” New Delhi : NTPC Limited has signed a tripartite agreement for deployment of medical equipment, Investment Development Authority of Nagaland (IDAN) and Deptt. of Health and Family Welfare, Govt of Nagaland for providing Critical Diagnostic and other equipment in Distt. hospital of Tuensang, Nagaland under NTPC CSR scheme at a cost of Rs. 80.94 lakhs.” :
Sarkaritel.com
NTPC signs agreement with Govt. of Nagaland under CSR Scheme
New Delhi : NTPC signs agreement with Govt. of Nagaland under CSR Scheme. : psuconnect.in
Japan Bank Loans ¥2.6 Billion to PFC for Emissions Reduction Projects
New Delhi : Power Finance Corporation (PFC) has inked a project loan agreement with the Japan Bank for International Corporation (JBIC) for a ¥2.6 billion (~$20.2 million) facility. : mercomindia.com
DVC felicitated with Best Performing Central Public Sector Entity Award
New Delhi : DVC felicitated with Best Performing Central Public Sector Entity Award. : psuconnect.in
NTPC Coal Mines Holds 3rd Tripatite Safety Committee Meeting
New Delhi : NTPC Coal Mines Holds 3rd Tripatite Safety Committee Meeting. : psuconnect.in
Sunnier days help solar projects improve their performance this fiscal, says report
Mumbai : Longer sunnier days have ensured that the performance of solar power farms improved to 75 per cent in the current fiscal from 59 per cent in the year-ago period, according to a report. : Economic Times
Record new wind capacity to be installed by 2027: industry report
London : A record 680 gigawatts (GW) of wind energy capacity is expected to be installed by 2027 but policymakers need to ensure supply chain bottlenecks do not slow growth to avoid missing climate targets, according to an industry report released on Monday. : Economic Times
‘Open policy’ to bring privavte money into Himachal Pradesh’s hydro power projects
Shimla : The Himachal Pradesh government will bring an open policy to attract private investment in hydroelectricity production in order to complete 1,000-megawatt projects in the year 2023-24 and move towards being a green energy state. : Economic Times
BIMSTEC nears completion of Free Trade Agreement, says secretary general
New Delhi : Free Trade Agreement (FTA) among the BIMSTEC countries is at the final stage of formulation with trade being the core agenda when BIMSTEC was established, Bay of Bengal Initiative for Multi-sectoral Technical and Economic Cooperation (BIMSTEC) secretary general Tenzin Lekphell said in Kolkata. : Economic Times
Losses suffered by J-K on power purchases exceed more than Rs 3,500 cr annually: Chief secretary
Jammu : Jammu and Kashmir Chief Secretary Arun Kumar Mehta on Sunday said losses suffered by the Union Territory on power purchases exceed more than Rs 3,500 crore annually with liabilities piling up each passing year. : Economic Times
Relief for consumers as no hike in power tariff in Andhra Pradesh
Vijaywada : There will be no hike in tariff of any category of electricity consumers for the year 2023-24. The state government has agreed to bridge the total revenue gap of Rs 10135.22 crore for 2023-24 as a subsidy. : Economic Times
Electricity bill likely to rise by Rs 150 to Rs 600 from April
Jaipur : A power tariff in the state is expected to increase as the state agencies are once again set to impose fuel surcharge due to purchase of coal at high prices. The consumer will have to pay an additional amount of 31 paise per unit in the bill issued in April. : Economic Times
Free power scheme: Kejriwal govt smells conspiracy, orders audit of discoms
New Delhi : Delhi Power Minister Atishi on Monday alleged that a “conspiracy” is being hatched to stop the free electricity scheme in the national capital and said Chief Minister Arvind Kejriwal has ordered an audit of all power discoms to “uncover the truth”. : Economic Times
India to cut gas prices from April 1, report says
New Delhi : India’s cabinet is set to adopt a gas panel report this week, which has recommended capping the price for most local gas at $6.50 per million British thermal units (mmBtu) in April, two sources said on Monday. : Mint
Sunnier days help solar projects improve their performance in FY23: Report
New Delhi : Longer sunnier days have ensured that the performance of solar power farms improved to 75 per cent in the current fiscal from 59 per cent in the year-ago period, according to a report. : Business Standard
CREST (Chandigarh) Invites Applications for Free Rooftop Solar Power Unit
New Delhi : CREST (Chandigarh) Invites Applications for Free Rooftop Solar Power Unit. : saurenergy.com
Kejriwal govt orders audit of subsidy to power discoms to check for discrepancies: Minister Atishi
New Delhi : Delhi power minister Atishi on Monday said Chief Minister Arvind Kejriwal has ordered an audit of the subsidy being given to discoms to ascertain if there are any discrepancies. : Economic Times
Sunlit Power announces partnership with RDL Technologies
New Delhi : Sunlit Power, maker and distributor of ARENQ brand of batteries, on Monday announced a five-year partnership with RDL Technologies in the battery management system space. Under the collaboration, the IoT products and software solutions provider RDL Technology will develop touchscreen displays, data loggers, vehicle navigation, and monitoring systems for Sunlit Power, according to a statement. : Economic Times
Power ministry seeks comments on draft carbon credit trading scheme
New Delhi : The power ministry on Monday issued a draft ‘Carbon Credit Trading Scheme’ with an aim to set up a framework for Indian carbon market and sought feedback from stakeholders. : Economic Times
Relief for consumers as no hike in power tariff in Andhra Pradesh
Vijaywada : There will be no hike in tariff of any category of electricity consumers for the year 2023-24. The state government has agreed to bridge the total revenue gap of Rs 10135.22 crore for 2023-24 as a subsidy. : Economic Times
Photosynthesis ‘Hack’ Could Lead to New Ways of Generating Renewable Energy
New Delhi : A group of researchers at the University of Cambridge successfully manipulated the initial steps of photosynthesis and uncovered a novel approach to harnessing its energy. : mercomindia.com
Solar Projects Can Generate Significant Cumulative Cash Flow for C&I Entities
New Delhi : Mercom India recently organized the C&I Clean Energy Meet 2023 in Bengaluru, which hosted industry experts who provided insights on the lending options available to consumers interested in financing their clean energy endeavors and the key considerations businesses must consider when seeking financing for their solar projects. : mercomindia.com
Goswami Electricals & Construction Emerges Lowest Bidder for WBSEDCL 10 MW Tender
New Delhi : Goswami Electricals & Construction Emerges Lowest Bidder for WBSEDCL 10 MW Tender. : saurenergy.com
LG office, Delhi govt spar over alleged subsidy to DISCOMS
New Delhi : Having been caught red handed in the act of benefiting and providing undue financial favours to private DISCOMS, in the name of poor people, the AAP government and its functionaries are making baseless, false and misleading statements, an LG office source alleged on Saturday. : Economic Times
Adani Group, Reliance Industries pull out of race to acquire SKS Power Generation
New Delhi : Adani Group and Reliance Industries have not submitted revised bids for SKS Power Generation (Chhattisgarh), making it a five-way contest for the 600 MW thermal power project, people familiar with the process said. : Economic Times
Indian demand for Urals crude keeps Russia’s exports up
New Delhi : India was the biggest buyer of seaborne Urals oil in March and the country’s demand for the grade means Russia has to maintain high exports, two traders said and Refinitiv Eikon data showed on Monday. : Economic Times
Adani Green Energy put under second stage of longterm ASM framework from today
New Delhi : After moving two Adani firms to Stage 1 of additional surveillance measure(ASM), the NSE and BSE will move Adani enterprises’ energy production arm, Adani Green Energy under the second stage of the long-term ASM framework from Tuesday. : Mint
Shree Cement to procure cow dung for green energy in Chhattisgarh
New Delhi : Shree Cement, one of the country’s top cement manufacturers, is set to procure cow dung from Chhattisgarh to use it as an additional fuel resource and promote green energy. : Business Standard
Coal Ministry to Sign Agreements for Mines Auctioned During 6th Round of Commercial Auctions
New Delhi : Coal Ministry to Sign Agreements for Mines Auctioned During 6th Round of Commercial Auctions. : psuconnect.in
Gautam Solar’s Solar Modules that Promise Lower Installation Cost for Developers & EPC
New Delhi : Gautam Solar’s Solar Modules that Promise Lower Installation Cost for Developers & EPC. : saurenergy.com
IOC Chairman Presents 500 Solar-Powered Indoor Cooking Systems to Sri Lanka
New Delhi : IOC Chairman Presents 500 Solar-Powered Indoor Cooking Systems to Sri Lanka. : saurenergy.com
Daily News Wrap-Up: ALMM Guidelines for Co-Branded Solar Modules Modified
New Delhi : The Ministry of New and Renewable Energy has modified the Approved List of Models and Manufacturers (ALMM) guidelines and provided exceptions to broaden the qualification criteria for modules produced under agreements between an Original Equipment Manufacturer and a brand owner. : mercomindia.com
Transmission Utility POWERGRID to Raise ₹6 Billion Through Bonds
New Delhi : The Power Grid Corporation of India (POWERGRID) said it would raise unsecured, non-convertible, non-cumulative, redeemable, and taxable bonds worth ₹6 billion (~$72.86 million) through private placement. : mercomindia.com
Madhya Pradesh Invites Bids for the Purchase of 97,000 RECs
New Delhi : Madhya Pradesh Industrial Development Corporation (MPIDC), Indore, has invited bids for the purchase of 97,000 renewable energy certificates (RECs) through power exchange or bilateral trade for the power project in the special economic zone (SEZ) of Pithampur in the Dhar district of Madhya Pradesh. : mercomindia.com
Indian Oil, BPCL exceed their capex targets this year
New Delhi : Indian Oil Corp and Bharat Petroleum (BPCL) have exceeded their capital expenditure targets for the current financial year. : Economic Times
BPCL’s commitment to promoting female talent shines in ‘Women’s Rally ot the Valley’ Partnership with WIAA
New Delhi : BPCL’s commitment to promoting female talent shines in ‘Women’s Rally ot the Valley’ Partnership with WIAA. : psuconnect.in
ONGC’s biodiversity conservation projects bagged ‘Green Ribbon Champion’ award
New Delhi : ONGC’s biodiversity conservation projects bagged ‘Green Ribbon Champion’ award. : psuconnect.in
IOC Chairman Presents 500 Solar-Powered Indoor Cooking Systems to Sri Lanka
New Delhi : IOC Chairman Presents 500 Solar-Powered Indoor Cooking Systems to Sri Lanka. : saurenergy.com
Oil gains some ground as investors assess banking crisis, Russia
New Delhi : Oil prices rose on Monday as investors assessed efforts by authorities to rein in worries about the global banking system, while Russian President Vladimir Putin’s plans to place tactical nuclear weapons in Belarus ratcheted up tensions in Europe. : Economic Times
Perenco UK says oil leak occurred at well site in Southern England
New Delhi : Anglo-French oil company Perenco’s UK unit said on Sunday that a limited oil leak occurred at one of its well sites in Wytch Farm in Dorset, southern England. : Economic Times
India considers strategic LNG reserve to avoid future shortages
New Delhi : India is considering building a strategic reserve of liquefied natural gas to guard against future price spikes or supply shortages after last year’s energy crisis, according to a senior executive at the nation’s top importer. : Economic Times
PTT Oil and Retail to spend USD 900 mn on expansion this year
New Delhi : Thailand’s oil and gas retailer, PTT Oil and Retail Business Pcl on Monday said it plans to invest USD 900 million this year to expand its local and overseas business. : Economic Times
Global oil prices climb in relief rally as banking concerns ease
Singapore : Oil prices climbed in early trade on Monday as concerns over turmoil in the banking sector eased, while comments by Russian President Vladimir Putin over the weekend ratcheted up geopolitical tensions in Europe. : Economic Times
Greenhouse gas methane cools our planet even as it heats: Study
New Delhi : Methane — a potent greenhouse gas — traps a great deal of heat in Earth’s atmosphere, but also creates cooling clouds that offset 30 per cent of the heat, a “surprising” new study has found. : Economic Times
Saudi Aramco to ramp up Jizan fuel output, sources say
Singapore : Saudi Aramco’s Jizan refinery is set to increase output of ultra-low sulphur diesel (ULSD) and reduce exports of vacuum gasoil (VGO) as it ramps up production in the second quarter, industry sources said. : Economic Times
Iraqi Kurdistan region’s oil output at risk after Turkey halts pipeline exports
New Delhi : Oil production in Iraq’s semi-autonomous Kurdistan region (KRI) is at risk after a halt in northern exports has forced firms operating there to divert crude to storage, where capacity is limited. : Economic Times
Oil markets steady as investors weigh banking crisis, Russia
New Delhi : Oil prices stabilised in Asian trade on Monday as investors sought cues from broader financial markets, while comments by Russian President Vladimir Putin over the weekend ratcheted up geopolitical tensions in Europe. : Economic Times
Iraq’s ambition to match Saudi oil output is out of reach
London : Iraq’s oil output and capacity may peak following growth of around 25% over the next five years, analysts said, falling short of 2027 targets and ending a long-standing ambition to rival the output of top OPEC producer Saudi Arabia. : Economic Times
Russia may demand compensation over Nord Stream pipeline explosions: diplomat
New Delhi : Moscow may seek compensation over damage from last year’s explosions on the Nord Stream gas pipelines, news agency RIA Novosti reported on Monday, citing a Russian diplomat, who also said that the future of the projects was unknown. : Economic Times
Russia may have found buyers for its oil but aging tankers pose a new risk
New Delhi : The 26-year-old vessel hasn’t had a full inspection since 2017, according to a database dedicated to promoting safe shipping. It also lacks industry standard insurance and sails under the flag of country with a poor standing for the oversight of maritime safety. : Economic Times
Opinion: Australia’s gas sector says more supply is the answer. Probably not
Launceston, Australia : The Australian natural gas sector believes it has the solution to warnings of a shortfall in domestic supplies in coming years. Produce more. : Economic Times
India to cut gas prices from April 1 after review panel report: Sources
New Delhi : India’s cabinet is set to adopt a gas panel report this week, which has recommended capping the price for most local gas at $6.50 per million British thermal units (mmBtu) in April, two sources said on Monday. : Business Standard
Gas, makes for a solid climate future
New Delhi : With a growing population of 1.3 billion and rapid urbanisation, India is the third-largest consumer of energy. Currently, 80% of the India’s energy needs are met by coal, oil and solid biomass. Coal largely dominates and accounts for 56% of the total energy mix, maintaining its strong position in power generation and being a fuel of choice for many industries such as iron and steel. : Economic Times
Saudi Aramco plans $10 billion China oil refinery complex for 2026
New Delhi : Saudi Aramco and its Chinese partners aim to start full operations at a refinery and petrochemical project in northeast China in 2026 to meet the country’s growing demand for fuel and petrochemicals, the state-owned major said on Sunday. : Economic Times
Nagaland CM calls for oil exploration in inter-state border areas in Budget
New Delhi : Nagaland Chief Minister Neiphiu Rio on Monday presented a Rs 23,183-crore budget for the 2023-24 fiscal, and called for oil exploration along the disputed border with Assam, besides allowing liquor sales in star category hotels. : Business Standard
