The Union Cabinet chaired by Prime
Minister Shri Narendra Modi recently granted ex-post facto approval to
the MOU between India and Japan for promoting sustainable, stable and
low-carbon thermal power development in India.
The signing of the MOU will help India
to address issues and barriers in promoting sustainable, stable and
low-carbon thermal power development that have been identified through
the preceding Pre-Primary Study and the on-going cooperation towards
Energy Efficient Renovation & Modernization as well as new power
development, by means of diagnostic activities to support Renovation and
Modernization (R&M) materialization and implementation, knowledge
and technology exchange activities to support Clean Coal Technology
(CCT) for thermal power plants such as Ultra Super Critical (USC) and
other environmental technologies, all of which will be conducive to
overall power development for India as well as to facilitate relevant
policy implementation.
The proposal includes undertaking of activities like:
a. Update on the current and future
policy trend in Indian power sector with wide coverage from R&M and
Life Extension(LE) to new power development in India and consideration
of the identified barriers to find out those which could be addressed
through mutual collaboration by the Central Electricity Authority(CEA)
and Japan Coal Energy Centre(JCOAL).
b. Identification of issues to be
addressed regarding both existing and upcoming facilities, and also
operation and maintenance at either of them.
c. Implementation of full-fledged
diagnosis and/or other available and effective measures including
Residual Life Assessment (RLA) and Conditional Assessment (CA) study
with priorities on, but not limited to the target power stations under
the Pre-Primary Study and the Cooperation.The number of target power
station(s)/unit(s) will be decided through mutual consultation by CEA
and JCOAL.
d. Consideration of justifiability and
feasibility of individual cases of power development based on thermal
power generation technologies in terms of funding from the existing
financial instruments and/or other available bilateral financial
schemes.
e. Consideration of possibilities for
acquisition of carbon credits with bilateral/multilateral offset schemes
that are anticipated to be materialized in the future upon
consideration of financial side of individual cases of power
development.
f. Implementation of an annual workshop
in India and CCT Transfer Programme in Japan for bilateral knowledge and
technology exchanges.
g. Hold an annual joint meeting attended
by representatives of the Parties to discuss issues that have arisen or
may arise in the course of implementation of the Project, in order to
enhance the effect of the Project. Any relevant party/stakeholder may
also attend the meeting as special invitees as agreed on by the Parties.
source: http://www.eqmagpro.com
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