15-Oct-2024
Power
” Mumbai : Pradip Kumar Das, Chairman & Managing Director, Indian Renewable Energy Development Agency Limited (IREDA), participated in two panel discussions today at the Brainstorming Conclave organized by the Central Electricity Authority (CEA).” : Sarkaritel.com
Adani Energy Solutions reports surge in project pipeline to Rs 27,300 crore in Q2 FY25
New Delhi : Adani Energy Solutions Ltd (AESL) on Monday reported an increase in its project pipeline from Rs 17,000 crore in the first quarter of the current fiscal to Rs 27,300 crore in the second quarter (Q2 FY25). : Sarkaritel.com
Vikas Saptah: Gujarat moving towards building sustainable future through renewable energy
New Delhi : Vikas Saptah: Gujarat moving towards building sustainable future through renewable energy. : Economic Times
Saatvik Green Energy bags ?302 crore order from MAHAGENCO for 200 MW solar module supply
New Delhi : Saatvik Green Energy bags ?302 crore order from MAHAGENCO for 200 MW solar module supply. : Economic Times
JSW Renew Energy signs major 700 MW solar power agreement with NTPC
New Delhi : JSW Renew Energy signs major 700 MW solar power agreement with NTPC. : Economic Times
India’s power demand to hit 708 GW by 2047, plans 2,100 GW capacity with 500 GW renewables
New Delhi : India’s power demand to hit 708 GW by 2047, plans 2,100 GW capacity with 500 GW renewables. : Economic Times
SC revives Adani Power’s Rs 27,000 cr bankruptcy resolution for KSK Mahanadi project
New Delhi : Putting back on track the biggest bankruptcy resolution in the power sector involving Adani Power’s Rs 27,000-crore for the 1,800-MW KSK Mahanadi project, the Supreme Court on Monday set aside the Telangana High Court’s order that deferred the insolvency proceedings against the debt-laden company before the National Company Law Appellate Tribunal. : Economic Times
Government working on national scheme for power distribution with focus on renewable energy capacity
New Delhi : The Central Electricity Authority (CEA) is working on a national scheme for power distribution for the first time as it focuses on creating 600 GW (gigawatt) of renewable energy capacity to meet rising demand in the country, union power minister Manohar Lal said. : Mint
Raj plugs into future, set to install smart electricity metres in all homes
New Delhi : The Rajasthan government has decided to install smart electricity metres in all homes in the state in its bid to curb power theft. : Business Standard
India expects 708 GW demand by 2047; 2,100 GW power generation capacity
New Delhi : India needs to increase its power generation capacity four-fold to 2,100 GW by 2047 against an anticipated demand of 708 GW, Union Power Minister Manohar Lal said on Monday. : Business Standard
Key takeaways from Renewable Energy India Expo 2024
New Delhi : Indian solar manufacturers are scaling their annual capacities in a big way, many to 10 GW or beyond, with the government initiatives setting the stage for big deployment. Most of the production lines are running at full capacities. : pv-magazine.com
Sterling and Wilson Renewable Energy hits unexecuted order value of more than INR 10,500 crore
New Delhi : Sterling and Wilson Renewable Energy Ltd, an Indian multinational renewable EPC provider, has reported revenue from operations of INR 1,030.49 crore for the second quarter ended September of FY 2024-25, a 36% increase year-on-year and 13% jump quarter-on-quarter. : pv-magazine.com
UTL Power plans Rs 500 crore investment over four years in MP
New Delhi : UTL Solar aims to set up a new manufacturing unit with an estimated investment of Rs 500 crore over the next four years at Ratlam in Madhya Pradesh. : psuwatch.com
Khattar launches National Electricity Plan for transmission, inaugurates industry event
New Delhi : Union Minister for Power Manohar Lal Khattar inaugurated ‘Brainstorming Session on the Indian Power Sector Scenario 2047’ and launched the National Electricity Plan (Transmission) on Monday. : psuwatch.com
India needs to consider PLI scheme to plug supply chain gaps in transmission: Power Secretary
New Delhi : Stressing that India needs to plug supply chain gaps in the power transmission sector for faster deployment of transmission network for reaching the target of 500 GW Renewable Energy (RE) capacity by 2030, Power Secretary Pankaj Agarwal said that a Production-Linked Incentive (PLI) scheme may address the problem. : psuwatch.com
IREDA receives approval through DIPAM to establish retail subsidiary
New Delhi : State-owned Indian Renewable Energy Development Agency Limited (IREDA) received in-principle approval from the Department of Investment and Public Asset Management (DIPAM), to establish a wholly-owned retail subsidiary. : psuconnect.in
Pushpendra Tyagi appointed as New CFO of NTPC RE Limited
New Delhi : NTPC Renewable Energy Ltd to strengthen its financial leadership by appointing Pushpendra Tyagi as its new Chief Financial Officer (CFO). : psuconnect.in
Rooftop Solar Can Increase Local Temperature, Says Research
New Delhi : Rooftop Solar Can Increase Local Temperature, Says Research. : saurenergy.com
India’s Renewable Capacity Crosses 200 GW Benchmark
New Delhi : India’s Renewable Capacity Crosses 200 GW Benchmark. : saurenergy.com
India surpasses 200 GW-mark in renewable energy production
New Delhi : India surpasses 200 GW-mark in renewable energy production. : Economic Times
PLI scheme for transmission equipment may be explored: Power Secy Pankaj Agarwal
New Delhi : PLI scheme for transmission equipment may be explored: Power Secy Pankaj Agarwal. : Economic Times
India’s coal import rises 11 pc in Apr-Aug period
New Delhi : India’s coal import rises 11 pc in Apr-Aug period. : Economic Times
Gautam Solar planning to launch IPO to fund 2-GW solar cell mfg line
New Delhi : Gautam Solar planning to launch IPO to fund 2-GW solar cell mfg line. : Economic Times
India needs to explore incentives to improve renewables transmission capacity, power secretary says
New Delhi : India needs to explore the need for a production-linked incentive (PLI) scheme to improve its renewable energy transmission capacity, power secretary Pankaj Agarwal said at an event on Monday. : Economic Times
India targets 35% increase in power transmission capacity by FY32 end
New Delhi : India is targetting a transmission line capacity of 650,000 circuit km by the end of FY32 as per the National Electricity Plan 2022-32 released by the Central Electricity Authority Monday. : Economic Times
Power cut in Chennai today: 5-hour outage for 2 days to impact THESE areas in Tamil Nadu’s capital
Chennai : The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) announced Monday that there will be a power supply disruption due to maintenance work. : Mint
India Is Finally Becoming a Clean Energy Superpower
New Delhi : It’s better to under-promise and over-deliver. India’s clean power industry is finally making good on that dictum. : Mint
Sri Lanka’s new govt reconsidering approval to Adani’s power project
New Delhi : Sri Lanka’s new government led by Anura Kumara Dissanayake on Monday told the Supreme Court that it would reconsider the approval granted by the previous government to India’s Adani Group for a wind power project. : Business Standard
PLI scheme for power transmission soon: Power Secretary Pankaj Agarwal
New Delhi : Aiming to localise equipment for the power transmission sector, the Centre is exploring various incentive options, including a production-linked incentive (PLI) scheme, the union power secretary Pankaj Agarwal said on Monday. : Business Standard
Gensol Engineering secures 23 MWp rooftop solar project in Dubai
New Delhi : Gensol Engineering Ltd, a renewable energy player specializing in solar power engineering, procurement, and construction (EPC) services. : pv-magazine.com
Gautam Solar to launch IPO
New Delhi : Gautam Solar has announced plans to expand its solar module manufacturing capacity to 5 GWp by 2025. “This expansion will occur in three phases, with the first phase set for completion in November 2024, followed by the second and third phases in January and April 2025, respectively,” stated the company. : pv-magazine.com
Union Minister Manohar Lal Calls For Collaboration To Achieve 2,100 GW Power Generation By 2047
New Delhi : Union Minister for Power Manohar Lal today urged all stakeholders of the Power Sector to collaborate to achieve 2,100 Gigawatts of power generation by 2047. Addressing the Central Electricity Authority Brainstorming Conclave in New Delhi. : globalgreenews.com
Tripling Renewables Needs USD 1.5 Trillion Investment Per Year: IRENA
New Delhi : Despite an unprecedented acceleration in renewable energy deployment in 2023, progress falls short to triple renewables by 2030. Current national plans and targets are set to deliver only half of the required growth in renewable power by 2030. : indianpsu.com
JSW Energy arm, NTPC sign power purchase agreement
New Delhi : JSW Renew Energy Thirteen Ltd, a step-down subsidiary of JSW Energy, has signed a 25-year power purchase agreement with state-owned NTPC. : psuwatch.com
IREDA CMD outlines path to achieving India’s energy transition goals by 2047 at CEA Conclave
New Delhi : Indian Renewable Energy Development Agency Limited (IREDA) Chairman & Managing Director (CMD) Pradip Kumar Das participated in two panel discussions on Monday at the Brainstorming Conclave organised by the Central Electricity Authority (CEA). : psuwatch.com
MNRE notifies Scheme Guidelines for Rs 500 crore Innovative Projects
New Delhi : Union Ministry of New and Renewable Energy has notified Scheme Guidelines for the implementation of ‘Innovative Projects’ under PM-Surya Ghar Muft Bijli Yojana. : psuconnect.in
Power Minister Launches National Electricity Plan (Transmission)
New Delhi : Power Minister Launches National Electricity Plan (Transmission). : saurenergy.com
Saatvik Solar secures INR 302 crore contract to supply PV modules to MAHAGENCO
New Delhi : Saatvik Green Energy today announced that it has won a contract with Maharashtra State Power Generation Co. Ltd (MAHAGENCO) to supply 200 MW of its n-type TOPCon 580 Wp modules to various locations across Maharashtra. : pv-magazine.com
Oil and Gas
” New Delhi : Union Minister for Road Transport and Highways, Nitin Gadkari on Monday said that the research on blending 15 per cent ethanol in diesel is in advanced stages, and the Centre is exploring the prospects around how to prioritise it based on sound evidence.” : Sarkaritel.com
ONGC looks at mini-LNG plants to evacuate gas from isolated fields
New Delhi : ONGC looks at mini-LNG plants to evacuate gas from isolated fields. : Economic Times
RIL Q2 results: Net profit slips 5% to Rs 16,563 crore on weak fuel biz
New Delhi : Oil-to-telecom conglomerate Reliance Industries Ltd (RIL) reported a 4.8 per cent year-on-year (Y-o-Y) decline in consolidated profit (attributable to the owners) at Rs 16,563 crore for the July-September quarter (Q2) of 2024-25, missing analysts’ expectations by a wide margin. Revenues, too, disappointed. : Business Standard
LNG Producer-Consumer Conference 2024 calls for roadmap to decarbonise LNG value chain
New Delhi : LNG Producer-Consumer Conference 2024 calls for roadmap to decarbonise LNG value chain. : Economic Times
India well poised to achieve 20 per cent ethanol blending target before deadline: Hardeep Puri
New Delhi : India well poised to achieve 20 per cent ethanol blending target before deadline: Hardeep Puri. : Economic Times
Govt begins talks on developing ethanol roadmap beyond 20% blending: Oil Minister
New Delhi : The government has begun discussions on developing a roadmap to boost ethanol adoption after 2025, once the national target of 20% blending in petrol is met, oil minister Hardeep Singh Puri has said. : Economic Times
OPEC Further Trims Oil-Demand Outlook
New Delhi : OPEC Further Trims Oil-Demand Outlook. : Mint
Permits put on hold for planned pipeline to fuel a new Tennessee natural gas power plant
New Delhi : A federal appeals panel has temporarily halted two permits needed to begin construction on a pipeline project in Tennessee that will supply a natural gas plant. : Mint
Research on 15% ethanol blending in diesel in advanced stages: Gadkari
New Delhi : Union minister Nitin Gadkari on Monday said that the research around blending 15 per cent ethanol in diesel is in advanced stages, and the government is exploring ways to prioritise it based on sound evidence. : Business Standard
Opec again lowers forecast of global oil demand growth in 2024, 2025
New Delhi : Opec on Monday cuts its forecast for global oil demand growth in 2024 reflecting data received so far this year and also lowered its projection for next year, marking the producer group’s third consecutive downward revision. : Business Standard
400 Pumps Of Ethanol Bio-Fuel Established Nationwide: Union Minister Nitin Gadkari
New Delhi : Union Minister for Road Transport and Highways Nitin Gadkari today said that 400 pumps of ethanol bio-fuel are being established across the country. : globalgreenews.com
Government’s Support Fuels Transformation Of Bioenergy Ecosystem In India: Petroleum Minister Hardeep Singh Puri
New Delhi : At the 12th Edition of the CII Bioenergy Summit today, Hardeep Singh Puri, Minister of Petroleum and Natural Gas, underscored India’s remarkable progress in bioenergy, aligning with the summit’s theme, “Fuelling the Future – Securing India’s Green Growth Goals.” : indianpsu.com
Reliance Industries quarterly consolidated revenue at Rs 2.58 lakh crore for Q2
New Delhi : Reliance Industries Limited (RIL) reported quarterly consolidated revenue at Rs 2.58 lakh crore for Q2 FY25. The company’s Oil to Chemicals (O2C) revenue improved with higher volumes and increased domestic placement of products. : Sarkaritel.com
Govt advances target for 20 pc ethanol blending by 2025: Hardeep Puri
New Delhi : The government has advanced its target for 20 per cent ethanol blending by 2025, reinforcing its commitment to sustainable energy, Union Minister of Petroleum and Natural Gas, Hardeep Singh Puri, said on Monday. : Sarkaritel.com
‘PPP to boost India’s green hydrogen plan’
New Delhi : ‘PPP to boost India’s green hydrogen plan’. : Economic Times
15% ethanol blending in diesel research in advanced stages: Gadkari
New Delhi : 15% ethanol blending in diesel research in advanced stages: Gadkari. : Economic Times
OPEC trims 2024 global oil demand forecast to 1.93 million bpd on bulk of China downgrade; Brent drops 2% to $77
New Delhi : The Organization of the Petroleum Exporting Countries and allies, including Russia (OPEC+) cut its forecast for global oil demand growth in 2024 and also lowered its projection for next year, marking the oil producer group’s third consecutive monthly downward revision due to a slowdown in global fuel use. : Mint
Crude oil falls 2% as Opec cuts oil demand growth view, China concerns
New Delhi : Oil prices declined more than 2% on Monday, wiping out all of last week’s gains, as OPEC lowered its 2024 and 2025 global oil demand growth view again while China’s oil imports fell for a fifth month in a row. : Business Standard
India saved Rs 1.06 lakh crore in foreign exchange from biofuel blending: Puri
New Delhi : India, the world’s third largest oil importing and consuming nation, saved Rs 1.06 lakh crore in foreign exchange during the last decade by mixing biofuels in petrol, Oil Minister Hardeep Singh Puri said on Monday. : psuwatch.com
MRPL Board announces extension period of M.S Kamath as Director (Finance)
New Delhi : State-owned Mangalore Refinery and Petrochemicals Ltd has announced the extension period of Shri Mundkur Shyamaprasad Kamath for the additional charge of Director (Finance) up to six months. : psuconnect.in
Saudi Arabia seeks BPCL refinery investment in India
New Delhi : Saudi Arabia is considering investment opportunities in the Indian Government-backed Bharat Petroleum Corporation Limited’s (BPCL) new refinery project, according to sources. : psuconnect.in
Petrol, Diesel Price Today 14 October 2024 in Mumbai, Jammu, Lucknow and Hyderabad
New Delhi : Petrol, Diesel Price Today 14 October 2024: Oil prices were down by $1 per barrel on 14 October, (Monday) because of fear of a decrease in demand from China. : Financial Express
