30-Jan-2024
Power
” New Delhi : NTPC Bongaigaon today signed two MoAs with District Administration, Kokrajhar for development of infrastructure at Jawahar Navodaya Vidyalaya, Kokrajhar and installation of Public Gym equipment at Gandhi Park at Kokrajhar under its Corporate Social Responsibility.” : Sarkaritel.com
” New Delhi : India’s 75th Republic Day was celebrated with fervour and gaiety by BHEL at all its offices across the country. Sh. Koppu Sadashiv Murthy, CMD, BHEL, unfurled the national flag at a function in the company’s township in Noida in the presence of Functional Directors on the Board of BHEL, and other senior officials.” : Sarkaritel.com
” New Delhi : The 2024 Top Employers have been announced and NTPC Limited has been certified as a Top Employer in India by the Top Employers Institute. Dillip Kumar Patel, Director (HR), received the Award on behalf of NTPC at the Top Employers 2024 Certification Celebration Event held on 25th January, 2024, at Singapore.” : Sarkaritel.com
NTPC – 9M FY24 Unaudited Results: PAT up 8.67% (Standalone) & 21.16% (Consolidated)
New Delhi : The Country’s largest power generator – NTPC Ltd., with a present group installed capacity of almost 74 GW, declared unaudited financial results for third Quarter and Nine Months ending 31 December 2023. : Sarkaritel.com
Tata Power Renewable Energy installs 1,000 kW bifacial solar project in West Bengal
New Delhi : Tata Power Re.newable Energy installs 1,000 kW bifacial solar project in West Bengal : Economic Times
Adani Energy Solutions net down 27 pc to Rs 348 cr in Oct-Dec quarter
New Delhi : Adani Energy Solutions net down 27 pc to Rs 348 cr in Oct-Dec quarter. : Economic Times
Rajasthan to adopt Maharashtra model to supply electricity to farmers during daytime
New Delhi : Rajasthan to adopt Maharashtra model to supply electricity to farmers during daytime. : Economic Times
Tata Power proposes tariff revisions in Mumbai with sharpest jump for lower end consumers
New Delhi : Discom Tata Power on Monday proposed a “rationalization” of tariffs, which could see a sharp rise in power rates especially for lower end consumers. : Economic Times
Green Thrust:India Ought to Accelerate its Adoption of Nuclear power
New Delhi : Green Thrust:India Ought to Accelerate its Adoption of Nuclear power. : Mint
NTPC Q3 results: Net profit increases by 10% QoQ to ?5,209 crore; company approves interim dividend
New Delhi : NTPC Q3 results: NTPC reported a 10.2% QoQ rise in its net consolidated profit to ?5209 crore during the third quarter of FY 23-24. The company’s net profit increased by 7 per cent YoY from ?4,854.36 crore in the year-ago period. : Mint
Tata Power Renewable Energy installs 1,000 kW bifacial solar project in West Bengal
New Delhi : Tata Power Renewable Energy Ltd (TPREL) on Monday said it has commissioned a 1,000-kilowatt bifacial solar system project in West Bengal. : psuwatch.com
Delhi Govt Announces ‘Free Electricity’ For Solar Rooftop Users
New Delhi : Delhi Govt Announces ‘Free Electricity’ For Solar Rooftop Users. : saurenergy.com
How firm and dispatchable renewable energy is transforming India’s sustainable energy landscape
New Delhi : How firm and dispatchable renewable energy is transforming India’s sustainable energy landscape. : Economic Times
ALMM to keep margins of solar module makers at 12-14 per cent next fiscal: CRISIL
New Delhi : ALMM to keep margins of solar module makers at 12-14 per cent next fiscal: CRISIL. : Economic Times
India Energy Week 2024 gears up for 2nd Edition with 17 international ministers, 35,000 attendees in Goa
New Delhi : India Energy Week 2024 gears up for 2nd Edition with 17 international ministers, 35,000 attendees in Goa. : Economic Times
Global corporate funding in solar sector touches decade high of USD 34.3 bn in 2023: Mercom
New Delhi : Global corporate funding in solar sector touches decade high of USD 34.3 bn in 2023: Mercom. : Economic Times
Govt diverts Chenab river water to expedite hydro electric project in J&K
New Delhi : Govt diverts Chenab river water to expedite hydro electric project in J&K. : Economic Times
Coal India, WCL to set up green energy projects at closed mines in Chhindwara area: Coal Secy
New Delhi : Coal India, WCL to set up green energy projects at closed mines in Chhindwara area: Coal Secy. : Economic Times
Polaris bags contract for Rs 5,200 crore smart meter installations in Uttar Pradesh
New Delhi : Polaris bags contract for Rs 5,200 crore smart meter installations in Uttar Pradesh. : Economic Times
Adani Green completes funding of reserves for USD 750 million Holdco Bond
New Delhi : Adani Green completes funding of reserves for USD 750 million Holdco Bond. : Economic Times
Adani Green Energy Q3 net profit jumps to Rs 256 crore
New Delhi : Adani Green Energy Q3 net profit jumps to Rs 256 crore. : Economic Times
Inox Wind’s 3 MW turbines enlisted in revised list of models and manufacturers by MNRE
New Delhi : Inox Wind’s 3 MW turbines enlisted in revised list of models and manufacturers by MNRE. : Economic Times
Adani Energy Solutions appoints Kunjal Mehta as CFO
New Delhi : Adani Energy Solutions Ltd on Monday announced the appointment of Kunjal Mehta as its Chief Financial Officer with effect from April 1, 2024. : Economic Times
Govt, industry gear up for India Energy Week in Goa; to showcase business opportunities
New Delhi : India is set to showcase its vast portfolio of business opportunities when energy ministers from 17 nations and corporate titans from across the globe gather for the annual industry dialogue, India Energy Week (IEW), in Goa next month. : Economic Times
Rajasthan govt turns to open market as power cuts hit irrigation
New Delhi : Power companies in Rajasthan are imposing four-to-five hour cuts to meet the domestic demand, causing losses to winter crop irrigation, industry bodies claim. : Business Standard
NTPC certified as a top employer 2024 in India by the Top Employers Institute
New Delhi : The 2024 Top Employers have been announced and NTPC Limited has been certified as a Top Employer in India by the Top Employers Institute. NTPC’s Director (HR) Dillip Kumar Patel received the award on behalf of NTPC at the Top Employers 2024 Certification Celebration Event held on January 25, at Singapore. : psuwatch.com
IEW 2024: 17 energy ministers to attend, 6 countries to have dedicated pavilions
New Delhi : Addressing the media at the curtain raiser press conference, Minister for Petroleum and Natural Gas Hardeep Singh Puri said that the second edition of India Energy Week (IEW 2024). : psuwatch.com
Ratle Hydroelectric on track: Chenab River successfully diverted
New Delhi : A major milestone has been achieved at the 850 MW Ratle Hydro Electric Project in Jammu & Kashmir, with the diversion of Chenab river through diversion tunnels at Drabshalla in Kishtwar district, at 11.30 A.M. on January 27, 2024. : psuconnect.in
NTPC Limited certified as a Top Employer in India
New Delhi : The 2024 Top Employers have been announced and NTPC Limited has been certified as a Top Employer in India by the Top Employers Institute. : psuconnect.in
India’s Renewable Energy Capacity To Reach 54% By 2047: NREL
New Delhi : India’s Renewable Energy Capacity To Reach 54% By 2047: NREL. : saurenergy.com
Inox Wind 3 MW WTGs make entry in MNRE’s list of approved turbines
New Delhi : The Government has included 3 megawatt (MW) wind turbine generators of wind energy solutions provider Inox Wind in its revised list of models and manufacturers, the company said in a statement. : psuwatch.com
Oil and Gas
GAIL PAT jumps 42% to Rs 6,660 Crores for Nine months ended 31.12.2023 vis-à-vis Rs 4,698 Crores for the corresponding period of the previous year
New Delhi : GAIL (India) Ltd reported Revenue from Operations of Rs 98,304 crores for up to Q3 FY24 as compared to Rs 1,11,443 crores in the corresponding period of the financial year 2022-23. Profit before Tax (PBT) for up to Q3 FY24 stood at Rs 8,713 crores, up by 45% as compared to Rs 5,993 crores for the corresponding period in the previous year. : Sarkaritel.com
” New Delhi : “India today on the energy front presents the picture of confidence of positive growth of solutions in many areas.India Energy Week (IEW) represents a golden opportunity toshowcase these developments on the energy front and provide the platform for further development and growth in the energy sector.”, said Hardeep Singh Puri, Minister of Petroleum & Natural Gas and Housing &Urban Affairs.” : Sarkaritel.com
GAIL and ADNOC Gas ink a Long-term LNG contract
New Delhi : GAIL (India) Limited, India’s largest Natural Gas company, has successfully concluded a long-term LNG purchase agreement for purchase of around 0.5 MMTPA LNG from ADNOC Gas. : Sarkaritel.com
” New Delhi : GAIL (India) Limited reached a significant milestone of connecting 2.5 lakh followers on social media platform LinkedIn through its various Social & Digital communication initiatives.” : Sarkaritel.com
GAIL Q3 results: Consolidated net profit up multi-fold to Rs 3,193 crore
New Delhi : GAIL (India) on January 29 reported a multi-fold increase in consolidated net profit at Rs 3,193.34 crore in the third quarter of the financial year 2023-24 amid softening in liquefied natural gas (LNG) prices from last year. : Moneycontrol.com
GAIL Q3 profit rises multifold to ?3,193 crore on cheaper LNG
New Delhi : State-run GAIL (India) on Monday reported a multifold jump in its consolidated net profit for the quarter ended December at ?3,193.34 crore, buoyed by a fall in international prices of liquefied natural gas (LNG) and increase in transmission tariff. : Mint
GAIL Q3 results: Net profit up 10-fold at Rs 2,843 cr, revenue remains flat
New Delhi : State-owned gas utility GAIL (India) Ltd on Monday reported a 10-fold jump in its third quarter net profit as all engines of its business. Standalone net profit of the the nation’s largest gas transmission and marketing firm came at Rs 2,842.62 crore in October-December — the third quarter of the current fiscal year that started in April 2023 — as compared to Rs 245.73 crore earning a year back, the company said in a statement. : Business Standard
BPCL Q3 net profit jumps 82% to Rs 3,181 crore
New Delhi : Bharat Petroleum Corporation Ltd (BPCL) on Monday reported an 82% rise in consolidated net profit for the December quarter, supported by higher margin on fuel sales and handsome refining margins. : Economic Times
GAIL inks gas deal with Adnoc
New Delhi : Gas utility GAIL on Monday signed an agreement with UAE’s national oil company Adnoc for sourcing half a million tonne of liquefied natural gas annually, marking the state-run utility’s second term deal this month to tie up total supplies valued at about $7 billion. : Times of India
GAIL signs long-term LNG deal with UAE’s ADNOC Gas
New Delhi : GAIL has signed a deal with UAE’s ADNOC Gas to buy 0.5 million tonnes of liquefied natural gas (LNG) annually for ten years, the Indian firm said in a statement. : Economic Times
Mukesh Ambani’s Reliance Industries set for record as Red Sea crisis proves a boon
New Delhi : Mukesh Ambani’s Reliance Industries set for record as Red Sea crisis proves a boon. : Economic Times
Gail Q3 results: Consolidated net profit jumps 700% to Rs 3,193 cr
New Delhi : State-run gas supplier Gail on Tuesday reported a massive 703 per cent rise in consolidated net profit at Rs 3,193.34 crore in the third quarter (October-December) of 2023-24 (FY24) against Rs 397.59 crore in the year-ago period. Sequentially, its net profit rose 30.75 per cent, up from Rs 2,442.18 crore. : Business Standard
PM to meet global oil & gas companies’ CEOs next week
New Delhi : Prime Minister Narendra Modi will next week meet chief executives of top Indian and foreign oil and gas companies, where topics like energy supplies amid geopolitical conflicts and attracting investments are likely to be discussed. : psuwatch.com
BPCL Q3 Results: Reports 73.4% Y-o-Y jump in net profit to Rs 3,397 crore
New Delhi : The Fuel Giant and leading PSU, Bharat Petroleum Corporation Ltd (BPCL) has announced its quarter result for the Financial Year 2023-2024 on Monday, January 29, 20224. : psuconnect.in
HPCL’s Badaun Biogas Plant to Reduce Stubble Burning
New Delhi : The Compressed Biogas Plant inaugurated at Badaun, UP, is commissioned under the parent firm HPCL [Hindustan Petroleum Corporation Limited] and has a processing capacity of 100 MTPD of rice straw, generating 14 MTPD of CBG along with 65 MTPD of solid manure. : psuconnect.in
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On January 29
New Delhi : Petrol, Diesel Prices Today On January 29, 2024: Each day at 6 am, the prices of petrol and diesel are disclosed, irrespective of whether they are experiencing fluctuations or remaining constant. : news18.com
GAIL Q3 Results: Profit surges 672.1% to Rs 3,194.62 crore, revenue drops by 3.3% on-year
New Delhi : GAIL (India) Limited on Monday recorded Q3FY24 profit at Rs 3,194.62 crore, registering an increase of 672.1 per cent on-year in comparison to Rs 413.76 crore during the same period last year, beating estimates. : Financial Express
GAIL Q3 Results: Net profit at ?2,843 crore; ?5.5 per share dividend declared
New Delhi : GAIL (India) Ltd, the country’s largest gas distributor, reported an almost 18% surge in quarterly profit on Monday, January 29, amid softening in liquefied natural gas (LNG) prices from last year. : cnbc.com
GAIL to buy 0.5 MTPA LNG from ADNOC for 10 years, beginning 2026
New Delhi : State-run GAIL India on Monday said that it has signed a long term contract for procuring liquefied natural gas (LNG) from the Abu Dhabi National Oil Company (ADNOC) of 0.5 MTPA for a period of ten years beginning 2026. : Business Line
GAIL inks LNG import deal with UAE’s ADNOC
New Delhi : India’s biggest gas firm GAIL on Monday said it has signed an agreement to buy 0.5 million tonne per annum of LNG from UAE’s ADNOC-Gas, the second supply deal it has stitched this month as part of shoring up supplies to meet energy demands of the country. : millenniumpost.in
GAIL signs long-term LNG purchase agreement with ADNOC Gas
New Delhi : State-run GAIL (India) on January 29 inked a long-term LNG purchase agreement with Abu Dhabi National Oil Company (ADNOC) Gas for around 0.5 MMTPA LNG. : Moneycontrol.com
ReNew proposes to invest Rs 26,400 crore for green hydrogen project in Kerala
New Delhi : ReNew proposes to invest Rs 26,400 crore for green hydrogen project in Kerala. : Economic Times
Natural gas production up by 6.1%, LNG imports grow by 12.8%: PPAC
New Delhi : Natural gas production up by 6.1%, LNG imports grow by 12.8%: PPAC. : Economic Times
India Energy Week 2024: PM Modi to hold talks with global Oil & Gas CEOs
New Delhi : India Energy Week 2024: PM Modi to hold talks with global Oil & Gas CEOs. : Economic Times
Houthi hit on Russian crude forces traders to assess risks
New Delhi : Houthi hit on Russian crude forces traders to assess risks. : Economic Times
Russia’s planned gas pipeline to China faces construction delay: Report
New Delhi : Russia’s planned gas pipeline to China faces construction delay: Report. : Economic Times
Natural gas production up by 6.1%, LNG imports grow by 12.8%: PPAC
New Delhi : Natural gas production up by 6.1%, LNG imports grow by 12.8%: PPAC. : Economic Times
Gas under GST? Oil sector’s big ask from Budget 2024
New Delhi : Gas under GST? Oil sector’s big ask from Budget 2024. : Economic Times
GAIL net profit jumps 10-fold in Q3 as all engines fire
New Delhi : GAIL net profit jumps 10-fold in Q3 as all engines fire. : Economic Times
Red Sea route accounts for 50% country’s exports, 30% of imports: Report
New Delhi : Red Sea route accounts for 50% country’s exports, 30% of imports: Report. : Economic Times
Govt, industry gear up for India Energy Week in Goa; to showcase business opportunities
New Delhi : India is set to showcase its vast portfolio of business opportunities when energy ministers from 17 nations and corporate titans from across the globe gather for the annual industry dialogue, India Energy Week (IEW), in Goa next month. : Economic Times
India’s crude oil production drops by 1.03%, processing rises to 22.7 MMT in December 2023: PPAC
New Delhi : India’s crude oil production drops by 1.03%, processing rises to 22.7 MMT in December 2023: PPAC. : Economic Times
Uttar Pradesh’s clean energy landscape to expand with 100+ biogas plants, begins with Budaun: Puri
New Delhi : Uttar Pradesh’s clean energy landscape to expand with 100+ biogas plants, begins with Budaun: Puri. : Economic Times
India’s gas demand to rise 6% in 2024: IEA
New Delhi : India’s gas demand to rise 6% in 2024: IEA. : Economic Times
India ‘concerned,’ will discuss Red Sea crisis on sidelines of IEW 2024: Puri
New Delhi : Stating that India is concerned but not worried about the ongoing crisis in the Red Sea, Minister for Petroleum and Natural Gas Hardeep Singh Puri said on Monday that the country will discuss the crisis with other nations on the sidelines of the upcoming India Energy Week (IEW) 2024 in Goa. : psuwatch.com
IEW 2024: 17 energy ministers to attend, 6 countries to have dedicated pavilions
New Delhi : Addressing the media at the curtain raiser press conference, Minister for Petroleum and Natural Gas Hardeep Singh Puri said that the second edition of India Energy Week (IEW 2024). : psuwatch.com
VA Tech Wabag & Peak Sustainability Ventures to set up 100 bio-CNG plants
New Delhi : VA Tech Wabag Limited (WABAG), a leading pure-play water technology company, has signed an agreement with Peak Sustainability Ventures (Peak) to establish 100 Bio-CNG plants at sewage treatment facilities across India and other mutually agreed-upon locations in the GCC, Africa, and European countries. : Economic Times
BPCL Q3 results: Net profit surges 82% to ?3,181.42 crore
New Delhi : Bharat Petroleum Corporation Limited (BPCL) on Monday declared its financial results for the third quarter (Q3) ended December 31, 2023 of fiscal year 2024 (FY24). : Mint
India’s gas demand to rise 6% in 2024: IEA
New Delhi : India’s natural gas demand is expected to rise by 6 percent in 2024 with a rise in consumption in fertiliser units, power generation and industrial sectors, according to the International Energy Agency (IEA). : psuwatch.com
GAIL signs long-term LNG purchase deal with ADNOC LNG
New Delhi : GAIL (India) Limited has successfully concluded a long-term LNG purchase agreement for the purchase of around 0.5 MMTPA LNG from ADNOC Gas. “This is pursuant to an MoU dated October 30, 2022 between GAIL and Abu Dhabi National Oil Company (ADNOC). : psuwatch.com
BPCL Q3 net profit jumps 82% on higher refining, market margins
New Delhi : State-owned Bharat Petroleum Corporation Ltd (BPCL) on Monday reported an 82 percent jump in its December quarter net profit on the back of higher-than-expected refining margins and a rise in margins on fuel sales. : psuwatch.com
BPCL plans to cut carbon footprints by abolishing more than 11,000 trees
New Delhi : The Bombay High Court has passed an approving order to the state-owned oil company to cut 11,677 trees, including 10,582 mangroves, for laying four pipelines from its refinery in Mhul in Chembur to Rasayani in Raigad district. The court has estimated that the project was in the larger public interest. : psuconnect.in
