New Director-Personnel Joins NMDC
Govind Ballabh Joshi has assumed charge as Director (Personnel) of NMDC Limited. He is the first Director (Personnel) in NMDC.
He completed his post graduation in Operations Research and Sociology, besides PG Diploma in Personnel Management & Industrial Relations and Labour Welfare.
Joshi joined NMDC as Executive Trainee in the year 1976 and was Executive Director (Personnel) till his present appointment. He has varied experience in all fields of Human Resource Management.
THDC attains Schedule ‘A’ status
THDC India Limited (THDC) has been upgraded from Schedule ‘B’ CPSE to Schedule ‘A’ CPSE. It was formerly known as Tehri Hydro Development Corporation Ltd.
The commissioning of the 1,000 MW Tehri Power Station in 2006-07 by THDC was a landmark for the country’s Power Sector. The other stages of the 2,400 MW Tehri Hydro Power Complex, viz the 400 MW Koteshwar HEP and 1,000 MW Tehri PSP are under construction, with the first two units of 100 MW each of Koteshwar HEP scheduled to be commissioned in 2010-11.
THDC has developed the capabilities to undertake Hydro Power Projects from concept to commissioning. The Corporation presently has a portfolio of 14 Projects totaling an installed capacity of 8,868 MW, located in Uttarakhand, Maharashtra, UP and neighboring country under various stages of implementation/DPR.
THDC would be developing the in Chhattisgarh having a potential of about 2,500 MW, through Joint Venture with Chhattisgarh.
THDCIL has drawn UP plans to diversify into Thermal and Non-conventional / Renewable sources of Energy. THDC also plans to provide Hydro Power Consultancy to other Project Developers.
Monnet close to buyingcoal mine in
Monnet Ispat & Energy Ltd (MIEL) has said it is close to clinching a coal asset deal in .
“We have a kitty of $100 million to invest in foreign mineral assets in the next two years. We have many options and hope to announce a deal soon,” Sandeep Jajodia, executive vice chairman and managing director of the company said.
The company is also in talks with some companies in and is expected to announce its first coal mine acquisition abroad in 3-6 months.
The steel and power player has planned an investment of Rs.8,000 crore over the next two years on expansion.
Monnet Power, a subsidiary of MIEL, is currently executing a 1,050 mw thermal power plant in Orissa.
It plans to increase its production capacity to 3,000 mw in the coming years by setting up three more power plants - a 1,320 mw coastal project in , a 250 mw plant in Raigarh and another unit in Orissa of 525 mw.
In order to fund this expansion, the promoters plan to sell stake in Monnet Power in January 2012.Last month, the company sold 12.5% in Monnet Power to US-based Blackstone Group for Rs.275 crore. In steel, MIEL’s current annual production capacity is of 1 million tonne sponge iron and 3 lakh tonne of steel.
By September 2011, it will commission a 1.5 million tonne integrated steel plant in Chhattisgarh.
For the quarter ended June, MIEL has reported an 18.72% jump in net profit to Rs.72.71 crore riding on a similar growth in net sales to Rs.420.38 crore.
NTPC’s Jharkhand plant to get new site this month
NTPC’s proposed 1,980 mw power plant in , Jharkhand, will be allocated a new site by the end of this month, sources said.
The project was stalled after the ministry of coal found that the proposed plant in Chhapra district was on a coal-bearing area with reserves of over 6 billion tonnes.
“We will finalise the alternative site and the coal field for the NTPC’s proposed plant by the end of this month. We do not want to delay the process, as the company will have to take many clearances after we approve the site,” said a power ministry official.
“We wanted to clear the new site for the project on August 6, but due to certain reasons, our meeting had to be cancelled with the ministry of coal,” the official said.
The project, with an estimated investment of over Rs.8,000 crore, is spread over 2,500 acres and was planned nine years back. It could not take off due to the carve-out of Jharkhand from after which a Rs.1,500 crore debt commitment for the project by the Japan Bank for International Cooperation was nixed. And in 2008, the coal ministry objected to the project after Coal said it would block excavation of 6 billion tonnes of coal.
In February this year, a meeting between the ministries of coal and power, with representations from NTPC and Coal , decided that the project would be shifted from the original location to a suitable non-coal bearing area.
NTPC’s Jharkhand plant to get new site this month NTPC and CIL will also form a joint venture to extract coal from the erstwhile site of the power plant.
This will be their second joint venture, subsequent to their maiden agreement to develop the Brahmani coal block in Jharkhand.
The coalfield is spread over 1,230 square km and has proven reserves of 14 billion tonnes.
POWERGRID signs MoU with Jamia Millia for Training of System Operators
Power Grid Corporation of India Limited (POWERGRID) has signed an MoU with Jamia Millia Islamia (JMI) for training and certification of its System Operators in Supervisory Control And Data Acquisition (SCADA) technology.
The MoU was signed by VV Sharma, GM (NLDC), POWERGRID and Dr SM Sajid, Registrar, JMI.
As the first initiative under the MoU, the load despatchers of POSOCO (Power System Operation Corporation Limited, a wholly owned subsidiary of POWERGRID), who operate the National and the Regional Load Despatch Centers, will be trained and certified in the state-of-the-art SCADA laboratory of Jamia Millia Islamia.
This first such training and certification programme was inaugurated immediately after the signing of the MoU. Sixteen Load despatchers from all the five and the National Load Despatch Center of POSOCO are attending the first program.
Najeeb Jung, Vice Chancellor, JMI expressed his happiness at the mutually beneficial collaborative efforts as POWERGRID can utilise the facilities available at Jamia Millia Islamia to train and update its practicing engineers while Jamia Millia can take advantage of the industry exposure to its faculty members and students.
ABB inaugurates global wind power generator factory in
ABB, the leading power and automation technology group, inaugurated its fourth global wind power generator factory in Vadodara. The factory will supply wind power generators, a crucial component in wind turbines, for the growing Indian and global markets.
The new factory will produce up to 100 units per month with a rating of up to 2.5 megawatts. The 16,000 m2 lean factory will employ approximately 150 people.
Ulrich Spiesshofer, head of ABB’s Discrete Automation and Motion business, inaugurated the factory in front of 150 customers and channel partners together with the local team. At the event he said, “Our energy efficient wind power generators will serve the growing need for components in the wind power industry globally. With our comprehensive portfolio for the industry we are proud to contribute to the generation of clean power that will help countries to meet their growing needs for electricity while reducing their emissions.”
is currently the world’s fifth-largest user of wind power, and investments in this form of renewable energy are expected to continue to grow in the years ahead. Globally, the demand for energy efficient products and solutions is rising because countries are under pressure to cut emissions while demand for energy is increasing.
L&T Bags Rs.1,195 cr order
Larsen and Toubro Limited (L&T) has bagged two projects worth Rs.1,195 crore from ONGC to set up Additional Processing Units at its Gas Processing complexes at Hazira and Uran.
The Additional Processing Units (APU) project at Uran complex shall enhance the Gas Processing capacity at the Uran complex by 5 MMSCMD. New facilities to be setup include a Gas Sweetening Unit (GSU), LPG Recovery Unit (LPG), Condensate Fractionation Unit (CFU), Condensate Handling Unit (CHU) and other Utilities.
The Additional Gas Processing Facilities (AGPF) project for Hazira complex is for augmenting the Gas Processing capacity in the Hazira complex by 5.6 MMSCMD. New facilities to be set up include a Gas Sweetening Unit (GSU), Gas Dehydration Unit (GDU), Dew Point Depression Unit(DPDU) and Offsite & Utilities.
The scope of the contract includes Project Management, Residual Basic Design, Planning & Monitoring, Residual Process Engineering, Detailed engineering, Procurement, Supply, Fabrication, Manufacturing, Inspection, Transportation, Storage, Construction, Installation, Testing, Mechanical Completion, Precommissioning, Commissioning, Performance Guarantee run test and handing over of New Process Units, Offsite and Utilities to the owner.
In the past, L&T has worked for establishing Onshore Gas Processing complexes for Reliance Industries Limited at and Cairn Energy at Barmer. With significant growth potential in the Natural Gas market, these orders further reinforce the customers’ confidence in L&T’s capability to execute large orders in the Onshore Gas Processing area. The orders are also a testimony to L&T’s leadership position in the Engineering & Construction segment.