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Hydropower projects with 13,363MW capacity register cost overruns - Study

ANI quoted a just-concluded ASSOCHAM-PwC study as saying that several hydropower projects with a cumulative capacity of about 13,363MW are stranded at various stages of project development, resulting in significant time and cost overruns worth INR 52,697 crore as of December 2016. The ASSOCHAM-PwC joint study titled 'Accelerating hydropower development in India for sustainable energy security "Despite significant hydropower potential, till now, only 30 per cent of India's total economically feasible hydropower potential has been harnessed."

It said that "The government should explore possibility of establishing a 'hydropower commission,' as a nodal agency to coordinate with actions of various entities involved in hydropower sector value chain and facilitate investments and clearances."

It added that a dedicated transmission corridor for hydropower would help in overcoming the power evacuation issues faced by hydropower developers, especially in the remote North-east regions of India.

ASSOCHAM-PwC study said that almost one-fourth (24 per cent) central hydro schemes are facing delays owing to local issues, law and order problems followed by geology, hydrology and topography related issues (21 per cent).

In terms of state hydro schemes, contractual disputes account for lion's share of 35 per cent while geology, hydrology and topography (35 per cent) related issues are major reasons for slippage in hydro capacity additions in private sector.

Considering that by design, hydropower is ideally suited to cater to the specific demands of the Indian power system, thus the study stressed upon the need to focus on responsible and accelerated hydropower development, which will address the collective concerns of hydropower developers while ensuring sustainability and addressing socio-economic concerns around developing projects.

The study recommended that hydropower development in India needs to be channelised through an efficient governance framework by adopting a suitable policy framework coupled with uniform and transparent processes.

It said that "The existing processes, structures and institutional frameworks must be re-aligned to the development goals and hydropower capacity addition targets while adequately recognising the role of the private sector."

The joint ASSOCHAM-PwC report noted that with regard to the development of enabling infrastructure for hydropower projects, an optimum balance needs to be established between the role of the developer and the role of the state.

On the issues of streamlining land acquisition and clearance processes, it said that to overcome the existing issues and delays concerning land acquisition, the public private people participation model may henceforth be adopted for hydropower projects.

As part of incentives for increasing financial viability of hydropower projects, the study said suggested to reintroduce the Mega Power Benefits for Hydro Projects, which were withdrawn in the year 2012. "With this, the benefits of custom duty exemption on import of capital equipment and deemed export benefits accorded as per the EXIM Policy would again be available to hydro projects."

Source : ANI
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Tata Power completes construction of its 187 MW Hydro Project in Georgia

Tata Power, India's largest integrated power company, through Adjaristsqali Georgia LLC its joint venture with Norway's Clean Energy Invest AS Norway and IFC InfraVentures, a member of the World Bank Group, today announced the completion of construction of its 187 MW Shuakhevi Hydro Power Project (HPP) at a ceremony in Georgia.

Source : Strategic Research Institute
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Bhutan to supply hydropower to Bangladesh through India soon

ANI reported that leaders of India, Bhutan and Bangladesh may soon formally sign and join hands to build a 1,125 MW hydropower project in Bhutan as trilateral MoU on this has been finalised by the three Asian countries. Bhutan would export the power to Bangladesh produced from this project, via India. Bangladesh plans to invest in the 1,125 megawatt Dorjilung hydropower project in Bhutan's Lhuentse district. The Government of Bangladesh earlier approved USD 1 billion for investment in Bhutan's hydropower.

It said that the project could boost Bhutan's plan to become a hydroelectric power juggernaut and battery for surrounding countries, because two of its neighbours have almost come close to sign off a trilateral agreement to construct this hydropower project in Dorjilung, Bhutan.

Hydropower projects in Bhutan are a source of clean and affordable electricity for its neighbors in the region. Bhutan's export revenues are a primary source for government spending on socio-economic development, supporting social services such as health, education, and rural development.

The construction work on the USD 1.25 billion Dorjilung hydropower project will start soon after signing off the trilateral MoU in this regard.

According to sources, the draft of MoU was finalised by India and Bhutan last week in Delhi after long discussions and deliberations.

Bhutan drafted the MoU for the project last year in January 2016 and sent it to India and Bangladesh for acceptance. After a month, Bangladesh largely accepted the Bhutanese version of the MoU with almost no change and sent it back only adding that the time period to form the steering committee after signing the MoU should be 30 days. Bhutan accepted this minor change.

India took a bit longer time in finalising and responding on the draft of MoU and after almost a year sent it in early 2017 to Bhutan and asked for significant changes.

Government officials of India and Bhutan recently had a long discussion on the MoU and the Indian side agreed in principal to the latest Bhutanese version of the MoU which would set the stage for the leaders of the three countries to sign it. The Bhutanese government had sent a response to India around two months ago, stressing more on the original points in the Bhutanese MoU.

A Bhutanese government delegation led by the secretary for the Ministry of Economic Affairs, Dasho Yeshi Wangdi along with other concerned officials from the MoEA and Foreign Ministry, had detail discussions with an Indian delegation of a similar composition on June 22 in New Delhi.

Bhutan's delegation also proposed a tariff hike in the 336 MW Chukha project and sought clarifications on India's Cross Border Electricity Trade Guidelines.

Source : ANI
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French AFD approves loan for hydro projects in Himachal Pradesh

PTI reported that French development agency AFD will assist India with an EUR 80 million loan facility for developing two hydro-electric projects in Himachal Pradesh. An agreement was signed between the Department of Economic Affairs and AFD in India for the credit facility. A programme is to expand Himachal Pradesh's clean energy capacities and meet the strong growth anticipated in electricity demand. It will finance two run-of-river hydroelectric plants, namely Deothal Chanju HEP (30 MW) and Chanju III HEP (48 MW) situated in the Chanju river basin.

AFD said in a statement that "The project aims to provide a capacity of 78MW of renewable energy, which will generate 280 GWh of electricity per year and reduce 276 000 tCO2eq in annual greenhouse gas emissions."

Meanwhile, the construction of these plants will not involve any displacement or resettlement of population, thus reducing the potential negative social impacts of the project.

Source : PTI
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Brazil to revise hydro power dam capacity before privatizations by Eletrobras

A senior energy official told Reuters that Brazil is planning to lower the estimated capacity of several older hydroelectric dams before they are privatized by state-controlled power holding company Eletrobras. The revisions will reduce the amount of energy that the dams can legally offer to the market - part of an effort to create a more robust and predictable power grid as the government seeks more private investment for the sector.

Mr Paulo Pedrosa, executive secretary of the Mining and Energy Ministry, said in a telephone interview that "Privatization will come after the revision. The important thing is that it not be a risk at the time of the sale."

Earlier this year, a government study suggested that hydroelectric capacity estimates could be lowered by about 845 megawatts, with nearly two-thirds of that coming from the massive Itaipu dam shared with neighboring Paraguay.

The rest of the revisions suggested in the study would come largely from the Sobradinho, Paulo Afonso and Luiz Gonzaga dams, leading candidates for privatization by state power company Eletrobras, known formally as Centrais Eletricas Brasileiras SA.

Source : Reuters
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14 hydro power projects stare at INR 25,594 crore cost overrun – Mr Goyal

PTI quoted the government as saying that fourteen under construction hydro power projects of above 25 mw have been stalled due to various reasons, leading to cost overrun of INR 25,593.78 crore. "As of July 1, 2017, there are 14 under construction hydro power projects (above 25 mw), totalling 5,055 mw, which are stalled due to various reasons," Power Minister Mr Piyush Goyal said in a reply to the Rajya Sabha.

Mr Goyal said that the cost overrun due to these stalled projects, as calculated by the Central Electricity Authority, is INR 25,593.78 crore. With regard NHPC's 2,000 mw Subansiri Lower project, there is cost overrun of INR 11,149.8 crore. In the case of 400 mw Maheshwar hydel project, the figure is INR 5,223.7 crore.

He said that the Teesta Stage VI project has seen cost build-up of INR 4,258.9 crore.

Source : PTI
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India to speed up hydropower projects in Jammu and Kashmir

IANS reported that in a bid to utilise the provisions of the Indus Waters Treaty to the full, India is planning speedy construction of eight hydroelectric projects in Jammu and Kashmir. They will have a total installed capacity of 6,352 MW at a projected cost of INR 56,700 crore. These projects are Sawalkote (1,856 MW), Kirthai I (390 MW), Kirthai II (930 MW), Pakal Dul (1,000 MW), Kwar (540 MW), Kiru (624 MW), Bursar (800 MW) in the Chenab basin and the multi-purpose Ujh project (212 MW) in the Ravi basin.

However, most of the new projects are in detailed project report (DPR) stage. That is the stage after the initial studies but before any major construction.

An official in the Jammu and Kashmir State Power Development Corporation (JKSPDC) said, speaking on the condition of anonymity, “There is no doubt that the speed with which these projects are being studied now is unprecedented. For example, the central power ministry was literally after our lives while seeking the submission of NoCs [No Objection Certificates] for Sawalkote and Kirthai projects.”

He said that technical and economic clearance (TEC) for these projects was done within weeks in 2016 following the dithering of over 50 years from when the projects were first identified in the 1960s. He said that the Centre has already issued grants to cover the entire financing to Jammu and Kashmir for completing three projects with a total capacity of 2,164 MW (Pakal Dul, Kwar and Kiru) by 2022-23 and has assured it will fund the rest of the projects within the next decade provided the state commits to joint ventures with central public sector companies like the National Hydroelectric Power Corporation, the Satluj Jal Vidyut Nigam or others.

Mr Shah Faesal, the managing director of JKSPDC, refused to comment on whether the urgency being shown for power development was because of political reasons.

Mr Faesal said that “I can’t comment on that. But, yes, we are keen about the speedy development of power projects in our state. Being an important organisation for the state, JKSPDC is trying to contribute to the development of the resources of the state.”

Mr Shakil Romshoo, the head of the Earth Sciences Department at Kashmir University, believes that Pakistan will object once these projects are finalised and the plans put in public domain. “Given the political history shared by the two countries and the recent developments over water-sharing between India and Pakistan, of course, Pakistan will raise objections,” Romshoo said.

Mr Romshoo’s colleague, Mohammad Sultan Bhat, who heads the university’s Geography Department, said that Pakistan will react sharply to projects like Bursar and Sawalkote notwithstanding the fact that India says they are going to be constructed as per the provisions of the 1960 Indus Waters Treaty (IWT) between the two countries. The Chenab and Ravi rivers are parts of the larger Indus basin.

Under the treaty, the waters of the three western rivers in the basin — Indus, Jhelum and Chenab — are allocated to Pakistan, while the waters of the three eastern rivers — Ravi, Beas and Sutlej — are allocated to India. However, India, upstream of Pakistan, has the right to “non-consumptive” uses of the waters of the western rivers as well.

Source : IANS
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NHPC lose INR 2.5 crore a day in TLDP III and IV in Darjeeling

ET reported that Hydro power producer NHPC Ltd. is incurring a loss of over INR 2.5 crore a day due to closer in its two major projects in West Bengal’s Darjeeling district. Though the plants have been put to silence as a part of ongoing separate Gorkhaland statehood movement, how far this closer can actually help the movement remains as a big question. TLDP (Teesta Low Dam Project)-III and TLDP-IV had to be closed down following agitation of huge mob on 12th and 13th July. Agitating mob have put few other smaller power plants also under closer.

TLDP III, on river Teesta, with its installed capacity of 132MW was commissioned in the year 2011. TLDP IV (160MW) on the same river was commissioned in 2016- informed NHPC Executive Director Mr Debajit Chattopadhyay.

Mr Chattopadhyay said that “Despite having excellent monsoon water flow now, we are unable to produce. This is a national loss.”

Usually hydropower plants give 12% of output to the host state free of cost and sell out the rest. But, during inception of TLDP projects more than decade back, the then power starved Bengal preferred not taking the free share. Instead, opted purchasing entire output at a preferential rate. That increased Bengal’s dependency on these two projects.

Eventually, these two plants have always remained as target for the Pro-Gorkhaland activists to put state Government under pressure. Episodes of blockade during construction remained as a reason behind time overrun of 72months for TLDP III and 60 months for TLDP IV.

Source : ET
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India plan hydropower projects in Jammu and Kashmir

IANS reported that in a bid to utilise the provisions of the Indus Waters Treaty to the full, India is planning speedy construction of eight hydroelectric projects in Jammu and Kashmir. They will have a total installed capacity of 6,352 MW at a projected cost of INR 56,700 crore. These projects are Sawalkote (1,856 MW), Kirthai I (390 MW), Kirthai II (930 MW), Pakal Dul (1,000 MW), Kwar (540 MW), Kiru (624 MW), Bursar (800 MW) in the Chenab basin and the multi-purpose Ujh project (212 MW) in the Ravi basin.

Most of the new projects are in detailed project report (DPR) stage. That is the stage after the initial studies but before any major construction.

An official in the Jammu and Kashmir State Power Development Corporation (JKSPDC) said, speaking on the condition of anonymity "There is no doubt that the speed with which these projects are being studied now is unprecedented. For example, the central power ministry was literally after our lives while seeking the submission of NoCs [No Objection Certificates] for Sawalkote and Kirthai projects."

He said that technical and economic clearance (TEC) for these projects was done within weeks in 2016 following the dithering of over 50 years from when the projects were first identified in the 1960s. He said that the Centre has already issued grants to cover the entire financing to Jammu and Kashmir for completing three projects with a total capacity of 2,164 MW (Pakal Dul, Kwar and Kiru) by 2022-23 and has assured it will fund the rest of the projects within the next decade provided the state commits to joint ventures with central public sector companies like the National Hydroelectric Power Corporation, the Satluj Jal Vidyut Nigam or others.

Mr Shah Faesal, the managing director of JKSPDC, refused to comment on whether the urgency being shown for power development was because of political reasons.

Mr Faesal said that "I can't comment on that. But, yes, we are keen about the speedy development of power projects in our state. Being an important organisation for the state, JKSPDC is trying to contribute to the development of the resources of the state."

Mr Shakil Romshoo, the head of the Earth Sciences Department at Kashmir University, believes that Pakistan will object once these projects are finalised and the plans put in public domain. "Given the political history shared by the two countries and the recent developments over water-sharing between India and Pakistan, of course, Pakistan will raise objections."

Romshoo's colleague, Mohammad Sultan Bhat, who heads the university's Geography Department, said that Pakistan will react sharply to projects like Bursar and Sawalkote notwithstanding the fact that India says they are going to be constructed as per the provisions of the 1960 Indus Waters Treaty (IWT) between the two countries. The Chenab and Ravi rivers are parts of the larger Indus basin.

Under the treaty, the waters of the three western rivers in the basin -- Indus, Jhelum and Chenab -- are allocated to Pakistan, while the waters of the three eastern rivers -- Ravi, Beas and Sutlej -- are allocated to India. However, India, upstream of Pakistan, has the right to "non-consumptive" uses of the waters of the western rivers as well.

In the Chenab basin, some of the new projects are being planned to produce hydropower through the "run-of-the-river" technique, in which a river's water is not held back in a reservoir, but diverted through a tunnel, after which it turns turbines to generate electricity before flowing back into the river.

Mr Bhat said that "We have seen in recent times that Pakistan has raised strong objections to power projects like Baglihar and Kishanganga. They are going to do the same, especially at a time when India has openly said that it is going to use water as a strategic tool to put pressure on Pakistan."

Source : IANS
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41 hydro power projects running behind schedule - Government

PTI reported that a total of 41 under-construction hydro electric projects (above 25 MW) with a combined capacity of 11,792.5 MW are running behind schedule, Parliament was informed. "Presently, 41 HEPs (above 25 MW), aggregating to 11,792.5 MW, are under construction in the country. All the above projects are running behind schedule," Mr Piyush Goyal, Power Minister said in a written reply to Rajya Sabha.

Mr Goyal said that the projects are lagging on account of natural calamities, delays in forest clearances and land acquisition and law and order problems. He also said state-owned NHPC is scheduled to generate 4458.69 million units additional power from two of its under- construction projects - Parbati-II (800 MW) in Himachal Pradesh and Kishanganga HEP (330 MW) in Jammu & Kashmir.

He said that while Parbati-II is scheduled to be commissioned in October 2018, Kishanganga is scheduled to begin in January 2018, he said.

Source : PTI
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Hydro powered smelters charge premium prices for green aluminium

Reuters reported that producers of "green" aluminium made using renewable energy rather than fossil fuels are starting to charge premium prices thanks to rising demand from industrial customers under pressure to reduce their carbon footprints. Operators of smelters powered by hydro-electricity in the likes of Norway, Russia and Canada are promoting their environmental credentials and stealing a march on others that rely on coal or gas, notably in China and the Gulf.

The competitive edge lies not in the metal itself, but the fact that its production requires far lower total emissions of greenhouse gases including carbon dioxide.

While they do not use the term "green" aluminium, a number of producers are offering low-carbon guarantees on their metal, although they refuse to say how much more they charge for this beyond saying the premiums are relatively modest.

Those with access to large hydro-power capacity such as Norway's Norsk Hydro, US based Alcoa, Russia's Rusal and London-listed Rio Tinto believe the tide is turning in their favour.

Nearly 200 countries have agreed to set targets for limiting CO2 emissions under the Paris climate accord on curbing global warming, although President Donald Trump has decided to pull the United States out of the pact.

This is boosting demand for "green" aluminium particularly from the motor, electronics and packaging industries which need to produce lower carbon goods to satisfy regulators, investors and consumers.

The pressure to make low carbon metal is increasing from all sides, said Kathrine Fog, a senior vice president at Norsk Hydro. "We've seen this coming from the market, our customers, shareholders, financial markets, NGOs, you name it," she added. "That means in the end it will affect the bottom line."

Making aluminium from bauxite ore requires massive amounts of electricity, so a plant's energy source is the biggest contributor to its overall greenhouse gas emissions rather than the smelting process itself.

Making one tonne of aluminium at plants using power generated by burning coal, the main source for those in China and Australia, releases up to 18 tonnes of CO2 equivalent.

For gas-powered plants in the Middle East, the figure is between five and eight tonnes, but for those running on hydro-power it is lower still at only around two tonnes.

Aluminium can also be recycled with even lower emissions, although global demand is such that new metal will be required for years to come.

While the world is pushing for a lower carbon future, the aluminium industry overall is heading in the other direction.

In 2005, the amounts of hydro and coal power used to make aluminium were roughly the same at around 200,000 gigawatt hours each, according to the International Aluminium Institute (IAI). A decade later the hydro figure had changed little, whereas coal had leapt to around 450,000 GWh.

That was largely due to expansion in China, which now accounts for around 55 percent of global aluminium output. The country's plants rely on coal for 90 percent of their energy needs.

With gas use also rising due to new plants in the United Arab Emirates, Bahrain, Qatar and Saudi Arabia, hydro's share of the mix slipped to 30 percent in 2015, according to IAI data. This compared with 59 percent for coal and nine percent for gas, with nuclear energy accounting for the remaining two percent.

But at the same time, companies including iPhone maker Apple and Toyota are working to reduce the carbon footprint of their products. A number of aluminium makers are therefore positioning themselves to benefit by offering metal with guaranteed low emissions.

Source : Reuters
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19 hydro-electric projects under construction in Himalayan region - Government

ET reported that nineteen hydro-electric projects of various capacities are under construction in the Himalayan region, the Lok Sabha was informed. Union Minister of State for Water Resources, River Development and Ganga Rejuvenation Mr Sanjeev Kumar Balyan, replying to a question, also provided data on the number of dam projects which have been concurred by the Central Electricity Authority and are yet to be taken up for construction, and also those which are under examination in the CEA.

Mr Balyan said that of the 19 under-construction projects, all of which have above 25 MW capacity, four each are in Uttarakhand and Sikkim, three each in Himachal Pradesh, Arunachal Pradesh and Jammu and Kashmir and one each in Mizoram and Punjab.

He said that forty hydroelectric projects have been concurred by the CEA and are yet to be taken up for construction. Six hydroelectric schemes in Uttarakhand, Arunachal Pradesh and Himachal Pradesh are under examination of the CEA.

Source : ET
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HCC wins hydro power contract worth INR 810 crore in Jammu and Kashmir

Hindustan Construction Company said that it has bagged a contract worth INR 810 crore from Jammu and Kashmir State Power Development Corporation. The contract is for construction of 93 MW (3x31 MW) New Ganderbal hydro power project on Sind River in central Kashmir on EPC basis. The work is to be completed in 48 months.

HCC said in a BSE filing that "Hindustan Construction Company has been awarded a contract worth Rs 810.37 crore contract by Jammu and Kashmir State Power Development Corporation Ltd (JKSPDCL)."

Source : PTI
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Tuirial hydro power project to be commissioned in October – Mr Lal Thanhawla

PTI reported that Mizoram CM Mr Lal Thanhawla said that the 60-megawatt Tuirial Hydro Electric Power Project would be commissioned in October. Addressing the ruling Congress workers at Congress Bhavan here, Mr Lal Thanhawla said that the 20-megawatt solar power project near Vankal village in Champhai district would be completed next year.

He claimed the Congress would make a record by returning to power for the third consecutive term by winning the assembly election next year.

Source : PTI
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India plans to add 1,305 MW hydropower capacity in current fiscal

ET reported that India is planning to add around 1,305 MW of additional hydropower generation capacity in the current financial year, over 20 per cent lower as compared to 1,659 Mw added last fiscal. The last year’s target stood at 1,714 Mw. This year, the government is expecting 1,000 MW to be commissioned through its four Public Sector Undertakings (PSUs) projects while the rest 305 MW are expected to from the private sector.

A senior power ministry official said that “Of the 1,305 MW capacity planned this year, 266 MW has already been commissioned so far. From our own PSUs, we are expecting 1,000 MW to be installed while the rest will be from the private sector.”

Of the four PSU projects, 60 MW is expected to come in Mizoram from Tuirial hydro project of North Eastern Electric Power Corp (NEEPCO), 330 MW from Kishanganga project of NHPC Ltd in Jammu & Kashmir, 110 MW from Pare Hydro Project and 600 MW Kameng Hydropower plant in Arunachal Pradesh operated by NEEPCO.

The official said that “Projects of 30 Mw of the 1,000 MW capacity expected from government PSUs has already been commissioned while out of the 305 MW expected from the private sector, 266 MW has been commissioned so far.”

India’s hydro power generation grew 2.14 per cent to 15.41 Billion Units (BU) in the month of July as compared to 15.08 BUs in the corresponding month last year, according to data from Central Electricity Authority (CEA). Hydro generation saw a growth of only 1.73 per cent in July 2016 as compared to the growth of 8.2 per cent in July 2015.

Source : ET
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NEEPCO says 2 hydro electric projects to be commissioned in 2018 in Arunachal

PTI quoted the North Eastern Electric Power Corporation as saying that its two hydro electric projects in Arunachal Pradesh are on the verge of completion and they would be commissioned next year. Commissioning of the 600 MW Kameng Hydro Electric Project and the 110 MW Pare Hydro Electric Project was delayed by about a couple of months due to floods and landslides.

Mr S Borgohain, NEEPCO Personnel Director said that "The Pare Hydro Project is set to be commissioned by February end next year, while the Kameng project would take another two months."

Mr Borgohain, General Manager Mr P S Borthakur and other NEEPCO officials today donated INR 50 lakh to the Chief Minister's Relief Fund of Arunachal Pradesh under its corporate social responsibility.

An official said that the cheque was handed over to Chief Minister Pema Khandu who thanked NEEPCO for the contribution. Khandu assured support of the state government to NEEPCO officials in overcoming the issues that may have cropped up after the damage done by torrential rains and the following flood.

Source : PTI
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Closed hydropower plant of NHPC in Darjeeling is back to life - Report

ET reported that after remaining silent for around two months, mainly due to ongoing political unrest, national hydropower giant NHPC’s 160MW TLDP stage IV in Darjeeling hills of northern West Bengal has come back to life again today. One more closed NHPC plant of 132 MW, there TLDP III, is also likely to start producing soon.

Mr Debajit Chattopadhyay, Executive Director NHPC, said that “Thanks to all concerned for cooperation that has helped us to turn on TLDP (Teesta Low Dam Project) IV today. TLDP III is also ready to run. We are waiting for the clearance from State Load Dispatch Centre(SLDC).”

As per existing system, NHPC sends a ‘schedule’ or report of preparedness to SLDC. It keeps track of power demand as well as supply from all sectors. Based upon that, SLDC allocates distribution and coordinates production to maintain proper balance between demand and supply.

Mr Chattopadhyay said that “We have already filed our ready report to SLDC about TLDP III and waiting for their green signal to start producing. At this season of monsoon with highly favourable water inflow, we can have very high level of output from both the plants.”

Incurring a loss of over INR 2.5 crore a day, TLDP plants had to be closed down in mid July following agitation of mob supporting political movement and bandh in Darjeeling hilly region that started on the 9th June on demand of separate statehood.

Mr KK. Mintri, Chairman, Terai Indian Planters Association, said that “It is a national loss to have these plants out of production at this peak monsoon. Nothing can justify this.” Saman Pathak, ex Rajyasabha MP and senior CPIM leader also echoed the same.

Source : ET
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Kyrgyzstan government terminates hydro power plants deal with Liglass

Reuters reported that Kyrgyzstan's government annulled contracts with Czech firm Liglass Trading to build 12 hydroelectric power plants in the Central Asian nation, saying the company had failed to make a USD 37 million payment on time. The deals have come under scrutiny in both countries because Liglass - whose bid had been backed by the Czech presidency had no experience building such plants.

Liglass won the contracts in June and July. One of them included a provision that the firm would pay Kyrgyzstan the same sum it needs to pay Russia - the previous partner in the project - for the work already carried out on it.

Some Kyrgyz government critics have cried foul over the deal and called for senior officials behind it to resign. The cabinet has insisted it had observed all rules and regulations.

But, the Bishkek government said in a statement it was terminating the deal unilaterally, having denied Liglass's request to delay the USD 37 million payment.

It also published letters from the Czech government and presidential administration supporting Liglass's initial bid and said it would keep the $1.1 million fee already paid by Liglass.

Source : Reuters
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India must encourage hydro power projects development - Mr RK Singh

ET cited power and renewable energy minister Mr RK Singh as saying that India must encourage development of hydro power projects as they help in providing inexpensive power in the long-term and are ideal for meeting peaking load demand. Mr Singh was speaking at the meeting of the Consultative Committee attached to his ministries in Guwahati. The meeting reviewed the functioning of state-run NHPC Ltd and implementation of the government’s Solar Rooftop Programme and the Solar Pumps Programme.

During the meeting, NHPC Chairman and Managing Director (CMD) Mr Balraj Joshi gave a presentation on the company’s areas of operation, portfolio of projects, performance on financial parameters, diversification into thermal and renewables and the way forward.

Mr Joshi informed the committee that NHPC is commissioning 22 projects of 6,691.2 megawatt (MW) capacity and is engaged in 25 projects of 14,000.5 MW capacity which are under various stages of development involving hydro, solar and thermal projects.

The ministry said in a statement that “Out of these, three hydro projects aggregating to a total installed capacity of 3,130 MW and one solar project of 50 MW in Tamil Nadu are under construction,” adding a 1,000 Mw project of JV Company Chenab Valley Power Projects Limited (CVPPL) has been accorded Cabinet’s clearance and its re-tendering is under finalisation.

Also, 14 projects of 9,167.5 MW are at various stages of clearances. “Six hydro projects of 553 MW are in the pipeline for preparation of feasibility report and another three projects of 805 MW are also on anvil.

Further, NHPC is envisaging addition of 150 MW solar projects in association with Solar Energy Corporation of India (SECI),” Mr Joshi said. He also added that NHPC has expanded its objective of developing renewable source of energy by commissioning 50 MW wind project in Jaisalmer, Rajasthan.

Source : ET
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Kirthai-I Hydroelectricity construction of likely to begin from next year

PTI quoted a government official as saying that construction of the 390 megawatt (MW) Kirthai-I Hydroelectricity project over the Chenab river, which flows into Pakistan, is likely to begin next year in Jammu and Kashmir’s Kishtwar district. The process to complete the formalities has been fast- tracked and tenders for it will be floated within three to four months, District Development Commissioner, Kishtwar, Mr Angrez Singh Rana said.

The official said that two public hearings have been held by the environmental clearance committee this month in Padder Tehsil to clear bottlenecks. Kirthai-I will be built at the Chandra Basin near Padder’s Kirthai village.

He said that the first hearing was held on October 14 and the second yesterday at Gulabgarh. This is a requirement before floating tenders.

He added that “I was informed by Power Development Corporation (PDC) authorities that the tenders will be floated within three to four months. This will pave way for beginning construction work of the project by next year.”

The official said that in the ‘run-of-the-river’ project the river’s water is not held back in a reservoir, but flows back into it after generating electricity.

He said that the project envisages the construction of a 165 meter high concrete gravity dam and requires a total of 321 hectares of state, private and reserved land of which the apportionment of private land is only 48 hectares in Padder.

He added that during the hearings, people raised several demands, including reasonable compensation rate for land, employment and free electricity after the completion of the project.

He further added that they have been told that the area development plan and corporate social responsibility would focus on development of Padder, and about 1,200 people would get the jobs during the execution of the project.

Source : PTI
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Markt vandaag

 AEX
899,60  -0,46  -0,05%  08 mei
 Germany40^ 18.507,80 +0,05%
 BEL 20 4.015,67 +0,48%
 Europe50^ 5.042,04 +0,08%
 US30^ 39.051,00 0,00%
 Nasd100^ 18.074,00 0,00%
 US500^ 5.186,74 0,00%
 Japan225^ 38.429,60 0,00%
 Gold spot 2.310,44 +0,06%
 EUR/USD 1,0750 -0,06%
 WTI 79,17 +0,90%
#/^ Index indications calculated real time, zie disclaimer

Stijgers

Air France-KLM +4,72%
INPOST +3,07%
EBUSCO HOLDING +3,01%
Van Lanschot ... +2,61%
Vopak +2,32%

Dalers

OCI -3,49%
Accsys -2,94%
Avantium -2,21%
ForFarmers -2,07%
NX FILTRATION -2,01%