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Power plant

Essar Energy to set up Europe's 1st hydrogen-ready power plant in UK

Essar Energy Transition (EET) on Friday announced setting up of Europe's first hydrogen-ready combined heat and power plant (CHP) at its Stanlow refinery in Ellesmere Port in the UK. The building of the power plant is a key part of EET's overall USD 3 billion of energy transition initiatives in the North West of England. The company aims to complete the project, EET Hydrogen Power in 2027, it said in a statement. The investment will support EET Fuels' ambition to become the lowest carbon process refinery, globally and EET Hydrogen's ambition to become the leading low carbon hydrogen producer in the UK. It will also provide low carbon power to other industrial users in the region to support their decarbonisation targets. EET Hydrogen Power will become an independent vertical under EET. The project will be developed over two phases to reach a capacity of 125 MW and reducing 740,000 tonne of carbon dioxide per annum. The new plant will replace Stanlow's existing boiler units, which

Essar Energy to set up Europe's 1st hydrogen-ready power plant in UK
Updated On : 12 Jul 2024 | 4:10 PM IST

Mechanisation, better logistics catalyst for record coal stock: CIL CMD

Our output of 189 MTs in the first quarter of the current financial year was around 14 MTs more compared to last year's same quarter, giving us the leverage to step up our supplies, Prasad said

Mechanisation, better logistics catalyst for record coal stock: CIL CMD
Updated On : 09 Jul 2024 | 10:43 PM IST

Gas-based plants directed to run from May 1 to Jun 30 as power demand rises

The government has directed all gas-based power generating stations to operationalise their plants from May 1 to June 30 in view of rise in electricity demand due to a likely prolonged heat wave this summer. A significant portion of Gas-Based Generating Stations (GBSs) is currently unutilized, primarily due to commercial considerations. The ministry has projected 260 GW peak power demand this summer (April to June 2024). Peak power demand had touched an all-time high of 243 GW in September last year. The decision to operationalise GBSs is part of a series of measures taken by the Centre to ensure that electricity demand in the summer is met. According to a power ministry statement, the order shall remain valid for generation and supply of electricity from May 1, 2024 to June 30, 2024. "To ensure maximum power generation from Gas-Based Generating Stations, the government has issued directions to all Gas-Based Generating Stations under Section 11 of the Electricity Act, 2003, under

Gas-based plants directed to run from May 1 to Jun 30 as power demand rises
Updated On : 13 Apr 2024 | 12:40 PM IST

Massive Russian attack destroys one of Ukraine's largest power plants

A massive missile and drone attack destroyed one of Ukraine's largest power plants and damaged others, officials said on Thursday, part of a renewed Russian campaign targeting energy infrastructure. The Trypilska plant, which was the biggest energy supplier for the Kyiv, Cherkasy and Zhytomyr regions, was struck numerous times, destroying the transformer, turbines and generators and leaving the plant ablaze. As the first drone approached, workers hid in a shelter, saving their lives, said Andrii Hota, director of the state company that runs the plant, Centrenergo. They watched the plant burn, surrounded by dense smoke and engulfed in flames. It's terrifying, said Hota. Hours later, rescuers were still dismantling the rubble. The plant supplied electricity to 3 million customers but none lost power because the grid was able to compensate since demands are low at this time of year. Still, the consequences of the strikes could be felt in the coming months, as air conditioning use ramp

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Updated On : 12 Apr 2024 | 7:01 AM IST

NTPC adds nearly 4GW capacity in FY24; total installed capacity at 76GW

State-run power giant NTPC on Monday said it has added 3,924 MW power generation capacity in 2023-24, taking the total installed capacity to around 76GW. This (3,924 MW) includes the commissioning of the second unit in Bangladesh and maiden capacity addition by both its subsidiaries -- NTPC Green Energy Ltd (NGEL) and NTPC Renewable Energy Ltd (NREL), during the fiscal year ending March 31, 2024, a company statement said. In FY24, NTPC Ltd achieved an addition of 3,924 MW new capacity to its overall portfolio, elevating its cumulative installed capacity to almost 76 GW. NTPC is India's largest integrated power utility, contributing 1/4th of the power requirement of the country. With a diverse portfolio of thermal, hydro, solar, and wind power plants, NTPC is dedicated to delivering reliable, affordable, and sustainable electricity to the nation. The company is committed to adopting best practices, fostering innovation, and embracing clean energy technologies for a greener future.

NTPC adds nearly 4GW capacity in FY24; total installed capacity at 76GW
Updated On : 01 Apr 2024 | 2:05 PM IST

EAM signs documents on Kudan Kulam Nuclear Power Plants during Russia visit

The EAM was on a visit to Russia from December 25 to 29 as a part of the ongoing high-level exchanges between the two sides

EAM signs documents on Kudan Kulam Nuclear Power Plants during Russia visit
Updated On : 30 Dec 2023 | 1:40 PM IST

Resolution professional calls for EOI for troubled GVK Gautami Power

The financial creditor, Edelweiss Asset Reconstruction Company Limited, had filed a petition to initiate a Corporate Insolvency Resolution Process (CIRP) against GVK Gautami Power

Resolution professional calls for EOI for troubled GVK Gautami Power
Updated On : 19 Dec 2023 | 9:17 PM IST

Power plants to run at full capacity as electricity demand rises: Singh

Union Minister R K Singh on Monday asked his counterparts in states to run all power plants at full capacity to meet the peak demand against the backdrop of rising electricity consumption and coal shortage. The minister made the remarks at the inauguration of two-day National Conference of Power and New & Renewable Energy Ministers of States & UTs in the national capital. "To meet the growing demand, all states need to run all power plants and at full capacity," Singh said. He met with his counterparts in states and union territories and shared his views on steps being taken to address the growing power demand in the country, which he said is a sign of fast growth of the Indian economy. Singh further said some states do not run their power plants at peak capacity and instead seek power from the Centre's pool. If some states are not running their plants at peak demand, "we will not be able to supplement from the central pool. We have to focus on making sure that all our plants .

Power plants to run at full capacity as electricity demand rises: Singh
Updated On : 06 Nov 2023 | 7:51 PM IST

Coal inventories in India drop at fastest pace in 2 years, boosting imports

While India's power demand typically peaks during May, unusually dry weather and an uptick in economic activity has boosted consumption this month

Coal inventories in India drop at fastest pace in 2 years, boosting imports
Updated On : 19 Oct 2023 | 8:19 AM IST

Indian Oil to invest Rs 1,660 cr in JV with NTPC to set up power plants

Indian Oil Corporation, the nation's biggest oil firm, will invest Rs 1,660.15 crore as equity in a newly set up joint venture with energy major NTPC Ltd for setting up renewable power plants. In June, IOC and NTPC had formed a 50:50 joint venture company, IndianOil NTPC Green Energy Pvt Ltd, to set up renewable energy projects to meet round-the-clock power requirements of refineries of the oil company. In a stock exchanging filing, IOC said its Board in a meeting on October 13, "has accorded approval to the investment plan of the joint venture company for setting up of renewable energy power plants and approved the equity contribution of up to Rs 1,660.15 crore towards Indian Oil's share of 50 per cent in the equity share capital of the JVC." On June 2, IOC incorporated the joint venture company (JVC) with NTPC Green Energy Limited, (a wholly-owned subsidiary of NTPC Limited). "IndianQil NTPC Green Energy Private Limited will develop renewable energy-based power projects (viz. sol

Indian Oil to invest Rs 1,660 cr in JV with NTPC to set up power plants
Updated On : 15 Oct 2023 | 5:40 PM IST

JSW Steel to double capacity in 3 yrs; renewables to power plants: Jindal

JSW Steel is aiming to nearly double its capacity to 50 million tonnes in the next three years, chairman Sajjan Jindal said on Thursday. The city-headquartered company is also aiming to shift to renewable sources of power to fire the entire 50 million tonnes of production, Jindal said speaking at an event organized by the Bombay Chartered Accountants Society late on Thursday evening. Today, at JSW Steel we are at 28 million tonnes capacity and next year we will be 37 million tonnes capacity and (in) three years' time we will be 50 million tonnes capacity, he said. He said the company is also paying a lot of emphasis on sustainability and has devised a plan to completely shift its power usage to renewable sources. "At JSW Steel, we would probably be the first steel company in the world which will be 50 million tonnes capacity and operate 100 per cent on renewable power, that is the plan we are doing, Jindal said. Jindal said as the company goes ahead with its planned capacity ...

JSW Steel to double capacity in 3 yrs; renewables to power plants: Jindal
Updated On : 06 Jul 2023 | 10:41 PM IST

Troubled power plant leaves Jordan in debt to China, raises concerns

Jordan's Attarat power plant was envisioned as a landmark project promising to provide the desert kingdom with a major source of energy while solidifying its relations with China. But weeks after its official opening, the site, a sea of black, crumbly rock in the barren desert south of Jordan's capital, is instead a source of heated controversy. Deals surrounding the plant put Jordan on the hook for billions of dollars in debt to China all for a plant that is no longer needed for its energy, because of other agreements made since the project's conception. The result is fueling tensions between China and Jordan and causing grief for the Jordanian government as it tries to contest the deal in an international legal battle. As Chinese influence grows in the Middle East and America withdraws, the $2.1 billion shale oil station has come to characterize China's wider model that has burdened many Asian and African states with crippling debt and served as a cautionary tale for the ...

Troubled power plant leaves Jordan in debt to China, raises concerns
Updated On : 05 Jul 2023 | 12:31 PM IST

Power Min revises biomass co-firing policy to enable purchase of pellets

The power ministry on Tuesday said it has revised the biomass co-firing policy to enable the purchase of biomass pellets by power plants. The decision would encourage farmers, entrepreneurs as well as thermal power utilities to strive to establish a sustainable biomass supply chain, the ministry said in a statement. "Ministry of Power (MoP) has decided to benchmark the prices of biomass pellets used for co-firing in Thermal Power Plants (TPPs). Ministry of Power has revised biomass Co-Firing Policy for enabling the purchase of biomass pellets by Power Plants at benchmark price," it said. The benchmarked price shall take into account the business viability, impact on electricity tariff and efficient and faster pellet procurement by power utilities. Price benchmarking of pellets will enable the TPPs as well as pellet vendors to establish a sustainable supply mechanism for co-firing of pellets. The benchmarked price, as finalised by the committee under CEA, will be effective from Janu

Power Min revises biomass co-firing policy to enable purchase of pellets
Updated On : 27 Jun 2023 | 9:23 PM IST

Indsil Hydro Power sells 12 MW power plant in Raipur for Rs 11.40 cr

Indsil Hydro Power and Manganese on Friday announced the sale of its 12 MW power plant at Raipur in Chhattisgarh for Rs 11.40 crore. "The company has entered into a transaction with a buyer for the sale of the 12 MW power plant of the company situated at Raipur, Chhattisgarh for an aggregate consideration of Rs 11.40 crore (exclusive of GST and applicable charges)," according to a BSE filing. The buyer is not related to the promoters/ promoter group of the company and is not a related party transaction, it stated. The power plant was not operational and hence, the said sale will not affect the operations of the company, it added.

Indsil Hydro Power sells 12 MW power plant in Raipur for Rs 11.40 cr
Updated On : 16 Jun 2023 | 6:19 PM IST

Power plants using imported coal to operate at full capacity till September

Many power plants in India, including those owned by Adani Power and Tata Power use imported coal, but were not operating at full capacity, adding to challenges for the country in meeting power demand

Power plants using imported coal to operate at full capacity till September
Updated On : 12 Jun 2023 | 12:56 PM IST

EPA proposes new limits on greenhouse gas emissions from power plants

The Biden administration proposed new limits on Thursday on greenhouse gas emissions from coal- and gas-fired power plants, its most ambitious effort yet to roll back planet-warming pollution from the nation's second-largest contributor to climate change. A rule unveiled by the Environmental Protection Agency could force power plants to capture smokestack emissions using a technology that has long been promised but is not in widespread use in the US. "This administration is committed to meeting the urgency of the climate crisis and taking the necessary actions required,' EPA Administrator Michael Regan said during Thursday's announcement. The new rule will significantly reduce greenhouse gas emissions from fossil fuel-fired power plants, protecting health and protecting our planet," Regan said. The plan would not only improve air quality nationwide, but it will bring substantial health benefits to communities all across the country, especially our frontline communities ... that hav

EPA proposes new limits on greenhouse gas emissions from power plants
Updated On : 11 May 2023 | 11:44 PM IST

Asian Development Bank to provide Rs 754 cr loan to SAEL Industries

Asian Development Bank (ADB) will provide a loan up to Rs 754 crore to SAEL Industries Ltd for setting up of biomass power plants in Rajasthan. The lender and SAEL have entered into a loan agreement, according to a release on Friday. SAEL is a solar and agricultural waste-to-energy company. It has developed a business model where crop residues are used as fuel in waste-to-energy projects. The company aims to grow its portfolio to 3.5 GW over the next four years by adding 100 MW of new biomass and 600 MW of new solar capacity annually. "ADB's support will fund the construction of five biomass power plants in the districts of Bikaner, Churu, Hanumangarh, Jhunjhunu, and Sikar in the state of Rajasthan," SAEL said in the release.

Asian Development Bank to provide Rs 754 cr loan to SAEL Industries
Updated On : 24 Mar 2023 | 8:44 PM IST

NTPC plant in Barh synchronises 4th unit, Bihar to get additional 405 MW

A 660-MW unit of the National Thermal Power Corporation's plant at Barh in Patna district was synchronised with the grid on Sunday morning, which is likely to result in supply of an additional 405 MW electricity for Bihar, a company official said. According to NTPC spokesman Vishwanath Chandan, the unit was successfully synchronised at 9.30 am. "The super critical based power project in Bihar has a total installed capacity of 3,300 MW with five units of 660-MW each. With today's development, we can look forward to the last unit becoming operational in 2023-24, Chandan said. The three units that became operational earlier are already successful in generation, and have been contributing over 1,600 MW electricity to Bihar, he said. "The successful synchronisation of the plant would pave way for commissioning of the unit prior to the declaration of commercial operation of the plant, he said. Under the synchronisation process, the plant was connected to the grid to see the load factor

NTPC plant in Barh synchronises 4th unit, Bihar to get additional 405 MW
Updated On : 19 Mar 2023 | 4:55 PM IST

Managing risk profile of plants a must for investments in RE sector: Report

The risk profile of power plants must be managed to continue the trend of capital investment in the domestic renewable energy sector, a report said on Wednesday. Trends such as inflation, issues related to costing and supply chains are impacting the renewable energy industry, making the current business environment a challenging one for risk managers, the WTW report said. Despite the challenges, the renewable energy outlook in Asia remains promising, with significant capital injection expected into the sector. In India also, the renewable energy (RE) sector has seen an influx of capital investment, the report titled 'Renewable Energy Market Review 2023' said. "The RE sector in India has seen an influx of capital investment and for this trend to continue, the risk profile of the power plant must be satisfactorily managed during the entire life cycle of the project. As the sector grows to its full potential, the role of intermediaries and specialists becomes even more critical, " Anku

Managing risk profile of plants a must for investments in RE sector: Report
Updated On : 22 Feb 2023 | 10:19 PM IST

India invokes emergency law to force coal-based power plants to up output

Many of India's power plants that use imported coal have not operated at full capacity recently because they have found it difficult to compete with power generated from cheap domestic coal

India invokes emergency law to force coal-based power plants to up output
Updated On : 20 Feb 2023 | 11:07 PM IST