Tag: Power Plant

Russian missile attack destroys Ukraine’s largest power plant, Trypilska

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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The largest power plant in the region surrounding the Ukrainian capital was destroyed in a Russian missile attack.

Six missiles hit the Trypilska plant south of Kyiv Thursday morning, according to a person familiar with the strike. The attack set the facility owned by state-run electricity and heat producer Centrenergo ablaze, the person said on condition of anonymity.

Over the past month, Russia intensified strikes on Ukraine’s power infrastructure as Kyiv struggles with a shortage of ammunition and manpower. A large-scale overnight missile and drone attack targeted power infrastructure and underground gas storage in five regions across Ukraine.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Adani Green Energy posts healthy first quarter operational update

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Adani Green Energy in the first quarter of FY24 increased its operational capacity by 43 percent year on year to 8,316 MW, with addition of 1,750 MW solar–wind Hybrid power plants in Rajasthan, 212 MW solar plant in Rajasthan and 554 MW wind power plant in Gujarat.

The sale of energy rose 70 percent year on year to 6,023 mn units in Q1 FY24 versus 3,550 mn units in Q1 FY23, backed by robust capacity addition.

The solar portfolio capacity utilization factor (CUF) was 26.9 percent with 40 bps improvement year on year, backed by 99.7 percent plant availability. The sale of solar energy rose 6 percent to 2,925 mn units on the back of 212 MW capacity addition in Rajasthan. Furthermore, the improved CUF performance backed by consistent high plant availability and improved solar irradiation.

Wind portfolio CUF was at 38.7 percent with 830 bps reduction year on year. The reduction is primarily due to relatively lower wind speed, which was higher last year. Also, wind turbine generators were shutdown during Biparjoy cyclone in the state of Gujarat as a safety measure.  The sale of wind energy is 34 percent higher at 892 mn units on the back of capacity increase from 647 MW to 1,201 MW year on year.

The hybrid portfolio CUF was robust 47.2 percent backed by 99.1 percent plant availability. The sale of hybrid energy rose to 2,206 mn units from 134 mn units year on year due to 1,750 MW capacity addition in Rajasthan and 380 bps improvement in CUF. ‘ New plants with technologically advanced solar modules (including bifacial modules and horizontal single axis trackers) and wind turbines’, the company said in a press release to the exchanges.

The shares of Adani Green Energy are trading 0.7 percent higher at Rs 962 at 11am on July 13 and is trading 50 percent lower since the start of CY2023.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

There won’t be disruptions in coal, freight supply in peak summer, says top Railways official

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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The summer power demand in India is expected to be extremely high this season and the Northern Railways is doing its bit to ensure there are no disruptions by ensuring a smooth coal cargo movement.

Replying to CNBC TV18 Shobhan Chaudhury, General Manager, Northern Railway, said: “There is a good plan to avoid disruptions to the coal cargo movement, we’re monitoring everything closely. There are no disruptions till now and unlike last time we will ensure no power plants run out of coal. Last year, during the disruptions certain movement of trains especially cargo trains was affected, but this time there will be no disruptions at all.”

The Northern Railways is satisfied with the cargo performance but hopes to generate more demand. In a reply to CNBC-TV18, Northern Railways GM said, “Cargo is an important area for us and annually we’re seeing a good increasing demand. It is correct that movement of vehicles including passenger cars is increasing and we expect more demand from the auto industry. We will increase the infrastructure and will also provide specialised wagons.”

The Northern Railways handles 248 MT of freight traffic annually with over 530 locomotives and over 25,000 wagons including over 4500 private wagons. Between April 2022 and March 2023, the loading performance at 67.88 MT exceeded the target of 64.77 MT. Similarly the revenue from parcel movement also jumped 40 percent.

The Indian Railways has set a target of 100 percent electrification of its entire rail network by 2024 and it is on track. Northern Railways currently has 7070 Route Kilometer (RKM) broad gauge network out of which 6070 RKM or 85.95 percent network has been electrified till March 2022. In total, 11 sections of 524 RKM have been commissioned for electrification in March 2023 by Northern Railways and is confident of achieving the March 2024 target.

Currently there are three sections in NR network upgraded for trains with a maximum speed of 160 Km/h. Three Vande Bharat trains are running on the NR Route, New Delhi-Varanasi; New Delhi-Amb Andaura and New Delhi-Katra and these are some of the areas identified for fencing. In total 139 locations have been identified for fencing out of which are 22 priority sections.

Also read: Railways achieves best monthly freight loading of 124 Mt in February

The Northern Railways GM is bullish about achieving various targets by 2024 including the highly anticipated Hydrogen train. The pilot is expected to begin on the Sonipat-Jind section in Haryana & Jind in the future will be the major station for Hydrogen refueling.

The NR Railways GM will be focusing on Railway Safety, Punctuality Loading and Infrastructure Development. The GM also accepts that punctuality for Norther Railways in below the average and will work towards improving it.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

WATCH | Surat’s 85-metre cooling tower reduced to ashes in just 7 seconds

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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A 30-year-old cooling tower at the Utran Power Station in Gujarat’s Surat was demolished using a carefully planned controlled explosion on Tuesday. The tower, which stood at a height of 85 meters and had a diameter of approximately 72 meters, was constructed using reinforced concrete. The demolition was conducted at 11:10 am, and a total of 220 kg of commercial explosives were utilised for the controlled explosion.

In the footage shared by news agency ANI, the tower’s rapid collapse can be observed in a mere seven seconds, causing a massive plume of dust to billow upwards. The tower’s swift disintegration was also accompanied by a deafening noise.

#WATCH | Gujarat: An old cooling tower of Utran Power House in Surat demolished with a controlled blast. pic.twitter.com/SeFug7Skk5

— ANI (@ANI) March 21, 2023

Also read: 4 arrested for helping Amritpal Singh escape in different car | Watch video

As a safety measure, authorities cordoned off the vicinity surrounding the power station which is located on the banks of the Tapi river. The barricades were set up to ensure that people remained at a safe distance of 250-300 meters away from the tower.

Expert professionals aided officials in drilling columns and installing explosives, which were carefully placed to bring down the tower. This tower, originally built in 1993, formed an integral part of the 135-MW power plant operated by the Gujarat State Electricity Corporation. Its primary function was to facilitate cooling of the plant.

According to a statement quoted in TOI, the decision to demolish the tower was based on techno-commercial considerations and was approved by the Central Electricity Authority back in 2017.

The demolition process began in September 2021 and included the removal of the boiler, generator, turbine, and transformer. However, the remaining gas-based power plant with a capacity of 375 MW is still operational.

Also read: Boosting agriculture | Experts discuss how tech advancement can help

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

JSW Energy likely to buy GMR’s Odisha power plant for Rs 5,200 crore, says report

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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JSW Energy is in exclusive talks with GMR Energy to buy the latter’s Odisha power plant for Rs 5,200 crore, reported Business Standard, citing people privy to the development. The GMR subsidiary operates a 1,050 megawatt (Mw) power plant in Odisha, the report said.

“We wish to inform you that JSW Energy has entered into exclusive discussions with GMR Energy for a potential acquisition of its subsidiary, GMR Kamalanga Energy,” JSW said in its statement to the BSE.

“Both parties intend to conclude these discussions in an expeditious manner,” the statement added. The companies, however, have not disclosed the valuation for the asset.

If the deal is concluded, it will be JSW Energy’s first power acquisition after four years. In 2015, it had acquired two hydropower assets from Jaiprakash Power Ventures for Rs 9,700 crore.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Luxury hotels Oberoi and Trident to run solely on solar power in Gurugram

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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In a bid to reduce CO2 emissions, two popular luxury hotels in Gurugram—The Oberoi and Trident have introduced solar power to meet the electricity requirements of both the hotels.

Both The Oberoi and Trident will now use 7.5 MW of electricity that is generated at a captive power plant in Haryana’s Balasar.

Spread over 25 acres, the plant is equipped with Polycrystalline technology. With 27,000 solar panels installed, the plant’s performance ratio is determined to be 76.5 percent. Besides being eco-friendly, the plant will also help the local economy by creating additional employment opportunities.

“This is our small way of giving back to Mother Nature and providing our guests with a sustainable luxury experience,” Abhishek Panshikar, General Manager at The Oberoi, said in a statement.

Trident’s General Manager Amit Khare said that recent surveys have revealed guests prefer to stay in environment-friendly accommodations.

(This is a partnered post)

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Margin could rise by over 2% after new power plant commissioned at Dahej, says Filatex India

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Filatex India expects its margin to increase by more than 2 percent after a new power plant is commissioned, said Madhu Sudhan Bhageria, VC and MD of Filatex India. “Incremental in the full year of utilization we should get around Rs 600 crore as topline (for FY21) and we should get a margin of at least 10 percent EBITDA,” he said

Bhageria said that our current capacity of 328,000 tonnes is divided into 2; around 270,000 tonne is yarn and 60,000 tonnes is chips.

“In yarn, we are running more than 90 percent capacity. In the chips, we are running around 70 percent and the new addition will take us to 390,000 and that will be primarily into yarn. So our yarn which is 270,000 would become 330,000 tonnes,” he added.

Talking further about capacity utilization, he said, “Last year we did increase of almost 100,000 tonnes and that we could utilize almost 80 percent in FY19 and this year (FY20) we would be doing 90 percent. So within 3-6 months, we are able to utilize full capacity.”

When asked about repayment of the debt, Bhageria said, “We are repaying every year. Last year we repaid almost Rs 80 crore and FY19 closing we will have a debt, term loan I am talking about, of around Rs 470 crore and we will be taking debt of Rs 280 crore in next 2 years to complete both the projects but we will repaying also around Rs 150 crore in these 2 years.”

“So the incremental debt coming on the books will be around Rs 130 crore and with profitability, in these 2 years our debt to equity would be around 1:1,” he added.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Narendra Modi inaugurates Delhi Metro’s Blue Line extension in Noida

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Prime Minister Narendra Modi on Saturday inaugurated the 6.6-km Noida City Centre-Noida Electronic City section, an extension of the Delhi Metro’s Blue Line in the neighbouring city.

The prime minister inaugurated the facility during an event held in Greater Noida. Modi also laid the foundation stone of 1320 MW thermal power plant in Khurja, Bulandshahr from Greater Noida and for 1320 MW power plant in Buxar, Bihar via video link.

Earlier, he unveiled a statue of Deendayal Upadahyaya on the campus of Pt Deendayal Upadhyaya Institute of Archaeology in Greater Noida.
Uttar Pradesh Chief Minister Yogi Adityanath and Union minister Mahesh Sharma were present at the event.

The completely elevated section with six stations — Sector 34, Sector 52, Sector 61, Sector 59, Sector 62 and Noida Electronic City — will benefit the people of Noida and connect the satellite city with the national capital.
“Services will begin at 4 pm today. The frequency of trains on this new section during peak hours would be 5 minutes and 26 seconds,” a senior DMRC official said.

The total length of Blue Line, after the opening of this section is now 56.6 km, from nearly 50 km span earlier that connected Dwarka Sector-21 in Delhi to Noida City Centre.

Modi on Friday had inaugurated the 9.63-km-long Dilshad Garden-New Bus Adda section, an extension of the Delhi Metro’s Red Line.

With that new entirely-elevated section, the Delhi Metro forayed into the interiors of Ghaziabad for the first time, touching the industrial areas in twin cities of Ghaziabad and Sahibabad.

After flagging off the Red Line section, Modi had also taken a ride in a metro train from Shaheed Sthal (New Bus Adda) metro station in Ghaziabad to Kashmere Gate station in Delhi, and on the way also interacted with commuters onboard.

Commissioner of Metro Rail Safety S K Pathak had recently accorded the mandatory approval for the commencement of passenger operations on the 6.675-km Noida City Centre-Noida Electronic City section of the Blue Line, which was inspected on Monday, the official said.

In a statement issued on Friday, the Prime Minister’s Office said, “He will inaugurate the Noida City Centre – Noida Electronic City Section of the Delhi Metro. The new section will provide a convenient and faster mode of transport for the residents of Noida. It will also decongest the roads and provide an environment-friendly mode of transport.”

After the opening of the Noida City Centre-Noida Electronic City section, the total span of the DMRC is now over 343 km with 250 metro stations. The DMRC’s span in Uttar Pradesh has now increased to over 59.5 km.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Government plans over $12 billion in power plant, EV incentives to cut pollution

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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India has proposed incentives worth Rs 88500 crore ($12.4 billion) to help power plants install equipment to curb emissions, and also to develop infrastructure for electric vehicles, a government statement said on Friday.

Of the  Rs 88500 crore, Rs 83500 crore would be used for curbing sulphur emissions from power plants, and the rest to develop electric vehicles infrastructure in 70 cities in the five years ending 2025, the statement said.

The proposal by the power ministry to its finance commission is in addition to an existing proposal that envisages installation costs for emission-cutting equipment to be passed on to consumers.

The ministry’s plans come against the backdrop of a utilities sector under financial stress, with loans from mostly state-run lenders turning sour or requiring restructuring, according to an Assocham-Grant Thorton report this month.

The Association of power producers, an industry group that represents private companies such as Reliance Power and Adani Power as well as state-run NTPC, had been lobbying for incentives for the past two years.

India has already extended a December 2017 deadline for utilities to meet emissions standards by up to six years as power producers struggle to comply with stringent rules set out by the environment ministry in 2015 to cut emissions that cause lung diseases, acid rain and smog.

Thermal power companies account for 80 percent of all industrial emissions of particulate matter, sulfur and nitrous oxides in India.

The EV incentives, meanwhile, are part of India’s efforts to encourage higher sales of electric vehicles, having said it hopes to electrify all new vehicles by 2030.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow