To conduit the excess power from new hydro projects in West Nepal to India, now both the neighboring countries have agreed to significantly boost up trans-border power transmission line.
While India has high power demand, Nepal has high hydro power potential. From the projects, the planned immediate capacity augmentation is for at least 1,000 MW. In addition to the long planned Butwal in West Nepal to Gorakhpur in India line, there are simultaneous plans to construct three other cross-border
Following delays, the total cost of NHPC´s Subansiri project in Assam is likely to be around Rs 12,000 crore, nearly double than envisaged initially. The original cost of the project was Rs 6,285 crore. NHPC is executing the 2,000-mw Subansiri hydel plant in Assam. Sources in NHPC said that local issues, contractual issues, geological surprises, delay in decision making and poor risk-taking assessment have impacted the progress on the Subansiri project.
Chairman of the Atomic Energy Commission (AEC) RK Sinha has expressed confidence that for India, increasing its nuclear capacity to 63,000 MW by 2032 from
the present 4,780 MW is achievable.
World´s largest solar-powered desalination plant is being planned by the United Arab Emirates (UAE). The proposed plant would process more than 22 million gallons of potable water per day, according to reports. UAE said that the solar-powered new plant at Ras Al Khaimah emirate would also generate 20 MW of electricity.
A report by Mercom Capital Group says that India is projected to see a solar power generation capacity addition of 1,750 MW next year. Noting that new solar installations so far this year have been around 900 MW, Mercom on 20 November stated that India is not likely to register any significant year-over-year growth for 2013. However, during this period, global solar market is estimated to see 20 per cent growth.
The Power Finance Corporation (PFC) has stated that eight companies have evinced interest in developing Rs 24,200-crore Cheyyur ultra mega power project (UMPP) in Tamil Nadu. The UMPP is India´s first coastal power plant, to be bid out with an attached captive port. PFC is the nodal agency for UMPPs
Delhi Electricity Regulatory Commission has invited suggestions and feedback from stakeholders on a proposal to introduce net metering for rooftop solar power generation as per guidelines laid down by the Ministry of New and Renewable Energy. The commission claims that, with about 300 sunny days in Delhi a year and around 30 lakh households, Delhi has more than 700 sq km of built-up area for installation of photo-voltaic systems.
To market its projects both abroad and in India, the Union Road Transport and Highways Ministry is looking to hire industry bodies and the International Finance Corporation (IFC). The government´s move comes after private investors showed disinterest in the road projects this year. For its expressway projects worth over Rs 30,000 crore and 15 other highway projects in the pipeline, the Ministry is looking to engage the industry bodies and IFC.
To market its projects both abroad and in India, the Union Road Transport and Highways Ministry is looking to hire industry bodies and the International Finance Corporation (IFC). The government´s move comes after private investors showed disinterest in the road projects this year. For its expressway projects worth over Rs 30,000 crore and 15 other highway projects in the pipeline, the Ministry is looking to engage the industry bodies and IFC.
As the Union government failed to draw bids under the public-private partnership (PPP) model for road projects, the Union Road Ministry has approved 14 highway projects to be bid under the engineering, procurement and construction (EPC) model to attract private investments.