Indian Power Sphere: 05/01/12

May 1, 2012

Indian Power Sector needs Rs. 13.72 lakh Crs during 12th Five Year plan…

Power India found that as said by Government today the country’s power sector requires Rs 13.72 lakh crore in funding for the 12th Five-Year Plan (2012-17). “The Working Group on Power for formulation of the 12th Five-Year Plan has estimated total fund requirement of Rs 13,72,580 crore for the power sector,” Minister of State...

India developed 98.05 MW rooftop solar projects; nearing to 100 MW…

Power India found that India has 98.05 MW of rooftop solar capacity coming up. Jharkhand tops the list of States with rooftop solar capacity with 16 MW under its belt. Rajasthan follows it with 12 MW and Andhra Pradesh has 10.5 MW. Of the 98.05-MW spread across 78 projects, 58.05 MW has been commissioned, while the rest...

Orient Green sells 21,000 Renewable Energy Certificates…

Power Found that the renewables industry received a pleasant surprise last week when 71,326 ‘renewable energy certificates’ were traded on the two exchanges, IEX (62,277) and PXIL (8,949). That volume in the very first month of the financial year was encouraging. But a major seller was only one company, Orient Green Power Ltd,...

Tamil Nadu hiked transmission charges; may have impact on REC market…

Power India found that the Tamil Nadu Electricity Regulatory Commission has recently permitted the state transmission utility to hike transmission charges, practically tripling them. This is likely to have a big effect on REC market, and consequently, on the investments into the State, experts say. The state has hiked long term...

Azure Power to develop 2.5 MW solar power rooftop project in Gujarat…

Power India found that two days after the Chief Minister, Mr Narendra Modi, mooted a rooftop solar power generation policy, Azure Power, an independent power producer in the solar energy sector, has announced plans to develop India’s first megawatt (MW) scale rooftop project in the Gujarat capital. The company would set up a 2.5 MW plant...

IFC to support rooftop solar projects in Gujarat…

Power India found that IFC, a member of the World Bank Group, is supporting the Indian state of Gujarat to replicate in five cities a rooftop solar project first completed in Gandhinagar, improving access to power and reducing air pollution from the burning of wood and fossil fuels. The two pilot projects of 2.5 megawatt each demonstrated...

IFC to part fund Abengoa’s Indian arm Inabensa…

Power India found that International Finance Corp (IFC) is part funding a steel fabrication plant being built in India by Spanish infrastructure conglomerate Abengoa S.A. Abengoa’s Indian arm Inabensa Bharat Pvt Ltd is setting up the plant which is expected to cost around Rs 100.2 crore (~$20 million). IFC will lend around $14...

Power Grid completes transmission lines to Nepal having capacity of 40 MW…

Power India found that wth three key projects aimed at beefing up the power transmission capacity between India and Nepal achieving completion, an additional 40 MW of electricity transfer from India to the Himalyan nation is expected to commence over the next couple of months. The wrapping up of the projects by the Indian side...

Sinha to head Atomic Energy Commission…

Power India found that Director of Bhabha Atomic Research Centre (BARC) Ratan Kumar Sinha on Monday took charge as Chairman of Atomic Energy Commission (AEC) and Secretary in the Department of Atomic Energy from incumbent Srikumar Banerjee. Sinha, a topper in mechanical engineering from Patna University who headed the reactor...

Haryana to face power shortage of 1200 MW during the summer…

Power India found that Haryana is expected to face longer power cuts this summer as three thermal units of 1200 Mega Watt (MW) capacity are under forced outage for the next two months. Two units of 300 MW each at Yamuna Nagar thermal are under major breakdown after vibrations were noticed in the turbines .The Chinese Shanghai...

Around 89 projects are pending for Environment & Forest Clearance…

Power India found that as informed by the Lok Sabha today around 89 power projects are pending with MoEF for Environment & Forest Clearance. While 41 power projects are awaiting environment clearance, 48 power projects require diversion of forest land, the Environment Minister, Ms Jayanthi Natarajan, said during Question...

Coal Ministry issued show-cause notices to 10 power companies for delay in coal block development…

Power India found that Coal Ministry issued show-cause notices to 10 firms, including Reliance Power's Sasan, Tata Power, Hindalco and Grasim Industries asking reasons for delay in developing coal blocks and warned that the same may be cancelled if explanation is not given in 20 days. As stated under the notice to Reliance Power’s...

33 thermal plants is having coals stocks which may last for only 7 days…

Power India found that according to the data published on Central Electricity Authority, at least 33 power plants of the total 89 have coal stocks which may be barely enough to generated power for 7 days. Further out these 33 thermal plants some 18 power plants will have coal stocks enough for only 4 days. Although...

MP Solar Tender – 430 MW bids against tender of 200 MW…

Power India found that MP received bids for 430 MW Solar PV Plant against 200 MW Tender. Developer wise break up is as follows: SN Developer No of Projects Total Capacity Bidded (MW) 1 ...

Power Ministry issued directives to CERC to grant open access…

Power India found that the Power Ministry has issued directives to the Central Electricity Regulatory Commission (CERC) on open access, yet another push for granting open access to all electricity consumers with power requirement of 1 MW and above. The ministry has taken the decision after observing that the regulators had not...

33 km long coal transportation corridor of Mahanadi Coalfields in West Bengal is not progressing as per the schedule…

Power India found that Mahanadi Coalfield Ltd’s (MCL) proposal of coal corridor between Basundhara to Bhedabahal is not progressing as per the scheduled timelines. The proposed project of coal transportation corridors will be constructed between Basundhara to Bhedabahal and will be having around 33 km four lane stretch...

According to secretary, DAE, India can build cheaper nuclear reactors…

Power India found that according to Dr Srikumar Banerjee, secretary in the DAE, India can build cheaper nuclear reactors than even South Korea. Dr Srikumar Banerjee, secretary in the Department of Atomic Energy (DAE), said India can now manufacture nuclear reactors at $1,700 per unit. As said by Dr Banerjee "We are now...

Rajkot Municipality to set up a 50 kW solar grid connect system…

Power India found that in a significant move towards developing Rajkot as a ‘solar city,’ the Rajkot Municipal Corporation (RMC) has set up a 50-kilowatt-peak (kW) solar grid connect system. Finance minister Vajubhai Vala will inaugurate the newly set up solar power system at RMC’s east zone office on Monday...

Wind Strong Winds bring power to Tamil Nadu…

wind power (Photo credit: twicepix) Power India found that with wind-power generation in the state picking up in the last 3-4 days, parts of Chennai, including Kolathur, Villivakkam and OMR, were spared load-shedding Sunday. The districts have been reeling from over 10 hours of daily power cut, while Chennai and suburbs face a two-hour...

DOE signed $125 million partnership with India to boost solar technology and energy efficiency….

Power India found that United States Department of Energy (DOE) moved toward $125 million partnership with India. The partnership could boost international biofuels production and further development of solar technology and energy efficiency. Earlier, DOE announced a partnership with the U.K. on offshore wind. ...

IFC to invest $ 9 Million in Bangalore based RenewGen Enviro….

Power India found that the International Finance Corporation (IFC) is planning to invest around $ 9 Million in the RenewGen Enviro Ventures India Pvt. Ltd (Banglore based company) which is currently developing a waste to energy (WTE) project in Sri Lanka. The deal would include a mix of debt and equity both at the project level...

West Bengal Govt prepared final draft for policy on development of renewable sources of energy…

Power India found that finally West Bengal Government has prepared a final draft after 10 months. At a time when the entire world is focusing on non-conventional or renewable sources of energy, it took the eco-friendly Bengal government 10 months to prepare a final draft. Now after years of neglect, the Mamata Banerjee Government...

CEO of Tata BP Solar resigned as Industry struggles against cheap Chinese supply…

Power India found that Mr. K. Subramanya the CEO of India’s third-largest panel make Tata BP Solar Ltd. has resigned as the panel manufacture industry struggles to cope with oversupply from Chinese competitors that’s crushed prices. Indian panel makers such as Tata BP, Indosolar Ltd. (ISLR) and Moser Baer India Ltd. (MBI) are...

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