24-Apr-2024

Power

” New Delhi : Shri Pankaj Agarwal, Secretary, Ministry of Power, GoI and Mrs. Reenat Sandhu, Ambassador of India to the Netherlands, inaugurated the India Pavilion at the World Energy Congress 2024 in Rotterdam today.” : psuconnect.in

” New Delhi : Pankaj Agarwal, Secretary, Ministry of Power and Reenat Sandhu, Ambassador of India to the Netherlands, jointly inaugurated the India Pavilion at the 26th World Energy Congress (WEC) 2024 today.” : Sarkaritel.com

” 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).” : Sarkaritel.com

” New Delhi : DVC signed PPA with Solar Power Developer (SPD), M/s ReNew Samir Shakti Private Limited on 23rd April 2024 at DVC Headquarters, Kolkata towards procurement of 200 MW of solar power. DVC is one of the pioneers to enter into a Power Purchase Agreement (PPA) for RE bundling with its thermal power to thrive for sustainability by significantly reducing the carbon footprint.” : Sarkaritel.com

Power Grid to infuse funds in National High Power Testing Laboratory; to hold 50 pc stake

New Delhi : State-owned Power Grid Corporation on Tuesday said it has inked a pact to infuse funds and take a 50 per cent stake in crisis-hit National High Power Test Laboratory Pvt Ltd (NHPTL). A supplementary joint venture agreement in this regard was signed on April 23, 2024, by shareholders of NHPTL, according to a regulatory filing. : Economic Times

NTPC Barauni Launches ‘Bindaas Bol’ Program to Empower Students through Conversational English Skills

New Delhi : In a world where effective communication has become an essential skill, NTPC Barauni has taken a step towards empowering students in Govt. schools from Begusarai district through the ‘Bindaas Bol’ program under the Community Development Plan. : psuconnect.in

India showcasing innovative technologies at World Energy Congress

New Delhi : India is showcasing its innovative technologies and power generation practices at the 26th World Energy Congress, being held in the Netherlands from April 22 to 25. : Sarkaritel.com

CSIR-IICT, BHEL partner to develop CO2 conversion technology with focus on achieving net-zero goals

New Delhi : CSIR-IICT, BHEL partner to develop CO2 conversion technology with focus on achieving net-zero goals. : Economic Times

Coal Ministry targets nearly 20% higher stock at power projects by June 30

New Delhi : Coal Ministry targets nearly 20% higher stock at power projects by June 30. : Economic Times

Juniper Green Energy, Tata Power sign PPA for 85 MW hybrid project in Maharashtra

New Delhi : Juniper Green Energy, Tata Power sign PPA for 85 MW hybrid project in Maharashtra. : Economic Times

Suzlon Group’s Girish Tanti elected vice-chair of Global Wind Energy Council

New Delhi : Suzlon Group’s Girish Tanti elected vice-chair of Global Wind Energy Council. : Economic Times

Tata Power Solar Systems, Indian Bank partner to boost residential rooftops

New Delhi : Tata Power Solar Systems on Tuesday announced its partnership with state-owned Indian Bank to promote the adoption of solar rooftop among residential consumers. : Business Standard

SJVN CMD graced Closing ceremony of SJVN’s Inter-Projects Sports Meet 2023-24

Shimla : Smt. Geeta Kapur, Chairman & Managing Director, SJVN Limited graced the Closing Ceremony of SJVN’s Inter-Projects Sports Meet 2023-24 held at Corporate Headquarters, Shimla today. : psuconnect.in

NTPC Bongaigaon plants more than 50 saplings on World Earth Day

New Delhi : NTPC Bongaigaon committed itself towards a sustainable planet by planting 50 saplings on World Earth Day coinciding. The NTPC Bongaigaon senior management led by Shri K C Muraleedharan, CGM and Business Unit Head, NTPC Bongaigaon planted saplings of varied types at its plant premises. : psuconnect.in

IREDA Reports All-Time High Annual Net Profit of Rs. 1,252 Crore, NPAs Below 1%

New Delhi : IREDA has achieved an all-time high annual Profit After Tax (PAT) of Rs. 1252.23 crore, marking an impressive growth of 44.83% over the previous fiscal year 2022-23. : psuconnect.in

SECI Issues Bid For 20 MW Solar Plant With BESS In Leh

New Delhi : SECI Issues Bid For 20 MW Solar Plant With BESS In Leh. : saurenergy.com

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

Karnataka, Gujarat continue to exhibit strong progress towards clean electricity transition: Report

New Delhi : Karnataka, Gujarat continue to exhibit strong progress towards clean electricity transition: Report. : Economic Times

Karnataka, Gujarat surpass Maharashtra for effective integration of green energy in power sector

New Delhi : Karnataka, Gujarat surpass Maharashtra for effective integration of green energy in power sector. : Economic Times

Reliance Industries, JSW Neo Energy in fray for 10 Gwh ACC Battery PLI

New Delhi : The Ministry of Heavy Industries announced on Tuesday that it has received bids from seven players for the re-bidding tender of the 10 gigawatt-hour (Gwh) tranche of the Advanced Chemistry Cell (ACC) manufacturing production-linked incentive (PLI). : Business Standard

Solar module prices hovering at all-time lows

New Delhi : A growing number of PV module manufacturers are threatening to shut down their production facilities in Europe due to the ongoing low-price trend. : pv-magazine.com

India’s 10 GWh tender draws seven bids to set up giga-scale battery cell manufacturing facilities under PLI scheme

New Delhi : India’s Ministry of Heavy Industries (MHI) has received seven bids under its global tender for the re-bidding of production-linked incentives (PLI) for 10 GWh advanced chemistry cell (ACC) manufacturing announced in January this year. : pv-magazine.com

Karnataka And Gujarat Continue To Exhibit Strong Progress Towards Clean Electricity Transition

New Delhi : Karnataka and Gujarat, the top performers in 2023, maintained strong performance in 2024. They continue to perform well in power sector decarbonisation and are well-positioned to accelerate the transition with adequate market enablers facilitating further growth. : indianpsu.com

Power Grid to infuse funds in NHPTL; to hold 50% stake

DVC enters into agreements for Renewable Energy bundling

New Delhi : Damodar Valley Corporation signed a PPA with Solar Power Developer (SPD), ReNew Samir Shakti Private Limited on 23rd April 2024 at DVC Headquarters, Kolkata towards procurement of 200 MW of solar power. : psuconnect.in

SJVN Green Energy Limited incorporated JV with Assam Power Distribution Company

New Delhi : According to the exchange filing, the wholly owned subsidiary of the Company SJVN Ltd. i.e., SJVN Green Energy Limited has incorporated a Joint Venture Company with Assam Power Distribution Company Limited named “SGEL Assam Renewable Energy Limited” issued by the Ministry of Corporate Affairs, Government of India. : psuconnect.in

NTPC Green Energy Limited Inks MoU with Indus Towers Limited

New Delhi : NTPC Green Energy Limited (NGEL) and Indus Towers Limited (ITL) have signed a Memorandum of Understanding (MoU), to address the need for pacing green energy objectives and the GOI’s efforts towards carbon carbon-neutral economy. : psuconnect.in

TPSSL, Indian Bank Tie-Up To Support PM Surya Ghar Muft Bijli Yojana

New Delhi : TPSSL, Indian Bank Tie-Up To Support PM Surya Ghar Muft Bijli Yojana. : saurenergy.com

Peak power demand in India projected at 260 GW, states need to up clean energy capabilities: Report

New Delhi : Peak power demand in India projected at 260 GW, states need to up clean energy capabilities: Report. : Economic Times

Tata Power, Indian Bank partner for collateral-free loan to residential rooftop solar customers

New Delhi : Tata Power Solar Systems Ltd (TPSSL), an arm of Tata Power Renewable Energy Ltd (TPREL), has partnered with Indian Bank for collateral-free loan to residential consumers adopting rooftop solar systems. : pv-magazine.com

Indian Bank Partners With Tata Power Solar Systems Limited To Empower Residential Solar Adoption & Boost PM Surya Ghar Muft Bijli Yojana

New Delhi : Indian Bank, a leading public sector bank announced its strategic partnership with Tata Power Solar Systems Limited (TPSSL) to bolster the adoption of solar energy among residential consumers. : indianpsu.com

SJVN CMD felicitates the winners of SJVN’s Inter-Projects Sports Meet 2023-24

New Delhi : SJVN Limited’s Chairman & Managing Director (CMD) Geeta Kapur graced the closing ceremony of SJVN’s Inter-Projects Sports Meet 2023-24 held at Corporate Headquarters, Shimla on Tuesday. The event marked the culmination of a series of sports events that commenced in November 2023 and spanned till April 2024. : psuwatch.com

Oil and Gas

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

Reliance wins govt nod for additional investment to raise KG-D6 gas output

New Delhi : Reliance Industries Ltd has got government approval for making additional investments in developing gas reserves in its KG-D6 block in the Bay of Bengal that can add 4 to 5 million standard cubic meters per day to the production, a company official said. : Economic Times

Oil rises $1 as US dollar slips to one-week low, investors shift focus to global economy; Brent at $88/bbl

New Delhi : Oil prices rose a dollar a barrel on Tuesday, April 23, as the US dollar index fell to its lowest in over a week and as oil investors shifted focus away from the ongoing geopolitical issues in the Middle East to the state of global economies. : Mint

Reliance wins govt approval for investment to raise KG-D6 block’s output

ONGC Launches Fresh Bid for Geothermal Power in Ladakh

New Delhi : Oil and Natural Gas Corporation (ONGC) is making another attempt to tap into geothermal energy in the Ladakh region, after a previous well drilling effort failed in 2022. : knnindia.co.in

Petrol and diesel prices remain stable for 39th day in Chennai

Chennai : In Chennai, the price of petrol and diesel has been unchanged for the past 39 days. Accordingly, one litre of petrol costs Rs 100.75 and diesel costs for Rs 92.34. : dtnext.in

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

Gruner Renewable Energy bags projects worth ?1,500 crore for Biogas plant

New Delhi : Gruner Renewable Energy bags projects worth ?1,500 crore for Biogas plant. : Economic Times

India’s crude oil consumption up 4.6% in FY24, output rises marginally at 0.6%, imports steady: PPAC

New Delhi : India’s total consumption of crude oil or petroleum products rose 4.6 pent in fiscal 2023-24 (FY24) to 233.3 million metric tonne (MMT), while domestic production of crude oil rose marginally at 0.6 per cent. : Mint

Extreme weather conditions, crude pose inflation risk: RBI Bulletin

New Delhi : Retail inflation — the main yardstick for the central bank’s policymaking — is ‘finally’ in sight of hitting the 4 per cent target, but extreme weather events, along with a spike in international crude oil prices due to geopolitical uncertainties, pose an inflation risk, the Reserve Bank of India’s (RBI’s) State of the Economy report said. : Business Standard

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On April 23

New Delhi : Petrol and Diesel Prices On April 23, 2024: Even though the price of crude continues to fluctuate in the international market, there is no change in the fuel prices in India. : news18.com