31-Jan-2024
Power
” New Delhi : NTPC Limited, India’s largest integrated power utility, today signed a non-binding MoU with Numaligarh Refinery Limited (NRL), a subsidiary of Oil India Ltd engaged in the business of Refining and Marketing of petroleum products, for partnership opportunities in the proposed bamboo-based Bio-Refinery at NTPC Bongaigaon and other Green projects.” : Sarkaritel.com
NTPC inks pact for green hydrogen project in Maharashtra
New Delhi : NTPC Green Energy Limited (NGEL) has signed a Memorandum of Understanding (MoU) with the Maharashtra Government for the development of Green Hydrogen and derivatives (Green Ammonia, Green Methanol) of up to 1 million tonnes capacity per annum, the public sector power giant said on Tuesday. : Sarkaritel.com
NLC India Invites Bids for 393.9 of MW Solar Modules at Solar Park in Gujarat
New Delhi : NLC India Invites Bids for 393.9 of MW Solar Modules at Solar Park in Gujarat. : mercomindia.com
NTPC Renewable Energy Invites Bids for 500 MW of Solar Projects in Rajasthan
New Delhi : NTPC Renewable Energy Invites Bids for 500 MW of Solar Projects in Rajasthan. : mercomindia.com
NTPC Q3 profit grows 7 pc to Rs 5,208.87 crore
New Delhi : NTPC Q3 profit grows 7 pc to Rs 5,208.87 crore. : Economic Times
NTPC Green Energy to invest ?80,000 cr for Maharashtra projects
New Delhi : State-run NTPC Green Energy Ltd. (NGEL) announced on Tuesday that it has signed an agreement with the government of Maharashtra for the development of green hydrogen and its derivatives such as green ammonia and green methanol of up to 1 million tonne capacity per annum. : Mint
NTPC Bongaigaon signs two Agreement with District Administration, Kokrajhar
New Delhi : NTPC Bongaigaon today signed two MoAs with District Administration,Kokrajhar for development of infrastructure at Jawahar Navodaya Vidyalaya, Kokrajhar and installation of Public Gym equipment at Gandhi Park at Kokrajhar under its Corporate Social Responsibility. : psuconnect.in
NTPC Q3 profit grows by 7% to Rs 5,208.87 crore
New Delhi : Maharatna power PSU NTPC Limited on Monday reported over 7 percent rise in consolidated net profit to Rs 5,208.87 crore for the December 2023 quarter, aided by energy sales through trading. : psuwatch.com
Suzlon bags 642 MW wind project from ABC Cleantech
New Delhi : Renewables solutions provider Suzlon Group on Tuesday said it has bagged a 642-MW wind power project from an Evren company, ABC Cleantech Private Limited (ACPL). : psuwatch.com
India Energy Week 2024: A remarkable energy dialogue to commence in Goa
New Delhi : The event is going to be commenced under the domain of the Ministry of Petroleum and Natural Gas, Government of India, with the backing of the Federation of Indian Petroleum Industry. : psuconnect.in
MNRE Adds 64 MW of New Solar Module Capacity to the ALMM
New Delhi : MNRE Adds 64 MW of New Solar Module Capacity to the ALMM. : mercomindia.com
Uttarakhand Floats Empanelment Tender for 250 MW of Solar Projects
New Delhi : Uttarakhand Floats Empanelment Tender for 250 MW of Solar Projects. : mercomindia.com
Power Mech Projects bags orders worth Rs 645 cr
New Delhi : Power Mech Projects bags orders worth Rs 645 cr. : Economic Times
NTPC Green Energy inks MoU with Maharashtra Govt for green hydrogen projects Worth ?80,000 crore
New Delhi : NTPC Green Energy inks MoU with Maharashtra Govt for green hydrogen projects Worth ?80,000 crore. : Economic Times
L&T bags order to set up solar power plant in Dubai
New Delhi : L&T bags order to set up solar power plant in Dubai. : Economic Times
Tata Power proposes tariff revisions in Mumbai with sharpest jump for lower end consumers
New Delhi : Tata Power proposes tariff revisions in Mumbai with sharpest jump for lower end consumers. : Economic Times
Boosting Innovation: The Impact of PLI schemes on Renewable Energy Technologies
New Delhi : Boosting Innovation: The Impact of PLI schemes on Renewable Energy Technologies. : Economic Times
Delhi govt introduces new Solar Policy 2024, electricity bills for consumers with rooftop system to be ‘zero’
New Delhi : Delhi govt introduces new Solar Policy 2024, electricity bills for consumers with rooftop system to be ‘zero’. : Economic Times
Suzlon bags 642 MW wind project from ABC Cleantech
New Delhi : Suzlon bags 642 MW wind project from ABC Cleantech. : Economic Times
Sinnar Thermal to undergo IBC process as NCLAT vacates stay
New Delhi : Former Indiabulls promoter Rajiv Rattan has lost control of Sinnar Thermal Power after the bankruptcy appellate court vacated a stay to initiate corporate insolvency against the company. : Economic Times
Suzlon Wins New WTG Order For 642 MW Power Project From Evren
New Delhi : Suzlon Wins New WTG Order For 642 MW Power Project From Evren. : saurenergy.com
Sterlite Power secures orders worth Rs 1,400 crore in Oct-Dec qtr
New Delhi : Sterlite Power on Tuesday said it has secured new orders worth Rs 1,400 crore during the quarter ended December 2023. : Economic Times
SJVN Green, Coal India, SAEL Win 600 MW GUVNL Solar Project
New Delhi : SJVN Green, Coal India, SAEL Win 600 MW GUVNL Solar Project. : saurenergy.com
Amazon Signs Pact With ENGIE To Procure 473MW RE From Wind Farm
New Delhi : Amazon Signs Pact With ENGIE To Procure 473MW RE From Wind Farm, : saurenergy.com
Solar Auctions Surge 82%, Tender Announcements Up 50% in 2023
New Delhi : Solar Auctions Surge 82%, Tender Announcements Up 50% in 2023. : mercomindia.com
Assam Issues Consultancy Tender for 1,000 MW Solar Project
New Delhi : Assam Issues Consultancy Tender for 1,000 MW Solar Project. : mercomindia.com
GUVNL Floats Tender for 1,125 MW of Solar Projects
New Delhi : GUVNL Floats Tender for 1,125 MW of Solar Projects. : mercomindia.com
Maharashtra Invites Bids to Procure Solar Power Under KUSUM Program
New Delhi : Maharashtra Invites Bids to Procure Solar Power Under KUSUM Program. : mercomindia.com
Projects worth Rs 645 crore bagged by Power Mech via RVNL and Neyveli UP
New Delhi : In a regulatory filing, the company has confirmed that it has received one order worth Rs 381.34 crore which is related to the construction of the Yavatmal-Nanded new broad gauge Line of Central Railway in Maharashtra and another order of Rs 263.57 crore for the comprehensive operation and maintaining of 3×660 MW Ghattampur Thermal Power Project. : psuconnect.in
Oil and Gas
” New Delhi : GAIL (India) Limited reached a significant milestone of connecting 2.5 lakh followers on social media platform LinkedIn through its various Social & Digital communication initiatives.” : Sarkaritel.com
NTPC inks pact for green hydrogen project in Maharashtra
New Delhi : NTPC Green Energy Limited (NGEL) has signed a Memorandum of Understanding (MoU) with the Maharashtra Government for the development of Green Hydrogen and derivatives (Green Ammonia, Green Methanol) of up to 1 million tonnes capacity per annum, the public sector power giant said on Tuesday. : Sarkaritel.com
” New Delhi : NTPC Limited, India’s largest integrated power utility, today signed a non-binding MoU with Numaligarh Refinery Limited (NRL), a subsidiary of Oil India Ltd engaged in the business of Refining and Marketing of petroleum products, for partnership opportunities in the proposed bamboo-based Bio-Refinery at NTPC Bongaigaon and other Green projects.” : Sarkaritel.com
Oil and gas stocks top gainers led by HPCL
New Delhi : Oil and gas stocks are the top gainers in trade on Tuesday with the index climbing more than 2 per cent. HPCL is up 7 per cent, BPCL is up more than 4 per cent, Petronet is up 4 per cent, IOC is up 3 per cent, ONGC is up 2 per cent, GAIL is up 2 per cent. : Sarkaritel.com
Servotech bags INR 120-cr order for 1800 DC fast EV chargers from BPCL
New Delhi : Servotech bags INR 120-cr order for 1800 DC fast EV chargers from BPCL. : Economic Times
Oil and gas stocks top gainers led by HPCL
New Delhi : Oil and gas stocks top gainers led by HPCL. : Economic Times
India on track to export record-low diesel to Europe in Jan as Red Sea risks weigh
New Delhi : India on track to export record-low diesel to Europe in Jan as Red Sea risks weigh. : Economic Times
Indian Oil posts big jump in net profit at Rs 8,063 cr for Q3
New Delhi : Indian Oil Corporation (IOC) on Wednesday announced a massive jump in net profit for the third quarter of FY 2023-24 to Rs 8,063 crore from the corresponding figures of Rs 448 crore in the same quarter of FY 2022-23 on higher refining margins. : dtnext.in
PLNG Q3 results: Net profit marginally increases to Rs 1,190 crore
New Delhi : Petronet LNG Limited on January 29 reported a marginal increase in consolidated net profit to Rs 1,190.67 crore in the third quarter of financial year 2023-24. : Moneycontrol.com
NTPC Green Energy inks MoU with Maharashtra Govt for green hydrogen projects Worth ?80,000 crore
New Delhi : NTPC Green Energy inks MoU with Maharashtra Govt for green hydrogen projects Worth ?80,000 crore. : Economic Times
Indian oil PSUs’ capital expenditure hits ?89,151 crore, eyeing ?1.06 lakh crore FY24 target: PPAC
New Delhi : Indian oil PSUs’ capital expenditure hits ?89,151 crore, eyeing ?1.06 lakh crore FY24 target: PPAC. : Economic Times
Indian Oil posts big jump in net profit at Rs 8,063 cr for Q3
New Delhi : Indian Oil Corporation (IOC) on Wednesday announced a massive jump in net profit for the third quarter of FY 2023-24 to Rs 8,063 crore from the corresponding figures of Rs 448 crore in the same quarter of FY 2022-23 on higher refining margins. : Sarkaritel.com
Petronet LNG Q3FY24 results: Net profit rises 1.2% to Rs 1,191 crore
New Delhi : India’s largest Liquified Natural Gas (LNG) importer, Petronet LNG, registered a marginal 1.2 per cent year-on-year rise in consolidated profit at Rs 1,190.3 crore for the third quarter (October-December) of FY24, up from Rs 1,181 crore in Q3 FY23. : Business Standard
Indian Oil posts big jump in net profit at Rs 8,063 cr for Q3
New Delhi : Indian Oil Corporation (IOC) on Wednesday announced a massive jump in net profit for the third quarter of FY 2023-24 to Rs 8,063 crore from the corresponding figures of Rs 448 crore in the same quarter of FY 2022-23 on higher refining margins. : thehansindia.com
Petronet LNG reports ?1,213 crore net profit in Q3
New Delhi : State-run Petronet LNG on Monday reported a marginal 1.3 per cent year-on-year and 42 per cent quarter-on-quarter growth in its consolidated net profit at ?1,213 crore for the October-December quarter in FY24. The company had reported a consolidated net profit of ?1,197 crore in Q3 FY23 and ?856 crore in Q2 FY24. : Business Line
Petronet LNG’s Q3 net profit jumps 46% to ?1,191 crore, driven by higher throughput and operational efficiency
New Delhi : Petronet LNG’s Q3 net profit jumps 46% to ?1,191 crore, driven by higher throughput and operational efficiency. : Economic Times
GAIL signs LNG import deal with UAE firm
New Delhi : GAIL signs LNG import deal with UAE firm. : Economic Times
Indian Oil unit to raise $100 million loan from DBS in first GIFT deal
New Delhi : An Indian Oil Corp’s unit has signed its first deal in GIFT City, Gandhinagar to raise a $100 million loan from DBS Bank Singapore, the country’s top refiner said in a statement on Tuesday. : Economic Times
BPCL E-drive Project; Awards 1800 DC Fast EV Chargers Order to Servotech
New Delhi : Servotech Power Systems Ltd., a leading EV Charger manufacturer in India, has bagged a major order of 1800 DC Fast EV Chargers from Bharat Petroleum Corporation Limited (BPCL). : psuconnect.in
India sees 2.6% rise in petroleum product consumption, 9.2% growth in ATF usage: PPAC
New Delhi : India sees 2.6% rise in petroleum product consumption, 9.2% growth in ATF usage: PPAC. : Economic Times
GAIL PAT jumps 42% to Rs 6,660 Cr for Nine months ended December 2023
New Delhi : GAIL (India) Ltd reported Revenue from Operations of Rs 98,304 crores for up to Q3 FY24 as compared to Rs 1,11,443 crores in the corresponding period of the financial year 2022-23. : psuconnect.in
WABAG, PEAK sign for 100 bio-CNG plants, eyeing 73 mn kg annual yield
New Delhi : WABAG, PEAK sign for 100 bio-CNG plants, eyeing 73 mn kg annual yield. : Economic Times
BPCL plans ?1.5-1.7-lakh crore capex over next five years
New Delhi : Bharat Petroleum Corporation (BPCL) is planning a capital expenditure of ?1.5-.7-lakh crore over the next five years and is working on an offer document for a rights issue of shares. : Business Line
Deadline to levy additional duty on unblended diesel deferred
New Delhi : The Centre has deferred the deadline to levy an additional ?2 per litre tax on unblended diesel by one more year to April 1, 2025, according to a Central Board of Indirect Taxes and Customs (CBIC) said in a notification. : Economic Times
Public Sector Giant GAIL India signed long term LNG deal with UAE’s ADNOC Gas
New Delhi : The state-owned company has significantly concluded a long-term LNG purchase agreement for the intake of around 0.5 million tonnes per annum [MTPA] LNG from ADNOC Gas. : psuconnect.in
Adani Total Gas Q3FY24 results: Net profit rises 18% to Rs 176.64 crore
New Delhi : Adani Total Gas (ATGL) reported an 18 per cent rise in its consolidated profit for the December 2023 ended quarter (Q3FY24) at Rs 176.64 crore on the back of increased volumes. However, revenue witnessed modest growth owing to lower gas prices, the company said. : Business Standard
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On January 30
New Delhi : Petrol, Diesel Prices Today On January 30, 2024: Every day at 6 am, the prices of petrol and diesel are revealed, regardless of whether they are fluctuating or staying constant. This daily occurrence is a consequence of oil marketing companies (OMCs) adjusting prices in reaction to variations in international crude oil prices and foreign exchange rates. : news18.com
Saudi Aramco halts plan to raise production capacity: statement
Riyadh, Saudi Arabia : Saudi Aramco halts plan to raise production capacity: statement. : Economic Times
Adani Total Gas registers 16% rise in Q3 net profit, CNG volume jumps by 24%
New Delhi : Adani Total Gas registers 16% rise in Q3 net profit, CNG volume jumps by 24%. : Economic Times
Oil prices rise as Middle East concerns fuel supply fears
New Delhi : Oil prices rise as Middle East concerns fuel supply fears. : Economic Times
OPEC Fund sets record with $1.7 billion commitments in 2023 amid global challenges
New Delhi : OPEC Fund sets record with $1.7 billion commitments in 2023 amid global challenges. : Economic Times
OERC to hold power tariff hearing from January 30
New Delhi : OERC to hold power tariff hearing from January 30. : Economic Times
Nebula Energy to buy majority stake in AG&P LNG for $300 mn
New Delhi : Nebula Energy LLC is buying a majority stake in UAE-headquartered Atlantic, Gulf & Pacific (AG&P) LNG for $300 million (about Rs 2,300 crore), which will also give the Florida-based company a foothold in the Indian market. : Economic Times
ET Road Safety & Safer Mobility Forum 2023: Transforming road safety in oil & gas with AI & Tech
New Delhi : Dive into the ET Road Safety & Safer Mobility Forum 2023 where top industry leaders convened to discuss AI-driven solutions and the imperative need for enhanced road safety in the Oil and Gas sector. With an alarming surge in accidents impacting lives, this Forum led the charge in redefining safety benchmarks. : Economic Times
Oil prices extends over 1% drop on China economic headwinds ahead of US Fed verdict; Brent at $81/bbl
New Delhi : Oil prices edged lower on Tuesday, January 30, extending a more than one per cent drop in the previous session on China’s economic outlook, however the losses were kept in check by supply fears driven escalating tensions in the Middle East. : Mint
No immediate impact of US decision to pause LNG export permits: Officials
New Delhi : India will not be immediately affected by the United States’ decision to freeze permits for the export of liquefied natural gas (LNG) to countries with which it doesn’t have a free-trade agreement (FTA), officials said. : Business Standard
NGEL signs MoU with Govt of Maharashtra for development of Green Hydrogen Projects
New Delhi : NTPC Green Energy Limited (NGEL) signed a memorandum of understanding (MoU) with Govt of Maharashtra for development of Green Hydrogen and derivatives (Green Ammonia, Green Methanol) of up to 1 million ton capacity per annum, including Pump Hydro Projects of 2 GW and development of RE projects with or without storage up to 5GW in the state. : psuwatch.com
IEW 2024: Looking forward to win-win collaborations with oil & gas stakeholders, says NRL MD
New Delhi : With India Energy Week (IEW) 2024 less than a week away, energy majors in India are readying to showcase their innovations and initiatives in the sector and their journey towards Net Zero. : psuwatch.com
India Energy Week 2024: A remarkable energy dialogue to commence in Goa
New Delhi : The event is going to be commenced under the domain of the Ministry of Petroleum and Natural Gas, Government of India, with the backing of the Federation of Indian Petroleum Industry. : psuconnect.in
