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Anupam Chatterjee

Articles By Anupam Chatterjee

456 Articles

Power Struggle: Discom PPAs go for a toss, now Punjab set to cancel a few

Of the total installed power generation capacity of 14,362 MW in the state, 6,902 MW are run by private firms. Major private plants in the state include L&T’s 1,400 MW Nabha and GVK’s 540 MW Goindwal Sahib projects.

Under the scheme to be implemented in the five years to FY26, the Centre will fork out Rs 97,631 crore. “Most states assured us that they will submit their proposals before October 31,” the minister said.

Global standards for the carbon market to help in India’s sustainable goals: Mahua Acharya, CEO, Convergence Energy Services

There will likely be an agenda to make a global rulebook for carbon trading across the world. A lot of negotiations are needed to build a consensus among all the nations on this topic.

Mahua Acharya, CEO, CESL

NTPC offers to sell power directly to India Inc

NTPC traditionally supplies power directly to discoms, mostly under long-term power purchase agreements (PPAs). This is the first time the company is offering to sell power to corporates and industrial consumers on an open ac

NTPC also plans to have a 60,000-MW green power generation base by 2032 as against the current 1,400 MW, and the upcoming renewables capacity is not tied up with PPAs.

Nuclear power has an important role in climate change equation: GE

From India’s point of view, nuclear will play an important role. Massive renewable capacity is being added in India and the pace of capacity addition of fossil fuel based plants is slowing down.

General Electric

Discom losses down 38% in FY20; may have risen in FY21

Analysts expect the losses to have risen again in FY21, owing to the pandemic disrupting the reform process that induced a certain discipline among these entities.

Under the scheme to be implemented in the five years to FY26, the Centre will fork out Rs 97,631 crore. “Most states assured us that they will submit their proposals before October 31,” the minister said.

Power plant maintenance not keeping pace with demand surge

In the ongoing fiscal, maintenance outages are scheduled for 51,990 MW of power generating units. The upkeep of power plants become more critical with power demand surging to record levels, surpassing 2,00,000 MW in the recen

The load generation balance report (LGBR) 2020-21 published by the Central Electricity Authority had pointed that “some of the planned outages of the generating units as per maintenance schedule of 2020-21 have not been undertaken by the utilities for the months of April and May, 2020 due to pan India lockdown in the wake of Covid-19 pandemic”.

Punjab’s Talwandi Sabo plant to get high-grade coal from CIL

The fuel from MCL are of lower grades with calorific value between 3,400 – 4,000 kilo calorie per kilogram (kcal/kg), while coal from ECL mines mostly have higher calorific value between 6,100 – 6,700 kcal/kg.

The Talwandi Sabo plant is not coal strapped and as on July 11, had 28 days of stock of the fuel. However, it was the quality of the fuel and not the quantity which the company had problems with.

Delhi doesn’t want power from Dadri plant, says regulator

The effective cost of power from the Dadri-I plant comes to Rs 6.50/ unit, making it one of the costliest power stations providing electricity to the National Capital Region.

The load generation balance report (LGBR) 2020-21 published by the Central Electricity Authority had pointed that “some of the planned outages of the generating units as per maintenance schedule of 2020-21 have not been undertaken by the utilities for the months of April and May, 2020 due to pan India lockdown in the wake of Covid-19 pandemic”.

Discoms can choose to discard plants, govt clarifies

The clarification makes it easier for Delhi’s discom BSES to de-allocate its share of electricity from NTPC’s Dadri-I unit, and sends assuring signals to other discoms in the country which also hope to exit costly PPAs wi

BSES had said that it has to pay fixed charges of about Rs 35 crore per month to the Dadri-1 plant, even if it does not source electricity from the unit.

Power Play: Govt may not allow BSES to exit PPA with NTPC

The right to allocate or de-allocate power from plants owned by CPSEs lies with the Central government, so the CERC order can take effect only with its consent.

NTPC also plans to have a 60,000-MW green power generation base by 2032 as against the current 1,400 MW, and the upcoming renewables capacity is not tied up with PPAs.

NTPC, ONGC plan mega offshore wind project investments

In May 2020, NTPC and ONGC had signed a memorandum of understanding to set up a joint venture company for renewable energy business. NTPC has doubled its renewable energy target to 60,000 MW by the end of 2032.

Union power minister RK Singh recently said the ministry of new and renewable energy is considering offering viability gap funding options for offshore wind energy projects.

CPSE capex: Decent show despite 2nd Covid wave, firms aim to meet FY22 target by December

The combined capital expenditures by 40-odd large CPSEs and departmental undertakings – all with annual capex budgets of above Rs 500 crore – are estimated to be Rs 6.3 lakh crore in FY22, an increase of 37% on year.

In April-May of the current financial year, Railways was the largest investor by deploying capex of about Rs 28,000 crore or 13% of its annual target of Rs 2.15 lakh crore.

Massive green push: Reliance Industries to invest Rs 75,000 crore in 3 years

“Reliance will establish and enable at least 100 giga-watt (GW) of solar energy by 2030,” Ambani said. India has set a target to raise renewable energy capacity to 450 GW by 2030 from 95 GW at present.

RIL will invest over Rs 60,000 crore in the next three years in these plants in the Jamnagar complex alone.

Green power: UP discom asked to pay Rs 7,245 crore

Solar power tariffs reached a record low of Rs 1.99/unit in December 2020 under auctions held by Solar Energy Corporation of India (Seci) in Gujarat. In November 2020, a tariff of Rs 2/unit was discovered in Seci’s solar au

The promised grants under the scheme would get converted into loans, unless they met the parameters aimed at reducing their sticky losses, Union power minister RK Singh had earlier told FE.

Power load: Smart AC in works for post-Covid era

Given the pandemic experience and growing power demand, an EESL initiative is seeking to improve safety and efficiency in air-conditioned public spaces

Andhra Pradesh’s solar plans hit as HC cancels 6,400 MW auctions

Ruling on Tata Power's plea; attractive tariffs were discovered in Feb auctions

solar manufaturing

Renewable auctions haven’t lost steam despite pandemic: Sumant Sinha, senior vice president, ASSOCHAM

Each state and discom has its own preference and way of working. Some state discoms have accessed the loan package announced by the central government and made payments to various generators, while others are still deciding.

Sumant Sinha, senior vice president, ASSOCHAM

Sembcorp eyes buying renewable assets to grow India portfolio

The company operates in the country through Sembcorp Energy India (SEIL), which currently runs 4.8 GW of power generation assets in the country entailing an investment of about Rs 35,000 crore, comprising 2.6 GW of thermal pl

Interview | Terje Pilskog, EVP, Scatec: ‘Retrospective tariff revisions are not investor-friendly’

The country is targeting a significant growth in renewable energy capacity by 2030 and is a key growth market for renewables.

More mature projects will definitely be more attractive. However, we are also open to bidding for greenfield projects and develop capacities on our own.

Interview| PLI to help India catch up with storage manufacturing race: Rahul Walawalkar

ahul Walawalkar, president of the India Energy Storage Alliance, tells FE’s Anupam Chatterjee he believes the scheme can provide the right platform for the industry to turn India into a global storage manufacturing hub. Exc

Rahul Walawalkar

Dues & disputes: IPPs seek larger loan facility for discoms

Overdues to private power companies up 8% at April end despite PFC-REC loan facility

Discoms

Power Crisis: Despite PFC-REC loan, discoms’ dues rise 8% at April-end

Invoices cleared in the month in April was still 76% higher than the value of bills paid in April FY21, thanks to PFC-REC loans received by dicsoms under the Rs 1.25-lakh-crore liquidity infusion scheme announced by the Centr

Discoms

Norway’s Scatec buys 50% in Acme’s 900-MW solar project in Rajasthan

Acme will be the turn-key engineering, procurement and construction provider with scheduled completion in 2022, the statement added. The deal marks Scatec’s foray in India’s renewable energy space and expects the country

Solar auction: UP does an AP, denies bidder rights

Developers to move tribunal against state renewable agency's move, appeal to PM

In November 2020, a tariff of Rs 2/unit was discovered in Seci's solar auctions for Rajasthan.

Actis-backed Sprng Energy wants to cancel 100 MW wind power purchase agreement with SECI

Although the company, in its petition to the CERC, has not specified the project for which it wants to cancel the PPA, industry sources said the matter pertained to the 100 MW wind farm Sprng was to build in Dhar district of

Sprng Energy has also appealed the Central Electricity Regulatory Commission (CERC), seeking the release of its performance bank guarantee issued to SECI.

Power industry seeks relaxation of fly ash disposal norms

Over 25% of fly ash produced from power plants is used by the cement industry. Bricks and tile makers consume about 10% and another 10% is utilised for making roads and flyovers. More than 5% of the fly ash is used for the re

Reserves for frequency support are of three types – primary, secondary and tertiary.

Solar auction winners fret over ‘red tape’ in UP as input prices surge

According to the tender document, the letters of intent (LoIs) from the state government were supposed to be released within three months after the completion of the auctions.

In November 2020, a tariff of Rs 2/unit was discovered in Seci's solar auctions for Rajasthan.
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