Welspun Energy will make investments worth Rs 15,000 crore in the next three years for renewable energy capacities in India. The board of directors of the company has recently given its approval for the investment plans. Vineet Mittal, Co-founder and Managing Director, Welspun Energy said in Gandhinagar that the company has invested around Rs 3,500 crore for
power capacities in the renewable energy space.
Author: admin (Infratructure Today)
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Welspun investment plans
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Nalco's 2nd wind power project
National Aluminium Co (Nalco) is setting up its second wind power project of 50 MW capacity in Jaisalmer district of Rajasthan at a cost of around Rs 190 crore. The public sector firm, which placed an order for the Rajasthan project to Gamesa, expects to operationalise the plant in the next seven months. The company's first wind power plant, of 50 MW capacity, at Gandikota in Kadapa district of Andhra Pradesh was commissioned recently.
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ONGC Tripura Power unit
The first unit of the 2x363.3 ONGC Tripura Power Corporation (OTPC) at Palatana in Tripura, which is on trial run, is set to start commercial operations by mid-February, provided the EPC contractor BHEL succeeds in stabilising the unit. OTPC is confident to offer adequate load to run the unit at full capacity as the transmission line from Palatana to Silchar in Assam already having been commissioned and on course to be extended up to Byrnihat in Meghalaya soon.
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Adhunik Metaliks power plant
Adhunik Power & Natural Resources has declared commercial operation of its first unit of 270 MW of 2x270 MW thermal power plant on January 21. The company is setting up two units of 270 MW coal based thermal power plant at village Padampur in Jharkhand in first stage of its project. The first unit of 2x270 MW was synchronised on November 13, 2012 and the commercial operation has been declared on January 21, 2013.
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GAIL commissions 5-mn t LNG terminal
BC Tripathi, Chairman, Gail India, informed that it has commissioned the 5 million toĆĀnne (mn t) capacity liquefied natural gas (LNG) terminal at Dabhol facility in Maharashtra.
He also informed that the firm plans to double its capacity by 2016 in a phased manner. Initially, the firm would focus on completing construction of break-water facility, which will help in expanding the terminal's capacity to 7.5 mmtpa in next two years and finally to 10 mmtpa in 2016.
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Fernas mulls $1 bn LNG terminal in Gujarat
Fernas Construction India, a wholly-owned subsidiary of Turkey's Fernas Inc, plans to set up an LNG storage and re-gasification terminal in Gujarat in collaboration with Mumbai-based Swan Energy.Fernas Construction India plans to invest $1 billion (Rs 5,300 crore) over a period of four years for the proposed terminal to be set up at Okha in Jamnagar district.
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Tata Steel JV asked to secure forest nod for coal mine
Tata Steel and Adhunik Power & Natural Resource will have to secure forest approval for operating the Ganeshpur coalmine in Latehar, JharĆĀkhand, which was allocated to them for their thermal projects.The coal mine has a production capacity of four million tonne per annum (normative).
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CIL's coal production
Coal India (CIL) said out of the 119 mines allocated to it, the firm expects to begin production from three mines during the 12th Five Year Plan. During the 13th Plan period (2017-21), the company plans to begin production from 14 blocks. The letter also shows that in case of 11 coal mines the exploration has been completed.
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ONGC's CBM block sale
Bids invited by ONGC for picking up its stake in four coal-bed methane (CBM) blocks did not receive strong response. ONGC is said to have received bids from only three firms for the blocks. These firms are UK-listed Great Eastern Energy Corporation (GEECL), Brisbane-based Dart Energy and a consortium of Jindal Steel and Deep Industries.
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Odisha coal block auctions
Odisha government decided to allow its public sector firms to bid for the five coal blocks - Chandrabila, Tentuloi, Sarpal-Nuapada, Kudanali-Luburi and Bramhani - that the Union Coal Ministry would auction in the state. The ministry has issued notification of bidding for new coal blocks. These five new blocks are estimated to have reserves of around 2,940.48 mn t.