08-Apr-2024
Power
” 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 & a leading NBFC, handed over its project specific SPV (Special Purpose Vehicle) – Meerut Shamli Power Transmission Limited formed for “Construction of Meerut (765 kV) – Shamli 400 kV D/C Line” in the state of Uttar Pradesh to M/s Megha Engineering & Infrastructures Limited. ” : Sarkaritel.com
NTPC Sets Target of 40 MMT Coal Production from Captive Mines in FY25
New Delhi : NTPC, India’s leading integrated power company, has set a target of 40 Million Metric Tons (MMT) of coal production from its captive mines for the fiscal FY’25. The ambitious target will help NTPC achieve significant growth of 17% of captive coal production compared to the previous fiscal. : Sarkaritel.com
RECPDCL Hands Over Meerut Shamli Power Transmission SPV To Megha Engineering & Infrastructures Limited
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 & a leading NBFC, handed over its project specific SPV (Special Purpose Vehicle) – Meerut Shamli Power Transmission Limited formed for “Construction of Meerut (765 kV) – Shamli 400 kV D/C Line” in the state of Uttar Pradesh to M/s Megha Engineering & Infrastructures Limited. : orissadiary.com
JSW Energy raises Rs 5,000 crore by selling shares to investors, including ADIA
New Delhi : JSW Energy raises Rs 5,000 crore by selling shares to investors, including ADIA. : Economic Times
India’s hydropower capacity to increase from current 42GW to 67GW by 2031-32
New Delhi : India’s hydropower capacity to increase from current 42GW to 67GW by 2031-32. : Economic Times
NTPC targets 40 MT coal production
New Delhi : State-owned NTPC Ltd has set a target of 40 million tonnes coal production from its captive mines for the ongoing financial year, up 17% from FY24. : Economic Times
AGEL to invest ?1.5 trillion in developing world’s largest RE park in Khavda
New Delhi : Adani Green Energy Ltd plans to invest about ?1.5 trillion through 2030 to develop the world’s largest renewable energy plant with 30-gigawatt capacity at the Khavda renewable energy park in Gujarat, the company’s honcho Vneet Jaain said at a media interaction on Saturday. : Mint
Adani to invest Rs 2.3 trillion in renewable energy, manufacturing capacity
New Delhi : Adani Group will invest about Rs 2.3 trillion through 2030 in India’s most ambitious renewable energy expansion and solar and wind manufacturing capacity addition ever as it shrugs off a short-seller attack to pursue its trademark rapid growth plans. : Business Standard
RECPDCL HANDS OVER MEERUT SHAMLI POWER TRANSMISSION SPV TO MEGHA ENGINEERING & INFRASTRUCTURES 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 & a leading NBFC. : globalgreenews.com
Govt forms panel for monitoring progress of under-implementation thermal power projects
New Delhi : The Ministry of Power has formed an independent panel — a Thermal Project Monitoring Group (TPMG) — headed by the Member (Thermal) of the Central Electricity Authority (CEA) for assessing the progress of under-implementation thermal power projects of both public and private sector. : psuwatch.com
Hydroelectric power projects, aggregate capacity of 15 GW under construction
New Delhi : Hydro capacity to increase from 42 GW today to 67 GW by 2031-32, marking an increase of more than 50 percent. Good monsoon in FY 2024-25 as per IMD prediction to contribute to improvement in water reservoir levels. : psuconnect.in
Fire broke out at NTPC Talcher Kaniha, no injuries found
Bhubaneswar : A fire broke out at NTPC’s Kaniha plant in Odisha’s Angul district on Saturday, according to fire service officials. : psuconnect.in
REC transfers Meerut Shamli Power Transmission SPV to Megha Engineering
New Delhi : REC Limited, a Maharatna company under the administrative control of the Ministry of Power, announced on April 6 in a communication to the stock exchanges, the transfer at par value along with all its assets and liabilities of Special Purpose Vehicle (SPV) held by its subsidiary, REC Power Development & Consultancy Limited (RECPDCL) to Meerut Shamli Power Transmission Limited. : Moneycontrol.com
NTPC Darlipali Thermal Power Station in Odisha to use drones for pipeline inspection
New Delhi : NTPC Darlipali Thermal Power Station in Odisha to use drones for pipeline inspection. : Economic Times
Power Minister RK Singh warns of debt trap for using borrowed money to provide free electricity
New Delhi : Power Minister RK Singh has warned of a debt trap for states like Punjab using borrowed money to provide free electricity, saying such populist schemes are fine only if a state has finances. : Economic Times
Adani begins commercial output of wafers and ingots for solar power
New Delhi : Adani Group has begun commercial production of wafer and ingots used for making solar power cells and modules at its factory in Gujarat and aims to make polysilicon in 2027/28 to become India’s first integrated renewable energy player, a senior company official said. : Mint
Singh warns of debt trap for using borrowed money to give free electricity
New Delhi : Power Minister RK Singh has warned of a debt trap for states like Punjab using borrowed money to provide free electricity, saying such populist schemes are fine only if a state has finances. : Business Standard
RECPDCL Hands Over SPVs To Maharashtra And Uttar Pradesh
New Delhi : REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited – a Maharatna Central Public Sector Enterprise under the Ministry of Power and leading NBFC – has handed over two project-specific Special Purpose Vehicles (SPVs) formed for implementation of two power transmission projects. : indianpsu.com
RECPDCL hands over Kallam Transco Limited SPV to Indigrid & Jalpura Khurja Power Transmission Limited SPV to Tata Power
Gurgoan, Haryana : REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited — a Maharatna CPSU under the Ministry of Power & a leading NBFC, handed over two project. : psuconnect.in
Oil and Gas
” New Delhi : Coastal Karnataka based GOI enterprise, Mangalore Refinery and Petrochemicals Limited (MRPL) has touched a significant milestone in its retail footprint expansion by commissioning its 100th HiQ retail outlet. Located in Yeliyur of Sira, Tumkur District in f Karnataka it is incidentally named “Century Fuel Services”.” : Sarkaritel.com
MRPL marks milestone with 100th HiQ retail outlet
New Delhi : Coastal Karnataka-based government of India enterprise, Mangalore Refinery and Petrochemicals Limited (MRPL) has touched a significant milestone in its retail footprint expansion by commissioning its 100th HiQ retail outlet. : daijiworld.com
MRPL commissions its 100th HiQ retail outlet at Yeliyur
New Delhi : Mangalore Refinery and Petrochemicals Limited (MRPL), a Union government undertaking, commissioned its 100th HiQ (high quality) retail outlet at Yeliyur of Sira in Tumakuru district on Sunday. : Hindu
OMCs to post strong earnings in Q4; concern over Q1
New Delhi : State-owned oil marketing companies (OMCs) are expected to show improvement in EBITDA and net profits in the last quarter of the financial year 2023-24 on a sequential basis, analysts say. : Financial Express
RBI sees price of India’s crude oil imports at $85 a barrel in 2024-25
Mumbai : The RBI expects the price of the Indian basket of crude oil imports to be around $85 per barrel going ahead amid geopolitical tensions which have “imparted significant uncertainty” to the outlook. : daijiworld.com
Oil holds above $90 on fears of Middle East tensions escalating
New Delhi : Oil holds above $90 on fears of Middle East tensions escalating. : Economic Times
India’s diesel exports to Asia down 63% in March
New Delhi : India’s diesel exports to Asia slumped 63% month-on-month in March as increased competition from Chinese and South Korean suppliers eroded margins. : Economic Times
ONGC posts job vacancy for Director (T&FS); apply before May 2
New Delhi : ONGC Recruitment 2024: The Maharatna oil PSU, Oil and Natural Gas Corporation Limited (ONGC) has released a job notification for the engagement of Director (Technology & Field Services). Eligible and interested candidates can apply for the job before May 2. : psuwatch.com
BPCL and IIT-Delhi signed MoU to work together on sustainable solutions
New Delhi : To address climate change, it is crucial to shift towards a circular economy where resources are used efficiently. : psuconnect.in
Oil prices climb more than $1 per barrel on supply risk
New Delhi : The Brent and U.S. West Texas Intermediate crude oil benchmarks rose more than $1 a barrel during trade on Friday as markets watched for signs of any direct conflict between Israel and Iran that could further tighten supplies. : Reuters
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On April 07
New Delhi : Petrol, Diesel Prices Today On April 07, 2024: Every morning at 6 am, oil marketing companies (OMCs) reveal the prices of petrol and diesel, regardless of their stability. This consistent process, overseen by OMCs, entails adjusting prices according to changes in global crude oil prices and foreign exchange rates. : news18.com
