14-Feb-2024
Power
” New Delhi : Power Finance Corporation Ltd (PFC) and the Council on Energy, Environment and Water (CEEW) have announced a strategic collaboration to advance PFC’s commitment to becoming a leading net-zero financier, aligning with India’s ambitious 2070 Net Zero target. PFC is the largest financer of the renewable energy sector in India.” : Sarkaritel.com
” New Delhi : R.K. Singh, Minister of Power and New & Renewable Energy, virtually graced the inaugural ceremony of the Indian Power Stations O&M Conference (IPS 2024) hosted by NTPC in Raipur today.” : Sarkaritel.com
” New Delhi : A Quality Meet 2024 on the topic “ Assure Sustainability with Quality Assurance” was organized by Damodar Valley Corporation at Biswa Bangla Convention Centre, Kolkata on 12.02.2024. This meet is the first of its kind , being organized in DVC.” : Sarkaritel.com
PFC & CEEW FORGE STRATEGIC ALLIANCE TO PROPEL INDIA’S NET-ZERO TRANSITION AND ENHANCE CLEAN ENERGY FINANCE
New Delhi : Power Finance Corporation Ltd (PFC) and the Council on Energy, Environment and Water (CEEW) have announced a strategic collaboration to advance PFC’s commitment to becoming a leading net-zero financier, aligning with India’s ambitious 2070 Net Zero target. : globalgreenews.com
PFC and CEEW Partner for India’s Net Zero Drive
New Delhi : PFC and CEEW Partner for India’s Net Zero Drive. : newsip.in
PFC incorporates subsidiary at GIFT City in Gujarat
New Delhi : State-owned PFC Ltd on Tuesday said it has incorporated a wholly-owned subsidiary at the International Financial Services Centre (IFSC) GIFT City, Gujarat. : devdiscourse
PFC And CEEW Forge Strategic Alliance To Propel Net-Zero Transition
New Delhi : The power sector Maharatna, Power Finance Corporation Ltd (PFC) and the Council on Energy, Environment and Water (CEEW) have announced a strategic collaboration to advance PFC’s commitment to becoming a leading net-zero financier, aligning with India’s ambitious 2070 Net Zero target, according to a company Press note. : newsonair.com
PFC gets Reserve Bank nod to set up finance company in GIFT City
New Delhi : Power Finance Corporation (PFC) on Tuesday received approval from the Reserve Bank of India (RBI) to set up a wholly-owned finance company in the GIFT City in Gujarat. : ptinews.com
BHEL reports net loss of Rs 163 crore for Oct-Dec quarter
New Delhi : Bharat Heavy Electricals Ltd on Tuesday reported a standalone net loss of Rs 163 crore for the October-December quarter of the current financial year. : Sarkaritel.com
PFC gets Reserve Bank nod to set up finance company in GIFT City
New Delhi : Power Finance Corporation (PFC) on Tuesday received approval from the Reserve Bank of India (RBI) to set up a wholly-owned finance company in the GIFT City in Gujarat. : Economic Times
Trade unions have called for one day strike on Feb 16: CIL
New Delhi : Trade unions have called for one day strike on Feb 16: CIL. : Economic Times
Coal India net profit rises 17 pc to Rs 9,069 cr in Q3
New Delhi : Coal India net profit rises 17 pc to Rs 9,069 cr in Q3. : Economic Times
Sterlite Power gets Rs 2,400 cr funding from REC arm for Beawar project
New Delhi : Sterlite Power has secured Rs 2,400 crore funding from state-owned REC Power Development and Consultancy Ltd (RECPDCL) for its Beawar transmission project in Rajasthan. In a statement, Sterlite Power said “it has has successfully achieved financial closure for its Beawar Transmission Limited (BTL) project.” : Economic Times
PM Surya Ghar: Muft Bijli Yojana launched to boost solar power adoption
New Delhi : Prime Minister Narendra Modi unveiled the ‘PM Surya Ghar: Muft Bijli Yojana’ on Tuesday to accelerate solar power adoption and foster sustainable development ahead of the Lok Sabha 2024 elections. : Business Standard
REC subsidiary provides Rs 2,400 cr funding to Sterlite Power
New Delhi : Sterlite Power has secured Rs 2,400 crore funding from state-owned REC Power Development and Consultancy Ltd (RECPDCL) for its Beawar transmission project in Rajasthan. : psuwatch.com
NTPC commissions 14 MW of Ayodhya solar project
New Delhi : NTPC Limited on Tuesday said its green energy subsidiary has commissioned a 14 MW capacity of Ayodhya Solar Photovoltaic Project. : psuwatch.com
BHEL Q3 results out, Net loss reported around Rs 163 crore
New Delhi : Bharat Heavy Electricals Limited has announced its quarterly results for the December end. The company has posted a net consolidated loss of Rs 163 crore for the quarter as against a net profit of Rs 31 crore in the corresponding period of the previous fiscal year. : psuconnect.in
PM announces new scheme Surya Ghar Muft Bijli Yojana
New Delhi : To make the nation more sustainable in terms of well-being and development the Prime Minister has launched the productive scheme to invent a path toward the renewable approach. : psuconnect.in
Jakson Solar, Credit Fair Tie Up To Boost Rooftop Solar Financing
New Delhi : Jakson Solar, Credit Fair Tie Up To Boost Rooftop Solar Financing. : saurenergy.com
R K SINGH INAUGURATES NTPC’S INDIAN POWER STATIONS O&M CONFERENCE 2024
New Delhi : NTPC to double its capacity to 150 GW and become a global entity operating its power plants worldwide: Union Power and New & Renewable Energy Minister R. K. Singh. : globalgreenews.com
PFC, CEEW join hands to boost India’s net-zero efforts, enhance green finance
New Delhi : PFC, CEEW join hands to boost India’s net-zero efforts, enhance green finance. : Economic Times
PFC and CEEW Forge Strategic Alliance to Propel India’s Net-Zero Transition and Enhance Clean Energy Finance
New Delhi : Smt. Parminder Chopra, CMD, Shri Rajiv Ranjan Jha, Director (Projects) and Shri Manoj Sharma, Director (Commercial), PFC and Shri Arunabha Ghosh, CEO, CEEW during the MoU signing ceremony at PFC. : newsmantra.in
PFC and CEEW Forge Strategic Alliance to Propel India’s Net-Zero Transition
New Delhi : Power Finance Corporation Ltd (PFC) and the Council on Energy, Environment and Water (CEEW) have announced a strategic collaboration to advance PFC’s commitment to becoming a leading net-zero financier, aligning with India’s ambitious 2070 Net Zero target. : indianmandarins
PFC incorporates subsidiary at GIFT City in Gujarat
New Delhi : PFC incorporates subsidiary at GIFT City in Gujarat. : newsdrum.in
PFC INCORPORATES ITS WHOLLY OWNED SUBSIDIARY “’PFC INFRA FINANCE IFSC LIMITED.” IN GIFT CITY, GUJARAT
New Delhi : Power Finance Corporation Limited (PFC), the largest NBFC Group in India has incorporated its wholly owned subsidiary, PFC Infra Finance IFSC Limited, in the International Financial Services Centre (IFSC) GIFT City, Gujarat. This is a landmark development as PFC will be the first Govt. NBFC to establish a finance company in IFSC : globalgreenews.com
PM Modi launches Rs 75,000-cr rooftop solar scheme to provide free electricity
New Delhi : Prime Minister Narendra Modi on Tuesday launched the Rs 75,000 crore rooftop solar scheme for providing free electricity to consumers. : Sarkaritel.com
Power Finance Corporation Limited incorporates its wholly owned subsidiary “’PFC Infra Finance IFSC Limited” in GIFT City, Gujarat
New Delhi : Power Finance Corporation Limited (PFC), the largest NBFC Group in India has incorporated its wholly owned subsidiary, PFC Infra Finance IFSC Limited, in the International Financial Services Centre (IFSC) GIFT City, Gujarat. This is a landmark development as PFC will be the first Govt. NBFC to establish a finance company in IFSC. : Sarkaritel.com
PFC incorporates subsidiary at GIFT City in Gujarat
New Delhi : Power Finance Corporation (PFC) Limited Ltd on Tuesday said it has incorporated a wholly-owned subsidiary at the International Financial Services Centre (IFSC) GIFT City, Gujarat. : psuwatch.com
Credit Fair partners with Jakson Solar to offer solar energy financing in India
New Delhi : Credit Fair partners with Jakson Solar to offer solar energy financing in India. : Economic Times
BHEL Q3 Results: Loss rises to Rs 163 crore on soaring costs
New Delhi : BHEL Q3 Results: Loss rises to Rs 163 crore on soaring costs. : Economic Times
$2 trillion annual investment required to triple renewables by 2030: Report
New Delhi : $2 trillion annual investment required to triple renewables by 2030: Report. : Economic Times
PM Modi announces ‘PM Surya Ghar’ yojana to promote solar rooftops, investments pegged at ?75,000 cr
New Delhi : PM Modi announces ‘PM Surya Ghar’ yojana to promote solar rooftops, investments pegged at ?75,000 cr. : Economic Times
No more power connection to illegal constructions in Greater Noida
Greater Noida : No more power connection to illegal constructions in Greater Noida. : Economic Times
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
Opinion: Asia’s thermal coal imports slip from record as winter demand eases
New Delhi : Opinion: Asia’s thermal coal imports slip from record as winter demand eases. : Economic Times
Govt’s rooftop solar scheme gets a name; investment pegged at ?75,000 cr
New Delhi : The government on Tuesday officially launched the rooftop solar scheme that was announced in the interim budget. Named PM Surya Ghar: Muft Bijli Yojana, the scheme is projected to entail an investment of ?75,000 crore. : Mint
Adani Power, DAIT get CCI nod to acquire Coastal Energen
New Delhi : The Competition Commission of India (CCI) on Tuesday said it has approved a proposal to acquire a 100 per cent stake in Coastal Energen Pvt Ltd by Adani Power Ltd and Dickey Alternative Investment Trust. : Economic Times
Fortum Picks winner for India Solar Assets
New Delhi : Fortum Picks winner for India Solar Assets. : Mint
SECI, NSEFI organise international conference on solar thermal technologies
New Delhi : Solar Energy Corporation of India (SECI) and National Solar Energy Federation of India (NSEFI) have organised a two-day International conference on solar thermal technologies to deliberate on solar thermal and concentrated solar power storage integration with renewable technologies. : psuwatch.com
BHEL reports Rs 149 crore net loss in Q3
New Delhi : Bharat Heavy Electricals Limited (BHEL) on Tuesday posted a consolidated net loss of Rs 148.77 crore for the third quarter ended December 2023, impacted by higher expenses. : psuwatch.com
NHPC Q3 results declared, Net profit declined by 27% to stand at Rs 491.90 crore
New Delhi : The company had reported a net profit of Rs 775.99 crore in the corresponding period of the previous fiscal year. The company’s total income also fell to Rs 2549.69 crore in the respective quarter as against Rs 2691.34 crore in the previous year. : psuconnect.in
DVC organized Quality Meet 2024
New Delhi : A Quality Meet 2024 on the topic “ Assure Sustainability with Quality Assurance” was organized by Damodar Valley Corporation at Biswa Bangla Convention Centre, Kolkata on 12.02.2024. : psuconnect.in
Coal India Invites EoI For Its Upcoming Solar PV Projects
New Delhi : Coal India Invites EoI For Its Upcoming Solar PV Projects. : saurenergy.com
PM Modi announces PM Surya Ghar Muft Bijli Yojana, launches website for scheme
New Delhi : Prime Minister Narendra Modi has formally announced the launch of PM Surya Ghar: Muft Bijli Yojana with an investment of over Rs 75,000 crore on Tuesday. : psuwatch.com
Oil and Gas
” New Delhi : Hindustan Petroleum Corporation Limited (HPCL) stands tall and proud as it commemorates a triumphant display of innovation and sustainability at India Energy Week-2024, in line with the Golden Jubilee Celebrations under the theme of Panchatattvon Ka Maharatna.” : Sarkaritel.com
OIL’s Q3 FY24 EBITDA rise to ?8,474.47 crore, EBITDA margin improves to 47.28%
New Delhi : Oil India Limited, a leading fully integrated oil & gas Maharatna CPSE,announced its financial results for the nine months that ended December 31, 2023. The company demonstrated resilience and agility in a dynamic market environment, achieving significant milestones across key performance indicators. : Sarkaritel.com
Oil India Q3 Results: Profit Up 3.12% On Higher Sales
New Delhi : Oil India Ltd’s net profit for the third quarter of fiscal 2024 rose on higher sales. The net profit of the state-run explorer increased 3.12% to Rs 2,607.7 crore in the quarter ended December, according to its exchange filing. : NDTV Profit
Oil India Q3: Net profit climbs to ?1,584 crore, revenue slips sequentially
New Delhi : Oil India Limited (OIL), one of India’s largest oil exploration and production companies, announced its financial results for the third quarter of the fiscal year 2023-24 on Tuesday, February 13. : cnbc.com
Oil India Q3 results: Net profit increases 3% to Rs 2,608 crore
New Delhi : Oil India Limited (OIL) on February 13 reported a marginal increase in consolidated net profit at Rs 2,608 crore in the December quarter of financial year 2023-24. The state-run oil producer had posted a net profit of Rs 2,528 crore in the same period a year ago. : Moneycontrol.com
HPCL and Ultraviolette join to enable cross- country e-bike ride with charging stations
New Delhi : HPCL and Ultraviolette join to enable cross- country e-bike ride with charging stations. : Economic Times
India’s ONGC plans rouble payment for Sakhalin 1 stake
New Delhi : India’s ONGC plans rouble payment for Sakhalin 1 stake. : Economic Times
Oil India Q3 results: Profit falls 9.3%, hit by lower crude prices
New Delhi : State-run explorer Oil India reported a 9.3 per cent fall in third-quarter profit on Tuesday, hit by lower prices for crude oil and a windfall tax levied by the government. : Business Standard
Oil India Q3 Results: Net profit falls 9% YoY on lower crude prices
Bengaluru : State-run explorer Oil India reported a 9.3% fall in third-quarter profit on Tuesday, hit by lower prices for crude oil and a windfall tax levied by the government. : Economic Times
Shell permanently closes light-duty hydrogen fueling stations in California amidst supply disruptions: S&P GCI
New Delhi : Shell permanently closes light-duty hydrogen fueling stations in California amidst supply disruptions: S&P GCI. : Economic Times
Centre receives Rs 1,863 crore from GAIL as dividend
New Delhi : Centre receives Rs 1,863 crore from GAIL as dividend. : Economic Times
GAIL, IGL walk away with Reliance gas; bid at USD 11 per million BTU
New Delhi : GAIL, IGL walk away with Reliance gas; bid at USD 11 per million BTU. : Economic Times
Capex on developing oilfields to drop below $3.5 billion in 2030
New Delhi : India’s annual capital spending on developing oilfields will fall from next year, shrinking by about a fifth by 2030 in the absence of major discoveries, which will lead to a drop in domestic oil production and expand dependence on imports, according to the International Energy Agency (IEA). : Economic Times
Oil India looking to increase exploratory wells in offshore areas: CMD
New Delhi : In the backdrop of the International Energy Agency’s (IEA) forecast of a decline in India’s domestic oil production despite increase in investments through 2030. : psuwatch.com
Energy transition spurred Saudi halt to oil expansion: official
New Delhi : Energy transition spurred Saudi halt to oil expansion: official. : Economic Times
L&T secures orders worth up to ?2,500 crore in the Middle East for hydrocarbon projects
New Delhi : L&T secures orders .worth up to ?2,500 crore in the Middle East for hydrocarbon projects : Economic Times
Reliance Industries Retains Title of India’s Most Valuable Company with Rs 15.64 Trillion Market Cap
New Delhi : The latest edition of the study is based on the extracted data released from October 2022 to October 2023, where Reliance Industries Limited has topped the list for the third consecutive time. The second and third most valuable companies are TCS [Tata Consultancy Service] and HDFC Bank, respectively. : psuconnect.in
