Banks unhappy over change in development model for power projects
Lenders to power projects, particularly, banks have raise concern over the change in development model drafted in the new standard bidding document. Under the draft standard bidding document (SBD), the ministry has proposed changing the development model from build-own-operate to design-
Karnataka CM demand UMPP in Dakshina Kannada
Karnataka chief minister Jagadish Shettar has asked the Union power minister to consider setting a UMPP in Karnataka urging the centre to set up an Ultra Mega Power Project (UMPP) in the coastal district of Dakshina Kannada. In a letter to Union Minister of State for Power, Jyotiraditya M Scindia, Chief Minister Jagadish Shettar noted that a team of officers last year had visited fou...
PFC seeks commitment advance from Odisha govt for UMPPs at Bhadrak and Kalahandi districts
Nodal agency for implementation of ultra mega power plants (UMPPs), Power Finance Corporation (PFC) has sought commitment advance from the Odisha government on two more UMPPs proposed in the state, each with capacity of 4000 Mw.
Reliance Power's Tilaiya Project exempted from land compensation
The ministry of power has clarified that Reliance Power's Tilaiya ultra mega power project (UMPP) enjoys the exemption from a key provision of the Forest Act stating that the project's status is on a par with 'central government undertakings'.
CERC asks power ministry to revise bid models and PPAs
The Central Electricity Regulatory Commission (CERC) has advised the power ministry to revise the standard bidding document (SBD) for ultra mega power projects (UMPPs) and devise these on a build-own-operate (BOO) basis model than on a design, build, finance, operate and transfer (DBFOT) model.
New bidding norms for power projects will not need EGoM consent
The new bidding norms being formulated for power projects may not require approval from the Empowered Group of Ministers, thus easing regulatory hurdles for developers.
Reliance Power's Sasan UMPP expansion proposal pre-mature: MoEF
Reliance Power's Sasan mega project expansion plan has hit a major roadblock as Ministry of Environment and Forests (MoEF) wants more information from the company and also it has stated that the proposal at present is pre-mature.
IL&FS to set up India's biggest private power plant in Gujarat
IL&FS (Infrastructure Leasing & Financial Services Ltd) is all set to build a power plant with a capacity of 4,000 MW in Gujarat.
Court gives Reliance Power time till Nov 22 to settle dispute
Coastal Andhra Power (CAPL), a Reliance Power owned subsidiary, has been given time till November 22 to settle the issues related to the change in Indonesia’s coal policies with its power buyers. A division bench of the Delhi High Court gave this order on 18 October.
Tata Power synchronises 800 Mw sized unit of Mundra UMPP
Tata Power through its wholly owned subsidiary Coastal Gujarat Power Ltd (CGPL) has announced synchronisation of 800 Mw sized Unit 3 of the country’s first ultra mega power project (UMPP) in Mundra, Gujarat.
New bidding norms for UMPP, 25-yr levelised tariff goes
The bidding for Ultra Mega Power Projects (UMPPs) will be based on first year tariff and not 25 years levelised tariff, as was the practice earlier. The new norm would be applicable for the three UMPPs planned in Tamil Nadu, Odisha and Chhattisgarh.
Jharkhand seeks speedy approvals for Tilaiya mega project
The Central Electricity Authority (CEA) has asked the Jharkhand government to facilitate land and speed up clearances for 3,960 Mw Tilaiya ultra mega power project (UMPP).
R-Infra to start cement production in Maharashtra unit by month-end
Reliance Infrastructure Ltd (R-Infra) is all set to start cement production from its grinding facility in Maharashtra this month and will soon start selling it in the open market under the brand Reliance Cement.
Reliance Power looks at raising capacity of Sasan plant UMPP by 50%
Reliance Power, the flagship company of the Anil Dhirubhai Ambani Group, has plans to increase the capacity of its 4,000 MW Sasan Ultra Mega Power Project (UMPP) by 50% to almost 6,000 MW, making it one of the largest power projects in the country.
PAC to study CAG reports on various coal, airport, power projects
The Public Accounts Committee is set to take up the CAG reports on coal allocation, the public-private partnership (PPP) project in the Delhi International Airport, ultra mega power projects (UMPP) and the Atomic Energy Regulatory Authority Board for discussion.