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PFS to acquire stake in Singapore’s Asian Genco

PTC India Financial Services  will swap its holding in East Coast Energy, a part of Asian Genco, for a stake the in latter firm.

PFS to acquire stake in Singapore’s Asian Genco

PTC India Financial Services  will swap its holding in East Coast Energy, a part of Asian Genco, for a stake the in latter firm.

Delong completes 15MW co-generation power plant in Hebei, China

The power plant reduces the Group’s total coal usage by about 36,000 tons, saving the company an estimated RMB 40m a year.

GE partners with AB InBev for water and energy efficiency initiatives in China

AB InBev targets to decrease CO2 output and reduce the water-to-beer ratio to 3.5 by 2012.

Techno Electric commissions 101.4 MW energy through wind power

The Kolkata-based company plans to enhance power generation capacity by another 12.6 MW by October 2011.

Sunseap Group to supply 2MW solar power in Punggol town, Singapore

Its subsidiary won the Housing Development Board’s tender to install and supply photovoltaic rooftop solar system in Punggol eco-town.

Public power firms see debt spike on higher production costs: report

South Korea's state-run energy companies saw their debt grow sharply over the past five years as rising raw material prices drove up overall production costs, a report showed Monday. According to the report submitted by the Ministry of Knowledge Economy for a parliamentary audit, Korea Electric Power Co. (KEPCO), the nation's sole power supplier, posted 33.4 trillion won (US$29.9 billion) in debt last year, up from 20.6 trillion won tallied in 2006.

JSPL's 900 MW CPP in trouble over delayed RoW for water pipeline

Mahanadi Coalfields Limited (MCL) has still yet to approve Jindal Steel and Power Limited`s (JSPL) request for the Right of Way (RoW) needed for laying a water pipeline through the villages of Bhalugadia, Pirakhaman and Kankarie in Orissa, which comes under the command area of the coal company. The private company intends to use the conduit to supply water to its 6 MTPA steel and 900 MW power plant located in the Angul district of the state. JSPL has maintained that it has already entered into an agreement with the Department of Water Resources (DoWR), Government of Orissa, for drawl of water from the river Brahmani and has paid a sum of Rs 1,42,70,000 towards the cost of the same. Further, since DoWR has allowed drawing of water only from Brahmani for the next season, JSPL is now required to lay the pipelines at the earliest, the firm has contended. Any further delays may therefore, push the project off schedule. Claiming that it has already procured all necessary clearances for the implementation of the project and that process of land acquisition and alienation for the remaining areas are in an advanced stage of completion, JSPL has now sought the coal ministry`s intervention for a speedy resolution of the matter.

Non-completion of critical milestones spells disaster for NHPC's Subansiri Lower HEP

The recurring problems associated with the dam works and other critical activities at NHPC's 2000 MW Subansiri Lower hydro electric project (HEP), situated near North Lakhimpur, on the border of Assam and Arunachal Pradesh, has pushed back the commissioning date to August 2014. Furthermore, the delay in signing of the Memorandum of Understanding (MoU) with the State government of Assam has added to the woes of NHPC, which is already struggling to complete the works associated with the critical milestones. The hydro mechanical contractor has almost completed the heading excavation of the head-race-tunnel (HRT). On the other hand, more than half of benching excavation still needs to be finished. Power house concreting is progressing slowly, with only 2,690 cum out of 10,000 cum laid out during the month of August. Moreover, merely 9% of pressure shaft liner and 12% of intake gate 7 have been erected. The Subansiri Lower HEP, with 8 units of 250 MW, each, is a run-of-river scheme, on the river Subansiri. Apart from a 116 m dam, the project involves construction of eight 1,168 m horseshoe-shaped head race tunnels (HRT) of 9.5 m diameter, eight pressure shafts, a surface power house to accommodate eight Francis turbines, along with a 206 m long tail race tunnel (TRT).  

NTPC gains on commencement of 500 Mw thermal power project

State owned power generator National Thermal Power Corporation (NTPC) is trading higher by more than 2 per cent at Rs 168 after commencement of 500 Mw thermal power project. “The Unit 3 of 500 Mw of Simhadri super thermal power project is declared on commercial operation w.e.f. 00:00 hours of September 16, 2011,” the state-owned power company said in a filing to the stock exchanges. “With this the commercial capacity of Simhadri is 1500 Mw and that of NTPC is 30,330 Mw,” it added.

Lee rebukes electricity officials over nationwide blackouts

President Lee Myung-bak of South Korea harshly rebuked electricity officials over the nationwide blackouts after an investigation showed that a wrong demand forecast caused the accident.

Rise in fuel prices pushes PSPCL's power purchase cost for Q1 FY12

Change in the fuel cost of central generating stations operated by NTPC and National Power Corporation (NPC) has led to an increase in the power purchase cost (PPC) of Punjab State Power Corporation Limited (PSPCL) for the first quarter (Q1) of the ongoing fiscal.

Gujarat gets $100M ADB loan for solar power facilities

Asian Development Bank has granted a $100 million loan to the Indian state of Gujarat to support acceleration of work at new large-scale solar power facilities.

GMR Infra to sell 30% stake in Singapore-based Island Power

GMR Infrastructure is expected to sell a 30% stake in its Singapore-based Island Power.

Lauren Jyoti wins contract to build Indian solar plant

Godawari Green Energy has awarded a Rs5.51bn or $115.1 million contract to Lauren Jyoti to build a 50MW solar thermal power plant in Rajasthan, India.

China Resources Power’s net generation up 13% to 10,261,632 MWh in August

And total net generation for the first eight months of 2011 increased by 20.9% to 74,590,083 MWh.

Tenaga to pay $990M more for power generation after gas shortage

Malaysia's Tenaga Nasional expects to pay 3 billion ringgit or $990.6 million in extra costs for power generation this year if the current gas shortage is not resolved, reports Reuters.

CIL subsidiaries to supply coal to seven projects

Coal India Limited has called for supply of coal to power stations for meeting their input requirement.