NTPC tender receives tepid response from developers
BENGALURU: Wind tenders continue to draw little interest from developers including those from ‘navratna’ NTPC, whose latest tender, issued for the second time on Wednesday, drew no response.
NTPC first issued the tender of 1,200MW few days ago setting a ceiling tariff of Rs 2.85 per unit. When no developer showed interest, it revised the ceiling tariff to Rs 2.93 and issued the tender again. Even then, it did not draw a single bid. The tender closed on Wednesday.
The next bid submission date has not been announced yet, sources said.
