30-Dec-2023
Power
43rd Raising Day of NTPC Farakka Super Thermal Power Station
New Delhi : NTPC Celebrates the 43rd Raising Day of Farakka Super Thermal Power Station, NTPC’s first power plant in eastern India. From the foundation laid in 1981 to the transformative stages of construction, we are commemorating a journey of resilience and innovation. : psuconnect.in
Power Grid board approves raising Rs 2,200 crore via bonds
New Delhi : Mahartana power PSU Power Grid Corporation of India (PGCIL) board on Friday approved raising of Rs 2,200 crore through bonds. : psuwatch.com
Hydropower major SJVN secures Rs 10,000 crore loan for renewable projects
New Delhi : Hydropower public sector SJVN has secured Rs 10,000 crore ($1.2 billion) construction finance facility to fund upcoming renewable power projects from domestic and international lenders, its Chairman and Managing Director Nand Lal Sharma said on Friday. : Sarkaritel.com
BSES plans to energise over 1,000 rooftop solar installations in 2024-25
New Delhi : BSES plans to energise over 1,000 rooftop solar installations in 2024-25. : Economic Times
Union minister R K Singh inaugurates new energy research centre at IISc Bengaluru
New Delhi : Union minister R K Singh inaugurates new energy research centre at IISc Bengaluru. : Economic Times
Union minister R K Singh inaugurates Vishram Sadan at NIMHANS in Bengaluru
New Delhi : Union minister R K Singh inaugurates Vishram Sadan at NIMHANS in Bengaluru. : Economic Times
Power Mech Projects bags orders worth Rs 2,192.41 cr
New Delhi : Power Mech Projects has bagged orders worth Rs 2,192.41 crore for revival, operations and maintenance (O&M) services at coal fired power plant and mining of river bed mineral. : Economic Times
Trust investment-led investors put ?975 cr in GI hydro bonds
Mumbai : GI Hydro, a hydro power generating company formerly known as Gati Infrastructure, has raised ?975-crore debt by issuing bonds to investors including alternate investment fund Trust Investment Advisors and global asset manager Allianz Global Investors, people aware of the matter said. : Economic Times
Waaree Energies files DHRP with SEBI. To raise up to ?3000 crore through fresh issue and an OFS up to 32 lakh shares
New Delhi : Waaree Energies Limited, the largest manufacturer of solar PV modules in India with the largest aggregate installed capacity of 12 GW, as of June 30, 2023 has filed its Draft Red Herring Prospectus (DRHP) with market regulator Securities and Exchange Board of India (SEBI). : Mint
SJVN secures Rs 10,000 crore construction finance facility
New Delhi : SJVN Limited on Thursday said that it has secured Rs 10,000 crore construction finance facility to fund its upcoming renewable power projects from a group of leading domestic and international lenders. : psuwatch.com
Lowest Wind Auction Bids in India During 2023
New Delhi : Lowest Wind Auction Bids in India During 2023. : mercomindia.com
SJVN secures Rs. 10,000 Crore Construction Finance Facility from National & International Banks
Shimla : Sh. Nand Lal Sharma Chairman & Managing Director, SJVN informed that SJVN has secured Rs 10,000 Crores (US $ 1.2 Billion) Construction Finance Facility to fund its upcoming renewable power projects from a group of leading domestic & international lenders. : psuconnect.in
Karnataka Plans To Boost Solar Energy In Buildings, Unveils Action Plan
New Delhi : Karnataka Plans To Boost Solar Energy In Buildings, Unveils Action Plan. : saurenergy.com
Waaree Energies files draft IPO papers with SEBI
New Delhi : Waaree Energies files draft IPO papers with SEBI. : Economic Times
Jindal Stainless to generate over 1.9 bn units of clean energy
New Delhi : Jindal Stainless to generate over 1.9 bn units of clean energy. : Economic Times
OPINION: Make solar rooftop great again
New Delhi : OPINION: Make solar rooftop great again. : Economic Times
Torrent Power incorporates wholly-owned subsidiary Torrent Green Hydrogen
New Delhi : Torrent Power on Friday announced the incorporation of its wholly-owned subsidiary Torrent Green Hydrogen Private Limited. : Economic Times
Swan Energy board approves ?4,000-crore fundraise, its second in three months
New Delhi : The board of Swan Energy has approved a proposal to raise up to ?4,000 crore by issuing equity shares or any other eligible securities for public and/or private offerings, according to a regulatory filing on Thursday evening. : Mint
Madhya Pradesh Issues Tenders for 490 MW of Floating Solar Projects
New Delhi : Madhya Pradesh Issues Tenders for 490 MW of Floating Solar Projects. : mercomindia.com
Solar manufacturer Waaree Energies files DRHP for Rs 3,000 cr IPO
New Delhi : Mumbai-based Waaree Energies filed its Draft Red Herring Prospectus (DRHP) with the Securities Exchange Board of India (Sebi) on Friday. It is currently one of the largest solar module manufacturers. : Business Standard
SECI Invites Proposals for Rs.10 Billion Term Loan for 300 MW Solar Project
New Delhi : SECI Invites Proposals for Rs.10 Billion Term Loan for 300 MW Solar Project. : mercomindia.com
Top Wind-Solar Hybrid Tenders in 2023
New Delhi : Top Wind-Solar Hybrid Tenders in 2023. : mercomindia.com
Suzlon Handed Over 100.8 MW Wind Power Project in Karnataka
New Delhi : Suzlon Handed Over 100.8 MW Wind Power Project in Karnataka. : saurenergy.com
Rohit Tikku Takes Charge As The New CEO Of Bluebird Solar
New Delhi : Rohit Tikku Takes Charge As The New CEO Of Bluebird Solar. : saurenergy.com
Gujarat Wind Developers Blame OEMs, Others For Higher Wind Tariff
New Delhi : Gujarat Wind Developers Blame OEMs, Others For Higher Wind Tariff. : saurenergy.com
Adani Wins 7 GW Renewable Energy Transmission Project
New Delhi : Adani Wins 7 GW Renewable Energy Transmission Project. : mercomindia.com
Karnataka Regulator Consones Delay in Solar Project Commissioning
New Delhi : Karnataka Regulator Consones Delay in Solar Project Commissioning. : mercomindia.com
KERC Approves Tariff of Rs.3.57/kWh for Two Delayes Rooftop Solar Projects
New Delhi : KERC Approves Tariff of Rs.3.57/kWh for Two Delayes Rooftop Solar Projects. : mercomindia.com
Sterlite Power Acquires Neemrana II Kotputli Transmission Limited from PFC
New Delhi : Sterlite Power, a leading power transmission developer and solutions provider in India and Brazil, announced the acquisition of Neemrana II Kotputli Transmission Limited, a Special Purpose Vehicle (SPV) from PFC Consulting Limited (PFCCL). : psuconnect.in
Oil and Gas
Rashmi Govil set to be next Director (HR) of Indian Oil
New Delhi : Rashmi Govil is set to be next Director (HR) of Indian Oil Corporation Limited (IOCL), a Maharatna PSU under the Ministry of Petroleum & Natural Gas (MoPNG). She has been recommended for the post by the Public Enterprises Selection Board (PESB) panel on Friday. : psuwatch.com
Pankaj Walia Executive Director (F&A), GAIL superannuates
New Delhi : Shri Pankaj Walia superannuates as the Executive Director (F&A), GAIL. We express our deep gratitude for his dedicated service and compliment his significant contributions during his illustrious career at GAIL. : psuconnect.in
Amazon begins to produce own hydrogen fuel to power vehicles
New Delhi : Amazon has announced plans to produce hydrogen fuel at its fulfillment centres and has partnered with hydrogen company Plug Power to install the first electrolyser (equipment that can split water molecules to produce hydrogen) at a fulfillment centre in the state of Colorado in the US. : Sarkaritel.com
OMCs hike ethanol procurement price by Rs 6.87/litre to boost green fuel production, aim at E20 target by 2025
New Delhi : OMCs hike ethanol procurement price by Rs 6.87/litre to boost green fuel production, aim at E20 target by 2025. : Economic Times
OMCs hike procurement prices for ethanol
New Delhi : India’s state fuel retailers have raised procurement prices for ethanol made from C-heavy molasses by 6.87 rupees per litre to 56.28 rupees per litre, according to industry sources and a document reviewed by Reuters on Friday. : Economic Times
Oil Ministry to save costs on pipelines using Gati Shakti
New Delhi : Oil Ministry to save costs on pipelines using Gati Shakti. : Mint
Petrol, Diesel Fresh Prices Announced For December 29: Check Fuel Rates In Your City
New Delhi : Petrol, and Diesel Prices on December 29: There is a decline in the prices of crude oil in the international market today. At around 6 am on Friday morning, WTI crude remained almost flat and was being sold at $ 72.04 per barrel. : news18.com
2024: Fuel price cut likely early next year, domestic oil & gas output may get a boost
New Delhi : The year 2024 could bring big relief to Indians as fuel retailers may finally slash prices which have been left unchanged since April 2022, industry experts expect. : Moneycontrol.com
Govt likely to cut petrol, diesel prices ahead of LS polls
New Delhi : The government is likely reduce the petrol and diesel prices ahead of the Lok Sabha polls as crude oil prices have also come down in the international market which will enable the oil marketing companies to bear the burden. : Sarkaritel.com
AP Chambers appeals to Andhra Pradesh govt to slash VAT on natural gas
New Delhi : AP Chambers appeals to Andhra Pradesh govt to slash VAT on natural gas. : Economic Times
Oil prices to end year 10% down, traders expect a better 2024
New Delhi : Oil prices to end year 10% down, traders expect a better 2024. : Economic Times
PNGRB sets up high-level committee for oil and gas safety overhaul
New Delhi : PNGRB sets up high-level committee for oil and gas safety overhaul. : Economic Times
PNGRB greenlights bidding process for strategic Jammu-Srinagar gas pipeline
New Delhi : PNGRB greenlights bidding process for strategic Jammu-Srinagar gas pipeline. : Economic Times
India will continue buying Russian oil, says FM Nirmala Sitharaman
New Delhi : The Indian government will continue to make oil purchases from Russia, Finance Minister Nirmala Sitharaman said in an interaction with students on Friday. : Economic Times
Oil marketing firms raise procurement price of ethanol made from C-heavy molasses
New Delhi : Oil marketing companies (OMCs) have increased the procurement price for ethanol made from C-heavy molasses by ?6.87 per litre for the 2023-24 supply season that started in November, marking the highest rise in over five years. : Mint
LPG subsidy down to ?823 crore, Ujjwala Yojana boosted to ?6,110 crore in policy shift
New Delhi : LPG subsidy down to ?823 crore, Ujjwala Yojana boosted to ?6,110 crore in policy shift. : Economic Times
Risk of oil price spike impacting FY25 growth is low: CEA V Anantha Nageswaran
New Delhi : Risk of oil price spike impacting FY25 growth is low: CEA V Anantha Nageswaran. : Economic Times
Major drop in petrol, diesel prices soon? Finance ministry awaits final nod
New Delhi : In a major relief for consumer across the country, Centre is planning to make a heavy price cut in petrol and diesel rates. This move is expected to come ahead of the 2024 Lok Sabha elections, scheduled for April and May next year. : Hindustan Times
