13-July-2024
Power
” New Delhi : M. Prasanna Kumar, Chairman and Managing Director, NLC India Limited is presented the Best CEO Corporate Management Innovative Leadership Excellence Award 2023 – 24 on the occasion of the 24th Annual Geominetech International Symposium held at Bhubaneswar on 11th & 12th July 2024.” : Sarkaritel.com
” New Delhi : Essar Energy Transition (EET), on Friday, announced the launch of EET Hydrogen Power, Europe’s first hydrogen-ready combined heat and power plant (CHP) to be built at its Stanlow refinery, with the aim of completing construction in 2027.” : Sarkaritel.com
MR. SANDEEP KUMAR APPOINTED AS DIRECTOR (FINANCE) OF POWER FINANCE CORPORATION LIMITED (PFC)
New Delhi : The Govt. of India appointed Shri Sandeep Kumar as Director (Finance) at Power Finance Corporation Limited (PFC), effective 11 July 2024. Before this appointment, he was Executive Director (Finance) at PFC since 01.01.2020 and is holding the position of Chief Financial Officer (CFO), PFC. : globalgreenews.com
NTPC launches 795 MW solar EPC tender
New Delhi : NTPC Renewable Energy Ltd has invited bids to install and commission 795 MW (two 275 MW blocks and one 245 MW block) solar PV projects on a turnkey basis at Khavda RE Power Park, Rann Of Kutch, Gujarat. : pv-magazine.com
NHPC signs MoU with Jila Civil Social Responsibility Association (UP) under CSR
New Delhi : A Memorandum of Understanding was signed between NHPC and Jila Civil Social Responsibility Association, Siddharthnagar (UP) under CSR on Thursday at NHPC Office Complex, Faridabad. : psuconnect.in
Coal India to ease e-auction norms; plans to tweak auction, allocation methodology
New Delhi : Coal India to ease e-auction norms; plans to tweak auction, allocation methodology. : Economic Times
Vijay Chand takes charge as Head of NTPC Talcher Thermal Power Project
New Delhi : Vijay Chand has taken charge as the new Head of Project at NTPC Talcher Thermal, effective July 10, 2024. With a distinguished career spanning over three decades, Chand brings extensive experience and expertise in the power sector to his new role. : psuwatch.com
World needs faster renewable energy expansion to meet 2030 targets: IRENA
New Delhi : World needs faster renewable energy expansion to meet 2030 targets: IRENA. : Economic Times
Oriana Power secures 40 MW solar project from cement company
New Delhi : Oriana Power announced this week that it has received a new order for a 40 MWp solar power plant under the Captive Segment. The project was awarded by a cement manufacturing company. : pv-magazine.com
Hindustan Zinc embarks on renewable energy drive, ties up with Serentica for 450 MW
New Delhi : Hindustan Zinc embarks on renewable energy drive, ties up with Serentica for 450 MW. : Economic Times
Amazon achieves 100% renewable energy goal seven years ahead of schedule
New Delhi : Amazon achieves 100% renewable energy goal seven years ahead of schedule. : Economic Times
Data centers to push India’s power generation needs, $280 billion investment expected
New Delhi : Data centers to push India’s power generation needs, $280 billion investment expected. : Economic Times
Indosolar unveils 1.3 GW solar module facility in Noida, aims to boost local jobs
New Delhi : Indosolar unveils 1.3 GW solar module facility in Noida, aims to boost local jobs. : Economic Times
Tata Power invests over Rs 4,200 cr in network expansion, upgrade in Odisha
New Delhi : Tata Power-led power distribution companies (Discoms) have invested Rs 4,245 crore in infrastructure expansion and network upgrade in Odisha over the past 3-4 years, the company said on Friday. : Economic Times
Coal India to ease e-auction rules, plans to tweak allocation methodology
New Delhi : Maharatna coal behemoth Coal India Limited (CIL) on Friday said it has taken steps to ease e-auction norms like lowering the earnest money and enhancing the quantity of the dry fuel on offer. : Business Standard
Waaree Subsidary Indosolar Commences 1.30 GW Solar Module Facility
New Delhi : Waaree Subsidary Indosolar Commences 1.30 GW Solar Module Facility. : saurenergy.com
Oriana Power Gets 40 MW Solar Project In Rajasthan
New Delhi : Oriana Power Gets 40 MW Solar Project In Rajasthan. : saurenergy.com
Serentica’s 180 MW PV Plant Powers Hindustan Zinc Project In Rajasthan
New Delhi : Serentica’s 180 MW PV Plant Powers Hindustan Zinc Project In Rajasthan. : saurenergy.com
Indosolar starts production at 1.3 GW solar module facility
New Delhi : Indosolar Ltd, a subsidiary of Waaree Energies, has announced the inauguration of its solar module manufacturing facility in Noida, India. : pv-magazine.com
Serentica Renewables begins green power supply to Hindustan Zinc
Mumbai : Hindustan Zinc, India’s largest and the world’s second-largest integrated zinc producer, announced the commencement of the first phase of renewable energy integration from Serentica Renewables, a leading C&I focused renewable energy developer in India. : psuconnect.in
THDCIL Commemorates 37th Foundation Day- A Reflection of Legacy & Success
New Delhi : THDC India Limited commemorated its 37th Foundation Day marking over three decades of transformative contributions to India’s energy landscape with grand celebration at the Corporate Office in Rishikesh, as well as across all its Projects and Unit offices across India. : psuconnect.in
Oil and Gas
Reliance Industries to announce Q1 results on July 19. Here’s what to expect
New Delhi : Reliance Industries Ltd, the energy-to-telecom conglomerate, will announce its earnings for the first quarter of FY25 on July 19. The company’s board of directors will meet and approve standalone and consolidated financial results for Q1FY24 on Friday, July 19. : Mint
SECI issues green hydrogen tranche-II tender for 450,000 MTPA capacity
New Delhi : SECI issues green hydrogen tranche-II tender for 450,000 MTPA capacity. : Economic Times
Essar Energy Transition launches EET Hydrogen Power
New Delhi : Essar Energy Transition launches EET Hydrogen Power. : Economic Times
Essar Energy Transition to establish Europe’s first hydrogen-ready power plant by 2027
New Delhi : Essar Energy Transition to establish Europe’s first hydrogen-ready power plant by 2027. : Economic Times
Policy stability, tax cuts needed for Oil & Gas exploration: Vedanta
New Delhi : India should ensure policy stability and lower taxes to incentivise exploration, a top Vedanta executive has said. “From the government side, we need stability in the contracts,” Steve Moore, deputy CEO of Vedanta’s oil & gas division, told an industry conference. : Economic Times
India oil consumption to rise to 7 million barrels a day by 2030: BP Outlook
New Delhi : India’s oil consumption is projected to rise to 7 million barrels per day (mbd) by 2030 from 5 mbd in 2022 in the ‘current trajectory’ scenario of the latest BP’s Energy Outlook. : Economic Times
Crude prices to average at $83-88 in FY25, may increase govt fiscal burden: CRISIL
New Delhi : The average crude oil prices are expected to surge in the fiscal year 2025 as compared to the previous year, highlights a report by Crisil. : Economic Times
Essar Energy to set up Europe’s 1st hydrogen-ready power plant in UK
New Delhi : Essar Energy Transition (EET) on Friday announced setting up of Europe’s first hydrogen-ready combined heat and power plant (CHP) at its Stanlow refinery in Ellesmere Port in the UK. : Business Standard
OMCs, private oil retailers to negotiate long-term oil deal with Russia: Source
New Delhi : State-run Oil Marketing Companies (OMCs) and private sector oil retailers will discuss the finer details of a long-term oil import deal with Russia, said a government source a day after New Delhi and Moscow agreed to explore new long-term oil import contracts during Prime Minister Narendra Modi’s visit. : psuwatch.com
Chandrababu Naidu eyes oil refinery, petrochem complex in Andhra with Rs 60,000 cr investment; meets BPCL officials
New Delhi : Andhra Pradesh Chief Minister N Chandrababu Naidu, a key ally of the National Democratic Alliance (NDA), that formed the government at the Centre, took to social media to announce that they are exploring the setting up of an oil refinery and petrochemical complex in the state. : meed.com
Aviation industry seeks tax breaks, ATF relief in Budget 2024
New Delhi : To reduce the burden of high fuel prices, the aviation industry in its budget recommendations has sought tax deduction and rationalisation to help make the sector more profitable, while seeking a priority sector lending tag for airports. : Moneycontrol.com
NE gas grid work in Tripura to be completed in March next year: Official
New Delhi : NE gas grid work in Tripura to be completed in March next year: Official. : Economic Times
Affordable fuel, not free market doctrine, is priority: Oil Minister Hardeep Puri
New Delhi : The government’s commitment is to make affordable fuel available to consumers rather than uphold free market doctrine, oil minister Hardeep Puri has said, defending a de facto control over pump prices in India over the last two years. : Economic Times
Indian state refiners in talks for long-term oil import deal with Russia, government source says
New Delhi : India’s state-run refiners are jointly negotiating a long-term oil import deal with Russia, a government source aware of the development said on Thursday. : Economic Times
World Bank’s second $1.5 billion loan reflects confidence in India’s green hydrogen policies
New Delhi : The Indian government’s policy interventions to foster a domestic ecosystem for green hydrogen and low-carbon energy have been confidence-inspiring, according to a World Bank representative, prompting the financial institution to extend a second $1.5 billion development loan within a year, marking a significant endorsement of India’s green energy initiatives. : Mint
Essar Energy Transition launches EET Hydrogen Power
New Delhi : Essar Energy Transition (EET) today announced the launch of EET Hydrogen Power, Europe’s first hydrogen-ready combined heat and power plant (CHP) to be built at its Stanlow refinery. The plant construction is set for completion in 2027. : pv-magazine.com
E&P Sector Offers Investment Opportunities Worth USD 100 Billion By 2030 : Petroleum Minister Hardeep Singh Puri
New Delhi : The Exploration and Production (E&P) sector offers investment opportunities worth 100 billion USD by 2030, said Hardeep Singh Puri, Minister of Petroleum & Natural Gas here today. The Minister was speaking at the inaugural session of first edition of Urja Varta. : indianpsu.com
Petrol, Diesel Price drops in Bhubaneswar on July 12, Check rates here
New Delhi : The prices of petrol and diesel have decreased in Bhubaneswar on July 12, 2024. On Friday, the price of petrol has been recorded at Rs 100.97 per litre, while diesel cost is recorded at Rs 92.55 per litre. : kalingatv.com
