12-Aug-2024

Power

Powergrid Appoints Naveen Srivastava as Director of Operations

New Delhi : State-owned Powergrid on Friday announced the appointment of Naveen Srivastava as the company’s Director (Operations). : rediff.com

REC CMD VIVEK KUMAR DEWANGAN RECEIVES ‘DISTINGUISHED FELLOW’ AWARD 2024 BY INSTITUTE OF DIRECTORS

New Delhi : Sh. Vivek Kumar Dewangan, IAS, CMD, REC Limited received ‘Distinguished Fellow’ Award at the 2024 Director’s Conclave & 34th IOD Annual Day. : globalgreenews.com

India-Brazil Joint Commission meets this month to discuss agri, energy, defence

New Delhi : The ninth India-Brazil Joint Commission meeting, which is likely to be held on 27 August in New Delhi, may discuss bilateral cooperation in energy, defence and agriculture. : Mint

GE Power India Q1 Loss Narrows to Rs 9.53 cr

New Delhi : GE Power India on Friday reported a narrowing of its consolidated loss to Rs 9.53 crore in the June 2024 quarter. The company suffered a consolidated net loss of Rs 135.79 crore in the quarter ended on June 30, 2023, according to a regulatory filing. : rediff.com

Upside: 5K MW dip in Pb power demand

Patiala : Power demand in Punjab decreased by 5,000 MW on Thursday, dropping from 14,500 MW to around 9,500 MW, due to rainfall in certain areas of the state. : Times of India

Bharat Electricity to Celebrate India’s Awe-inspiring Journey of Resilience, Progress, and Clean Energy Transition

New Delhi : The Energy & Climate Initiatives Society (ENCIS) announced the launch of “Bharat Electricity” – A landmark initiative to showcase the remarkable transformation of India’s power sector over the last decade. : Business Standard

GE Power India loss narrows to Rs 9.53 cr in Q1

New Delhi : GE Power India loss narrows to Rs 9.53 cr in Q1. : Economic Times

CCUS highly uncertain; unviable for retrofitting existing thermal power plants: Govt

New Delhi : CCUS highly uncertain; unviable for retrofitting existing thermal power plants: Govt. : Economic Times

UP plans to have 30K ‘surya mitras’ to install solar panels in all houses

New Delhi : The Uttar Pradesh government plans to train 30,000 youngsters as “surya mitras” to achieve its goal of having solar panels on the rooftop every house in the state. : Business Standard

AXITEC Unveils New 300 MW Solar Module Plant In Tamil Nadu

New Delhi : AXITEC Unveils New 300 MW Solar Module Plant In Tamil Nadu. : saurenergy.com

Punjab govt eyes to establish 66 solar power plants

New Delhi : The Punjab government is considering the establishment of 66 solar power plants, each with a capacity of 4 MW, according to Aman Arora, the state Minister of New and Renewable Energy Sources. : manoramaonline.com

Coal imports jump 5.7% to 75.26 million tonnes in April-June, shows data

New Delhi : India’s coal import rose by 5.7 per cent to 75.26 million tonnes (MT) in the first quarter of the current fiscal compared to 71.16 MT of coal in the same period of the previous fiscal. : Business Standard

PMSY scheme: Districts set to compete for model solar village funds

New Delhi : In a novel move, the Centre will put villages through a “challenge” to select them as Model Solar Villages and provide a grant under the newly launched PM Surya Ghar Yojana (PMSY) scheme. : Business Standard

Oil and Gas

” New Delhi : In an effort to provide financial support to advanced biofuel projects and attract more investment, the Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the modified Pradhan Mantri JI-VAN Yojana.” : Sarkaritel.com

IOC to raise refining capacity by 25% to meet India’s oil needs: Chairman

New Delhi : IOC to raise refining capacity by 25% to meet India’s oil needs: Chairman. : Economic Times

Cabinet extends JI-VAN Yojana to 2028-29, aims for 20percent ethanol blending by 2025-26

New Delhi : Cabinet extends JI-VAN Yojana to 2028-29, aims for 20percent ethanol blending by 2025-26. : Economic Times

Centre approves investment of Rs 10,501 cr in ONGC Petro additions Ltd

New Delhi : The central government has granted an approval letter to Oil and Natural Gas Corporation Limited (ONGC) to invest significantly in ONGC Petro additions Limited (OPaL), the company informed the exchange in a filing. : Economic Times

Used cooking oil over ethanol: Govt’s new route to 5% biodiesel blending

New Delhi : The government had been planning to use ethanol to meet its target of blending 5 per cent biodiesel in diesel sales by 2030, but the volatility in ethanol production volumes has forced it to shelve the plan, officials said. : Business Standard

ONGC secures Approval of Government for Investment in ONGC Petro additions Lt

New Delhi : State-owned Oil PSU ONGC has secured approval from the Ministry of Petroleum and Natural Gas for infusing the additional capital equity of Rs 10,501 crore in ONGC Petro additions Ltd. : psuconnect.in

Centre approves ?18,365 crore investment boost for ONGC; stake in OPaL rises to 95.69 percent

New Delhi : Centre approves ?18,365 crore investment boost for ONGC; stake in OPaL rises to 95.69 percent. : Economic Times

GAIL chairman Sandeep Gupta wildcard for Indian Oil Corporation

New Delhi : Nearly a dozen candidates on Sunday appeared for interview before a search-cum-selection panel that is looking to appoint the new chairman of Indian Oil Corporation (IOC), the nation’s largest oil firm, sources said. : Economic Times

India-Brazil Joint Commission meets this month to discuss agri, energy, defence

GAIL head Sandeep Gupta in the race for Indian Oil Corp’s new chairman

Why state-run oil companies are spending billions on petchem capacity

New Delhi : In the boardrooms of Indian state refiners and in the halls of the oil ministry, there is a buzz surrounding an esoteric term: The Petrochemical Intensity Index (PII). : Business Standard

Shah urges sugar mills to diversify ethanol production, eyes 2025 blending target

New Delhi : Cooperation Minister Amit Shah on Saturday called on sugar mills to explore alternatives to sugarcane for ethanol production, pushing for a multi-dimensional approach to biofuel manufacturing. : psuwatch.com