04-July-2024

Power

” New Delhi : NTPC Bongaigaon proudly launched the theme song “Aajir Jiyori” (meaning Today’s Girl in Assamese and Aaj Ki Betiyan in Hindi) by Hurricane Girls, the first all-female band from Northeast India, to highlight the achievements of the Girl Empowerment Mission (GEM) by NTPC during its inaugural ceremony.” : Sarkaritel.com

Jakson Green signs 400-MW solar PPA with NHPC

New Delhi : Jakson Green signs 400-MW solar PPA with NHPC. : Economic Times

Premier Energies secures 350-MW solar module supply order from Apraava Energy

New Delhi : Premier Energies secures 350-MW solar module supply order from Apraava Energy. : Economic Times

SECI plans 500 MW solar thermal capacity tender in 2024-25 in big push to green energy

New Delhi : The Solar Energy Corporation of India (SECI) is likely to float a tender for 500 megawatt (MW) of solar thermal capacity by the end of 2024-25, company chairman R.P. Gupta said on Wednesday. : Sarkaritel.com

SECI plans 500 MW solar thermal capacity tender by FY25-end: CMD

New Delhi : SECI plans 500 MW solar thermal capacity tender by FY25-end: CMD. : Economic Times

IEX reports 24.7 per cent surge in electricity volumes amid rising demand

New Delhi : IEX reports 24.7 per cent surge in electricity volumes amid rising demand. : Economic Times

India records 14.49 per cent increase in coal production in June 2024

New Delhi : India records 14.49 per cent increase in coal production in June 2024. : Economic Times

India asks utilities to order $33 billion in equipment this year to boost coal power output

New Delhi : India has asked power companies to order equipment worth $33 billion this year to fast track capacity additions of coal-fired power in the years ahead, as the South Asian nation struggles to meet booming electricity demand, two government officials said. : Economic Times

Power Ministry may raise FY32 peak demand forecast after review

New Delhi : The power ministry is reassessing its forecast of peak demand for 2031-32 and may revise it upwards on the back of rapidly increasing electricity consumption, which may have rendered the current projection of 384 GW improbably low. : Economic Times

Power sector Budget wish list: Funds for green energy, more domestic mfg

New Delhi : With India accelerating green energy transition, the energy sector is pinning its hopes on the upcoming Union Budget to catalyse policy support and tax benefits. : Business Standard

Google invests in Taiwanese solar developer New Green Power

New Delhi : Google has made a capital investment in Taiwan-based New Green Power (NGP), in a deal that grants the US tech company the rights to procure up to 300 MW of solar power. : pv-magazine.com

In-Principle Approval Given By Government Of India For Supply Of Coal To Uttarakhand

New Delhi : On the request of Uttarakhand Chief Minister Pushkar Singh Dhami, the Ministry of Power, Government of India has given in-principle consent to the joint venture of UJVN Limited and THDC India Limited for setting up a coal-based thermal power plant. : indianpsu.com

NCL SIgns MoU with UPRVUNL for 250 MW of Solar Power Capacity

New Delhi : Under the guidance of the Ministry of Coal, Government of India and Coal India Limited, Northern Coalfields Limited inked a Memorandum of Understanding (MoU) with Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) on Wednesday for the installation of an additional Solar Power capacity of 250 MW in the Sonbhadra region. : psuconnect.in

India’s $33 Billion Push for Coal Power: Fast-Tracking Capacity Additions

NTPC-REL Issues Tender To Setup 960 MW WTG’s In Karnataka

New Delhi : NTPC-REL Issues Tender To Setup 960 MW WTG’s In Karnataka. : saurenergy.com

Coal production from captive, commercial mines shoots up by 35 per cent in April-June

New Delhi : The production of coal from the country’s captive and commercial mines has shot up by 35 per cent to 39.53 million tonnes in the April-June quarter of 2024-25 from 29.26 million tonnes in the same period of the previous financial year, according to figures released by the Ministry of Coal on Wednesday. : Sarkaritel.com

ACME Solar files DRHP for Rs 3,000 crore IPO

New Delhi : ACME Solar files DRHP for Rs 3,000 crore IPO. : Economic Times

Indian renewable energy firm ACME Solar Holdings files for $360 million IPO

New Delhi : Indian renewable energy firm ACME Solar Holdings files for $360 million IPO. : Economic Times

Coal ministry steps up efforts to ramp up production, targets operational mines

New Delhi : Coal ministry steps up efforts to ramp up production, targets operational mines. : Economic Times

IREDA and Odisha government collaborate to boost renewable energy financing

New Delhi : IREDA and Odisha government collaborate to boost renewable energy financing. : Economic Times

ACME Solar files for a ?3,000-cr IPO to power its aggressive expansion

New Delhi : ACME Solar Holdings has filed for an initial public offering to raise ?3,000 crore as it maps out an aggressive expansion in the green energy space, including new power projects. : Mint

SECI plans 500 MW solar thermal capacity tender by FY25-end: CMD

New Delhi : SECI, a nodal agency for implementing government’s renewable energy projects, is expected to float a tender for 500 megawatt (MW) of solar thermal capacity by the end of FY25, its Chairman and Managing Director RP Gupta said on Wednesday. : Business Standard

Jakson Green inks pact with NHPC for supply of 400 MW solar power

New Delhi : New energy transition platform Jakson Green on Wednesday said it has inked a pact with state-owned NHPC for the supply of 400 MW solar power. : Business Standard

Govt directs utilities to procure $33 bn equipment for coal power boost

SECI plans 500 MW solar thermal tender

New Delhi : Addressing India Energy Storage Week (IESW) organized by industry body India Energy Storage Alliance (IESA) in Delhi, R.P. Gupta, chairman & managing director of the Solar Energy Corp. of India (SECI) shared that SECI plans to float a tender for 500 MW of solar thermal capacity by the end of the current fiscal. : pv-magazine.com

SECI plans 500-MW solar thermal capacity tender by FY’25-end: CMD

New Delhi : Solar Energy Corporation of India (SECI) is expected to float a tender for 500 megawatt (MW) of solar thermal capacity by the end of FY’25, its Chairman and Managing Director R P Gupta said on Wednesday. : psuwatch.com

Jackson Green Signs 400 MW Solar Power Pact with NHPC

New Delhi : Jackson Green, a new energy transition platform, announced on Wednesday that it has signed an agreement with state-owned NHPC to supply 400 MW of solar power. : psuconnect.in

Surat Hazira NH6 Commissions 180 kW Solar Power Plant

New Delhi : Surat Hazira NH6 Commissions 180 kW Solar Power Plant. : saurenergy.com

IREDA CMD meets CM and Dy CM of Odisha to boost green energy financing

New Delhi : Indian Renewable Energy Development Agency Limited’s (IREDA) Chairman & Managing Director (CMD) Pradip Kumar Das met with the Chief Minister of Odisha Mohan Charan Majhi and Deputy Chief Minister Kanak Vardhan Singh Deo in Bhubaneswar on July 2. : psuconnect.in

India’s power demand surge may require national electricity plan revision

New Delhi : India’s power sector is experiencing a significant surge in demand, with projections indicating that peak power consumption could reach an unprecedented 260 gigawatts (GW) during September or October this year. : Business Standard

Oil and Gas

BPCL Partners with Indian Olympic Association as Principal Sponsor from Paris 2024 to Los Angeles 2028

Mumbai : Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company, proudly announces its partnership with the Indian Olympic Association (IOA) as the official Principal Partner for four years, starting from Paris Olympics ’24 through Los Angeles Olympics ’28. : muscatdaily.com

Oil near two-month high mark on Hurricane Beryl forecast, low US crude inventories; Brent at $86

New Delhi : Crude oil prices traded higher on Wednesday, July 3, hovering near the two-month high level after a larger-than-expected decline in US crude stocks supported the rise in prices. : Mint

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On July 3

New Delhi : Petrol, and Diesel Prices On July 3, 2024: OMCs have announced fresh petrol and diesel prices on Wednesday, July 3. The country’s Petrol and diesel prices depend on crude oil prices internationally. Fluctuations in crude oil prices lead to changes in fuel prices in India. : news18.com

Pune Petrol Dealers Association Distributes 10,000 Raincoats To Warkaris

Pune : In a gesture of social responsibility, the Petrol Dealers Association in Pune distributed 10,000 raincoats made of recycled plastic to the warkaris participating in the Ashadhi Wari. : Free Press Journal

Need to unbundle natural gas marketing and transportation, says Indian Gas Exchange CEO

New Delhi : India needs an independent system operator to ensure fair access to full capacity of natural gas pipelines for all market players, says Indian Gas Exchange (IGX) CEO Rajesh Kumar Mediratta. : Economic Times

Gas traded on IGX sees 169% growth in June buoyed by demand from power plants

New Delhi : Gas volumes traded on the Indian Gas Exchange (IGX) in June clocked a growth of 169 percent on year-on-year basis at 4.36 million MMBtu (~110 MMSCM). On month-on-month basis, the volumes were lower 11 percent. : psuwatch.com

Oil prices rise amid a big draw in US oil stocks

New Delhi : Oil prices rose in early Asian trade on Wednesday as industry data indicated a larger-than-expected reduction in U.S. crude stocks, raising hopes for steady fuel demand during the summer driving season in the world’s largest oil consumer. : indiainfoline.com

OPEC makes $680B in crude oil revenues in 2023

New Delhi : OPEC achieved revenues from oil exports worth $679.75 billion in 2023, with oil revenues accounting for 46.50% of member nations’ total exports. : arabtimesonline.com