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December 31, 2013

Alstom T&D wins orders worth Rs 162 cr for substations in West Bengal...

  Alstom T&D India on Tuesday said that it has bagged three contracts worth Rs 162 crore (€24 million) from West Bengal State Electricity Transmission Company Ltd (WBSETCL) for projects across the State. The first two contracts include design, engineering, manufacture, supply, erection, testing and commissioning of 220/132 kV...
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Vedanta seeks nod to use IPP power for smelter...

  Vedanta Aluminium Ltd (VAL), a unit of Anil Agarwal controlled Vedanta Resources, has sought the nod of the Odisha government for using 600 Mw power from Sterlite Energy (also a Vedanta Group firm) to run its smelter at Jharsuguda. VAL’s 1.25 million tonne per annum (mtpa) aluminium smelter set up as a sector specific Special Economic...
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Indonesian coal to be part of index determining power tariffs...

  Power sector regulator CERC has decided to provide 50% weightage for Indonesian coal in the benchmark index that is used to determine escalation rates for electricity generated using imported dry fuel. The move would help in having a benchmark in deciding the escalation rates for electricity generated by power plants that are fired...
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Solar power a lucrative new opportunity for Punjab SMEs...

  Vishav Mohan (name changed), a small entrepreneur based in Ludhiana, Punjab, was running a sewing machine company that was losing money owing to the decline in demand caused by a glut of cheaper models imported from China. He is now setting up a unit to manufacture solar panels for solar photovoltaic power generation on the same...
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200 kWp Rooftop Solar plant commissioned by an Educational Society in Andhra Pradesh

  A roof top, solar photovoltaic power plant has been commissioned at the Sri Vishnu Educational Society, Bhimavaram Campus in West Godavari district. The Vice-Chairman and Managing Director of the New and Renewable Energy Development Corporation of Andhra Pradesh, M. Kamalakar Babu commissioned the plant on Saturday, which has an...
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GAIL gets environment nod for 220-Mw power plant...

  GAIL India Ltd, the nation's biggest gas marketing company, has received environmental clearance for setting up a 220 MW gas-based power plant at Raigad in Maharashtra at a cost of Rs 1,028 crore. The state-owned firm plans to use 1 million standard cubic meters per day of natural gas to generated 220 mega-watt of electricity at...
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Clearances of Odisha power project coal blocks may be de-linked: Report

  The government may de-link forest clearance of coal blocks for 4,000-MW Odisha ultra-mega power project (UMPP) with the environmental clearance accorded to the entire plant, so that delay in development of mines does not affect the construction of the thermal station, according to a source close to the development. This development...
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Trial linking of national and southern power grids to start from today...

  The Power Grid Corporation of India Limited (PGCIL) will start synchronising the national power grid with the southern power grid on a trial basis on Tuesday. The much-awaited synchronisation is expected to ease electricity shortage in Karnataka, Tamil Nadu, Kerala and Andhra Pradesh. The synchronisation was to begin in the first...
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Power losses halved in Haryana, but little gain for consumers...

  Seen in pure revenue terms, the year 2013 was good one for the power discoms. According to reports, operational losses were reduced by 52%, thanks to financial restructuring. But from the viewpoint of the consumer, there are few causes for celebration. First of all, there were around half a dozen tariff hikes in this year alone....
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50 Substations across the state has been inaugurated in Tamil Nadu...

  With a view to ensure uniform power supply to all and to reduce transmission loss as well as maintenance cost, Chief Minister J Jayalalithaa on Monday inaugurated 50 sub-stations across the State, set up at a cost of Rs. 509.88 crore, through video conferencing facility at her camp office at Kodanadu in Nilgiris district. Jayalalithaa...
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December 30, 2013

Government has no authority to reduce power tariffs: DERC

  Delhi's electricity regulator has said the government cannot interfere in fixing tariff though it can subsidise consumers, highlighting the potential difficulties facing Arvind Kejriwal, the new Delhi CM, whose party has promised to halve electricity prices in the Capital. "The government cannot interfere in tariff fixation. It...
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Adani Power Board approves demerger of transmission business...

  Adani Power Board today approved the demerger of its transmission lines business to its wholly owned subsidiary company besides appointing Vinod Bhandawat as the chief financial officer of the generation company. In a statement to the Bombay Stock Exchange (BSE), Adani Power said that its board has approved the "demerger of the...
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PSERC passes on customs duty benefit of Rs.600 crore to consumer...

  Punjab State Electricity Regulatory Commission (PSERC) has decide to pass on custom duty benefit of Rs. 600 crore availed by Sterlite Energy limited on account of grant of mega power project status to Talwandi Sabo thermal project be passed on to consumers. PSERC in its order of December 27 on petition no. 41 directed the Sterlite...
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Kerala must plan switchover to 100% renewable energy: Report

  Kerala must plan for a transition to 100 per cent renewable energy for sustainable development and energy security. The State has meagre fossil fuel resources and most of the hydro potential is already harnessed, says G.M. Pillai, Founder Director-General of Pune-based World Institute of Sustainable Energy. REPORT RELEASED He...
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OIPL drafting PPA for Odisha UMPP...

  The Odisha Integrated Power Ltd (OIPL), a fully owned subsidiary of Power Finance Corporation (PFC) is in the process of preparing the draft power purchase agreement (PPA) for the first ultra mega power plant (UMPP) in the state. The maiden UMPP with a capacity of 4,000 Mw is coming up at Bhedabahal in Sundargarh district. OIPL...
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Jharkhand electricity board divided into four parts...

  The Jharkhand cabinet Monday gave its approval for division of the state electricity board into four parts, an official said. "The state cabinet today gave its approval for the division of the JSEB (Jharkhand State Electricity Board) into four parts. Four companies will be formed after the division. The companies will be holding,...
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IRENA Demystifies Renewable Energy Costs...

  On the occasion of the sixth meeting of its Council in Abu Dhabi, the International Renewable Energy Agency (IRENA) launched a unique web portal dedicated to renewable energy cost analysis (www.irena.org/costs). The portal provides access to IRENA’s data and analysis at no cost to users. “IRENA has developed the most current and...
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December 28, 2013

120 MW thermal power plant in Ganjam district of Odisha on the anvil...

  A 120 mega watt (MW) thermal power plant is on the anvil to be established near Chatrapur in Ganjam district. This power plant would need an investment worth around Rs. 600 crore. It would be established by Dr. Ramakrishna Prasad Power Private Limited (RKPPL) of Hyderabad. Speaking to The Hindu, Ganjam district Collector, Krishan...
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UPPCL signs power purchase agreement for 110 MW solar power with the solar power developers...

  The UP Power Corporation Limited (UPPCL) has entered into an agreement with solar power developers for purchasing 110mw of power. The agreement was entered in the presence of UP chief secretary, Javed Usmani, who said that under the state solar policy the state government will be setting up 500mw of power solar power plants in...
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DERC turns down discoms power tariff-hike plan in Delhi...

  The Delhi power regulator has turned down a request by the distribution companies to hike power tariffs in the Capital, a day before the Aam Aadmi Party (AAP) chief Arvind Kejriwal takes oath as chief minister. This is probably the first time that a claim by the distribution companies has been turned down. Distribution companies...
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Progress of OPGC, NTPC power & coal mine projects in Odisha...

  The progress of the power plant and coal mine projects allocated to OPGC is satisfactory. This has come to light in the State level Steering Committee Meeting held under Chairmanship of Chief Secretary Jugal Kishore Mohapatra in secretariat conference hall today wherein Energy secretary Pradeep Kumar Jena presented the present...
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PowerGrid gets shareholder approval to hike FII limit to 30 per cent...

  Power Grid Corporation of India has received shareholder approval to increase the limit of holdings by foreign institutional investors to 30 per cent from 24 per cent currently. FIIs can acquire and hold, on their own account and on behalf of each of their Sebi-approved sub-accounts, shares of the company up to an aggregate limit...
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December 27, 2013

NTPC to start mining coal from Dulanga block by Mar 2015...

  NTPC Ltd, the country's biggest power generating utility hopes to start coal production from the Dulanga block by March 2015. With a mineable reserve of 152 million tonne, the Dulanga block located in the Ib valley coalfields, is linked to NTPC's 1600 Mw super thermal power station coming up at Darlipalli in Sundargarh district....
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Monthly review of Indian Power Sector for the month of November 2013...

  During the month of November 2013, around 1635 MW of generating capacity has been installed under the Indian Power Sector reaching the total cumulative generating capacity at around 232.16 GW. Further around 1226 Circuit Kms of transmission lines are also added.   Summary of the review of Indian Power Sector for the month...
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Reliance Power up 3% as CBI likely to close enquiry in Sasan project...

  Shares of Reliance Power today rose by nearly 3 per cent on the possibility of CBI closing its preliminary enquiry to probe coal block allocation to a power project in Sasan in Madhya Pradesh run by Anil Ambani's firm. Reacting to this, Reliance Power's scrip went up by 2.89 per cent to Rs 74.7 on the BSE. On the NSE, the stock...
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Year end review of Indian Coal Sector for the year 2013 by Coal Ministry...

  Coal Ministry has done an year end analysis of the progress made by the Indian Coal Sector during the year 2013. The same has been depicted below:     Major Highlights: Regulator proposed for Coal Sector Public Private Partnership to augment coal production Thirty eight captive coal blocks comes under production...
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Odisha to float tenders soon for 48 Mw solar power...

  In its efforts to maximize solar power generation and also to fulfill the renewable purchase obligation (RPO) of its bulk power purchaser Gridco, the state government would soon float tenders for new soar power capacity of 48 Mw. Presently, on-grid solar power projects with a total capacity of 13 Mw are operational in the state....
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CIL to begin final exploration round in Mozambique early next financial year...

Coal India Ltd (CIL), the Kolkata-based world’s largest coal miner, will begin third and final round of exploration in two of its blocks in Mozambique early next financial year. This brings the miner a step closer to commissioning mining in its maiden overseas project by 2016.   “The second phase of exploration, which is...
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Update on REC Trading for the month of December 2013: Non-Solar RECs Up by 31%, Solar RECs by 7%...

  The 10th REC Trading Session of the Financial Year 2013-14 was conducted on 26th December 2013 marking the end of Q3 on both the Power Exchanges, IEX and PXI. This REC trading session shall bring some comfort and shall develop faith over REC Mechanism, as the market has shown a substantial positive growth and there are good indicators...
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