NTPC Re-invites Bid for Faridabad Solar Photovoltaic Project

DELHI--January 8, 2012--Researched by Industrial Info Resources India (Delhi, India)--NTPC Limited (BSE:532555) (New Delhi, India), India's state-owned power producer, is scouting for a developer to set up a 5-megawatt (MW) solar photovoltaic (SPV) plant at its Faridabad gas-based power station, near New Delhi. The power major on Thursday issued a fresh set of bid documents for selection of developers, cancelling the bidding process initiated last year, reportedly due to low participation from the bidders.