22-Jan-2024
Power
IREDA net profit surges 67% in Oct-Dec quarter
Mumbai : Indian Renewable Energy Development Agency Ltd (IREDA) on Saturday reported an of 67.15 per cent year-on-year increase in its net profit at Rs 335.54 crore for the October-December of the current financial year. : Sarkaritel.com
NTPC Auraiya Concludes Successful GEM Winter Workshop
New Delhi : NTPC Auraiya proudly wrapped up its GEM Winter Workshop on January 19, 2024, after an enriching five-day event that commenced on January 15, 2024. : psuconnect.in
BHEL bagged EEPC’s Export Excellence Award
New Delhi : For sterling export performance, Bharat Heavy Electricals Limited, an Indian central public sector undertaking and the largest government-owned power generation equipment manufacturer has yet again been awarded the EEPC’s Export Excellence Award. The ‘Top Exporter for the year 2018-19 – Gold Trophy’. : psuconnect.in
Government clears CIL plan to pump Rs 5,607 crore into 2 thermal power projects
New Delhi : Government clears CIL plan to pump Rs 5,607 crore into 2 thermal power projects. : Economic Times
MahaMetro signs solar power deal with Delhi-based Ampin Energy
Nagpur : MahaMetro signs solar power deal with Delhi-based Ampin Energy. : Economic Times
India’s power consumption grows nearly 8% to 1,221.15 bn units in Apr-Dec
New Delhi : Power consumption in the country witnessed an on-year rise of nearly 8 per cent to 1,221.15 billion units (BU) during the April-December period of this fiscal, indicating a surge in economic activities. : Economic Times
India slashes power shortage to under 1 percent, aims for 65 percent renewable capacity by 2030: R. K. Singh
New Delhi : India slashes power shortage to under 1 percent, aims for 65 percent renewable capacity by 2030: R. K. Singh. : Economic Times
Gautam Adani bets big on vast solar and wind plant
New Delhi : Gautam Adani bets big on vast solar and wind plant. : Economic Times
Delhi discoms, UP’s NPCL top performance ratings of power distribution companies
New Delhi : Delhi’s BSES Rajdhani Power Ltd, BSES Yamuna Power Ltd, and Tata Power Delhi Distribution Company and Noida Power Company Ltd have topped the ratings of the power distribution companies in the country in FY23. : Economic Times
NTPC Subsidiary Issues Tender for 6.35 MW Rooftop Solar Projects
New Delhi : NTPC Subsidiary Issues Tender for 6.35 MW Rooftop Solar Projects. : mercomindia.com
Q3 Results: IREDA posts 67% growth in net profit, earnings per share up by 57%
New Delhi : Indian Renewable Energy Development Agency (IREDA) Limited on Saturday announced its audited financial results for the third quarter of the fiscal year 2023-24. : psuwatch.com
Coal and Lignite PSUs further Step Up Energy Efficiency Measures
New Delhi : India is committed to reduce Emissions Intensity of its GDP by 45 per cent by 2030 as per the updated NDC. In alignment of this, Coal Sector is at the forefront in leading energy conservation and efficiency measures recognizing the paramount importance of judicious energy resource utilization. : psuconnect.in
Oil and Gas
Oil India Ltd & GMC ink MoU to collaborate on transformation of Municipal Solid Waste into compressed biogas
New Delhi : In a move towards environmental sustainability and cleaner energy solutions, Oil India Limited (OIL) and Guwahati Municipal Corporation (GMC) inked a Memorandum of Understanding (MoU) to collaborate on the transformation of Municipal Solid Waste (MSW) into Compressed Biogas (CBG). : Economic Times
Reliance to commission new energy giga complex this year
New Delhi : Billionaire Mukesh Ambani’s Reliance Industries Ltd will commission a new energy giga complex in Gujarat in the second half of 2024, the company said in an earnings statement and investor call. Reliance is building a giga complex spread over 5,000 acres in Jamnagar in Gujarat. : Economic Times
OIL, GMC sign MoU to convert municipal solid waste into CBG
New Delhi : In a move towards environmental sustainability and cleaner energy solutions, Oil India Limited (OIL) and Guwahati Municipal Corporation (GMC) have inked a memorandum of understanding (MoU) on Saturday to collaborate on the transformation of municipal solid waste (MSW) into compressed bio gas (CBG). : psuwatch.com
Reliance net profit rises 9%, planned shutdown at oil refinery subdues earnings
New Delhi : Reliance net profit rises 9%, planned shutdown at oil refinery subdues earnings. : Economic Times
Oil PSUs achieve 84% of capex target in first 9 months of FY24
New Delhi : State-run oil companies made a capital spending of ‘89,000 crore in the first nine months of the current fiscal year as they enhanced new production and distribution facilities. : Economic Times
State-run oil companies uplifted with Rs 89,000 crore capital spending
New Delhi : The Oil Ministry has accorded the spending to be about 84% of the combined capex target of Rs 106,000 crore for the current fiscal year. Oil companies expended more than Rs 100,000 crore in capex annually. : psuconnect.in
Minister Hardeep Singh inaugurates Ethanol to Sustainable Aviation Fuel demo plant
New Delhi : Union Minister for Petroleum and Natural Gas Shri Hardeep Singh Puri inaugurated the Ethanol to Sustainable Aviation Fuel demo plant, at the state-of-the-art R&D centre facility of biofuel pioneer, PRAJ Industries Ltd. in Pune today. : psuconnect.in
India defers $602 mln plan to fill parts of strategic petroleum reserve
New Delhi : India has deferred a 50-billion-rupee ($601.78 million) plan to fill parts of its strategic petroleum reserve, keeping in mind emerging trends in oil markets, the finance ministry said on Saturday. : Economic Times
Govt defers ?50 billion plan to fill parts of strategic petroleum reserve
New Delhi : India has deferred a 50-billion-rupee ($601.78 million) plan to fill parts of its strategic petroleum reserve, keeping in mind emerging trends in oil markets, the finance ministry said on Saturday. : Mint
India’s Basket of Crude Price not likely to Decline in FY25
New Delhi : India’s Basket of Crude Price not likely to Decline in FY25. : Mint
Ministry Official Visits Offshore Sites in Western India, Highlighting Oil & Gas Production Push
New Delhi : Ministry of Petroleum and Natural Gas, Government of India Additional Secretary and ONGC Government Nominee Director Praveen Mal Khanooja, IA&AS, visited Rig Key Singapore, B173 WHP and Heera Process Complex in Western Offshore on 19 January 2024. : psuconnect.in
Red Sea: Oil market makes plan to navigate weeks-long troubled waters amidst Houthi threats
New Delhi : The oil market appears to be bracing for a weeks-long disruption to shipping in the southern Red Sea, where Houthi militants have for months been attacking merchant vessels in response to Israel’s war in Gaza. : Economic Times
Reliance Industries to commission green energy giga complex in Jamnagar in H2 of 2024
New Delhi : Reliance Industries Ltd (RIL) will commission a new energy giga complex in Jamnagar, Gujarat in the second half of 2024, the company said in an earnings statement. : Mint
India Energy Week: Goa fully charged
Panaji : As the India Energy Week (IEW) 2024 draws near, various government departments and the Union ministry for petroleum and natural gas are working to cover all logistical and environmental aspects involved in hosting the international gathering. : Times of India
