02-Mar-2024
Power
” New Delhi : The Power Finance Corporation Ltd. (PFC) recently organised a Conference of ‘Eastern & North Eastern State Sector Utilities’ on “PFC’s Financing in Dynamic Regulatory Environment” at Kovalam, Kerala, wherein 17 State Sector Power and Infrastructure Utilities of Eastern and Northern Eastern Region participated.” : Sarkaritel.com
” New Delhi : In a momentous ceremony held today at Jawahar Navodaya Vidyalaya (JNV), Basugaon, Kokrajhar under Corporate Social Responsibility (CSR) of NTPC Bongaigaon, the foundation stone laying ceremony for a new dormitory was done on 29th March,2024, marking a significant step towards empowering girl students of the area.” : Sarkaritel.com
” New Delhi : Rajendra Prasad Goyal, Director (Finance), NHPC has taken over the additional charge of the post of Chairman and Managing Director of NHPC Limited, India’s premier hydropower company and a Schedule ‘A’ Enterprise of Government of India on 1st March 2024.” : Sarkaritel.com
” New Delhi : In a momentous ceremony held today at Jawahar Navodaya Vidyalaya (JNV), Basugaon, Kokrajhar under Corporate Social Responsibility (CSR) of NTPC Bongaigaon, the foundation stone laying ceremony for a new dormitory was done on 29th March,2024, marking a significant step towards empowering girl students of the area.” : psuconnect.in
” New Delhi : Karunakar Das , Chief General Manager, NTPC Bongaigaon has been elevated as Executive Director with effect from 1st March,2024. Karunakar Das had taken charge as the Chief General Manager, NTPC Bongaigaon with effect from 3rd October,2022.” : Sarkaritel.com
‘PM – Surya Ghar: Muft Bijli Yojana’ promises to save Rs 15,000 per household
New Delhi : The Centre’s ‘PM – Surya Ghar: Muft Bijli Yojana’ that aims to provide free electricity to one crore households, who opt to install rooftop solar electricity unit of 3 kilowatt capacity, promises an “assured saving of approximately Rs 15,000 in a year for a household consuming up to 300 units a month”. : Sarkaritel.com
Power Finance Corporation holds Conference for State Power utilities of Eastern and North Eastern Region
New Delhi : The Power Finance Corporation Ltd. (PFC), a Maharatna Central Public Sector Enterprise under the Ministry of Power, recently organised a Conference of ‘Eastern & North Eastern State Sector Utilities’ on “PFC’s Financing in Dynamic Regulatory Environment” in Kovalam, Kerala. : Sarkaritel.com
REC Successfully Lists Two Bonds on NSE & BSE Worth ?2,500 Cr and ?2,875 Cr
New Delhi : REC Limited, a Maharatna CPSE under the Ministry of Power, has successfully listed two bonds on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). These two bonds are worth ?2,500 crore and ?2,875 crore, with maturity periods of 10 years and 3 years 2 months respectively. : Sarkaritel.com
PFC organises a Conference of ‘Eastern & North Eastern State Sector Utilities
New Delhi : The Power Finance Corporation Ltd. (PFC) recently organised a Conference of ‘Eastern & North Eastern State Sector Utilities’ on “PFC’s Financing in Dynamic Regulatory Environment” at Kovalam, Kerala, wherein 17 State Sector Power and Infrastructure Utilities of Eastern and Northern Eastern Region participated. : psuconnect.in
REC lists two bonds worth Rs 5,375 crores on BSE and NSE
New Delhi : REC Limited on Friday said that it has successfully listed two bonds on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). : psuwatch.com
REC Successfully Lists Two Bonds On NSE & BSE Worth ?2,500 Cr And ?2,875 Cr
New Delhi : REC Limited, a Maharatna CPSE under the Ministry of Power, has successfully listed two bonds on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). These two bonds are worth ?2,500 crore and ?2,875 crore, with maturity periods of 10 years and 3 years 2 months respectively. : Outlook
India cuts imported coal share, forex savings hit ?82,264 crore
New Delhi : India cuts imported coal share, forex savings hit ?82,264 crore. : Economic Times
PM Modi to inaugurate key infrastructure and energy projects worth over ?1.48 lakh crore
New Delhi : PM Modi to inaugurate key infrastructure and energy projects worth over ?1.48 lakh crore. : Economic Times
Adani Energy in early talks for up to $500 million dollar bond issue, sources say
New Delhi : Adani Energy in early talks for up to $500 million dollar bond issue, sources say. : Economic Times
Adani Group announces ?75,000 crore investment plan to boost Madhya Pradesh’s infrastructure and energy sector
New Delhi : Adani Group announces ?75,000 crore investment plan to boost Madhya Pradesh’s infrastructure and energy sector. : Economic Times
Energy firms boost gas exploration in Southeast Asia to meet growing demand
New Delhi : Energy firms boost gas exploration in Southeast Asia to meet growing demand. : Economic Times
Amplus Solar commissions 360-MWp ISTS solar project in Rajasthan
New Delhi : Amplus Solar commissions 360-MWp ISTS solar project in Rajasthan. : Economic Times
NTPC bolsters power capacity with new 800 MW Unit in Telangana
New Delhi : NTPC bolsters power capacity with new 800 MW Unit in Telangana. : Economic Times
Jakson Green signs its first renewable power pact with Solar Energy Corp
New Delhi : Jakson Green signs its first renewable power pact with Solar Energy Corp. : Economic Times
NTPC group’s installed capacity crosses 75 GW mark
New Delhi : State-owned power giant NTPC on Friday said the group’s total installed capacity crossed the 75 GW mark with the completion of trial operations of the second unit of a 660 MW thermal power project in Jharkhand. : Economic Times
Govt amends rules to mandate gencos to give surplus power to exchanges
New Delhi : The government on Friday said that the rules related to surplus power and late payment surcharge have been amended to ensure adequate supply of electricity to consumers and meet the growing demand. : Economic Times
Rules amended to push sale of surplus power on bourses
New Delhi : The government has amended the Electricity (Late Payment Surcharge and Related Matters) Rules 2022 making power generation companies not offering surplus electricity, which is within the declared generation capacity but not required by distribution companies, on the exchanges ineligible to claim capacity or fixed charges for the same. : Economic Times
Key acquisitions to expand footprint in India’s energy sector: Honeywell
New Delhi : Diversified manufacturing and tech major Honeywell is focusing on recent acquisitions such as the global Compressors Controls Corporation (CCC) to enlarge its footprint in India’s energy sector, Ashish Gaikwad, Vice President and General Manager, Industrial Automation at Honeywell India, told Business Standard. : Business Standard
PFC ORGANISES A CONFERENCE OF ‘EASTERN & NORTH EASTERN STATE SECTOR UTILITIES’
New Delhi : The Power Finance Corporation Ltd. (PFC) recently organised a Conference of ‘Eastern & North Eastern State Sector Utilities’ on “PFC’s Financing in Dynamic Regulatory Environment” at Kovalam, Kerala, wherein 17 State Sector Power and Infrastructure Utilities of Eastern and Northern Eastern Region participated. : globalgreenews.com
PM Modi Dedicates Unit#01 (660 MW) Of North Karanpura Super Thermal Power Project Of NTPC To The Nation
New Delhi : Hon’ble Prime Minister Shri Narendra Modi today dedicated NTPC’s Unit#01 (660 MW) of North Karanpura Super Thermal Power Project to the nation. Located in in Chatra district of Jharkhand, the total envisaged capacity of the project is 1980 MW. : indianpsu.com
NTPC Group Installed Capacity Reaches 74758 MW
New Delhi : NTPC Ltd., India’s largest integrated power company, successfully announces the commercial operation of Unit#2 (800MW) of Telangana Super Thermal Power Project (STPP), Stage-I (2X800 MW) w.e.f. 00:00 Hrs. of 01.03.2024. : indianpsu.com
Rajendra Prasad Goyal assumes additional charge of NHPC CMD
New Delhi : NHPC Limited on Friday said that Rajendra Prasad Goyal has assumed the additional charge of Chairman and Managing Director of the company with immediate effect. : psuwatch.com
Coal India inks pact with IIMs to boost PM’s mission Gati Shakti
New Delhi : Energy major Coal India Limited on Friday entered into a Memorandum of Understanding (MoU) with Indian Institute of Managements (IIM) Mumbai and Sambalpur, marking a crucial step in multimodal connectivity infrastructure for coal transportation in alignment with the PM Gati Shakti National Master Plan 2021. : psuconnect.in
Tangedco to import 6.5L MT coal from Malaysia to tackle summer
Chennai : In a bid to meet the summer demand, Tangedco is planning to import 6.5 lakh metric tonnes of coal from Malaysia in March and April. The power utility is likely to receive 1.40 lakh MT of coal in the first week of March. : New Indian Express
Amended Rules will increase likelihood of surplus electricity getting utilized and increase availability of power to consumers
New Delhi : The Government of India has amended the Electricity (Late Payment Surcharge and Related Matters) Rules of 2022 in order to ensure adequate supply of electricity to meet the growing demand in the country. The amendments will enhance the reliability of power supply for all consumers. : Sarkaritel.com
Two-day ‘Official Language Festival and Exhibition’ organised by NARAKAS
New Delhi : Under the Chairmanship of Mr. Sanjay Kulshrestha, CMD, HUDCO, a two-day ‘Official Language Festival and Exhibition’ was organized by the Nagar Rajbhasha Implementation Committee (NARAKAS), Delhi, PSU-2, jointly with member offices. : psuconnect.in
PFC organises Conference of ‘Eastern & North Eastern State Sector Utilities’
New Delhi : The Power Finance Corporation Ltd (PFC) recently organised a Conference of ‘Eastern & North Eastern State Sector Utilities’ on “PFC’s Financing in Dynamic Regulatory Environment” at Kovalam, Kerala, wherein 17 State Sector Power and Infrastructure Utilities of Eastern and Northern Eastern Region participated. : millenniumpost.in
PFC hosts conference for eastern & north eastern utilities, focuses on dynamic financing solutions
New Delhi : PFC hosts conference for eastern & north eastern utilities, focuses on dynamic financing solutions. : Economic Times
REC SUCCESSFULLY LISTS TWO BONDS ON NSE & BSE WORTH ?2,500 CR AND ?2,875 CR
Gurgoan, Haryana : REC Limited, a Maharatna CPSE under the Ministry of Power, has successfully listed two bonds on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). These two bonds are worth ?2,500 crore and ?2,875 crore, with maturity periods of 10 years and 3 years 2 months respectively. : globalgreenews.com
Sri Lanka awards energy deal to India after rejecting China
New Delhi : Sri Lanka awards energy deal to India after rejecting China. : Economic Times
Rajendra Prasad Goyal takes additional charge of NHPC’s CMD from March 1
New Delhi : Rajendra Prasad Goyal takes additional charge of NHPC’s CMD from March 1. : Economic Times
PM Modi to inaugurate key infrastructure projects of Central Coalfields Limited in Jharkhand
New Delhi : PM Modi to inaugurate key infrastructure projects of Central Coalfields Limited in Jharkhand. : Economic Times
Adani Group EBITDA hits Rs 79k cr in 2023
New Delhi : Adani Group EBITDA hits Rs 79k cr in 2023. : Economic Times
Coal, electricity, and crude oil drive 3.6 percent increase in India’s core industry index for January 2024
New Delhi : Coal, electricity, and crude oil drive 3.6 percent increase in India’s core industry index for January 2024. : Economic Times
Vedanta, Jindal Power, Ola participate in first tranche of critical minerals auction
New Delhi : Vedanta, Jindal Power, Ola participate in first tranche of critical minerals auction. : Economic Times
Amplus Solar commissions solar project in Bikaner
New Delhi : Amplus Solar commissions solar project in Bikaner. : Economic Times
Govt amends electricity rules to address power surplus and enhance grid reliability
New Delhi : Govt amends electricity rules to address power surplus and enhance grid reliability. : Economic Times
PM Modi to dedicate NTPC’s Karanpura project unit to nation on Friday
New Delhi : PM Modi to dedicate NTPC’s Karanpura project unit to nation on Friday. : Economic Times
India’s power consumption rises over 8 pc to 127.79 billion units in February
New Delhi : India’s power consumption grew over 8 per cent to 127.79 Billion Units (BU) in February as compared to the year-ago period, according to government data. In February 2023, power consumption stood at 118.29 BU, higher than 108.03 BU recorded in the same month a year ago, the data showed. : Economic Times
Torrent Power emerges as successful bidder to supply 388 MU power during crunch period in summers
New Delhi : Torrent Power has emerged as the successful bidder to supply 388 million units (MU) of electricity from its gas-based plant under a government scheme from March 16, 2024, to June 30, 2024, the company said on Friday. : Economic Times
Cabinet approves Rs 75,021 crore rooftop solar scheme for 10 mn households
New Delhi : The Union Cabinet on Thursday approved a rooftop solar scheme as ‘PM Surya Ghar: Muft Bijli Yojana’ to install rooftop solar panels across 10 million households with a total outlay of Rs 75,021 crore. : Business Standard
https://www.business-standard.com/companies/news/cg-power-jv-to-invest-rs-7600-cr-in-gujarat-semiconductor-facility-124030100370_1.html
New Delhi : CG Power and Industrial Solutions along with its joint venture (JV) partners will invest Rs 7,600 crore over five years to set up a semiconductor facility in Sanand, Gujarat. : Business Standard
PFC Holds Conference For State Power Utilities Of Eastern And North Eastern Region
New Delhi : The Power Finance Corporation Limited (PFC), a Maharatna Central Public Sector Undertaking, under the Ministry of Power, recently organised a Conference of ‘Eastern & North Eastern State Sector Utilities’ on “PFC’s Financing in Dynamic Regulatory Environment” in Kovalam, Kerala. : indianpsu.com
22nd Foundation Day Of Bureau Of Energy Efficiency Celebrated
New Delhi : On this day, March 1, 22 years ago, an organization was set up under the Ministry of Power, Government of India, under the provisions of the Energy Conservation Act, 2001, with the primary objective of reducing energy intensity of the Indian economy. : indianpsu.com
PFC holds conference for state power utilities of Eastern & North Eastern Region
New Delhi : The Power Finance Corporation (PFC) Limited has recently organised a conference of ‘Eastern & North Eastern State Sector Utilities’ on “PFC’s Financing in Dynamic Regulatory Environment” in Kovalam, Kerala. : psuwatch.com
Govt amends Electricity LPS rules to push gencos to offer surplus power in market
New Delhi : The government has amended the Electricity (Late Payment Surcharge and Related Matters) Rules of 2022 to push power generators to offer their surplus power in the market. : psuwatch.com
NTPC Bags Four Awards at Brandon Hall Group Excellence Awards
Mumbai : The US-based Brandon Hall Group is a professional development company that offers data, research, insights, and certification to Learning and Talent executives and organizations. : psuconnect.in
Oil and Gas
” New Delhi : State-run Oil and Natural Gas Corporation (ONGC) will form a joint venture with EverEnviro Resource Management Pvt. Ltd., India’s leading compressed biogas / RNG developer to set up compressed biogas plants (CBG) across the country.” : Sarkaritel.com
ONGC Board Approves JV with Ever Enviro to Set up CBG Plants Pan India
New Delhi : State-run Oil and Natural Gas Corporation (ONGC) will form a joint venture with EverEnviro Resource Management Pvt. Ltd., India’s leading compressed biogas / RNG developer to set up compressed biogas plants (CBG) across the country. : newsmantra.in
ONGC Board Approves JV with EverEnviro to Set up CBG Plants Pan India
New Delhi : State-run Oil and Natural Gas Corporation (ONGC) will form a joint venture with EverEnviro Resource Management Pvt. Ltd., India’s leading compressed biogas / RNG developer to set up compressed biogas plants (CBG) across the country. : psuconnect.in
Russia boosts fuel exports to Senegal on shipping sector demand
New Delhi : Russia boosts fuel exports to Senegal on shipping sector demand. : Economic Times
Coal, electricity, and crude oil drive 3.6 percent increase in India’s core industry index for January 2024
New Delhi : Coal, electricity, and crude oil drive 3.6 percent increase in India’s core industry index for January 2024. : Economic Times
Global oil demand to grow by 1.9 mln bpd in 2024, says Wood Mac
New Delhi : Global oil demand to grow by 1.9 mln bpd in 2024, says Wood Mac. : Economic Times
Russia to ban petrol exports for six months
New Delhi : Russia to ban petrol exports for six months. : Economic Times
Gaining momentum: Petro product exports fire up after fall in January
New Delhi : India’s petroleum product exports, one of the country’s biggest export earners, rose 23 per cent in February compared to the previous month, arresting the growing clout of the United States in Europe’s lucrative fuel market. : Business Standard
Narendra Modi inaugurates IOC’s Haldia-Barauni Crude Oil Pipeline, LPG plant in Bengal
New Delhi : Prime Minister Narendra Modi, who was in Hooghly, West Bengal, on Friday inaugurated Indian Oil’s 518-km Haldia-Barauni Crude Oil Pipeline developed at a cost of about Rs 2,790 crore. This pipeline passes through Bihar, Jharkhand and West Bengal. : psuwatch.com
ONGC board approves JV with EverEnviro to set up CBG plants pan India
New Delhi : Oil and Natural Gas Corporation (ONGC) on Friday said that it will form a joint venture with EverEnviro Resource Management Pvt. Ltd. to set up compressed biogas plants (CBG) across the country. : psuwatch.com
ONGC board approves JV with EverEnviro to set up CBG plants pan India
New Delhi : ONGC board approves JV with EverEnviro to set up CBG plants pan India. : Economic Times
L&T commissions India’s first indigenously built green hydrogen electrolyser in Gujarat
New Delhi : L&T commissions India’s first indigenously built green hydrogen electrolyser in Gujarat. : Economic Times
Govt hikes windfall tax on petroleum crude
New Delhi : Govt hikes windfall tax on petroleum crude. : Economic Times
Fuel price surge: Oil companies spike commercial LPG rates, impacting metro consumers
New Delhi : Fuel price surge: Oil companies spike commercial LPG rates, impacting metro consumers. : Economic Times
Centre hikes commercial LPG & ATF prices; check latest prices here
New Delhi : State-owned retailers on Friday revised the prices of commercial LPG gas cylinders and jet fuel with effect from March 1. : Economic Times
https://www.financialexpress.com/commodities-2/oil-price-rises-as-markets-await-opec-decision-on-supply-agreements/3410095/
New Delhi : Oil prices edged up on Friday and were set to end the week modestly higher as markets awaited an OPEC+ decision on supply agreements for the second quarter amid differing demand indicators key consumers U.S. and China. : Financial Express
L&T Commissions First Indigenously Built Hydrogen Electrolyser At Hazira
New Delhi : Larsen & Toubro (L&T) has achieved a significant milestone in the clean energy space by commissioning its first indigenously manufactured electrolyser at the Green Hydrogen Plant at A M Naik Heavy Engineering Complex in Hazira, Gujarat. : indianpsu.com
