TN power utility to conduct feasibility study for 2500 MW hydropower projects

Chennai, June 25 : Tamil Nadu Generation and Distribution Company (Tangedco) is conducting a feasibility study on three hydropower projects that will generate 2500 MW of power. The Tangedco has asked a private consultant to conduct a study and prepare an initial report to establish 1000 MW capacity Pumped Storage Hydropower Stations each in Upper Bhavani and Sandy Nalla. The consultant has also provided a project report for a 500 MW hydropower project in Sigur in the Nilgiris. The state power utility will be vetting the proposal submitted by the consultant for the three hydropower projects totalling 2500 MW power and prepare a detailed project report. The DPR will be submitted to the state government for approval. In addition to the three hydropower projects totaling 2500 MW, Tangedco is planning 7500 MW power projects in Nilgiris, Tirunelvelli, Kanniyakumari, Coimbatore, Dindigul, Theni, and Salem districts. In the first phase, the Tangedco will commence work in the Nilgiris while the other districts will be taken up during the second and third phases. However, sources in Tangedco told IANS that the power utility is shifting its focus to renewable and clean sources of energy including wind power and solar power. Tangedco has also come to the assessment that the existing thermal power stations are old and hence will be replaced by renewable and clean energy sources. /IANS


ICRA downgrades ratings of Shapoorji Pallonji
New Delhi, May 5 : ICRA has downgraded the ratings of Shapoorji Pallonji and Company to BBB+ from A- and placed it on rating watch with developing imp

Lufthansa grounds subsidiary s Airbus fleet due to supply challenges
Berlin, May 5 : Global aviation major Lufthansa has said that it has grounded one-third of Swiss' Airbus A220 fleet amid supply-side challenges, which

Indian bourses end on a positive note on Thursday
Chennai, May 4 : The two Indian stock markets - the BSE and the NSE - ended on higher note on Thursday and the trend is expected to continue, experts