06-Mar-2024
Power
” New Delhi : Power Grid Corporation of India Limited (POWERGRID), a Maharatna Central Public Sector Enterprise under the Ministry of Power, Govt. of India, paid ?2067,68,20,860/- as second interim dividend for FY 2023-24 to Government of India on 5th March 2024 at Ministry of Power, New Delhi.” : Sarkaritel.com
” New Delhi : Power equipment major Bharat Heavy Electricals Ltd (BHEL) has secured a power plant engineering, procurement, and construction (EPC) order of over Rs 9,500 crore from NTPC Ltd.” : Sarkaritel.com
” New Delhi : As part of NLC India’s outreach to weaker sections, 2000 sewing machines were distributed to women belonging to economically weaker sectionsunder NLC India’s CSR scheme, at Kazhudur village near Thittakudi. In afunctionheld yesterday (04.03.2024)” : Sarkaritel.com
NTPC Green Energy, UP Rajya Vidyut to jointly develop RE projects
New Delhi : NTPC Green Energy, UP Rajya Vidyut to jointly develop RE projects. : Economic Times
POWERGRID gives Interim DIVIDEND
New Delhi : POWERGRID handed a cheque of ?2067.68 Cr. as second interim dividend of FY 2023-24 to Union Minister of Power, New & RE, Sh. R. K. Singh in presence of Secretary (Power), CMD, Director (Finance), Director (Projects), Director (Personnel), Independent Directors and EDs. : newsmantra.in
NHPC to set up 1200 MW solar park project in UP at Rs 797 crore investment
New Delhi : NHPC expects to complete the proposed 1,200 MW solar power project entailing an investment of Rs 796.96 crore in Uttar Pradesh in two years, the company said on Tuesday. : psuwatch.com
India’s coal production surges by 11.83 pc in Feb
New Delhi : The country’s coal production increased by 11.83 per cent in February to 96.60 million tonnes compared to the corresponding figure of 86.38 MT in the same month last year, according data released by the Coal Ministry on Tuesday. : Sarkaritel.com
Peak power demand estimated to rise 7% to 260 GW this summer
New Delhi : Peak power demand estimated to rise 7% to 260 GW this summer. : Economic Times
PM Modi to visit Odisha on Tuesday, unveil projects worth over Rs 19,600 crore
New Delhi : PM Modi to visit Odisha on Tuesday, unveil projects worth over Rs 19,600 crore. : Economic Times
Power Grid pays 2nd interim dividend of Rs 2067.68 crore to Govt for FY’24
New Delhi : Power Grid Corporation of India Limited (PGCIL) paid Rs 2067.68 crore as second interim dividend for FY 2023-24 to Government of India on Tuesday at Ministry of Power, New Delhi. : psuwatch.com
Tata Power Solar Systems, Union Bank renew partnership to offer financing solutions
New Delhi : Tata Power Solar Systems, Union Bank renew partnership to offer financing solutions. : Economic Times
Adani Green Energy operationlises 448.95 MW solar projects at Khavda
New Delhi : Adani Green Energy operationlises 448.95 MW solar projects at Khavda. : Economic Times
NCLAT dismisses BHEL’s pleas against REC over insolvency of Hiranmaye Energy
New Delhi : NCLAT dismisses BHEL’s pleas against REC over insolvency of Hiranmaye Energy. : Economic Times
Delhi govt inspired by ‘Ram Rajya’; ensuring free power supply, promoting green energy: Atishi
New Delhi : Delhi govt inspired by ‘Ram Rajya’; ensuring free power supply, promoting green energy: Atishi. : Economic Times
India extends mandate for utilities to import 6% of coal needs until June
New Delhi : The Indian government has extended the mandate for the country’s power producers to import 6% of their coal requirements until June, despite adequate domestic availability, amid transport constraints and higher electricity demand, a power ministry note said on Tuesday. : Economic Times
Russia mulls putting nuclear power plant on moon with China: Report
New Delhi : Russia and China are considering putting a nuclear power plant on the moon from 2033-35, Yuri Borisov, the head of Russia’s space agency Roscosmos said on Tuesday, something he said could one day allow lunar settlements to be built. : Business Standard
SOUTH EASTERN COALFIELD LIMITED’S GEVRA MINE SET TO BECOME THE LARGEST COAL MINE IN ASIA
Ranchi : Chhattisgarh-based Coal India subsidiary South Eastern Coalfield Limited’s Gevra mine is set to become the largest coal mine in Asia. The mine has been granted environmental clearance to expand production capacity to 70 million tons per annum from the current 52.5 million tons. : globalgreenews.com
Adani Green operationlises 448.95 MW solar projects at Khavda
New Delhi : Adani Green Energy subsidiary Adani Green Energy Twenty Four B has operationalised an additional 448.95 MW solar power projects at Khavda in Gujarat. : psuwatch.com
PM lays foundation stone for 600 MW Lalitpur Solar Power Project in UP
New Delhi : Prime Minister Narendra Modi on Monday laid the foundation stone for TUSCO Ltd.’s monumental 600 MW Lalitpur Solar Power Project located in Uttar Pradesh. TUSCO Ltd is a joint venture between THDC India Limited and UPNEDA (Uttar Pradesh New and Renewable Energy Development Agency). : psuwatch.com
BHEL bags order worth Rs 9,500 crore to set up 1,600 MW thermal project from NTPC
New Delhi : State-owned Bharat Heavy Electricals Limited (BHEL) on Tuesday said it has bagged an order from power giant NTPC to set up a 1,600 MW Singrauli thermal power project (Stage-II). : psuwatch.com
Power grid to raise bonds to issue over Rs 1200 crore on private placement
New Delhi : According to the exchange filing issued, as per Regulation 30 of the SEBI[ Listing Obligations and Disclosure Requirements] Regulation 2015, it is confirmed that the Committee of Directors for Bonds has approved the raising of Bonds as Unsecured, Non-Convertible, Non-cumulative, Redeemable, Taxable POWERGRID Bonds 76th Issue upto Rs 1200 crore. The bonds are listed on BSE and NSE exchanges. : psuconnect.in
Kundan Green Energy wins bid for 21 MW Rellichu hydropower plant in Sikkim
New Delhi : Kundan Green Energy wins bid for 21 MW Rellichu hydropower plant in Sikkim. : Economic Times
Indian firms look to bet big on coal-fired power after long absence
New Delhi : Indian firms look to bet big on coal-fired power after long absence. : Economic Times
IRENA DG calls for tripling of global renewable energy capacity at ETEnergyworld Middle East Energy Leadership Summit
New Delhi : IRENA DG calls for tripling of global renewable energy capacity at ETEnergyworld Middle East Energy Leadership Summit. : Economic Times
ETEnergyworld Solar Power Congress: Renewable energy minister Bhagwanth Khuba to address industry leaders
New Delhi : ETEnergyworld Solar Power Congress: Renewable energy minister Bhagwanth Khuba to address industry leaders. : Economic Times
Surat Municipal Corp Issues Tender For 6.3 MW Wind Project In Gujarat
New Delhi : Surat Municipal Corp Issues Tender For 6.3 MW Wind Project In Gujarat. : saurenergy.com
Solar Projects To Come Up Along Mumbai-Nagpur Samruddhi Mahamarg: Report
New Delhi : Solar Projects To Come Up Along Mumbai-Nagpur Samruddhi Mahamarg: Report. : saurenergy.com
EU cannot close borders to solar imports, energy chief says
New Delhi : EU cannot close borders to solar imports, energy chief says. : Economic Times
Continue blending of 6 pc imported coal till June: Power Min to power plants
New Delhi : The power ministry has asked domestic coal-based thermal power plants to continue blending six per cent of imported coal until June 2024 amid the projection of an all-time high peak power demand of 250 GW in summer. : Economic Times
Adani Power receives creditors’ approval for Lanco Amarkantak Power buy
New Delhi : Adani Power has received the creditors’ approval for the resolution plan to acquire insolvent Lanco Amarkantak Power, according to a company filing on Tuesday. : Business Standard
Jharkhand Invites Bids for 14 MW Solar Project
New Delhi : Jharkhand Invites Bids for 14 MW Solar Project. : mercomindia.com
GUVNL’s 1,125 MW Solar Auction Winners Revealed
New Delhi : GUVNL’s 1,125 MW Solar Auction Winners Revealed. : mercomindia.com
Adani Green Operationalises 448.95 MW Solar Projects In Gujarat
New Delhi : Adani Green Operationalises 448.95 MW Solar Projects In Gujarat. : saurenergy.com
PM Modi Laid Foundation Stone Of Seven SJVN Projects
New Delhi : PM Modi Laid Foundation Stone Of Seven SJVN Projects. : saurenergy.com
NTPC arm NGEL signs JV with UPRVUNL
New Delhi : NTPC wholly owned subsidiary NTPC Green Energy Limited has signed a joint venture agreement with UPRVUNL to establish Renewable energy Parks and Projects in Uttar Pradesh. : psuconnect.in
NGEL In JV Agreement For RE Power Parks Development In Uttar Pradesh
New Delhi : NGEL In JV Agreement For RE Power Parks Development In Uttar Pradesh. : saurenergy.com
Jindal Stainless Plans Rs 700 Crore Investment In Renewable Projects: Report
New Delhi : Jindal Stainless Plans Rs 700 Crore Investment In Renewable Projects: Report. : saurenergy.com
Tata Power Solar Systems & Union Bank Renews Partnership For Residential Rooftop Solar
New Delhi : Tata Power Solar Systems & Union Bank Renews Partnership For Residential Rooftop Solar. : saurenergy.com
Rays Power Infra Acquires 520 MW Solar Projects In Assam, Gujarat
New Delhi : Rays Power Infra Acquires 520 MW Solar Projects In Assam, Gujarat. : saurenergy.com
UP Cabinet meeting: Two more 800MW power plants to come up in UP
New Delhi : “This initiative will advance through a 50-50 partnership between the state government and NTPC. The total project cost amounts to ?8,624 crore, with the first unit expected to be operational in about 50 months, followed by the second unit in 56 months,” the minister said. : Hindustan Times
Oil and Gas
” New Delhi : Minister for Petroleum and Natural Hardeep Singh Puri on Tuesday dedicated to the nation as many as 201 Compressed Natural Gas (CNG) stations across 17 states and India’s first small-scale LNG unit at Vijaipur in Madhya Pradesh as part of the Modi government’s push towards a green economy.” : Sarkaritel.com
RBI asks OMCs to pay for some oil imports in Rupees next FY
New Delhi : RBI asks OMCs to pa.y for some oil imports in Rupees next FY : Economic Times
HPCL to start Rajasthan refinery by end-Dec using mostly Mideast oil
New Delhi : Hindustan Petroleum Corp plans to start operating its new 180,000 barrels per day Barmer refinery in India’s desert state of Rajasthan by end-December using mostly Middle East oil, its head of refineries S Bharatan said. : Economic Times
Union Petroleum Minister Inaugurates 201 CNG Stations And India’s First Small Scale LNG Unit Of GAIL
New Delhi : “Today marks another milestone on the road to becoming a gas-based economy and a step forward towards our pursuit for energy security combined with growth in a sustainable manner”, said Shri Hardeep Singh Puri, Minister of Petroleum & Natural Gas and Housing & Urban Affairs. : indianpsu.com
“No global oil shortage,” says Puri on OPEC+ output cuts; India explores oil cooperation with Guyana, Suriname, Namibia
New Delhi : “No global oil shortage,” says Puri on OPEC+ output cuts; India explores oil cooperation with Guyana, Suriname, Namibia. : Economic Times
Matrix Gas & Renewables raises ?350 crore in pre-IPO round to fuel green hydrogen and gas projects
New Delhi : Matrix Gas & Renewables raises ?350 crore in pre-IPO round to fuel green hydrogen and gas projects. : Economic Times
Google-backed satellite to track global oil industry methane emissions
New Delhi : Google-backed satellite to track global oil industry methane emissions. : Economic Times
Vitol close to buying Exxon, QatarEnergy stakes in Italy LNG terminal, sources say
New Delhi : Vitol close to buying Exxon, QatarEnergy stakes in Italy LNG terminal, sources say. : Economic Times
Mahanagar Gas reduces price of CNG in Mumbai
Mumbai : Mumbai-based Mahanagar Gas Ltd (MGL) has reduced the price of compressed natural gas (CNG) to Rs 73.50/Kg effective from midnight of 5th March 2024/ morning of 6th March 2024, the company said on Tuesday. : Economic Times
IGX sees 324% growth in gas trade volumes in February m-o-m
New Delhi : The Indian Gas Exchange (IGX) traded 6,136,850 MMBtu (~155 MMSCM) gas volume in February, with 324 percent month-on-month (m-o-m) increase and 17 percent year-on-year (y-o-y) increase. In February 2024, IGX traded record 4.74 Million MMBtu (120 MMSCM) of monthly R-LNG volumes, said IGX on Tuesday. : psuwatch.com
Minister, P&NG, dedicates 201 CNG stations across 17 states and India’s first small-scale LNG unit in Madhya Pradesh
New Delhi : Taking a significant step towards building a Natural Gas-based economy as envisioned by Prime Minister Narendra Modi, Union Minister of Petroleum and Natural Gas & Housing and Urban Affairs Hardeep S Puri today dedicated to the Nation 201 Compressed Natural Gas (CNG) stations across 17 states and India’s first small-scale LNG unit at Vijaipur (Madhya Pradesh). : Sarkaritel.com
MGL cuts CNG prices for Mumbai, surroundings from midnight
New Delhi : The Mahanagar Gas Ltd (MGL) on Tuesday announced a reduction in CNG prices by Rs 2.50 per kg for Mumbai and Mumbai Metropolitan Region. : Sarkaritel.com
Rs 41,000 cr investment in city gas projects in N-E, J&K: Puri
New Delhi : Rs 41,000 cr investment in city gas projects in N-E, J&K: Puri. : Economic Times
Kalpataru Projects International to lay 800 kms gas pipeline for Aramco
New Delhi : Kalpataru Projects International to lay 800 kms gas pipeline for Aramco. : Economic Times
PM Modi to visit Odisha on Tuesday, unveil projects worth over Rs 19,600 crore
New Delhi : PM Modi to visit Odisha on Tuesday, unveil projects worth over Rs 19,600 crore. : Economic Times
Govt targets three-fold rise in natural gas consumption to 500 MMSCMD by 2030, boosts ancillary industries: Puri
New Delhi : Govt targets three-fold rise in natural gas consumption to 500 MMSCMD by 2030, boosts ancillary industries: Puri. : Economic Times
Turkish oil terminal halts Russian oil business
New Delhi : Turkish oil terminal halts Russian oil business. : Economic Times
India talking to Guyana, Suriname, Namibia for oil import: Hardeep Singh Puri
New Delhi : India talking to Guyana, Suriname, Namibia for oil import: Hardeep Singh Puri. : Economic Times
MGL’s monopoly on Mumbai’s city gas network has ended: PNGRB
Mumbai : The downstream regulator has said that Mahanagar Gas Ltd (MGL) no longer has a monopoly over city gas networks in Mumbai. This can set off intense competition among gas marketers for customers in the lucrative metropolitan region and compress profit margins for MGL. : Economic Times
Saudi Arabia has an unlikely solar star
New Delhi : Sitting atop a fifth of the world’s oil reserves, Saudi Arabia doesn’t spring to mind when you think about renewables. Muhammad bin Salman, its crown prince and de facto ruler, would like this to change. : Mint
Jindal and Hygenco Open Green Hydrogen Facility at Steel Plant in Haryana
New Delhi : Jindal and Hygenco Open Green Hydrogen Facility at Steel Plant in Haryana. : mercomindia.com
Kalpataru Projects International to lay 800 kms gas pipeline for Aramco
New Delhi : Kalpataru Projects International on Tuesday said it has secured an order from Saudi Arabia’s energy major Aramco for laying 800 kilometres of gas pipeline. : psuwatch.com
Puri inaugurates 201 CNG stations across 17 states
New Delhi : Union Oil Minister Hardeep Singh Puri on Tuesday inaugurated 201 CNG stations across 17 states and India’s first small-scale LNG unit at Vijaipur in Madhya Pradesh in a move to increase gas usage in the economy. : psuwatch.com
