Page 3 - Power Plant

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)

Adani to build power plants in SL, challenge China in support for Modi

Adani has been accused by some Lankan lawmakers of signing opaque port, energy deals closely tied to India's interests, something his group has always denied, saying investments meet Sri Lanka's needs

Continental power grid spanning Japan to India inches closer to reality

Plans for a web of sub-sea cables that would create a continental power grid spanning Japan to India are rapidly becoming cheaper and more feasible

Solar projects can't use concessional duty as govt seeks to curb imports

Step seeks to stop project developers from avoiding basic customs duty, but it could raise cost of production

Ukraine to restrict energy supplies as Russia knocks out more power plants

Ukraine said they will introduce restrictions on electricity supplies across the country and scheduled blackouts nationwide after losing at least 40 per cent of the nation's power generating capacity

REC, PFC to provide Rs 8,520 crore finance for Buxar thermal power plant

State-owned REC Ltd and Power Finance Corporation have inked a pact to provide Rs 8,520.92 crore finance for setting up a 1,320 MW thermal power plant at Buxar by SJVN Thermal Private Ltd. "REC Limited and Power Finance Corporation Limited (PFC) - Maharatna CPSEs under the ministry of power -- have signed a memorandum of loan agreement with SJVN Thermal Private Ltd (STPL) for financing 2x660 MW coal based Buxar Thermal Power Plant (BTPP)," a company statement said. According to the statement, the total estimated project cost is Rs 12,172.74 crore with debt requirement of Rs 8,520.92 crore. As per the agreement, the debt requirement shall be financed by REC and PFC. The agreement was signed in the presence of R S Dhillon, CMD PFC, N L Sharma, CMD SJVN, Ajoy Choudhury, Director (Finance) REC, and V K Singh, Director (Technical) - REC, and other senior officials. Vivek Kumar Dewangan, CMD REC, said in the statement that this is a great partnership for the development of the power

1 killed, 3 injured in high-pressure gas leak at Navi Mumbai power plant

A chief boiler supervisor was killed and three others injured on Sunday after gas leaked from a high-pressure booster pump at the gas turbine power station of the Maharashtra Power Generation Company at Uran in Navi Mumbai, officials said. Police had earlier said an explosion in the boiler pump of the unit, located 48 km from Mumbai, led to the casualties. A statement from the Maharashtra Power Generation Company (Mahagenco) said at about 1230 hrs, there was a gas leak from a high-pressure booster pump, while a 120 MW unit located nearby was operational at Uran. Police said the leak was akin to an explosion, which led to the casualties. A team of Vivek Dhumale, the deceased supervisor, boiler technician K K Patil and Vishnu Patil, a helper who is a contractual employee, was carrying out a routine inspection when the accident occurred, Mahagenco said. All three received burn injuries, the statement said, adding that Dhumale succumbed to injuries while being taken to the Airoli Burn

Lankan official blames poor quality oil imports for power plant's shutdown

A senior Sri Lankan official has blamed poor quality crude oil imports for the shutdown of a power plant, leading to extended blackouts amid the ongoing economic crisis in the island nation

India considers further coal imports as concern over energy supply grows

Stockpiles of the fossil fuel at power plants have fallen about 11% since mid-August, meaning utilities have an average of 10 days supply, well below required levels of more than three weeks

No hot showers, street lights; here's how Europe is slashing energy use

As the Kremlin slashes gas deliveries and power-plant outages intensify a supply squeeze, Europe has little alternative but to curtail demand

Captive power units turn to Russia as domestic coal supply fails to resume

Chennai-based India Cements has said that it has already imported two shipments of Russian coal due to shortage of domestic supply

Should set up small modular reactors to meet energy demands: NITI member

Niti Aayog member VK Saraswat suggested that the government should focus on setting up small modular reactors as it would help meet country's energy needs and in replacing aging thermal power plants

Coal India says enough supplies, advises power plants to stock up

CIL has called for bids to supply 2.4 mt of coal to be delivered for the July to September 2022 period

No coal shortage at power plants; supply rises 25% in Apr-Dec: R K Singh

Power projects in the country do not have any coal shortage currently and these plants have got 25 per cent higher coal supply of 430.6 million tonnes in April-December 2021 compared to a year ago