The Ministry of Power (MoP) is in the process of finalising guidelines to improve coal supply to thermal power plants (TPPs). These include setting up of dedicated transportation, setting up of power projects only within a distance of 500 km from coal mines, and mandatory construction of elevated closed belt conveyors for all TPPs within 20 km from pit-head of coal mine. In addition, the central government is reportedly mulling to explore opportunities in neighbouring countries like Sri Lanka, Bangladesh and Myanmar to sell power in a bid to revive the declining plant load factors in the thermal power segment.
MoP has extended the waiver of inter-state transmission and losses for solar and wind projects commissioned till March 31, 2022. Earlier the waiver was applicable for solar projects commissioned till December 31, 2019 and wind projects commissioned till March 31, 2019. The waiver will be applicable for 25 years from the date of commissioning of such projects awarded through competitive bidding.
NTPC Limited soon plans to conduct due diligence of the proposed takeover of stressed power plants. The company had expressed interest in taking over such units in late 2017 and consequently, received proposals for stressed assets aggregating 6,480 MW. The proposals include Jindal India Thermal Power Limited’s 1,200 MW Derang TPP, Lalitpur Power Generation Company Limited’s 1,980 MW Lalitpur TPP, Jaiprakash Power Ventures Limited’s (JPVLs) 1,320 MW Nigrie TPP and the 1,980 MW Barah TPP run by a subsidiary of JPVL.
Power Grid Corporation of India Limited (Powergrid) has, reportedly, emerged as the lowest bidder for the Rs 10 billion 765 kV Vindhyachal-Varanasi transmission line, a part of the New Western Region – Northern Region 765 kV Inter-Regional Corridor. Other companies which participated in the tender included Essel Infraprojects, Sterlite Power Grid Ventures, China Southern Power Grid International Company and L&T Infrastructure.
Solar Energy Corporation of India (SECI) witnessed the winning bids of Rs 2.44 per kWh and 2.45 per kWh in the latest tender for the award of 2 GW inter-state transmission system-connected wind power projects. Torrent Power Limited, ReNew Power Private Limited, Green Infra Wind Energy Limited and Inox Wind Limited quoted the lowest bid (Rs 2.43 per kWh) to secure contracts under the tender. TPL secured a capacity of 499.8 MW, ReNew Power secured 400 MW while Green Infra and Inox Wind secured a capacity of 300 MW and 200 MW respectively. The other winners included Adani Green Energy (250 MW), Alfanar (300 MW) and Betam Wind Energy, and a special purpose vehicle of France-based Engie Group (50 MW), all of which bid at Rs 2.45 per unit.
NTPC Vidyut Vyapar Nigam Limited (NVVNL) has emerged as a winner in the tender for supplying 300 MW power to Bangladesh. The tender was floated by Bangladesh Power Development Board (BPBD) for the supply of 500 MW power from India on short-term basis during June-December 2018 and on a longterm basis from January 2020 to May 2033. The supply is expected to begin after the commissioning of 500 MW high voltage direct current (HVDC) interconnection link between the two countries. Four companies including NVVNL, PTC India Limited, Adani Group and Sembcorp Industries Limited had submitted their bids for the tender.
Gujarat Urja Vikas Nigam Limited (GUVNL) has floated a tender for developing 500 MW gridconnected solar photovoltaic (PV) power projects across the state. Further, additional 500 MW capacity may also be offered to participants willing to sign power purchase agreements (PPAs) with GUVNL at the lowest quoted tariff. The tariff would be finalised through a competitive bidding process and a reverse e-auction. The minimum project capacity for a single bidder has been capped at 25 MW, however, no ceiling has been defined. The last date for submission of proposals is March 19, 2018.
The West Bengal Power Development Corporation Limited (WBPDCL) has issued a tender for the award of 5 MW grid-connected solar photovoltaic (PV) project to be developed in the Murshidabad district of the state. The project would be developed at the Sagardighi Thermal Power Project on a turnkey basis. The project is expected to entail an investment of Rs 348.4 million and would have to be completed within 180 days from the date of contract award. The last date for the submission of bids is March 6, 2018.
Steel Authority of India Limited’s (SAIL) Rourkela Steel Plant and the Green Energy Development Corporation of Odisha (GEDCOL), a wholly owned subsidiary of Odisha Hydropower Corporation Limited (OHPC) are planning to set up a 10 MW small hydroelectric project on Mandira dam in the state. The joint venture (JV) company that has provisionally been named as Mandira Power Corporation Limited will operate and install the project at an estimated cost of Rs 788 million. SAIL and GEDCOL will have an equity partnership of 26 per cent and 74 per cent in the JV respectively.
Adani Power Limited’s proposal for setting up a special economic zone (SEZ) for the power sector in Jharkhand has been rejected by the Ministry of Commerce and Industry. The Rs 15 billion proposal was rejected on the grounds of being inconsistent with the power guidelines specified for SEZs in February 2016. Further, the proposal was not backed by a recommendation of the state government. The company had proposed to set up the SEZ at Godda district in Jharkhand, over an area of 425 hectares.
ABB India Limited has installed its first public electric vehicle (EV) charging station at the Niti Aayog office in Delhi. The charging station can fully charge an EV in thirty minutes. The installation is a part of the company’s endeavour to expand its Indian base in the segment.
Topaz Solar Private Limited is planning to set up a solar module manufacturing unit with an annual capacity of 500 MW in Odisha. The initiative is the first phase of the company’s project and is expected to entail an investment of Rs 2.4 billion. In the second phase of the project, the company will add 700 MW module production capacity in the state, taking the total module manufacturing capacity to 1,200 MW in the final stage. The project has been granted a single window clearance by the Odisha government.
Volvo Group India Private Limited has signed an agreement with Cleanmax Solar for long-term supply of 2.75 MW solar power to Volvo’s truck manufacturing units in Bengaluru. The move is expected to reduce Volvo’s carbon dioxide emissions by 3,380 tonnes per annum and result in significant savings for the company. Volvo is expected to start drawing power for its Hoskote and Peenya manufacturing facilities in Bengaluru from Cleanmax Solar’s Ballary facility in March 2018 for 10 years.
The Tata Power Company Limited has recorded a total income of Rs 70.41 billion in the quarter ended December 2017, an increase of 4.86 per cent compared to Rs 67.15 billion recorded in the corresponding period last year. The company registered a net profit of Rs 6.48 billion for the period, a decrease of 7.18 per cent over Rs 6.99 billion recorded during the same quarter in 2016-17.
The Competition Commission of India (CCI) has appoved the sale of Reliance Infrastructure Limited’s (RInfra) integrated Mumbai power business to Adani Transmission Limited (ATL) for Rs 18.8 billion. RInfra and ATL had signed a definitive binding agreement for the sale of RInfra’s integrated power business to ATL in December 2017. The deal is expected to be completed by March 2018 and the proceeds from the sale will be utilised by RInfra to reduce its debt.
NTPC is likely to borrow Rs 16 billion in 2018-19 to fund its capex for the capacity addition of 6,900 MW in the year. The company presently has projects totalling 21,000 MW at different stages of execution, of which, it plans to add 6,900 MW by March 2019. It is funding projects in a debt-equity ratio of 70:30 and has planned a capital expenditure of Rs 230 billion for 2018-19.
Actis LLP is planning to acquire the renewable energy assets of Karnataka based Bhoruka Group. The Rs 27 billion deal is in the final stage. The group is selling its entire renewable energy portfolio of 321 MW under its subsidiary Bhoruka Power Corporation Limited. Yes Bank is the sole investment manager for the deal.
The Ministry Of Power Is Planning To Finalise The Proposed Hydro Policy In Order To Revive Stalled Hydropower Projects Aggregating About 5,950 MW
The Central Electricity Regulatory Commission (CERC) Has Issued A Discussion Paper On “Market Based Economic Dispatch Of Electricity: Re-designing Of Day-Ahead Market (DAM) In India”
The Ministry Of Power Has Decided To Convert All Existing And New Meters Into Smart And Prepaid Meters Within Three Years Starting From April 1, 2019
The Central Electricity Regulatory Commission (CERC) Has Notified The Draft CERC (Terms And Conditions Of Tariff) Regulations, 2019
The Central Government Has Constituted A Group Of Ministers (GoM) Headed By The Finance Minister To Examine
The Ministry Of Power Has Announced That The Households In Eight More States Have Achieved 100 Per Cent Electrification Under Saubhagya.
The Central Electricity Regulatory Commission Has Notified The Deviation Settlement Mechanism (DSM) And Related Matters (Fourth Amendment) Regulations, 2018
The Ministry Of Power Is Planning To Introduce An Electric Vehicle (EV)s Charging Infrastructure Policy Which Would Allow Individuals To Set Up Charging Stations For Commercial Use.
The Ministry Of Power Has Notified An Amendment In The Methodology For Use Of Coal By States In Private Generating Stations Under ‘Case-4: Flexibility Of Utilisation Of Coal In IPPs.
The Supreme Court Has Asked The Central Electricity Regulatory Commission (CERC) To Review Power Purchase Agreements (PPAs) Of The Thermal Power Plants (TPPs) By Adani Power Limited, Tata Power Company Limited And Essar Power Limited In Gujarat.
The Ministry Of Coal Has Issued A Tender For Allocation Of Coal Mines For Companies Engaged In Specific End-use Sectors
The Ministry Of Power (MoP) Has Announced Rs 1 Billion Award For States That Would Complete Household Electrification Early Under The SAUBHAGYA Scheme
Coal India Limited (CIL) Has Signed A Memorandum Of Understanding (MoU) With NLC India Limited For The Formation Of A Joint Venture
The Central Government Is Likely To Resume Allotting Coal To Merchant Power Plants That Supply Electricity To The Short-term Market
The Ministry Of Environment Forest And Climate Change Has Accorded Environmental Clearance To NTPC Limited For The 1,320 MW Talcher Expansion Thermal Power Project In Odisha
The Ministry Of Environment, Forest And Climate Change (MoEFCC) Has Issued A Draft Notification To Add A New Rule In Environment Impact Assessment Notification, 2006
The Ministry Of Power (MoP) Has Notified The Draft Electricity (Amendment) Act, 2018 Carrying The Proposed Amendments To The Electricity Act, 2003.
The Central Electricity Regulatory Commission (CERC) Has Notified A Discussion Paper Titled ReDesigning Ancillary Services Mechanism In India.
Ministry Of Power Has Issued A Direction To The Central Electricity Regulatory Commission (CERC) To Allow Changes In Any Central Or State Government Duties To Be Passed Onto Electricity Tariffs To Consumers Post Bidding
The Central Electricity Regulatory Commission (CERC) Has Notified The Draft Open Access In Inter-State Transmission (Fifth Amendment) Regulations, 2018
The Parliamentary Standing Committee On Energy Has Recommended That A New Framework Must Be Adopted To Resolve The Issue Of Stressed Power Assets
The Central Electricity Regulation Commission (CERC) Has Issued The Planning, Coordination And Development
The Ministry Of New And Renewable Energy (MNRE) Has Suggested The States To Waive Off Certain Cess And Taxes To The Developers Of Small Hydro Power (SHP) Projects (less Than 25 MW Capacity) For Six Years
The Ministry Of Power (MoP) Has Notified A Draft Concept Note On Merit Order Operation For Flexibility In Generation And Scheduling Of Thermal Power Stations
The Ministry Of Power Has Proposed To Change The Mandatory Default Setting For Air Conditioners
The Indian And French Governments Have Signed An Agreement To Expedite Work On The 9,600 MW Jaitapur Nuclear Power Plant In Maharashtra And Commence Work On The Site By The December 2018
The Central Government Has Launched The National E-Mobility Programme To Provide An Impetus To The E-mobility Ecosystem In The Country
The Nuclear Power Corporation Of India Limited
The Ministry Of Power (MoP) Is, Reportedly, Planning To Amend The Electricity Act, 2003 To Impose Penalties On Discoms For Load Shedding And To Introduce Direct Subsidy Transfers By State Governments To Consumers.
FLY ASH UTILISATION 2018 Conference Expo And Awards Is Scheduled On 15-16 March 2018
100 Years - A Century Old Legacy
The Ministry Of Environment, Forests And Climate
NTPC Limited Is Planning
The Ministry Of Power (MoP)
The NITI Aayog Is Expected To Introduce
The Central Government Is Planning To Soon Notify A New Policy On Coal Linkages
Macawber Beekay Has Received The Recommendations From American Society Of Mechanical Engineers
The Ministry Of Power Has Issued
Indian And Bangladeshi Companies
The Central Electricity
The Central Electricity Regulatory
The Ministry Of Power (MoP) Is At An Advance Stage
Coal India Limited(CIL) Is Offering Domestic
The Central Electricity Regulatory Commission
The NITI Aayog Has Notified The Draft National
The Ministry Of Power Has Evaluated The Status Of 34 Stressed Thermal Power Plants
The Niti Aayog Hasasserted In ItsThree-year Action Agenda
Raj Kumar Singh Has Been Appointed As The New Union State Minister For Ministry Of Power
The Ministry Of Power