Page 5 - Thermal Power

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

Thermal plants not co-firing enough biomass likely to face penalty

The power ministry would also consider reducing coal supply to TPPs not complying with its policy on biomass co-firing, according to a Ministry of Environment, Forest and Climate Change statement

Adani Power gains 4%, hits new high on DB Power deal; up 47% in one month

The acquisition of DB Power's thermal power assets will help the company to expand its offerings and operations in the thermal power sector in the state of Chhattisgarh.

India's largest floating solar power project now operational in Telangana

Energy conglomerate National Thermal Power Corporation (NTPC) has set up the 100 megawatt (MW) plant through Bharat Heavy Electricals (BHEL) under Engineering, Procurement and Construction contract

Govt to invite bids for power from 8,000 MW thermal capacities without PPAs

The government will invite bids from states to sell electricity generated from 8,000 MW thermal capacities without PPAs, Power Minister RK Singh said

Banks to take Rs 37,200-cr hit by liquidating 10 power projects: BofA

Combined capacity is 10.5 Gw; projects fail to find any takers under insolvency process

E2S Power, India Power tie up for thermal storage facility in India

E2S Power and India Power have inked a pact to work on transforming fossil fuel power station into thermal storage systems for renewable energy in the country

Air pollution: Far and wide impact of Chandrapur thermal power station

Findings from a study showed that effects of ambient air pollution resulted in respiratory and other illnesses

Gencos to face penalty for having low coal stock, says govt

Power Ministry notifies new coal stocking norms, gencos to follow month-wise threshold

MPCB asks thermal power station in Nagpur to stop dumping ash slurry

This comes amid complaints by local residents that it is causing pollution

RattanIndia Power registers record Rs 104 cr profit on back of dues payment

Bottom line surges over 3x year-on-year; company claims 'complete resurrection of business' two years after debt recast

Aaditya Thackeray reviews air, water pollution around thermal plants

Maharashtra Environment Minister Aaditya Thackeray has called for interventions from government agencies for pollution abatement.

NTPC's 49.92 MW solar capacity begins commercial operations on Thursday

The power producer said its solar energy capacity at Jaisalmer has begun operations on Thursday

Power producers can now replace thermal with renewables under existing PPAs

The Ministries of Power, and New and Renewable Energy have revised the relevant norms as part of the larger efforts to have 500 GW of clean energy generation capacity by 2030

Adani Power gets NCLT nod to acquire Essar's 1,200 MW Mahan project in MP

Adani Power said that it has got NCLT's approval to acquire Essar Power's 1,200 MW thermal power project in Mahan, Madhya Pradesh.

10% thermal power capacity vulnerable to outage as coal shortage lingers

Crisil Rating warned that a tenth of the thermal capacity is still vulnerable to the outage as it sees coal-stock remaining in single-digit days through the rest of the year

Thermal plants in TN emit more toxic gases than permissible limits: Study

The study found many thermal plants do not have the flue gas desulfuriser (FGD) device, to monitor and control the quantity of toxic gases released from the plants.

Delhi sold power in October despite low generating limits, shows data

On October 20, Delhi sold 635 Mw on the day-ahead market

Power Ministry asks thermal units to import coal for minimum 10% blending

The power ministry said the revival of the economy had led to an increase in demand and consumption of electricity

11 thermal plants around Delhi directed to co-fire biomass pellets

The Centre's air quality commission said this can utilise millions of tonnes of biomass, address the issue of stubble burning and reduce air pollution