Search Result for : Thermal Power

By Abin Daya The power sector in India is one which has been classified as a ‘negative’ industry by a number of lenders due to the woes surrounding ailing thermal power producers. However, the renewable energy segment was always looked upon favourably due to the phenomenal growth exhibited in the past few years. This segment too might be going through a period of change as we see in this week’s update. While wind energy might be looking at a period of slow growth, changes in duty structures are what the solar power generators might have to encounter. On the infrastructure side, some good news for developers who have been trying to avail financing for projects under the Hybrid Annuity Model. While lenders ...

The Dollar Business Bureau The Government said on Sunday that it is targeting to bring down the imports of thermal coal to ‘zero’ of power public sector units (PSUs) such as NTPC Ltd in this fiscal, a step that will help in cutting down the import bill of the country by about Rs.17,000 crore. “This year we want that coal import by these plants (of public sector companies) should be brought down to zero and slowly we would convince the private sector that there is no need for you to import coal,” Susheel Kumar, Secretary - Coal told the PTI. The government would gradually persuade the private firms to stop the imports of thermal fossil fuel and source their coal requirements through local sources as this is ...

The Dollar Business Bureau Alstom Bharat Forge, the joint-venture company between GE and Bharat Forge Ltd has signed a contract worth $219 million with NTPC. The company will supply two units of 800 MW steam turbine generator islands to the Telangana Super Power Thermal Power Project Phase-1 (TSPTPPP-1) near Ramagundam . A company statement from Alstom said that they will supply two units of 800 MW of ultra-super critical steam turbine generator islands on EPC basis. This will be done along with the related civil work for the TSPTPPP-1 in the Karimnagar district of Telangana. The 800 MW steam turbine generator islands for the power project will be the first with ultra-supercritical parameters that will help in meeting the increasing power demand in ...

The Dollar Business Bureau With India’s coal demand projection for 2019-20 standing at around 1,200 million tonne (MT), the Coal India Limited (CIL) is aiming at 1 billion tonne (BT) production mark for the similar period. CIL, a major public sector unit, has unveiled its roadmap of strategies to attain the said coal production target. While the projected coal demand of the country is expected to grow at the rate of 7%, the CIL is expecting a total contribution of 908 million tonnes from the projects that have been identified so far, said a recent release. And, the process of projects’ identification to share the balance quantity, to top up the one BT mark, is also underway, the release ...

 The Dollar Business Bureau Thermal power plants in India generated 878 BU during the last year, registering 10.83 % growth as compared to the figure of 792 BU a year ago. The government has taken slew of measures to improve power generation capacity in the country, Piyush Goyal, Minister of State, Power, Coal & New and Renewable Energy said in a written reply to a question in the Rajya Sabha on Monday, reported PIB. Re-allocation of coal blocks cancelled by the Supreme Court through auction, supplying adequate natural gas to gas-based power plants and modernization of several units were part of the measures to improve the country’s capacity of electricity generation. A total of 70 thermal generation units with ...