NTPC-BHEL Power Projects Pvt. Ltd. (NBPPL), a 50:50 joint venture of state-owned National Thermal Power Corporation (NTPC) and Bharat Heavy Electricals Ltd. (BHEL), for manufacturing power equipment will start operations in the next fiscal. “The infrastructure for NTPC-BHEL joint venture company would be ready by March 2012 and it would start production next year (financial year),” NTPC CMD, Mr Arup Roy Choudhury reportedly said. NBPPL already has orders in hand, which it received from NTPC and BHEL at the time it was incorporated in April 2008. It will start manufacturing plant equipment such as transformers, switchgears, meters and automation systems from its facility in Andhra Pradesh. NBPPL will supply equipment for the 100-MW Namrup power station in Assam and 726-MW combined cycle power plant Palatana of ONGC Tripura Power Corporation.