State-run NHPC has in a filing with BSE said that it has released L&T from performance of the contracts Lot SSL.2 and SSL.5 for building lower Subansiri Hydroelectric Project
Tag: NHPC
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J&K wants return of hydro-projects
J&K Deputy Chief Minister Nirmal Kumar Singh has said the two power projects mentioned in the common minimum programme of the PDP-BJP coalition will be reclaimed by the state government.
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Bidding for TN, Odisha UMPPs scrapped
The Power Ministry has scrapped the bidding process for two ultra-mega power projects of 4,000 MW each proposed to be built in Odisha and Tamil Nadu after all private players walked out, leaving State-run NTPC and NHPC as the sole contender for each project.
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Power Ministry cancels UMPP bids
The Ministry of Power has decided to cancel the two-year-long bidding process for two ultra mega power plants (UMPPs) in Tamil Nadu and Odisha. The decision comes in the wake of private companies pulling out of the process, with public sector units NTPC and NHPC emerging as the only bidders.
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Finance Ministry looks to divest stakes in 7 PSUs
The finance ministry is working on a road map to divest stake in seven big state-run companies, which include Coal India, SAIL, MMTC, NMDC, NHPC and Nalco.
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BHEL commissions HP hydro project
With the commissioning of the 4th and final 130 MW hydro generating unit and Parbati III hydro-electric project (HEP) in Himachal Pradesh, Bharat Heavy Electricals Ltd (BHEL) has successfully commissioned all the four units of the 520 MW underground hydro power plant of NHPC.
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Revised tariff norms to have negatively impact
The revised tariff norms by the Central Electricity Regulatory Commission (CERC) will have a negative impact on the margins of state-owned utilities such as NTPC, Power Grid and NHPC according to Standard and Poor´s Ratings Services (S and P). CERC, in its final guidelines for tariff fixation, has shifted the incentive structure to plant load factor (PLF) from plant availability factor (PAF) for the period FY14-FY19.
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NHPCs project cost may escalate to Rs.12,000 cr
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.
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NHPC cautious of clearing cost escalation in projects
Media reports indicate that the National Hydroelectric Power Corporation (NHPC) has been cautious of clearing cost escalation for various hydel projects anticipating adverse comments from the comptroller and auditor general (CAG) of India. NHPC officials are dragging their feet in clearing cost escalations, which is a common trend in hydropower projects, fearing CAG
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NHPC to invest Rs 4,000 cr
To develop hydro power projects, NHPC will invest Rs 4,000 crore in the current fiscal. NHPC targets to commission four projects totalling about 1,200