UJVNL to have JV with Jharkhand SEB for a 2,000 MW Thermal Power Plant…

Recently, Uttarakhand Jal Vidyut Nigam Ltd (UJVNL) has approached Jharkhand State Electricity Board to explore the possibility of forming a Joint Venture (JV) for a 2,000 MW Thermal Power Plant in Jharkhand.

 

A series of closures of big hydro projects has prompted Uttarakhand to now explore the possibility of setting up a thermal plant outside the hill state.

 

The approximate  investment for the project is around Rs. 12,000 crore.

 

For the  of purpose of exploring the possibility of JV with Jharkhand SEB, UJVNL’s managing director G P Patel visited to Ranchi for talks with top officials of Jharkhand SEB.

 

Uttarakhand chief secretary Alok Kumar Jain also wrote a letter to the union coal ministry, requesting for allocation of coal blocks.

 

With the hydropower sector taking a beating owing to closure of a series of big hydro projects, the UJVN, having an installed capacity of 1,306.25 Mw, has already entered into a joint venture with GAIL to set up two gas-power plants at Kashipur and Haridwar.

 

Also, an investment of Rs 2,500 crore is proposed in the two plants with a capacity of 350 Mw each.

 

The state run power generation company is also looking for a capacity addition target of 582 Mw (2 large and 18 small hydro projects) by the end of 12th Plan, aggregating the installed capacity of the company to 2,608 Mw.

 

 

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More Literature on this topic:

• http://www.business-standard.com/india/news/power-project-uttarakhand-for-jvjharkhand/474883/
• http://powerbase.in/uttarakhand-develop-jv-based-hydel-projects/

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JV of BHEL, NPCIL and Alstom to be approved by Union Cabinet...

The joint venture of Bharat Heavy Electricals Ltd (BHEL) with Nuclear Power Corporation of India Ltd (NPCIL) and Alstom (France based company) is likely to be approved by the Union cabinet soon.

According to Spark Network each of these three companies well hold 33% equity stake. BHEL, the power equipment maker, already has a tie-up with Alstom for its boiler business.

Spark Network believes that the JV would not require much capital investment and it would function as a front-end company, responsible for marketing and engineering. BHEL would do manufacturing, with the French partner supplying some parts. The company would place orders on BHEL, which would use its Bhopal and Hardwar facilities to enhance its equipment capacity for the nuclear sector.

BHEL’s boiler capacity at Tiruchirapalli would also be used for catering to the nuclear sector. The power sector constitutes 76-77 per cent of BHEL’s total business, of which coal comprises 83 per cent, gas another three to four per cent and hydro, two per cent.

Initially, the JV would supply turbines to eight units of 700 Mw each being developed by NPCIL. The value of supplies is likely to be Rs 6,000 crore.

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