India Power emerges as lowest bidder for NTPC Dadri thermal energy storage project
India Power Corporation Limited has emerged as the lowest bidder (L1), quoting Rs 4,389.29 million for setting up a pilot project for a Thermal Energy Storage System (TESS) integrated with the NTPC Dadri Power Plant to supply 15 MW of additional power. NTPC Limited had invited bids for the project in April 2024. Oswal Infrastructure Limited ranked as the second-lowest bidder (L2) with a quote of Rs 5,535.42 million. The project scope includes designing, engineering,…