Power Sector thread

An ICICI Securities report dated 30 August 2010 says it expects merchant power rates to soften in the next four years. Key reasons — 67 gigawatts (GW) capacity addition,
Adani Power is a part of the Adani Group. It has 5.61GW of projects under construction and 990MW commissioned capacity — most, 4.6GW, is located in the Mundra SEZ (owned by the Adani group), Gujarat, and 2GW is in Tiroda, Maharashtra. Additionally, it has a development pipeline of 5.94GW at Kawai (Rajasthan), 1.32GW, Tiroda-II, 1.32GW,
Chhindwara (Madhya Pradesh), 1.32GW, Dahej (Gujarat), 1.98GW and Bhadreshwar (West Bengal), 3.3GW)

JSW was initially started as a captive power SBU (strategic business unit) to supply power to JSW Steel with only one 260MW plant at Vijayanagar in Karnataka. It then set up another 600MW plant at the same location. JSW now has 11.4GW of power generation capacity on its plate, stake in three mines, and has forayed into the power equipment industry and transmission projects.

Its two projects in Vijayanagar (260MW and 600MW) are operational and its Barmer 1 (1,080 MW) in Rajasthan has started but is facing teething problems. Other projects in the pipeline are Ratnagiri 1 (1,200MW) in Maharashtra, Barmer 2 (270MW), Kutehar (240MW) in Himachal Pradesh, Chhattisgarh (1,320MW), West Bengal (1,600MW), Ratnagiri 2 (3,200MW), and Jharkhand (1,620MW).

JSW Energy is acquiring South African Coal Mining Holdings, which controls the Umlabu and Ilanga mines, with total resources of 61 million tonnes, for $21 million. Ilanga is at its life end, but Umlabu produces ~1.2mntpa.

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Tata Power to invest Rs 70K cr in capacity expansion

Ratan Tata-led Tata Power plans to invest Rs 70,000-crore to increase capacity to 25,000 megawatts (Mw) by 2017, a top company official said.

"The company plans to spend Rs 70,000-crore to increase capacity to 25,000 Mw by 2017," Tata Power's Chairman Ratan Tata told shareholders at the company's annual general meeting here today.
Tata Power currently has 3,000 Mw of installed generation capacity.
The company's 4,000 Mw, Mundra Ultra Mega Power Project's implementation is progressing as per schedule with 53 per cent of overall project progress achieved. The first unit is expected to be commissioned by September 2011, Tata said.

The 1,050 Mw Maithon Power Project in Jharkhand is also progressing well and has achieved 82 per cent completion. The first unit is expected to be commissioned by end-2010, Tata said, adding that the project cost will increase by Rs 350-400-crore due to railway connectivity for coal supply.

The company has also made substantial progress in setting-up the 1,600 Mw Coastal Maharashtra Project. The project is expected to be commissioned within three-years of completion of the land acquisition, which is in progress, Tata said.

The company is in the process of obtaining environment clearance for the 1,320 Mw Naraj Marthapur project in Orissa. The plant is expected to be commissioned within three-years of completion of the land acquisition, Tata said.

http://www.business-standard.com/in...est-rs-70k-cr-in-capacity-expansion/108123/on

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980 MW Stage-II of National Capital Thermal Power Project, Dadri starts to function, will power Common Wealth Games 2010

NTPC has completed Stage-II of the ‘National Capital Thermal Power Project, Dadri’ well before the beginning of the Commonwealth Games 2010. The 980 MW (2×490 MW) Stage- II of the Project meant to meet the power requirements of the Commonwealth Games was completed in a record time of only 39 months.

Stage-I of the ‘National Capital Thermal Power Project, Dadri’ is already producing 840 MW (through 4 Units, each of 210 MW capacity). With 980 MW (through 2 Units, each of 490 MW capacity) Stage-II, the ‘National Capital Thermal Power Project, Dadri’ makes a total capacity of 2637 MW. The Gas Based Station is producing 817 MW.

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JSW Energy Ltd announced today that Unit I of 300MW of the 4x300MW power project at Jaigad, Ratnagiri district, Maharashtra, has been successfully commissioned and has achieved commercial operation date (COD) from September 01, 2010.

Power utility JSW Energy's four Maharashtra power units and six Rajasthan ones are expected to be operational by March 2011. To augment raw material supplies, the firm, which had acquired a majority stake in South African Coal Mining Holding in April, is on the lookout for more coal mines.

Overall JSW Energy will require 6 million tonnes of coal per annum when all the projects start functioning.

Before the commencement of this project, JSW Energy had 995 Mw of operational capacity and 2,145 Mw is under construction. By 2015, it aims to generate 11,390 Mw.

The company sells 60 per cent of output as merchant power and the rest as long-term contracts.

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Hydro reservoirs record unprecedented storage

India is set to witness a historic rise in power generation this year, with the current heavy rainfall continuing its upward trajectory and feeding the country’s dry hydro reservoirs.

The latest data obtained from the Central Water Commission (CWC) show that water storage position in the country’s 81 hydro reservoirs has gone up to a record high of 91 billion cubic meters (bcm), around 60 per cent of the total capacity of 151 bcm. This mammoth water storage recorded in the week ended September 1, exceeded last ten years’ average of 58 per cent.

The storage level was 45 per cent of the total capacity at the same time last year.
This has led to a consequent rise in hydro power generation as well, improving the prospects for power availability and easing the perennially high power deficit in the country. Hydro power plants account for around 30 per cent of the overall 163,000 Mw of installed electricity-generation capacity in India.

The country’s hydro power plants have generated over 51.7 billion units (BUs) of power since the beginning of the current financial year. This is over 2.2 BUs higher than the last year’s hydro generation during the same period. Accordingly, daily generation of hydro power in the country has also increased by at least 26 per cent in the past month to 476 million units currently. Daily generation from NHPC Ltd, the country’s largest hydro power producer, alone has gone up by over 6 per cent, compared to last month, to 83 million units.

“Power availability has improved due to higher generation from hydro stations, which we were expecting, and this will further pick up. In the April-July period this year, hydro generation grew by 5.5 per cent, compared to the same period last year,” said Power Secretary P Uma Shankar.

Of the 81 reservoirs across the country, 52 have recorded storage levels higher than the last decade’s average storage. These dams, currently brimming with water, include Gobind Sagar and Pong in Himachal Pradesh, Thein in Punjab, Tehri in Uttarakhand and Nagarjuna Sagar and Srisalam in Andhra Pradesh. Data show that water storage has been particularly high in the North, West and Central India.

Last week, flood gates of two dams in Andhra Pradesh had to be opened to release excess water. Similarly, water level at the Ukai reservoir in Gujarat recently reached 333 feet, marginally below the danger mark of 345 ft, due to the release of an excess 40,000 cusecs of water from Hathnur dam in Maharashtra. A similar situation in 2006 had led to floods in the low-lying areas in the state, including Surat, where the dam is located.

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Lanco plans gas-based power plant in K'taka

Mahesh Kulkarni | 2010-09-13 10:10:00

Lanco Infratech Ltd, the Gurgaon-based infrastructure company, is setting up a combined 720 Mw combined cycle gas-based power plant for an investment of Rs 2,500 crore at Humnabad in Bidar district. This project is part of the company’s greenfield expansion in the power sector in Andhra Pradesh, Karnataka and Maharashtra.

"The high powered committee headed by chief minister of Karnataka B S Yeddyurappa has cleared our project. We have also signed a memorandum of understanding with the Karnataka government for this project along with another project in the solar photovoltaic space," Kishore Alva, vice president, corporate affairs, Udupi Power Corporation Ltd (UPCL), a subsidiary of Lanco Infratech told Business Standard.

He said the company has been allotted 50 acres at Humnabad for the gas project. The gas required for the project will be drawn from the Reliance gas pipeline. The project will have two units of 360 Mw each.

Lanco is already an investor in the thermal power sector in Karnataka. Its subsidiary, UPCL, is in the process of completing its 1,200 Mw thermal power project near Udupi in coastal Karnataka. While, the first unit of 600 Mw is completed, the second unit of 600 Mw is expected to be completed by the end of October this year. In addition to this, the company has also announced its second plant of 1,320 Mw at Udupi.

Alva said the company is also planning a foray into solar photovoltaic space with a 250 Mw project in three places for an investment of Rs 2,884 crore. The company has identified Gulbarga, Bellary and Raichur districts for locating its three solar PV projects. Lanco Infratech has signed a MoU with the state government recently for implementing these projects.

Once these projects are implemented Lanco’s total capacity would go up to 3,490 Mw. Lanco is also gearing up for medium to large scale initiatives in the hydro sector in the regions of Nepal and Arunachal Pradesh.

Meanwhile, the Udupi Power Corporation Limited is presently waiting for the establishment of a 400 Kva line by Karnataka Power Transmission Corporation Ltd (KPTCL) to evacuate power from Udupi.

"Right now we are able to supply only up to 500 Mw from our first unit at Nandikur as there is only a 220 Kva line is available to evacuate power. Unless the Karnataka Power Transmission Corporation puts in place the 400 Kva line we can not evacuate 1,200 Mw power," Alva said.

According to sources in the state energy department, the work on the 400 kva line is delayed due to various reasons. The work, which was scheduled to be completed in April this year, is likely to be delayed by another 6 months or so. Whether the government completes the work or not, it will be forced to pay UPCL the tariff as agreed in the power purchase agreement.

"As scheduled earlier, UPCL will complete the 1,200 Mw project by end of October. If the 400 Kva line is not available, it is not our problem. The state government has to pay us the tariff as per PPA even if they are unable to take the power due to absence of 400 kva line," Alva said.

UPCL has already invested Rs 5,689 crore to set up its thermal power plant at Nandikur, about 35 kms from Mangalore in coastal Karnataka.

As against the required 400 kva line, as agreed in the PPA with the company, the KPTCL has set up only a 200 kva power line at Kemmar near Karkala in Dakshina Kannada district. This is capable of evacuating only up to 500 Mw of power from the plant to the main national grid at Hassan.

The path of way has also not established to erect poles and towers to transmit the power through the forest area in Western Ghats. The state government is still to get the clearance from the ministry of environment and forests, he said.

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BHEL bags Rs 2,665 cr order from Dainik Bhaskar Power

TIRUCHIRAPALLI: Power plant equipment major BHEL has bagged a Rs 2,665 crore order for supply and installation of the main plant package for Dainik Bhaskar Power Limited's 2x600 MW coal-based thermal power project at Baradarha, in Janjgir district of Chhattisgarh.

As per the contract, BHEL would be entrusted with design, engineering, MFR, supply, erection, testing and commissioning of boilers, steam turbines and turbo generators, along with state-of-the-art controls and instrumentations and other associated auxiliaries, for the project, a company statement said.

While the BHEL complex in Tiruchirapalli will take care of boiler production, its Bangalore unit will handle the installation of controls and instrumentation systems and its Ranipet unit will manufacture the auxiliaries.

BHEL said independent power producers accounted for 90 per cent of the orders it received in 2009-10 for power plant equipment with a total generation capacity of 16,489 MW.

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Orissa IPPs make headway in project implementation

Visa Power, Tata Power, Lanco Power, Monnet Ispat Power Company, Jindal India Thermal Power Limited and CESC Limited, the Independent Power Producers (IPPs) who had signed Memorandum of Understanding with the Orissa government in 2006 have achieved significant headway on their proposed projects in the state in the past 4-5 months.

“Tata Power has said that it will complete the land acquisition process by October this year and kick off construction work by December. The company has paid about Rs 100 crore as compensation to the land losers. Similarly, CESC has acquired around 80 per cent of the land needed for their project”, P K Jena, the state energy secretary told Business Standard after reviewing the status of the IPPs.

As many as 27 IPPs have signed MoUs with the state government with a cumulative capacity of 32,420 MW.
Tata Power which had proposed to set up a 2000 MW power plant at Naraj in Cuttack district and needed 990 acres for the power plant. The company had been allotted the Mandakini coal block with a reserve of 96.84 million tonnes of coal.

CESC's 1000 MW power plant was to come up on 1094.13 acres of land at Neulapoi in Dhenkanal district. This includes 190.39 acres of government land, 20.76 acres of forest land and 822.98 acres of private land.

Visa Power which has proposed to set up a 1000 MW power plant at Brahmanabasta-Athagarh in Cuttack district as already acquired around 50 per cent of private land needed for the project. The company expected to acquire around 65 per cent of the private land by the end of this month.

It has already been allotted 200 acres of government land. On the whole, the power project needed 1100 acres of land which included 309 cares of government land and the remaining being private land.

Lanco Power has acquired most of the land needed for its power plant and has achieved financial closure. The company is setting up a 1320 MW (2x660) power plant over 1400 acres of land at Khurunti in Dhenkanal district. It has been allocated the Rampia coal block with a reserve of 112.22 million tonnes.

Monnet Ispat Power Company Limited is almost through with the land acquisition work for its 1000 MW power project proposed to be set up at the Malibrahmani-Nisha-Chendipada stretch in Angul district on 993.42 acres of land. The company would lay the foundation stone for the project in October this year.

Similarly, Jindal India Thermal Power Plant (JITPL) has acquired 95 per cent of the land needed for its project and has also constructed the boundary wall which is 98 per cent complete. JITPL had proposed to set up a 1200 MW power plant at Derang near Talcher on 1055 acres of land. The company has been alloted the Mandakini coal block with a reserve of 96.84 million tonnes of coal.

Mahanadi Aban Power Company Limited which had not made much progress a few months back has paid compensation of Rs 80 crore to 70 per cent of the affected people. The power producer is setting up a 1030 MW power plant at Tehranpur near Talcher on 1035.98 acres of land.

The alternative sites for the power plants proposed by Viskha Thermal Power Limited and Jindal Steel & Power Limited (JSPL) are yet to be approved. Visakha Thermal Power Limited which had proposed to set up a 1100 MW power plant on 1100 acres of land at Bhandari Pokhari in Bhadrak district but the location had to be changed as the proposed location fell in the irrigated area. JSPL had sought the change of location of its proposed 1320 MW (2x60) power plant from Boinda to Paranga in Angul district.

The location for Kalinga Energy and Power Limited's 1000 MW power project had to be changed from Babuchakuli in Sambalpur district to Sodamal in Jharsuguda district. This had to be done as the 1100 acres of land identified at Babuchakli had 600 acres of forest land.

The IPPs that have entered into MoUs with the state government in 2009 and 2010 have also achieved appreciable progress.

Notification under Section 6 (1) has been issued for 362 acres of land for Sahara India Power Corporation's 1320 MW power plant to be set up at Titlagarh on 950 acres of land.

Maa Durga Thermal Power Company Limited which had signed an MoU with the state government in April 2010 for setting up a 60 MW power plant at Bianchua near Tangi in Cuttack district has acquired the entire 60-acre stretch of land needed for the project. It has also achieved financial closure for Rs 210 crore out of the total project cost of Rs 296.95 crore.

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90% of BHEL orders in 2009-10 from private firms

State-run Bharat Heavy Electricals Ltd (BHEL) secured orders worth Rs 59,000 crore from domestic and international companies in the financial year ended this March, of which about 90 per cent came from the private sector.

The total orders received by the power equipment maker in 2009-10 were for a generation capacity of 16,489 Mw, of which orders for 14,689 Mw came from private companies, said B Prasada Rao, chairman and managing director, in a statement here. BHEL’s current order book stands at Rs 1,44,000 crore.

As a result of increased customer focus and sustained efforts for entry into new business areas, BHEL’s industry sector order book showed a record growth of 40 per cent at Rs 14,366 crore, the statement added.
Currently, the company has the capacity to manufacture power equipment with a cumulative generation capacity of 15,000 Mw per annum, to be increased to 20,000 Mw by the end of 2010-11. It also plans to increase investment on its research and development (R&D) to Rs 1,200 crore by 2011-12, from Rs 829 crore in 2009-10, the statement added.

It also announced a dividend of Rs 1,141 crore for 2009-10. The company posted an increase of 37 per cent in profit after tax at Rs 4,311 crore and a 22 per cent growth in top line at Rs 34,154 crore.

During the year, the company bagged its biggest-ever contract for establishment of a captive power plant for Indian Oil Corporation and also garnered major repeat orders from Hindalco for a 6x150 Mw BTG package, besides the single largest order for supply of 150 units of 5,000 HP 25 Kv AC mainline electric locomotives to Indian Railways.

Futher, BHEL and Maharashtra State Power Generation Company Ltd have signed a deal to set up a joint venture company to build, own and operate a 1,500-1,600 Mw power plant at Latur, in Maharashtra. Similarly, BHEL and Madhya Pradesh Power Generation Company Ltd have formed a JV to build, own and operate a 2x800 Mw supercritical thermal power plant at Khandwa, in Madhya Pradesh.

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GJ10 said:

Other one is the Tata Power UMPP (also 4000MW)

Prev mentions in other threads:

here, here and here


Based on the timescales mentioned, am now certain that first pic is Adani and second pic is Tata.

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Bhel in JV with NPCIL & Alstom for N-plant

New Delhi: State-owned Bharat Heavy Electricals Ltd will soon set up a joint venture with Nuclear Power Corporation of India Ltd and Alstom Ltd for setting up civil nuclear power plants in the country, Heavy Industries secretary Bhawani Singh Meena said on Thursday.

All the three companies will have 33.33% equity each in the joint venture, which would get approval from department of atomic energy within a month, Meena said.

The investment details are being worked out, Meena said, adding the joint venture was conceived a couple of years ago but government was awaiting the passage of nuclear liability Bill for the joint venture to take off.

The bill was passed in last monsoon session of Parliament.

Currently, nuclear power plants can be set up only by Nuclear Power Corporation of India.

Alstom, a French company, is a global major involved with manufacture of power equipment. The company would be technology partner in the joint venture.

Once the joint venture is cleared by department of atomic energy, it would be able to bid for setting up civil nuclear power plants in the country, Meena said. The joint venture would not only manufacture nuclear power equipment but also bid for construction of civil nuclear power plants.

About $150 billion investment is expected in next 10-20 years in nuclear power plants.

The country has already identified sites for setting up nuclear power plants in Tamil Nadu, Andhra Pradesh, West Bengal, Maharashtra, Karnataka, Orissa and a few other states.

Each site would have nuclear plants with generation capacity ranging from 6,000-10,000 mega watt.

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BHEL in JV talks with SAIL, Vizag Steel

State-owned BHEL today said it is in talks with SAIL and Vizag Steel to tie up for manufacturing high grade steel, while Korean steel maker Posco may join the proposed joint venture company as a technology partner.

"We intend to partner with SAIL or any other manufacturer like Vizag Steel PLant for CRGO (Cold rolled Grain Oriented) steel," CMD BHEL B P Rao told reporters here.

This is in ideal stage, we want this joint venture mainly to secure supplies for CRGO steel, Rao said, adding that Department of Heavy Industries (DHI) had convened meetings between BHEL and SAIL for the proposed joint venture.

"A third partner may also join the JV firm, SAIL is in talks with Posco for providing technology," Rao added.

On being asked whether the technology partner would be offered any stake in the company, Rao said, "the matter is at a very nascent stage...I cannot comment right now."

BHEL's move is aimed at securing supplies of essential raw material like CRGO steel, alloy steels, castings and forgings etc.

"Raw material like alloy steel, CRGO steel are not available here, the demand is there...We want to get the supplies," Rao added.

BHEL, which is engaged in manufacturing power equipment has an orderbook of Rs 1,50,000 crore.

The company, which currently manufactures equipment that can generate 15,000 MW of electricity, is now in the process of ramping up this capacity to 20,000 MW by March 2012.

"We would be a 20,000 MW company by March 2012," he said.

BHEL paid Rs 407 crore towards final dividend for the year 2009-10 to the Ministry of Heavy Industries and Public Enterprises.

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Suzlon crosses installations of 5,000 MW mark

Suzlon Energy, the country's largest wind turbine manufacturer, said it has crossed installations of 5000 megawatt in the country.

The installations account for around half of country's total wind installations. Suzlon said it has cumulatively added over 5,000 MW of wind power capacity for over 1,500 customers in India across 40 sites in eight States.

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Suzlon bags Rs 1149 contract to develop wind power project

Pune based wind turbine manufacturer Suzlon Energy Limited (SEL) bags order of Rs 1149 crore from Kolkata’s Techno Electric Group to develop over 202.2 megawatt (MW) wind power projects. Techno Electric combines heavy engineering and light construction capabilities across India’s power generation, transmission and distribution segments.

Techno Electric is an independent power producer (IPP) with operational wind power projects of more than 95 MW, set-up and operated by Suzlon, in the states of Tamil Nadu and Karnataka.

Speaking about the project, Tulsi R. Tanti, chairman and managing director, Suzlon Energy said, “This order stands testament to a new phase of IPP investments in wind power. The IPP segment has the capability to augment bigger wind power capacities quickly. We are fully geared to meet this segment’s specific requirements by adapting to the fast-changing market dynamics, in terms of customer needs, business model, product technology and policy framework.”
The order comprises of 24 units of Suzlon’s 2.1 MW wind turbine generators (WTGs), 34 units of 1.5 MW WTGs and 48 units of 2.1 MW WTGs. The first phase of 101.4 MW will be commissioned in the state of Tamil Nadu by June 2011. The second phase of 100.8 MW will be commissioned by December 2011.

Speaking about the project, P P Gupta, managing director, Techno Electric and Engineering Company Limited said, “We are optimistic about the value creation using a combination of various revenue options, such as the attractive feed-in tariff, generation based incentive, renewable energy certificates and trading power under the open access system. We did a diligent evaluation of various options on the basis of life cycle value contribution to ably support our ambitious 500 MW development plan.”

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PowerGrid wants fresh offers for Rs 7,000-crore project

State-run power transmission firm PowerGrid has called for fresh offers from shortlisted bidders BHEL-ABB and Siemens for its Rs 7,000-crore HVDC (high voltage direct current) sub-stations’ project.

While the entire transmission project consisting of HVDC sub-stations and a 800 Kv transmission line from Biswanath Chariali in Assam to Agra in north India is worth about Rs 12,000 crore, the sub-station portion is estimated at Rs 7,000 crore.
“We have called for fresh bids from existing bidders BHEL-ABB and Siemens for sub-stations in our transmission line due to some technical reason,” PowerGrid’s chairman and managing director, S K Chaturvedi, confirmed to Business Standard. The company’s Board recently gave its approval for fresh bids from the two bidders, a consortium of BHEL and Swiss ABB’s India unit, and Siemens Ltd, the Indian unit of Germany’s Siemens AG.

The transmission firm owns and operates around 72,000 circuit km of transmission lines and alone transmits 45 per cent of all power generated in the country.

With India planning to add 78,700 Mw generation capacity during the 11th Plan and another 100,000 Mw in the 12th Plan, huge investment in transmission will be required for evacuation of electricity. PowerGrid plans to make an investment of over Rs 85,000 crore in transmission projects over the 11th and 12th Plan period.

It is also expected to come up soon with a follow-on public offer (FPO) of 10 per cent equity shares, with a fresh issue of 10 per cent equity. It plans to raise about Rs 4,000 crore through the issue. The government had earlier divested five per cent stake in the company. After the FPO, the government’s holding would come down from 86.36 per cent to 69.4 per cent.

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Land acquisition takes off for Sundergarh UMPP

There is finally some headway on the 4000 MW Ultra Mega Power Project (UMPP) in Orissa proposed to be set up at Bhedabahal in Sundergarh district. Land acquisition work for the project has taken off.

The UMPP, entailing an investment of Rs 16,000 crore, requires 3100 acres of land. The Orissa Integrated Power Limited, a fully owned subsidiary of Power Finance Corporation (PFC), the nodal agency for UMPPs, has already invited 'Request for Qualification' (RFQ) for this project. The deadline for responding to the RFQ is September 30.

Water for this UMPP has been allocated from the Ib river and check dams and barrages would be put up on the river for this purpose. It may be noted that Meenakshi, Meenakshi-B and Dipside Meenakshi coal blocks have been allotted for the UMPP with a total reserve of 880 million tonnes.
A high-level meeting chaired by the state Chief Secretary B K Pattnaik was held on the site selection of the UMPPs. The meeting was also attended by senior officials of PFC and Central Electricity Authority (CEA).

Besides the Bhedabahal UMPP, it has been proposed to set up two additional UMPPs in the state. While the Centre had proposed to set up the second UMPP in Bolangir district, five locations were short-listed for the third UMPP- Kirtania, Dhamara, Astaranga, Paradeep and Gopalpur. The Centre has sought additional information on the suitability of these locations and the concerned departments of the state government would furnish the information on the same, said an official source.

Orissa would get 1300 MW from the first UMPP at Bhedabahal and 50 per cent of the power generated by the other two UMPPs.

The Orissa government has signed MoUs (Memorandum of Understanding) with as many as 27 Independent Power Producers (IPPs) for setting up power plants with a combined capacity of 32,420 MW. The state government had asked 17 of these IPPs to go for super critical technologies.

In addition to this, National Thermal Power Corporation (NTPC) has announced to set up two new super thermal power plants in the state- 4800 MW plant at Darlipalli in Sundergarh district and one 3200 MW plant at Gajmara in Dhenkanal district.

The navratna power utility, which has an installed capacity of 3460 MW in Orissa, will pump over Rs 50,000 crore in generating additional capacity of 9320 MW in the state by the end of 2017.

Besides establishing two mega power projects at Darlipalli and Gajamara, NTPC is also scaling up the capacity of its existing thermal power station at Talcher by adding 1320 MW (2x660 MW) through two supercritical units.

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RPower unveils Rs 80K cr investment plan

Anil Ambani Group firm Reliance Power has chalked out an ambitious plan to invest about Rs 80,000 crore in the next three years for creating 20,000 MW of thermal power generation capacity.

"Reliance Power will have operational capacity of 5,000 MW by 2012 and commission another 20,000 MW over the next three years (by 2015)," Chairman ADA Group Anil Ambani said, addressing the company's Annual General Meeting here.

The company currently operates two units (2x300 MW) of Rosa thermal power project (1,200 MW) at Shajanpur in Uttar Pradesh.

The cost of generating one megawatt of electricity is about Rs four crore.

Reliance Power has already secured requisite land, water, fuel and environment clearances for the entire coal-based capacity.

Reliance Power has over 2 billion tonnes of domestic coal reserves that can support power generation to the tune of 20,000 MW capacity, Ambani said.

Three coal mines acquired by the company in Indonesia would support up to 10,000 MW electricity generation capacity.

In totality, the captive coal reserves in India and Indonesia are sufficient to support 30,000 MW of coal capacity for 25 years.

Reliance Power CEO J P Chalasani said that the company's ultra mega power projects of 4,000 MW capacity each at Sasan (Madhya Pradesh) and Krishnapatnam (Andhra Pradesh) are on track.

In order to enhance its clean energy portfolio, Reliance Power would invest about Rs 30,000 crore for setting up hydro power projects in Arunachal Pradesh.

"Reliance Power will invest Rs 30,000 crore on its hydro projects in Arunachal Pradesh to accelerate development of North-East region," Chalasani said.

Not only hydro, the company is also bullish on other renewable sources of power such as wind and solar.

"The renewable portfolio of the company will comprise 600 MW Solar and 400 MW wind projects," the company's CEO added.

Therefore, the company's power generation capacity from all sources of energy would touch 35,000 MW by 2017.

Shares of the company were trading at Rs 162.05, up 0.93 per cent on the Bombay Stock Exchange.

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Centre asks BHEL, MP to meet deadline of 1,600 Mw power project

The Centre today lambasted BHEL and the Madhya Pradesh government for delays in completion of 1,600 Mw power project at Khandwa in the state.

Minister of State for Heavy Industries and Public Enterprises Arun Yadav has instructed senior officials of the Ministry of Heavy Industries, BHEL and Madhya Pradesh government to ensure that the deadlines set for completion of power project in Khandwa are met, an official statement said.

He insisted that the 1,600 Mw power plant must be made operational by 2013.
Yadav was chairing a review meeting of the 1,600 Mw Dada Dhuniwale Power Project at Khandwa, which is a joint venture of BHEL and MP Power Generating Company.

He also emphasised on finding strategic investors to partner in the project so that the issue of shortage of funds with state government can be solved.

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'2,000 Mw hydel capacity addition may get delayed'

The government today said that 2,000 Mw proposed hydro power projects may get delayed due to environmental issues.

"About 2,000 Mw hydro power projects, which are scheduled in the next plan period (2012-17), are likely to get delayed due to environmental issues," G B Pradhan Additional Secretary Power Secretary told reporters here.

Power Ministry has chalked out a plan to set up about 8,000 Mw hydel projects in the country by the end of the XIIth Plan Period (2012-17).
In order to tap the huge hydro-electric potential in the north-eastern region, various public sector companies like NHPC and North Eastern Electric Power Corporation (NEEPCO) have shown keen interest in setting up the power projects.

NHPC is constructing a 2,000-Mw project on the Subansiri river in Assam, while the NEEPCO is constructing the 600-Mw Kameng hydel project.

The region, according to government data, has a hydro power potential of 58,000 Mw and offers great opportunity to both PSUs and the private sector to harness this.

The government plans to add about 1,00,000 Mw power capacity during the next plan period of which a lion's share would come from thermal power projects.

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Adani Power restructures $1 bn debt to save cost

Gautam Adani promoted, Adani Power has raised Rs 4900 crores for investment in Kawai and Tiroda projects , sources working on the development said. This capital raising has two parts, refinancing Rs 3574 cr of existing debt to save cost of funds and external commercial borrowing (ECB) of $300 mn.

The refinancing has reduced the interest rate paid by Adani Power to 9.65% on rupee loan compared to 11.5% earlier. The ECB is raised at Libor+4 rate. Adani Power spokesperson declined to comment on the development.

Analysts say the restructuring of debt which has resulted in savings of around 200 basis points should boost to earnings per share (EPS) by 9%. This is a significant move for the company which is in a capital intensive sector like power.

Adani Power produces 660 MW of power at it’s Mundra project , sources say that another 300 MW is expected to go on stream by November this year. [/COLOR]The company plans to set up a capacity of 6600 MW by FY13. The Kawai project in Rajasthan and Tiroda project in Maharashtra will produce 1320 MW of electricity each in the next 3 years.

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Lanco Infra unit ties up debt for 1,320 Mw project

Lanco Infratech said on Monday its unit, Lanco Vidarbha Thermal Power, has tied up debt of Rs 5,549 crore for its 1,320 Mw thermal power project in Maharashtra with an equity component of Rs 1,387 crore.

A consortium of 16 banks and financial institutions led by Punjab National Bank have arranged for the debt, the statement said.

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GMR Energy bags 2 R'than power transmission contracts

GMR Energy Limited (GEL), a subsidiary of GMR Infrastructure Limited, has bagged two contracts for a transmission project being implemented by Rajasthan Rajya Vidut Prasaran Nigam Ltd (RRVPNL).

The projects were awarded to GEL on a Build, Own, Operate and Maintain (BOOM) basis, the company said in a statement.

The entire concession period of the projects is 25 years, including the construction phase, which is estimated to take two years.

The projects would include setting up 400 km of 400 KV transmission lines with two power substations based at Alwar and Deedwana, it said.

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