The Hindu Business Line : NTPC invites consultants for gas exploration, LNG foray

NTPC Ltd has invited expressions of interest from consulting firms to advise the firm in making investments across the entire natural gas value chain, including gas exploration and setting up liquefaction terminals.

The country's largest power generating company has invited EOIs from internationally reputed consulting companies for `advisory services' to enable the utility to pick up equity stakes in the upstream LNG chain in India and abroad to ensure the long-term availability and price competitiveness of gas or LNG.

The consultants would be required to advise the company on the technical assessment of gas prospects in a particular area, development of exploration and production plans, due-diligence and techno-economic feasibility of LNG liquefaction and re-gasification terminals and transportation of gas through pipeline on land or sub-sea. They would have to advise NTPC on evaluating options for shipping of LNG, feasibility for establishing the port for receiving LNG, assist in selecting partner companies and help in negotiating MoUs or agreements.

NTPC has an installed capacity of 23,749 MW and contributes more than 27 per cent of the country's power generation. The power utility plans to become a 66,000-MW plus company by 2017. It operates seven gas-based combined cycle power plants having a total capacity of 3,955 MW in addition to 13 coal-based power plants in the country.

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