19-Aug-2024
Power
UP plans to install solar power plants along 296-km Bundelkhand Expressway
Lucknow : The Uttar Pradesh government plans to install solar power plants along both sides of the 296-km Bundelkhand Expressway. : Business Standard
Uttar Pradesh chief minister inaugurates Avaada Group’s 70 MW solar project in Banda
New Delhi : Avaada Group, a green energy solutions provider, announced this week the inauguration of its 70 MW solar power project in Banda district of Uttar Pradesh by the state’s chief minister Yogi Adityanath. : pv-magazine.com
IndiGrid partners with British and Norwegian investors to boost India’s renewable energy transmission
New Delhi : IndiGrid partners with British and Norwegian investors to boost India’s renewable energy transmission. : Economic Times
Mega solar power project will ensure farmers get daytime electricity, says Fadnavis
New Delhi : Mega solar power project will ensure farmers get daytime electricity, says Fadnavis. : Economic Times
Power & Instrumentation Guj Ltd. Secures Major Contracts Worth INR 28.41 Cr
New Delhi : Power & Instrumentation Guj Ltd. Secures Major Contracts Worth INR 28.41 Cr. : Economic Times
Adani in talks to buy Reliance Power’s 600 MW Thermal Plant
New Delhi : Adani in talks to buy Reliance Power’s 600 MW Thermal Plant. : Mint
Sipan Kumar Garg Assumes charge as Director (Finance) at THDC India Limited
New Delhi : Rishikesh: Shri Sipan Kumar Garg assumed the charge of Director (Finance), THDC India Limited on 17, August 2024, at the THDCIL Kaushambi office. : psuconnect.in
Techno Electric partners with IndiGrid for developing greenfield transmission projects
New Delhi : Techno Electric partners with IndiGrid for developing greenfield transmission projects. : Economic Times
Kalpataru files draft IPO papers with SEBI to raise Rs 1,590 crore
New Delhi : Kalpataru files draft IPO papers with SEBI to raise Rs 1,590 crore. : Economic Times
CVO, THDCIL Mrs. Rashmita Jha inaugurated Vigilance Awareness Week-2024
New Delhi : Rishikesh: The Vigilance Awareness Week-2024 was inaugurated by Mrs. Rashmita Jha, Chief Vigilance Officer, THDC India Limited, with a lamp lighting ceremony at the THDCIL’s Corporate Office in Rishikesh. : psuconnect.in
Oil and Gas
BPCL plans to invest Rs 1.7 trn to expand core business, new energy foray
New Delhi : State-owned Bharat Petroleum Corporation plans to invest Rs 1.7 trillion over the next five years to grow its core oil refining and fuel marketing business as well as in ‘future big bets’ of petrochemicals and green energy, its chairman G Krishnakumar has said. : Business Standard
BPCL plans Rs 1.7 lakh cr spend to expand core biz, new energy foray
New Delhi : BPCL plans Rs 1.7 lakh cr spend to expand core biz, new energy foray. : Economic Times
Oil sits 2% lower after China data fuels demand concerns amid US Fed rate cut hopes; Brent slips below $80/bbl
New Delhi : Global crude oil prices settled down nearly two per cent in the previous session, with Brent crude below $80 a barrel, as investors tempered expectations of demand growth from top oil importer China. : Mint
IGL appoints new Additional and Independent Director of Board
New Delhi : Dr. Manish Sitaram Dabhade has been appointed as an Additional and Independent Director of Indraprastha Gas Ltd for three years of tenure. : psuconnect.in
India-OPEC discuss ‘volatility in oil mkt’
New Delhi : Amid the ongoing tensions in Middle East, Union Minister Hardeep Singh Puri on Friday spoke with the secretary general of Organisation of the Petroleum Exporting Countries (OPEC) about the latest developments and volatility in the global oil market, as well as how they affect the stability of the energy supply worldwide. : muscatdaily.com
Filling stations across Ludhiana go on 24-hour strike
Ludhiana : The fuel filling stations across Ludhiana district were closed on Sunday amid a 24-hour strike by petroleum dealers seeking an increase in commissions. : Hindustan Times
BPCL sets up biofuel blend bunker at Mumbai port
New Delhi : BPCL sets up biofuel blend bunker at Mumbai port. : Economic Times
Govt revises windfall gains tax on petroleum products, new rates effective from August 17
New Delhi : Govt revises windfall gains tax on petroleum products, new rates effective from August 17. : Economic Times
Windfall tax on petroleum crude slashed to ?2,100 from ?4,600/tonne; diesel, ATF retained at nil
New Delhi : The central government has cut the windfall tax on petroleum crude to ?2,100 per metric ton from ?4,600 per ton, effective August 17. Earlier, the windfall tax on crude was lowered by 34.2 per cent to ?4,600 per tonne on July 31. : Mint
Oil prices ease on China demand fears, focus on Mideast talks
Tokyo, Japan : Oil prices eased in early Asian trading on Monday as fears of weaker demand in top oil importer China weighed on market sentiment while investors focus on the progress of ceasefire talks in the Middle East, which could reduce supply risks. : Mint
Windfall tax on crude petroleum reduced to Rs 2,100/tonne
New Delhi : The government has slashed windfall tax on domestically produced crude oil to Rs 2,100 per tonne, from Rs 4,600 per tonne with effect from Saturday. The tax is levied in the form of Special Additional Excise Duty (SAED). : psuwatch.com
Saudi Arabia to reduce big spending on oil sector, Goldman says
New Delhi : Saudi Arabia is expected to put less money into the oil industry than initially predicted in its goal to invest US$1 trillion in strategic sectors by the end of the decade. : Business Today
BPCL Bets Big on Petrochemicals and Green Energy with Rs 1.7 Lakh Crore Investment
New Delhi : State-owned Bharat Petroleum Corporation (BPCL) plans to invest Rs 1.7 lakh crore over the next five years to bolster its oil refining and fuel marketing business, alongside ventures into petrochemicals and green energy, chairman G Krishnakumar announced. : devdiscourse
