16-Apr-2024

Power

” New Delhi : The CISF Fire Wing at NTPC Bongaigaon marked the National Fire Service Week 2024 with a series of impactful activities and demonstrations, reinforcing the critical message of fire safety and preparedness.” : Sarkaritel.com

” New Delhi : NHPC, India’s premier hydropower company organized a special programme to commemorate the 133rd birth anniversary of Bharat Ratna Babasaheb Dr. Bhimrao Ambedkar at its Corporate Office, Faridabad on 15th April, 2024.” : Sarkaritel.com

Power Ministry asks imported coal-based plants to run at full capacity till Oct 15

New Delhi : The Ministry of Power has asked all thermal plants using imported coal to operate at full capacity for another three and a half months till October 15 to avoid electricity shortage amid rising demand in the country. : psuwatch.com

NTPC-REL Seeks Bids For Power Cables At 1200 MW Project In Khavda

New Delhi : NTPC-REL Seeks Bids For Power Cables At 1200 MW Project In Khavda. : saurenergy.com

India adds record 18 GW renewable energy capacity in FY24

New Delhi : India adds record 18 GW renewable energy capacity in FY24. : Economic Times

India braces for summer heat: Gas-based power stations set for full operation

New Delhi : India braces for summer heat: Gas-based power stations set for full operation. : Economic Times

Tata Power hits 100 million green kilometers with EV charging network

New Delhi : Tata Power hits 100 million green kilometers with EV charging network. : Economic Times

Discoms prefer new-age RE tenders over plain vanilla solar, wind: Experts

New Delhi : Discoms prefer new-age RE tenders over plain vanilla solar, wind: Experts. : Economic Times

RP sets date for second bidding for KSK Mahanadi resolution

New Delhi : The resolution professional (RP) for the KSK Mahanadi Power Co Ltd has set April 26 as the date for fresh expressions of interest (EOI) to take over the 1800 MW power plant in a second round of bidding after plans by creditors Power Finance Corp (PFC) and Rural Electrification Corp (REC) to take over the company did not receive government approval. : Economic Times

Solar cell prices fall for 3rd consecutive week

New Delhi : FOB China prices for cells faced another round of declines this week, continuing to be impacted by widespread price drops across the upstream segments. : pv-magazine.com

JSW Acquires 45 MW Wind Project From Reliance In Maharashtra

New Delhi : JSW Acquires 45 MW Wind Project From Reliance In Maharashtra. : saurenergy.com

BII, FMO back BECIS with joint $50-mn financing facility for renewables in India, southeast Asia

New Delhi : BII, FMO back BECIS with joint $50-mn financing facility for renewables in India, southeast Asia. : Economic Times

Power Min asks imported coal-based plants to run at full capacity till Oct 15

Mahindra Susten to set up 150 MW hybrid wind-solar plant

New Delhi : Mahindra and Mahindra (M&M) Group announced today that it will develop a 150 MW hybrid RE (solar + wind) project at a total project cost of about INR 1,200 crore (around $143.82 million). : pv-magazine.com

Mahindra Group to invest Rs 1,200 crore to set up 150 MW hybrid project in Maharashtra

New Delhi : Mahindra Susten on Monday said it will foray into the hybrid renewable energy segment by setting up a Rs 1,200-crore 150-megawatt solar wind energy project in Maharashtra. : psuwatch.com

Government Sets Coal Production Target at 170 Million Tonnes for FY25

New Delhi : According to the additional secretary of coal, M Nagaraju, the government aims to produce 170 million tonnes of coal from captive and commercial coal blocks in the upcoming financial year. Representatives from 74 coal mines participated in the review meeting, expressing confidence in achieving the set target. : psuconnect.in

Mahindra Susten Enters Hybrid RE Segment With 150MW Projects

New Delhi : Mahindra Susten Enters Hybrid RE Segment With 150MW Projects. : saurenergy.com

BPCL Awards 52 MW Solar Consultancy Contract To Ahasolar Technologies

New Delhi : BPCL Awards 52 MW Solar Consultancy Contract To Ahasolar Technologies. : saurenergy.com

Mahindra Group to invest nearly Rs 1,200 cr in renewable energy projects

Power Minister R K Singh Says, India Is One Of The Lowest Carbon Emitters In World & Emerged As Global Leader In Energy Transition

New Delhi : India is one of the lowest carbon emitters in the world and it has emerged as a world leader in energy transition. This was stated by Power Minister R K Singh while inaugurating the first international conference on Green Hydrogen in New Delhi today. : newsonair.com

Oil and Gas

GAIL plans to double capacity at its Dabhol LNG terminal

New Delhi : GAIL is planning to more than double the capacity of its LNG terminal at Dabhol, Maharashtra, and build new terminals in the country to tap opportunities expected to emerge from the future growth in gas imports. : Economic Times

Niger and China sign crude oil MoU worth USD 400 mn

New Delhi : Niger and China sign crude oil MoU worth USD 400 mn. : Economic Times

Govt raises windfall tax on petroleum crude

New Delhi : India on Monday raised windfall tax on petroleum crude. : Economic Times

Oil prices subdued, energy security concerns escalate on West Asia tensions

New Delhi : Global crude oil prices ticked lower on Monday as traders assessed the extent of damage and associated risks following Iran’s attack on Israel’s military facilities. : Mint

Crude oil prices can hit $100 a barrel if Iran-Israel tensions escalate, say experts

New Delhi : With the tensions in the Middle East escalating, experts believe that crude oil prices can hit $100 per barrel in the near future if tensions increase. : Mint

India raises windfall tax on petroleum crude to ?9,600 effective from April 16

New Delhi : The Indian government announced on April 15, Monday, that it has increased the windfall tax on petroleum crude from ?6,800 to ?9,600 per metric ton, effective April 16. : Mint

Crude oil sheds more than $1 per barrel after Iran’s attack on Israel

New Delhi : Oil prices sank by about 1% a barrel on Monday after Iran’s weekend attack on Israel proved to be less damaging than anticipated, easing concerns of a quickly intensifying conflict that could displace crude barrels. : Business Standard

Growing tensions in Middle East heighten global oil security risks, says IEA

New Delhi : Commenting on the escalation in tension in the Middle East, the International Energy Agency (IEA) flagged the risk of increased volatility in global oil markets and stressed the importance of maintaining oil security. : psuwatch.com

BPCL Awards 52 MW Solar Consultancy Contract To Ahasolar Technologies

New Delhi : BPCL Awards 52 MW Solar Consultancy Contract To Ahasolar Technologies. : saurenergy.com

Oil prices fall after Iran attack as market draws down risk premium

New Delhi : Oil prices fall after Iran attack as market draws down risk premium. : Economic Times

India braces for summer heat: Gas-based power stations set for full operation

New Delhi : India braces for summer heat: Gas-based power stations set for full operation. : Economic Times

Oil demand growth slows to 1.6 mb/d, non-OPEC+ set to boost output by 1.6 mb/d in 2024: IEA

New Delhi : Oil demand growth slows to 1.6 mb/d, non-OPEC+ set to boost output by 1.6 mb/d in 2024: IEA. : Economic Times

RIL and Nayara now sell a 4th of India’s bulk diesel

New Delhi : RIL and Nayara now sell a 4th of India’s bulk diesel. : Economic Times

Oil and gas sector witnesses 22% rise in job hiring in March this year: Report

New Delhi : The white-collar hiring witnessed an 11% correction in March 2024 as compared to the same period last year. According to the Naukri JobSpeak Index, hiring last month stood at 2,657 across all sectors. : Mint

Oil prices decline as risk premium eases following Iran attack; brent crude at $89.64/bbl

New Delhi : Oil prices saw a downward drift on Monday, as the market seemed to minimize concerns about a wider regional conflict following Iran’s weekend attack on Israel. : Mint

Nigeria to Compel Oil Firms to Sell Crude to Domestic Refineries

New Delhi : Nigeria released new rules that will compel its oil producers to sell crude to domestic refineries in a bid to reverse the country’s reliance on imported refined products. : Mint

Govt raises windfall tax on petroleum crude to Rs 9,600 per MT from Apr 16

New Delhi : The Indian government has raised its windfall tax on petroleum crude to 9,600 rupees ($114.99) a metric ton from 6,800 rupees with effect from April 16, the government said on Monday. : Business Standard

Russia restoring crude oil refining capacity knocked out by drones

New Delhi : Russia has been able to swiftly repair some of key oil refineries hit by Ukrainian drones, reducing capacity idled by the attacks to about 10% from almost 14% at the end of March, Reuters calculations showed. : Business Standard

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On April 15

New Delhi : Petrol and Diesel Prices On April 15, 2024: Crude oil prices are again seen to be moving towards $100 per barrel as Iran launched attacks against Israel on April 13, putting strain on import-dependent India. : news18.com