Power

INDUSTRY OUTLOOK

1. For the 12th Five-Year Plan, a total of 88.5 GW of power capacity addition is targeted; of which, 72.3 GW constitutes thermal power, 10.8GW hydro power & 5.3 GW nuclear power

 2. In January 2017, the 2nd unit of Kundankulam Nuclear Power Project, attained a capacity of 1000Mwe & this is anticipated to strengthen the overall power generation capacity in India.

 3. In February 2017, a 40-killowatt solar power plant was inaugurated at Don Bosco Higher Secondary School in Johrat City, Assam.

 4. In May 2017, the government approved the raising of bonds worth US$351.03 million for renewable energy through the Indian Renewable Energy Development Agency (IREDA).


 5. As of June 2017, total thermal installed capacity in the country stood at 220.58 GW, while hydro & renewable energy installed capacity totalled to 44.61 GW & 58.3 GW, respectively.



Growth

News:-

1. ONGC pays Rs 36,915 crore to acquire govt's 51.11% stake in HPCL

2. India's power woes are slowly cooling off, thanks to large capacity addition in renewables, improved coal availability for conventional plants and increasing demand for electricity.  


3.Reliance Infra sells Mumbai power business to Adani for Rs 18,800 crore to pare debt


4. Govt sets up vision 2019 to light up all households with 24x7 power




Q3 results:

1. Adani Power


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