19-July-2024
Power
” New Delhi : In a heartwarming display of solidarity and compassion, NTPC Bongaigaon employees have come together to support families devastated by floods in Kokrajhar’s Eastern Range, Athiabari, Dotma Revenue Circle.” : Sarkaritel.com
Tata Power Renewable Energy, NHPC to drive solar initiative for govt buildings pan-India
New Delhi : Tata Power Renewable Energy Limited (TPREL) on Thursday joined NHPC Renewable Energy Limited (NHPC-REL) to spearhead the installation of rooftop solar projects on government buildings across the country. : Sarkaritel.com
NTPC Korba launches Inter-District Junior Girls Football Championship and Coaching Camp
New Delhi : Today, NTPC Korba proudly inaugurated the Inter-District Junior Girls Football Championship and Coaching Camp, marking a significant step towards promoting grassroots football talent in Chhattisgarh. : psuconnect.in
DVC to be corporatised, divided into 3 entities keeping ownership intact
New Delhi : DVC to be corporatised, divided into 3 entities keeping ownership intact. : Economic Times
Corporate funding in solar sector globally dips 10 pc to USD 16.6 bn in Jan-Jun: Mercom
New Delhi : Corporate funding in solar sector globally dips 10 pc to USD 16.6 bn in Jan-Jun: Mercom. : Economic Times
TPREL, NHPC partner to solarize government buildings by 2025
New Delhi : TPREL, NHPC partner to solarize government buildings by 2025. : Economic Times
‘From losses to profit’: Haryana’s power sector transformation explored in new book
New Delhi : ‘From losses to profit’: Haryana’s power sector transformation explored in new book. : Economic Times
India to expand rooftop solar with $240.5 million from ADB
New Delhi : India to expand rooftop solar with $240.5 million from ADB. : Economic Times
Toshiba to invest Rs 500 crore to increase production capacity of power transmission
New Delhi : Toshiba Transmission & Distribution Systems India (TTDI) on Thursday said it will invest Rs 500 crore to increase the manufacturing capacity of power and distribution transformers by approximately 1.5 times. : Economic Times
Sterling and Wilson Renewable Energy reports Rs 4.8 cr profit in Q1 profits
New Delhi : Sterling and Wilson Renewable Energy Ltd on Thursday posted a net profit of Rs 4.83 crore for the June quarter. : Business Standard
Amidst power demand hitting peak, Rs 44K cr transmission projects delayed
New Delhi : Transmission projects intended to cater to increased power demand have encountered a setback, revealed the latest data from the Union Ministry of Statistics and Programme Implementation. : Business Standard
Tata Power Renewable Energy, NHPC partner for rooftop solar installation on government buildings
New Delhi : Tata Power Renewable Energy Ltd (TPREL), an arm of Tata Power, has signed a Memorandum of Understanding (MoU) with NHPC Renewable Energy Ltd (NHPC-REL) for installation of rooftop solar projects across government buildings of central ministries, states, and union territories. : pv-magazine.com
JinkoSolar-led group to build 10 GW solar cell, module factory in Saudi Arabia
New Delhi : Chinese module maker JinkoSolar is leading a consortium that plans to build a 10 GW solar cell and module factory at an unspecified location in Saudi Arabia. : pv-magazine.com
Solar corporate funding hits $16.6 billion in H1
New Delhi : Total corporate funding in the solar sector reached $16.6 billion in the first half of 2024, according to data released by Mercom Capital Group in its latest solar funding and merger and acquisition (M&A) report. : pv-magazine.com
Freyr Energy Intensifies Expansion In Uttar Pradesh, Set To Solarize 1,000+ Homes In The State By March 2025
New Delhi : Freyr Energy, India’s leading rooftop solar solutions company, is ramping up its initiatives to grow the business in Uttar Pradesh’s residential rooftop segment. : indianpsu.com
Govt extends RP Goyal’s additional charge as NHPC CMD by 3 months
New Delhi : The Government has extended the additional charge of Rajendra Prasad Goyal as NHPC CMD by three months, according to a regulatory filing. : psuwatch.com
PM Surya Ghar: All government buildings in India to be solarised by 2025
New Delhi : Government offices in India have received a mandate to ensure 100 percent solarisation by 2025 under PM Surya Ghar scheme. : psuwatch.com
NTPC Bongaigaon Employees Rallies for Flood Relief in Kokrajhar
New Delhi : In a heartwarming display of solidarity and compassion, NTPC Bongaigaon employees have come together to support families devastated by floods in Kokrajhar’s Eastern Range, Athiabari, Dotma Revenue Circle. : psuconnect.in
Sterling and Wilson Renewable Energy reports Rs 4.8 cr profit in Q1
New Delhi : Sterling and Wilson Renewable Energy reports Rs 4.8 cr profit in Q1. : Economic Times
Two South Eastern Coalfields blocks among world’s 10 largest coal mines
New Delhi : Two South Eastern Coalfields blocks among world’s 10 largest coal mines. : Economic Times
Bridging the gaps for India’s energy transition
New Delhi : Bridging the gaps for India’s energy transition. : Economic Times
IREDA to invest ?290 crore in Nepal’s 900 MW hydroelectric project
New Delhi : IREDA to invest ?290 crore in Nepal’s 900 MW hydroelectric project. : Economic Times
Record electricity demand met on Jul 16: Punjab Power Minister
Chandigarh : Record electricity demand met on Jul 16: Punjab Power Minister. : Economic Times
Union Power Minister Manohar Lal Khattar calls on state govt’s to make improvements in the sector
New Delhi : Underscoring the importance of the power sector in the country, Union Power Minister Manohar Lal Khattar has called on the state governments to make improvements in the sector to become self-sufficient. : Economic Times
Ultratech Cement raises 26% stake in solar, hybrid RE plants for self-consumption
New Delhi : UltraTech Cement Ltd has entered into a power purchase agreement and share subscription agreement to acquire 26% equity shares of Amplus Omega Solar with an investment of up to INR 24.3 crore. : pv-magazine.com
Freyr Energy aims to solarize 1,000+ homes in Uttar Pradesh by March 2025
New Delhi : Freyr Energy, which has an installed solar capacity of 3.4 MW in Uttar Pradesh, is eyeing expansion into the state’s residential sector as well. : pv-magazine.com
Sterling and Wilson Renewable Energy revenue grows 78% YoY in Q1
New Delhi : Sterling and Wilson Renewable Energy Ltd, a leading renewable EPC solutions provider, has reported an INR 915 crore revenue for the first quarter of FY 2025, a 78% increase from INR 515 crore in the same period of the previous fiscal. Revenue from EPC business was INR 858.61 crore. : pv-magazine.com
Two Of World’s Five Largest Coal Mines Now In India
New Delhi : Chhattisgarh-based Coal India subsidiary South Eastern Coalfields Limited’s (SECL) Gevra and Kusmunda coal mines have secured the 2nd and 4th spot in the list of the world’s 10 largest coal mines released by WorldAtlas.com. : indianpsu.com
PM Surya Ghar: NHPC, TPREL to install rooftop solar projects across govt buildings
New Delhi : State-run NHPC Limited’s green subsidiary, NHPC Renewable Energy Limited (NHPC-REL), has signed a memorandum of understanding (MoU) with Tata Power Renewable Energy Limited (TPREL) for collaboration in the installation of Rooftop Solar projects across government buildings of Central ministries, states and Union Territories, said NHPC in a statement. : psuwatch.com
Nepal, India, Bangladesh to sign tripartite power trading deal on July 28
New Delhi : Nepal will sign a tripartite power trading deal next week to export 40 MW of electricity to Bangladesh via India, a senior official said on Thursday. : psuwatch.com
Rajendra Prasad Goyal gets three months extension as NHPC CMD
New Delhi : The government has extended the additional charge of Rajendra Prasad Goyal as NHPC CMD by three months, according to a regulatory filing. His extension is with effect from June 1, 2024, NHPC said. : psuconnect.in
Oil and Gas
Indian Oil capex at Rs 8,500 crore in Q1, ONGC’s Rs 8,000 crore
New Delhi : Indian Oil Corporation spent about ?8,500 crore and ONGC ?8,000 crore in capital expenditure in the first quarter of this financial year, using up about a quarter of their annual spending budget. : Economic Times
ONGC sign MoU with GSI to advance geothermal exploration in Ladakh
New Delhi : The India’s largest crude oil and natural gas corporation, ONGC has signed a Memorandum of Understanding (MoU) with Geological Survey of India to advance geothermal exploration in Ladakh. The agreement was signed on 10 July 2024. : psuconnect.in
ONGC shares surged over 2% amid commencement of Coal Bed Methane Block production
New Delhi : The shares of the Oil PSU ONGC surged over 2.4% after the company announced that it had commenced production from Coal Bed Methane Block (CBM) in Bokaro, Jharkhand. : psuconnect.in
Consumption of natural gas rises by 7 pc in June as more Indians switch to green fuel
New Delhi : The consumption of natural gas in India went up 7.1 per cent in June to 5,594 million metric standard cubic metres (MMSCM), this year compared to the same month last year, as more households across the country are using the fuel for cooking; the demand is also rising in the urban transport segment, according to data compiled by the Ministry of Petroleum and Natural Gas. : Sarkaritel.com
Rajasthan govt begins process to explore coal bed methane reserves
Jaipur : Rajasthan govt begins process to explore coal bed methane reserves. : Economic Times
California first state to get federal funds for hydrogen energy hub to help replace fossil fuels
New Delhi : California first state to get federal funds for hydrogen energy hub to help replace fossil fuels. : Economic Times
QatarEnergy to take part in offshore Chevron-operated Suriname block
Dubai : QatarEnergy to take part in offshore Chevron-operated Suriname block. : Economic Times
Consumption of natural gas rises 7.1% YoY in June
New Delhi : Domestic natural gas consumption increased 7.1% year-on-year in June, aided by an 11.3% surge in imports. India imported 2,648 million metric standard cubic metres (MMSCM) of liquefied natural gas (LNG) in June, according to the petroleum and natural gas ministry data. : Economic Times
Nine crew from oil tanker that capsized off Oman have been recovered, India says
New Delhi : Nine crew from oil tanker that capsized off Oman have been recovered, India says. : Economic Times
Harnessing carbon capture to boost India’s methanol energy security and economy
New Delhi : Harnessing carbon capture to boost India’s methanol energy security and economy. : Economic Times
Spain to launch new USD 2.5 bn plan to support green hydrogen, renewable industry
New Delhi : Spain to launch new USD 2.5 bn plan to support green hydrogen, renewable industry. : Economic Times
Assam govt slashes VAT on CNG to 5% till March 2027
New Delhi : In a cabinet meeting on Thursday, the Assam government approved slashing the Value Added Tax (VAT) on Compressed Natural Gas (CNG) from the present 14.5 percent to 5 percent till March 31, 2027. : Mint
India’s national interest paramount: Russian FM Lavrov on energy ties
New Delhi : India is a great power that determines its national interests and chooses its partners, Russian Foreign Minister Sergey Lavrov has said, describing as completely unjustified the enormous pressure on New Delhi due to its energy cooperation with Moscow. : Business Standard
