17-May-2024
Power
” New Delhi : NHPC, India’s premier hydropower company is observing ‘Swachhta Pakhwada 2024’ at its Corporate Office and all its Regional Offices, Projects and Power Stations across the country from 16th May to 31st May 2024 as per guidelines issued by the Government of India.” : Sarkaritel.com
” New Delhi : DVC started observation of 15 day longSwachhtaPakhwada on 16.05.2024 at its headquarters with the objective of bringing a fortnight of intense focus on the issues and practices of cleanliness at office spaces and the society in general.” : Sarkaritel.com
” New Delhi : NTPC Bongaigaon, launches its Swachhata Pakhwada initiative with fervor, rallying over 150 members to champion the cause of cleanliness and environmental awareness.” : Sarkaritel.com
NLCIL’s PAT surges to ?1,847 crore, up 48% YoY
New Delhi : NLCIL’s PAT surges to ?1,847 crore, up 48% YoY. : Economic Times
PowerGrid honoured BHEL at CEO Meet 2024
New Delhi : Bharat Heavy Electricals Limited has been honoured by POWERGRID at the CEO Meet 2024 for its remarkable achievement in commissioning three critical substations under the Neemuch REZ TBCB project ahead of the contractual schedule, despite facing initial challenges. : psuconnect.in
Adani Energy Solutions acquires Essar’s Mahan-Sipat transmission assets for Rs 1,900 crore
New Delhi : Adani Energy Solutions Ltd (AESL), on Thursday, announced that it has acquired 100 per cent stake in Essar Transco Ltd for Rs 1,900 crore. : Sarkaritel.com
CPSUs exempted from state approval for solar park charges: MNRE
New Delhi : CPSUs exempted from state approval for solar park charges: MNRE. : Economic Times
Reliance completes sale of REC Solar Norway
New Delhi : Reliance completes sale of REC Solar Norway. : Economic Times
Enfinity Global, CPP Investments to power 2 mn homes in India with $135 mn renewable deal
New Delhi : Enfinity Global, CPP Investments to power 2 mn homes in India with $135 mn renewable deal. : Economic Times
Rajasthan aims for 90 GW of renewable energy by 2030, focus on solar and wind
New Delhi : Rajasthan aims for 90 GW of renewable energy by 2030, focus on solar and wind. : Economic Times
Morocco to almost double its energy capacity by 2027: minister
New Delhi : Morocco to almost double its energy capacity by 2027: minister. : Economic Times
IEX reports 13.7% increase in annual volume, revenue up 16.2% in FY’24
New Delhi : IEX reports 13.7% increase in annual volume, revenue up 16.2% in FY’24. : Economic Times
Electrification of railway network in Tripura to be completed before August this year
New Delhi : Electrification of railway network in Tripura to be completed before August this year. : Economic Times
Delhi’s power demand peaks at 6,780 MW; may reach 8,000 MW this summer: Discoms
New Delhi : With the day temperature spiralling up with each passing day, Delhi’s power demand shot to 6,780 MW on Thursday — the highest this summer so far, discom officials said. : Economic Times
Bhilai Steel Plant To Setup Solar Plant In Its Township
New Delhi : Bhilai Steel Plant To Setup Solar Plant In Its Township. : saurenergy.com
India’s Annual RE Capacity To Remain At 15-18GW Over FY25-FY26: Report
New Delhi : India’s Annual RE Capacity To Remain At 15-18GW Over FY25-FY26: Report. : saurenergy.com
Global Energy Shift: ET Energy Leadership Summit in New Delhi to set the agenda for 2047
New Delhi : Global Energy Shift: ET Energy Leadership Summit in New Delhi to set the agenda for 2047. : Economic Times
Adani Energy Solutions acquires Essar Transco for ?1,900 crore, expands Central India presence
New Delhi : Adani Energy Solutions acquires Essar Transco for ?1,900 crore, expands Central India presence. : Economic Times
IEX Q4 net profit grows 9.5 pc to Rs 97 cr
New Delhi : IEX Q4 net profit grows 9.5 pc to Rs 97 cr. : Economic Times
GP Eco to raise up to ?35 crore via IPO to expand solar operations
New Delhi : GP Eco to raise up to ?35 crore via IPO to expand solar operations. : Economic Times
Enfinity Global enters into $135 mn financing for 1.2 GW of solar and wind projects in India
New Delhi : US-based renewable energy (RE) company Enfinity Global Inc. on Thursday announced that it has signed a deal for $135 million in financing for the development and construction of 1.2 GW of solar and wind projects in India. : Mint
Maharashtra extends bidding for 5 GW of solar
New Delhi : In March, Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) had issued a single tender for procuring up to 1.6 GW of coal-based power and up to 5 GW of solar power. Bidders are mandatorily required to offer both the capacities in full. : pv-magazine.com
Inauguration Of Girls Empowerment Mission At NTPC Unchahar
New Delhi : The NTPC has taken the initiative for the empowerment of rural young girls. With a commitment to make India self-reliant in the energy sector through continuous electricity generation, NTPC has launched a massive campaign to nurture the hidden talent of young girls around its projects with equal responsibility and sensitivity. : indianpsu.com
NTPC Lights The Torch Of Cleanliness
New Delhi : Keeping the cleanliness mission of Government of India in its resolutions, NTPC Unchahar is celebrating Swachhta Pakhwada, which was started by taking out Swachhta Prabhat Pheri. : indianpsu.com
Sushil Sharma, CMD, SJVN Leads Swachhta Pledge for Employee Commitment to Cleanliness
Shimla : SJVN is observing Swachhta Pakhwada 2024 in all its Projects & Offices from 16th to 31st May 2024. Sh. Sushil Sharma, Chairman & Managing Director, SJVN today administered Swachhta Pledge to employees at Liaison Office, New Delhi.sh : psuconnect.in
NTPC Bongaigaon launches Swachhata Pakhwada with more than 150 members
Bongaigaon : NTPC Bongaigaon, launches its Swachhata Pakhwada initiative with fervor, rallying over 150 members to champion the cause of cleanliness and environmental awareness . Running from 16.05.2024 to 31.05.2024. : psuconnect.in
Chitradurga, Bellary Emerge As New RE Hotspots In Karnataka
New Delhi : Chitradurga, Bellary Emerge As New RE Hotspots In Karnataka. : saurenergy.com
Bangladesh seeking consultants for 100 MW solar plant
New Delhi : Bangladesh’s Ministry of Energy, Power and Mineral Resources has kicked off a consultancy tender for a proposed 100 MW solar plant in the village of Kalapara, in the south-central part of the country. : pv-magazine.com
NTPC Bongaigaon Hosts Bohagi and Bwisagu Celebrations embracing Assamese cultural traditions
New Delhi : NTPC Bongaigaon, under the aegis of the Employee Welfare Association of the power station joyously commemorated the Bohagi Utsav on May 12, 2024, marking the culmination of the Assamese New Year festivities which commenced on April 12, 2024. : psuconnect.in
Cleanliness Fortnight 2024 inaugurated at NTPC Kaniha
New Delhi : Swachhta Pakhwada is being celebrated at NTPC Kaniha from 16.05.2024 to 31.05.2024 towards realizing Mahatma Gandhi’s dream of ‘Clean India’. : psuconnect.in
Oil and Gas
GAIL reports Annual Revenue of Rs 1,30,638 crore, PBT Rs 11,555 crore (up by 75%) & PAT Rs 8,836 crore (up by 67%) in FY 2024
New Delhi : GAIL (India) Limited reported Profit before Tax (PBT) of Rs 11,555 in FY24, up 75 % from Rs 6,584 crore in FY23. Profit after Tax (PAT) in FY24 stood at Rs 8,836 crore as against Rs 5,302 crore in FY23, an increase of 67 %, while Revenue from Operations stood at Rs 1,30,638 crore in FY24 as against Rs 1,44,302 crore in FY23. : Sarkaritel.com
ONGC, Oil India to get relief as Centre cuts windfall tax on crude oil
New Delhi : The Central government has cut the windfall tax on petroleum crude to 5,700 rupees ($68.34) per metric ton from 8,400 rupees with effect from Thursday, as part of its fortnightly revision that is calibrated with global prices. : Sarkaritel.com
Oil India stock up 5% on bonus issue plan; cut in windfall tax aids rally
New Delhi : Shares of Oil India rallied 5 per cent to Rs 663 on the BSE in Thursday’s intra-day trade after the company said its board will consider bonus issue in forthcoming meeting on Monday, May 20. : Business Standard
GAIL Q4 Results: Net profit triples on gas transmission business turnaround
New Delhi : State-owned gas utility GAIL (India) Ltd on Thursday reported more than tripling of its fourth quarter net profit after the natural gas transmission and petrochemical business saw a turnaround. : Economic Times
GAIL Q4FY24 results: Net profit soars 260% YoY but falls 23% sequentially; total income declines
New Delhi : India’s largest natural gas company GAIL declared results for the quarter ended March 2024 (Q4FY24). The company posted a 260 percent jump in its March quarter standalone net profit at ?2,177 crore as against ?603.5 crore in the same period last year. : Mint
GAIL Q4 results: Maharatna natural gas firm’s net profit slips below estimates
New Delhi : India’s largest natural gas company, GAIL (India) Ltd, posted a net profit of ?2,177 crore in the fourth quarter of the financial year 2024, which dropped more than 23% on a sequential basis owing to lower revenues and weaker than expected performance in the gas marketing segment. : cnbc.com
IEA lowers global oil-demand growth forecast for 2024
New Delhi : IEA lowers global oil-demand growth forecast for 2024. : Economic Times
Reliance faces many hurdles in getting crucial crude delivered as global market struggles
New Delhi : A dearth of heavy crude is forcing one of the world’s biggest buyers to go the extra mile to get the barrels it needs, offering another example of how sanctions and OPEC+ curbs are recasting the supply chain. : Economic Times
Gail Q4 results: Profit slips 22% at Rs 2,177 cr from Q3, revenue down 6%
New Delhi : State-run Gas Authority of India Limited (Gail) on Thursday reported a consolidated net profit of Rs 2,176.97 crore for the fourth quarter (Q4) of financial year 2023-24 (FY24). : Business Standard
New & Renewable Energy Secretary addresses World Hydrogen Summit 2024
New Delhi : Secretary, Ministry of New & Renewable Energy, Government of India, Shri Bhupinder Singh Bhalla addressed the World Hydrogen Summit 2024 in Rotterdam, Netherlands on May 15, 2024, highlighting India’s strategic vision and capabilities in the domain of renewable energy and green hydrogen production. : indianpsu.com
GAIL India Q4 results, 22 percent fall in net profit
New Delhi : GAIL (India) Ltd reported 22 percent decline in consolidated net profit at Rs 2,474.31 crore in the fourth quarter of the financial year 2023-24 from the last quarter. : psuconnect.in
NRL signed MoU with IFFCO
New Delhi : Numaligarh Refinery Limited signed an MoU with IFFCO for supply to 70,000 Metric tonnes per annum of Sulphur post Refinery Expansion to be utilized in the Fertilizer plant of IFFCO in Paradeep, Odisha. : psuconnect.in
GAIL Q4 Results: Profit Down 22.5% On Weak Operational Performance
New Delhi : GAIL (India) Ltd.’s net profit declined in the fourth quarter of fiscal 2024 due to weak operational performance. : NDTV Profit
GAIL reports 22% sequential decline in Q4 net profit to Rs 2,474 crore; shares fall 4%
New Delhi : GAIL (India) Ltd on May 16 reported 22 percent decline in consolidated net profit at Rs 2,474.31 crore in the fourth quarter of financial year 2023-24 from the last quarter amid weak performance of its gas marketing segment. : Moneycontrol.com
Govt slashes windfall tax on domestic crude to Rs 5,700/tonne
New Delhi : Govt slashes windfall tax on domestic crude to Rs 5,700/tonne. : Economic Times
Electioneering at its peak but diesel sales slide, petrol almost flat
New Delhi : Electioneering at its peak but diesel sales slide, petrol almost flat. : Economic Times
Magda Chambriard, new Petrobras CEO, charged by Lula with firing up job creation
New Delhi : Magda Chambriard, new Petrobras CEO, charged by Lula with firing up job creation. : Economic Times
How Europe reduced its greenhouse gas emissions last year
New Delhi : How Europe reduced its greenhouse gas emissions last year. : Economic Times
Govt extends oil exploration licensing bid deadline to July 15
New Delhi : The Centre extended for the second time the deadline for submitting bids in the latest auction of oil and gas exploration licences. : Economic Times
Lower crude oil prices likely to tilt imports towards Iraq and UAE
New Delhi : Industry sources have said that crude oil purchases in the first quarter (April-June) of 2024-25 would remain tilted towards Russia if Brent crude prices remain above $81 per barrel, officials at state-owned refiners said. : Business Standard
IGL appoints Dr Simrit Kaur as Additional and Independent Director
New Delhi : As per the company’s exchange filing, This is further to our letter dated May 7, 2024 wherein it was informed that Board in its meeting held on May 7, 2024, appointed Prof. Dr. Simrit Kaur as an Additional and Independent Director of the Company. : psuconnect.in
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On May 16
New Delhi : Petrol and Diesel Prices On May 16, 2024: Oil marketing companies have released petrol and diesel prices for May 16, 2024. The price of petrol and diesel is released daily. In such a situation, the driver should get petrol refilled after checking the latest rates. Let us tell you that fuel prices are different in all the cities. : news18.com
