Welcome to jimtrade
Sign In | Join Free
 
in
Home > Trade News > GE joins NTPC, BHEL for Dabhol project
GE joins NTPC, BHEL for Dabhol project
 
GE joins NTPC, BHEL for Dabhol project
G E Energy would join National Thermal Power Corporation (NTPC) and Bharat Heavy Electricals Ltd [BHEL] to determine a course of action for restarting and completing the Dabhol Power Project (DPC). According to a GE India press release, as soon as arrangements are completed at the site, GE Energy would dispatch its engineers and technical advisors to examine GE- supplied turbines and related equipment. Based on these evaluations and the findings of NTPC and BHEL on the balance of the plant, a detailed work schedule for the restart of phase 1 and completion of phase 2 would be established.

Scott Bayman, president and CEO, GE India, informed, "We are keen to put Dabhol behind us, assist with bringing power to the people of Maharashtra and pursue our growth initiatives across a wide range of business sectors in the country."

The 2.184-MW Dabhol plant, one of Indias largest foreign investment projects, was shut down in June 2001 after a dispute over electricity tariffs between the then USA-based promoter Enron Corporation and the Maharashtra State Electricity Board. GE and Bechtel Group Inc together own an 85 per cent stake in DPC.
Posted On : 8/22/2005 5:37:46 PM

 
 
 
GE joins NTPC, BHEL for Dabhol project