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Time of India
22-05-2025
- Business
- Time of India
Sanjay Banga to head Tata Power's renewable verticle, redesignated as President-Renewables, ETHRWorld
Advt Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Download ETHRWorld App Get Realtime updates Save your favourite articles Scan to download App New Delhi, Tata Power on Wednesday redesignated Sanjay Banga , President-Transmission & Distribution as President-Renewables with effect from June 1, following the resignation of Deepesh Nanda from the post. Nanda has submitted his resignation due to personal commitments and will be relieved from his services with effect from the close of business hours on May 31, 2025, a regulatory filing to the filing, pursuant to an internal reorganization Sanjay Banga, President-Transmission & Distribution has been re-designated as President - Renewables and appointed as CEO & Managing Director of Tata Power Renewable Energy Ltd from June 1, heads the Transmission and Distribution Vertical at Tata Power which includes Mumbai, Delhi, Ajmer Distribution and Powerlinks Transmission. Prior to this, he was Chief Executive Officer of Tata Power Delhi Distribution Limited (Tata Power-DDL), a Public Private Partnership (JV) of Tata Power and Government of National Capital Territory of Delhi.A power sector veteran with around three decades of experience in power generation and distribution business, Banga brings with him expertise in the power sector, covering areas of Operational Technologies, Project Management, Utility Business Process Reengineering and Regulatory Environment that are essential for strengthening of electrical utilities to meet reliability and AT&C loss reduction targets under regulatory regime, the filing started his career with National Thermal Power Corporation (NTPC) as an Engineer Trainee and was involved in the Operation & Commissioning of Super Thermal Power Projects (1989 to 1995).Prior to joining Tata Power (DDL), he worked with Reliance Energy (earlier known as BSES Ltd) from 1996 to 2003, where he was associated with the entire spectrum of generation activities covering wide aspects of Operations, Maintenance, Planning, Design and Project Engineering.
Zawya
03-04-2025
- Business
- Zawya
12 firms eye bids for Oman's gas power projects
MUSCAT: Leading international power developers are among a dozen companies that have signaled their interest in competing for contracts to develop one of Oman's biggest gas-based Independent Power Projects (IPPs), comprising twin plants with a combined capacity of 2,400 MW. The list includes global heavyweights such as ACWA Power, Marubeni Corporation, Reliance Power, Sembcorp Utilities, Samsung C&T Corporation, and Sumitomo Corporation. They are among 12 companies that had submitted Statements of Qualifications demonstrating their technical capabilities and financial wherewithal to develop the IPPs on a Build, Own and Operate (BOO) basis, Nama Power and Water Procurement Company (PWP) – the sole procurer of new capacity in Oman – announced on Sunday, March 30, 2025. Sites at Misfah in Bausher Wilayat (Muscat Governorate) and Duqm in Al Wusta Governorate have been identified for the establishment of the two IPPs. Based on advanced thermal Combined Cycle Gas Turbine (CCGT) technology, the two projects will be the first such capacity to be developed in Oman for nearly a decade, when they come into operation during the 2028-29 timeframe. Also in contention for the contracts at this stage of the competitive procurement process are: Korea Western Power Co Ltd, Nebras Power, Al Ghanim International, Etihad Water and Electricity Company, Shenzhen Energy Group, and Al Jomaih Energy & Water Co. Nama PWP officials have stressed that new gas-based capacity is critical to addressing intermittency challenges as Oman presses ahead with its ambitious strategy to deploy renewable resources – chiefly solar and wind – to progressively decarbonize the power generation sector. The new IPPs will also help supplant older generation capacity which is not only less energy efficient, but also slated to fall out of contract in the coming years. Ahmed bin Salim al Abri, Chief Executive Officer of PWP, outlined this imperative in an earlier statement to the Observer: 'This project will enhance grid stability in Oman by integrating advanced thermal power plants, ensuring reliable and sustainable energy through a balanced energy mix. It marks a significant step in the company's ongoing commitment to providing a sustainable energy future for Oman.' In the next stage of the competitive process, a Request for Proposals (RfP) is expected to be issued to the prequalified participants before the end of Q2 2025, with an award likely before the end of this year. The new capacity is scheduled to be operational by Q2 2029 with early power provision by Q2 2028. In parallel with the procurement of these gas-based schemes, Nama PWP has also unveiled plans for the procurement of a major portfolio of solar and wind based IPPs designed to lift the contribution of renewables to around 40 per cent of total generation capacity by around 2030. Investment inflows totalling around $5 billion are anticipated in this sector over this timeframe. 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (
