09-Apr-2024
Power
REC loans for green projects record 6-fold jump to Rs 1.37 lakh crore
New Delhi : Government-owned power finance giant REC has recorded an over 6-fold jump to Rs 1,36,516 crore in loans sanctioned for renewable energy projects during 2023-24 compared to the corresponding figure of Rs 21,371 crore in 2022-23, official figures released on Monday showed. : Sarkaritel.com
” New Delhi : DVC organized Consumers’ Meet 2024 on the theme “Energizing Sustainability – A Path to Energy Conservation and Prosperity “for its Consumers of West Bengal at Durgapur on 05.04.2024. Around 75 numbers of retail consumers of DVC in the state of WB attended the Meet. The Chairman, DVC interacted with retail consumers of DVC directly and addressed their grievances in the forum.” : Sarkaritel.com
REC clocks highest ever loan sanctions in FY24, stock trading flat
New Delhi : Shares of REC Limited were trading flat in early deals despite the firm announcing that it clocked highest ever loan sanctions at Rs 3.588 lakh crore and the highest ever loan disbursements at Rs 1.615 lakh crore during the year 2023-24. : Business Today
REC sanctioned loans worth `3.59L crore in FY2023-24
New Delhi : REC sanctioned loans worth `3.59L crore in FY2023-24. : millenniumpost.in
Adani to invest Rs 2.3 lakh crore in renewable energy, manufacturing capacity
New Delhi : Adani to invest Rs 2.3 lakh crore in renewable energy, manufacturing capacity. : Economic Times
NTPC aims to add 3 GW of renewable energy capacity
New Delhi : Public sector power giant NTPC Ltd has set a target to add 5GW of installed capacity to meet the growing power demand in the country, the company said on Monday. : Sarkaritel.com
NTPC aims for 5 GW Capacity addition in FY 25
New Delhi : NTPC Ltd. India’s largest integrated power utility, has set a target to add 5GW of installed capacity reflecting its commitment to providing clean, reliable, and affordable energy solutions. : Sarkaritel.com
Adani begins commercial output of wafers, ingots for solar power
New Delhi : Adani begins commercial output of wafers, ingots for solar power. : Economic Times
Opinion: Taking stock of clean electricity progress in key markets
New Delhi : Opinion: Taking stock of clean electricity progress in key markets. : Economic Times
REC sanctions record Rs 3.59 lakh crore loan in FY24
New Delhi : REC sanctions record Rs 3.59 lakh crore loan in FY24. : Economic Times
REC Sanctions record Rs. 3.59 lakh crore loan in FY24
New Delhi : REC Sanctions record Rs. 3.59 lakh crore loan in FY24. : newsdrum.in
REC sanctions record Rs 3.59 lakh crore loan in FY’24
New Delhi : State-owned REC Limitd has made record loan sanctions worth Rs 3.59 lakh crore during 2023-24, posting a year-on-year rise of 33.66 percent. : psuwatch.com
Delhi’s power demand set to hit new high; utilities gear up
New Delhi : Power distribution companies in the national capital are gearing up to meet record demand for electricity amid expectations of a scorching summer as the world’s largest democracy goes to the polls. : Mint
Delhi electricity demand to cross 8GW this summer, discoms brace up
New Delhi : With a warning of a severe heatwave this summer, which would also push up electricity demand, power distribution companies (discoms) in the national capital are preparing for record demand in the coming months. : Business Standard
AI, power purchase deals to help Delhi meet summer demand of 8,000 MW
New Delhi : The use of latest technologies such as artificial intelligence and long-term power purchase agreements with other states are among the steps taken by discoms to meet the national capital’s high power demand this summer, officials said on Monday. : Business Standard
Vikram Solar appoints Narayan Lodha as chief financial officer
New Delhi : Vikram Solar Ltd has announced the appointment of Narayan Lodha as chief financial officer. Concurrently, Krishna Kumar Maskara has been promoted to president – Corporate. : pv-magazine.com
Adani Green Energy to build largest renewable energy plant
New Delhi : Adani Green Energy Limited is developing a 30 GW renewable energy plant on barren land at Khavda in Kutch of Gujarat over an area of 538 sq km after which the project would be the planet’s largest power plant. : psuconnect.in
45 Firms Now Manufacture Smart Electricity Meters For India, Reveals CEA
New Delhi : 45 Firms Now Manufacture Smart Electricity Meters For India, Reveals CEA. : saurenergy.com
India’s coal import rises 13% in February
New Delhi : India’s coal import rises 13% in February. : Economic Times
Power Minister RK Singh warns of debt trap for using borrowed money to provide free electricity
New Delhi : Power Minister RK Singh warns of debt trap for using borrowed money to provide free electricity. : Economic Times
Solar Solutions for Resilient Healthcare Systems
New Delhi : Solar Solutions for Resilient Healthcare Systems. : Economic Times
Tata Power-DDL gears up for 2,351 MW summer peak load with 2,500 MW arrangement
New Delhi : Tata Power-DDL gears up for 2,351 MW summer peak load with 2,500 MW arrangement. : Economic Times
ACME Group partners with Hydrogenious to unlock hydrogen transport from Oman to Europe
New Delhi : ACME Group partners with Hydrogenious to unlock hydrogen transport from Oman to Europe. : Economic Times
State-owned REC Ltd sanctioned record Rs 3.59 trillion loan in FY24
New Delhi : State-owned REC has made record loan sanctions worth Rs 3.59 trillion during 2023-24, posting a year-on-year rise of 33.66 per cent. : Business Standard
State-owned NTPC targets 5GW power generation capacity addition in FY25
New Delhi : State-owned power giant NTPC on Monday said it is eying 5 GW power generation capacity addition in financial year 2024-25. : Business Standard
SJVN launches 100 MW solar EPC tender
New Delhi : SJVN Green Energy Ltd, an arm of SJVN Ltd, has invited bids to set up a 100 MW solar power project on a turnkey basis in the Indian state of Rajasthan. The project is to be installed at Nawa in the Didwana Kuchaman district. : pv-magazine.com
NTPC sets target of 40 MMT coal production from captive mines in FY’25
New Delhi : NTPC Limited has set a target of 40 Million Metric Tons (MMT) of coal production from its captive mines for the fiscal FY’25. The ambitious target will help NTPC achieve significant growth of 17% of captive coal production compared to the previous fiscal. : psuwatch.com
REC Ltd shares Business Performance for FY23-24
New Delhi : According to the company’s exchange filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is informed that REC Limited has continued its growth trajectory and posted yet another financial year. : psuconnect.in
DVC organized Consumers’ Meet 2024
New Delhi : DVC organized Consumers’ Meet 2024 on the theme “Energizing Sustainability – A Path to Energy Conservation and Prosperity “for its Consumers of West Bengal at Durgapur on 05.04.2024. Around 75 numbers of retail consumers of DVC in the state of WB attended the Meet. : psuconnect.in
Director (Operations) visits NTPC Mouda for quarterly performance and station review
New Delhi : NTPC Limited’s Director (Operations) Ravindra Kumar along with Executive Director (OS) Subhra Kumar Ghosh visited to NTPC Mouda for a comprehensive quarterly performance and Station Review. : psuwatch.com
Oil and Gas
” New Delhi : In a bid to help India build a robust and efficient EV charging infrastructure, Adani TotalEnergies E-Mobility Limited (ATEL) and MG Motor India on Monday signed a memorandum of understanding (MoU), which is aimed at enabling ease of use and increased accessibility for customers.” : Sarkaritel.com
Former Gazprom unit rejects GAIL demand for compensation over non-supply of LNG
New Delhi : Former Gazprom unit rejects GAIL demand for compensation over non-supply of LNG. : Economic Times
Oil at $100? Will oil prices hit a century this summer as a global shortage take hold?
New Delhi : Oil at $100? Will oil prices hit a century this summer as a global shortage take hold?. : Economic Times
Despite $90 crude, US oil output capped by weak natgas prices
New Delhi : Despite $90 crude, US oil o.utput capped by weak natgas prices : Economic Times
India’s fuel demand hits new FY record, up about 5%
New Delhi : India’s fuel consumption fell 0.6% year-on-year in March, but demand for the 2024 financial year was up about 5%, primarily driven by higher automotive fuel and naphtha sales. : Economic Times
As talks with Kurds fail, Iraq repairs pipeline to supply oil to Turkey
New Delhi : Baghdad is repairing a pipeline that could allow it to send 350,000 barrels per day (bpd) to Turkey by the end of the month, an Iraqi deputy oil minister said on Monday, a step likely to rile oil foreign companies and the Kurdistan Regional Government (KRG). : Business Standard
India’s fuel demand hits new FY record, up about 5%
New Delhi : India’s fuel demand hits new FY record, up about 5%. : Economic Times
Opinion: Asia takes LNG that Europe doesn’t need as spot price stays muted
New Delhi : Opinion: Asia takes LNG that Europe doesn’t need as spot price stays muted. : Economic Times
Share of Russian oil in India’s imports rises to 35% in FY24
New Delhi : Russia captured a larger share of India’s crude imports in the just-ended fiscal year despite narrowing discounts on its oil and sanctions imposed by G7 nations due its invasion of Ukraine. : Economic Times
Oil stabilises after surging over 4% last week; brent crude at $91.01/bbl
New Delhi : The global oil benchmark Brent stabilized above $91 per barrel on Monday, paring back initial declines triggered by Israel’s withdrawal of additional troops from Gaza and its commitment to new discussions regarding a potential ceasefire in the Middle East conflict. : Mint
Oil prices edge lower on Israel-Gaza ceasefire talks after 6 months of war
New Delhi : Oil drifted lower on Monday after Israel withdrew more soldiers from Gaza and committed to fresh talks on a potential ceasefire in the six-month conflict in the Middle East. : Business Standard
Check out today’s Petrol and Diesel prices in your city on April 8
New Delhi : Oil marketing companies (OMCs) unveil the prices of petrol and diesel daily at 6 am, irrespective of market fluctuations. This pricing strategy, managed by OMCs, is closely tied to changes in global crude oil prices and foreign exchange rates. : indiainfoline.com
