31-July-2024
Power
” New Delhi : REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power & a leading NBFC.” : Sarkaritel.com
RECPDCL waxay ku wareejisay NERGS-I Power Transmission Limited Shirkadda Techno Electric & Engineering Limited
New Delhi : REC Power Development and Consultancy Limited (RECPDCL), oo ah shirkad ay wada leeyihiin REC Limited, Maharatna CPSU oo hoos timaada waaxda Wasaaradda Korontada & NBFC. : psuconnect.in
RECPDCL HANDS OVER NERGS-I POWER TRANSMISSION LIMITED TO TECHNO ELECTRIC & ENGINEERING COMPANY LIMITED
New Delhi : REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power & a leading NBFC. : globalgreenews.com
RECPDCL hands over NERGS-I power transmission SPV to Techno Electric
New Delhi : REC Power Development and Consultancy Limited (RECPDCL) has transferred the ownership of ‘NERGS-I Power Transmission Limited’ to Techno Electric & Engineering Company Limited. : psuwatch.com
India to add 80 GW coal-based capacity by 2032, total investment pegged at Rs. 6.67 lakh crore
New Delhi : India to add 80 GW coal-based capacity by 2032, total investment pegged at Rs. 6.67 lakh crore. : Economic Times
Power Grid planning Rs 40,000-cr subsea interconnection with Middle East in 5 yrs
New Delhi : Power Grid planning Rs 40,000-cr subsea interconnection with Middle East in 5 yrs. : Economic Times
Kalpataru Projects International Q1 net profit falls 26 pc to Rs 84 cr
New Delhi : Kalpataru Projects International Q1 net profit falls 26 pc to Rs 84 cr. : Economic Times
Power Grid Corp projects capex guidance of over ?2 lakh crore by 2032; stock hits 3% upper circuit
New Delhi : Power Grid Corporation Share Price: Power Grid Corporation’s share price hit over three upper circuits on Tuesday, July 30, after the state-owned power transmitter raised its capex (capital expenditure) guidance to more than ?2 lakh crore by 2032. : Mint
SJVN increases renewables-plus-storage tender capacity to 2.4 GW
New Delhi : SJVN has invited bids from renewable energy developers to supply 1.2 GW of firm and dispatchable power from RE projects with energy storage system, with greenshoe option of additional capacity up to 1.2 GW. : pv-magazine.com
THDC India To Invest ?6600 Crore As UP Government Grants In-principal Approval To 1200 Megawatt Pumped Storage Power Plant In Sonbhadra
New Delhi : The Uttar Pradesh government has granted in-principal approval for 1200 megawatt pumped storage power plant project of THDC India in the Robertsganj tehsil of Sonbhadra district. : indianpsu.com
NHPC Ltd signs Power Purchase Agreement with UPPCL
New Delhi : State-owned NHPC Ltd has announced that a Power Purchase Agreement has been signed by NHPC and CVPPL with UPPCL (UP) at Lucknow for purchase of Power from 2880MW Dibang ,1856MW Sawalkot and 240MW Uri I Stage II HE Projects of NHPC & 624MW Kiru HEP of CVPPL (for 40 yrs from COD). : psuconnect.in
UPERC Proposes To Change Eligibility Criteria For Open Access
New Delhi : UPERC Proposes To Change Eligibility Criteria For Open Access. : saurenergy.com
RECPDCL Hands Over NERGS-I Power Transmission Project to Techno Electric
New Delhi : REC Power Development and Consultancy Limited (RECPDCL) has handed over a project-specific SPV to Techno Electric & Engineering Company Limited. : rediff.com
RECPDCL Hands Over NERGS-I Power Transmission To Techno Electric & Engineering Company
New Delhi : REC Power Development and Consultancy (RECPDCL), a wholly owned subsidiary of REC, the Maharatna CPSU under the aegis of Ministry of Power & a leading NBFC, handed over a project specific SPV (Special Purpose Vehicle). : Business World
REC arm hands over NERGS-I Power Transmission project to Techno Electric
New Delhi : REC Power Development and Consultancy Limited (RECPDCL) has handed over a project-specific SPV to Techno Electric & Engineering Company Limited. : Economic Times
REC arm hands over NERGS-I Power Transmission project to Techno Electric
New Delhi : REC Power Development and Consultancy Limited (RECPDCL) has handed over a project-specific SPV to Techno Electric & Engineering Company Limited. : ptinews.com
India eyes export of 15 MT coal to neighboring countries amidst production boost
New Delhi : India eyes export of 15 MT coal to neighboring countries amidst production boost. : Economic Times
Power surge: Renewable capacity hits 195,013 MW, transmission network grows by 195,181 Ckm
New Delhi : Power surge: Renewable capacity hits 195,013 MW, transmission network grows by 195,181 Ckm. : Economic Times
Power, energy sector in India sees 9 pc growth in hiring in H1FY25: Report
New Delhi : Power, energy sector in India sees 9 pc growth in hiring in H1FY25: Report. : Economic Times
Energy security, energy transition critical for India’s economy and ecology: PM Modi
New Delhi : Energy security, energy transition critical for India’s economy and ecology: PM Modi. : Economic Times
India to add 80 GW coal-based capacity by 2032, total investment pegged at Rs 6.67 lakh crore
New Delhi : India to add 80 GW coal-based capacity by 2032, total investment pegged at Rs 6.67 lakh crore. : Economic Times
Nepal becomes net electricity exporter for the first time in FY 2023-24
Kathamandu, Nepal : Nepal becomes net electricity exporter for the first time in FY 2023-24. : Economic Times
Priority to energy transition in the budget
New Delhi : Priority to energy transition in the budget. : Economic Times
Torrent Power Q1 result: Net profit up 88% at Rs Rs 972 cr on robust demand
New Delhi : Indian energy provider Torrent Power posted an 88 per cent rise in first-quarter profit on Tuesday, helped by surging power demand. : Business Standard
Japan’s 20th solar auction concludes with average final price of $0.029/kWh
Tokyo, Japan : Japan’s Green Investment Promotion Organization has released the final results of its latest auction for utility-scale solar energy projects. : pv-magazine.com
Waaree Renewable Q1 profit up 209% YoY
New Delhi : Waaree Renewable Technologies, the solar EPC arm of Waaree Group, has reported a revenue of INR 236.35 crore and net profit of INR 28.16 crore for the first quarter of FY 2024-25. : pv-magazine.com
Oriana Power Receives 10 MW Solar Project From Tamil Nadu
New Delhi : Oriana Power Receives 10 MW Solar Project From Tamil Nadu. : saurenergy.com
NTPC Achieves 76 GW Capacity, Adds 4 GW In FY24
New Delhi : NTPC Achieves 76 GW Capacity, Adds 4 GW In FY24. : saurenergy.com
DERC frames new regulations for solving grievances of electricity consumers
New Delhi : The national capital’s power regulator DERC has framed new regulations for solving grievances of the city’s electricity consumers, providing for help desks, three tier redressal mechanism and automatic transfer of complaints among other steps. : newsdrum.in
Oil and Gas
GAIL clocks Revenue of Rs 33,692 crore, PAT of Rs 2,724 crore in Q1 FY-25
New Delhi : GAIL (India) Limited reported Revenue from Operations of Rs 33,692 crore in Q1 FY-25 as against Rs 32,227 crore in Q1 FY-24. Profit before Tax (PBT) in Q1 FY-25 stood at Rs 3,642 crore as against Rs 1,889 crore in Q1 FY-24. Profit after Tax (PAT) in Q1 FY-25 stood at Rs 2,724 crore as against Rs 1,412 crore in Q1 FY-24. : Sarkaritel.com
Indian Oil posts 75 per cent fall in Q1 net profit at Rs 3,722 crore
New Delhi : Indian Oil Corporation on Tuesday reported a 75 per cent decline in its consolidated net profit at Rs 3,722.63 crore for the April-June quarter of the current financial year, compared to Rs 14,735.30 crore in the same quarter last year. : Sarkaritel.com
MRPL wins Greentech Pollution Control Waste Management & Recycling Award
New Delhi : The Mangalore Refinery and Petrochemicals Limited (MRPL) has been awarded the prestigious Greentech Pollution Control Waste Management & Recycling Award in the Circular Economy Leadership category. : psuwatch.com
India HPCL scouts for LNG deals, hopes to start LNG terminal by Dec
New Delhi : India HPCL scouts for LNG deals, hopes to start LNG terminal by Dec. : Economic Times
GAIL Q1 results: Net profit rises 77% YoY to ?3,183 crore, revenue at ?34,822 crore
New Delhi : GAIL (India) Ltd. reported a 77.5 per cent increase in consolidated net profit for the first quarter of the financial year 2025, surpassing analysts’ expectations. : Mint
Gail Q1FY25 results: PAT jumps 77.5% to Rs 3,183.35 cr on high gas margin
New Delhi : State-run gas supplier Gail on Tuesday reported a 77.5 per cent rise in consolidated net profit at Rs 3,183.35 crore in the first quarter (January-March) of 2024-25 (FY25) against Rs 1,793 crore in the year-ago period. Sequentially, Gail’s net profit rose 28.6 per cent, up from Rs 2,474 crore. : Business Standard
GAIL clocks 25 per cent rise in Q1 net profit at Rs 2,724 crore
New Delhi : GAIL (India) Ltd on Tuesday reported a 25 per cent increase in net profit at Rs 2,724 crore for the April-June quarter of 2024-25, compared to the corresponding figure of Rs 2,177 crore in Q1 FY-24. : daijiworld.com
India’s refining capacity to hit 309.5 MMTPA by 2028; GVA of petroleum products at ?2.12 lakh crore
New Delhi : India’s refining capacity to hit 309.5 MMTPA by 2028; GVA of petroleum products at ?2.12 lakh crore. : Economic Times
Govt allocates ?7,500 cr for seismic data acquisition to boost hydrocarbon exploration
New Delhi : Govt allocates ?7,500 cr for seismic data acquisition to boost hydrocarbon exploration. : Economic Times
Energy security, energy transition critical for India’s economy and ecology: PM Modi
New Delhi : Energy security, energy transition critical for India’s economy and ecology: PM Modi. : Economic Times
IOCL Q1 net profit plunges 81% to ?2,643 crore
New Delhi : Indian Oil Corporation Ltd. (IOCL) reported first quarter standalone net profit sharply plunged 81% to ?2,643 crore as compared with ?13,750 crore in the year ago period. : Hindu
Indian Oil Q1 Results: Revenue remains flat sequentially; refining margins better than estimates
New Delhi : Indian Oil saw its gross refining margin better than street expectations. The company’s GRM for the June quarter stood at $6.39 per barrel, compared to an estimate of $6 per barrel. : cnbc.com
Asia’s LNG demand heats up: Imports hit 68 million tonne in Q2 as utilities scramble for supplies
New Delhi : Asia’s LNG demand heats up: Imports hit 68 million tonne in Q2 as utilities scramble for supplies. : Economic Times
HPCL Q1 net profit slumps 90 pc on fall in refining, fuel margin
New Delhi : HPCL Q1 net profit slumps 90 pc on fall in refining, fuel margin. : Economic Times
BP raises dividend as $2.8 bln quarterly profit beats forecasts
New Delhi : BP raises dividend as $2.8 bln quarterly profit beats forecasts. : Economic Times
IOCL Q1 result: Net profit falls 75% to Rs 3,528 cr on low refining margins
New Delhi : In the first quarter of FY25 (April-June), state-run Indian Oil Corporation Ltd (IOCL) saw its consolidated net profit steeply fall 75 per cent to Rs 3,528 crore, down from the Rs 14,436 crore net profit registered in Q1 FY24. : Business Standard
Investors pin hope of govt support amid under-recoveries of BPCL, HPCL
New Delhi : The market responded positively to the Q1 results of oil marketing companies (OMCs), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) despite numbers being weaker than consensus. : Business Standard
IOC Q1 results, standalone net profit stood at Rs 2643 crore
New Delhi : State-owned Indian Oil has reported a fall of 81% in standalone net profit to Rs 2,643 crore in Q1, down from Rs 13,750 crore a year ago in the quarterly results of FY25. : psuconnect.in
Madhya Pradesh govt’s big announcement: Gas cylinder at Rs 450 to Ladli Behna beneficiaries
New Delhi : In a major move, the Madhya Pradesh government on Tuesday announced that it will provide gas cylinder at Rs 450 to Ladli Behna scheme beneficiaries throughout the year. : Business Today
GAIL Clocks 25 Per Cent Rise In Q1 Net Profit At Rs 2,724 Crore
New Delhi : GAIL (India) Ltd on Tuesday reported a 25 per cent increase in net profit at Rs 2,724 crore for the April-June quarter of 2024-25, compared to the corresponding figure of Rs 2,177 crore in Q1 FY-24. : hydrogenfuelnews.com
GAIL clocks revenue of Rs 33,692 crore, PAT of Rs 2,724 crore in Q1 FY-25
New Delhi : GAIL (India) Limited reported Revenue from Operations of Rs 33,692 crore in Q1 FY-25 as against Rs 32,227 crore in Q1 FY-24. : prameyanews7.com
IOC net profit drops 81 pc in Q1 on low refining margin, fuel under-recoveries
New Delhi : IOC net profit drops 81 pc in Q1 on low refining margin, fuel under-recoveries. : Economic Times
Indian Oil Q1 Results: Profit Falls 45%, Misses Estimates
New Delhi : Indian Oil Corp.’s profit fell sequentially in the first quarter of financial year 2025, missing analysts’ estimates by a wide margin. The government-owned oil marketing company’s standalone net profit declined to Rs 2,643 crore in the April–June period, as compared to Rs 4,838 crore in the previous quarter, according to an exchange filing on Tuesday. : NDTV Profit
IOCL Q1 2024-25 results: Net profit plummets 74.73%, ?1,698.67 crore Bihar terminal construction approved
New Delhi : Indian Oil Corporation Ltd (IOCL) has announced its first quarter results for the financial year 2024-25 on Tuesday, July 30, 2024. : Hindustan Times
Indian Oil Q1FY25 results: PAT plunges 81% to Rs 2,643 cr on low margins
New Delhi : Indian Oil Corp (IOC) reported a nearly 81 per cent plunge in first-quarter profit on Tuesday, weighed by lower marketing margins. : Business Standard
IOC gets nod from board to construct greenfield marketing terminal at Bihta, Patna
New Delhi : Indian Oil Corporation (IOC) has received the stage-I approval from its Board of Directors for the construction of a greenfield terminal at Bihta in Patna, Bihar, on Barauni-Kanpur product pipeline and Patna-Motihari-Baitalpur Pipeline. : psuwatch.com
Q1 FY25: Indian Oil’s net profit plunges 75% y-o-y; EPS down from 10.48% to 2.56%
New Delhi : The net profit of India’s largest oil marketing company (OMC), Indian Oil Corporation (IOC), plunged 75 percent in Q1 of FY2024-25 year-on-year on account of weak Gross Refining Margin (GRM) and high crude oil prices. : psuwatch.com
GAIL registers profit of Rs 2,724 crore in Q1 FY-25
New Delhi : GAIL (India) Limited reported Revenue from Operations of Rs 33,692 crore in Q1 FY-25 as against Rs 32,227 crore in Q1 FY-24. : psuconnect.in
Minister of Petroleum says India has one of the lowest fuel prices
New Delhi : Minister of Petroleum & Natural Gas, Hardeep Singh Puri has stated that in India today, we have one of the lowest fuel prices, and this is the only country where prices have actually decreased in the last 2.5-3 years. : Business Standard
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On July 30
New Delhi : Petrol, Diesel Prices Today On July 30, 2024: Oil marketing companies (OMCs) announce fuel prices at 6 am on a daily basis. : news18.com
