THERMAL POWER CAPACITY
Uttarakhand govt explores bids for 1,320 MW thermal unit to rope in private companies
The Uttarakhand government is considering tariff-based competitive bidding for its proposed 1,320-MW thermal power plant, the first of its kind in the state, to attract private developers. The project, initially planned as a joint venture between Uttarakhand Jal Vidyut Nigam (UJVN) Ltd and THDC India Ltd, aims to be commissioned quickly. Although the state has significant hydro power potential, it is also focusing on thermal power to meet base load demands.
BHEL may commission 9GW thermal projects this fiscal year
Bharat Heavy Electricals Limited (BHEL) is on track to commission a record-breaking 9 GW of thermal power capacity in the current financial year, exceeding its average annual commissioning fourfold. This surge in capacity addition, valued at around ?65,000 crore, is attributed to the completion of projects awarded since 2017 and active government support in resolving implementation hurdles.
India asks states to consider setting up nuclear power plants, list power utilities
India's power minister urged states lacking coal resources to consider nuclear power plants as a replacement for decommissioned coal plants. This move aims to attract private investment in nuclear energy and boost renewable energy capacity to meet the country's growing power demands and its goal of net-zero emissions by 2070.
BHEL to set up NTPC's Telangana super critical thermal power plant
BHEL has secured a contract from NTPC to establish the main plant for the 3x800 MW Telangana Stage-II supercritical thermal power plant. The scope of work includes design, engineering, manufacturing, supply, erection, commissioning, and civil construction. BHEL has already received a Limited Notice to Proceed, allowing them to begin basic engineering work.
NTPC board approves Rs 80,000 cr investment proposals for 6,400 MW thermal capacity
NTPC's board has greenlit investments totaling around Rs 80,000 crore for three thermal power projects. These projects, located in Telangana, Madhya Pradesh, and Bihar, will add 6,400 MW to NTPC's generation capacity, further solidifying its position as India's largest power producer.
Adani Power shares tumble 3% after Q2 PAT falls 50% YoY
The company's revenue from operations during the quarter stood at Rs 13,339 crore, up 3% over Rs 12,991 crore reported in the corresponding quarter of the previous financial year.
- Go To Page 1
Mahagenco-NTPC top bidder for Sinnar Thermal
A consortium of Mahagenco and NTPC has emerged as the leading bidder, at ?3,800 crore, to take over the 1,350 MW Sinnar Thermal Power plant. The plant, a subsidiary of RattanIndia Power, is currently defunct and has unresolved coal supply issues and right-of-way problems.
India¡¯s power sector: A trillion-dollar investment opportunity for the next decade
India's power sector, with a planned investment of Rs 42 trillion over the next decade, aims to upgrade infrastructure and meet increasing energy demand. The focus will be on renewable energy projects, battery storage, and transmission networks, driven by policy reforms and improved asset quality, presenting substantial growth opportunities.
L&T outbids BHEL for ?40,000 cr NTPC tender
Larsen & Toubro (L&T) outbid Bharat Heavy Electricals Limited (BHEL) to secure over ?40,000 crore worth contracts from NTPC for three coal-fired power plants. L&T bid ?43,559.83 crore, surpassing BHEL's ?45,325.31 crore bid. The projects aim to add 6.4 GW of thermal power capacity and are part of NTPC's efforts to boost energy supply.
Power plants may not need to install Sulphur removing gear as study shows emissions are not impacting air quality
India is considering halting the installation of new flue gas desulphurisation (FGD) units at public sector coal-based power plants as a study by CSIR-Neeri found sulphur dioxide emissions from these plants do not significantly impact ambient air quality. The move aims to manage power generation costs.
World to move into 'age of electricity' after surplus fossil fuel supplies, IEA says
The International Energy Agency predicts that fossil fuel demand will peak by the end of the decade, leading to surplus supplies and potential investment in green energy. Surplus fossil fuels could lead to lower prices and enable more clean energy investments, despite uncertainties from geopolitical tensions and upcoming elections.
Adani Power, Vedanta, JPL, four others in race for Sinnar Thermal Plant
Maharashtra state government-owned MAHAGENCO and public sector NTPC have also submitted a joint bid for the plant, which is based near Nashik, two people familiar with the process said.
Imported coal-based power units to run at full steam till Dec 31
The Centre directs imported coal-based power plants to operate at full capacity until December 31 due to rising power demand. Decisions on blending imported coal with domestic coal are now on an as-required basis. Coal stocks were affected due to seasonal drops and higher coal-based power use. Further review meeting planned for mid-November.
Adani Power, Jindal Power, Vedanta, four others in race for Sinnar thermal plant
Maharashtra state government-owned MAHAGENCO and public sector NTPC have also submitted a joint bid for the plant, which is based near Nashik, two people familiar with the process said. The power plant, a subsidiary of RattanIndia Power, was initially developed by Indiabulls Power and was admitted to insolvency in January following a plea by Shapoorji Pallonji & CoShapoorji Pallonji & Co for non-payment of dues after constructing a part of the plant.
JSW Energy PSP Two signs agreement with Maharashtra for pumped hydro energy storage
JSW Energy PSP Two Limited signed an agreement with Maharashtra State Electricity Distribution Company Ltd. for 1,500 MW of pumped hydro energy storage. The project will be located in Maharashtra's Nashik and Thane districts and will be complete in 48 months. This move aims to enhance grid stability and provide sustainable power, creating employment locally.
Meeting on Friday to finalise transport of coal for power plants
An inter-ministerial committee will meet on October 11 to finalise the rake supply plan for coal transportation to power plants for the latter half of the financial year. The government mandated imported coal-based power plants to run till mid-October due to expected high electricity demand. Coal stock depletion and transportation issues were also noted.
Thermal capacities needed till RE supply matches demand: Power Minister
Union Minister Manohar Lal emphasized the need for new thermal power capacities due to insufficient green power supply. He stated that any reduction in thermal installations can only be considered after 2030. The government plans to add 80 GW coal-based capacity by 2031-32 and has outlined extensive infrastructure development plans.
Government approves NPCIL-NTPC joint venture for building nuclear plants in Rajasthan
The government has approved a joint venture between NPCIL and NTPC to construct four 700 MWe nuclear power plants at Mahi Banswara in Rajasthan. The new entity, Anushakti Vidyut Nigam Limited (ASHVINI), will be a subsidiary of NPCIL with a 51% stake. This project aims to boost India's nuclear power capacity to meet its Net Zero targets by 2070.
Adani Power to invest Rs 18,000 crore to triple Kawai Plant capacity
Adani Power plans to triple the capacity of its Kawai power plant in Rajasthan, investing up to ?18,000 crore. The expansion will increase the plant's capacity from 1,320 MW to 4,520 MW. The company is also setting up new plants and expanding existing ones across India as part of its strategy to double thermal power capacity.
BHEL secures Rs 11,000 cr contract for three supercritical power projects from Adani Power
Bharat Heavy Electricals Limited (BHEL) announced a contract with AdPower Limited (APL) and its subsidiary Mahan Energen Limited (MEL) for developing three Supercritical Thermal Power projects worth over Rs 11000 crore, excluding GST. The agreement, signed on Sunday, entails the supply of critical equipment and supervision of the erection and commissioning processes for the projects.
Adani Power gets NCLT¡¯s nod to acquire Lanco Amarkantak Power for Rs 4,101 crore
Adani Power Ltd's resolution plan to acquire Lanco Amarkantak Power Ltd (LAPL) has been approved by the Hyderabad bench of NCLT. Adani Power intends to pay Rs 4,101 crore to take over the distressed company, which has admitted liabilities of Rs 15,633 crore.
BHEL gets 1,600 MW thermal power project from Damodar Valley Corporation
BHEL has obtained a 1,600 MW project from Damodar Valley Corporation, set to be developed in Jharkhand's Koderma district. This coal-based power unit will be executed on an EPC basis and includes two 800 MW units. This project, the first of its capacity for DVC, will be built near existing units.
Adani Power plans capacity expansion via inorganic route
Adani Power Ltd. (APL) is ramping up its capacity expansion efforts, targeting an increase of 4,800 MW through both inorganic acquisitions and brownfield projects, as outlined by CEO Shersingh B Khyalia. The company is advancing three major projects: two expansions in Chhattisgarh at Raipur and Raigarh, and a new 1,600 MW plant in Uttar Pradesh through its subsidiary Mirzapur Thermal Energy. APL is also seeking approval from the National Company Law Tribunal (NCLT) for the resolution plans of Lanco Amarkantak and Coastal Energen, which would add 3,120 MW to its portfolio.
Axis Securities initiates coverage on NLC India, sees upside potential of 15%
NLCIL has ambitious capacity expansion plans. It earns a fixed return on equity of 14% on its captive mining segment and 15.5% on its power generation segment. The power plants have long-term PPAs with a regulated two-part tariff structure. This takes care of the recovery of all fixed expenses, including debt obligation.
Coal based power capacity needs investment of Rs 6.67 lakh cr to meet demand by 2032: Power Ministry
The Power Ministry has announced a plan requiring a Rs 6.67 lakh crore investment to reach the estimated electricity demand by 2031-32. The Central Electricity Authority determined that the country needs a coal & lignite installed capacity of 283 GW. The country currently produces 217.5 GW. The Government of India aims to add at least 80 GW of coal-based capacity by 2031-32, alongside a push for non-fossil fuel-based electricity generation to reach a target of 50 per cent by 2030. Currently the figure stands at 45.5 per cent.
Budget 2024: What are power sector's expectations from FM Nirmala Sitharaman?
Budget 2024: With anticipated economic growth and a focus on energy transition, India¡¯s power sector is a top priority for the government. The nation is targeting 500 GW of renewable energy by FY30 and an additional 85 GW of thermal capacities by FY32. ET examines the challenges faced by the sector and its budgetary wishlist.
Budget 2024: Hi-tech thermal plants may get Rs 6,000 cr viability support
Budget 2024: The Union budget for 2024-25 is expected to include a support scheme for setting up 800 MW coal-based power plants using Advanced Ultra Supercritical (AUSC) technology. The finance ministry is evaluating a proposal for ?6,000 crore viability gap funding (VGF) and a ?3,500 crore payment security mechanism for electric buses. The project, based on indigenous technology developed by a consortium of Bharat Heavy Electricals Limited, Indira Gandhi Centre for Atomic Research, and NTPC, is expected to cost upwards of ?15,000 crore at completion.
Thermal plant load factor to remain healthy at 70 pc in FY'25 on power demand growth of 6 pc: ICRA
ICRA projects a stable outlook for the thermal power segment with a 70% thermal plant load factor expected in FY2025, driven by 6% power demand growth.
India set to see biggest jump in coal-fired power in a decade
India is set to add 15.4 gigawatts of new coal power capacity this year, the most in nearly a decade, to meet rising electricity demand. Despite clean-power goals, coal remains vital due to economic growth and severe heat waves. Challenges in energy storage hinder renewable expansion, with slow progress in alternative technologies.
Load More
