Ducon Infratechnologies announced that in a reverse auction conducted for Flue Gas Desulphurization System (FGD) package for Muzaffarpur Thermal Power Station, Stage - II ( 2 x 195 MW), Kanti, Bihar by NTPC, where Ducon's proven Wet Limestone FGD technology would be deployed, its partner EPC Organization, has emerged as the lowest bidder (L-1).
Ducon opted to bid this project in collaboration with an EPC partner in order to optimize its available resources on the maximum number of FGD packages.
Ducon Infratechnologies would be supporting Ducon US and would be extensively involved in the execution of the project from concept to commissioning.
The anticipated value of the order for Ducon Infratechnologies is in the range of Rs 100 - 150 crore.
This is the Second consecutive FGD project of NTPC for Ducon, the first being Barauni Thermal Power Project, Stage II (2 x 250 MW), Barauni which was bid directly by Ducon Infratechnologies and emerged as L-1 for an Order in the range of Rs 500 - 600 crore.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
RECOMMENDED FOR YOU