Wednesday, September 20, 2017

Ticker Tape : Power

ADANI TO SET UP KUTCH THERMAL PLANT

 

Adani Power is planning to set up a 10,000-MW thermal power plant in Gujarat’s Kutch to export the bulk of the electricity produced to neighbouring Pakistan. The company which is the leading private sector thermal power producer in the country with a current capacity of 8,520 MW, is looking to increase electricity production by over 10,000 MW during this year, apart from the Kutch greenfield project. IT is reported initial investments will be to the tune of Rs 13,000 crore while a total of Rs 40,000 crore will be required for the entire plan. The project is likely to be implemented by Kutch Power Generation Company Limited (KPGCL), a subsidiary of the company. KPGCL will be responsible for generation, evacuation and transmission of electricity.

 

 


WELSPUN COMMISSIONS SOLAR PLANT

 

Welspun Renewables Energy Private Limited (WREPL) has commissioned one of Karnataka’s largest solar projects. Based in Chitradurga district the 19 MW (DC) solar capacity project was awarded as twin solar projects of 8 MW (DC) and 11 MW (DC). While the first was commissioned last year, four months in advance, the balance capacity has now been developed in less than three months and consequently 10 months ahead of schedule. The project is already touching high performance standard of 27 per cent. The project will be annually feeding 30,724 units of clean emission free energy into the state grid which is equivalent to powering 48,000 homes and mitigating 23,043 tonnes of CO2 emissions.

 

 

 

AAI TO TAP SOLAR POTENTIAL  

 

 In a bid to tap alternative sources of energy, Airports Authority of India (AAI) has decided to build solar power plants at about 30 of its airports across the country. It plans to install 50 MW capacity plants in the first phase, which would be enhanced to 150 MW over a period of time. An MoU for construction of these plants has been signed between the state-run airports body and the Solar Energy Corporation of India (SECI).

 

 


BHEL COMMISSIONS 520MW PARBATI HYDRO

 

BHEL has commissioned all the four units of the 520 MW Parbati hydro electricity project in Himachal Pradesh. The scope of work in the project located near Bihali in Himachal Pradesh included supply and installation of turbines, control and monitoring system, associated station auxiliaries, Gas Insulated Switchgear and electrical and mechanical Balance of Plant (BoP). The state-owned power equipment major is  currently executing three more hydro projects for the NHPC . These include the  3x110 MW Kishanganga in Jammu & Kashmir,
4x40 MW Teesta Low Dam in West Bengal and 4x200 MW Parbati II in Himachal Pradesh currently under various stages of execution.

 

 

 

BIHAR TO INSTALL PREPAID POWER METERS

 

In a first, prepaid electricity meters will be installed in Bihar over the next six months in a bid to reduce huge losses and increase revenue collection. The Bihar State Power Holding Company Limited (BSPHCL) has also decided to introduce hi-tech remote meter reading for all HT consumers. Also big industrial and commercial power consumers will soon have distribution
transformers coding.

 

 


NTPC TO ACQUIRE MORE COAL PROJECTS

 

India’s largest power company, National Thermal Power Corp (NTPC) is on the verge of acquiring Rs 30,000 crore worth of coal-based power projects soon. It has already received as many as 31 proposals in response to an expression of interest (EoI) it recently floated. Following that the company had launched the process of seeking board approvals to invest up to Rs 10,000 crore to take over about 7 key thermal projects put up by developers who include the likes of GMR, GVK, Sterlite, and Jaypee Power. Some of the projects that are being eyed are the Jaypee Group’s 500-MW Bina thermal project, the 1,320-MW Nigrie thermal project in MP and the
980-MW Bara project in UP.
 

 


SREI PLANS BUYOUT OF THERMAL PROJECT

 

Srei Infrastructure Finance Limited is planning a buyout of the 1,080MW Thermal Power Project at Chandwa in Latehar District of  Jharkhand which is owned by the Abhijeet Group. The sale is being made as lenders to the Abhijeet Group are seeking to recover or restructure their loans. The project, currently  valued at Rs 9000 crore, is likely to be taken over by Srei’s group company India Power Corp Limited.

 

 

 

NEW PROJECTS TO BOOST KARNATAKA POWER

 

Karnataka Power Transmission Corporation Ltd has outlined plans to take up 244 new works costing approximately Rs 5,100 crore this year to improve the power situation in the state. A sum of Rs 142.47 crore had been earmarked for the purpose, it is reported. In a bid to bolster the power situation in the state the Raichur Power Corporation and Karnataka Power Corporation have proposed to add
3,100 MW generation capacity over the next three years while NTPC is putting up a 4,000-MW power plant near Kudgi in Bijapur district.

 




Leave a Comment

Name  
Email Address
(will not be published)    
Website
Comment