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
Tata Power acquires 26% in Bhutan hydro project Mumbai: Tata Power on Monday said it has acquired 26% stake in 114 MW hydro-power project and will deliver the generated power at the India-Bhutan border. The company has bought 26% stake in the project, while Tata Power trading has negotiated to purchase all the power generated from the project, the private sector power utility said in a filing to the Bombay Stock Exchange. "Tata Power Trading will off-take power from the project for a period of 25 years and the power will be delivered at India-Bhutan border,' it added.
Gas shortage has been worrying electricity officials, foreign financiers and private entrepreneurs about the future of power plants, already in the pipeline or even in operation. Many cannot rest assured of required gas supply to power plants despite having prior assurance with Petrobangla as the country has been passing through its worst gas crisis in decades. Some are planning to switch over to dual-fuel system so that diesel or furnace oil could be used for keeping the plants operational in case of gas failures, power officials said.
The Hyderabad Electric Supply Company (Hesco) is planning to establish 16 new grids stations in different parts of Sindh so as to ensure uninterrupted power supply to consumers, said the Chief Executive Officer of Hyderabad Electric Supply Company, Guftar Anjum.
Sudheer Pal Singh / New Delhi August 21, 2008, 0:23 IST Central Electricity Authority data reveal that orders for some higher capacity (500-800 Mw) equipment have not been placed India is set to miss the 11th Five-Year Plan's power capacity addition target as some orders for higher-capacity equipment have not been placed yet. Experts say even if the orders are placed today, it is not possible to commission the equipment within the 43 months that remain of the current Plan period, which ends in March 2012.
New Delhi Signs Pact With Bogota To Facilitate ONGC, OIL, Gail & RIL To Acquire Oil & Gas Assets Our Bureau NEW DELHI INDIA has strengthened its ties with the fifth-largest oil-producing country, Colombia, by signing an agreement that would facilitate public sector ONGC and Oil India (OIL) to acquire oil and gas assets in that country. Colombia has also invited Indian companies, including Gail (India) and Reliance Industries (RIL), to invest in its refining sector.
This study aims to reveal Sub-Saharan Africa
Mumbai: The beleaguered Gujarat Mineral Development Corporation (GMDC), which has seen its scrip fall sharply in September, is facing the dark shadow of Lehman Brothers over its power project in Chattisgarh. GMDC has a joint venture with KSK Energy to set up a 1800 MW coal-based power project at Korba. Almost 30% of equity in the Hyderabadbased KSK is held by the fallen US financial giant.
Subhash Narayan NEW DELHI
P B Jayakumar / Mumbai October 22, 2008, 0:45 IST Anil Dhirubhai Ambani Group (ADAG) company Reliance Power (R-Power) has tied up with the IDBI Bank-led consortium of domestic banks to secure the debt portion for the second phase of the 600-MW Rosa Power project in UP
NEW DELHI: Anil Dhirubhai Ambani-owned Reliance Power is all set to commission the first phase of the 600 MW Rosa Power project in 2009, almost a year ahead of schedule. The project is being executed by Rosa Power Supply Company, a wholly-owned subsidiary of Reliance Power, and funding for Phase-I and Phase-II has also been tied up.
