India ranks third in electricity production and ranks 110th in per capita consumption. This goes on to show the immense potential in India. The power generation which stands at 258 GW is likely to reach 700 GW by the year 2030. All sector of power generation viz. thermal, hydel, wind power and solar power are set to double in coming years. Renewable Energy accounts for 28% of total power generated, wind power constitutes around 87% of total renewable power followed by biomass power. Solar Power is likely to get boost with mega thrust from government in
West Bengal Power Development Corp Ltd is planning to set up a Turga Pumped Storage Scheme to harness around 1000 MW of hydel power through 4 pumps with a capacity of 250 MW each. The project envisages the construction of Upper Dam (C.A. 8.29 Sq. Km) across Turga Nala, a tributary of Subarnarekha river and a water conductor system with an underground Power House on the downstream of Upper Dam and a Lower Dam having intermediate catchment of 4.37 sq. km ( total C.A. 12.66 sq.km ). The project is a Close Loop type Pumped Storage Scheme.
Bahadur Ke Textiles & Knitwear Association is setting up a 10 MW waste based power unit at Bahadur-ke-Road in Ludhiana district of Punjab. However, the project has been stalled for lack of funds.
VBC Ferro Alloys is planning to set up a 2 x 60 MW coal based thermal power plant in Bodepalli in Armoor Taluk in Nizamabad district of Telangana. The company announced the project in 2013 but is yet to make headway in 2016.
Wartsila has received a power plant order from the Kerala State Electricity Board (KSEB). The company will supply LNG-fired 40 MW Smart Power Generation plant and it will be delivered on a turnkey basis. The plant is likely to go operational by April 2017
Ultra Mega Power Projects are likely to be shield from future price increase in case of imports. According to a press release from the power ministry, it has issued guide draftlines for UMPP projects that are using imported coal. It may be noted, Tata Power project in Mundra is still awaiting for compensatory tariff, while Reliance Power has stopped construction at its Krishnapatnam. The draft documents provided that imposition of sanctions by foreign countries on India with regard to supplies of coal, resulting in the cessation of coal supply to developers of UMPPs and the consequent inability of the company to locate coal from any other source, shall be construed as an indirect non-natural force majeure event. Earlier projects had no such guidelines and had lead to litigation and other l