News Updates

NLC, has adopted an innovative method of floating tenders for raising funds for a coal-based power project (3x660 MW) at Ghatampur (UP), which includes reverse auction mechanism, in order to secure the debt component.

Projecting a revenue deficit of Rs.3214.39 crore at the existing bulk supply price of power, the Grid Corporation of Odisha Limited (Gridco) has demanded 46 per cent hike in the BSP for FY2017-18. In its annual revenue requirement application to OERC, the state-owned utility has estimated the net revenue requirement at Rs.10,293.12 crore.

The Oil and Natural Gas Corporation (ONGC) embarked a month-long oil and gas conservation campaign, christened as Saksham, in its Corporate Office, as well a work centers across the nation.

The coal ministry will soon seek the Cabinet´s approval for the auction of coal linkages for the power sector. ´It is broadly finalised. We will take it to the Cabinet soon. We will soon go for inter-ministerial consultations. The whole process has been finalised,´ Coal and Power Minister Piyush Goyal said.

Bharat Heavy Electricals Limited (BHEL) said the company has bagged an order from Power Grid Corporation of India for the augmentation of three Extra High Voltage (EHV) substations in the state of Karnataka, on turnkey basis.

Azure Power, announced that it has won a 50 MW solar power project under NSM Phase II Batch III. Azure secured 50 MW of the total 100 MW capacity auctioned and will supply power to SECI for 25 years.

GE Power India Limited (GEPIL) has been awarded contracts worth $40 million by BHEL to supply components and services for the supercritical steam generator island packages for 2x800 MW coal-based Uppur Thermal Power Project and 1x800 MW coal-based North Chennai supercritical thermal power project stage-III.

The Telangana State Thermal Project deadline should be strictly met, according to DK Dubey, Executive Director, NTPC Ramagundam. In a new year's address at the TSTP project site, Dubey called upon the officials to complete the 2x800 MW as per schedule with strict adherence to safety. Also present on the occasion, UK Dasgupta, GM - O&M, underlined the importance planning to get things done on or before the scheduled time.

The trial run of India's first 700 MW pressurised heavy water reactor (PHWR) coming up at Kakrapar is expected to take place in mid-2017. According to BC Pathak, Executive Director (Projects), NPCIL, construction of two 700 MW PHW Rs.at KAPS is at an advanced stage.