Indian Power Sphere: 12/02/13

December 2, 2013

Nepal imports additional 300 MW power from India...

Nepal has begun buying an additional 30 MW of power from India in a bid to ease the chronic power shortage in the country during winter, officials said Monday. Nepal faces up to 16 hours of load-shedding during the season. "Since Sunday, we have added an additional 30 MW power from India, purchased from the Power Trading...

NTPC will add 14,000 MW to its total capacity by 2016-17...

The National Thermal Power Corporation (NTPC) will add another 14,000 megawatts (MW) to its total capacity by the end of 2016-17. The installed capacity of NTPC at present is 42,500 MW which includes the capacity addition of 10,000 MW in the last three years, Chairman and Managing Director Dr.Arup Roychowdhury said today during...

Alstom bags Rs 79 cr order from PowerGrid for substations in Uttar Pradesh...

Alstom T&D India today said it has bagged Rs 79-crore contract from state-run Power Grid Corporation for supplying equipment at substations in Uttar Pradesh. “Alstom T&D India has won an order worth Rs 79 crore (9 million euro) from Power Grid Corporation to provide reactors for substations at Kanpur and Jhatikara in Uttar...

SECI clarifies the comments on the NSM Phase II Batch I; revised documents released...

Solar Energy Corporation of India has released the clarifications and amendments to the RfP documents for the National Solar Mission Phase II Batch 1 projects and released the revised documents. SECI in the month of Nov-13 has released draft RfP documents and conducted a pre-bid meeting on 19th Nov to discuss and clarify...

Chorus for hike in ROE in power sector increases...

Chorus for increase in the return on equity (ROE) in the power sector is rising especially in the wake of commencement of tariff block for 2014-19 from April 1. The Central Electricity Regulatory Commission (CERC) during tariff block of 2009-14 had fixed the ROE of 15.50% plus 0.5% for timely competition. The issue came...

NTPC tax-free bond issue of Rs.1750 crore opens Tuesday...

State-run National Thermal Power Corp. (NTPC) said its bond issue to raise up to Rs.1,750 crore will open Tuesday. "The issue will open on December 3, 2013, and is scheduled to close on December 16, 2013," NTPC chairman Arup Roy Choudhury told media persons here. This is the biggest national power producer's first bond...

Coal India achieves 93% of target production in Nov'13...

Coal India (CIL), an Indian state-controlled coal mining company, has achieved 39.20 million tones of coal production for November 2013, which was 93% of target production of 41.93 million tones. CIL achieved actual offtake of 38.76 million tones for November 2013, which was 93% of target production of 41.65 million tones...

Swan Energy gains after securing a contract in Gujarat...

Swan Energy rose 1.9% to Rs 110 at 12:27 IST on BSE after the company said it has been selected by the Gujarat Maritime Board as the developer for a greenfield project in Gujarat. The announcement was made after market hours on Friday, 29 November 2013. Meanwhile, the S&P BSE Sensex was up 102.22 points or 0.49% at 20,894.15....

NTPC commissions Unit 1 of Barh Super Thermal Project; reaches 42,454 MW installed capacity...

NTPC Ltd has announced that the Unit-I of 660 MW of Barh Super Thermal Power Project Stage-Il has been commissioned on November 30, 2013 at 20:15 hrs. With this, the total installed capacity of NTPC group has become 42454 MW. Source ...

Update on KSK's 3600 MW Mahanadi Thermal Power Project...

A brief update of KSK's 6 X 660 MW KSK Mahanadi Thermal Power Project which is the largest power generation initiative of the KSK Group has been submitted by the company to NSE. A brief update on the project on-site progress is as provided below: First 600 MW Unit...

PMO to meet Coal Ministry this week on Coal India disinvestment...

The Prime Minister's Office has called a meeting this week with the Coal Ministry to discuss issues pertaining to disinvestment in Coal India Ltd, ahead of the proposed 3-day strike by CIL union against the government's stake-sale plan. "The Prime Minister's Office has called a meeting this week to discuss CIL disinvestment," said...

Tamil Nadu Industries seeks all the power from Kundankulam Nuclear Power Plant...

Industries in the Coimbatore region have demanded the full utilisation of power generated from the Koodankulam Nuclear Power Plant until the power crisis ended for the state, besides emphasising equal distribution of power supply across the state. “As the whole state has been suffering without power, it should first...

Temples gear up to tap solar power in Tamil Nadu...

A good number of ancient temples across Tamil Nadu will use green power for illumination to bring down power bills and harness this benign power in consonance with the state government's solar energy policy. The process of installing 10 kw and 20 kw plants, as per the requirement of the temples, has commenced and the...

BSNL to open bids for solar-powered 2G mobile towers...

State-owned telecom firm BSNL is likely to open within 10-12 days the financial bids for the tender to set up mobile towers in some states. BSNL had floated the tender in August for supply, installation, testing, operation and maintenance for five years of 1,315 sites of 2G GSM network in left wing extremist (LWE) areas of Bihar,...

Non-conventional energy finds no favor with discoms in Madhya Pradesh...

Reeling under financial burden, the power distribution companies (discoms) in Madhya Pradesh are not keen on buying power generated through non-conventional means in view of the high power tariff. None of the three discoms in the state are keen on entering into power purchase agreement (PPA) with alternate energy producers. This,...

Achieving 20K MW solar power capacity by 2022 won't be easy...

Poor financial health of power distribution companies and funding issues pose challenges to India's plan of having 20,000 MW solar energy capacity by 2022, according to a senior government official. The ambitious Jawaharlal Nehru National Solar Mission, launched in 2010, has set a target 20,000 MW installed solar power capacity...

Government asks Coal India to meet production target for FY14: report...

Coal Minister Sriprakash Jaiswal has asked state-owned Coal India Ltd (CIL) to ensure that it meets production target for the current fiscal year (FY14), according to a a ministry official. "The Coal Minister has asked CIL to make sure that it meets its production and offtake targets for the current fiscal," the official from...

Tata Power plans to raise up to Rs 5,000 crore in next 3 years...

The country's largest private power producer Tata Power is exploring various options to raise around Rs 5,000 crore in the next three years. Tata Power, which has an installed generation capacity of over 8,500 MW, has also embarked on ambitious expansion plans, including setting up projects in Vietnam and Georgia. For raising...

Large Power Generating companies breathe easy as government plans loan recast...

A big relief is on the cards for power companies such as Tata Power, Adani Power, Reliance Power and Essar Power whose plants are in trouble, and their lenders who are worried about loans worth Rs 2 lakh crore to the sector. The government is working out a plan to restructure the loans, extend repayment deadlines by three years...

Power Ministry for safeguards in captive coal banking...

The power ministry has told the Planning Commission that the proposed system of coal banking should not lead to profiteering among the coal block holders. The ministry has also called for the setting up of an empowered committee to decide on the transfer prices of surplus coal from one project to another. The Commission is actively...

Valecha Engineering Limited bags Project in Himachal Pradesh in the Hydro Power Tunnelling Segment...

Valecha Engineering Limited has recently bagged a project from NHPC Ltd worth Rs. 176.29 crores for construction of balance civil works of head race tunnel by DBM, Associated Works and HM Works (Lot PB2B) of Parbati HE Project Stage II in Himachal Pradesh. With this project, the tunnelling segment constitutes 10% of the...

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