The government on Thursday approved a new policy for allocation of power that is generated by upcoming state-run thermal power plants. The new policy, which was cleared by the Union Cabinet in its meeting, has reworked the Gadgil formula on power sharing and has earmarked 50 per cent to the home states, where the project is located.

Making a

NTPC is ready to buy natural gas at any price fixed by the government for its Kawas and Gandhar expansion projects, but this will not dilute its position in its court battle with Reliance Industries for gas supply at a lower price for these plants, NTPC Chairman Arup Roy Chudhury said on Friday.

NTPC took RIL to the Bombay High Court in 2005, complaining that RIL was not honouring a contrac

Will take gas at govt rate, despite HC suit with RIL.
Government-owned power generator NTPC Ltd today said it was willing to buy gas for its Kawas and Gandhar expansion projects in Gujarat at a rate prescribed by the Empowered Group of Ministers (EGoM).

KOLKATA: Expressing confidence that NTPC will exceed its revised target of increasing its capacity by 9,200 MW by the end of the current Plan period, Chairman and Managing Director Arun Roy Choudhury said here on Monday that the company will increase its production capacity by 25,000 MW during the 12 {+t} {+h} Plan period.

Mr.

Despite no budget allocation for the Bamnauli power project in the current financial year 2010-2011, the Delhi Government is all set to appoint NTPC as Project Management Consultant for the Pragati Power Project phase II (750 mw-800 mw) at Bamnauli.

Patiala: Representatives of the PSEB Engineers Association have appealed to Punjab Chief Minister Parkash Singh Badal for reconsidering the decision, whereby the state government had signed a memorandum of understanding (MoU) with the National Thermal Power Corporation (NTPC) to set up a 2,640MW coal-based power project at Gidderbaha at the cost of Rs 15,000 crore.

According to the association,

New Delhi: Reliance Power group company Rajasthan Sun Technique, Andhrabased Lanco and KVK Energy of Chennai are among the seven successful bidders for setting up solar power plants in the first phase of the government

The first 500 MW unit of Indira Gandhi Super Thermal Power Project at Jhajjar, Haryana, has been commissioned after achieving full load on October 31, 2010.

The unit has achieved full load in 39 months and 25 days from the date of investment approval, a new record for Greenfield projects.

The 1,500 MW [3x500 MW] project is being set up by Aravali Power Company Private Limited, a joint ventur

The West Bengal Power Development Corporation Ltd will enter into joint venture agreements with both Bharat Heavy Electricals Ltd (BHEL) and NTPC Ltd for setting up power plants at Katwa in Burdwan and Santhaldighi in Purulia by the end of this year.

Memorandum of understanding is expected to be signed between the State government and the companies soon, the State Power Minister, Mr Nirupam Sen

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