The weekly newsletter highlights : policy news, industry & investment news and weekly snapshot.

1. ©
Gyan
Research
and
Analytics
Pvt.
Ltd.,
2015 1
Policy
News
❑ Gujarat
government
plans
to
relocate
INR
100
crore
for
electricity
infrastructure
Gujarat
government
plans
to
undertake
upgradation
of
existing
electricity
infrastructure
project
such
as
poles
and
transformers
at
a
cost
of
INR
100
crore
to
facilitate
developmental
works
by
various
urban
and
semi-­‐urban
civic
bodies
in
the
state.
The
reason
behind
the
project
is
to
overcome
major
problem
of
shifting
electricity
poles,
overhead
wires
and
transformers
while
undertaking
various
works
related
to
expansion
of
roads,
streets
or
construction
of
a
building.
The
government
assures
of
fresh
allocations
that
will
be
made
for
this
project
every
year.
Industry
News
❑ India
to
build
a
strategic
uranium
reserve
India
is
working
on
forming
a
strategic
uranium
reserve
to
confirm
its
atomic
power
reactors
not
to
face
shortage
of
the
nuclear
fuel.
The
reserve
pool
is
expected
to
be
between
5,000
MT
to
15,000
MT
which
can
last
for
5-­‐10
years.
Further,
a
proposal
has
been
sent
to
the
cabinet
for
approval
of
stocking
5,000
MT
of
uranium.
India
registered
a
record
production
of
over
1,252
MT
of
uranium
this
year
which
is
close
to
double
the
annual
fuel
requirement
of
atomic
reactors
in
the
country.
For
the
past
one
year,
India
has
been
purchasing
uranium
from
different
countries
including
Australia
and
Canada.
❑ India's
clean
energy
targets
way
ahead
of
others
By
2022,
India
aims
175
GW
of
renewable
energy
capacity,
including
100
GW
of
solar,
60
GW
of
wind
power,
10
GW
of
biomass-­‐fired
power
and
5
GW
of
small
hydro
power.
This
is
way
ahead
of
the
UN
global
goal
leading
the
world
in
the
area
of
sustainable
energy
from
renewable
sources.
❑ West
Bengal
government
transfers
hydro
projects
to
NHPC
West
Bengal
government
has
handed
over
state's
four
hydro
power
projects
with
a
combined
capacity
of
about
293
MW
to
National
Hydroelectric
Power
Corporation
(NHPC).
Teesta
Low
Dam
V,
Teesta
Low
Dam
I
&
II
combined,
Teesta
Intermediate
Stage
and
Rammam
Stage
I,
all
located
in
District
Darjeeling
of
West
Bengal
are
the
four
projects
which
were
so
far
under
West
Bengal
State
Electricity
Distribution
Company
Limited.
The
plan
is
to
turn
NHPC
into
a
mega
hydro
power
entity
with
a
market
value
of
worth
INR
51,000
crore
and
a
government
stake
of
up
to
81
per
cent.
❑ Cabinet
reviews
Punatsangchu
I
hydro
project
cost
to
INR
9,375.58
crore
Union
cabinet
approved
revised
cost
of
1,200
MW
Punatsangchu
I
hydro
power
project
in
Bhutan
to
INR
9,375.58
crore.
Price
escalation
of
generation
work
(29.7
percent),
change
in
scope/design
(9.82
percent),
inadequate
provision
(8.38
percent)
and
additional
requirement
(21.09
percent)
along
with
stabilisation
measure
for
the
right
bank
(6.32
percent),
increase
in
cost
of
transmission
work
(7.99
percent)
and
other
causes
(17.12
percent)
are
the
factors
behind
revision
of
the
project
cost.
Energy
News
July
18,
2015
–
July
24,
2015

2. ©
Gyan
Research
and
Analytics
Pvt.
Ltd.,
2015
❑ Solar
power
may
become
cheaper
than
thermal
in
2-­‐3
years
According
to
India
Ratings
and
Research,
Solar
power
is
likely
to
reach
INR
4-­‐4.5
per
unit
by
FY18
and
is
expected
to
become
as
cheap
as
conventional
thermal
energy
over
the
next
two
to
three
years.
A
decline
in
capital
costs
such
as
solar
modules
and
other
balance
of
plant
equipment,
increase
in
efficiency,
shift
towards
large
solar
photovoltaic
projects
leading
to
the
economies
of
scale
and
lower
return
expectations
by
developers
are
expected
to
be
the
driving
factors.
❑ India
ranks
third
for
LEED
green
buildings
with
1,883
certified
projects
among
top
10
countries
India
ranks
third
for
Leadership
in
Energy
&
Environmental
Design
(LEED)
certified
buildings
on
the
US
Green
Building
Council's
annual
ranking
of
the
top
10
countries.
Canada
leads
the
top
10
list
with
a
total
of
4,814
LEED
certified
and
registered
projects
followed
by
China
with
2,022
such
projects.
India
came
third
with
1,883
LEED
certified
projects.
Ascendas
IT
Park
in
Chennai,
Thomson
Reuters
Bangalore
Campus,
Ericsson
Tower
in
Gurgaon,
Nirlon
Knowledge
Park,
Building
6
in
Mumbai
and
the
DLF
IT
Park
in
Chandigarh
are
the
projects
that
got
LEED
certification
in
2014.
❑ 52
MW
solar
plant
in
Maharashtra
commissioned
by
Welspun
Renewables
Welspun
Renewables
commissioned
Maharashtra's
first
mega
solar
capacity
under
the
public-­‐private
partnership
model.
Baramati,
one
of
the
highest
radiation
receiving
regions
is
the
location
of
the
52
MW
solar
power
plant.
The
project
will
generate
enough
green
energy
to
power
2,40,000
households.
❑ Vestas
gets
46
MW
turbine
order
for
Indian
wind
project
Vestas
Wind
Systems
received
a
46
MW
turbine
order
for
a
wind
project
in
India.
The
order
was
for
23
units
of
the
V110-­‐2.0
MW
turbine
for
a
wind
farm
project
in
Karnataka.
The
contract
includes
delivery,
installation
and
commissioning
of
the
wind
turbines
along
with
the
15-­‐year
service
agreement.
❑ Tata
Power's
Mundra
power
plant
generates
6,296
MUs
in
first
quarter
Coastal
Gujarat
Power
Limited
generated
6,296
Million
Units
(MUs)
in
the
June
quarter
from
its
4,000
MW
Mundra
power
plant.
The
ultra
mega
power
plant
located
at
Mundra
in
Kutch
district
has
generated
62,945.77
MUs
from
2012
to
2015
and
recently
completed
three
years
of
operation.
This
power
plant
supplies
electricity
to
eight
distribution
companies
in
Gujarat,
Rajasthan,
Maharashtra,
Haryana
and
Punjab.
Further,
the
company
plans
to
scale
up
generation
capacity
to
18,000
MW,
with
20-­‐25
percent
coming
from
clean
and
green
sources.
❑ 66
kV
gas
insulated
switchgear
sub-­‐station
commissioned
by
TPDDL
66
kV
gas
insulated
switchgear
substation
at
Prashant
Vihar,
Rohini
has
been
commissioned
by
Tata
Power
Delhi
Distribution
Limited
(TPDDL).
The
substation
is
expected
to
benefit
50,000
consumers
including
institutional,
domestic
and
commercial
ones
and
is
commissioned
in
nine
months.
2
Energy
News
July
18,
2015
–
July
24,
2015

3. ©
Gyan
Research
and
Analytics
Pvt.
Ltd.,
2015
❑ ABB
India
gets
INR
125
crore
to
upgrade
3
substations
ABB
India
has
been
awarded
INR
125
crore
by
Power
Grid
Corporation
of
India
for
the
expansion
of
three
substations
by
the
use
of
gas-­‐insulated
switchgear
in
Vadodara,
Manesar
and
Malerkotla.
This
is
the
part
of
INR
175
crore
awarded
to
ABB
Group
in
the
second
quarter
of
2015.
Further,
ABB
India
also
plans
to
carry
out
the
installation,
testing
and
commissioning
of
the
substations
on
site.
❑ Blacklisted
Chinese
firms
getting
contracts
give
stiff
competitions
to
local
power
players
Blacklisted
Chinese
companies
have
won
several
contracts
to
supply
equipment
to
the
Indian
power
transmission
sector,
giving
local
firms
rigid
competition
by
beating
them
on
price.
Supply
of
sub-­‐standard
products
by
the
Chinese
firms
has
been
warned
by
the
local
companies.
Indian
companies
such
as
ABB,
Siemens
and
Alstom
T&D
manufacture
the
gas-­‐insulated
substation
which
is
a
critical
component
in
the
power
transmission
space
and
is
facing
stiff
competition
from
cheaper
Chinese
and
South
Korean
imports.
The
local
transmission
and
distribution
equipment
manufacturing
sector
is
operating
at
less
than
70
percent
of
its
capacity
due
to
this
reason.
❑ India's
crude
oil
output
fell
marginally
at
3.1
MT
India's
crude
oil
production
has
fallen
by
less
than
1
percent
to
3.1
million
tonne
(MT).
The
country
produced
3.101
MT
of
crude
oil
in
June
2015
as
compared
to
3.121
MT
in
June
2014.
India's
crude
oil
production
was
0.86
percent
down
at
9.3
MT
during
the
April-­‐June
quarter
of
the
current
fiscal.
Natural
gas
output
was
down
at
2.72
billion
cubic
meters
by
nearly
6
percent.
❑ Tata
Power
commissions
Radio
Frequency
Metering
Project
India’s
largest
radio
frequency
metering
projects
has
been
commissioned
by
Tata
Power
in
an
attempt
to
provide
error
free
bills
and
eliminate
the
entry
process
of
a
utility
person
in
premises
for
meter
reading.
The
company
has
lowered
the
carbon
footprint
involved
in
a
typical
meter
reading
exercise
and
has
plans
to
save
man-­‐hours
and
cost
of
manual
meter
reading
and
data
punching.
Tata
Power's
project
was
supported
by
Larsen
&
Toubro,
Cyan
Technology
(UK)
and
Neosilica
Technologies
(Hyderabad).
❑ RIL
to
relinquish
two
gas
discoveries
off
east
coast
Reliance
Industries
Limited
(RIL)
has
chosen
to
carry
out
government
prescribed
Drill
Stem
Test
(DST)
under
limited
cost
to
retain
its
three
finds
and
decided
to
relinquish
two
gas
discoveries
off
the
east
coast.
Discoveries
D-­‐40
in
NEC-­‐25
block
off
the
Odisha
coast
and
D-­‐31
in
KG
D6
block
will
be
relinquished
by
RIL.
However,
discoveries
D-­‐32
in
NEC-­‐25
block
and
D-­‐29
and
D-­‐30
in
KG
D6
block
will
undergo
DST.
The
budget
for
doing
the
DST
was
approved
at
block
oversight
panel
within
the
government
prescribed
cost
of
USD
15
million
each.
3
Energy
News
July
18,
2015
–
July
24,
2015

4. ©
Gyan
Research
and
Analytics
Pvt.
Ltd.,
2015 4
Energy
News
July
18,
2015
–
July
24,
2015
Investment
News
❑ IOC
plans
to
invest
INR
1,000
crore
to
raise
stake
in
CPCL
Indian
Oil
Corporation
(IOC)
plans
to
invest
INR
1,000
crore
for
raising
stake
in
Chennai
Petroleum
Corporation
Limited
(CPCL)
by
subscribing
to
preferential
issue.
Share
capital
of
the
company
have
been
decided
to
increase
to
INR
1,400
crore
from
INR
400
crore
by
the
shareholders
of
CPCL.
Approval
of
raising
borrowing
limit
to
INR
8,000
crore
for
both
domestic
and
foreign
borrowings
as
well
as
to
borrow
INR
3,000
crore
through
a
debenture
issue
on
private
placement
basis
to
fund
expansion
plans
has
also
been
received.
❑ Cairn
India
plans
to
merge
with
Vedanta
by
March
2016
Cairn
India
plans
to
merge
with
its
parent
company
Vedanta
resources
by
March
2016.
The
merger
is
decided
to
be
done
via
a
share
swap.
It
plans
to
give
the
parent
access
to
Cairn's
INR
17,000
crore
cash
which
is
likely
to
help
it
pare
debt.
❑ SunEdison
ties
up
with
Tata
Power
to
supply
solar
power
to
light
up
Delhi
SunEdison
signed
a
long-­‐term
agreement
with
TPDDL
to
supply
180
MW
of
solar
power
a
year
in
Delhi.
SunEdison
plans
to
supply
90
MW
of
power
to
the
distribution
company
at
a
delivered
tariff
of
INR
6.49
per
kWh
and
the
remaining
90
MW
at
a
delivered
tariff
of
INR
6.52
per
unit.
The
plant
is
expected
to
eliminate
emission
of
carbon
dioxide
of
about
3,00,000
metric
tonne
per
year.

5. ©
Gyan
Research
and
Analytics
Pvt.
Ltd.,
2015 5
Energy
News
July
18,
2015
–
July
24,
2015
Generation
Report
for
NTPC
Stations
(As
on
July
15,
2015)
Power
Station
Monitored
Capacity
(MW)
Generation
(MW)
Generation
for
2015-­‐16
April
2015
to
July
15,
2015
Program
(MU) Actual
(MU)
BADARPUR
TPS 705 515 1,084.6 834.45
FARIDABAD
CCPP 431.59 0 351.4 392.48
KOLDAM 800 920 0 468.49
ANTA
CCPP 419.33 0 343.65 341.67
DADRI
(NCTPP) 1,820 1,400 3,655.8 3,276.71
RIHAND
STPS 3,000 3,350 5,567.15 5,800.84
SINGRAULI
STPS 2,000 2,300 4,426.3 4,572.16
TANDA
TPS 440 440 916 993.22
UNCHAHAR
TPS 1,050 936 2,253.15 1,855.82
KORBA
STPS 2,600 2,990 5,775.46 5,690.74
SIPAT
STPS 2,980 2,852 5958 5,928.52
GANDHAR
CCPP 657.39 386 469.8 354.07
KAWAS
CCPP 656.2 322 506.05 538.49
VINDHYACHAL
STPS 4,260 3,791 8,954.85 8,738.47
MAUDA
TPS 1,000 1,000 1,346.7 511.8
SIMHADRI 2,000 2,000 4,426.65 4,234.34
R.
GANDHI
CCPP 359.58 0 146.3 4.05
RAMAGUNDEM
STPS 2,600 2,550 5,808.53 5,720.17
BARH
II 1,320 759 883.3 891.56
KAHALGAON
TPS 2,340 2,340 4,321.1 4,431.06
MUZAFFARPUR
TPS 415 127 331.6 278.76
TALCHER
(OLD)
TPS 460 506 1,066.4 1,162.34
TALCHER
STPS 3,000 3,450 6,768.29 6,954.88
FARAKKA
STPS 2,100 2,100 3,888.5 3,549.3
BONGAIGAON
TPP 0 0 27.6 0
Source:
Central
Electricity
Authority
Weekly
Snapshot

6. ©
Gyan
Research
and
Analytics
Pvt.
Ltd.,
2015 6
GYAN
RESEARCH
AND
ANALYTICS
PVT.
LTD.
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E-­‐mail:
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Website:
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Energy
News,
July
18,
2015
–
July
24,
2015
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