01-Jun-2024

Power

” New Delhi : NTPC Ltd. in collaboration with the Central Institute of Technology (CIT), Kokrajhar, enthusiastically participated in the Swachhata Pakhwada, an initiative promoting cleanliness and hygiene. CIT students actively contributed to this campaign by performing a Nukkad Natak (street play) on cleanliness, highlighting the importance of hygiene in modern society.” : Sarkaritel.com

” New Delhi : NTPC Bongaigaon commemorated World No Tobacco Day with a series of impactful events aimed at promoting a tobacco-free workplace and lifestyle.” : Sarkaritel.com

” New Delhi : Talcher Thermal, 31st May 2024 – In a significant achievement, NTPC Talcher Thermal Power Project has been awarded the prestigious International British Safety Council Award 2024. Sanjay Kumar Gupta, AGM Safety at NTPC TTPP, received this esteemed award from Mike Robinson, Chief Executive, British Safety Council.” : Sarkaritel.com

REC board approves raising foreign borrowing limit to USD 24 bn

New Delhi : State-owned REC Ltd on Friday said its board has approved raising the borrowing limit in foreign currency to USD 24 billion form USD 20 billion. The overall borrowing limit in Indian rupees was however retained at Rs 6 lakh crore, the company said in an exchange filing. : Economic Times

Power Grid acquires project SPV ‘Khavda IV-E2 Power Transmission

New Delhi : Maharatna power PSU Power Grid on Friday said that its has acquired a power transmission SPV (Project Special Purpose Vehicle) on May 30 for evacuation of renewable energy from the potential renewable energy zone in the Khavda Area of Gujarat under the tariff-based competitive bidding (TBCB) process. : psuwatch.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

Suzlon Group secures 81.9 MW wind energy project in Madhya Pradesh

New Delhi : Suzlon Group secures 81.9 MW wind energy project in Madhya Pradesh. : Economic Times

Rooftop solar installations fall 26 per cent to 367 MW in January-March: Report

New Delhi : Rooftop solar installations fall 26 per cent to 367 MW in January-March: Report. : Economic Times

India’s power demand soars to historic 250 GW high

New Delhi : India’s power demand soars to historic 250 GW high. : Economic Times

India’s power sector anticipates healthy growth in FY2025; demand seen remaining strong at around 6%

New Delhi : India’s power sector is poised for robust growth in the fiscal year 2025, with expectations of a healthy demand surge at approximately 6.0 per cent, albeit moderating from the previous fiscal year. : Economic Times

Coal stocks at power plants at above 45 MT level amid peak power demand

New Delhi : Coal stocks at thermal power plants continue to be more than 45 million tonnes (MT), adequate to meet the requirement for 19 days, amid peak power demand due to heat wave conditions. : Business Standard

Delhi discoms relying on advanced tech transformers to ensure power supply

New Delhi : The power discoms operating in Delhi are relying on their advanced-technology transformers to ensure an uninterrupted supply of electricity, with the peak demand ranging around 8,000 MW amid a scorching heatwave in the city. : Business Standard

Suzlon Group gets 82 megawatt wind energy project from Oyster Green

New Delhi : Suzlon Group on Friday said it has secured a wind energy project of about 82 megawatt (MW) from Oyster Green Hybrid One Pvt Ltd. : Business Standard

NTPC launches 1.2 GW renewables-plus-storage tender

New Delhi : NTPC has invited bids from renewable energy developers to supply 1.2 GW of firm and dispatchable power from RE projects with energy storage system. : pv-magazine.com

INDIA’S POWER SECTOR ACHIEVES RECORD 250 GW DEMAND MET ON MAY 30

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. : globalgreenews.com

NTPC Talcher Thermal Awarded Prestigious International Safety Award

New Delhi : In a significant achievement, NTPC Talcher Thermal Power Project has been awarded the prestigious International British Safety Council Award 2024. Shri Sanjay Kumar Gupta, AGM Safety at NTPC TTPP, received this esteemed award from Mike Robinson, Chief Executive, British Safety Council. : indianpsu.com

NTPC, Tata Memorial Centre launch cancer awareness & screening initiative

New Delhi : As part of its CSR effort, NTPC Limited launches a major cancer awareness and screening program in Mumbai, in collaboration with Tata Memorial Centre on the eve of ‘World Tobacco Day.’ : psuwatch.com

Coal stocks at thermal plants continue to be more than 45 MT amid peak power demand

BHEL Invites Bids For 300MW NHPC Floating Solar Project In Odisha

New Delhi : BHEL Invites Bids For 300MW NHPC Floating Solar Project In Odisha. : saurenergy.com

NTPC Issues Tender For 1200 MW FDRE Projects Across India

New Delhi : NTPC Issues Tender For 1200 MW FDRE Projects Across India. : saurenergy.com

Smart Meters: Powering India’s Energy Transformation

New Delhi : Smart Meters: Powering India’s Energy Transformation. : Economic Times

Delhi’s discoms relying on advanced-technology transformers to ensure uninterrupted power supply

India runs power plants flat out to keep cool in heatwave, election

New Delhi : India’s electricity grid has remained stable despite a record-shattering heatwave in May, demonstrating a high degree of technical skill and avoiding embarrassing blackouts during the election period. : Business Standard

REC board approves raising borrowing limit in foreign currency to $24 bn

New Delhi : State-owned REC Ltd on Friday said its board has approved raising the borrowing limit in foreign currency to $24 billion form $20 billion. : Business Standard

New study provides state-wise renewables addition plan for India

New Delhi : A new study by NITI Aayog estimates that India needs 517.34 GW of installed renewable energy capacity by 2029-30 to meet the renewable purchase obligation (RPO) target of its 30 states and union territories. : pv-magazine.com

India Ratings upgrades Adani Green Energy to ‘IND AA-’ with Stable outlook

New Delhi : India Ratings and Research (Ind-Ra) has upgraded Adani Green Energy Ltd’s (AGEL) long-term issuer rating to ‘IND AA-’ from ‘IND A+’. The outlook is Stable. : pv-magazine.com

REC Ltd subsidiary transfers two project specific SPVs to successful bidders

New Delhi : REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of PSU REC Limited, handed over two project-specific SPVs (Special Purpose Vehicles). : psuconnect.in

Swachhata Pakhwada was celebrated with great enthusiasm at NTPC Kaniha

New Delhi : On the conclusion of Swachhata Pakhwada, ‘Nukkad Natak’ a street play was staged at important places in NTPC Kaniha township and nearby rural areas to spread the message of cleanliness and safety. : psuconnect.in

UPERC Amends Rules To Expedite Rooftop Solar Installations

New Delhi : UPERC Amends Rules To Expedite Rooftop Solar Installations. : saurenergy.com

Suzlon Reports Highest Ever Orders With India’s Rise On Wind Energy Installations

New Delhi : Suzlon Reports Highest Ever Orders With India’s Rise On Wind Energy Installations. : saurenergy.com

Oil and Gas

” New Delhi : In a strategic move to enhance employee benefits, Oil India Limited (OIL) has signed a memorandum of understanding (MoU) with Balmer Lawrie & Co. Ltd. on Friday.” : psuwatch.com

Govt sets June domestic gas price at $8.44/mmbtu, with ONGC/OIL ceiling at $6.50/mmbtu

New Delhi : Govt sets June domestic gas price at $8.44/mmbtu, with ONGC/OIL ceiling at $6.50/mmbtu. : Economic Times

Nandakumar Velayudhan Pillai set to be Director (Refineries) of MRPL

New Delhi : Nandakumar Velayudhan Pillai is set to be next Director (Refineries) of Mangalore Refinery & Petrochemicals Limited (MRPL). He has been recommended for the post by the Public Enterprises Selection Board (PESB) Panel on Friday. : psuwatch.com

HPCL commissions first Solid Oxide Electrolyser for Green Hydrogen

New Delhi : State-owned oil PSU HPCL has announced a historic milestone of initiating Green Hydrogen technology at the Bengaluru refinery plant. : psuconnect.in

BCGCL floats tender for Rs 1,1782cr coal gasification project in Odisha

New Delhi : Bharat Coal Gasification & Chemicals Limited (BCGCL), a joint venture company of Coal India Ltd and BHEL has floated a tender for the selection of an LSTK-2 (lump sum turnkey) to start work on a portion of its Coal to Ammonium Nitrate project in Odisha which is coming up with an investment of Rs 1,1782 crores, according to a statement issued by the Ministry of Coal on Friday. : Sarkaritel.com

Israel aims to boost Red Sea oil deliveries despite environmental risks

New Delhi : Israel aims to boost Red Sea oil deliveries despite environmental risks. : Economic Times

Adani Group eyes expansion with $90 billion Capex as EBITDA soars by 40%, Jefferies recommends ‘BUY’

New Delhi : Adani Group eyes expansion with $90 billion Capex as EBITDA soars by 40%, Jefferies recommends ‘BUY’. : Economic Times

Volumes of gas traded on Indian Gas Exchange surge amid demand from power plants

New Delhi : In the wake of high power demand and increased operations of gas-based power plants to meet the rising demand, volumes of gas traded on the Indian Gas Exchange (IGX) increased multifold in May compared to the same period a year ago. : Mint

OPEC meeting to shape India’s Russian oil purchases as May levels stay high

New Delhi : The extent of India’s imports of cheap, discounted Russian oil, which is linked to the financial health of oil marketing companies led by Indian Oil, in 2024 hinges on the outcome of a meeting of some of the world’s top oil exporting nations in early June, said industry officials. : Business Standard

Petrol, Diesel Price Today: Check Latest Fuel Prices In Your City On May 31

New Delhi : Petrol, Diesel Prices On May 31, 2024: Petrol and diesel prices for Friday, May 31, have been released. The daily fuel prices in the country are decided based on international crude oil prices. : news18.com

ICRA upgrades Adani Total Gas to ‘AA’ with stable outlook

New Delhi : Global credit rating agency ICRA on Friday upgraded the rating of Adani Total Gas Ltd (ATGL) to “AA” from “AA-” with a stable outlook. In a note, the rating agency said that the long-term rating upgrade of ATGL takes into account its improving financial risk profile, which is backed by a continued growth in sales volume that has resulted in a higher scale of operations and better profitability. : Sarkaritel.com

OPEC+ discuss keeping voluntary oil cuts until year-end, sources say

New Delhi : OPEC+ discuss keeping voluntary oil cuts until year-end, sources say. : Economic Times

Over 32 crore Indians now use LPG, with significant growth driven by PMUY

New Delhi : Over 32 crore Indians now use LPG, with significant growth driven by PMUY. : Economic Times

Kerala gets fund approval for green hydrogen valley project

New Delhi : Kerala gets fund approval for green hydrogen valley project. : Economic Times

Oil giant Aramco says to offer shares worth over $10 bn on Saudi bourse

New Delhi : Oil giant Aramco says to offer shares worth over $10 bn on Saudi bourse. : Economic Times

Govt cuts windfall tax on petroleum crude

New Delhi : The Indian government on Friday slashed the windfall tax on petroleum crude to Rs 5,200 ($62.33) per metric ton from Rs 5,700, with effect from June 1. : Economic Times

Saudi Arabia to sell shares worth $12 billion of oil major Aramco

New Delhi : Saudi Arabia confirmed plans to sell shares in its giant oil company in a deal that could raise as much as 44.8 billion Saudi riyals ($12 billion) for the kingdom, as it seeks funds to pay for a massive economic transformation plan. : Business Standard

Govt cuts windfall tax on petroleum crude to Rs 5,200 per MT from Rs 5,700

New Delhi : The Indian government has cut the windfall tax on petroleum crude to Rs 5,200 ($62.33) per metric tonne from Rs 5,700, effective on June 1, according to a notification issued on Friday. : Business Standard

For Cheapest CNG In Uttar Pradesh, Take The Delhi-Meerut Expressway

New Delhi : CNG vehicle owners in Uttar Pradesh have a reason to cheer, especially those who use Compressed Natural Gas (CNG) for their vehicles. Indraprastha Gas Limited (IGL) has launched two new CNG pumps at the Hawa Hawai Rest Point on the Delhi-Meerut Expressway (DME), offering the cheapest CNG in the state at just Rs 78 per kg. : indianpsu.com