27-July-2024
Power
POWERGRID posts Profit After Tax (PAT) of ?3,724crore and Total Income ?11,280crore for Q1FY25 on Consolidated Basis
New Delhi : Power Grid Corporation of India Limited (POWERGRID), a ‘Maharatna’ Company under Ministry of Power, GoI, has announced financial results for Q1FY25. : Sarkaritel.com
Nuclear power plants at Kudankulam delivers 100 billion kWh
Chennai : The two 1,000 MW nuclear power plants at Tamil Nadu’s Kudankulam have delivered 100 billion kWh to the Indian power grid, Russian integrated atomic power major Rosatom said. According to Rosatom, the two units are operating in the routine mode and demonstrating efficiency above the rated values. : Sarkaritel.com
UNION MINISTER MANOHAR LAL INAUGURATES NATIONAL FEEDER MONITORING SYSTEM CONTROL CENTRE AT REC LIMITED ON IT’S 55TH FOUNDATION DAY
New Delhi : Union Power Minister Manohar Lal inaugurates National Feeder Monitoring System Control Centre at REC Limited on it’s 55th Foundation Day. Addressed at the 55th Foundation Day of RECL along with MOS Shri shri Padynaik, CMD REC Ltd, Vivek Kumar Dewangen in Gurugram today. : globalgreenews.com
PowerGrid Q1 results: Net profit up 3.52% at Rs 3,723.92 cr as income rises
New Delhi : Power Grid Corporation of India (PowerGrid) on Friday posted a 3.52 per cent rise in its consolidated net profit to Rs 3,723.92 crore for the June quarter, mainly on account of higher income. : Business Standard
BHEL bags Rs 10,000 crore thermal project from DVC
New Delhi : State-owned Bharat Heavy Electricals Limited (BHEL) on Friday said it has bagged a thermal project worth Rs 10,000 crore from Damodar Valley Corporation (DVC). : psuwatch.com
NTPC Unchahar Offers Free Education To 12 Outstanding Girls
New Delhi : As part of the girl empowerment initiative, NTPC Unchahar has offered free education to twelve outstanding girls from the summer workshop. Out of the 120 participants, these high-achieving girls are getting admission to the DAV Public School located within the NTPC Unchahar residential complex. : indianpsu.com
Import duty exemption on solar goods to reduce project costs by up to 5 per cent
New Delhi : Import duty exemption on solar goods to reduce project costs by up to 5 per cent. : Economic Times
Centre rolls out vendor rating programme for PM-Surya Ghar: Muft Bijli Yojana
New Delhi : Centre rolls out vendor rating programme for PM-Surya Ghar: Muft Bijli Yojana. : Economic Times
Canadian and Indian solar firms join forces on US cell factory
New Delhi : Canadian and Indian solar firms join forces on US cell factory. : Economic Times
Tata Power Solar partners with Bank of India for rooftop solar and EV charging loans
New Delhi : Tata Power Solar partners with Bank of India for rooftop solar and EV charging loans. : Economic Times
Sterling and Wilson Renewable wins 1 GWh battery storage, 20 MW floating solar projects
New Delhi : Sterling and Wilson Renewable Energy Ltd (SWREL), an Indian multinational renewable EPC provider, announced that it has received the order for setting up a standalone battery energy storage (BESS) plant with a cumulative capacity of 1 GWh (500 MW x 2 hours) in the Indian state of Rajasthan. : pv-magazine.com
REC Gets National Feeder Monitoring System Control Centre
New Delhi : REC Gets National Feeder Monitoring System Control Centre. : saurenergy.com
SJVN Secures First Pumped Storage Project In Mizoram
New Delhi : SJVN Secures First Pumped Storage Project In Mizoram. : saurenergy.com
Power Grid Q1 Results: Standalone profit falls 4% YoY to Rs 3,412 crore, revenue down 2%
New Delhi : Power Grid on Friday reported a standalone net profit of Rs 3,412 crore in the first quarter ended June 2024. This is a fall of 4% from Rs 3,542 crore posted in the same quarter last year. : Economic Times
Power Grid Q1 Results: Profit Rises 3.5%, Meets Estimates
New Delhi : Power Grid Corp.’s consolidated net profit rose 3.5% in the first quarter of fiscal 2025, meeting analysts’ estimates. : NDTV Profit
Adani Energy Solutions posts Rs 1,190 cr loss in Q1
New Delhi : Adani Energy Solutions posts Rs 1,190 cr loss in Q1. : Economic Times
Nuclear power surge: 21 new reactors to boost capacity by 15,300 MW
New Delhi : Nuclear power surge: 21 new reactors to boost capacity by 15,300 MW. : Economic Times
Tata Solar, ReNew, Avaada Electro ask govt for visas for Chinese professionals
New Delhi : Tata Solar, ReNew, Avaada Electro ask govt for visas for Chinese professionals. : Economic Times
Budget 2024-25 and the future of Energy Transition in India
New Delhi : Budget 2024-25 and the future of Energy Transition in India. : Economic Times
A bold step forward: India’s budget champions solar power and climate resilience
New Delhi : A bold step forward: India’s budget champions solar power and climate resilience. : Economic Times
Sterling and Wilson Wins 1,000 MWhr battery energy storage project in Rajasthan
New Delhi : Sterling and Wilson Wins 1,000 MWhr battery energy storage project in Rajasthan. : Economic Times
Budget 2024: Making technology the electricity to power India’s economy
New Delhi : The government plans to encourage the private sector to develop digital public infrastructure (DPI) apps in core areas of the Indian economy. : Mint
SECI allocates 630 MW renewables-plus-storage at average price of $0.059 /kWh
New Delhi : Solar Energy Corp. of India’s fourth tender for selection of developers to supply firm and dispatchable power from RE projects with energy storage system has yielded a tariff of INR 4.98 ($0.059)/kWh. : pv-magazine.com
Govt to increase availability of coal for NRS sector under FSA for long-term: Sources
New Delhi : With a mandate to reduce the import of coal that can be substituted via domestic production to zero by FY2025-26, the government is planning to increase the availability of coal, tied up under long-term Fuel Supply Agreements (FSA), for the Non-Regulated Sector (NRS), sources in the know of the matter told PSU Watch. : psuwatch.com
National Feeder Monitoring System Control Centre inaugurated at REC HQ Gurugram
New Delhi : Union Minister of Power and Housing & Urban Affairs, Manohar Lal, inaugurated the National Feeder Monitoring System (NFMS) Control Centre at REC Headquarters in Gurugram on Thursday, on the 55th Foundation Day of REC Limited. : psuconnect.in
Rajasthan To Allows Pvt Edu Centers To Use Net-Billing During Vacations
New Delhi : Rajasthan To Allows Pvt Edu Centers To Use Net-Billing During Vacations. : saurenergy.com
SECI’s FDRE Tender Breaks New Ground With sub 5 Tariff at Rs 4.98/unit
New Delhi : SECI’s FDRE Tender Breaks New Ground With sub 5 Tariff at Rs 4.98/unit. : saurenergy.com
Tata Power Solar partners Bank of India for low-cost finance to rooftop solar and EV charging station customers
New Delhi : Tata Power Solar Systems Ltd, an arm of Tata Power Renewable Energy Ltd, has partnered with Bank of India, a public sector bank, to provide affordable and easy financing solutions for its customers looking to invest in either rooftop solar or electric vehicle (EV) charging infrastructure. : pv-magazine.com
SJVN receives Letter of Intent from Mizoram Government for 2400 MW Darzo Lui Pumped Storage Project
Shimla : SJVN has received a Letter of Intent (LoI) from Government of Mizoram for allotment of Darzo Lui Pumped Storage Project to the company through MOU route on nomination basis. With an installed capacity of 2400 MW, the Pumped Storage Project has been proposed across Darzo Nallah, a tributary of Tuipui river. : psuconnect.in
Oil and Gas
MRPL issues expression of interest to sell jet fuel term supplies, sources say
New Delhi : MRPL issues expression of interest to sell jet fuel term supplies, sources say. : Economic Times
NGT stays Rs 1 crore fine on Reliance Industries over installation of vapour recovery system
New Delhi : NGT stays Rs 1 crore fine on Reliance Industries over installation of vapour recovery system. : Economic Times
Coal Ministry Drives Initiatives to Boost Coal Gasification Projects Across the Nation
New Delhi : India’s vast coal reserves, estimated at 378 billion tonnes with about 199 billion tonnes classified as ‘proven’, present significant opportunities for energy production. Currently, around 80% of India’s coal is utilized in thermal power plants. : Sarkaritel.com
Indian Railways to launch first Hydrogen train this year, aims for 50 by 2047
New Delhi : Indian Railways to launch first Hydrogen train this year, aims for 50 by 2047. : Economic Times
PNGRB revises petroleum pipeline tariffs: New rules to impact all pipelines from August 2024
New Delhi : PNGRB revises petroleum pipeline tariffs: New rules to impact all pipelines from August 2024. : Economic Times
Philippines to deploy floating barriers to contain oil spill
New Delhi : Philippines to deploy floating barriers to contain oil spill. : Economic Times
Older petroleum product pipeline tariff to rise 17% after PNGRB’s new regulation
New Delhi : Tariffs for older petroleum product pipelines will increase 17% next month and rise 3.4% annually from next year to account for inflation and to ensure a reasonable return to operators, the Petroleum and Natural Gas Regulator Board (PNGRB) has said. : Economic Times
Gujarat sees an increase of nearly 200K piped gas connections, says govt
New Delhi : Gujarat has been actively contributing towards achieving the vision of Prime Minister Narendra Modi’s net-zero carbon emissions, which have to be achieved by 2070. : Business Standard
Iran releases oil carried by tanker St Nikolas, cargo owner says
New Delhi : Iran releases oil carried by tanker St Nikolas, cargo owner says. : Economic Times
Mexico seeks more 2025 fuel import deals after refinery delays
New Delhi : Mexico seeks more 2025 fuel import deals after refinery delays. : Economic Times
Gujarat Achieves Significant Milestones in PNG Adoption and Carbon Emission Goals
New Delhi : Gujarat is actively contributing to Prime Minister Narendra Modi’s net-zero carbon emissions vision for 2070. : devdiscourse
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On July 26
New Delhi : Petrol, Diesel Prices Today On July 26, 2024: Oil marketing companies (OMCs) announce fuel prices at 6 am every day. The OMCs adjust prices in response to global crude oil prices and fluctuations in foreign exchange rates, ensuring consumers are always informed about the latest fuel costs. : news18.com
