16-Sep-2024

Power

” New Delhi : The Mines Safety Week Celebration is conducted every year under the aegis of Directorate General of Mines Safety (DGMS),Ministry of Labour and Employment,Government of India.” : Sarkaritel.com

” New Delhi : Shri Manoj Sharma, Director (Commercial), PFC and other senior officials held a meeting with Senior officials of Druk Green Power Company (Bhutan), Khorlochhu Hydro Power Limited (Bhutan) and Tata Power Limired to discuss the way forward on providing Financial assistance to 600MW Khorlochhu Hydroelectric Power Plant in Bhutan. ” : psuconnect.in

” New Delhi : The celebrations were inaugurated by Debabrata Kar, General Manager (O&M) by administering oath to the employees to use Hindi. Messages issued by Chairman & Managing Director, Regional Executive Director (Eastern Region II) and Project Head, Bongaigaon on Hindi Diwas were displayed.” : Sarkaritel.com

Adani Portfolio companies to supply 6,600 MW hybrid solar and thermal power to Maharashtra

Ahmedabad : Adani Green Energy Ltd (AGEL) and Adani Power Ltd (APL) have won the bid to supply 6,600 MW of hybrid solar and thermal power to Maharashtra, it was announced on Sunday. : Sarkaritel.com

NTPC pays final dividend of Rs 3,151 crore for FY24

New Delhi : NTPC Limited has paid the final dividend of Rs 3,151 crore for the financial year 2023-24 (FY24), representing 32.50 percent of the paid-up equity share capital of the company. : psuconnect.in

Par panel to scrutinise performance of insurance sector PSUs, solar corporations

New Delhi : Par panel to scrutinise performance of insurance sector PSUs, solar corporations. : Economic Times

Farmers to earn income from selling electricity generated by solar pumps : Fadnanavis

New Delhi : Farmers to earn income from selling electricity generated by solar pumps : Fadnanavis. : Economic Times

NTPC Kaniha Kicks off Swachhata Pakhwada 2024

New Delhi : NTPC Kaniha began its observation of the Swachhata Pakhwada campaign on Saturday with a focus on promoting cleanliness and hygiene among its employees and the local community. : psuwatch.com

Chairman Coal India Limited Confident Of Meeting Coal Production Target Of 838 MT

New Delhi : Speaking at the CLI 2024 in Kolkata, Coal India Limited Chairman, P.M. Prasad, stated that Coal India is confident of meeting the coal production target of 838 MT set for the current fiscal and meeting the growing energy demands of the Nation. : indianpsu.com

Nayara Energy sees 14 pc rise in domestic fuel sales, exports drop

New Delhi : Nayara Energy, India’s largest private fuel retailer, posted a 14.3 per cent rise in fuel sales for the second quarter of the 2024 calendar year, while exports dropped as the firm met rising local demand for fuel. : Economic Times

Power grid acquires Bhadla-III and Bikaner-III Transmission Ltd

New Delhi : State-owned Power Grid Corporation of India Limited has successfully acquired “Bhadla-III & Bikaner-III Transmission Limited”. : psuconnect.in

PM Modi participate in renewable energy investor’s meet in Gujarat tomorrow

New Delhi : Prime Minister Narendra Modi received a warm welcome at Ahmedabad Airport on Sunday evening on his visit to his home state, where he is scheduled to participate in the Global Renewable Energy Investor’s Meet and lay a series of development works, among others. : Business Standard

Tata Power installs rooftop solar systems at 600 locations in Chhattisgarh

New Delhi : Tata Power Solar Systems Ltd (TPSSL) has installed rooftop solar systems at more than 600 locations in Chhattisgarh under an initiative, a company official said on Sunday. : Business Standard

Adani firms to sign 6.6 Gw power supply pact with Maharashtra discom

New Delhi : Adani group entities – Adani Green Energy (AGEL) and Adani Power (APL) – announced on Sunday that they will sign a long-term power purchase agreement (PPA) with Maharashtra’s largest electricity distribution utility to supply the state with a 6.6 gigawatt (GW) of combined solar and thermal power. : Business Standard

India’s coal production clocks 5.85 pc growth, remains resilient

New Delhi : Despite adverse climatic conditions that challenged mining operations, India has registered 5.85 per cent growth in coal production in the current fiscal to date, further highlighting the sector’s efficiency and preparedness. : Sarkaritel.com

Adani Group honoured in TIME’s World’s Best Companies of 2024

New Delhi : Leading integrated business conglomerate Adani Group on Friday said it has been featured in TIME magazine’s prestigious ‘World’s Best Companies of 2024’ list. : Sarkaritel.com

Gujarat to host global renewable energy investment meet and expo RE-INVEST 2024, PM Modi to inaugurate

New Delhi : Gujarat to host global renewable energy investment meet and expo RE-INVEST 2024, PM Modi to inaugurate. : Economic Times

Adani Green Energy appoints Saurabh Shah as new CFO

New Delhi : India’s Adani Green Energy on Saturday said Saurabh Shah, now deputy chief financial officer of Adani Enterprises, would assume the role of CFO at Adani Green Energy, replacing Phuntsok Wangyal, who will step down effective Sept 30. : Mint

Adani wins bid to supply power to Maharashtra

New Delhi : The Congress party on Sunday launched an attack on Eknath Shinde-Devendra Fadnavis-led Maharashtra government with the Adani Group winning a bid to supply 6,600 MW of bundled renewable and thermal power to Maharashtra. : Mint

Adani wins bid to supply 6,600 MW of electricity at Rs 4.08/unit tariff

New Delhi : Adani group has won a bid to supply 6,600 MW of bundled renewable and thermal power to Maharashtra for the long term after its quote of Rs 4.08 per unit beat the likes of JSW Energy and Torrent Power. : Business Standard

JSW Energy arm commissions 300 MW wind power plant at Tuticorin in TN

New Delhi : JSW Energy on Sunday announced that its step-down subsidiary, JSW Renew Energy Two Ltd, has successfully commissioned a 300 MW wind power plant at Tuticorin in Tamil Nadu. : Business Standard

India’s renewable energy journey to serve as model for other emerging economies

New Delhi : As the world’s largest democracy and a rapidly developing nation, India’s renewable energy journey will serve as a model for other emerging economies navigating the path to sustainability, Pralhad Joshi, Union Minister of New and Renewable Energy, has said. : Sarkaritel.com

Indian scientists developing solar-powered plane that can fly for 90 days

New Delhi : Scientists in India have developed a solar-powered plane that can fly up to 90 days at a time. A smaller version has already been flown successfully for 10 hours — making India one of the only countries to create a functional High-Altitude Platform. : Mint

Oil and Gas

” New Delhi : Oil India Limited (OIL), a Maharatna CPSE, held its 65th Annual General Meeting (AGM) on 14th September 2024. Dr Ranjit Rath, Chairman & Managing Director (CMD) addressed the shareholders of the Company and thankfully acknowledged their continuous trust & investment in the company.” : Sarkaritel.com

Oil India facing no payment problem in diesel exports to Bangladesh: Chairman

New Delhi : State-run Oil India has experienced no disruption in payment for its diesel exports to Bangladesh or in receiving equipment for its refinery project through the neighbouring country, its chairman Ranjit Rath has said. : Economic Times

Govt appoints Arunangshu Sarkar as ONGC’s first Director (Strategy)

New Delhi : The government has appointed Arunangshu Sarkar to the Oil and Natural Gas Corp board as the company’s first director (strategy and corporate affairs). : Economic Times

Oil India to commence drilling in Andaman offshores as part of exploration efforts

New Delhi : Oil India Limited Chairman and Managing Director, Ranjit Rath, said that the state-owned company is going to commence drilling activities in Andaman and Nicobar offshore waters, as part of its exploration efforts. : Economic Times

ONGC gets director to spearhead new energy, petrochem business

New Delhi : Oil and Natural Gas Corporation (ONGC) has got a new director to spearhead its new energy, petrochemicals and corporate strategy as part of a board revamp aimed at breathing fresh life into the state-controlled behemoth. : Economic Times

Adani Group honoured in TIME’s World’s Best Companies of 2024

Oil India aims to operate Numaligarh refinery at 180,000 bpd capacity by 2027

New Delhi : State-run explorer Oil India Ltd hopes to operate its refinery in the northeastern state of Assam at an expanded capacity of 180,000 barrels per day (bpd) in the fiscal year to March 2027, Chairman Ranjit Rath said on Saturday. : Mint

Nayara Energy sees 14.3% rise in domestic fuel sales, exports drop

Oil India to invest Rs 25,000 crore for net zero emissions by 2040: Chairman

New Delhi : State-owned Oil India Limited (OIL) plans to invest Rs 25,000 crore in clean energy projects to help achieve the net zero carbon emission goal by 2040, its chairman Ranjit Rath said on Saturday. : psuwatch.com

ONGC Green acquires PTE Energy & its 288.80 MW wind power capacity

New Delhi : Oil & Natural Gas Corporation’s (ONGC) green subsidiary, ONGC Green Limited (OGL), has signed a Share Purchase Agreement (SPA) for the acquisition of a 100 percent stake in PTC Energy Limited (PEL) on Friday, said ONGC in a regulatory filing. : psuwatch.com

HPCL appoints K Vinod as CFO of Board

New Delhi : Oil refinery PSU Hindustan Petroleum has announced that the Board members of the company had appointed Shri K Vinod as Chief Financial Officer of the company. : psuconnect.in

Green Hydrogen a historic opportunity to redefine energy systems, create jobs in India

New Delhi : India has ushered into a new era of energy transition driven by a shared commitment to advancing the ‘Hydrogen Agenda’, Minister of State for Power and New and Renewable Energy, Shripad Naik, has said. : Sarkaritel.com

Oil eases on resuming US output after storm, rising rig count

New Delhi : Oil eases on resuming US output after storm, rising rig count. : Economic Times

Centre grants in-principle approval to oil and gas exploration in Assam’s hoolock gibbon sanctuary

New Delhi : The Union environment ministry has granted in-principle approval to divert around 4.50 hectares of forest land in Assam, home to the endangered hoolock gibbon, for oil and gas exploration by a Vedanta Group company. : Economic Times

Duty hike on crude, refined oils to hugely benefit farmers: Official

New Delhi : The government’s decision to hike customs duty on crude palm and refined sunflower oil to 20 per cent and 32.5 per cent, respectively will “hugely” benefit farmers as it will increase their income, a senior official said on Saturday. : Economic Times

ONGC gets director to spearhead new energy, petrochem business & strategy

BPCL and IOC JV wins production concession in Abu Dhabi

New Delhi : Bharat Petroleum Corporation (BPCL) said its subsidiary along with Indian Oil Corporation (IOC) has been awarded a production concession by the Supreme Council for Financial and Economic Affairs (SCFEA) in Abu Dhabi. : psuconnect.in

OGL signs Share Purchase Agreement for Acquisition of PTC Energy Limited

New Delhi : State-owned ONGC Green Ltd has submitted a bid to acquire a 100% equity stake in PTC Energy Limited. According to the exchange filing, the Company has taken various initiatives in the Renewable Energy domain to achieve its Net Zero Target (Scope 1 & 2) by 2038. : psuconnect.in