14-Nov-2024
 | “New Delhi : Arvinder Singh Sahney, an industry veteran with nearly three decades of experience, has taken charge as the Chairman of Indian Oil Corporation Ltd. (IndianOil). A Chemical Engineer from HBTI, Kanpur, Mr. Sahney began his career with IndianOil in 1993. Over the years, he has held key positions across various functions, including Refinery Operations, Technical Services, Health, Safety, and Environment (HSE)and Petrochemicals. He played a crucial role in the commissioning of the 15 MMTPA Paradip Refinery,which has significantly bolstered India’s refining capacity and energy security.” : Sarkaritel.com |
Power
Centre to deliberate on plans to achieve 500 GW green energy target by 2030
New Delhi : The Union Ministry of New and Renewable Energy (MNRE) on Wednesday said it is organising a two-day ‘Chintan Shivir’ in Bhubaneswar on November 14-15 to focus on strategies to achieve the target of 500 GW by 2030, and progress toward the next goal of 1800 GW by 2047. : Sarkaritel.com
Odisha govt seeks central aid to add over 10,000 MW power storage capacity
New Delhi : The state government on Tuesday urged the central government to extend financial support for developing pump storage power plants (PSPs) of 10,000 mega watt capacity and building a green energy corridor to connect renewable energy projects to the national grid. : New Indian Express
Coal import for blending purposes in power generation declines by 8.5% during April-Sept 2024
New Delhi : Coal imports for blending purposes decreased to 9.79 MT compared to last year which was 10.70 MT indicating a decline of 8.5 per cent during the same period, the Ministry of Coal said in a release on Tuesday. : theprint.in
” New Delhi : Power ministry likely to roll out ?1,000 cr interest subvention scheme for energy Effieencies in MSME ” : Economic Times
Gerc approves tariffs for 259 mw solar projects under kusum
New Delhi : Gerc approves tariffs for 259 mw solar projects under kusum : mercomindia.com
NVVN To Solarise Premises Of Assam Rifles In Northeast
New Delhi : NVVN To Solarise Premises Of Assam Rifles In Northeast. : saurenergy.com
India asks states to consider setting up nuclear power plants, list power utilities
New Delhi : India asks states to consider setting up nuclear power plants, list power utilities. : Economic Times
India’s renewable capacity reaches 203 GW, solar grows 28%: MNRE
New Delhi : India’s renewable capacity reaches 203 GW, solar grows 28%: MNRE. : Economic Times
IndiGrid, BII, Norfund form EnerGrid to invest $300 million in India’s transmission and energy storage projects
New Delhi : IndiGrid, BII, Norfund form EnerGrid to invest $300 million in India’s transmission and energy storage projects. : Economic Times
NTPC Green Energy sets price band for $1.2 bln IPO
New Delhi : NTPC Green Energy sets price band for $1.2 bln IPO. : Economic Times
Govt urges states to consider setting nuclear plants, list power utilities
New Delhi : India’s federal power minister on Tuesday asked the states that are away from coal resources to consider setting up nuclear-based power plants, besides identifying and listing of the power utilities to meet investments to support growing power demand. : Business Standard
Reliance Power posts Rs 2,878 cr profit in Q2, income dips to Rs 1,962.7 cr
New Delhi : Reliance Power has posted a consolidated net profit of Rs 2,878.15 crore in the July-September quarter of this financial year. : Business Standard
Odisha govt seeks central aid to add over 10,000 MW power storage capacity
Bhubaneswar : The state government on Tuesday urged the central government to extend financial support for developing pump storage power plants (PSPs) of 10,000 mega watt capacity and building a green energy corridor to connect renewable energy projects to the national grid. : New Indian Express
GOI should return 2 power projects to compensate losses suffered by jk people mehbooba
New Delhi : GOI should return 2 power projects to compensate losses suffered by jk people mehbooba : uniindia.com
Center will support potential sectors including hydro power: Scindia
New Delhi : Center will support potential sectors including hydro power: Scindia : arunachaltimes.in
MNRE to Organize ‘Chintan Shivir’ on 14th and 15th November at Bhubaneswar
New Delhi : The Union Ministry of New and Renewable Energy (MNRE) is organising a two-day ‘Chintan Shivir’ on 14th and 15th November 2024 at ITC, Bhubaneswar, Odisha. The event will focus on strategies to achieve the target of 500 GW by 2030 and progress toward the next goal of 1800 GW by 2047. : Sarkaritel.com
” New Delhi : The board of PFC has decided not to sanction loans to Shapoorji Pallonji Group as it does not favour takeing “high-end exposure”, PFC CMD Parminder Chopra said. The Power Finance Corporation (PFC) chairman and managing director (CMD) Parminder Chopra made the remarks in a post earnings call. ” : Economic Times
” New Delhi : State-owned REC Ltd is planning to secure another Rs 50 billion in FY25 by issuing deep-discount zero-coupon bonds, according to sources. This follows its recent Rs 50 billion fundraising on September 30 through CBDT-notified zero-coupon bonds, which offered an effective yield of 6.25% per annum. Th.. ” : Contructionworld
India saves ?12,929 cr on coal imports as domestic production rises by 5.79%
New Delhi : India saves ?12,929 cr on coal imports as domestic production rises by 5.79%. : Economic Times
India surpasses 200 GW in renewable energy capacity: Centre
New Delhi : According to the Central Electricity Authority (CEA), the total renewable energy-based electricity generation capacity now stands at 203.18 GW, as the country aims to achieve 500 GW from non-fossil sources by 2030. : ahmedabadmirror.com
India eyes small wind turbines for distributed energy access in urban areas
New Delhi : India eyes small wind turbines for distributed energy access in urban areas. : Economic Times
J-K’s hydel power potential hindered by Indus Water Treaty: CM Omar Abdullah
New Delhi : J-K’s hydel power potential hindered by Indus Water Treaty: CM Omar Abdullah. : Economic Times
Indus Water Treaty Creating Hurdles In J&K’s Potential Hydel Power Generation: CM Omar
New Delhi : Says “Indus Water Treaty Restricts J&K From Realising Its Full Hydel Potential By Only Permitting Run-Of-The-River Projects” “J&K Compelled To Rely On Power Imports From Other States, Consider Gap Funding For Implementation Of Electric Infra Works Under RDSS” : Sarkaritel.com
Kalpataru Projects bags new orders worth ?2,273 crore
New Delhi : Kalpataru Projects bags new orders worth ?2,273 crore. : Economic Times
World’s second-largest solar plant goes online in China
New Delhi : China’s CHN Energy has energized the 3 GW Mengxi Lanhai Solar Plant, the largest single-site solar power project in China and the second largest in the world. : pv-magazine.com
Saatvik Partners With MSEDCL For Supplying 250 Solar Pumps
New Delhi : Saatvik Partners With MSEDCL For Supplying 250 Solar Pumps. : saurenergy.com
Meghalaya Power minister demands additional funds from Centre for smart electric meters
New Delhi : Meghalaya Power Minister Abu Taher Mondal has demanded additional funds for installing smart electric meters in households across the state, officials said. : manoramaonline.com
” New Delhi : Power Grid Corporation of India Limited (POWERGRID) – a Maharatna CPSU under Ministry of Power, has successfully acquired four (04) Project Special Purpose Vehicles (SPVs) to execute Inter-State Transmission Projectsrelated to transmission of renewable energy.The SPVs, acquired through Tariff Based Competitive Bidding (TBCB), include ‘Khavda PS1 and 3 Transmission Limited ‘, ‘Barmer I Transmission Limited ‘,acquired from the Bid Process Coordinator PFC Consulting Limited (PFCCL) and the SPVs‘Bikaner A Power Transmission Limited’, and ‘Bikaner B Power Transmission Limited’acquired from the Bid Process Coordinator REC Power Development & Consultancy Limited (RECPDCL).” : Sarkaritel.com
Tata Power Renewable Energy commissions 126 MW floating solar project in MP
New Delhi : Tata Power Renewable Energy commissions 126 MW floating solar project in MP : Economic Times
NTPC Green targets to invest Rs 1 lakh cr in solar, wind assets by FY27
New Delhi : NTPC Green targets to invest Rs 1 lakh cr in solar, wind assets by FY27 : Economic Times
Meghalaya seeks additional funds from centre for smart meter project
New Delhi : Meghalaya seeks additional funds from centre for smart meter project : uniindia.com
No new conditions for solar rooftop scheme, TN govt tells Centre
New Delhi : No new conditions for solar rooftop scheme, TN govt tells Centre : dtnext.in
Oil and Gas
India’s crude imports at 4.5 mb/d, product exports surge 30% in September: OPEC
New Delhi : India’s crude imports at 4.5 mb/d, product exports surge 30% in September: OPEC. : Economic Times
PM Modi to launch ?4,027 cr clean fuel, infrastructure projects in Bihar
New Delhi : PM Modi to launch ?4,027 cr clean fuel, infrastructure projects in Bihar. : Economic Times
Selection For The Post Of Chairman Of HPCL Scheduled Today
New Delhi : The selection process for the Chairman and Managing Director (CMD) of Hindustan Petroleum Corporation Limited (HPCL) is set to take place on November 13, 2024, under the Public Enterprises Selection Board (PESB). : indianpsu.com
MOPNG Curtain Raiser for Bihar
New Delhi : Prime Minister will launch and dedicate to the nation various initiatives of petroleum and natural gas sector worth Rs. 4,027 crore on 13th November. These initiatives will focus on providing cleaner and sustainable fuel and production of material aligning with the government’s vision of Make in India. : psuconnect.in
India to rely on fossil fuels till 2040: Centre
New Delhi : India, the world’s No 3 oil importer and consumer, is expected to rely on fossil fuels until at least 2040 and is positioning itself as a refining hub, Oil Minister Hardeep Singh Puri told international media on Tuesday. : tribuneindia.com
” New Delhi : Rakesh Kumar Jain, Director (Finance), GAIL (India) Limited has been honoured as “Top 50 Visionary CFO in India” at the National Economic Growth Summit 2024 organised here by Bharat 24 News. Shri Jain received the honour for his exceptional leadership and contributions to GAIL’s success over the years.” : Sarkaritel.com
” New Delhi : Union oil minister, Hardeep Singh Puri, on Wednesday articulated his insights into India’s emerging global stature and evolving energy strategies, while reflecting on global economic and geopolitical shifts at the ET India Ascends event ” : Economic Times
Biofuel Blending may save 91,000 crore rupees on import bill: Petroleum Minister
New Delhi : Union Minister for Petroleum and Natural Gas Hardeep Singh Puri announced that through biofuel blending, the country could save Rs 91,000 crore on its import bill. He emphasized that these savings could be redirected to benefit the agricultural sector. This statement was made during the inauguration of the 27th Energy Technology Summit in Bengaluru. : psuconnect.in
Atul Greentech partners with HPCL to boost nationwide access to Electric Vehicles
New Delhi : Atul Greentech collaborates with Hindustan Petroleum to expand EV availability across India, utilising HPCL’s extensive LPG distribution network to bring sustainable electric three-wheelers to urban and rural consumers nationwide. : autocarpro.in
India saves ?91,000 crore through biofuel blending, aims for 20% target by 2024: Petroleum Minister Puri
New Delhi : India saves ?91,000 crore through biofuel blending, aims for 20% target by 2024: Petroleum Minister Puri. : Economic Times
” New Delhi : Mangalore Refinery and Petrochemicals Limited (MRPL) has been honored with the Special Award for Innovation by the Centre for High Technology, Ministry of Petroleum and Natural Gas, Government of India. The award was presented at the 27th Energy Technology Meet in Bengaluru, attended by key government officials and industry leaders from India’s energy sector.” : Sarkaritel.com
About 12 injured in explosion in Mathura refinery
New Delhi : About 12 injured in explosion in Mathura refinery. : Economic Times
Oil prices steady ahead of OPEC report, China stimulus limit gains
New Delhi : Oil prices steady ahead of OPEC report, China stimulus limit gains. : Economic Times
Arvindar Singh Sahney will be new chairman of IndianOil
New Delhi : Arvindar Singh Sahney will be the new chairman of Indian Oil Corporation, the nation’s largest oil firm, according to an order issued by the petroleum ministry on Wednesday. Sahney, 54, is currently Executive Director (Business Development – Petrochemicals), Indian Oil Corporation Ltd (IOC). : Economic Times
Blast at Indian Oil’s Mathura refinery injures 8; fire now under control
New Delhi : At least eight people were injured in a major explosion at Indian Oil Corporation’s (IOC) 8 million metric tonnes per annum (MTPA) refinery in Mathura late Tuesday, the refinery stated on Wednesday. : Business Standard
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On November 13
New Delhi : Petrol, Diesel Prices Today On November 13, 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
” New Delhi : India, the world’s No.3 oil importer and consumer, is expected to rely on fossil fuels until at least 2040 and is positioning itself as a refining hub, Oil Minister Hardeep Singh Puri told Reuters on Tuesday.” : Moneycontrol.com
” New Delhi : New Delhi: Donald Trump’s return to the White House will help bring more energy supplies to the global market, putting pressure on prices, benefitting India, oil minister Hardeep Singh Puri has said. ” : Economic Times
Hardeep Singh Puri urged to waive penalties of Rs 110 crore for shortfall in grain ethanol supply by DEPs in ESY 2023-24
New Delhi : The Grain Ethanol Manufacturers Association (GEMA) has written a letter to Union Minister for Petroleum and Natural Gas Hardeep Singh Puri, requesting a waiver of penalties for the shortfall in ethanol supplies during the Ethanol Supply Year (ESY) 2023-24. The association highlighted the challenges faced by Dedicated Grain Ethanol Plants (DEPs), which have struggled to meet their ethanol supply commitments to Oil Marketing Companies (OMCs) due to unexpected disruptions in feedstock availability. : Sarkaritel.com
ONGC to soon open 5 wells in KG basin to boost gas, crude output in H2FY25
New Delhi : State owned-Oil and Natural Gas Corporation (ONGC) plans to soon open five wells in the Krishna Godavari (KG) basin deepwater block. The upstream oil company is focused on raising production in the second half of FY25 (2024-25) by reducing the turnaround time for opening wells, sources said. : Business Standard
