Making a foray into the international operations & maintenance business, the country's largest power producer NTPC today said it has bagged a Rs 43 crore contract in Bangladesh for providing O&M services.
NTPC Consultancy, a part of the state-run power major, has secured a six-year contract to provide O&M services at the Siddhirganj Peaking Power Plant in Bangladesh.
In a statement, NTPC said the contract, which was won through international competitive bidding, would also mark the entity's foray into the international O&M services space.
The contract is worth about Rs 43 crore ($8.8 million) and will be funded by the International Development Association.
"Notice of Award (NOA) has been received for operation and maintenance services for 2x120-MW gas-based Siddhirganj Peaking Power Plant (SPPP-A) from Electricity Generation Company of Bangladesh Ltd (EGCB)," the statement said.
The contract is expected to be signed in Dhaka this month. NTPC also offers engineering and project management consultancy services, among others, to clients within and outside the country.
The power producer has an installed capacity of 34,854 MW, according to its website.