Power firms to enjoy slice of India’s $60bn nuclear pie
Some of the world’s biggest energy companies, including Westinghouse, have secured a slice of India’s $60bn nuclear programme.
Nuclear Power Corporation India Limited (NPCIL) is set to unveil a list of four or five coastal sites where reactors will be built. Westinghouse, sold by BNFL to Japan’s Toshiba last year, and US conglomerate General Electric are understood to have been earmarked for two of these sites.
France’s Areva, Atomic Energy of Canada and Atomstroiexport, a Russian nuclear group, are also understood to have won work.
The final contracts are likely to be signed early next year. France has already agreed to work with India to build nuclear reactors, though the US Congress has yet to give its final approval.
All five groups will work with local companies on the project, which will see India leapfrog China to become the world’s biggest nuclear market.
They will build two reactors of more than 1000 MW on each site by 2013, a further two by 2016, and between two and four more over the coming decade.
APEC will not support carbon dioxide cap-and-trade: Greenpeace
Leaders of Asia-Pacific Economic Cooperation member countries will endorse a statement that offers no commitment to any legally binding emissions reduction targets, according to environmental group Greenpeace.
John Howard, Australian prime minister and 2007 chairman of APEC, was accused by Greenepace of “trying to use the upcoming meeting to undermine the Kyoto Protocol.”
The leaders’ statement called for a “future global climate change framework that is environmentally and economically effective, based on the…principles [of] comprehensive participation including contributions by all major economies.”
Greenpeace said the document “contains no legally binding targets nor timetables nor any other clear pathway to the deep emissions cuts needed to tackle climate change.”
Indonesia, South Korea sign preliminary deal to develop nuclear plant
Medco has signed a preliminary agreement with Korea Hydro & Nuclear Power to jointly develop Indonesia’s first nuclear power plant, a government official has said.
Indonesia, which desperately needs new sources of electricity to meet rising demand, wants to develop the plant on Java island despite concerns by environmental groups that country’s frequent earthquakes makes nuclear power unsafe.
Fazil Al Fitri, president director of Medco’s unit PT Medco Power said the two companies could start construction of a 2000 MW nuclear power plant as soon as 2008 in the Muria Peninsula in Central Java province.
Reliance Energy finally bags 4000 MW Sasan Madhya Pradesh project
Reliance Energy has finally bagged the controversy-ridden 4000 MW Sasan power project in Madhya Pradesh.
The Anil Ambani firm emerged triumphant in a re-bid ordered by the government after the Hyderabad-based Lanco Infratech, which had emerged as the lowest bidder for the project, was disqualified last week after changing its partner for the project and misrepresenting facts.
Sasan will be the largest domestic coal-based power project in the country at a single location.
Soon after winning the bid, Reliance Energy said it would invest Rs 20 000 crore ($4.88bn) in the power project.
The project at Sasan is part of New Delhi’s ambitious plan to add 100 GW of electricity by 2012, involving an investment of Rs 8 trillion.
Reliance Energy had trimmed its tariff for the power to be generated from the Sasan project to Rs 1.196 per kWh – matching Lanco’s winning bid for the project.
AES expands wind generation business into China
AES Corporation is to expand its wind generation business into China through the creation of a joint venture with Guohua Energy Investment, one of China’s leading producers of renewable energy.
The joint venture will construct, own and operate a 49.5 MW wind farm, which is currently under design and expected to achieve commercial operation in 2009. Through its investment in the joint venture, AES will become the first USA-based power company with wind generation facilities in China.
The wind farm site is located in the Huanghua area of Hebei Province, approximately 200 km southeast of Beijing, and has the potential to generate up to 225 MW.
AES subsidiary AES Black Sea Holdings BV will own a 49 per cent share in the joint venture, known as Guohua AES (Huanghua) Wind Power Co. Ltd.
CLP India to build wind farm in Gujarat
Hong Kong’s CLP Holdings said its unit, CLP India, will develop a wind farm in Gujarat with a maximum capacity of 100.8 MW, at a cost of $125 m.
Construction will start in November this year and the first phase, which is expected to produce 50.4 MW, is due to be completed in June 2008. The second phase, which should produce 50.4 megawatts, will be completed in January 2009, it said.
Australia: China may increase liquefied natural gas imports from Australia fourfold this year as power plants use gas to generate electricity to cut pollution.
China: Generating units using renewable energy will enjoy priority in linking with power grid, meanwhile thermal power generating sets will be linked with power grid in accordance with Beijing’s efforts in energy saving and pollutant discharge reduction.
China: China imported 3132 tons of steam turbines valued at $40.6 m dollars in June 2007. The import in January-June reached 20 173 tons valued at $281.8 m, down 0.3 per cent and down 6.0 per cent respectively year on year.
China: Alstom has won a €135 m ($184m) order from Chinese industrial group Dong Fang to supply 4 x 1000 MW steam turbine-generator packages for the conventional island of a new nuclear power plant to be built at Hong Yan He, in Liaoning province, northern China.
Malaysia: Asian Gateways Construction has secured a 30-year contract to supply power to PTC India Ltd, paving the way to build and operate a $1.6 bn, 1600 MW thermal coal-fired power plant in Krishnpatnam in Andra Pradesh.
Pakistan: Karachi has approved the 150 MW Patrind hydropower project. Alghurair Group of UAE, sponsors of the project, has incorporated Star Hydropower as the IPP to undertake the project on the river Kunhar.
Singapore: Siemens and Samsung will build an 800 MW CCGT on the site of the Pulau Seraya power station on Jurong Island in southwest Singapore. The plant is scheduled to become online in 2010.
Sri Lanka: Construction work of the Norochchole Power Plant, about 130 km north of the capital Colombo, Sri Lanka’s largest coal-fired power plant has commenced. The plant will contribute 900 MW to the national grid after completion by 2015.
Thailand: Egat may buy additional electricity from independent power producers (IPPs) from 2012-14 if terms are sound and electricity supplies from Laos are behind schedule. Egat is prepared to buy 3200 MW from IPP plants during the period, officials said.