Monday, June 28, 2010

What's hot in Indian power sector?

  • Power trading is "ON" in India. Companies such as Jindal Power and states like Chhattisgar, J&K and MP have sold power on short term basis through the grid.
  • India is the 6th largest consumer of power. That is roughly 4 % of global consumption.
  • Solar India is shining bright:- Karnataka Power Corp. has set up 3 MW solar power plant. This is just the begining.
  • Private power players have cropped up in Hydel sector. KSK of Karnataka has bagged 2000MW contract from Arunachal govt., ousting....guess? ( NHPC !!)
  • What happens in multibillion dollar procurements in Indian power sector ? NTPC's bulk order of boilers is yet to be finalised as L&T was decalred invalid in round#1. NTPC plans to add 32000 MW in 12th plan.
  • Chinese power sector manufacturers have hit the first road block as Power Grid has put up a condition that they must have set up manufacturing facility in India !
  • Guess which neighbor of India is being helped this time? Its Afghanista ! Their engineers first batch completed Transformer training in Ahmedabad.
  • How much Indian metros consume? A back of envelop calculation goes like this:- Assuming 7 metros like Delhi ( @ 5000MW each) , our metros only need 35000 MW power. Imagine how much is left for rest of the country !
  • Boom boom time. Thats it for power sector in India. You know who is coming up with mega projects? Reliance,Aditya Birla and Hirananadanis. Jobseekers, be ready !
  • Many a slip between the cup and the lip. Dismal Indian nuke power generation plan is again in limbo after initial hopes generated after Indo-US civil nuke deal. This time Ministry of Environment has returned 4 new proposals of NPCIL.

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