NTPC thermal projects
PES Engineers Pvt Ltd has emerged as the L1 bidder for NTPC’s Gadarwara-II ash handling package, securing the contract at Rs 824.64 crore. The 5.2% gap to L2 and 13.8% to L3 bids confirms fierce competition within ongoing NTPC thermal projects.
Rivals BTL EPC, The Indure, Macawber Beekay, and Thermax all quoted within a narrow margin, typical of NTPC’s balance-of-plant procurement approach. The deal strengthens PES Engineers’ track record in NTPC thermal projects and signals continued vendor consolidation at realistic cost thresholds.
Analysts note that undisclosed owner estimates and absent escalation clauses highlight NTPC’s tightening fiscal discipline across NTPC thermal projects. The contract continues a pattern of close-spread tenders reflecting thin margins but high technical compliance,NTPC Thermal Projects, Energyline India, P A S Engineers, NTPC, Gadarwara, Ash Handling System, Thermal Power India, EPC Bid, Power Sector News, Balance Of Plant.
Complete analysis and bid summaries for NTPC thermal projects are available exclusively on EnergylineIndia.com, India’s trusted power procurement database.
