10-Apr-2023
Power
REC LIMITED ISSUES GREEN BONDS OF USD 750 MILLION OF 5-YEAR TENOR
New Delhi : REC Limited, a Maharatna CPSE under the Ministry of Power, announced that it has successfully raised USD 750 million through 5-year 144A/ RegS Green Bonds under its Global Medium-Term Programme of USD 7 billion. : Sarkaritel.com
NTPC coal output rises 65 pc to 23 million tonnes
New Delhi : State-owned power giant NTPC on Sunday said its captive coal mines have registered 65 per cent year-on-year production growth to over 23 million tonnes in FY23. NTPC Ltd has recorded a coal production of 23.2 million tonnes in FY23. : Economic Times
Coal India to start generating 400 MW solar power in current fiscal
New Delhi : Coal India to start generating 400 MW solar power in current fiscal. : Economic Times
REC raises $750 mn via green bonds
New Delhi : State-owned non-banking finance firm REC Ltd on Saturday said it has raised $750 million through issuance of green bonds. : Mint
Swayamsidha Ladies Club inaugurated Bamboo Craft Training program at NTPC Dulanga
New Delhi : On 07.04.2023 Regional Executive Director ( Coal Mining) Shri Partha Mazumder visited NTPC Dulanga. On his arrival, he was welcomed by Shri Neeraj Jalota, Head of Project, NTPC Dulanga. : psuconnect.in
NTPC’s captive coal mines witness 65% YoY growth, records over 23 million tonnes production in FY23
New Delhi : NTPC Ltd, India’s largest integrated power generator has recorded a coal production of 23.2 million tonnes in FY23, witnessing a 65% YoY growth against its previous fiscal production of 14.02 million tonnes from its four operational coal mines, namely NTPC Pakri-Barwadih (Jharkhand), NTPC Chatti Bariatu (Jharkhand), NTPC Dulanga (Odisha), and NTPC Talaipalli (Chhattisgarh). : Sarkaritel.com
REC Limited to Issue of USD 750 Million, 5.625% Green Bonds
New Delhi : REC Limited, a subsidiary of Power Finance Corporation Limited informed that the company under its USD 7 billion Global Medium Term Note Programme, has priced and issued US$ 750,000,000, 5.625% Green Bonds on April 3, 2023. : psuconnect.in
Adani Power begins power supply to Bangladesh
New Delhi : Adani Power Limited (APL), the largest private thermal power producer in India, has commissioned its first 800 MW ultra-super-critical thermal power generation unit at Godda in the Jharkhand district and begun supplying 748 MW of power to neighbouring Bangladesh, the company said today. : Economic Times
Punjab paid back entire Rs 20,200 cr electricity subsidy for FY 22-23: Bhagwant Mann
Chandigarh : Punjab paid back entire Rs 20,200 cr electricity subsidy for FY 22-23: Bhagwant Mann. : Economic Times
India’s coal production in March 2023 increases by 12 per cent
New Delhi : India’s coal production in March 2023 increases by 12 per cent. : Economic Times
Adani’s Godda plant starts power supply to Bangladesh
New Delhi : Adani Power Ltd has announced the commissioning of its first 800 MW ultra-super-critical thermal power generation unit at Godda in the Jharkhand district of India and begins supplying Bangladesh with 748 MW of power. : Mint
Punjab govt offices to operate from 7:30am to 2pm from 2 May to save electricity
Chandigarh : Punjab Chief Minister Bhagwant Mann on Saturday announced that starting from 2 May, all government offices in the state will operate from 7:30am till 2pm. “I will also reach my office at 7.30 am,” the Punjab CM said. : Mint
Adani’s Godda plant starts power supply to Bangladesh
New Delhi : Adani Power Ltd has announced the commissioning of its first 800 MW ultra-super-critical thermal power generation unit at Godda in the Jharkhand district of India and begins supplying Bangladesh with 748 MW of power. : Mint
Sh. Nand Lal Sharma, CMD, SJVN inaugurated Drishti Conclave-III
New Delhi : Sh. Nand Lal Sharma, Chairman & Managing Director, SJVN inaugurated 3rd Conclave that is being organized under the DRISHTI initiative at Kufri, Shimla. : psuconnect.in
Over 84% domestic consumers apply for Delhi’s new power subsidy scheme. Details
New Delhi : Over 84 percent of the 58.71 lakh eligible domestic consumers in Delhi have opted for government’s power subsidy scheme till the first week of April, news agency PTI has reported citing officials. : Mint
Nuclear sources to cater nearly 9% of India’s electricity demand by 2047: Jitendra Singh
New Delhi : Union minister of state (Independent Charge) for atomic energy and space Jitendra Singh on Sunday said that nearly 9% share of electricity is likely to be contributed from India’s nuclear sources by 2047. : Mint
Avaada Energy bagged 421 MW solar project from DVC
New Delhi : Mumabi based greem energy developer, Avaada Energy on Frday bagged a solar project from the government-owned power generator, Damodar Valley Corpopration. The 421 MW solar projet was awarded through a competitive bidding followed by an e-reverse auction. : psuconnect.in
Power Minister urges states to take timely action on vacant positions in State Electricity Regulatory Commissions
New Delhi : Section 82 of the Electricity Act, 2003 empowers State Government to appoint Chairpersons and Members of State Electricity Regulatory Commission (SERC). The details of the State-wise vacancy position in SERCs as provided by Forum of Regulators (FoR) is at Annexure. : psuconnect.in
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Oil and Gas
GAIL Gas Limited passed the benefit of lower domestic gas pricing to its customers
New Delhi : GAIL Gas Limited is also steering its pricing mechanism in line with the Government of India’s guideline to pass on new domestic gas pricing benefits to its customers and has announced a substantial reduction in prices with effect from 9th April 2023. : Sarkaritel.com
ONGC Tripura Asset posts high ever natural gas production
New Delhi : ONGC Tripura Asset posts high ever natural gas production. : Economic Times
GAIL Gas cuts CNG, PNG prices after IGL, MGL; check revised prices here
New Delhi : GAIL Gas Ltd, the city gas arm of the nation’s largest gas firm GAIL (India) Ltd, announced a reduction of up to ₹7 in the prices of CNG and piped cooking gas. : Mint
GAIL Recruitment 2023: Posts 120 jobs, Application closing soon, Apply Now
New Delhi : India’s Central Public Undertaking, Gas Authority of India (GAIL) invites applications for various 120 posts under Senior and Junior Associates. According to the offical notification by the PSU which was releaesd in March 4, 2023 the application process started on March 10, 2023. : psuconnect.in
GAIL slashes CNG, PNG prices
New Delhi : GAIL Gas Ltd, on Sunday, announced a reduction in the prices of CNG and piped cooking gas by up to Rs 7, following a reduction in input gas price. : Economic Times
New Gas Pricing Formula: CNG, piped gas prices to be cut but no clarity on deregulation
New Delhi : New Gas Pricing Formula: CNG, piped gas prices to be cut but no clarity on deregulation. : Economic Times
CNG, piped cooking gas price cut by up to Rs 6 in Delhi, first reduction in 2 yrs
New Delhi : CNG, piped cooking gas price cut by up to Rs 6 in Delhi, first reduction in 2 yrs. : Economic Times
What do Opec+ production cuts mean for India?
New Delhi : Last week, Opec+ countries announced a voluntary oil production cut by 1.16 million barrels per day (bpd). Reduced global oil supplies can impact the economy of India, which is dependent on oil imports for approx. 85% of its energy needs. : Mint
Russian oil & Opec effect: Outcome of buying Urals oil above cap are severe
New Delhi : Over the past year, cheap Russian crude has proved to be a Sanjeevini, a wonder herb, for Indian refiners, which, on one hand, were hemmed in by directions to keep pump prices flat, and, on the other, faced surging crude levels. : Business Standard
MGL slashes CNG price by Rs 8/kg, PNG by Rs 5/scm in Mumbai
New Delhi : MGL slashes CNG price by Rs 8/kg, PNG by Rs 5/scm in Mumbai. : Economic Times
Torrent Gas slashes CNG price up to Rs 8.25 per kg, PNG by Rs 5
New Delhi : Torrent Gas slashes CNG price up to Rs 8.25 per kg, PNG by Rs 5. : Economic Times
India’s Russian oil imports now double of Iraq
New Delhi : India’s imports of crude oil from Russia touched a new high of 1.64 million barrels per day in March and is now double of the purchases from Iraq – the nation’s traditional top oil supplier. : Economic Times
Adani Total Gas cuts CNG price by Rs 8.13, PNG price by Rs 5.06
New Delhi : Adani Total Gas cuts CNG price by Rs 8.13, PNG price by Rs 5.06. : Economic Times
Gas price for Apr at $7.92 but price for ONGC/OIL capped at $6.5: Govt order
New Delhi : Gas price for Apr at $7.92 but price for ONGC/OIL capped at $6.5: Govt order. : Economic Times
Consumer prices of gas tumble as utilities slash PNG and CNG prices
New Delhi : Just a day after the Centre officially notified lower domestic natural gas prices, gas utilities across the country announced the reduction of both piped natural gas (PNG), used for cooking, and compressed natural gas (CNG), used as an auto fuel. : Business Standard
ONGC increases stake in Mangalore SEZ to 49%
New Delhi : State-owned Oil and Natural Gas Corporation (ONGC) on Saturday said that it has bought 11,520,000 shares of Mangalore SEZ Limited from IL&FS. : Mint
Afer Cabinet’s effective decision IGL reduces CNG & PNG prices
New Delhi : Indraprastha Gas Limited (IGL) is a company based in New Delhi, India, that primarily deals in the distribution of natural gas. The company was established in 1998 and is a joint venture between GAIL (India) Ltd., Bharat Petroleum Corporation Limited (BPCL), and the Government of the National Capital Territory of Delhi. : psuconnect.in
CNG, PNG prices drop, which oil and gas stocks to buy?
New Delhi : After the government passed on several key recommendations of Kirit Parikh’s committee, major oil and gas companies have started to trim their natural gas such as CNG and PNG prices. The latest to do so would be Gail (India) following Indraprastha Gas, Mahanagar Gas, and Adani Total Gas. : Mint
