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TOKYO, Feb 15 (Reuters) - Japan’s Tohoku Electric Power has adequate electricity generation capacity to meet demand, a spokesman said on Monday, after a large earthquake at the weekend knocked out several big fossil-fuelled power stations.
The quake of magnitude 7.3 injured more than 150 causing damage throughout the northern region, including Fukushima, in a further test of a beleaguered electricity grid brought close to blackout last month by cold weather.
“As for today, we have enough supply capacity, but will continue to watch the situation carefully and consider measures to secure stable power supplies if needed,” the spokesman told Reuters by telephone.
The spot price of wholesale electricity on the Texas power grid spiked more than 10,000% on Monday amid a deep freeze across the state and rolling outages among power producers, according to data on the grid operator's website.
European spot electricity prices on Monday fell for the day-ahead as French demand is expected to ease and average temperatures are forecast to rise in France and Germany.
Coal India Ltd (CIL) on Monday said its overall expenditure declined by 3.3 per cent to Rs 54,241 crore in the first nine months of the ongoing fiscal. In a statement, the company also said its composite open cast production increased by 16.1 per cent in the April-December period. CIL s overall expenditure dropped to Rs 54,241 crore, during the referred period, from that of Rs 56,079 crore for the same period year ago, it said. According to the statement, the company clocked 6.3 per cent output growth, 9.1 per cent surge in coal off-take and 17.3 per cent increase in Over Burden Removal (OBR) during the third quarter ended December 2020.
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Argus Media has reported that the construction of a new 400 MW coal-fired power plant in Indonesia s Aceh regency has resumed after being halted early last year because of the COVID-19 pandemic.
The US$600 million project is being developed by a consortium composed of China Datang Overseas Investment, Indonesian state-owned construction firm Pembangunan Perumahan s subsidiary, PP Energy, and power services company, Sumberdaya Sewatama. It is scheduled to be completed in late 2023 and begin commercial operations in 2024. The power plant is expected to consume at least 1.2 million tpy of coal, 90% of which will be sourced from Kalimantan on Indonesian Borneo.
Construction was halted in March 2020 because of the pandemic, with PP Energy submitting a force majeure notification to state-owned transmission and generation firm PLN. The project was originally scheduled for completion in 2021 but has been delayed by land issues and other legal constraints.