02-Feb-2024
Power
” Mumbai : Prime Minister Narendra Modi will dedicate to the Nation NTPC Darlipali Super Thermal Power Station (2×800 MW), NSPCL Rourkela PP-II Expansion Project (1×250 MW) and lay the foundation stone of NTPC Talcher Thermal Power Project, Stage-III (2×660 MW) with a total investment of Rs 28,978 Crore during a programme at Sambalpur on 3rd February, 2024.” : Sarkaritel.com
REC’s CSR arm signs agreement with Sri Sathya Sai Health and Education Trust
New Delhi : REC Foundation, the CSR wing of REC Ltd., signed a Memorandum of Agreement (MoA) with the Sri Sathya Sai Health and Education Trust to assist worth Rs 15 crore earlier today. : psuconnect.in
” Mumbai : Hon’ble Prime Minister Shri Narendra Modi will dedicate to the Nation NTPC Darlipali Super Thermal Power Station (2×800 MW), NSPCL Rourkela PP-II Expansion Project (1×250 MW) and lay the foundation stone of NTPC Talcher Thermal Power Project, Stage-III (2×660 MW) with a total investment of Rs 28,978 Crore during a programme at Sambalpur on 3rd February, 2024.” : psuconnect.in
NHPC Invites Bid for 1200 MW Wind Plant in Central, South India
New Delhi : NHPC Invites Bid for 1200 MW Wind Plant in Central, South India. : saurenergy.com
NTPC likely to bid for KSK Mahanadi thermal power project
New Delhi : The public sector unit NTPC has envisaged to bid for the stressed 1,800 MW KSK Mahanadi thermal power project in Chattisgarh which is currently undergoing a corporate insolvency resolution process at the National Company Law Tribunal [NCLT]. : psuconnect.in
PM to launch NTPC’s power projects worth Rs 28,978 crore on Feb 3
New Delhi : Prime Minister Narendra Modi will dedicate to the nation NTPC Darlipali Super Thermal Power Station (2×800 MW), NSPCL Rourkela PP-II Expansion Project (1×250 MW) and lay the foundation stone of NTPC Talcher Thermal Power Project, Stage-III (2×660 MW) with a total investment of Rs 28,978 crore during a programme at Sambalpur on February 3. : psuwatch.com
Centre to boost EV infra, new bio-manufacturing scheme in the offing: FM
New Delhi : As Elon Musk looks all set to enter the burgeoning Indian electric vehicle (EV) market with his Tesla vehicles this year, the government on Thursday said it will expand and strengthen the EV ecosystem by supporting the manufacturing and charging infrastructure. : Sarkaritel.com
Investment by public sector power companies to rise nearly 14 pc to Rs 67,286 crore in FY25
New Delhi : The government has proposed increasing the investment of eight state-owned power companies by nearly 14 per cent to Rs 67,286.01 crore during financial year 2024-25. : Economic Times
Investment by public sector power companies to rise nearly 14 pc to Rs 67,286 crore in FY25
New Delhi : The government has proposed increasing the investment of eight state-owned power companies by nearly 14 per cent to Rs 67,286.01 crore during financial year 2024-25. : Economic Times
Budget 2024: Rooftop solar scheme to provide 300 units of free power per month
New Delhi : Beneficiaries of the government’s proposed rooftop solar scheme– Pradhanmantri Suryodaya Yojana – will get free electricity of up to 300 units per month, finance minister Nirmala Sitharaman announced on Wednesday. : Mint
FM talks up green energy, proposes rooftop solar power for 10 mn homes
New Delhi : As many as 10 million homes in the country will get rooftop solar power for free electricity, said Finance Minister Nirmala Sitharaman in her Interim Budget speech on Thursday, taking forward the theme of taking green energy to consumers. : Business Standard
Coal gasification, liquefaction of 100 MT capacity to be set up by 2030: FM
New Delhi : Coal gasification and liquefaction of 100 metric tonne will be set up by 2030, Finance Minister Nirmala Sitharaman said on Thursday while presenting the interim Budget for 2024-25. : psuwatch.com
EIL & HRRL Power Up: Rajasthan Refinery Takes Major Step with 220 kV Switchyard Commissioning
New Delhi : The leading Engineering Consultancy and EPC company, Engineers India Limited along with HPCL Rajasthan Refinery Ltd. (HRRL) achieved a major milestone in the Rajasthan Refinery Project with the successful commissioning of the 220 kV switchyard. : psuconnect.in
BUDGET: Solar Industry Wants Funds For RTS, Lower GST On Equipment
New Delhi : BUDGET: Solar Industry Wants Funds For RTS, Lower GST On Equipment. : saurenergy.com
UREDA Invites Bids for 250 MW Solar Power Projects in Uttarakhand
New Delhi : UREDA Invites Bids for 250 MW Solar Power Projects in Uttarakhand. : saurenergy.com
Month in a Minute: Top Headlines from Indian Renewable Sector in January 2024
New Delhi : Month in a Minute: Top Headlines from Indian Renewable Sector in January 2024. : mercomindia.com
THDC Issues Consultancy Tender for 100 MW Floating Solar Park in Karnataka
New Delhi : THDC Issues Consultancy Tender for 100 MW Floating Solar Park in Karnataka. : mercomindia.com
Govt to focus on popularising rooftop solarisation, free electricity: Sitharaman
New Delhi : Finance Minister Nirmala Sitharaman on Thursday said that in an attempt to turn households into power generating units, the central government will focus on popularising rooftop solarisation and free electricity. : Sarkaritel.com
Rooftop solarisation figures in green package of Interim Budget
New Delhi : Finance Minister Nirmala Sitharaman on Thursday announced a slew of measures including rooftop solarisation for the promotion of green growth and renewable energy. : Sarkaritel.com
Interim Budget: Space to get more, atomic power less
New Delhi : Out of the two strategic sectors – space and atomic power, a higher budgetary allocation has been proposed for one and lower for the other, as compared to previous year, in the Interim Budget presented by Finance Minister Nirmala Sitharaman on Thursday. : Sarkaritel.com
Adani Enterprises Q3 profit jumps twofold to Rs 1,888 cr
New Delhi : Adani Enterprises Q3 profit jumps twofold to Rs 1,888 cr. : Economic Times
Budget 2024: Free electricity for 1 crore households through rooftop solar
New Delhi : Budget 2024: Free electricity for 1 crore households through rooftop solar. : Economic Times
Tata Power-DDL, ASCI partner for skill training in power, renewable energy sectors
New Delhi : Tata Power-DDL, ASCI partner for skill training in power, renewable energy sectors. : Economic Times
Coal sector expands with two new mines; total count rises to 53
New Delhi : Coal sector expands with two new mines; total count rises to 53. : Economic Times
India’s power consumption rises nearly 6% to 133.83 billion units in Jan
New Delhi : India’s power consumption grew nearly six per cent to 133.83 Billion Units (BU) in January 2024 as compared to the year-ago period, according to government data. In January 2023, power consumption stood at 126.30 BU, higher than 111.80 BU recorded in the same month a year ago, the data showed. : Economic Times
India’s power consumption rises nearly 6% to 133.83 billion units in Jan
New Delhi : India’s power consumption grew nearly six per cent to 133.83 Billion Units (BU) in January 2024 as compared to the year-ago period, according to government data. In January 2023, power consumption stood at 126.30 BU, higher than 111.80 BU recorded in the same month a year ago, the data showed. : Economic Times
PM Modi to inaugurate power projects worth Rs 28,978 crore on Feb 3
New Delhi : Prime Minister Narendra Modi will inaugurate NTPC Ltd’s Darlipali thermal power plant of 1,600 MW, Rourkela PP-II expansion project of 250 MW and lay the foundation stone for Talcher 2×660 MW in Odisha that have a total investment of Rs 28,978 crore on February 3. : Economic Times
PM Modi to inaugurate power projects worth Rs 28,978 crore on Feb 3
New Delhi : Prime Minister Narendra Modi will inaugurate NTPC Ltd’s Darlipali thermal power plant of 1,600 MW, Rourkela PP-II expansion project of 250 MW and lay the foundation stone for Talcher 2×660 MW in Odisha that have a total investment of Rs 28,978 crore on February 3. : Economic Times
Renewable energy takes center stage in India’s 2024-25 Budget for net-zero future
New Delhi : Renewable energy takes center stage in India’s 2024-25 Budget for net-zero future. : Economic Times
Coal powers 3.8% growth in India’s eight core industries, crude oil slips
New Delhi : Coal powers 3.8% growth in India’s eight core industries, crude oil slips. : Economic Times
Budget 2024: Fueling growth for the renewable energy sector
New Delhi : Budget 2024: Fueling growth for the renewable energy sector. : Economic Times
Offshore wind: SECI issues tender for allocation of sea-bed lease rights
New Delhi : Offshore wind: SECI issues tender for allocation of sea-bed lease rights. : Economic Times
India to increase coal-fired capacity in 2024 by the most in at least 6 years
New Delhi : India to increase coal-fired capacity in 2024 by the most in at least 6 years. : Economic Times
Budget 2024: One crore homes getting solar panel installation offers 30 GW opportunity, says industry
New Delhi : Budget 2024: One crore homes getting solar panel installation offers 30 GW o.pportunity, says industry : Economic Times
Climate concerns reflect in solar scheme
New Delhi : The government’s keenness to promote rooftop solar installations comes through in the interim budget. Addressing a press conference after the budget, union finance secretary T.V. Somanathan said: “There is a provision of ?10,000 crore for rooftop solar in the budget.” : Mint
Budget: Viability gap funding to be provided for 1 GW offshore wind energy
New Delhi : In her interim Budget 2024 speech on Thursday, Finance Minister Nirmala Sitharaman announced that the government will provide Viability Gap Funding (VGF) for 1 GW offshore wind energy. : psuwatch.com
1 crore households will save up to Rs 18,000 annually under rooftop solar scheme: Finance Minister
New Delhi : Finance Minister Nirmala Sitharaman on Thursday said Pradhanmantri Suryodaya Yojana will enable one crore families to get up to 300 units of free electricity every month and help them save up to Rs 18,000 annually. : psuwatch.com
Geeta Kapur steps in as SJVN CMD (Additional Charge)
New Delhi : The Ministry of Power, Government of India in its order dated 31st January 2024 states that, the appointment of Ms. Geeta Kapur, Director (Personnel) of SJVN has been approved for the post of Chairman and Managing Director of the company as the Additional Charge. : psuconnect.in
GUVNL Invites Bids For Power Procurement From Khavda Solar Park
New Delhi : GUVNL Invites Bids For Power Procurement From Khavda Solar Park. : saurenergy.com
Cleantech Solar Raises Rs 6.25 Billion From Tata Capital for Indian RE Projects
New Delhi : Cleantech Solar Raises Rs 6.25 Billion From Tata Capital for Indian RE Projects. : saurenergy.com
Jabalpur Municipal Corporation Floats Consultancy Tender for 10 MW Solar Projects
New Delhi : Jabalpur Municipal Corporation Floats Consultancy Tender for 10 MW Solar Projects. : mercomindia.com
Oil and Gas
Indian Oil-owned IGCMIL starts operations; signs 1st deal to raise $100 million
New Delhi : IOC Global Capital Management IFSC Limited (IGCMIL), the wholly owned subsidiary of Indian Oil, carried out its first transaction at GIFT City, Gandhinagar on January 30. : psuwatch.com
Govt to mandate phased blending of biogas in CNG, PNG: Sitharaman
New Delhi : Finance Minister Nirmala Sitharaman on Thursday said that the government will mandate the phased blending of compressed biogas (CBG) in compressed natural gas (CNG) for transport and piped natural gas (PNG) for domestic purposes. : Economic Times
Shell annual profit more than halves to $19.4 bn
New Delhi : Shell annual profit more than halves to $19.4 bn. : Economic Times
India’s oil imports from Russia hit 12-month low in Jan as sanctions bite
New Delhi : India’s oil imports from Russia hit 12-month low in Jan as sanctions bite. : Economic Times
LPG Cylinder prices hiked by Rs 14 ahead of Budget 2024
New Delhi : The cost of Liquified Petroleum Gas (LPG) has been hiked by Rs 14, just ahead of the much-anticipated interim budget announcement by finance minister Nirmala Sitharaman on Thursday. : Economic Times
LPG Cylinder prices hiked by Rs 14 ahead of Budget 2024
New Delhi : The cost of Liquified Petroleum Gas (LPG) has been hiked by Rs 14, just ahead of the much-anticipated interim budget announcement by finance minister Nirmala Sitharaman on Thursday. : Economic Times
Asia crude oil imports start 2024 strongly as India leads: Russell
New Delhi : Asia’s imports of crude oil saw robust growth in the new year, reaching an eight-month high in January as top buyers China and India snapped up cargoes. : Economic Times
Asia crude oil imports start 2024 strongly as India leads: Russell
New Delhi : Asia’s imports of crude oil saw robust growth in the new year, reaching an eight-month high in January as top buyers China and India snapped up cargoes. : Economic Times
Budget: Govt puts off equity infusion in state oil companies to next fiscal
New Delhi : The government has pushed its plan to infuse equity into Indian Oil, Bharat Petroleum, and Hindustan Petroleum to the next fiscal year and slashed the proposed amount by half to ?15,000 crore, according to the budget document. : Economic Times
Budget: Govt puts off equity infusion in state oil companies to next fiscal
New Delhi : The government has pushed its plan to infuse equity into Indian Oil, Bharat Petroleum, and Hindustan Petroleum to the next fiscal year and slashed the proposed amount by half to ?15,000 crore, according to the budget document. : Economic Times
Oil prices rise on OPEC meet, US signals on interest rate cuts; Brent at $81/bbl
New Delhi : Oil prices edged higher on Thursday, February 1, boosted by the US Federal Reserve signalling a possible start to interest rate cuts in coming months. : Mint
Budget: FM announces financial assistance for converting biomass to CBG
New Delhi : While presenting the interim Budget 2024, Finance Minister Nirmala Sitharaman announced financial assistance for converting biomass into Compressed Bio Gas (CBG) and phased mandatory blending of CBG with natural gas which will be used as fuel for vehicles and for domestic supplies. : psuwatch.com
Mahanagar Gas Limited announces 100% acquisition in Unison Enviro Private
Mumbai : Mahanagar Gas Limited (MGL), one of the largest city gas distribution companies in India, announces the acquisition of 100% equity stake in Unison Enviro Private Limited (UEPL). : psuconnect.in
Petrol and diesel prices today stable in Hyderabad, Delhi, Chennai and Mumbai on 01 February, 2024
New Delhi : Petrol and diesel prices today, 01 February, 2024: Petrol and diesel prices today remained stable. Going by the fuel prices at major cities in the country today, the petrol price in Delhi is at Rs. 96.72 per litre and the diesel price at Rs. 89.62. : thehansindia.com
India offers to supply LNG to Sri Lankan power plants – Sri Lanka minister
New Delhi : India offers to supply LNG to Sri Lankan power plants – Sri Lanka minister. : Economic Times
Hygenco to invest $2.5 bn over 3 years to set up Green Hydrogen projects in India
New Delhi : Hygenco to invest $2.5 bn over 3 years to set up Green Hydrogen projects in India. : Economic Times
Cabinet approves marketing margin on gas for fertilizer units from 2009-2015
New Delhi : Cabinet approves marketing margin on gas for fertilizer units from 2009-2015. : Economic Times
Renewable ethanol producers challenge EU’s FuelEU Maritime regulation in court
New Delhi : Renewable ethanol producers challenge EU’s FuelEU Maritime regulation in court. : Economic Times
ATF prices cut by Rs 1,221 per kl in Delhi ahead of Budget 2024
New Delhi : The Central government on Thursday slashed jet fuel or ATF prices by Rs 1,221 per kl in the national capital ahead of the much anticipated Interim Budget. This is the fourth straight monthly reduction in jet fuel prices. : Economic Times
ATF prices cut by Rs 1,221 per kl in Delhi ahead of Budget 2024
New Delhi : The Central government on Thursday slashed jet fuel or ATF prices by Rs 1,221 per kl in the national capital ahead of the much anticipated Interim Budget. This is the fourth straight monthly reduction in jet fuel prices. : Economic Times
Budget: ?150 crore for biomass collection
New Delhi : Compressed Biogas (CBG) production will get a boost from the financial assistance the government has promised in the budget for the collection of biomass, industry executives said. : Economic Times
Budget: ?150 crore for biomass collection
New Delhi : Compressed Biogas (CBG) production will get a boost from the financial assistance the government has promised in the budget for the collection of biomass, industry executives said. : Economic Times
OPEC+ sticks with oil production cutbacks for first quarter to prevent surplus amid weak demand
New Delhi : OPEC signaled it will stick with oil production cutbacks this quarter, as the group seeks to avert a surplus. A panel of key members led by Saudi Arabia recommended no policy changes at an online review meeting on Thursday, according to delegates who asked not to be identified. : Mint
Budget 2024: Green fuel gets boost, FM presents scheme for biomanufacturing
New Delhi : Finance Minister Nirmala Sitharaman announced a slew of initiatives aimed at bolstering the green energy sectors while presenting the Interim Budget on Thursday. She outlined a comprehensive road map for sustained economic growth. : Business Standard
State refiners may face margin pressure as cheap Russian oil imports dip
New Delhi : State-run refiners could face margin pressure after the share of discounted Russian oil in India’s imports dipped to a year’s low in January. Volumes inched up from December, when fresh US sanctions were introduced, but were still 11 per cent lower in January than in November, according to ship tracking data and industry officials. : Business Standard
Cabinet okays marketing margin for supply of domestic gas to fertiliser plants
New Delhi : The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval for the determination of marketing margin on supply of domestic gas to fertilizer (Urea) units for the period from May 1, 2009 to November 17, 2015. : psuwatch.com
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On February 1
New Delhi : Petrol, Diesel Prices Today On February 01, 2024: Every day at 6 am, the prices of petrol and diesel are revealed, regardless of whether they undergo fluctuations or remain steady. This regular occurrence is a result of oil marketing companies (OMCs) adjusting prices based on shifts in global crude oil prices and foreign exchange rates. : news18.com
