03-Apr-2024
Power
” New Delhi : The Government is taking all necessary steps to ensure that the electricity demand in the upcoming summer season is met. To ensure this, the Union Minister for Power and New & Renewable Energy R. K. Singh has held a series of meetings, emphasizing the need for ensuring Zero load shedding during the summer season.” : Sarkaritel.com
Power ministry prepares for the summer
New Delhi : The power ministry has worked out a multi-pronged approach to prepare for the summer, including extending the mandate for imported coal-based units to run at full capacity till September and exploring the possibility of using surplus power from captive plants, according to a statement released Tuesday. : Economic Times
NTPC Mouda recalls 10 years of commercial operations of stage 1
New Delhi : NTPC Mouda celebrated the 10 years of commercial operations of stage-1 on March 30. The day began with a Walkathon followed by official and cultural celebrations. : psuwatch.com
JSW Energy gets board nod to raise Rs 5,000 crore through share sale
New Delhi : Billionaire Sajjan Jindal-led group company JSW Energy said on Tuesday that its board of directors has approved a proposal to raise Rs 5,000 crore via the sale of shares to institutional investors. : Sarkaritel.com
Tata Power Renewable Energy commissions 200 MW solar project in Bikaner
New Delhi : Tata Power Renewable Energy commissions 200 MW solar project in Bikaner. : Economic Times
IREDA logs highest-ever loan sanctions, disbursements in FY23-24
New Delhi : IREDA logs highest-ever loan sanctions, disbursements in FY23-24. : Economic Times
India continues to rely heavily on coal to meet projected 260 GW peak demand in summer
New Delhi : India will continue to rely heavily on electricity generated using coal during the ensuing summer season when peak demand is projected to cross 260 gigawatts (GW) on likely intense heat conditions in parts of the country, a power ministry official said on Tuesday. : Economic Times
JSW Energy to raise $600 million via share sale to institutional investors
New Delhi : Power producer JSW Energy said on Tuesday it will raise up to 50 billion rupees ($599.5 million) by selling shares to institutional investors. : Business Standard
Adani Power revives old ambitions as power demand surges in India
New Delhi : Adani Power, part of the Adani group, plans to add close to 6 gigawatts (Gw) of new power assets in the next five years, according to an investor presentation by the company. That is clearly meant to ride on India’s burgeoning power demand. : Business Standard
IREDA SETS NEW RECORD: ACHIEVES HIGHEST EVER LOAN SANCTIONS AND DISBURSEMENTS
New Delhi : Indian Renewable Energy Development Agency Limited (IREDA), the largest pure-play green financing NBFC in the country, has achieved its highest-ever annual loan sanctions and disbursements in the financial year 2023-24. : globalgreenews.com
JSW Energy board okays raising Rs 5,000 crore via QIPs
New Delhi : Sajjan Jindal led JSW Energy board on Tuesday approved raising of Rs 5,000 crore through the issuance of equity on qualified institutional placement basis. : psuwatch.com
Grid-India, Bengaluru organized Hindi Humorous Kavi Sammelan
New Delhi : To promote the official language Hindi in Grid-India, the South Regional Load Despatch Centre, Bengaluru organized the Hindi Humorous Kavi Sammelan. : psuconnect.in
NTPC Invites Vendor Enlistment Bids For 20 MWp Solar Project In UP
New Delhi : NTPC Invites Vendor Enlistment Bids For 20 MWp Solar Project In UP. : saurenergy.com
JSW, Sunsure, NTPC & Tejorupa Bag SECI’s 1500 MW Solar Tender
New Delhi : JSW, Sunsure, NTPC & Tejorupa Bag SECI’s 1500 MW Solar Tender. : saurenergy.com
IREDA loans for green energy projects surge to Rs 37,354 crore in 2023-24
New Delhi : Indian Renewable Energy Development Agency Limited (IREDA), the largest pure-play green financing Non-Banking Financial Company (NBFC) in the country, has achieved its highest-ever annual loan sanctions amounting to Rs 37,354 crore in the financial year 2023-24, according to an official statement issued on Tuesday. : Sarkaritel.com
Telangana well prepared to meet peak power demand in April-May: Dy-CM Vikramarka
New Delhi : Telangana well prepared to meet peak power demand in April-May: Dy-CM Vikramarka. : Economic Times
India added 21 GW solar module, 3 GW cell manufacturing capacity in 2023: Mercom
New Delhi : India added 21 GW solar module, 3 GW cell manufacturing capacity in 2023: Mercom. : Economic Times
IndiGrid operationalises greenfield transmission project at Beed, in Maharashtra
New Delhi : IndiGrid operationalises greenfield transmission project at Beed, in Maharashtra. : Economic Times
Imported coal-based power plants to run at full capacity till September
New Delhi : Power plants running on imported coal will have to operate at full capacity till September to meet rising demand for electricity, as per a government order. : Mint
India added 21 GW solar modules, 3 GW cell manufacturing capacity in 2023
New Delhi : India installed 20.8 GW of solar modules and 3.2 GW of cell manufacturing capacity in 2023, according to Mercom Capital. : Business Standard
PowerMin reviews electricity supply situation as summer comes knocking
New Delhi : As India’s electricity demand soars, the power ministry on Tuesday reviewed the power supply situation to ensure ‘zero load shedding’ during the summer months. : Business Standard
Grew Energy appoints Hardip Singh as chief operations officer
New Delhi : Grew Energy, a solar manufacturer and services provider in India, has announced the appointment of Hardip Singh as the chief operations officer for its solar modules business. In this role, Singh will oversee sales and operations of Grew’s module business. : pv-magazine.com
IndiGrid operationalises greenfield transmission project in Maharashtra
New Delhi : Infrastructure investment trust IndiGrid has operationalised its first greenfield transmission project at Beed, in Maharashtra. : psuwatch.com
SJVN partners with IIT Patna to develop advanced geological model for its tunneling projects
New Delhi : SJVN Limited has inked a memorandum of understanding (MoU) with prestigious Indian Institute of Technology Patna (IIT Patna) in the august presence of SJVN’s Director (Finance) AK Singh and IIT Patna’s Director TN Singh. : psuwatch.com
NTPC delivers stellar performance in Coal Production and Despatch in FY ‘24
New Delhi : NTPC Ltd., India’s leading integrated power utility has recorded a stellar performance from its five operational captive coal mines with record coal production of 34.39 MMT till 31st March in FY24, surpassing the actual target of 34 MMT set by Govt. of India with a significant YoY growth of 48.21 %. : psuconnect.in
TP Saurya Limited Commissions 200 MW Solar Project in Bikaner, Rajasthan
New Delhi : TP Saurya Limited (TPSL), a subsidiary of Tata Power Renewable Energy Limited (TPREL), has announced the successful commissioning of a 200MW solar project located in Bikaner, Rajasthan, for Tata Power Trading Company Limited, a subsidiary of The Tata Power Company Limited. : psuconnect.in
IndiGrid Operationalises First Transmission project
New Delhi : IndiGrid Operationalises First Transmission project. : saurenergy.com
NTPC Invites EoI For 50MW Concentrated Solar Project In Uttar Pradesh
New Delhi : NTPC Invites EoI For 50MW Concentrated Solar Project In Uttar Pradesh. : saurenergy.com
IREDA Witnesses 26.71% Growth In Loan Book In 2023
New Delhi : IREDA Witnesses 26.71% Growth In Loan Book In 2023. : saurenergy.com
SJVN launches 1.2 GW renewables-plus-storage tender
New Delhi : SJVN has invited bids from renewable energy developers to supply 600 MW of firm and dispatchable power from RE projects with energy storage system, with greenshoe option of additional capacity up to 600 MW. : pv-magazine.com
Oil and Gas
Indian Oil Corp set to tap spot oil market as Russian term deal lapses
New Delhi : Rosneft and Indian Oil Corp have yet to renew an oil supply deal that expired in March as they have been unable to agree on price and volumes, forcing India’s top refiner to turn to spot markets, three sources with knowledge of the matter said on Monday. : Business Standard
ONGC Boosts Medical Equipment for Safdarjung Hospital
New Delhi : ONGC steps up medical equipment support for Safdarjung Hospital (SJHDELHI), the government hospital with a no-refusal policy for patients. : psuconnect.in
BPCL Bina Refinery awarded ‘Zero Waste to Landfill’ certification
New Delhi : Bharat Petroleum’s Bina Refinery has been awarded the prestigious ‘Zero Waste to Landfill’ certification with a remarkable diversion rate exceeding 99%. : psuconnect.in
ONGC Launches Two web-based applications
New Delhi : India’s central public sector undertaking, Oil and Natural Gas Corporation (ONGC) launches two web-based applications on the first day of the new fiscal. : psuconnect.in
OPEC oil output falls in March, led by Iraq: Reuters survey
New Delhi : OPEC oil output falls in March, led by Iraq: Reuters survey. : Economic Times
Widespread adoption of green hydrogen still far away for India: Amit Jain, CEO and Country Manager, ENGIE India
New Delhi : Widespread adoption of green hydrogen still far away for India: Amit Jain, CEO and Country Manager, ENGIE India. : Economic Times
Oil hits six-month high on tighter supply over Ukraine attack ahead of OPEC decision; Brent at $89/bbl
New Delhi : Global crude oil prices hit six-month high on Tuesday, April 2, with benchmark Brent rising above the $89 per barrel for the first time since October, although briefly, as the oil supplies faced fresh threats from Ukranian attacks on Russian energy facilities and escalating conflict in the Middle East. : Mint
OPEC+ Meeting Tomorrow: Oil producers unlikely to change output policy on April 3 after crude hits 2024-high
New Delhi : The Organisation of Petroleum Exporting Countries and its allies (OPEC+) will conduct its joint ministerial monitoring committee meeting (JMMC) on Wednesday, April 3, led by oil producing majors Saudi Arabia and Russia, shortly after crude oil prices hit their highest this year. : Mint
Oil Rises With Lower US Stockpiles and OPEC Meeting to the Fore
New Delhi : Oil extended a rally after an industry report pointed to a drawdown in US crude inventories, ahead of an OPEC meeting at which the group is expected to affirm current supply cuts. : Mint
Brent crude price reaches highest level this year on fresh supply threats
New Delhi : Global oil benchmark Brent on Tuesday rose above $89 a barrel for the first time since October, albeit briefly, as oil supplies faced fresh threats from Ukrainian attacks on Russian energy facilities and escalating conflict in the Middle East. : Business Standard
Oil gains on expectations for higher demand as Middle East concerns rise
New Delhi : Oil prices rose on Tuesday, underpinned by signs that demand may improve China and the U.S., the world’s biggest oil consuming nations, and growing concerns of a widening conflict in the Middle East that could affect supply from region. : Business Standard
Petrol, Diesel Fresh Prices Announced On April 2: Know Fuel Rates In Your City
New Delhi : Petrol and Diesel Prices Today On April 2, 2024: The trend of increase in crude oil prices continues in the international market. Today, crude is trading at $ 84.05 per barrel while Brent crude is trading at $ 87.71 per barrel. Meanwhile, oil marketing companies have released new prices of petrol and diesel for April 2. : news18.com
India’s top refiner set to tap spot oil as Russian term deal lapses: sources
New Delhi : India’s top refiner set to tap spot oil as Russian term deal lapses: sources. : Economic Times
Haldia Petchem plans $10 billion oil-to-chemical project in south India
New Delhi : Haldia Petchem plans $10 billion oil-to-chemical project in south India. : Economic Times
India Eyes Gas Network Spanning South Asian Neighbours
New Delhi : India Eyes Gas Network Spanning South Asian Neighbours. : Mint
Green mobility: Nitin Gadkari vows to eliminate petrol, diesel vehicles
New Delhi : Union Minister for Road Transport and Highways, Nitin Gadkari, has expressed a bold ambition to transform India into a green economy, aiming for a future completely free of petrol and diesel vehicles. : Business Standard
Haldia Petchem planning $10 bn oil-to-chemical project in south India
New Delhi : The Chatterjee Group (TCG) is in talks with local and global companies to partner with its majority-owned petrochemical firm Haldia Petrochemicals Ltd (HPL) to build a more than $10 billion project in southern India, HPL’s chief executive said. : Business Standard
