The Union ministry of heavy industries and public enterprises has called for mandating only domestically manufactured power equipment for all future ultra mega power projects (UMPPs). And, for this to be made applicable for all future Case-2 bids — where the developer is expected to bid on the basis of specific fuel and location, where the specifics are provided by the central/state government callin ...

Korea Midland Power Corp., a local utility firm, said Monday that it has inked a 400 billion won (US$359 million) deal with two local shipping firms for the transportation of coals. Under the deal, Hyundai Merchant Marine Co. and the other local shipper will transport coals over the next 15 years to Korea Midland from Australia and Indonesia, starting from 2018. Korea Midland Power, a utility unit of the st ...

The CNOOC Gas and Power Group, a wholly-owned subsidiary of CNOOC, China's largest offshore oil and gas producer, said that its first floating liquified natural gas (LNG) project has gone through government approval. The floating LNG terminal project, located in north China's Tianjin Municipality, will be the first of its kind to be built in the country, the company said. It said in a statement that it will ...

The Indian government has decided to allot gas from new production areas of Oil and Natural Gas CorporationLtd. (ONGC) and Gujarat State Petroleum Corporation (GSPC) to come to the rescue of around 25 power plants, with the stoppage in supply from Reliance Industries Ltd.'s Krishna-Godavarai (KG) D6 field, reports said, quoting a top petroleum ministry official. "We are planning to allot gas from new fields ...

Sindh Engro Coal Mining Company Ltd (SECMC), China Power International Holding Ltd (CPIH), and Sino Sindh Resources (Pvt) Ltd (SSR) have signed a memorandum of understanding (MoU) to develop 6000MW of Thar coal based power plants in Sindh. According to the MoU, the parties have reached an intention of jointly developing, within the next 10 years, coal-fired power projects with a total installed net capacity ...

State utility NTPC will seek another 4 million tonnes of thermal coal shipments in this financial year, following its current tender to import 5 million tonnes of the dry fuel to bridge an expected shortfall in local supplies. NTPC, India's top power producer with an installed capacity of 41,184 megawatts, has an annual import need of 16 million tonnes of coal in the year to March 2014, up 65 percent from a ...

The Power Division is going to place the project summery of 1320MW joint venture coal-fired power plant to Prime Minister Sheikh Hasina in this week to sign a deal with Malaysia for setting up the project on equal share basis at Moheshkhali Island in Cox’s Bazar, an official source said. Bangladesh and Malaysia reached a mutual understanding on May to set up the coal-fired power plant during a recent visit ...

Essar Power plans to lift coal imports by a fifth after converting plants currently using gas, but the move is unlikely to signal a broader switch to coal by the nation's utilities in response to gas shortages and price reforms. New Delhi in late June approved higher gas prices by pledging to tie prices more closely to market rates to encourage producers to raise output and find supplies. Gas output in Indi ...

Tokyo Electric Power Co., Japan’s biggest power company by generation capacity, nearly doubled its coal consumption in July from a year earlier after starting new units that use the cheaper fuel. The utility, known as TEPCO, used 745,000 metric tons of coal last month, the most since at least April 2003, the earliest data available on the company’s website. Crude and fuel oil consumption fell by about 18 pe ...

Anil Ambani-led Reliance Power, which bagged three of the four ultra-mega power projects (UMPPs) in the country due to aggressive bidding , is now seeking tariff increase for all of its plants. The company is learnt to have approached the Central Electricity Regulatory Commission (CERC) to revise the tariff of TilayiaUMPP inJharkhand to Rs 2.25 per unit, more than 25% increase from its original bid price of ...