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Showing posts with label CLP. Show all posts
Showing posts with label CLP. Show all posts

December 23, 2013

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

 

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 developers generating electricity at the cheapest rate would emerge the winner. The project is likely to be awarded by the end of the current fiscal.

For the Rs 25,000 crore Odisha power project, nine companies – NTPC, Tata Power, NHPC, Adani Power, JSW Energy, Jindal Power, Sterlite Infraventures, CLP India and Larsen & Toubro – have submitted bids.

Excepting Tata Power, all these companies also put their bids for Rs 24,200 crore imported coal based UMPP in Tamil Nadu.

The initial bids were evaluated by an Apex Evaluation Committee headed by V K Shunglu, former Comptroller and Auditor General (CAG).

While the Odisha project will be based on domestic coal, the Tamil Nadu project would be fired from imported fuel.

According to Minister of State (Independent Charge) for Power Jyotiraditya M Scindia, the Government is offering investment-friendly parameters for these projects and claims to have cleared the major regulatory hurdles required for the setting up of mega power projects.

In August, the revised standard bidding documents were given the go-ahead by an Empowered Group of Ministers.

At present, India has awarded four ultra mega power projects — one to Tata Power and three to Reliance Power. So far, only Tata Power’s project at Mundra in Gujarat is fully operational.

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December 17, 2013

Gamesa wins order to set up 50MW wind farm for Green Infra...

 

Gamesa wins order to set up 50MW wind farm for Green Infra...

Gamesa Wind Turbines has won an order to supply wind turbines and set up a 50MW wind power project for Green Infra, an independent power producer backed by IDFC Private Equity.

Under this contract, Gamesa would set up 25 units of 2MW turbines at Kosegaon, Maharashtra. The project is scheduled to be complete in two phases. Gamesa would develop the site.

It would supply, commission, operate and maintain the turbines for a period of 10 years, a statement from the company said.

"We are happy that Green Infra has joined the customer base of Gamesa India. This business deal comes at a time when the wind industry is poised to bounce back in the light of the government announcing restoration of generation based incentive scheme (GBI)" to the wind industry, Ramesh Kymal, chairman and managing director, Gamesa India, said.

Gamesa recently won orders to set up a 46MW wind power project for ITC Paperboards and Specialty Papers Division and two projects for Greenko and CLP India, totalling 230MW with an option to further supply 200MW to Greenko, and all are set to be commissioned in the first quarter of 2014.

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September 30, 2013

CLP India adopted an innovative pooled financing structure for the wind projects...

 

Pooled Financing Structure CLP India

CLP India has signed a new Pooled Financing Structure for its wind assets with the syndicate of three banks, Standard Chartered Bank, IDBI Bank & IDFC to mitigate risks and ensure security to lenders.

As per the company, the pooled financing will help secure CLP India's current and future assets and mitigate the inherent risk arising out of the unpredictable nature of wind projects' output.

This new, innovative approach to financing the wind projects will strengthen the competitiveness and business performance in the Indian market and will aid the growth the company has planned for the future,

The company was so far following the project financing structure of financing where the cash flow is restricted to a specific project only.

As said by the company, Wind projects will be moved to the pool as and when they get commissioned. The standardization of documentation as a result of this approach, will lead to quicker financial closures that will enhance overall efficiency and effectiveness of the financing process.

CLP India expects to add 250 MW - 300 MW of wind projects every year. CLP India, a wholly owned subsidiary of Hong Kong-listed CLP Group owns 3,000 MW power projects in the country.

 


More literature on this...

http://economictimes.indiatimes.com/news/news-by-industry/energy/power/clp-india-signs-new-pooled-financing-structure-with-banks-for-wind-farms/articleshow/23312321.cms


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April 27, 2012

Rail wagons availability improved coal supply for thermal projects…

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The coal shortage at a number of thermal plants in the country is likely to continue as Coal India Ltd. (CIL) envisaged growth is linked to increased availability of railway wagons.

The average growth in coal movement through rail has been only around 3% during the last 3 years whereas CIL has envisaged a growth of around 12.6% through rail to meet the target in current financial year. The daily rake requirement to meet the target will be 193 rakes against last year’s supply of 168 rakes.


As per Central Electricity Authority report the generation loss reported so far due to coal supply shortages during April’11-March’12 has also increased to 8.82 billion units from 7.0 billion units in the corresponding period last year. During the financial year 2011-12, capacity addition of 20501 MW was achieved out of which 19079 MW capacity addition by Coal/Lignite based plants. Many of the newly commissioned units, although were able to generate more, could not do so on account of various problems which include Coal shortages

The signing of coal supply agreements with various power producers whose units have been commissioned may not yield desired results.

Even CIL has reportedly refused to supply to power plants commissioned since December 2011. This includes a 300-Mw unit of Reliance Power’s Rosa power plant in UP and a 660-Mw plant of China Light & Power (CLP) at Jhajjar, Haryana.

CIL has already signed at least 10 of the 50-odd FSAs envisaged with power companies for plants commissioned between March 2009 and December 2011.Further the coal production increase has to match with the capacity addition. The import of coal with higher gross calorific value can be blended up with Indian coal to 15 % only . The increased coal racks movement in the country is very vital for proper coal stocks at thermal plants.

Even today there are 18 thermal plants in the country where is the coal stock is less than 4 days and comes under super critical category. There are at least two thermal plants namely Koderama and Durgapur steel where the coal supply to these plants is yet to be started.

Anapara C, Chhabra and Bokaro thermal plants have nil coal stock due to inadequate coal allocation. Jhajjar thermal plant has two days coal stock because of inadequate coal allocation. CIL’s targets have been fixed at 468.74 Million Tons (MT) and 474.70 MT respectively for production and coal off-take.

 

 

 

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Power India – A popular blog on Indian Power Sector

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CIL refuses to supply power plants commissioned after December 2011…

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Power India found that in a twist to the unending drama over coal supply, Coal India Ltd (CIL) has refused to supply to power plants commissioned since December 2011. The move is set to stall investment worth Rs 40,000 crore in new power capacity of 8,156 Mw. This includes a 300-Mw unit of Reliance Power’s Rosa power plant in UP and a 660-Mw plant of China Light & Power (CLP) at Jhajjar, Haryana.

 

The source of the current controversy is an April 19 circular issued by CIL’s subsidiary, Central Coalfields, for May. The circular stated the rake movement plan would be accepted only from plants that had signed fuel supply agreements (FSAs). This could bring power companies under pressure, as these are unwilling to sign FSAs in their current form, with a low-penalty level. Power companies give a rake movement plan to CIL, the coal ministry and the rail ministry a month before tying up necessary evacuation facilities for coal transport to plants

 

The circular has left power companies jittery, as these were hopeful of receiving coal under the existing memorandum of understanding (MoU) route until FSAs were signed. CIL’s fresh missive is despite Prime Minister Manmohan Singh’s diktat in February, followed by the President’s order in April, asking the company to meet at least 80 per cent of the coal supply to 50,000-Mw capacity plants to be commissioned up to 2015, including 26,000 Mw commissioned by December 2011.

 

“CIL’s insistence on accepting the rake movement plan only from plants with FSAs has stalled 8,156-Mw capacity projects. This is an operational issue, but shows Coal India’s attitude towards meeting the supply obligation. This has happened despite the power ministry’s assurance to us that supply would continue under the MoU route,” Ashok Khurana, director-general of the Association of Power Producers (APP).APP is an industry representative body of 22 major companies in the sector.

 

A Reliance Power spokesperson declined to comment on the matter.

 

Coal India would sign FSAs for 900 Mw of the total 1,200 Mw capacity of Reliance Power’s Rosa plant. The current controversy covers only a 300-Mw unit of the plant, commissioned after December 2011. CLP could not be contacted for comments.

 

Until March 2009, CIL supplied coal to power plants under FSAs with 90 per cent supply commitment. Since then, however, the world’s largest coal producer has been insisting on supplying coal under the MoU route, with only 50 per cent commitment and no legal obligation, as delayed clearances for new mines took a toll on production. When CIL decided to sign FSAs for projects commissioned till December 2011, after a Presidential directive, companies were assured by the power ministry that FSAs for projects completed by March 2012 would also be signed in due course. Meanwhile, supply to these plants would continue through the MoU route.

 

However, “apprehending CIL’s ingenuity in springing surprises”, APP took up the matter with the power ministry, expressing fear over the possibility of CIL refusing to supply coal. The power ministry had then assured the power industry that status quo would be maintained until FSAs were signed. “This circular, if not withdrawn immediately, would ground the entire 8,156 Mw capacity commissioned after 31 December 2011, adding to the power deficit and consumer woes. As the summer intensifies, the position is likely to worsen and, therefore, the capacity created should be utilised to the maximum,” Khurana said in an April 25 letter to Power Secretary P Uma Shankar, Coal Secretary Alok Perti and Shatrughna Singh, joint secretary to the prime minister.

 

Meanwhile, CIL has already signed at least 10 of the 50-odd FSAs envisaged with power companies for plants commissioned between March 2009 and December 2011.

 

 

 

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Power India – A popular blog on Indian Power Sector

This work is licensed under a Creative Commons license.
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April 17, 2012

CLP India to develop 102.4 MW wind power project in Rajasthan…

imageWe found that, CLP India, a wholly owned subsidiary of the CLP Group (China Light and Power), has signed an agreement with Rajasthan Government for development of a 102.4 MW of Wind Power Project.

 

According to the reports, the proposed wind farm will use 800 kW gearless turbines from Enercon which are suitable for medium to low wind sites.

 

The project is proposed to be commissioned by end of December 2012.

 

With the commissioning of this project, the same will become CLP India’s third wind project in Rajasthan and ninth in India.

 

Further, we analysed that after commissioning of this project, CLP India’s wind power portfolio in India will reach to about 740 MW which is spread across Rajasthan, Gujarat, Maharashtra, Tamil Nadu and Karnataka.

 

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January 12, 2012

First unit (660 MW) of CLP’s Jhajjar Project commissioned…

image CLP India today said that the first 660-MW unit of its thermal power project at Jhajjar in Haryana has started generation. "The first 660 MW unit of CLP India's Mahatma Gandhi Thermal Power Project (MGTPP) in Jhajjar has been synchronised or is ready to produce electricity," an official statement said. Haryana would receive 90 per cent of the electricity produced from the power plant, which is expected to contribute towards minimising the shortage of power in the state. The foundation stone of this project was laid on January 10, 2009. "Being one of the first supercritical projects in India to be synchronised, this achievement marks a significant milestone not only for CLP India but also for the Indian power sector," Rajiv Mishra, Managing Director, CLP India said. The second of the two 660MW units is expected to be synchronised in the next 5-6 months. The total cost of this project will be approximately Rs 6,500 crore.

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November 21, 2011

China Light Power project likely to be operational by 2012…

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The 1320 MW (2X 660 MW) coal based super critical thermal power project of China Light and Power India at Jhajjar in Haryana is expected to be operational between January and March 2012.

According to sources, headquartered in Hong Kong, China Light and Power is one of the largest power companies in Asia Pacific with interest in over 50 generation, transmission and distribution assets in Hong Kong China, the Philippines, Australia and others.

According to Kolkata headquartered power sector EPC contractor Techno Electric & Engineering Company Ltd the commissioning of the transmission line from Jhajjar to consumption centres at Rohtak and Sonepat will be over in December. The transmission project is set up by KT Transco Pvt Ltd an SPV created by Techno (49%) and Kalpataru Power Transmission Ltd (51%).

The INR 450 crore transmission project generated an EPC business of INR 210 crore to Techno. This is above the INR 54 crore annuity income expected for operating the transmission line for 25 years against an equity contribution of INR 38 crore.

As per Mr PP Gupta MD of Techno, “We are expecting the construction of the first 660 MW unit of CLP to be over soon after the commissioning of the transmission line.”

The INR 700 crore EPC major has recently forayed into wind power generation and completed commissioning of 104 MW capacity in Tamil Nadu through its subsidiary Simran Wind Project.

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December 6, 2010

CLP plans big for India-coal, gas and wind projects...

image A massive power generation capacity planned by China Light and Power (CLP), the largest foreign power company in India. The capacity shall include thermal projects, wind projects and transmission projects. The investment planned is around Rs. 30,000 Crs; Rs 10,000 Crs have already been invested by the compnay in past eight years in gas, coal and wind projects.  

CLP  is one of the largest power companies in the Asia-Pacific region, with over 50 generation, transmission and distribution assets and retail businesses, with over 19,000 MW of capacity in Hong Kong China, Australia, Philippines and Laos.

CLP entered India in 2002 by acquiring a 655-Mw gas/naphtha based combined cycle plant, Gujarat Paguthan Energy Corporation (GPEC) at Bharuch from Power Plc of the UK. It is planning to expand the capacity by another 1,000 Mw, with gas as fuel.

CLP India has been pre-qualified for two ultra mega power projects (UMPP)s proposed at Orissa and Chattisgarh, revealed Mishra. CLP had not participated in the earlier allocation of UMPPs at Mundra (Gujarat), Sasan (MP), Krishnapatanam (AP)and Tilaiya (Jharkhand).

Spark Network also found that the company is setting up a 1,320 Mw (2x660 Mw) domestic coal-based power project at Jhajjar in Haryana. It plans to commission the first unit by next year and the project is to be fully commissioned by May 2012.

The company is also planning big investments in wind energy. CLP is planning to add an average of 300 Mw every year in the coming years to take its capacity in wind power generation to about 2,000 Mw

It is already the largest wind power generator in the country, with close to 500 Mw of projects. It has operational wind farms at Knadke in Maharashtra (50.4 Mw), Samana in Jamnagar (88.8), Sundatti at Belgaum in Karnataka (20.8 Mw) and Theni in Tamil Nadu (90 Mw). It is also setting up a 12-Mw wind farm in in Samana, 61.6 Mw at Belgaum, 113.6 Mw at Andhra Lake in Maharashtra and 39.6 Mw at Harapanahalli in Karnataka.

Most of these will be executed Enercon and Vestas and the company will sign more development deals with Suzlon, said the executive.

CLP plans to foray into transmission projects in a tie-up with Gammon India. The partners bid for two projects unsuccessfully and are in the final round of bidding for two mega transmission projects scheduled to be awarded this month and in January.

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