News for 'ultra-mega-power-projects'

Govt begins work on four new ultra mega power projects

Govt begins work on four new ultra mega power projects

Rediff.com24 Aug 2014

The projects coming up in Bihar, Jharkhand and Odisha will together add 16,000 MW capacity to country's power generation.

Capital Goods: Boost from ultra mega power projects

Capital Goods: Boost from ultra mega power projects

Rediff.com1 Mar 2015

Stocks to watch: BHEL, L&T, IRB Infra and Suzlon

Anil ties up money for AP power unit

Anil ties up money for AP power unit

Rediff.com8 Jul 2010

The company has executed financing agreements for the imported coal fired project, the largest in South India.

Reliance Power bags 4,000 MW Tilaiya project

Reliance Power bags 4,000 MW Tilaiya project

Rediff.com28 Jan 2009

Five companies, including NTPC, Reliance Power, Lanco Infratech, Jindal Power and Sterlite Energy, of the 11 pre-qualified bidders, were in the fray for the project. The financial and technical bids for the coal-based thermal power project were invited on December 29 and the final financial bids were to be opened within 15 days.

REL, Tatas gear up for Krishnapatnam

REL, Tatas gear up for Krishnapatnam

Rediff.com10 Oct 2007

Power Finance Corporation, the nodal agency for ultra mega power projects, has extended the last date for accepting bids for Krishnapatnam project to October 24, sources said. Essar Power, Sterlite Industries, Larsen and Toubro, D S Construction, Japan's Sumitomo Corp and CLP-GMR combine are other companies believed to be in the qualified bidders list.

Govt plans to set up 5 new UMPPs at Rs 1 lakh cr investment

Govt plans to set up 5 new UMPPs at Rs 1 lakh cr investment

Rediff.com28 Feb 2015

UMPP is coal-based thermal power project that has 4,000 MW capacity.

RPower seeks remedy for increase in Sasan UMPP costs

RPower seeks remedy for increase in Sasan UMPP costs

Rediff.com18 Mar 2013

The company wants 'economic restitution' due to rupee depreciation and changes in law.

Reliance Power got undue benefit of Rs 29,033 crore: CAG

Reliance Power got undue benefit of Rs 29,033 crore: CAG

Rediff.com17 Aug 2012

Flaying post-bid concessions to Reliance Power, the CAG on Friday said the Anil Ambani-led firm got undue benefit of Rs 29,033 crore (Rs 290.33 billion) when the government allowed use of surplus coal from blocks alloted to Sasan power plant for its other projects.

Power Min opposes conditional clearance to project

Power Min opposes conditional clearance to project

Rediff.com28 Apr 2011

If required, the power ministry would challenge the Jairam Ramesh-led Environment Ministry, sources in the know said.

R-Power raises Rs 4,000 crore for power projects

R-Power raises Rs 4,000 crore for power projects

Rediff.com2 Mar 2011

Two ultra mega power projects are coming up at Sasan in Madhya Pradesh and Krishnapatnam in Andhra Pradesh.

'Existing gas can ensure power plants' 75% capacity'

'Existing gas can ensure power plants' 75% capacity'

Rediff.com26 Sep 2011

In a scenario where we have power purchase agreements and the SEBs are in financial strife, we would always get supported, as our cost of generation is lower than most other plants.

Coal allocation: R-Power got undue benefits

Coal allocation: R-Power got undue benefits

Rediff.com30 Mar 2012

But company says govt decision to permit use of incremental coal does not result in any loss to exchequer or undue benefit.

Tata Power, Essar Power, L&T opt out of Tilaiya

Tata Power, Essar Power, L&T opt out of Tilaiya

Rediff.com30 Dec 2008

Four companies, including India's largest private sector electricity generator Tata Power and infrastructure major Larsen & Toubro Ltd, chose not to bid for the Rs 16,000-crore ultra mega power project (UMPP) in Tilaiya in Jharkhand even as Reliance Power, Lanco Infratech and NTPC Ltd, the country's largest power producer, submitted their technical bids.

Indiabulls Power to bid for UMPPs

Indiabulls Power to bid for UMPPs

Rediff.com8 Oct 2009

Indiabulls Power, which is developing over 6,650 Mw from five thermal power projects by 2013, is planning to also bid for ultra mega power projects (UMPPs), besides foraying into renewable energy to grow as a major electricity producer. The company will bid for some of the coming UMPPs, after evaluating dedicated availability of coal and the market conditions, said Ranjit Gupta, chief executive officer, and Murali Subramanian, chief operating officer.

Anil commits to green energy for US Exim finance

Anil commits to green energy for US Exim finance

Rediff.com2 Jul 2010

After rejecting a request for financing the 4,000 MW ultra mega power project in Sasan, Madhya Pradesh, last Thursday, the Exim Bank reversed its decision on Monday after a conversation its chief Fred P Hochberg had with Anil Dhirubhai Ambani Group chairman Anil Ambani.

Loan denial to Rel:Obama urged to reverse decision

Loan denial to Rel:Obama urged to reverse decision

Rediff.com30 Jun 2010

The Exim Bank of the US denied loan guarantees to Reliance's coal-fired power plant and a mine in India last week, citing adverse environmental impact as the reason.

Rel Power to raise over Rs 20,000 cr

Rel Power to raise over Rs 20,000 cr

Rediff.com28 Jul 2009

The company had raised a similar amount of debt in FY 09 as well. Reliance Power has bagged three of four contracts for developing UMPPs in the country.

Higher import content hits BHEL's margins

Higher import content hits BHEL's margins

Rediff.com27 Aug 2008

Bharat Heavy Electricals, the country's largest power equipment manufacturer, is working on low margins when bidding to supply super-critical equipment for the upcoming ultra mega power projects as it has to import a substantial amount of components from Europe.

Japanese cos eye Indian power sector

Japanese cos eye Indian power sector

Rediff.com18 Mar 2010

Japanese power companies, including Tokyo Electric Power Company and J-Power, seek to make their presence felt in India.

Govt may allot coal blocks in 'no-go' areas

Govt may allot coal blocks in 'no-go' areas

Rediff.com3 Sep 2010

The government on Friday said that some of the coal blocks lying in the "no-go" areas, which could not be used for mining, may be shifted to the go-areas, a move to expedite clearance for ultra mega power projects.

Tata Power hid info in Sasan case: Govt

Tata Power hid info in Sasan case: Govt

Rediff.com6 Feb 2009

Tata Power was one of the bidders for the 4,000-Mw Sasan UMPP in Madhya Pradesh, finally bagged by Reliance Power. Tata Power says the permission granted for diversion of coal from the Sasan project's captive mines was a substantial deviation from the bid conditions and affected the economics of the project. It approached the Delhi High Court challenging this diversion and sought re-tendering for the UMPP so that the bidders could factor in the benefits of this diversion.

Mukesh Ambani eyes energy source to power UMPPs

Mukesh Ambani eyes energy source to power UMPPs

Rediff.com17 Jun 2010

Mukesh Ambani's Reliance Industries Ltd may be one of the biggest producers of natural gas in the country, but its power foray is likely to be coal or renewable energy based. The company is planning to not only bid for ultra mega power projects but also go in for acquisition of the power plants, said industry sources.

No imported coal-based UMPPs: Tata Power

No imported coal-based UMPPs: Tata Power

Rediff.com24 Sep 2009

Tata Power Company, India's largest private power utility, has announced that it would not bid for imported coal-based Ultra Mega Power Projects in future, until the overall policy environment becomes favourable. The company plans to increase its installed power generation capacity to 8,000 Mw by 2012 and 12,000 Mw by 2014 from the current 2,700 Mw.

R-Power signs new pact for Sasan project

R-Power signs new pact for Sasan project

Rediff.com16 Oct 2008

Anil Ambani-promoted Reliance Power (R-Power) has signed a supplementary power purchase agreement (PPA) with fourteen buyers from seven states for its upcoming 4,000-MW ultra mega power project (UMPP) in Sasan.

REL bags Sasan project; to invest Rs 20,000 cr

REL bags Sasan project; to invest Rs 20,000 cr

Rediff.com30 Jul 2007

The company emerged successful in the revised evaluated bids for the project.

Govt hurdle in ADAG power plans

Govt hurdle in ADAG power plans

Rediff.com7 Jul 2008

Coal ministry says Sasan coal cannot be used for other plant.

Power sector in the dark in 2009

Power sector in the dark in 2009

Rediff.com31 Dec 2009

Electricity, a basic minimum service that any citizen or industry should get for its development, witnessed severe fluctuations in progress in 2009 in terms of capacity addition.

Tata Power signs $1 bn deal with Korean firm

Tata Power signs $1 bn deal with Korean firm

Rediff.com17 May 2007

Tata Power Company, which is developing India's first 4,000 mw ultra mega power project in Mundra signed on Wednesday contracts reportedly worth $1 billion with Korea's Doosan Heavy Industries & Construction Company.

Reliance ropes in E&Y for Sasan upgrade

Reliance ropes in E&Y for Sasan upgrade

Rediff.com17 Apr 2008

Anil Ambani-promoted Reliance Power (R-Power) has roped in international consultancy firm Ernst & Young (E&Y) to upgrade its Sasan ultra-mega power project (UMPP) in Madhya Pradesh to conform to the norms for receiving carbon credits.

Tata Power seeks to buy another coal mine abroad

Tata Power seeks to buy another coal mine abroad

Rediff.com29 Mar 2008

Tata Power is evaluating opportunities to make another overseas acquisition of a coal mine. A senior company management executive said the company was planning to zero in on smaller mines. Prasad Menon, managing director, Tata Power, said: "We are evaluating various opportunities."

Govt may limit UMPP number per company

Govt may limit UMPP number per company

Rediff.com2 Feb 2009

The government may revive a proposal limiting the number of Ultra Mega Power Projects awarded per developer.

PFC seeks legal view on Sasan-Lanco

PFC seeks legal view on Sasan-Lanco

Rediff.com2 Apr 2007

Power Finance Corporation, the nodal agency for ultra mega power projects, has sought legal opinion on whether Lanco Infratech had violated the norms while bidding for the Rs 16,000 crore (Rs 160 billion) Sasan power project.

Also-rans may get to bid for Sasan again

Also-rans may get to bid for Sasan again

Rediff.com27 Mar 2007

Power Finance Corp official overseeing project eased out.

World Bank to give Rs 5,000 cr loan to PowerGrid

World Bank to give Rs 5,000 cr loan to PowerGrid

Rediff.com15 Jan 2009

The World Bank will give a loan of $1 billion (about Rs 5,000 crore) to power transmission company PGCIL this year for developing infrastructure in the sector.

India to be power-surplus in 5 years: Govt

India to be power-surplus in 5 years: Govt

Rediff.com12 Mar 2007

Energy-hungry India, which currently faces huge power deficit, will become an electricity surplus country in next four-five years, Power Minister Sushilkumar Shinde told Rajya Sabha on Monday.

It's Tata vs Ambani over Sasan power project

It's Tata vs Ambani over Sasan power project

Rediff.com5 Jan 2009

Tata Power Company has moved the Delhi high court challenging the government's decision to allow Anil Ambani-led Reliance Power to divert coal from the captive mines of Sasan Ultra Mega Power Project for use in other projects.

Tilaiya bids to be opened today

Tilaiya bids to be opened today

Rediff.com29 Dec 2008

Amid concerns expressed by short-listed bidders over the ongoing financial crisis, the bids for the 4,000-Mw Tilaiya Ultra Mega Power Project in Jharkhand will be opened on December 29. "The bidding will take place as announced," said Power Secretary Anil Razdan.

8 new ultra supercritical power plants on anvil

8 new ultra supercritical power plants on anvil

Rediff.com7 Oct 2009

USCPPs operate at temperatures and pressures above the critical point of water, that is above the temperature and pressure at which the liquid and gas phases of water coexist in equilibrium, at which point there is no difference between water gas and liquid water. This results in higher efficiencies -- above 45 per cent.