26-June-2024
Power
NTPC board to consider raising up to Rs 12,000 crore via bonds on Saturday
New Delhi : State-owned power giant NTPC Limited on Tuesday said its board on June 29 will consider a proposal to raise up to Rs 12,000 crore through the issuance of bonds. : psuwatch.com
Welspun Specialty Solutions Bags 117 Cr Order from BHEL, Shares Gain 11.60%
New Delhi : Multibagger Metal Stocks Welspun Specialty Solutions Receives Order From BHEL. Welspun Specialty Solutions Ltd shares gained 11.60% in trade as it has bagged a Rs 117 crore order from Bharat Heavy Electricals Limited (BHEL). : psuconnect.in
The hydrogen stream: NTPC tenders for green hydrogen fuel cell locomotives
New Delhi : NTPC has invited bids for green hydrogen fuel cell locomotives for operation at the merry-go-round rail system of NTPC Sipat. : pv-magazine.com
NTPC Ltd conferred with ET PSU Award ‘2024
New Delhi : NTPC Ltd has been conferred with the ET PSU Leadership & Excellence Awards’24 under the category “Environmental Sustainability Through Technology” by The Economics Times on 21st June’2024 at New Delhi. : psuconnect.in
SunSource Energy commissions 3 open access solar plants in Uttar Pradesh
New Delhi : SunSource Energy commissions 3 open access solar plants in Uttar Pradesh. : Economic Times
A big boost for a climate solution: electricity made from the heat of the Earth
New Delhi : A big boost for a climate solution: electricity made from the heat of the Earth. : Economic Times
KPIL bags ?2,333 crore in new orders across energy and construction sectors
New Delhi : KPIL bags ?2,333 crore in new orders across energy and construction sectors. : Economic Times
AMPIN Energy Transition to set up 246 MW wind-solar hybrid project with Rs 1,300 cr investment, says CEO and MD
New Delhi : AMPIN Energy Transition to set up 246 MW wind-solar hybrid project with Rs 1,300 cr investment, says CEO and MD. : Economic Times
Japan urged to triple renewables capacity by 2035
Tokyo, Japan : Japan urged to triple ren.ewables capacity by 2035 : Economic Times
Adani to invest Rs 1.3 lakh cr in FY25 across portfolio companies
New Delhi : Adani to invest Rs 1.3 lakh cr in FY25 across portfolio companies. : Economic Times
New Delhi to host inaugural International Solar Festival, focus on equitable clean energy
New Delhi : New Delhi to host inaugural International Solar Festival, focus on equitable clean energy. : Economic Times
L&T bags order to construct 185MW Solar PV Plant with 254MWh storage in Bihar
New Delhi : L&T bags order to construct 185MW Solar PV Plant with 254MWh storage in Bihar. : Economic Times
Hitachi Energy bags order worth Rs 790 cr
New Delhi : Hitachi Energy on Tuesday said it has bagged an order worth Rs 790 crore from a fellow subsidiary Hitachi Energy Australia Pty Ltd. The order is scheduled to be executed over a period of four years, a BSE filing said. : Economic Times
India to add 7 new nuclear reactors, increase power generation capacity by 70% in 5 years: Minister
New Delhi : India’s nuclear power generation capacity is likely to rise by around 70% over the next five years, reaching 13.08 GW, with the installation of seven new nuclear reactors, said union minister Jitendra Singh. : Mint
Rs 2 trillion funds tied up for expansion, says Adani Green Energy
New Delhi : Adani Green Energy, the renewable power arm of the conglomerate, would be investing Rs 2 trillion by 2030 and has already tied up funds for the entire project, Sagar Adani, executive director of the firm, said on Tuesday. : Business Standard
Tata Power Renewable Energy accepts bids for multiple-tenor bonds
New Delhi : India’s Tata Power Renewable Energy, a subsidiary of Tata Power Co, has accepted bids aggregating to 7 billion rupees ($83.92 million) for bonds maturing in five years and 10 years, respectively, three bankers said on Tuesday. : Business Standard
Power stations stocked with bumper coal supply as transport woes ease
New Delhi : Even as power demand has touched a historic high of 250 gigawatts (Gw) amid sweltering heat this June, India’s power stations are stocked with bumper supply of coal — 25 per cent higher than last year and a massive 71 per cent more than in 2022. : Business Standard
JSW Energy secures Letter of Award for 300 MW wind-solar hybrid power project
New Delhi : JSW Energy announced that its arm JSW Neo Energy has received a letter of award for a 300 MW interstate transmission system (ISTS) connected wind-solar hybrid power project from Solar Energy Corp. of India Ltd (SECI). : pv-magazine.com
India’s nuclear power generation capacity will grow by 70% in 5 yrs: Dr Jitendra Singh
New Delhi : India’s nuclear power generation capacity is to increase by around 70 percent in the next five years, said Union Minister for the Department of Atomic Energy Dr Jitendra Singh while convening a high-level meeting to review the 100-day Action Plan of the Department of Atomic Energy in New Delhi on Tuesday. : psuwatch.com
Despite green push, coal to drive India’s power for a decade with imports stable at 150 million mt
New Delhi : Despite green push, coal to drive India’s power for a decade with imports stable at 150 million mt. : Economic Times
Renewables can cut 17 per cent of India’s heavy industry emissions by 2030: Ember
New Delhi : Renewables can cut 17 per cent of India’s heavy industry emissions by 2030: Ember. : Economic Times
Shree Cement hits 1 GW in installed power capacity, sets sights on expanding green energy
New Delhi : Shree Cement hits 1 GW in installed power capacity, sets sights on expanding green energy. : Economic Times
Cleantech Solar secures Rs 855 crore long-term green finance to advance open access portfolio
New Delhi : Cleantech Solar secures Rs 855 crore long-term green finance to advance open access portfolio. : Economic Times
Opinion: Europe’s hydro dams lift clean electricity output to new highs
New Delhi : Opinion: Europe’s hydro dams lift clean electricity output to new highs. : Economic Times
India powers up energy network for its hotspots
New Delhi : The government has begun discussions on ways of ensuring that power projects, including those fuelled by renewable energy, can function during the kind of heatwaves that have swept India this summer, with temperatures nudging 50 degrees Celsius, said a top government official. : Economic Times
Swan Energy rises 3% after board okays 49% stake buy in TOPL for Rs 440 cr
New Delhi : Swan Energy shares rise: Shares of Swan Energy rose as much 2.80 per cent to hit an intraday high of Rs 642.10 per share. : Business Standard
Heatwave crisis in India: Govt reviews power projects for high temperatures
New Delhi : The government has initiated discussions on measures to ensure that power projects, including those powered by renewable energy, can operate effectively during extreme heatwaves like the ones India experienced this summer, where temperatures reached 50 degrees Celsius, according to a report by The Economic Times. : Business Standard
Power outages persist in North India amid rising demand and heatwaves
New Delhi : Since mid-May, the median power drawn from the grid has been 240 GW, at least 20 GW more than the same period last year. The national grid is holding up well, but regions like North India still experience daily power outages despite the overall positive outlook. : Business Standard
KPIL wins new projects worth INR 2,333 crore
New Delhi : Kalpataru Projects International Ltd (KPIL) has secured new orders for projects worth INR 2,333 crore ($279.54 million). : pv-magazine.com
Cleantech Solar secures INR 855 crore debt finance to advance C&I portfolio in India
New Delhi : Cleantech Solar, a pan-Asia supplier of renewable energy to corporates, has announced the financial close of a long-term senior secured loan amounting to INR 855 crore from Aseem Infrastructure Finance Ltd. : pv-magazine.com
Adani to invest Rs 2 lakh crore in renewable energy capacity addition by 2030
New Delhi : Adani group is looking to invest about Rs 2 lakh crore by 2030 to build 40 gigawatts of renewable energy generation capacity, as it targets net zero emissions across businesses by 2050, top officials said on Tuesday. : psuwatch.com
Oil and Gas
Petrol, Diesel Price Today: Check Latest Fuel Prices In Your City On June 25
New Delhi : Petrol, and Diesel Prices On June 25, 2024: Fresh prices for petrol and diesel were announced on Tuesday, June 25. The country’s Petrol and diesel prices depend on crude oil prices internationally. Fluctuations in crude oil prices lead to changes in fuel prices in India. : news18.com
May sees surge in natural gas production amid falling LNG imports
New Delhi : May sees surge in natural gas production amid falling LNG imports. : Economic Times
Russia’s crude oil exports drop most in three months on port maintenance: What does this mean for India?
New Delhi : Russia’s weekly crude exports fell by the most in more than three months in the seven days to June 23, with the maintenance at key ports also trimming the less volatile four-week average according to a report by Bloomberg. : Mint
Crude prices may remain higher at $85-100 in short term: S&P Global
New Delhi : Brent crude oil price is already up by about 10 per cent since the first week of June to around $85 per barrel now. : Business Standard
The hydrogen stream: NTPC tenders for green hydrogen fuel cell locomotives
New Delhi : NTPC has invited bids for green hydrogen fuel cell locomotives for operation at the merry-go-round rail system of NTPC Sipat. : pv-magazine.com
Adani to invest Rs 1.3 lakh cr in FY25 across portfolio companies
New Delhi : Adani to invest Rs 1.3 lakh cr in FY25 across portfolio companies. : Economic Times
EU slaps fresh curbs on Russia gas shipments
New Delhi : EU slaps fresh curbs on Russia gas shipments. : Economic Times
India and China top buyers of Russian fuel oil in May, LSEG data shows
New Delhi : India and China top buyers of Russian fuel oil in May, LSEG data shows. : Economic Times
Sugar summit: India to hosts Global ISO Council meet from June 25-27, showcases biofuel leadership
New Delhi : Sugar summit: India to hosts Global ISO Council meet from June 25-27, showcases biofuel leadership. : Economic Times
Oil prices ease as investors fret over demand outlook
Houston : Crude oil prices eased on Tuesday as weak U.S. consumer confidence data added to concern about the U.S. economic outlook and investors scrutinized summer driving demand. : Mint
WTI Oil strategy, June 25: Outlook bullish on tight supply; Support at $77
New Delhi : Crude oil has started on a strong note this week, rising 1.1 per cent on Monday, with WTI Crude Oil Futures settling above $81. : Business Standard
