The National Thermal Power Corporation Ltd (NTPC) and Bharat Heavy Electricals Ltd (BHEL), jointly plan to invest Rs 6,000 crore in the greenfield projects to set up a power plant equipment by 2013.

CMD, BHEL, K Ravu Kumar told that the plant is likely to manufacture boilers and turbines for power plants with a capacity of 5,000 mega watts but so far as the location of the plant is concerned, nothing has been decided as yet.

The company’s new CEO, likely to be appointed this month, will either be nominated by BHEL or NTPC.

The plan outlining the company’s strategy to procure engineering and construction contracts for power projects will be followed by the manufacturing of critical balancing of plant equipment.