Staff Reporter
Meralco inks 7 year coal supply deal
Meralco inks 7 year coal supply deal
Semirara Mining Corp has signed a seven-year deal to sell up to a 410-megawatt power capacity to Meralco.
Suzlon bags 166.30 MW turbine orders in India
Suzlon Energy Limited announced cumulative orders of 166.30 MW in India over a two month period.
NHPC seeks expeditious approval for hydro project
NHPC wants Uttarakhand to address issues to its hydro project to facilitate the signing of the implementation agreement.
"Cultural revolution" helpful in boosting China-Scotland renewable energy partnership
Scotland's First Minister Alex Salmond said a "cultural revolution" of sorts is needed to promote "real understanding" between China and Scotland.
India, Bhutan draft JV agreement
The Empowered Joint Group has reached a consensus on sharing of benefits or the provision of saleable power from the respective JV projects, between the goverments of India and Bhuitan.
Himachal Pradesh fixes open access charges
Himachal Pradesh Electricity Regulatory Commission has set various open access charges.
NHPC releases Rs 10 crore aid for 240 MW HEP project
Hindustan Construction Company has finally obtained financial assistance throughf an interest bearing advance of Rs 10 crore from the NHPC.
Meralco inks 7 year coal supply deal with Semirara
Semirara Mining Corp signed a seven-year deal to sell up to a 410-megawatt power capacity to Meralco.
Restart of reactors to pull down Japan's oil demand by 3.9%
Japan's total oil product sales are expected to fall 3.9 percent starting April if the nation's nuclear plants are allowed to resume operations from next summer.
Meralco seals 3 power supply deals
Meralco entered into power supply agreements with three major generating firms involving an initial total capacity of 1,720 megawatts. Meralco said it had signed an eight-year power supply deal with South Premier Power Corp for the full 1,180-MW net capacity of the Ilijan natural gas power plant in Batangas, south of Manila. It also sealed a seven-year power supply deal with a wholly owned unit of Semirara Mining Corp, the country's biggest coal producer, for an initial volume of 210 MW. The contracted volume under the deal with Semirara's SEM-Calaca Power Corp unit, which owns a 600-MW coal-fired thermal power plant in Batangas, will increase to 420 MW when another power plant unit begins commercial operation.
Bangladesh hikes electricity prices by 21%
Bangladesh approved hikes in electricity prices for retail consumers by an average of 21.3 percent in two stages by February. This move is designed to cut the losses of the state-run power generating firm. "We decided to raise electricity price to reduce the pressure on government funds as it has to borrow from the banking system to subsidise the higher price of electricity," said Syed Yusuf Hossain, chairman of the Bangladesh Energy Regulation Commission. The first increase will be factored into December bills and the second in February bills to reach an average of 4.63 taka per kilowatt hour.
Japanese utilities to boost wind power by 400 MW
Six electricity utilities in central and western Japan will coordinate the use of their grid to boost wind power capacity by 400 megawatts.
KITEX allowed to sell wind power to Kerala for 20 years
KITEX Limited has been allowed to sell power from its two wind energy plants to the Kerala State Electricity Board.
Residents protest against power plant in Haimen, China
Residents of Haimen, furious with plans to build a coal-fired power plant, took to the streets, surrounded a government building and blocked an expressway.
Tepco to raise electricity rates as fuel costs escalates
Tepco announced it will raise corporate customers' electricity rates in April due to hefty fuel costs.
Indian power projects to be hit by imminent coal shortage
Projects will have to resort to imported materials and the projected the debt service coverage will probably cost INR4.41/kwh.
S.Korea activates emergency energy plan
The country plans to secure energy installations as the death of North Korean leader Kim Jong-il raised fears over what would happen next in the reclusive state.
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