” New Delhi : In recognition of his stellar leadership in scaling up the operational business matters in the power sector value chain, path-breaking energy transition initiatives, remarkable achievement & contribution to the overall well-being of the economy, Vivek Kumar Dewangan, CMD, REC Limited, has been conferred with the prestigious “The Most Promising Business Leaders of Asia” award on 21st March at the 7th edition of the Economic Times Asian Business Leaders Conclave 2022-23, hosted by CTB-Taj Lands End, Mumbai.” :
Sarkaritel.com
” Mumbai : SAMARTH (National Mission on Use of Biomass in Thermal Power Plants) and NPTI jointly organised the National Conference on Biomass, themed “3P – Pellet to Power to Prosperity” at New Delhi.” :
Economic Times
CIL says making all efforts to supply higher quantities of coal to non-regulated sector
New Delhi : State-owned CIL on Friday said it is making all efforts to supply higher quantities of coal to the non-regulated sector (NRS) without affecting supplies to the power sector, through increased production. : Economic Times
NTPC Invites Bids for Power Evacuation Pkg-I Under Development of 755 MW Solar Park
New Delhi : NTPC Invites Bids for Power Evacuation Pkg-I Under Development of 755 MW Solar Park. : saurenergy.com
Asian Development Bank to provide Rs 754 crore loan to SAEL Industries
New Delhi : Asian Development Bank (ADB) will provide a loan up to Rs 754 crore to SAEL Industries Ltd for setting up of biomass power plants in Rajasthan. The lender and SAEL have entered into a loan agreement, according to a release on Friday. : Economic Times
India can become number one automobile manufacturer by using lithium reserve in J&K: Gadkari
New Delhi : Union road, transport and highway minister Nitin Gadkari on Friday said that if India can use recently discovered reserve of lithium in Jammu and Kashmir, it will become number one automobile manufacturing country in the world. : Economic Times
PM Narendra Modi to inaugurate two new solar power plants for Jal-Kal, Konia SPS
Varanasi : Apart from supplying potable water to city localities and lifting city’s sewerage, the Jal-Kal’s Bhelupur campus and Konia sewage pumping station (SPS) will soon start generating power through the newly-installed solar power plants, to be inaugurated by Prime Minister Narendra Modi during his one-day visit to the city on Friday. : Economic Times
SWELECT Energy’s unit in Coimbatore goes on stream
Coimbatore : SWELECT Energy Systems Ltd, formerly Numeric Power Systems, engaged in production of solar photo-voltaic module has launched its solar module manufacturing unit in Tamil Nadu, the company said on Friday. : Economic Times
Water cess levied on hydro power project doesn’t violate any law, Himachal chief minister
Shimla : Water cess levied by the Himachal Pradesh government on hydro power generation projects does not violate any law, state chief minister Sukhvinder Singh Sukhu said on Thursday. : Economic Times
Study reveals how photosynthesis lead to new ways of generating renewable energy
New Delhi : The natural mechanism of photosynthesis, which powers the majority of life on Earth, has been disclosed by researchers, and they have discovered new strategies for obtaining energy from it. New techniques for creating clean fuel and renewable energy may result from this research. : Economic Times
New ALMM Guidelines for Solar Modules Under Co-branded Agreement
New Delhi : New ALMM Guidelines for Solar Modules Under Co-branded Agreement. : saurenergy.com
CMD, CSL inaugurated state -of-the-art energy efficient static frequency converter
New Delhi : CMD, CSL inaugurated state -of-the-art energy efficient static frequency converter. : psuconnect.in
Adani Total Gas, Adani Transmission to move to long term ASM Stage-1 framework
New Delhi : Leading bourses NSE and BSE on Friday said Adani Total Gas and Adani Transmission will move to the first stage of the long term additional surveillance measure framework from March 27. : Mint
Power Min RK Singh to inaugurate National Conference on Biomass on Friday
New Delhi : Minister of Power, New and Renewable Energy RK Singh will on Friday inaugurate a conference on co-firing of biomass pellets in thermal power plants in India, according to an official statement. : Economic Times
Electricity regulatory commission allows 24% hike in power tariff in Bihar
Patna : In a major jolt to around 1.79 crore power consumers in the state, Bihar Electricity Regulatory Commission (BERC) has allowed 24.1% hike in power tariff (electricity charges). : Economic Times
Ahmednagar to soon have its first solar agri-feeder
Nashik : The problem of irregular agriculture power supply to farmers in Ahmednagar district may be solved soon. The government has acquired 5.45 hectares to set up the district’s first solar agriculture-feeder plant. : Economic Times
EU leaders agree to fast-tracked deal on power reforms
New Delhi : European Union country leaders agreed on Thursday to fast-track reforms to the bloc’s electricity market meant to tame severe price spikes such as those experienced last year after Russia cut gas supplies to Europe. : Economic Times
Rithwik Projects to build 382 MW Sunni Dam Hydro Project of SJVN
New Delhi : Rithwik Projects will build 382 MW Sunni Dam hydro power project for Rs 1,098 crore for state-run SJVN Ltd. SJVN on Thursday signed the Contract Agreement for engineering, procurement and construction of civil and hydro-mechanical works of 382 MW Sunni Dam Hydro Electric Project, a SJVN statement said. : Economic Times
Earth Hour: BRPL, BYPL urge 48L consumers to ‘switch-off’ lights on Mar 25
New Delhi : Owing to Earth Hour on March 25 from 8.30 p.m. to 9.30 p.m., the power discoms — BSES Rajdhani Power Limited (BRPL) and BSES Yamuna Power Limited (BYPL) — have urged its consumers to switch off their electrical appliances and non-essential lighting fixtures on Saturday. : Economic Times
Adani Power sells 100 pc equity in Support Properties to AdaniConnex for 1,556 crore
New Delhi : Adani Power on Thursday said it has sold a 100 per cent stake in Support Properties Private Ltd (SPPL) to AdaniConnex Private Ltd (ACX) at an enterprise value of Rs 1,556.5 crore. : Economic Times
Sanchi in MP will be the world’s first Net Zero city: Sanjay Dubey, Principal Secretary, Energy
New Delhi : The Madhya Pradesh government is actively working on a plan to develop Sanchi as the world’s first Net Zero city. It is a small town in Raisen district known for its religious and historic significance. : Economic Times
Aether Industries to set up new units in Gujarat with investment of Rs 1,000 cr
New Delhi : Specialty chemicals company Aether Industries on Thursday said it has signed an initial pact with the Gujarat government to set up new manufacturing plants at its Panoli Site with an investment of around Rs 1,000 crore. : Economic Times
Electricity rates go up in Bihar, state board raises fixed charges. Details here
Patna : Bihar residents are going to see a big jump in their electricity bills as the state’s board has decided to increase the rates. : Mint
Power & Heavy Industries Minister for State Inaugurates SAMARTH and NPTI’s National Conference on Biomass
New Delhi : Power & Heavy Industries Minister for State Inaugurates SAMARTH and NPTI’s National Conference on Biomass. : psuconnect.in
Clean Energy initiative: Government sanctions eight solar parks with combined capacity of 4995 MW in Bundelkhand
New Delhi : Clean Energy initiative: Government sanctions eight solar parks with combined capacity of 4995 MW in Bundelkhand. : psuconnect.in
India Sets Sights on Green Shipbuilding Goals with Green Tug Transition Programme
New Delhi : India Sets Sights on Green Shipbuilding Goals with Green Tug Transition Programme. : saurenergy.com
Intra-State Sections of Evacuation Infrastructure for Renewables Delayed
New Delhi : The Ministry of New and Renewable Energy (MNRE) told the Parliamentary Standing Committee on Energy that the intra-state stretches of the Green Energy Corridor (GEC) have been delayed due to various reasons, including right-of-way issues, court cases, forest clearances, delayed tenders due to non-availability of land for substations. : mercomindia.com
In Bengaluru, a 100 kW Solar System Can Save C&I Entities ₹1 Million Annually
Bengaluru : Mercom India successfully concluded the C&I Clean Energy Meet 2023 in Bengaluru, where stakeholders in the solar sector and commercial and industrial entities converged to enthusiastically discuss the benefits of renewable energy and practical solutions to reduce power costs. : mercomindia.com
Odisha to Set Up Rooftop Solar on College Campuses
New Delhi : Odisha to Set Up Rooftop Solar on College Campuses. : saurenergy.com
SJVN signs EPC Contract agreement for 382MW Sunni Dam Hydro Project
New Delhi : SJVN signs EPC Contract agreement for 382MW Sunni Dam Hydro Project. : psuconnect.in
Opinion: India’s coal + renewables mix makes for messy energy transition
New Delhi : India has emerged as a renewable energy star after boosting solar capacity by a whopping 28 per cent in 2022, rivalling China’s growth rate and outpacing European heavyweights which deployed record funding on energy transition efforts last year. : Economic Times
Power Ministry’s Planning Led to Highest-Ever Budgetary Allocation: Committee
New Delhi : Allocation in the Union Budget 2023 to the Ministry of Power has increased 29% to over ₹160 billion (~$2 billion), the highest ever for the ministry, the parliamentary Standing Committee on Energy noted. : mercomindia.com
Enough coal supply to meet power demand this summer
New Delhi : The coal sector is prepared to meet the anticipated record power demand in the summer months as coal production is set to surpass consumption growth for electricity, said coal secretary Amrit Lal Meena in an interview. : Mint
” Mumbai : There are big opportunities for north-east India to position itself as a dominant player in the renewables space. Stakeholders in the energy eco-system in north-east voiced this opinion during the 3rd edition of ONGC Tripura Power Company (OTPC) Annual Thought Leadership Conclave, Milaap on 23rd March 2023. The theme of Conclave was “Energy Transition and New Energy Markets”.” :
Sarkaritel.com
Former Gazprom unit to resume GAIL LNG supply: Union minister Rameswar Teli
New Delhi : Former unit of Russia’s Gazprom is resuming liquefied natural gas (LNG) supply to GAIL after suspending it last year, Rameswar Teli, minister of state, petroleum & natural gas, has said. : Economic Times
Indraprastha Gas declares second interim dividend for its investors
New Delhi : Indraprastha Gas Limited on Thursday declared the second interim dividend of Rs 10 per share for its investors for the financial year 2022-23. : Economic Times
Venezuela’s commercial oil exports nearly halted as reviews expand
Houston : Expanded oil export contract reviews at Venezuela’s state-run PDVSA have nearly halted all commercial crude and fuel releases, as officials seek to match past invoices with payments, according to documents and people familiar with the matter. : Economic Times
Russia hopes to sign major pipeline deal with China this year
Moscow : A Russian deputy prime minister said Thursday he hoped Moscow and Beijing would sign a contract to build the massive Power of Siberia 2 gas pipeline by the end of the year. : Economic Times
Oil falls as US holds off refilling strategic reserve
New Delhi : Oil prices extended losses on Friday on worries about a potential oversupply after US Energy Secretary Jennifer Granholm said refilling the country’s Strategic Petroleum Reserve (SPR) may take several years. : Economic Times
India set to surpass China in need for oil as growth paths diverge
New Delhi : A change is on the horizon for oil demand, with India set to eclipse China as the most important driver of global growth — and potentially the last, as the world shifts to a greener future. : Economic Times
Windfall Tax: Vedanta deducts $91 mn from govt’s profit to make up for tax paid, says report
New Delhi : In signs of protests against the 9-month-old windfall tax, mining mogul Anil Agarwal’s Vedanta Ltd has withheld about USD 91 million from the share of profit due to government from its oil and gas fields, to make up for the additional tax outgo, according to sources and correspondence on the issue. : Mint
Petrol, diesel prices remain unchanged for 305th day in Chennai
Chennai : In Chennai, the price of a litre of petrol and diesel has been constant over the last 304 days at Rs.102.63 and Rs. 94.24 respectively. For the 305th consecutive day, petrol and diesel prices still remain unchanged. : dtnext.in
Cabinet approves targeted subsidy to Pradhan Mantri Ujjwala Yojana Consumers
New Delhi : The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, hasapproved a subsidy of Rs.200 per 14.2 kg cylinder for up to 12 refills per year to be provided to the beneficiaries of Pradhan Mantri Ujjwala Yojana(PMUY). As on 1st March 2023 there are 9.59 crore PMUY beneficiaries. : Sarkaritel.com
Friendship pipeline reaffirms golden run of India-Bangladesh ties since 1971
New Delhi : The inauguration of the India-Bangladesh Friendship Pipeline by Prime Minister Narendra Modi and Prime Minister Sheikh Hasina on Saturday was yet another sign of the close links the two countries have maintained since Bangladesh’s War of Liberation in 1971. : Economic Times
Windfall Tax: Vedanta deducts USD 91 million from govt’s profit to make up for tax paid
New Delhi : In signs of protests against the 9-month-old windfall tax, mining mogul Anil Agarwal’s Vedanta Ltd has withheld about USD 91 million from the share of profit due to government from its oil and gas fields, to make up for the additional tax outgo, according to sources and correspondence on the issue. : Economic Times
Government extends deadline for eighth oil and gas exploration licensing round amidst investor demands
New Delhi : The government has once again extended the deadline for accepting bids in the eighth oil and gas exploration licensing round, to May 16, the Directorate General of Hydrocarbons (DGH) said on its website. : Economic Times
Domestic natural gas consumption up 6.7 per cent YoY in February
New Delhi : Domestic natural gas consumption rose 6.7 per cent year-on-year in February as falling international prices helped boost imports. : Economic Times
Govt extends ₹200 subsidy on LPG cylinder under Ujjwala scheme by 1 year
New Delhi : The government on Friday extended the ₹200 per LPG cylinder subsidy under the Pradhan Mantri Ujjwala Yojana (PMUY) by one year in the wake of high prices of petroleum products in the international market. : Mint
Adani Total Gas, Adani Transmission to move to long term ASM Stage-1 framework
New Delhi : Leading bourses NSE and BSE on Friday said Adani Total Gas and Adani Transmission will move to the first stage of the long term additional surveillance measure framework from March 27. : Mint
Big Oil Eyes New Deals in North Africa Amid Rising Energy Demand
New Delhi : After years of underinvestment in North Africa’s energy infrastructure, global oil-and-gas giants from Halliburton Co. and Chevron Corp. to Eni SpA are ramping up their presence in the region as demand from Europe grows. : Wall Street Journal
Petrol and diesel prices on March 24: What are the rates in your city?
New Delhi : Petrol and diesel prices remained steady on Friday across India as per the notification by fuel companies, continuing the eight-month trend of price stability. Petrol and diesel in the national capital Delhi cost ₹96.72 per litre and ₹89.62 a litre, respectively. : Hindustan Times
Back Good news for Ujjwala Yojana beneficiaries! Govt announces subsidy
New Delhi : Providing a big relief to the beneficiaries of the Pradhan Mantri Ujjwala Yojana (PMUY) scheme, the Central government has announced a subsidy on domestic LPG gas cylinders. In the government-led scheme, the beneficiaries will now get cooking gas at cheaper rates. : Mint
