Saturday, February 21, 2009

Obama's Energy Plan: Paradigm shift towards Renewable and Clean coal..

As part of the overall $789 billion, approximately $50 billion will be set aside for programs focusing on promoting efficient and renewable energy. This follows Obama's announcement on Jan. 26 that his energy plan would invest a total of $150 billion over the next 10 years on a variety of projects, including vehicle efficiency, electrical efficiency, clean-coal power plants, biofuels and domestic oil and gas production.

His 10-year plan makes it clear that his administration will work to reduce greenhouse gas emissions 80 percent from 1990 levels by 2050, and he will start on that path by reviewing a Bush administration decision to deny California its own climate change-focused law. Obama also announced that he would ask the Environmental Protection Agency (EPA) to review California's stringent emission standards, which were struck down by then-EPA chief Stephen Johnson in December 2007.



The first stated goal of Obama's energy plan is to fuel job growth through the "green" sector to the tune of at least 460,000 new jobs over the next three years. The stimulus package, which includes a short-term $50 billion (roughly) in energy projects, currently provides about $14 billion in loans for renewable energy projects, $4.5 billion for "smart grid" electricity updates, $6.4 billion for cleaning up nuclear weapon production sites, $6.3 billion in state-level energy efficiency grants, $5 billion for home weatherization projects and $4.5 billion for making federal buildings more energy efficient. The stimulus also allows for $18.9 billion in "green transportation," essentially improving public transit and building high-speed rail. These expenses represent only the first step in the $150 billion investment over 10 years to secure energy efficiency and energy independence.


The idea behind these projects is to try and push America's construction industry away from traditional home-building and remodeling (in 2008, residential construction fell a record 27.2 percent from the year before) toward a more green approach, which would include installing solar panels and efficient insulation in homes, schools and government buildings. This effort is similar to that undertaken in the 1930s during the Great Depression, when the government employed out-of-work tradesmen, artists and other workers to build public parks, paint murals in post offices and engage in other public works that were intended mainly to keep people busy. The Obama plan is intended to have the added benefit of creating a fundamentally new business sector — a green building industry — while decreasing the country's energy bill and putting people back to work. The government would be providing a stimulus for private business by creating incentives and a consumer demand for energy-efficient features that otherwise would not exist.


The second stated goal of Obama's long-term energy plan is to eliminate the U.S. dependency on Middle Eastern and Venezuelan oil imports by 2019.The United States imported roughly 10 million barrels per day (bpd) of oil in 2007; of this, imports from Saudi Arabia, Libya, Iraq, Kuwait and Venezuela combined to a total of 3.3 million bpd. Removing the need for Middle East and Venezuelan oil would give the United States much greater room for maneuver in both regions.

The 10-year energy plan also contains a climate-change portion. Obama's target (an 80 percent reduction in greenhouse gas emissions from 1990 levels by 2050) is softer than Europe's (80 percent from 1990 levels by 2020), but his 25 percent renewable energy goal surpasses Europe's 20-20-20 plan. The European plan seeks to increase the EU's use of renewable fuels to 20 percent of total energy demand and reduce total EU energy demand by 20 percent, all by 2020. It is by decreasing reliance on non-renewable energy that Obama hopes to wean the United States off of Middle Eastern and Venezuelan oil.


Cap and Trade Program


One of the most ambitious proposals of the Obama energy plan is a national cap and trade program. Under such a program, the government would set emissions standard for various industries, allowing companies that emit less carbon dioxide than their allotment to trade their excess "credits" to those who are emitting above the cap. The initial allotments of carbon credits will incite one of the more contentious domestic debates in the coming years, as will the steepness of the emissions reduction curve. In addition to a national goal of 80 percent by 2050, there are questions about what the goal will be in 2020 or 2035.

Lobbying efforts are already under way regarding cap and trade. American businesses do not want to see states in charge of setting greenhouse gas emissions standards since that would increase the accounting and legal fees companies would have to incur to deal with the system on a state-by-state basis. Instead, they want to see a single national standard.



Establishing a national standard for a cap and trade system would allow utility companies to factor in future costs of emitting greenhouse gases, which currently is an unknown. Utility companies do not know whether it makes sense to build regular coal plants, clean coal plants, solar or wind installations or natural gas production facilities because the rules of the game are not set. Until that happens, energy expansion in the United States will be at a standstill.



However, the U.S. domestic climate-change policy must be negotiated at the global level, particularly with China. Obama, or any subsequent U.S. president, will be hard-pressed to adopt carbon emission rules without first getting some sort of a deal with China that would guarantee that Beijing would also address its own greenhouse emissions. Otherwise, U.S. greenhouse gas-emitting industries (chemicals, petrochemical, paper and pulp, steel, cement, etc.) could bolt for China and the developing world. Therefore, a conversation with Beijing about climate change is high on Obama's list of priorities; his energy envoy, Todd Stern, is accompanying Secretary of State Hillary Clinton on her current trip to East Asia, primarily to discuss some of Obama's energy ideas with the Chinese.


Improving Automobile Mileage


To reduce consumption of imported oil by approximately a third, Obama plans to force implementation of a congressional decision in 2007 to raise federal fuel economy requirements to 35 miles per gallon for cars by 2020, from their current level of 27.5 miles per gallon. (Today, about 60 percent of U.S. oil demand is used to power the American vehicle fleet.) The 2007 congressional decision was never put on a path for implementation by the Bush administration, which Obama will try to reverse by asking the Department of Transportation to come up with a plan by March to implement the mileage standard.


The problem with increasing the mileage of the current fleet (which has essentially averaged, on a fleet-wide basis, slightly above 20 miles per gallon since the early 1980s) is that it would necessitate replacing a substantial number of America's current fleet of over 250 million cars, small trucks and SUVs. In the Energy Independence and Security Act of 2007, Congress allocated $25 billion to "reequipping, expanding, or establishing manufacturing facilities in the United States to produce qualifying advanced technology vehicles or qualifying components." However, all of the $25 billion was subsequently relocated to provide bridge loans to the auto industry as part of their bailout announced on Nov. 20, 2008.


Therefore, it will be up to consumers to replace their old automobiles with hybrid vehicles, and Obama hopes to encourage them to do so by offering $7,000 in tax credits per vehicle for the purchase of an "advanced vehicle" (presumably these would include various types of hybrids) and putting 1 million plug-in hybrid cars on the road by 2015. This tax-credit program would have the U.S. government essentially spending a huge amount of money to buy new cars for people. Currently (figures are from December 2008), U.S. purchases of hybrids average 17,600 per month (down from about 30,000 during the first half of 2008), or approximately 3 percent of total purchases. At that rate, if Obama's $7,000-per-car system were adopted, the U.S. government would have to spend approximately $123 million in tax credits per month, or nearly $1.5 billion a year, just to sustain the current level of hybrid purchases.

Encouraging 'Plug-in' Hybrid Technology


The "plug-in" component of Obama's hybrid-vehicle plan is a direct plug for the domestic manufacturer General Motors Corporation (GM), which has essentially put all of its eggs in one basket with its flagship to-be Chevrolet Volt electric plug-in car. The Volt, which can go 40 miles purely on stored electricity before switching to its onboard gasoline engine, will have a price tag of more than $40,000, which means that even with the $7,000 tax credit for advanced vehicles (which presumably would also go for the cheaper Japanese hybrids), the Volt would cost essentially twice as much as its foreign competition. GM flatly stated in recent congressional hearings that the Volt would not be profitable in its first production run, that total costs of production would be around $750 million and that return on the investment could be expected only after 2016 — a risky strategy for a troubled manufacturer, to say the least.



At the moment, however, there is very little certainty that U.S. consumers would choose a U.S. made plug-in hybrid like the Volt over the (mostly Japanese) competition. Complicating calculations relating to the energy efficiency of the plug-in electric hybrid is the fact that the economics and ecological benefits of these vehicles depend on local electricity costs and the relative "greenness" of the consumer's power source. A traditional gasoline-electric hybrid contributes to less net greenhouse gas emissions than a plug-in hybrid in states that rely on coal for electricity generation. This calculation would change, of course, with changes in the electrical grid (see below).


Investing in Coal


Obama's plan is to "develop and deploy clean coal technology" as part of relying more on domestic energy resources. If there is one non-renewable source of energy that the United States has plenty of it is coal. In 2006, U.S. proven reserves totaled 27.1 percent of total global coal reserves, the highest number in the world. Coal already accounts for roughly 51 percent of U.S. electricity generation (in 2007) and for 22.8 percent of total energy use in the United States.

At the center of the debate over coal in the United States is the question of "clean coal" technology, especially carbon capture and sequestration. As the term implies, this combination of techniques allows for a coal-fired power plant to produce power without spewing carbon dioxide emissions into the atmosphere. Instead, the carbon is captured and sent to deep underground repositories where it is sequestered. The technology could prove to be a panacea (should it ever become cost-effective): The United States has over a quarter of the world's coal; it wants to increase its domestic energy sources; and it needs to reduce carbon-dioxide emissions. The only problem is, while the technology exists, no one has figured out a way to employ it economically.



To retrofit an existing coal plant would cost approximately $1 billion to $2 billion (a 300 megawatt coal plant by itself costs about $1 billion and a 630 megawatt costs around $2.4 billion) and would require a doubling of the actual acreage on which the plant was built. An additional problem is that capture and sequestration would consume 30 percent of the plant output, substantially limiting the total energy output of the plant.



The elephant in the room is the potential cost of a complete overhaul of many of the current coal-burning plants, which would likely be necessary to make them economically viable under a future cap-and-trade system. The price tag for such an overhaul would be monstrous and definitely higher than the $150 billion currently earmarked for the next 10 years for all energy projects. The United States has 1,470 coal-burning plants, and if the cost of retrofitting for subterranean sequestration is factored in, the numbers would be astronomical and could measure in the trillions.


The final problem facing the coal industry is that the authority to regulate the building of new power plants in the United States rests with state governments, not the federal government. Some state governments have come under pressure from environmental groups to delay or cancel the building of coal power plants to avoid exacerbating climate change. In other states, environmental organizations have used lawsuits to tie up proposed coal plants for years. These lawsuits have added to the uncertainty surrounding the economics of building new coal plants. The economic uncertainty, legal uncertainty and litigation have resulted in a situation in which of the 151 coal plants proposed for construction in 2007, 109 were essentially scrapped or tied up in court, with only 28 actually under construction in 2008.

Promoting Ethanol


Encouraging a greater use of ethanol was one of Obama's primary electoral campaign messages, particularly to the corn-producing region in the Midwest where he picked up Iowa — the undisputed corn producing king — by a wide margin (Iowa voted Republican in 2004 and Democratic only by a slim margin in 2000). Derived mainly from corn, ethanol could be produced and mixed with refined petroleum to create enough gasoline to fulfill America's transportation energy needs (which account for 30 percent of total energy usage and over half of oil use in the U.S.). To fulfill Obama's pledge to wean the United States from Middle Eastern and Venezuelan oil, U.S. refineries would probably have to use six times as much ethanol in gasoline than they currently do.



The key problem with such a surge in ethanol use is that it would appreciate food prices. According to calculations by the University of Illinois economics department, with oil prices at $50 per barrel it is profitable to convert corn into ethanol if corn prices are lower than $4 per bushel. Corn prices currently stand at approximately $3.67 per bushel. If oil were to climb above $50 per barrel, it would be more profitable for farmers to sell corn to ethanol refineries than to sell it for food. As oil prices climb, the threshold for corn prices rises as well, giving farmers more incentive to convert corn into fuel and thus raise food prices.


One way to avoid raising food prices would be to produce ethanol from cellulosic material (essentially any sort of non-edible plant material, from grass to corn stalks). The problem with cellulosic material is that it requires expensive enzymes to break down the plant material before it can be refined — a recent study found that this process is competitive only with oil prices above $90 a barrel. The process would also require gathering massive amounts of low-value raw materials — itself a very energy-intensive process because these materials have to be transported from the farm to the refinery. Currently, cellulosic materials like chaff are simply ploughed into the soil as fertilizer, burned or used for animal feed. In order to use it as a main source of ethanol production, the material would have to be shipped to refineries from the farm.


The current collection-transportation networks in the Midwest are calibrated for food distribution, not gasoline delivery. Therefore the first problem is how to get the cellulosic material to the refineries. Chaff and agricultural by-products are usually less dense than corn, so it would take more trips to the local refinery to make it worthwhile, increasing transportation costs. Farms would either have to ship their agricultural waste for refinement to a centralized collection point (most likely right next to the grain elevator) or run rudimentary refineries right on their farms.

Either way, once the refining process is complete, the ethanol would have to be shipped to consumers around the country (most of who are on the coasts, far from the Midwest). There is no pipeline network ready to take the fuel-ready ethanol from refineries to the coasts, and such a network (one akin to the natural gas pipeline network in Europe may have to be developed) would be an extremely expensive project. Therefore, a switch to ethanol could work for the Midwest, leading to a bifurcated system where the coasts still use petroleum for transportation while the agricultural producing regions rely on ethanol.

The Alaska Natural Gas Pipeline


To boost domestic production of energy, Obama's plan would "prioritize the construction of the Alaska Natural Gas Pipeline," which would tap natural gas deposits in Prudhoe Bay on the banks of the Arctic Ocean. To get the pipeline to reach the U.S. lower 48 it would have to cross more than 1,500 miles, including the imposing Alaskan Brooks Mountain Range. The project is not new. It was proposed in the late 1960s, when the deposits were discovered, and became a popular idea during the oil shocks of the early 1970s. Today there are three competing pipeline projects being considered: ExxonMobil's Mackenzie Valley ($16.3 billion), the TransCanada project ($26 billion) and BP-ConocoPhillips' Denali project (somewhere between $30 billion and $40 billion). All three projects are financially daunting, comparable to the Soviet-style infrastructural development that aims to connect Russian natural gas fields on the Yamal Peninsula with consumers in Europe. As a point of comparison, the Yamal-Europe pipeline that ships natural gas from Russia to Germany via Poland and Belarus traverses over 4,000 miles of flat terrain and cost roughly $45 billion. As such, it is actually cheaper per mile of pipeline than either the TransCanada project or BP-ConocoPhillips's Denali project.



'Use it or Lose it' Lease Strategy


A U.S. congressional report, supported by Democrats on the House Natural Resources Committee, has highlighted 68 million acres "of leased but currently inactive federal land and waters" that could produce "an additional 4.8 million bpd of oil." Intrinsically, this production would decrease U.S. imports by 75 percent and eliminate the need for Middle Eastern and Venezuelan imports. The Obama energy plan would seek to boost domestic oil production by tapping this supposed wealth of untapped domestic wells that energy firms hold leases on but choose not to produce from.



The problem with this plan is that U.S. energy firms hold leases on potential wells and deposits that often require a long period of time to survey. Some underwater deposits are unable to be exploited, at least until technology is improved (which generally takes years and sometimes decades). By forcing energy companies to "use it or lose it," the government will discourage careful surveying and most likely run off the energy firms from the deposits by attempting to force them to develop currently uneconomical fields. Unless the U.S. government develops a state-owned energy company willing to tap and produce from fields for a loss, there is no point in taking leases away from energy firms.


The 'Smart Grid'


Ultimately the most significant change to America's energy usage and efficiency may be the retooling of the entire electricity grid and transforming it into a so-called "smart grid." This is essentially an amalgamation of modern technologies in the distribution and supply of electricity. It uses digital technology (such as digital electricity readers, which would replace manual readers) to coordinate supply and demand of electricity across the nation. It combines more efficient distribution of electricity to consumers with advanced long-distance transmission lines that would be able to take alternative energy sources (such as wind power) to electricity markets far away.



As such, a smart grid would introduce two-way communication between energy suppliers and consumers, allowing utilities to direct power more efficiently away from low-energy users to high-energy users depending on the time of day or need. It would also give consumers more room to create their own usage preferences by actually programming how (and when) their appliances use energy. The smart grid would also regulate electricity use of homes and businesses by being able to turn off appliances that are not being used during peak times.



The concept is simple enough and would update America's electricity infrastructure (currently running on technology not much different from its nascent stages in the 19th century) to a modern digital consumer/provider system. However, such a national grid would necessitate replacing all of America's electricity meters, as well as all transmission lines and all transformer stations, a project with a likely price tag of somewhere near $200 billion. The current stimulus package, however, commits only $4.5 billion to a smart-grid upgrading of some 3,000 miles of transmission lines and equipping about 40 million homes with "smart meters." This funding will not be enough to begin a serious overhaul of America's electricity transmission network. It is more an attempt to kick-start industry and private businesses and move them toward an eventual retooling.

Thursday, February 19, 2009

CTL plan of India in doldrums: needs a fresh outlook..

The coal ministry is allocating one of the three coal blocks ( Sri rampur, palasbani, ramchandi coal blocks) in Talcher Coalfield in Orissa for liquefaction. With a coal reserve of 1 to 1.5 billion tonnes in each block, and about 30 million tonnes of coal available every year, each block could produce about one million tonne of oil. The expected investment for a 3.5 million tonne oil and oil products project is expected to be around 6 to 8 billion US dollars.

CTL (Coal to Liquid) is energy intensive and given current concerns with green house gas emissions, the carbon foot print of the CTL option per unit of final energy service delivered is an important element for evaluating technology alternatives. Water requirement is also an important consideration in the choice of technology given the severe water stress in the coal bearing areas.

There had been lots of hue and cry for the said project. Questions were arised on the viability of the project in terms of technology , operations and finances. As oil prices are hovering around $35 per barrel, experts feel that the project may not get the requisite support from the govt as the project is only viable if the oil price remains above $80 per barrel.

Out of 22 bidders for the project, the IMG ( Inter Ministerial group) short listed 2 bidders (Jindal Steel and Power Ltd (JSPL) and Strategic Energy Technology Systems (a joint venture between Tata Sons and South African energy company Sasol) on the basis of criteria specified ( RS 4000crore of minimum net worth with viable technology ).

The finance ministry in its recommendation said that the developer must be selected on the basis of profit sharing and not on the basis of royalty amount. This created an unnecessary delay as the coal ministry did not get finance ministry’s nod.

And now in a recent development, law ministry has suggested the government to invite fresh bids from companies interested in coal-to-oil projects if it is interested in profit-sharing. This has halted the coal ministry’s bid finalisation process for country’s first coal-to liquid project.

The ministry has advised that a fresh application for allotment of coal blocks for the project should be invited with the profit sharing clause, otherwise the other bidders may go to the court over the issue of profit sharing clause.

The government is very ambitious about the project but the selection procedure as well as the criteria for bidding remains the big hurdle. After questions raised by the finance ministry and now law ministry , govt may take extra time to finalise the process. The market scenario is also not helping the government as people feel that at this point of time the CTL will not be a good option for the government.

Amidst all the problems, for India’s energy security CTL will remain one of the options for a long term perspective. Lets hope India overcomes all the problems and the CTL project kicks of at a near future.

Wednesday, February 18, 2009

Financial tsunami!! Time to come back home...

The whole world is suffering from the financial tsunami. Big names/corporates were first to fall and the induction effect still continuing. Despite several measures by the state govts world wide, there is no sign for a quick removal.Demands falter as people are skeptical of the future and the less spending on items with job losses world wide triggers a severe meltdown. Slowly and steadily, the effect is everywhere.

With the ILO predicting as many as 50 million jobs will be lost in the developing world and the world bank projecting zero growth in per capita income in Africa, the livelihoods of as many as four billion people are at stake.Already there have been dramatic withdrawals of capital from emerging markets and a drying up of credit including trade finances.Remittances are declining as immigrants returning home.

What it implies for India? Indian techies are loosing their jobs worldwide, more vulnerable are those who are working with MNCs and residing overseas.U.S. President Barack Obama recently signed into law a $787-billion US stimulus package to help lift the country's economy out of recession but with a word of cautious.It will directly impact to H1B visa holders as the companies receiving this fund will refrain from hiring outside workers.

Don't you think this is the clear sign of protectionism. Remember this is the same USA propagating the free trade concept and advocating open market, even labour reforms in WTO. What is happening right now? It is forced to take such measures so as to protect its own job.

People in MNCs are forced to quit company as projects dried up.Once the lucrative market is now shivering under tremendous pressure.Bad news are breaking news today as there is some kind of news of job loss or people coming from overseas after loosing jobs.This is bad bad news for India.

But then the time has come to reinvent ourselves , to think and to develop a future vision. India is growing, no doubt today we are the second largest economy and less affected by this financial crisis.There is anoromous scope to grow here in India.

It is time NRIs give this a first thought and should come back home without any further delay.India needs best brains. We have all the resources with us and also the will power to grow.

Though we are hit hard by the financial crisis but this is the right time to wake up and take the country to the top. we do not need external help for this. We have the inherent strength within us to reach the zenith.We have the technology,experts, raw materials, education etc.

In my opinion, this is the right time to come back home and to serve our own country. It is better to live in a dignified way rather to be kicked away from a foreign country. Though I know, India do not have the luxury as the western countries do but this is not in our culture to find faults in our mothers.

We have to stand by our own and not by any outsiders help.
Wake up Indians..come back home.

Tuesday, February 17, 2009

UMPP for Hydro Projects: Demands for advance premium by states a major hurdle

Govt of India , in its effort to ramp up hydro power capacity of the country mulls the idea to develop UMPP ( Ultra Mega Power Plants) in hydro projects. India is currently developing coal based UMPP and already 4 UMPPs have been awarded.

In UMPP, SPVs ( Special Purpose Vehicles) are created for particular UMPP where the SPV facilitates in aquiring all kind of clearances and the SPV is transferred to the successful bidder at a later stage.

But in case of hydro projects which are extremely site-specific and are not as modular as thermal projects, a huge amount of preparation is required. The detailed project reports need to be prepared upfront.The states have not come up with the DPR at the time of awarding the hydropower projects.

With the share of hydropower falling from 40% to 25% in the past 20 years, the government is worried, as the sector accounts for only 32,000MW of the country’s 147,000MW power generating capacity.

In an attempt to create large hydropower capacities and attract investment in the sector, the power ministry had written to Uttarakhand, Himachal Pradesh and Arunachal Pradesh, asking them to identify and allocate projects with a potential of at least 500MW, to be awarded through the UMPP model. State govt are skeptical about the huge hydro power projects as these projects cause environmental problems as well as severe R&R issues. State govt are demanding an upfront fee from the developers which does not augur well with the project developers and sometimes they back out of the projects.

Last year, state-owned NTPC Ltd’s refusal to pay an advance amount led to the cancellation of a contract to develop two hydropower projects in Arunachal Pradesh at an estimated cost of Rs22,500 crore. The state wanted NTPC to pay Rs5 lakh per MW as upfront payment for the projects at Etalin (4,000MW) and Attunli (500MW).

Arunachal Pradesh government charges an upfront premium of Rs1 lakh to Rs6 lakh per MW, depending upon the size of the project. The north-eastern state is at the centre of the controversy because it has the highest potential for hydropower in India. The potential of hydropower of all the north-eastern states and Bhutan is about 58,000MW. Of this, Arunachal Pradesh alone accounts for 50,328MW. In northern India, Himachal Pradesh has a potential of producing 20,376MW from hydropower plants and Uttarakhand, 16,500MW.

The upfront premium is the bone of contention in case of the proposed hydro UMPP. On one side, govt fears to identify and declare a site for the project as it may backlash with the people rejecting the idea and in an election year the govt do not want to take any risks.

And in the other side, the upfront advance premium demanded by the govt do not seem to hold water with the project developers as they are skeptical of the project coming up. These hurdles do need some serious thought and should be resolved in an amicable manner so as to develop India as a power hub.

Government increases budget outlay for power sector in 2009-10 by over 43 per cent to Rs 521.26 billion - Additional funds to tap clean energy


  • The government has increased the budget outlay for the power sector in 2009-10 by over 43 per cent to Rs 52,126.27 crore that may help tap electricity from clean sources. If we want to develop cleaner sources of power, we would require budgetary support for that. This additional budgetary support would help. We would look forward to efficiency in generation and demand side management,'' former Power Secretary Mr Anil Raz dan said.

  • Compared to Rs 36,307.47 crore plan outlay for the Power Ministry for this financial year, the government has made a provision of Rs 52,126.27 crore for 2009-10 in the interim budget tabled in Lok Sabha on Friday by Finance Minister, Mr Pranab Mukherjee. The additional budgetary support is likely to give boost to companies such as Power Finance Corp and Rural Electrification Corp, engaged in financing power projects.

  • “This additional support would help the generating companies like NTPC, NHPC and others, if this (additional support) is made available to more projects, it would bring more opportunities for us,'' PFC CMD, Mr Satnam Singh said. “This would not really impact NTPC as we are not dependent on government support, but it would give boost to other generating companies in the power sector,'' a senior NTPC official said.



Is it sufficient??

No doubt , the govt has increased the budgetary allocation but this is too little.A gigantic target , to add nearly 8000MW in 11th plan seems nearly impossible , taking previous targeted addition.

And in recent financial crunch where projects are not getting money from lenders, govt should have gone out of the way to support infrastructure in a huge manner and particularly for power sector. It missed a golden chance to build up infrastructure as well as creating additional jobs out of it.

Monday, February 16, 2009

Interim budget of UPA: a sort of election speech ..and a complete disappointment


Quote..concluding remarks by Mr Mukherjee:

For all this and more, I would like to express my deep gratitude to UPA partners and supporters who walked the extra mile with us in this journey.

Mr. Speaker, Sir, our people will soon be called upon to exercise their democratic right to choose the next Government. The Indian people have repeatedly shown that they can be relied upon to make sound decisions to secure the nation’s future. They have seen how the ‘Aam Aadmi’ has become the focus of the development process. They have also seen how our Government has successfully steered the country through difficult times. They have experienced the joy of being citizens of a proud nation moving ahead with confidence. I have no doubt that when the time comes, our people will recognize the hand that made it all possible. The hand that alone can help our nation on the road to peace and prosperity.

My Reaction:

Wow! Mr Finance Minister, rightly said by the communists and the BJP...this is the election speech in the midst of parliament.

Could you find the reference of hand ( twice in red colour highlighted )..the symbol of INC. This can only happen in India. When the market, common man, the unemployed and the whole nation at large were looking upto the FM for presenting a budget which can wither away some of their worries by infusing some of hope..the budget was a complete disaster.

We were expecting some funds infusion or any package for the ailing industry but nothing like that happens. The present regime is having a huge liability as well the deficit is rising. No doubt, the next government will bear the burnt of such huge liability and it would be impossible for the next government to strike a balance. The collection of tax which is going southwords is also a major cause of concern.




Friday, February 13, 2009

Khakis will be khakis..can never be made pinks..

Qouting Mrinal Pandey:

Khaki made to turn pink

Mrinal Pande - Wednesday, February 11, 2009 10:36 AM

What all Renuka's rantings about Pub Bharo , could not achieve , a bunch of feisty young women journos with a healthy sense of humour have managed , by sending out a call via Facebook , for bombarding the violent armies of Ram Sainiks with pink Chaddis on Valentine's Day . These young women and their supporters are the true practitioners of Gandhigiri in our times . By a totally non violent but well timed comic gesture , they have reminded the public at once of the Khaki that lies beneath the saffron , and the ultra Right's ridiculous intolerance of women's assertion of their equality.

The women succeded for the same reason that Renuka failed . Their ire against the fascist activists of Mangalore was rooted in a democratic dislike for an attempt at curbing the basic liberties of citizens of all kinds , whereas Renuka wished to score debating points with a larger than life drama and in the process earn political Brownie points for her party . Her demand for storming pubs to protest against Sene's stand was as impractical , unGandhian and open to legitimate criticism as Advani's earlier demand for death penalty for rapists . Neither suggestion was practical , or addressed the root of the problem . Both tried to cash in on the public disgust for the act quickly and in doing so politicised the main issue and wiped off the human aspect of the crime .

So my congratulations to the young , who are shrewder , more compassionate and much better strategists than the senior political leaders .

My Reaction:


Dear madam, Though you have raised a valid point, the gandhian way of protesting by the young intellectual women yield results but the title is offensive to many. What do you mean by " khaki made to turn pink". What is this khaki symbolises. If by khakis , you want to turn your fingers on right wing organisations like RSS, then let me remind you that you are doing a terrible mistake. What is this Rama sene and their way of acting? They got what they want, cheap publicity. It would have been better if we could raise slogans and make people united to punish those guilty persons. No doubt, this is a victory with Chaddis and panties as weapons of destruction but it would have been better if you would have been written it in a different way. Its my sincere request to you to remove that khaki word from your writing.It is offensive to a particular organisation which stand for cultural unity and social upliftment of people.


Thursday, February 12, 2009

India power stations 2009: Imagineering for a "Brave New World"

"When the going is tough, then the tough gets going"...is the concluding remark of Mr Chanda Roy, Director (Operations) NTPC in the eve of inaguration of International O& M Confrence at Le Meridian, New Delhi on February 13, 2009.NTPC is organising IPS-2009 ( Indian Power Stations-2009 ) to commemorate the first unit of commissioning of NTPC Singrauli power station on 13th February, 1982.

NTPC which has installed capacity of 30626MW is the largest power generation company in India. It has nearly 24oooemployees and it plans to be a 75000MW company by 2017.Its plants are highly efficient. Currently it is foraying into hydro, coal mining and renewables. It is by and large a energy integrated company. At the same time, it is having its own problems.

It is struggling with fuel issues ( Coal and Gas availability ).Due to non availability of fuel, generation was starnded which is a big loss to the nation.

Speaking on the occasion, Mr jairam Ramesh very rightly identified 3 criticalpoints .
  1. Environmental issues
  2. Competitive challenges
  3. HR issues
NTPC is 3rd largest polluter in terms of GHG emmission , though it can take credit of being the 2nd lowest emmitter in terms of CO2 intensity (i.e) Co2 generated per MW unit generation. But it will have to face resistance from the global community as well as from our own country. There is also inherent problems of land acquisition and water availabilty. NTPC has recently started installing equipments worth 30 crores to measure CO2 emmission which is unique on its own.NTPC should focus on itigating carbon emmissins

On competitve challenges, the minister of state said that the UMPPs are getting out of the reach of NTPC besides having competitive advantages. This is vary sad. While private companies are quoting at Rs 1.70 for pit head power plants, NTPC quoting Rs 2.24 which is not done. The real competition will arise when in 2011, all the power projects will be awarded on the basis of competitive bidding and at that time it will be do or die like situation for NTPC as it will complete directly with private players. So he warned NTPC to prepare fully for the head on competition and assured that Govt will help it fully in its endevour. NTPC officials are always talking of problems with CVC when it comes to competitive bidding and blame it on the internal structure of the company and the association with BHEL for not quoting a comparable lower tariff.

Last but not the least, he highlighted the HR problems in NTPC and told that the challenge before NTPC is recruit and retain the engineering and management staffs. He even called back the NTPC top guns who shunned NTPC and joined private organisations for sake of money.Private companies are reaping benefit because of NTPC employees working there with their talent and experience.He also expressed concerns over the average age profile of NTPC employees which is around mid 40 level.

Other speakers on the dias did highlight other imporatnt issues but CEA once again reiterated that NTPC should not depend on CIL for its coal supplies. It must import coal or develop captive coal mines within time schedule so as to fulfill its targeted generation.

The CERC norms are getting tougher day by day and its a big challenge to make available the plant for 85%.

While there are challenges all around, NTPC has the strength to tackle it on its own. The aim is big and like Mr Chandan Roy said when the going is tough, the tough gets going...

Lets hope NTPC achieve its target and serve the country with its vision and mission.

Tuesday, February 10, 2009

About the "Pink Chaddi Campaign" and the modern girls..

Not shocking at all...

First it is the slogan from Renuka Chaudhury " Pub Bharo" and now it is sending pack of pink chaddi to Rama Sene outfit to show their anger with Gandhism attitude. Wah Munnabhai..ur formula is rocking...send flowers to wish " get well soon" .

To counter a disturbing trend of right-wing Hindu thugs beating up women going to pubs or wearing clothes they don't approve of, Bangalore-based Alternative Law Forum (ALF) has launched a satirical campaign to support India's "Pubgoing Loose and Forward Women". The Pink Chaddi Campaign asks women to send pink chaddis (underwear) to the ALF to forward to one of the bullying organisations, the Shri Ram Sene, which has threatened to attack couples found celebrating Valentine's Day.

wow..what an idea sirji and the movement catches fire slowly as it is being aired by net and FM radio etc..

So my advanced, modern and pub goers..hats off to you for innovating such a derogatory way to register your protest. It would have been better if you start a campaign to punish the guilty . But no..you want to take them head on..

Interestingly I found a nice reply somewhere against this so called campaign. According to Mr Muthalik girls were raped and molestated in valentines day all over India. Why not these so called pub goer girls offer themselves to be raped in public on the said day to protest against the Rama Sene's comments. Because they are free, advanced and self styled girls..let them do whatever they want to do..

In a recent survey in Mumbai, yougster have the opinion that they do not want kissing in public places as it is offending to the elders and our culture do not allow it all. But this so called groups by their campaign want to show the greatness of Indian women .

These incidents will surely have a greater impact to our nation at large and I wonder where we Indians are heading...Rama Sene ..the next taliban in India or the so called highly educated self styled younsters protesting in such a way...whatever it may be..the goons must be punished by law.

My own thinking is that protest but not in this way..which ultimately shows that our culture is of no value to us..Indians.



Monday, February 09, 2009

The big fight on non issues...

In India , its freedom to all as we Indians ( new generation ) was never a part of the great Indian revolution. What kind of independence we had at that time and what kind of liberty we want now. Its all about money power. It is the difference between the haves and have nots. The haves could go to pub, drink heavily, run down people, always on page 3, medias do glorify and they get free publicity and we the poor people can only analyse and fight among us ( reason unknown and unknowingly red carpet for the hate and quarrel well drawn ).Could you ever think of why we did analyse and shed tears that this is wrong, that is right. Perhaps we have lot of time to spare for such nuisances.I could hardly believe, the other day two of my close friends were literally fired up and almost beat each other ( they are trying to prove the greatness of Amir and Shahrukh khan ). Similar thing happened when a good friend circle of me turned violent on the issue of celebrating valentine day ( though none of them have girl friends and never celebrated the V day ).

This is the curiosity in this generation, they could rake up any issue and involve in exchange of words proving their own point and fight for these page 3 stories and the issues ( sometimes non issues hyped by media). they very well know that fighting each other would not solve their problem.

At last, one thing..

Man are anxious to improve their circumstances, but are unwilling to improve themselves; they therefore remain always bound ............

Sunday, February 08, 2009

The aircraft ride at Meerut..

It was a sort of picnic with joy ride at Meerut as Boss invited us to join him for a ride in microlight ( the aircraft) ..Though it was Sunday, I could not resist the micro light ride. We started at around 11AM and reached at Bhimarao Ambedkar air strip at Meerut around 2 PM ( courtsey the ling journey with a heavy traffic plus an novice driver). The place was fantabulous as a long run way with the 20lacs microlight waiting for us . Mr Thapar..the wing commander briefed us about the danger and the procedure to get in and out of the aircraft. A little indiscipline may end your life as the blades run at a higher rpm. We were the first batch to get to ride. Prayas inagurated being the first one to take the ride.

As i entered into the craft..there was lil bit of nervousness gripping me. Mr Thapar relaxed me by asking me ceratin questions and we started flying within no moments..what an experience...just like playing a toy..One can feel it with the controller. Within no moments we were at a high of around 500 meters. He told me about the control , how to go up and down, tilt to an angle. I requested him for a test drive that is total control at my hand. I took up the challenege and could feel it to my self how it experieced.

marvellous.. cant get words to describe. The scenery was beautiful with mandirs, slums and green lands beneath..Mr Thapur was a guide and described me the total landscape in the sky. The microlight could go up to a speed of 160km per hour but the safe limit is 130km per hour.My flight ended with a high note.

All Inframembers there enjoyed a lot and the lunch was delicious too. While returning back, we were all taken by surprise because of the " why" question from the " Touch me not" guy Satwik. He was the sole entertainer in our cab.Ultimately the journey eneded with me getting down at Noida safely and taking the beautiful expereience with me..

What a nice experience ...I hope people would definitely try to take a ride as the enjoyment is far far higher than the cost they would pay..

Well done Microlight...

Friday, February 06, 2009

Life changes forever..why I am not getting happiness in small things as ever?

One of my Colleague sent me a mail reminding me the good old days....a bunch of smile , a desire to do wonders, a desire to change society, a desire to enjoy life filled up with happiness..

Quote:



Here i am sitting in my office
Thinking hard about life
How it changed from a maverick college life to strict professional life…...

How tiny pocket money changed to huge monthly paychecks
but then why it gives less happiness….


How a few local denim jeans changed to new branded wardrobe
but then why there are less people to use them


How a single plate of samosa changed to a full Pizza or burger
But then why there is less hunger…..


Here i am sitting in my office …
Thinking hard about life
How it changed…..


How a bike always in reserve changed to bike always on
but then why there are less places to go on……


How a small coffee shop changed to cafe coffee day
but then why its feels like shop is far away…..


How a limited prepaid card changed to postpaid package
but then why there are less calls & more messages……


Here i am sitting in my office
Thinking hard about life
How it changed…..

How a general class journey changed to Flight journey
But then why there are less vacations for enjoyment….


How a old assembled desktop changed to new branded laptop
but then why there is less time to put it on……….

How a small bunch of friends changed to office mate
but then why after 8'o Clock it always feel like getting late….

Here i am sitting in my office …
Thinking hard about life
How it changed….. how it changed……..


A beautiful compilation of words which says " aree yaar tu kitna badal gaya hai"..

Is it so? Yes , it is..I do not know how time changes everything. I was very ordinary person looking for happiness here and there. In my Mother's soothing words, father's advices, quarrelling with siblings.

I never got time to do this and no time to ponder these things. Away from home, with a handsome bucks in my wallet, only i can think how to spend this money and find no means to spend it.

Living alone in the metro with a routine 9 to 8 daily life only brings me money and nothing else...I repeat nothing else. I become choosy in almost all things. It seems that I tried to find out a match ( corporate kind ) , a feeling of being one of the corporate world makes me a showy guy who thinks very high ( in terms of money only ) . I find myself devoid of emotions in this highly charged self centered world.

The only thing I have is my bunch of friends with whom I can share my feelings and enjoy the togetherness. I could not imagine life without friends in this metro where there is almost no time to spend.

Very often I thought of leaving all things and return to my basics but the power of money do not let me do that.

I do not know where I am heading ...




Wednesday, February 04, 2009

The pub culture or the goons..who is to be blamed

A little known organisation ( Sri Rama Sene) took all the limelight in print as well as in other media recently due to their malign behavour with the pub going girls. Yesterday, they even issued a threat to all young couples not to indulge in any kind of indecent activities in the coming Valentines day, thus virtually taking all the sheen from Shiv Sena and Bajrang Dal.

Usually people know of Shiv sena and Bajrang Dal for giving such comments and making an issue out of these westernised culture in India.

Sri rama Sene activists stormed into a pub in mangalore and misbehaved even slapped the young drunken girls inside. Some girls complained of molestation by these so called Cultural brigade. It all happened before a full fledged media.

There is still doubt why such an incident took place while the media was covering the total event.Is it only for getting media attention or its all a part of the big plan.It is still to be investigated?? but the incident created a nationwide debate on Pub culture as CMs from different states raised concerns on mushrooming pubs and the denigration of culture it brings with it.

While there is a lot of condemnation from the public to this incident ( the beating of girls) , people are divided between whether to support the pub culture or not. While parents are concerned that the kids are getting trapped with such type of culture, youths in India are in favour of this kind of night out as they are more in favour of getting that extra attention which gives them a self satisfaction and economic freedom.

I was watching a hot debate inNDTV on the issue like NAri Mukti and Nari Shakti other day and the views are completely divided. While some are completely in favour of giving freedoms to women as they think this as a women empowerment and others prefer to take a safe side and said that this kind of culture will not take us in the right direction.

On one side I am completely against the beating of girls which create a fear psychosis among the girls but this is the right time to discuss about the mushrooming of pub culture in India.]

The other day I was discussing with my friend on this particular issues and he said that this is only due to the money power the youth is having today. They dont have other alternatives to invest or do any social work or charity and they want to spend in this way as they want to live their life by day. People keepp throwing parties very often as they have the money to spend and the pubs are made only for them as the crowd there are either blue colour professionals or high earning individuals or the kids of the hi flier of this socity ( money wise).

Though I do not have any respect left for those tie knot over coat dressed guys after Satyam Fiasco one thing is sure the discrimination due to imbalance of earning power creates all the problem.
Blog Widget by LinkWithin