Category: Thermal

September 14, 2015

Thermal Powertech Corporation India (TPCIL) today said it has successfully commenced full commercial operations of the 1,320-MW Krishnapatnam power plant following completion of its second 660-MW unit. TPCIL is a joint venture between Gayatri Energy Ventures, a wholly-owned subsidiary of Gayatri Projects, and the Singapore-based Sembcorp Utilities. “Power being generated from 660-MW Phase II is also largely sold out to existing customers, and longer term arrangements are in the process of being firmed up,” the company said in a press release. According to the statement, the first phase of the about USD 1.5 billion coal-fired power plant, commissioned earlier this year, generated more than 800 million units during the quarter ended June 30.

Phase-I of the project is operating at around 90-100 per cent plant load factor levels since May 2015. It is already supplying power to Andhra Pradesh and Telangana discoms under a long-term power purchase agreement. “We are pleased to announce the successful commissioning of the second phase, which marks the completion of our maiden power project,”

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September 9, 2015

JSW EnergyBSE 5.12 % Limited entered into a binding agreement with Jaiprakash Power Ventures Limited to acquire Bina Thermal Power, the company said in a statement. ET has first reported this news on Monday. JSW Energy, a part of $11 billion Sajjan Jindal group also concluded its acquisition of two hydro assets from Jaiprakash Power Ventures Limited. They had entered into a binding agreement in November 2014. “This is the largest transaction in the power sector in the country and two of JPVL’s most prized assets are going to JSW Energy Limited, another notable player in the power sector,” said Manoj Gaur Chairman, Jaypee Group. “This closure, evidenced Jaypee Group’s focus of reducing its debt and emerging as a leaner & more profitable corporate”, he added.

“JSW Energy has concluded the acquisition of 100 per cent of the securities of Himachal Baspa Power Company Limited which has two operating hydro power assets— 300 MW Baspa – II and 1091 MW Karcham Wangtoo for an asset value of Rs 9275 crore”, JSW Energy said in a statement to Bombay Stock Exchange. An additional consideration of Rs 300 crore may become payable upon receipts of certain additional consents and approvals related the Karcham Wangtoo on or before September 6, 2020, the statement added further. The acquisition marks the entry of JSW Energy in hydro power generation business besides making it the la

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September 9, 2015

Sajjan Jindal-controlled JSW Energy and Jaiprakash Power Ventures on Tuesday announced they had entered into a binding memorandum of understanding (MoU) to acquire 100 per cent stake in the 500 megawatt (Mw) Bina thermal power plant located in Madhya Pradesh. Both sides did not disclose the transaction value, however, analysts estimate the project cost at around Rs 3,500 crore. The actual deal value will depend on the final power purchase agreement (PPA) between JSW Energy and the power consuming states.

According to analysts, this transaction will not impact JSW’s debt while JP Group’s debt would stand at around Rs 45,000 crore. In addition to this, the company concluded the acquisition of 100 per cent stakes in 300-Mw Baspa II and 1,091-Mw Karcham Wangtoo hydro electric power projects from Jaiprakash Power. These assets are valued at Rs 9,275 crore.

The company in a release said: “An additional consideration of Rs 300 crore may become payable upon receipt of certain additional consents and approvals related to Karcham Wangtoo hydro electric power project on or before September 6, 2020.” Further, Jaiprakash Power Ventures has paid a compensation of Rs 150 crore to Himachal Baspa Power Company, with profit and loss from these plants accruing to JSW Energy from September 1, 2015. SBI Capital and Axis Capital were the financial adviso

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August 18, 2015

Thermal Powertech Corp Ltd(TPCIL) today said that it has synchronised second 660-MW unit of its coal-fired power plant in Krishnapatnam, Andhra Pradesh.

“TPCIL, which owns and operates a 1,320-megawatt coal-fired power plant in Krishnapatnam, today successfully synchronised the second 660-megawatt unit of its plant to the grid,” the company said in a statement. With this synchronisation, the plant is expected to commence full commercial operation by next month, taking the total operational capacity to 1,320 megawatts.

The first 660-MW unit of the plant began commercial operation in February 2015. “The synchronisation of our second unit is a significant milestone and brings us another step closer to the full completion of our power plant, which is expected to be in Q3 2015. With this, the plant will be fully operational with gross generation capacity of 1,320 megawatts,” TOCIL CEO Atul Nargund said.

With a total investment cost of approximately USD 1.5 billion, the power plant utilises supercritical technology, which allows enhanced efficiency and reduced emissions compared to other conventional coal-fired power plants. TPCIL is 67.4 per cent owned by Sembcorp Utilit

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August 7, 2015

State-run BHEL today said it has commissioned a 500 MW Unit of NTPC’s Vindhyachal Super Thermal Power Station in Madhya Pradesh.

“Bharat Heavy Electricals Limited (BHEL) has added one more coal-based power plant to the grid by successfully commissioning the 500 MW Unit-l3 of Vindhyachal Super Thermal Power Station (STPS), Stage-V of NTPC,” the company said in a regulatory filing.

The project is located in Vindhyanagar in Singrauli district of Madhya Pradesh, it added.

BHEL has earlier commissioned six units of 500 MW each at Vindhyachal power station, it said.

“With the commissioning of this unit, BHEL has now commissioned 7 sets of 500 MW aggregating to 3,500 MW, the highest by BHEL in a power project,” it added.

BHEL’s scope of work in the contract envisages design, engineering, manufacture, supply and erection besides, commissioning of steam generator and steam turbine generator along with associated auxiliaries, controls and instrumentation, it said.

The equipment for the project was manufactured at BHEL’s Trichy, Ranipet, Haridwar, Hyderabad, Bengaluru and Bhopal plants, while the company’s power sector-western region undertook erection and commissioning of the equipment.

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August 3, 2015

The Centre has identified 200 large pithead and coastal sites for setting up of thermal power projects with likely gross generation capacity of over four lakh megawatt, Parliament was informed today.

“Yes, Sir. Central Electricity Authority (CEA) had got the studies conducted for identification of large pithead and coastal sites based on satellite mapping using remote sensing technology,” Power Minister Piyush Goyal said in a written reply to Rajya Sabha today.

He was replying to a question whether studies have been conducted to explore or find out the feasibility of setting up of thermal power projects in the country.

The minister said, “A total number of 200 potential sites with likely gross installed capacity of 4,28,905 MW have been identified… This include two coastal sites, namely, Divigi and Honavar in districts Uttar Kannada, Karnataka.”

After the enactment of the Electricity Act 2003 generation of electricity has been de-licensed. As such Techno-Economic clearance by Central Electricity Authority is not required for setting up of thermal power projects in India, he added.

In a separate reply to the House, the minister said that government has planned power generation capacity addition of 1,18,537 MW (including 88,537

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May 4, 2015

National Thermal Power Corporation Limited (NTPC) formed a JV with the government of Jharkhand to build 4,000 MW thermal power plant, the largest in  India. NTPC would set up a combined project with Jharkhand Bidyut Vitaran Nigam Ltd for the projects and also for reviving the Patratu Thermal Power Station (PTPS) in Jharkhand. The power producer would have 74 percent stake in the JV while the Jharkhand government will enjoy 26 percent stake. The company, in a statement said “It will help build an efficient super critical project of 4,000 MW in two phases, provide cheap and affordable 24X7 power supply to every household and adequate power for farmers in Jharkhand. The initiative will also escalate the earning opportunities to several service providers to this ‘important project of the size of a UMPP”. The facility will be constructed in two phases where the initial phase, capable of generating of 4,000 megawatts was announced on Sunday while the next phase, to generate 2,400 megawatts will be declared later on. The MoU (Memorandum of Understanding) was signed in the presence of Power Minister Piyush Goyal and Jharkhand Chief Minister Raghubar Das in Ranchi.

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April 30, 2015

Bharat Heavy Electricals ( BHEL) said that it has commissioned the first 500 MW unit at the Chandrapur Super Themal Power Project in Maharashtra. In a statement the company said “BHEL has successfully commissioned the first 500 MW unit at the 2×500 MW Chandrapur Super Themal Power Project, Stage 3 of Maharashtra State Power Generation Company in Maharashtra.” It added, “Work on the second 500 MW unit of stage 3 of the project is going on and the unit is expected to be commissioned in financial year 2015-16.” As per the statement, BHEL’s scope of work in the contract envisaged design, engineering, manufacture, supply, erection and commissioning of steam turbines, generators and boilers, along with associated auxiliaries and electrical.The company also said that it has been a partner in the power development of Maharashtra and contributed more than 15,000 MW of generating capacity, the highest for any state.

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January 29, 2015

According to a company statement, Bharat Heavy Electricals Ltd (BHEL) has commissioned 600 MW thermal power project in Odisha. The unit was commissioned at Jindal India Thermal Power Ltd’s upcoming 2×600 MW thermal power project at Derang in Angul district of Odisha, Sources say “This is the second unit of the pit-head project commissioned by BHEL.” The first 600 mw unit was commissioned by it in May last year. It added  that BHEL’s scope of work in the contract includes design, engineering, manufacture, supply, erection and commissioning of steam turbines, generators and boilers along with associated auxiliaries and electrical besides controls and instrumentation.

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January 26, 2015

According to Chairman and Managing Director, Surender Mohan, Neyveli Lignite Corporation,the first unit of the thermal power station-II expansion project has reached the full load and would be commissioned by this month end. He said that  the thermal power station-II expansion project’s Unit-I has reached full load on January 6. “The first Unit will be commissioned by this month end.” Also, 2 x 500 MW units of NTPL thermal power project is expected to be commissioned after obtaining the approval of the Ministries concerned. The contracts for Neyveli New Thermal Power Station (2 x 500 MW), a replacement of the existing thermal power station-I, were awarded for all the three major packages and project activities have commenced. .The units are expected to be commissioned during 2017 and 2018.

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