National Competition Policy and Economic Growth in India: A study of the Electricity Sector by Nathan India

Solutions powered by an understanding of the economics of competition, innovation, and reward TERMS OF REFERENCE OF THE STUDY NATHAN INDIA

and and

3

acts

through transmission

regulations

sector these sector

the

generation,

through up

in

electricity

the

open

in created

issues to

sector

efforts the power

anomalies

in of

or

developments competition

Distortions Government’s Legislations Historical Identify

reforms distribution

. .

. .

. TermsReference of NATHAN INDIA

(STUs

sectors

4

growth

levels

state hamper

agriculture

controlled

at

and

concerns

rural

Jharkhand

to

government

jurisdictions is

Orissa,

environment subsidies which

as

but

monoliths

overlapping

such

material, hydel

state

Chhattisgarh,

have

levels for by

raw Constitution

MP,

as of –

economy

sector officials

reality

list

various

a

potential as states

the at

on

not disequilibrium political of

has

few

vintages to

still in

belt interest

interest

Concurrent

Supply of

of plant

in politicized

related access

dependence

located

SEBs)

Highly Conflict Himalayan Fuel Subject Various Open Conflict High Issues Monopolization Demand and

. . .

......

. Factors Governing Governing Factors Electricity Sector NATHAN INDIA

be the

5

effective they changes with National

an

the line can

these

in to

with how

competition

due

them

line

with and

implementing in

sector

bring

for

are

to the

policy

in

laws maximized

constraints

altered be gains

reinforced and

be be

can

competition

they they economy

possible policies

policy welfare

can can

the

national

Policy

be

how how

political existing

no, yes, could

consumer

If proposed If competition

. . How

Possible What

Whether addressed Competition

.

. .

. Scopeof Work NATHAN INDIA

6

Retail Distribution Distribution Generation Transmission Fuel (Coal) Fuel

ELECTRICITY

sectors within sectors within Electricity Sector -

sectors withinsectorsthe sector

A study on A electricity sector necessitatesananalysis ofdifferent allthe sub Sub PRIMARY FUEL - COAL NATHAN INDIA

8

. Reports suggest suggest Reports . Coalgate

Coal

- serious power players who would under cut serious serious cut under would who players power serious -

Coal India has a near monopoly in India’s coal segment largely because because largely segment coal India’sin monopoly near has a India Coal levelno of situationain resulted has This support. government of players privatefor field playing Government’s attempt to issue licenses to private players for captive use use captive for players private tolicenses issue to attempt Government’s of the form in controversy ain it landed this in role a played favoritism and neglected were issues competition scandal coalbillion multi operations by nonby operations solution?a Act Coal amending Is blocks. coal get to players Nathan proposes to analyze whether competition should exist in coal.in exist should competition whether analyzeto proposes Nathan in result could of competitionbasis on allocations because is This Coal dominates the primary raw material market for the Indian the for market material raw primary the dominates Coal sector electricity Primary Raw Material NATHAN INDIA

9

-

might last over 30 years. This might be useful since nuclear is a very very a is nuclear since be useful might This years. 30 over last might of electricity. source cheap Analyze the viability of using other sources of energy, especially especially of energy, sources other using of viability the Analyze that projects for finance bank of availability of terms in nuclear, Hydro Energy Hydro Energy Nuclear Energy Solar Energy Wind Number of private mining licenses granted by government by granted licenses mining of private Number operations started have who players Private Government’s coal procurement process procurement coal Government’s process disbursement coal Government’s • • • • • • • • •

DataAnalysis

-

energy Private Players of other other of

Viability sources of of sources Production Coal India’s Coal Contribution Coal GENERATION NATHAN INDIA

11 players We proposeWe to plans of privateplans the future the growth estimatepotential sector by by analyzing sector opportunitiesin the

segment analysis to analysisto Nathan India India Nathan determine the performance of of performance privateplayers in competitionthisin to study study tothe levelof proposesuseto data electricitygeneration,

The Centre Theand States generated States generated rest.the capacity,at 145602 (allowed (allowed after 1991) around 3/4th around of this MW. Privateplayers

As of AsMarch2012 power capacitypower of almost 2,00,000almost MW

India had had an India installed Generation NATHAN INDIA

12

market Private Private Sector:

Suzlon etcSuzlon thein private sector. Arrangements for sellingexclusively thein Lanco, Tata Power,Tata Lanco, Adani, ReliancePower,

to enter into distribution. into enter to Nathan proposes to study : study to proposes Nathan

New concepts can be used for analyzing issues analyzingfor be used can concepts New Public Sector: Public Neyveli Lignite Neyveli Contribution of Merchant Policy to the realm of Competitionof realm the to Policy Merchant of Contribution Recent Growth and Projections of players in Public and Private sectors. andPrivate Publicin players of ProjectionsandGrowth Recent with the with concernedstate government

We study the cases of Torrent and Tata power. Both are present in generation and generationin present are Both power. Tata andTorrent of cases the study We Arrangements for sharingpower generation Installed Capacities, Production Decisions, Pricing Strategies, Distribution Patterns, Strategies,Distribution Pricing Decisions,Production Capacities,Installed NTPC, NHPC, NHPC, NTPC, NPCIL, Damodar Valley Corp, distribution businesses of electricity. We also study, the acquisition of BSES by R Infra Infra Rby BSES of acquisitionthe study, also We electricity. of businesses distribution Analyzing Growth Playersof TRANSMISSION

13 NATHAN INDIA

14

Dehgam area and is is also and area Dehgam -

private player. private Adani has entered transmission in Mundra in transmission entered has Adani aby line HVDCfirst be willwhich system, km 1,000 another up setting Transmission Utilities such as the Power Grid Corp. and State and Corp. Grid Power the as such Utilities Transmission APTRANSCO as such Utilities Transmission Transmission segment of electricity generation is dominated by Centralby is dominated generation electricity of segment Transmission overlap of members (govt officials) of SERC and STUs STUs and SERC of officials) (govt members of overlap There are also issues of conflict of interest as there is there as interest of conflict of issues also are There Private investments are however allowed in certain in allowed howeverare investments Private CERC by approved projects Entry barriers exist because of the nature of the market. market. the of nature the of because exist barriers Entry This is because electricity passes easily through grids grids through easily passes electricity because is This resistant least are nature by that Transmission is characterized by a natural monopoly. natural aby characterizedis Transmission • • Transmission Transmission NATHAN INDIA

of an by

be which set care

players 15

can are

taken

private This

tariffs

. for being

set transmission,

cost to

distribution

for

issues

and cost CERC

issues

provisions

by

generation and

sunken the used

competition

is generation of

tariffs

competition the into

up

of

on

model built

between approach

study setting the focus

are

case based will

tariffs

while

tariffs follows

study

CERC

formula

The Adani Interstate A by

interesting means CERC

.

. .

. Competition Competition Issues Tariffin Transmission in DISTRIBUTION NATHAN INDIA

17

are there are There are very few private players such as Tata Power (NDPL), Torrent Torrent (NDPL), Power Tata as such players private few very are There sector the distribution inBYPL) and Rajdhani(BSES Power Relianceand separated. The government is exploring the idea of allowing multiple allowingof the idea exploring is government The separated. entity. another with business wires the with distributionin players Competition can be introduced when wires and distribution are are distribution and wires when introduced be can Competition distribution licensee model as each work in fixed areas fixed inwork each as model licensee distribution Competition issues need to be studied with respect to multipleto respect with studied be to need issues Competition Administrative hurdles restrict open access to consumers to access open restrict hurdles Administrative Distribution sector is a near monopoly of the state discoms the state of monopoly near a is sector Distribution • Distribution Distribution TRADING NATHAN INDIA

19

We propose to analyze reasons for existence of only handful of players players of handful of only existencefor reasons analyzeto propose We trading for issued licenses 40 over despite responsible for boosting generation. boostingfor responsible PTC India looks into trading in the electricity sector. By taking equity By taking sector. electricitythe in trading intolooks India PTC is italso agreements tolling power signing and companiesin positions We also propose to analyze the operations of State of operations the analyzeto propose also We the sector. in Corporations Trading Our study proposes to analyze the functions of PTC and PTC of the functions analyze to proposes study Our sector trading the in competitionof level the Power exchanges have recently allowed trading in trading allowed recently have exchanges Power sector power Trading in the electricity sector has been recognized as as recognized been has sector electricitythe in Trading segment independent an • • Trading Sector EVOLUTION OF ELECTRICITY SECTOR IN INDIA NATHAN INDIA

India reducing

21 in

UK

besides

in 2006

policy National

Tariff Policy Tariff

interest

practiced

as

public Electricity

: of India

it National

Electricity larger in Policy, 2005 Policy,

that

mind

mind

in in evolution

electricity

of ;

Act, 2003 Act, the Electricity

keeping

keeping

sector access

; acts the

analyze open analyzed in

the Acts of

be to

Pronouncedterms suchas consumer welfare and Openedthe sectorthrough licensefree generation; Openedaccessdistribution in and more scopefor private playersprivate ;and competition

Act, 1948 Act, to Electricity

the

• Will • • of

aims

barriers

implemented

study

Implementation Amendments Objectives Acts entry

Act, 1910 Act, Electricity

. . . . through

Our Evolution Evolution of the Electricity Policy AIM OF THE STUDY NATHAN INDIA

a

of the

Act given

(FOIR)

23 creating forum has during

like

and crore Electricity

FOIR

Regulators 000

the ,

82 to

panels which

Rs

Indian

on at

of

expert recommendations regulators

2011 discoms of

Forum

in of

of recent radical

up

amendments

loss forum

by

set

some the panel

2010

was

sought

by functions

to

made made analyze of

has panel

to

losses 2006 accumulated

Shunglu

has

sought

terms aim SEB

like from

in panel for

Shunglu

minister

will

estimated

SPV period The The It

study . . .

Progress Amendments Recommendations opinion) (Power regulators,

.

. .

Our Future CourseFuture Action of NATHAN INDIA

24

Entry Entry of

in the sectorthein privateplayers problems. regulations. Policies and Policies Government a solvelotof subvention insubvention Solar powered Solar pumpsetscould

Potentialof Subsidies in .solar like wind wind like and Sources of Sources energy sources, energy Renewable

potentialof perspective competition

Futuregrowth thesector with

sector of foreign of players in theplayersin Potentialentry Renewable Energy Sources NATHAN INDIA

25 different sectorsdifferent Companiesinvolved in

Power companiesPower and associations

Primary data Primary data collectedduring interviews with Regulators Collection of Data of Collection Analysis of the Market the of Analysis Analysis of Regulationsof Analysis Regulations Environment Regulations assessment, would be considered be would assessment,

Sampling

Stakeholders

References from the OECD framework and standardized toolkits on competitionon toolkits standardizedand framework OECD the from References

Secondary Secondary data, followed by its Randomized

perspectivethe Nationalof Competition Policy.

Our work planworkOur comprisesof ananalysis electricityof the marketthe with Work Work Plan NATHAN INDIA

13 26 - report Feb Submissionthe of final

13 - report Jan

Work on theonWork analysis Writing draft the of the

12 - Dec Associations Companies and Data from interviews Interviewswith Power Preparation Primary of

12 - Nov of primary primary data of

Policy Framework Policy

*Please note that more than one person an will activity on working be more thatperson one than note *Please

Collection and analysis Time Frame NATHAN INDIA

27

Competition advocacy will be a thrust area for for area thrust a be will advocacy Competition recommendations The recommendations will focus on the on focus will recommendations The to opened fully is it when sector the of potential competition

economic analysis of the sector of analysis economic On successful completion of the report, Nathan report, the of completion successful On the on based recommendations make will Conclusions Conclusions and Recommendations ELECTRICITY DATA NATHAN INDIA

Central,

Share

capacity)

November) supply

& to

up

installed class

12 - of

demand

2011

voltage

to peak

2012 . 98 - with 01 2012 utilization

.

31 to of

1997

(

shortage,

on

station

1991

as

and

(Index

position from transmission

Plan)

station in TPSs

line/Sub

of

(XIth supply

availability

power

agency

(PLF) project Utilities

power electrification

the sector participation addition work

Transmission transmission

of and of Factor

rural

Private

the

sector requirements,

central of

load and wise capacity

Name Scope Implementing

- sector of

o o o

Year Name Private List Data State Energy Generation Plant

...... Central Generation

.

. Electricity Data Available Yearly at Power Ministry Website NATHAN INDIA

) and

Wise 11

Wise -

2010 09

- Thermal

(Region Category

Year 2008

from 11

- and

the

year

11 - 2010

Wise the

during 2010

01

for - Year generation

the Year 2000

(Region

actual 11 the country -

generation since

vis

- based) during the à

2010 -

in

during )

vis

power

Year 11 country

-

in Lignite

Country / the

the

stations Sectors targets 2009

( Stations

in

the

growth (Coal

in

during

Plants various Power

wise

of generating

generation

Stations generation

of based

Generation Thermal Generation

Gas category energy

Power

energy power

and of

based of from Performance wise

Actual

Power

Wise)

& in rate

wise sale

Thermal Coal

of

month of of

Generation Generation List List Targets Category Growth Growth Region Rate The

...... Generation

. DataAvailable on CEA NATHAN INDIA

thermal

11 - breakup)

2010

existing

wise -

of

during

(Mode targets

targets

vis - a - vis

states/UTs generation

MU)

the the

100

in

than

exceeded

more utilities has

(

which

power

of

units generation

Units

in

11 mw) -

CEA thermal

(in

2010

Thermal shortfall

new

of of of

during

capacity

Performance of Central Sector (thermalutilities stations) performance the of various Central Sector in hydro Utilitiespower generation Gas BasedGas Generation Performance of NuclearUnits Performance Hydro of Stations National averageNational PLF 1997 onwards (Trends) Number of stations operating above 90% PLF Fuel wiseFuel Break up Statement stations Statement

...... Performance Installed

.

. DataAvailable on NATHAN INDIA - - - mover - wise/State wise during -

- wise during -

05 -

05 - utilities)Prime - wise/Region wise and and wiseprime mover - Prime mover - - mover - 04 and 200404 -

05) -

05. 05 - -

Generation

Electrical Energy Generation in the country ((utilities & non 05 05 - -

Undertakings,Central Sector, Municipalities and Private Sector 2004 Gross ElectricalGross Energy Generation by State Electricity Boards Prime mover 2004 ElectricalGross Energy Generation by Electricity Departments, Government Gross GrossElectrical Energy Generation (Utilities only) Prime wiseduring 2004 All India All GrossElectricity Generation (utilities only) Ownership wiseduring 2004 IndiaAll ElectricalGross Energy Generation (Utilities only)during 2004 Gross wiseduring the year 2004

...... Electricity

. All IndiaAll Electricity Statistics Report 2003 NATHAN INDIA

wise ason -

05 -

here

available 04 and 200404

- wise on31.03.2005as

- Peak)

2012

and

System

Aug

(Normal report

Distribution

&

Position

Exchange

Supply

Energy

Transmission

Power

regional - 31.03.2005. Number of transformersand their aggregate capacity (utilities only) State 31.03.2005 Number of transformersand their aggregate capacity in State Electricity Boards ason Length of Lengthtransmission & distribution linesState Lengthof transmission& distribution linesin State Electricity Boards ason31.03.2005

. . . . Inter Monthly Electricity

. .

. All IndiaAll Electricity Statistics Report 2003 NATHAN INDIA

(NPCIL)

) Facilities)

13

-

stations 2012

to

capacity

Generating 07

- NTPC capacity of

their

2006

(

their

based 12

and -

Spread

ant

coal

DATA 2011

of

station in

stations

Projects (Regional

power

Generation

power

Power

production performance

capacity based

Power based

wise

Based - coal

gas of

. .

Station Nuclear Hydro No No Operational Generating

.

. . . . .

. NTPC NATHAN INDIA

. the

factor . power - surging

particular is load

region

in hydro % changing

60 the

at of

Limited

Pradesh thereby

MW

developing

NHPC

by 11647 .

Pradesh, of development Himachal

name

in

(CEA) nation

Plant and overall

the potential

by Himachal

in

Authority general serve gross

in in

to augmenting

power

hydroelectric

and

Electricity country

vast available hydro

the committed

has

data

is Central conditions

by

Pradesh developing

throughout Limited

in generation

economic

- assessed

Power socio ahead Himachal as projects NHPC

.

. NHPC NATHAN INDIA

III (231III I (540 MW) (540I MW). II(300

– – – III (520 MW) and MW) (520III II (800 MW) (800II

– –

SJVN is the second largest hydel power company in Indiain companypowerhydel largestsecond the SJVN is

Generation

which is a JV between the Indian government and the Himachalandthe government Indian thebetween JV ais which here. available2007 from data generation state.Monthly Pradesh SJVN Parbati Stage Parbati Stage Parbati Stage Chamera Chamera Stage Chamera Stage Chamera Baira Siul (180 MW) (180Siul Baira SJVN Under active construction stage construction active Under NHPC Limited commissioned projects Limited commissioned NHPC • • • • • • •

Power

. NHPC and SJVN NATHAN INDIA

Uttar Pradesh India.Pradesh Uttar

Generation

Power taker: Transmission Corporation of Andhra Pradesh Pradesh Andhra of Corporation Transmission taker:

taker:TNEB for the supply of the entire power generated generated power entire of the the supply for taker:TNEB - -

Group

Total Capacity:2x600 MWFuel Source:Northern Coal Fields Coal Source:Northern MWFuel Capacity:2x600 Total contract Off Plant PPA per as 15years, of period a for Total Capacity:120 MW Capacity:120 Total term long a on Ltd (India) GAIL Gas):From (Natural Source Fuel Fuel Source ():From GAIL (India) Ltd and M/s Reliance M/s and Ltd (India) GAIL Gas):From (Natural Source Fuel contract term longa on based Ltd Industries off Power PPA per as 15years, for TRANSCO) (AP Limited Total Capacity:1466 MW Divided into three phase three into Divided MW Capacity:1466 Total LANCO Anpara Power, Anpara LANCO LANCO Tanjore Power Company Ltd. , Tamil Nadu, India.Nadu, , TamilLtd. Company Power Tanjore LANCO LANCO Kondapalli Power (IPP) Andhra Pradesh, India. Pradesh, Andhra (IPP) Power Kondapalli LANCO • • • • • • •

LANCO

. LANCO Group Thermal Power NATHAN INDIA

%

10

and

.

Karnataka .

in

India

India

. ESCOMS

India

five

to

Maharashtra,

Fields

% State, Chhattisgarh,

. 90 Limited

Coal

Fields

for Ltd

MW Power,

Coal based

PPA - 300 Limited

Power

MW

Eastern

X

Power

Karnataka 2 coal

Corporation :

660 term MWFuel

Generation

India Thermal MW

Eastern X

South : 2 660 : x Long Power PTC 2 1200 :

: : : Capacity Power South Power

imported

(Coal)

: State taker taker

- - Vidarbha Amarkantak Capacity

Total From : : II I Off

Off Capacity Capacity

Group Source Source

Udupi

Punjab

Source Plant Total Phase Phase Fuel Plant to Total Fuel LANCO LANCO The • • • • • • • • •

LANCO

. LANCO Group Thermal NATHAN INDIA

is of

Urja

Nigam

capacity

capacity

Gujarat

Vyapar

the

project

and

with Vidyut

MW cumulative

.

. a 640 Nadu

and

for NTPC

and

policy Tamil

Karnataka the

in

in Mission MW

state (PPAs)

20

with

the

Solar

Tirunnelveli

Chitradurga

under

at

Thermal,

at producing

Agreements National is

unit

unit

solar

the

Power (GUVNL) Lanco

and

Purchase

under generation

PV

generation

Limited

currently Power solar power

power

in (NVVN)

wind

Nigam wind

sector, Solar Wind

signed MW

MW construction

MW

141 Limited Vikas has 10 3

hydro

. . . In under LANCO LANCO

. .

. LANCO Group Thermal NATHAN INDIA

gas,

(coal,

thermal

like

sources

Project

.

energy ,

from energy

Mundra

Maharashtra

at

power

of

Coastal

geothermal Project

MW and

MW and

(Jamshedpur) Bengal) 6900

Power

1600

wind ,

Jojobera Trombay are

about (West House Mega

at at

5 8

solar,

Ultra Maithon

Unit Unit Haldia Power

Commissioned

generates

MW MW

MW MW MW MW

Implementation

1050 4000 120 120 250 120 Power hydroelectric,

o o o o o o Under Successfully Tata oil),

. . . Generation

. TATA Power TATA NATHAN INDIA

and Tala

km

Mumbai

200 , 1 in

. the

. for

customers year

available) a

is

in India

direct

of data sold

Lakh are

5 . 1

(MU)

descriptive

over Corporation

of units

(only

Grid base

million

Power 000

,

Distribution 12 customer

a

with Project and

has about

venture

Power

Power

average

Tata on, Transmission Joint Transmission

. .

. TATA NATHAN INDIA

be be

to to India's

. . project, power

expected expected

is

based

. locations locations

project .

which coal

photovoltaic

banner 2012

seven

Group MW

multiple

at

solar

.

at the

000 Rajasthan March ,

, 18 in wise MW

-

developing

Maharashtra 40 within ,

capacities

. a

capacities project

under

around

Pokharan

2012 or

Rajasthan

farms

..

and , power

in of Vashpet

power

2013 in

wind

end

commissioned based developing May the Pokharan

construction descriptive

thermal is in

project

by by

:

, gas

hydroelectric

of under

of operational solar

Power

wind available

are of

project Projects

MW is successfully

MW

MW

MW them 000 MW such

data

,

620 ,

have of

Reliance 94 commissioned 10 4 100 commissioned 45 the

...... Most All Developing largest RPG

.

. .

. Reliance Power Generation NATHAN INDIA

3 x 660 3 MW x 2 x 660 MW 2 x 660 MW 4620 MW

2 x 330 MW 1 x 660 MW

- - -

2 660 x MW 330 2 MW x Thermal Power Project Power Thermal - -

- - Thermal Power Project Power Thermal

Thermal Power Project (Upcoming) Project Power Thermal

Limited

Capacity:1320 MW PhaseIV Capacity:1320 MW Capacity: PhaseI PhaseII PhaseIII PhaseII PhaseIII Capacity:3300 MW PhaseI Pench Kawai Thermal Power Project Power Thermal Kawai Mundra Tiroda • • • • • • • • • • • Generation

Power

. AdaniPower NATHAN INDIA

is in in

Kutchh

Limited Bharuch

. of . implementing

is

district MW MW

Power

in

district ,

2640 3300

Limited

Adani

of Mundra

Power industrial capacity capacity

of

the

port in

Adani

, of the subsidiary

aggregate aggregate

a an an Dahej

near

of

with with

subsidiary port

Limited a

location, the

project project

near

Limited

coastal

power power

a Generation

at

Dahej

Limited location,

thermal thermal

Power a a

Power

coastal

a

Gujarat, implementing Gujarat, Kutchh at Adani

.

. AdaniPower NATHAN INDIA

- a

A

for . the km

. 50 in

private

Mundra by Gujarat system

MW

transmission transmission HPGCL in developing

40 line

to is

dedicated

for a state

- dedicated

APL, . power

dedicated

transmission Intra of

of

D/C Limited

transmission an

Surendranagar Project

KV developing at longest

as HVDC

supply

Nigam 400 the HVDC

also

KV

for subsidiary Power

is Line is a

project

first 500 line

Vikas

±

Tiroda APL the

which

power , Urja

be

Kms (APML),

this,

commissioned Kms will solar

APML’s Transmission

1000

transmission

with Gujarat 430 and

This

MW Limited

. of

from

with 100

another Warora Along

line a

- Bhiwani

. - . power up

HPGCL up

developed

to

Tiroda executed sector

Maharashtra

country

setting setting

kV

evacuate .

power the already been

transmission

to 400

also of also private Power

in Mohindergarh

has has is is phase

by

kV km Transmission

Power Limited… PPA first 221 licensee APL sector 400 Adani line APL supply APL Dehgam

. . . .

Power

. Adani NATHAN INDIA

2012

- MoU 2011

LNG LNG from GAIL and GSPC LNG LNG from GAIL and GSPC - - Dual Fuel Gas

and

11 -

2010

2007 - 2006 GIPCL

of

from

II I - - Natural fromGas GAIL and R Natural fromGas GAIL and R

165 MW 145 MW

available

Station Station

Combined Cycle Power Plant, Fuel: Combined Cycle Power Plant, Fuel: performance

Supplies Power to Promoter Companies through Fuel Source: Capacity: Type: Fuel Source: Capacity: Type: Reports Plant

o o o o o o o Vadodara Vadodara

. .

Annual Annual

.

. GujaratIndustries Power Co. Ltd. NATHAN INDIA

Supplies powerto GUVNL through Supplies power to GUVNL through GUVNL to power Supplies

– – Lignite Coal Lignite Coal

.

April, 2012

Lignite fuel as from Captive mine Lignite fuel as from Captive mine

005 MW 250 MW 250 MW II (Unit 3 & 4) & 3 (Unit II I (Unit 1 & 2) & 1 (Unit I

- - Independent Power Producer (IPP)

Lignite based Power Plant Fuel: Solar Power Plant Lignite based Power Plant Fuel:

Station Type: CommissionedIn: Fuel Source: Capacity: Capacity: Type: Fuel Source: Status: PurchasePower Agreement Capacity: Type:

o o o o o o o o o o SLPP Solar Power Plant Power Solar SLPP SLPP SLPP SLPP Station SLPP

. . .

Power Purchase Agreement Purchase Power All the plants are Independent Power Producer (IPP) Producer Power Independent are plantsthe All GujaratIndustries Power Co. Ltd NATHAN INDIA

installed

Completed

. development

under

are

12

and

The entire power generated at this plant is supplied to suppliedplant atthisis generated power entire The

completed

been Power Generation Ltd: The GMR Group's Group's powerthird GMR The Ltd:Generation Power

have

: Vemagiri

are

project

the Tamil Nadu State Electricity Board. StateElectricity Nadu Tamil the Pradesh. wasChennai in plant power MW 200The Limited:Corporation Power GMR 1998.in commissioned generation project is a natural gas based thermal power plant withanplant thermalpower based gas naturalais project generation of Andhra Corporation Off Transmission taker Power MW. 388.5of capacity July 2010, where it has been modified and commissioned to operate on Naturalon operateto andcommissioned modifiedhas been where it 2010, July Gas. GMR friendly, natural gas based 220 MW generation plant. It was originallywasIt plant. generation MW 220 gas based natural friendly, withnaphtha After successfully operating2001.inatMangalore commissioned in Pradesh Andhra in Kakinadato moved was the barge 2010,tillApril fuel as GMR Energy Limited: GMR's Barge mounted power plant is environmentanplant power mounted BargeGMR's Limited: Energy GMR

. . . Three projects

. GMR GMR Energy NATHAN INDIA

Dahej Ahmedabad , Ahmedabad Vatva

in South Gujarat.Southin

Bharuch

substantially by setting up a 1200 MW gas based power project at power project based MW gas 1200a by settingup substantially near setting up a standalone power project with a capacity of 382.5 MW at itsat MW 382.5of capacitywitha project power standalone aup setting Plantsite. Power SUGEN existing capacitygenerationits of expanding the in process is Ltd., Energy Torrent 400 MW coal based thermal atSabarmati,power stationthermalbased coal MW 400 plantatpower cycle combinedbased gas MW 100 1147.5 MW SUGEN gas based mega combined cycle power plant near plantcyclepower combinedmega based gas SUGEN MW 1147.5 Surat

o o o o o Torrent Power has an aggregate generating capacity of 1647.5 MW comprising:MW 1647.5of capacitygenerating aggregate an has Power Torrent

. Generation

. distribution. Torrent is in business With ventures in power generation, transmission and transmissiongeneration, power in ventures With business inis Torrent Torrent Power Torrent NATHAN INDIA spanning

Bhiwandi

and

, Surat

, Ahmedabad and and is being implemented a inphased

Gandhinagar , Kms

Ahmedabad

for implementing 400 a kV transmissionsystem Bhiwandi

and

Surat

,

wise distribution network details available for - Power Gandhinagar and commercialand hubs. City TorrentPower transmitsand distributes more than 12 billion units powerof to around 2.2 million customersin the cities of areaan 408 of Sq. Km. and franchisearea of 721 sq. km. Thesecities majorare industrial Theproject isspreadacross a length 249 of manner TorrentPower hasentered into a jointventure with PGCIL formto companya named TorrentPower Grid Ltd.

• • • • Distribution Transmission

.

. Torrent NATHAN INDIA of 400

kms

district Rajasthanof in

of transmissionof lines on

kms

District Rajasthanof in 2006 of 8

Ganganagar in the state Gujaratof which supply

‘Haryana’ ‘Haryana’ 2010. in

Tonk kw , India. Jhajjar

-

power plant of 7.8MW. Powergrid

MTsfor

Domestic hasbeen the core businessof KPTL which hasrecorded

Padampur –

TransmissionProject

– 46,000

- )

Domestic

Rihand

Power Transmission Ltd.

turnkey basis. Awarded forAwarded supply & erectionof oneof the largest projectof more than1,000 lineKV ( Ourcredential includes constructionof more than 14,000 TheTransmission Line spectaculargrowth and made KPTL a key player in Indian transmissionindustry Secured first BOOT poweritsto manufacturing plantsin a costeffective way. It was followedIt was up with another facility setup in MW KPTL hasalsoput up 4 wind mills totaling 1300 KPTL hasventured into renewable powergeneration by setting up Biomassplant (using agricultural waste and cropresidues asinputs) in the 2003,having setup the

• • • • • • • Transmission Generation

.

. Kalpataru NATHAN INDIA

Yojna

stations -

.

stations -

Vidyutikaran

Programme Grameen

Feeder Separation Scheme

(DMS)

Rajiv Gandhi Gandhi Rajiv

Accelerated Power Development & Reform Programmes - - Gaothan

- Feeder Renovation - Power Transmission Ltd BPLConnections LT Lines LT Distribution centre Construction Construction of new 33/11KV sub Augmentation of existing33/11KV sub Feeder bays33/22/11KV HT lines FRP GFSS RGGVY APDRP

Distribution

• • • • • • • • • • Company’svastexperience includes supply,installation & commissioning of funded by funded Government of India mentionedas below: TheCompany diversified its presenceinto distribution contracting business2005. in TheCompany hascarried out various typesof under works variousschemes supported or

. . . Power

. Kalpataru NATHAN INDIA

8 a a

by

has and in

India wind

in and

recorded

regions

it

published

Technology, as

power

cumulative potential

2012

predominantly western the India -

st, statistics wind

in Energy

31

power

data, north the

to

wind and Wind March

industry operational

installed

on

(MNRE) for

as

been total western

energy according

. MW of

Energy harnessable

have (Center

MW

. wind

share

the

17351

% terms the southern,

7 is 3196 .

6 in

in CWET for of projects

(GWEC)

Renewable

India of

year

in and

power undertaking),

addition

Council

New

worldwide concentrated historic

wind of MW approximately India capacity a

is

th

assessment 5 of Energy

capacity

to

788

,

was

the 12 102 -

ever

Ministry Wind installed

ranks

potential

. connected

per

2011 per

about

highest FY grid states Wind Global contributed India As power is Government As

. .

. .

. Wind NATHAN INDIA

on

(As

. India

Pune in

installed

generators

electric

wind

of

data

Group initiative to generate green energy,18.33 MW wind farm has wise

- . Ltd

Kalyani

enjoysmarket leadership edge Indiain with consistenta market leadership for 14

)

Energy

Manufacturer 2010

. : Over 1700 Over customersin India comprisingSMEs, of large corporate houses,PSUs, Utilities IPPsand India Suzlon consecutiveyearswith nearly 43% cumulative market share Cumulative installed base on(as September 2012) ismore than 7500 MW acrossstates8 in The wind The wind farm consists 51 of wind energy generators (WEGs) of 230 kW and 11 WEGs of kW. 600 Thepowergenerated isbeing utilized by Bharat Forge Ltd. at its plant in Under the Under beensetup during the years1998 2001.to Utilities 03

...... 31 Note Suzlone BF

. .

. Wind Wind Power NATHAN INDIA

) Solar

2012

, 15 Small

&

PV

October

on

(as

Rooftop

under

(RPSSGP)

wise - Projects

Power Company

Solar

Programme

commissioned

of Generation

Power Status

. SolarPower NATHAN INDIA

Limited, Limited, which was setting up a 10

Pvt , Maharashtra.

Power

Hingoli Panchjanya Corporation Limited had setup a 20MW diesel based plantpower in a

: Group

Generation

SPCL acquired SPCL 51% stake Sri in biomassMW based powerplant at MIDC Suryachakra Power remotearea near Port Blair, Andaman Islands

. . Power

. Suryachakra NATHAN INDIA

another

setup

has

and

farm

wind

operating

of

MW

52

Power Project,Chhattisgarh

Construction)

Power Plant, Maharashtra

operation

. Hydro Hydro Power Private Limited, Arunachal Pradesh in

acquired Power Plant, Andhra Pradesh Captive Power Plant, Chhattisgarh

(Under Warora

Nadu Mahanandi

Dibbin has plants

plant regency power, Tamil Nadu

Construction

Tami also Wardha

Arasmeta Sitapuram Sai in Power

MW KSK 9 . Power

Under

group 18

120 3600 MW 3600 KSK 86 MW MW 86 540MW MW 135 VS Lignite Power Plant, Rajasthan 58MW 43MW

...... new KSK Hydel Plant Thermal

.

. .

. KSK EnergyKSK Ventures Ltd NATHAN INDIA

, WestBengal

, West,Bengal

Haldia Raghunathpur

Dishergarh

Renewable: 1 x 660 x 1 MW Thermal Power Plant in Madhya Pradesh 2x 660 2xThermal MW Power Plant in Bihar 2x660Thermal Power Plant in Gujarat 3 x 150 x 3 MW Thermal Power Plant in 270 x 2 MW Thermal Power Plant in 60 MW Wind MW 60 Farm in Rajasthan Thermal MW 12 Power Plant in 10.4 MW Wind 10.4 Farm in Karnataka MW Wind 24.8 Farm in Gujarat

completed -

o o o o o . o . . Projects in anvil:Projects in Projects in Progress:Projects in Non Renewable:

. . . . Projects

. conventional as well as renewable energy asrenewableenergy aswellsector. conventional

IPCL embarked upon its journey in year 2003 to develop power projects in projectsthe yearjourneydeveloppower 2003itsinupon to embarked IPCL India Power Corporation Limited(IPCL) NATHAN INDIA

critical Unit - Vishnuprayag power prod - II,400 MW Theexpected date of -

Baspa IIhydropower projects.

– Stage

in Madhyain Pradesh.

Kynshi IIare end April 2013 and end October 2013

- isIndia’slargest Private sectorHydro Nigrie

I and Unit

and 450 MW - Wangtoo

-

. project),expected to commence operationsin 2018, thein state of

Umngot Karcham Super Thermal Power Project comprising 2 660 x MW Super

Hirong Pradesucer Nigrie

Generation

commissioningUnitfor respectively. set up set270 MW Jaypee will be setup by JPVL at a sitein project(the Arunachal JPVL hasalsoentered intoimplementation Agreement with Government of Meghalaya to and 1000 MW and Thecompany isdeveloping 2700 MW hydroelectric project(the Lower Siang project), expected commenceto operationsin 2016 (1500 MW PhaseI) and a 500 MW hydroelectric ThehasGroupmost creditable track recordof implementing Hydropower projectsin the Country. JPVL with its operationalprojects of 300 MW

. . . . Power

. JAYPEEPower Venture Ltd. NATHAN INDIA

Thermal Power Project

project.

Karchana Wangtoo - Power Generation Company Ltd. settingfor up

3 660 x MW

Power Generation Company Ltd. for 5 x 660 MW I : 3x660:I MW) from UP Power Corporation Ltd. on

– Karcham

Sangam

Prayagraj Power Supply Company Limited (BPSCL) with capacitya of 1250

Birla Group.

Bina Limited Limited (JPL), which hasdeveloped 217 a km long powertransmission

Aditya

I : 2x660I: MW) and

Powergrid –

projectto evacuate power from the Thepowertransmitted is meant for distribution and consumptionin the statesof Himachal Pradesh, Haryana, Punjab, Uttar Pradesh and Rajasthan. MW fromMW the Jaypee BOObasis. JPVL hasacquired super criticalsuper technology boiler based (Phase Thermal Bara Power project(Phase Thecompany hasalsoacquired

. . . . Transmission

. JAYPEEPower Venture Ltd. NATHAN INDIA

5000 Plant

across

over

.

Power

has

Projects

it

Cycle

Power

plants, district, Punjab development

and

Hydro Taran

Combined power

-

and

CCPP

based) construction of

operational

of

(coal slew

MW

a

stages

to 900

Thermal CCPP Phase3, East Godavari district, Andhra Pradesh CCPP (Phase:1&2), East Godavari district, Andhra Pradesh

over

itself

Sahib Sahib Thermal Power Project, Tarn

various

CCPP, East Godavari district, Andhra Pradesh CCPP Phase2, GodavariEast district, Andhra Pradesh

development operation based),

under Besides

. Goindwal Gautami Jegurupadu Gautami Jegurupadu

expanded

under under

has

projects

800 MW 800 MW 540 800 MW 800 445 MW 445 MW 469 country

. . . . . Projects Projects MW the (gas/naphtha GVK

. .

. GVK EnergyGVK NATHAN INDIA

district, Punjab

Uttarakhand

Taran Uttarakhand Uttarakhand Hydro Hydro Electric Project,

Hydro Hydro Electric Project,

Bhyol

Sarkari

Hydro Hydro Electric Project,

Bogudiyar

Hydro Hydro Electric Project, Jammu & Kashmir

Ratle Bogudiyar Mapang Shrinagar

146 MW 146 MW 200 2X660MW Coal based Thermal Power Project,Tarn MW 330 MW 850

. . . . . GVK EnergyGVK NATHAN INDIA

63 design

.

, survey

4 ,India - in D

policy

, 110017 1

- 4051

Complex

Delhi

4051

specializes

11 ,Rectangle competition com

New Office .

4

, 91 that +

and :

Delhi Level Commercial Saket T firm

analytics

Floor,

7773

consulting

nathanindia@nathaninc

: India Ground

4293

business

C - mail

44 -

G E

91 Nadu, and

+

: economic

F

; Road,

. Building, an

Tamil

K ,

. Nathan Economic Economic Nathan Consulting India Private Limited is 7700 T

market

.

T

, 4293 Office 600018 45

. - Ponnaiya

India 44

No

91 + research,

:

Chennai New George Chennai T and Nathan Thank you