06-Jan-2024
Power
NHPC lines up Rs 4,000 crore for 750 MW hydro project in Gujarat
New Delhi : Public sector power major NHPC has signed an MoU with Gujarat Power Corporation Limited for an investment of Rs 4,000 crore in the proposed 750 MW Kuppa Pumped Hydro Storage Project situated at Chhota Udaipur in the state, according to an official statement issued on Thursday. : Sarkaritel.com
GST authorities tell NTPC to cough up Rs 100 cr
New Delhi : NTPC has received demand orders from GST authorities in seven states to pay up tax, interest, and penalty adding up to a total of Rs 100.80 crore. : Sarkaritel.com
NHPC and Gujarat govt sign MoU for Rs. 4,000 crore Investment in Kuppa Hydro project
New Delhi : NHPC and Gujarat govt sign MoU for Rs. 4,000 crore Investment in Kuppa Hydro project. : Economic Times
NTPC receives GST demand order worth Rs100 crore
New Delhi : NTPC has received demand orders from seven state government authorities for GST interest and penalty, worth total of Rs100.80 crore. The order have been issued from the states of Delhi, Uttar Pradesh, Andhra Pradesh, Bihar, Chattisgarh, Maharashtra and Gujarat. : psuconnect.in
Suzlon bags 225 MW wind energy project from Everrenew Energy
New Delhi : Suzlon bags 225 MW wind energy project from Everrenew Energy. : Economic Times
Coal freight drives Indian Railways’ growth, total earnings soar to ?1,25,106 crore
New Delhi : Coal freight drives Indian Railways’ growth, total earnings soar to ?1,25,106 crore. : Economic Times
Suzlon Energy shares surge 4% on Everrenew Energy contract
New Delhi : Suzlon Energy witnessed a surge of over 4.4 percent on January 5 to ?40.60 per share on NSE, propelled by the company securing a new contract for the development of a 225-MW wind power project from Everrenew Energy Private Ltd. : Mint
CERC’s new draft electricity tariffs: Little change for power utilities
New Delhi : The new draft power tariffs released by the CERC imply there will not be much change in the financial dynamics of the power sector once they come into effect in April this year since policy continuity has been maintained. : Business Standard
SJVN signs Power Purchase Agreement with UPCL for 200 MW Solar Power
New Delhi : Sh. Nand Lal Sharma, Chairman & Managing Director, SJVN Limited informed that SJVN, through its wholly owned subsidiary SJVN Green Energy Limited (SGEL) has signed a Power Usage Agreement (PUA) with Uttarakhand Power Corporation Ltd. (UPCL). : psuconnect.in
Ayodhya To Be Adorned With Solar Trees As Ram Temple Consecration Approaches
New Delhi : Ayodhya To Be Adorned With Solar Trees As Ram Temple Consecration Approaches. : saurenergy.com
Govt To Electrify 1L Unelectrified Tribal Households With Off-Grid Solar
New Delhi : Govt To Electrify 1L Unelectrified Tribal Households With Off-Grid Solar. : saurenergy.com
RECPDCL signs ?2,094 crore MoU with Gujarat govt for smart metering project”
New Delhi : RECPDCL signs ?2,094 crore MoU with Gujarat govt for smart metering project”. : Economic Times
Kavaratti’s first on-grid solar power plant with battery energy storage to save Rs 250 cr
New Delhi : Kavaratti’s first on-grid solar power plant with battery energy storage to save Rs 250 cr. : Economic Times
Swan Energy takes management control of Reliance Naval
New Delhi : Swan Energy takes management control of Reliance Naval. : Economic Times
Solar Energy Corporation participates in Aatmnirbhar Bharat Utsav 2024
New Delhi : Solar Energy Corporation participates in Aatmnirbhar Bharat Utsav 2024. : 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
SJVN signs power usage agreement with UPCL for 200 MW Solar Power
New Delhi : SJVN Limited, through its wholly owned subsidiary SJVN Green Energy Limited (SGEL) has signed a Power Usage Agreement (PUA) with Uttarakhand Power Corporation Limited (UPCL). : psuwatch.com
EESL distributes over 36.8 crore LED bulbs, 72 lakh tube lights, 23 lakh fans in past 9 years
New Delhi : State-owned Energy Efficiency Service Ltd (EESL) on Friday said it has distributed over 36.86 crore LED bulbs, 72.18 lakh tube lights, and 23.59 lakh fans as part of the UJALA scheme in nine years. : psuwatch.com
Nine commercial coal mines to be operational before FY24-end: Govt
New Delhi : A total of six commercial coal mines have already started coal production and three more are likely to start production in a couple of months, said the Coal Ministry on Friday. : psuwatch.com
Delhi’s peak winter power demand hits all-time high amid cold spell
New Delhi : Delhi’s peak winter power demand hits all-time high amid cold spell. : Economic Times
India records 38% rise in coal production to 14.04 million tonne in December
New Delhi : India records 38% rise in coal production to 14.04 million tonne in December. : Economic Times
IND Renewable Energy post nearly Rs 35 lakh net profit in Q3
New Delhi : IND Renewable Energy post nearly Rs 35 lakh net profit in Q3. : Economic Times
Indian scientists develops lead-free perovskite photodetector for safer solar energy generation
New Delhi : Indian scientists develops lead-free perovskite photodetector for safer solar energy generation. : Economic Times
Landmark Milestone by THDC towards commissioning of 2400 MW Tehri Power Complex
New Delhi : THDC India Limited, a premier Power Sector PSU has accomplished another significant milestone towards the commissioning of 2400 MW Tehri Power Complex as the Butterfly Valve (BFV) of the first Unit (U#5, 250 MW) of 1000 MW Tehri PSP was successfully lowered on the foundation on January 04, 2024. : psuconnect.in
Oil and Gas
” New Delhi : GAIL (India) Limited and Vitol Asia Pte Ltd, today announced the signing of a Long Term LNG deal into India for a supply of approximately one million metric tons of LNG per annum for a period of about 10 years, commencing 2026. Under this deal, Vitol will deliver LNG from its global LNG portfolio to GAIL in India on a pan-India basis.” : Sarkaritel.com
GAIL inks 10-year deal with Vitol for import of LNG
New Delhi : GAIL (India) Limited and Vitol Asia Pte Ltd on Friday announced the signing of a Long Term liquefied natural gas (LNG) deal into India for a supply of approximately one million metric tonNEs of LNG per annum for a period of about 10 years, commencing 2026. : Sarkaritel.com
GAIL inks 10-yr deal with Vitol for 1 mn metric tonne annual LNG supply to India
New Delhi : GAIL inks 10-yr deal with Vitol for 1 mn metric tonne annual LNG supply to India. : Economic Times
GAIL, Vitol sign long-term LNG supply deal
New Delhi : GAIL (India) Ltd has signed a long-term deal with Vitol Asia Pte Ltd for the supply of about 1 million metric tonnes of liquified natural gas every year to India. : Mint
GAIL & Vitol sign long-term LNG supply deal
New Delhi : GAIL (India) Limited and Vitol Asia Pte Limited on Friday announced the signing of a Long-Term LNG deal into India for a supply of approximately one million metric tons of LNG per annum for a period of about 10 years, commencing 2026. : psuwatch.com
GAIL (India) invests in fuel aggregator platform Nawgati
New Delhi : Country’s leading gas refining PSU, GAIL (India) Ltd has invested Rs 1 crore under its PANKH initiative in Nawgati, a fuel aggregator startup. : Times of India
GAIL and Vitol Asia’s long-term LNG deal will supply 1 million metric tons of LNG per annum
New Delhi : GAIL (India) Limited and Vitol Asia Pte Ltd, today announced the signing of a long-term LNG deal into India for a supply of approximately one million metric tons of LNG per annum for about 10 years, commencing 2026. : psuconnect.in
GAIL wins title of ‘India’s Mega Gas Grid Connectivity INFRACO’
Mumbai : GAIL won the title of “India’s Mega Gas Grid Connectivity INFRACO” and recognized for Pioneering BioGas/BioCNG in the CBG-CGD (City Gas Distribution) Synchronization Scheme at the prestigious 16th ENERTIA Awards 2023 on December 29, 2023, Mumbai. : psuconnect.in
GAIL Training Institute organises two day Knowledge & Experience Sharing Seminar
New Delhi : GAIL Training Institute (GTI) organised a two-day 16th edition of the Knowledge & Experience Sharing Seminar from 4-5th January 2024 aimed at fostering knowledge exchange of best practices across GAIL. : psuconnect.in
India set to halve oil refiners’ FY24 energy transition equity support
New Delhi : India set to halve oil refiners’ FY24 energy transition equity support. : Economic Times
Iran’s oil trade with China stalls as Tehran demands higher prices
New Delhi : Iran’s oil trade with China stalls as Tehran demands higher prices. : Economic Times
Russian November oil price for India hit 12-mth high
New Delhi : Russian November oil price for India hit 12-mth high. : Economic Times
Oil prices higher on Fed comments on inflation, Middle East tensions
New Delhi : Oil prices higher on Fed comments on inflation, Middle East tensions. : Economic Times
Saudi Arabian companies warn Aramco fuel price hike may curb earnings
New Delhi : Saudi Arabian companies warn Aramco fuel price hike may curb earnings. : Economic Times
Ujjwala subsidies may shine bright in next fiscal year as well
New Delhi : Ujjwala subsidies may shine bright in next fiscal year as well. : Mint
India, Guyana sign MoU to boost hydrocarbon cooperation, aiming to diversify energy sources
New Delhi : India, Guyana sign MoU to boost hydrocarbon cooperation, aiming to diversify energy sources. : Economic Times
Industrial PNG consumption surges, CGD sales hit 353,427 mmscmd
New Delhi : Industrial PNG consumption surges, CGD sales hit 353,427 mmscmd. : Economic Times
Red Sea crisis: India says it is closely monitoring the situation
New Delhi : Red Sea crisis: India says it is closely monitoring the situation. : Economic Times
Opinion: Europe’s gas price falls to encourage more industrial use
New Delhi : Opinion: Europe’s gas price falls to encourage more industrial use. : Economic Times
India to sign MoU with Guyana for buying crude oil
New Delhi : The Union Cabinet on Friday approved signing of a 5-year memorandum of understanding with Guyana for cooperation in the hydrocarbon sector including sourcing of crude oil. : psuwatch.com
Proposed ?30,000 crore capital infusion in oil PSUs may be cut by half
New Delhi : The government may halve its proposed ?30,000 crore of equity investments into Indian Oil, Bharat Petroleum (BPCL) and Hindustan Petroleum (HPCL) this fiscal year as these companies have clocked robust profits and don’t need major financial support for their planned transition to green energy, said people familiar with the matter. : Economic Times
Petrol and diesel prices on January 5: Check current rates in Mumbai, Delhi, Kolkata, other cities here
New Delhi : Petrol and diesel prices on January 5: Petrol and diesel prices were kept unchanged on Friday, January 5, in major cities like New Delhi, Kolkata, Mumbai, and Chennai. There were minor changes in some states. : Business Today
