09-Feb-2024
Power
PFC Group reported PAT of Rs. 18,905 crores in 9M’24 vis-à-vis Rs. 15,050 crores in 9M’23, an increase of 26%
New Delhi : PFC Group reported PAT of Rs. 18,905 crores in 9M’24 vis-à-vis Rs. 15,050 crores in 9M’23, an increase of 26%. Consolidated Net worth (including non-controlling interest) increased by 20% from Rs. 1,06,143 crores as on 31.12.2022 to Rs. 1,27,841 crores as on 31.12.2023. : Sarkaritel.com
PFC Group reported an increase of 26% in PAT of Rs. 18,905 crores Achieves impressive double-digit loan growth of 16%
New Delhi : PFC Group reported PAT of Rs. 18,905 crores in 9M’24 vis-à-vis Rs. 15,050 crores in 9M’23, an increase of 26%. Consolidated Net worth (including non-controlling interest) increased by 20% from Rs. 1,06,143 crores as on 31.12.2022 to Rs. 1,27,841 crores as on 31.12.2023. : newsmantra.in
Power Finance Corporation Q3 Net Profit Rises 20% To Rs 6,294 ‘rore
New Delhi : State-owned Power Finance Corporation on Thursday said it has posted an over 20 per cent rise in its consolidated net profit to Rs 6,294.44 crore in the December quarter, on the back of higher revenues. : Outlook
Power Finance Corporation Q3 result: Net profit rises 20% to Rs 6,294 crore
New Delhi : State-owned Power Finance Corporation on Thursday said it has posted an over 20 per cent rise in its consolidated net profit to Rs 6,294.44 crore in the December quarter, on the back of higher revenues. : Business Standard
Power Finance Corporation Q3 net profit rises 20% to Rs 6,294 crore
New Delhi : State-owned Power Finance Corporation on Thursday said it has posted an over 20 per cent rise in its consolidated net profit to Rs 6,294.44 crore in the December quarter, on the back of higher revenues. : Zeebiz
PFC POSTS ANOTHER SUCCESSFUL Q3/9M’24 WITH 26% GROWTH AT RS. 8,113 CR IN PROFITS
New Delhi : PFC posted another successful Q3/9M’24 with 26% growth at Rs. 8,113 cr earned profit. Under consolidated financials PFC Group PAT stands at Rs. 18,905 crores in 9M’24 vis-à-vis Rs. 15,050 crore in 9M’23, indicating a growth of 26%. : globalgreenews.com
Power Finance Dividend 2024 Record Date! PSU Firm Declares Dividend; PFC Dividend Payment Date, Q3 Results
New Delhi : Power Finance Dividend 2024 Record Date! PSU Firm Declares Dividend; PFC Dividend Payment Date, Q3 Results. : timesnownews
Power Grid Corporation net profit rises 11% to Rs 4,028 crore in quarter 3
New Delhi : Power Grid Corporation net profit rises 11% to Rs 4,028 crore in quarter 3. : Economic Times
India’s solar power potential estimated at 748 GW; Rajasthan tops, J&K 2nd
New Delhi : India’s total solar energy potential has been estimated at 748 GWp (Giga Watt peak), Union Minister for New & Renewable Energy and Power, R.K. Singh, informed the Parliament on Wednesday. : Sarkaritel.com
NTPC aims to add 16k MW coal-based power capacity
New Delhi : State-owned NTPC aims to add around 16,000 MW of coal-based power capacity in the next few years, in line with the Centre’s view of adding more thermal capacities by FY32 to meet India’s rising demand. : Economic Times
PFC Q3 net profit rises 20% to Rs 6,294 crore
New Delhi : State-owned Power Finance Corporation (PFC) on Thursday said it has posted an over 20 percent rise in its consolidated net profit to Rs 6,294.44 crore in the December quarter, on the back of higher revenues. : psuwatch.com
PFC Records 20% Rise in Q3 Net Profit
New Delhi : PFC Group reported PAT of Rs. 18,905 crores in 9M’24 vis-à-vis Rs. 15,050 crores in 9M’23, an increase of 26%. : psuconnect.in
Power Grid Q3 results, net profit stood at Rs 4,028 crore
New Delhi : Power Grid Corporation has announced its quarterly results with a surge of 10 percent in its consolidated net profit standing at Rs 4028 crore, compared to Rs 3,645 crore posted in the corresponding quarter of the previous fiscal year. : psuconnect.in
Mukesh Agrawal assumes charge as Director (Finance) of Coal India
New Delhi : Mukesh Agrawal has taken over as Director (Finance) Coal India Limited (CIL), a Maharatna PSU under the Ministry of Coal, on Thursday. Prior to assuming the top position in Coal India’s finance division he was Executive Director of NLC India Limited, the Tamil Nadu-based lignite-producing major which also has significant footprint in thermal and renewable generation. : psuwatch.com
India is scorning the energy bounty that transformed China
New Delhi : India is scorning the energy bounty that transformed China. : Economic Times
Inox Wind bags 1,500 MW wind energy order from CESC
New Delhi : Inox Wind bags 1,500 MW wind energy order from CESC. : Economic Times
Discoms outstanding dues reduce to Rs 50,000 cr in Jan: Power Minister
New Delhi : Total outstanding dues of power distribution companies have come down to around Rs 50,000 crore following the implementation of Electricity (LPS and Related Matters) Rules, 2022, Parliament was informed Thursday. : Economic Times
Adani Power wins bid for Lanco Amarkantak at ?4,101 crore
Mumbai : Adani Power was declared the winning bidder for debt-laden Lanco Amarkantak Power, offering ?4,101 crore at the auction held Wednesday, said people with knowledge of the matter. : Economic Times
India to Start Supplying Gas for Sri Lankan Power Plants in 2025
New Delhi : India to Start Supplying Gas for Sri Lankan Power Plants in 2025 : Mint
Inox Wind bags 1,500 MW wind energy order from CESC
New Delhi : Wind energy solution provider Inox Wind has bagged an order for the supply of 1,500 MW wind energy from CESC Ltd. : psuwatch.com
Over 10,000 MW solar projects commissioned; India’s total solar potential at 748 GWp: R. K. Singh
New Delhi : Over 10,000 MW solar projects commissioned; India’s total solar potential at 748 GWp: R. K. Singh. : Economic Times
Jharkhand govt decides to increase free power limit to 125 units a month
New Delhi : Jharkhand govt decides to increase free power limit to 125 units a month. : Economic Times
Yogi govt to develop 17 major cities of UP as solar cities along with Ayodhya and Varanasi
New Delhi : Yogi govt to develop 17 major cities of UP as solar cities along with Ayodhya and Varanasi. : Economic Times
SJVN gets LoI for 200 MW solar project form Gujarat Urja Vias Nigam
New Delhi : SJVN gets LoI for 200 MW solar project form Gujarat Urja Vias Nigam. : Economic Times
DISCOMS outstanding dues reduce to Rs 50,000 crore in Jan: Power Minister
New Delhi : Total outstanding dues of power distribution companies have come down to around Rs 50,000 crore following the implementation of Electricity (LPS and Related Matters) Rules, 2022, Parliament was informed Thursday. : psuwatch.com
Inox Wind Signs Pact For India’s Single Largest 1500 MW Order from CESC
New Delhi : Inox Wind Signs Pact For India’s Single Largest 1500 MW Order from CESC. : saurenergy.com
L&T Construction Wins 75MW Order For Floating PV In Jharkhand
New Delhi : L&T Construction Wins 75MW Order For Floating PV In Jharkhand. : saurenergy.com
SJVN Receives LoI For 200 MW Solar Power Project From GUVNL
New Delhi : SJVN Receives LoI For 200 MW Solar Power Project From GUVNL. : saurenergy.com
Rooftop Solar: Rajasthan Regulator Increases Net-Metering Limit To 1MW
New Delhi : Rooftop Solar: Rajasthan Regulator Increases Net-Metering Limit To 1MW. : saurenergy.com
IREDA Receives RBI Nod to set up Subsidiary in Gift City
New Delhi : Indian Renewable Energy Development Agency Ltd. (IREDA) today received approval (No-Objection letter) from the Reserve Bank of India (RBI) to set up its wholly owned subsidiary in the International Financial Services Centre (IFSC) situated in GIFT City, Gujarat. : psuconnect.in
Oil and Gas
” New Delhi : Minister for Petroleum and Natural Gas and Housing & Urban Affairs Hardeep Singh Puri today complimented Oil India Ltd (OIL) and its subsidiary Numaligarh Refinery Ltd for their strategic work and path breaking initiatives, which are helping India secure its energy requirements.” : Sarkaritel.com
” New Delhi : Union Minister of Petroleum & Natural Gas and Housing & Urban Affairs, Hardeep Singh Puri today commended the technology, innovations showcased at the second edition of India Energy Week 2024 in Goa. While briefing the media on sidelines of IEW 2024, Union Minister Puri also highlighted some of the innovations showcased including ‘Tamper Proof’ cooking gas cylinder with QR code and diesel engine manufactured for the US market.” : Sarkaritel.com
India’s global demand centre status provides us with arbitrage opportunities in natural gas procurement: MoPNG Secretary
New Delhi : India’s emergence as the demand centre for energy in the world provides arbitrage opportunities around the globe for procuring natural gas, Pankaj Jain, Secretary, Ministry of Petroleum & Natural Gas said while speaking at the Spotlight Session titled ‘India – a blueprint of energy transition for emerging economies’ at India Energy Week (IEW) 2024 in Goa. : Sarkaritel.com
Oil India eyes GIFT City subsidiary, sets Rs 6K cr investment for FY25 oil boost
New Delhi : Oil India eyes GIFT City subsidiary, sets Rs 6K cr investment for FY25 oil boost. : Economic Times
Oil India seeking foreign technology partner for first offshore foray
New Delhi : Eyeing exploration and production off the Andaman and Nicobar Islands, Oil India Limited will soon launch roadshows in Abu Dhabi to attract foreign partners, chairman of the company Ranjit Rath told Business Standard on the sidelines of the ongoing 2024 India Energy Week (IEW) here. : Business Standard
OVL Looking to Operate Oil Projects in Venezuela after US Lifts Sanctions
New Delhi : OVL Looking to Operate Oil Projects in Venezuela after US Lifts Sanctions. : Mint
India Energy Week 2024: OVL likely to lift more crude from Venezuela
New Delhi : ONGC Videsh (OVL) is in advanced-level talks with Venezuela to consistently procure crude oil cargoes in lieu of its massive amount of dividends stuck in the country, OVL Managing Director and Chief Executive Officer (CEO) Rajarshi Gupta told reporters on the sidelines of the ongoing 2024 India Energy Week. : Business Standard
Govt crafts policy to boost green hydrogen for round-the-clock renewable energy
New Delhi : Govt crafts policy to boo.st green hydrogen for round-the-clock renewable energy : Economic Times
LNG as future transport fuel: India-Netherlands report highlights roadmap
New Delhi : LNG as future transport fuel: India-Netherlands report highlights roadmap. : Economic Times
BPCL launches EPA-grade diesel in strategic move to boost India’s energy sector
New Delhi : BPCL launches EPA-grade diesel in strategic move to boost India’s energy sector. : Economic Times
India’s fuel demand rises 8.2% y/y in January
New Delhi : India’s fuel demand rises 8.2% y/y in January. : Economic Times
ExxonMobil to explore for oil and gas in offshore area under dispute by Guyana and Venezuela
New Delhi : ExxonMobil to explore for oil and gas in offshore area under dispute by Guyana and Venezuela. : Economic Times
Big Oil offers record returns to lure investors back
New Delhi : Big Oil offers record returns to lure investors back. : Economic Times
India Energy Week: “Aligning cost, efficiency, taxation key for natural gas uplift”
New Delhi : India Energy Week: “Aligning cost, efficiency, taxation key for natural gas uplift”. : Economic Times
India Energy Week to explore hydrogen economy and carbon strategies on Day 3
New Delhi : India Energy Week to explore hydrogen economy and carbon strategies on Day 3. : Economic Times
India going to be the global story on energy, says Petroleum Minister Hardeep Puri
New Delhi : India going to be the global story on energy, says Petroleum Minister Hardeep Puri. : Economic Times
IGL looking to set up 19 compressed biogas plants
New Delhi : Indraprastha Gas Limited (IGL), the nation’s biggest city gas operator, is looking to set up as many as 19 compressed biogas plants in four states as part of its efforts to expand business beyond natural gas and embrace cleaner forms of energy. : psuwatch.com
IEW 2024: Biofuel story resonates very strongly in the exhibits showcased here, says Puri
New Delhi : Speaking about India’s advancements in the energy sector on the sidelines of the India Energy Week (IEW) 2024 on Thursday, Union Minister of Petroleum and Natural Gas Hardeep Singh Puri said. : psuwatch.com
Indraprastha Gas signed MoU to set up compressed biogas plants
New Delhi : The significant partnerships aim to produce 0.45 million metric standard cubic meters per day of biogas from waste equivalent to approximately 5% of industrial gas requirements. In addition, the company has already agreed with other collaborators to enhance comprehensive initiatives towards promoting clean and renewable energy. : psuconnect.in
India’s Petronet to begin shipping LNG to Sri Lanka in 2025
New Delhi : India’s Petronet to begin shipping LNG to Sri Lanka in 2025. : Economic Times
Essar to speed up CBM plans; to raise output to 5 mmscmd in 3-4 years
New Delhi : Essar to speed up CBM plans; to raise output to 5 mmscmd in 3-4 years. : Economic Times
India wants multi-year oil purchase deal with Guyana: Guyana minister
New Delhi : India wants multi-year oil purchase deal with Guyana: Guyana minister. : Economic Times
India’s Bharat PetroResources looking for oil and gas assets in Brazil, West Africa
New Delhi : India’s Bharat PetroResources looking for oil and gas assets in Brazil, West Africa. : Economic Times
Bangladesh likely to sign another long-term LNG deal, buy more spot cargoes: adviser
New Delhi : Bangladesh likely to sign another long-term LNG deal, buy more spot cargoes: adviser. : Economic Times
BPCL launches “Pure for Sure” LPG initiative with QR code authentication
New Delhi : BPCL launches “Pure for Sure” LPG initiative with QR code authentication. : Economic Times
Essar Oil eyes 2X gas production from its coal bed methane block
New Delhi : Essar Oil and Gas Exploration & Production Ltd (EOGEPL) is aiming to more than double its gas production from its coal bed methane block in a little more than a year, its chief executive has said. : Economic Times
India to Start Supplying Gas for Sri Lankan Power Plants in 2025
New Delhi : India to Start Supplying Gas for Sri Lankan Power Plants in 2025 : Mint
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On February 8
New Delhi : Petrol, Diesel Prices Today On February 08, 2024: Each day at 6 am, petrol and diesel prices are unveiled, irrespective of whether they experience fluctuations or remain steady. This regular occurrence is managed by oil marketing companies (OMCs), who align prices with changes in global crude oil prices and foreign exchange rates. : news18.com
Price main impediment to adoption of natural gas: Petronet LNG MD
New Delhi : Quitol (South Goa): Stressing on the importance of pricing for increasing the adoption of natural gas and its share in India’s energy mix, Akshay Kumar Singh, MD & CEO, of Petronet LNG, said that unaffordable prices will force customers to switch to other fuels and destroy demand. : psuwatch.com
Oil India set to deliver Rs 6,000 crore investment in the next fiscal year
New Delhi : Public sector oil refinery Oil India Limited has announced to set up a target of investing Rs 6000 crore in the exploration and production of oil and gas in the FY25 to increase its oil production to 4MT. : psuconnect.in
