Indian Power Sphere: 12/23/13

December 23, 2013

India offers all assistance in Renewable Energy to Nepal...

India has offered all possible assistance to Nepal in developing its renewable energy resources. This offer was made by Dr. Farooq Abdullah, Minister for New and Renewable Energy when he called on the President of Nepal, Dr. Ram Baran Yadav at Kathmandu. Dr Abdullah was on a day-long visit to the Nepali capital. During the meeting,...

TERI speaks about the need of long-term policies in the renewable energy sector...

Shirish Garud, Senior Fellow, Energy Environment Technology Applications, TERI, speaks about the work his organization is doing in the renewable energy space and what currently ails India's power sector Q: TERI has been working in the renewable energy and solar thermal power plants sector for a while now. Tell us a bit about...

EuroPacific Growth Fund raises Power Grid stake to over 5%...

EuroPacific Growth Fund, one of the largest shareholders in Power Grid, has hiked its stake in the state-run utility to 5.4 per cent after acquiring additional shares through the open market. The Foreign Institutional Investor has increased its shareholding in Power Grid to 5.419 per cent from 4.681 per cent, according to a regulatory...

All initial RFQs qualify to submit price bids for TN and Odisha UMPPs...

All the companies that submitted initial bids (request for qualification or RFQ) for 4,000 mw each ultra mega power project (UMPP) at Bhedabahal in Odisha and Cheyyur in Tamil Nadu have been asked to give price bids (Request For Proposal or RFP). The price quotes for these two projects have to be submitted within 45 days. Power...

Year end review of Indian Power Sector for the year 2013 by Power Ministry...

Power Ministry has done an year end analysis of the progress made by the Indian Power Sector during the year 2013. The same has been depicted below: Major Achievements: Power generation capacity addition exceeds target in 2012-13 Highest ever power generation capacity added in a year RGGVY...

Gayatri Projects to reduce stake in NCC Power Projects...

Gayatri Projects (GPL), an infrastructure company, proposed dilution of company's stake in NCC Power Projects to below 45%. Gayatri's wholly owned subsidiary Gayatri Energy Ventures is a major partner in NCC Power Projects, which is building a 1,320 MW Coal fired plant in Nellore district in Andhra Pradesh. At present preliminary...

Tata Power gets approval to postpone solar target until 2016...

Tata Power Co. Ltd won approval from an Indian state electricity regulator to postpone fulfilment of annual solar-power procurement targets by as many as five years to 2016. The utility unit of India’s biggest industrial group has been unable since 2010 to source enough solar power to meet government renewable mandates because...

HCC bags order worth Rs 15.97 bn from THDC India for Hydro Power Project...

Hindustan Construction Company bagged contract worth Rs 15.97 billion from THDC India to construct Vishnugad Pipalkoti Hydro Electric power project in Chamoli district of Uttrakhand. This is an EPC contract (engineering, procurement and construction) for civil works, hydro-mechanical works including penstock steel liner of the...

Arunachal Government imposes load restrictions on power supply...

In view of the onset of the lean hydro season and subsequent reduction in the state's power allocation, the Arunachal Pradesh government has imposed a load restriction on power supply as per allocation with immediate effect. "As power availability and demand vary from time to time, the notice revision by various generating stations,...

Update from SECI: JNNSM Phase II Batch I- Extension of Last date of Submission of Bids...

In view of various requests/representations received by SECI/MNRE on the above mentioned subject, it is hereby notified that the last date of submission of bids in response to the RfS No. SECI/JNNSM/SPV/P-2/B-1/RfS/102013 dated 28th October, 2013, has been extended from 28th December, 2013 to 20th January,...

Government to auction four Odisha coal blocks...

The government has decided to auction four coal blocks in the Talcher region of Odisha, having a total reserve of 2.33 billion tonne, or about five times that of Coal India’s output last year, to power utilities. The auction would be done as per the ‘Auction by Competitive Bidding of Coal Mines Rules 2012’. Accordingly, companies...

Government working on policy to fast-track clearances for the power projects...

The power and environment ministries are working together on a policy to fast-track project clearances by which clearances would be considered as deemed in case central and state governments failed to clear them within a specific deadline. "The power and environment ministries are working together for a policy to allow clearances...

Reforms, rate hikes to drive power sector...

Power is a vital input for industrialisation and economic growth. For emerging markets like India with high growth potential, quality power in adequate quantity is crucial for achieving their economic and social targets. With an installed capacity of 230 GW, India’s power sector is the fifth largest in the world. But our per capita...

Government moves RBI to bail out lenders of Dabhol Gas based power plant...

Coming to the rescue of the lenders of Ratnagiri Gas and Power Projects Ltd (RGPPL), including SBI and ICICI Bank, and PSU promoters NTPC Ltd and GAIL India Ltd, which have huge exposure in the beleaguered Dabhol project, the finance ministry has asked the Reserve Bank of India (RBI) for a one-time relaxation to save the company...

NTPC seeks land for ash pond, rail corridor for 1600 MW super thermal plant at Gajamara in Odisha...

NTPC Ltd, the country's biggest thermal power producer, has sought 745.15 acres of land for ash dyke, reservoir area, ash pipe line corridor and railway line corridor for its 1600 Mw super thermal power project coming up at Gajamara in Dhenkanal district. The power generating utility wants 437.12 acres for ash dyke and 11o.61 acres...

MERC against competitive bidding in wind power purchase by state Discoms...

Even as MSEDCL is facing allegations of irregularities in power purchase, Maharashtra Electricity Regulatory Commission (MERC) has turned down a plea in which MSEDCL was seeking transparency. MSEDCL wanted to purchase wind power through competitive bidding, but the Commission wants MSEDCL to buy it at rates fixed by it. MSEDCL...

ReNew Power scouts for fresh investors to boost renewable energy installations...

ReNew Power Ventures, an independent renewable energy power producer in the country, is scouting for fresh investors, its founder said."We are looking for high quality investors who have a good understanding of the renewable energy sector," Sumant Sinha, founder chairman and CEO at Re-New Power. Currently US investment bank Goldman...

West Bengal Tech Committee approves WBGEDCL's proposal for solar park development in Boudh District...

The State Technical Committee (STC) has approved the proposal of the West Bengal Green Energy Development Corporation Limited (WBGEDCL) for establishment of a solar power park at Manamunda Industrial Estate in Boudh district. The first meeting of the STC held recently discussed the technical details of the project which proposed...

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