15-Nov-2024
Power
” Gurgoan, Haryana : REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power, has handed over the project specific SPV (Special Purpose Vehicle). viz, ERES-XXXIX Power Transmission Limited to Tata Power Company Limited on 14th November, 2024 at Gurugram.” : Sarkaritel.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.” : Sarkaritel.com
” New Delhi : Burra Vamsi Rama Mohan has assumed the charge of Director (Projects) of Power Grid Corporation of India Limited (POWERGRID) a Maharatna CPSE under Ministry of Power, Government of India w.e.f. 13thNovember 2024.” : Sarkaritel.com
” Mumbai : Pralhad Joshi, Union Minister of New and Renewable Energy, Consumer Affairs, Food and Public Distribution, in the presence of Shripad Yesso Naik, Minister of State for Power and New & Renewable Energy, flagged off 10 battery-operated vehicles today at the Shree Jagannath Temple in Puri.” : Sarkaritel.com
” Ahmedabad : Gautam Adani, Chairman of the Adani Group, on Wednesday announced that the Group commits a $10 billion investment in US energy security and infrastructure projects, aiming to create up to 15,000 local jobs in the country.” : Sarkaritel.com
India’s energy shift: Renewables, EVs, and smart grids set to transform sector by 2025
New Delhi : India’s energy shift: Renewables, EVs, and smart grids set to transform sector by 2025. : Economic Times
India signs MoU with IEA for cooperation on critical minerals
New Delhi : India signs MoU with IEA for cooperation on critical minerals. : Economic Times
Jakson Green, NTPC partner to produce methanol from captured CO2 at Madhya Pradesh Plant
New Delhi : Jakson Green, NTPC partner to produce methanol from captured CO2 at Madhya Pradesh Plant. : Economic Times
Union power minister reviews UP’s power sector, pushes for prepaid meters and solar shift
New Delhi : Union power minister reviews UP’s power sector, pushes for prepaid meters and solar shift. : Economic Times
Torrent Power profit dips nearly 9 pc to Rs 495 cr in Jul-Sept
New Delhi : Torrent Power profit dips nearly 9 pc to Rs 495 cr in Jul-Sept. : Economic Times
Adani Group pledges $10 billion investment in US energy security, infra projects
New Delhi : Adani Group pledges $10 billion investment in US energy security, infra projects. : Economic Times
NTPC Green Energy’s IPO to open on 19 Nov; price band set at Rs 102 to Rs 108 per equity share
New Delhi : NTPC Green Energy’s IPO to open on 19 Nov; price band set at Rs 102 to Rs 108 per equity share. : Economic Times
IPO-bound NTPC Green Energy targets investments worth ?1 lakh crore in wind, solar assets by FY27
New Delhi : IPO-bound NTPC Green Energy aims to invest up to ?1 lakh crore in solar and wind assets by FY27, a top official told news agency PTI on Wednesday, November 13. : Mint
Anil Ambani’s RPower gets SECI showcause over ‘fake bank documents’
New Delhi : Solar Energy Corporation of India (SECI) has issued a showcause notice to Anil Ambani-owned Reliance Power (RPower), seeking an explanation as to why criminal action should not be taken against the company for submitting “fake bank documents” through a bank that has no branch from which the documents originated. : Business Standard
Jakson Green completes CO2-to-methanol project for NTPC
New Delhi : Jakson Green, in collaboration with NTPC, has achieved CO2-to-methanol synthesis at NTPC’s Vindhyachal Thermal Power Plant in Madhya Pradesh, India. : pv-magazine.com
Nepal to export 40 MW of electricity to Bangladesh via India on Nov 15
Kathamandu, Nepal : Nepal is set to export 40 megawatts of electricity to Bangladesh for a single day on Friday. : psuwatch.com
RECPDCL hands over project-specific SPV to Tata Power Company Ltd
New Delhi : REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power, has handed over a project specific SPV (Special Purpose Vehicle), ERES-XXXIX Power Transmission Limited, to Tata Power Company Limited on Thursday at Gurugram. : psuwatch.com
NTPC Green plans to invest Rs 1 lakh cr in solar, wind assets by FY27
New Delhi : IPO-bound NTPC Green Energy aims to invest up to Rs 1 lakh crore in solar and wind assets by FY27, a top official said on Wednesday. According to Gurdeep Singh, the chairman and managing director, the company will require approximately Rs 20,000 crore in equity for its expansion, which represents around 20 percent of the total investment. : psuconnect.in
NLC India Plans To Go For IPO For Its Renewable Arm In FY26
New Delhi : NLC India Plans To Go For IPO For Its Renewable Arm In FY26. : saurenergy.com
Saatvik Green Energy partners with MSEDCL to supply solar pumps in Maharashtra
New Delhi : Saatvik Green Energy partners with MSEDCL to supply solar pumps in Maharashtra. : Economic Times
Tata Power Renewable Energy commissions 126 MW Omkareshwar floating solar project
New Delhi : Tata Power Renewable Energy commissions 126 MW Omkareshwar floating solar project. : Economic Times
India’s top clean energy agency weighs criminal proceedings against Reliance Power
New Delhi : India’s top clean energy agency weighs criminal proceedings against Reliance Power. : Economic Times
NCRTC begins power supply to Anand Vihar, New Ashok Nagar Namo Bharat stations
New Delhi : NCRTC begins power supply to Anand Vihar, New Ashok Nagar Namo Bharat stations. : Economic Times
Equinix signs first India PPA with CleanMax for 33 MW captive power plant
New Delhi : Equinix signs first India PPA with CleanMax for 33 MW captive power plant. : Economic Times
‘Chintan Shivir’ in Odisha to understand and develop strategies to achieve renewable energy target: Union Minister Prahlad Joshi
Bhubaneswar : ‘Chintan Shivir’ in Odisha to understand and develop strategies to achieve renewable energy target: Union Minister Prahlad Joshi. : Economic Times
Power ministry likely to roll out ?1,000 cr interest subvention scheme for energy efficiency in MSMEs
New Delhi : Power ministry likely to roll out ?1,000 cr interest subvention scheme for energy efficiency in MSMEs. : Economic Times
After Trump win, Gautam Adani announces major $10 bn investment in US energy, aims to create 15,000 jobs in America
New Delhi : Following Donald Trump’s victory, Gautam Adani, chairman of the Adani Group, announced plans to invest $10 billion in US energy and infrastructure projects. This commitment aims to enhance US energy security, create resilient infrastructure, and generate approximately 15,000 jobs. : Mint
Adani Group to invest $10 billion in US energy, infrastructure projects
New Delhi : Adani Group Chairman Gautam Adani said this week the Group will invest $10 billion in US energy security and infrastructure projects, creating up to 15,000 jobs in America. : pv-magazine.com
IREDA CSR: MNRE Minister flags off 10 battery-operated vehicles at Jagannath Temple in Puri
Mumbai : Minister for New and Renewable Energy Pralhad Joshi flagged off 10 battery-operated vehicles sponsored by Indian Renewable Energy Development Agency (IREDA) under its CSR programme at the Shree Jagannath Temple in Puri on Thursday. : psuwatch.com
V R Burra assumes Director (Projects) charge of Power Grid
New Delhi : Shri Vamsi Rama Mohan Burra has assumed the charge of Director (Projects) of Power Grid Corporation of India Limited (POWERGRID). He has over 30 years of rich experience in Power and Telecom sectors. : psuconnect.in
TPREL Commissions 126 MW Floating PV Project At Omkareshwar
New Delhi : TPREL Commissions 126 MW Floating PV Project At Omkareshwar. : saurenergy.com
SECI Issues Tender For 400 MWp Of DCR Solar Modules
New Delhi : SECI Issues Tender For 400 MWp Of DCR Solar Modules. : saurenergy.com
Power Ministry to Launch Rs 1000-Crore Scheme for Energy Efficiency in MSME Sector
New Delhi : Ministry of Power is likely to launch a Rs 1000-crore scheme for encouraging energy efficiency in micro-, small- and medium-enterprises (MSMEs), a government official, as cited in an ET report, said. Government will provide financial support in the form of interest subvention. : Outlook
Saatvik Green signs pact to supply solar water pumps in Maharashtra
New Delhi : Saatvik Green Energy has signed an agreement to supply solar water pumps in Maharashtra, a statement said on Thursday. : psuwatch.com
THDC Director (Finance) conferred with Visionary CFO of India Award
New Delhi : Sh. Sipan Kumar Garg, Director (Finance) of THDC India Limited, was conferred with the prestigious ‘Visionary CFO of India’ award at the National Economic Growth Summit 2024. : psuconnect.in
Oil and Gas
” New Delhi : GAIL (India) Limited today signed a 10-year Sales and Purchase Agreement (SPA) with ADNOC Gas for the delivery of up to 0.52 million metric tonnes per annum (MMTPA) of liquified natural gas (LNG), starting in 2026. This is the first SPA of ADNOC Gas with an Indian buyer.” : Sarkaritel.com
GPS Renewables, Oil India form JV to set up 8 compressed biogas plants
New Delhi : GPS Renewables, Oil India form JV to set up 8 compressed biogas plants. : Economic Times
ONGC Looks to cash in on Gas Pricing Tweak, KG Basin Ramp-Up
New Delhi : ONGC Looks to cash in on Gas Pricing Tweak, KG Basin Ramp-Up. : Mint
MRPL honoured for excellence in AI-driven process efficiency
New Delhi : Mangalore Refinery and Petrochemicals Limited (MRPL) has been honoured with the Special Award for Innovation by the Centre for High Technology, Union Ministry of Petroleum and Natural Gas. : Business Line
Oil prices broadly flat after falling on dollar surge
New Delhi : Oil prices broadly flat after falling on dollar surge. : Economic Times
Trump’s return will boost oil supply, cool prices, says Minister Hardeep Singh Puri
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
Govt not in a hurry to unbundle natural gas transport, marketing: Oil minister Puri
New Delhi : The government is open to the idea of unbundling natural gas transport and marketing but will tread cautiously on the matter, as this may trigger allegations of allowing a free ride to those who have not invested in building pipelines, oil minister Hardeep Singh Puri said at the ET India Ascends event on Wednesday. : Economic Times
Hardeep Singh Puri highlights India’s rise against backdrop of changing perceptions about China
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
If production, transport and insurance costs are constant, fuel will be cheaper: Oil minister Hardeep Singh Puri
New Delhi : The government is open to the idea of unbundling natural gas transport and marketing but will tread cautiously on the matter, as this may trigger allegations of allowing a free ride to those who have not invested in building pipelines, oil minister Hardeep Singh Puri said in a discussion with Pranab Dhal Samanta at the ET India Ascends event on Wednesday. : Economic Times
Gail signs 10-yr deal to buy up to 0.52 mn tonnes LNG per yr with ADNOC Gas
New Delhi : State-owned gas utility Gail (India) Ltd on Thursday said it has signed a 10-year deal to buy up to 0.52 million tonnes per annum of liquefied natural gas (LNG) from Abu Dhabi’s ADNOC Gas starting 2026. : Business Standard
Check out petrol, diesel prices in Chennai on November 14
Chennai : In Chennai, the price of petrol and diesel remains largely unchanged for the past 240 days. Accordingly, one litre of petrol costs Rs 100.90 and a litre of diesel costs Rs 92.49 in the city today. : dtnext.in
Net worth of Central PSEs shot up by 82 pc in 9 years: Hardeep Puri
New Delhi : Petroleum Minister Hardeep Singh Puri on Thursday highlighted the role of Public Sector Enterprises (PSEs) in driving India’s remarkable growth story as the country is headed to become the third largest economy in the world. : Sarkaritel.com
Oil prices edge down, forecasts for higher oil output, weak demand growth weigh
New Delhi : Oil prices edge down, forecasts for higher oil output, weak demand growth weigh. : Economic Times
Oil prices hold near 2-week low on gloomy demand outlook
New Delhi : Oil prices hold near 2-week low on gloomy demand outlook. : Economic Times
GAIL signs a 10-year LNG deal with ADNOC Gas
New Delhi : State-run GAIL has signed a 10-year agreement with UAE’s ADNOC Gas for the purchase of up to 0.52 million metric tonnes per annum (MMTPA) of liquified natural gas (LNG). : Economic Times
IEA Lifts 2024 Oil Demand Forecast But Trims 2025 Projections
New Delhi : IEA Lifts 2024 Oil Demand Forecast But Trims 2025 Projections. : Mint
Delhi HC upholds order directing GAIL to pay $7.2 mn to Jindal Saw
New Delhi : The Delhi High Court has upheld a 2002 arbitral award that asked GAIL (India) to pay $7.2 million with interests and costs to leading global manufacturer and supplier of iron & steel pipe products Saw Pipes Ltd (now Jindal Saw Ltd) in a case related to a global tender for upgradation of the gas pipeline system from Hazira to Babrala and Jagdishpur. : Economic Times
Global oil market to calm on more oil production in West, says Puri
New Delhi : India, the world’s third largest oil consuming and importing nation, is hoping that more oil production coming from the western countries like the US and Canada will calm the markets and bring stability in prices, Petroleum Minister Hardeep Singh Puri said Thursday. : Business Standard
US crude production may rise and ease prices, says Hardeep Singh Puri
New Delhi : The United States is expected to increase domestic crude oil production under the upcoming presidency of Donald Trump, potentially expanding global supply and exerting downward pressure on prices, Petroleum and Natural Gas Minister Hardeep Singh Puri said on Thursday. : Business Standard
Minister Hardeep Singh Puri Highlights India’s Economic Growth And Vision For Sustainable Energy At 12th Public Sector Enterprises Summit
New Delhi : “India is poised to become the third-largest economy in the world within the next five years and a developed nation by 2047,” stated Shri Hardeep Singh Puri, Minister of Petroleum and Natural Gas, in his address at the 12th Public Sector Enterprises (PSE) Summit, organised by Confederation of Indian Industry (CII) here today. : indianpsu.com
GAIL signs 10-year agreement with ADNOC Gas for 0.52 MMTPA LNG
Abu Dhabi : State-run GAIL (India) Limited has signed a 10-year-long deal with ADNOC Gas for the delivery of up to 0.52 million metric tonnes per annum (MMTPA) of Liquified Natural Gas (LNG). : psuwatch.com
GAIL signs 10 year agreement with ADNOC Gas
New Delhi : GAIL (India) Limited today signed a 10-year Sales and Purchase Agreement (SPA) with ADNOC Gas for the delivery of up to 0.52 million metric tonnes per annum (MMTPA) of liquified natural gas (LNG), starting in 2026. This is the first SPA of ADNOC Gas with an Indian buyer. : psuconnect.in
