Reliance Power wins Rs 390 cr arbitration against Indonesian coal group

Reliance Power said it has been awarded damages of $56 Million, or about Rs 390 cr, by an arbitration panel in Singapore in relation to the acquisition of three mines in Indonesia. Reliance Power, an Anil Ambani Group company, had signed an agreement with Indonesia’s Sugico Group eight years ago to acquire three coal mines. […]

BHEL gets Rs 137 cr order from NTPC for pollution retrofit

Government-controlled infrastructure equipment maker Bharat Heavy Electricals Limited (BHEL) said it has been awarded a Rs 137 cr renovation and modernisation order for a pollution control system at NTPC Ltd’s Ramagundam Super Thermal Power Station. The order is for the modernization of the plant’s electrostatic precipitator (ESP), a device that removes suspended dust particles from a […]

Reliance Infra gets nod to increase coal mining at Sasan Power Project

Reliance Infrastructure, the construction and infrastructure arm of the Anil Ambani Group, said it got permission from the ministry of coal to increase its coal mining by about 6%. Sasan Power Project “has received permission from the ministry of coal, government of India.. to increase coal mining from 17 mln tonne per annum to 18 […]

Tata Steel buys 74% of Orissa power plant from Jasper Ind for Rs 255 cr

Tata Steel said it has completed the acquisition of a 135 MW power plant from a subsidiary of Jasper Industries for Rs 255 paid in cash. The thermal power plant, located in Cuttack district in Odisha, will help it increase its captive source of power to meet its growing demand, it said. The acquired company […]

JSW Steel to build Rs 2,100 cr pipeline to import iron ore from Eastern India

JSW Steel Limited said the company’s board has approved a plan to build a pipeline from its Vijayanagar plant in Karnataka to the coast to facilitate the import of cheaper iron ore from Odisha and Eastern India. “This Slurry Pipeline can be set up within 24 months at an estimated cost of Rs 2,100 crores. […]

JSPL wins 0.5 mtpa coal linkage for captive power plants

Jindal Steel and Power said it secured coal linkages of 511,000 tonnes per year in a recently concluded auction for the use of its captive power plants. “The coal linkages, secured for a 5-year duration, will provide steady supply of fuel to captive power plants run by the company for its steel-making operations,” JSPL said. […]

NTPC starts 660 MW Solapur Super Thermal Power Project in Maharashtra

NTPC Ltd, India’s largest power producer, has taken its total installed production capacity beyond the 51,000 MW mark with the addition of the 660 MW Solapur Super Thermal Power Project in Maharashtra. The total capacity of the NTPC Group has become 51410 MW, including 20 coal based, 7 gas based, 10 solar PV, one Hydro, […]

BHEL commissions 800 MW supercritical coal unit in Karnataka

Bharat Heavy Electricals Limited (BHEL) commissioned an 800 MW coal-based supercritical thermal unit at the  Yeramarus Thermal Power Station located in Raichur district of Karnataka, the heavy equipment maker said. The plant is a joint venture between BHEL and Karnataka Power Corporation Limited and now has a capacity of 1600 MW. With this, BHEL has supplied […]

After missing twice, India comfortably meets power sector targets for 12th five-year plan

After missing its targets by wide margins in the previous two five-year plans, India is all set to comfortably meet or exceed all its power sector targets for the 12th five-year plan that ends this month. Five-year plans, borrowed from the Soviet Union, are a legacy of Nehruvian policy of setting development targets every five […]

Power companies to save Rs 2,500 cr/yr as coal linkage rationalization expands

The amount of money estimated to be saved by power companies in India due to the rearrangement of coal supplies has risen to Rs 2,503.50 cr per year, according to power ministry sources. The program of swapping coal sources, known as ‘coal linkage rationalization’, is in its third phase. The first phase, which was carried out […]

18,420 megawatt of thermal power projects face funding difficulties in India

A large chunk of under-development coal-based power units have their construction stalled due to the paucity of funds, according to numbers obtained from the power ministry. In total, projects that have a design capacity of 18,420 megawatt, or 18.42 gigawatt, are classified as ‘stalled’ due to financial reasons, the ministry said. This is equivalent to […]