Gamesa set to bag 100 MW solar order
Gamesa has been the lowest bidder in a 500 MW solar power plant tender for Neyveli Lignite Corporation. The wind turbine manufacturer is set to bag a contract for building a 100 MW solar plant at present, while bidders for the other 400 MW will be asked to match Gamesa's prices, failing which Gamesa's contract could be for a higher capacity.
DVC to partner with Neyveli Lignite
Damodar Valley Corporation (DVC) is set to shift its 1,200-MW Raghunathpur project in West Bengal to a joint venture with Neyveli Lignite Corporation Ltd (NLC).
BoP, the consolidator!
A few BoP players suggested that the recent trend from generation companies to award contracts on a single point source is likely to push big BoP players to look for more consolidation or partnering in the equipment business. However, there is a twist in offing.
Neyveli Lignite Corporation to add 19,000 MW by 2025
Mine and power major Neyveli Lignite Corporation (NLC) set a target to become a 19,000-plus megawatt (MW) power producer by 2025. The company has set a target to add around 7,000 MW through renewable energy, through both greenfield and acquisitions of existing assets
Parliamentary Committee reviews performance of NLC
Parliamentary Consultative Committee attached to the Ministry of Coal, chaired by Union Minister of State (IC) for Power, Coal & New & Renewable Energy Piyush Goyal, has reviewed the performance of Neyveli Lignite Corporation Ltd.
Jayalalithaa ask PM to settle NLC issue
Tamil Nadu CM Jayalalithaa has urged PM Narendra Modi to instruct the Coal Ministry to settle the ongoing labour unrest at Neyveli Lignite Corporation ´amicably´ as further delays could affect power supply.
There will be about 15 per cent rise in manpower requirement
The major concerns of the power industry are coal supplies, land acquisition, environmental clearance and project delay costs. Solutions are being dealt with or found by the government; however, some of the ways forward can be as follows:
a) CIL along with certain private miners should modernise and update their operational effectiveness
Required, Rs.1 lakh cr power equipment!
Yes, you heard it right. With the government on an awarding spree and banks lining up to fund new projects worth more than Rs 2 lakh crore, equipment procurement by independent power producers is likely to gain pace by at least 10 per cent from the current level of 6 per cent in next two year.