11-Sep-2024
Power
” New Delhi : NTPC has signed an MOU with CII-IGBC to collaborate on developing Net Zero standards for industrial townships and office complexes across the country.” : Sarkaritel.com
” New Delhi : In a significant step towards fostering green skills and sustainable development, the Skill Development Institute (SDI) Guwahati, in collaboration with Training Partner Learnet Skills Limited, under the Skill Council for Green Jobs, inaugurated the Solar PV Installer (Suryamitra) Course during an inauguration ceremony held at (SDI) Guwahati on 4th Sept 2024.” : Sarkaritel.com
NHPC 1.2 GW Solar Bid Garners A Tariff Of Rs 2.56/unit
New Delhi : NHPC 1.2 GW Solar Bid Garners A Tariff Of Rs 2.56/unit. : saurenergy.com
NTPC and CII-IGBC Collaborate to Develop Net Zero Standards for Industrial Townships
New Delhi : NTPC Limited, India’s largest integrated power utility, has signed a Memorandum of Understanding (MoU) with the Confederation of Indian Industry’s Indian Green Building Council (CII-IGBC) to collaborate on developing Net Zero standards for industrial townships and office complexes across the country. : psuconnect.in
Coal ministry pushes for faster CSR rollout, focuses on community welfare and skill training
New Delhi : Coal ministry pushes for faster CSR rollout, focuses on community welfare and skill training. : Economic Times
Tata Power’s TP Solar commences commercial production from 2GW solar cell line in Tamil Nadu
New Delhi : Tata Power’s TP Solar commences commercial production from 2GW solar cell line in Tamil Nadu. : Economic Times
IREDA signs MoU for 900 MW upper Karnali hydro project in Nepal
New Delhi : IREDA signs MoU for 900 MW upper Karnali hydro project in Nepal. : Economic Times
Tata Power-DDL, Nissin Electric working on micro substation with power voltage transformer project
New Delhi : Tata Power-DDL, Nissin Electric working on micro substation with power voltage transformer project. : Economic Times
ITI Limited secures Rs 300 cr order for solar street light systems in Bihar
New Delhi : ITI Limited secures Rs 300 cr order for solar street light systems in Bihar. : Economic Times
One in 13 unconnected small village gained access to power under India’s electrification programme
New Delhi : India’s electrification programme significantly increased access to power, with one in 13 previously unconnected small villages and one in seven rural households gaining electricity connection, according to a new study. : psuwatch.com
Scaling India’s RE beyond 1,500 GW will face significant land, population, climate challenges: Study
New Delhi : India needs to install around 7,000 Giga Watts (GW) of renewable energy capacity to achieve net-zero emissions by 2070 but deployment beyond 1,500 GW could face critical challenges, including climate risks, high land prices, land conflicts, and population density, according to a new study. : psuwatch.com
Odisha, MP New Emerging States For Renewables: CEEW Report
New Delhi : Odisha, MP New Emerging States For Renewables: CEEW Report. : saurenergy.com
Power demand in India declines for 1st time in 15 months, hydro gains steam
New Delhi : Peak power demand in India is estimated to have declined to 217 GW in the month of August compared with 238 GW a year earlier which was the second-highest level recorded in fiscal 2024, a report showed on Tuesday. : Sarkaritel.com
PM Surya Ghar: MNRE proposes payment security mechanism for solar projects
New Delhi : PM Surya Ghar: MNRE proposes payment security mechanism for solar projects. : Economic Times
PM Modi to inaugurate Global Renewable Energy Meet in Gandhinagar
New Delhi : PM Modi to inaugurate Global Renewable Energy Meet in Gandhinagar. : Economic Times
Power demand falls for the first time in 15 months as August sees 5.3% decline
New Delhi : Power demand falls for the first time in 15 months as August sees 5.3% decline. : Economic Times
Gujarat hydropower plants made a record in electricity generation in August’24
New Delhi : Gujarat hydropower plants made a record in electricity generation in August’24. : Economic Times
We can no longer measure electricity just by its energy value: India’s green ambitions need new frameworks
New Delhi : We can no longer measure electricity just by its energy value: India’s green ambitions need new frameworks. : Economic Times
JSW Energy subsidiary get 600 MW wind-solar hybrid power project from Maharashtra State company
New Delhi : JSW Energy subsidiary get 600 MW wind-solar hybrid power project from Maharashtra State company. : Economic Times
Adani seeks intervention on power supply dues in letter to Bangladesh Govt
New Delhi : In a rare move, Adani Group Chairman Gautam Adani has written to the Chief Adviser of the Bangladesh government seeking intervention on an $800 million payment, according to informed sources. : Business Standard
India to face significant land, water challenges in scaling renewables beyond 1.5 TW, says CEEW study
New Delhi : India has a renewable energy (RE) potential of over 24,000 GW, but even reaching the 7,000 GW required to achieve net-zero emissions by 2070 will require a holistic approach to addressing challenges such as land access, climate risks, land conflicts, and population density, according to a new independent study by the Council on Energy, Environment and Water (CEEW). : pv-magazine.com
JSW Energy arm to set up 600 MW wind-solar hybrid project in Maharashtra
New Delhi : JSW Energy on Tuesday said that its arm JSW Neo Energy has bagged a 600 MW wind-solar hybrid power project from Maharashtra State Electricity Distribution Company (MSEDCL). : psuwatch.com
ITI Ltd bags an order worth Rs 300 crore to install 1,00,000 solar street lights in Bihar
New Delhi : ITI Limited on Tuesday said that it has received an order worth around Rs 300 crores from Bihar Renewable Energy Development Authority (BREDA) for supply and installation of 1,00,000 numbers of solar street light systems for Bihar State Government. : psuwatch.com
IREDA’s GIFT City subsidiary receives provisional registration
New Delhi : The International Financial Services Centre Authority (IFSCA) has granted provisional registration to IREDA Global Green Energy Finance IFSC Limited, a wholly owned subsidiary of IREDA, as a finance company at GIFT City. : psuwatch.com
IREDA GIFT City Subsidiary Receives Provisional Registration in Presence of Union Minister Shri Joshi and Gujarat FM
New Delhi : The International Financial Services Centre Authority (IFSCA) has granted provisional registration to IREDA Global Green Energy Finance IFSC Limited (a wholly owned subsidiary of IREDA) as a finance company at GIFT City. : psuconnect.in
NTPC partners with USAID to achieve net zero emissions in townships, offices
New Delhi : NTPC Limited, India’s largest integrated power utility, announced on Monday that it had signed a Memorandum of Understanding (MoU) with the United States Agency for International Development (USAID) to develop a roadmap for transforming its townships and offices into Net Zero Establishments. : psuconnect.in
Maharashtra Discom Issues Green Energy Open Access Norms
New Delhi : Maharashtra Discom Issues Green Energy Open Access Norms. : saurenergy.com
Coal supply to power sector falls 5.4% to 58.07 mn tonnes in August
New Delhi : Coal supply to the power sector in August dropped 5.4 per cent to 58.07 million tonnes (MT) as compared to the year-ago period, according to an official statement on Tuesday. : Business Standard
NVVN increases battery storage tender size to 500 MW/1,000 MWh
New Delhi : NTPC Vidyut Vyapar Nigam (NVVN) Ltd has revised its tender for setting up 500 MWh (250 MW x 2 hours) of interstate transmission system (ISTS) connected standalone battery energy storage system (BESS). : pv-magazine.com
Suzlon Energy secures largest renewable energy order from NTPC Green Energy
New Delhi : Suzlon Energy Ltd has announced that it has won an order of 1,166 MW from NTPC Green Energy Ltd., the renewables arm of state-run NTPC Ltd. This is the largest wind energy order in India, the company said in the exchange filing. : psuconnect.in
Oil and Gas
” New Delhi : A Memorandum of Understanding (MoU) was signed between Indian entities comprising of OIL, OVL &KABIL and International Resources Holding RSC Ltd. (IRH), UAE on 10th September 2024 for global cooperation in Critical Mineral supply chain primarily with the objective of collaboration, identification, acquisition, and development of Critical Mineral projects on a global scale, including India.” : Sarkaritel.com
” Guwahati : Oil India Limited (OIL) launched its flagship Corporate Social Responsibility (CSR) initiative, Project ‘OIL ASHA’ at Dr. B Barooah Cancer Institute (BBCI), Guwahati.” : psuconnect.in
OIL, OVL and KABIL partner with UAE’s IRH for global critical mineral supply chain cooperation
New Delhi : In a strategic move to strengthen the global supply chain of critical minerals, three major Indian entities namely – Oil India Limited (OIL), ONGC Videsh Limited (OVL), and Khanij Bidesh India Limited (KABIL) have signed a memorandum of understanding (MoU) with UAE-based International Resources Holding RSC Limited (IRH). : psuwatch.com
Oil India signs MoU for global cooperation in critical mineral supply chain
New Delhi : A Memorandum of Understanding (MoU) was signed between Indian entities comprising of Oil India, OVL & KABIL and International Resources Holding RSC Ltd. (IRH), UAE on 10 September 2024. : Business Standard
Oil rebounds from week of heavy losses as storm approaches US Gulf Coast
New Delhi : Oil rebounds from week of heavy losses as storm approaches US Gulf Coast. : Economic Times
APPEC-India ONGC Videsh focuses on buying stakes in oil, gas producing assets amid energy transition
New Delhi : India’s ONGC Videsh is focused on acquiring stakes in overseas oil and gas producing assets as the transition to renewable energy is expected to dent demand for conventional fuels in the future, its head of finance said on Tuesday. : Economic Times
Russia’s search for new crude markets helps India cut its oil import bill
New Delhi : Russia’s diligent efforts to find markets for its crude oil and refined fuels since the Ukraine war, and ongoing tensions in the Red Sea are yielding conflicting outcomes for India’s crude purchases and diesel exports. : Economic Times
Opec again cuts growth forecast of global oil demand in 2024, 2025
New Delhi : Opec on Tuesday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also trimmed its expectation for next year, marking the producer group’s second consecutive downward revision. : Business Standard
Opec vs IEA: Diverging oil demand forecasts signal an uncertain future
New Delhi : The Organisation of the Petroleum Exporting Countries’ (Opec) outlook for global crude oil demand in 2024 is beginning to show signs of caution. : Business Standard
Crude oil prices fall on demand concerns, Brent below $70, near 3-year low
New Delhi : Brent crude futures fell below $70 a barrel on Tuesday for the first time since December 2021, after Opec+ revised down its demand forecast for this year and 2025. : Business Standard
Trailukya Borgohain set to be next Director (Operations) of Oil India
New Delhi : Trailukya Borgohain is set to be next Director (Operations) of Oil India Limited (OIL), a Maharatna PSU under the Ministry of Petroleum & Natural Gas (MoPNG). : psuwatch.com
NRL signs Historic MoU with Paradeep Phosphates Limited
New Delhi : Numaligarh Refinery Limited (NRL) has signed a significant MoU with Paradeep Phosphates Limited (PPL) to supply 70,000 MTPA of Sulphur to PPL’s fertilizer plant in Paradeep, Odisha. : psuconnect.in
Falling crude oil prices: OMCs may wait for a few weeks before deciding on fuel price cut: Experts
New Delhi : Crude oil prices have plummeted to around $70 per barrel for the first time in 2024, raising hopes of a fuel price cut in the domestic market. : Moneycontrol.com
OIL, OVL & KABIL sign MoU with IRH, UAE for Global cooperation in Critical Mineral supply chain
New Delhi : A Memorandum of Understanding (MoU) was signed between Indian entities comprising of Oil India Limited, OVL & KABIL and International Resources Holding RSC Ltd. : psuconnect.in
Oil India, OVL, KABIL ink pact with UAE’s International Resources Holding on critical mineral supply chain
New Delhi : Indian state-owned companies Oil India, ONGC Videsh Limited (OVL) and Khanij Bidesh India Limited (KABIL) announced the signing of an MoU with International Resources Holding RSC Ltd. (IRH), UAE, to co-operate on critical mineral supply chain. : Moneycontrol.com
OPEC again lowers 2024, 2025 global oil demand growth view
New Delhi : OPEC on Tuesday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also trimmed its expectation for next year, marking the producer group’s second consecutive downward revision. : Economic Times
Oil crashes to 33-month low after OPEC+ slashes demand forecasts, Brent sinks below $70 for first time since Dec 2021
New Delhi : International crude oil prices crashed to a 33-month low (near a three-year low) on Tuesday, September 10, with the benchmark Brent crude futures sinking below $70 a barrel for the first time since December 2021. : Mint
NCLAT halts insolvency process against Essar Oil and Gas Exploration
New Delhi : The National Company Law Appellate Tribunal (NCLAT) on Tuesday stayed the insolvency process against Essar Oil and Gas Exploration and Production Ltd. : Business Standard
ONGC Videsh’s focus on stakes in oil, gas assets amid energy transition
New Delhi : India’s ONGC Videsh is focused on acquiring stakes in overseas oil and gas producing assets as the transition to renewable energy is expected to dent demand for conventional fuels in the future, its head of finance said on Tuesday. : Business Standard
ADNOC to supply Indian Oil with 1 MMT LNG per year for 15 years
New Delhi : The Abu Dhabi National Oil Company has agreed to supply Indian Oil with 1 million metric tonnes per annum of liquefied natural gas for 15 years, the Abu Dhabi Media announced. : psuconnect.in
Petrol and Diesel Prices increased in Bhubaneswar on Sep 10; Check new rates here
Bhubaneswar : Fresh petrol and diesel prices have been announced in Bhubaneswar for September 10, Tuesday and the rates have increased by 0.09 paise, the price of petrol has been recorded at Rs 101.06 per litre, while diesel cost is recorded at Rs 92.64 per litre. : kalingatv.com
