Drawing on data from diverse sources, we present in this issue a statistical map on the Big Challenge of power supply – the difficult situation of unutilized capacity, unmet demand, poor discoms who cannot buy power, a broken transmission system and a series of structural deficits in need of massive repair. Affordable tariff does not […]
Day: June 22, 2015
The Power Supply Challenge
As on March 31, 2015, India had 267,637 MW power plant capacity and by now this figure would have gone up by few notches. But, if one looks at the latest data of actual power supply position for the first week of June 2015, the unmet demand varies between 2,959 MW to 5,000 MW over […]
Gas Pooling for Power Plants
On May 12 & 13, the government conducted e-auction for allocation of pooled R-LNG for the gas based power plants (stranded or operating at under 35 per cent PLF) and provided financial support through e-auction from Power System Development Fund (PSDF). The auction was held under two categories – ‘Plants receiving domestic gas (DGP)’ and […]
Opec
The Organization of the Petroleum Exporting Countries (Opec) a permanent, inter-governmental organization was created at the Baghdad Conference on September 10-14, 1960, by five nations – Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. Now, this cartel has 12 nations (6 from Middle East, 4 from Africa & 2 from Latin America). Opec exported oil of […]
J&K suffers Rs 9,262 cr deficit on power sale: CAG
Jammu and Kashmir government incurred expenditure of Rs 14,915 crore on the sale of power during 2009-10 to 2013-14, and recovered only Rs 5,663 crore during this five-year period, resulting in a deficit of massive Rs 9,262 crore, according to CAG.
Auction-III
On June 4, 2015, the coal ministry announced the auction of ten coal mines in the third tranche for iron & steel, cement and captive power plant sectors. The ministry has issued instructions to the nominated authority to conduct the auctions. The e-auctions for these mines will be held from August 11-17, 2015.
IATA plans common beacon registry to streamline passenger info
BRUSSELS: To provide flight updates and related information to passengers in a more streamlined manner, the global air transporters grouping IATA is working on developing a central registry of beacons, a proximity sensing solution. Beacons, generally based on bluetooth technology, are mostly used within the airports to provide information to passengers through their mobile devices. […]
Bangladesh Power Projects
On June 6, 2015 Reliance Power and Bangladesh Power Development Board (BPDB) signed an MoU to develop 3,000 MW of Liquefied Natural Gas (LNG) based combined cycle power project in Bangladesh in phases, along with a Floating Storage and Re-gasification Unit (FSRU) based LNG terminal to supply re-gasified LNG to the power project. The MoU […]
GVK says it received buyout notice from APTransco
Hyderabad: Hyderabad-based GVK Power and Infrastructure Limited today said it has received a notice from APTransco stating that they have exercised their option to buy out its 217 mw (phase 1) power plant situated at Jegurupadu in East Godavari district in terms of the provisions specified under the power purchase agreement (PPA). “The Power Purchase […]
Japan JOGMEC buys 44,000 tonnes LPG for national reserves
State-run Japan Oil, Gas and Metals National Corp (JOGMEC) on Monday bought liquefied petroleum gas (LPG) via a tender to store in its national reserves, a trade ministry official said on Monday. JOGMEC was seeking 44,000 tonnes of propane, which is to be delivered to the stockpiling base in Namikata in Ehime prefecture by August […]
Govt transfers environment clearance of 19 coal blocks to new allottees
New Delhi: The Centre has so far transferred the environment clearance (EC) of 19 coal blocks out of approved 29 mines from the earlier allottees to the new successful bidders including JSW Steel, GMR Chhattisgarh Energy, Jaypee Cement and Ambuja Cements among others. In a bid to expedite operations from the recently allocated coal mines, […]
Magna Energy to get $500 million Carlyle funding
Global alternative asset manager, Carlyle Group announced today it is committing an equity line up of $500 million in Magna Energy Ltd, an upstream oil and gas start-up by Mike Watts and Jann Brown, both of whom worked with Cairn Energy till a year back. Magna is eying opportunities in marginal fields of Oil and […]