” New Delhi : A one day HR Conference, sponsored by NLC India Limited and jointly organised by the National Institute of Personnel Management (NIPM), Neyveli, Pondicherry and Trichy Chapters on the topic “Human Capital in the era of digital transformation”, was held on 18/03/2023 at Hotel Anandha Inn, Pondicherry.” :
Sarkaritel.com
” New Delhi : The Airport Authority of India (AAI) has given the target to most of the airports to achieve 100 per cent use of Green Energy by 2024 and Net Zero by 2030. Currently Mumbai, Cochin and 25 other AAI Airports are using 100 per cent Green Energy.” :
Sarkaritel.com
” New Delhi : Power Finance Corporation Ltd. (PFC) a Maharatna Company and India’s leading NBFC in the power sector has signed anMoU with the Indian Institute of Science (IISc) to support establishing a state-of-the-art building that will house the Interdisciplinary Centre for Energy Research (ICER).” :
Sarkaritel.com
” New Delhi : NTPC Limited, India’s largest power producer, today commemorated World Water Day through a conference on ‘Sustainable Supply Chain with Focus on Water Sustainability’, by NTPC along with prominent supply chain partners and vendors to observe World Water Day 2023.” :
Sarkaritel.com
” New Delhi : REC Power Development and Consultancy Limited (RECPDCL), the wholly owned subsidiary of REC Limited – the NBFC Maharatna CPSU under the aegis of Ministry of Power, handed over 6 projects’ specific Special Purpose Vehicles (SPV), mostly formed for the construction of Transmission Projects in Khavda region through Tariff Based Competitive Bidding process on 21st March 2023.” :
Sarkaritel.com
” New Delhi : PFC, a Maharatna company and the leading NBFC in Indian power sector, has recently signed a Project Loan Agreement (PLA) for JPY 2.65 Billion with Japan Bank for International Cooperation (JBIC) at a Project Loan Agreement (PLA) signing ceremony held at JBIC Head Quarters, Tokyo, Japan. This PLA was executed under General Agreement signed between PFC & JBIC for JPY 30 Billion.” :
Sarkaritel.com
” New Delhi : World Water Day was observed at NTPC Bongaigaon today on 22nd March,2023. Karunakar Das, CGM, NTPC Bongaigaon administered the pledge to the employees spreading the message of conserving water resources and sustainable management of water resources. Later, S.K.Jha,GM (FM) administered the pledge in English. The program was attended by Induri S Reddy, GM(Maintenance), Arunashis Das, GM (Project), departmental heads and senior officials of the station.” :
Sarkaritel.com
” New Delhi : Power Grid Corporation of India Limited (POWERGRID) – a Maharatna CPSU under Ministry of Power, has acquired six project Special Purpose Vehicles (SPVs) for various transmission system projects after competing with various private sector players and emerging as successful bidder in the Tariff Based Competitive Bidding process (TBCB) conducted by REC Power Development and Consultancy Limited (RECPDCL) as per the guidelines notified by Government of India.” :
Sarkaritel.com
REC hands over 6 Special Purpose Vehicles to India’s Power Grid Corporation
New Delhi : Rural Electrification Corporation Power Development and Consultancy Limited (RECPDCL) on Wednesday announced handing over six projects’ specific Special Purpose Vehicles (SPV) to Power Grid Corporation of India Limited (PGCIL), the company stated in a press release. : Economic Times
Power Finance Corporation to get Rs 165 cr loan from Japan’s JBIC
New Delhi : Power Finance Corporation has inked a pact with Japan Bank for International Cooperation (JBIC) for a project loan of JPY 2.65 billion or about Rs 165 crore. Under this facility, JBIC has proposed to finance some of PFC’s projects which ensure effective reduction of greenhouse gas emissions and conservation of the global environment. : Economic Times
Army partners NTPC arm for clean energy
New Delhi : NTPC Renewable Energy Ltd (NREL) has signed a memorandum of understanding with the Indian Army for setting up green hydrogen Projects at army establishments on a build, own and operate model. : Mint
Japan’s JBIC to lend JPY 2.65 billion to Power Finance Corp
New Delhi : State-run Power Finance Corporation (PFC) has signed a project loan agreement (PLA) for JPY (Japanese yen) 2.65 billion or about ₹165 crore with Japan Bank for International Cooperation (JBIC). : Mint
World Water Day at NTPC Bongaigaon
New Delhi : World Water Day at NTPC Bongaigaon. : psuconnect.in
PFC inks Project Loan Agreement of JPY 2.65 Billion with Japan Bank for International Cooperation
New Delhi : PFC inks Project Loan Agreement of JPY 2.65 Billion with Japan Bank for International Cooperation. : psuconnect.in
REC transfers 6 SPVs to Power Grid Corporation for transmission projects
New Delhi : REC Ltd on Wednesday said its wholly-owned subsidiary REC Power Development and Consultancy Ltd (RECPDCL) has handed over six special purpose vehicles to Power Grid Corporation of India Ltd. : Business Standard
BEE with NPTI Organized Sixth training workshop (Phase- III)
New Delhi : BEE with NPTI Organized Sixth training workshop (Phase- III). : psuconnect.in
NTPC commemorates World Water Day with pledge on sustainable water conservation across the value chain
New Delhi : NTPC commemorates World Water Day with pledge on sustainable water conservation across the value chain. : psuconnect.in
PFC signed MoU with Indian Institute of Science to Support establishment of state-of-the-art building
New Delhi : PFC signed MoU with Indian Institute of Science to Support establishment of state-of-the-art building. : psuconnect.in
By 2025, Delhi govt aims to meet 25 pc of annual electricity demand through solar power
New Delhi : The Delhi government’s solar policy, which will be notified next month, aims to meet 25 per cent of the city’s annual electricity demand through the clean energy by 2025, Delhi Finance Minister Kailash Gahlot announced on Wednesday. : Economic Times
JSW energy looks to refinance ₹6k crore of ‘Mytrah’ loans
New Delhi : JSW Energy is looking to refinance ₹6,000 crore of renewable energy loans that it assumed when it acquired assets from Mytrah Energy for an enterprise value of ₹11,934 crore in August, according to people aware of the matter. : Economic Times
Parliamentary panel asks govt to adhere to strict timelines for rooftop solar projects
New Delhi : A Parliamentary panel has expressed concern over the fact that against the overall target of 40 GW, only 7.40 GW of rooftop solar projects have been installed in the country, and has asked the government to adhere to strict timelines while approving applications for such projects. : Economic Times
India exploited 29 percent of hydropower potential: Power Minister
New Delhi : India has exploited 29 per cent of its hydropower potential against over 80 per cent and 70 per cent developed by the US and European Union respectively, Parliament was informed on Tuesday. : Economic Times
Mizoram plans to set up 5 hydro power plants of 800 MW capacity
Aizawl : The Mizoram government has prepared Detailed Project Reports (DPRs) for five hydro-electric power plants in the state with a total generation capacity of around 800 MW, Power & Electricity Department officials said on Tuesday. : Economic Times
APDCL Issues Tender for Selection of Solar Power Developers for 10 MW Solar Projects
New Delhi : APDCL Issues Tender for Selection of Solar Power Developers for 10 MW Solar Projects. : mercomindia.com
Union Power Minister Orders Coal Import for Domestic Power Plants to Boost Stockpiles
New Delhi : Union Power Minister Orders Coal Import for Domestic Power Plants to Boost Stockpiles. : psuconnect.in
PESB recommends Rajiv Kumar Porwal as Director (System Operation) of Grid India
New Delhi : PESB recommends Rajiv Kumar Porwal as Director (System Operation) of Grid India. : psuconnect.in
CMD, SJVN inaugurates ‘PRAVESH’ function organized to celebrate Bhartiya Nav Varsh
New Delhi : CMD, SJVN inaugurates ‘PRAVESH’ function organized to celebrate Bhartiya Nav Varsh. : psuconnect.in
India may begin to export coal by FY26
New Delhi : India, the world’s second-largest coal producer and a net importer of the fuel, is expected to begin exports by FY26 as the country expects output to exceed local demand over the next two years when supplies from new coal mines enter the market, coal secretary Amrit Lal Meena said. : Mint
DB Power buys back stake from Global Infrastructure for ₹400 cr
New Delhi : Dainik Bhaskar Group’s DB Power Ltd has repurchased Global Infrastructure Partners’ (GIP) stake in its thermal power business for ₹400 crore, in a deal that has facilitated the investor’s exit, two people with knowledge of the deal said. : Mint
Adani Power stock to be put under short term additional surveillance measure framework (ASM) again
New Delhi : NSE and BSE will include Adani Power under the short-term additional surveillance measure (ASM) framework from today. Adani Power is shortlisted in short-term ASM framework Stage-I effective March 23, according to separate circulars available on the exchanges. : Mint
Make comprehensive plan to fully meet power demand apart from ad hoc arrangements: Par panel to Power Min
New Delhi : A Parliamentary panel has asked the government to make a comprehensive plan to fully meet peak power demand apart from ad hoc arrangements in view of the projected high electricity demand of 230 GW in April this year. : Economic Times
Assam has the second highest number of consumers aware of and using the smart meter app after Bihar
New Delhi : A Study of the Council on Energy, Environment and Water (CEEW) has found that Assam has the second highest number of consumers aware of and using the smart meter app after Bihar. : Economic Times
Global renewables capacity grew by record 10% last year: IRENA
New Delhi : Global renewable energy capacity grew by a record 9.6 per cent last year but needs to grow by three times the current rate to limit global warming, the International Renewable Energy Agency (IRENA) said on Tuesday. : Economic Times
India misses RE capacity target due to low solar rooftop, wind energy project installations: Parliamentary panel
New Delhi : A Parliamentary panel has attributed low installation of solar roof-top and wind energy projects as key reasons for the shortfall in achieving India’s renewable energy capacity target of 175 GW by 2022. India set an ambitious target of installing 175 GW of renewable energy capacity by the year 2022, which included 100 GW from solar, 60 GW from wind, 10 GW from bio-power and 5 GW from small hydro-power. : Economic Times
Japan’s JERA to buy Belgium’s top offshore wind company for $1.7 bln
New Delhi : Japan’s JERA, the country’s top utility, has agreed to buy Belgium-based Parkwind offshore wind energy producer for 1.55 billion euros ($1.7 billion), as JERA expands in renewable power to meet decarbonisation goals. : Economic Times
India’s Hydro Power Potential: Current Status and Challenges in Development
New Delhi : India’s Hydro Power Potential: Current Status and Challenges in Development. : psuconnect.in
Gujarat pips Maharashtra in power generation capacity: Report
Ahmedabad : The ‘Energy Statistics India’ report for year 2023 by the Ministry of Statistics and Programme Implementation (MOSPI) indicated that Gujarat ranks number one in India when it comes to installed electricity generation capacity. : Economic Times
TPREL Gets LOA for 200 MW Solar Project from MSEDCL
New Delhi : TPREL Gets LOA for 200 MW Solar Project from MSEDCL. : mercomindia.com
By 2025, Delhi govt aims to meet 25% of annual demand through solar power
New Delhi : The Delhi government’s solar policy, which will be notified next month, aims to meet 25 per cent of the city’s annual electricity demand through the clean energy by 2025, Delhi Finance Minister Kailash Gahlot announced on Wednesday. : Business Standard
Wind Energy Generation to Surge 4-5 Times on Policy Tailwinds: CRISIL Report
New Delhi : Wind Energy Generation to Surge 4-5 Times on Policy Tailwinds: CRISIL Report. : mercomindia.com
” New Delhi : The IndianOil Board has accorded ‘Stage-I’ approval for setting up Paradip Petrochemical Complex at Paradip, Odisha at an estimated cost of Rs 61,077 crore. This mega project will be largest-ever investment of IndianOil at a single location.” :
Sarkaritel.com
IOC to invest Rs 61,077 cr in petchem complex at Paradip
New Delhi : India’s top oil company IOC will invest Rs 61,077 crore in building a petrochemical complex at Paradip in Odisha – its largest ever investment at a single location – as it doubles down on its transition plan. In a statement, Indian Oil Corporation (IOC) said its board has given “Stage-1 approval for setting up Paradip petrochemical complex at Paradip, Odisha at an estimated cost of Rs 61,077 crore.” : Economic Times
HPCL plans to set up its third LPG cavern in Gujarat
New Delhi : State-run Hindustan Petroleum Corporation (HPCL) is planning to set up its third Liquefied Petroleum Gas (LPG) cavern or underground storage facility, in India. : Economic Times
IOCL approves largest ever investment for paradip Petrochemical Complex, aligning with PM Modi’s vision for Eastern India
New Delhi : IOCL approves largest ever investment for paradip Petrochemical Complex, aligning with PM Modi’s vision for Eastern India. : psuconnect.in
Prices for May ESPO Blend steady as Chinese refiners hold back
Moscow : PORE: Prices for May-loading ESPO Blend crude oil hold steady at the start of the new trading cycle as Chinese buyers wait to see how the market moves, three traders said on Wednesday. : Economic Times
Five firms make the PLI cut to manufacture hydrogen-powered vehicles
New Delhi : The government selected five companies — Ashok Leyland, Eicher Motors, Pinnacle Mobility, Tata Motors, and Booma Innovative – for manufacturing hydrogen fuel cell electric vehicles. : Business Standard
Essar engages mjunction for R-LNG bidding
New Delhi : Essar group through its gas trading arm Essar Exploration and Production India has independently engaged e-auction major mjunction for inviting bids for R-LNG (regassified liquefied natural gas) planned to be sourced at Dahej, Gujarat. : Economic Times
What are e-fuels, and can they help make cars CO2-free?
New Delhi : Germany has declared last-minute opposition to a landmark European Union law to end sales of CO2-emitting cars in 2035, demanding that sales be allowed of new cars with internal combustion engines after that date if they run on e-fuels. : Economic Times
Brent plunge fails to displace Russian crude for Asian buyers
Singapore : A plunge in Brent crude prices has narrowed the spread between Atlantic Basin and Middle East benchmarks but has failed to spur interest from Asian refiners, which are instead buying up discounted Russian oil, leaving an overhang in African supply. : Economic Times
Vartika Shukla: First female leader at India’s refinery builder plots big change
New Delhi : Eighteen months after becoming head of Engineers India Ltd, the state-owned firm that built most of the country’s oil refineries, Vartika Shukla says its transformation is gathering pace. : Economic Times
Oil slips after unexpected build in US crude stocks
Singapore : Oil fell in early Asian trade on Wednesday, paring two straight days of gains after an industry report showed US crude inventories rose unexpectedly last week in a sign fuel demand may be weakening. : Economic Times
Lower oil prices to aid OMCs’ marketing margin outlook
New Delhi : Softening crude oil prices after staying elevated for more than a year since the start of the Russia-Ukraine war in February 2022 bode well for domestic refiners as well as for the broader economy. : Mint
Women will emerge as game changers for oil and gas sector, says Gail India’s Ayush Gupta
New Delhi : I foresee great roles for women and great contributions from women in the workforce, not just through their technical knowledge or expertise, but also with respect to diversity of ideas and thought processes – which are likely to be game changer. : Economic Times
TotalEnergies’ bet on gas means no big emissions cut by 2030
New Delhi : French oil major TotalEnergies forecasts its overall greenhouse gas emissions will not see a big reduction by 2030 given it wants to grow its gas business, executives said in an update on its climate strategy on Tuesday. : Economic Times
Trafigura, Vitol might step up trade in Russian oil: CEOs
New Delhi : Global energy traders Trafigura and Vitol still help to export limited supplies of Russian refined products within the rules of international sanctions, but they are considering whether to resume more trade in Russia’s oil, their CEOs said on Tuesday. : Economic Times
Oil slips on demand fears, market awaits Fed decision
London : Oil prices edged lower on Wednesday following fresh indications of weak demand, and as the market awaited a crucial interest rate decision by the US Federal Reserve. : Economic Times
