News

The implementation of the Indian-US civil nuclear deal will take at least two years finalisation of the business model between India's NPCIL and US vendors.

A joint venture that would set up a 500 Mw coal-based power plant in Sri Lanka has been incorportated by India's NTPC and the Ceylon Electricity Board.

Brazilian utility Furnas has signed an accord with China Three Gorges Corporation to develop renewable energy projects around the world.

Anil Ambani announced that his firm Reliance Power is poised to become the country’s largest private sector power generation and coal mining company in the next five years.

As little as 20 % of projects may be done due to lack of carbon credits. The country still faces the perennial problem of long process of achieving Emission Reduction Purchasing Agreement (ERPA), says Dang Thi Hong Hanh, deputy executive officer of Energy Environment Climate (EEC).

State-run Bangladesh Power Development Board  is expected to post a loss of nearly $1.1 billion in the year ending June 2012.

The Japanese government and Tepco said that they are now aiming to bring the Fukushima Daiichi plant to a cold shutdown within this year, instead of by January as initially planned.

Hydro power seems like the simplest form of renewable power to install – but the devil is in the details as some failed mini-hydro projects at Sarawak Power shows.

The environmental retrofitting of power plants in Asia is coming to an end as the CDM business dries up with no clear successor to the Kyoto protocol, warn analysts.

The RM7.5 billion Bakun hydroelectric project with an installed capacity of 2,400 megawatts will be fully operational on October 4, revealed Sarawak Energy Berhad (SEB) CEO Torstein Dale Sjotreit.

Power giant Alstom is staking its future range of engines on the belief that operators will need more flexibility in the operation of their power plants and has responded with a new rating of KA26 engines with some rather interesting characteristics.

The lights are coming back on in Tokyo, thanks in part to the extremely fast installation of GE gas turbines which are plugging the energy gap left by the closure of the Fukishima nuclear plant.

The country is on the verge of missing the capacity addition targets for 11th Plan, with a cumulative capacity addition of merely 8,101 MW during the third quarter of FY 2011-12 likely to increase the burden of achieving the target for the last quarter of the year. The goal for the 11th plan was initially set to 78,577 MW, which was later scaled down to 62,374 MW by the Planning Commission. Even this revised target seems to be out of reach, since only 50,282 MW will be added by the third quarter end and the remaining amount of 11,092 MW will be too high to be achieved in the last quarter. The situation for the ongoing quarter looks bleak, with the estimated addition for the month of September likely to fall short of its target of 7,743 MW. Although the thermal capacity addition is likely to double over a period of 4 months from 6,580 MW to 13,101 MW, the goals set for the quarter are too ambitious and may not be fulfilled by the contribution of thermal and hydro sectors. According to the estimates provided by the Central Electricity Authority (CEA), the capacity addition by nuclear sector will amount to 1,000 MW for both November and December, whereas that by hydro sector will only increase by 580 MW during the quarter period.

Orient Green Power Company Limited (OGPL), a renewable energy company said that, through its subsidiary Beta Wind Farms Ltd, it synchronized another 40.80 Mw capacity to the state grid of Tamil Nadu.  This Wind Farm is located at Kazugumalai in the Tirunelveli / Thuthukudi districts in Tamil Nadu. Orient Green Power Europe a subsidiary of OGPL also synchronized 10.5 Mw in Croatia recently. With these additions, OGPL has attained an operating capacity of 250 Mw of wind energy apart from the 50 Mw of Biomass based power. With 245 Mw of green power in Tamil Nadu, OGPL is one of the leading renewable energy IPP in the state. OGPL’s total operating capacity totals to 300 Mw comprising both wind and biomass. During the current financial year the company has added 80 Mw till date and plans to add another 147 Mw before this fiscal. Another 100 Mw of Wind capacity is planned to be added by June’12 – before the beginning of next wind season. Plans are on to add further capacities in Karnataka, Andhra Pradesh and also in possibly Maharashtra. The steady increase in capacity will see the company consolidate its position as the leading independent renewable energy-based power generation company in India. T Shivaraman, vice chairman, OGPL, said, “We plan to cross 500 Mw mark by Q2 of 2012-13 and will continue to be a significant player in the Renewable Energy space in India. This capacity addition will lead to enhanced availability of power, especially in rural Tamil Nadu and also offers employment to the people in the region directly and indirectly.

South Korean President Lee Myung Bak said the project to build a natural-gas pipeline across the divided peninsula is “a win-win for everyone involved”.

Areva T&D India will construct two 765kV extra-high-voltage substations worth US$45 million in the Indian states of Madhya Pradesh and Maharashtra.