Tata Power want the Moser Baer to be debarred…

Tata Power Delhi Distribution Ltd (TPDDL), a Joint Venture of Tata Power and Delhi Government, asked to debar Moser Baer Photo Voltaic Ltd due to the poor performance of solar projects.   TPDDL has awarded three solar projects to Moser Baer Photo Voltaic Ltd, a unit of the Moser Baer group. A letter has been issued by TPDDL to the...

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Adani Power signed FSA with Coal India for its Mundra power plant…

Adani Power Ltd has signed a Fuel Supply Agreement with Coal India for supply of coal it its Mundra Power Plant in Gujarat.   The 4,620 MW coal-based Mundra thermal power project, which was commissioned in February 2012 is primarily linked to overseas and domestic captive sources.   With this almost all the private sector...

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NTPC blames government over power sector crises…

According to the NTPC Chairman, the entire blame of chronic fuel shortages prevailing in power sector is on the Government which has exacerbated the country's energy crisis and put off steps to increase power generation as he repeated a warning NTPC would fall far short of its own target to up capacity. Mr Arup Roy Choudhury chairman...

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Alstom got Rs. 55 Crs orders from NTPC…

Power equipment major, Alstom Ltd,  has recently secured two contracts for the execution of turnkey station control and instrumentation (C&I) for National Thermal Power Corporation (NTPC) projects.   In a release, the company said that it will be providing the C&I equipment for NTPC's 660-MW supercritical projects...

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Coal India should adopt pooling formula… says Mr. Ahluwalia..

According to the Deputy Chairman of Montek Singh Ahluwalia, the Coal India should adopt a pooling formula on prices by combining the prices of imported and domestic coal to offset the impact of high import costs.   As said by him, "As the import will get expensive, I suggest Coal India should adopt a 'coal pooling formula',...

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GE to localise the wind turbine components…

GE Energy is considering to focus on localise the components of wind turbine for the Indian Wind Energy sector for its 1.5 MW and 1.6 MW ratings.   As said by Mr Banmali Agrawala, President & CEO, GE Energy, “The company will be launching products of larger capacities to capture low wind speeds as prevalent in India. The...

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NTPC JV achieves financial closure for Meja Thermal Power Project…

A loan agreement for Rs. 75.75bn was signed on June 06, 2012 with consortium of sixteen Banks led by State Bank of India and syndicated by SBI Capital Markets Ltd.   National Thermal Power Corporation Ltd has announced that Meja Urja Nigam Private Limited, a Joint Venture of NTPC Ltd and UPRVUN Limited has achieved financial closure...

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Coal India should focus production not profits, says Alok Perti…

The former Coal Secretary Sh Alok Perti has advised several measures to improve the coal supply situation of the country. According to him, the Coal India should put more emphasize on raising coal production rather tan on increasing profits. As said by him, "In a monopolistic situation, is profit for a government firm only objective?...

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