Japan has announced a Rs 15,000-crore official development assistance (ODA) loan for five projects in India including expansion of Delhi Metro and works related to wind and solar energy. The loan agreement will include three energy sector projects - new and renewable energy, micro, small and medium enterprises energy saving, and Haryana Distribution System Upgradation.
Category: Power & New and Renewable Energy
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Conventional producers to invest in RE
The Central government may soon require conventional power project developers to install renewable energy projects within the premises of the fossil fuels based power plants. If the power ministry goes ahead with such a plan, the power project developers may have to set up renewable energy capacity equivalent to around 10 per cent of the conventional power capacity within the premises of the power plant.
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Surat moving towards a solar city
Surat city will start producing nearly 3.35 lakh units of solar power per annum from April. Solar roof top panels with a capacity of generating 1,250 kW are functional at 15 places.
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CIL to firm up power biz
Coal India (CIL) has set a deadline of December 2014 to firm up its power business. The company is planning to invest Rs 10,000 crore for a 1,600 MW plant at Sundargarh in Odisha.
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BHEL wins order
Bharat Heavy Electricals Ltd (BHEL) has secured Rs 125 crore contract for setting up a 120 MW hydro electric project in Uttarakhand. The order for setting up of hydro generating sets and associated electro-mechanical works for the 120 MW Vyasi project
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NTPC to start 3 solar plants
National Thermal Power Corporation (NTPC) is preparing to start commercial operations at three new solar power plants, doubling its capacity from solar energy sources. NTPC has vowed to raise the amount of energy it generates from renewable resources
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Ujaas Energy’s solar plans
Ujaas Energy recently announced the commissioning of 105 MW installed solar power capacity. Ujaas Energy under the National Solar Mission and the National Tariff Policy,
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GVK to exit Punjab power plant
GVK Power & Infrastructure is planning to sell its under construction 540 MW Goindwal Sahib power plant in Punjab to NTPC. The project expected to be commissioned in the first quarter of 2014-15, has a 25 year power purchase agreement with the Punjab State Power Commission.
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Reliance’s Butibori plant now fully operational
Reliance Power said its 600 MW coal-based power plant at Butibori in Maharashtra is fully operational. Butibori Power Project is being developed by Vidarbha Industries Power (VIPL), a subsidiary of Reliance Power.
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Alstom concludes contract with BHEL
Alstom has been awarded a ĂâĄ40 million contract by Bharat Heavy Electricals (BHEL) to supply three 660 MW supercritical boilers for North Karanpura Super Thermal Power Project in Jharkhand. The units are expected to be commissioned in 2017.