Wednesday, November 22, 2017

Table of Contents for Ticker Tape





Ticker Tape Power

RLYS TO REDUCE ENERGY BILL

The Indian Railways are working on a project intended to replace the usage of diesel and thermal electricity with renewable energy – wind and power. The decision is intended to dramatically subtract from the `35,000 crore energy bill used to drive the railways in the last financial year. Towards this end the government has formed a joint venture with Rail India Technical and Economic Services (RITES) called the Railway Energy Management Company (REMC). The Rail Ministry is looking to install about 158MW of wind energy generation plants across India.

 

 

ABB SOLUTIONS FOR SIKKIM HYDRO

Power solutions major ABB is to provide an electrical balance of plant IEBoP)solution for a hydro electric project in Sikkim being done by Sneha Kinetic Power Projects Pvt. Ltd. (SKPPPL), a special purpose vehicle formed by Greenko Energies Pvt. Ltd.. The company will support the design, engineering and electrical systems for the underground 96MW Dikchu hydroelectric power plant leading to the power plant being connected to the national grid. The scope of work also includes supply of a variety of electrical products such as 132 KV GIS, MV & LV switchgear, transformers, cabling, firefighting, protection, HVAC, Earthing, Busduct, DC system, illumination and alarm systems.

 

 

RANCHI-SIPAT TRANSMISSION INAUGURATED

The 765 kv Ranchi-Dharmjaygarh-Sipat Transmission Line (Powergrid) connecting the Eastern and Western parts of the country and the Jasidih Oil Terminal has been dedicated to the nation by the Prime Minister. He has also announced commencement of work on the 3×660 MW North Karanpura Super Thermal Power Project (NTPC).

 

 

250 MW SOLAR AT PURULIA

Authorities in West Bengal are planning to set up a 250-MW solar project at Purulia. The largest solar project in the country will be linked to the 900-MW Purulia pump storage project at a cost of `1400 crore. The project is expected to achieve financial closure this fiscal. It is reported about 40 per cent of the financial requirements will be sourced from the clean energy fund of the Union Government and the remainder from multilateral sources.

 

 

 

ADANI POWER TO BUY LANCO PLANT

Lanco Infratech's 1,200 MW Udupi thermal plant is to be acquired by Adani Power. The Udupi plant is the first independent power project in the country based on 100 per cent import coal with a captive jetty of four million tons per annum and an external coal handling system in the new Mangalore Port Trust. The plant’s generation capacity can be further expanded to 1,320 MW as per a pact signed by Lanco Infratech with the Karnataka government. The capacity could be raised further to handle another four million ton capacity. It is reported the big ticket deal worth over `6,000 crore is inclusive of `4,000 crore debt component

 

 

 

WELSPUN TO INVEST RS 15K CR

Welspun Group has outlined plans to invest `15,000 crore in the renewables sector in order to take its total generation capacity to 1.75 GW. The company has two subsidiaries – Welspun Renewables Energy for solar and Welspun Energy for wind – in the energy space.  Most of the investment will be in solar space with the company focused on Andhra Pradesh, Maharashtra, Punjab and Rajasthan. It has a commissioned capacity of 328 MW mostly in the solar space and close to 725 MW under development. In the wind sector the company is planning to have 120 MW by the end of this fiscal. It is reported Welspun has already invested more than `3000 crore in the power sector so far. 

 

 

 

TATA POWER TO DOUBLE GEN CAPACITY

Tata Power has earmarked plans to double its generation capacity to 18,000 MW from all sources of energy by 2022. The electricity producer generates power to the extent of 8613MW from different fuel sources which includes thermal, hydroelectric power, wind and solar photo-voltaic. The company reportedly generated 11,866 million units from its thermal stations during the quarter ended June 30, 2014 with the key contributions to generation coming from two projects – Coastal Gujarat Power Ltd (CGPL) and Maithon Power Ltd (MPL). 

 

 

 

MEGA SOLAR PROJECT FOR PUNAB

The Centre plans to develop a 2,000MW solar power plant in Punjab in order to boost the state’s power generation capacity following a request from the state government. Half of the 2,000MW solar power generated will be acquired by the state-run power generator, National Thermal Power (NTPC). A detailed proposal will be issued by the Punjab government on its plan to install 100MW solar panels on rooftops of government buildings.

 

 

 

RELIANCE MOU FOR JPVL HYDRO

An RPower subsidiary, Reliance CleanGen has signed an agreement with Jaiprakash Power Ventures (JPVL) for the acquisition of 3 fully operational power plants with an aggregate capacity of 1,800 megawatt (MW).  Each of the plants has an asset life of over 50 years and employs run-of-the-river technology to convert natural water flow to electricity, eliminating the need for a large reservoir and constitutes an asset base in excess of `10000 crore. The assets include the 300MW Baspa State II plant and the 1091MW Karcham Wangtoo in Kinnaur and the 400 MW  Vishnuprayag plant at Chamoli. 




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