23-Aug-2024

Power

” New Delhi : In a significant step towards enhancing bilateral cooperation in the energy sector, Union Minister for Power Manohar Lal, accompanied by MoS Power and New & by Renewable Energy Shripad Naik and senior officials from the Ministry of Power, held a productive discussion with the US delegation led by John Podesta, Senior Advisor to the President for International Climate Policy.” : Sarkaritel.com

” New Delhi : NLC India Limited (NLCIL) is continuously taking efforts to Up-Skill and Re-Skill its workforce by designing Skill Upgradation programs through reputed firms to cope up with industry changes, career advancement and to foster a culture of continuous learning.” : Sarkaritel.com

” New Delhi : K. Sadashiv Murthy, Chairman & Managing Director, BHEL, addressed shareholders through video conferencing at the company’s 60th Annual General Meeting, in the presence of the Board of Directors of the company, in New Delhi today.” : Sarkaritel.com

IIT Bhubaneswar develops solar-powered microwave reactor for efficient waste management

New Delhi : IIT Bhubaneswar develops solar-powered microwave reactor for efficient waste management. : Economic Times

BC Jindal Group to invest $2.5 bn in renewable energy sector over next 5 years

New Delhi : BC Jindal Group to invest $2.5 bn in renewable energy sector over next 5 years. : Economic Times

RECPDCL hands over Rajasthan power project to Apraava Energy

New Delhi : RECPDCL hands over Rajasthan power project to Apraava Energy. : Economic Times

ABB crosses 10GW in delivering renewable energy solutions

New Delhi : ABB crosses 10GW in delivering renewable energy solutions. : Economic Times

IREDA shares surge over 10 pc on Rs 4,500-cr fundraising plan

New Delhi : IREDA shares surge over 10 pc on Rs 4,500-cr fundraising plan. : Economic Times

Zelestra inks pact to supply 450 MW solar power to NTPC

New Delhi : Zelestra inks pact to supply 450 MW solar power to NTPC. : Economic Times

14 hydropower projects damaged due to flash floods in Himachal since July 25

New Delhi : At least 14 hydroelectric projects in Himachal Pradesh have suffered damage due to flash floods since July 25, with some being affected multiple times over the past 10 years, according to a new analysis. : Economic Times

As Sarda Energy deposits ?1.9kcr for SKS power, deal challenged

New Delhi : Within a week of the National Company Law Tribunal (NCLT) approving its takeover of SKS Power Generation Ltd, winning bidder Sarda Energy and Minerals has deposited ?1,950 crore into an escrow account with Bank of Baroda (BoB) – ahead of the 45-day deadline set by lenders. : Economic Times

The exponential growth of solar power will change the world

New Delhi : It is 70 years since AT&T’s Bell Labs unveiled a new technology for turning sunlight into power. The phone company hoped it could replace the batteries that run equipment in out-of-the-way places. : Mint

India, US explore technical exchange to upgrade grid transmission

New Delhi : India and the US have discussed and explored the possibility of technical exchanges on efforts to upgrade grid transmission to handle future load growth during a ministerial-level deliberations. : Business Standard

Power Grid acquires two project special purpose vehicles from PFCCL

New Delhi : Power Grid Corp on Thursday said it has acquired 2 project special purpose vehicles from PFC Consulting Ltd. The two SPVs are Sirohi Transmission Ltd and Beawar-Mandsaur Transmission Ltd, a company statement said. : Business Standard

RECPDCL Hands Over Rajasthan IV-A Power Transmission Limited To M/s Apraava Energy Private Limited

New Delhi : REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power, handed over a project specific SPV (Special Purpose Vehicle). viz, Rajasthan IV-A Power Transmission Limited to M/s Apraava Energy Private Limited (AEPL). : indianpsu.com

India, US explore tech exchange to upgrade grid transmission

REC unveils first sustainability report with 55th AGM meet

New Delhi : State-owned REC Ltd holds the 55th Annual General Meeting (AGM) through video conferencing. Vivek Kumar Dewangan, Chairman & Managing Director, of REC Limited chaired the meeting which was attended by all the Directors on the Board of the Company. : psuconnect.in

MSEDCL Seeks Bids To Setup 300 MW/600MWh BESS Pilot Projects

New Delhi : MSEDCL Seeks Bids To Setup 300 MW/600MWh BESS Pilot Projects. : saurenergy.com

GUVNL Issues Tender For 500 MW Solar Projects

New Delhi : GUVNL Issues Tender For 500 MW Solar Projects. : saurenergy.com

India’s data centre capacity to add 500 MW by 2026 as AI demand soars

New Delhi : India’s data centre capacity to add 500 MW by 2026 as AI demand soars. : Economic Times

Adani Electricity offers subsidised power connections for Ganeshotsav in Mumbai

New Delhi : Adani Electricity offers subsidised power connections for Ganeshotsav in Mumbai. : Economic Times

India’s bold energy transition: How the Budget 2024-2025 set course for solar expansion, green bonds, and nuclear growth

New Delhi : India’s bold energy transition: How the Budget 2024-2025 set course for solar expansion, green bonds, and nuclear growth. : Economic Times

Gensol Engineering bags 16 MW rooftop project in Madhya Pradesh

New Delhi : Gensol Engineering bags 16 MW rooftop project in Madhya Pradesh. : Economic Times

ArcelorMittal, investment fund-backed Atlas team up to build solar plant in Brazil

New Delhi : ArcelorMittal, investment fund-backed Atlas team up to build solar plant in Brazil. : Economic Times

Kalpataru Projects International gets tax notice from GST Authority

New Delhi : Kalpataru Projects International Ltd on Thursday said it has received a tax notice from the GST Authority. The authority has demanded tax and penalty for the financial year 2019-20 on grounds of excess claim of Input Tax Credit, the company said in an exchange filing. : Economic Times

Adani Power gets NCLT’s nod to acquire Lanco Amarkantak Power for Rs 4,101 crore

New Delhi : The Hyderabad bench of the National Company Law Tribunal (NCLT) has approved Adani Power Ltd’s resolution plan to acquire Lanco Amarkantak Power Ltd (LAPL) through the insolvency resolution process. : Economic Times

India, US strengthen energy ties

New Delhi : The power ministry on Thursday met a US delegation led by John Podesta, senior advisor to the President for International Climate Policy. The two sides explored possibilities in technical exchanges and financial support for upgrading transmission systems, manufacturing capacity in large transformers, and partnership on long-duration energy storage studies, among others. : Economic Times

India, US advance energy ties: Grid modernization, clean energy in focus

New Delhi : Union power minister Manohar Lal held a high-level discussion on Thursday with an American delegation led by John Podesta, senior adviser to the US President for International Climate Policy, marking a significant step in bolstering bilateral cooperation in the energy sector. : Mint

NMDC powers projects for better management to achieve 100 MT capacity

New Delhi : To achieve the vision – NMDC 2.0 – of reaching 100 MT capacity, many initiatives and systematic improvements have been implemented in the recent past. : Mint

BC Jindal Group lines up green energy foray with $2.5 bn investment

New Delhi : BC Jindal Group, which is active in the steel pipe manufacturing sector, on Thursday announced its foray into the renewable energy sector, with an ambitious investment plan of $2.5 billion. : Business Standard

14 hydropower projects damaged by flash floods in Himachal since July 25

Adani Power gets approval to acquire Lanco Amarkantak Power for Rs 4,101 cr

New Delhi : Adani Power on Thursday said the NCLT Hyderabad bench has approved its plan to acquire Lanco Amarkantak Power Ltd (LAPL) for an upfront payment of Rs 4,101 crore. : Business Standard

India installed 15 GW of solar in first half of 2024

New Delhi : India installed solar projects totaling 14.9 GW in the first half of the current calendar year 2024, topping all previous half-yearly and annual PV installations. : pv-magazine.com

Power Grid acquires 2 project SPVs from PFCCL

Adani Power gets NCLT approval to acquire Lanco Amarkantak Power for Rs 4,101 crore

New Delhi : Adani Power on Thursday said the NCLT Hyderabad bench has approved its plan to acquire Lanco Amarkantak Power Ltd (LAPL) for an upfront payment of Rs 4,101 crore. : psuwatch.com

Powergrid acquired Sirohi Transmission Limited

New Delhi : Power Grid Corporation of India Limited, India’s Central Public Sector Undertaking pursuant to its selection as the successful bidder under Tariff based competitive bidding on August, 22, 2024. : psuconnect.in

India’s second 700 MW nuclear power KAPS-4 plant commences operations

New Delhi : India’s second home-built 700 MW nuclear power reactor at Kakrapar Atomic Power Station (KAPS) in Gujarat has started operating at full capacity, according to the plant operator. : psuconnect.in

IIT Bhubaneswar Develops Solar-Powered Reactor For Waste Management

New Delhi : IIT Bhubaneswar Develops Solar-Powered Reactor For Waste Management. : saurenergy.com

Ireda mulls FPO of Rs 4,500 crore, will hold meet on Aug 29

New Delhi : State-owned NBFC Ireda Limited will issue a follow-on public offering (FPO) of Rs 4,500 crore and will hold a meeting of the board of directors on August 29 to get the approval for the same. : psuconnect.in

Adani Power gets NCLT nod to to acquire Lanco Amarkantak Power for ?4,101 crore

New Delhi : Adani Power announced on Thursday that the Hyderabad bench of the National Company Law Tribunal (NCLT) has approved its plan to acquire Lanco Amarkantak Power Ltd (LAPL) with an upfront payment of ?4,101 crore. : Mint

Greenko to build 3.3 GW of pumped storage projects in Tamil Nadu

New Delhi : India’s Greenko has signed a memorandum of understanding (MoU) with the Tamil Nadu government to build three pumped storage projects totalling 3.3 GW in Tamil Nadu. : pv-magazine.com

Oil and Gas

” New Delhi : GAIL (India) Limited and Petron Scientech Inc (Petron) have inked a Memorandum of Understanding (MoU) to jointly explore setting up of a 500 Kilo Tons per Annum (KTA) bio-ethylene plant along with its downstream unit(s) in India, based on bio-ethanol produced in the plant in a 50:50 Joint Venture (JV) mode.” : Sarkaritel.com

PNGRB seeks common carrier status for PSUs’ ATF pipelines

New Delhi : The Petroleum and Natural Gas Regulatory Board (PNGRB) is seeking to declare state oil companies’ jet fuel (ATF) pipelines to some of the biggest airports in the country as common carriers in a bid to give private players equitable access and turn the jet fuel market more competitive. : Economic Times

Indian Oil faces fines from BSE and NSE over non-compliance with SEBI norms

New Delhi : Mahartna Oil PSU, Indian Oil Corporation Limited (Indian Oil) has been penalized by both BSE Limited (BSE) and the National Stock Exchange of India (NSE) Limited for non-compliance with SEBI regulations concerning the composition of its Board of Directors. : psuwatch.com

GAIL, US-based Petron to form JV for bio-ethylene plant

New Delhi : GAIL (India) Ltd and US-based Petron Scientech Inc. have signed a memorandum of understanding (MoU) to explore setting up a 500 kilo ton per annum (KTA) bio-ethylene plant and its downstream units in India through a joint venture (JV). : Mint

Top US oilfield firm Halliburton hit by cyberattack

Houston : Top US oilfield firm Halliburton hit by cyberattack. : Economic Times

Oil prices slip for fifth session on demand worries

New Delhi : Oil prices slip for fifth session on demand worries. : Economic Times

Gail, Petron sign pact to explore setting up bio-ethylene plant in India

New Delhi : State-owned gas utility GAIL (India) Ltd on Thursday said it has signed an agreement with US biofuel producer Petron Scientech Inc to jointly explore setting up of a 500 kilo tonnes per annum bio-ethylene plant in India. : Business Standard

GAIL and Petron sign MoU to explore setting up a bio-ethylene plant in India

New Delhi : GAIL (India) Limited on Thursday said that it has entered in-to an MoU with Petron Scientech Inc (Petron) to jointly explore setting up a 500 kilo tons per annum (KTA) bio-ethylene plant along with its downstream units in India, based on bio-ethanol produced in the plant in a 50:50 Joint Venture (JV) mode. : psuwatch.com

GAIL to set up a bio-ethylene plant in India, signs MoU with Petron

New Delhi : GAIL and Petron sign MoU to explore setting up a bio-ethylene plant in India New Delhi, August 22, 2024: GAIL (India) Limited and Petron Scientech Inc (Petron) have inked a Memorandum of Understanding (MoU) to jointly explore setting up of a 500 Kilo Tons per Annum (KTA) bio-ethylene plant along with its downstream unit(s) in India, based on bioethanol produced in the plant in a 50:50 Joint Venture (JV) mode. : psuconnect.in

India surpasses China to become Russia’s top oil buyer in July

New Delhi : India surpasses China to become Russia’s top oil buyer in July. : Economic Times

Sembcorp’s ammonia plant would make TN a global hub for green hydrogen production: CM

New Delhi : Sembcorp’s ammonia plant would make TN a global hub for green hydrogen production: CM. : Economic Times

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On August 22

New Delhi : Petrol, Diesel Prices Today On August 22, 2024: Every day at 6 am, oil marketing companies (OMCs) announce the prices of gasoline and diesel, maintaining consistency despite the inherent volatility of these commodities. : news18.com