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Infrastructure India to acquire Indian Energy for US $13M

Infrastructure India Plc. is acquiring Indian Energy Plc. in an all-stock deal valued at £7.9 million or US $13 million.

Infrastructure India to acquire Indian Energy for US $13M

Infrastructure India Plc. is acquiring Indian Energy Plc. in an all-stock deal valued at £7.9 million or US $13 million.

RCE approval likely to push Nimoo Bazgo HEP ATS to 12th plan

The website carries here, a status update on the associated transmission system (ATS) of NHPC's 45 MW Nimoo Bazgo hydro-electric project (HEP), works for which are likely to slip into the 12th plan period. Work on the ATS has commenced, with the transmission lines and substation works having been awarded in two separate contracts (supply and erection & commissioning), which encompass works for 66 kV lines, 66 kV /11kV substations, 11kV lines, LT lines and BPL connections. As per the present status, an approval for the revised cost estimates (RCE) from Rural Electrification Corporation (REC)/Ministry of Power (MoP), which had been submitted to REC in October last year, is currently awaited. Any further delay in the approval of the RCE is likely to now push the completion of the lines and substations to the next fiscal period, since the working period is maximum from April-October.   --It is pertinent to note that a revised RCE had been prepared where the estimates are over 20%, to take into account the substantial increase in the Bill of Quantities particularly for the erection contract. Most of the works will be taken up subsequent to the approval of the RCE and amendment to the contract. The 45 MW project is a run-of-river scheme, planned to harness the hydropower potential of the Indus river, in the Leh district of the state. The project envisages the construction of a 57 m high concrete gravity dam, three 6.3 m long penstocks, with a diameter of 3.3 m, each, and a surface power house with four Francis turbine units of 15 MW capacity, each. The project would afford an annual energy generation of 239 million units (MU), assuming 90% performance.  

Dadri CCPP commissioning may be delayed

The CEA sent a team to review the progress at the 110 MW Guruji combined cycle power project at Dadri in the state of Uttar Pradesh.

Indonesia's geothermal projects to get World Bank funding

The World Bank will lend $300 million to Indonesia to finance the development of two geothermal projects.

Shanghai Electric raising funds to acquire nuclear power assets

Shanghai Electric Power plans to raise CNY9.5 billion or $1.47 billion through private share placement to diversify its power business.

Vestas gets 92MW Wind Turbines deal for Asia Pacific project

Vestas will supply, install and commission 51 units of V100-1.8 wind turbines totaling 92MW for an Asia Pacific wind project on a turnkey basis.

Chubu Electric to Buy Hydro Power Projects from Mie Prefecture

Chubu Electric is in talks to acquire 98MW of hydro power plants from the state government of Mie Prefecture for JPY10.5bn or $135 million.

Drilling completed at Bhutan hydroelectric power project

The total drilling completed at the 600 MW Wangchu hydro-electric project in Bhutan amounts to 750.5 m.

Advisor: Bangladesh power needs advanced technology

Energy Advisor Tawfiq-E-Elahi Chowdhury said the government will address shortcomings in the energy sector through comprehensive initiatives and adoption of state-of-the-art technology.

TEPCO turns to LNG after nuclear crisis

Tokyo Electric Power Co. will procure 3.1 million tons of liquefied natural gas each year from an offshore gas field in northwestern Australia for up to 20 years beginning 2007.

Amonix, Thermax to bring solar power services to India

In an effort to help India meet its Solar Mission goal of 1000MW of grid-connected solar power projects by 2013, Thermax Limited and Amonix signed a new deal to bring CPV technology to India.

Teesta III HEP unit-I likely to slip to 2012-13; contingency arrangement conceived

Commissioning of Teesta III hydro electric project (HEP) unit-I is likely to slip to the next fiscal, 2012-13 according to the latest report of the Ministry of Power on associated transmission system (ATS) availability. ATS for the 200 MW unit-I includes a 456 circuit kilometers (CKM) long 400 kV D/C (Q) Teesta-III - Karandighi transmission line, for which stringing is yet to start. As of now only 40 towers have been erected out of a total 621 locations. Pace of works on all major fronts needs to be expedited including forest clearances in Sikkim and Bengal. Further, a contingency arrangement plan is in place. It includes 67.4 CKM long LILO of one circuit of Teesta V-Siliguri transmission line at Teesta III and 6.2 CKM long energy restoration system (ERS) with 24 towers. Notably, the stringing and tower erection for the above transmission line has not started, thus far. To accelerate pace, increase in resources needs to be expedited along with a supply of complete towers. Pertinently, works of balance on tower protos, testing and supply are behind schedule and timely procurement of the ERS system is crucial. The Teesta-III HEP, project under joint venture of Teesta Urja Limited and Government of Sikkim, envisages the construction of a 32.5 m high barrage across the Teesta river and a 125 m x 22 m x 56 m surface power house, with four Kaplan turbine generator units, of 33 MW capacity each. The project would afford an annual energy generation of 594.07 million units (MU), assuming 90% performance.  

Korea braces for electricity price hike

South Korea announced an electricity price hike of an average 4.9% starting August in a bid to reflect growing power production costs into the electricity charges.

Coal India seeks 30% stake in Indonesian mine

Coal India Ltd is seeking the government's approval to acquire 30 % stake in a coal asset in Indonesia, Chairman and Managing Director N C Jha said.

PetroChina confirms efficiency of HoneyWell’s Wireless Solutions

The China’s largest oil/gas producer has selected Honeywell’s ‘OneWireless’ solutions in providing one single wireless network to support pressure data collection for the oil pipeline, valve position status of root valve of the tank and mobile station as the product proves successful in various aspects.

Yingli Green modules ranks second to Schott in TÜV Rheinland yield test

Yingli Green Energy’s multicrystalline PV module ranked second among thirteen tested by TÜV Rheinland’s 2010 Energy Yield Test.

LS subsidiaries to benefit from China's power investment

China's increased investment in its power grid is expected to have a positive impact on the subsidiaries of South Korea's LS Group.,