Page 2 - Hydro Power

Slippery road: India's clean energy drive faces a tricky patch of taxation

The elephant in the room is Rs 7.5 trillion a year in revenues to the exchequer

J&K to be north's power hub after hydro projects completion: Jitendra Singh

Union Minister Jitendra Singh on Saturday said the Kishtwar district of Jammu and Kashmir is all set to emerge as north India's major "power hub after the completion of ongoing power projects with a total capacity of 6,000 MW. The Minister of State in the Prime Minister's office visited the 120-MW Seva-II hydropower project located on Himachal-J&K border near Bani in Kathua district, a part of his Udhampur parliamentary constituency. Reviewing the status of hydropower projects with NHPC, Director (Finance) R P Goyal and other officials, the minister said at least seven major Hydro power projects have come in the region in a short span ever since Narendra Modi took over as Prime Minister in 2014. Talking about the ongoing power projects in Kishtwar, he said the largest capacity project is Pakal Dul with a capacity of 1,000 MW which is expected to be completed by 2025 at an estimated cost of over Rs 8,000 crore. Another major project is Kiru Hydroelectric project with a capacity of .

NHPC pledges to invest Rs 4k cr in 750 MW Kuppa hydro storage project

NHPC has inked an initial pact to invest Rs 4,000 crore in 750 MW Kuppa Pumped Hydro Storage Project at Chhota Udaipur in Gujarat. Taking a step towards clean and green energy, NHPC signed a Memorandum of Understanding (MoU) with Gujarat Power Corporation (GPCL) for investment in Kuppa Pumped Hydro Storage Project (750 MW) on January 3, 2024, a company statement said. According to the statement, the MoU was signed at an event organised at the Secretariat in Gandhinagar under the aegis of 'Vibrant Gujarat'. In the presence of Gujarat Chief Minister Bhupendra Patel, and state Energy Minister Kanubhai Desai, the MoU was signed by Arun Mahesh Babu, Managing Director, GPCL, and V Srivastava, Executive Director, Renewable Energy and Green Hydrogen, NHPC, the statement said. As per the terms of the MoU, the NHPC shall invest an estimated Rs 4,000 crore in the proposed 750 MW Kuppa Pumped Hydro Storage Project at Chhota Udaipur, Gujarat. The implementation of this project will create ...

13 hydropower projects to bring Rs 1.4 trn investment in Arunachal: Singh

As many as 13 under-construction hydroelectric projects with a total generation capacity of 13,000 MW will bring an investment of around Rs 1.4 lakh crore in Arunachal Pradesh, Union Power Minister R K Singh said. Singh visited the 2,000 MW Subansiri Lower Hydroelectric Project located in Arunachal Pradesh / Assam on Monday, a power ministry statement said. The minister inspected the Subansiri project construction sites, namely the dam, intake structures and diversion tunnels in Gerukamukh, Assam. He took stock of the ongoing construction activities and was briefed about the progress. The minister said that besides Subansiri, which is a large project, the Government of Arunachal Pradesh has entered into MoUs with central public sector undertakings for 13 projects, which will amount to a hydroelectric capacity of 13,000 MW in Arunachal. "These projects will bring in investment of around Rs 1.4 lakh crore in the state, resulting in quadrupling of per capita income. And the nation wi

SJVN's Naitwar Mori hydro project's first unit starts commercial operations

The first unit of SJVN's 60 MW Naitwar Mori Hydro Electric Project (NMHEP) in Uttarakhand has started commercial operations. The first unit of 30 MW capacity achieved the Commercial Operation Date (COD) today, the company's CMD Nand Lal Sharma said in a statement on Friday. "The unit has at 60 MW project achieved this COD after going through rigorous testing and successful synchronization with the national grid. With this achievement, the company has now furthered its total generation capacity to 2,122 MW from 2,091.50 MW," he said. It is a run of the river project located on river Tons, a major tributary of river Yamuna in Uttarkashi district in Uttarakhand with two generating units of 30 MW each. The second unit of the project is also expected to be commissioned within this month. The project will generate 265.5 million units of electricity annually and the power will be evacuated through the 37 kilometres-long 220 KV Transmission Line from Bainol to Snail, constructed by SJVN .

India, Bhutan agree to extend energy partnership to non-hydro renewables

The statement said that India and Bhutan enjoy long-standing and exceptional bilateral ties characterized by utmost trust, goodwill, and mutual understanding at all levels

TCPL Green Energy plans to set up manufacturing facility in Jharkhand

TCPL Green Energy Solutions plans to set up a manufacturing facility in Jharkhand to produce hydrogen-based powertrains and battery electric vehicle aggregates and systems, the company said on Friday. Announcing the signing of an initial pact with the Jharkhand Government, the company said it will invest over Rs 350 crore over the next few years to produce fuel-agnostic powertrain solutions including hydrogen Internal Combustion engine (ICE), battery and fuel cell electric vehicle systems as well as fuel delivery systems. This investment will create an anchor enterprise to develop a robust supply ecosystem through value chain creation, the company said. TCPL GES is a wholly-owned subsidiary of Tata Cummins Pvt Ltd. TCPL is a 50:50 joint venture between Tata Motors and the global power technology major, Cummins Inc. The plant is expected to commence production in 2024 in a phased manner with the hydrogen ICE to be rolled out first followed by the battery electric components and fuel

Arunachal transfers 11 Gw stalled hydropower projects to Central PSUs

The state govt signed MoA with three central PSUs - NHPC Ltd, SJVN Ltd and NEEPCO

TBM successfully launched at 1,000-MW Pakal Dul HEP in J-K's Kishtwar

Tunnel boring machines (TBM) have been deployed for the construction of head race tunnel-1 of 1,000 MW Pakal Dul project in Kishtwar district of Jammu and Kashmir, an official said on Wednesday. The deployment will accelerate the construction of the project on Marusudar, a tributary of the Chenab river, at Drangdhuran village in Kishtwar. Chenab Valley Power Projects Limited (CVPPL), a joint venture of National Hydroelectric Power Corporation (NHPC) Ltd and Jammu and Kashmir State Power Development Corporation (JKSPDC) is developing the Pakal Dul HE Project. It is likely to become a fully-operational power plant by next year. The launch of the TBM was executed with precision and excellence for the construction of head race tunnel-1 which is a critical component of this venture, an official spokesman said. He said the twin head race tunnels, measuring 9.6 km in length and 8.33 m in excavated diameter, will significantly contribute to the generation of 1000 MW of hydroelectric ...

Himachal Pradesh to cancel allotment of hydropower projects: CM Sukhvinder

Allotments of hydropower projects that have not started construction work despite taking one-time amnesty should be cancelled immediately and a fresh advertisement should be published, said Chief Minister Sukhvinder Singh Sukhu on Tuesday. Taking a serious note of central Public Sector undertakings (PSUs) for not signing pre-implementation and implementation agreements to set up hydropower projects, he directed the energy department to issue notices to such PSUs, a statement issued here said. Presiding over a meeting of the Energy Department here late on Monday evening, he said, "Efforts would be made to increase the State's share in those projects which have recovered its cost, for which correspondence would be initiated with the Central Government and other PSUs." He said that for all upcoming hydel power projects, the land would be given for a 40 years lease as per the policy of government. Apart from this, he also directed to simplify the process of providing NOCs for the ...

Sikkim yet to utilise untapped hydropower potential, says CM Tamang

Sikkim Chief Minister Prem Singh Tamang on Thursday said the Himalayan state till now has utilised only 27.5 per cent of its 8,000 MW power potential. He was speaking at the Business 20 (B20) conference organised as part of India's G20 presidency. " We have only utilised 2,200 MW till now and the scope for Hydropower, clean and green energy is ample in Sikkim, said the chief minister at the conference on Opportunities for multilateral business partnership in Tourism, Hospitality, pharmaceuticals, and organic farming. Urging the delegates to consider Sikkim as a good investment destination, Tamang said a total of 55 pharmaceutical companies from within the country are currently established in the state. Delegates from 24 countries will participate in the B20 conference being organised by the Confederation of Indian Industry (CII), Tamang told a press conference on Wednesday. "Organic Tourism is what Sikkim can offer, we are the first organic state in the world and have been recogn

NHPC pays interim dividend of Rs 997.75 crore to govt for 2022-23

State-owned hydro power giant NHPC has paid an interim dividend of Rs 997.75 crore to the government for 2022-23. "NHPC has paid an interim dividend of Rs 997.75 crore to government of India for the financial year 2022-23 on 2nd March 2023," a company statement said. The NHPC had already paid Rs 356.34 crore to the government during the current fiscal 2022-23 on account of final dividend for the financial year 2021-22. Thus, the NHPC has paid total dividend of Rs 1,354.09 crore to the government during the financial year 2022-23. NHPC today has more than eight lakh shareholders and total interim dividend pay-out for the financial year 2022-23 worked out to Rs 1,406.30 crore. NHPC had earned a net profit of Rs 3,264.32 crore for the nine months ended FY23 as against the previous period corresponding figure of Rs 2,977.62 crore. The company had earned a net profit of Rs 3,537.71 crore for the financial year 2021-22.

NHPC net profit declines 12.59% to Rs 776 crore for December quarter

State-owned hydro power giant NHPC has posted a 12.59 per cent decline in its consolidated net profit to Rs 775.99 crore for the December 2022 quarter, mainly due to higher expenses. The consolidated net profit of the company was Rs 887.76 crore in the quarter ended December 2021, showed a BSE filing on Tuesday. Its total income rose to Rs 2,691.34 crore in the quarter from Rs 2,373.72 crore a year ago. Expenses increased to Rs 1,303.06 crore from Rs 1,259.28 crore in the year-ago period. The board of the company has also announced the interim dividend at the rate of 14 per cent (Rs 1.40 per equity share) on the face value of paid-up equity shares of Rs 10 each for the financial year 2022-23.

Centre approves Rs 2,614-cr investment for Sunni Dam hydro power project

The government on Wednesday approved Rs 2,614.51 crore investment for the 382 MW Sunni Dam Hydro Electric Project by state-owned SJVN Ltd in Himachal Pradesh. "The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi has approved the investment for 382 MW Sunni Dam Hydro Electric Project in Himachal Pradesh by SJVN Ltd, for an estimated cost of Rs 2,614.51 crore, including Rs 13.80 crore as budgetary support from Government of India for the cost of enabling infrastructure," an official statement said. Ex-post facto approval is given for cumulative expenditure incurred amounting to Rs 246 crore till January 2022, it added. ?The project cost of Rs 2,614 crore included hard cost amounting to Rs 2,246.40 crore, Interest During Construction (IDC) and Financing Charges (FC) of Rs 358.96 crore and 9.15 crore, respectively, the statement said. The revised cost sanctions for cost variations due to quantity changes (including additions/ alterations/ extra items) and

Bhutan DGPC handed keys to Indian-backed 720 Mw Mangdechhu hydro project

The India-assisted 720 Megawatts Mangdechhu Hydroelectric Power Project has been handed to Druk Green Power Corporation (DGPC) in Bhutan.The handover was held in Thimphu on December 27 in a ceremony that was witnessed by Bhutan's Minister of Economic Affairs Lyonpo Loknath Sharma and India's Ambassador to Bhutan, Sudhakar Dalela.With the handing over of the project, India and Bhutan have successfully completed four mega hydroelectric power projects, Bhutan's Ministry of Economic Affairs said in a statement.The 720 MW project Mangdechhu Hydroelectric Power Project was jointly inaugurated by Prime Minister Narendra Modi and his Bhutanese counterpart Lotay Tshering in 2019. The commissioning of the project has increased Bhutan's Electrical Power Generation Capacity by 44 per cent and it is now at 2,326 Mega Watts, according to the statement released by Bhutan's Ministry of Economic Affairs.Indian Embassy in Bhutan tweeted, "Amb @SudhakarDalela joined Lyonpo Loknath Sharma to witness ...

ISTS charges waived on transmission of electricity from new hydro projects

The government has set an ambitious plan to have 500 GW of generation capacity from non-fossil energy-based sources by 2030

Yamuna Kumar Chaubey gets charge of NHPC chairman and managing director

State-owned hydro power giant NHPC on Thursday said that its Director (Technical) Yamuna Kumar Chaubey has been given the charge of Chairman and Managing Director for three months beginning September 1. Abhay Kumar Singh ceased to be the Chairman and Managing Director (CMD) of the company with effect from August 31, 2022, upon attaining the age of superannuation, a BSE filing said. Further, it said that the power ministry in its letter dated August 31 conveyed the decision of the competent authority to assign the charge of CMD to Chaubey for a period of three months from September 1, 2022 or till a regular incumbent joins the post, or until further orders, whichever is the earliest. Chaubey, 59, is a graduate in Civil Engineering from IIT, Kharagpur. He joined NHPC Limited in 1985 as a Probationary Executive (Civil) at 540 MW Chamera Hydro-Electric Project, now Chamera-I Power Station, Himachal Pradesh. At present, Chaubey is Director (Technical) in NHPC and is also holding the ...

NHPC to sell hydro power to PTC India from upcoming Nepal projects

State-run hydro power giant NHPC has inked a pact with PTC India to supply electricity to be generated from upcoming West Seti & Seti River-6 projects in Nepal, a statement said on Tuesday. The MoU was signed by NHPC CMD A.K. Singh and Dr. Rajib K. Mishra, CMD, PTC India Limited. As per the MoU, PTC shall purchase the Contracted Capacity from NHPC from date of commercial operation of the projects for onward sale to the state utilities/discoms/bulk consumers on long term basis in India and neighbouring countries. The PTC India shall also endeavour to sell any untied capacity on medium/short term basis or on power exchanges, it stated.

NHPC inks pact with Himachal Pradesh govt for 500 MW Dugar hydro project

State-owned hydro power giant NHPC has inked a pact with the Himachal Pradesh government for the implementation of 500 MW Dugar Hydroelectric Project in Chamba district. "Implementation agreement for 500 MW Dugar Hydro Electric Project located in Chamba district, Himachal Pradesh, was signed between NHPC Limited and government of Himachal Pradesh on August 26, 2022 at Shimla," a statement said. The agreement was signed in the presence of Jai Ram Thakur, Chief Minister, Himachal Pradesh, and A K Singh, Chairman & Managing Director, NHPC Limited. The document was signed by Suresh Kumar, General Manager (E), NHPC, and Harikesh Meena, Director (Energy), Directorate of Energy (DoE), Himachal Pradesh. Earlier, a Memorandum of Understanding (MoU) for 449 MW Dugar Hydro Electric Project was signed between NHPC and government of Himachal Pradesh on September 25, 2019. Subsequent to signing of the MoU, NHPC carried out detailed survey and investigations, techno-economic studies and ...

JSW Energy signs PPA with 35-yr validity with Haryana Power Purchase Centre

JSW Energy on Monday announced signing a power purchase agreement (PPA) with Haryana Power Purchase Centre (HPPC) for the supply of 240-megawatt hydro power.