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MEDIA UPDATE (May 27, 2024)

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27-May-2024

Power

NTPC declares FY24 Audited Results; NTPC Group Electricity Generation up by 6%, PAT up by 25%

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New Delhi : NTPC Ltd., India’s largest integrated power utility, with an installed group capacity of 76,015 MW, has declared the financial results for the financial year 2023-24, on 24th May, 2024. : Sarkaritel.com

NHPC conferred with The Economic Times HR World Future Ready Organization Award 2024-25

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New Delhi : NHPC, a state-owned entity, India’s premier hydropower company, has been conferred with the prestigious ‘The Economic Times HR World Future Ready Organization Award 2024-25’. : psuconnect.in

Suzlon Energy profit down 21 pc to Rs 254 cr in Q4

New Delhi : Suzlon Energy profit down 21 pc to Rs 254 cr in Q4. : Economic Times

Adani Solar to expand its business base in Kerala

New Delhi : Adani Solar to expand its business base in Kerala. : Economic Times

NTPC Q4 Results: Net profit jumps 33% YoY to Rs 6,490 crore; dividend declared at Rs 3.25 per share

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New Delhi : NTPC Q4 Results: Net profit jumps 33% YoY to Rs 6,490 crore; dividend declared at Rs 3.25 per share. : Economic Times

Tata Power seeks up to $1 billion loan for clean energy projects

New Delhi : Tata Power seeks up to $1 billion loan for clean energy projects. : Economic Times

Peak power demand hits season’s new high of nearly 240 GW on Friday

New Delhi : India’s peak power demand hit the season’s new high of 239.96 GW on Friday, due to soaring mercury levels in various parts of the country, which compelled excessive use of cooling appliances like air conditioners and coolers. : Economic Times

NCLT halts Hiranmaye Energy resolution plan

New Delhi : The Kolkata bench of the bankruptcy court halted the corporate insolvency resolution process (CIRP) of thermal power company Hiranmaye Energy on the promoter’s plea that lenders should consider its ?1,101.5 crore settlement offer, which is about one-fifth of the lenders’ debt, showed a tribunal order. : Economic Times

Adani Ent, Adani Energy Solutions to consider fundraising next week

New Delhi : The board of directors of two Adani group companies —Adani Enterprises and Adani Energy Solutions — are scheduled to meet this week to consider proposals on fundraising. : Economic Times

Peak power demand hits season’s new high of nearly 240 GW on Friday

New Delhi : India’s peak power demand hit the season’s new high of 239.96 GW on Friday, due to soaring mercury levels in various parts of the country, which compelled excessive use of cooling appliances like air conditioners and coolers. : Business Standard

NTPC DECLARES FY24 AUDITED RESULTS; GROUP ELECTRICITY GENERATION UP BY 6%, PAT UP BY 25%

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New Delhi : NTPC Ltd., India’s largest integrated power utility, with an installed group capacity of 76,015 MW, has declared the financial results for the financial year 2023-24, on 24th May, 2024. : globalgreenews.com

NTPC Declares FY24 Audited Results: NTPC Group Electricity Generation Up By 6%, PAT Up By 25%

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New Delhi : NTPC Limited, India’s largest integrated power utility, reported its financial results for the fiscal year 2023-24 on May 24, 2024. : indianpsu.com

NTPC FY24: Generation surges to 422 billion units, profits climb to ?21,332 crore

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New Delhi : NTPC FY24: Generation surges to 422 billion units, profits climb to ?21,332 crore. : Economic Times

IndiGrid revenue up 31% to ?7,856 million, NDCF grows 30% in Q4

New Delhi : IndiGrid revenue up 31% to ?7,856 million, NDCF grows 30% in Q4. : Economic Times

Orient Green Power Q4 loss widens to Rs 25 crore

New Delhi : Orient Green Power Q4 .loss widens to Rs 25 crore : Economic Times

KPTCL recruits 902 personnel to ensure efficient power supply in Karnataka

New Delhi : KPTCL recruits 902 personnel to ensure efficient power supply in Karnataka. : Economic Times

NTPC proposes pooling entire capacity for supply to power distribution companies

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New Delhi : State-owned NTPC Ltd has written to the power ministry proposing pooling of its “entire capacity” for sale of power to distribution companies, according to people aware of the development. : Economic Times

Reliance’s tech pact with Norway’s Nel to accelerate new energy investments

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New Delhi : Reliance Industries Ltd’s technology partnership with Norway’s Nel ASA will help accelerate its new energy investments, including in the production of green hydrogen that will aid billionaire Mukesh Ambani’s pivot towards green energy. : Business Standard

Electricity subsidies are getting done better

New Delhi : There is an increasing use, by policymakers, of explicit electricity subsidies that are transparent to the recipient and explicitly paid by the exchequer. : Business Standard

Rising summer temperatures push power demand in India

New Delhi : Weather advisories have warned of severe heatwave conditions across most of northern India. Rising summer temperatures have pushed power demand, with numbers rising closer to the power ministry’s projected peak of 260 gigawatts (Gw) this summer. : Business Standard

NTPC SRHQ ORGANIZES SWACHHATA DRIVE AT ICONIC CHARMINAR IN HYDERABAD

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New Delhi : NTPC SRHQ organized a Swachhata drive at the iconic Charminar, reinforcing their commitment to cleanliness and hygiene as part of the ongoing Swachhata Pakhwada initiative. : globalgreenews.com

Peak power demand hits season’s new high of nearly 240 GW on Friday

New Delhi : India’s peak power demand hit the season’s new high of 239.96 GW on Friday, due to soaring mercury levels in various parts of the country, which compelled excessive use of cooling appliances like air conditioners and coolers. : psuwatch.com

NTPC successfully concludes National Finales of Power Quiz 2024 and Medha Pratiyogita 2024

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New Delhi : NTPC hosted the National Finales of the Power Quiz 2024 and Medha Pratiyogita 2024 at the Power Management Institute (PMI), Noida, celebrating an enriching journey of learning, knowledge sharing, and healthy competition among employees and their families. : psuconnect.in


Oil and Gas

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” New Delhi : OIL and NRL are setting up around 8 to 10 Compressed Bio-Gas Plants in different districts of Assam and other North-East states, a green initiative that would create wealth out of waste & address the burgeoning problem of waste management in towns and cities in the Northeast Region.” : Sarkaritel.com

IOC, GAIL, ONGC fined for 4th straight quarter for not appointing directors

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New Delhi : State-owned oil and gas giants including IndianOil, ONGC and GAIL (India) Ltd have been slapped with fines for the fourth straight quarter for failing to meet listing requirements of having the requisite number of directors on their board. : Business Standard

Reliance Power Q4 results: Net loss at Rs 397 cr on increased fuel cost

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New Delhi : Reliance Power Ltd on Saturday reported a consolidated loss of Rs 397.66 crore during the March quarter, mainly on account of increased cost of fuel consumed. : Business Standard

Petroleum Secretary inaugurates GAIL’s 10 MW Green Hydrogen Plant in MP

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New Delhi : Marking a major step towards foraying into new and alternate energy and inline with the National Green Hydrogen Mission (NHM), GAIL (India) Limited has installed its first Green Hydrogen Plant at GAIL Vijaipur in Madhya Pradesh. : psuwatch.com

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” New Delhi : Oil India Limited (OIL) and Numaligarh Refinery Limited (NRL NRL) are setting up around 8 to 10 compressed bio-gas (CBG) Plants in different districts of Assam and other North-East states, a green initiative that would create wealth out of waste and address the burgeoning problem of waste management in towns and cities in the North East Region.” : psuwatch.com

GAIL commences first green hydrogen plant under national green hydrogen mission

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New Delhi : The first hydrogen green plant by State-owned GAIL (Gas Authority of India Ltd) was inaugurated in Madhya Pradesh. The plant was inaugurated by the Secretary, Ministry of Petroleum & Natural Gas, Pankaj Jain, and GAIL Chairman and Managing Director Sandeep Gupta. : psuconnect.in

GAIL commissions its first green hydrogen plant under national green hydrogen mission

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New Delhi : The first hydrogen green plant by GAIL (Gas Authority of India Ltd) was inaugurated on Friday in Madhya Pradesh. The plant marks a major step towards new and alternate energy and has been installed in line with the National Green Hydrogen Mission. : Mint

Numaligarh Refinery, Oil India setting up several compressed bio-gas plants in north east

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Guwahati : Assam based Numaligarh Refinery Limited (NRL) and Oil India Limited (OIL) are setting up around eight to ten Compressed Bio-Gas Plants in different districts of Assam and other North-East states, a green initiative that would create wealth out of waste & address the burgeoning problem of waste management in towns and cities in the North East Region. : Economic Times

Oil posts weekly loss as interest rate policy spurs fuel demand worries

New Delhi : Oil prices rose about 1% on Friday, but fell for the week on worries that strong U.S. economic data would keep interest rates elevated for a longer period, curbing fuel demand. : theprint.in

Petrol Diesel Price Today: Check Latest Fuel Prices In Your City On May 25

New Delhi : Petrol and Diesel Prices On May 25, 2024: Fresh petrol and diesel prices have been released nationwide on Friday, May 25. Fuel prices in the country are decided based on international crude oil prices. : news18.com

New rules on gas cylinders are coming into effect from June 1. It is important for everyone to know this

New Delhi : There is great news for LPG gas cylinder consumers today. If you also use LPG gas cylinder in your home, then the new rules will change from June 1. Subsidies of many people will be stopped and many people will suffer huge losses. LPG gas cylinder will be given with a discount. : timesnownews

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