02-Jan-2024

Power

” New Delhi : With a view to enhance the efficiency and the performance of the company in all spheres of operations and management, NLC India has created an in-house portal “MY IDEA” which is the acronym for “My Innovative Drive for Exceptional Achievement” for innovation and creativity. This idea generation scheme is in line with the NLCIL’s Core Value, “NLCIL COMMITS”.” : Sarkaritel.com

” New Delhi : S. Suresh Kumar, IAS assumed the charge of Chairman, DVC with effect from 01st January 2024. Prior to joining the post, Kumar was working in the capacity of Director General, Netaji Subhash Administrative Training Institute, Kolkata.” : Sarkaritel.com

” New Delhi : Ravindra Kumar Tyagi has assumed charge as Chairman & Managing Director (CMD) of Power Grid Corporation of India (PGCIL) on Monday. Prior to this, he was serving as Director (Operations) of the company. With his, Tyagi has succeeded K Sreekant, who was heading the organisation since August 2019.” : psuwatch.com

S Suresh Kumar (IAS) assumes charge as Chairman of DVC

New Delhi : S Suresh Kumar (IAS) has assumed the charge of Chairman of Damodar Valley Corporation (DVC) with effect from Monday. Prior to joining the post, Kumar was working in the capacity of Di : psuwatch.com

Power Grid Corp bags inter-state power transmission project

New Delhi : State-owned Power Grid Corporation has bagged an inter-state power transmission project for evacuating power from a 20 GW renewable energy zone in Rajasthan. : psuwatch.com

Techno Electric & Engineering Company gets smart metering and transmission projects worth Rs 1,750 crore

New Delhi : Techno Electric & Engineering Company gets smart metering and transmission projects worth Rs 1,750 crore. : Economic Times

Successfully met this winter’s record peak power demand of 1,631 MW Monday, say Tata Power-DDL

New Delhi : Tata Power Delhi Distribution Limited on Monday successfully met this winter season’s record peak power demand of 1,631 MW without any network constraint and power outage, the company said in a statement. : Economic Times

Vadodara firm signs MoU with Gujarat government to set up city e-vehicle hub

New Delhi : Vadodara firm signs MoU with Gujarat government to set up city e-vehicle hub. : Economic Times

India’s power sector to add 212 GW capacity by FY27, IFCs to invest ?10.9 lakh crore

New Delhi : India’s power sector to add 212 GW capacity by FY27, IFCs to invest ?10.9 lakh crore. : Economic Times

India’s power consumption dips marginally by 2.3 pc to 119.07 billion units in Dec

New Delhi : The country’s power consumption dipped 2.3 per cent to 119.07 Billion Units (BU) in December, marking its first monthly decline in eight months due to lower demand for heating equipment, especially in the north, on account of mild winter. : Economic Times

Govt plans greener use of coal, mines as production surges

New Delhi : India is looking to mechanise coal evacuation processes and use closed mines for purposes such as solar parks even as it’s faced with the inevitable prospect of increasing coal production to meet growing demand for energy. : Mint

SJVN gets approval to form 4 JVs in India & Nepal

New Delhi : Clean energy PSU SJVN Limited on Monday said that the Department of Investment & Public Asset Management (DIPAM), Govt of India has agreed to the proposal of SJVN and the Ministry of Power to form four joint venture (JV) companies for the development of hydro and renewable projects in India and Nepal. : psuwatch.com

Coal Sector Achieves 10.9 % Growth among Eight Core Industries in November 2023

New Delhi : The Index of Coal Industry has achieved a growth of 10.9 % (provisional) among eight core industries, during November 2023, as per the data released by the Ministry of Commerce & Industries. Coal Sector achieved 185.7 points in November compared to 167.5 points, at the same time last year. : psuconnect.in

National Commission for SC Member Lauds THDCIL

New Delhi : Dr. Anju Bala, Hon’ble member of the National Commission for SC, Government of India, visited Dehradun on December 30, 2023, to review the implementation of the Reservation Policy at different Government departments and Establishments of Uttarakhand. : psuconnect.in

SJVN gets govt approval to form JVs for 8778 MW hydro, renewable projects

New Delhi : State-owned power producer SJVN Ltd on January 1 said it has received the finance ministry’s permission to form four joint venture firms for the development of hydro and renewable projects with a total capacity of 8,778 MW in India and Nepal. : Moneycontrol.com

THDC signs agreement for 1200 MW Kalai-II HEP with Arunachal Pradesh Govt

New Delhi : THDC India Limited, India’s leading power generation company, has achieved a significant milestone with the successful execution of a Memorandum of Agreement (MoA) for the implementation of the 1200 MW Kalai-II Hydro Electric Project in the Anjaw District of Arunachal Pradesh on 30th December 2023 at New Delhi. : psuconnect.in

Oil and Gas

ONGC seeks partners to cut gas flaring, zero methane emission by 2030

New Delhi : India’s top oil and gas producer ONGC is seeking global technology partners to cut gas flaring and achieve zero methane emission by 2030 as part of its ambitious decarbonisation plan, its chairman Arun Kumar Singh said on Monday. : Economic Times

Remarkable finish for US oil & gas sector with strong production figures for 2023

Washington : The US has produced more oil and natural gas than ever before even as government planners were trying a tectonic shift to other alternative greener sources of energy to adhere to the climate change protocol’s deadlines. : Sarkaritel.com

India-UAE ties transcend to multilateral level in 2023

New Delhi : India-UAE ties transcend to multilateral level in 2023. : Economic Times

ONGC seeks partners to cut gas flaring, zero methane emission by 2030

New Delhi : India’s top oil and gas producer Oil and Natural Gas Corporation (ONGC) is seeking global technology partners to cut gas flaring and achieve zero methane emission by 2030 as part of its ambitious decarbonisation plan, its Chairman Arun Kumar Singh said on Monday. : psuwatch.com

Govt reduces natural gas price to $7.82/mmBtu for January, amidst global price dip

New Delhi : Govt reduces natural gas price to $7.82/mmBtu for January, amidst global price dip. : Economic Times

ATF price cut by 4 pc; commercial LPG rate reduced marginally by Rs 1.5 per cylinder

New Delhi : Jet fuel or ATF price on Monday was cut by 4 per cent, the third straight monthly reduction, and commercial cooking gas (LPG) rates were marginally lowered by Rs 1.50 per 19-kg cylinder. : Economic Times

CRISIL analysis: Oil, gas use to see 10-15% rise in FY24 amid sector growth

New Delhi : Expansion of city gas distribution (CGD), increased activity in refineries and petrochemicals sector, and higher power generation amid moderating gas prices will support a broad-based increase in consumption of natural gas in India through the next financial year. : Business Standard

Petrol, Diesel Prices Remain Unchanged On January 1, 2024: Check Rates In Mumbai, Delhi, Chennai, And Other Cities

New Delhi : According to the most recent price notification by fuel retailers, petrol and diesel prices have been unchanged on January 1, 2024 in major cities, and costs have been steady for a year now. : Free Press Journal

Indian Navy enhances surveillance in Arabian Sea, Gulf of Aden

New Delhi : Indian Navy enhances surveillance in Arabian Sea, Gulf of Aden. : Economic Times

HP govt restricts departments from buying diesel-petrol vehicles from Jan 1

Shimla : HP govt restricts departments from buying diesel-petrol vehicles from Jan 1. : Economic Times

Tamil Nadu’s big infra push: PM Modi to dedicate projects in rail, road, oil, gas, and shipping

New Delhi : Tamil Nadu’s big infra push: PM Modi to dedicate projects in rail, road, oil, gas, and shipping. : Economic Times

Jakson Green to ship first green hydrogen electrolyser in few months

New Delhi : Jakson Green to ship first green hydrogen electrolyser in few months. : Economic Times

Petrol, diesel sales drop as winter sets in

New Delhi : Petrol and diesel sales in India slumped in December as setting in of winter tapered demand, preliminary data of state-owned firms showed on Monday. : Economic Times

Natural gas price slashed to $7.82 per mmBtu for January

New Delhi : The government has lowered the price of domestic natural gas for January to $7.82 per million British thermal units (mmBtu) from $8.47 per mmBtu last month. : Mint

Govt hikes windfall tax on crude oil to ?2,300 per ton

New Delhi : India has hiked the windfall tax on crude oil while reducing the tax on diesel and aviation turbine fuel, according to a government notification. : Mint

India may see lower savings from Russian oil in 2024 as discounts dip

New Delhi : Indian imports of Russian crude oil may stabilise or even decline in 2024 from record 2023 levels amid shrinking discounts on oil, lower output levels and a rebound in Middle East supplies, according to ship tracking data and industry officials. : Business Standard