News» Category: Upcoming Projects

Also 300 MW of solar photo voltaic power capacity in 2015-16

Hyderabad, April 13, 2015

Andhra Pradesh expects to add over 1000 mw of wind energy projects and 300 mw of solar photovoltaic power capacity during 2015-16.

The State has added 285 mw of wind energy capacity last fiscal, taking the installed capacity to 1080 mw.

Addressing a press conference here Ajay Jain, Secretary, Energy, Andhra Pradesh, said, “Even though the `Power for All’ scheme had projected a capacity addition of 800 mw through wind farms in the State, we expect to augment additional capacity of 1000 mw this fiscal.”

He said the State had awarded 619 mw to private developers and power purchase agreements have signed with them. “We expect to add about 300 mw during this year and the rest next year. However, the real big boost from the solar power generation would come next financial year when NTPC and others execute large solar power plants with capacity of about 1000 mw plus,” he said.

The State is planning to install about 6,500 solar pump sets during the year supported by the Central Government (MNRE scheme) and funding from Power Finance Corporation. The beneficiaries are now being identified, he said.

Energy efficiency

Referring to the energy efficiency measures taken up by the State, including popularising the usage of LED lights, he said the pilot project has covered three districts and the rest of the 10 districts would be covered this fiscal.

K. Vijayanand, Chairman of AP Transco said, “It was proposed to bring down the transmission and distribution losses from 12.5 per cent to 9 per cent during the year. Last year, it was brought down from 14.95 per cent to 12.5 per cent.”

Referring to capacity addition, Vijayanand said that both the units of Hinduja power project (1040 mw), both units of Krishnapatnam (1600 mw), 1000 mw of wind energy, 300 mw of solar power, 50 mw of hydel project and 500 mw from Central power stations would be available for the State. This works out to about 4000 mw of additional capacity. 

News» Category: Upcoming Projects

Begins pilot project in AP

Hyderabad, Mar 11, 2015

Japanese energy efficiency solutions provider Fuji Electric has said it was in the process of identifying smart city projects in India and Andhra Pradesh, in particular, to offer their solutions.

Kazuhiko Hanaoka, General Manager, Fuji Electric, Power & Social Infrastructure Group, toldBusinessLine the company, which has deployed a number of smart community projects across various parts of the world including Japan, has begun a pilot project in AP. “In India, we have worked on Smart Grid in Panipat, Water Recycling System in Maharashtra, Energy Management System in Andhra Pradesh. The challenges faced by power distribution companies in India, such as outage management, peak load management and the need to deploy smart metres, could be handled in a holistic way addressing the overall energy management efficiently,” he said on the sidelines of a conference of Japanese investors.

Referring to the projects under way in AP, he said it involves setting up of monitoring equipment, following this up with the energy management system. “The renewable energy sector, which is posed to grow in the country would give us opportunities to provide integration services,” he said.

Once the energy efficiency management is taken care off, the next important solution that would be useful for electric utilities is the demand supply forecast and management. This enables utilities to better manage generation demand based on the requirement and supply needs that too location-wise.

Alok Chandna, Site Project Leader, Fuji Electic India, said, “The focus now is on new projects which would come up for offer with the proposed smart cities.” 
Business Line 

News» Category: Upcoming Projects

The Rs. 1,855-cr thermal plant will cater to industrial users

Ahmedabad, March 2015:

Private sector power producer, OPGS Power Gujarat Pvt Ltd will commission its 300 MW thermal power plant on Saturday.

Set up at the cost of Rs. 1,855 crore at Bhadreshwar in Kutch, the power plant will cater to industrial users.

Arvind Gupta, Managing Director, OPGS Pvt Ltd, said that initially, the plant is expected to operate at the plant load factor (PLF) of about 80 per cent.

The company’s other plants in Tamil Nadu are operating at the PLF of about 90 per cent.

Gujarat Chief Minister Anandiben Patel will inaugurate the power plant.

“We have about 1.2 million tonnes of annual coal commitment and currently we are getting about 30 per cent of it. For the balance, we will source coal from Indonesia, where we have long-term coal linkages,” Gupta said during a media interaction.

OPGS Power Gujarat, an arm of London Stock Exchange (LSE)-listed OPG Power Ventures Plc, has about Rs. 1,200-1,300 crore worth of bank loans for the Gujarat project.

The equity capital for the project is Rs. 464 crore. OPG Group has a total of 75 MW of capacity in India through Indian subsidiaries.

Future plans

The company plans to invest about Rs. 15,000 crore for setting up 2,000 MW of power capacities including thermal in the next five years.

“We are also considering solar projects but that will be decided in next quarter. We will announce new projects in renewable energy after successful commissioning of the project,” said Gupta.

News» Category: Upcoming Projects
Hyderabad, March 2015 

Independent power producer (IPP) focussing on wind energy projects, Mytrah Energy Ltd has signed an Rs. 852.78 crore ($137.50 million) long-term loan agreement with a leading Indian financial institution.

The loan will be used as long-term project finance debt in building 150MW of wind power, which is now fully financed and expected to be on stream in the next 12 months, ahead of the country's 2016 wind season.

With the company's current capacity at 543MW, this project will take Mytrah beyond 690MW. Additional projects in development are expected to add further production capacity for the 2016 wind season.

Ravi Kailas, Chairman and CEO of Mytrah Energy said: “The loan underpins our next 150MW of wind power production in India, taking us to over 690MW. In the past four years, Mytrah has created a business operating 543MW of wind power in six States. With expertise across the full value chain and a 3500 MW development pipeline, we are ideally positioned to deliver a substantial part of the rapid expansion envisaged by the Government of India.”

The company had recently announced it has secured the rights to build a 220MW project from the Andhra Pradesh Government, adding to its existing 3500MW active pipeline.

The Memorandum of Understanding (MoU) for the project in Andhra Pradesh was signed at the RE-INVEST conference, India's first renewable energy investors’ meet and expo.

News» Category: Upcoming Projects

New Delhi, Jan 31, 2015: Canadian Solar Inc.one of the world's largest solar power companies, recently provided an update on its late-stage solar energy project pipeline.Currently, Canadian Solar's total late-stage solar project pipeline stands at 1.4 GWp, unchanged from 1.4GWp in November of 2014, despite the completion of over 100 MWp of projects in Canada and in the U.S. during the fourth quarter of 2014. As outlined below, the Company has continued to make progress in expanding its pipeline in several geographies, including Japan, the UK and China.In Canada, the backlog of owned projects and engineering, procurement and construction ("EPC") contracts that are expected to be completed and recognized into revenue in 2015 currently stands at 275 MWp, including the Glenarm power plant which was sold and will be recognized into revenue in the first quarter of 2015. The projects and EPC contract backlog in Canada alone represent a revenue opportunity in excess of C$900 million for Canadian Solar in fiscal year 2015.

In Japan, the backlog of projects that are expected to be built and connected to the grid over the next 3 years currently stands at 606 MWp. Out of the 606 MWp total late-stage pipeline, approximately 262 MWp have full grid connection approval (Keitou Renkei Shoudakusho), with approximately 100 MWp in construction or near ready to start construction. The Company expects to complete construction and grid connection of approximately 80 MWp in Japan during 2015. Out of the total late-stage pipeline in Japan, two projects totalling approximately 125 MWp in the Tohoku utility area, as discussed in a press release issued on October 6, 2014, are affected by the recent changes in curtailment rules, and the Company is still working with the local utility to evaluate the potential impact of the rule changes on these projects. Meanwhile the Company is evaluating several opportunities to expand its project pipeline in the Japanese market with at least 140 MWp of project acquisitions currently under negotiation.

In China, the backlog of projects that are expected to be built and connected to the grid in 2015 totals 320 MWp. Of the total 320 MWp project backlog in China, 90 MWp started construction in 2014 and approximately 30 MWp have already been connected to the grid. As a result, the Company has approximately 70 MWp of utility-scale power plants and 30 MWp of roof-top solar systems in operation in China. These solar power plants and systems that are in operation, are generating revenue from electricity sales as the Company waits for an appropriate opportunity to monetize these investments.In addition to the progress Canadian Solar has made in its core utility-scale energy markets, the Company also has projects in late-stage of development in the U.S., Brazil, and the United Kingdom.

"We have made enormous progress since entering the solar energy total solutions business in 2009, with over 400 MWp of solar projects and systems energized and delivered to customers in 2014," said Dr. Shawn Qu, Canadian Solar Chairman and Chief Executive Officer. "In the background we have also been busy building our team and our expertise, which is evidenced by our ability to grow our pipeline in existing and new markets. We look forward to continuing that progress in 2015 as we build lasting value for our shareholders."

News» Category: Upcoming Projects

New Delhi July 24, 2013: "Green, clean energy for all has been my dream" says CMD, SHRI INFRATECH, Shri Manoj Dwivedi. "The possibility of providing power the villages and rural towns 24 x 7 is indeed a very exciting one. Can you image what would happen if this became a reality? We would increase productivity, provide students with electricity to study and get ahead in life. It would revolutionalise life as we know it in the tier II and tier III cities. The problem so far has been the creation of power. Coal & Oil are diminishing resources that are expensive, as well as not environmentally suitable to our planet. What we needed is clean green energy. That is the main reason for entering into the Solar Power Sector.

Shri Infratech Group is serious about building an environment friendly India. Its area of expansion is into Solar Power, clean energy generation through solar photo voltaic power projects. This will be undertaken with solid participation from the private and public sector, in total unison with the state government policies on clean energy.

The Group's endeavor is to develop and provide the latest and most efficient solar power technologies of the world to India. The challenge it has taken on is to provide cost-efficient, sustainable solar power solutions at a people-friendly cost. The dream of providing 24 hours of electrical energy to the far flung rural areas of the country, as well as providing for the future surging demands of our urban centers, will now be fulfilled through the employment of Solar Power. (Business Wire India)

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