Reliance Infrastructure Set To Bag Rs 1,000 Crore NPCL Order

Reliance Infrastructure Set To Bag Rs 1,000 Crore NPCL Order

Anil Ambani-led Reliance Infrastructure is slated to win a Rs 1,000-crore order from Nuclear Power Corporation of India (NPCI) after emerging as the lowest bidder for an engineering and construction contract for the Kudankulam plant, people familiar with the development told ET.

NPCI opened bids for the engineering, procurement and construction tenders related to the third and fourth units of 1,000 MW each of the Kudankulam nuclear power project on Tuesday. Reliance Infra was the lowest bidder, beating Larsen & Toubro and Tata Projects, the people said. “We have bid for the project but cannot comment any further till NPCI awards the order,” a Reliance Infra spokesperson told ET.

The projects are scheduled to be completed in 56 months. They entail design, engineering, procurement, manufacture, supply, erection and construction, testing, commissioning, handing over and performance guarantee of common services, systems, structures and components for the plant in Tamil Nadu. Read More…

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