09-Jan-2024
Power
” Gurgoan, Haryana : REC Limited, a Maharatna CPSE under the Ministry of Power, hosted a conference on ‘Financing for Roads and Highways’. The objective of the conference was to bring all key stakeholders under one roof and to discuss the financial aspects of the sector.” : Sarkaritel.com
REC LIMITED ORGANIZES A CONFERENCE ON FINANCING FOR ROADS & HIGHWAYS
Gurgoan, Haryana : REC Limited, a Maharatna CPSE under the Ministry of Power, hosted a conference on ‘Financing for Roads and Highways’. The objective of the conference was to bring all key stakeholders under one roof and to discuss the financial aspects of the sector. : globalgreenews.com
REC Limited Spearheads Road Financing Dialogue for Economic Growth
New Delhi : REC Limited Spearheads Road Financing Dialogue for Economic Growth. : newsip.in
NTPC Issues Bid For Green Hydrogen Component Makers In AP’s Proposed Industrial Hub
New Delhi : NTPC Issues Bid For Green Hydrogen Component Makers In AP’s Proposed Industrial Hub. : saurenergy.com
BHEL awarded GreenCo Rating
New Delhi : Under the ‘HARIT BHEL’ initiative which aims at bolstering its green credentials, BHEL is in the process of obtaining a CII GreenCo Rating for its manufacturing units. : psuconnect.in
NTPC Talcher Kaniha Supports Different Abled Persons
New Delhi : NTPC Talcher Kaniha distributed winter clothes to around 800 blind and different abled persons at Prajamandal Bhawan, Kaniha under its CSR initiative at a program organized by Utkalmani Gopabandhu Blind Relief Society, Kaniha on January 7. : psuconnect.in
India’s coal import rises 11.7 pc to 21 MT in Nov
New Delhi : India’s coal import rises 11.7 pc to 21 MT in Nov. : Economic Times
Sunsure Energy signs MoU with Tamil Nadu govt for Rs 3,150-cr investment
New Delhi : Sunsure Energy signs MoU with Tamil Nadu govt for Rs 3,150-cr investment. : Economic Times
Juniper Green Energy plans to invest Rs 8,000 cr for 1 GW projects; sets timeline by early 2026
New Delhi : Juniper Green Energy plans to invest Rs 8,000 cr for 1 GW projects; sets timeline by early 2026. : Economic Times
India targets 412 GW from renewables by 2030, aiming to cut fossil fuel share to 41%
New Delhi : India targets 412 GW from renewables by 2030, aiming to cut fossil fuel share to 41%. : Economic Times
Serentica Renewables bags ?3,500 crore loan for hybrid renewable energy project in India
New Delhi : Serentica Renewables bags ?3,500 crore loan for hybrid renewable energy project in India. : Economic Times
Government targets 186.6 MT of commercial coal production in FY25
New Delhi : The union ministry of coal has announced the target of 186.63 million tonnes (MT) of production from captive and commercial coal mines during FY25. : Mint
Govt launches Rs 515-cr solar scheme for electrification of houses in tribal areas
New Delhi : The Central government has launched a new solar scheme worth Rs 515 crore for electrification in Particularly Vulnerable Tribal Groups (PVTG) habitations and villages under the Pradhan Mantri Janjati Adivasi Nyaya Abhiyan (PM-JANMAN) programme. : psuwatch.com
Varanasi Set To Embrace 25,000 Solar Rooftops In Two Months
New Delhi : Varanasi Set To Embrace 25,000 Solar Rooftops In Two Months. : saurenergy.com
Envision Energy to supply 100 turbines for 300-MW wind project in Karnataka
New Delhi : Envision Energy to supply 100 turbines for 300-MW wind project in Karnataka. : Economic Times
IREDA sets 7.77% coupon on over 3-year bonds: Bankers
New Delhi : IREDA sets 7.77% coupon on over 3-year bonds: Bankers. : Economic Times
Centre approves over Rs. 24,000 crore for tribal solar electrification scheme
New Delhi : Centre approves over ?24,000 crore for tribal solar electrification scheme. : Economic Times
Nepal, India to strengthen power transmission systems; help each other in energy sector
New Delhi : Nepal, India to strengthen power transmission systems; help each other in energy sector. : Economic Times
PM Modi to visit Gujarat from Jan 8-10; will inaugurate Vibrant Gujarat Global Summit
New Delhi : PM Modi to visit Gujarat from. Jan 8-10; will inaugurate Vibrant Gujarat Global Summit : Economic Times
Tuticorin Coal Terminal: NCLAT dismisses plea by Jindal Power
New Delhi : National Company Law Appellate Tribunal (NCLAT) Monday dismissed an appeal by Jindal Power Limited against Mumbai National Company Law Tribunal (NCLT) ruling that disallowed the company from submitting a resolution plan in Tuticorin Coal Terminal’s insolvency process. : Economic Times
Adani’s ?4,100-crore offer for Lanco Unit to be the anchor bid
New Delhi : Adani Power’s ?4,100 crore unsolicited offer for Lanco Amarkantak Power will be the anchor bid for the proposed auction to sell the distressed thermal company, said people with knowledge of the matter. : Economic Times
ReNew’s 300MW project on sale
New Delhi : Nasdaq-listed ReNew will sell its 300 MW solar project in Rajasthan to India Grid Trust. : Mint
Indian Railways logs 6,577 route kms electrification in calendar year 2023
New Delhi : The Indian Railways achieved 6,577 route kilometres (RKMs) electrification in the calendar year 2023, the government said on Monday. : Business Standard
Power equipment sector’s order book charged up on transmission projects
New Delhi : Power equipment suppliers are sitting on surplus order books for the next two financial years on the back of record-high tendering of large-scale power transmission projects. : Business Standard
ReNew inks pact to sell 300 MW solar project to IndiGrid for $ 199 million
New Delhi : Decarbonisation solutions firm ReNew on Monday said it has inked an agreement to sell a 300 MW solar project to India Grid Trust for USD 199 million. : psuwatch.com
THDC India gears up for issuance of Corporate Bond Series-IX
New Delhi : THDC India Limited (THDCIL) hosted an Arrangers Meet on January 5, 2024, at its New Delhi office, underscoring the company’s dedication to transparency and collaboration. : psuconnect.in
ReNew Signs Contract To Sell 300 MW Solar Project With $199mn Valuation
New Delhi : ReNew Signs Contract To Sell 300 MW Solar Project With $199mn Valuation. : saurenergy.com
Railways Invite Bids for 1.1 MW Rooftop Solar Project in Bihar
New Delhi : Railways Invite Bids for 1.1 MW Rooftop Solar Project in Bihar. : mercomindia.com
Tata Power, Adani lead Rs 6.64 trn funding plans at TN Investor Meet
New Delhi : Driven by mega investment proposals from Tata Power, Adani group, Singapore’s Sembcorp Industries and Leap Green Energy, among others, the two-day Global Investors Meet 2024 in Tamil Nadu is expecting an infusion of around Rs 6.64 trillion. : Business Standard
Adani Green Energy announces redemption plan for $750 million Holdco bond
New Delhi : Adani Green Energy Limited (AGEL) has announced a plan to fully redeem its $750 million bond due in September to help bolster investor confidence following recent market challenges through a filing on the exchanges on Friday. : Business Standard
Himachal State Electricity Board will have to stand on its own feet: Sukhu
Shimla : Himachal State Electricity Board will have to stand on its own feet: Sukhu. : Economic Times
Oil and Gas
” New Delhi : ONGC announces the successful commencement of “First Oil” from the deep-water KG-DWN-98/2 Block, situated off the coast of Bay of Bengal. This 98/2 project is likely to increase ONGC’s total Oil and Gas production by 11 percent and 15 percent respectively.” : Sarkaritel.com
” New Delhi : OIL signed a Joint Venture Agreement (JVA) with Assam Power Generation Corporation Ltd. (APGCL), a State Public Sector Enterprise of Assam, mainly responsible for maximizing energy generation to meet the energy demand and committed to achieve maximum renewable power generation in the state, on 8th of January, 2024 at Guwahati in order to boost India’s efforts towards energy transition and for achieving OIL’s target for net zero by 2040.” : Sarkaritel.com
PM Modi hails commencement of oil production from ONGC project in Krishna Godavari basin
New Delhi : Prime Minister Narendra Modi on Monday hailed the start of oil production from state-owned ONGC’s flagship deep-sea project in Krishna Godavari basin, saying this is a remarkable step in India’s energy journey and boosts the mission for an ‘Aatmanirbhar Bharat’. : Economic Times
ONGC begins oil production in Krishna Godavari Basin deep-sea project
New Delhi : The Oil and Natural Gas Corporation (ONGC) has started oil production from its much-delayed flagship deep-sea project in Krishna Godavari basin in Bay of Bengal, helping reverse years of decline in output, the company said. : thestatesman.com
Last Updated: Jan 08, 2024 , 2:04PM ONGC starts oil production from its flagship deep-sea project in Krishna Godavari basin in Bay of Bengal
New Delhi : State-owned Oil and Natural Gas Corporation (ONGC) has started oil production from its flagship deep-sea project in Krishna Godavari basin in Bay of Bengal. : newsonair.com
ONGC starts producing oil from deep-sea KG basin
New Delhi : Oil and Natural Gas Corporation (ONGC) has started oil production from its Krishna Godavari (KG) basin deep-sea project in Bay of Bengal, which will enable India to reverse the decline in the domestic output that has taken place in recent years. : Sarkaritel.com
ONGC starts oil production from its flagship deep-sea project in Krishna-Godavari basin
New Delhi : Oil and Natural Gas Corporation (ONGC) has started crude oil production from its massive deep-sea project in the Krishna-Godavari (KG) basin block KG-DWN-98/2, which was hit by multiple delays and deadline extensions over the past few years. : Indian Express
Red Sea threats unlikely to deter Russia’s dominance as India’s top crude supplier: S&P GCI
New Delhi : Red Sea threats unlikely to deter Russia’s dominance as India’s top crude supplier: S&P GCI. : Economic Times
APGCL inks pact with OIL for green energy business
Guwahati : Assam Power Generation Corporation Ltd. (APGCL), a public sector enterprise of the state government, on Monday, signed a Joint Venture Agreement (JVA) with Oil India Ltd (OIL) for maximizing energy generation to meet the energy demand and committed to achieving maximum renewable power generation in the state. : nenow.in
OIL signed JVA with Assam Power Generation Corporation Ltd to work together in Renewable / Green Energy Business
New Delhi : Oil India Limited (OIL) signed a Joint Venture Agreement (JVA) with Assam Power Generation Corporation Ltd. (APGCL), a State Public Sector Enterprise of Assam, mainly responsible for maximizing energy generation to meet the energy demand and committed to achieve maximum renewable power generation in the state, on 8th of January, 2024 at Guwahati in order to boost India’s efforts towards energy transition and for achieving OIL’s target for net zero by 2040. : Equity Bulls
ONGC seeks premium over govt price for coal seam gas
New Delhi : ONGC seeks premium over govt price for coal seam gas. : Economic Times
ONGC starts oil production from KG-DWN-98/2 block, eyes 11% increase in output
New Delhi : ONGC starts oil production from KG-DWN-98/2 block, eyes 11% increase in output. : Economic Times
Oil India targets 2.5 times rise in revenue by ’30: CMD
New Delhi : Oil India Ltd is targeting to raise its annual revenues two-and-a-half times to Rs 1 lakh crore by 2030, aided by its planned tripling of refining capacity and expansion of exploration activity across the country, its chairman Ranjit Rath has said. : Economic Times
First oil was recovered from the Krishna Godavari Basin thirty kilometers off the shore of Kakinada: Hardeep Puri
New Delhi : The country’s first crude find, Krishna Godavari Deep-Water Block 98/2 in the Bay of Bengal, has seen the start of “first oil” production by state-owned oil corporation ONGC. In the Krishna Godavari basin, thirty kilometers off the coast of Kakinada, is where the oil is extracted. : Economic Times
Russia maintains lead as India’s top oil supplier, commanding over 35% of imports despite recent slowdown
New Delhi : Russia maintains lead as India’s top oil supplier, commanding over 35% of imports despite recent slowdown. : Economic Times
ONGC cuts peak KG basin crude estimate by 40%
New Delhi : ONGC has cut estimates of peak crude oil and gas output from its $5 billion KG basin project by 35-40% even as it began producing oil from the offshore deepwater field on Sunday. : Economic Times
India’s fuel demand hits seven-month high in December
New Delhi : India’s fuel demand hits seven-month high in December. : Economic Times
ONGC starts oil production from $5 billion deep-water project
New Delhi : Maharatna Petroleum PSU, Oil and Natural Gas Corporation (ONGC) has started oil production from its much-delayed flagship deep-sea project in Krishna Godavari basin in Bay of Bengal, helping reverse years of decline in output, the company said. : psuwatch.com
ONGC stock price hits 52-week high with initiation of oil production from deep water block KG basin
New Delhi : The stock market prices of state-owned company ONGC has hit a 52-week high of Rs220.3 per share on BSE on Monday morning. The commencement of ‘First Oil’ production from the deep-water block in Krishna Godavari basin, has promptly surged the share prices for the same. : psuconnect.in
PM Modi to visit Gujarat from Jan 8-10; will inaugurate Vibrant Gujarat Global Summit
New Delhi : PM Modi to visit Gujarat from Jan 8-10; will inaugurate Vibrant Gujarat Global Summit. : Economic Times
IEA forecasts 6% share for biofuels in road transport by 2030: S&P GCI
New Delhi : IEA forecasts 6% share for biofuels in road transport by 2030: S&P GCI. : Economic Times
ONGC strikes ‘First Oil’ in Bay of Bengal, starts production from KG-DWN-98/2 Block
New Delhi : ONGC announces the successful commencement of “First Oil” from the deep-water KG-DWN-98/2 Block, situated off the coast of Bay of Bengal. This 98/2 project is likely to increase ONGC’s total Oil and Gas production by 11 percent and 15 percent respectively. : psuconnect.in
Crude prices to steady between $60-$90; India’s Russian oil imports to rebound post-maintenance
New Delhi : Crude prices to steady between $60-$90; India’s Russian oil imports to rebound post-maintenance. : Economic Times
Libya says it suspended oil production at largest field after protesters forced its closure
New Delhi : Libya says it suspended oil production at largest field after protesters forced its closure. : Economic Times
Duty concessions on petrochemical products a sticking point in India-Oman FTA talks
New Delhi : Duty concessions on petrochemical products a sticking point in India-Oman FTA talks. : Economic Times
Independent panel to address grievances related to auction of domestic natural gas
New Delhi : The government has set up an ‘independent oversight committee’ to address the grievances of buyers and sellers of domestic natural gas in auctions conducted by empanelled agencies. : Economic Times
Factors that influence petrol price in your city
New Delhi : Unrefined or crude oil is a commodity traded on the global market. In our nation, the cost of petrol and diesel is directly impacted by changes in the price of this commodity. Crude oil prices fluctuate based on shifts in the supply and demand for it. Moreover, the price of crude oil is directly impacted by future supplies and reserves as well as global political dynamics. : Economic Times
NTPC Issues Bid For Green Hydrogen Component Makers In AP’s Proposed Industrial Hub
New Delhi : NTPC Issues Bid For Green Hydrogen Component Makers In AP’s Proposed Industrial Hub. : saurenergy.com
Petrol, Diesel Fresh Prices Announced For January 8: Check Fuel Rates In Your City
New Delhi : Petrol, and Diesel Prices on January 8: There is a slight decline in the prices of crude oil in the international market today. At around 6 am on Monday morning, WTI crude is falling and is being sold at $ 73.67 per barrel. : news18.com
