03-Feb-2024
Power
” New Delhi : NLC India Ltd., a Navratna Public Sector Enterprise under the aegis of Ministry of Coal is setting up a 2400 MW coal-based Ultra Super Critical Pit Head Thermal Power Project at Talabira in Jharsuguda district of Odisha at an estimated cost of Rs 27,212 Crore and further 800 MW is also planned in the second phase with investment of over Rs 8000 Crore approximately.” : Sarkaritel.com
” New Delhi : NTPC Bongaigaon’s Contracts and Materials (C&M) Department organized a highly successful day-long vendor meet on February 1, 2024, at the Employee Welfare Association Hall of NTPC Bongaigaon. The event was a part of the vendor relationship program and saw a remarkable turnout with over 60 vendors in attendance.” : Sarkaritel.com
PM to lay foundation stone of Talabira Thermal Power Project of NLC
New Delhi : Prime Minister Narendra Modi will lay the foundation stone for NLC India Limited’s (NLCIL) 2,400 MW Supercritical Thermal power plant in Sambalpur, Odisha, on February 3. : psuwatch.com
NTPC’s Renewable Arm Floats Tender to Procure 1 GW Wind-Solar Hybrid Power
New Delhi : NTPC’s Renewable Arm Floats Tender to Procure 1 GW Wind-Solar Hybrid Power. : mercomindia.com
Coal India fuel supply to thermal power plants rises by 5pc in Apr-Jan FY24
New Delhi : Coal India fuel supply to thermal power plants rises by 5pc in Apr-Jan FY24. : Economic Times
NTPC Bongaigaon Strengthens Vendor Relationship with Day-long Meet
New Delhi : NTPC Bongaigaon’s Contracts and Materials (C&M) Department organized a highly successful day-long vendor meet on February 1, 2024, at the Employee Welfare Association Hall of NTPC Bongaigaon. : psuconnect.in
Prime Minister to launch 2400 MW NLC Talabira Thermal Power Station
New Delhi : NLC India Ltd., a Navratna Public Sector Enterprise under the aegis of Ministry of Coal is setting up a 2400 MW coal-based Ultra Super Critical Pit Head Thermal Power Project at Talabira in Jharsuguda district of Odisha at an estimated cost of Rs 27,212 Crore and further 800 MW is also planned in the second phase with investment of over Rs 8000 Crore approximately. : psuconnect.in
Adani Electricity tops National Consumer Service Ratings among Mumbai discoms
New Delhi : The Adani Electricity Mumbai Ltd (AEML) garnered ‘A’ ranking in the Consumer Service Ratings-2023 among 62 distribution companies across India, released by the Ministry of Power, an official said here on Friday. : Sarkaritel.com
Budget 2024: Rooftop solar, green hydrogen push — experts discuss initiatives to charge up renewable energy sector
New Delhi : During the Interim Budget announcement, Finance Minister Nirmala Sitharaman announced a 102% increase in allocation for green hydrogen and a doubling of the allocation for solar power, setting a clear course for achieving its ambitious green energy goals. : Mint
Govt to raise subsidy for rooftop solar installation to 60%
New Delhi : The government is set to increase the subsidy for rooftop solar installations to about 60% under the new Pradhan Mantri Suryoday Yojana, union minister for new and renewable energy R.K. Singh said on Friday. : Mint
Coal Ministry receives 10 offline bids for 7 coal mines
New Delhi : The Coal Ministry on Friday said that it has received 10 offline bids for seven coal mines. The government in November launched the eighth round of the mine auction, putting 39 blocks under the hammer. : psuwatch.com
Under VGF scheme, 1 GW of offshore wind will come off TN, Gujarat coast: RK Singh
New Delhi : Under the Viability Gap Funding (VGF) scheme, offshore wind projects of 500 MW will come along the Tamil Nadu coast and 500 MW will come along the Gujarat coast, totalling 1 GW, said Minister for Power and New and Renewable Energy RK Singh on Friday. : psuwatch.com
Rs 10,000 crore allocated for rooftop solar scheme for 10 million houses
New Delhi : Finance Minister Nirmala Sitharaman has announced to save Rs 10,000 crore in Budget allocation for the 10 million houses to provide 300 units of free electricity and rooftop solar installation. : psuconnect.in
PM Modi to lay foundation stone of Talabira Thermal Power Project
New Delhi : PM Modi to lay foundation stone of Talabira Thermal Power Project. : Economic Times
Two new coal mines start production in January
New Delhi : Two new coal mines start production in January. : Economic Times
PM Modi to inaugurate power projects worth ?28,978 crore in Odisha on February 3
New Delhi : PM Modi to inaugurate power projects worth ?28,978 crore in Odisha on February 3. : Economic Times
India expects annual coal output to grow 10.9% in 2024/25
New Delhi : India expects annual coal output to grow 10.9% in 2024/25. : Economic Times
Google signs its largest offshore power agreement with Dutch wind projects
New Delhi : Google signs its largest offshore power agreement with Dutch wind projects. : Economic Times
Budget boost for clean energy: Solar allocation soars to ?8,500 cr; green hydrogen funding doubles
New Delhi : Budget boost for clean energy: Solar allocation soars to ?8,500 cr; green hydrogen funding doubles. : Economic Times
Coal India’s January triumph: Record 67.55 MT offtake, 54.94 MT dispatch to power sector
New Delhi : Coal India’s January triumph: Record 67.55 MT offtake, 54.94 MT dispatch to power sector. : Economic Times
Govt to increase rooftop solar subsidy to 60% under Pradhan Mantri Suryoday Yojana
New Delhi : Govt to increase rooftop solar subsidy to 60% under Pradhan Mantri Suryoday Yojana. : Economic Times
Govt invites bids for 4GW offshore wind energy projects in Tamil Nadu
New Delhi : Govt invites bids for 4GW offshore wind energy projects in Tamil Nadu. : Economic Times
Focus on solar to enhance energy security, attract investments & create jobs: Industry players
New Delhi : Focus on solar to enhance energy security, attract investments & create jobs: Industry players. : Economic Times
SECI Issues Bids For 4 GW Offshore Wind Projects Near Tamil Nadu
New Delhi : SECI Issues Bids For 4 GW Offshore Wind Projects Near Tamil Nadu. : saurenergy.com
Power PSUs to implement PM Suryodaya Yojana: Power minister R K Singh
New Delhi : The revamped solar rooftop scheme announced by Prime Minister Narendra Modi which also found a mention in Finance Minister Nirmala Sitharaman’s Interim Budget speech will be implemented by the public sector utilities (PSUs) of the power ministry across all states, Union Power Minister R K Singh said here on Friday. : Business Standard
Coal India fuel supply to thermal power plants rises by 5% in Apr-Jan FY’24
New Delhi : State-owned Coal India Limited (CIL) on Friday said that it supplied 509 million tonnes of coal to thermal power plants in the April-January period of this fiscal, registering a rise of 4.7 percent. : psuwatch.com
Govt invites bids for 4 GW offshore wind energy projects off Tamil Nadu coast
New Delhi : The government has invited bids for the development of offshore wind energy projects of a total capacity of 4 GW off the coast of Tamil Nadu. : psuwatch.com
Bihar Pins Hopes On Lakhisarai Solar Project To Increase RE Capacity
New Delhi : Bihar Pins Hopes On Lakhisarai Solar Project To Increase RE Capacity. : saurenergy.com
JVVNL To Reduce Timeline For Net metering To 18 days For Rooftop Solar
New Delhi : JVVNL To Reduce Timeline For Net metering To 18 days For Rooftop Solar. : saurenergy.com
Pradhanmantri Suryodaya Yojana: Govt to provide 60% subsidy for rooftop solar
New Delhi : The government will provide subsidy of 60 percent for the installation of rooftop solar power systems to consumers whose electricity consumption is within 300 units under the Pradhanmantri Suryodaya Yojana (PSY), said RK Singh, Minister for Power and Renewable Energy on Friday. : psuwatch.com
Strategic Meet: IREDA Outlines Robust Plans for Business Expansion and Cost Reduction Initiatives
New Delhi : Indian Renewable Energy Development Agency Limited (IREDA), in partnership with its knowledge partner Boston Consulting Group (BCG), convened a Strategic Meeting today in Gurugram, focusing on key aspects of business expansion and initiatives aimed at cost reduction in fund utilization. : psuconnect.in
Government to increase investment number of PSU power companies by 14%
New Delhi : The current revised budget estimate accounts for Rs 59,119.55 crore for FY24 and the annual budget investment for eight major power sectors corresponds to Rs 60,805.22 crore. : psuconnect.in
TPREL Makes A Solar Debut at Asia’s Largest Tea Estate
New Delhi : TPREL Makes A Solar Debut at Asia’s Largest Tea Estate. : saurenergy.com
WDFC Invites Bids For Grid-Connected Solar Plant At Six Rajasthan Railway Stations
New Delhi : WDFC Invites Bids For Grid-Connected Solar Plant At Six Rajasthan Railway Stations. : saurenergy.com
SJVN Green Invites Bids for 1.5 GW ISTS-connected Wind-Solar Hybrid Projects
New Delhi : SJVN Green Invites Bids for 1.5 GW ISTS-connected Wind-Solar Hybrid Projects. : mercomindia.com
IREDA holds strategic meet, outlines plans for business expansion & cost reduction
New Delhi : Indian Renewable Energy Development Agency Limited (IREDA), in partnership with its knowledge partner Boston Consulting Group (BCG), convened a strategic meeting in Gurugram on Friday. : psuwatch.com
Rooftop solar: You can save Rs 18,000 annually through this scheme
New Delhi : Not just firms, but residents too can benefit from the interim Budget announcement for “solarisation” of rooftops of one crore households. : Business Standard
Oil and Gas
Gail India and EIL likely to issue bonus shares worth Rs 3,000 crore
New Delhi : State-owned GAIL and Engineers India Ltd [EIL] would issue bonus shares to the government worth Rs 2,940 crore in the current fiscal year as per the budget statement. According to the revised budgetary estimates, GAIL will issue bonus shares worth Rs 2,840 crore while EIL will issue worth Rs 99 crore. : psuconnect.in
Budget 2024: Green hydrogen’s allocation rises by whopping 102 per cent
New Delhi : Budget 2024: Green hydrogen’s allocation rises by whopping 102 per cent. : Economic Times
Oil prices gain after OPEC+ maintains output cuts
New Delhi : Oil prices gain after OPEC+ maintains output cuts. : Economic Times
Budget boost for clean energy: Solar allocation soars to ?8,500 cr; green hydrogen funding doubles
New Delhi : Budget boost for clean energy: Solar allocation soars to ?8,500 cr; green hydrogen funding doubles. : Economic Times
Saudi Aramco and Sonatrach raised OSPs for LPG in Feb by 1-2%
New Delhi : Saudi Aramco and Sonatrach raised OSPs for LPG in Feb by 1-2%. : Economic Times
In the Lok Sabha poll year, oil companies get marketing Budget boost
New Delhi : The Interim Budget looks to bolster the refinery and marketing activities of oil companies in 2024-25, following a year of declining expenditure. It is poised to provide additional financial muscle to the three public-sector oil marketing companies (OMCs) — IOC, BPCL, and HPCL — in the months leading up to the general election. : Business Standard
Shell profit tumbles on falling oil and gas prices
New Delhi : Shell profit tumbles on falling oil and gas prices. : Economic Times
Govt allocates Rs 115 crore for green hydrogen pilot in shipping sector: MNRE
New Delhi : Govt allocates Rs 115 crore for green hydrogen pilot in shipping sector: MNRE. : Economic Times
Engine oil maker Castrol India’s Q4 profit rises on healthy demand
New Delhi : Engine oil maker Castrol India’s Q4 profit rises on healthy demand. : Economic Times
Finance Minister Nirmala Sitharaman defers equity support to oil companies to next fiscal year
New Delhi : Initially announced in last year’s budget, the equity support was intended to aid Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) in their energy transition projects. : indiatvnews.com
Petrol, diesel prices remain unchanged for 622nd day in Chennai
Chennai : In Chennai, the price of a litre of petrol and diesel has been constant over the last 621 days at Rs.102.63 and Rs. 94.24 respectively. : dtnext.in
Government Launches Pilot Projects Using Green Hydrogen in Shipping
New Delhi : Government Launches Pilot Projects Using Green Hydrogen in Shipping. : mercomindia.com
Mahanagar Gas seals first-ever acquisition, takes over UEPL
New Delhi : Mahanagar Gas seals first-ever acquisition, takes over UEPL. : Economic Times
Govt to mandate phased blending of biogas in CNG, PNG: Sitharaman
New Delhi : Govt to mandate phased blending of biogas in CNG, PNG: Sitharaman. : Economic Times
FM Sitharaman pushes equity support to oil firms to next fiscal year
New Delhi : FM Sitharaman pushes equity support to oil firms to next fiscal year. : Economic Times
Russian LPG exports to China by rail rose 35% in 2023
New Delhi : Russian LPG exports to China by rail rose 35% in 2023. : Economic Times
Budget: Govt puts off equity infusion in state oil companies to next fiscal
New Delhi : The government has pushed its plan to infuse equity into Indian Oil, Bharat Petroleum, and Hindustan Petroleum to the next fiscal year and slashed the proposed amount by half to ?15,000 crore, according to the budget document. : Economic Times
Budget 2024: Rooftop solar, green hydrogen push — experts discuss initiatives to charge up renewable energy sector
New Delhi : During the Interim Budget announcement, Finance Minister Nirmala Sitharaman announced a 102% increase in allocation for green hydrogen and a doubling of the allocation for solar power, setting a clear course for achieving its ambitious green energy goals. : Mint
Oil heads for biggest weekly drop since early November despite gain on OPEC+ decision; Brent at $78/bbl
New Delhi : Oil prices rose slightly on Friday, February 2, after the Organisation of Petroleum Exporting Countries and its allies (OPEC+) decision to keep its production policy unchanged, but the benchmarks remained on track for weekly losses on China demand growth fears. : Mint
Govt to provide 50% financial aid to pilot projects using Green Hydrogen in steel sector
New Delhi : The government has issued guidelines on Friday for providing financial support to pilot projects using green hydrogen in the steel sector. The scheme will be implemented by the Ministry of New and Renewable Energy (MNRE) and the Ministry of Steel together. : psuwatch.com
Govt unveils guidelines for supporting pilot projects using Green Hydrogen in shipping sector
New Delhi : The government has come out with guidelines for providing financial support to pilot projects for using green hydrogen in the shipping sector. : psuwatch.com
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On February 2
New Delhi : Petrol, Diesel Prices Today On February 2, 2024: Every morning at 6 am, the prices of petrol and diesel are revealed, regardless of whether they are undergoing fluctuations or remaining stable. This daily occurrence is driven by oil marketing companies (OMCs) adjusting prices based on international crude oil prices and foreign exchange rates. : news18.com
Petrol and diesel prices today stable in Hyderabad, Delhi, Chennai and Mumbai on 02 February, 2024
New Delhi : Petrol and diesel prices today, 02 February, 2024: Petrol and diesel prices today remained stable. Going by the fuel prices at major cities in the country today, the petrol price in Delhi is at Rs. 96.72 per litre and the diesel price at Rs. 89.62. : thehansindia.com
