Monday, August 11, 2008

Adani in power purchase deal with Maharashtra State for 1320MW

Adani in power purchase deal with Maharashtra State Electricity Co - sensex,nifty,market
Adani Power Ltd (APL) said it has received the Letter of Intent (LoI) from the the Maharashtra State Electricity Company Ltd (MSECL) for supply of 1,320 MW of electricity, to be generated with domestic coal at Mundra, under competitive bidding process at Rs 2.64 a unit.

The company has already signed two power purchase agreements (PPAs) with Gujarat Urja Vikas Nigam Ltd (GUVNL) for the supply of 1,000 MW of power produced from the Mundra I and II power projects, and another 1,000 MW from the Mundra III at Rs 2.89 a unit (with imported coal) and Rs 2.35 a kilo Watt hour (kWh) or an unit (domestic coal) respectively.

Recently, Adani Power had received LoI for supply of 1,311 MW of power, also to be generated at Mundra, from Haryana Power Generation Corporation Ltd (HPGCL) at Rs 2.94 an unit (imported coal). With this, Adani Power has completed tie-ups of long-term PPAs of more than 4,500 MW. The company is setting up total generation capacity of about 9,900 MW and with this LoI, the long-term tie-up of nearly half of the output from its various generation plants has been achieved, the company spokesman said here.

The company has six coal-fired thermal power projects under various stages of development or planning, with a combined power generation capacity of 9,900 MW at a cost of around Rs 43,000 crore. It intends to sell power under a combination of long-term power purchase agreements to industrial and State-owned consumers as well as on merchant basis.

The Adanis have been able to provide competitive bids as they have presence across the entire value chain of power business. They have coal mines in Indonesia for power plants at coastal location like Mundra and at Lohara (Maharashtra) for inland location like Tiroda.

In addition, the company has placed orders for two Capsize ships for ferrying coal. APL is the largest importer for merchant coal in India at present and is also planning to set up the world’s largest coal import terminal to handle over 30 million tonnes of coal at Mundra.

Saturday, August 9, 2008

Power crisis looms large as key thermal stations starve for coal

The Hindu Business Line : Power crisis looms large as key thermal stations starve for coal
Power crisis looms large as key thermal stations starve for coal

Overall coal shortage situation at an all-time high.

Anil Sasi

New Delhi, Aug 8 The coal shortage situation that has been brewing across the country’s thermal power stations has taken a turn for the worse, with at least six major thermal power stations across the country reporting that they have run out of coal stocks.

Of these, four stations – the 2000 MW Singrauli, the 2,600 MW Ramagundam, the 3,000 MW Talcher and 1,840 MW Kahalgaon – are operated by state-owned NTPC Ltd, which has communicated to the Centre that the utility is being forced to generate power based on day-to-day coal supplies at its plants and that some of its larger power stations could be shutdown if the situation does not improve fast.

The overall coal shortage situation across the country is at an all-time high, with 44 of the 77 thermal stations in the country reporting “critical stocks” required for below a week’s operations, of which 24 have supercritical stocks of under four days.
Low production

The shortages, according to the power utilities, are on account of a lower coal production by Coal India Ltd, mainly with excessive monsoon rains throwing production schedule out of gear at several coal fields, especially those in the eastern region. Higher than anticipated power generation at some stations and unloading constraints at others, combined with low levels of coal imports, have compounded the problem further. Besides, low coal supplies to its Farakka and Kahalgaon plants has been due to consistent break down of the coal handling system and non-operation of silos.

“We are forced to regulate generation based on day-to-day coal supplies and most of out key stations are facing the threat of closure. We have already asked for the Government’s intervention in directing Coal India Ltd to take action quickly or we are headed towards a major power crisis,” an NTPC official said. On August 5, for instance, NTPC’s generation at 500 million units was down by over five per cent, while Damodar Valley Corporation’s (DVC) thermal generation over 36 per cent below that target set for the day due to coal shortages, according to latest data.
Tougher Imports

To worsen matters, the import option for the country’s utilities is increasingly getting tougher as China, which is also facing low domestic reserves and acute power shortage, has stepped up coal purchases internationally. The resultant rise in the global spot prices of coal, which have shot up to over $140 per tonne in Australia and above $125 per tonne in South Africa, is further styming plans by Indian utilities to use imported coal to tide over shortages. According to official sources, NTPC has been unable to make any substantial coal imports in April and May despite the looming shortage situation.

Power utilities in the Northern and the Eastern region have been worst affected by the coal shortages. Besides NTPC stations, the other utilities that have been badly hit include Andhra Pradesh Power Generation Company Ltd (the 1,260 MW Dr N Tata Rao and 840 MW Rayalaseema thermal stations) and DVC’s 340 MW Durgapur and West Bengal SEB’s 450 MW Bandel station are among those that have run out of coal stocks.

Thermal stations are normally expected to hold coal stocks of between 15 and 30 days, depending on the location of the project. While pithead stations should hold stocks of 15 days or more, stations located away from the mine are expected to hold coal stocks for 21 to 30 days.

JSW to foray into power distribution

(http://www.indiainfoline.com/news/innernews.asp?storyId=75731&lmn=1)

India Infoline News Service / Mumbai Aug 08, 2008 11:17

JSW is setting up a 1,200 MW project at Jaigad, in Ratnagiri district, of Maharashtra and the SPV will evacuate power from this plant

JSW Energy is reportedly planning to invest Rs4.75bn on setting up a 400-kv transmission evacuation system in Maharashtra in a joint venture (JV) with Maharashtra State Electricity Transmission Company (Mahatransco).

According to reports, JSW will have a 74% stake in the proposed JV while the balance 26% will be held by Mahatransco. JSW is setting up a 1,200 MW project at Jaigad, in Ratnagiri district, of Maharashtra and the SPV will evacuate power from this plant, reports add.

S.S. Rao joint MD & CEO of JSW Energy said that the debt equity ratio for the Maharashtra project is 70:30 and the debt portion has already been tied up. The SPV has applied for becoming a transmission license in the state.

According to reports, Sajjan Jindal, Vice Chairman & MD of JSW Steel says that JSW Energy is talking to Karnataka government for a similar project.


Wednesday, August 6, 2008

D2E Editorial on Indian Environmental Struggles

Learn to walk Lightly
Aug 15, 2008

n Sikkim, bowing to local protests, the government has cancelled 11 hydro-electric projects. In Arunachal Pradesh, dam projects are being cleared at breakneck speed and resistance is growing. In Uttarakhand last month, 2 projects on the Ganga were put on hold and there is growing concern about the rest. In Himachal Pradesh, dams are so controversial that elections were won where candidates said they would not allow these to be built. Many other projects, from thermal power stations to Greenfield mining, are being resisted. The South Korean giant posco’s iron ore mine, steel plant and port are under fire. The prime minister has promised the South Korean premier the project will go ahead by August. But local people are not listening. They don’t want to lose their land and livelihood and do not believe in promises of compensation. In Maharashtra, mango growers are up in arms against the proposed thermal power station in Ratnagiri.

In every nook and corner of the country where land is acquired, or water sourced, for industry, people are fighting even to death. There are wounds. There is violence. There is also desperation. Like it or not, there are a million mutinies today. Like it or not, there will be two million tomorrow. Unless we understand these protests are not just about politically motivated people stirred up by outsiders and competitors to obstruct development.

I have written this before. After I visited Kalinganagar, where villagers died protesting against Tata’s project, I wrote this was not about competition or Naxalism. These were poor villagers who knew they did not have the skills to survive in the modern world. They had seen their neighbours displaced, promised jobs and money that never came. They knew they were poor. But they also knew modern development would make them poorer. It was the same in prosperous Goa, where I found village after village fighting against the powerful mining lobby, where people told me they were fed up because mining rejects destroyed their agriculture and dried-up their streams. These were educated, even skilled, people. But they did not want to drive the trucks of the miners. They wanted to till their land. Make money. Live well, if not rich.

This is the nub of the matter: we just cannot believe people, poor or relatively rich, do not want to leave their land, when we promise them jobs. We can only see their wretched poverty. We cannot understand their reason.

This article is not about them, but us. It is clear we need dams, steel plants and thermal power projects. These are key to our need to develop. We know this, and so we refuse to understand them. Used to getting our way, we are working to fast-track our development, through fiat. Our response is two-fold. First, we want to change and weaken environmental regulations in the name of streamlining procedures and providing single-window clearances to industry. Last year, the government, under pressure on environmental safeguards, changed the rules of the environmental impact assessment (eia) procedures. The idea was to ‘cut’ red tape and to give fast clearances. There is now pressure to give de-facto clearance to all mining projects that have been given a clearance to prospect for minerals. There are also murmurs about removing thermal projects from environmental clearances. And now, a powerful grouping of real estate movers and shakers are demanding no clearances be required for urban projects—malls, residential areas, whatever.

We also justify this process, saying the institutions that grant clearances are corrupt and incompetent. We do not say these same institutions have been made corrupt because we have promoted procedures for our convenience and access to decision-making. We do not say the eia is not worth the paper it is written on, or that the consultant is given money by us, not to assess a project but to get it cleared. We also do not demand these institutions must be given more staff, more facilities and more ways to do their job.

Second, we lose patience. And with it, we are losing our humanity. Today, people are in a dirty war even as we stoop, to stop at nothing to quell the fight. Our tactics are well rehearsed. We first work on the leaders. If we can’t buy them, we threaten them. If that fails, we hide behind the might of the state to ensure protest is muzzled. But what we should realise, fast, is these strategies are not working. Yes, we get our way in some cases, for some time. But what resentment and anger, even hatred, we create, in our own backyard. We must realise these struggles are not ‘time-pass movements’ (as the slang goes). These are about survival. The fact is in India vast numbers depend on the land, the forests and the water they have in their vicinity for their livelihood. They know once these resources are gone or degraded, they have no way ahead.

This is the environmental movement of the very poor. Here, there are no quick-fix techno solutions in which the real problems can be fobbed off for later. In this environmentalism, there is only one answer: changing the way we do business, with them and with their environment. It will demand we reduce our need and increase our efficiency for every inch of land we need, every tonne of mineral we dig and every drop of water we use. It will demand new arrangements to share benefits with local communities so that they are persuaded to part with their resources for a common development.

If we can listen and learn, maybe this environmentalism of the poor may teach not just us, but the entire world, how to walk lightly on earth. Maybe. Just maybe.

—Sunita Narain
Source: Down to Earth Editor's page Archive
http://www.downtoearth.org.in/editor.asp?foldername=20080815&filename=Editor&sec_id=2&sid=1

Monday, July 21, 2008

Tata Buy Bhutan power

Why nobody interested in such minimal damage projects in India

Tata Power buys 26 per cent stake in Bhutan power project

Mumbai: Tata Power Co Ltd has acquired a 26 per cent stake in Druk Green Power Corporation Ltd (DGPC) - the 114 MW run-of-the-river Dagachhu hydroelectric power project - being developed by the Bhutan government.

The project will be executed through a special purpose vehicle, Dagachhu Hydro Power Corp Ltd (DHPC), it said.

''We are happy to work with the Royal Government of Bhutan on the Dagachhu Hydro Electric Power project. This partnership consists of equity participation and offtake of power by the company and Tata Power Trading Company Ltd respectively,'' said Prasad Menon, managing director of Tata Power.

Tata Power Trading has agreed to purchase all the power generated from the project and Tata Power Trading will offtake power from the project for a period of 25 years. The power will be delivered at India-Bhutan Border.

21 July 2008
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Sunday, July 20, 2008

Oil cos seek review of eco clearance norms

This is what is called Corporate concern for Environment
Oil cos seek review of eco clearance norms

Sanjay Jog
Posted online: Friday , July 18, 2008 at 01:30 hrs
Updated On: Friday , July 18, 2008 at 01:30 hrs
After the power companies, its the turn of oil companies to make a strong argument in favour of amendments to the existing environment clearance guidelines.
In their recent presentation to the petroleum ministry, IOC, BPCL, HPCL, BRPL, MRPL and NRL have said existing guidelines should be eased out in a serious bid to achieve the timely completion of various projects.
These companies have suggested that the terms of reference (ToR) and the methodology for the environment impact assessment (EIA) study should be standardised for different categories of industry and projects.
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Saturday, July 5, 2008

ABB wins INR 295 crore orders from JSW power plant

July 03, 2008


ABB wins orders for JSW power plant

It is reported that ABB in India has won orders worth INR 295 crore to provide power solutions for JSW Energy for its upcoming 1200 MW thermal power plant in Ratnagiri in Maharashtra.

The orders are for a range of power solutions including, electrical balance of plant, 400kV gas insulated switchgear substation and generator transformers.

Mr Biplab Majumder country manager & MD of ABB India said that "We are proud of our long standing partnership with the JSW Group. With this order we continue to build on this relationship. ABB’s power products and systems will ensure safe and reliable operation of the plant while optimizing energy consumption of the equipment."

ABB’s solutions for the project comprise several leading edge power technologies for improved system efficiency. The modular environmental business opportunities program solution for 300MW generating units will provide optimized and integrated solutions for complete plant electricals including shunt reactors, bus ducts, control and relay panels, MV and LT switchgear, other auxiliary systems and four 20kV generator circuit breakers, thus providing a further boost towards GCB scheme usages by thermal power plants in India.

The 400kV GIS substation will provide substantial space saving due to its compact design. With all live parts enclosed and protected against negative influences the gas insulated switchgear ensures enhanced operational reliability and safety.

ABB’s scope of delivery also includes 20/420 kV generator transformers. ABB’s transformers are designed and manufactured for high reliability, reduced life cycle costs and optimized electrical design for minimized losses.
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Source- http://www.blogger.com/post-create.g?blogID=3597601129625728001