20-Mar-2024
Power
” New Delhi : The Central Industrial Security Force (CISF) Unit of NTPC Bongaigaon has been awarded the prestigious Best Fire Unit trophy among 114 units on a pan-India basis. The recognition was presented to Shri M.S. Kandari, Assistant Commandant Fire, by Smt. Nena Singh, DG CISF, during the 55th CISF Raising Day 2024 at RTC Bhilai.” : Sarkaritel.com
” New Delhi : GoodEnough Energy on Tuesday announced that it would make an investment of over Rs 450 crore for setting up a Battery Energy Storage System (BESS) gigafactory in Jammu & Kashmir.” : Sarkaritel.com
BHEL bags order for 2×800 MW Singrauli Supercritical Thermal Power plant
New Delhi : Under International Competitive Bidding (ICB), Bharat Heavy Electricals Limited (BHEL) has bagged an order from NTPC Ltd. for setting up the 2×800 MW Singrauli Supercritical Thermal Power Plant (STPP) Stage-III on Engineering, Procurement & Construction (EPC) basis. : Sarkaritel.com
REC board okays third interim dividend of Rs 4.5 per share
New Delhi : The board of Maharatna PSU REC Limited on Tuesday approved a third interim dividend of Rs 4.5 per share with face value of Rs 10 each for 2023-24. : psuwatch.com
Avaada Inclean inks pact with DVC to supply electricity in Gujarat
New Delhi : Avaada Inclean inks pact with DVC to supply electricity in Gujarat. : Economic Times
REC Limited declares 3rd interim dividend for FY24
New Delhi : REC Dividend 2024: The Maharatna Public Sector Undertaking under the administrative control of the Ministry of Power, Government of India REC Limited today on March 19 in its Board of Directors meeting declared the 3rd interim dividend at Rs 4.50 (Rupees Four and Paise Fifty only) per equity share of Rs 10/ – each for the financial year 2023-24. : psuconnect.in
Water released from Jayakwadi dam to Parli thermal power plant amid shortage
New Delhi : Water released from Jayakwadi dam to Parli thermal power plant amid shortage. : Economic Times
SC rejects Adani firm’s plea for over Rs 1300 crore as late payment surcharge from Rajasthan state discom
New Delhi : SC rejects Adani firm’s plea for over Rs 1300 crore as late payment surcharge from Rajasthan state discom. : Economic Times
Tripling renewable power capacity by 2030 requires policy support: IRENA
New Delhi : Achieving the global target set at COP28 to triple renewable power capacity by 2030 relies heavily on establishing conducive conditions for such growth. : Sarkaritel.com
Inox Green Energy bags restoration project for 33 wind turbines from NLC India
New Delhi : Inox Green Energy bags restoration project for 33 wind turbines from NLC India. : Economic Times
GoodEnough Energy set to establish India’s largest BESS Gigafactory in J&K with 7GWh initial capacity
New Delhi : GoodEnough Energy set to establish India’s largest BESS Gigafactory in J&K with 7GWh initial capacity. : Economic Times
Servotech Power Systems to set up 20 EV charging stations in Nashik
New Delhi : Servotech Power Systems to set up 20 EV charging stations in Nashik. : Economic Times
GoodEnough Energy to invest Rs 450 cr in 20GWh BESS manufacturing plant
New Delhi : GoodEnough Energy, a provider of battery energy storage systems (BESS), announced on Tuesday its plans to invest Rs 450 crore in establishing a manufacturing plant with an annual capacity of 20 GWh in Jammu & Kashmir by 2026. : Business Standard
BHEL bags order for 2×800 MW Singrauli Supercritical Thermal Power plant
New Delhi : Bharat Heavy Electricals Limited (BHEL) hon Tuesday said that it has bagged an order from NTPC Limited for setting up the 2×800 MW Singrauli Supercritical Thermal Power Plant (STPP) Stage-III. : psuwatch.com
SJVN and THDC Organise interactive workshop for vigilance officers
New Delhi : Underlining the significant role of the Power Sector in sustaining overall Socio-Economic development of India ensuring energy security, and driving inclusive progress, Sh. R. K. Vishnoi, Chairman and Managing Director. : psuconnect.in
Alpex Solar Bags Two Order Under PM-KUSUM Scheme In Haryana
New Delhi : Alpex Solar Bags Two Order Under PM-KUSUM Scheme In Haryana. : saurenergy.com
Solar sector alert: Red Sea turmoil propels module prices, India seeks self-reliance in production
New Delhi : Solar sector alert: Red Sea turmoil propels module prices, India seeks self-reliance in production. : Economic Times
Vedanta-owned Sterlite Power Transmission said to transfer three power projects to GIC venture
New Delhi : Vedanta-owned Sterlite Power Transmission said to transfer three power projects to GIC venture. : Economic Times
Alpex Solar bags orders worth Rs 43.7 crore in Haryana
New Delhi : Alpex Solar bags orders worth Rs 43.7 crore in Haryana. : Economic Times
Navigating the New Electricity Rules: Resolving Outstanding Dues between GENCOs, ISTLs, ETLs, and DISCOMs
New Delhi : Navigating the New Electricity Rules: Resolving Outstanding Dues between GENCOs, ISTLs, ETLs, and DISCOMs. : Economic Times
Reliance Power and its parent entity actively settling dues with lenders
Mumbai : Anil Ambani-led Reliance Power settled the debts owed to three banks – ICICI Bank, Axis Bank, and DBS Bank – last week while its parent Reliance Infrastructure is working towards settling dues of Rs 2,100 crore to JC Flowers Asset Reconstruction Company, said people with knowledge of the matter. : Economic Times
BHEL bags 1,600 MW thermal project order from NTPC
New Delhi : State-owned engineering firm Bharat Heavy Electricals Ltd (BHEL) on Tuesday said it has bagged an order for setting up 1,600 MW Singrauli Supercritical Thermal Power Plant (STPP) Stage-III from NTPC. : Economic Times
Adani Electricity aims to install 8,500 EV chargers in suburban Mumbai
Mumbai : Adani Electricity Mumbai Ltd on Tuesday said it is looking to install 8,500 chargers for electric vehicles (EVs) across apartment blocks in the suburbs of the financial capital. : psuwatch.com
Inox Green arm bags Rs 40 crore order to restore wind turbine generators
New Delhi : Inox Green Energy Services on Tuesday said its subsidiary I-Fox Windtechnik India Pvt Ltd has bagged an order worth Rs 39.5 crore for restoration of 33 wind turbine generators (WTGs) of 1.5MW each from NLC India. : psuwatch.com
PESB picks Sivakumar V Vepakomma for SECI’s Director (Power System) post
New Delhi : Sivakumar V Vepakomma is set to be next Director (Power System) of Solar Energy Corporation of India (SECI), a PSU under the Ministry of New and Renewable Energy. : psuwatch.com
BEE organises conference on ‘Investment Bazaar for Energy Efficiency Financing’
New Delhi : Bureau of Energy Efficiency (BEE), in collaboration with the Telangana State Renewable Energy Development Corporation Limited (SDA), held the “Investment Bazaar for Energy Efficiency Financing” on March 15, 2024, in Hyderabad, Telangana. : psuconnect.in
Torrent Power limited received LoA to set up solar hybrid project
New Delhi : As per the filing made by the company, according to Regulation 30 read with Schedule Ill to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 the Company wishes to inform that it has received a Letter of Award from Torrent Power Limited-Distribution Unit for setting up of 300 MW (RE Power) Grid-Connected Wind Solar Hybrid Projects. : psuconnect.in
DMRC Issues Tender For Solar Projects At Phase-IV Sections
New Delhi : DMRC Issues Tender For Solar Projects At Phase-IV Sections. : saurenergy.com
Inox Green Energy Receives LoA From NLC For Restoration Of 33 WTGs
New Delhi : Inox Green Energy Receives LoA From NLC For Restoration Of 33 WTGs. : saurenergy.com
SJVN CMD, Geeta Kapur visits Solar Projects in Nangal
Shimla : Smt. Geeta Kapur, Chairman & Managing Director, SJVN accompanied by Sh. Akhileshwar Singh, Director (Finance) & Sh. Ajay Singh, CEO, of SJVN Green Energy Limited (SGEL) today visited SJVN’s 15 MW Nangal Floating Solar Project & 18 MW Ground Mounted Solar Project site at Vill. Neilla Dist. Bilaspur, H.P. On this occasion, senior officials of SJVN, SGEL & BBMB were also present. : psuconnect.in
Oil and Gas
” New Delhi : The five-day Steering Committee Meeting of the 23-nation International Partnership for Hydrogen and Fuel Cells in the Economy (IPHE) is being convened in the national capital during March 18 -22. The participants will hold discussions on new developments in hydrogen technology and identify key areas for further collaboration.” : Sarkaritel.com
‘India targets to hike share of natural gas in the energy mix to 15 per cent’
New Delhi : India targets to increase the share of natural gas in its overall primary energy mix to 15 per cent by 2030 from the prevailing 6 per cent share, said credit rating agency CARE Ratings. : Sarkaritel.com
Saudi Aramco CEO calls energy transition strategy a failure
New Delhi : Saudi Aramco CEO calls energy transition strategy a failure. : Economic Times
Big Oil executives push back against calls for fast energy transition
New Delhi : Big Oil executives push back against calls for fast energy transition. : Economic Times
IPHE meeting focuses on R&D, innovation to accelerate adoption of green hydrogen
New Delhi : IPHE meeting focuses on R&D, innovation to accelerate adoption of green hydrogen. : Economic Times
India’s dependence on LNG imports may fall to 45% in FY26
Mumbai : With the increase in domestic natural gas production, India’s dependency on imported liquefied natural gas (LNG) is expected to fall to about 45% of total consumption in 2025-26 after gradually declining from 53% in 2020-21, CareEdge Ratings said in a report on Tuesday. : Economic Times
Imports of natural gas continue to surge
New Delhi : India’s appetite for imported natural gas is dramatically growing with prices falling in the international markets. : Economic Times
India to record its highest-ever gas consumption annually in FY24: CareEdge Ratings
New Delhi : With the rise in domestic natural gas production, India’s dependency on imported LNG or liquefied natural gas, which stood at 53% of total consumption in FY21, has gradually declined over the last three years and is expected to remain at around 45% by FY26, said CareEdge Ratings in a report on Tuesday. : Economic Times
Five-Day 41st Steering Committee Meeting Of International Partnership For Hydrogen And Fuel Cells In The Economy Begins In New Delhi
New Delhi : The 41st Steering Committee Meeting of the International Partnership for Hydrogen and Fuel Cells in the Economy (IPHE) is being convened in New Delhi, India during March 18 – 22, 2024. : indianpsu.com
Canada, Germany sign MOU to implement transatlantic hydrogen corridor
New Delhi : Canada and Germany have signed a Memorandum of Understanding (MOU) to implement a transatlantic hydrogen corridor. : Economic Times
India hosts 41st IPHE meeting, focuses on accelerating hydrogen economy
New Delhi : India hosts 41st IPHE meeting, focuses on accelerating hydrogen economy. : Economic Times
Deep discounts keep Russia as India’s foremost oil provider amid global shifts
New Delhi : Deep discounts keep Russia as India’s foremost oil provider amid global shifts. : Economic Times
Saudi Aramco CEO says no peak in oil demand for some time to come
New Delhi : Saudi Aramco CEO says no peak in oil demand for some time to come. : Economic Times
Hydrogen adoption will cost Europe, US more than $1 trillion
New Delhi : Hydrogen adoption will cost Europe, US more than $1 trillion. : Economic Times
Oil hits 4-month high after Ukraine’s drone attack on Russian refinery, OPEC cuts; Brent at $87/bbl
New Delhi : International crude oil prices again hit a four month-high mark on Tuesday, March 19, after breaking above range-bound trading last week, but gains were limited by the prospect of rising exports from Russia as Ukrainian attacks on oil infrastructure curb domestic refining activity. : Mint
Oil marketing companies to bear latest oil price cut, not govt grant
New Delhi : The decision by the three oil-marketing companies (OMCs) to reduce petrol and diesel prices after a record 22 months will be borne by the companies themselves, and not through a government grant, officials said. : Business Standard
41st meeting on International Partnership for Hydrogen and Fuel Cells in Economy begins in New Delhi
New Delhi : The International Partnership for Hydrogen and Fuel Cells in the Economy (IPHE) is holding its 41st Steering Committee Meeting in New Delhi, India from March 18th to 22nd, 2024. : psuconnect.in
Petrol, Diesel Fresh Prices Announced On March 19: Know Fuel Rates In Your City
New Delhi : Petrol and Diesel Prices Cut Today On March 19, 2024: In the international market, WTI crude is selling at $82.67 per barrel with a drop of 0.06% at around 6 am on Tuesday. At the same time, Brent crude is trading at $86.87 per barrel with a drop of 0.02%. : news18.com
