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MEDIA UPDATE (FEBRUARY 13, 2024)

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13-Feb-2024

Power

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” New Delhi : Country’s largest power generation company, NTPC Ltd, will host, Indian Power Stations O&M Conference (IPS 2024) at Raipur from 13th to 15th February 2024.” : Sarkaritel.com

NHPC Q3 results: Profit declines 19% to Rs 628 crore on higher expenses

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New Delhi : State-owned NHPC on Monday posted a 19 per cent fall in its consolidated net profit to Rs 628.44 crore for the October-December quarter of 2023-24 due to higher expenses. : Business Standard

India’s power sector witnesses 60% growth, emerges as top investment destination since 2014-15: R. K. Singh

New Delhi : India’s power sector witnesses 60% growth, emerges as top investment destination since 2014-15: R. K. Singh. : Economic Times

NHPC Q3 net profit falls by 19pc to Rs 628 crore

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New Delhi : NHPC Q3 net profit falls by 19pc to Rs 628 crore. : Economic Times

Govt announces new centre for energy transition in collaboration with TERI

New Delhi : Govt announces new centre for energy transition in collaboration with TERI. : Economic Times

Coal India Q3 results: PAT rises to ?9,069 crore, interim dividend of ?5.25 per share announced

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New Delhi : Coal India on Monday announced a notable 17 percent increase in its consolidated net profit, amounting to ?9,069 crore for the quarter ending on December 31, 2023, compared to ?7,755 crore recorded in the corresponding period of the previous year. : Mint

NHPC Q3 net profit falls by 19% to Rs 628 crore

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New Delhi : NHPC Limited on Monday posted a 19 percent fall in its consolidated net profit to Rs 628.44 crore for the October-December quarter of 2023-24 due to higher expenses. : psuwatch.com

Coal India net profit rises 17% to Rs 9,069 crore in Q3

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New Delhi : Coal behemoth Coal India Limited (CIL) on Monday reported a 16.9 percent rise in consolidated net profit to Rs 9,069.19 crore for the December quarter. : psuwatch.com

Sterlite Power bags ?2400 crore funding for green energy corridor project

New Delhi : Sterlite Power bags ?2400 crore funding for green energy corridor project. : Economic Times

Yogi to equip 13 govt industrial training institutes with solar energy

New Delhi : The Yogi Adityanath government in Uttar Pradesh has started the process of equipping 13 government industrial training institutes with solar energy infrastructure. : Sarkaritel.com

Nextracker, SWRE collaborate on 1.875 GW solar projects in Gujarat; global ties exceed 5GW

New Delhi : Nextracker, SWRE collaborate on 1.875 GW solar projects in Gujarat; global ties exceed 5GW. : Economic Times

Inox Wind to register profit over next few quarters on favourable market: INOXGFL

New Delhi : Inox Wind to register profit over next few quarters on favourable market: INOXGFL. : Economic Times

India’s power sector witnesses 60% growth, emerges as top investment destination since 2014-15: R. K. Singh

New Delhi : India’s power sector witnesses 60% growth, emerges as top investment destination since 2014-15: R. K. Singh. : Economic Times

No subsidised power to ministers, govt staff: Assam CM

Guwahati : No subsidised power to ministers, govt staff: Assam CM. : Economic Times

IndiGrid plans to raise Rs 1,000 crore for acquisitions, debt rejig

New Delhi : Global investment firm KKR-backed India Grid Trust (IndiGrid), an infrastructure investment trust, is planning to raise Rs 1,000 crore via non-convertible debentures (NCDs) to finance acquisitions and repayment of existing debt. : Business Standard

Tata Power Q3 Results- EBITDA Up 15% to Rs 3250 crore

New Delhi : Tata Power Q3 Results- EBITDA Up 15% to Rs 3250 crore. : saurenergy.com

Sterlite Announces Fin Closure For Beawar Project From REC

New Delhi : Sterlite Announces Fin Closure For Beawar Project From REC. : saurenergy.com

Singapore, UK, Mauritius, UAE Biggest Solar Investors In India: R.K Singh

New Delhi : Singapore, UK, Mauritius, UAE Biggest Solar Investors In India: R.K Singh. : saurenergy.com

SJVN Green Invites Bids for Transmission Lines for Two Solar Projects

New Delhi : SJVN Green Invites Bids for Transmission Lines for Two Solar Projects. : mercomindia.com

Power ministry directs states, UTs to align with resource adequacy guidelines amid rising demand

New Delhi : Power ministry directs states, UTs to align with resource adequacy guidelines amid rising demand. : Economic Times

MNRE brings back ALMM for solar modules; to be in effect from 1 April 2024

New Delhi : MNRE brings back ALMM for solar modules; to be in effect from 1 April 2024. : Economic Times

NHPC Q3 net profit falls by 19pc to Rs 628 crore

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New Delhi : NHPC Q3 net profit falls by 19pc to Rs 628 crore. : newsdrum.in

NHPC Q3 Results: Net profit falls by 19% to Rs 628 crore

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New Delhi : NHPC Q3 Results: State-owned NHPC on Monday posted a 19 per cent fall in its consolidated net profit to Rs 628.44 crore for the October-December quarter of 2023-24 due to higher expenses. : Zeebiz

Hartek Power bags ?113 crore solar project in Bihar from SJVN Green Energy

New Delhi : Hartek Power bags ?113 crore solar project in Bihar from SJVN Green Energy. : Economic Times

Alpex Solar IPO records 303 times subscription till final day bidding

New Delhi : Alpex Solar IPO records 303 times subscription till final day bidding. : Economic Times

Enhancing the effectiveness of government incentives for energy storage systems

New Delhi : Enhancing the effectiveness of government incentives for energy storage systems. : Economic Times

Chhattisgarh inaugurates biggest solar energy plant in Rajnandgaon

New Delhi : Chhattisgarh inaugurates biggest solar energy plant in Rajnandgaon. : Economic Times

Coal samples stolen from Singaji thermal power plant

New Delhi : Coal samples stolen from Singaji thermal power plant. : Economic Times

Sterlite Power announces financial closure of Rs 2,400-cr Beawar transmission project from REC Ltd

New Delhi : Sterlite Power announces financial closure of Rs 2,400-cr Beawar transmission project from REC Ltd. : Economic Times

IREDA and IIT Bhubaneswar collaborate for sustainable development in renewable energy

New Delhi : IREDA and IIT Bhubaneswar collaborate for sustainable development in renewable energy. : Economic Times

Nextracker, Sterling & Wilson Renewable Energy’s solar project tie-up

New Delhi : Nasdaq-listed Nextracker will supply solar trackers to Sterling & Wilson Renewable Energy (SWRE) for about 1.87 GW of solar power capacity. : Mint

Tata Power dips 6% on profit booking post Q3 results

New Delhi : Shares of Tata Power Company dipped 6 per cent to Rs 367.40 on the BSE in Mondays intraday trade on profit booking after the company reported a flat consolidated profit after tax (PAT) of Rs 1,076 crore for the December quarter (Q3FY24). : Business Standard

Budget 2024-2025: Key announcements and impact on energy sector

New Delhi : Budget 2024-2025: Key announcements and impact on energy sector. : Economic Times

Apraava Energy bags new transmission Project in Madhya Pradesh

New Delhi : Apraava Energy bags new transmission Project in Madhya Pradesh. : Economic Times

Hartek Power To Develop 75MW Solar Plant In Bihar’s Jamui

New Delhi : Hartek Power To Develop 75MW Solar Plant In Bihar’s Jamui. : saurenergy.com

Apraava Energy Bags New Energy Transmission Project In Madhya Pradesh

New Delhi : Apraava Energy Bags New Energy Transmission Project In Madhya Pradesh. : saurenergy.com

Puducherry Invites Bids For 225 MW Rooftop Solar Projects

New Delhi : Puducherry Invites Bids For 225 MW Rooftop Solar Projects. : saurenergy.com

India’s Solar Power Generation Up 10% YoY in 2023 Despite Lower Capacity Additions

New Delhi : India’s Solar Power Generation Up 10% YoY in 2023 Despite Lower Capacity Additions. : mercomindia.com

Four Companies Wn 4 MW Tender for Rooftop Solar Projects in Chandigarh

New Delhi : Four Companies Wn 4 MW Tender for Rooftop Solar Projects in Chandigarh. : mercomindia.com


Oil and Gas

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” New Delhi : Rajarhri Gupta Managing Director, ONGC Videsh Limited Speaking on achieving Net Zero, Expansion and Future Plans during India Energy Week 2024.” : Sarkaritel.com

BPCL plans an oil trading desk in Singapore, Dubai

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New Delhi : State-run Bharat Petroleum Corporation (BPCL) is planning to open a trading desk in Singapore or Dubai to expand its global reach, sourcing, and trade in crude oil as well as finished products, according to industry officials aware of the development. : Economic Times

India’s petroleum products demand to increase mid-single-digit percentage in 2023-24: Fitch

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New Delhi : India’s demand for petroleum products is likely to increase by a mid-single-digit percentage in the financial year ending March 2024, following a 10 per cent post-pandemic recovery in 2022-23, according to Fitch Ratings. : Economic Times

Gas booming for UN COP29 host Azerbaijan

New Delhi : Gas booming for UN COP29 host Azerbaijan. : Economic Times

Chile on green hydrogen investment hunt in Europe

New Delhi : Chile on green hydrogen investment hunt in Europe. : Economic Times

Commissioning of India-assisted refinery in Mongolia by 2026: Ambassador

New Delhi : Commissioning of India-assisted refinery in Mongolia by 2026: Ambassador. : Economic Times

Indian Biogas Association pitches for Rs 30k cr investment for compressed biogas plants

New Delhi : Indian Biogas Association pitches for Rs 30k cr investment for compressed biogas plants. : Economic Times

LNG Plant Near Boston May Avoid Closure as Utilities Seek Deals

New Delhi : A critical liquefied natural gas import terminal near Boston at risk of being shut may get a new lease on life, as two regional utilities pursue deals to source fuel from the facility. : Mint

Hero Future Energies to launch new green hydrogen projects in coming months

New Delhi : Hero Future Energies to launch new green hydrogen projects in coming months. : Economic Times

Budget 2024-2025: Key announcements and impact on energy sector

New Delhi : Budget 2024-2025: Key announcements and impact on energy sector. : Economic Times

Iraq committed to OPEC, will not produce more than 4 mln bpd

New Delhi : Iraq committed to OPEC, will not produce more than 4 mln bpd. : Economic Times

Gensol-Matrix Gas consortium wins hydrogen electrolyser manufacturing project under PLI

New Delhi : Gensol-Matrix Gas consortium wins hydrogen electrolyser manufacturing project under PLI. : Economic Times

‘Rich’ to ‘lean’, four price changes — the story of India’s largest gas import deal

New Delhi : ‘Rich’ to ‘lean’, four price changes — the story of India’s largest gas import deal. : Economic Times

Gensol, Matrix Gas consortium win PLI bid for 63-MW green hydrogen electrolyser capacity

New Delhi : Gensol, Matrix Gas consortium win PLI bid for 63-MW green hydrogen electrolyser capacity. : Economic Times

Capex on developing oilfields to drop below $3.5 billion in 2030

New Delhi : Capex on developing oilfields to drop below $3.5 billion in 2030. : Economic Times

THINK Gas signs agreement with Megha City Gas for natural gas supply in Bhopal

New Delhi : THINK Gas signs agreement with Megha City Gas for natural gas supply in Bhopal. : Economic Times

Oil prices slip after rally last week on Middle East conflict, brent crude at $81.65/ bbl

New Delhi : Oil prices slipped on Monday as investors indulged in some profit-taking after both benchmarks ended last week about 6% higher on Middle East tensions and as refining outages squeezed refined products markets. : Mint

Geopolitical crisis led to destruct global oil pricing after slow trade in Asia

New Delhi : Oil prices get to slow down in early Asian trade as a concluding escalation after a series of strikes in southern Gaza, that affected the supply ratio concerns within the Middle East. The geopolitical turmoil has instigated the global crude supply and its import as well. : psuconnect.in

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On February 12

New Delhi : Petrol, Diesel Prices Today On February 12, 2024: There is a slight decline in the prices of crude oil in the international market. At around 7 am on Monday morning, WTI crude is being sold at $ 76.38 per barrel. At the same time, Brent crude is trading at $ 81.76 per barrel. : news18.com

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