17-Jan-2025
Power
” New Delhi : PFC, aMaharatna company and the largest NBFC in India has signed a Loan Agreement for JPY 120 Billion (Rs. 6,500 Cr) with Japan Bank for International Cooperation (JBIC) on 15thJan, 2025. Under the agreement, JBIC will provide funding of JPY 72 billion, with the balance to be funded by commercial banks.” : Sarkaritel.com
” New Delhi : NTPC Bongaigaon today celebrated its 20th Raising Day at its plant premises. Arnab Maitra CGM NTPC Bongaigaon hoisted the NTPC flag at administrative building premises followed by NTPC Geet and cutting of cake.” : Sarkaritel.com
PFC signs JPY 120 billion loan pact with Japan’s JBIC
New Delhi : State-owned PFC on Thursday said it has inked an agreement with Japan Bank for International Cooperation (JBIC) for 120 billion Japanese yen (around Rs 6,600 crore) loan facility. : theweek.in
PFC signs JPY 120 billion loan agreement with JBIC
New Delhi : Power Finance Corporation (PFC) on Thursday said that it has signed a Loan Agreement for JPY 120 billion (Rs 6,500 crore) with Japan Bank for International Cooperation (JBIC) on January 15. : psuwatch.com
PFC Signs Rs. 6,500 Crore Green Financing Agreement with JBIC
New Delhi : Power Finance Corporation (PFC) has entered into a landmark loan agreement with the Japan Bank for International Cooperation (JBIC) for JPY 120 billion (approximately Rs. 6,500 crore). : indianmandarins
Power Finance Corporation signs 120 billion yen loan pact with Japan Bank for International Cooperation
New Delhi : State-owned PFC on Thursday said it has inked an agreement with Japan Bank for International Cooperation (JBIC) for 120 billion Japanese yen (around Rs 6,600 crore) loan facility. : Economic Times
OPINION: Time to end cross subsidy in electricity
New Delhi : OPINION: Time to end cross subsidy in electricity. : Economic Times
Waaree Renewable reports ?1,121 cr revenue, eyes 23 GW solar bids
New Delhi : Waaree Renewable reports ?1,121 cr revenue, eyes 23 GW solar bids. : Economic Times
India’s solar capacity surpasses 200 GW, non-utility solar grows 53%: SBICAPS Report
New Delhi : India’s solar capacity surpasses 200 GW, non-utility solar grows 53%: SBICAPS Report. : Economic Times
US removes restrictions on 3 Indian nuclear entities
New Delhi : US removes restrictions on 3 Indian nuclear entities. : Economic Times
Sterling and Wilson Renewable reports Q3 net profit at Rs 17.14 crore
New Delhi : Sterling and Wilson Renewable Energy Ltd (SWREL) on Thursday posted a consolidated net profit of Rs 17.14 crore for December quarter FY25 mainly on the back of higher revenues. : Business Standard
Work in progress to power up Rajasthan govt’s solar energy capacity
New Delhi : The Rajasthan government has started work on setting up solar power projects with a capacity of 17 gigawatt (Gw) in its bid to boost electricity infrastructure and production in the state. : Business Standard
NTPC Issues Tender To Build Pilot BESS At Dadri Thermal Plant
New Delhi : NTPC Issues Tender To Build Pilot BESS At Dadri Thermal Plant. : saurenergy.com
PFC Secures Landmark Green Loan from Japan’s JBIC
New Delhi : State-owned PFC has signed a significant loan agreement with Japan Bank for International Cooperation (JBIC) for 120 billion Japanese yen. : devdiscourse
PFC signs landmark loan agreement of JPY 120 Billion with JBIC
New Delhi : PFC has signed a Loan Agreement for JPY 120 Billion (Rs. 6,500 Cr) with Japan Bank for International Cooperation (JBIC) on 15th Jan, 2025. Under the agreement, JBIC will provide funding of JPY 72 billion, with the balance to be funded by commercial banks. : newsmantra.in
PFC to get Yen-denominated loan worth ?6,500 crore from JBIC
New Delhi : State-run Power Finance Corporation has signed an agreement with Japan Bank for International Cooperation for a loan of JPY 120 billion or ?6,500 crore for renewable energy projects. : Mint
PFC signs 120 bn yen loan pact with Japan’s JBIC for RE project
New Delhi : State-owned PFC on Thursday said it has inked an agreement with Japan Bank for International Cooperation (JBIC) for 120 billion Japanese yen (around Rs 6,600 crore) loan facility. : Business Standard
India’s power sector has investments opportunity of Rs 40 trillion over next decade: Motilal Oswal
New Delhi : India’s power sector has investments opportunity of Rs 40 trillion over next decade: Motilal Oswal. : Economic Times
Global nuclear energy momentum builds, 70 GW under construction: IEA
New Delhi : Global nuclear energy momentum builds, 70 GW under construction: IEA. : Economic Times
India, Singapore eyeing green energy corridor, says Singapore president
New Delhi : India and Singapore are looking at the possibility of setting up a renewable energy corridor between the two countries, Singaporean president Tharman Shanmugaratnam said. : Mint
Waaree Renewables Technology Q3 results: Net profit falls 17% to Rs 53 cr
New Delhi : Waaree Renewables Technology Limited (WRTL) on Thursday reported about 17 per cent fall in its consolidated net profit to Rs 53.48 crore for the December 2024 quarter, hit by higher expenses. : Business Standard
Delhi High Court exempts electricity commissions’ fees from GST
New Delhi : The Delhi High Court (HC) on Wednesday ruled that the fees collected by the Central Electricity Regulatory Commission (CERC) and the Delhi Electricity Regulatory Commission (DERC) cannot be subject to the goods and services tax (GST). : Business Standard
Torrent Power to invest Rs 18K cr in thermal power plant in Madhya Pradesh
New Delhi : Torrent Power Limited has announced plans to set up a thermal power plant in Madhya Pradesh with an investment of Rs 18,000 crore. : Business Standard
NTPC Bongaigaon Celebrates Its 20th Raising Day
New Delhi : NTPC Bongaigaon today celebrated its 20th Raising Day at its plant premises. Arnab Maitra CGM NTPC Bongaigaon hoisted the NTPC flag at administrative building premises followed by NTPC Geet and cutting of cake. : indianpsu.com
NTPC Bongaigaon commemorates its 20th Raising Day
New Delhi : NTPC Bongaigaon celebrated its 20th Raising Day at its plant premises on Thursday. NTPC Bongaigaon’s Head of Project Arnab Maitra hoisted the NTPC flag at administrative building premises followed by NTPC Geet and cutting of cake. : psuwatch.com
IREDA, SJVN, GMR and NEA join hands for 900 MW Upper Karnali Hydropower Project in Nepal
New Delhi : Indian Renewable Energy Development Agency Limited (IREDA) has finalized a Joint Venture Agreement with SJVN Ltd., GMR Energy Ltd., and Nepal Electricity Authority (NEA) for the development of the 900 MW Upper Karnali Hydro-electric Project in Nepal. : psuwatch.com
PFC signs Rs. 6,500 Crore loan agreement
New Delhi : PFC, a Maharatna company and the largest NBFC in India has signed a Loan Agreement for JPY 120 Billion (Rs. 6,500 Cr) with Japan Bank for International Cooperation (JBIC) on 15th Jan, 2025. : psuconnect.in
NTPC Faridabad launches Dung2Wealth under CSR initiative
New Delhi : NTPC Faridabad launched the innovative CSR initiative “Dung2Wealth” in collaboration with Devashray of Sarvodaya Foundation. : psuconnect.in
NTPC Issues Bid To Develop Rooftop Solar Projects In Africa
New Delhi : NTPC Issues Bid To Develop Rooftop Solar Projects In Africa. : saurenergy.com
Oil and Gas
Emergence of a green fuel portfolio ecosystem in the Indian oil and gas sector
New Delhi : Emergence of a green fuel portfolio ecosystem in the Indian oil and gas sector. : Economic Times
Essar signs EPC deal for 350MW low carbon hydrogen plant
New Delhi : Essar signs EPC deal for 350MW low carbon hydrogen plant. : Economic Times
Buyers of natural gas call for pricing domestic gas in rupee
New Delhi : The rupee’s rapid fall is making natural gas pricier for Indian buyers, leading to calls for pricing domestic gas in rupees instead of the current practice of using dollars. : Economic Times
Petrol Demand Seen Growing 6.6% in FY26, Diesel Consumption May Rise 2.8%
New Delhi : Petrol Demand Seen Growing 6.6% in FY26, Diesel Consumption May Rise 2.8%. : Mint
India, Singapore eyeing green energy corridor, says Singapore president
New Delhi : India and Singapore are looking at the possibility of setting up a renewable energy corridor between the two countries, Singaporean president Tharman Shanmugaratnam said. : Mint
US sanction clarifications tighten squeeze on India’s February oil supplies
New Delhi : Indian refiners have less time than they expected earlier to receive sanctioned tankers, prompting inquiries for purchase of spot supplies from West Asian producers for February deliveries. : Business Standard
BPCL ropes in Volks Energie for LFP-Based solar storage plants
New Delhi : Bharat Petroleum Corp. Ltd (BPCL) has entrusted VolksEnergie with deployment of solar power plants backed with LFP-based (lithium ion phosphate) battery energy storage systems (BESS) for its oil and gas pipeline project. : pv-magazine.com
OMCs achieve highest ethanol blending of 18.2% in December 2024: Govt data
New Delhi : Oil Marketing Companies (OMCs) achieved highest-ever ethanol blending in December 2024 at 18.2 percent, government data shows. : psuwatch.com
India’s LNG imports up 24.1% in Apr-Dec period of FY25 as consumption rises
New Delhi : India’s Liquefied Natural Gas (LNG) imports were up 24.1 percent in April-December period of FY2024-25 as consumption of gas increased while domestic production barely registered a growth during the period. : psuwatch.com
BPCL secures Rs 31,802 crore loan from SBI consortium for its petrochemical project at Bina
New Delhi : Bharat Petroleum Corporation Limited (BPCL) has signed a loan agreement worth Rs 31,802 crore with a consortium of banks led by the State Bank of India (SBI). : psuwatch.com
EET Hydrogen, ENKA partner to deliver large scale low carbon hydrogen production plant (HPP1)
New Delhi : Essar Energy Transition has signed an Engineering, Procurement, and Construction (EPC) contract with global engineering and construction firm ENKA Inaat ve Sanayi A.S. to deliver the HPP1 hydrogen production plant, based at the Stanlow Manufacturing Complex in Ellesmere Port, Cheshire. : psuconnect.in
30 Unauthorized Petrol Pumps Sealed Across Kashmir Valley
Srinagar : In a significant enforcement drive, Legal Metrology under the close supervision of Anuradha Gupta, Controller Legal Metrology J&K sealed 30 outlets today which were found selling petrol and Diesel in violation of the Legal Metrology Act 2009. : dailyexcelsior.com
Lubi Industries to install 1,400 fast DC EV chargers for BPCL
New Delhi : Lubi Industries to install 1,400 fast DC EV chargers for BPCL. : Economic Times
Oil gains capped by uncertainty over sanctions impact
New Delhi : Oil gains capped by uncertainty over sanctions impact. : Economic Times
Oil rises as US inventory declines heighten supply concerns
New Delhi : Oil rises as US inventory declines heighten supply concerns. : Economic Times
BPCL executes a loan agreement of Rs 31,802 crore with State Bank of India Consortium, to finance the projects planned at Bina
New Delhi : Bharat Petroleum on Thursday signed a loan agreement of Rs 31,802 crore with the State Bank of India Consortium to finance the development and operation of a petrochemical complex and refinery expansion at Bina, Madhya Pradesh. : Economic Times
Indian Oil seeks sour oil from spot market, trade sources say
New Delhi : Indian Oil Corp (IOC) is seeking high-sulphur oil from the spot market in its first sour crude import tender since March 2022, expecting the latest U.S. sanctions to hit supplies from Moscow, trade sources said on Thursday. : Economic Times
Oil drops $1 on halt in Houthis’ Red Sea attacks, US retail boost
New Delhi : Oil prices fell on Thursday with Yemen’s Houthi militia expected to halt attacks on ships in the Red Sea, and investors weighed strong U.S. retail data. : Business Standard
