Featured Articles...

August 4, 2013

IL&FS is executing 10,000 MW of coal and gas based projects...

 

IL&FS thermal projects

IL&FS Energy Development Company is executing 10,000 MW coal and gas based projects, and some of them are expected to start generation in the next one year.

As said by the company during the event organized by Independent Power Producer's Association of India, it has 4,000 MW coal based thermal power projects coming up in Cuddalore, Tamil Nadu. It will be having 6 units of which two will be commissioned by December 2014.  The company is likely to the sign the PPA (Power Purchase Agreement) with Tamil Nadu for 15 years.


IL&FS Energy has also envisaged setting up of some other projects as below:

  • 4,000 MW thermal plant in Gujarat
  • 2,000 MW gas-based plant and an LNG (Liquefied Natural Gas) terminal alongside the plant
  • 1,000 MW gas-based capacity in its kitty would do so by executing a 750 MW gas based plant in Joint Venture with ONGC in Tripura using the state-run company's gas.

Further, iron ore miner NMDC has decided to rope in IL&FS Energy Development Company as joint venture partner for setting up a 500 MW thermal power plant in Uttar Pradesh with an estimated investment of Rs 2,000 crore. IL&FS Energy would arrange coal for the power plant either through purchase, auction or long-term fuel supply agreement.


In addition to the conventional energy projects, the company is also hopeful of completing 1,000 MW wind power projects during this year.

 


More literature on this...

http://economictimes.indiatimes.com/news/news-by-industry/energy/power/ilfs-energy-aims-to-add-10000-mw-of-power/articleshow/21593752.cms


Read More...

Moser Baer Projects' 3,800 MW projects held due to absence of coal linkage and financing...

 

Moserbaer Projects

Moser Baer Projects Private Limited's proposed 3,800 MW power projects are held up due to absence of coal linkage which has also made company's plans of fund raising difficult.

According to the company, all the required permissions has been received and land has been acquired for the said Project and currently awaiting the fuel linkage. Further in the absence of coal linkage, company is also finding it difficult to arrange funds for the Project.

Company is planning to develop around 5,000 MW  of projects with and estimated investment outlay of around Rs. 25,000 Crores in the next fiver years out which currently around 1,200 MW capacity is being executed for which coal linkage is available.


Further, the loans are also arranged for this capacity and revenues generated from this plant will be utilized for building other projects.

 


More literature on this...

http://economictimes.indiatimes.com/news/news-by-industry/energy/power/moser-baer-powers-3800-mw-projects-stuck-for-want-of-coal/articleshow/21593962.cms


Read More...

Jindal Power to explore opportunities of hydro projects in Tajikistan...

 

Jindal Power hydro Tajikistan

Jindal Power Limited is considering to explore the opportunities of setting up hydro power projects in Tajikistan.

Jindal Power is currently executing three hydro power projects in Arunachal Pradesh at Etalin, Atunnli and Kamla.

Company has prepared the Detailed Project Reports (DPR) for the Kamla Project whilst the DPR of Atunnli is under preparation. The Etalin project has been touted as the largest hydro power project in the country.

Apart from hydro, company is also intending to focus on solar and wind energy projects and have shortlisted Rajasthan & Gujarat considering their potential.

According to the company officials, Tajikistan government has invited the company to look at their hydro potential. Tajikistan has hydro potential of 60,000 MW.

Jindal Power, which currently has 1,000 MW of coal-based capacity, is targeting 10,000 MW of thermal generation capacity by 2020.
About 7,000 MW of the new capacity is likely to be added in India, either by setting up new plants or acquisitions, while the remainder will be developed overseas, mostly in Africa.

 


More literature on this topic...

http://economictimes.indiatimes.com/news/news-by-industry/energy/power/jindal-power-may-explore-setting-up-hydro-plants-in-tajikstan/articleshow/21594106.cms


Read More...

KSERC receives award for "Transparency & Fostering Competition" by IPPAI...

 

KSERC receives award

During the event organized by the Independent Power Producer's Association of Indian (IPPAI), the Kerala State Electricity Regulatory Commission (KSERC) has received an award for "Transparency & Fostering Competition" in recognizance of its measures to strengthen & regulate the power sector.

 

IPPAI has organized a national level meeting of regulators and policy makers in Goa on 3rd August 13 and had instituted around 13 awards for recognizing the efforts for promotion of clean and efficient power generation by both private and government corporations.


As said by the former chairman of Central Electricity Regulatory Commission, there are several issues plaguing Indian Power Sector coupled with corruption and inefficiency problems over fuel production and the awards are aiming to incentivize progress and good work in the Indian Power Sector.


The Jury, comprised former secretary, Ministry of Power, member secretary of the National Manufacturing Competitiveness Council and former secretary of Ministry of New & Renewable Energy.

The Jury has selected Kerala State Electricity Regulatory Commission for the special award after evaluating the relative performances of all state electricity regulatory committee.

To combat severe power shortage, innovative concepts like recovery of marginal cost of power from extravagant consumers, higher rate for high-end domestic consumers and 'Time of Day' tariff for domestic sector were introduced for the first time in the country in Kerala. This along with effective control and admonitions on the Kerala State Electricity Board has forced it to streamline unregulated power purchase and enter in to prudent contracts to avoid power shortages in the future.


In addition, the KSERC has rationalized tariffs after a gap of 10 years and prescribed preferential tariffs for green and renewable sources like wind energy and small hydro projects.

 


More literature on this topic...

http://timesofindia.indiatimes.com/city/goa/Kerala-power-commission-wins-award/articleshow/21588451.cms


Read More...