09-Aug-2024
Power
” New Delhi : PFC, A Maharatna Company and leading NBFC in Indian power sector, has secured a long-term loan of JPY 25.5 billion from the Japan Bank for International Cooperation (JBIC). This loan is part of JBIC’s ‘Global Action for Reconciling Economic Growth and Environmental Preservation’ (“GREEN”) initiative.” : Sarkaritel.com
” New Delhi : President of Uganda Yoweri Kaguta Museveni and Vice President of Uganda, Jessica Alupo dedicated Nebbi and Arua Sub-stations built with POWERGRID as PMC to the nation in presence of the Cabinet Minister of Energy, Ruth Ssentamu Nankabirwa, MPs and top officials from UETCL.” : Sarkaritel.com
” New Delhi : NTPC Bongaigaon had the honor of hosting 80 Assam Civil Service (ACS) Probationers in a structured learning and familiarization visit, coordinated in collaboration with the District Administration of Kokrajhar.” : Sarkaritel.com
” New Delhi : A Memorandum of Agreement (MoA) was signed today between the Indian Renewable Energy Development Agency Ltd. (IREDA), a Navratna PSU under the Ministry of New & Renewable Energy (MNRE), and SEWA-THDC, a THDCIL Sponsored not-for-profit registered society, for providing financial assistance of Rs. 1.05 Crore funded by IREDA.” : Sarkaritel.com
PFC gets ?14,800 crore loan from Japanese Bank for green business
New Delhi : Power Finance Corporation has secured a long-term loan of ?25.5 billion (?14,800 crore) from the Japan Bank for International Cooperation (JBIC). : Economic Times
Power Finance Corp Bags Rs 147-Crore Loan For Wind Energy Project In Karnataka
New Delhi : State-owned Power Finance Corp. announced on Thursday that it has secured a long-term loan of 25.5 billion yen (approximately Rs 147 crore) from the Japan Bank for International Cooperation for a wind energy project. : NDTV Profit
PFC secures JPY 25.5 bn loan from JBIC for Wind Energy Project
New Delhi : PFC has secured a long-term loan of JPY 25.5 billion from the Japan Bank for International Cooperation (JBIC). This loan is part of JBIC’s ‘Global Action for Reconciling Economic Growth and Environmental Preservation’ (“GREEN”) initiative. : indianmandarins
PFC Secures 25.5 Billion Yen Loan for Wind Energy Project
New Delhi : State-owned Power Finance Corporation (PFC) announced on Thursday that it has secured a substantial loan amounting to 25.5 billion Japanese yen (approximately Rs 147 crore) from Japan Bank for International Cooperation (JBIC) for a wind energy project. : devdiscourse
India’s solar capacity set to soar to 856 GW by 2047, eyes sustainable energy solutions
New Delhi : India’s solar capacity set to soar to 856 GW by 2047, eyes sustainable energy solutions. : Economic Times
66 solar power plants to be set up in Punjab
New Delhi : 66 solar power plants to be set up in Punjab. : Economic Times
ECoR plans to install solar plants of 21,826 KWP capacity
New Delhi : ECoR plans to install solar plants of 21,826 KWP capacity. : Economic Times
GAIL signs MoU for a stake in Rajasthan Govt’s power plants
New Delhi : GAIL has signed a preliminary pact with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) to form a joint venture to house the latter’s gas-based plants and set up 1,000 MW of solar and wind power projects. : Economic Times
KPI Green’s Q1 profit grows 99% yoy
New Delhi : KPI Green Energy, a Gujarat-based renewable power producer, has reported a revenue of INR 350 crore ($41.69 million) for the first quarter of FY 2024-25, 83% up compared to INR 191 crore in Q1 FY 2023-24. Net profit increased 99% year-on-year to INR 66 crore. : pv-magazine.com
SJVN allocates 1.2 GW solar at average price of $0.030/kWh
New Delhi : SJVN’s tender for the selection of developers for 1.2 GW of solar projects anywhere in India has yielded an average tariff of INR 2.52 ($0.030)/kWh. : pv-magazine.com
SJVN’S 90 MW OMKARESHWAR FLOATING SOLAR PROJECT SUCCESSFULLY COMMISSIONED
New Delhi : SJVN Limited, a Mini Ratna Schedule ‘A’ CPSU under Ministry of Power, Govt. of India has successfully commissioned its 90 MW Omkareshwar Floating Solar Project today. : globalgreenews.com
CSR: IREDA allocates Rs 1.05 crore for development of Sport Science Centre in Uttarakhand
New Delhi : The Indian Renewable Energy Development Agency Limited (IREDA), a Navratna PSU under the Ministry of New and Renewable Energy (MNRE), will provide financial assistance of Rs 1.05 crore for the development of the Sport Science Centre in Uttarakhand under its CSR initiative. : psuwatch.com
PFC secures JPY 25.5 billion loan from JBIC to finance wind project
New Delhi : State-owned Power Finance Corporation (PFC) on Thursday said that it has secured a loan of 25.5 billion Japanese yen (around Rs 147 crore) from Japan Bank for International Cooperation (JBIC) for a wind energy project. : psuwatch.com
ACS Probationers Gain Insight into Power Sector Operations during NTPC Bongaigaon Visit
New Delhi : NTPC Bongaigaon had the honor of hosting 80 Assam Civil Service (ACS) Probationers in a structured learning and familiarization visit, coordinated in collaboration with the District Administration of Kokrajhar. : psuconnect.in
PGCIL announces about Power Transmission Project of Uganda
New Delhi : The state-owned company Powergrid has announced that the Uganda government has commissioned a power transmission project for which it provided consultancy services. President of Uganda Yoweri Kaguta Museveni, along with Vice President Jessica Alupo, dedicated the transmission project to their nation. : psuconnect.in
Envision secures 116 MW wind turbine supply order from Blueleaf Energy
New Delhi : Envision secures 116 MW wind turbine supply order from Blueleaf Energy. : Economic Times
Wind project: PFC secures JPY 25.5 bn loan from JBIC
New Delhi : State-owned Power Finance Corporation (PFC) on Thursday said that it has secured a loan of 25.5 billion Japanese yen (around Rs 147 crore) from Japan Bank for International Cooperation (JBIC) for a wind energy project. : millenniumpost.in
PFC secures 25.5 bn yen loan from JBIC to finance wind energy project
New Delhi : State-owned Power Finance Corporation (PFC) on Thursday said that it has secured a loan of 25.5 billion Japanese yen (around Rs 147 crore) from Japan Bank for International Cooperation (JBIC) for a wind energy project. : Business Standard
‘Power Play’: How state utilities are slashing energy costs through market strategies?
New Delhi : ‘Power Play’: How state utilities are slashing energy costs through market strategies?. : Economic Times
PM KUSUM scheme faces implementation hurdles, only 30 per cent targets met as deadline nears: Report
New Delhi : PM KUSUM scheme faces implementation hurdles, only 30 per cent targets met as deadline nears: Report. : Economic Times
Jakson Engineers and SBI sign MoU to promote solar energy adoption in India
New Delhi : Jakson Engineers and SBI sign MoU to promote solar energy adoption in India. : Economic Times
Union minister G. Kishan Reddy awards 68 mines with top 5-star ratings for 2022-23
New Delhi : Union minister G. Kishan Reddy awards 68 mines with top 5-star ratings for 2022-23. : Economic Times
India’s Reliance ready for next level of renewables-focused growth
New Delhi : India’s Reliance ready for next level of renewables-focused growth. : Economic Times
Himachal CM advocates for enhancing solar power generation in State
Shimla : Himachal CM advocates for enhancing solar power generation in State. : Economic Times
JSW Energy gets contract from SECI for supply of 230 MW renewable energy
New Delhi : JSW Energy gets contract from SECI for supply of 230 MW renewable energy. : Economic Times
Indigenous high-voltage alternating current lines may be deployed to boost transmission infrastructure
New Delhi : India could deploy indigenous high-voltage 1,200 kV high-voltage alternating current (HVAC) transmission lines for a significant expansion and upgradation of its transmission infrastructure, people familiar with the development said. : Economic Times
India’s renewable energy space received ?7 trillion investment in past 10 years: Pralhad Joshi
New Delhi : India’s renewable energy sector has received investments of about ?7 trillion between 2013-2014 and 2022-23, said Pralhad Joshi, Union minister for new and renewable energy, adding that the country is set to revitalise its renewables sector. : Mint
JSW Energy secures contract from SECI for 230 MW renewable energy supply
New Delhi : JSW Energy on Thursday said its arm received a letter of award from Solar Energy Corporation of India (SECI) for supply of 230 MW of power from its renewable energy project. : Business Standard
Blueleaf Energy reaches financial close for 200 MW hybrid wind-solar power plant in India
New Delhi : Blueleaf Energy, a pan-Asian renewable energy platform owned by a Macquarie Asset Management managed fund, announced this week the financial close of its 200 MW wind-solar hybrid power plant under development in Madhya Pradesh, India. : pv-magazine.com
India installed 12.1 GW of solar in H1 2024
New Delhi : A new report by JMK Research & Analytics states that India installed about 12,156 MW of new solar capacity and 1,920 MW of wind capacity from January to June in 2024. : pv-magazine.com
PFC SECURES JPY 25.5 BILLION LOAN FROM JBIC FOR FINANCING WIND ENERGY PROJECT
New Delhi : PFC, A Maharatna Company and leading NBFC in Indian power sector, has secured a long-term loan of JPY 25.5 billion from the Japan Bank for International Cooperation (JBIC). : globalgreenews.com
Govt of Uganda dedicates sub-stations built with Power Grid as PMC
New Delhi : The President of Uganda HE Yoweri Kaguta Museveni and Vice President of Uganda, HE Jessica Alupo dedicated Nebbi and Arua sub-stations built with Power Grid as PMC (Project Management Consultancy) to the nation in presence of the Cabinet Minister of Energy, Ruth Ssentamu Nankabirwa, MPs and top officials from UETCL. : psuwatch.com
Raj Kumar Chaudhary takes over as CMD of NHPC
New Delhi : Raj Kumar Chaudhary has taken over charge as Chairman & Managing Director (CMD) of NHPC Limited with effect from August 7. Previously, Chaudhary was holding the post of Director (Technical) in the same organisation. : psuwatch.com
SJVN commissions India’s largest floating solar park in MP
New Delhi : SJVN Limited on Thursday announced the commissioning of its 90 MW Omkareshwar Floating Solar Project. : psuwatch.com
SJVN’s 90 MW Omkareshwar Floating Solar Project successfully commissioned
New Delhi : SJVN Limited, a Mini Ratna Schedule ‘A’ CPSU under Ministry of Power, Govt. of India has successfully commissioned its 90 MW Omkareshwar Floating Solar Project today. : psuconnect.in
PFC Secures JPY 25.5 Billion Loan from JBIC for financing Wind Energy Project
New Delhi : PFC, A Maharatna Company and leading NBFC in Indian power sector, has secured a long-term loan of JPY 25.5 billion from the Japan Bank for International Cooperation (JBIC). : psuconnect.in
NHPC Q1FY25, net profit up by Rs 1,108 Cr
New Delhi : State-owned hydro power giant NHPC Ltd has reported a marginal rise in its consolidated net profit of over one percent to Rs 1,108.46 crore in the June 2024 quarter. : psuconnect.in
Oil and Gas
” New Delhi : Nandakumar Velayudhan Pillai takes charge as Director Refinery of MRPL, a Mini Ratna – Category 1, Schedule A, ONGC subsidiary.” : Sarkaritel.com
” New Delhi : GAIL (India) Limited and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) today joined hands to optimise the operations of RRVUNL’s gas-based power plants in Rajasthan.” : Sarkaritel.com
Oil India Q1 results: PAT declines 9% to Rs 1,467 cr on higher expenses
New Delhi : State-run explorer Oil India reported a smaller-than-expected quarterly profit on Thursday, hurt by higher expenses. Its profit fell 9 per cent year-on-year to Rs 1,467 crore (about $175 million) in the three months ended June 30, falling behind analysts’ predicted profit of Rs 1,687 crore, per LSEG data. : Business Standard
Nandakumar Velayudhan Pillai takes charge as Director-Refinery of MRPL
New Delhi : Nandakumar Velayudhan Pillai took charge as Director (Refinery) of Mangalore Refinery and Petrochemicals Ltd. (MRPL) here on Wednesday, August 7. : Hindu
Ujjwala scheme beneficiaries in Haryana to receive gas cylinders for Rs 500: CM Saini
New Delhi : Ujjwala scheme beneficiaries in Haryana to receive gas cylinders for Rs 500: CM Saini. : Economic Times
‘Green energy boost’: Mitsubishi and Hygenco partner for hydrogen-fueled power projects
New Delhi : ‘Green energy boost’: Mitsubishi and Hygenco partner for hydrogen-fueled power projects. : Economic Times
India’s Reliance ready for next level of renewables-focused growth
New Delhi : India’s Reliance ready for next level of renewables-focused growth. : Economic Times
China confirms discovering world’s first large shallow gas field in disputed South China Sea
Beijling : China confirms discovering world’s first large shallow gas field in disputed South China Sea. : Economic Times
Mooving to set up battery swapping stations at HPCL outlets
New Delhi : Mooving to set up battery swapping stations at HPCL outlets. : Economic Times
India’s July fuel use gains over 7% y/y
New Delhi : India’s fuel consumption, a proxy for oil demand, rose by more than 7% year-on-year to 19.653 million metric tons in July, oil ministry data showed on Thursday. : Economic Times
Oil rises for third straight session from record lows on MidEast tensions, positive US job data; Brent at $79/bbl
New Delhi : Crude oil prices ticked higher on Thursday, August 8, after positive US job data indicating a growing US economy eased some of the fuel demand concerns. : Mint
Oil India Q1 margin expands 400 basis points, but profit, revenue decline from March quarter
New Delhi : State-run Oil India Ltd. reported a 27.7% drop in its consolidated net profit for the April-June quarter, the numbers for which were reported after market hours on Thursday. : cnbc.com
GAIL, RRVUNL come together to promote clean power in Rajasthan
New Delhi : GAIL (India) Limited and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) on Thursday joined hands to optimise the operations of RRVUNL’s gas-based power plants in Rajasthan. : psuwatch.com
Vinod Kumar Mishra Director (Finance) and CFO, Petronet LNG Limited
New Delhi : Petronet LNG Limited (PLL) leads the Indian LNG market with two terminals: Dahej (17.5 MMTPA) and Kochi (5 MMTPA), covering 47 per cent of India’s re-gasification capacity. : dsij.in
Nandakumar Velayudhan Pillai is new Director – Refinery of MRPL
New Delhi : Nandakumar Velayudhan Pillai has taken charge as Director – Refinery of Mangalore Refinery and Petrochemicals Ltd (MRPL) with immediate effect. A letter dated August 7, 2024 by the Union Ministry of Petroleum and Natural Gas has appointed Pillai as Director – Refinery. : Business Line
Western insurers provide cover for Russian oil despite price cap concerns
New Delhi : Western insurers provide cover for Russian oil despite price cap concerns. : Economic Times
GAIL signs MoU for a stake in Rajasthan Govt’s power plants
New Delhi : GAIL has signed a preliminary pact with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) to form a joint venture to house the latter’s gas-based plants and set up 1,000 MW of solar and wind power projects. : Economic Times
State-run Oil India misses Q1 profit estimates as expenses spike
New Delhi : State-run explorer Oil India (OILI.NS), opens new tab reported a smaller-than-expected quarterly profit on Thursday, hurt by higher expenses. : Reuters
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On August 8
New Delhi : Petrol, Diesel Prices Today On August 8, 2024: Oil marketing companies (OMCs) announce fuel prices at 6 am on a daily basis. 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
