Power distribution utilities (discoms) legacy dues have come down by a whopping 82 per cent in over two years to Rs 24,684 crore this month, Parliament was informed on Thursday. Around 13 states reported arrears amounting to Rs 1,39,947 crore as of June 3, 2022, and rescheduled them into EMIs (equated monthly installments), Minister of State for Power Shripad Naik said in a written reply to Rajya Sabha. The minister said after the payment of 29 EMIs by the distribution utilities, including pre-payment of legacy dues by some utilities, the outstanding dues have reduced to Rs 24,684 crore as of December 6, 2024. The discoms have paid Rs 1,15,263 crore outstanding since June 2022, he added. In another reply, Naik said that the Ministry of Power, in consultation with states, has envisaged a plan to add thermal capacity of a minimum 80,000 MW by 2031-32. Against this target, 29,200 MW thermal capacity is already under construction while 51,520 MW is at various stages of planning & ...
Power giant NTPC on Tuesday said its board has approved investment proposals worth about Rs 80,000 crore for thermal projects totalling 6,400 MW. The board of directors has accorded investment approval for Telangana Super Thermal Power Project, Phase-II (3x800 MW) at an appraised current estimated cost of Rs 29,344.85 crore, the company said in an exchange filing. The board also approved the proposal for Gadarwara Super Thermal Power Project, Stage-II (2x800 MW), at an estimated cost of Rs 20,445.69 crore, it said. The board also accorded investment approval for Nabinagar Super Thermal Power Project, Stage II (3x800 MW) at an appraised current estimated cost of Rs 29,947.91 crore. NTPC, under the Ministry of Power, is the country's largest power generation company. The NTPC Group's installed power generation capacity was 76,443 MW as of September 30, up from 73,824 MW a year earlier. The company's installed capacity also increased on a standalone basis to 59,168 MW from 57,838 MW
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The Sinnar Thermal Power Plant entered insolvency in January 2024 following Shapoorji Pallonji & Co's plea over unpaid construction dues
While coal and gas-based power generation experienced reductions of 5% and 15%, respectively, hydro, nuclear, and renewable energy sources saw a rise
In a two-step deal, AESL transferred the asset-holding subsidiary to Adani Properties, which in turn sold it to Adani Power
Greenzo Energy on Monday said it has secured a multi-crore hydrogen project taking the worth of its total order book to Rs 1,200 crore. The latest contract has been awarded by the state-owned Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO), Greenzo Energy said in a statement. "With the TANGEDCO green hydrogen project, the order book now stands at Rs 1,200 crore," the company said. This project will be implemented at the 2x660 MW Ennore SEZ Supercritical Thermal Power Plant, owned by TANGEDCO, Greenzo Energy said. The company did not disclose the value of the order on account of contract agreements. "Greenzo Energy will establish a hydrogen generation plant with a capacity of 20 normal cubic meters of hydrogen per hour, marking a key milestone in advancing India's Green Hydrogen Mission. The project is scheduled to be completed within 18 months timeframe, " Sandeep Agarwal, Founder and Managing Director of Greenzo Energy India Limited, said. The electrolyzers
There is a need to continue with installation of new thermal capacities as the supply of green power is not in line with demand, Union Minister Manohar Lal said on Monday. He also said that any call on reducing installation of thermal capacities can only be taken after 2030. The union power minister made the remarks at an event to brief 100-day achievements of the Modi-3.0 government in the national capital. "Till the supply of renewable energy does not matches the demand, it seems necessary to increase the capacity of thermal plant in the country, and reduce its installation gradually. But till 2030-35, We have to take these (thermal projects) ahead," Lal said. The government is looking to set up an additional 80 GW coal-based capacity by 2031-32. According to Power Secretary Pankaj Agarwal, in 100 days of the present government, 12800 MW or 12.8 GW capacity has been awarded for construction, while 28 GW is under progress. The minister further said that the National Electricity
Adani Power plans to invest Rs 18,000 crore to expand its Kawai power plant in Rajasthan, boosting its capacity from 1,320 MW to 4,520 MW in two phases
BHEL will complete the Kawai Phase-II project in 49 months, the Kawai Phase-III project in 52 months, and the Mahan Phase-III project in 55 months
State-owned BHEL on Monday said it has secured a 1,600 MW project from Damodar Valley Corporation (DVC). The coal-based unit will be set up in the Koderma district of Jharkhand on an EPC (Engineering, Procurement, and Construction) basis, BHEL said in a statement. The 2x800 MW Koderma Supercritical Thermal Power Project (STPP) has been awarded through International Competitive Bidding (ICB), it said. This is the first such project in terms of capacity for DVC, and will be set up adjacent to its existing 2x500 MW units set up by BHEL earlier, the statement said. BHEL further said that it has a long-standing partnership with DVC and has installed over 80 per cent of the coal-based power stations of the utility in Jharkhand and West Bengal. The new project from DVC includes supply, erection and commissioning, along with civil works. The key equipment for the project will be supplied by BHEL's manufacturing units. Bharat Heavy Electricals Ltd (BHEL) is one of the largest engineering
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Plans to make Rs 15K crore capital expenditure in FY25
SECI, a nodal agency for implementing government's renewable energy projects, is expected to float a tender for 500 megawatt (MW) of solar thermal capacity by the end of FY25, its Chairman and Managing Director R P Gupta said on Wednesday. This will be the first time in India that such a tender would be floated on this scale, Gupta told reporters on the sidelines of the India Energy Storage Week 2024, organised by India Energy Storage Alliance (IESA) here. "The tender is expected to be out by the end of this financial year 2024-25. There have been (solar thermal) tenders but not of this scale," Gupta said in reply to a question on new solar thermal tenders. The earlier tenders were small in size and their costs were also too high, he said. The projects under the 500-MW tender will have advanced technology where steam would be generated through heat and it would also help in running turbines, he added. Besides, the prices will be at par with other Round the Clock (RTC) solutions, G
The Centre on Monday said it has adequate coal to meet the requirements of domestic thermal power plants (TTPs). The coal stocks at domestic TPPs as on Saturday stood at 44.46 million tonnes (MT), which is sufficient to meet the requirements of 18.5 days as per present level of consumption. "This stock position is 33 per cent higher over stock position of same time during last year," the coal ministry said in a statement. Coal production grew 10.58 per cent in the June quarter, it said, adding that supply of coal saw a rise of 8.50 per cent. Keeping in view the "monsoon effect in coal production, coal ministry has ensured 98.67 MT stock availability at the pithead of mines (including coal in transit) as on June 30, 2024, which is 33.5 per cent higher over last year's position". Currently, the stock availability at the TPP end is 68 per cent of the normative requirement, which was about 50 per cent during the same period of last year. During 2023-24, there was no scarcity of coal
Proactive focus on thermal power needs a rethink
State-owned engineering firm BHEL has bagged the Rs 13,300 crore order to set up a 1600 MW thermal power plant in Koderma in Jharkhand from Damodar Valley Corporation (DVC). Commensurate with the goal of the central government to ensure the energy security of the country, DVC has finalised the tender for the engineering, procurement and construction (EPC) package of Koderma TPS (2X800MW) in Jharkhand, with Bharat Heavy Electricals Ltd (BHEL) for Rs 13,300 Crore on June 26, 2024, a power ministry statement said. With this investment, which would also have a substantial impact on the local economy and benefit people, the installed thermal generation capacity of DVC would go up to 8140 MW by 2030.
As many as 184 thermal power plants with a total generation capacity of 211 GW have 68 per cent of normative coal stock levels amid rising electricity demand due to soaring temperatures in the country. According to the Central Electricity Authority's (CEA) May 3 daily report, 184 plants, that are monitored by the CEA, have 47.78 million tonnes of coal stocks against the normative level of 70.55 million tonnes. This assumes significance in view of power ministry projections that peak demand will be 260 GW during this summer. The peak power demand was at an all-time high of 243 GW in September 2023. Peak power demand met or the highest supply in a day rose to 224.18 GW in April 2024 as against 215.88 GW in April 2023. The highest supply in a day has already touched 223.84GW on May 3, 2024, which is higher than 221.42 GW recorded in May 2023. The peak power demand met was 219.37GW on May 1 and 222.03GW on May 2 this year. In view of the projected high demand for electricity, the powe
State-owned THDC India Ltd aims to make its coal-based power plant operational by September 2024, marking an entry into the domestic thermal energy sector, a top company official said. THDC India Ltd (THDCIL) is setting up a 1,320 megawatt (2X660 MW) Super Thermal Power Project (STPP) at Bulandshahr district in Uttar Pradesh (UP), the official said in reply to a query about the company's plans of setting up coal-based capacities. At present, the Uttarakhand-based entity has an installed power generation capacity of around 1,587 MW, of which 1,424 MW is hydro, 113 MW wind and 50 MW solar. When asked about the timeline of the project, the official said "The work is going on in full swing. We are confident of making the first unit of 660 MW operational by September this year and the second unit operational by March 2025. It is a project of around Rs 12,000 crore." Till January 2024, a sum of Rs 9,428.30 crore has been spent on the Khurja Super Thermal Power Plant (KSTPP), the company