New Solar Power Projects

As per this article, 37 companies are allotted solar power projects by NVVN under the JNNSM scheme.  All these are under Phase 1.

30 companies in 5MW Solar PV power project

7 companies for Solar thermal power projects (Capacity: mostly 50 or 100 MW) - 5 Projects totalling 400 MW in Rajastan, 1 project of 20 MW capacity in Gujarat and 1 project of 50 MW capacity in Andhra Pradesh

Tata Power stays away from solar power project

Recently there was a tender by the Central Government through NVVN (NTPC Vidyut Vyapar Nigam) on setting up solar power projects (each 5 MW).  The final nod was given to 30 companies (totalling 150 MW) under Phase1 to set up the projects.  The offer was given to bidders who gave the highest discounts to the set base price of Rs 17.91 per unit.

Tata Power stays away and its reasons are given in this Bloomberg article

Short Term Power Prices

Read yesterday in an article dated Oct 9, 2010 that the short term power prices in India are much higher than those in countries like Germany, England and US.

What it claims is that majority of the ST power contracts happen outside the 2 exchanges (Power Exchange India and Indian Energy Exchange) at a price which is higher by 40 to 60%. The exchanges contribute only to 10% of the total ST power trading that happens in India.

Solar PV Power Projects

30 Cos allotted Solar power projects of 5000 MW capacity in total.

Power Industry

Lot of times, we tend to read some good news and then later forget it and wonder where we read it. This blog is specially created to serve as a news and information aggregation site, catering to the power industry.  

Hopefully, the readers find it useful!