Indian Power Sector

[Guest]

<b>Jindal offers power to Karnataka</b>
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Bangalore : Karnataka Power Transmission Corporation Limited Managing Director Bharatlal has said that the Jindal Steel Company has come forward to supply 100 MW of power during April and May.

Speaking to media persons on Friday, he said that talks in this regard are in the final stage. “The company wants to supply power at Rs 7 per unit during peak hour,” he added.

Besides, the centre has decided to restore Karnataka’s quota of 100 MW of power from the central grid. The additional power would help the KPTCL to meet the requirement during summer. Moreover, the Karnataka Power Corporation Limited’s Bellary thermal power station is also expected to commence generation during May.

The average overall power consumption this year has remained at 110 MU per day, he said, adding that due to showers in most parts of the State, the consumption has come down to around 105 MU during last week.

An Andhra Pradesh-based gas company, Konaseema, has come forward to supply power for a period of seven years at Rs 3.60 per unit. The company will supply around 80 MW this year and by the end of the period, it will be supplying around 600 MW.

Bharatlal said a joint venture thermal power company, being set up at Naitha in Jharkhand by Damodar Valley Corporation and the Tatas, has agreed to supply 250 MW of power from 2010. He said talks were also being held to get 180 MW of power from a thermal plant being set up at Vellore in Tamil Nadu, jointly by the Tamil Nadu government and NTPC.

The power purchasing agreements are being finalised by the Central Electricity Regulatory Commission.

[Guest]

<b>Centre to allocate 100 MW to Karnataka</b>
Link
Mar 23, 2008

Bangalore : Union Minister for Power Sushilkumar Shinde has agreed to allocate 100 MW of power, state's Governor Rameshwar Thakur told reporters after holding his Executive Council's meeting. Though the state had sought allocation of 500 mw of power from the Central Grid, the Centre did not respond.

The Centre has agreed to allocate 100 MW of electricity from the central Power Grid to Karnataka to tide over power crisis.

Union Minister for Power Sushilkumar Shinde has agreed to allocate 100 MW of power, state's Governor Rameshwar Thakur told reporters after holding his Executive Council's meeting.

Though the state had sought allocation of 500 mw of power from the Central Grid, the Centre did not respond.

On the other hand, Tamil Nadu, which had requested for 400 mw power, had got 500 mw, Krishna Kumar, one of the advisors of the Governor, said.

The meeting decided to frame the Karnataka Mineral Transport Regulation rules to check illegal transportation of minerals, including iron ore.

The meeting also decided to seek a USD100 million loan assistance from the Asian Development Bank to improve its state highways.

[Guest]

<b>Reliance Power, Tata, Sterlite bid for Punjab project</b>
Link
Mar 23, 2008

<i>Eligible bidders would be determined next month; Project will involve an investment of Rs. 5,000-6,000 crore</i>

NEW DELHI: Leading private power players, Tata Power, Reliance Power Limited and Sterlite are among 13 companies that have submitted the Request for Qualification (RFQ) for the 1,320-MW Rajpura Thermal Power Project in Punjab to come up at a cost of Rs. 6,000 crore.

The Power Finance Corporation (PFC) is providing consultancy to the Punjab State Electricity Board and is coordinating the entire process for the project that has evoked strong response from the private players.

According to PFC sources here, others firms that have shown interest in the project include Larsen and Turbo, Essar, Lanco Infratech, Bhilwara Energy, Indiabulls Power Projects, consortium of JSW and IDFC and a consortium of Spanish companies Union Fenosa International and Isolux Corsen with Emco. The 2,000 MW Talwandi Sabo project that is also being handled by the Power Finance Corporation as the nodal agency has also evoked very encouraging response from the private players.

These projects have been put on offer by the Punjab Government in an attempt to make the State self-reliant in power generation and reduce dependence on neighbours.

The sources said the eligible bidders would be determined next month after the technical evaluation of the bids was carried out.

The proposed project, to be awarded through tariff-based international competitive bidding and run on build, own and operate basis, would involve an investment of Rs 5,000-6,000 crore. The RFQ for selection of developers for the project was issued on January 18 and a bidders’ conference was held in Chandigarh in February where 19 companies expressed interest.

The Power Finance Corporation was the consultant for selection of the developer. PSEB has already launched a special purpose vehicle called Nabha Power Limited to ensure coal and water linkages to the project, the sources said.

[Capt M Kumar]

<!--emo&:ind--><img src='style_emoticons/<#EMO_DIR#>/india.gif' border='0' style='vertical-align:middle' alt='india.gif' /><!--endemo--> Reliance began oil production from its predominantlyg as-rich KG-DWN-98/3 or D6 block on September 17 with initial oil flowing at the rate of 5,500 barrels per day, the company Chairman Mukesh Ambani announced today in Mumbai.

Crude oil production will reach 20,000 barrels per day (1 million tonnes a year) in a month's time and the peak output of 40,000 barrels (2 million tonnes) of oil will be achieved in the first quarter of 2010.

http://www.indianexpress.com/news/ril-make...sea-oil/364058/

[Guest]

<!--QuoteBegin-->QUOTE<!--QuoteEBegin--><b>Govt to divest 10 per cent in Coal India</b>

New Delhi: Coal Minister Sriprakash Jaiswal said on Monday the Government would initiate the process of offloading 10% equity in Coal India in the next six months. "We are considering to disinvest a maximum of 10% of our stake in CIL. The process for the same will start in next six months," Jaiswal said.<!--QuoteEnd--><!--QuoteEEnd-->
Are they going to return it to people from whom they had grabed forcefully which Nehru called Nationalization or nation Building? Or now it will be given to people who bribe Babus and Congress Party.

[Husky]

^ Mudy, how have you forgotten: christoislamis have first claim on resources. As clearly stated by the Mouthpiece of Sauron - I mean the Mouthpiece of Sonia - madmoron stink.

[priyarawat229]

Power is a key factor that contributes to the industrialization and the economic growth of a country. It is one of the most important infrastructures on which the development of various economic sectors of a country depend.

[rosstaylor2440]

[quote name='priyarawat229' date='12 July 2012 - 02:23 PM' timestamp='1342082746' post='115181']

Power is a key factor that contributes to the industrialization and the economic growth of a country. It is one of the most important infrastructures on which the development of various economic sectors of a country depend.

[/quote]

We should agreed on this power is key factor for the industrialization and this can put great impact on the Economy of the any country and it is capable of moving up and down economical status of the countries. Economy is related to the business, business is related to the products production and for the production in industries important factor is power!