14-Jun-2024
Power
NLC India awarded Rs. 939 cr work order to Bondada Engineering
New Delhi : NLC India Limited a Navratna company under the Ministry of Coal has granted the Letter of Award for the work order to Bondada Engineering Limited for Balance of System (BOS) work for setting up 600MW Grid Connected Solar Power Project including the O&M for three years after SCOD at Khavda, Gujrat amounting to Rs. 9,39,39,76,731/-(Including GST). : psuconnect.in
NTPC Issues Standalone BESS Tender For 250MW/500MWH Capacity
New Delhi : NTPC Issues Standalone BESS Tender For 250MW/500MWH Capacity. : saurenergy.com
Bondada Engineering locks in 5% upper circuit after LoA from NLC India
New Delhi : Bondada Engineering stock price surged up to 5 per cent, locking at its upper circuit at Rs 2320.80 per share on the BSE in Thursday’s early deals. : Business Standard
Google partners with Nevada utility for geothermal to power data centers
New Delhi : Google partners with Nevada utility for geothermal to power data centers. : Economic Times
Gensol Engineering bags 250 MW BESS project from GUVNL, eyes expansion to 500 MW
New Delhi : Gensol Engineering bags 250 MW BESS project from GUVNL, eyes expansion to 500 MW. : Economic Times
Power demand in UP reaches record high
New Delhi : Power demand in UP reaches record high. : Economic Times
India targets higher domestic coal production, reduced imports: Govt
New Delhi : India wants to reduce coal imports and increase domestic production, federal coal minister G. Kishan Reddy said on Thursday. : Business Standard
Solarpack secures 25-year PPA for 482 MW wind-solar hybrid project in Gujarat
New Delhi : Spanish developer Solarpack has secured a 25-year power purchase agreement (PPA) with SJVN for its Ganeko hybrid wind-solar project located in the Indian state of Gujarat. : pv-magazine.com
MNRE AND IREDA HOST CONFERENCE IN BHUBANESWAR HIGHLIGHTING ODISHA’S GREEN ENERGY POTENTIAL
New Delhi : Ministry of New & Renewable Energy (MNRE), in collaboration with the Indian Renewable Energy Development Agency Ltd. (IREDA), organized a pre-event conference for Global Wind Day at the Welcome Hotel in Bhubaneswar today. : globalgreenews.com
Access To Public Finance Key To Clean Energy Adoption In India: IEA
New Delhi : Access To Public Finance Key To Clean Energy Adoption In India: IEA. : saurenergy.com
Solarpack, SJVNL Sign PPA For 482 MW Ganeko Hybrid Project
New Delhi : Solarpack, SJVNL Sign PPA For 482 MW Ganeko Hybrid Project. : saurenergy.com
India Energy Storage Alliance to bring ‘white paper’ on sustainable future including renewables
New Delhi : India Energy Storage Alliance to bring ‘white paper’ on sustainable future including renewables. : Economic Times
Tata Power deploys over 850 EV charging points, powers 2300+ e-buses across India
New Delhi : Tata Power deploys over 850 EV charging points, powers 2300+ e-buses across India. : Economic Times
ETEnergyworld India Net Zero Forum: Energy sector leaders to chart the course for a sustainable future
New Delhi : ETEnergyworld India Net Zero Forum: Energy sector leaders to chart the course for a sustainable future. : Economic Times
India wants to increase domestic coal production, reduce imports, coal minister says
New Delhi : India wants to reduce coal imports and increase domestic production, federal coal minister G. Kishan Reddy said on Thursday. : Economic Times
Manoj Kumar Jhawar takes additional charge as Mishra ceases to be PTC CMD
New Delhi : The board of PTC India Ltd approved the appointment of whole-time director Manoj Kumar Jhawar as the chairman and managing director of the company till the appointment of a regular CMD. : Mint
Kotak Institutional warns NTPC and Power Grid valuations appear super expensive
New Delhi : Power-related stocks have gained favor on Dalal Street in recent years due to several positive triggers, including capacity expansions, rising power demand, increased order inflows, and government emphasis on the sector. : Mint
India should reduce coal imports, says G Kishan Reddy after taking charge
New Delhi : G Kishan Reddy on Thursday took charge as coal and mines minister and said that India should increase domestic production of the fossil-fuel and reduce coal imports. : Business Standard
Adani Group’s Australian coal port gets $333 million private credit loan
New Delhi : The Adani Group unit that controls a major Australian coal port has obtained a private credit loan of about A$500 million ($333 million), according to people familiar with the matter. : Business Standard
JinkoSolar hits highest conversion efficiency with 182 mm TOPCon module
New Delhi : JinkoSolar has announced a new conversion efficiency record for its 182 mm N-type TOPCon solar module. TÜV SÜD said that it achieved a conversion efficiency of 25.42%. : pv-magazine.com
India to award 19.56 GW thermal power projects in FY 2024-25: Khattar
New Delhi : India is planning to award thermal power projects of 19.56 GW in FY 2024-25, newly-appointed Power Minister Manohar Lal Khattar said after a review meeting on Thursday. : psuwatch.com
Karnataka Proposes New Tariffs For Rooftop Solar Projects
New Delhi : Karnataka Proposes New Tariffs For Rooftop Solar Projects. : saurenergy.com
India to invest over $360 billion in renewable energy and infrastructure by 2030: Moody’s
New Delhi : India to invest over $360 billion in renewable energy and infrastructure by 2030: Moody’s. : Economic Times
Oil and Gas
BPCL adds fuel to capex fire, hires I-bank for Rs 31,000 crore loan
New Delhi : Bharat Petroleum Corp Ltd has mandated SBI Capital Markets to arrange a Rs 31,000 crore loan for the planned capital expenditure at its Bina refinery complex located in Madhya Pradesh, according to people familiar with the matter. : Economic Times
L&T Wins Offshore Order from ONGC
New Delhi : The Hydrocarbon vertical (L&T Energy) of Larsen & Toubro (L&T) has secured an order from the Oil & Natural Gas Corporation (ONGC) for Daman Upside Development Project-Wellhead Platforms and Pipelines (DUDP-WP), off India’s west coast. : psuconnect.in
Bharat Petroleum seeks Rs 31,000 crore loan for Bina refinery expansion
New Delhi : Bharat Petroleum Corporation Limited (BPCL) has appointed SBI Capital Markets to secure Rs 31,000 crore loan for its ambitious expansion project at the Bina refinery complex in Madhya Pradesh, according to a report by The Economic Times. : Business Standard
CIPL secures Rs 114 crore IT infra maintenance project from Indian Oil
New Delhi : IT Technology solutions server CIPL has secured a Rs 114-crore project from Indian Oil Corporation Limited (IOCL) for the comprehensive maintenance of IT infrastructure of the public sector petroleum major. : psuconnect.in
Reliance Industries wants petroleum product pipeline tariff linked to rail freight
New Delhi : Reliance Industries has told the downstream regulator that it didn’t favour an annual escalation in petroleum products pipeline tariff and would like it to be linked to railway freight rates instead. : Economic Times
Brunei LNG delivers first cargo since plant outage
New Delhi : Brunei LNG delivers first cargo since plant outage. : Economic Times
Haldia Petrochemicals Limited announces 10-year naphtha supply agreement with QatarEnergy
New Delhi : Haldia Petrochemicals Limited (HPL) on Thursday announced an agreement with QatarEnergy to secure long-term naphtha supply. : Economic Times
Oil up as Mideast tensions boost risk factor
Houston : Oil prices rose on Wednesday as a Gaza ceasefire hung in the balance and investors eyed steady interest rates in advance of the Federal Reserve’s policy statement at the close of its two-day meeting. : Mint
ONGC shines among upstream PSUs; ?35,000 crore-capex plan triggers upgrade
New Delhi : Shares of Oil and Natural Gas Corp (ONGC) have picked up a bullish momentum ever since the state-owned upstream oil explorer registered a surge of 78 per cent in net profit during the January-March quarter of fiscal 2023-24 (FY24). : Mint
Oil edges higher as US data offsets impact of Fed rate-cut outlook
New York : Oil prices rose slightly on Thursday in up-and-down trade, pressured by rising U.S. crude and fuel supplies and expectations of a delayed start to Federal Reserve interest rate cuts but supported by U.S. economic data showing an easing labor market and slowing inflation. : Mint
Bring petroleum products, realty, and electricity under GST: CII President
New Delhi : The Confederation of Indian Industry (CII) president Sanjiv Puri on Thursday said petroleum products, electricity, and real estate must be brought under the ambit of the goods and services tax (GST), and asserted that capital gains tax must also be rationalised, as part of the industry body’s 14-point agenda for the new government. : Business Standard
Crude Oil: Check key trading strategy on June 13, target price and more
New Delhi : Crude oil prices are showing some sign of weakness on Thursday’s trade owing to unexpected buildup in weekly crude oil inventories, although prices are up 3 per cent for the week so far following three consecutive weekly declines. : Business Standard
Red Sea ships attacks push 47% more crude oil, fuels around Africa
New Delhi : Red Sea ships attacks push 47% more crude oil, fuels around Africa. : Economic Times
OMC stocks under pressure over demand outlook, price risks; HPCL emerges Motilal’s preferred pick
New Delhi : Oil marketing companies (OMCs) will likely remain under pressure due to the slim global demand outlook of 2025 and elevated price risks, resulting in weak fundamentals in the near-term. : Mint
Haldia Petrochemicals signs 10-yr pact with QatarEnergy for naphtha supply
New Delhi : Haldia Petrochemicals Limited (HPL) on Thursday announced an agreement with QatarEnergy to secure long-term naphtha supply. : Business Standard
Loss-making ONGC JV may get package to turn profitable in 2 years
New Delhi : The Centre is working on a dedicated financial package to turn the financially beleaguered ONGC Petro Additions Ltd (OPaL) profitable in the next two years, officials said. : Business Standard
