31-Aug-2024
Power
” New Delhi : ‘PFC Consulting Limited’, (PFCCL) a wholly-owned subsidiary of Power Finance Corporation Limited, a Maharatna CPSE, has announced its final dividend for the year ending March 31, 2024. This was decided at the company’s 16th Annual General Meeting (AGM) held recently.” : Sarkaritel.com
” 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 & a leading NBFC, handed over 2 project specific SPVs (Special Purpose Vehicles).” : Sarkaritel.com
” New Delhi : Dr. Yatindra Dwivedi, Director (Personnel), Power Grid Corporation of India Limited has been conferred with CHRO PRIDE Award by The Top Rankers Management Club during their 24th National Management Summit – 2024 held at New Delhi on 30thAugust 2024 for his exemplary contribution to the field of HR.” : Sarkaritel.com
” New Delhi : DVC participated in the “ HR for the Greater Good Conclave 2024: Celebrating the best HR Practices “ organized by XLRI Jamshedpur from 26th to 27th August 2024.” : Sarkaritel.com
” New Delhi : Prasanna Kumar Motupalli, Chairman and Managing Director of NLC India Limited (NLCIL), has been awarded the prestigious “Top Rankers Excellence Award for Visionary Leadership” at the 24th National Management Summit, organized by the Top Rankers Management Club. The summit was held today, August 30, 2024, at Hotel Le Meridian, New Delhi.” : Sarkaritel.com
RECPDCL hands over 2 project-specific special purpose vehicles
New Delhi : REC Power Development and Consultancy on Friday announced the handing over of 2 project-specific special purpose vehicles — Khavda IV A Power Transmission Ltd to Adani Energy Solutions and Khavda IV C Power Transmission to Sterlite Grid 38 Ltd. : newsdrum.in
RECPDCL Hands Over Two Project-Specific Special Purpose Vehicles
New Delhi : REC Power Development and Consultancy on Friday announced the handing over of two project-specific special purpose vehicles— Khavda IV A Power Transmission Ltd to Adani Energy Solutions and Khavda IV C Power Transmission— to Sterlite Grid 38 Ltd. : NDTV Profit
RECPDCL Hands Over Power Transmission Projects
New Delhi : REC Power Development and Consultancy on Friday announced the handing over of 2 project-specific special purpose vehicles — Khavda IV A Power Transmission Ltd to Adani Energy Solutions and Khavda IV C Power Transmission to Sterlite Grid 38 Ltd. : Moneycontrol.com
PFC Consulting Declares Final Dividend for Financial Year 2023-24
New Delhi : ‘PFC Consulting Limited’ has announced its final dividend for the year ending March 31, 2024. This was decided at the company’s 16th Annual General Meeting (AGM) held recently. : psuconnect.in
Reliance to commission first solar giga-factory this year
New Delhi : Reliance to commission first solar giga-factory this year. : Economic Times
S&P assigns ‘BBB-‘ long-term rating to IREDA, outlook stable
New Delhi : S&P assigns ‘BBB-‘ long-term rating to IREDA, outlook stable. : Economic Times
Ambani unveils growth roadmap for Reliance, co to double in size by 2030
New Delhi : Ambani unveils growth roadmap for Reliance, co to double in size by 2030. : Economic Times
IREDA Board approves Rs 4,500 cr fundraise plan
New Delhi : IREDA Board approves Rs 4,500 cr fundraise plan. : Economic Times
Power Grid Corp acquires Bhadla-III & Bikaner-III Transmission
New Delhi : State-owned Power Grid Corporation on Friday said it has acquired project special purpose vehicle (SPV), Bhadla-III and Bikaner-III Transmission Ltd, through tariff-based competitive bidding. : Economic Times
Solar, wind energy generation rises as discoms cut payment delays in FY24: Fitch
New Delhi : Wind and solar power generation in India rose as payment delays narrowed in FY24, according to Fitch Rating, bringing the nation closer to its renewable energy target. : Mint
Navratna crown for Railtel, Satluj Jal Vidyut Nigam, NHPC, and Solar Energy Corp.
New Delhi : Railtel Corporation of India, Satluj Jal Vidyut Nigam, National Hydroelectric Power Corp., and Solar Energy Corporation of India Ltd have been upgraded to Navratna status, the finance ministry’s department of public enterprises announced on Friday. : Mint
Reliance to commercialize perovskite, back-contact HJT-IBC solar by 2026
New Delhi : Mukesh D Ambani, chairman and managing director of Reliance Industries Ltd, said this week Reliance will commence the production of its solar photovoltaic (PV) modules by the end of this year. : pv-magazine.com
Power Grid’s Dr Yatindra Dwivedi receives CHRO PRIDE Award for HR excellence
New Delhi : Dr Yatindra Dwivedi, Director (Personnel) of Power Grid Corporation of India Limited, has been honoured with the CHRO PRIDE Award by the Top Rankers Management Club during the 24th National Management Summit held in New Delhi. : psuwatch.com
NHPC accorded with ‘Navratna’ company status
New Delhi : NHPC Limited has been accorded with the prestigious status of ‘Navratna’ company by the Government of India. As per an order issued by Department of Public Enterprise (DPE), Ministry of Finance on August 30. : psuwatch.com
SJVN Finance & Personnel Director met Bihar Energy Minister
Shimla : Sh. Akhileshwar Singh, Director, Finance & Personnel, SJVN met Hon’ble Minister of Energy, Government of Bihar, Sh. Bijendra Prasad Yadav. : psuconnect.in
SJVN Director (Finance), honoured with CFO Leadership Award 2024
Shimla : Sh Akhileshwar Singh, Director (Finance &Personnel) SJVN Ltd, has been conferred with prestigious CFO Leadership Award 2024, by Top Rankers Management Club, during its 24th National Management Summit, held at New Delhi. : psuconnect.in
NTPC commissions 160 MW solar capacity in Jaisalmer
New Delhi : State-owned NTPC has informed that it has commissioned its 160 MW capacity of the 320 MW Bhainsara solar project in Jaisalmer, Rajasthan. : psuconnect.in
NLC India, RVUNL to form joint ventures for thermal power plant, renewable projects
New Delhi : State-owned NLC India Ltd has approved two joint ventures with Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RVUNL). The first joint venture agreement (JVA) aims to establish a lignite-based thermal power station in Rajasthan, alongside developing the necessary mines to meet the fuel requirements for this power station. : psuconnect.in
NHPC Limited accorded with ‘Navratna’ company status
New Delhi : NHPC Limited has been accorded with the prestigious status of ‘Navratna’ company by the Government of India. As per order issued by Department of Public Enterprise (Ministry of Finance) on 30.08.2024, NHPC has been declared a ‘Navratna Company, thereby giving it greater operational and financial autonomy. : Sarkaritel.com
Rooftop solar capacity up 26 pc in India in Jan-June amid govt push
New Delhi : The country registered 26 per cent growth in rooftop solar capacity addition (year-on-year) at 1.1 gigawatt (GW) in the first half this year — from 873 MW installed in the same period last year, a report has said. : Sarkaritel.com
RECPDCL hands over 2 power transmission SPVs to successful winners
New Delhi : REC Limited owned REC Power Development and Consultancy Limited (RECPDCL) announced the transfer of two project-specific special purpose vehicles (SPVs) to successful winners on Friday. : psuwatch.com
RECPDCL Hands Over Khavda IV A Power Transmission to Adani Energy Solutions and Khavda IV C Power Transmission to Sterlite Grid 38
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 & a leading NBFC, handed over 2 project specific SPVs (Special Purpose Vehicles). : pv-magazine.com
PFC Consulting Ltd Declares Final Dividend for Financial Year 2023-24
New Delhi : ‘PFC Consulting Limited’ has announced its final dividend for the year ending March 31, 2024. This was decided at the company’s 16th Annual General Meeting (AGM) held recently. : newsmantra.in
Coal ministry to fast-track 38 rail projects for efficient coal transport
New Delhi : Coal ministry to fast-track 38 rail projects for efficient coal transport. : Economic Times
Rooftop solar shines: 1.1 GW added in H1 2024, residential boom fuels growth
New Delhi : Rooftop solar shines: 1.1 GW added in H1 2024, residential boom fuels growth. : Economic Times
NTPC commissions 160 MW solar capacity in Jaisalmer
New Delhi : NTPC commissions 160 MW solar capacity in Jaisalmer. : Economic Times
Puneet Bhatla to take over as GE Power India MD
New Delhi : Puneet Bhatla to take over as GE Power India MD. : Economic Times
From Sept 1, power will be disconnected if bills are not paid: State-owned firm BESSCOM
Bengaluru : The Bangalore Electricity Supply Company on Friday said that from September 1, if consumers fail to pay electricity charges within 30 days of receiving bills or do not pay the required additional security deposit, it would disconnect their power supply. : Economic Times
Finance Ministry adds four new navratnas
New Delhi : Finance minister Nirmala Sitharaman has granted the navratna status to four more state-owned public enterprises – Satluj Jal Vidyut Nigam Ltd, Solar Energy Corporation of India Ltd, Railtel Corporation of India Ltd and National Hydroelectric Power Corporation Ltd. : Economic Times
Govt grants Navratana status to power PSUs NHPC, SJVN
New Delhi : The government on Friday granted ‘Navratana’ status to public sector undertakings NHPC, SJVN and SECI. “As per order issued by the Department of Public Enterprise (Ministry of Finance) on August 30, 2024. : Economic Times
Vedanta, Adani Energy Lead QIP Charges as Fundraising Reacehes Rs. 58,425 Crore
New Delhi : Vedanta, Adani Energy Lead QIP Charges as Fundraising Reacehes Rs. 58,425 Crore. : Mint
Solar Energy Corporation Of India Ltd Gets Navratna Status
New Delhi : Solar Energy Corporation of India Ltd (SECI), a Central Public Sector Undertaking (CPSU) under the Ministry of New and Renewable Energy has been granted the Navratna status on 30th August 2024 by the Ministry of Finance. : indianpsu.com
NTPC gets shareholders’ nod to raise up to Rs 12,000 crore
New Delhi : State-owned power giant NTPC Limited on Friday said it has got shareholders’ approval to raise up to Rs 12,000 crore through issuance of non-convertible debentures (NCDs) on a private placement basis. : psuwatch.com
DVC bags champions trophy for corporate sustainability
New Delhi : Damodar Valley Corporation (DVC) participated in the “HR for the Greater Good Conclave 2024: Celebrating the best HR Practices” organised by XLRI Jamshedpur from August 26 to August 27. : psuwatch.com
NLCIL CMD Honoured with Top Rankers Excellence Award For Visionary Leadership
New Delhi : Shri. Prasanna Kumar Motupalli, Chairman and Managing Director of NLC India Limited (NLCIL), has been awarded the prestigious “Top Rankers Excellence Award for Visionary Leadership” at the 24th National Management Summit, organized by the Top Rankers Management Club. : psuconnect.in
RECPDCL Hands Over 2 SPVs to Adani Energy and Sterlite Grid 38 Limited
Gurgoan, Haryana : REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power & a leading NBFC, handed over 2 project specific SPVs (Special Purpose Vehicles). : psuconnect.in
NHPC to resume Teesta-V Power generation by FY26
New Delhi : State-owned NHPC to soon resume the power generation from the Teesta-V Project in the third quarter of FY26. The company is currently assessing the claim amount related to recent damages, having notified the insurer of a Rs 400 crore claim. : psuconnect.in
Oil and Gas
” Mumbai : India’s energy major, Indian Oil Corporation Limited has launched a co-branded credit card in partnership with RBL Bank in Global Fintech Fest (GFF),Mumbai.” : Sarkaritel.com
OVL awaits US nod to resume Venezuelan operations, approval expected soon
New Delhi : OVL awaits US nod to resume Venezuelan operations, approval expected soon. : Economic Times
Bharat Petroleum to invest Rs 75,000 crore in expanding refining capacity
New Delhi : State-run Bharat Petroleum Corp will invest ?75,000 crore to expand refining and petrochemicals capacity over the next five years to meet the anticipated demand, chairman G Krishnakumar told shareholders at the company’s annual general meeting on Friday. : Economic Times
BPCL looking beyond Rs 1.7 lakh crore capex to set up new refineries, petchem units
New Delhi : Public sector oil marketing giant BPCL has lined up a capex of Rs 1.7 lakh crore for expanding its existing refineries, and also plans to set up new integrated refining and petrochemical capacities within the next five to seven years to meet the rising demand in India’s growing economy, company Chairman G. Krishnakumar said on Friday. : Sarkaritel.com
IOCL, RBL Launch Co-Branded Credit Card
New Delhi : IOCL, RBL Launch Co-Branded Credit Card. : uniindia.com
Indian Oil and RBL Bank launch co-branded credit card
New Delhi : India’s energy major, Indian Oil Corporation Limited (IOCL) has launched a co-branded credit card in partnership with RBL Bank in Global Fintech Fest (GFF), Mumbai. : psuwatch.com
India’s Reliance says new energy to be as profitable as oil to chemicals in 5-7 years
New Delhi : India’s Reliance says new energy to be as profitable as oil to chemicals in 5-7 years. : Economic Times
BPCL to invest ?1.70 lakh crore in expansion, eyes major growth in green energy and petrochemicals
New Delhi : BPCL to invest ?1.70 lakh crore in expansion, eyes major growth in green energy and petrochemicals. : Economic Times
Shell plans wide cuts in oil exploration division, sources say to Reuters
New Delhi : Shell plans wide cuts in oil exploration division, sources say to Reuters. : Economic Times
Numaligarh Refinery Limited reports progress on mega expansion project
Guwahati : Assam based Numaligarh Refinery Limited announced it has made significant progress in the ongoing mega Numaligarh Refinery Expansion Project with a train comprising of the 6 MMTPA(million metric tonnes per annum) Refinery. : Economic Times
Finance Ministry adds four new navratnas
New Delhi : Finance minister Nirmala Sitharaman has granted the navratna status to four more state-owned public enterprises – Satluj Jal Vidyut Nigam Ltd, Solar Energy Corporation of India Ltd, Railtel Corporation of India Ltd and National Hydroelectric Power Corporation Ltd. : Economic Times
ONGC Videsh close to getting US approval to resume ops in Venezuela amid sanctions
New Delhi : Oil and Natural Gas Corporation’s (ONGC) overseas subsidiary, ONGC Videsh Ltd (OVL), may soon get a licence from the US Office of Foreign Assets Control (OFAC) to resume operations in Venezuela. : psuwatch.com
BPCL plans refining-cum-petrochemical complex in 5-7 yrs
New Delhi : State-owned Bharat Petroleum Corporation Ltd (BPCL) is exploring setting up an oil refining and petrochemical complex over the next 5-7 years as it steps up capacity to meet India’s rising energy demand, chairman G Krishnakumar told shareholders on Friday. : psuwatch.com
New IndianOil RBL Bank XTRA Credit Card offers savings on fuel buys: A look at others with similar offers
New Delhi : The IndianOil RBL Bank XTRA Credit Card was recently launched at the Global Fintech Fest 2024 in Mumbai. This new co-branded RuPay contactless credit card, introduced by RBL Bank in partnership with Indian Oil Corporation Limited (IOCL), offers up to 8.5% savings on fuel purchases. : cnbc.com
Indian Oil and RBL Bank Revolutionize Fuel Payments With Co-Branded Credit card
New Delhi : Indian Oil and RBL Bank Revolutionize Fuel Payments With Co-Branded Credit card. : newsip.in
Oil steady as players take stock of Middle East supply concerns
New Delhi : Oil steady as players take stock of Middle East supply concerns. : Economic Times
Ambani unveils growth roadmap for Reliance, co to double in size by 2030
New Delhi : Ambani unveils growth roadmap for Reliance, co to double in size by 2030. : Economic Times
Govt slashes windfall tax on petroleum crude to Rs 1,850/tonne
New Delhi : Continuing another cut, the Union government on Friday slashed windfall tax on domestically produced crude oil to Rs 1,850 per tonne from previous Rs 2,100 per tonne. : Economic Times
Mozambique LNG project to resume this year, says BPCL CMD, after terror attacks forced suspension
New Delhi : A TotalEnergies-operated liquified natural gas (LNG) project in Mozambique, in which Indian oil companies have a 30% stake, is set to resume operations in 2024, said G. Krishnakumar, chairman and managing director (CMD) of Bharat Petroleum Corp. Ltd (BPCL). : Mint
NRL declared a final dividend of Rs 258.42 crore in its 31st AGM
New Delhi : Numaligarh Refinery Limited (NRL) held its 31st Annual General Meeting (AGM) on Friday at its Corporate Office in Guwahati, with the meeting presided over by NRL’s Chairman and CMD of Oil India Limited (OIL) Dr Ranjit Rath. : psuwatch.com
Indian Oil and RBL Bank launch co-branded credit card
New Delhi : India’s energy major, Indian Oil Corporation Limited (IOCL) has launched a co-branded credit card in partnership with RBL Bank in Global Fintech Fest (GFF), Mumbai. : psuwatch.com
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On August 30
New Delhi : Petrol, Diesel Prices Today On August 30, 2024: Every day at 6 am, oil marketing companies (OMCs) announce the price of petrol and diesel, maintaining consistency despite the inherent volatility of these commodities. : news18.com
