04-Apr-2024
Power
” New Delhi : New Delhi, April 03: Power Finance Corporation Ltd. (PFC), a Maharatna CPSE and the country’s leading NBFC in the power sector, has paid Rs 554 crore to Govt. of India as the third Interim Dividend on equity shares held by Govt. of India for the financial year 2023-24.” : Sarkaritel.com
” New Delhi : Hydroelectric power major SJVN Limited has signed a memorandum of understanding (MoU) with the Indian Institute of Technology (IIT) Patna to use advanced geological models in the company’s tunnelling projects in order to reduce time and cost overruns, according to an official statement issued on Wednesday.” : Sarkaritel.com
PFC pays highest-ever Interim dividend of Rs. 2033 crore to Govt for FY 2023-24
New Delhi : Power Finance Corporation Ltd. (PFC), a Maharatna CPSE and the country’s leading NBFC in the power sector, has paid Rs 554 crore to Govt. of India as the third Interim Dividend on equity shares held by Govt. of India for the financial year 2023-24. : psuconnect.in
” New Delhi : NLCIL Thermal Units, NNTPS (2×500 MW) and TPS-I Expansion (2×210 MW) in Neyveli, Tamilnadu and Barsingsar TPS (2×125 MW) in Rajasthan secured all top 3 positions among all operating Lignite Power Stations in the country, as per the recently released Central Electricity Authority (CEA) report on Plant Load Factor (PLF).” : Sarkaritel.com
PFC pays highest-ever interim dividend of Rs 2,033 crores to Govt for FY’24
New Delhi : Power Finance Corporation Limited (PFC), a Maharatna Central Public Sector Enterprise and the country’s leading NBFC in the power sector, has paid Rs 554 crores to the Government of India as the third interim dividend for the financial year 2023-24, on equity shares held by the Government of India. : psuwatch.com
PFC pays highest-ever interim dividend of Rs 2,033 crore to govt for FY24
New Delhi : State-owned PFC on Wednesday said it has paid a total dividend of Rs 2,033 crore to the government for the financial year 2023-24. : Business Standard
PFC pays ?2,033 cr interim dividend to Centre for FY24
New Delhi : A company statement said that on Wednesday it paid ?554 crore to the government as the third interim dividend on equity shares held by the Union government for the recently ended fiscal. : Mint
PFC pays Rs 2,033 crore interim dividend to Govt for FY24
New Delhi : State-owned PFC on Wednesday said it has paid a total dividend of ?2,033 crore to the government for the financial year 2023-24. The company has paid the dividend in three instalments of Rs 554 crore, Rs 832 crore and Rs 647 crore, it said in a statement. : Economic Times
Power Ministry sets up panel for monitoring thermal power projects
New Delhi : The Union Power Ministry has constituted an independent Thermal Project Monitoring Group (TPMG) for the monitoring and execution of thermal power projects that are under implementation. : Sarkaritel.com
PFC pays Rs 2,033 crore interim dividend to govt for FY24
New Delhi : State-owned PFC on Wednesday said it has paid a total dividend of Rs 2,033 crore to the government for the financial year 2023-24. The company has paid the dividend in three instalments of Rs 554 crore, Rs 832 crore and Rs 647 crore, it said in a statement. : Zeebiz
Adani Green becomes India’s first company to cross 10,000 MW mark for operational capacity
New Delhi : Adani Green becomes India’s first company to cross 10,000 MW mark for operational capacity. : Economic Times
India continues to rely heavily on coal to meet projected 260 GW peak demand in summer
New Delhi : India continues to rely heavily on coal to meet projected 260 GW peak demand in summer. : Economic Times
GE Power bags 2 orders worth Rs 775 crore from Jaiprakash Power Venture
New Delhi : GE Power India on Wednesday said it has secured two orders worth Rs 774.9 crore from Jaiprakash Power Ventures. : Economic Times
Shirdi Sai Electricals makes Rs 15k cr investment to set up solar cell unit
New Delhi : Shirdi Sai Electricals Limited will make an initial investment of Rs 15,000 crore to build an integrated solar cell to module manufacturing facility at Ramayapatnam in Andhra Pradesh, its CEO Sharat Chandra said on Wednesday. : Business Standard
Adani Green Energy surpasses 10 GW of operating renewables capacity
New Delhi : Adani Green Energy Ltd (AGEL) has reached an operating renewable energy portfolio of 10,934 MW, consisting of 7,393 MW solar, 1,401 MW wind, and 2,140 MW wind-solar hybrid capacity. : pv-magazine.com
AMPIN Energy unveils 135 MWp solar project for Amazon Web Services
New Delhi : AMPIN Energy Transition (formerly Amp Energy India) has unveiled its 100 MW (135 MWp) solar project for Amazon Web Services (AWS). : pv-magazine.com
GOVT TAKING ALL NECESSARY STEPS TO MEET POWER DEMAND IN COMING SUMMER SEASON: POWER MINISTER
New Delhi : Government is taking all necessary steps to ensure that the electricity demand in the upcoming summer season is met. Power and New and Renewable Energy Minister RK Singh held a series of meetings in this regard, emphasizing the need for ensuring Zero load shedding during the summer season. In a meeting in New Delhi. : globalgreenews.com
PFC PAYS HIGHEST-EVER INTERIM DIVIDEND OF RS. 2033 CR TO GOI FOR FY 2023-24
New Delhi : Power Finance Corporation Ltd. (PFC), a Maharatna CPSE and the country’s leading NBFC in the power sector, has paid Rs 554 crore to Govt. of India as the third Interim Dividend on equity shares held by Govt. of India for the financial year 2023-24. : globalgreenews.com
DVC seeks single regulator for uniform tariff
New Delhi : The Damodar Valley Corporation (DVC) on Wednesday said it has sought a single regulator to ensure uniform tariff for both Jharkhand and West Bengal command areas, an official said. : psuwatch.com
MPERC Introduces Policy For Grid Interactive Renewable Energy System
New Delhi : MPERC Introduces Policy For Grid Interactive Renewable Energy System. : saurenergy.com
NTPC- REL Seeks Bids For 110 MW Wind Energy Project At Khavda
New Delhi : NTPC- REL Seeks B.ids For 110 MW Wind Energy Project At Khavda : saurenergy.com
PFC pays the highest-ever Interim dividend of Rs. 2033 crore to Govt. of India for the Financial Year 2023-24
New Delhi : Power Finance Corporation Ltd. (PFC), a Maharatna CPSE and the country’s leading NBFC in the power sector, has paid Rs 554 crore to Govt. of India as the third Interim Dividend on equity shares held by Govt. of India for the financial year 2023-24. : Free Press Journal
Adani Green Energy becomes India’s 1st to surpass 10,000 MW renewable energy
New Delhi : In a first for the country, Adani Green Energy Limited (AGEL) on Wednesday said it has surpassed 10,000 megawatts (MW) of operational portfolio, delivering reliable, affordable and clean power to the national grid. : Sarkaritel.com
EU investigates Chinese bidders over Romania solar tender
New Delhi : EU investigates Chinese bidders over Romania solar tender. : Economic Times
Govt directs power plants to plan early to ensure power supply in summers
New Delhi : Govt directs power plants to plan early to ensure power supply in summers. : Economic Times
India eyes 100 GW nuclear power by 2047: AEC chairman
New Delhi : India aims to produce 1 lakh MW of nuclear power by 2047, a massive increase from the current production of over 8,000 MW, Atomic Energy Commission Chairman A K Mohanty said here on Wednesday. : Economic Times
IOC in talks with NPCIL for small nuclear reactors
New Delhi : State-run Indian Oil Corporation Ltd is in preliminary talks with atomic power monopoly to build small nuclear units, an early-stage technology seen as a cost-effective alternative to larger plants. : Economic Times
Power prices rise on exchanges as India braces for a sweltering summer
New Delhi : Prices of power on the exchanges have increased over the past week amid rising temperatures and an increase in power demand. : Mint
India aims to produce 100 GW nuclear power by 2047: AEC Chairman Mohanty
New Delhi : India aims to produce 100,000 MW of nuclear power by 2047, a massive increase from the current production of over 8,000 MW, Atomic Energy Commission Chairman A K Mohanty said here on Wednesday. : Business Standard
NLC India planning to sell renewable assets worth estimated $720 Million
New Delhi : State-run coal miner and power producer NLC India Ltd. is planning to sell renewable assets worth an estimated 60 billion rupees ($720 million). : Business Standard
Power demand hits new peak in Chhattisgarh as mercury marches north
New Delhi : Power demand surged to its peak in Chhattisgarh as mercury touched 39 degrees Celsius by the end of March in the state. : Business Standard
NTPC launches concentrated solar-plus-thermal storage tender
New Delhi : NTPC is inviting expressions of interest (EoI) to set up a 50 MW (net output at ex-bus) concentrated solar power (CSP) project with thermal energy storage system for 8-hour operation during peak hours and non-solar hours. : pv-magazine.com
SECI allocates 1.5 GW of solar at $0.031/kWh
New Delhi : The Solar Energy Corp. of India (SECI) has published the results of its 1.5 GW ISTS-connected solar tender, launched under tranche XIII. The full capacity has been allocated to four bidders at an average price of INR 2.56 ($0.031)/kWh. : pv-magazine.com
SJVN PARTNERS WITH IIT PATNA TO IMPROVE TUNNELING PROJECT PERFORMANCE USING ADVANCED GEOLOGICAL MODELS
New Delhi : SJVN Limited has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology Patna (IIT Patna) to use advanced geological models in SJVN’s tunnelling projects, thus significantly reducing time and cost overruns. : globalgreenews.com
India to build first commercial crude oil strategic storage
New Delhi : India, the world’s third biggest oil consumer and importer, plans to build its first commercial crude oil strategic storage as part of efforts to shore up stockpiles as insurance against any supply disruption. : psuwatch.com
THDCIL Launches innovative QR based Smart Medical Card System
New Delhi : THDC India Limited is a Leading Power Generation company with a commitment to Excellence, Sustainability, and Community development, while also prioritizing the Wellness of its employees (serving as well as superannuated) and their family members. : psuconnect.in
NTPC-REL Invites Bids For 500 MW Solar Project In Rajasthan
New Delhi : NTPC-REL Invites Bids For 500 MW Solar Project In Rajasthan. : saurenergy.com
PFC pays Rs 2,033 cr interim dividend to govt for FY24
New Delhi : State-owned PFC on Wednesday said it has paid a total dividend of Rs 2,033 crore to the government for the financial year 2023-24.The company has paid the dividend in three instalments of Rs 554 crore, Rs 832 crore and Rs 647 crore, it said in a statement. : devdiscourse
Oil and Gas
Oil India plans to start Numaligarh refinery by Dec 2025, chairman says
New Delhi : Oil India plans to start Numaligarh refinery by Dec 2025, chairman says. : Economic Times
IOC in talks with NPCIL for small nuclear reactors
New Delhi : State-run Indian Oil Corporation Ltd is in preliminary talks with atomic power monopoly to build small nuclear units, an early-stage technology seen as a cost-effective alternative to larger plants. : Economic Times
Ecologists report oil spill near Kazakhstan’s giant Kashagan oil field in Caspian sea
New Delhi : Ecologists report oil spill near Kazakhstan’s giant Kashagan oil field in Caspian sea. : 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
Analysis: New west-east route keeps Europe hooked on Russian gas
New Delhi : Analysis: New west-east route keeps Europe hooked on Russian gas. : Economic Times
China pips India in buying sea-borne Russian crude
New Delhi : India is no longer the largest buyer of seaborne Russian oil as it has been forced to reject certain cargoes due to sanctions, allowing China to lap up the commodity at deeply discounted prices. : Economic Times
India aims for first strategic petroleum reserve with a private company by 2029-30
New Delhi : India plans to build its first privately managed strategic petroleum reserve (SPR) by 2029-30, granting the operator the freedom to trade all of the stored oil, the chief executive of Indian Strategic Petroleum Reserves Ltd (ISPRL) said. : Economic Times
Oil prices continue to gain amid worries about supply disruptions; brent crude at $89.76/bbl
New Delhi : Oil prices continued their upward trajectory amid investor apprehensions regarding potential disruptions in supply due to escalating geopolitical tensions, on Wednesday. : Mint
Govt hikes windfall tax on crude to Rs 6,800 for 5th time since Feb
New Delhi : The Indian government has raised its windfall tax on petroleum crude for the fifth time since February to Rs 6,800 ($81.43) a metric tonne from Rs 4,900 with effect from April 4, the government said in a notification on Wednesday. : Business Standard
Opec+ ministers agree on keeping oil output policy steady: Reports
New Delhi : A meeting of the top ministers of OPEC+ has kept oil output policy unchanged, three OPEC+ sources said, as oil prices hit their highest in five months. : Business Standard
Crude oil’s climb towards $90 per barrel is a matter of anxiety for India, oil secretary Pankaj Jain says
New Delhi : Crude oil’s climb towards $90 per barrel is a matter of anxiety for India, oil secretary Pankaj Jain says. : Economic Times
Russia’s Arctic LNG 2 suspends gas liquefaction amid sanctions, lack of tankers, sources say
New Delhi : Russia’s Arctic LNG 2 suspends gas liquefaction amid sanctions, lack of tankers, sources say. : Economic Times
Govt hikes windfall tax on crude petroleum to Rs 6,800 per tonne
New Delhi : The government on Wednesday increased the windfall tax on domestically produced crude to Rs 6,800 per tonne from Rs 4,900 per tonne, with effect from April 4. : Economic Times
Crude oil on bouncy wicket: Govt says rising price a matter of anxiety
New Delhi : Crude oil’s climb towards $90 per barrel is a matter of anxiety for India, said Pankaj Jain, secretary, petroleum and natural gas ministry. “Whenever prices go up, it does cause anxiety and concern,” Jain said on Wednesday. : Economic Times
India to build first commercial crude oil storage to shore up stockpiles
New Delhi : India, the world’s third biggest oil consumer and importer, plans to build its first commercial crude oil strategic storage as part of efforts to shore up stockpiles as insurance against any supply disruption. : Business Standard
Petrol, Diesel Fresh Prices Announced On April 3: Know Fuel Rates In Your City
New Delhi : Petrol and Diesel Prices Today On April 3, 2024: The new prices of petrol and diesel have been released across the country today i.e. on April 3. According to which, there has been no change in oil prices at the national level today. : news18.com
