24-Sep-2024
Power
” New Delhi : NHPC, a premier hydro power Company and a ‘Navratna’ Enterprise of the Government of India has paid a final dividend of Rs. 338.51 Crore to Government of India for the F.Y. 2023-24 on September 20th, 2024.” : Sarkaritel.com
” New Delhi : NTPC Bongaigaon continues to shine on the national stage as the Samadhan Lean Quality Circle, a cross-functional team from the station, secured the prestigious Gold Award at the 39th Chapter Convention on Quality Circle and its Allied Concepts held in Pune.” : Sarkaritel.com
” New Delhi : The CBSE Far East Zone Chess Championship (Under-17 Mixed) 2024 was successfully held from 20th to 22nd September at Royal Global School, Guwahati, Assam. Among the 46 participating schools and 184 competitors, DPS Ruby Park, Kolkata, emerged as the champion in the U-17 category.” : Sarkaritel.com
Datta Power Infra arm signs pact with REC for Rs 1,500 crore financing
New Delhi : Datta Power Infra on Monday said its arm Adyant Enersol has signed an agreement with state-owned REC for Rs 1,500 crore financing for 500 MW renewable energy projects. : psuwatch.com
NTPC Green Energy’s Rs 10,000 cr IPO likely in November first week
New Delhi : NTPC Green Energy’s Rs 10,000 cr IPO likely in November first week. : Economic Times
India unveils CSIRT-Power to fortify power sector against cyber threats
New Delhi : India unveils CSIRT-Power to fortify power sector against cyber threats. : Economic Times
India’s coal import rises 41% to 25.23 MT in July: mjunction
New Delhi : India’s coal import rises 41% to 25.23 MT in July: mjunction. : Economic Times
Recoveries from stressed operational thermal plants to improve by 9 pc in next fiscal : Report
New Delhi : For asset reconstruction companies (ARCs), the cumulative recovery rate for stressed operational thermal power plants (TPPs) is set to improve 700-900 basis points (bps) on-year to 83-85 per cent next fiscal due to robust growth in power consumption, a report said on Monday. : Sarkaritel.com
Sustainiam to generate carbon credits for 400MW renewable assets of Brookfield Asset Management
New Delhi : Sustainiam to generate carbon credits for 400MW renewable assets of Brookfield Asset Management. : Economic Times
Indian state coal producer looks to sell surplus coal at discount
New Delhi : Indian state coal producer looks to sell surplus coal at discount. : Economic Times
Thermal capacities needed till RE supply matches demand: Power Minister
New Delhi : There is a need to continue with installation of new thermal capacities as the supply of green power is not in line with demand, Union Minister Manohar Lal said on Monday. : Economic Times
12.8 GW of thermal projects awarded in first 100 days of NDA 3.0, says government
New Delhi : A total of 12.8 GW of thermal power capacity has been awarded during the first 100 days of the new National Democratic Alliance (NDA), according to Pankaj Agarwal, secretary to the union ministry of power. : Mint
Thermal capacities needed till RE supply equals demand: Power minister
New Delhi : There is a need to continue with installation of new thermal capacities as the supply of green power is not in line with demand, Union Minister Manohar Lal said on Monday. : Business Standard
Power giant NHPC pays final dividend of Rs 338.5 cr to Centre for FY24
New Delhi : State-owned hydro power giant NHPC on Monday said it has paid a final dividend of Rs 338.51 crore to the Government of India for 2023-24. : Business Standard
Reliance Power board meeting on Sept 23; firm to consider fund raise
New Delhi : Anil Ambani’s Reliance Group has in recent years seen marquee firms being auctioned in insolvency proceedings and piling debt-fold businesses. But the group has, in the week gone by, made announcements that investors believe may mark its transformation. : Business Standard
NHPC tenders 2.4 GW of solar-plus-storage projects
New Delhi : NHPC Ltd has launched a tender to select developers for setting up 1.2 GW of grid-connected solar PV power projects with energy storage systems (ESS) and additional capacity up to 1.2 GW with ESS under “Greenshoe Option.” : pv-magazine.com
NTPC Unchahar Organizes Various Programs Under ‘Swachhata Hi Seva’ Fortnight
New Delhi : NTPC Unchahar has commenced the ‘Swachhata Hi Seva’ (Cleanliness is Service) campaign, hosting a series of cleanliness activities from September 17 to October 2, 2024. : indianpsu.com
NHPC pays final dividend of Rs 338.51 crore to Govt for the FY 2023-24
New Delhi : NHPC Limited has paid a final dividend of Rs 338.51 crore to government for the FY 2023-24. In addition, an interim dividend of Rs 947.82 crore for the FY 2023-24 was paid on March 05 aggregating total dividend of Rs 1286.33 crore for the FY 2023-24. : psuwatch.com
Navratna PSU NHPC paid final dividend to Govt
New Delhi : NHPC, a premier hydro power Company and a ‘Navratna’ Enterprise of the Government of India has paid a final dividend of Rs. 338.51 Crore to Government of India for the F.Y. 2023-24 on September 20th, 2024. : psuconnect.in
CEA concurred two more Hydro Pumped Storage Projects total of 2500 MW
New Delhi : In a landmark step towards realizing India’s renewable energy goals, the Central Electricity Authority (CEA) is making significant strides in addressing the growing need for large-scale energy storage in the nation’s power grid. : psuconnect.in
PM Modi lauds India’s green energy transition says, “We have no role in destroying the world”
New Delhi : PM Modi lauds India’s green energy transition says, “We have no role in destroying the world” : Economic Times
Agrivoltaics – Panacea for India’s Energy Transition with Solar Power
New Delhi : Agrivoltaics – Panacea for India’s Energy Transition with Solar Power. : Economic Times
Solar parts manufacturers seek government protection from cheap imports
New Delhi : Solar parts manufacturers seek government protection from cheap imports. : Economic Times
India bolsters power grid with 12.8 GW thermal capacity amid rising energy demannds
New Delhi : India bolsters power grid with 12.8 GW thermal capacity amid rising energy demannds. : Economic Times
CEA clears 2 PSPs worth 2,500 MW, targets 25,500 MW capacity concurrence by 2025
New Delhi : CEA clears 2 PSPs worth 2,500 MW, targets 25,500 MW capacity concurrence by 2025. : Economic Times
Solar91 Cleantech files draft papers to raise Rs 100 cr via SME IPO
New Delhi : Solar91 Cleantech files draft papers to raise Rs 100 cr via SME IPO. : Economic Times
Waaree Energies gets SEBI nod for IPO
New Delhi : Waaree Energies gets SEBI nod for IPO. : Economic Times
Tata Power-DDL gets patent for transformer life-enhancing device
New Delhi : Tata Power Delhi Distribution Ltd on Monday said it has received a patent for self-regenerating transformer breather for 20 years. : Economic Times
REC raises $500 million in foreign debt
New Delhi : Power financier REC Ltd has raised $500 million by selling a five-year bond to investors across the world in a transaction that closed on Monday. The bonds were priced at 127 basis points above the five-year US treasury which was trading at 3.51% on Monday, people familiar with the matter said. : Economic Times
Reliance Power announces ?1,525 crore preferential share issue
New Delhi : Reliance Power Ltd’s board of directors approved the issue of preferential shares to raise ?1,524.60 crore, the company said in a filing on the Bombay Stock Exchange (BSE) on Monday, September 23. : Mint
Reliance Power to raise Rs 1,525 crore through preferential issue
New Delhi : Anil Ambani-promoted Reliance Power (R-Power) on Monday announced that the company’s board has approved a preferential issue of equity shares worth Rs 1,525 crore, aimed at strengthening its renewable energy business and boosting its balance sheet. : Business Standard
Madhya Pradesh, Uttar Pradesh partner to develop 8 Gw solar power plants
New Delhi : Madhya Pradesh (MP) and Uttar Pradesh (UP) are partnering to develop 8 gigawatts (Gw) of solar power plants — a first-of-its-kind initiative in India through which two states are co-developing RE projects to share power. : Business Standard
Amid Bangladesh turmoil, Adani eyes Indian power grid to link Godda plant
New Delhi : Amid political uncertainty in Bangladesh, Adani Power is evaluating options to sell electricity within India. : Business Standard
NTPC Green Energy’s Rs 10,000 cr IPO likely in November first week
New Delhi : NTPC Green Energy, a subsidiary of state-owned power giant NTPC, is likely to bring its initial public offering (IPO) to raise Rs 10,000 crore in first week of November, a source said. : Business Standard
Datta Infra secures INR 1,500 crore REC loan to develop 500 MW of renewable energy projects
New Delhi : Adyant Enersol, an arm of Datta Infra, has announced the signing of a Memorandum of Understanding (MoU) with REC for INR 1,500 crore ($179.64 million) financing to develop 500 MW of renewable energy projects. : pv-magazine.com
AI Dustbin For Plastic Bottle Collection At Coal India Limited
New Delhi : As part of the Swachhata Hi Seva 2024 campaign, CIL have installed an AI dustbin at the corporate headquarters in Kolkata. CIL Chairman, P.M. Prasad, FDs and CVO observed the operational features of the innovative dustbin. : indianpsu.com
Reliance Power board approves Rs 1,525 crore preferential issue
New Delhi : The board of Reliance Power Limited on Monday approved raising Rs 1,525 crore through a preferential issue where promoters will pour Rs 600 crore into the company to advance its business. : psuwatch.com
Coal India forms JV for renewable energy business in Rajasthan
New Delhi : In a filing to BSE, the CIL said that the PSU and RRVUNL will have the right to nominate four and two executives as directors of the JV, respectively. : psuwatch.com
THDCIL Organized ‘Safai Mitr Suraksha Shivir’ Under the Theme ‘Swabhav Swachhta, Sanskar Swachhta
New Delhi : This initiative aligns with the Government of India’s broader mission to promote cleanliness and hygiene, coinciding with the celebration of Mahatma Gandhi’s birth anniversary on October 2. : psuconnect.in
SJVN organized Health Camp for Sanitation & Construction Workers at CHQ, Shimla
New Delhi : SJVN is observing Swachhata Hi Sewa 2024 in all its Offices and Projects from 17th September to 2nd October 2024. As part of the campaign, SJVN organized a Health Camp at its Headquarters in Shimla today. : psuconnect.in
PSUs gears up to list their green ventures on exchanges
New Delhi : Encouraged by the strength of the primary market, public sector companies are preparing to separate their green energy division and make it available for trading on the stock exchange. : psuconnect.in
Oil and Gas
GAIL organises CBG workshop for diverse group of stakeholders under aegis of MoPNG
Varanasi : Under the aegis of Ministry of Petroleum and Natural Gas (MoP&NG), GAIL (India) Ltd successfully organised a workshop here. : millenniumpost.in
ONGC partners Reliance for exploration bid a decade after suing it in a gas row
New Delhi : State-run Oil and Natural Gas Corp (ONGC), which sued Reliance Industries (RIL) a decade ago for allegedly illegally pumping out natural gas from its KG basin field, has now teamed up with the private sector giant to bid for an oilfield exploration licence. : Economic Times
Kerala’s green hydrogen valley project to be set up with Rs 18,542 cr investment
New Delhi : Kerala’s green hydrogen valley project to be set up with Rs 18,542 cr investment. : Economic Times
Oil edges higher as US interest rate cut counters weak demand
New Delhi : Oil edges higher as US interest rate cut counters weak demand. : Economic Times
India’s biggest oil, gas bid round gets 4 bidders; Reliance-bp-ONGC bid together
New Delhi : India’s biggest oil, gas bid round gets 4 bidders; Reliance-bp-ONGC bid together. : Economic Times
Oil edges up following US rate cut move, geopolitical concerns
New Delhi : Oil edges up following US rate cut move, geopolitical concerns. : Economic Times
Incentives, local support at state level can boost biogas sector; states can save Rs 50K cr, says industry
New Delhi : Incentives, local support at state level can boost biogas sector; states can save Rs 50K cr, says industry. : Economic Times
India’s crude oil production drops 3.4% in August, imports rise amid varied refining activities
New Delhi : India’s crude oil production drops 3.4% in August, imports rise amid varied refining activities. : Economic Times
Canadian natural gas prices fall to two-year low as storage fills
New Delhi : Canadian natural gas prices slumped to their lowest level in more than two years on Monday and are expected to remain under pressure for weeks, as storage levels in Alberta reach full capacity due to weak demand across North America. : Mint
Adani Total Gas share up 7% on securing $375 mn funding to expand CGD biz
New Delhi : Adani Total Gas in focus:Shares of Adani Total Gas Limited (ATGL) surged as much as 7.36 per cent to hit an intraday high of Rs 846.65 per share on Monday, September 23, 2024. : Business Standard
Suez crisis: Houthi attacks disrupt India’s diesel trade and oil business
New Delhi : Sonangol Huila, a very large crude carrier (VLCC), left Jamnagar carrying 1 million barrels of diesel on July 8 and reached Le Havre, a French port, on August 18; Elandra Falcon, carrying 1 million barrels of ultra-low sulphur diesel, left Jamnagar in June and reached Vesta Antwerp on August 10. : Business Standard
India’s crude oil imports surge 6.4% as domestic production declines
New Delhi : India’s crude oil imports surge 6.4% as domestic production declines. : Economic Times
Climate Group urges countries to tax oil , gas imports; rapidly reduce methane emissions
New Delhi : Climate Group urges countries to tax oil , gas imports; rapidly reduce methane emissions. : Economic Times
Josler Energy, IGL, and Heath Consultants join forces for safer, greener gas infra
New Delhi : Josler Energy, IGL, and Heath Consultants join forces for safer, greener gas infra. : Economic Times
India’s August Russian oil imports slip 18% from July, tanker data show
New Delhi : India’s monthly oil imports from Russia fell by 18.3% to about 1.7 million barrels per day (bpd) in August from the previous month due to lower crude processing by some refiners, tanker data obtained from trade sources showed. : Economic Times
Govt looks to reduce tax on marine diesel oil to boost coastal, inland shipping
New Delhi : The union government is looking to reduce the tax on marine diesel oil (MDO) by building consensus to bring it under the Goods and Services Tax (GST), among other options. : Mint
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On September 23
New Delhi : Petrol, Diesel Prices Today On September 23, 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
