Ashish Mithani, Chief Executive Officer and Whole-time Director, KP Energy believes that if the pace of the bids is well-maintained as publicly promised by the government, then in 2020, there would be a continuous addition of 6 GW to 9 GW of wind projects every year.
SCHOTT enters PPA with CleanMax for Wind Solar Hybrid Project
Power Grid Corporation receives 6 Special Purpose Vehicles from REC
Power Finance Corporation to receive Rs 165 cr loan from Japan’s JBIC
Delhi aims to meet annual electricity demand through solar power
BCCL signs 1st MDO contract for coking coal extraction
NTPC REL: Sterling & Wilson Renewable Energy bags order
GAIL and Shell reach an agreement to discuss ethane supply
NTPC commissions green coal plant in Varanasi
Power plants in Delhi fails to adhere to biomass co-firing policy
JSW Steel plans to invest in a virgin coking coal mine
Adani Transmission gets certified as single-use plastic-free firm
Coal India targets 156 MT coal supply to power sector in April-June
NLC establishes green energy joint venture with Assam Discom
GMDC bags 2 coal blocks in Odisha
2,000 MW renewable energy projects to be developed by Onix Group in UP
RBI grants IREDA the status of Infrastructure Finance Corporation
Government to fund green energy conversion of state-run refineries
Powergrid will issue bonds to raise up to Rs 9 billion
Domestic aluminum players need to invest to meet net0 target
Wind-solar is missing the push from the government
The compressor market will grow above 20,000-25,000 units a year
Despite price sensitivity of the Indian market remaining a major challenge, Conrad Latham, General Manager, Atlas Copco Compressor Technique, India cites that to be competitive in India, the global players are willing to pay for the value of options that are normally associated with improved energy efficiencies like variable speed drive compressors, permanent magnetic motors, cost-effective adsorption dryers or even higher IE-rated motors.
A Ray of Hope, Amid the Gloom
Amidst the chaos seen in the power sector, with 22,000 MW thermal power projects lying idle for the need of coal or gas and lenders taking power generating assets to National Company Law Tribunal (NCLT) to recover dues, the transmission sector- with longer life cycle and lower risks- has exhibited the only ray of hope for investors and developers alike.
Mahagenco to build 100 MW plant in Vidharbha
Mahagenco plans on building 100 MW plant at Chandrapur, which will be the biggest solar plant in Vidarbha. This decision has come up in accordance to its plan to create 2,500 MW solar power capacity.
JSPL to set up Odisha’s first private industrial park at Angul
Adjacent to its 6 million tonne steel plant at Angul, Jindal Steel and Power (JSPL) will be setting up OdishaÂ’s first private industrial park.
Punjab may fire up units at Ropar plant
With the demand for power rising up to 12,500 MW, the Punjab Government has decided to restart the operations at two thermal units of Ropar power plant.
Chandigarh residents to pay more for power for three months
The UT electricity department has proposed to increase the Fuel and Power Purchase Cost Adjustment (FPPCA) charges up to 10 per cent on the existing tariff, leading the Chandigarh residents to pay more for power for three months
The Big Infra Opportunity
Stakeholders harp on the government's infrastructure push and expect construction orders of Rs.18 trillion in the next six years. This order inflow volume should support 12 to 15 per cent of industry-level execution of compound annual growth rate (CAGR).
Siemens to implement frequency control technology for NTPC Dadri
Siemens Ltd has commissioned IndiaÂ’s first condensate throttling-based Primary Frequency Control Solution at National Capital Power Station (NCPS), NTPC Dadri (Stage 2, Unit 6). Condensate throttling, based on SiemensÂ’ SPPA-P3000 Frequency Control Solution, is used for immediate generation of additional power for frequency control.
Merchant Power Market to Burgeon Over FY18-FY20
The short-term power market is up for an eventful journey in FY18-FY20, says India Ratings and Research (Ind-Ra). However, the market is inhibited by impediments such as transmission constraints, opaque processes on open access within most states and steep cross-subsidy charges. A power supply-demand mismatch and a hiatus in long-term power purchase by states provide immense opportunities to the merchant market.