Major power producers in the private and public sector, including Tata Power, NTPC, Torrent Power and Mahagenco, have opposed the proposal floated by the Association of Power Producers (APP) to pool domestic gas with RLNG (regasified liquefied natural gas). They have opposed the move on the ground that this would lead to higher tariffs.

In its submission to the Central Electricity Authority (CEA) on the gas pooling issue, Tata Power said that its Trombay power station was allocated 1.5 million metric standard cubic metres per day (mmscmd) when ONGC flaring first started.

Rajasthan govt issue fraud certificates to Cong MP for solar projects

The National Solar Mission, which aims to install 20,000 MW capacity of solar energy by 2020, has commissioned 89% of its allotted capacity in its first stage, government officials said. The government had signed power purchase agreements (PPA) with 28 solar power developers for 140-MW solar photo voltaic (PV) projects in January 2011, out of which 125-MW of capacity stands commissioned currently.

New Delhi State-owned Coal India (CIL) has so far entered into fuel supply pacts with five power firms for minimum assured supply of coal as per a government directive.

“So far five firms have signed fuel supply agreements with CIL, including Lanco Anpara Power and Bajaj Hindustan,” a source in the know of the development said.

Lanco Solar has announced the commissioning of 56 MW grid-connected solar photovoltaic power plants in Gujarat.

This includes three plants of 35 MW owned by Lanco Infratech Ltd and 21 MW built as turnkey EPC for other developers — the Gujarat Power Corporation Ltd (5 MW), GSPC Pipavav Power Company Ltd (5 MW), GHI Energy Pvt Ltd (10 MW) and Gujarat State Electricity Corporation Ltd (1 MW).

Lanco Solar, a fully-owned subsidiary of Lanco Infratech, has announced the completion of a total of 56 MW grid-connected solar photovoltaic (PV) power plants in Gujarat.

This includes three plants of 35 MW owned by Lanco Infratech and an additional 21 MW built as turnkey EPC for other developers — the Gujarat Power Corporation Ltd., GSPC Pipavav Power Company Ltd, GHI Energy Pvt Ltd., and Gujarat State Electricity Corporation.

Lanco Solar has announced that it has commissioned 56-MW grid connected solar photovoltaic power plants in Gujarat. This includes three plants of 35 MW owned by Lanco Infratech Ltd and additional 21-MW built as turnkey EPC for other developers — Gujarat Power Corporation Ltd (5MW), GSPC Pipavav Power Company Ltd (5MW), GHI Energy Pvt Ltd (10 MW) and Gujarat State Electricity Corporation Ltd (1MW).

The government is considering reducing the tenure of power purchase agreements (PPAs) for future gas-based projects by 10 years and reviewing the deals every five years on basis of fuel availability, officials said. The move, if implemented, will benefit 9,000-mw plants of companies like Reliance Power, Lanco Infratech and GMR Energy, when they sign power purchase agreements after gas supply is available. They will be able to review their power supply agreements every five years according to the gas supply and their commitment will be for a less number of years.

Current Indian investment may not be hit immediately

The Australian government’s move to impose 30 per cent tax on coal mining and iron ore profits might not affect any Indian investment in that country immediately, but could have an impact on Indian companies, including state-run mining major Coal India Limited (CIL), which are scouting for assets Down Under.

Tata Power on Monday synchronised the second unit of its Maithon power project in Jharkhand. With this 525 megawatt (Mw) unit, the company has a total power generation capacity of 5,297 Mw, making it the country’s largest private sector power generating firm.

The Maithon project's first unit was commissioned in September 2011. It is a 74:26 joint venture between Tata Power and Damodar Valley Corporation. “The synchronisation of Maithon unit-2 today is a significant milestone.