The power sector being the largest emitter of CO2 has a key role to play if India wants to achieve its target of going net-zero by 2070. This will mean that we would need to move away from coal-based
Energy Minister Dr Gauri Shankar Shejwar has asked 23 private sector companies to complete the projects entrusted to them soon. MoUs have already been signed with these companies for generation of 26 thousand 800 megawatt power.
Delhi Cabinet has given its nod to Pragati Phase-III Bawana Power Project to be commissioned at an estimated cost of Rs 5195.81 crore. Prime Minister Manmohan Singh had laid the foundation stone of the 1500 MW Gas Based Power Station on March 24 this year. The project would meet the growing demand of power in the city and cater to the requirements for Commonwealth Games 2010. The decision was taken on Monday in a Cabinet meeting presided over by chief minister Sheila Dikshit.
Efforts are on to increase electricity generation in the state thereby making it self-reliant in respect of its power requirements. In this direction, the two new units at Sarni would generate 500 megawatts electricity additionally in the next three years.
Cairn India on Wednesday said it will invest about $2 billion in the country over the next 18 months for developing oil fields and building a pipeline that will deliver oil from Barmer in Rajasthan to the coastal areas of Gujarat. "Out of the $2 billion investment, $1.8 billion will go in Rajasthan alone and the remaining will be used for other blocks in other parts of the country,' Cairn India chairman Bill Gammell said at the company's annual general meeting here. Cairn India is developing three fields in Rajasthan
Subhash Narayan NEW DELHI RELIANCE Power has zeroed in on Shanghai Electric, a $7-billion electrical and engineering equipment company of China, for sourcing primary equipment for Sasan ultra mega power project (UMPP). The Chinese major, which is planning to enter India in a big way, will supply boilers, turbines and generators (BTG) to the Madhya Pradesh-based UMPP. The supply contract is likely to be signed in the next few days.
Electric equipment major Bharat Heavy Electricals (Bhel) has bagged a Rs 506-crore contract from Oil & Natural Gas Corporation (ONGC) for upgrade of drilling rigs. According to the contract, Bhel would upgrade 12 onshore drilling rigs and supply new rig equipment to ONGC, the company said in a release on Thursday. The work would also includes overhauling of rotating and hoisting equipment, revamping electrical systems and site erection and commissioning of these equipment.
Most of the southern and western States, and even the normally surplus States in the north-east, are now going through a major power crisis. Power generation has suffered because of poor hydel storage, thanks to a truant monsoon. Compounding the problem, States that usually come to the help of large consumers in such a predicament have themselves run into difficulties in thermal generation on account of vagaries in coal supply. As a result, States like Maharahstra, Andhra Pradesh, Karnataka, and Kerala have to contend with a major shortage.
DIVERSIFICATION PLAN Law Kumar Mishra | TNN Dhanbad: The public sector company Coal India Ltd has decided to enter into power production and has signed three MoUs with different electricty boards in Uttar Pradesh, Chatisgarh and Tamil Nadu for setting up 1000 megawatt capacity plants in the three states. However, the implementation of the power projects would be taken up after three years as CIL has resolved to concentrate on increasing coal production, CIL chairman, Partho S Bhattacharya told the TOI on Monday.
GUJARAT State Petroleum Corporation has discovered another gas reserve in the hydrocarbon-rich Krishna Godavari (KG) basin, on the eastern coast. The company, however, is very tight lipped about the size of the discovery. The gas discovery was made in the new well of deepwater block of KG 22. The company recorded gas flow at the rate of 27.3 million cubic feet per day through a choke of 28/64 inches. GSPC managing director D J Pandian told ET, "We have again discovered gas. The flow rate is good. The size of the discovery could only be ascertained after the testing results.'
The Private Power Infrastructure Board (PPIB) has barred the Sindh government from entering into any joint venture with investors for a 1000 MW coal-fired power plant without prior consultation with the power purchaser, well-placed sources told Business Recorder.
