Tuesday, August 31, 2010

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.

Tuesday, August 3, 2010

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.

Monday, August 2, 2010

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.
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