OPGS Power Gujarat Pvt. Ltd, a subsidiary of UK-based OPG Power Ventures Plc, will commission its 300 MW coal-fired power plant on Saturday at Bhadreswar in Kutch district of Gujarat, managing director and chief executive officer Arvind Gupta said in a press conference on Thursday.
Work on the project, located in a special economic zone developed by the Adani group in Mundra, started three years ago and around 300 acre land was acquired from private owners in Kutch
Mytrah Energy has bagged a 220 MW wind power project from the Andhra Pradesh government.
The project will be installed in Kurnool district and is expected to be commissioned within next 18 months.
Mytrah has built an operating portfolio of 543 MW across seven wind rich states in a span of four years.
According to company, it has 300 MW under construction and 3,500 MW of identified projects in the pipeline.
Power Grid Corporation of India (PGCIL) has sought $500 million loan assistance from the World Bank for financing projects.
Power Grid is engaged in building transmission projects across the country. It also provides consultancy services in the power sector.
According to PGCIL, discussions are undergoing with the Ministry of Power (MoP) and Ministry of Finance (MoF) and the World Bank regarding funding assistance of transmission systems for evacuation of power from the solar parks.
For funding of its other transmission projects, Power Grid has submitted a proposal to the Ministry of Power for recommending it for consideration of Finance Ministry for sovereign loan assistance of $500 million from the World Bank.
London-based Mytrah Energy Ltd has secured an Rs 853 Crs long-term loan from an unnamed Indian bank to finance 150 MW of wind projects.
The company expects to completed the said capacity in the coming 12 months, before India's 2016 wind season kicks off.
According to the company, the proposed capacity will be completed within 12 months.
With the new wind farms, Mytrah’s nominal capacity will top 690 MW.
So far, the firm has installed 543 MW of wind parks across six Indian states and it has 3,500 MW of projects in the pipeline.
Last week, Mytrah agreed to construct a 220-MW wind park in the Indian state of Andhra Pradesh within 18 months under a deal with the local government.
India aims to boost its installed renewable plant capacity to a total of 170 GW by 2022, up from 34 GW at present.
The government has put off the second round of auction of 21 coal blocks to 4th March 2015 which was earlier scheduled to begin from 27th February 2015.
The auction follows the Supreme Court decision last year to cancel allocation of 204 coal mines.
So far the Government has already allotted 19 coal blocks in the first lot of coal auctions.
According to the Coal Ministry, announcement of qualified bidders for Schedule 3 Coal Blocks will be done on 2nd March 2015. The entire process of auction of schedule III blocks will be completed by April 2.
The mines on offer for schedule III mines are
The government has received 130 preliminary bids from companies like Essar Power, Hindalco, Adani Power and Jindal Power for 21 coal blocks on offer in the second tranche of ongoing auction.
Other mines on auction are Meral coal block in Jharkhand, Rohne Coal Block in Jharkhand, Utkal C in Odisha, Dumri Block in Jharkhand, Gare Palma IV/8 in Chhattisgarh, Kosara Dongargaon mine in Maharashtra, Mandla South coal block in MP, Moitra coal mine in Jharkhand and Tare mine in Chhattisgarh.
The third 500 MW unit of NTPC’s Vallur Thermal Power Plant will soon commence commercial operation. Tamilnadu’s share from this plant will be around 358 MW.
The third unit has completed the mandatory 72 hours continuous full capacity operation between December 7 and 10 for achieving commercial operation declaration.
However, the declaration of commercial operation was delayed due to breakdown of a coal conveyor and commissioning of the additional coal grab system in the Ennore port to unload coal from the ships.
The three units of Vallur, which is a joint venture of the NTPC and Tangedco, together will supply 1074 MW out of its total capacity of 1,500 MW. The first and second unit is already under commercial operation since November 2012 and August 2013.
After obtaining the mandatory environmental clearance for the project, the first unit of the 2X500 MW NLC Tamil Nadu Power Limited (NTPL), a joint venture of the Tangedco and the NLC, has been test synchronised with the grid on February 18.
