State governments need to focus on supplying quality power
Our sector is one where you have long gestation periods and one can´t see results overnight. The last year has been a mixed bag; as they say, ´you win some, you lose some!´ Clearly, there have been positive initiatives from the new government, such as improvement in coal production, efforts to partially mitigate the problem of stranded gas-based generation, proposed changes in the Electricity Act, etc.
Our bonds have been fully subscribed on day one
The asset-specific bonds, that we have issued recently is indeed an innovative way to re-finance projects. Most importantly, this bond has been issued after completion of the project.
Power 20:20 - Profiles | CLP India Wind Farms
Mishra has been MD of CLP India since 2004, where he is responsible for asset management and business development of the company´s investments in India. He joined the CLP Group
Power 20:20 | CLP India
CLP India is one of the largest wind power developers in India with close to 1,000 MW of committed wind projects. The wind portfolio of the company that made a beginning with its first project in Khandke in the year 2006, has grown rapidly since then and is an integral part of CLP India´s renewable portfolio.
Six Bidders may quit mega projects
Six bidders who qualified to compete for the two mega power projects, proposed to be set up in Odisha and Tamil Nadu, want to quit unless the bid terms are reworked. The Adani group, CLP, GMR Group, Jindal Steel & Power, JSW Energy
Renewable energy is vital for our Climate Vision 2050 targets
Jasraj Virdi, Head of Public Affairs and CSR at CLP India, speaks on the company´s latest initiatives and how renewable energy projects can give a fillip to CSR activities. Can you give us a detailed update on the various activities and collaborations that CLP India has initiated for the sustainable development of communities?
Community development is an integral part of the three core values that guide our business conduct and receives a very high level of commitment from the board and the man
No green clearance yet for Odisha mega power project
The Ministry of Environment and Forests has deferred the grant of environmental clearance to the 4,000-MW ultra mega power project (UMPP) at Bhedabahal in Odisha. The delay in environmental nod would delay the commissioning of the power plant and development of the attached mine to source coal. Nine power developers-ùJindal Steel and Power Ltd (JSPL), Tata Power, NTPC, Adani Power, JSW, Sterlite Inventure, CLP India, Larsen & Toubro and NHPC-ùhave bid for the project.
CLPs pooled financing experiment may get popular
CLP India, the Indian subsidiary of China Light and Power Group, has taken a new route to minimise the financial risk on its wind farms-ùthey are adopting the concept of pooled financing. With this, the company has become the first Indian firm to experiment with this new financial concept.
Previous SBD norms were better than new ones
The only good thing that has been added to the new SBD norms is the clarity on what will happen in case of coal shortage, otherwise, in all the other respects, previous documents were better, says Rajiv Mishra, MD CLP India, also Chairman of Association of Power Producers, in an exclusive interaction with Pradeep Pandey.