Latest news with #TNPGCL
New Indian Express
17 hours ago
- Business
- New Indian Express
North Chennai thermal plant to get battery storage system
CHENNAI: The Tamil Nadu Power Generation Corporation Limited (TNPGCL) will soon launch Battery Energy Storage Systems (BESS) with a capacity of 200 MW at the North Chennai Thermal Power Station on a pilot basis. Battery storage systems were so far considered options for solar and wind energy. However, the TNPGCL, for the first time, is looking to explore its use in thermal power stations to allow electricity storage during low demand. With the state's all-time maximum demand having touched 20,830 MW, there may not be immediate visible benefits through this pilot project. However, when scaled up in due course, it can ensure steady power supply, reduce the chances of power cuts, and avoid buying costly electricity from private companies, officials said. 'This will also save money for the power utility over time,' a senior TNPGCL official said. According to official sources, TNPGCL incurred a loss of around `2,991 crore in 2024-25 after the division of power utility into three separate entities. 'If proper steps are not taken, the losses may compound this year. Installing BESS in thermal stations will help control the losses,' another official said.
Business Upturn
6 days ago
- Business
- Business Upturn
BGR Energy receives contract termination from TN Power Corp for major Chennai project worth Rs 2,600 crore
BGR Energy Systems has announced that it has received a termination letter from Tamil Nadu Power Generation Corporation Ltd (TNPGCL), formerly known as TANGEDCO. The termination relates to the ₹2,600.02 crore EPC contract awarded for the Balance of Plant (BOP) and allied civil works at the 1 x 800 MW North Chennai Super Critical Thermal Power Project, Stage III. The official termination order was dated July 18, 2025, and was received by the company on July 22, 2025. In the exchange filings, BGR Energy Systems shared, 'We hereby inform you that the company has received 'termination of contract' letter from Tamil Nadu Power Generation Corporation Ltd (TNGCPL) (erstwhile TANGEDCO). This is with respect to establishment of 1 x 800 MW North Chennai Super Critical Thermal Power Project, Stage III – Balance of Plant (BOP) package along with allied civil works EPC contract of value Rs 2600.02 Crores' According to the disclosure, TNPGCL cited key project obligations not being fulfilled, incomplete critical systems, and lapses in insurance renewals and guarantee extensions as the reasons behind the decision. BGR Energy, however, noted that the matter is currently under arbitration before the Hon'ble High Court of Madras and expressed hope for a favorable resolution. The company also clarified that the termination does not have any significant impact on its financials or operations at this stage. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
The Hindu
20-07-2025
- Business
- The Hindu
TNPGCL keeps all options, including PPP, open to execute 660-MW Ennore Thermal Power Station expansion project
Tamil Nadu Power Generation Corporation Ltd (TNPGCL) has kept all options open for developing the stranded 660-MW Ennore Thermal Power Station (ETPS) expansion project including public private partnership (PPP) route, as the Union government's revised policy for coal linkages has provisions for projects selected through tariff based competitive bidding. As per the State Energy Department's policy note for 2025-26, ETPS Expansion Thermal Power Project has faced significant challenges over the years. Two EPC contractors ( Lanco Infra Tech Ltd and BGR Energy Systems Ltd ) were terminated due to slow progress and poor performance, it said. Considering the present energy scenario it has been envisaged to execute the project under PPP mode. A purchase order was issued to SBI CAPS on 02.09.2024 for Engaging Transaction Advisory Services for the preparation of Feasibility Report for the execution of 1x660 MW ETPS Expansion project from 'as is where is basis condition' through PPP mode. Pre-draft Detailed Feasibility Report (DFR) has been received from M/s. SBI CAPS and is currently under review, the policy note added. However, earlier there was one hindrance for the project to be executed under the PPP mode. According to agenda for a meeting of Southern Regional Power Committee, the Union Ministry of Coal had informed that coal linkage will not be allotted to projects under PPP mode or those implemented by private companies and Coal will only be allotted if the project is executed by a Central Government entity, State utility, or under a joint venture of such entities. Meanwhile, the Union government approved a revised Shakti Policy 2025 for coal allocation in May this year. As per the Methodologies for allocation and earmarking of coal linkages under the revised policy notified by the Union Power Ministry, Coal linkages may be earmarked to the State Governments looking to tie up power through tariff based competitive bidding. State Governments may allocate the earmarked coal linkage to Thermal Power Projects which are under planning or under construction or commissioned or also to projects to be selected through tariff based competitive bidding, it said. Meanwhile, Union Ministry of Power has requested the Standing Linkage Committee (Long-Term) for Power Sector to consider the request of Tamil Nadu government to earmark long-term coal linkage to TNPGCL under the revised policy for conducting tariff based competitive bidding to develop and procure 660 MW of power from stranded Ennore TPS Expansion project. TNPGCL has also sought cancellation of the long term coal linkage allocated to the project under the provisions which were applicable to only Central / State generation companies, as per the agenda for the meeting of the Standing Linkage Committee (Long-Term) for Power Sector. A senior TNPGCL said the utility is working with Tamil Nadu Infrastructure Development Board on execution of the project and all options including PPP are still open.
New Indian Express
05-07-2025
- Business
- New Indian Express
Rs 264 crore plan afoot to restore fire-hit units at Thoothukudi thermal plant
CHENNAI: Tamil Nadu Power Generation Corporation Limited (TNPGCL) has given its approval to spend Rs 264 crore to restore the decades-old Units I and II of Thoothukudi Thermal Power Station which are remaining shut since March 15 following a fire accident. As per an internal note, accessed by TNIE, the TNPGCL board has granted administrative approval to revamp the two units. Tamil Nadu Electricity Board chairman-cum-MD J Radhakrishnan told TNIE tenders have already been floated to select contractors. 'We are planning to complete the restoration work at the earliest,' he said. On the rationale behind investing Rs 264 crore on the two units that are over 40 years old, he said though the units are old, their performance has remained good until the fire accident. He pointed out while the fire badly damaged the control systems and cable linings, other equipment suffered only minor damages. He said it is wiser to revive these existing ones instead of planning a new thermal plant, which would be exponentially expensive, costing around Rs 7,000 to Rs 8,000 crore.
