In a recent letter to the power ministry, New Delhi-based Indian Electrical and Electronics Manufacturers Association (IEEMA) highlighted what it calls a “security threat” to critical power infrastructure with increased use of foreign automation and communication systems being introduced for operation and management of the electricity grid
The company currently has a capacity of nearly 24,000 MW under construction and according to a NTPC spokesperson, the company looks to bring that up over a period of five to six years
Coal in India is used either from domestic sources, mostly mined by coal India, or is imported.
The govt plans to take India’s renewable energy capacity to 175 GW by 2022 which comprises 100 GW solar, 60 GW wind, 10 GW from biomass and 5 GW from small hydro powers.
The government set up the Rs 40,000 crore NIIF in as an investment vehicle to fund commercially viable greenfield, brownfield and stalled projects.
"It will be run and managed by an investment manager who will be chosen through international bidding," Goyal said.
Conceived in 1993, the project was initially stuck due to Narmada agitations and later due to restructuring in the promoter group.
All approvals for the plant are in place and the company has also signed long-term power purchase agreements for the project with Bihar and Jharkhand.
It is expected to also raise concerns over the possibility of blending of coal for such projects,” an official close to the development told ET.
New document looks at forming two SPVs for a UMPP instead of one earlier.
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