Page 2 - Power Plant

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 .

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

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

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 ...

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 ...

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

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.

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

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

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.

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

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

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

Adani Power's Rs 7000 crore deal to buy DB Power assets falls through

Adani Power Ltd's Rs 7,017-crore deal to buy thermal power assets of DB Power has fallen after the initial pact expired. "We wish to inform that the long stop date under the memorandum of understanding dated August 18, 2022, has expired," Adani Power said in a regulatory filing on Wednesday. Earlier in August 2022, Adani Power had informed the bourses that it has agreed to acquire DB Power Ltd (DB Power), which owns and operates a running 2x600 MW thermal power plant at district Janjgir Champa in Chhattisgarh. Queries regarding the status of the deal sent to Adani Power did not elicit any response. This assumes significance in view of allegations of fraud against Adani group by the US-based short-seller Hindenburg Research. This issue rocked Parliament also earlier this month and opposition had demanded Joint Parliamentary Committee as well as a Supreme Court monitored probe into the issue. The initial term of the MOU (memorandum of understanding) was October 31, 2022. Later the .

Mahanadi Coalfields Ltd to set up Rs 12,000 cr power plant in Odisha

Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India Limited, is looking to diversify into power generation, and plans to set up a Rs 12,000 crore power plant in Odisha

Targeting to double coal inventory with power plants by March: Coal secy

Coal Secretary Amrit Lal Meena said all the coal companies of national miner Coal India (CIL) had more coal than their targeted production for the upcoming summer season

India offers $280 million to Syria for building power, steel plant

About 1500 scholarships have been provided to Syrian students to study in India in diverse streams, including 200 scholarships in the current academic year itself

Measures undertaken to secure nuclear plant systems from cyber-attack: MoS

Security arrangements are in place to secure India's nuclear power plant systems from cyber-attack, said Union Minister of State for Science and Technology Jitendra Singh on Thursday.In a written reply to a question in the Rajya Sabha, Singh said, these security measures include authorization, authentication & access control mechanisms, strict configuration control and surveillance.The Union Minister said that the nuclear power plant systems are isolated from the internet and are not accessible from the administrative network."Several measures have been taken to strengthen Information Security in administrative networks in nuclear power plants like, hardening of internet and administrative intranet connectivity, restriction on removable media, blocking of websites and IPs," he said.On the issue of the September 2019 cyber-attack on the Kudankulam Nuclear Power Plant, Singh had said that investigations have been carried out by the Computer & Information Security Advisory ...

Not a single power plant in Bengal implemented emission standards: Report

The CREA report has also pointed out that as the state's reliance on dirty coal energy has continued, the phenomenon has pushed the population of the state towards severe health hazards

SC dismisses GUVNL's appeal for termination of PPA with Lanco Infratech

GUVNL had terminated the agreement for the solar power plant over the commencement of liquidation proceedings against LANCO Infratech Ltd (owner of the power plant)