Solar Energy Corp. of India – national solar company of India in making…

Spark, from the online resources, have learnt that, India is planning to set up a company to build federal solar projects and to assist the country reach a target of 20 GWs of solar energy capacity by 2022. Spark found that the initial capital of the company will be Rs. 20 Billion (USD 405.6 million).

 

This decision was taken considering shortage of funds and a relative lack of interest by commercial companies, India may miss solar energy targets set under a federal program.

Mr. Gireesh B. Pradhan, Renewable Secretary, said in an recent interview that the dedicated company will ensure that India meet solar target effectively.

 

The company (Solar Energy Corp. of India) will gradually take over responsibility for federal solar projects from NTPC Vidyut Vyapar Nigam Ltd., an arm of India's largest power producer NTPC Ltd.

 

First round of bidding under the National Solar Mission, has received little interest from domestic and foregin companies due to narrow margins, financial difficulties, nascent technologies and other hurdles. However, the second round of bidding after tweaking of bidding rules have generated higher interest.

Also, according to source, government is working to infuse more capital in the Indian Renewable Energy Development Agency (IREDA).

Read More...

MoEF cleared Kudgi Thermal Project of NTPC…

Spark, from the various online Sources, learnt that National Thermal Power Corporation (NTPC – Largest Power Generating Company of India) had received clearance from Ministry of Environment and Forests (MoEF) for its upcoming Kudgi Super Thermal Power Project Stage – I ( 3 X 800 MW) being set up in Bijapur district of adjoining Karnataka.

 

Recently, the Board of Directors of NTPC, have cleared the investment proposal of Rs. 15,166 Crs for setting up the project. With the MoEF Clearance in place, NTPC can immediately start construction work at the plant site. Spark learnt that the company has began sourcing of the 800 MW units through bulk tendering process.

 

Kudgi upon commissioning will become NTPC’s first plant in Karnataka by NTPC with a total installed capacity of 4,000 MW.

Spark analyzed that the project is proposed to have super critical boilers and latest technology. Coal requirement will be met from NTPC's own mine at Pakhri Barwadi in Jharkhand.  Land for the project to the tune of 1,923 acres for the main plant have already been alloted by Karnataka Industrial Area Development Board. Land acquisition for the balance 1,600 acres is in progress.

 
To meet the water requirement, Karnataka Government has sanctioned 5.2 TMC of water per annum from Almatti Dam, which is 18km from the plant site. The power to be generated from this project would be supplied to Karnataka, Tamil Nadu, Andhra Pradesh and Puducherry.

 

Pl give your feedbacks/comments on the post.

Read More...

RPower to hire RWE Power to coal mining of Tilaiya UMPP…

According to Sources, Reliance Power Limited (RPower) has roped in RWE Power International (Germany) to assist the company for mining the coal from its captive mines at Tilaiya Ultra Mega Power Project (UMPP).

Spark found that, RWE Power is one of the leading energy utilities of Europe and Biggest Coal Miner of Germany. RWE Power shall assist RPower to design and plan the engineering aspects of captive mines and procurement of equipment and ensure quality control.

Government has allocated Kerendari B and C coal blocks of North Karanpura coal fields in Jharkhand to meet the fuel requirements of the Tilaiya project. These mines have reserve of over 1 billion tonne. The company plans to produce 40 million tonnes of coal per year.

Read More...

MoP forwards 12th Plan capacity addition proposal to Planning Commission…

According to Sources, Ministry of Power (MoP) has set a target of capacity additions to the tune of 76,000 MW during the 12th Five Year Plan (FY 2012 – 17) and 93,000 MW during 13th Five-Year Plan (2017-22). However, Spark found that, the Planning Commission is mulling to fix the target of about 1,00,000 MW of capacity addition in the Power Sector.

MoP have sent its proposal for addition of 76,000 MW of power capacity in the 12th Five-Year Plan to the Planning Commission for the approval, even as the sector battles acute fuel shortages and environmental issues. However, Planning Commission member BK Chaturvedi had earlier said the Planning Commission may fix a target for about 1,00,000 MW of capacity addition in the power sector.
During this period, an investment of about Rs6 lakh crore is expected in power generation projects.
Power projects being executed by state-owned hydro-power generation company NHPC, which were scheduled for commissioning during the current Plan, would now start electricity generation in the 12th Plan.
NHPC’s 2,000-MW Subansiri project in Assam and 3,000-MW Dibang project in Arunachal Pradesh are still awaiting environment clearances.
The country’s largest power producer, NTPC, which had set itself a mammoth target of becoming a 75,000 MW company by 2017, is also believed to have brought down this target to 70,000 MW because of scarcity of gas.

Read More...

Coal Prices to be revised by end of Month…

According to Sources, Spark found that Coal India Ltd (CIL) is planning announce the new set of coal prices this month. This will be done prior to the retirement of the acting CIL Chairman Mr. N. C. Jha on 31st January 2012.

The decision comes after the ministry formally asked CIL to relook its January 1 pricing.

 

According to Mr. Jha, CIL were planning to revisit the coal pricing in March; however, Coal Ministry had formally sent a letter on 25th January 2012 to relook the prices immediately to prevent any major impact from the previous price regime.

 

However, Mr. Jha clarified that, the GCV (Gross Calorific Value) mechanism will not be rolled back in the current price change. 

"As switchover from Useful Heat Value (UHV) concept to GCV had happened under me, so I'll address the price issue before I retire," he told to the reporters.

Spark believes that the revised pricing would benefit or reduce the price shock in C, D and upper E grades of coal under UHG category. The earlier pricing benefitted CIL by close to 12.5% in additional revenue and the new pricing will eliminate most of it. The January 1 pricing was based on discount on import price but now the pricing would be done on what the consumers were paying in UHV regime.

CIL had attempted to reduced the gap of landed international coal price with domestic coal which was as high as close to 75% in certain coal varieties like C, D and part of E grades.

Read More...