28-June-2024

Power

DVC finalises the tender for the Engineering, Procurement & Construction (EPC) package of Koderma TPS (2X800MW), in Jharkhand

New Delhi : Commensurate with the goal of Government of India to ensure energy security of the country through thermal capacity addition, DVC has finalised the tender for the Engineering, Procurement & Construction (EPC) package of Koderma TPS (2X800MW), in Jharkhand, with M/s Bharat Heavy Electricals Ltd. (BHEL) at a price of Rs. 13,300 Crore, on 26th June’2024. : Sarkaritel.com

Jharkhand : CISF takes over security of NTPC-Coal Mining Project in Hazaribagh

New Delhi : Jharkhand : CISF takes over security of NTPC-Coal Mining Project in Hazaribagh. : Economic Times

BHEL bags Rs 13,300 cr order to set up 1600 MW-thermal power project

New Delhi : State-owned engineering firm BHEL has bagged the Rs 13,300 crore order to set up a 1600 MW thermal power plant in Koderma in Jharkhand from Damodar Valley Corporation (DVC). : Economic Times

Ramky Infrastructure up 7% on securing orders of Rs 131 cr from Power Grid

New Delhi : Ramky Infrastructure stock surges:Shares of Ramky Infrastructure (Ramky Infra) rallied as much as 7.27 per cent to hit an intraday high of Rs 603.65 per share on Thursday. : Business Standard

BHEL bags Rs 13,300 crore order to set up 1600 MW-thermal power project

DVC Finalises Tender For EPC Package Of Koderma, Jharkhand

New Delhi : State-run Damodar Valley Corporation (DVC) has finalised the tender for the Engineering, Procurement and Construction (EPC) package of Koderma TPS (2X800MW), in Jharkhand, said the Ministry of Power on Thursday. : indianpsu.com

Serentica seeks partners for supply of 800 MWh battery energy storage systems

New Delhi : Serentica seeks partners for supply of 800 MWh battery energy storage systems. : Economic Times

India Energy Storage Week to propel ?2000 crore investment, new global partnerships

New Delhi : India Energy Storage Week to propel ?2000 crore investment, new global partnerships. : Economic Times

Inox Green Energy Services gets board approval to raise Rs 1,050 crore

New Delhi : Inox Green Energy Services gets board approval to raise Rs 1,050 crore. : Economic Times

India keen to speed up power grid link talks with Sri Lanka

New Delhi : India is keen to fast-track longstanding talks with Sri Lanka on setting up a power grid link between the two neighbours for electricity trading, especially renewable energy. : Economic Times

TERI to set up institute in Guwahati to conserve Eastern Himalayan natural resources

New Delhi : The Energy and Resources Institute (TERI) is planning to set up an institute in Guwahati in collaboration with the government of Assam to conserve natural resources in the eastern Himalayas, one of the world’s most biodiversity-rich regions, a top official said. : Mint

Industrial sector in Rajasthan fears output slump after power cut order

New Delhi : Trade groups have raised concerns about the impact of the Rajasthan government ordering power cuts in the state’s industrial areas. : Business Standard

Financial incentives, awareness could boost energy transition among MSMEs: WRI India

New Delhi : Micro, small and medium enterprises (MSMEs) need policy consistency, awareness of the benefits of clean energy and a supportive regulatory environment to decarbonize and survive the challenges that come with energy transition and a climate-stressed world, says a new working paper by WRI India. : pv-magazine.com

Navigating CBAM : Renewables Can Reduce 17% Of India’s Heavy Industry Emissions By 2030

New Delhi : As a major player in the global economy, India stands as an integral point of economic development and environmental responsibility. However, India is also the world’s third-largest emitter of CO2, after China and the US. : indianpsu.com

Odisha Govt approves renewable energy projects worth Rs 903 crore

New Delhi : The Odisha Government on Thursday approved investment proposals worth Rs 903.41 crore in the renewable energy (RE) sector, according to an official statement. : psuwatch.com

PSPCL Commissions 50MW Solar Power Project In Punjab

New Delhi : PSPCL Commissions 50MW Solar Power Project In Punjab. : saurenergy.com

Megha Engineering & Infrastructure emerges lowest bidder for Rs 12.8k-cr nuclear project contract

New Delhi : Megha Engineering & Infrastructure emerges lowest bidder for Rs 12.8k-cr nuclear project contract. : Economic Times

Gujarat signs MoU for 4400 MW thermal power amid surging energy demand

New Delhi : Gujarat signs MoU for 4400 MW thermal power amid surging energy demand. : Economic Times

Significant tariff differences across India’s energy segments amid new offshore wind funding: CRISIL

New Delhi : Significant tariff differences across India’s energy segments amid new offshore wind funding: CRISIL. : Economic Times

Greenko in talks with REC to raise up to Rs 2,400 crore

New Delhi : Greenko in talks with REC to raise up to Rs 2,400 crore. : Economic Times

Budget 2024: Hi-tech thermal plants may get Rs 6,000 cr viability support

New Delhi : The Union budget for 2024-25 is likely to announce a support scheme for setting up 800 MW coal-based power plants through the newest Advanced Ultra Supercritical (AUSC) technology. : Economic Times

Ather Energy to invest ?2,000 crore to set up third plant in Maharashtra

New Delhi : Electric two-wheeler maker Ather Energy announced plans on Wednesday to establish its third manufacturing facility in Maharashtra, with an investment exceeding ?2,000 crore, according to state Deputy Chief Minister Devendra Fadnavis. : Mint

Nxtra commits to get 100% energy for data centre from renewable sources

New Delhi : Airtel’s data centre arm Nxtra has joined the RE100 initiative, a flagship global initiative led by Climate Group in partnership with Carbon Disclosure Project, and has committed to sourcing 100 per cent renewable electricity, the company said on Thursday. : Business Standard

AGL partners with Elecsome on solar panel recycling plan

New Delhi : AGL Energy has signed a memorandum of understanding with Elecsome to develop a feasibility study into the establishment of a solar panel recycling plant and solar cable manufacturing facility in the New South Wales Hunter Valley as part of the company’s commitment to repurpose the Bayswater site as a renewable energy hub. : pv-magazine.com

SJVN inks renewable power supply MoU with AM Ammonia

New Delhi : SJVN arm SJVN Green Energy Ltd (SGEL) has signed a Memorandum of Understanding (MoU) with AM Green Ammonia (India) for long-term supply of renewable energy to AM Green’s forthcoming green ammonia plants in Andhra Pradesh. : pv-magazine.com

SECI launches 1 GW/2 GWh battery storage tender

New Delhi : Solar Energy Corp. of India (SECI) has invited proposals to set up 2 GWh (1 GW x 2 hours) of interstate transmission system (ISTS)-connected projects of standalone battery energy storage systems (BESS). : pv-magazine.com

Uttarakhand CM Dhami Meets Union Power Minister Manohar Lal Khattar

New Delhi : Chief Minister Pushkar Singh Dhami paid a courtesy visit on Union Minister Manohar Lal Khattar in New Delhi and congratulated him on assuming the charge of Union Minister of Housing and Urban Affairs and Union Minister of Power. : indianpsu.com

SJVN organised training programs on Anti-Bribery Management System

New Delhi : A series of training programs on Anti-Bribery Management System (ABMS) ISO 37001:2016 are being organized in SJVN Limited. These training programs are in line with the company’s commitment to implementing robust anti-bribery policies & procedures. : psuconnect.in

SECI Issues Tender To Build 1000 MW/2000 MWh BESS

New Delhi : SECI Issues Tender To Build 1000 MW/2000 MWh BESS. : saurenergy.com

JSW Energy stock up 4% after arm inks PPA for 1,325 MW renewable projects

New Delhi : JSW Energy in focus:Shares of JSW Energy were buzzing in trade on Thursday. The scrip rose as much as 3.77 per cent to hit an intraday high of Rs 739.15 per share. : Business Standard

Odisha okays investment proposal worth Rs 903 cr in renewable energy sector

New Delhi : The Odisha government on Thursday approved investment proposals worth Rs 903.41 crore in the renewable energy (RE) sector, according to an official statement. : Business Standard

India installed 14.7 GW solar in FY 2024

New Delhi : India installed about 14.7 GW of solar capacity in FY 2024. This included 11.7 GW of utility-scale solar installations and 3 GW rooftop solar. The top three states with maximum new additions during the fiscal were Gujarat (4.8 GW), Rajasthan (3.4 GW), and Madhya Pradesh (0.8 GW), according to JMK Research & Analytics’ Annual India Solar Report Card FY2024. : pv-magazine.com

Oil and Gas

NCLT approves BPCL subsidiaries acquisiton of VoVL

New Delhi : A Mumbai bench of the National Company Law Tribunal (NCLT) has approved a debt resolution plan given by Bharat PetroResources Ltd, a subsidiary of Bharat Petroleum Corp Ltd (BPCL) to take over Videocon Oil Ventures Ltd (VoVL) upholding Bharat Petro’s right to first refusal (ROFR) as a shareholder in their Brasilian joint venture. : Economic Times

IISER Tirupati innovates hydrogen production from methanol and paraformaldehyde

New Delhi : IISER Tirupati innovates hydrogen production from methanol and paraformaldehyde. : Economic Times

BPCL subsidiary gets NCLT nod to take over Videocon Oil

Mumbai : A Mumbai bankruptcy court has approved a debt resolution plan given by Bharat PetroResources, a subsidiary of Bharat Petroleum Corp (BPCL) to take over Videocon Oil Ventures (VOVL), upholding Bharat Petro’s right to first refusal as a shareholder in their Brazilian joint venture. : Economic Times

BPCL sees nearly flat annual crude processing, executive says

New Delhi : India’s state-run Bharat Petroleum Corp does not see any major change in its annual crude processing this fiscal year, as it plans to shut a crude unit at its biggest refinery for a month for maintenance, an executive said on Thursday. : Economic Times

BPCL to shut 6 MTPA crude unit at Kochi refinery for one-month maintenance

New Delhi : Bharat Petroleum Corporation Limited (BPCL) announced plans to temporarily shut down a significant crude oil processing unit at its Kochi refinery for maintenance starting mid-September, according to a report by Reuters. : Business Standard

Crude prices may remain higher at $85-100 in short term: S&P Global

New Delhi : Brent crude oil price is already up by about 10 per cent since the first week of June to around $85 per barrel now. : Business Standard

Allocate Green Hydrogen Project to M’luru: Chowta

Mangalore : Dakshina Kannada MP Capt Brijesh Chowta appealed to Union minister of petroleum and natural gas Hardeep Singh Puri, to allocate ONGC’s Green Hydrogen Project to Mangaluru. : Times of India

India’s crude oil production drops, processing and imports see uptick in May 2024

New Delhi : India’s crude oil production drops, processing and imports see uptick in May 2024. : Economic Times

Oil picks pace after Middle East strain, US stocks curbs stoke supply worries; Brent up 2% at $86/bbl

New Delhi : Crude oil prices picked pace on Thursday, June 27, driven by worries over global crude supply disruptions as geopolitical pressure in the Middle East and Europe increased, while a surprise build in US crude and gasoline inventories capped gains. : Mint

Oil outlook, June 27: Oil a ‘buy on dips’ bet; MCX Crude support at Rs 6700

New Delhi : Crude oil prices settled lower on Wednesday amid a disappointing weekly crude inventory data from the US, along with a softer US economic data, which pushed the Dollar index to settle above 106. : Business Standard

Petrol, Diesel Price Today: Check Latest Fuel Prices In Your City On June 27

New Delhi : Petrol, and Diesel Prices On June 27, 2024: Oil marketing companies have announced updated petrol and diesel prices on Thursday, June 27. : news18.com