Eshwarappa Launches India’s first HCPV Solar Power Plant
Rakesh Kumar Kubde
October 19th, 2012
1

India’s first Solar HCPV power plant and LED street light was inaugurated at Kollur by state BJP president and deputy chief minister K S Eshwarappa here on Wednesday October 17. The programme was jointly organized by Kollur zilla and panchayats and Shri Mookambika Temple. “The major issue facing Karnataka in recent days has been electricity, and the only solution to improve the current situation is to generate more electricity from the available resources. We should think about generating electricity from solar, wind and water. One such measure has been introduced and inaugurated today. It is a matter of pride to the state,” he said, adding that solar is a better source for electricity than water. He appealed to union minister for corporate affairs and power Dr Veerappa Moily to release grants to Karnataka, as this is his birth place and he has certain responsibilities towards his state. Continue

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NSL Renewable confident of raising $100 m by March
Rakesh Kumar Kubde
October 19th, 2012
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NSL Renewable Power, part of the Hyderabad-based NSL group, is confident of raising $100 million of equity by March 2013, the Chief Executive Officer, Sanjay Chaturvedi, told Business Line today. Term sheets have been signed for $50 million and the deal(s) could be closed within two months, he said. While Chaturvedi did not name the investors, it is known that IFC, the private equity arm of World Bank, is considering investing $19 million in NSL Renewable. In the past, NSL Renewable has raised equity funds from FE Clean Energy and IFC. Continue

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Suzlon group wins orders worth 140 MW
Rakesh Kumar Kubde
October 19th, 2012
0

Suzlon Group, the world’s fifth largest wind turbine maker, has won cumulative orders of about 140 MW over a two-month period. These cover various orders from Eastern Europe, France, Germany and India. “These orders clearly underscore the continuing momentum in the wind sector across developed and developing markets. This also highlights our strong outlook and long-term business visibility driven by our strong competitive global positioning as a group,” Suzlon Group Chairman Tulsi Tanti said. Suzlon Group is ranked as the world’s fifth largest wind turbine supplier in terms of cumulative installed capacity as of 2011-end. The orders secured between August 13 and October 13 are from a strong customer-mix, covering international utilities, public sector utilities, large corporates and small and medium enterprises. Some of the key names include the Baidyanath Group, Rajasthan Gums, Gujarat Alkalis and Chemicals, and BredeKop Wind bvba

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BSEB to invite bid for privatisation of Patna electric supply
Rakesh Kumar Kubde
October 19th, 2012
2

Bihar State Electricity Board (BESB) will once again invite bids for the privatisation of electric supply of Patna. It will be the third attempt by the BSEB for outsourcing of the city electrical distribution and revenue collection. Earlier, the board scraped the Letter of Intent (LoI) to the Essar Power Ltd., which was selected for the process. On July 18, the board had written to the Mumbai based company offering it to handle the electrical supply and revenue collection of the state capital. However, "the company wanted some modifications in the deal, which were against the terms of acceptance," said spokesman of BSEB, "so, we were left with no choice, but to scrape the LoI. We will begin the process afresh." Essar Power was selected after tiresome bidding process, which took more than a year to complete. It was the only bidder for the project. Continue

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Islanding Scheme for Delhi during Grid Disturbance
rishisrivastava
October 19th, 2012
0

To safeguard Delhi and its surrounding areas from electricity supply disruption during grid failure, The Minister for Power Sh. Veerappa Moily and Chief Minister of Delhi Smt. Sheila Dixit announced the ‘Islanding Scheme for Delhi. At the joint press conference, Sh.Veerappa Moily said that Delhi is the first state to formulate such a scheme to overcome grid disturbance problem. The main objective of the initiative is to isolate our generating stations so that supply of power does not get affected even if the Northern grid collapses. The proposed Islanding Scheme for Delhi has been developed with following objectives in mind: i. to isolate Delhi’s power system from the regional grid when grid disturbance is imminent ii. after isolation to continue to meet at least emergency loads or essential services like VVIP load, Delhi Metro Rail, Water treatment load, Indian Railways load and hospitals. The present quantum of essential load spread across various distribution

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