05-Jan-2024
Power
” New Delhi : REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSE under Ministry of Power and the leading NBFC, has inked a Memorandum of Understanding (MoU) with the Government of Gujarat for Rs. 2,094.28 Crores for the implementation of the Smart Metering project in PGVCL (Paschim Gujarat Vij Company Ltd.) under the RDSS Scheme’s Phase 1.” : Sarkaritel.com
” New Delhi : Taking a step forward towards clean and green energy, NHPC signed an MoU with Gujarat Power Corporation Limited, Government of Gujarat for investment in Kuppa Pumped Hydro Storage Project (750 MW) on 03.01.2024. The MoU signing ceremony was organized at the Secretariat in Gandhinagar, Gujarat under the aegis of “Vibrant Gujarat”.” : Sarkaritel.com
” New Delhi : Solar Energy Corporation of India Limited (SECI), a Miniratna Category-I Central Public Sector Unit under the administrative control of the Ministry of New and Renewable Energy (MNRE), Government of India, is participating in the Aatmnirbhar Bharat Utsav 2024 being organised by India Trade Promotion Organization (ITPO) and Department for Promotion of Industry and Internal Trade (DPIIT) during January 3 – 10, 2024.” : Sarkaritel.com
PFC and Gujarat govt sign ?25,000 crore MoU to boost state’s power infrastructure
New Delhi : PFC and Gujarat govt sign ?25,000 crore MoU to boost state’s power infrastructure. : Economic Times
REC Ltd, Bank of Baroda sign MoU to jointly finance power and infrastructure projects
New Delhi : REC Ltd, Bank of Baroda sign MoU to jointly finance power and infrastructure projects. : Economic Times
RECPDCL inks initial pact with Gujarat govt for smart metering projects worth Rs 2,094 crore
New Delhi : REC Power Development and Consultancy Ltd (RECPDCL), a wholly-owned subsidiary of REC, has inked an initial pact with the Gujarat government for implementing smart metering projects worth Rs 2,094.28 crore. The project is to be implemented in Paschim Gujarat Vij Company Ltd (PGVCL) under the first phase of the Revamped Distribution Sector Scheme (RDSS). : Economic Times
Mega projects like hybrid renewable energy park, solar park fuelling Gujarat’s progress: Officials
New Delhi : Mega projects like hybrid renewable energy park, solar park fuelling Gujarat’s progress: Officials. : Economic Times
REC, Bank of Baroda sign MoU to finance power, infra and logistics projects
New Delhi : In a significant development aimed at boosting India’s infrastructure, state-owned REC Limited has signed a Memorandum of Understanding (MoU) with the Bank of Baroda (BoB) to jointly finance projects in the power, infrastructure, and logistics sectors over the next three years. : Business Standard
NHPC to invest Rs 4,000 crore in Kuppa Hydro Storage Project in Gujarat
New Delhi : NHPC Limited has signed an MoU with Gujarat Power Corporation Limited (GPCL) for investment in 750 MW Kuppa Pumped Hydro Storage Project. The MoU signing ceremony was organised at the Secretariat in Gandhinagar, Gujarat under the aegis of “Vibrant Gujarat” on January 3. : psuwatch.com
RECPDCL signs MoU with Govt of Gujarat for smart metering project
New Delhi : REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna PSU under Ministry of Power and the leading NBFC, has inked a memorandum of understanding (MoU) with the Government of Gujarat for Rs 2,094.28 crores for the implementation of the smart metering project in Paschim Gujarat Vij Company Limited (PGVCL) under the RDSS Scheme’s Phase 1. : psuwatch.com
Gujarat govt inks 58 more MoUs ahead of Vibrant Summit; total investments top Rs 10 lakh crore
New Delhi : Gujarat govt inks 58 more MoUs ahead of Vibrant Summit; total investments top Rs 10 lakh crore. : Economic Times
Green energy push in Uttar Pradesh: ?1 Lakh crore to power 125 projects, aims for 40% renewable mix
New Delhi : Green energy push in Uttar Pradesh: ?1 Lakh crore to power 125 projects, aims for 40% renewable mix. : Economic Times
Torrent Power pledges Rs 47,000 cr investment in renewables, electricity distribution in Gujarat
New Delhi : Torrent Power pledges Rs 47,000 cr investment in renewables, electricity distribution in Gujarat. : Economic Times
EnVision 2024: Tamil Nadu sets bold 75% renewable energy ambition
New Delhi : EnVision 2024: Tamil Nadu sets bold 75% renewable energy ambition. : Economic Times
Arunachal guv stresses need for special focus on hydro, tourism sectors
New Delhi : Arunachal guv stresses need for special focus on hydro, tourism sectors. : Economic Times
Nepal, India sign long-term power agreement
New Delhi : Nepal, India sign long-term power agreement. : Economic Times
Ratle Hydro Power Corp to supply electricity to Rajasthan Urja Vikas and IT Services
New Delhi : Ratle Hydro Power Corp to supply electricity to Rajasthan Urja Vikas and IT Services. : Economic Times
Juniper Green Energy secures Rs 8,000 cr MoU with Gujarat
New Delhi : Juniper Green Energy secures Rs 8,000 cr MoU with Gujarat. : Economic Times
First Solar signs 167 MW wind, solar PPA with Cleantech Solar to power India manufacturing facility
New Delhi : First Solar signs 167 MW wind, solar PPA with Cleantech Solar to power India manufacturing facility. : Economic Times
Cyberthreats an ever-present danger, Grid-India must prepare: Union power minister R. K. Singh
New Delhi : Cyberthreats an ever-present danger, Grid-India must prepare: Union power minister R. K. Singh. : Economic Times
Solar micro grids to light up over 9,000 remote households in Tripura
New Delhi : Solar micro grids to light up over 9,000 remote households in Tripura. : Economic Times
RECs as catalysts for renewable energy uptake in India: The Way Forward
New Delhi : RECs as catalysts for renewable energy uptake in India: The Way Forward. : Economic Times
Jaishankar in Nepal: Pact inked for 10,000 MW electricity export to India
New Delhi : Nepal and India on Thursday have inked an agreement setting the target to reach 10,000 megawatts of electricity export to India in the coming decade. : Economic Times
Kavaratti’s First On-grid Solar Power Plant with state-of-the-art Battery Energy Storage System projected to save Rs. 250 crores
New Delhi : In a historic milestone for Lakshadweep, the Prime Minister Narendra Modi dedicated to the nation on January 3, 2024, the solar power plant at Kavaratti, which is the region’s first on-grid solar project with state-of-the-art Battery Energy Storage System (BESS) technology. Together, these two installations of Solar Energy Corporation of India Limited (SECI) have a combined solar capacity of 1.7 MW and an advanced 1.4 MWh battery storage facility. : Sarkaritel.com
Himachal Cabinet Approves Startup Plan To Boost Solar Projects In State
New Delhi : Himachal Cabinet Approves Startup Plan To Boost Solar Projects In State. : saurenergy.com
UP Set To Emerge As The Solar Energy Hub Of India: UPNEDA
New Delhi : UP Set To Emerge As The Solar Energy Hub Of India: UPNEDA. : saurenergy.com
Nepal, India sign long-term power agreement
New Delhi : Nepal on Thursday signed a long-term agreement that will facilitate the export of 10,000 MW of electricity to India in the next 10 years during the two-day visit of External Affairs Minister S Jaishankar to the Himalayan nation. : psuwatch.com
Ratle Hydro Power to supply electricity to Rajasthan Urja Vikas and IT Services
New Delhi : Ratle Hydro Power Corp has entered into an agreement with Rajasthan Urja Vikas and IT Services Ltd to supply electricity from its 850 MW power plant in Kishtwar in the Union Territory of Jammu & Kashmir, according to a statement. : psuwatch.com
SECI participates in Aatmnirbhar Bharat Utsav 2024
New Delhi : Solar Energy Corporation of India Limited (SECI), a PSU under the administrative control of the Ministry of New and Renewable Energy (MNRE) announced its participation in Aatmnirbhar Bharat Utsav 2024 which is being organised by India Trade Promotion Organization (ITPO) and Department for Promotion of Industry and Internal Trade (DPIIT) from January 3 to January 10. : psuwatch.com
Tripura To Connect 9,250 Remote Houses With Solar Micro Grids
New Delhi : Tripura To Connect 9,250 Remote Houses With Solar Micro Grids. : saurenergy.com
Kavaratti’s 1st on-grid solar power plant with BESS developed by SECI will save Rs 250 cr
New Delhi : Prime Minister Narendra Modi dedicated to the nation Solar Energy Corporation of India’s (SECI) solar power plant at Kavaratti, which is the region’s first on-grid solar project with state-of-the-art Battery Energy Storage System (BESS) technology on January 3, said an official statement. : psuwatch.com
Oil and Gas
ONGC wins 7 of 10 oil exploration blocks put up for bidding
New Delhi : Public sector giant Oil and Natural Gas Corporation (ONGC) won seven of the 10 oil and gas exploration that were put up for bidding on Wednesday as part of the eighth round of Open Acreage Licensing Policy (OALP-VIII). : Sarkaritel.com
Rashmi Govil to be next Director – HR of Indian Oil Corporation
New Delhi : Rashmi Govil to be next Director – HR of Indian Oil Corporation. : Economic Times
GAIL earnings prospects bright, but petchem biz a challenge
New Delhi : GAIL earnings prospects bright, but petchem biz a challenge. : Mint
ONGC hits over 7-year high, up 3% on winning seven oil exploration areas
New Delhi : Shares of Oil & Natural Gas Corporation (ONGC) hit an over seven-year high of Rs 213.55, gaining 3 per cent on the BSE in Thursday’s intraday trade, after the state-owned company won seven of the 10 areas for exploration of oil and gas. : Business Standard
Govt launches 9th round of oil, gas blocks for bidding, ONGC wins big
New Delhi : State-owned Oil and Natural Gas Corporation (ONGC) on Wednesday won seven of the 10 areas for exploration of oil and gas, while a consortium of Reliance Industries Ltd and BP Plc, Oil India Limited, and Sun Petrochemicals Pvt Ltd walked away with one each in the latest bid round. : Business Standard
ONGC and Gujarat Govt signed MoU
New Delhi : Paving the way for Rs. 11,835 crore investment across Gujarat from 2024, the Government of Gujarat and ONGC have signed a memorandum of understanding (MoU) on 3 January 2024. : psuconnect.in
African crude makes up for fall in Russian imports
New Delhi : India’s increased intake of African oil helped partly offset the 18% month-on-month import decline from its top supplier Russia in December, according to energy cargo tracker Vortexa. : Economic Times
India’s demand for Russian crude resilient despite Red Sea threats: S&P Global
New Delhi : India’s demand for Russian crude remains resilient despite Red Sea threats with no known diversions seen so far, said a report by S&P Global Commodity Insights on Thursday. : Mint
Red Sea region conflict: No major threat to India’s fuel supplies
New Delhi : The conflict in the Red Sea region is unlikely to disrupt delivery of energy supplies to India or leave a lasting impact on its economy, despite around half of the country’s oil imports transiting that area, suggest industry officials and shipping data. : Business Standard
Cost of Living Highlights Jan 04: Fuel prices steady. Check petrol and diesel prices in your city here
New Delhi : Cost of Living Highlights January 04: The cost of living is the amount of money one needs to survive in a given place – and one’s most essential needs such as food, water, housing, taxes, cost of commute, healthcare, etc. : Mint
Russian oil losing competitive edge in India as prices rise
New Delhi : Russian oil losing competitive edge in India as prices rise. : Economic Times
OPEC+ promises unity as group plans monitoring meeting
New Delhi : OPEC+ promises unity as group plans monitoring meeting. : Economic Times
Govt rolls out 28 oil and gas blocks for bidding under OALP round-IX
New Delhi : Govt rolls out 28 oil and gas blocks for bidding under OALP round-IX. : Economic Times
Russian oil losing competitive edge in India as prices rise
New Delhi : India’s crude oil imports from Russia in November were the costliest in a year, government data show, reflecting lowering discounts on the fuel. : Economic Times
India has no problem in making payment for Russian oil: Hardeep Puri
New Delhi : There is no payment problem for Russian crude, Petroleum and Natural Gas Minister Hardeep Singh Puri said on Wednesday. : Business Standard
Gujarat govt inks 58 more MoUs ahead of Vibrant Summit; total investments top Rs 10 lakh crore
New Delhi : Gujarat govt inks 58 more MoUs ahead of Vibrant Summit; total investments top Rs 10 lakh crore. : Economic Times
Ethanol programme nets ?78,118 crore savings, CO2 emissions cut by 426 Lakh MT: Hardeep Singh Puri
New Delhi : Ethanol programme nets ?78,118 crore savings, CO2 emissions cut by 426 Lakh MT: Hardeep Singh Puri. : Economic Times
India urgently expands oil storage amid mounting geopolitical risks
New Delhi : India urgently expands oil storage amid mounting geopolitical risks. : Economic Times
Indian Gas Exchange trades 26.55 lakh MMBtu in December, down 7% MoM
New Delhi : Indian Gas Exchange trades 26.55 lakh MMBtu in December, down 7% MoM. : Economic Times
India’s April-Sept oil import dependency rises to 87.6%, production holds at 14.7MMT: PPAC
New Delhi : India’s April-Sept oil import dependency rises to 87.6%, production holds at 14.7MMT: PPAC. : Economic Times
Engineers India and Indian Oil achieves Milestone
New Delhi : Teams of Engineers India Limited and Indian Oil Corporation achieved a major milestone at the P-25 project in Panipat Refinery of IOCL with the successful completion of the concrete casting of the raft of Technical Structure-03 of the Atmospheric and Vacuum Distillation Unit (AVU), making it the largest single pour of RCC of the project to date. : psuconnect.in
Petrol and diesel price chart on January 4: Check current rates in Mumbai, Delhi, Kolkata, other cities here
New Delhi : Petrol and diesel prices on January 4: Petrol and diesel rates were kept constant across all major cities on January 4 (Thursday). : Business Today
