15-Feb-2024
Power
” Gurgoan, Haryana : REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, signed agreements worth ?588 Crore with Damodar Valley Corporation (DVC) to strengthen infrastructure and energy projects in the region. The agreements aim to strengthen their cooperation for the development of TUBED coal mines, and include a Term Loan agreement, an Escrow agreement, and Hypothecation deeds.” : Sarkaritel.com
” New Delhi : Power Finance Corporation Limited (PFC) &Assam Bio-Refinery Private Limited (ABRPL) successfully signed a loan agreement on 13.02.2024 for extending term loan of Rs. 3037.50 Crores for setting up Bio- Refinery plant for 2G Bioethanol production and other products such as Furfuryl Alcohol, Acetic Acid, Liquid CO2 along with 24 MW Bio-Coal based CPP in Numaligarh, Assam State at an estimated Project Cost of Rs 4200 Crore.” : Sarkaritel.com
” New Delhi : Country’s largest power generation company, NTPC Ltd has signed an Agreement with All India Institute of Medical Sciences (AIIMS), New Delhi, on 13th February, 2024 to set up “Patient – Attendant Waiting facility/Shelter” in AIIMS, New Delhi Campus under NTPC CSR at an estimated cost of Rs. 8 crores.” : Sarkaritel.com
” Bhubaneswar : Power Finance Corporation Ltd (PFC) signed a Memorandum of Understanding (MoU) with Research and Entrepreneurship Park (REP), IIT Bhubaneswar to establish a framework for collaboration in the field of Research, Training & Capacity Building related to power, logistics and non-power infrastructure sectors and entrepreneurship.” : Sarkaritel.com
” New Delhi : Nxtra by Airtel, one of India’s leading data centre companies, on Wednesday announced a power-wheeling agreement with Ampln and Amplus Energy to procure an additional 140,208 MWh of renewable energy.” : Sarkaritel.com
REC, DVC Join Hands for Rs 588 Crore Infrastructure Push in Damodar Valley
New Delhi : REC Ltd and Damodar Valley Corporation (DVC) have signed agreements worth Rs 588 crore to bolster infrastructure and energy projects in the Damodar Valley region. : governancenow.com
Stakes in solar power companies to get green power at cheaper rate: Bosch
New Delhi : Automotive components and consumer goods player Bosch Ltd, in order to source green power at a cheaper rate, will acquire small stakes in two solar power companies for a cash consideration of about Rs 4.88 crore. : Sarkaritel.com
REC, DVC ink ?588-crore deals for tubed coal mine development in Damodar valley region
New Delhi : State-run REC Ltd on Wednesday (February 14) signed agreements worth ?588 crore with Damodar Valley Corporation (DVC) for the development of tubed coal mines in the Damodar valley region. : cnbc.com
PFC SIGNS MOA WITH ASSAM BIO-REFINERY PRIVATE LTD (ABRPL) FOR SETTING UP BIO-REFINERY PLANT FOR ETHANOL PRODUCTION
New Delhi : PFC signs MoA with Assam Bio-Refinery Private Ltd (ABRPL) for setting up bio-refinery plant for ethanol production and other products along with 24 MW Bio-Coal Based Plant (CPP) in Numaligarh,Assan State. : globalgreenews.com
PFC to provide Rs 3,037 cr loan to Assam Bio Refinery for Numaligarh plant
New Delhi : State-owned Power Finance Corporation (PFC) Limited has inked a pact with Assam Bio-Refinery Pvt Ltd (ABRPL) under which Rs 3,037.50 crore loan will be provided for setting up a bio-refinery plant at Numaligarh. : psuwatch.com
PFC To Provide Rs 3,037 Crore Loan To Assam Bio Refinery For Numaligarh Plant
New Delhi : State-owned PFC has inked a pact with Assam Bio Refinery Pvt Ltd (ABRPL) under which Rs 3,037.50 crore loan will be provided for setting up a bio-refinery plant at Numaligarh. : NDTV Profit
BHEL bags order for Haryana’s first 800 MW Ultra-Supercritical Thermal Power Plant to be set up in Yamunanagar
New Delhi : Under International Competitive Bidding (ICB), Bharat Heavy Electricals Limited (BHEL) has won an order for setting up a 800 MW Ultra-Supercritical Thermal Power Plant on Engineering, Procurement & Construction (EPC) basis, at Yamunanagar, Haryana, from HPGCL (Haryana Power Generation Corporation Ltd.). : Sarkaritel.com
PM Surya Ghar: Residential households eligible for up to ?78,000 installation subsidy
New Delhi : PM Surya Ghar: Residential households eligible for up to ?78,000 installation subsidy. : Economic Times
IGL prepares for renewable dive, eyes solar power projects amidst net-zero push
New Delhi : IGL prepares for renewable dive, eyes solar power projects amidst net-zero push. : Economic Times
India to bolster renewable energy with solar thermal, CSP focus: MNRE Secretary
New Delhi : India to bolster renewable energy with solar thermal, CSP focus: MNRE Secretary. : Economic Times
Coal India to add new mines, expand existing ones to meet higher demand, chairman says
New Delhi : Coal India to add new mines, expand existing ones to meet higher demand, chairman says. : Economic Times
IEA will gain from India’s increased involvement: PM Modi
New Delhi : IEA will gain from India’s increased involvement: PM Modi. : Economic Times
Assam: 6 renewable power projects in pipeline, says Gorlosa
New Delhi : Assam: 6 renewable power projects in pipeline, says Gorlosa. : Economic Times
Tata Power Renewable, Tata Communications sign ?105 crore solar power agreement
New Delhi : Tata Power Renewable, Tata Communications sign ?105 crore solar power agreement. : Economic Times
India’s coal demand to be 2 BT by 2047; transition from coal not imminent: Govt
New Delhi : A report prepared by the Energy Cell of the Ministry of Coal has said that coal demand in India is going to increase even after 2030 through 2047 to 2 Billion Tonnes (BT) and despite the global pressure, a transition away from coal is not happening in the foreseeable future. : psuwatch.com
BHEL bags order for Haryana’s first 800 MW ultra-supercritical thermal power plant
New Delhi : Bharat Heavy Electricals Limited (BHEL) has won an order for setting up a 800 MW Ultra-Supercritical Thermal Power Plant on engineering, procurement & construction (EPC) basis, at Yamunanagar, Haryana, from Haryana Power Generation Corporation Limited (HPGCL). : psuwatch.com
AK Singh, Director-Finance, SJVN met Gujarat CM
Shimla : Sh. Akhileshwar Singh, Director (Finance), SJVN met Hon’ble Chief Minister of Gujarat Sh. Bhupendra Patel at Ahmedabad. During the meeting, discussions were held on opportunities for the development of Floating Solar Projects, Canal Top Solar Projects, and Pumped Storage Projects within Gujarat. : psuconnect.in
BHEL bags order for Haryana’s First 800 MW Ultra-Supercritical Thermal Power Plant
New Delhi : Under International Competitive Bidding (ICB), Bharat Heavy Electricals Limited has won an order for setting up a 800 MW Ultra-Supercritical Thermal Power Plant on Engineering, Procurement & Construction (EPC) basis, at Yamunanagar, Haryana. : psuconnect.in
NTPC signs agreement with AIIMS, New Delhi
New Delhi : NTPC has signed an Agreement with All India Institute of Medical Sciences (AIIMS), New Delhi, on 13th February 2024 to set up a “Patient – Attendant Waiting facility/Shelter” in AIIMS, New Delhi Campus under NTPC CSR at an estimated cost of Rs. 8 crores. : psuconnect.in
Adani Green Energy links 551 MW solar capacity plant to national grid
Mumbai : Adani Green Energy Limited (AGEL) has successfully operationalised 551 MW solar capacity plant in Gujarat’s Khavda renewable energy park which has now started supplying power to the national grid. : Sarkaritel.com
REC, DVC sign Rs 588 crore agreements for coal mines development
New Delhi : REC Limited has signed agreements worth Rs 588 crore with Damodar Valley Corporation (DVC) to strengthen infrastructure and energy projects in the region. : psuwatch.com
REC, Damodar Valley inks pacts worth Rs 588 cr to develop tubed coal mines
New Delhi : State-owned REC signed agreements to provide Rs 588 crore finance facilities to Damodar Valley Corporation for development of tubed coal mines in the Damodar Valley region. : Business Standard
PFC signs MoA with Assam Bio-Refinery for setting up Bio-Refinery Plant for Ethanol production and Bio based Captiver Power Plant in Numaligarh
New Delhi : Power Finance Corporation Limited (PFC) and Assam Bio-Refinery Private Limited (ABRPL) have signed a loan agreement for a term loan of Rs. 3037.50 Crores on Feb 13-2024. The funds will support the establishment of a Bio-Refinery plant in Numaligarh, Assam, costing an estimated Rs. 4200 Crores. : newsmantra.in
PFC and Assam Bio-Refinery sign loan agreement
New Delhi : Power Finance Corporation Limited (PFC) & Assam Bio-Refinery Private Limited (ABRPL) successfully signed a loan agreement on 13.02.2024 for extending term loan of Rs. 3037.50 Crores for setting up Bio- Refinery plant for 2G Bioethanol production. : psuconnect.in
PFC signs MoU with Research and Entrepreneurship Park, IIT Bhubaneswar
Bhubaneswar : Power Finance Corporation Ltd (PFC) signed a Memorandum of Understanding (MoU) with Research and Entrepreneurship Park (REP), IIT Bhubaneswar to establish a framework for collaboration in the field of Research, Training & Capacity Building related to power, logistics and non-power infrastructure sectors and entrepreneurship. : psuconnect.in
India to ramp up ACC production by 10 GWh, MHI conducts pre-bid meeting for global tender
New Delhi : India to ramp up ACC production by 10 GWh, MHI conducts pre-bid meeting for global tender. : Economic Times
From 73+ to 150 GW: Power minister’s ambitious target for NTPC
New Delhi : From 73+ to 150 GW: Power minister’s ambitious target for NTPC. : Economic Times
AGEL powers national grid with 551 MW solar capacity from Gujarat’s Khavda project
New Delhi : AGEL powers national grid with 551 MW solar capacity from Gujarat’s Khavda project. : Economic Times
CCL sets stage for energy boost with ?6,000 crore infrastructure investment
New Delhi : CCL sets stage for energy boost with ?6,000 crore infrastructure investment. : Economic Times
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
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. : Economic Times
Adani Green starts generating power at Khavda renewable power plant
New Delhi : Adani Green Energy Ltd (AGEL) on Wednesday announced that it has started generating power at its plant in Khavda, Gujarat. In a regulatory filing, the company said that it has operationalised the first 551 MW solar capacity at the plant and started supplying to the national grid. : Business Standard
Coal India Maintains Top Position Among CPSEs
New Delhi : The Ministry of Coal has achieved a remarkable milestone in Government e-marketplace (GeM) procurement, surpassing its fiscal year 2023-24 target. As of February 14, 2024, the procurement through GeM has soared to an impressive Rs. 63,890 Crore, 300% of the annual target of Rs. 21,325 Crore. : psuconnect.in
NTPC Kaniha bags Swarna Shakti overall champion and HR awards
New Delhi : NTPC Kaniha has bagged the prestigious NTPC Swarna Shakti Overall Champion Award and NTPC Swarna Shakti Award for excellence in Human Resources Management (HR) for year 2022-23 amongst all the NTPC stations in the country. : psuconnect.in
NTPC solar PV Project commences for commercial operations in Ayodhya
New Delhi : A solar power project being set up by NTPC Ltd in Ayodhya has started its commercial operations by taking the public sector’s commercial capacity to 73,888MW. The complete power generation at the 40 MW solar plant for which the land has been provided by the UP government is expected to commence by March 31. : psuconnect.in
Sterlite Power secured project worth over Rs 2400 crore from REC Ltd arm
New Delhi : Power Transmission developer, Sterlite Power has achieved financial order for its Beawar Transmission [BTL] project in Rajasthan. The said order is assisted by REC Power Development and Consultancy Ltd [RECPDCL] an arm of REC Ltd. : psuconnect.in
Oil and Gas
” New Delhi : The inaugural edition of the International Conference of Petroleum and Natural Gas Regulators was held under the aegis of the Petroleum and Natural Gas Regulatory Board (PNGRB) between 5-8th February 2024 during the India Energy Week(‘IEW”) 2024, Goa.” : Sarkaritel.com
BPCL to set up green hydrogen plant in Cochin airport
New Delhi : The Cochin International Airport Ltd (CIAL), the world’s first airport fully powered by solar energy, has entered a Memorandum of Understanding with Bharat Petroleum Corporation Limited (BPCL) for setting up a Green Hydrogen plant in the premises of Cochin airport. : Sarkaritel.com
Government issues Scheme Guidelines for Pilot Projects on use of Green Hydrogen in the Transport Sector
New Delhi : The Government of India has come out with guidelines for undertaking pilot projects for using Green Hydrogen in the transport sector. The “Scheme Guidelines for implementation of Pilot Projects for use of Green Hydrogen in the Transport Sector”, have been issued by the Ministry of New & Renewable Energy (MNRE) on February 14, 2024, under the National Green Hydrogen Mission. : Sarkaritel.com
Exxon, Enbridge sued by competitor over crude oil transportation
New Delhi : Exxon, Enbridge sued by competitor over crude oil transportation. : Economic Times
Iran’s main gas pipeline hit by sabotage, oil minister says
Dubai : Iran’s main gas pipeline hit by sabotage, oil minister says. : Economic Times
Shell quits Iraqi petrochemicals plant talks, says state news agency
New Delhi : Shell quits Iraqi petrochemicals plant talks, says state news agency. : Economic Times
GAIL, IGL walk away with Reliance gas; bid at USD 11 per million BTU
New Delhi : State-owned gas utility GAIL (India) Ltd and the nation’s largest city gas operator Indraprastha Gas Ltd have walked away with most of the coal seam gas that Reliance Industries Ltd auctioned, sources said. : Economic Times
IGL seeks renewable energy assets as it looks to turn net zero
New Delhi : IGL seeks renewable energy assets as it looks to turn net zero. : Mint
IEA to start talks with India for full-membership
New Delhi : The International Energy Agency (IEA) on Wednesday said it is set to start talks with India regarding the country’s full membership in the organisation. : Mint
Govt issues guidelines for green hydrogen pilots in transport sector
New Delhi : The Union government on Wednesday came out with guidelines for undertaking pilot projects for using green hydrogen in the transport sector. : Mint
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On February 14
New Delhi : Petrol, Diesel Prices Today On February 14, 2024: Oil prices increased in many cities of Punjab, Haryana and Western UP on Wednesday morning amid the farmers’ movement. Government and oil companies today released new prices of petrol and diesel, which are showing a rise. : news18.com
Cochin Airport signed MoU with BPCL to set up green hydrogen plant in its premises
New Delhi : Cochin International Airport has signed a pact to build the world’s first green hydrogen plant and fueling station within the location of the airport setting. : psuconnect.in
Govt issues guidelines for using Green Hydrogen as fuel in trucks, buses
New Delhi : The government on Wednesday issued guidelines for undertaking pilot projects for using Green Hydrogen as fuel in buses, trucks and 4-wheelers. : Sarkaritel.com
IEA will gain from India’s increased involvement: PM Modi
New Delhi : IEA will gain from India’s increased involvement: PM Modi. : Economic Times
Clean fuel boost to Kolkata with GAIL pipeline ready in 3 months: Official
New Delhi : Clean fuel boost to Kolkata with GAIL pipeline ready in 3 months: Official. : Economic Times
Red Sea turmoil has so far spared oil supplies, but buyers have reasons to worry
New Delhi : Red Sea turmoil has so far spared oil supplies, but buyers have reasons to worry. : Economic Times
Indian refiners prioritize petrochemicals expansion with focus on sustainability: S&P GCI
New Delhi : Indian refiners prioritize petrochemicals expansion with focus on sustainability: S&P GCI. : Economic Times
CIAL signs MoU with BPCL to set up country’s first green hydrogen plant at airport
New Delhi : CIAL signs MoU with BPCL to set up country’s first green hydrogen plant at airport. : Economic Times
Shell Sees Global LNG Demand Up at Least 50% by 2040
New Delhi : Shell said it expects global demand for liquefied natural gas to grow beyond 2040, driven by industrial demand in China and economic development in South Asia and Southeast Asia. : Mint
Oil remains range-bound as rate cut hopes fade away: Here’s how US Fed policy decision affects prices
New Delhi : After gaining around six per cent last week due to the Middle East conflict, oil prices have largely remained range-bound this week as rate cut hopes from the US Federal Reserve have faded away. : Mint
Petrol, diesel prices remain unchanged for 634th day in Chennai
Chennai : In Chennai, the price of a litre of petrol and diesel has been constant over the last 633 days at Rs.102.63 and Rs. 94.24 respectively. : dtnext.in
Govt unveils Green Hydrogen Pilot Project guidelines for transport sector
New Delhi : The Central government has unveiled guidelines for supporting pilot projects using Green Hydrogen in the transport sector. : psuwatch.com
BPCL collaborates with CIAL to set up green hydrogen plant at Kochi Airport
New Delhi : In a significant move towards advancing green energy initiatives, Bharat Petroleum Corporation Limited (BPCL) has entered into a transformative memorandum of understanding (MoU) with Cochin International Airport Limited (CIAL). : psuwatch.com
