Indian Power Sphere: 01/06/14

January 6, 2014

NHPC to set up 82 MW wind farm in Kerala...

As part of its diversification programme, the National Hydropower Corporation Ltd (NHPC) Monday inked a deal with the Kerala government to set up an 82 MW wind farm in the state’s Palakkad district. “We have identified 500 acres of land in Palakkad district for which the survey also has been completed. They (NHPC) have said that...

Khaitan Sud & Partners advises on 1980 MW Thermal Power Project...

L&T Infrastructure Finance Company Limited (“L&T Infra Finance”) has funded Bajaj Energy Private Limited (“BEPL”), one of the group companies of the Shishir Bajaj Group engaged in the power sector. L&T Infra Finance has agreed to extend a term loan facility of Rs. 100 crores to BEPL for the purposes of downstream capital...

Power Minister on Rs 95K cr of SEB loans restructured...

About Rs 95,000 crore worth of bonds have been issued towards debt restructuring of struggling power distribution companies, Power Minister Jyotiraditya Scindia said. The minister, speaking with CNBC-TV18 on a host of issues relating to the power sector, discussed the recently-concluded financial restructuring package...

BHEL completes power transmission sub-station at Raichur...

State-run BHEL has completed building a transmission sub-station in Karnataka, a link that connects the southern and national electricity grids. "BHEL has completed the construction of a sub-station at Raichur in Karnataka, the southern end of the Raichur-Solapur transmission link of PowerGrid," the company said in a statement...

Power prices touched Rs 3.22 per unit on IEX in December...

The average price of electricity sold on the Indian Energy Exchange rose to Rs 3.22 per unit in December even as volumes remained mostly flat in the same month. The day-ahead market saw trading of 2,409 million units of electricity last month almost similar to that witnessed in November 2013, according to IEX. In December, the...

NTPC in Andhra Pradesh lags behind in power generation...

The shortage of coal supply from the Singareni Collieries Company Limited (SCCL) following the incessant rains during the monsoon season and the frequent tripping of power stations had forced the National Thermal Power Corporation (NTPC), Ramagundam, lag behind in power generation during this financial year of 2013-14. Against...

Bhutan seeks to be India's hydel plant...

Giant cranes scoop out mud from deep inside the mountains. Frenetic construction activity is on as a state-run company in this tiny landlocked Himalayan country races to complete one of the crucial hydropower plants. Workers at the site of the Dagachu hydropower plant are busy giving final touches to the project which is expected...

Debt trips discoms in Rajasthan...

Around two decades back, reforms in the power sector were initiated in the country at the instance of World Bank. But in Rajasthan, the reforms have failed to realise their objectives and it is high time to find a sustainable alternative. That the reforms have failed was further evidenced by the central government's decision to...

Toshiba to close acquisition of T&D Business from Vijai Electricals Ltd....

Toshiba Corporation has completed the acquisition of Vijai Electricals Ltd.'s power transmission and distribution businesses. The acquired assets include power transformer, distribution transformers and switchgear businesses. A new Toshiba subsidiary, Toshiba Transmission and Distribution Systems (India) Pvt. Ltd. ("TTDI"), will...

50-MW Gas based power plant to come up by ONGC in Cachar of Assam...

A gas-based power plant with a capacity of 50 MW is being set up at Sidubi locality in Assam's Cachar district. An official of the Central Assam Power Distribution Company said the company has come to an understanding with the Oil and natural Gas Corporation Ltd (ONGC) for supply of the gas necessary for the project. He said the...

Cloud powered rooftop solar PV power estimation tool from TERI...

The Energy and Resources Institute (TERI) has announced that it is presently developing cloud computing based open-source Web-GIS Tool for estimating Rooftop Solar PV power generation potential particularly for Chandigarh area. There is significant scope for installing solar rooftop photovoltaic (PV) systems in many Indian cities....

India expected to sign an initial deal to export around 500 MW per day of power to Pakistan this month...

India is expected to sign an initial deal to export around 500 mega watts (MW) per day of power to Pakistan this month when the trade ministers of the two south Asian neighbours meet. Sources said the initial wheeling of power would be around 500MW but could be increased. There are indications that Pakistan will increase the import...

Banks, cash-rich PSUs keen to buy Government stake in BHEL...

Public sector banks and cash-rich Government-owned companies are keen to pick up a stake in Bharat Heavy Electricals Ltd (BHEL). This will help the Government in its disinvestment programme. The Finance Ministry has written to the Heavy Industries Ministry seeking its views on selling BHEL’s shares to other Central Public Sector...

With national grid, South to have access to 1,500MW additional power...

Providing succour for the power starved South, the region is expected to have access to additional electricity flow of about 1,500 MW once the all India national power grid becomes fully operational. In a major step, the Southern power grid was synchronised with the rest of the national grid on December 31, 2013, and it is expected...

Adani Power fully commissions 1,320-MW Kawai project in Rajasthan...

Adani Power has fully commissioned the 1,320 MW coal-fired power project in Rajasthan taking its overall electricity generation capacity to 7,920 MW. Adani Power, part of diversified Adani Group, aims to increase its total generation capacity to 9,240 MW by end of this fiscal. The Kawai project has two super critical units, each...

CERC hearing on draft power tariff rules for 2014-19 on Jan 15...

Electricity regulator CERC will hold a public hearing on the draft tariff regulations it has prepared for central government-owned power generation utilities on January 15. The draft regulations, released by the Central Electricity Regulatory Commission last month, had stated that generation incentives should be linked to actual...

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