11-July-2024
Power
” New Delhi : The Union Minister for Power and Housing & Urban Affairs, Manohar Lal reviewed the power sector for Chhattisgarh in Raipur today.” : Sarkaritel.com
” New Delhi : Gurugram, 11 July 2024 – In a significant step towards sustainable development in India, REC Limited, a leader in the Indian power sector, has successfully availed a green loan of JPY 31.96 Billion (equivalent to USD 200 million) to finance eligible green projects in India.” : Sarkaritel.com
” New Delhi : In a step towards sustainability in thermal power generation and in line with the Ministry of Power (MoP) guidelines, NLC India Limited (NLCIL) has started bio-mass co-firing on trial basis at its Lignite based thermal power station, Barsingsar Thermal Power Station (BTPS- 2 X125 MW), in Rajasthan on 10th July 2024.” : Sarkaritel.com
” New Delhi : The 6th day of the Neyveli Book Fair 2024 (10.07.24) continues to enthrall visitors and draw book enthusiasts in large numbers. School and college students from in and around Cuddalore District continued to visit the Book Fair.” : Sarkaritel.com
Indian companies participating in construction of nuclear power plant in Bangladesh: Russia
New Delhi : Indian companies participating in construction of nuclear power plant in Bangladesh: Russia. : Economic Times
Juniper Green Energy secures 480 MW in hybrid PPAs with GUVNL, NTPC
New Delhi : Juniper Green Energy secures 480 MW in hybrid PPAs with GUVNL, NTPC. : Economic Times
Bangladesh likely to purchase 40 MW electricity from Nepal within a month to be transmitted via India, tripartite agreement soon
New Delhi : Bangladesh likely to purchase 40 MW electricity from Nepal within a month to be transmitted via India, tripartite agreement soon. : Economic Times
Budget 2024-25 eyes GST reforms, boost for renewable energy
New Delhi : Budget 2024-25 eyes GST reforms, boost for renewable energy. : Economic Times
India races to build power plants in region claimed by China, sources say
New Delhi : India plans to spend $1 billion to expedite the construction of 12 hydropower stations in the northeastern Himalayan state of Arunachal Pradesh, two government sources said, a move that could raise tensions with China that lays claims to the region. : Economic Times
REC Secures $ 200 Mn Green Loan From Deutsche Bank AG
New Delhi : In a significant step towards sustainable development in India, REC, a leader in the Indian power sector, has availed a green loan of JPY 31.96 Billion (equivalent to USD 200 million) to finance eligible green projects in India. : Business World
REC raises 31.96 billion Japanese yen through 5-year green loan
Mumbai : Power sector financier REC Limited has raised 31.96 billion Japanese yen through a 5-year green loan, with the transaction being conducted from Deutsche Bank’s Gift City branch. : Economic Times
REC Ltd avails green loan worth $200 mn from Deutsche Bank AG
New Delhi : State-run REC Ltd has availed a $200-million loan from Deutsche Bank AG to finance green projects in India. : Mint
Adani Green Energy raises $400 mn for its solar power projects in Raj, Guj
New Delhi : Adani Green Energy (AGEL), India’s largest renewable energy firm, has raised $400 million in financing from a consortium of international lenders for its under-construction 750 megawatt (Mw) solar power projects in Rajasthan and Gujarat, the company said in a statement on Wednesday. : Business Standard
Amazon meets 100% renewable energy goal seven years early
New Delhi : Amazon announced this week that it has met the goal of meeting all of its electricity consumption with 100% renewable energy seven years ahead of schedule. : pv-magazine.com
REC AVAILS GREEN LOAN FACILITY OF JPY 31.96 BILLION (USD 200 MILLION) FROM DEUTSCHE BANK AG, GIFT CITY BRANCH
New Delhi : In a significant step towards sustainable development in India, REC Limited, a leader in the Indian power sector, has successfully availed a green loan of JPY 31.96 Billion (equivalent to USD 200 million) to finance eligible green projects in India. : globalgreenews.com
Chhattisgarh will develop faster with better coordination between the state and central government: Manohar Lal
New Delhi : The Union Minister for Power and Housing & Urban Affairs, Manohar Lal reviewed ongoing schemes and proposals in the power and urban development sector for Chhattisgarh in Raipur today. : Sarkaritel.com
Hydropower surge: India to add nearly 12 GW in push for renewable targets
New Delhi : Hydropower surge: India to add nearly 12 GW in push for renewable targets. : Economic Times
19 coal mines allocated to thermal power plants for sustainable fly ash disposal
New Delhi : 19 coal mines allocated to thermal power plants for sustainable fly ash disposal. : Economic Times
India, Russia eye USD 100 bn trade by 2030, cooperation in energy, agriculture
New Delhi : India, Russia eye USD 100 bn trade by 2030, cooperation in energy, agriculture. : Economic Times
GMDC inks power purchase pact with GUVNL
New Delhi : GMDC inks power purchase pact with GUVNL. : Economic Times
GE Power India gets order to supply main turbine spares
New Delhi : GE Power India gets order to supply main turbine spares. : Economic Times
India’s battery energy storage capacity grows over 4-fold to 219 MW in Q1
New Delhi : India’s battery energy storage capacity grows over 4-fold to 219 MW in Q1. : Economic Times
Panchayati Raj ministry urges states to push implementation of rooftop solar scheme
New Delhi : Panchayati Raj ministry urges states to push implementation of rooftop solar scheme. : Economic Times
Khattar for collective efforts for growth of power sector in NE
New Delhi : Khattar for collective efforts for growth of power sector in NE. : Economic Times
Power Minister Manohar Lal urges Chhattisgarh not to levy cess on hydro, pump storage projects
New Delhi : Power minister Manohar Lal urged the Chhattisgarh government to not to levy any cess on hydro power projects and pump storage projects as such form of levies adds on to the tariff for the consumers. : Economic Times
REC secures JPY 31.96 billion green loan from Deutsche Bank AG
New Delhi : REC Ltd, a non-banking finance company under India’s Ministry of Power, has secured a green loan of JPY 31.96 billion (equivalent to $200 million) to finance eligible green projects in India. : pv-magazine.com
Oil surges after OPEC maintains demand forecast; brent crude at $84.67/bbl
New Delhi : Oil prices stabilized on Wednesday as the Organization of the Petroleum Exporting Countries (OPEC) maintained its growth forecast for oil demand for this year and next, while U.S. crude and gasoline inventories likely decreased last week. : Mint
State-owned Coal India firms up gasification plans in tie-up with BHEL
New Delhi : Coal India has formalised its coal gasification/coal-to-chemical plans, marking its foray in a segment, which has been the topic of inter-ministerial tussle for decades. : Business Standard
Solar module capacity on ALMM list exceeds 50 GW
New Delhi : India’s Ministry of New and Renewable Energy (MNRE) has published an updated list of approved manufacturers and models of solar PV modules (ALMM). The modules on the list comply with the BIS standards and meet the module efficiency criteria as set by the ministry. : pv-magazine.com
Power Grid board approves plan to raise borrowing limit to Rs 15000 crore for FY’25
New Delhi : State-owned Power Grid Corporation of India (PGCIL) board on Wednesday approved a proposal to increase the borrowing limit to Rs 15,000 crore from Rs 12,000 crore for 2024-25 through various instruments. : psuwatch.com
NLCIL Commences bio mass co-firing operation in Barsingsar Thermal Power Station
New Delhi : In a step towards sustainability in thermal power generation and in line with the Ministry of Power (MoP) guidelines, NLC India Limited (NLCIL) has started bio-mass co-firing on a trial basis at its Lignite-based thermal power station, Barsingsar Thermal Power Station (BTPS- 2 X125 MW), in Rajasthan on 10th July 2024. : psuconnect.in
REC secures $200 million green loan from Deutsche Bank AG
New Delhi : In a significant step towards sustainable development in India, REC Limited, a leader in the Indian power sector, has successfully availed a green loan of JPY 31.96 Billion (equivalent to USD 200 million) to finance eligible green projects in India. : psuwatch.com
REC Limited avails green loan facility of USD 200 Million from Deutsche Bank AG, Gift City Branch
New Delhi : In a significant step towards sustainable development in India, REC Limited, a leader in the Indian power sector, has successfully availed a green loan of JPY 31.96 Billion (equivalent to USD 200 million) to finance eligible green projects in India. : psuconnect.in
Oil and Gas
” New Delhi : Andhra Pradesh Chief Minister N. Chandrababu Naidu and Bharat Petroleum Corporation Ltd (BPCL) officials on Wednesday discussed the proposed establishment of an oil refinery and petrochemical complex with an investment of Rs 60,000 to Rs 70,000 crore. BPCL officials, led by Chairman and Managing Director Krishna Kumar, called on the Chief Minister.” : Sarkaritel.com
BPCL ready to invest Rs 1 trn in Andhra Pradesh: Industries minister Bharat
New Delhi : Andhra Pradesh Industries Minister TG Bharat on Wednesday said Bharat Petroleum Corporation Ltd (BPCL) is ready to invest Rs 1 lakh crore in the state, which could include the setting up of an oil refinery. : Business Standard
MOPNG ISSUES CLARIFICATION ON BIOMETRIC AADHAAR AUTHENTICATION OF LPG CONSUMERS
New Delhi : Aadhaar based authentication for Direct Benefit Transfer (DBT) schemes enables accurate, real-time and cost-effective identification, authentication and de-duplication of beneficiaries for targeted delivery of benefits. : globalgreenews.com
GE Power India Ltd bags order from MRPL
New Delhi : GE Power India Limited has received a purchase order from Mangalore Refinery and Petrochemicals Limited. : psuconnect.in
India, Russia eye USD 100 bn trade by 2030, cooperation in energy, agriculture
New Delhi : India, Russia eye USD 100 bn trade by 2030, cooperation in energy, agriculture. : Economic Times
ONGC to invest Rs 2 lakh cr to meet net zero emission target
New Delhi : ONGC to invest Rs 2 lakh cr to meet net zero emission target. : Economic Times
Methanol-powered ship to set sail for Europe’s first ‘green’ route
New Delhi : Methanol-powered ship to set sail for Europe’s first ‘green’ route. : Economic Times
Tripura power minister voices concern over surge in gas prices
Agartala : Tripura power minister voices concern over surge in gas prices. : Economic Times
India eyes energy deals with Rosneft and other Russian companies
New Delhi : India eyes energy deals with Rosneft and other Russian companies. : Economic Times
Biometric Aadhaar authentication of LPG consumers necessary for DBT: Centre
New Delhi : Biometric Aadhaar authentication of LPG consumers necessary for DBT: Centre. : Economic Times
Oil Rises After US Holiday Boosts Demand for Gasoline, Jet Fuel
New Delhi : Oil rallied to settle above $82 a barrel as a government report showed signs of strengthening demand for refined products after the Fourth of July holiday, outweighing uncertainty over the timing of Federal Reserve rate cuts. : Mint
India-Austria to partner on sustainability, focus on green hydrogen
New Delhi : India and Austria on Wednesday underscored the importance of sustainable economic partnership and supported the cooperation between institutions in renewable/green hydrogen. : Business Standard
Optimism in natural gas distribution co MGL’s stock appears fully priced in
New Delhi : Mahanagar Gas (MGL) has just hiked prices for compressed natural gas (CNG) and domestic piped natural gas (PNG) in the Mumbai Metro Area. : Business Standard
Tecnimont and NEXTCHEM launch GAIL’s first green hydrogen plant in India
New Delhi : Tecnimont and NEXTCHEM launch GAIL’s first green hydrogen plant in India. : Economic Times
Opinion: Oil investors regain poise after post-OPEC swoon
New Delhi : Opinion: Oil investors regain poise after post-OPEC swoon. : Economic Times
Saudi Aramco set to raise $6 billion from three-part bonds
New Delhi : Saudi Aramco expects to raise $6 billion from its three-part bond sale on Wednesday, the oil giant’s first foray into the debt markets in three years, a document showed. : Mint
India plans ship building JV between state-run refiners and Shipping Corporation of India
New Delhi : The Union ministry of shipping has proposed a joint venture between state-run Shipping Corporation of India (SCI) and a public sector oil marketing company for manufacturing very large oil tankers, said three people aware of the development. : Mint
Petrol and diesel prices remain stable for 116 days in Chennai
Chennai : In Chennai, the price of petrol and diesel has remained unchanged for the past 115 days. : dtnext.in
