28-May-2024
Power
” New Delhi : CMD, PFC receiving the prestigious “CSR Champion” Award at the ‘Outlook Sustainability Summit & Awards 2024’ held in Goa last night; Madam received the Award from V. Srinivas, Secretary, DARPG, Govt of India in presence of dignitaries from DPE, IIT Goa and Outlook.” : Sarkaritel.com
” New Delhi : Akhilesh Singh has been appointed as Project Head of NTPC Bongaigaon, the 750 MW NTPC flagship power station of NTPC in Assam with effect from 27.05.2024. Prior to joining NTPC Bongaigaon, Singh held the position of Head of Project of NTPC Lara, Chhattisgarh generating 1600 MW. Singh has succeeded K. C. Muraleedharan who has been relocated to NTPC Dadri as Head of Project.” : Sarkaritel.com
NTPC extends bidding for 630 MW of solar
New Delhi : NTPC Renewable Energy Ltd (NTPC REL) has invited bids to install and commission 630 MW of grid-connected solar PV projects in Barethi, Madhya Pradesh. : pv-magazine.com
NHPC Honoured with ‘The Economic Times HR World Future Ready Organization Award 2024-25’
New Delhi : NHPC, India’s premier hydropower company, has been bestowed with the prestigious ‘The Economic Times HR World Future Ready Organization Award 2024-25’. : calcalistech.com
SunSource’s Kushagra Nandan launches bioenergy firm REnergy Dynamics with Varun Karad
New Delhi : SunSource’s Kushagra Nandan launches bioenergy firm REnergy Dynamics with Varun Karad. : Economic Times
REnergy Dynamics enters renewable energy space, eyes Rs 5,000 crore order book by 2029
New Delhi : REnergy Dynamics enters renewable energy space, eyes Rs 5,000 crore order book by 2029. : Economic Times
Green jobs on the rise in India’s renewable energy industry
New Delhi : Green jobs on the rise in India’s renewable energy industry. : Economic Times
NTPC Powers ahead with Plants for Expansion, Renewable Energy Business
New Delhi : NTPC Powers ahead with Plants for Expansion, Renewable Energy Business. : Mint
Russia to build Central Asia’s first nuclear power plant in Uzbekistan
New Delhi : Russia will build a small nuclear power plant in Uzbekistan, the first such project in post-Soviet Central Asia, Uzbek President Shavkat Mirziyoyev said on Monday at a meeting with visiting Russian President Vladimir Putin. : Business Standard
Another bidding extension for 300 MW solar EPC in Andhra Pradesh
New Delhi : Solar Energy Corp. of India Ltd (SECI) has extended the bidding for 300 MW of ground-mount solar power projects in Andhra Pradesh by two weeks. : pv-magazine.com
Q4 Results: Suzlon Reports 30% Rise In Revenue, 20% Dip In PAT
New Delhi : Q4 Results: Suzlon Reports 30% Rise In Revenue, 20% Dip In PAT. : saurenergy.com
Winners of NTPC’s 1.5 GW Tranche III Solar Auction
New Delhi : Winners of NTPC’s 1.5 GW Tranche III Solar Auction. : mercomindia.com
Karnataka Issues Guidelines to Expedite Rooftop solar Installations
New Delhi : Karnataka Issues Guidelines to Expedite Rooftop solar Installations. : mercomindia.com
Adani Energy Solutions to raise up to Rs 12,500 crore
New Delhi : Adani Energy Solutions Ltd (AESL) on Monday said that its board has approved to raise funds not exceeding Rs 12,500 crore through Qualified Institutional Placement (QIP) or other permissible mode in accordance with the applicable laws, in one or more tranches. : Sarkaritel.com
What caused the magical burst of solar capacity growth in first quarter of 2024
New Delhi : What caused the magical burst of solar capacity growth in first quarter of 2024. : Economic Times
NTPC appoints Akhilesh Singh as new head of Bongaigaon unit
New Delhi : NTPC appoints Akhilesh Singh as new head of Bongaigaon unit. : Economic Times
Hyundai India installs 180 kW DC fast charging station in Chennai
New Delhi : Hyundai India installs 180 kW DC fast charging station in Chennai. : Economic Times
Could MSMEs provide a second chance for solar thermal technologies?
New Delhi : Could MSMEs provide a second chance for solar thermal technologies?. : 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
Cyclone Remal ravages West Bengal, leaves millions without electricity
Kolkata : Strong winds and heavy rain pounded the coastal regions of Bangladesh and India as severe cyclone Remal made landfall late on Sunday, leaving millions without electricity after power poles fell and some trees were uprooted by gusty winds. : Business Standard
India’s solar module exports hit $1.97 billion in fiscal 2023-24
New Delhi : India’s solar module exports were 91% up to $1,969.13 million in fiscal 2023-24. USA was the biggest destination with modules shipments to the nation totalling $1,939.92 million (98.5% of India’s total module exports). : pv-magazine.com
PESB RECOMMENDS AJAY KUMAR SHARMA AS DIRECTOR (PERSONNEL) OF SJVN
New Delhi : The Public Enterprises Selection Board (PESB) has recommended Shri Ajay Kumar Sharma for the post of Director (Personnel) of SJVN, a leading Public Sector Undertaking under Ministry of Power. : globalgreenews.com
SJVN Commemorated its 37th Raising Day with Grand Celebration
New Delhi : SJVN celebrated its 37th Raising Day across all its Offices & Projects in India & Nepal on 24th May. The main function was held at Shimla which was inaugurated by Chairman & Managing Director, Sh. Sushil Sharma by unfurling SJVN Corporate Flag. : psuconnect.in
Q4 Results: NTPC Reports 9% Jump In Revenues, 33% In Profits
New Delhi : Q4 Results: NTPC Reports 9% Jump In Revenues, 33% In Profits. : saurenergy.com
MNRE Adds 3.5 GW of New Solar Module Capacity to ALMM
New Delhi : MNRE Adds 3.5 GW of New Solar Module Capacity to ALMM. : mercomindia.com
Singareni Collieries Invites Bids for 1MW/2.5 MWh Bess at 28 MW Solar Project
New Delhi : Singareni Collieries Invites Bids for 1MW/2.5 MWh Bess at 28 MW Solar Project. : mercomindia.com
IndiGrid Q4 FY 2024 revenue grows 31% year-on-year
New Delhi : IndiGrid, India’s largest listed power sector infrastructure investment trust (InvIT), reported its consolidated revenue for the quarter ended March 31, 2024 was up 31% year-on-year to INR 7,856 million and the consolidated EBITDA was up 24% to INR 6,547 million. : pv-magazine.com
Adani Energy Solutions board approves fundraising of up to Rs 12,500 crore
New Delhi : Adani Energy Solutions said on Monday that its board has approved a fundraise of up to Rs 12,500 crore ($1.50 billion). : Business Standard
Oil and Gas
” New Delhi : MRPL has been conferred with the prestigious ‘The Economic Times HR Future Ready Organization Award 2024-25’.” : Sarkaritel.com
” New Delhi : Indian Oil on Monday handed over a state-of-the-art green hydrogen fuel cell bus to the Indian Army as part of the public sector oil giant’s objective to promote sustainable, eco-friendly transportation. A Memorandum of Understanding (MoU) was also signed between Indian Oil and the Indian Army to pioneer the deployment of hydrogen fuel cell technology for heavy-duty e-mobility.” : Sarkaritel.com
GAIL’s 10 MW green hydrogen plant in Madhya Pradesh inaugurated
New Delhi : GAIL’s 10 MW green hydrogen plant in Madhya Pradesh inaugurated. : Economic Times
ONGC’s high investments to delay deleveraging: S&P
New Delhi : A step-up in investments at Oil and Natural Gas Corp (ONGC) will slow down its deleveraging over the next 12-24 months, eroding headroom for the state-owned firm’s ‘bbb+’ standalone credit profile, S&P Global Ratings said on Monday. : Economic Times
Oil companies fined for flouting board norms
New Delhi : Oil companies fined for flouting board norms. : Economic Times
Goldman Sachs expects oil demand to keep growing until 2034
New Delhi : Goldman Sachs expects oil demand to keep growing until 2034. : Economic Times
Reliance’s pact with Norway’s Nel to accelerate new energy investments
New Delhi : Reliance’s pact with Norway’s Nel to accelerate new energy investments. : Economic Times
Oil prices steady as markets turn focus to OPEC+ meeting
New Delhi : Oil prices steady as markets turn focus to OPEC+ meeting. : Economic Times
India offers a special auction of discovered small oil and gas fields
New Delhi : The Indian government has offered three discovered small oil and gas fields in the latest auction, which would close on July 15. : Economic Times
LNG terminals get busier as imports balloon
New Delhi : India’s liquefied natural gas (LNG) import terminals got busier last fiscal as imports rebounded amid easing of global gas market turbulence seen in the previous two years. : Economic Times
India’s robust LNG imports are Asia’s standout, but higher prices may weigh: Russell
Launceston, Australia : Asia’s imports of liquefied natural gas (LNG) are displaying contrasting dynamics in May, with strength in usually price-sensitive buyers like India, but a softer trend in the developed economies such as Japan and South Korea. : Economic Times
Reliance signs alkaline electrolyzer pact with Norway’s Nel
New Delhi : Reliance Industries Ltd (RIL) has announced the signing of a technology licensing agreement for Nel Hydrogen Electrolyser’s alkaline electrolyzers. : pv-magazine.com
INDIAN OIL HANDS OVER GREEN HYDROGEN FUEL CELL BUS TO INDIAN ARMY
New Delhi : In a significant milestone towards promoting sustainable, eco-friendly transportation solutions, Indian Oil has handed over a state-of-the-art green hydrogen fuel cell bus to the Indian Army. : globalgreenews.com
Indian Oil equips Indian Army with green hydrogen fuel cell bus for use in Delhi-NCR
New Delhi : Indian Oil on Monday that that it has handed over a state-of-the-art green hydrogen fuel cell bus to the Indian Army for use in Delhi-NCR. On the occasion, a memorandum of understanding (MoU) has been signed between Indian Oil and the Indian Army to pioneer the deployment of hydrogen fuel cell technology for heavy-duty e-mobility. : psuwatch.com
Govt offers two discovered oil and gas fields, one coal bed methane block in special bidding round
New Delhi : The Government has offered two discovered oil and gas fields in Mumbai offshore and a coal bed methane field in West Bengal for bidding in the latest Discovered Small Fields (DSF) bid round, regulator DGH said on Monday. : psuwatch.com
Petrol, Diesel Price Today: Check Latest Fuel Prices In Your City On May 27
New Delhi : Petrol and Diesel Prices On May 27, 2024: Fresh petrol and diesel prices have been released nationwide on Monday, May 27. : news18.com
BP, EOG Resources in talks to jointly develop Trinidad gas field
New Delhi : BP, EOG Resources in talks to jointly develop Trinidad gas field. : Economic Times
Oil companies fined for flouting board norms
New Delhi : Oil companies fined for flouting board norms. : Economic Times
Saudi Arabia plans Aramco share sale as soon as June, sources say
New Delhi : Saudi Arabia plans Aramco share sale as soon as June, sources say. : Economic Times
Government offers two discovered oil and gas fields, one coal bed methane block in special bidding round
New Delhi : The government has offered two discovered oil and gas fields in Mumbai offshore and a coal bed methane field in West Bengal for bidding in the latest Discovered Small Fields (DSF) bid round, regulator DGH said on Monday. : Economic Times
Big electoral bond buyer Megha Engineering to sell city gas business
New Delhi : Hyderabad-based Megha Engineering and Infrastructures (MEIL), which is the second-biggest buyer of electoral bonds – at ?966 crore – and is facing corruption allegations, has put its city gas distribution business on the block, according to four industry executives aware of the development. : Economic Times
Oil surges ahead of inflation data after lacklustre week; brent crude at $82.88/bbl
New Delhi : Oil prices saw a slight increase in subdued trading due to public holidays in Britain and the United States. This followed a week marked by concerns over U.S. interest rates amidst persistent inflation. : Mint
Govt offers two discovered oil and gas fields in special bidding round
New Delhi : The government has offered two discovered oil and gas fields in Mumbai offshore and a coal bed methane field in West Bengal for bidding in the latest Discovered Small Fields (DSF) bid round, regulator DGH said on Monday. : Business Standard
Indian Army receives hydrogen bus
New Delhi : The Indian Army has received a hydrogen fuel cell bus under its collaboration with Indian Oil Corp. Ltd (IOCL) for demonstration trials of this technology. The bus promises a mileage of 250-300 km on a full 30 kg onboard tank of hydrogen fuel. : pv-magazine.com
ONGC’s high investments to delay deleveraging: S&P
New Delhi : A step-up in investments at Oil and Natural Gas Corporation (ONGC) Limited will slow down its deleveraging over the next 12-24 months, eroding headroom for the state-owned firm’s ‘bbb+’ standalone credit profile, S&P Global Ratings said on Monday. : psuwatch.com
Petrol pump project to employ transgenders in Sircilla
New Delhi : The Rajanna-Sircilla district administration is taking significant steps to ensure self-employment for the transgenders community. ID cards have been issued to 25 transgender individuals, and an agreement has been made with V-Hub. : New Indian Express
Oil prices steady as investors await inflation data, OPEC+ meeting
Tokyo, Japan : Oil prices were steady in early Asian trading on Tuesday as investors awaited inflation data to assess future U.S. monetary policy and the production policy decisions from the OPEC+ meeting on June 2. : Reuters
