Specialist Energy Says Hayward Tyler Wins 3 Nuclear Deals About $5 Mln

Source : Specialist Energy Says Hayward Tyler Wins 3 Nuclear Deals About $5 Mln

(RTTNews) - Specialist Energy Group PLC (SEGR.L: News ) Wednesday said that its Hayward Tyler US nuclear operation received three new North American nuclear contracts worth about $5 million.

The largest of the new orders is from Dominion Nuclear for three sets of replacement columns for the specialist water circulating pumps which will be installed at Dominion's Millstone Nuclear Power Plant in Waterford, Connecticut.

Rgppl To Upgrade Dabhol Power Plant

nRgppl To Upgrade Dabhol Power Plant

A plan to add 2,100 MW of capacity to the Dabhol power plant has been approved by the board of Ratnagiri Gas and Power (RGPPL), which runs the plant. The capacity addition is estimated to cost Rs 8,820 crore. The gas-based project has a total project area of about 1,700 acre. It also has an associated liquefied natural gas (LNG) terminal.

R Power Awards Ge Rs 10k Cr Order

R Power Awards Ge Rs 10k Cr Order

Reliance Power has awarded a Rs 10,000 crore equipment order to GE Energy India for the expansion of its 2,400-MW gas-based power project at Samalkot, in Andhra Pradesh. Under the contract, GE will supply six frame 9FA gas turbines, 3 D-11 steam turbines and generators for the power project.

Bina Refinery To Resume Operations In 2011

Bina Refinery To Resume Operations In 2011

Bharat Petroleum Corporation’s Bina refinery, located in Madhya Pradesh, will commence operations early next year as a power plant, critical for the plant, will be set up in January after a delay of 21 months. The Rs 11,400 crore refinery is losing Rs 2.5 crore per day as it has not been able to function after a test run that was done by drawing power from the grid and using a hired boiler in July.

Isgec To Set Up 4,000 Mw Boiler Facility

Isgec To Set Up 4,000 Mw Boiler Facility

Isgec John Thompson (IJT), a division of Saraswati Industrial Syndicate Ltd and, Foster Wheeler North America Corporation, US, plan to set up a manufacturing facility for sub-critical and supercritical boilers in Tamil Nadu. The greenfield project is likely to see an investment of around Rs 800 crore. For the same, the company has sought 150 acre in the Tiruchy- Madurai belt.

Cccl Plans To Raise Rs 250 Cr From Pe

Cccl Plans To Raise Rs 250 Cr From Pe

Consolidated Construction Consortium Limited (CCCL) has made plans to raise about Rs 250 crore from a private equity (PE) fund for its infrastructure arm CCCL Infrastructure. The company also plans to foray into oil and natural gas by floating a separate division and would be followed by its foray into pipeline and ports business. At present,

Gail Plans Rs 400 Bn Investment

GAIL India will explore gas sector investment in the African market. It will make a capital investment of around Rs 400 bn ($8.8 bn) by 2014-15, mainly to expand its pipeline network and boost petrochemicals capacity.

Rgppl To Upgrade Dabhol Power Plant

A plan to add 2,100 MW of capacity to the Dabhol power plant has been approved by the board of Ratnagiri Gas and Power (RGPPL), which runs the plant. The capacity addition is estimated to cost Rs 8,820 crore. The gas-based project has a total project area of about 1,700 acre. It also has an associated liquefied natural gas (LNG) terminal.

Spanco to be Nagpur's power discom

Spanco has received a letter of intent from the Maharashtra State Electricity Distribution Company for distributing power to most parts of Nagpur. Spanco's bid, to be the power distribution franchisee for 15 years, was the highest at Rs 5,350 crore. It will provide efficient power, reduce losses and provide high level of consumer satisfaction to four lakh consumers of Nagpur city for 15 years.

APGenco awards water management project to VA Tech

The Andhra Pradesh Power Generation Corporation (APGenco) has placed order with VA Tech Wabag, one of the leading players in the water treatment sector, for total water management at their thermal power projects at Kakatiya and Rayalaseema under balance of plants package as part of consortium. Wabag part involves around Rs 290 crore for total water management.

Valecha Engg to forays into power sector in Madhya Pradesh

Valecha Engineering Ltd (VEL), through its 100 per cent subsidiary Valecha Infrastructure Ltd, is foraying into power sector by setting up 440 MW project in Madhya Pradesh. It has signed an MoU with the Government of Madhya Pradesh to this effect at the Global Investor Submit held at Khajuraho.

Jindal Power to raise Rs 7,000 cr, expand steel and power capacity

Jindal Power to raise Rs 7,000 cr, expand steel and power capacity

Jindal Power, a subsidiary Jindal Steel and Power, is likely to raise Rs 7,000 crore through initial public offer (IPO) in the next six months. According to the Executive Vice Chairman and Managing Director Naveen Jindal, the company will augment its power generation capacity to 6,000 MW in three years from the current 2,000 MW.

HPCL to expand Vizag refinery capacity for Rs 13k crore

HPCL to expand Vizag refinery capacity for Rs 13k crore

Hindustan Petroleum Corp Ltd will invest Rs 13,000 crore to double the capacity of its Vizag oil refinery in Andhra Pradesh to 15 million tonne a year by 2013-14. The preparation of detailed feasibility report (DFR) was in progress.

NLC to set up coal fired power plants and a wind mill

NLC to set up coal fired power plants and a wind mill

Neyveli Lignite Corp has proposed to set up 2,000 MW each coal-based power plant in Orissa and Uttar Pradesh and a 50 MW wind mill in Tamil Nadu costing of Rs 313 crore. However, according to recent reports, coal fired power plants cost as much as Rs 20,000 crore.

Hayward Tyler increase power at core manufacturing site

Hayward Tyler Group Ltd – a leading manufacturer of bespoke pumps and motors for the power generation and offshore oil and gas markets – has uprated the power infrastructure at its core testing facility in Luton, England.

Beijing Power Station choose HT Pumps

Hayward Tyler Group Ltd – the leading manufacturer and service provider for pumps and motors – is pleased to announce that it has received an order for two Boiler Circulation Pumps from Babcock & Wilcox Beijing Co. Ltd. for delivery to CIF Beijing in CIF Beijing [Tianjinxin Port], China.

This latest order for Hayward Tyler’s 520kW Glandless Motor Pumps will be used on 2 600MW Supercritical Once-Through (“ASOT”) boilers.

L&T secures order from Jaiprakash Power Ventures

L&T secures order from Jaiprakash Power Ventures:

"L&T has bagged an order worth Rs 6,500 crore from Jaiprakash Power Ventures for its 1,980 MW (3x660 MW) power plant being set up in Karchana district of Uttar Pradesh.

Adani Power eyes solar energy, inks 40 MW deal-Power-Energy

Adani Power eyes solar energy, inks 40 MW deal-Power-Energy-News By Industry-News-The Economic Times:

"MUMBAI: Power utility Adani Power is installing a 40 MW solar power plant in Gujarat as it forays into renewable energy, a top official told Reuters on Tuesday.

Power-hungry India seeks coal reserves

Power-hungry India seeks coal reserves:

"Australia could benefit as India looks for the coal and oil it increasingly needs to feed its rapidly expanding economy. POWER stations are a symbol of how rapidly India's economy is expanding.

Flowserve Announces Agreement with Saudi Aramco for the Yanbu' Export Refinery Project

Flowserve Announces Agreement with Saudi Aramco for the Yanbu' Export Refinery Project - MarketWatch:

"Aug 02, 2010 (BUSINESS WIRE) -- Flowserve Corporation (FLS 102.06, 2.90, 2.92%) , a leading provider of flow control products and services for the global infrastructure markets, announced it has received final approval from Saudi Aramco on a master purchase agreement to supply pumps, valves and services for the Yanbu' Export Refinery Project (YERP).

Adani to buy Australian coal miner's assets for Rs 4,200 cr-Metals & Mining-Ind'l Goods

Adani to buy Australian coal miner's assets for Rs 4,200 cr-Metals & Mining-Ind'l Goods / Svs-News By Industry-News-The Economic Times:

"NEW DELHI: Adani Enterprises is likely to buy Australian firm Linc Energy's coal assets in Queensland for about Rs 4,200 crore and an official announcement is expected on Tuesday.

Reliance Power used 50% IPO funds, projects yet to start

Reliance Power used 50% IPO funds, projects yet to start: Macquarie Equity Research-Power-Energy-News By Industry-News-The Economic Times:

"MUMBAI: Reliance Power has spent half of the proceeds garnered from its initial share sale but has not made much progress on the execution of its major power projects, according to Macquarie Equity Research. RPower had raised $2.5 billion in January 2008, from the largest IPO in the history of the Indian markets. The report, authored by analyst Jeff Evans, retains an underperform rating on the stock as he believes the current market value cannot be justified considering what it describes as the “risk around execution”. A lot of success is already built into the price, according to the report.

Mr Evans says that the bulk of the money spent in the past two quarters have not been on the five power projects highlighted in the prospectus, including the so-called ultra-mega power project at Sasan. Ultra-mega projects are large power plants capable of generating more than 4,000 mw. Such projects, awarded by the government through a tendering process, are a key component of India’s plans to ramp up generating capacity."......................

Adani buys Galilee coal block in Australia

The Hindu : Business / Companies : Adani buys Galilee coal block in Australia:

"Gautam Adani-led Adani Enterprises Ltd. (AEL) on Tuesday entered into a pact with Australia's Linc Energy to buy the latter's coal assets for Australian dollar 500 million (about Rs.2,100 crore).

In addition, Adani will pay a royalty of A $2 on every tonne of coal mined over the next 20 years to the Australian miner, under the purchase agreement inked by its subsidiary, Adani Mining Pty.

The royalty payments are estimated at A $2.5 billion (about Rs.10,500 crore), taking the overall deal size to Rs.12,600 crore.

“We were in search of coal mines to enable the rapid expansion of the power business of Adani Power in India while also expanding AEL's coal business, where we are the largest importer of thermal coal,” AEL CFO Devang Desai told reporters here.

“As per our Vision 2020 development plan, we aim to increase our power generation capacity from 13,000 MW to 20,000 MW,” Mr. Desai said.".....................

Gujarat government against second UMPP in the state

Gujarat government against second UMPP in the state - Economy and Politics - livemint.com:

"Ahmedabad: The Gujarat government has opposed the setting up of a second ultra-mega power project (UMPP) in the state on the grounds that its present terms of allowing a pass-through of any escalation in the cost of imported coal to consumers through higher tariffs were not acceptable to the state government.

NTPC-BHEL JV plans delayed by two years

Projects Monitor :: NTPC-BHEL JV plans delayed by two years:

"Expressing concerns over the delay in executing the business plan of NTPC-BHEL Power Projects Ltd, the ministry of power has asked the public sector joint venture partners to put in extra effort to implement the plan so as to complete phase- I by 2012 and phase-II by 2015 as scheduled.

GEECL to bid for city gas distribution

GEECL to bid for city gas distribution:

"Great Eastern Energy Corporation (GEECL) plans to enter a city gas distribution network through Great Eastern Energy City Gas (GEECGL), its sister concern.

Tata BP Solar plans expansion

Tata BP Solar plans expansion:

"Tata BP Solar, a JV between Tata Power and BP Solar, proposes to increase its photovoltaic (PV) cell manufacturing capacity from the present 84 to 180 MW in the current fiscal.

L&T to add capacity to Rajpura plant

L&T to add capacity to Rajpura plant:

"L&T has entered into partnership with the Punjab State Power Corporation (PSPCL) to add 700 MW capacity to the Rajpura coal based power plant in Punjab. The current capacity of the Rajpura plant is 1,400 MW (2x700 MW).

Gas allocation policy may be tweaked

Gas allocation policy may be tweaked:

"The Union Government is considering amending the gas allocation policy that says that state-owned companies cannot start project before securing fuel linkage. As per the Department of Public Enterprise guideline, state-owned companies cannot order equipment and begin construction activities before securing fuel linkage for the projects. Private developers can begin work even before getting gas linkage putting them ahead in terms of work done, a key consideration in gas linkage, putting the state-owned power developers at a disadvantage.

Durgapur Projects plans gas power plant

Durgapur Projects plans gas power plant:

"Durgapur Projects plans to set up a 700 MW gas based combined cycle power project at Durgapur in Bardhaman district of West Bengal. The company has invited EoIs from consultancy firms for preparation of feasibility study report for the project. The last date of submission of bids is 31 August 2010."

East Coast Energy achieves financial closure for Bhavanapadu Phase II

East Coast Energy achieves financial closure for Bhavanapadu Phase II:

"East Coast Energy (ECEPL) has mopped up funds for Phase II of the 2,640 MW coal based power plant at Bhanvanapadu in Srikakulam district of Andhra Pradesh. The company has achieved financial closure with PFC leading the funding along with an 11-bank lenders' consortium. The debt of Rs 5,415 crore sanctioned includes Rs 2,140 crore from PFC, State Bank of India (Rs 1,000 crore), Punjab National Bank (Rs 400 crore), Bank of Baroda (Rs 325 crore), Corporation Bank (Rs 250 crore) and other banks (Rs 1,300 crore). In addition, Rs 1,662 crore of non-fund based limits have been sanctioned by the lenders' consortium.

APL synchronises Unit III of 330 MW at Mundra

APL synchronises Unit III of 330 MW at Mundra:

"Adani Power (APL) on 30 July 2010 synchronised Unit II of 330 MW under the Phase II of its coal based power plant at Mundra in Kachchh district of Gujarat, thus taking the capacity of Mundra power plant to 990 MW. The Unit IV of 330 MW under the Phase II at Mundra is likely to be commissioned by October 2010. The greenfield coal based power project is being implemented in two phases, each phase comprising two units of 330 MW each.

Offshore wind heads for record year

Energ�tica XXI - Actually news of energy sector:

"Those 118 turbines have a capacity of 333 MW – well over half the 577 MW installed offshore last year - showing continuing strong growth in offshore wind power despite the financial crisis. In addition, 151 turbines (440 MW) were installed but not yet connected to the grid, EWEA revealed today. Overall 16 offshore wind farms totalling 3,972 MW were under construction. Of these, four became fully operational: Poseidon in Denmark, Alpha Ventus in Germany, Gunfleet Sands and Robin Rigg in the UK.

Licensing agreement for oil and gas compressors

Energ�tica XXI - Actually news of energy sector:

"Further expanding its technology presence in India and the region, GE has signed a 10-year licensing agreement with Bharat Heavy Electricals Limited (BHEL) of India. According to the agreement, signed through GE Oil & Gas’ Italian entity Nuovo Pignone, GE’s advanced range of high performance, high efficiency centrifugal compressors will be manufactured under license at BHEL’s production site in Hyderabad, India, for sale in India and in other South Asian territories. John Flannery, president and CEO, GE India said: “This agreement builds on our strategy of bringing world-class technology to the Indian marketplace. It strengthens GE’s ‘company to country’ approach by creating growth opportunities and developing local skills and expertise. BHEL is an excellent partner for us, consistent with GE’s high standards in performance engineering and customer service.' Mr. B.P. Rao, chairman & managing director, BHEL said: “This licensing agreement is an endorsement of our existing partnership with GE and of BHEL’s own world-class engineering capabilities. I’m confident that together we can support customers in India, with the outstanding compression technology that is synonymous with GE Oil & Gas and which these markets require for continued industrial growth.”"...............

Energ�tica XXI - Actually news of energy sector

Energ�tica XXI - Actually news of energy sector:

"Gamesa has signed an agreement with Esquilvent, a wind power developer from Castile-Leon for the construction of three wind farms with aggregate capacity of 140.6 MW in the town of Ampudia in Palencia (Castile-Leon, Spain). The contract encompasses execution of the wind farms’ electrical installations and the civil engineering work as well as the supply, assembly, installation, start-up and maintenance of 75 Gamesa G90 turbines. Under the terms of the agreement, Gamesa will operate the facility and provide maintenance services for a five-year period. Gamesa plans to start to build the wind farms immediately, work which should be completed between the end of 2010 and the first quarter of 2011."...........

Small and medium-scale solar thermal power stations: the new "Multi-Talents

Energ�tica XXI - Actually news of energy sector:

"In the near term, such power stations can make an important contribution to a sustainable energy supply.Concentrating collectors generate heat at temperatures up to 400 degrees Celsius which can be used in many ways: electricity, cooling and industrial process heat. Further information can be obtained at: http://www.mss-csp.info.

Fuel-Flexible gas turbines selected to help meet growing demand

Energ�tica XXI - Actually news of energy sector:

"GE will supply fuel-flexible gas turbine technology for the Kenitra Power Plant, which will help the Office National de l’Electricit� (ONE) of Morocco meet an increasing demand for electricity to support the country’s strong economic and industrial growth. GE and its consortium partner, Cegelec SAS of France, have received a contract totaling more than €200 million for the project, which will feature three GE Frame 9E gas turbines that offer the flexibility to burn heavy fuel oil, with distillate as a backup.

Constellation to Reduce Investment in Maryland Nuclear Project

Constellation to Reduce Investment in Maryland Nuclear Project - Power Technology: "Constellation Energy Group (CEG) plans to reduce spending on a new reactor planned for a nuclear power plant in Maryland, US, as it is yet to receive a federal loan guarantee for the project.  The firm will slow design and other work on the project by contractors including Areva and Bechtel Group, according to the Wall Street Journal.

OG&E Gets Regulatory Approval for Wind Farm

OG&E Gets Regulatory Approval for Wind Farm - Power Technology: "OG&E has received approval from the Oklahoma Corporation Commission to build and operate a new wind farm in north-western Oklahoma, US. OG&E Utility Commercial Operations vice president Jesse Langston said that they reached agreements with customer and shareholder groups, state agencies and regulatory officials that lead the Commission to approve the Crossroads project.

Alstom to Upgrade Iraq's Power Grid

Alstom to Upgrade Iraq's Power Grid - Power Technology: "Alstom will develop and modernise Iraq's electricity infrastructure under a memorandum of understanding (MoU) with the country's Ministry of Oil and Electricity on three major projects. Under the MoU, Alstom will provide engineering, procurement and construction of a power plant at Bassorah in southern Iraq.

Thailand to Seal Myanmar Natural Gas Purchase Deal

Thailand to Seal Myanmar Natural Gas Purchase Deal - Power Technology:

"Thailand is set to sign a deal to buy natural gas from the Zawtika offshore field in the Gulf of Martaban, Myanmar. Thailand Energy Minister Wannarat Charnnukul said the natural gas purchase deal will be signed between Thailand's state-controlled PTT PCL, state-owned Myanmar Oil and Gas Enterprise and PTTEP International.

Consumers Energy to Receive Wind Turbines from Vestas

Consumers Energy to Receive Wind Turbines from Vestas - Power Technology:

"Consumers Energy will receive 56 wind turbine generators from Vestas for its Lake Winds Energy Park in Mason County, Michigan, US. As per the contract, Vestas will manufacture, deliver and commission V100 turbine units of 1.8MW class.The total installed capacity of the 56 turbines is 100.8MW.

Alstom Wins $100m Wind Farm Contract in Brazil

Alstom Wins $100m Wind Farm Contract in Brazil - Power Technology:

"Alstom has signed a $100m contract with Brazilian renewable power generating company Desenvix to build a 90MW wind farm complex in Bahia, Brazil. According to the contract, the French company will provide 57 ECO 86 wind turbines of 1.67MW each, which will be installed at Brotas complex, which will have three wind farms.

Power Companies Unite for Saudi Nuclear Projects

Power Companies Unite for Saudi Nuclear Projects - Power Technology:

"The Shaw Group, Toshiba Corporation and Exelon Nuclear Partners are teaming up to pursue nuclear power projects in Saudi Arabia.

The groups are coming together to pursue engineering, procurement, construction and operations projects for nuclear power plants using Toshiba's Advanced Boiling Water Reactor (ABWR).

Toshiba and Shaw will look after engineering, procurement and construction while Exelon will provide operations and related services for projects the team wins.

The group will also use Westinghouse AP1000 technology, a passively cooled nuclear technology.

In April 2010, Saudi Arabia established a high-level organisation to oversee all aspects of its nuclear power industry.

Shaw is currently working in Saudi Arabia, performing a three-phase study to define and recommend operational improvements at 53 power plants throughout the kingdom.

Toshiba and Exelon Nuclear will require framework agreements on civil nuclear cooperation between Saudi Arabia, the US and Japan to work in the country."

Essar Unit to Acquire Navabharat Power

Essar Unit to Acquire Navabharat Power - Power Technology:

"Essar Power, a subsidiary of the UK-incorporated Essar Energy, has entered into binding agreements to acquire Navabharat Power, a special purpose vehicle formed to build a 2,250MW coal-fired power project in the Indian state of Orissa. Essar Power will initially acquire 76% of the existing equity with balance 24% being acquired upon completion of certain project milestones, the company said.

Siemens to Supply Turbines for Griffin Scottish Wind Farm

Siemens to Supply Turbines for Griffin Scottish Wind Farm - Power Technology:

"Siemens Energy will supply 68 wind turbines of 2.3MW class to SSE Renewables at the Griffin wind power project in the Scottish Highlands. Upon its completion in 2012, the wind farm will generate 156MW to supply power to over 80,000 homes in Scotland. Siemens will deliver, install and commission the wind turbines at the site.

World's First Ultra-High-Voltage Power Superhighway Comes Onstream in China

World's First Ultra-High-Voltage Power Superhighway Comes Onstream in China - Power Technology:

"The world's first ultra-high-voltage direct current (UHVDC) transmission link, the Xiangjiaba-Shanghai project, will go into commercial operation this month, operator ABB has announced.

The �800kV Xiangjiaba-Shanghai UHVDC link has the capacity to transmit up to 7,200MW from the Xiangjiaba hydropower plant in southwest China to Shanghai.

The new link will supply power to about 24 million people, and sets a new benchmark in terms of voltage levels and transmission capacity, superseding the 600kV Itaipu transmission line in Brazil.

As part of the project, ABB was responsible for overall system design and supplied the main equipment.

The scope of delivery includes 28 high- and ultra-high-voltage converter transformers, thyristor valves, switchyard equipment and the newly developed DCC800 HVDC control system, ABB said."

Vestas to Supply Turbines to Ningxia Hanas

Vestas to Supply Turbines to Ningxia Hanas - Power Technology:

"Vestas will supply turbines to Ningxia Hanas New Energy Company, China, under a new order. Under the deal, Vestas will supply 25 units of V90-1.8/2.0MW turbine that will provide a combined generating capacity of 45MW. The contract includes towers, delivery, transportation, installation and commissioning of the wind turbines, a VestasOnline Business SCADA solution and a two-year service and maintenance agreement.

BHEL to Install Indian Thermal Power Plant

BHEL to Install Indian Thermal Power Plant - Power Technology:

"Bharat Heavy Electricals (BHEL) will install a 1,200MW thermal power plant for Dainik Bhaskar Power in the state of Chhattisgarh, India. Valued at INR26.6bn ($563m), the order includes supply and installation of the main plant package for their upcoming coal-based thermal power project in Chhattisgarh. The thermal plant comprises two 600MW thermal sets.

UK Unveils New Energy and Climate Change Policy

UK Unveils New Energy and Climate Change Policy - Power Technology:

"The UK's energy and climate change policy has been recalibrated 'to accelerate the transformation of the energy system and wider economy', the government has announced.

In an annual energy statement to Parliament, Energy and Climate Change Secretary Chris Huhne set out 32 actions to meet targets of cutting emissions by 80% by 2050.

'Today's Annual Energy Statement sets out 32 important actions to introduce the transparency, certainty and long-termism needed to unlock investment', Chris Huhne said.

In a statement the government said 'the 2050 Calculator provides the most comprehensive, long-term analysis ever undertaken by the government.'

'The challenge is ambitious but achievable. We're already on track to cut the UK's emissions by 34% by 2020, and will do more if we can win the case for greater ambition across the whole EU,' Chris Huhne said."

SunPower and Solar Ventures to Build Solar Plants in Italy

SunPower and Solar Ventures to Build Solar Plants in Italy - Power Technology:

"SunPower and Solar Ventures will build three solar power plants in the Piedmont region of Italy under a new agreement.

Totaling 11.1MW over 30 hectares, the farms are one of the largest solar power developments in the region.

Work on the plants will begin this month and is expected to be completed by the end of the 2010.

SunPower will mount standard-efficiency solar panels including SunPower Serengeti panels on fixed-tilt, ground-mounted systems."

Far East Wind Power to Acquire Wind Projects in China

Far East Wind Power to Acquire Wind Projects in China - Power Technology:

"Far East Wind Power will acquire rights to a number of development stage wind farm projects in Heilongjiang Province, China, from Heilongjiang Ruihao Technology Group, under a letter of intent (LOI).

The proposed venture, known as the Ruihao Project, currently has exclusive access to substantial wind resources in Heilongjiang Province and Jilin Province.

Far East and Ruihao plan to cooperate in developing several wind farms, the first of which is the Guangyuan Daxin Project Phase I, Heilongjiang Province, with a capacity of 49.5MW.

Phase I is part of a proposed 200MW development project.

The project is in the final permitting and approval process and Ruihao expects it to be ready for construction in 2010.

Far East is expected to complete due diligence on the Ruihao Project within 30 days after the LOI is signed."

Midhani gets Rs 32 crore order

Projects Monitor :: Midhani gets Rs 32 crore order:

"Midhani has bagged a Rs 31.5 crore order for supply of 900 end fitting forgings required for the 700 MW PHWR (Pressurised Heavy Water Reactors) being set up by the Nuclear Power Corporation of India Ltd. Midhani was the first to get clearance from NPCIL for supply of this component. The company is expected to execute and complete the order by September 2011."

GAIL to invest Rs 5,000 cr on LPG pipeline network

Projects Monitor :: GAIL to invest Rs 5,000 cr on LPG pipeline network:

"GAIL (India) Ltd is planning to invest Rs 5,000 crore to augment the capacity of its existing LPG pipelines and lay around 1,000 km of new pipelines across the country. Speaking to Projectmonitor, senior company officials said that GAIL was eyeing huge capital investments in pipeline infrastructure in the coming years.

At present, out of around 10.5 million tpa of bulk LPG transportation in India, 52 per cent is through road tankers, 14 per cent by rail, 4 per cent by ocean tankers and ships, and 30 per cent through pipelines. About 2,200 km of exclusive LPG pipelines have been laid so far. These pipelines have a capacity to transport over 4.0 million tpa of LPG from various refineries to the bottling plants. Out of these, GAIL owns and operates 1,900 km of pipelines of 3.6 million tpa capacity.....................

Further, it is estimated that a potential 200-250 cities could be provided with city gas distribution networks by 2020, which would translate into an investment outlay of Rs 30,000- 50,000 crore. The natural gas required to cater to these cities would be to the tune of 40-50 mmscmd, which would come through the existing and new trunk pipelines."

Hayward Tyler speed up offshore services

Hayward Tyler Group Ltd – a leading manufacturer, service provider for pumps and motors – has further strengthened its offshore service operations to support the increasing demand for fast turnaround on repairs and maintenance of critical offshore equipment.

Hayward Tyler designed and built the first submersible motor in 1908 and is expert in wet wound motor and pump technology. In addition to the regional office based in Aberdeen, UK facilities include a fully functional service workshop, providing offshore customers with efficient and cost effective services. Fully qualified mechanical engineers can carry out the installation and minor repair of our units and provide complete wet-wound motor services for equipment on offshore platforms; enabling customers to monitor quality and reduce turnaround times.

Our onshore submersible facility, the only one of its type in the UK, can test units up to 1200 m3/hr, with a maximum voltage rating of 11Kv. Firewater pumps (line shaft and submersible), booster pumps, jockey pumps and subsea pumps and motor sets are few examples of equipment that we are able to test.

Hayward Tyler specialises in the design and manufacture of bespoke pumps and motors for the power generation and offshore oil and gas markets. Hayward Tyler has designed and delivered an array of specialist seawater lift and fire water pumps and manufactured the world's largest and deepest subsea motor. For more information on these products and the services we offer, please visit our website www.haywardtyler.com

Private sector fires Bhel's order book

Projects Monitor :: Private sector fires Bhel's order book:

"Bharat Heavy Electricals Ltd secured the highestever orders from private power utilities in fiscal 2009-10. Out of the total contracts of 16,489 mw for power plant equipment received by BHEL during the year, the orders from independent power producers alone accounted for 14,689 mw. This constituted nearly 90 per cent of the total orders booked by the company's power division. In financial terms, the orders amount to Rs 33,787 crore—more than threefold increase over the previous year.

During the year BHEL received orders from private sector companies such as Abhijit Infra Pvt. Ltd, ACC Ltd, Adhunik Power and Natural Resources Ltd, Avantha Power Infrastructure Ltd, Hindalco Industries Ltd, Indiabulls Group, Jindal Power Ltd, Jaypee Group, Sterlite Industries India Ltd, Tata Group and Videocon Industries Ltd, among others.

BHEL's ongoing supercritical orders
Promoter
Project
Location
Capacity
NTPC
Barh
Bihar
2x660 mw
Jaypee Group
Prayagraj
Uttar Pradesh
3x660 mw
APGenco*
Krishnapatnam
Andhra Pradesh
2x800 mw
* Only for boilers, L&T-MHI to supply turbines"

Taiwan Builds its Largest Solar Plant

Taiwan Power Co, know as Taipower, will build the country's largest solar power station in Tainan to reduce carbon emissions.

Taipower chief engineer Tu Yueh-yuan told Bloomberg the proposed 5MW plant will produce more power than a 4.6MW facility in Kaohsiung County, Taiwan.

The utility is in talks with Taiwan Sugar, which owns the land for the proposed site, according to Tu.

Taipower is building solar stations and wind turbines to meet a target of generating approximately 15% of energy from renewable sources by 2025 to help cut carbon emissions.

Source : Taiwan Builds its Largest Solar Plant - Power Technology

Nexans Wins Petrovietnam Nhon Trach 2 Plant Deal

Siemens AG has awarded cabling systems provider Nexans a major contract to supply over 160km of power and control cables for Petrovietnam’s 750MW Nhon Trach 2 combined cycle power plant.

Nexans' Vietnamese subsidiary will supply low and medium voltage cables for the Nhon Trach 2 project, currently under construction in Dong Nai Province, Vietnam.

The cables will feature copper cores and XLPE insulation. The low voltage control cables are shielded to meet the IEC 60502-1 standard, the company said.

Source : Nexans Wins Petrovietnam Nhon Trach 2 Plant Deal - Power Technology

Demand Rises for Biological Waste for Energy Conversion

The commercialisation of modern biological waste to energy systems and technologies is promoting a new wave of growth in the green energy sector, according to a new report.

Government regulation and support is driving the demand for biological waste-to-energy plants around the world and the market is becoming more competitive, according to Frost & Sullivan.

The European market for biological waste, the largest in the world, is expected to reach $3.6bn in 2016. The market in Germany has grown in the last ten years, largely driven by government policies and a supportive banking sector, the report says.

The market in the Asian, North and South American regions remains underdeveloped for three main reasons: the governments in these regions don't yet have biogas or green energy policies and the quantity, availability, quality and management of feedstock is not appropriate for investments or long-term growth across this market, according to the report.

The report also predicts exponential market growth in Italy, the Czech Republic, Brazil, the US, Canada, India and Australia over the next few years.

Source : Demand Rises for Biological Waste for Energy Conversion - Power Technology

Actis to acquire stake in GVK power

Actis is set to acquire a stake in GVK's power business for about Rs 1,000 crore. The deal is being finalised and would be done over the next six-eight weeks. GVK, which has lined up a slew of power projects, would leverage the expanded equity base to raise debt for funding the projects. The infrastructure group is implementing power generation projects that will have a combined installed capacity of 2,900 Mw, and was scouting for more opportunities across the country.
Actis, which focuses on emerging markets, had earlier indicated that India will have the highest share in its US$2.9-billion global fund. The share of the company's investment in India is expected to go as high as US$1.2 billion.

Source : Actis to acquire stake in GVK power

Tata Steel to hike stake to 27.4 per cent in Canada mine

Tata Steel will increase its stake in Canadian mining company New Millennium Capital Corp to 27.4 per cent aimed at buffering its European operations from the volatility in raw material prices to some extent. At present, Tata Steel owns 19.65 per cent in the Canadian company. Production from New Millennium's Direct Shipping Ore (DSO) project is expected in 2011. Tata Steel would invest US$300 million for 80 per cent of the project. Around four million tonnes of sinter fines is expected from the third quarter of 2011.

Source : Tata Steel to hike stake to 27.4 per cent in Canada mine

Government to allocate gas to ADAG if RIL invests

The government plans to give preference in gas allotment to power projects of the ADAG group if RIL picks up equity stakes in them. The Mukesh Ambani promoted Reliance Industries could reportedly buy equity stakes in gas based power plants run by ADAG companies.
The proposed gas linkage, similar to the one in the coal sector, will rate projects for fuel allocation in order of priority and their level of preparedness, regulatory clearances and ability to execute projects on time.

Source : Government to allocate gas to ADAG if RIL invests

Andhra seeks coal linkages for 3 power projects

The Andhra Pradesh state government has sought coal linkages for three power projects of AP Genco, including the mega 5x800 MW coal-fired power project planned at Vodarevu. It has sought early clearance for linkage for the 600-MW Sattupally thermal power station of AP Genco. Last month the coal ministry had recommended the case for linkage to the power ministry as a XI Plan project but the Standing Linkage Committee for power rejected the case. However, the power ministry has again taken up the matter for consideration and the state is hopeful of it getting cleared this time.
The AP Genco projects are at advanced stage and once linkage is provided, the Sattupally project can be commissioned by October 2011, the integrated gasification project by August 2011 and the first unit of 800 MW can be commissioned by 2013-14.

Source : Andhra seeks coal linkages for 3 power projects

Indian T&D Sector has a bright future due to pouring in of huge investments

India has an ambitious target to build about 62, 000 MW of new power generation capacity by 2012 and another 1, 00, 000 MW by 2017, which will need investments worth Rs. 8, 00, 000 cr. at least.
Even at a ratio of 60-65%, this will require another chunck of Rs 5, 00, 000 cr of investments in the already under-invested Indian T&D sector. With this the sector is expected to grow at an annual pace of 20% over the next five years.

Source : Energetica-India : International Magazine on Renewable & Conventional Power Generation | Transmission | Distribution

PMO to take final decision on Sarguja UMPP

The Prime Minister s Office is most likely to take the final decision on the fate of the 4,000-MW ultra mega power project at Sarguja in Chhattisgarh, which has been delayed due to the non-receipt of environmental clearance.
The Hasdeo coal block in Chhattisgarh -- which was allotted by the coal ministry for the Sarguja UMPP has been declared as a No Go area, where coal mining cannot be done as it will adversely impact the environment.

Source : Energetica-India : International Magazine on Renewable & Conventional Power Generation | Transmission | Distribution

NTPC-BHEL JV explores tech tie-up with global co.

NTPC-BHEL Power Projects Ltd (NBBPL) on May 27, 2010 said that it is considering the possibility of a technology tie-up with a foreign player, which may also be offered a minority stake in the company.

The move is aimed at bringing Indian power equipment manufacturing at level with international companies through the introduction of modern technology.

Source : Energetica-India : International Magazine on Renewable & Conventional Power Generation | Transmission | Distribution

Power grid’s FY10 net profit surges by 21% To Rs.2041 Crore

Power Grid Corporation of India Limited (POWERGRID), a Navratna PSU and the Central Transmission Utility of the Country, has reported a net profit of Rs.2041 Crore for the financial year 2009-10, a 21% rise as compared to the previous year’s profit of Rs.1691 Crore. The turnover of the Company rose to Rs.7,504 Crore from Rs.6,139 Crore, up by 22%.

In this financial year the Company’s Earnings per Share (EPS) increased to Rs.4.85 as compared to an EPS of Rs.4.02 for previous fiscal. The Book Value also grew from 34.73 to 37.81 for FY10. POWERGRID achieved an increase in capital expenditure from Rs.8,167 Crore in the last year to Rs.10,586 Crore.

POWERGRID operated around 75,289 ckt. kms. of transmission lines along with 124 Sub-stations as on March 31, 2010. Average availability of transmission systems during the year 2009-10 was maintained at 99.77% with the use of state-of-the-art preventive maintenance techniques. POWERGRID continues to wheel about 50% of total power generated in the country through its transmission network.

Source : Energetica-India : International Magazine on Renewable & Conventional Power Generation | Transmission | Distribution

Cairn India Limited: Financial Results For the 12 month period ended 31 March 2010

The following commentary is provided in respect of the audited financial results and operational achievements of Cairn India Limited and its subsidiary companies (referred to as “Cairn India”) during the financial year 2009-10. Please note that the financial year 2009-10 (FY 2009-10) refers to the period April 2009 - March 2010, “corresponding previous year” represents twelve months April 2008 - March 2009 and “previous financial period” consists of fifteen months January 2008 - March 2009.

FINANCIAL HIGHLIGHTS

• Operating revenues higher by 45% at INR 16,230 million (USD 342 million) (corresponding previous year: INR 11,168 million (USD 243 million)) due to Rajasthan volumes

• Profit after tax higher by 53% at INR 10,511 million (USD 222 million) (corresponding previous year: INR 6,870 million (USD 150 million))

READ MORE : Source : Energetica-India : International Magazine on Renewable & Conventional Power Generation | Transmission | Distribution

Actis to acquire stake in GVK s power biz

Private equity investor Actis is set to acquire a stake in GVK s power business for about Rs 1,000 crore. The deal was close to being finalised and would be done over the next six-eight weeks.
The UK-based PE fund could invest in the Hyderabad-headquartered company through its $750-million Emerging Markets Fund.

Source : Energetica-India : International Magazine on Renewable & Conventional Power Generation | Transmission | Distribution

Energetica-India : International Magazine on Renewable & Conventional Power Generation | Transmission | Distribution

London, United Kingdom (May, 2010) – AMEC, the international engineering and project management company, has signed a five year contract with Czech utility CEZ for the management of radioactive waste at their nuclear power plant in Dukovany.
The contract, the value of which has not been disclosed, will be run by AMEC’s Slovakian business. AMEC provides reactor support and waste management and decommissioning services to all Slovak and Czech nuclear power plants, (Bohunice, Mochovce, Temelin and Dukovany) through its Slovakian business.
“This important contract confirms AMEC’s position as an important partner to both CEZ and ENEL in the area of radioactive waste management in the Central and Eastern European region, and is also further recognition of our specific skills in this field,” said Pavol Stuller, Managing Director of AMEC Nuclear Slovakia.
“The waste, spent ion-exchange resin, will be transferred into an aluminium silicate matrix specially developed by AMEC’s Slovakian team. The versatile process significantly reduces liquid waste volume and therefore offers a significant reduction in cost which maintains long-term stability of the final product.”

Source : Energetica-India : International Magazine on Renewable & Conventional Power Generation | Transmission | Distribution

Siemens to upgrade turbines at Ringhals nuclear power plant in Sweden

iRinghals nuclear power plant is located in Värobacka, Sweden, approximately 60 kilometers south of Gothenburg and comprises four units – one boiling water reactor and three pressurized water reactors. At 3560 MW it is the nuclear power plant with the highest combined installed capacity in Sweden and meets 20 percent of the country’s power demand. The Siemens scope of services for the BWR Unit 1 will encompass the supply and installation of six low-pressure turbines including extraction lines.

“By installing the new turbines we’ll be bringing Ringhals 1 in line with the latest state of the art and thus extending its service life and enhancing plant reliability and availability while at the same time improving the competitiveness of our customer. With this order we’re strengthening our position as the leading services provider in the Swedish power plant market,“ said Matthew Chinn, Managing Director Energy Sector UK, Sector Lead North & West Europe.

Source : Energetica-India : International Magazine on Renewable & Conventional Power Generation | Transmission | Distribution

SunEdison and First Reserve to form JV to Fund Solar Projects

SunEdison and First Reserve will form a joint venture in preparation for the acquisition of up to $1.5bn in current and future SunEdison solar photovoltaic energy projects.

The initial equity commitment for the joint venture of $167m will be contributed by First Reserve and SunEdison over time, SunEdison said in a statement.

SunEdison will manage the project identification and development process, while First Reserve will lead the project financing efforts. Once completed, the projects will be purchased by the joint venture, and operated and managed by SunEdison.

The power generated will be sold for long-term power purchase agreements or feed-in-tariff arrangements.

Under the agreement, First Reserve may raise an additional $150m of equity, which coupled with an increase in project debt financing, could scale the JV up to a total of $1.5bn of solar projects by SunEdison.

Source : SunEdison and First Reserve to form JV to Fund Solar Projects - Power Technology

Siemens to Service Four US Wind Farms

Siemens Energy has received contracts to service four wind farms in Washington and Oregon, US.

The firm will provide warranty maintenance services for a total of 114 SWT-2.3-93 wind turbines in the Windy Flats and Windy Flats Extension wind farms in Washington, worth a total of $55m.

Working in Oregon, Iberdrola Renewables has awarded the firm a five-year extension on service, warranty and maintenance contract for the 44 wind turbines in their Klondike III wind project.

In addition, Siemens will continue to service 89 wind turbines at Summit Power's White Creek wind farm in Washington for another two years.

Source : Siemens to Service Four US Wind Farms - Power Technology

EU Sets Tough Targets to Clamp Down on Harmful Emissions

The European Union plans to increase carbon emissions reduction targets to 30% by 2020, a 10% increase on current targets.

The EU move will require EU member states to impose far tougher financial penalties on their industries than those currently being considered by other large economies, according to Timesonline.

The new plan could cost the union an additional £33bn ($47.5bn) a year by 2020, while the existing target is already due to cost £48bn ($469.9bn).

The Commission is expected to argue that the lower target has become much easier to meet because of the recession, which resulted in the EU’s emissions falling more than 10% in 2009 as thousands of factories closed or cut production.

Business leaders are concerned the new plans could increase energy bills, cut jobs and include new carbon taxes on road fuel, heating and other sources of emissions.

Source : EU Sets Tough Targets to Clamp Down on Harmful Emissions - Power Technology

Weir and Mitsubishi HI in Nuclear Power JV

British engineering group Weir has struck a deal with Japan's Mitsubishi Heavy Industries to develop and install pumps for Britain's next generation of nuclear power plants.

Parts maker Weir said it will provide installation, commissioning and maintenance services while Mitsubishi (MHI) will design and build the pumps.

The two companies will work together under the brand WEIR-MHI.

Late last year, Britain set out plans to speed up the planning process for new nuclear power plants, naming ten sites where new reactors could be built.

Source : Weir and Mitsubishi HI in Nuclear Power JV - Power Technology

Demand for wind turbines to go up next year

Gamesa of Spain has predicted a healthy sales growth of wind turbines from next year onwards as the sector stabilises to a double-digit annual growth rate. Gamesa is the world's third largest wind turbine maker. It sees opportunities for wind power growth across every continent but in general Europe will perhaps be the continent which offers the least opportunities.

Source : Demand for wind turbines to go up next year

Power minister calls to restore confidence to attract foreign investors

Power minister Sushil Kumar Shinde has stressed upon the need for creating confidence among foreign investors to attract FDI in the power sector. Despite allowing 100 per cent FDI in the power sector the reponse has been very poor. Thus there is a great need for taking corrective steps to help the power sector grow by restoring confidence among foreign investors. The recent agreement of Gayatri Energy with Sembcorp is the first foreign company to invest in the power sector in India in the last four-and-a-half years.

Source : Power minister calls to restore confidence to attract foreign investors

TNEB to borrow Rs 2,500 crore from REC for power projects

Tamil Nadu Electricity Board has signed a loan agreement with Rural Electrification Corporation Ltd for Rs 2,475 crore to fund its 1x600 megawatt North Chennai Thermal Power station stage II Unit I project. The project is being implemented by BHEL on a single engineering, procurement and construction (EPC) contract in Thiruvallur District, North Chennai. The entire debt requirement of the project is funded by REC. The total project cost is Rs 3,095 crore.
TNEB has also awarded Stage-II Unit-II work to BHEL on similarly package by availing loan of Rs 2,175 crore from REC.

Source : TNEB to borrow Rs 2,500 crore from REC for power projects

Gujarat NRE to begin work on coke plant in Andhra Pradesh

Gujarat NRE Coke will begin work on its Rs 800-crore greenfield coke plant at Ativaram in Nellore district of Andhra Pradesh. The plant is scheduled to commence commercial production in two-and-a-half years and will have a capacity of one million tonne and also a captive 60 Mw power plant.
Apart from this it will invest another Rs 800 crore for expanding its existing plant in Gujarat from 1.25 million tonne per annum to 2.25 million tonne. This would be taken up simultaneously along with the greenfield project in Andhra Pradesh.

Source : Gujarat NRE to begin work on coke plant in Andhra Pradesh

HPCL to set up 15 million tonne refinery on west coast

Hindustan Petroleum Corporation has plans to invest Rs 30,000 crore to set up a 15-16 million tonne per annum refinery on the west coast. The refinery is likely to come up in Raigad district of Maharashtra. Apart from this location the Maharashtra government has offered land at two other locations.

Source : HPCL to set up 15 million tonne refinery on west coast

Underwater Gas Pipeline With India on Track

India and Iran are discussing building a gas pipeline between the two countries along the bed of the Oman Sea to bypass Pakistan, a board director of the company developing the project said on Tuesday.

"The carrying capacity of the gas pipeline's first leg will total 31 billion cubic meters annually, with the cost of construction estimated at $4 billion," THP Pao, a member of the board of directors and head of the supervisory board of South Asia Gas Enterprise Private Ltd. (SAGE), said.

The statement came ahead of a visit by Turkmen President Gurbanguly Berdymukhamedov to India.

Pao said India and Iran were discussing the delivery of natural gas produced in Turkmenistan with Indian assistance to north Iran while the Islamic Republic will send natural gas from its southern deposits to Indian consumers.

A diplomatic source confirmed to RIA Novosti that Delhi had discussed the project with Tehran and Ashkhabad and received their backing.

Under the project being worked on by SAGE, the gas pipeline will be 1,100 kilometers (684 miles) long. The submersible part of the pipeline will start from the Iranian port city of Chabahar and will deliver gas to consumers in the Indian state of Gujarat.

According to SAGE, international investors will also finance the expensive gas pipeline project. In particular, Italian companies have expressed their readiness to join the project.

India, Iran and Pakistan have been discussing the project of building a gas pipeline between the three countries for the past three years. However, the negotiations have dragged on due to the worsening of relations between India and Pakistan.

Though there were other options like shipping through the Arabian Sea or laying of deep-sea pipeline but the land-based pipeline from Pakistan would be much cheaper.

Transmission rate and terrorism in the neighboring country have so far stalled the project.

Officials from Iran and Pakistan signed an agreement on March 16 for a long-delayed project to ship gas eastward from the giant offshore South Pars gas field in the Persian Gulf.

The so-called Peace Pipeline project was raised initially in 1994 and included India in the plans.

Washington opposes the project because of the economic incentive for Iran, calling on its partners in Islamabad to consider other alternatives. New Delhi expressed renewed interest in the project in March.

New Delhi, meanwhile, is expecting a delegation from Ashgabat to discuss plans for a natural gas pipeline from Turkmenistan. The government in Ashgabat recently signed a measure authorizing construction of the Turkmenistan-Afghanistan-Pakistan-India pipeline, a rival to the Iranian option.

Source : Underwater Gas Pipeline With India on Track

KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL PROJECTS - PROACTIVE INVESTORS

Proactive Investors reported that, Kangaroo Resources (ASX: KRL) is preparing to complete the acquisition of its five outstanding Indonesian coal projects, including the high quality Kubah Indah Coking Coal Project, after successfully concluding due diligence.

KRL announced the acquisition of the projects in November 2009, significantly expanding its existing coal portfolio in East Kalimantan, Indonesia.

The completion of due diligence clears the way for drilling to commence at Kubah Indah, where the company has an exploration target ranging from 100-140 million tonnes of coking coal for this project.

In a statement the company said this drilling program will be conducted in parallel with the ongoing ramp-up of production at KRL’s other Indonesian operations (which are subject to contract).

KRL Managing Director Mark O’Keeffe said the completion of due diligence on Kubah Indah and the other projects within the portfolio was another positive step forward for the company as it ramps up production in Indonesia.

READ MORE : Source : COALspot.com - The Ultimate Coal Portal

Hayward Tyler Locations Around The WORLD

Click the LINK to search HT Locations along with MAPS : Hayward Tyler Locations

Hayward Tyler is located in key areas around the World including United Kingdom, Europe, China, India and US, our corporate headquarters are located in Luton, England.

Click the LINK to search HT Locations along with MAPS :

Hayward Tyler Locations

Head Office

Hayward Tyler Group Ltd
1 Kimpton Road,
LUTON
LU1 3LD
England
Tel: +44 (0) 1582 731144
Fax: +44 (0) 1582 452198
Email: info@haywardtyler.com

Hardy says Indian exploration well suspended | Reuters

LONDON, May 26 (Reuters) - British oil exploration company Hardy Oil and Gas (HAOG.L) said on Wednesday the drilling of a well in deep water off the coast of India had been suspended due to a problem with the control of the rig's blowout preventer.

Hardy, an India-focused explorer, said Reliance Industries (RELI.BO), the operator of the KGV-D3-W1 exploration well, had suspended operations using the rig owned by Transocean RIGS.N.

Another of Transocean's rigs has been in the headlines when it sank after an explosion in the Gulf of Mexico, leaving oil to gush into the sea and causing a spill that threatens to be the worst in U.S. history.

Read More.........Click the LINK given Below........

Source : UPDATE 1-Hardy says Indian exploration well suspended
| Reuters

Goldman, PTC Plan to List India Power Finance Company This Year

May 26 (Bloomberg) -- PTC India Financial Services Ltd., a company backed by Goldman Sachs Group Inc. and Macquarie Group Ltd., is planning a share sale to tap growing investor interest in the South Asian nation’s power projects, the chairman said.

PFS, which invests in electricity generation plants and assets, needs to raise as much as 10 billion rupees ($211 million) and may make an initial public offering by end September, said Tantra Narayan Thakur, who is also chairman of parent company PTC India Ltd.

“Today is the best time to invest in the Indian power market,” Thakur said in an interview in New Delhi. “More and more people want electricity.”

India plans to double its installed electricity capacity in the next seven years to meet energy demand and reduce blackouts in the world’s second-fastest growing major economy. The federal government has raised at least 102 billion rupees from selling shares in three state-owned power-related companies since January.

Read More..........Click the LINK given below........

Source : Goldman, PTC Plan to List India Power Finance Company This Year - Bloomberg.com

Vattenfall preps world’s biggest offshore wind farm in Britain

The 300-megawatt Thanet offshore wind farm slated for completion this year has tried producing electricity for the first time that was fed to Britain’s National Grid.

The offshore wind project being built off the coast of Kent is predicted to become the largest in the world once it is finished.

Situated in an area with wind speeds between 10 meters to 13 meters per second, the Thanet project generated between 2 MW and 2.8 MW of electricity on a test run on May 16.

The Thanet wind farm, which Swedish utility Vattenfall A.B. acquired in late 2008, is a £780 million ($1.119 billion) project located 12 kilometers off Foreness Point. The project has been under construction since January 2008 and Vattenfall said it will be finished by around midyear. Seventy-three of the 100 3-MW Vestas V90 wind turbines have been installed.

“This is a major milestone in the construction of the wind farm,” said Ole Bigum Nielsen, head of offshore projects at Vattenfall. “We are proud to be producing first power from our turbines. Everyone has worked very hard and in spite of difficult winter weather, we have kept out schedule.”

Vattenfall said the Thanet offshore wind farm will boost Britain’s offshore capacity by more that 30 percent and will provide renewable energy for 240,000 households.

Difficulties have been met in building the wind farm, ownership of which changed hands over the past years. It was initially conceived in 2003 by Warwick Energy, which expected it to be built by 2009. But in September 2007, Warwick and its partners sold the project to Cristofferson Robb & Company, which then sold it to Vattenfall in November 2008.

Warwick continued overseeing project construction until October 2008. Vattenfall is now responsible for completing the project.

Swedish government-owned Vattenfall is one of the biggest wind power operators in Britain and is the fifth largest energy producer in Europe. Aside from Thanet, they already own and operate another project in Kent, the 90-MW Kentish Flats offshore wind farm off Herne Bay-Whitstable, which has been in commercial operation since December 2005.

But Thanet itself could be dwarfed by the world’s largest offshore wind farm being planned, the London Arraywind farm which is being built 20 km off the Thames Estuary, also in Britain. Its first phase will see the installation of 630 MW of wind capacity by 2012, although it is intended to reach a massive 1,000-MW capacity in the future.

Source : Vattenfall preps world’s biggest offshore wind farm in Britain

State hopes for Rs 1,200-cr investment in energy

BANGALORE: With growing interest among the investors — both international and national — in the energy sector, the state energy department hopes to rope in investments worth Rs 1,200 crore at the Global Investors Meet in June.

“For the Global Investors Meet, we have 3,000 MW of projects on offer,” said K Jairaj, principal secretary (Energy). “Foreign investors have shown positive interest in taking power projects here.” The energy department has already floated tenders for projects. 700 MW projects are being offered in Davanagere and Belgaum, while issues such as land, water and other related factors are being decided.

The Power Company of Karnataka Limited will call for expression of interest on June 4, Jairaj said.

A 700 MW gas-based project on non-PPA (Power Purchase Agreement) basis will also be offered, he said.

Foreign investors have showed interest in gasbased projects and even renewable energy projects, the official said.

Leading private power companies, i n cluding GE, would be participating.

“We have had positive responses from all foreign embassies and many private players,” said a senior official. “There has been considerable interest in 80 to 300 MW gas-based projects.” The Gas Authority of India Ltd has agreed for b6 gas-pipelines. “Though the gas rates will be slightly high, still the companies can benefit from switching from diesel (to gas),” he said.

Actualising deals will take 4 years

It is estimated that the projects, after the sanction, will take around three to four years to be fully operational. At present, the demand-supply gap in the state is around 20 per cent. Karnataka is aiming to increase its supply to 14,383 MW against a projected demand of 13,531 MW by 2013-14.

Rs 1,000-cr dreams for textile sector

Textile Minister Goolihatti Shekhar said over Rs 1,000 crore investment was expected in the textile sector. Garment giants like Shahi Exports and Bombay Rayon have come forward for investment.

Source : State hopes for Rs 1,200-cr investment in energy

Conference - Plim & Plex USA 2010 - Arena International

28th – 29th September 2010, Chicago,USA

Conference - Plim & Plex USA 2010 - Arena International

Arena International is delighted to announce that the Plim & Plex conferenceis returning to the USA. With the conference entering its 20th year, it is an event which holds a very important position in the nuclear engineering calendar, and this year it will be its most successful instalment ever. We have lined up the very best speakers from the companies at the top of the industry, to give you the most up to date information on:

• Key steps you can take to overcome safety and regulatory issues
• Applying effective plant management to extend the operational life of your plant
• Cost-effectively dealing with aging and degradation mechanisms
• Clear guidelines to keep commitments and implementation during and after inspections
• Discovering new Instrumentation & control technologies to monitor the performance of your nuclear facility
• Never seen before case studies for licensing, implementation, international approaches for effective aging management and many more

Read More :

Source : Conference - Plim & Plex USA 2010 - Arena International