06-Feb-2024
Power
” New Delhi : REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has been bestowed with the prestigious Best Green Bond – Corporate Award at The Asset Triple A Awards for Sustainable Finance 2024. This recognition underscores REC Limited’s unwavering commitment to sophisticated capital market instruments and customized financing solutions in advancing sustainable finance and fostering environmental stewardship.” : Sarkaritel.com
REC Wins Best Green Bond – Corporate Award At The Asset Triple A Awards For Sustainable Finance 2024
New Delhi : REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power and a leading NBFC, has been bestowed with the prestigious Best Green Bond – Corporate Award at The Asset Triple A Awards for Sustainable Finance 2024. : indianpsu.com
REC wins Best Green Bond – Corporate Award at The Asset Triple A Awards for Sustainable Finance
Gurgoan, Haryana : REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has been bestowed with the prestigious Best Green Bond – Corporate Award at The Asset Triple A Awards for Sustainable Finance 2024. : newsmantra.in
REC wins Best Green Bond – Corporate Award at The Asset Triple A Awards for Sustainable Finance 2024
New Delhi : REC has received the award for issuance of $750 million USD Green Bonds in April 2023 which was also the first USD Green Bond issuance from India post India’s assumption of G20 Presidency and the largest ever Senior Green Bond Tranche by a South or South-East Asian issuer. : pv-magazine.com
The Asset Triple A Awards: REC wins Best Green Bond-Corporate Award for sustainable finance
New Delhi : The Asset Triple A Awards: REC wins Best Green Bond-Corporate Award for sustainable finance. : Economic Times
REC wins Best Green Bond Corporate Award for Sustainable Finance
New Delhi : REC Ltd has been bestowed with the prestigious Best Green Bond – Corporate Award at The Asset Triple A Awards for Sustainable Finance 2024. REC has received the award for issuance of $750 million Green Bonds issued in April 2023. : millenniumpost.in
NLC India conducts a special workshop
New Delhi : NLC India Limited, jointly with Mining Engineers’ Association of India (TN Chapter) and Tamil Nadu Mines Safety Association (Under the aegis of DGMS, Chennai Region) conducted a special workshop on “Statutory Perspective and Modern Approaches on Slope Stability in Opencast Mines & Dumps” at Learning & Development Centre, Neyveli on 02.02.2024. : psuconnect.in
Coal Ministry achieves 99.73 MT production in January 2024
New Delhi : The Ministry of Coal has achieved a significant upswing in overall coal production during the month of January 2024, reaching 99.73 million tonne (MT). This surpasses the figures of 90.42 MT of the corresponding month during the previous year, representing an increase of 10.30 percent. : psuwatch.com
NLCIL inaugurates Visitors Gallery at Neyveli Lignite Mine-IA
New Delhi : Shri. Prasanna Kumar Motupalli, Chairman and Managing Director, NLC India Limited inaugurated the Visitors Gallery at Neyveli Lignite Mine-IA in the august presence of Shri. A. Rajasekhara Reddy, Executive Director/Mines, Shri. I. S. Jasper Rose, Executive Director/ Conveyor, Land, LTM & Mine-III, Shri. G. Srinivas, Executive Director/Civil & Contracts/Mines, Senior Officials, Executives and Employees of NLCIL. : psuconnect.in
PM lays foundation stone for 1st phase of NLC India’s Talabira power project in Odisha
New Delhi : PM lays foundation stone for 1st phase of NLC India’s Talabira power project in Odisha. : Economic Times
PM to inaugurate and lay foundation stone of projects worth over Rs. 1330 crores in Viksit Bharat, Viksit Goa 2047 programme
New Delhi : Prime Minister Narendra Modi will visit Goa on 6th February, 2024. At around 10:30 AM, Prime Minister will inaugurate ONGC Sea Survival Centre. At around 10:45 AM, he will inaugurate India Energy Week 2024. Thereafter, at around 2:45 PM, he will participate in the Viksit Bharat, Viksit Goa 2047 programme. : Sarkaritel.com
Waaree Renewables Technologies Wins Rs 547.5 Crore EPC Order
New Delhi : Waaree Renewables Technologies Wins Rs 547.5 Crore EPC Order. : saurenergy.com
Tamil Nadu Cements Corporation Issues Tender For 20 MW Solar Plant at Virudhunagar Cement Work Site
New Delhi : Tamil Nadu Cements Corporation Issues Tender For 20 MW Solar Plant at Virudhunagar Cement Work Site. : saurenergy.com
SJVN Tenders 1.5 GW Wind-Solar Hybrid Projects
New Delhi : SJVN Tenders 1.5 GW Wind-Solar Hybrid Projects. : mercomindia.com
MNRE Designate Central Agencies to Accelerate Rooftop Solar Adoption in States
New Delhi : MNRE Designate Centr.al Agencies to Accelerate Rooftop Solar Adoption in States : mercomindia.com
Sunshine, wind and AI help Adani Electricity ‘curb’ Mumbaikars’ power bills
Mumbai : The Adani Electricity Mumbai Ltd is in its endeavour to ease the consumer’s stress in Mumbai is making good use of abundant bright sunshine, merrily blowing winds and a smart dosage of ‘Artificial Intelligence’. : Sarkaritel.com
PM Suryodaya Yojana: Know about Centre’s scheme to harness solar energy, empower the poor with ‘free electricity’
New Delhi : The ‘Pradhan Mantri Suryodaya Yojana’, launched by Prime Minister Narendra Modi on January 22 this year, is a path-breaking initiative aimed at making electricity bills of poor and middle class citizens ‘zero’ while helping them make substantial gains from the rooftops panels, installed on their terrace. : Sarkaritel.com
Working towards making electricity bills of households to zero: PM Modi
New Delhi : Prime Minister Narendra Modi on Sunday said that the government is working to bring the electricity bills of the households to zero. : Sarkaritel.com
US solar boom opens $2 billion Indian door to banned products from China
New Delhi : US solar boom opens $2 billion Indian door to banned products from China. : Economic Times
PM Suryodaya Yojana: Know about Centre’s scheme to harness solar energy, empower the poor with ‘free electricity’
New Delhi : PM Suryodaya Yojana: Know about Centre’s scheme to harness solar energy, empower the poor with ‘free electricity’. : Economic Times
Green energy shift: ‘1.3mn workers will need reskilling’
New Delhi : Green energy shift: ‘1.3mn workers will need reskilling’. : Economic Times
India’s coal production rises 10 percent in January
New Delhi : India’s coal production rises 10 percent in January. : Economic Times
Budget 2024: Solar power’s allocation rises by 110 per cent
New Delhi : Budget 2024: Solar power’s allocation rises by 110 per cent. : Economic Times
Empowering ‘Solar Didis’
New Delhi : India’s coal-mining states would benefit greatly from a distributed solar programme for rural women. Such a “Solar Didi Yojana” could be implemented in states such as Jharkhand and Chhattisgarh to ensure a just transition to a net-zero economy. : Business Standard
SJVN Issues Tender For 1500 MW Wind-Solar Hybrid ISTS Project
New Delhi : SJVN Issues Tender For 1500 MW Wind-Solar Hybrid ISTS Project. : saurenergy.com
Waaree Renewable Technologies bags solar project worth Rs 547 crore
New Delhi : Waaree Renewable Technologies bags solar project worth Rs 547 crore. : Economic Times
Govt focus to eliminate non-essential imports of coal: Pralhad Joshi
New Delhi : Govt focus to eliminate non-essential imports of coal: Pralhad Joshi. : Economic Times
Floating solar plants on water bodies to power Assam’s plan for 1,000 MW in 3 years
New Delhi : Floating solar plants on water bodies to power Assam’s plan for 1,000 MW in 3 years. : Economic Times
Himachal Pradesh: 475 roads blocked; power and water schemes disrupted due to snowfall
Shimla : Himachal Pradesh: 475 roads blocked; power and water schemes disrupted due to snowfall. : Economic Times
Alpex Solar’s IPO to open on 8 February 2024
New Delhi : Alpex Solar’s IPO to open on 8 February 2024. : Economic Times
Crisil upgrades rating on Adani Power bank loan facilities
New Delhi : Crisil Ratings has upgraded its ratings on Adani Power’s Rs 38,000 crore of bank loan facilities to ‘AA-‘, saying the business and financial risk profile of the company has seen “strong improvement”. : Economic Times
US solar boom opens $2 billion India door to banned products from China
New Delhi : US efforts to promote the expansion of India’s solar industry may have opened a back door to components made with forced labour in China. : Mint
EESL launches Beta version of e-commerce platform
New Delhi : State-owned EESL on Monday announced the launch of the Beta version of its e-commerce platform that will offer affordable energy-efficient appliances and solutions to customers. : psuwatch.com
Ms. Sangeeta Kaushik appointed MD of Bangladesh-India Friendship Power Company
New Delhi : Ms. Sangeeta Kaushik has been appointed for the role of Managing Director at Bangladesh-India Friendship Power Company [Pvt] Ltd. : psuconnect.in
Tamil Nadu Forms New Green Company TNGECL From TEDA And Tangedco
New Delhi : Tamil Nadu Forms New Green Company TNGECL From TEDA And Tangedco. : saurenergy.com
Tata Power Solar Cross ? 3,500 Cr Customer Financing Bolstering Solar Adoption
New Delhi : Tata Power Solar Cross ? 3,500 Cr Customer Financing Bolstering Solar Adoption. : saurenergy.com
Solar Power Generation In Europe To Rise by 50 TW in 2024, Germany To Lead The Way
New Delhi : Solar Power Generation In Europe To Rise by 50 TW in 2024, Germany To Lead The Way. : saurenergy.com
MES Floats Tender for 1.33 MW Solar Projects at Jaipur Military Station
New Delhi : MES Floats Tender for 1.33 MW Solar Projects at Jaipur Military Station. : mercomindia.com
Assam Floats Tender for 25 MW Solar Project at Thermal Power Plant
New Delhi : Assam Floats Tender for 25 MW Solar Project at Thermal Power Plant. : mercomindia.com
TERI to launch green-shipping portal, policy briefs for sustainable, climate-resilient practices
New Delhi : During the World Sustainable Development Summit in New Delhi this week, The Energy and Resources Institute (TERI) will launch a green-shipping portal to track practices by ports across the country and collate all information available at national and international levels for ports and shipping practices. : Mint
Oil and Gas
” New Delhi : Prime Minister Narendra Modi will visit Goa on Tuesday to inaugurate the India Energy Week 2024 to be attended by energy ministers of 17 countries and CEOs of global oil and gas giants, the PMO said on Monday.” : Sarkaritel.com
” New Delhi : India Energy Week, 2024, will bring the energy ministers from across the energy producing world and key decision-makers in the oil and gas market under one roof.Key Ministers of Energy Producing Nations to participate in India Energy Week 2024 in Goa” : Sarkaritel.com
ONGC, IOC, other oil PSUs to invest INR 1.2 lakh crore in FY25
New Delhi : ONGC, IOC, other oil PSUs to invest INR 1.2 lakh crore in FY25. : Economic Times
IOC, BPCL, HPCL post Rs 69k cr net profit in Apr-Dec, higher than pre-oil crisis annual earnings
New Delhi : State-owned fuel retailers Indian Oil Corporation, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd reported bumper profit totalling over Rs 69,000 crore in the first nine months of the current fiscal which far exceeded their annual earning in pre-oil crisis years. : Economic Times
India Energy Week a unique platform for energy sector transformation: IGL
New Delhi : India Energy Week a unique platform for energy sector transformation: IGL. : Economic Times
GAIL’s stronger-than-expected Q3FY24 performance may be priced in
New Delhi : GAIL reported Ebitda of Rs 3,820 crore in the October-December quarter (Q3FY24), driven by stronger-than-expected performances in the gas transmission, LPG, and petchem segments. : Business Standard
IEW 2024: IOC wants to supply 1/8th of India’s energy requirements by 2050, says CMD
New Delhi : Indian Oil Corporation wants to be India’s leading energy supplier, supplying 1/8th of India’s energy needs by 2050, increasing its contribution from 9 percent to 12.5 percent and is also planning a ramp-up of its refining capacity to achieve the goal, Chairman and Managing Director (CMD) SM Vaidya told PSU Watch. : psuwatch.com
GAIL celebrates the successful completion of DAPL project, a key part of Urja Ganga Project
New Delhi : The successful completion of the DAPL, a key part of the PM Urja Ganga Project significantly enhances connectivity with the Dharma LNG Terminal. Both DAPL and NJPL contribute to the National Gas Grid, supplying natural gas to Odisha, Maharashtra, Chattisgarh, and MP in line with the government’s vision to increase the gas share in the fuel energy to around 15% by 2030. : psuconnect.in
IOC, BPCL, HPCL post Rs 69k crore net profit in Apr-Dec, higher than pre-oil crisis annual earning
New Delhi : State-owned fuel retailers Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) reported bumper profit totalling over Rs 69,000 crore in the first nine months of the current fiscal which far exceeded their annual earning in pre-oil crisis years. : psuwatch.com
PM to inaugurate and lay foundation stone of projects worth over Rs. 1330 crores in Viksit Bharat, Viksit Goa 2047 programme
New Delhi : Prime Minister Narendra Modi will visit Goa on 6th February, 2024. At around 10:30 AM, Prime Minister will inaugurate ONGC Sea Survival Centre. At around 10:45 AM, he will inaugurate India Energy Week 2024. Thereafter, at around 2:45 PM, he will participate in the Viksit Bharat, Viksit Goa 2047 programme. : Sarkaritel.com
Key Producers of Energy Producing Nations to participate in India Energy Week 2024 in Goa
New Delhi : India Energy Week, 2024, will bring the energy ministers from across the energy producing world and key decision-makers in the oil and gas market under one roof. The IEW platform would serve as a conducive space for collaboration on policies, based on exchange of experiences, to usher the world into a cleaner future. : Sarkaritel.com
Oil steady as Mideast strikes compete with rate cuts caution
New Delhi : Oil steady as Mideast strikes compete with rate cuts caution. : Economic Times
Opinion: Asia LNG imports are robust, but record supply keeps spot prices muted
New Delhi : Opinion: Asia LNG imports are robust, but record supply keeps spot prices muted. : Economic Times
L&T bags onshore project from IndianOil Adani Ventures
New Delhi : L&T bags onshore project from IndianOil Adani Ventures. : Economic Times
Russian oil facilities hit by drone attacks, fires
New Delhi : Russia energy infrastructure has been hit by drone attacks and fires in the past month, adding to uncertainty in global oil and gas markets already rocked by the conflict in the Middle East. : Economic Times
India Energy Week: Focus on energy security, transition, alternate fuels
New Delhi : The second edition of India Energy Week kicks off in Goa on 6 February with participation from global oil majors including Russia’s Rosneft and Saudi Arabia’s Saudi Aramco. : Mint
IEX total trade volume grows 26% to 10,893 MUs in Jan
New Delhi : The Indian Energy Exchange’s (IEX) total trade volume rose 26 percent year-on-year to 10,893 million units in January 2024. It had recorded 8,639 million units (MU) trade volume in January 2023, the power exchange said in a statement. : psuwatch.com
Oil major PSUs willing to invest Rs 1.2 lakh crore in FY25
New Delhi : According to the Budget 2024-25 data, the proposed investments are 5 percent higher than Rs 1.12 lakh crore spent in the previous budget year by the state-owned oil firms ending March 31. ONGC plans to spend a capital amount of Rs 30,800 crore in the next fiscal year. : psuconnect.in
India’s Russian oil import hits 12-month low but long-term appetite remains intact
New Delhi : India’s Russian oil import hits 12-month low but long-term appetite remains intact. : Economic Times
Govt allocates Rs 455 crore for green hydrogen pilot projects in steel sector
New Delhi : Govt allocates Rs 455 crore for green hydrogen pilot projects in steel sector. : Economic Times
PM Modi to inaugurate India Energy Week 2024, new campus of National Institute of Technology Goa on Feb 6
New Delhi : PM Modi to inaugurate India Energy Week 2024, new campus of National Institute of Technology Goa on Feb 6. : Economic Times
No adverse impact of Red Sea crisis so far on India’s trade
New Delhi : No adverse impact of Red Sea crisis so far on India’s trade. : Economic Times
Adani Total Gas and INOXCVA collaborate to strengthen LNG ecosystem in India
New Delhi : Adani Total Gas Ltd (ATGL) and INOX India Ltd (INOXCVA), have entered into a mutual support agreement under which ATGL and INOXCVA get “preferred partner” status for the delivery of LNG and LCNG equipment and services for identifying and exploring possible collaboration opportunities for strengthening the LNG ecosystem in the country. : Economic Times
Oil prices steady after sharp decline last week, Brent crude at $77.43 bbl
New Delhi : Oil prices remained steady on Monday, February 5, as a strong U.S. job report which curbed sharp falls last week dampened hopes of swift rate cuts, but a U.S. pledge to continue air strikes in the Middle East kept geopolitical tensions high. : Mint
L&T bags ‘large’ contract for hydrocarbon biz from IndianOil Adani Ventures
New Delhi : Larsen and Tourbo (L&T) on Monday said its Hydrocarbon Business (L&T Energy Hydrocarbon – LTEH) has bagged a large onshore project from IndianOil Adani Ventures Limited. : Business Standard
Govt making constant efforts to keep CNG prices under control: Puri
New Delhi : The government is making constant efforts to bring the prices of compressed natural gas under control and has delinked Indian gas prices from four international hubs based in US, Canada, UK and Russia, and aligned them to the Indian crude basket, Oil Minister Hardeep Puri informed the Rajya Sabha. : psuwatch.com
Three oil refining PSU reports Rs 69,000 crore net profit in Previous 9 months, exceeding annual earnings
New Delhi : Public sector Oil major companies have reported a consolidated profit of over Rs 69,000 crore in the period of April-December which concurrently exceeded the annual earnings of the same worth Rs 39,356 crore in pre-oil crisis year. The profit is estimated for the IOCL, BPCL, and HPCL, together. : psuconnect.in
L&T Wins Contract for Hydrocarbon Business from IndianOil AVL
Mumbai : The Hydrocarbon vertical (L&T Energy Hydrocarbon – LTEH) of Larsen & Toubro (L&T) has recently secured a large onshore project from IndianOil Adani Ventures Limited. : psuconnect.in
