01-Feb-2025 "New Delhi : This training program aimed to enhance the employability of candidates from project-affected families and unemployed youth from Cuddalore District by providing them with the skills and knowledge required to succeed in the power sector." : Sarkaritel.com Power Investment in extensive grid infra key to achieve net zero emissions by 2070: Eco Survey New Delhi : Prioritising investment in extensive grid infrastructure is crucial to achieve net zero emissions by 2070, the Economic Survey 2024-25, tabled in Parliament on Friday by Union Finance Minister Nirmala Sitharaman, suggested. : Sarkaritel.com NTPC launches carbon dioxide battery energy storage at Kudgi power station New Delhi : NTPC Limited has launched carbon dioxide battery energy storage technology at its Kudgi power station to support decarbonisation and round-the-clock power supply. : powerline.net.in/ Action plan chalked out to bring Discoms out of the red Vijaywada : Minister for Energy Gottipati Ravi Kumar held a virtual meeting with his counterparts of Tamil Naidu, Karnataka, Rajasthan, Uttar Pradesh and Gujarat, and discussed how to bail out the debt-ridden Discoms and transform them into profit-making units : New Indian Express DVC signs PPA to supply 800 MW electricity to HPPC New Delhi : The Damodar Valley Corporation (DVC) has signed a 25-year power purchase agreement (PPA) with the Haryana Power Purchase Centre (HPPC) to supply 800 MW of electricity from 2028-29. This agreement builds on DVC’s existing contract, under which it supplies 300 MW to Haryana. : Sarkaritel.com How to reboot India’s renewable energy sector New Delhi : The SEC’s chargesheet on Adani and Azure indicate that renewable energy regulation is in trouble. To rebuild investors’ trust in the sector, here is what India can do : Sarkaritel.com Engineers India Ltd and Power Grid sign MoU for various prospective projects New Delhi : Engineers India Ltd and Power Grid Corporation of India Limited (POWERGRID) inked a Memorandum of Understanding (MoU) to collaborate for various prospective projects of POWERGRID in the field of offshore wind energy, green hydrogen, energy storage, data centers, etc. : psuconnect.in CIL Invites Bids for $147 MN Loan For 300 MW Solar Project New Delhi : Coal India (CIL) has invited proposals from financial institutions for a loan of Rs 12.17 billion (~$147.05 million) to set up 300 MW ground-mounted solar power project at Gujarat Industries Power Company’s (GIPCL) solar park in Khavda, Gujarat. .. : Contructionworld India Explores Coking Coal Import from Mongolia New Delhi : The government is examining the route for the import of coking coal from Mongolia to India, a government official said. : rediff.com Jupiter International signs MoU with the Odisha Government to advance sustainable solar manufacturing New Delhi : Jupiter International, a leading manufacturer of photovoltaic solar cells and provider of solar power solutions, has signed a Memorandum of Understanding (MoU) with the Government of Odisha to establish a Photovoltaic Solar Cell and Module Manufacturing Unit in Khordha, : orissadiary.com Energy efficiency needs ?1 lakh crore investment, say experts at FEED 2025 New Delhi : Energy efficiency needs ?1 lakh crore investment, say experts at FEED 2025 : Economic Times Karnataka to add 20 GW renewable energy capacity over five years New Delhi : Karnataka to add 20 GW renewable energy capacity over five years : Economic Times India's Power Sector: Driving Towards Energy Export Leadership New Delhi : The Economic Survey 2024-25 highlights significant progress in India's power sector. Union Minister Manohar Lal emphasizes the government's commitment to providing affordable electricity to all, steering the country toward becoming a major energy exporter by 2047, in line with the vision of Viksit Bharat. : devdiscourse Economic Survey 2024-25 highlights for power and renewables sector New Delhi : The Economic Survey of India 2024-25 has highlighted a significant progress in energy generation from non-fossil fuels and renewable sources. It mentions that India’s installed power capacity reached 456.7 GW as of November 2024, reflecting a 7.2 per cent year-on-year increase. The renewable energy sector witnessed substantial growth, with capacity reaching 209.4 GW by December 2024, marking a 15.8 per cent rise, now accounting for 47 per cent of the total installed capacity. Meanwhile, as of November 2024, India’s non-fossil fuel electricity generation capacity stood at 213.7 GW, accounting for 46.8 per cent of total capacity, with a target of 50 per cent by 2030. : Sarkaritel.com SJVN Ltd and PSMRI join hands to launch Mobile Medical Unit in Arunachal New Delhi : The agreement was signed by SJVN GM (CSR) Awadhesh Prasad and PSMRI senior programme director Nitin Rathnam Rebba, in the presence of SJVN Foundation chairman Ajay Kumar Sharma, at SJVN corporate headquarters in Shimla, Himachal Pradesh. : psuconnect.in India to add 28 GW RE in 2024-2025 New Delhi : India is expected to add 25 GW to 28 GW of renewable energy capacity, mostly solar, this fiscal 2024-25, with 18.8 GW already installed in the nine months to the end of December 2024, India Ratings said. The ratings agency expects the share of renewable energy sources to reach 55% to 60% of the total power generation capacity installed by fiscal 2030 and contribute 35% to 40% to the total power generation mix, reported PV Magazine. The analysts pointed out that land acquisition, connectivity and adequate evacuation/transmission infrastructure remain critical for capacity additions. : Sarkaritel.com India Says China Dominance is A Risk to Clean Energy Transition New Delhi : India’s government flagged China’s dominance in clean energy gear as a potential risk to its low-carbon transition, advocating a more diverse global supply chain and targeted incentives. : Sarkaritel.com JSW Energy revises capex to Rs 10,000 crore in FY '25 New Delhi : JSW Energy revises capex to Rs 10,000 crore in FY '25 : Economic Times Economic Survey 2024-25 raises concerns over India’s EV imports from China New Delhi : The economic survey 2024-25, tabled in the parliament on January 31, has raised concerns over the country’s dependency on electric vehicle imports from China. This comes at a time when the government is pushing automakers towards mixed-powertrain options such as electric vehicle and flex-fuel vehicles to achieve net-zero emissions target. : Business Today Economic Survey 2024-25 highlights ‘notable progress’ in non-fossil fuel energy New Delhi : Economic Survey 2024-25 highlights ‘notable progress’ in non-fossil fuel energy .. : Economic Times No valid economic rationale for shutting down coal plants: Economic Survey New Delhi : US President Donald Trump’s catchphrase at his inauguration, ‘Drill, baby, drill!’, to boost fossil fuel production showed that the developed world continues to depend on oil and gas. India’s Economic Survey 2024-25 points towards the US and EU’s continued investment in fossil fuels and says that India has no reason to neglect coal. : Business Today Can't afford to ditch coal: Economic Survey 2024 hits India’s energy goals with a reality check New Delhi : Can't afford to ditch coal: Economic Survey 2024 hits India’s energy goals with a reality check : Economic Times NTPC: Shortlisting of candidates for next CMD yet to begin New Delhi : Indianmandarins has reliably learned that shortlisting of candidates for selection of the next CMD is yet to begin. PESB floated the vacancy on October 21, 2024 vice Gurdeep Singh who is scheduled to retire on July 31, 2025. The last date for submission of applications was November 18, 2024. : indianmandarins Eco Survey cautions against shutting down thermal energy sans alternatives New Delhi : Lessons learned from the experiences of developed economies caution against shutting down thermal energy without adequate technological alternatives that ensure a stable energy supply, the Economic Survey 2024-25 has said. On the other hand, the challenges of harnessing renewable energy at scale indicate that India will need to continue efforts to maximise the efficiency of its existing fossil fuel resources in the medium term, it has stressed. : Business Standard PM-Surya Ghar Crosses 8.5 Lakh Solar Rooftop Units As India Targets 1,800 GW Green Energy By 2047 New Delhi : PM-Surya Ghar, India’s flagship solar initiative, has crossed 8.5 lakh rooftop installations, marking significant progress towards the goal of powering 10 million households with solar energy, according to Minister of New and Renewable Energy, Pralhad Joshi. : ommcomnews.com Andhra Pradesh SIPB approves Rs 44,776-cr investment in RE, food processing New Delhi : The Andhra Pradesh State Investment Promotion Board (SIPB), chaired by Chief Minister Nara Chandrababu Naidu, approved 15 projects worth Rs 44,776 crore in its third meeting at the Secretariat on 30 January, 2025. With this, the total investment approvals under the coalition government have surpassed Rs 3.1 lakh crore, generating employment for over 3.12 lakh people. : Sarkaritel.com Civil N-energy generation may come under power ministry New Delhi : Looking to give a renewed push to nuclear energy, the government could mandate the power ministry to handle civil nuclear power generation, people aware of the development said. : Sarkaritel.com Telangana to develop hydroelectric projects in Himachal Pradesh New Delhi : Telangana has announced plans to invest in hydroelectric projects outside its state as part of its green energy push, starting with Himachal Pradesh. : Sarkaritel.com India's lower coal imports mean bad news for power emissions New Delhi : India's lower coal imports mean bad news for power emissions : Economic Times PM-Surya Ghar crosses 8.5 lakh solar rooftop units as India targets 1,800 GW green energy by 2047 New Delhi : PM-Surya Ghar crosses 8.5 lakh solar rooftop units as India targets 1,800 GW green energy by 2047 : Sarkaritel.com The Economic survey aptly reflects the robust expansion of India’s power sector, which has witnessed significant strides under our government’s initiatives: Shri Manohar Lal New Delhi : The Economic Survey 2024-25, presented in Parliament today, underscores the remarkable progress of India’s power sector, driven by transformative policy measures and sustained reforms, remarked Union Minister for Power and Housing & Urban Affairs Shri Manohar Lal . : Sarkaritel.com Economic Survey: India narrows energy supply gap to 0.1% in Dec 2024, boosts renewable capacity by 15.8% New Delhi : The Economic Survey 2024-25 has said that the gap between energy demand and supply has declined from 4.2% in FY14 to a 0.1% in December 2024. With the power sector network continuing to expand, installed capacity has been rising by 7.2% year-on-year to 456.7 GW as of November 2024. : cnbc.com SJVN to participate in TB elimination programme New Delhi : The Satluj Jal Vidyut Nigam (SJVN) has reaffirmed its dedication to India’s mission of eliminating tuberculosis (TB) by actively participating in the 100 Days TB Elimination Campaign, initiated by the Ministry of Health and... : tribuneindia.com India’s Power Generation Grows 5.4% In FY25 On Higher Demand.. New Delhi : India’s power generation went up 5.41% in April-December of the current financial year to 1,378.42 billion units, as compared with 1,307.64 billion units in the year-ago period, according to data from the Central Electricity Authority (CEA). This assumes importance given that energy consumption, esp.. : Contructionworld Renewable energy accounts for 47 per cent of India’s total installed power capacity: Economic Survey New Delhi : Renewable energy now accounts for approximately 47 per cent of India’s total installed power capacity, according to the Economic Survey for 2024-25. : New Indian Express Investment in extensive grid infra key to achieve net zero emissions by 2070: Eco Survey New Delhi : Prioritising investment in extensive grid infrastructure is crucial to achieve net zero emissions by 2070, the Economic Survey 2024-25, tabled in Parliament on Friday by Union Finance Minister Nirmala Sitharaman, suggested. : Sarkaritel.com O2 Power Backed Firm Wins CERC Relief For 350 MW Solar Project New Delhi : O2 Power Backed Firm Wins CERC Relief For 350 MW Solar Project : saurenergy.com Apraava Energy commissions 250.7 MW wind power project in Gujarat New Delhi : The project was awarded under the tranche VIII wind tender by the Solar Energy Corporation of India Limited (SECI), and consists of 120 Suzlon Limited’s wind turbine generators with a rated capacity of 2.1 MW each. The project has a 25-year power purchase agreement with SECI at a tariff of Rs 2.83 per kWh. : powerline.net.in/ This sector is India’s largest employer in renewable energy New Delhi : India's renewable energy sector is not only a key driver of clean energy but also a growing source of employment, with hydropower leading the way as the largest employer. In 2023, the sector provided over a million jobs, with hydropower alone accounting for nearly half a million. Beyond energy production, India’s renewable sector is increasingly empowering women through innovative projects, offering them economic opportunities and a pathway to financial independence. : cnbc.com India's Power Sector: A Vision for 2047 New Delhi : India's power sector is experiencing robust growth, as reflected in the Economic Survey 2024-25. The government is committed to ensuring affordable electricity for all and aims to become a major energy exporter by 2047, aligning with the vision of 'Viksit Bharat'. : devdiscourse New Net Metering rules threat to solar power investments Panaji : The move to restrict net metering for solar projects to a ma .. : Times of India What renewable energy industry expects from the Budget 2025 New Delhi : What renewable energy industry expects from the Budget 2025 : Economic Times Economic Survey 2024-25 calls for EV tax breaks, renewable energy subsidies for low-carbon lifestyles New Delhi : Tax breaks on electric vehicles and subsidies on renewable energy can motivate people to switch to low-carbon lifestyles, the pre-budget Econmic Survey 2024-25 said on Friday. : New Indian Express NTPC launches CO2 Battery Energy Storage Project on Turnkey basis New Delhi : State-owned, largest power sector NTPC Ltd, has announced the launch of CO2 battery energy storage technology, making it a significant milestone in its journey towards sustainable and innovative energy solutions. The project shall be executed on a Turnkey basis by Triveni Turbine Limited along with their technology partner Energy Dome. : psuconnect.in Oil and Gas H Shankar Recommended for CPCL Managing Director New Delhi : Public Enterprises Selection Board (PESB) Board on Friday, January 31, 2025 recommended the name of Hari Shankar for the post of Managing Director, Chennai Petroleum Corporation Limited (Schedule A), one of the leading group companies of IndianOil’s. : psuconnect.in Aviation Turbine Fuel to be subjected to GST, natural gas inclusion also likely: Puri New Delhi : According to Union Petroleum and Natural Gas Minister Hardeep Singh Puri, Aviation Turbine Fuel (ATF) would soon fall within the purview of the Goods and Services Tax (GST), the Economic Times reported. : Sarkaritel.com Shell launches $3.5 billion share buyback program New Delhi : Shell (LON:SHEL) plc announced on Thursday the launch of a $3.5 billion share buyback program, aiming to reduce its issued share capital. The buyback, which will see all repurchased shares cancelled, is set to be completed by May 2, 2025, ahead of the company's first-quarter results announcement : Sarkaritel.com Amid Trump’s calls to “drill, baby, drill,” OPEC+ meets Monday to decide how it will respond New Delhi : Amid Trump’s calls to “drill, baby, drill,” OPEC+ meets Monday to decide how it will respond : Sarkaritel.com Lower Brent prices to support margins for Indian fuel refiners: Fitch New Delhi : Lower Brent prices to support margins for Indian fuel refiners: Fitch : ANInews.com Traders offer March-delivery Russian oil to India at narrower discounts, sources say New Delhi : Traders have resumed offers of Russian crude cargoes to Indian refiners at narrower discounts after a delay triggered by recently imposed U.S. sanctions that have pushed up trading costs, Indian refining sources said on Friday. : Reuters Budget 2025: No LPG Compensation To Result In Heavy Losses For OMCs New Delhi : Analysts expect the Union Budget 2025 to address a major issue that has been hurting the profitability of oil marketing companies like Indian Oil, Bharat Petroleum Corp., and Hindustan Petroleum Corp : NDTV Profit ONGC Q3 Results: Net profit falls 17% to ?8,240 crore, dividend declared New Delhi : ONGC Q3 Results: Standalone net profit was at ?8,240 crore in October-December 2024 - the third quarter of April 2024 to March 2025 financial year - compared with ?9,892 crore in the same period a year back : Mint ONGC Q3 profit drops 17% on lower oil prices; standalone oil & gas production up New Delhi : Oil and Natural Gas Corp (ONGC) has reported a 17% decline in third-quarter profit on a drop in oil prices and higher depreciation. Profit for the October-December quarter fell to Rs 8,240 crore from Rs 9,892 crore in the year-earlier period. Revenues declined 3.1% to Rs 33,717 crore from Rs 34,788 crore. The company declared a dividend of Rs 5 per share. : Economic Times Oil imports | Caught in an oily situation New Delhi : The world may be reeling under new US president Donald Trump’s ‘one-policy-change-a-day’ regime, but it’s one of his predecessor Joe Biden’s parting shots that have shaken up oil markets. It's a new clampdown on Russian oil trade, and taking the worst hit will be the world’s biggest oil importers—China and India. India sources cheaper crude from Russia and if supplies are hit, an inflated oil import bill could hurt the margins of its refining companies. That won’t be good news for the Modi government, already battling high inflation and slow domestic growth. : India Today Engineers India Ltd receives Gas to Energy project in Latin America New Delhi : In a significant boost, PSU firm, Engineers India Ltd entered into the business of Latin America, receiving a major fillip with the Ministry of Natural Resources, Govt of Guyana (GoG) awarding the prestigious Gas to Energy (GtE) project to the Company. : psuconnect.in Russian Oil Exports To China And India Stalled By New Sanctions New Delhi : Rising shipping costs disrupt trade as U.S. sanctions intensify challenges for crude buyers. Recent challenges have emerged for Russian crude oil sales to both China and India, primarily due to soaring shipping costs spurred by new U.S. sanctions. According to reports from Reuters on January 28, the sanctions, which took effect on January 10, have significantly complicated trade routes for Russian oil, particularly affecting shipments scheduled for March delivery. : Sarkaritel.com US sanctions start to impact supplies from Russia New Delhi : The US sanctions on Russian oil sector have started to show impact on India’s near-term oil flows with state-owned Bharat Petroleum Corporation Ltd (BPCL) saying not enough cargoes are available from Russia for March 2024. : Sarkaritel.com India’s ONGC misses Q3 profit estimates as lower realisations weigh New Delhi : India’s Oil and Natural Gas Corp (ONGC) reported a third-quarter profit miss on Friday, as buoyant fuel demand failed to cushion the explorer from lower crude realisations.The state-owned firm’s standalone profit fell 17% to 82.40 billion rupees ($952 million) in the October-December period, and came far below analysts’ average expectation of 179.31 billion rupees. : Financial Express India's ONGC misses Q3 profit estimates as lower realisations weigh New Delhi : India's Oil and Natural Gas Corp (ONGC) (ONGC.NS), opens new tab reported a third-quarter profit miss on Friday, as buoyant fuel demand failed to cushion the explorer from lower crude realisations. The state-owned firm's standalone profit fell 17% to 82.40 billion rupees ($952 million) in the October-December period, and came far below analysts' average expectation of 179.31 billion rupees. : Reuters Lower Brent prices to support margins for Indian fuel refiners: Fitch New Delhi : Lower Brent prices to support margins for Indian fuel refiners: Fitch : tribuneindia.com OMCs likely to register softer refining margins in Q4FY25 New Delhi : OMCs likely to register softer refining margins in Q4FY25 : Financial Express Trump announces tariffs on Canada and Mexico starting Saturday, weighing oil tax decision New Delhi : President Donald Trump said his 25% tariffs on Canada and Mexico are coming on Saturday, but he’s still considering whether to include oil from those countries as part of his import taxes. : New Indian Express BPCL Honored with the Prestigious Rasayan Udyog Maharatna Award New Delhi : Bharat Petroleum Corporation Ltd has been recognized with the Rasayan Udyog Maharatna Award at the Century of Chemistry event, organized by the Indian Chemical Society (ICS) to celebrate 100 years of excellence in chemical sciences. : psuconnect.in Engineers India Ltd and Power Grid sign MoU for various prospective projects New Delhi : Engineers India Ltd and Power Grid Corporation of India Limited (POWERGRID) inked a Memorandum of Understanding (MoU) to collaborate for various prospective projects of POWERGRID in the field of offshore wind energy, green hydrogen, energy storage, data centers, etc. : psuconnect.in Maharashtra’s Plan To Ban Petrol & Diesel Vehicles: Is It Practical? New Delhi : The Maharashtra government has formed a seven-member panel to explore banning petrol and diesel vehicles in the Mumbai Metropolitan Region (MMR), following a Bombay High Court directive. The panel, led by retired IAS officer Sudhir Kumar Shrivastava, will submit a report in three months assessing the feasibility of restricting conventional fuel vehicles and promoting CNG and electric alternatives. : Sarkaritel.com Indian Oil Firms to See EBITDA Rise Amid Falling Brent Prices New Delhi : Fitch Ratings projects a rise in EBITDA for Indian oil companies in 2025-26 as steady demand coincides with declining Brent crude prices. Refining margins will benefit from lower prices, strong demand, and gradual growth in capacity. Brent prices are expected to fall to USD 70 by 2025. : devdiscourse ONGC declares Q3 FY25 Results: Posts Net Profit of Rs 8,240 Crore New Delhi : The standalone crude oil production (excluding condensate) during Q3 FY 25 was 4.653 MMT, registering a growth of 2.2% over corresponding quarter of FY 24. : Sarkaritel.com BPCL and Refroid Technologies Launch India’s First Indigenous Liquid Coolant for AI-Driven Data Centers New Delhi : BPCL and Refroid Technologies Launch India’s First Indigenous Liquid Coolant for AI-Driven Data Centers : Sarkaritel.com Mangalore Refinery faces ?7.38 cr CGST recovery demand from tax authorities New Delhi : Mangalore Refinery faces ?7.38 cr CGST recovery demand from tax authorities : Sarkaritel.com SIPB clears Rs 44,776 crore investments New Delhi : Along with these investment proposals, projects of ArcelorMittal, NTPC, HPCL and BPCL have already got clearance. Projects like ArcelorMittal Steel (Rs 1.36 lakh crore investment) and BPCL (Rs 96,000 crore investment) are set to be grounded within the next three months. : New Indian Express @ONGC_ Q3 FY25 : Net Profit of ? 8,240 cr, declares 2nd interim #dividend of ? 5.00 per share New Delhi : Profit for the October-December quarter stood at Rs 8,240 crore from Rs 9,892 crore in the year-earlier period. Revenues were 3.1% to Rs 33,717 cr from Rs 34,788 cr. The company declared a dividend of Rs 5 per share. With focus to enhance operational efficiency, ONGC has been able to maintain the increasing trend in crude oil production for two consecutive quarters. The standalone crude oil production (excluding condensate) during Q3 FY 25 was 4.653 MMT, registering a growth of 2.2% over corresponding quarter of FY 24. Similarly, the standalone crude oil production during 9M FY25 was 13.858 MMT with an increase of 1.2% over 9M FY24. In Dec 2024, the growth in standalone crude oil production was 5.4% over Dec 2023. : Sarkaritel.com Oil India forms wholly-owned subsidiary for green energy business New Delhi : State-run Oil India Limited (OIL) has incorporated a wholly-owned subsidiary company, OIL Green Energy Limited, for pursuing renewable and non-conventional energy business. In a regulatory filing to the stock exchanges on Friday, OIL said, "... we would like to inform that "OlL GREEN ENERGY LIMITED" has been incorporated on 31 .01.2025 as a Wholly Owned Subsidiary of Oil lndia Limited." : psuwatch.com IES Officer Meenaxi Rawat Assigned Additional Charge as CVO of GAIL (India) Limited New Delhi : The Union Government has assigned Ms. Meenaxi Rawat, a 1993-batch Indian Economic Service (IES) officer, the additional charge of Chief Vigilance Officer (CVO) at GAIL (India) Limited. She currently serves as the CVO of Bharat Petroleum Corporation Limited (BPCL), Mumbai, and holds the rank of Additional Secretary in the Government of India. : indianmandarins Budget 2025 | Roadmap for inclusion of natural gas under GST expected on Feb 1, says IGL head KK Chatiwal New Delhi : Despite the long-standing demand of the oil and gas industry, petroleum products including petrol, diesel, natural gas and aviation turbine fuel (ATF) have not been included under GST, on account of opposition from the state governments. : Moneycontrol.com Trump's executive order shakes offshore wind industry as oil giant Shell backs out of New Jersey project New Delhi : Oil giant Shell exits a $1 billion New Jersey offshore wind project amid Trump's restrictions on renewable energy, citing market challenges and uncertainty. Offshore wind opponents celebrate, while clean energy advocates warn of setbacks. : India Today
