28-Sep-2024

Power

” New Delhi : As part of the “Swachhata Hi Seva (SHS) 2024” campaign, launched by the Government of India with the theme ‘Swabhaav Swachhata, Sanskar Swachhata,’ the Ministry of Power has organized various activities to integrate cleanliness into daily life.” : globalgreenews.com

” New Delhi : NHPC, a ‘Navratna’ Enterprise of the Government of India has been conferred with ‘Honorary Award’ in recognition of its Outstanding Contribution to the Development of Renewable Energy in Uttar Pradesh during State Leadership Meet at Lucknow (UP) on 27th September 2024. ” : Sarkaritel.com

ETEnergyworld successfully concludes Energy Leadership Summit 2024

New Delhi : ETEnergyworld successfully concludes Energy Leadership Summit 2024. : Economic Times

Saatvik Solar plans to go public, look for PE partners

New Delhi : Saatvik Solar plans to go public, look for PE partners. : Economic Times

Saatvik Solar to raise ?1,000 crore for expansion, plans IPO

New Delhi : Saatvik Solar to raise ?1,000 crore for expansion, plans IPO. : Economic Times

OMCs plan ?2.2 lakh crore capex for refining expansion amid rising fuel demand

New Delhi : OMCs plan ?2.2 lakh crore capex for refining expansion amid rising fuel demand. : Economic Times

Sterling Wilson Renewable Energy promoters sell 7.14% stake for Rs 1,040 cr

New Delhi : Shapoorji Pallonji and Company and Khurshed Yazdi Daruvala, promoters of Sterling And Wilson Renewable Energy, on Friday divested a 7.14 per cent stake in the company for Rs 1,040 crore via open market transactions. : Business Standard

Morgan Stanley double upgrades Tata Power, Torrent Power; check out details

New Delhi : Global brokerage Morgan Stanley has double upgraded Tata Power and Torrent Power in its recent report on the ‘Utility’ sector. : Business Standard

NHPC, APGENCO sign JV agreement for renewables, pumped storage development

New Delhi : NHPC Ltd, India’s largest hydropower developer, has signed a joint venture agreement with Andhra Pradesh Power Generation Corp. Ltd (APGENCO) for implementation of pumped hydro storage and renewable energy (solar, floating solar and wind) projects in Andhra Pradesh. : pv-magazine.com

NHPC bags ‘Honorary Award’ for RE development in UP

New Delhi : NHPC Limited, a Navratna PSU under the Ministry of Power, has been conferred with ‘Honorary Award’ in recognition of its Outstanding Contribution to the Development of Renewable Energy in Uttar Pradesh. : psuwatch.com

Gujarat state discom GUVNL acquires 7.28% stake in Torrent Power

New Delhi : Electricity regulation board Gujarat Urja Vikas Nigam (GUVNL) acquired a nearly 7.3% stake in Torrent Power, the integrated power utility of the diversified Torrent Group, an exchange filing. : psuconnect.in

Bihar govt can’t provide free electricity to power consumers: Energy Minister

New Delhi : Bihar govt can’t provide free electricity to power consumers: Energy Minister. : Economic Times

Addressing the gaps in PM Surya Ghar Muft Bijli Yojana

New Delhi : Addressing the gaps in PM Surya Ghar Muft Bijli Yojana. : Economic Times

Maharashtra government inks MoUs worth Rs 47,500 crore in renewable energy sector

Mumbai : Maharashtra government inks MoUs worth Rs 47,500 crore in renewable energy sector. : Economic Times

Powerica Limited to install 19 GE Vernova Wind Turbines for 51.3 MW Gujarat project

New Delhi : Powerica Limited to install 19 GE Vernova Wind Turbines for 51.3 MW Gujarat project. : Economic Times

UPPCL’s plea may delay KSK Mahanadi resolution process

Mumbai : In a move that could delay the biggest bankruptcy resolution in the power sector involving Adani Power’s Rs 27,000-crore offer for the KSK Mahanadi project. : Economic Times

Adani Electricity carves out Dahanu Thermal Power Station

Mumbai : Adani Dahanu Thermal Power Station (ADTPS) on Friday said that Adani Electricity Mumbai has entered into a business transfer agreement with its wholly owned subsidiary North Maharashtra Power Limited for carving out ADTPS by way of a slump sale on a going concern basis. Dahanu Power Plant is a 500 MW coal-fired power project located in Maharashtra. : Economic Times

WB launches control room for uninterrupted power supply during Durga Puja

New Delhi : To ensure an uninterrupted power supply during the Durga Puja festival in the second week of October, the West Bengal government launched a 24×7 Puja control room and a dedicated WhatsApp service. : Business Standard

SJVN signs MoUs for 8.1 GW of pumped storage, 505 MW floating solar in Maharashtra

New Delhi : State-run hydropower producer SJVN Ltd has signed two Memorandums of Understandings (MoUs) with the Government of Maharashtra to develop 8.1 GW of pumped storage projects and 505 MW floating solar projects in the state of Maharashtra. : pv-magazine.com

Adani Green, TotalEnergies sign 1,150 MW AC joint venture agreement

New Delhi : Adani Green Energy Ltd (AGEL) announced this week the signing of a joint venture agreement with TotalEnergies for a 1,150 MW AC portfolio. This portfolio comprises a mix of already operational and under development solar assets. : pv-magazine.com

PFC undertakes a series of ‘Swachhata’ initiatives

New Delhi : As part of the “Swachhata Hi Seva (SHS) 2024” campaign, launched by the Government of India with the theme ‘Swabhaav Swachhata, Sanskar Swachhata,’ the Ministry of Power has organised various activities to integrate cleanliness into daily life. : psuwatch.com

MMRDA secures Rs 31,673-crore loan from Power Finance Corporation

New Delhi : The Mumbai Metropolitan Region Development Authority (MMRDA) has secured a major loan facility from the Power Finance Corporation (PFC). : psuconnect.in

Oil and Gas

India likely to add 35-40 MT crude oil refining capacity by FY30

New Delhi : India’s oil marketing companies (OMCs) are expected to add 35-40 million tonnes (MTs) of crude oil refining capacity and take the installed base to 295 MT by the end of fiscal 2030, a report said on Friday. : Sarkaritel.com

Union Minister Advocates for Inclusion of Petrol and Diesel under GST

New Delhi : Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Friday expressed support for including petrol and diesel under the Goods and Services Tax (GST), emphasizing that the move requires unanimous backing from all states. : devdiscourse

Oil prices slide on prospects Saudi Arabia to raise output

New Delhi : Oil prices slide on prospects Saudi Arabia to raise output. : Economic Times

India will not buy from Russia’s sanctioned Arctic LNG 2 project: Oil secretary Pankaj Jain

New Delhi : India will not buy liquefied natural gas (LNG) produced from Russia’s Arctic LNG 2 project, which is sanctioned by Western countries, Oil Secretary Pankaj Jain said on Friday. : Economic Times

India to not buy from Russia’s sanctioned LNG 2 project, says oil secy

India Has Become World’s Third Largest Producer And Consumer Of Ethanol: Minister Pralhad Joshi

New Delhi : Food and Public Distribution Minister Pralhad Joshi has said that India has become the World’s third largest Producer and Consumer of Ethanol. : globalgreenews.com

Petrol, Diesel To Come Under GST Soon? Union Minister Hardeep Puri Makes BIG Statement

Pune : Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Friday said he favoured bringing petrol and diesel under the Goods and Services Tax, but the decision needs unanimous support of the states. : Zeenews

Oil refiners likely to add 35-40 mt capacity spending Rs 2 tln by FY30

Mumbai : Oil marketing companies are likely to add 35-40 million tonnes of crude oil refining capacity and take the installed base to 295 mt by fiscal 2030 to meet the rising consumption forecast as the current capacities are already being optimally utilized at 100-103 percent. : New Indian Express

Plunging cracks may erode OMCs’ supernormal profits, delay fuel price cuts

New Delhi : European crude oil benchmark Brent sank to a low of around $69 per barrel (bbl) on September 10, a drop of nearly $22/bbl from $91/bbl early April, as China’s economy sputtered. Prices have since climbed by around $2/bbl. : Business Standard

Expect US crude oil to hit markets after country’s elections: Hardeep Singh Puri

Pune : The US govt is likely to put more crude oil in the international market after the country’s elections, irrespective of the results, Union minister for petroleum and natural gas Hardeep Singh Puri said. : Times of India

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On September 27

New Delhi : Petrol, Diesel Prices Today On September 27, 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