31-May-2024
Power
” Gurgoan, Haryana : REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, handed over two project specific SPVs (Special Purpose Vehicles) on 30th May 2024, namely, Khavda IV-E2 Power Transmission Limited and NERES XVI Power Transmission Limited.” : Sarkaritel.com
” New Delhi : In a significant step towards promoting cleanliness and hygiene, NTPC Bongaigaon has taken a commendable initiative as part of the Swachatta Pakhwada campaign. Demonstrating its commitment to community welfare and environmental sustainability, NTPC Bongaigaon has donated nine community dustbins to the District Administration office.” : Sarkaritel.com
” New Delhi : Gautam Adani, Chairman of the Adani Group, said on Wednesday that he met Hiroshi Suzuki, Ambassador of Japan to India, adding that the envoy’s appreciation for India’s culture and his tremendous support for the country are “truly inspiring”.” : Sarkaritel.com
Power Grid acquires Khavda IV-E2 Power Transmission
New Delhi : Power Grid Corporation of India, pursuant to its selection as the successful bidder under Tariff based competitive bidding, has on 30 May 2024 acquired Khavda IV-E2 Power Transmission (KIVE2TL). : Business Standard
REC Subsidiary Transfers Project-Specific SPVs To Power Grid And Techno Electric
New Delhi : State-owned REC Ltd. on Thursday said its arm RECPDCL has handed over two project-specific special purpose vehicles to Power Grid and Techno Electric. The two project-specific SPVs are Khavda IV-E2 Power Transmission Ltd and NERES XVI Power Transmission Ltd, REC said in a statement. : NDTV Profit
Swapnendu Kr Panda going to be next Director (P&P) of NLC India Ltd
New Delhi : Swapnendu Kumar Panda is set to be next Director (Planning & Projects) of NLC India Limited. He has been recommended for the post by the Public Enterprises Selection Board (PESB) Panel on Thursday. : psuwatch.com
Solex Energy posts 2-fold jump in Q4 profit
New Delhi : Solex Energy posts 2-fold jump in Q4 profit. : Economic Times
Power demand peaks in heatwave-hit Delhi, but temperature readings may be ‘error’
New Delhi : Power demand peaks in heatwave-hit Delhi, but temperature readings may be ‘error’. : Economic Times
IEA urges faster shift to clean energy to reduce costs and enhance equity
New Delhi : IEA urges faster shift to clean energy to reduce costs and enhance equity. : Economic Times
Sterlite Power secures Rs 1,373 cr funding from PFC
New Delhi : Sterlite Power secures Rs 1,373 cr funding from PFC. : Economic Times
Free power supply and meters to PVTG villages
New Delhi : Free power supply and meters to PVTG villages. : Economic Times
Sterlite Power secures Rs 1,373 crore funding for Neemrana II Kotputli transmission project
New Delhi : Sterlite Power on Thursday said it has secured Rs 1,373 crore funding for its Neemrana II Kotputli Transmission Limited (NKTL) project from the state-owned Power Finance Corporation. Sterlite Power acquired the Neemrana II Kotputli Transmission Limited SPV in November 2023 to execute the green energy corridor on a Build, Own, Operate, and Transfer (BOOT) basis for a period of 35 years. : Economic Times
India’s peak power demand hits a record 250 GW
New Delhi : India met a record maximum power demand of 250 GW on May 30, led by a combined impact of weather-related loads and growing industrial and residential power consumption in these areas, the power ministry said on Thursday. : Economic Times
SJVN Q4 Results Live : profit falls by 49.82% YOY
New Delhi : SJVN, the company based in India, announced its Q4 results on 29 May, 2024, revealing a 4.14% decrease in revenue and a significant 49.82% decline in profit Year-over-Year (YoY). : Mint
Macawber Beekay to Set Up Three More Green Coal Projects for NTPC
New Delhi : Following the success of the Varanasi Harit Koyla Pariyojna (Green Coal project), Macawber Beekay Private Limited (MBL) a pioneer in the waste-to-energy segment with its innovative technology, has bagged three more Green Coal projects in India. : Mint
Schneider Electric opens new campus in India
New Delhi : Schneider Electric, an energy management and digital automation specialist, has inaugurated one of its largest employee campuses globally, at Bagmane Solarium City, Bengaluru. : pv-magazine.com
Rooftop solar installations fall 26% to 367 MW in Q4: Report
New Delhi : Rooftop solar capacity installations in India registered a 26 percent year-on-year decline to at 367 megawatts during January-March period, mainly on account of rise in input cost, according to Mercom Capital. : psuwatch.com
POWERGRID was conferred as Outlook Business Editor’s Choice ‘Sustainability Champion’ for Sustainable Development initiatives
New Delhi : POWERGRID was conferred as Outlook Business Editor’s Choice ‘Sustainability Champion’ for Sustainable Development initiatives. : psuconnect.in
IOCL entered into JV with SJVN Ltd for renewable projects
New Delhi : The Board of Directors of the PSU Company SJVN Ltd in its meeting has approved the signing of a Joint Venture Agreement with Indian Oil Corporation Limited for the formation of a Joint Venture Company for the development of Green RTC, Renewable Projects, and other New Technology-based Projects. : psuconnect.in
SECI Seeks Bids For 500 MW Wind Projects In India
New Delhi : SECI Seeks Bids For 500 MW Wind Projects In India. : saurenergy.com
SECI Invites Bids To Setup 1200 MW Solar Project
New Delhi : SECI Invites Bids To Setup 1200 MW Solar Project. : saurenergy.com
RECPDCL hands over Khavda IV-E2 Power Transmission Ltd to Power Grid and NERES XVI Power Transmission Ltd to Techno Electric
New Delhi : REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, handed over two project specific SPVs (Special Purpose Vehicles). : pv-magazine.com
RECPDCL hands over two SPVs to POWERGRID & Techno Electric
Gurgoan, Haryana : REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, handed over two project specific SPVs (Special Purpose Vehicles) on 30th May 2024. : millenniumpost.in
Peak power demand hits all-time high at 246 GW
New Delhi : Peak power demand hits all-time high at 246 GW. : Economic Times
India Ratings upgrades Adani Green Energy to ‘IND AA-‘, with stable outlook
New Delhi : India Ratings upgrades Adani Green Energy to ‘IND AA-‘, with stable outlook. : Economic Times
Sterlite Power Secures Funding Worth INR 1373 crore from PFC for Neemrana II Kotputli Transmission Project
Mumbai : Sterlite Power, a leading power transmission company, has successfully achieved financial closure for its Neemrana II Kotputli Transmission Limited (NKTL) project. The project has secured funds totaling INR 1373 crore from Power Finance Corporation (PFC), a Maharatna Public Sector Enterprise. : Sarkaritel.com
Jammu authority revokes power cut decree, promises 24X7 electricity
Jammu : Jammu authority revokes power cut decree, promises 24X7 electricity. : Economic Times
Peak power demand at record high of 246.1 GW on Wednesday
New Delhi : India’s peak power demand hit a record 246.1 GW till 0300 pm Wednesday as northwest and central parts of the country continue to reel under unprecedented heatwave conditions. : Economic Times
Delhi breaches 8,300-MW first time ever as heatwave sends power demand soaring
New Delhi : The extreme summer heat in Delhi pushed its peak power demand to an all-time high of 8,302 MW on Wednesday afternoon, officials said. It is the first time in the history of the national capital that its power demand has crossed the 8,300-MW mark. : Economic Times
Rooftop solar installations fall 26% to 367 MW in Jan-Mar: Report
New Delhi : Rooftop solar capacity installations in India registered a 26 per cent year-on-year decline to at 367 megawatts during January-March period, mainly on account of rise in input cost, according to Mercom Capital. : Business Standard
Another bidding extension for 25 MW AC solar plant with 20 MW/50 MWh battery storage in Leh
New Delhi : Solar Energy Corp. of India (SECI) has extended bidding for the installation and commissioning of a 25 MW AC (50 MWp DC) solar PV plant with 20 MW/50 MWh battery storage in Leh to June 18. : pv-magazine.com
Padmashri Sudha Singh met Girls Empowerment Mission’s participants at NTPC Unchahar
New Delhi : In the NTPC Unchahar’s Girls Empowerment Mission Program, Padma Shri Sudha Singh met with girls and inspired them to achieve success. : indianpsu.com
IEA calls for faster energy transition to improve energy affordability
New Delhi : Speeding up the move to clean energy technologies improves the affordability of energy and can relieve pressures on the cost of living more broadly, according to a new IEA special report released on Thursday. : psuwatch.com
REC arm transfers 2 power transmission SPVs to successful bidders
New Delhi : REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has handed over two projects specific SPVs namely – Khavda IV-E2 Power Transmission and NERES XVI Power Transmission to Power Grid and Techno Electric respectively on Thursday. : psuwatch.com
NHPC and Balmer Lawrie collaborated for domestic travel booking
New Delhi : NHPC Limited has announced that it has entered into an MoU with Balmer Lawrie & Co. Ltd. at NHPC Corporate Office, Faridabad. : psuconnect.in
India’s Power Sector Achieves Record 250 GW Demand met on 30th May
New Delhi : In a significant achievement for India’s power sector, the country has met a record maximum power demand of 250 GW on 30.05.24. Moreover, all India non-solar demand met has also touched an all time high of 234.3 GW on 29th May, reflecting the combined impact of weather-related loads and growing industrial and residential power consumption in these areas. : Sarkaritel.com
Havells India Plans To Ramp Up Captive Solar Capacity To 16 MW
New Delhi : Havells India Plans To Ramp Up Captive Solar Capacity To 16 MW. : saurenergy.com
Oil and Gas
” Mumbai : Hindustan Petroleum Corporation Ltd. has successfully commissioned India’s first Solid Oxide based Electrolyser (SOE) at its HP Green R&D Centre, Bengaluru for Green Hydrogen (GH2) generation. This highly efficient pilot-scale electrolyzer can generate Green Hydrogen with 99.99% purity and marks a significant step in evaluating this technology for generation of green hydrogen and its derivatives.” : Sarkaritel.com
” New Delhi : Energy Maharatna, ONGC and EverEnviro Resource Management Pvt. Ltd., a leading developer of compressed biogas (RNG) in India have formed a joint venture (JV) to set up 10 Compressed Biogas (CBG) plants across India. The two firms have inked a Memorandum of Understanding (MoU) for the same.” : Sarkaritel.com
ONGC to set up 10 Compressed Bio-Gas Plants in collaboration with EverEnviro
Mumbai : Energy Maharatna, ONGC and EverEnviro Resource Management Pvt. Ltd., a leading developer of compressed biogas (RNG) in India have formed a joint venture (JV) to set up 10 Compressed Biogas (CBG) plants across India. The two firms have inked a Memorandum of Understanding (MoU) for the same. : newsmantra.in
ONGC, EverEnviro form JV to set up 10 CBG plants
New Delhi : State-run ONGC and EverEnviro Resource Management have formed a joint venture (JV) to set up 10 Compressed Biogas (CBG) plants across India. The two firms inked a Memorandum of Understanding (MoU). : Business Line
Double Eagle explores $6.5 billion sale of shale oil producer, sources say
New Delhi : Double Eagle explores $6.5 billion sale of shale oil producer, sources say. : Economic Times
SE Asia gas expansion threatens green transition: report
New Delhi : SE Asia gas expansion threatens green transition: report. : Economic Times
Rosneft says Q1 net income more than doubled to $4.4 bln from Q4
New Delhi : Russia’s largest oil producer Rosneft said on Thursday its first-quarter net income attributable to shareholders more than doubled to 399 billion roubles ($4.41 billion) from the previous three months as revenue and core profit increased. : Mint
Jindal Power to partner with Venezuelan state oil company: Report
New Delhi : India’s Jindal Power Ltd. will partner with Venezuela’s state oil company in a crude venture just months after securing a contract to run the country’s largest iron-ore complex, according to people familiar with the agreement. : Business Standard
The Hydrogen Stream: GAIL opens 10 MW green hydrogen plant
New Delhi : GAIL (India) Ltd, India’s largest natural gas company, has installed its first green hydrogen plant at its Vijaipur facility in Madhya Pradesh, marking its foray into new and alternate energy and in line with the National Green Hydrogen Mission. : pv-magazine.com
ONGC to set up 10 CBG Plants in collaboration with EverEnviro
New Delhi : Energy Maharatna, ONGC and EverEnviro Resource Management Pvt. Ltd., a leading developer of compressed biogas (RNG) in India, have formed a joint venture (JV) to set up 10 Compressed Biogas (CBG) plants across India. : psuwatch.com
Petrol, Diesel Price Today: Check Latest Fuel Prices In Your City On May 30
New Delhi : Petrol, Diesel Prices On May 30, 2024: Petrol and diesel prices for Thursday, May 30, have been released. The daily fuel prices in the country are decided based on international crude oil prices. Because of this, the effect of change in crude oil prices is seen in petrol and diesel prices in the country. : news18.com
ONGC, EverEnviro to set up 10 CBG plants in India
New Delhi : Energy Maharatna, ONGC and EverEnviro Resource Management Pvt. Ltd., a leading developer of compressed biogas in India have formed a joint venture (JV) to set up 10 Compressed Biogas (CBG) plants across India. : millenniumpost.in
ONGC to form an equal JV with EverEnviro to build 10 CBG plants
New Delhi : Oil and Natural Gas Corp (ONGC) will form an equal joint venture with EverEnviro Resource Management Pvt Ltd to build 10 compressed biogas (CBG) plants. : Economic Times
Opinion: Asia’s crude oil imports hit 12-month high, but it’s India, not China
New Delhi : Opinion: Asia’s crude oil imports hit 12-month high, but it’s India, not China. : Economic Times
Adani Total considering building more plants in India for LNG import
New Delhi : Adani Total Pvt Ltd, a joint venture between India’s Adani Group and France’s TotalEnergies , is considering building more plants in India to import liquefied natural gas (LNG) to meet the growing demand for the cleaner fuel, the company’s top boss said on Thursday. : Economic Times
Big Oil Companies will Just keep getting bigger
New Delhi : Big Oil Companies will Just keep getting bigger : Mint
Oil snaps 3-day winning streak, crashes 2% on poor US demand; Brent drops 6% in May ahead of OPEC+ verdict
New Delhi : Crude oil prices snapped their three-day winning streak and crashed nearly two per cent on Thursday, May 30, after the US government reported weak fuel demand and a surprise jump in gasoline and distillate fuel stockpiles. : Mint
Crude oil: 4 factors keep outlook bullish for WTI; check near-term strategy
New Delhi : Crude oil prices have retreated in Asian market hours to trade near support of $79/b on Thursday, a day after trading near two months high of $80.60 on Wednesday. : Business Standard
ONGC to set up 10 Compressed Bio-Gas Plants across india in collaboration with EverEnviro
Mumbai : Energy Maharatna, ONGC and EverEnviro Resource Management Pvt. Ltd., a leading developer of compressed biogas (RNG) in India have formed a joint venture (JV) to set up 10 Compressed Biogas (CBG) plants across India. : psuconnect.in
IOCL entered into JV with SJVN Ltd for renewable projects
New Delhi : The Board of Directors of the PSU Company SJVN Ltd in its meeting has approved the signing of a Joint Venture Agreement with Indian Oil Corporation Limited for the formation of a Joint Venture Company for the development of Green RTC, Renewable Projects, and other New Technology-based Projects. : psuconnect.in
