20-Aug-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, handed over 2 (two) project specific SPVs (Special Purpose Vehicles). viz, Rajasthan IV-C Power Transmission Limited and Rajasthan IV-E Power Transmission Limited formed for evacuation of power from Rajasthan Renewable Energy Zone Ph-IV (Jaisalmer/Barmer Complex).” : Sarkaritel.com
National coal index dips 3.48% as coal production sees double-digit growth
New Delhi : National coal index dips 3.48% as coal production sees double-digit growth. : Economic Times
Lights on: Brick kiln workers in western UP begin the transition to solar energy
New Delhi : Lights on: Brick kiln workers in western UP begin the transition to solar energy. : Economic Times
Focus on green energy as Malaysian PM arrives in India today
New Delhi : Focus on green energy as Malaysian PM arrives in India today. : Economic Times
Torrent Power moves NCLAT against approval of Sarda Energy’s bid for SKS Power
New Delhi : Torrent power has moved the appellate tribunal NCLAT against the approval of Sarda Energy and Mining’s resolution plan for the debt-ridden SKS Power Generation. : Economic Times
Data Explainer: India’s Green Energy Goals Face Stiff Test
New Delhi : Data Explainer: India’s Green Energy Goals Face Stiff Test. : Mint
Nepal to export 1,000 MW electricity to India, says EAM Jaishankar
New Delhi : Nepal will export close to 1,000 megawatt of electricity to India, External Affairs Minister S Jaishankar said on Monday after holding comprehensive talks with his Nepalese counterpart Arzu Rana Deuba. : Business Standard
Uttar Pradesh chief minister inaugurates Avaada Group’s 70 MW solar project in Banda
New Delhi : Avaada Group, a green energy solutions provider, announced this week the inauguration of its 70 MW solar power project in Banda district of Uttar Pradesh by the state’s chief minister Yogi Adityanath. : pv-magazine.com
Adani Power to acquire Reliance Power’s Butibori plant in Rs 3,000 cr deal
New Delhi : Adani Power Ltd has initiated discussions to purchase the 600 MW Butibori thermal power project in Nagpur, previously owned by the now-insolvent Reliance Power Ltd of Anil Ambani, according to a Mint report. : Business Standard
Indonesia, Saudi Arabia to build 60 MW floating solar plant in West Java
Jakarta : Indonesia’s state-owned electricity company PT PLN Indonesia (PLN) has partnered with a Saudi Arabian company to develop a 60 megawatt (MW) floating solar power plant at Saguling Reservoir in West Java. : Sarkaritel.com
UP govt plans to install solar power plants along 296-km Bundelkhand Expressway
New Delhi : UP govt plans to install solar power plants along 296-km Bundelkhand Expressway. : Economic Times
Foxconn working on plans to set up battery energy storage system unit in India
New Delhi : Foxconn working on plans to set up battery energy storage system unit in India. : Economic Times
Nepal to export 1,000 MW electricity to India: EAM Jaishankar
New Delhi : Nepal to export 1,000 MW electricity to India: EAM Jaishankar. : Economic Times
State aims for 70+ solar villages in two months
New Delhi : State aims for 70+ solar villages in two months. : Economic Times
Himachal promoting green energy projects in remote Spiti
New Delhi : Himachal promoting green energy projects in remote Spiti. : Economic Times
Torrent Power challenges NCLT nod to Sarda Energy’s resolution plan for SKS Power
New Delhi : Torrent Power has moved the National Company Law Appellate Tribunal (NCLAT) to challenge the NCLT order approving Sarda Energy and Mining’s (SEML) resolution plan for the debt-ridden SKS Power Generation. : Mint
Torrent Power moves NCLAT against Sarda Energy’s bid approval for SKS Power
New Delhi : Torrent power has moved the appellate tribunal NCLAT against the approval of Sarda Energy and Mining’s resolution plan for the debt-ridden SKS Power Generation. : Business Standard
Uttar Pradesh plans solar power plants along Bundelkhand Expressway
New Delhi : The state government of Uttar Pradesh is planning installation of solar power plants along both sides of the 296-km Bundelkhand Expressway. : pv-magazine.com
ONGC Invites Bids To Setup 1 GW Hybrid Power Projects
New Delhi : ONGC Invites Bids To Setup 1 GW Hybrid Power Projects : saurenergy.com
NVVNL Floats Tender For RTS Project At Delhi Gov Buildings
New Delhi : NVVNL Floats Tender For RTS Project At Delhi Gov Buildings. : saurenergy.com
EAM Jaishankar discusses bilateral ties with Nepali counterpart, lauds power export to India
New Delhi : EAM Jaishankar discusses bilateral ties with Nepali counterpart, lauds power export to India. : ANInews.com
Oil and Gas
ONGC Videsh secures contract extension for Vietnam oil blocks
New Delhi : India’s flagship overseas oil firm ONGC Videsh Ltd has secured a 16-year contract extension for producing oil and gas in Vietnam, alongside getting three more years to explore a separate block in the contested waters of the South China Sea, officials said. : Economic Times
Bharat Petroleum Corpn. to invest Rs 1.7 lakh cr in next five years
New Delhi : Bharat Petroleum Corpn. (BPCL) plans to invest Rs 1.7 lakh crore over the next five years to grow its core oil refining and fuel marketing business as well as in future big bets of petrochemicals and green energy. : proactiveinvestors
ONGC Invites Bids To Setup 1 GW Hybrid Power Projects
New Delhi : ONGC Invites Bids To Setup 1 GW Hybrid Power Projects : saurenergy.com
IOC, HPCL, and BPCL Consortium in talks with Equinor to Secure LPG Contract
New Delhi : IOC, HPCL, and BPCL Consortium in talks with Equinor to Secure LPG Contract. : Mint
Mixed trends in India’s oil sector: July 2024 sees decline in production, rise in refinery output
New Delhi : Mixed trends in India’s oil sector: July 2024 sees decline in production, rise in refinery output. : Economic Times
Surge in LPG and Petrol use drives 7.4% growth in India’s oil demand
New Delhi : Surge in LPG and Petrol use drives 7.4% growth in India’s oil demand. : Economic Times
Grain and sugarcane to power India’s ethanol production boost to 990 crore liters by 2025
New Delhi : Grain and sugarcane to power India’s ethanol production boost to 990 crore liters by 2025. : Economic Times
BPCL to invest ?1.7 lakh crore in refining and renewable ventures over 5 years
New Delhi : BPCL to invest ?1.7 lakh crore in refining and renewable ventures over 5 years. : Economic Times
Windfall tax on crude petroleum reduced to Rs 2,100/tonne
New Delhi : Windfall tax on crude petroleum reduced to Rs 2,100/tonne. : Economic Times
Oil dips on concerns over China demand drop, Middle East ceasefire talks; brent crude at $79.55/bbl
New Delhi : Oil prices declined in early Asian trading on Monday, influenced by concerns over weaker demand in China, the world’s largest oil importer. Market sentiment was also affected by investor attention on the progress of ceasefire talks in the Middle East, which could potentially lower supply risks. : Mint
Windfall tax on crude petroleum reduced to Rs 2,100/tonne
New Delhi : The government has slashed windfall tax on domestically produced crude oil to Rs 2,100 per tonne, from Rs 4,600 per tonne with effect from Saturday. The tax is levied in the form of Special Additional Excise Duty (SAED). : psuwatch.com
Petrol and Diesel prices slashed by 0.29 Paise per litre in Bhubaneswar; check details
Bhubaneswar : The prices of petrol and diesel have decreased in Bhubaneswar in the last 24 hours. On Monday, August 19, 2024, petrol has been priced at Rs 101.05 per litre while diesel costs Rs 92.62 per litre. : kalingatv.com
Focus on green energy as Malaysian PM arrives in India today
New Delhi : Focus on green energy as Malaysian PM arrives in India today. : Economic Times
July natural gas consumption up, output dips
New Delhi : India’s natural gas consumption rose 5.8% year on year in July while gas production fell 1.4%. Gas consumption stood at 5,733 million metric standard cubic meters (MMSCM) and production at 3,079 MMSCM, according to the oil ministry data. : Economic Times
Windfall tax boost: ONGC, Oil India surge up to 4% in Monday’s trade
New Delhi : Shares of upstream oil companies Oil and Natural Gas Corporation (ONGC) and Oil India (OIL) moved up to 4 per cent higher on the BSE in Monday’s intra-day trade after the central government reduced the windfall tax on petroleum crude to Rs 2,100 per metric tonne, down from Rs 4,600 per tonne, effective from August 17. : Business Standard
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On August 19
New Delhi : Petrol, Diesel Prices Today On August 19, 2024: Every day at 6 a.m., oil marketing companies (OMCs) announce the prices of petrol and diesel, maintaining consistency despite the inherent volatility of these commodities. : news18.com
