18-Jan-2024
Power
” New Delhi : A Memorandum of Understanding (MoU) has been signed under Corporate Social Responsibility between NHPC and Cheshire Home India, Delhi Unit on 17.01.2024 at Faridabad for providing medical care and nutritional support to the physically and mentally challenged persons residing at Cheshire Home India, Okhla Road, Delhi Unit.” : Sarkaritel.com
REC wins ICAI Award for Excellence in Financial Reporting for FY2022-23
Gurgoan, Haryana : REC Limited, a Maharatna PSU and a leading NBFC, has been awarded ‘Plaque’ under the ‘Financial Services Sector (Other than Banking and Insurance)’ category at the ICAI Awards for Excellence in Financial Reporting for the financial year 2022-23. : psuconnect.in
NHPC Limited signs MoU with Cheshire Home India
New Delhi : NHPC Limited and Cheshire Home India, Delhi unit signed a Memorandum of Agreement today to provide medical care and nutrition assistance to the disabled at Cheshire Home India, Delhi unit under Corporate Social Responsibility. : psuconnect.in
NHPC and Cheshire Home India collaborate to support challenged persons
New Delhi : A memorandum of understanding (MoU) has been signed between NHPC and Cheshire Home India, Delhi Unit on on Wednesday at Faridabad for providing medical care and nutritional support to the physically and mentally challenged persons residing at Cheshire Home India, Okhla Road, Delhi Unit. : psuwatch.com
NHPC OFS: Govt to sell 3.5% stake in NHPC via OFS; floor price set at ?66 per share
New Delhi : The government has proposed a stake of 3.5 per cent in renewable energy major NHPC Ltd through an offer-for-sale (OFS) on January 18 and 19, 2024. : Mint
BHEL gets 2,400 MW greenfield power project from NLC India in Odisha
New Delhi : State-owned BHEL on Wednesday said it has bagged an order to set up a 2,400 MW supercritical thermal power project (STPP) from coal PSU NLC India Ltd. This is the largest power sector order won by the company through competitive bidding, BHEL said in a statement. : Economic Times
NHPC Offer for sale: Govt set to sell up to 3.5% stake
New Delhi : The Government is now set to sell up to 3.5 percent stake of NHPC. The sale will be executed through offer for sale beginning Thursday, January 18. The NHPC offer for sale will close on Friday, January 19. : psuwatch.com
NLCIL pioneers digital logistic management system (dlms) to digitally transform coal dispatch operations at talabira ii & iii ocp
New Delhi : NLC India Limited (NLCIL) is set to implement Digital Logistic Management System (DLMS), marking a significant milestone in its commitment to technological advancement in mining sector. : psuconnect.in
NTPC Bongaigaon today celebrated its 19th Raising Day
New Delhi : NTPC Bongaigaon today celebrated its 19th Raising Day at its plant premises. Shri Karunakar Das, CGM NTPC Bongaigaon hoisted the NTPC flag at administrative building premises followed by NTPC Geet and cutting of cake. : psuconnect.in
BHEL bags EPC order for setting up 2400 MW Supercritical Thermal Power Project in Odisha
New Delhi : Bharat Heavy Electricals Limited (BHEL) has won a prestigious order, under International Competitive Bidding (ICB), for setting up a 3×800 MW pithead, greenfield Thermal Power Project, on Engineering, Procurement and Construction (EPC) basis, at Jharsuguda District in Odisha. : psuconnect.in
BHEL Floats Tender for 5 MW Solar Project in Haridwar
New Delhi : BHEL Floats Tender f.or 5 MW Solar Project in Haridwar : mercomindia.com
India’s path to renewable energy: Balancing growth and coal transition
New Delhi : From G20 to COP28, there were two themes India did not budge from: Increasing its share of renewable power generation for meeting its climate targets, and not phasing down coal production (read thermal power) for fuelling its economic growth. : Business Standard
Power sector has seen transformational changes in last 9 years: R K Singh
New Delhi : Power sector has seen transformational changes in last 9 years: R K Singh. : Economic Times
Adani to invest Rs 12,400 cr in data centre, energy projects in Telangana
New Delhi : Adani to invest Rs 12,400 cr in data centre, energy projects in Telangana. : Economic Times
IREDA, Indian Overseas Bank ink pact to co-finance renewable energy projects
New Delhi : IREDA, Indian Overseas Bank ink pact to co-finance renewable energy projects. : Economic Times
Noida to start Rs 200 crore project to move power lines underground
Noida : Noida to start Rs 200 crore project to move power lines underground. : Economic Times
JSW to invest Rs 9,000 cr for setting up 1500 MW pumped storage project in Telangana
Hyderabad : JSW Neo Energy, a subsidiary of JSW Energy, has announced establishment of a pumped storage project with a generation capacity of 1,500 MW, at an outlay of Rs 9,000 crore in Telangana. : Economic Times
Union Budget 2024: Power and manufacturing sectors set high hopes for reforms and policy extensions
New Delhi : Union Budget 2024: Power and manufacturing sectors set high hopes for reforms and policy extensions. : Economic Times
World’s biggest solar battery becomes operational in South Africa
New Delhi : World’s biggest solar battery becomes operational in South Africa. : Economic Times
Government Mandates Adoption of Solar DC Cable Standards
New Delhi : Government Mandates Adoption of Solar DC Cable Standards. : Economic Times
Budget may announce viability gap funding for offshore wind projects
New Delhi : Budget may announce viability gap funding for offshore wind projects. : Mint
Solar-powered boat to float on Saryu river in Ayodhya
New Delhi : Solar-powered boat to float on Saryu river in Ayodhya. : Economic Times
Coal consumption will rise for next 2 decades at least: Coal Secretary tells investors
New Delhi : Assuring potential bidders of full support from the Central and state governments, Coal Secretary Amrit Lal Meena told commercial coal mine investors on Tuesday during a roadshow in Ranchi that they should invest in the sector as the consumption of coal is only going to rise for the next two decades. : psuwatch.com
Rail Vikas Nigam, Jakson Green From JV to Execute Solar EPC Projects Overseas
New Delhi : Rail Vikas Nigam, Jakson Green From JV to Execute Solar EPC Projects Overseas. : mercomindia.com
Open Access Solar Surge in Chhattisgarh
New Delhi : Open Access Solar Surge in Chhattisgarh. : mercomindia.com
Jakson Green Enters Into Joint Venture With RVNL in Solar Sector
New Delhi : Jakson Green Enters Into Joint Venture With RVNL in Solar Sector. : saurenergy.com
Uttarakhand CM seeks coal block allocation for pit-head thermal power plant
New Delhi : Uttarakhand Chief Minister Pushkar Singh Dhami on Wednesday sought allocation of a coal block with a reserve of about 125 million tonnes to the state to set up a 1,000 MW pit-head thermal power plant. : psuwatch.com
CERC Awards Compensation To Avaada For Increased GST Rates
New Delhi : CERC Awards Compensation To Avaada For Increased GST Rates. : saurenergy.com
Indore Wants To Be India’s First Solar City; To Have 25-30K Rooftops With Solar In Three Months
New Delhi : Indore Wants To Be India’s First Solar City; To Have 25-30K Rooftops With Solar In Three Months. : saurenergy.com
Gensol Secures Rs. .39 Billion Solar EPC Contract from Sarda Energy
New Delhi : Gensol Secures Rs. .39 Billion Solar EPC Contract from Sarda Energy. : mercomindia.com
40,000 MW Pumped Storage Projects (PSPs) at various stages clearance: RK Singh
New Delhi : There is a capacity of 40,000 MW Pumped Storage Projects (PSPs) at various stages of clearance, said RK Singh, Minister for Power and New and Renewable Energy on Tuesday. : psuwatch.com
Oil and Gas
” New Delhi : Indian Oil appointed Mr Alok Sharma to the company’s Board as Director (Research & Development) with effect from 16™ January 2024. He is an IIT-Delhi alumnus with 30+ years in the energy sector, Mr Sharma has been pivotal to alternative energy advancements, and his expertise will further enhance our R&D footprints.” : psuconnect.in
ONGC Videsh raises $420 million from DBS and BoB banks
Mumbai : ONGC Videsh, the overseas exploration arm of Oil and Natural Gas Corporation (ONGC), has raised $420 million from Singapore’s DBS Bank and state-owned Bank of Baroda (BoB) in a deal closed earlier this month, taking advantage of the recent drop in global interest rates. : Economic Times
BPCL Fuels Mumbai’s Mega Link with 13,000 KL Diesel Power
New Delhi : Bharat Petroleum’s I&C BU fueled the Mumbai Trans Harbour Link, connecting South to Navi Mumbai, by supplying over 13,000 KL High-Speed Diesel. : psuconnect.in
Alok Sharma assumes charge as Director (R&D) of Indian Oil
New Delhi : Alok Sharma has joined as Director (Research & Development) at Indian Oil Corporation Limited (IOCL), the company said on Wednesday. Prior to his elevation as Director (R&D), he was serving as Executive Director at Centre for High Technology under the Ministry of Petroleum and Natural Gas (MoPNG). : psuwatch.com
India to keep diversifying oil supply, accelerate energy transition: Hardeep Singh Puri
New Delhi : Supply cuts by OPEC+, costly shipments from some traditional Middle East suppliers and geopolitical tension is driving India, the world’s third biggest oil importer, to diversify its crude sources and accelerate its energy transition, its Oil Minister Hardeep Singh Puri said. : Economic Times
Low prices drive down India’s net oil and gas import bill to $89.9 bn in Apr-Dec
New Delhi : India’s net oil and gas import bill fell a significant 21% year-on-year during April-December of the current fiscal year, with the total dropping to a $89.9 billion, primarily due to lower energy prices. : Mint
12th CGD bid round: PNGRB receives 20 bids from 8 entities for 6 GAs
New Delhi : The Petroleum and Natural Gas Regulatory Board (PNGRB) has received a total of 20 bids from eight entities against six Geographical Areas (GAs) put up on offer under the 12th City Gas Distribution (CGD) bid round. : psuwatch.com
MNRE Notifies New Scheme To Boost Green Ammonia Production In India
New Delhi : MNRE Notifies New Scheme To Boost Green Ammonia Production In India. : saurenergy.com
Fuel price revision: Oil companies may slash petrol, diesel prices by Rs 5-10 in Feb ahead of LS polls
New Delhi : State-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) may slash petrol and diesel prices in February ahead of the Lok Sabha elections. : Business Today
India to keep diversifying oil supply, accelerate energy transition: Oil Minister
New Delhi : India to keep diversifying oil supply, accelerate energy transition: Oil Minister. : Economic Times
Aramco CEO predicts tighter oil markets, sees Red Sea risks
New Delhi : Aramco CEO predicts tighter oil markets, sees Red Sea risks. : Economic Times
Oilmax energy announces $100mn expansion plan, aims to double hydrocarbon reserves and boost daily production
New Delhi : Oilmax energy announces $100mn expansion plan, aims to double hydrocarbon reserves and boost daily production. : Economic Times
Adani says green hydrogen key to net-zero, pitches for vertically integrated projects
New Delhi : Adani says green hydrogen key to net-zero, pitches for vertically integrated projects. : Economic Times
BP names Auchincloss permanent CEO
New Delhi : BP names Auchincloss permanent CEO. : Economic Times
BP to set up new centre at Pune
New Delhi : BP to set up new centre at Pune. : Economic Times
WEF Davos: India to keep diversifying oil supply, accelerate energy transition, says Hardeep Singh Puri
New Delhi : Supply cuts by OPEC , costly shipments from some traditional Middle East suppliers and geopolitical tension is driving India, the world’s third biggest oil importer, to diversify its crude sources and accelerate its energy transition, its Oil Minister Hardeep Singh Puri said. : Mint
OPEC Expects Global Oil Demand to Slow in 2025
New Delhi : The Organization of the Petroleum Exporting Countries expects global oil demand to slow next year, even as it raised its economic forecast as easing inflation spurs global growth. : Mint
Oil drops 1% on sluggish Chinese economic recovery, stronger US dollar; Brent at $77/bbl
New Delhi : Oil fell around one per cent on Wednesday on sluggish economic recovery in China and a strengthening US dollar. : Mint
Analysis: Saudi oil price cut driven by weak market, not policy shift
New Delhi : Analysis: Saudi oil price cut driven by weak market, not policy shift. : Economic Times
Oil prices rise as Middle East tensions rise
New Delhi : Oil prices rise as Middle East tensions rise. : Economic Times
Invitation for Expression of Interest for divestiture of Litro Gas Lanka Ltd (LG L) & Litro Gas Terminal Lanka (Pvt) Ltd (LGTL)
New Delhi : Invitation for Expression of Interest for divestiture of Litro Gas Lanka Ltd (LG L) & Litro Gas Terminal Lanka (Pvt) Ltd (LGTL). : Economic Times
Centre is working on more liberal regime for production and sale of green fuels: V K Singh
New Delhi : Centre is working on more liberal regime for production and sale of green fuels: V K Singh. : Economic Times
Domestic natural gas consumption surges owing to favorable international prices
New Delhi : Domestic natural gas consumption rose 9% in December over last year, aided by softer international prices. : Economic Times
Petrol, Diesel Fresh Prices Announced For January 17: Check Fuel Rates In Your City
New Delhi : Petrol, and Diesel Prices on January 17: There is a slight fluctuation in the prices of crude oil in the international market. At around 6 am on Wednesday morning, WTI crude fell and was being sold at $ 71.91 per barrel. At the same time, Brent crude is trading slightly higher at 78.29 per barrel. : news18.com
Petrol and diesel prices may see hefty cut soon; all you need to know
New Delhi : In a move that could ease the burden on drivers and help tame inflation, state-run oil companies are considering slashing petrol and diesel prices by up to ?10 per litre next month. : Mint
