13-Mar-2024
Power
” New Delhi : Adani Electricity Mumbai has topped the rating list of India’s 55 power distribution companies (discoms) released by the Union Power Ministry on Monday.” : Sarkaritel.com
” New Delhi : Adani Electricity Mumbai Ltd has retained the top position in the Union Power Ministry’s 12th Annual Integrated Rating & Ranking for various parameters, an official spokesperson said here on Tuesday.” : Sarkaritel.com
Sandeep Kumar set to be next Director (Finance) of PFC
New Delhi : Sandeep Kumar is set to be the next Director (Finance) of Power Finance Corporation (PFC) Limited, a Maharatna PSU under the Ministry of Power. He has been recommended for the post by the Public Enterprises Selection Board (PESB) panel on Tuesday. : psuwatch.com
Powergrid signs mou with RRVPNL to incorporate a Joint Venture
New Delhi : According to the exchange filing made by state-owned regulatory, it is stated that under regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that Power Grid Corporation of India Limited (POWERGRID). : psuconnect.in
PESB picks Sanjay Kumar Singh for NHPC’s Director (Projects) post
New Delhi : Sanjay Kumar Singh is set to be next Director (Projects) of NHPC Limited. He has been recommended for the post by the Public Enterprises Selection Board (PESB) panel on Tuesday. : psuwatch.com
Legal compliance by Public Sector Listed Companies (PSLCs) – indications of a ‘Good Governance’ approach ?
New Delhi : The FE(Financial Express) of December 27, 2023 says – ‘for Public Sector Undertaking (PSU) indices, (calendar year) 2023 has been the best year in a decade. …the BSE CPSE rose 71.7% – more than thrice the gain in the Sensex (17.3%) and the Nifty (18.4%)….Of the 84 listed stocks, 24 gave returns over 100%, while another 25 between 50-100%.’ : Sarkaritel.com
India’s coal sector employs over 369,000, production nears 1 billion tonne mark
New Delhi : India’s coal sector employs over 369,000, production nears 1 billion tonne mark. : Economic Times
Renewable drive: Coal sector to boost solar and wind capacity to 9GW by 2030
New Delhi : Renewable drive: Coal sector to boost solar and wind capacity to 9GW by 2030. : Economic Times
IREDA gets ‘Excellent’ rating for third year in row, celebrates 38th foundation day
New Delhi : IREDA gets ‘Excellent’ rating for third year in row, celebrates 38th foundation day. : Economic Times
Researchers explore phase transitions in solar cell materials, eyeing efficiency boost
New Delhi : Researchers explore phase transitions in solar cell materials, eyeing efficiency boost. : Economic Times
Opinion: India’s coal-fired electricity output & emissions hit record highs
New Delhi : Opinion: India’s coal-fired electricity output & emissions hit record highs. : Economic Times
Torrent Power awarded 306 MW Solar Project in Maharashtra
New Delhi : Torrent Power Limited has emerged as a successful bidder and received a Letter of Award from Maharashtra State Electricity Distribution Co. Limited (MSEDCL) on March 07, 2024, for setting up 306 MW grid-connected Solar power project, at 48 distributed locations, across Nasik District, Maharashtra. : psuconnect.in
IREDA Achieves ‘Excellent’ Rating for Third Consecutive Year
New Delhi : Indian Renewable Energy Development Agency Ltd (IREDA) celebrated its 38th Foundation Day today, marking a significant milestone in its journey towards fostering renewable energy development in India. : psuconnect.in
Uttar Pradesh, TUSCO Sign PPA To Setup 600 MW Solar Project In Jhansi
New Delhi : Uttar Pradesh, TUSCO Sign PPA To Setup 600 MW Solar Project In Jhansi. : saurenergy.com
L&T Emerges Lowest Bidder For 100 MW Jharkhand Floating Solar Project
New Delhi : L&T Emerges Lowest Bidder For 100 MW Jharkhand Floating Solar Project. : saurenergy.com
Maharashtra Invites Bids To Procure 1 GW Solar Project
New Delhi : Maharashtra Invites Bids To Procure 1 GW Solar Project. : saurenergy.com
14 discoms achieve A+ in 2022-23 performance rankings, Adani leads
New Delhi : 14 discoms achieve A+ in 2022-23 performance rankings, Adani leads. : Economic Times
Tata Power Solar Systems commissions 100 solar project with 120 MWh battery storage
New Delhi : Tata Power Solar Systems commissions 100 solar project with 120 MWh battery storage. : Economic Times
India, Russia in discussions on thermonuclear research, transit potential of North sea: Rosatom CEO
New Delhi : India, Russia in discussions on thermonuclear research, transit potential of North sea: Rosatom CEO. : Economic Times
Foundation stone laid for 630 MW solar power project in MP’s Chhatarpur district
New Delhi : Foundation stone laid for 630 MW solar power project in MP’s Chhatarpur district. : Economic Times
IREDA CELEBRATES ITS 38TH FOUNDATION DAY
New Delhi : Indian Renewable Energy Development Agency Ltd. (IREDA) celebrated its 38th Foundation Day on March 11, 2024, marking a significant milestone in its journey towards fostering renewable energy development in India. : globalgreenews.com
Coal Sector Aims To Ramp Up Renewable Energy Capacity To Over 9 GW By 2030
New Delhi : In alignment with the Prime Minister’s ‘Panchamrit’ announcement during COP-26 and to progress towards the goal of net zero carbon emissions by 2070, Ministry of Coal has taken significant steps for promoting renewables initiatives towards reducing carbon footprints. : indianpsu.com
Commercial coal mining: Adani wins largest coal mine on Day 1 with lowest revenue share
New Delhi : Mahan Energen Limited (MEL), a subsidiary of Adani Power Limited (APL), bagged the largest coal mine out of the eight coal mines for which the government conducted e-auction for commercial coal mining on Tuesday. : psuwatch.com
SJVN CMD Inaugurated Blood Donation Camp at Shimla
Shimla : Smt. Geeta Kapur, Chairman & Managing Director, SJVN inaugurated the Blood Donation camp organized by SJVN in association with IGMC Blood Bank, Shimla at Corporate Headquarters, Shimla on March 11. : psuconnect.in
CIL, RRVUNL Sign MoU for 4100 MW Power In Rajasthan
New Delhi : CIL, RRVUNL Sign MoU for 4100 MW Power In Rajasthan. : saurenergy.com
West Bengal Can Save Rs 62,000cr By Roping In Renewables: Report
New Delhi : West Bengal Can Save Rs 62,000cr By Roping In Renewables: Report. : saurenergy.com
Tata Power Solar Commissions Solar & Battery Energy Storage project in Chhattisgarh
New Delhi : Tata Power Solar Commissions Solar & Battery Energy Storage project in Chhattisgarh. : saurenergy.com
Govt Asks Coal Firms To Increase Adoption Of Solar Power
New Delhi : Govt Asks Coal Firms To Increase Adoption Of Solar Power. : saurenergy.com
Adani Green Energy operationalises 1 GW of 30-GW Khavda renewable energy park
New Delhi : Adani Green Energy operationalises 1 GW of 30-GW Khavda renewable energy park. : Economic Times
EESL expands energy-efficient product portfolio; adds 6-watt LED bulb
New Delhi : Energy saving solutions provider EESL on Tuesday announced expansion of its product portfolio with the introduction of a 6-watt LED bulb and said it will lead to around 30 percent savings in power consumption. : psuwatch.com
Tata Power arm bags 100MW solar project in Chattisgarh
New Delhi : Tata Power Solar Systems Limited (TPSSL), a fully integrated solar company in India and a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), has successfully commissioned the country’s largest Solar and Battery Energy Storage Systems (BESS) project that comprises 100 MW Solar PV Project coupled with 120 MWh Utility Scale Battery Energy Storage System (BESS), at Rajnandgaon in Chhattisgarh. : psuconnect.in
Oil and Gas
Reliance’s fuel supply to Europe avoids Red Sea: Sources
New Delhi : Most of the tankers loaded with fuel from Reliance Industries refineries in western India are sailing via the Cape of Good Hope to avoid the Red Sea due to the heightened risk of attacks by Yemen’s Houthi group, according to shipping sources and ship tracking data. : Economic Times
Delay in DIPAM nod holds up Indian Oil’s Mercator buyout
New Delhi : Indian Oil Corp (IOCL), the country’s biggest fuel retailer, is yet to secure state approval to complete the the acquisition of oil and gas company Mercator Petroleum more than four months after the National Company Law Tribunal allowed the sale of the distressed asset. : Economic Times
BPCL hosts Compressed Biogas Workshop in Bhopal
New Delhi : Bharat Petroleum Corporation Limited (BPCL) in partnership with the Ministry of Petroleum & Natural Gas (MoP&NG), hosted a workshop aimed at propelling the adoption of Compressed Biogas (CBG) as a sustainable energy solution. : psuwatch.com
Hafnia investigating tanker accident at BPCL crude import facility
New Delhi : Hafnia investigating tanker accident at BPCL crude import facility. : Economic Times
Analysis: OPEC, IEA at most divided on oil demand since at least 2008
New Delhi : Analysis: OPEC, IEA at most divided on oil demand since at least 2008. : Economic Times
BackBack OPEC retains demand forecast for 2024, raises economic growth projections; Brent stuck at $82/bbl
New Delhi : The Organization of the Petroleum Exporting Countries (OPEC) bloc, led by Saudi Arabia has retained its forecast for demand growth for 2024 and 2025, amid constant tensions in the Middle East. : Mint
India achieves 11.6% ethanol blend with petrol in first 4 months of 2023-24
New Delhi : India has achieved an average ethanol blending rate of 11.60 per cent in the first four months of 2023-24 supply year that started from November, against the 15 per cent target set by the government for the whole year. : Business Standard
PM MODI LAYS FOUNDATION STONE OF PETROCHEMICALS COMPLEX OF PETRONET LNG AT DAHEJ, GUJARAT
New Delhi : The Prime Minister Shri Narendra Modi laid the foundation stone of petrochemicals complex of petronet LNG at Dahej and dedicated to the nation 50 Pradhan Mantri Bhartiya Janaushadhi Kendras from Ahmedabad, Gujarat today. : globalgreenews.com
Export Plan: NRL’s liaison office inaugurated in Dhaka
New Delhi : High Commissioner of India to Bangladesh Pranay Verma inaugurated the Liaison Office of the Numaligarh Refinery Ltd (NRL) in Dhaka, the first overseas office of the company, an official release said. : psuwatch.com
Petrol pumps cap inventory amid hopes of fuel price cut
New Delhi : Retail fuel pumps across the country are operating with about three days of stock against the usual inventory of five days over the past month amid speculations of a cut in petrol and diesel prices ahead of general elections. : Mint
Legal compliance by Public Sector Listed Companies (PSLCs) – indications of a ‘Good Governance’ approach ?
New Delhi : The FE(Financial Express) of December 27, 2023 says – ‘for Public Sector Undertaking (PSU) indices, (calendar year) 2023 has been the best year in a decade. …the BSE CPSE rose 71.7% – more than thrice the gain in the Sensex (17.3%) and the Nifty (18.4%)….Of the 84 listed stocks, 24 gave returns over 100%, while another 25 between 50-100%.’ : Sarkaritel.com
Amit Shah inaugurates PNG facility in 41 Delhi villages, development works in 178 others
New Delhi : Amit Shah inaugurates PNG facility in 41 Delhi villages, development works in 178 others. : Economic Times
Encouraging signs of development across India’s biogas value chain
New Delhi : Encouraging signs of development across India’s biogas value chain. : Economic Times
Opinion: Oil prices stall after funds complete short covering
New Delhi : Opinion: Oil prices stall after funds complete short covering. : Economic Times
Jio-BP, Nayara, Shell unable to regain pre-2022 market share
New Delhi : Private sector fuel retailers Jio-BP, Rosneft-backed Nayara Energy and Shell haven’t yet been able to fully regain the market share they gave up in 2022 after the beginning of the Russia-Ukraine war that triggered a turmoil in the global oil market and made domestic fuel sales loss making for some time. : Economic Times
US trying to help India get lower prices for Russian oil, Joe Biden envoy says
New Delhi : The United States is trying to help India negotiate lower prices for Russian oil as it deepens sanctions on tankers carrying the petroleum above Western price caps, President Joe Biden’s energy envoy said on Tuesday. : Economic Times
Petrol pumps cap inventory amid hopes of fuel price cut
New Delhi : Retail fuel pumps across the country are operating with about three days of stock against the usual inventory of five days over the past month amid speculations of a cut in petrol and diesel prices ahead of general elections. : Mint
OPEC Holds Oil Demand View Steady Raises 2024 Economic Forecast
New Delhi : OPEC Holds Oil Demand View Steady Raises 2024 Economic Forecast. : Mint
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On March 12
New Delhi : Petrol, Diesel Prices Today On March 12, 2024: The impact of softening oil and gas prices in the global market is also visible on the domestic retail market. CNG became cheaper in the National Capital Region on Thursday morning, while the prices of petrol and diesel have also declined. Today, oil prices have fallen in many cities of UP and Bihar too. : news18.com
