18-Apr-2024
Power
NTPC green to file DRHP by July, aims for listing by November
New Delhi : NTPC green to file DRHP by July, aims for listing by November. : Economic Times
Power Grid Corp board approves plan to raise Rs 12,000 cr via bonds
New Delhi : State-owned Power Grid Corporation of India board on Wednesday approved a proposal to raise up to Rs 12,000 through the issuance of bonds in one or more tranches in 2024-25. : Business Standard
Hinduja arm asks NCLT to junk BHEL insolvency plea
New Delhi : Hinduja National Power Corporation Ltd (HNPCL) on Tuesday requested the National Company Law Tribunal that the insolvency petition filed by public sector undertaking Bharat Heavy Electricals Ltd against it be dismissed given that the PSU had not completed the project as per the contract. : Economic Times
Power Grid board approves plan to raise Rs 12000 crore via bonds
New Delhi : State-owned Power Grid Corporation of India board on Wednesday approved a proposal to raise up to Rs 12,000 through the issuance of bonds in one or more tranches in FY 2024-25. : psuwatch.com
Apple, CleanMax join hands to boost renewable energy adoption in India
New Delhi : Renewable energy company CleanMax on Wednesday said that it has partnered with Apple to accelerate renewable energy adoption in India. : Sarkaritel.com
Juniper Green Energy commissions 25.2 MW wind energy capacity of 70 MW project
New Delhi : Juniper Green Energy commissions 25.2 MW wind energy capacity of 70 MW project. : Economic Times
Coal India’s capex rises 6.5 per cent to Rs 19,840 crore in FY24
New Delhi : Coal India’s capex rises 6.5 per cent to Rs 19,840 crore in FY24. : Economic Times
Scaling up transmission, hydro policy in power ministry’s 100-day plan
New Delhi : The power ministry is likely to focus on augmenting transmission lines, finalising the hydro policy, viability gap funding for battery storage systems and boosting pumped hydro storage projects in the first 100 days of the new government. : Economic Times
India’s power consumption rises nearly 10 pc to 70.66 bn units in first half of April
New Delhi : India’s power consumption grew nearly 10 per cent year-on-year to 70.66 billion units (BU) in the first half of April this year, showing improvement in economic activities and consumption patterns, according to the power ministry data. : Economic Times
Premier Energies secures 140 MW PV modules supply order for solar project in Bangladesh
New Delhi : Premier Energies Photovoltaic, a wholly owned subsidiary of Premier Energies, has secured a 140 MW PV modules supply order from Amara Raja Infra for a solar project in Bangladesh. Amara Raja Infra is executing the project on an EPC basis. : pv-magazine.com
Juniper Commission’s 70 MW Maiden Wind Project In Gujarat
New Delhi : Juniper Commission’s 70 MW Maiden Wind Project In Gujarat. : saurenergy.com
2023 was a record year for wind installations as world ramps up clean energy, report says
New Delhi : 2023 was a record year for wind installations as world ramps up clean energy, report says. : Economic Times
How round-the-clock renewable energy is helping power India’s economic growth and energy transition
New Delhi : How round-the-clock renewable energy is helping power India’s economic growth and energy transition. : Economic Times
Green push: Apple enters rooftop solar JV to power its India operations
New Delhi : Tech giant Apple on Wednesday announced its collaboration with Mumbai-based solar energy solutions provider, CleanMax, to invest in six rooftop solar projects in India. However, it did not specify the capital outlay for the projects. : Mint
Apple, Cleanmax form renewable energy JV to deploy solar solutions in India
New Delhi : iPhone maker Apple has formed a joint venture with renewable energy firm Cleanmax to deploy solar solutions in India. : Business Standard
Avaada Energy wins 250 MW solar-wind hybrid project in NTPC auction
New Delhi : Avaada Energy, an arm of Avaada Group, announced this week that it has won a 250 MW solar-wind hybrid power project in a 1 GW tender issued by NTPC. : pv-magazine.com
India’s power consumption rises nearly 10% to 70.66 bn units in first half of April
New Delhi : India’s power consumption grew nearly 10 percent year-on-year to 70.66 billion units (BU) in the first half of April this year, showing improvement in economic activities and consumption patterns, according to the power ministry data. : psuwatch.com
IREDA CMD shares insights at ‘World Future Energy Summit 2024’
New Delhi : Indian Renewable Energy Development Agency Limited (IREDA) has inaugurated an office in GIFT City, Gandhinagar, specializing in the provision of Foreign Currency-denominated debt options. : psuwatch.com
IREDA’s Strategic Move: GIFT City Office to Boost Green Hydrogen and RE Manufacturing Projects
New Delhi : Indian Renewable Energy Development Agency Ltd. (IREDA) has inaugurated an office in GIFT City, Gandhinagar, specializing in the provision of Foreign Currency-denominated debt options which will significantly reduce the financing costs. : psuconnect.in
MNRE releases draft guidelines for residential rooftop solar subsidy scheme
New Delhi : The Ministry of New and Renewable Energy has released the draft guidelines for PM Surya Ghar: Muft Bijli Yojana which is aimed at installing rooftop solar (RTS) plants in one crore (10 million) households with subsidy (central financial assistance) support from the central government. : pv-magazine.com
Power consumption rises nearly 10% to 70.66 bn units in first half of April
New Delhi : India’s power consumption grew nearly 10 per cent year-on-year to 70.66 billion units (BU) in the first half of April this year, showing improvement in economic activities and consumption patterns, according to the power ministry data. : Business Standard
Oil and Gas
Bharat Petroleum to layout ATF pipeline linking Noida International Airport
New Delhi : Bharat Petroleum Corporation is set to lay a 35-km dedicated aviation turbine fuel (ATF) pipeline from its Piyala Terminal to the tank farm at the airport in Noida International Aiport (NIAL), Jewar in Uttar Pradesh. : psuconnect.in
Fuel prices seen stable for now, inflation in check
New Delhi : Fuel prices seen stable for now, inflation in check. : Economic Times
Oil will keep drawing strength from Middle East geopolitics, OPEC+ strategy for now
New Delhi : Oil will keep drawing strength from Middle East geopolitics, OPEC+ strategy for now. : Economic Times
Oil trades near one-month low over demand concerns despite Iran-Israel war; Brent at $89/bbl
New Delhi : Oil prices slipped more than $1 on Wednesday, April 17, as US commercial inventories rose, while weaker economic data from China and dampened prospects of interest rate cuts stoked worries about the global demand. : Mint
Essar Energy Transition appoints Rob Wallace as CEO of EET Hydrogen Power
New Delhi : EET Fuels on Wednesday announced the appointment of Rob Wallace as chief executive officer of EET Hydrogen Power, EET’s planned hydrogen-ready combined heat and power plant (CHP) at its Stanlow refinery in the UK. : Business Standard
Crude oil import bill drops 16% but import dependency hits new peak
New Delhi : India’s crude oil import dropped 16 per cent in the fiscal year ended March 31 as lower international rates but the dependency on overseas suppliers rose to a new high, official data showed. : Business Standard
IREDA’s Strategic Move: GIFT City Office to Boost Green Hydrogen and RE Manufacturing Projects
New Delhi : Indian Renewable Energy Development Agency Ltd. (IREDA) has inaugurated an office in GIFT City, Gandhinagar, specializing in the provision of Foreign Currency-denominated debt options which will significantly reduce the financing costs. : psuconnect.in
Petrol sales up 7 per cent, diesel declines 9.5 per cent in April
New Delhi : Petrol sales up 7 per cent, diesel declines 9.5 per cent in April. : Economic Times
India’s crude oil import bill drops 16% but import dependency hits new high
New Delhi : India’s crude oil import dropped 16 per cent in the fiscal year ended March 31 as lower international rates but the dependency on overseas suppliers rose to a new high, official data showed. : Economic Times
India’s crude oil import bill drops 16% in FY24, import dependence soars to 87%
New Delhi : India’s crude oil import dropped 16 per cent in the fiscal year ended March 31 as lower international rates but the dependency on overseas suppliers rose to a new high, official data showed. : Mint
Crude oil import bill shrank 15.9% in FY24, thanks to Russia shipments
New Delhi : Discounts on a steady stream of Russian crude have led to India’s crude oil import bill shrinking by 15.9 per cent to $132.4 billion in FY24 (2023-24), down from $157.5 billion in the previous year, even as import volumes remained the same. : Business Standard
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On April 17
New Delhi : Petrol and Diesel Prices On April 17, 2024: Government oil companies have released new prices of petrol and diesel today i.e. on 17th April. Fresh prices of petrol and diesel are released every day at 6 am in the country. : news18.com
