23-Apr-2024
Power
” New Delhi : NTPC Bongaigaon committed itself towards a sustainable planet by planting 50 saplings on the World Earth Day coinciding. The NTPC Bongaigaon senior management led by K C Muraleedharan, CGM and Business Unit Head, NTPC Bongaigaon planted saplings of varied types at its plant premises.” : Sarkaritel.com
Power Secretary, Indian Ambassador inaugurate IREDA stall at India Pavilion at World Energy Congress
New Delhi : The Ministry of Power’s Secretary Pankaj Agarwal and Ambassador of India to the Netherlands Reenat Sandhu jointly inaugurated the India Pavilion at the 26th World Energy Congress (WEC) 2024 on Monday. : psuwatch.com
Tata Power-DDL appoints Gajanan Kale as new CEO
New Delhi : Tata Power-DDL appoints Gajanan Kale as new CEO. : Economic Times
THDC India aims to make Rs 12,000-crore coal-based thermal power project operational by September
New Delhi : State-owned THDC India Ltd aims to make its coal-based power plant operational by September 2024, marking an entry into the domestic thermal energy sector, a top company official said. : Economic Times
Tata Power Delhi Distribution appoints Gajanan Kale as its CEO
New Delhi : Tata Power Delhi Distribution Ltd (TPDDL) has appointed Gajanan Sampatrao Kale as its chief executive officer with effect from 19 April, the company said on Monday. Kale replaces Ganesh Srinivasan, who had been CEO since 2019. : Mint
Sterling and Wilson Renewable soars 10% as it logs profit after 12 quarters
New Delhi : Shares of Sterling and Wilson Renewable Energy (SWREL) soared 10 per cent to Rs 616.90 on the BSE in Monday’s intra-day. : Business Standard
Sterling and Wilson Renewable Energy revenue up 51% YoY
New Delhi : Sterling and Wilson Renewable Energy Ltd (SWREL), an Indian multinational renewable EPC provider, has reported consolidate revenue of INR 3,035 crore (around $364 million) in FY 2024, 51% up from INR 2,015 in FY 2023. : pv-magazine.com
Global solar PV capacity hit 1.6 TW in 2023, says IEA-PVPS
New Delhi : Global PV capacity grew to 1.6 TW in 2023, up from 1.2 TW in 2022, according to the IEA-PVPS Snapshot of Global PV Markets 2024. : pv-magazine.com
THDC aims to make Rs 12,000 crore coal-based thermal power project operational by Sept
New Delhi : THDC India Ltd aims to make its coal-based power plant operational by September 2024, marking an entry into the domestic thermal energy sector, a top company official said. : psuwatch.com
Bihar Set To Expand Its Network Of Floating Solar Plants
New Delhi : Bihar Set To Expand Its Network Of Floating Solar Plants. : saurenergy.com
Australia’s Largest Tender Expected To Add 6 GW Of Renewables
New Delhi : Australia’s Largest Tender Expected To Add 6 GW Of Renewables. : saurenergy.com
NTPC- REL Invites BOS Bids For 1110 MW Wind Project In Karnataka
New Delhi : NTPC- REL Invites BOS Bids For 1110 MW Wind Project In Karnataka. : saurenergy.com
How solar power is helping bridge the energy access gap and empowering communities
New Delhi : How solar power is helping bridge the energy access gap and empowering communities. : Economic Times
Amara Raja Group wins 700MW solar BoS project in Andhra Pradesh
New Delhi : Amara Raja Group wins 700MW solar BoS project in Andhra Pradesh. : Economic Times
Premier Energies files for IPO to raise more than INR 1,500 crore
New Delhi : Premier Energies Ltd has filed the draft red herring prospectus (DRHP) with capital markets regulator SEBI to raise more than INR 1,500 crore (around $180 million) through an initial public offering (IPO). : pv-magazine.com
Solar power generation in India hit by winter air pollution: Solargis
New Delhi : Solargis data indicates that Indian solar operators have experienced below-average PV panel performance due to air pollution in each of the past five Winters. Northern India experienced the worst air quality in decades this January with data showing a 30-50% dip in solar irradiance due to high aerosol levels. : pv-magazine.com
PM Surya Ghar: Elections Defer Timely Disbursement Of Rooftop Solar Subsidies
New Delhi : PM Surya Ghar: Elections Defer Timely Disbursement Of Rooftop Solar Subsidies. : saurenergy.com
Amara Raja Infra Wins Greenko’s 700MWp Solar Project
New Delhi : Amara Raja Infra Wins Greenko’s 700MWp Solar Project. : saurenergy.com
JinkoSolar Enters BNEF Energy Storage Tier 1 List
New Delhi : JinkoSolar Enters BNEF Energy Storage Tier 1 List. : saurenergy.com
DVC inks Memorandum of Understanding with SAIL
New Delhi : Damodar Valley Corporation (DVC) will supply additional power of 250 Mega Volt Ampere (MVA) to Bokaro Steel Limited (BSL), a unit of Steel Authority of India Limited (SAIL). : psuconnect.in
Power Ministry asks GENCOs to offer surplus power for sale in markets
New Delhi : The Ministry of Power has directed power generating companies (GENCOs) to offer surplus power up for sale in the power markets. : psuwatch.com
Oil and Gas
Reliance Industries becomes first Indian company to cross Rs 1 lakh crore threshold in pre-tax profits
New Delhi : Reliance Industries Limited (RIL) has reported gross revenues of Rs 10 lakh crore ($119.9 billion) for the year ended March 2024, up 2.6 per cent year-on-year supported by continued growth momentum in consumer businesses and upstream business. : Sarkaritel.com
ONGC plans June drilling for India’s first geothermal project in Ladakh
New Delhi : Oil and Natural Gas Corp (ONGC) is planning to mount a fresh drilling campaign in June for India’s first geothermal project after suffering a setback two years ago. If successful, the project could open a source for emission-free electricity, space heating, and irrigation in the cold and harsh terrains of Ladakh. : Economic Times
Hindustan Petroleum to set up a global oil trading desk
New Delhi : Hindustan Petroleum to set up a global oil trading desk. : Economic Times
Reliance Q4 results: Net profit declines 1.8% YoY to ?18,951 crore
New Delhi : Billionaire Mukesh Ambani-led Reliance Industries Ltd (RIL) saw net profit slip nearly 2% in the March quarter on the back of lower margins in petrochemicals business and higher tax outgo, even as its retail and telecom businesses reported steady growth. : Mint
A caution for India as Iran’s one action can shoot up oil and LNG prices
New Delhi : Oil and LNG prices are expected to increase significantly if Iran decides to block the Strait of Hormuz, through which countries such as India import crude oil from Saudi Arabia, Iraq and UAE, resulting in a surge in inflation, analysts said on the Iran-Israel conflict. : Economic Times
Amplus Solar plans to launch distributed green hydrogen projects by next year
New Delhi : Amplus Solar plans to launch distributed green hydrogen projects by next year. : Economic Times
Oil Slides as Technical Support Vies With Limited War Risks
New Delhi : Oil inched lower on limited fresh signs of escalating conflict in the Middle East, but prices hovered above monthly lows as technical support limited losses. : Mint
Oman LNG to offtake 0.8 mtpa from TotalEnergies starting 2025, launches Marsa LN G Project
New Delhi : Oman LNG to offtake 0.8 mtpa from TotalEnergies starting 2025, launches Marsa LN G Project. : Economic Times
Oil futures fall as fears of a wider Middle East war fade
New Delhi : Oil futures fell on Monday as traders focused on market fundamentals, seeing little near-term risk that the Middle East conflict would impact supply. : Mint
Oil prices down nearly 1% on growth concerns, high US inventory
New Delhi : New Delhi: International crude oil prices fell on Monday amid global growth concerns and improving crude inventory in the US. It also helped that Israel’s retaliatory attack on Iran was smaller than had been feared. : Mint
Indian refiners may need a rethink amid shrinking Russian crude discounts
New Delhi : India’s appetite may be waning for crude oil from Russia, the country’s biggest source, with discounts shrinking by 77 per cent from a record high in early 2023, and by 61 per cent from the months after the invasion of Ukraine in February, suggests exclusive data accessed by Business Standard. : Business Standard
NRL Celebrate its 32nd Foundation Day
New Delhi : Numaligarh Refinery Limited (NRL) celebrated its 32nd foundation day with immense zeal and fervour on Monday. The NRL Day function was held at Kunjakanan, NRL Township in At Numaligarh. : psuwatch.com
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On April 22
New Delhi : Petrol and Diesel Prices On April 22, 2024: Government oil companies have released new petrol and diesel prices for today i.e. 22 April 2024. Every day at 6 am, new oil rates are updated for all the cities of the country. : news18.com
