Thermal power and Thermal power plants are facing certain reduction in production which will soon lead to severe critical stage in power business. Lets take a look over the latest critics of thermal power.
The thermal plant in Cuddalore, the group is looking to sell its stake in a captive port associated with the power company. Also on the block is a Singapore-based investment vehicle, ILFS Maritime Offshore Pte Ltd, which owns a coal mining company in Indonesia. The power plant currently has a capacity to produce 1,200-MW, which can be increased by another 2,700 MW. The captive port, Porto Novo Maritime, is used for the import and transfer of coal to the plant.
The company has debt of ₹91,000 crore. The bankruptcy court has asked it to use cash flows from 22 companies that are solvent to pay lenders. Interest has come for a 91.38% stake in the power company held by IL&FS Energy Development, the people said. There are also bids for the entire stakes of Porto Novo Maritime and IL&FS Maritime Offshore.
India may be heading for power shortages during summer when the country will go to the polls as private producers have not been paid Rs 14,600 crore by state utilities which has created a shortage of funds, particularly for coal and rail transportation which requires advance payments.
Private producers have asked the government to intervene and make state utilities pay up so that they can build fuel stocks that are needed to meet summer demand, which is expected to surge. Industry sources said thermal power plant capacity of at least 15,000-mw is deeply impacted by the financial crisis as state power distribution utilities are faltering on timely bill settlements.
The government has set a target of one billion tonne of coal production by 2019-20 for the mining major, but is considering relaxing the timeline.
Coal imports increased by 5.1 per cent to 189.9 million tonnes (MT) in the April-January period of the ongoing fiscal. There was modest demand for coking and non-coking coal from Indian buyers during the month. The marginal decline in hot metal production and volatile coking coal prices in January prompted buyers to keep a tab on imports
eClouds is now launched with the new big bang of offers of power purchase. We are now available with Third party thermal power at the rate of 3.80 [generator bus bar] and also quantum of 25 megawatts is available.
Terms for power purchase:
Please read carefully
1. The price of power is Rs.3.80 per unit ( At Generator Bus Bar)
2. Any overhead charges ( POC injection, With drawl charges and losses, open access, wheeling charges and losses, cross subsidy and additional charges if any should be borne by consumer end)
3. This agreement is for a period 1 year.
4. Advance / BG for one month energy consumption to be made as Payment Security by the consumer to the generator
5. eClouds Energy LLP consulting fee Rs.0.05 + GST 18%
6. Billing will be done by the generation weekly basis and payment needs to be done on weekly basis.
7. Buyer and Seller will be signing a Power Purchase Agreement (PPA) to cover all of these terms of operation.
8. eClouds Energy LLP Facilitation Fees :An advance of Rs.25,000 is payable along with the order confirmation letter.
9. The above amount will be refunded only at the time of terminating the contract.
10. eClouds Energy LLP facilitation fees will be separately billed to you as service charges and is payable to eClouds Energy LLp.
11. For all these jobs, we take approximately 20 days to complete from the date of signing the PPA with you.
12. The LOI given by consumer is valid only after generator acceptance.
You can place your orders and chat with our marketing team