17-July-2024
Power
” New Delhi : The United States’ Ambassador to India, Eric Garcetti, on Tuesday, said the visit to Adani Group’s Khavda Renewal Energy Facility in Gujarat was a learning experience on how the company is helping India advance towards its zero-emissions goals.” : Sarkaritel.com
NLC India expands coal portfolio with new 1.38 billion tonne reserve in Odisha
New Delhi : NLC India expands coal portfolio with new 1.38 billion tonne reserve in Odisha. : Economic Times
Hartek Group wins multiple 765kV transmission projects from PGCIL to boost national grid
New Delhi : Hartek Group wins multiple 765kV transmission projects from PGCIL to boost national grid. : Economic Times
NLCIL Host valedictory function for Neyveli book fair
New Delhi : Shri Prasanna Kumar Motupalli, Chairman and Managing Director of NLC India presided over the valedictory function. Honorable Shri. L. S. Sathyamurthy, Law Secretary, Government of Puducherry attended the event as the special guest. : psuconnect.in
Vamsi Ramamohan Burra set to be next Director (Projects) of Power Grid
New Delhi : Vamsi Ramamohan Burra is set to be the next Director (Projects) of Power Grid Corporation of India Limited (PGCIL), a Maharatna PSU under the Ministry of Power. : psuwatch.com
Environmental approval granted for Australian plan to export solar electricity to Singapore
New Delhi : Authorities in Australia’s Northern Territory (NT) on Tuesday granted environmental approval for the world’s largest renewable energy and transmission project. : Sarkaritel.com
Necessary steps needed to develop Ayodhya, other municipal bodies as solar cities: UP CM
Lucknow : Necessary steps needed to develop Ayodhya, other municipal bodies as solar cities: UP CM. : Economic Times
Power tariff revised in Tamil Nadu
Chennai : Power tariff revised in Tamil Nadu. : Economic Times
India’s data center capacity to surge to 17 GW by 2030; $27 billion invested in last three years
New Delhi : India’s data center capacity to surge to 17 GW by 2030; $27 billion invested in last three years. : Economic Times
RAYS Power Infra adds 680 MW to portfolio in Q1, targets ?1000 crore quarterly orders
New Delhi : RAYS Power Infra adds 680 MW to portfolio in Q1, targets ?1000 crore quarterly orders. : Economic Times
NCLT admits GVK Power & Infra with dues of Rs 18k cr to insolvency
Mumbai : The Hyderabad bench of the National Company Law Tribunal (NCLT) has initiated corporate insolvency proceedings against GVK Power & Infrastructure (GPIL) in response to a petition by ICICI Bank and joined by five other banks seeking recovery of about Rs 18,000 crore of dues from the company. : Economic Times
Tata Power sets ?20,000 crore investment target for FY25, to drive renewable energy expansion
New Delhi : Tata Power Co. Ltd plans to invest around ?20,000 crore in the current fiscal year, chairman N. Chandrasekaran said at the company’s 105th annual general meeting (AGM) on Friday. : Mint
Uttarakhand CM seeks Centre’s clearance for 21 new hydel power projects
New Delhi : Stating that only 40 per cent of Uttarakhand’s total capacity for hydro electricity generation is being utilised at present, Chief Minister Pushkar Singh Dhami on Monday sought the clearance of 21 new hydel power projects with a capacity of 2123 MW for the state from the Centre. : Business Standard
Tata Power lines up Rs 20,000 crore war chest for new projects in 2024-25
New Delhi : Tata Power on Tuesday announced plans to invest Rs 20,000 crore during 2024-25, a large part of which would go to projects in the renewable energy segment of the company. Addressing the company’s 105th Annual General Meeting (AGM), Tata Power Chairman Natarajan Chandrasekaran said. : Sarkaritel.com
SECI launches 400 MW wind-solar hybrid tender
New Delhi : Solar Energy Corp. of India (SECI) has invited bids for setting up 400 MW of wind-solar hybrid power projects on a build-own-operate basis in India. The projects can be located anywhere in India and must connect to the inter-state transmission system. : pv-magazine.com
‘Grid collapse’ causes power outage in upper Assam
Guwahati : ‘Grid collapse’ causes power outage in upper Assam. : Economic Times
Uttarakhand CM seeks Centre’s nod for 21 new hydro electricity power projects of 2123 MW
New Delhi : Uttarakhand CM seeks Centre’s nod for 21 new hydro electricity power projects of 2123 MW. : Economic Times
Jupiter International secures Rs 300 cr investment from ValueQuest to expand solar cell manufacturing
New Delhi : Jupiter International secures Rs 300 cr investment from ValueQuest to expand solar cell manufacturing. : Economic Times
Uttarakhand power sector gets boost with central support, RDSS progress reviewed
New Delhi : Uttarakhand power sector gets boost with central support, RDSS progress reviewed. : Economic Times
Tata Power plans ?20k cr capex in FY25: Natarajan Chandrasekaran
New Delhi : Tata Power plans to invest ?20,000 crore this financial year to further the company’s renewable energy portfolio, and transmission and distribution businesses, said Natarajan Chandrasekaran, chairman. : Economic Times
Waaree renewable bags order for 30 MWp solar project in Maharashtra
Mumbai : Waaree Renewable Technologies Limited (WRTL), a subsidiary of Waaree Energies Limited on Tuesday announced its selection by ISMT Limited, a Kirloskar group company, for the turnkey Engineering, Procurement, and Construction (EPC) works for a 22 MW AC / 30 MWp DC ground-mounted solar project. : Sarkaritel.com
Karnataka launches 100 MW/130 MWh solar-plus-storage tender
New Delhi : Karnataka Renewable Energy Development Ltd (KREDL) has invited bids from developers to establish a ground-mounted grid-connected 100 MW AC solar PV plant along with 130 MWh battery energy storage system in the Kalaburgi district of Karnataka. : pv-magazine.com
Waaree Renewable secures EPC contract for ISMT’s 30 MWp solar project in Maharashtra
New Delhi : Waaree Renewable Technologies Ltd (WRTL), an arm of Waaree Energies, announced this week that it has secured a repeat solar EPC order from ISMT Ltd, a Kirloskar group company. : pv-magazine.com
IREDA approves equity investment to set up 900MW Power Project in Nepal
New Delhi : Renewable energy PSU IREDA has confirmed that it has approved the equity investment of up to 10% shareholding in GMR Upper Karnali Hydro Power Ltd and Karnali Transmission Company Pvt Ltd to set up a 900 MW Hydroelectric Power Project in Nepal. : psuconnect.in
Rays Power Secures Two Projects Worth Rs. 833 Cr Totaling 680 MW
New Delhi : Rays Power Secures Two Projects Worth Rs. 833 Cr Totaling 680 MW. : saurenergy.com
Tamil Nadu increases power tariff by 4.83% from July 1
Chennai : In a move that will impact consumers, the power tariff has been increased by 4.83%, effective from July 1. This applies to both usage and fixed charges. : New Indian Express
Tata Power to invest INR 20,000 crore capex in FY 2025
New Delhi : Tata Power plans to invest INR 20,000 crore (over $2.39 billion) capex in FY 2024-25, over and above INR 12,000 crore invested in FY 2023-24, said N Chandrasekaran, chairman, Tata Power, at the company’s 105th Annual General Meeting (AGM) of shareholders for the Financial Year 2023-24. : pv-magazine.com
Oil and Gas
” New Delhi : MRPL organized a special event at the MRPL Employees Recreation Club (MERC) to honor the cleanliness workers (Swachhata Karmacharis) of the region on 15.07.2024 as part of Swachhata Pakhwada 2024.” : Sarkaritel.com
CSR Watch: Oil India installs new EV charging station in Noida
New Delhi : Oil India Limited (OIL) has installed a new EV charging station at Sector-15A, Club House, Noida, featuring two chargers of 30 kW and 9.9 kW, respectively. : psuwatch.com
Hardeep Puri hails ONGC’s highest-ever share surge
New Delhi : Union Minister for Petroleum and Gas, Hardeep Singh Puri, on Tuesday hailed the new achievement by the public sector upstream giant Oil and Natural Gas Corporation (ONGC) as its shares touched a record new high. ONGC’s share price surged past Rs 323 apiece with a 5.18 per cent intraday gain on Monday, propelling its market capitalisation to Rs 4.06 lakh crore. “Congratulations to ONGC for this milestone achievement. : Sarkaritel.com
IOCL Issues Unsecured Debentures on Private Placement basis
New Delhi : Indian Oil has informed that it has issued Unsecured Non-convertible Debentures of Rs 1,00,000 each which amounted to Rs 2500 crore on a Private Placement basis. : psuconnect.in
Petroleum Minister Hardeep Puri hails ONGC after share price skyrockets to all-time high
New Delhi : Oil and Natural Gas Corporation (ONGC) achieved a milestone as its share price surged past Rs 323 with a 5.18 per cent intraday gain on Tuesday. : Economic Times
Hindustan Petroleum celebrates its Golden Jubilee by planting around 5.5 lakh trees
Mumbai : Hindustan Petroleum Corporation Ltd (HPCL) celebrated its Golden Jubilee on Monday with a grand event that highlighted its commitment to environmental sustainability through the plantation of around 5.5 lakh trees. : millenniumpost.in
IOC’s green hydrogen tender: Only two bids after first cancellation
New Delhi : Indian Oil Corporation (IOC) has got only two bids to construct the country’s first green hydrogen plant at the company’s refinery in Panipat, Haryana, the Economic Times reported citing industry sources. : Business Standard
Bolivia announces discovery of natural gas ‘mega-field’
New Delhi : Bolivia announces discovery of natural gas ‘mega-field’. : Economic Times
Supreme Court dismisses ministry’s appeal in Ravva oil field case
New Delhi : Decks have been cleared for the foreign arbitral tribunal to award costs to Vedanta Ltd’s predecessor Cairn India. This follows the Supreme Court on Tuesday dismissing the Ministry of Petroleum and Natural Gas’ appeal in a case related to development of Ravva oil and gas fields in Rajasthan between 2000 and 2007. : Economic Times
Saudi Aramco signs pact to buy 50% of APQ’s blue hydrogen business
New Delhi : Saudi oil giant Aramco has signed final agreements to buy 50% of the blue hydrogen industrial gases business of Air Products Qudra (APQ), it said on Tuesday, continuing the kingdom’s drive to become a major hydrogen producer. : Business Standard
PUC centres in Delhi remain shut amid strike by petrol dealers over fee hike
New Delhi : PUC centres at petrol pumps in Delhi remained shut for the second consecutive day on Tuesday as part of a strike by petrol dealers to express dissatisfaction over the proposed hike in the pollution certificate charges. : cnbc.com
Exxon plans to drill up to 30 wells for its seventh oil project in Guyana
New Delhi : Exxon plans to drill up to 30 wells for its seventh oil project in Guyana. : Economic Times
Windfall tax on crude petroleum hiked to Rs 7,000/tonne
New Delhi : Windfall tax on crude petroleum hiked to Rs 7,000/tonne. : Economic Times
Oil prices decline over 1% on Chinese demand jitters
Houston : Oil prices settled more than 1% lower on Tuesday, the third straight day of losses, on worries of a slowing Chinese economy crimping demand, though declines were stemmed by a growing consensus the U.S. Federal Reserve could begin cutting its key interest rate as soon as September. : Mint
Bolivia prez announces natural gas discovery, promising boon for country
New Delhi : Bolivia’s embattled president on Monday announced the discovery of vast natural gas reserves, describing it as the biggest find in nearly two decades that could help the cash-strapped country reverse its falling production. : Business Standard
India’s crude oil import rises 3.1% in Q1 of FY2024-25; import bill swells by 19%
New Delhi : India’s crude oil imports increased by 3.1 percent during Q1 of FY2024-25 compared to the previous year’s corresponding period, government data shows. : psuwatch.com
