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DVC signs PPAs with GUVNL to supply 559 MW of power

India, News

Damodar Valley Corporation (DVC) has entered into power purchase agreements (PPAs) with Gujarat Urja Vikas Nigam Limited (GUVNL) to supply a total of 559 MW of electricity.  This includes 359 MW from the 800 MW Durgapur Thermal Power Expansion Project in West Bengal and 200 MW from the 2×800 MW Koderma Thermal Power Expansion Project in Jharkhand. The Durgapur project, situated in Bardhaman district, is an expansion of the retired Durgapur Steel Thermal Power Project. …

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DVC awards EPC contract for Koderma TPS Phase II to BHEL

India, News

Damodar Valley Corporation (DVC) has awarded Bharat Heavy Electricals Limited (BHEL) the engineering, procurement, and construction (EPC) contract for the 2×800 MW Koderma Thermal Power Station (TPS) Phase II in Jharkhand.  The project will add 1,600 MW to DVC’s generation capacity, addressing growing regional energy demands and promoting socio-economic development. The Koderma TPS Phase II project aligns with DVC’s mission to provide reliable and sustainable power while bolstering the region’s energy infrastructure. The partnership with…

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DVC highest bidder for Hiranmaye Energy assets

India, News

Damodar Valley Corporation (DVC) has emerged as the highest bidder in the auction for Hiranmaye Energy’s assets, offering Rs 15 billion, surpassing the reserve price of Rs 13 billion.  This marks DVC’s first acquisition, adding to its total installed capacity of around 6,700 MW, including greenfield and brownfield expansions.  Hiranmaye Energy operates a 300 MW thermal power plant in Haldia, West Bengal, with two units of 150 MW each. The company holds a 25-year power…

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DVC enters into financing agreement with SBI for thermal power plant

India, News

Damodar Valley Corporation (DVC) has secured a financing agreement of Rs 100.5 billion with the State Bank of India (SBI) for the 2X800 MW Koderma Thermal Power Project, Phase-II, in Jharkhand. This funding will cover the majority of the Rs 14.36 billion project cost. The agreement outlines loan arrangements and financial terms necessary for the plant’s construction and operation. With a total capacity of 1,600 MW, the project aims to boost power generation in the…

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BHEL secures Rs 133 billion EPC contract for DVC’s Koderma thermal power project

India, News

Bharat Heavy Electricals Ltd (BHEL) has officially announced winning the EPC contract worth Rs 133 billion for Damodar Valley Corporation’s (DVC) Koderma thermal power project in Jharkhand. BHEL will establish a 2×800 MW coal-fired supercritical power plant in Koderma district on an EPC basis. The project scope includes the supply, erection, commissioning, and civil works. Key equipment will be provided by BHEL’s manufacturing units in Haridwar, Trichy, Bengaluru, Hyderabad, Bhopal, and Ranipet, while the site…

Power Sector News Roundup for November 18, 2024

Power Bytes

Global: Green Nation unveils plans for 750 MW Whitestone Solar Farm in the UK. B&W secures a $246 million coal-to-natural gas conversion project for AES Indiana. Alcazar Energy signs an MoU for a 2 GW onshore wind farm in Egypt. India: Trilateral power flow from Nepal to Bangladesh via India begins. NTPC and ONGC establish a joint venture for renewable energy projects. RECPDCL invites bids for transmission system development in Madhya Pradesh. Chubu Electric increases…

Power Sector News Roundup for October 17, 2024

Power Bytes

Global: – World Bank approves USD 250 million for renewable energy in Lebanon– Masdar and Presight to launch AI tool for managing RE assets globally– Fugro to site investigate Rhein-Main-Link offshore wind cable project in Germany– Sumitomo and CEP Solar to deliver 1.5GW of clean energy projects in Virginia– Ignitis Group to bid in Lithuania’s second offshore wind tender – Quinbrook signs offtake agreements with Tesco and Shell for Cleve Hill Solar Park– VNG AG…

Key Power Sector News Roundup for September 25, 2024

Power Bytes

CEA releases report on Right-of-Way width for transmission lines The Central Electricity Authority (CEA) has released a report on Right-of-Way (RoW) width calculations for transmission lines using monopole towers and HTLS conductors. The report compares configurations and highlights challenges like higher costs and limited manufacturing for monopole structures. It supplements the July 2020 guidelines and was compiled by a 13-member committee. CTUIL approves Rs 4 billion transmission projects to boost infrastructure CTUIL has approved seven…

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Sealmatic India wins supply order from BHEL

India, News

Sealmatic India has won a contract to supply engineered mechanical seals for the DVC Raghunathpur Thermal Power Station Phase-II, with an installed capacity of 1320 MW (2 x 660 MW), through Bharat Heavy Electricals Ltd (BHEL). The order is expected to be completed within 24 weeks. Sealmatic specializes in designing and manufacturing high-precision, heavy-duty mechanical seals for power plant applications, including nuclear and thermal plants. The mechanical seals will be used in critical components such…

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Transformation and transmission capacity overview for August 2024

Analysis, Data Insights

As of August 2024, the total transformation capacity in India reached 12,69,350 MVA. During the financial year 2024-25, up until August, a total of 18,270 MVA had been added to the country’s substations, with 3,650 MVA being added in August alone.  The Central Sector contributed 6,330 MVA out of the planned 51,645 MVA during the first five months of FY 2024-25. Power Grid Corporation India Limited (PGCIL) added 6,015 MVA during this period. The progress…