20-Sep-2024

Power

” New Delhi : Jawahar Science College, Neyveli, patronized by NLC India Ltd., and governed byJawahar Education Society conducted the 12th Graduation Day today, 18.09.24, for the graduates of the academic year 2021 & 2022 of Thiruvalluvar University,Vellore,with grand enthusiasm and pride at the college’sSeminarHall” : Sarkaritel.com

” New Delhi : NTPC Bongaigaon hosted the “Ek Ped Maa Ke Naam” tree plantation drive on 17th September 2024, within its lush plant premises. The event, set against the green expanse of the NTPC campus, highlighted the company’s dedication to environmental stewardship and sustainable development.” : Sarkaritel.com

State-run NTPC’s green energy arm files for $1.2 bln India IPO

New Delhi : State-run NTPC’s green energy arm files for $1.2 bln India IPO. : Economic Times

IREDA receives approval to raise ?4,500 crore via equity issue for renewable energy Projects

New Delhi : IREDA receives approval to raise ?4,500 crore via equity issue for renewable energy Projects. : Economic Times

PFC pays Rs 462 crore final dividend for FY 2023-24

New Delhi : State-owned Power Finance Corporation (PFC) has paid a final dividend of Rs 462 crore to the Government of India for 2023-24, according to sources. : psuconnect.in

Power consumption in India to grow at 10 per cent annually till 2030: Report

New Delhi : Power consumption in India to grow at 10 per cent annually till 2030: Report. : Economic Times

Power Grid bags transmission project in Gujarat

New Delhi : Power Grid Corporation of India on Thursday said it has been declared as the successful bidder for a transmission project in Gujarat. : psuwatch.com

GUVNL announces green financing fund at RE-INVEST

New Delhi : GUVNL announces green financing fund at RE-INVEST. : Economic Times

NTPC board approves Rs 9,700 cr investment for 800 MW Sipat project

New Delhi : State-owned power giant NTPC on Thursday said its board has approved an investment of Rs 9,790.87 crore for stage-III of the Sipat Super Thermal Power Project. The decision was taken at the meeting of the board of directors of the company, NTPC said in a regulatory filing. : Economic Times

Power dues from Bangladesh: PTC & SEIL seek to invoke bank guarantees

Mumbai : PTC India and SEIL Energy India have written to the Bangladesh Power Development Board (BPDB) seeking to invoke their respective bank guarantees in view of non-payment of dues for the power supplied, according to two industry sources aware of the development. : Economic Times

NTPC Green Energy IPO SWOT analysis: Key strengths, weaknesses from DRHP

New Delhi : NTPC Green Energy IPO: NTPC Green Energy, the renewable energy subsidiary of National Thermal Power Corporation (NTPC), a ‘Maharatna’ central public sector enterprise, has submitted its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi), marking the commencement of its initial public offering (IPO) process. : Business Standard

SJVN generates 8,489 MU of power as green energy in FY24: CMD Sharma

New Delhi : State-owned SJVN generated 8,489 million units (MUs) of green energy from its operational hydro, solar and wind power stations in 2023-24, a top company official said. : Business Standard

Torrent Power secures LoI for 1.5 GW pumped hydro storage capacity

New Delhi : Torrent Power Ltd has emerged as a successful bidder and received Letter of Intent (LoI) from Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) for procurement of 1.5 GW/ 12 GWh energy storage capacity from pumped hydro storage project. : pv-magazine.com

Freyr Energy Set To Redefine India’s Rooftop Solar Landscape

New Delhi : Freyr Energy, India’s leading rooftop solar company for homes and small businesses, today announced its plans to open experience centers in all the cities it operates in over the next two years. : indianpsu.com

DVC followed all norms before releasing water from dams: Govt

New Delhi : The Central Government on Thursday said that all norms were followed while releasing water from the Damodar Valley Corporation (DVC), denying accusations by West Bengal Chief Minister Mamata Banerjee that the water discharge was responsible for flooding in the state. : psuwatch.com

Gujarat Urja Vikas Nigam Limited (GUNVL) announces a green financing fund at RE-INVEST 2024 to support renewable energy bid winners

New Delhi : Gujarat Urja Vikas Nigam Limited (GUVNL) officially announced a green financing fund to support its RE bid winners at the 4th Global Renewable Energy Investors Meet and Expo (RE-INVEST). : psuconnect.in

Grid Controller of India Limited (GRID-INDIA) holds its 15th Annual General Meeting (AGM)

New Delhi : Grid Controller of India Limited (formerly Power System Operation Corporation Ltd.), a Miniratna –I and Schedule A CPSE, successfully concluded its 15th Annual General Meeting on 18.09.2024 through hybrid mode from its Registered Office in New Delhi (Deemed Venue). : psuconnect.in

Govt approves ASHVINI JV to build and operate nuclear power plants, transfers Mahi Banswara project

New Delhi : Govt approves ASHVINI JV to build and operate nuclear power plants, transfers Mahi Banswara project. : Economic Times

Solar on track for another record year: report

New Delhi : Solar on track for another record year: report. : Economic Times

Renewable energy not optional, but a compulsion: Dhankar

New Delhi : Renewable energy not optional, but a compulsion: Dhankar. : Economic Times

Over 1.16 lakh solar panels installed on Vadodara canals generate 29.51 million units of energy

New Delhi : Over 1.16 lakh solar panels installed on Vadodara canals generate 29.51 million units of energy. : Economic Times

SJVN generates 8489 MU power in FY24: CMD

Tata Power and Adaro International in arbitration over coal supply dispute

New Delhi : Tata Power Company Ltd (TPCL) and Singapore-based Indonesian mining company Adaro International are engaged in a legal dispute over a coal supply agreement signed in August 2020 for the Trombay power plant, TPCL said in a regulatory filing on Thursday. : Economic Times

NTPC hits all-time high after arm files draft papers for Rs 10,000-cr IPO

New Delhi : NTPC in focus: Share of the state-owned NTPC jumped as much as 4.34 per cent to hit a fresh all-time high of Rs 431.85 per share on Thursday, September 19, 2024. Notably, NTPC is the top gainer on both NSE and BSE. : Business Standard

NTPC’s prospects appear robust, barring seasonal impact in August

New Delhi : Power generation decelerated 4.7 per cent year-on-year (Y-o-Y) to 155 billion units (BU) in August 2024. This was the first downtrend in many years, albeit on a high base — generation had increased 19 per cent Y-o-Y to 163 billion units (BU) in August 2023. : Business Standard

Yashika Energy Systems partners Germany’s Next2Sun on vertical bifacial agri-PV systems

New Delhi : Yashika Energy Systems has partnered with Next2Sun Germany and Wattkraft India to introduce Next2Sun’s vertical solar technology in India. : pv-magazine.com

SJVN generates 8489 MU power in FY’24: CMD

New Delhi : SJVN Limited held its 36th Annual General Meeting (AGM) for the financial year 2023-24, where company’s Chairman and Managing Director (CMD) Sushil Sharma, highlighted the company’s significant achievements and future plans. : psuwatch.com

Grid India approves Rs 4.74 crore dividend at 15th AGM

New Delhi : Grid Controller of India Limited (Grid-India), formerly known as Power System Operation Corporation Limited, successfully concluded its 15th Annual General Meeting (AGM) on September 18. : psuwatch.com

SJVN Limited holds 36th Annual General Meeting

New Delhi : SJVN, today held its 36th Annual General Meeting (AGM) for financial year 2023-24. Addressing the shareholders, CMD Sh. Sushil Sharma highlighted company’s accomplishments, operational challenges and ambitious growth plans. : psuconnect.in

Power Grid bags inter state transmission project under TBCB

New Delhi : State-owned Power Grid Corporation of India Ltd has announced that it has been declared the successful bidder to establish a major inter-state transmission system under a tariff-based competitive bidding process. : psuconnect.in

12th Graduation Day Ceremony At Jawahar Science College, Neyveli

New Delhi : Jawahar Science College, Neyveli, patronized by NLC India Ltd., and governed by Jawahar Education Society conducted the 12h Graduation Day today, 18.09,24, for the graduates of the academic year 2021 & 2022 of Thiruvalluvar University, Vellore, with grand enthusiasm and pride at the college’s Seminar Hall. : psuconnect.in

NTPC Dulanga Conferred with FIMI Special Social Responsibility Award

New Delhi : NTPC Dulanga Coal Mining Project was honored with the prestigious FIMI Special Social Responsibility Award during the 58th Annual General Meeting of the Federation of Indian Mineral Industries (FIMI). : psuconnect.in

Oil and Gas

India-US trade has potential to reach $500 billion mark, says Puri

New Delhi : The United States is India’s sixth largest energy trade partner and the growing bilateral trade has the potential to cross the $500 billion-mark from $ 200 billion at present, Petroleum Minister Hardeep Singh Puri has said. : Business Standard

10th oil, gas bidding round may offer ‘no-go’ areas: Oil ministry official

New Delhi : India is likely to offer areas classified as ‘no-go’ areas in the tenth round of bidding for exploring and producing oil and gas in early 2025, a top oil ministry official said on Thursday. : Business Standard

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On September 19

New Delhi : Petrol, Diesel Prices Today On September 19, 2024: Every day at 6 a.m., oil marketing companies (OMCs) announce the price of petrol and diesel, maintaining consistency despite these commodities’ inherent volatility. : news18.com

Windfall tax on crude petroleum slashed to zero

New Delhi : Windfall tax on crude petroleum slashed to zero. : Economic Times

Oil prices rise after US interest rate cut

New Delhi : Oil prices rise after US interest rate cut. : Economic Times

Changed oil market may help India extract better deals from suppliers

New Delhi : The international oil market has changed in a year and will influence the way India negotiates its annual crude purchase deals for next year as the country is witnessing fuel consumption growth while global demand is forecast to be weakening, a petroleum ministry official said. : Economic Times

Next round of bidding for oil, gas assets in early 2025, to include no-go areas

New Delhi : The Union ministry of petroleum and natural gas is planning to hold the next round of bidding for oil and gas assets under the open acreage licensing programme (OALP) early next year, an official aware of the development said. : Mint

Govt-owned refiners likely to ink Russian crude term deal by FY26

New Delhi : A joint front of State-owned refiners is discussing crude oil purchase from Russia under a term deal that may be sealed in the next financial year (FY26), petroleum ministry sources said. : Business Standard

Crude Oil Strategy Today: Check target price, support & other key levels

New Delhi : WTI crude oil had surged on Tuesday on the incident of pager blasts in Lebanon which killed eight people and injured hundreds; however, yesterday, it settled 0.83 per cent lower at $69.38 despite a 50-bps cut by the Fed. : Business Standard

Japan’s LNG imports from Russia up by 49% in Aug, US supply down, preliminary data shows

New Delhi : Japan’s LNG imports from Russia up by 49% in Aug, US supply down, preliminary data shows. : Economic Times

Ajay Tyagi-led panel to suggest ways to split marketing and transport companies, end city gas monopoly

New Delhi : The Petroleum and Natural Gas Regulatory Board (PNGRB) has set up a committee to recommend ways to resolve the two most contentious issues in the domestic natural gas sector: splitting entities that engage in both transport and marketing of gas and ending the monopolies of city gas distributors where required. : Economic Times

10th oil, gas block bidding round in 2025 on liberalised terms: Oil Ministry official

Oil prices rise 2% on US interest rate cut, helps Brent crude recover

New Delhi : Oil prices rose 2 per cent on Thursday after the Federal Reserve’s large cut in US interest rates, helping global benchmark Brent crude recover from its lowest in nearly three years hit last week. : Business Standard