30-Mar-2024
Power
NHPC inks pact with Japan Bank for International Cooperation for JPY 20 bn loan
New Delhi : NHPC inks pact with Japan Bank for International Cooperation for JPY 20 bn loan. : Economic Times
Coal India achieves 610.8-MT supply to power sector, tops annual target
New Delhi : Coal India achieves 610.8-MT supply to power sector, tops annual target. : Economic Times
BHEL awarded for Fair Practices 2023-24
New Delhi : Bharat Heavy Electricals Limited has been awarded the Council for Fair Business Practices’ ‘CFBP Jamnalal Bajaj Uchit Vyavhaar Puraskar for Fair Practices 2023-24’, in the ‘Manufacturing Enterprise – Large’ category. : psuconnect.in
Power sector experts hail collaboration between RIL & Adani Group for MP power project
New Delhi : Power sector experts on Friday hailed the collaboration between the Mukesh Ambani-led Reliance Industries Limited (RIL) and the Adani Group headed by Gautam Adani following RIL’s move to pick up 26 per cent stake in Adani Group’s power plant in Madhya Pradesh. : Sarkaritel.com
Ambani, Adani collaborate for first time: Reliance picks 26% stake in Adani Power Project
New Delhi : Ambani, Adani collaborate for first time: Reliance picks 26% stake in Adani Power Project. : Economic Times
AMPIN Energy receives 25-mn-euro funding from Development Bank of Austria
New Delhi : AMPIN Energy receives 25-mn-euro funding from Development Bank of Austria. : Economic Times
Smart meter installations could add Rs. 4.5 lakh cr cumulative revenue for discoms in 7 years: CareEdge
New Delhi : Smart meter installations could add Rs. 4.5 lakh cr cumulative revenue for discoms in 7 years: CareEdge. : Economic Times
RattanIndia Power closes 3 arms in Cyprus
New Delhi : RattanIndia Power closes 3 arms in Cyprus. : Economic Times
SKS Power resolution faces roadblock as HC orders CBI probe
New Delhi : Debt resolution of SKS Power Generation (Chhattisgarh), currently in administration, is likely to be stalled after the Allahabad High Court directed the Central Bureau of Investigation to probe charges of misappropriation and other financial irregularities against the company and its linked entities. : Economic Times
Adani Green Operationalises 1 GW Of Solar Projects At Khavda Within 24 Hours
New Delhi : Adani Green Operationalises 1 GW Of Solar Projects At Khavda Within 24 Hours. : saurenergy.com
On 2nd day in row, parts of south Mumbai plunge into darkness due to power failure
Mumbai : Pockets in south Mumbai plunged into darkness for a second consecutive day on late Friday evening following a snag, electricity officials said. : devdiscourse
IREDA Board approves Rs 24,200 cr borrowing for FY25
New Delhi : IREDA Board approves Rs 24,200 cr borrowing for FY25. : Economic Times
Adani Energy in talks with banks to borrow up to $600 million
New Delhi : Adani Energy in talks with banks to borrow up to $600 million. : Economic Times
Torrent Power gets letter of award to supply 150 MW renewable energy
New Delhi : Torrent Power gets letter of award to supply 150 MW renewable energy. : Economic Times
Tangedco flooded with rooftop solar applications
Chennai : Tangedco flooded with rooftop solar applications. : Economic Times
Luminous Power Technologies inaugurates solar panel manufacturing factory in Uttarakhand
New Delhi : Luminous Power Technologies inaugurates solar panel manufacturing factory in Uttarakhand. : Economic Times
Ambani-Adani strategic collaboration: Reliance to acquire 26% stake in 600MW Mahan Energen power unit for Rs 50 crore
New Delhi : Reliance Industries (RIL) and Adani Power have signed a 20-year power purchase agreement for 500 MW, marking a rare, strategic collaboration between conglomerates led by two of the country’s wealthiest men. : Economic Times
Govt restores ALMM list for solar module manufacturers
New Delhi : The government on Friday brought back the Approved List of Models and Manufacturers (ALMM) for solar module manufacturers, effective 1 April. : Mint
India renews agreement to export electricity to Nepal for next 3 months
New Delhi : At a time when Nepal is facing a power crisis, India on Friday renewed the agreement to export electricity to Nepal for the next three months. : Business Standard
Adani Green Energy begins operation of 775 MW solar projects in Gujarat
New Delhi : Adani Green Energy on Friday announced the beginning of the operation of its 775 megawatt solar power projects in Khavda, Gujarat. : psuwatch.com
ALMM To Rule Solar From April 1, 2024 in India
New Delhi : ALMM To Rule Solar From April 1, 2024 in India. : saurenergy.com
RVNL-Salasar JV gets Rs 60 crore transmission project in central Africa
New Delhi : A joint venture of state-owned RVNL and private steel player Salasar Techno Engineering has bagged a transmission project worth around Rs 60 crore in central African nation Rwanda. : Economic Times
ESAF SFB to focus on solar rooftop and electric vehicle financing
New Delhi : ESAF Small Finance Bank (SFB) is focusing on financing solar rooftop and electric vehicles as a part of its strategy to drive asset growth in the clean energy segment which was started by the lender about a year back, said Paul K Thomas, MD & CEO of ESAF SFB in an interaction. : Business Standard
IREDA approves borrowing program of Rs 24,200 cr for FY25
New Delhi : The Board of Directors of Indian Renewable Energy Development Agency Limited (IREDA) has approved the Borrowing program up to Rs 24,200 Crore for FY 2024-25. : psuconnect.in
Oil and Gas
IOCL’s board approves revised cost of Cauvery Basin Refinery project
New Delhi : Indian Oil Corporation’s (IOCL) Board has approved the revised cost of Cauvery Basin Refinery and Petrochemicals project (CBRPL) project from Rs 29,361 crore to Rs 33,023 crore. It also gave approval for a change in the capital structure of the (JV), with 75 percent for the oil major and 25 percent for Chennai Petroleum Corporation (CPCL). : proactiveinvestors
Novak: Russia will cut oil output in Q2 to catch up with other OPEC+ countries
New Delhi : Novak: Russia will cut oil output in Q2 to catch up with other OPEC+ countries. : Economic Times
More power and wider scope: Amended PNGRB Act, 2006 in the offing
New Delhi : The Petroleum and Natural Gas Regulatory Board (PNGRB) Act, 2006, is likely to be amended after the elections. If so, it is set to give the regulator (PNGRB) more clarity on how to deal with a barrage of litigations by city gas distributors (CGDs) against its orders to notify them as common carriers, officials told Business Standard. : Business Standard
Haryana Petrol Pump Strike: Petrol Pumps Across State to Remain Closed on March 30, 31: Know Why
New Delhi : Haryana Petrol Pump Strike: Petrol Pumps Across State to Remain Closed on March 30, 31: Know Why. : Jagran Josh
Petrol-Diesel Prices Today: Fuel prices remain unchanged; check latest rates in Delhi, Bengaluru, Mumbai, Chennai and Kolkata
New Delhi : Petrol-Diesel Prices Today: Oil marketing companies (OMCs) in India announce new prices of petrol and diesel every day. According to data, fuel prices remained unchanged on Friday, March 29. : Zeebiz
Chennai refinery expansion cost goes up over INR 3,600 crore
New Delhi : Chennai refinery expansion cost goes up over INR 3,600 crore. : Economic Times
EIL and HRRL achieved another critical milestone at Rajasthan Refinery project
New Delhi : Team Engineers India Limited, along with Team HRRL, achieved another critical milestone at the ‘Jewel of the Desert’, grassroot Rajasthan Refinery project with the Mechanical Completion of the Refinery Cooling Tower & Cooling Water Treatment Plant (CT-01). : psuconnect.in
Petroleum dealers association calls for 48-hour petrol pump bandh in Assam
New Delhi : To press for various demands, a 48-hour petrol pump bandh is called by Northeast India Petroleum dealers association (Greater Guwahati). : Economic Times
Petrol, Diesel Fresh Prices Announced On March 29: Know Fuel Rates In Your City
New Delhi : Petrol and Diesel Prices Today On March 29, 2024: Changes in the prices of petrol and diesel affect the pocket of the common man. Recently, the prices of petrol and diesel were revised by the government oil companies. : news18.com
Petrol Pumps to Remain Closed Across Northeast From March 30 to April 1
New Delhi : Petrol Pumps to Remain Closed Across Northeast From March 30 to April 1. : guwahatiplus.com
Bhopal may face shortage of petrol and diesel from April 1
Bhopal : There may be a shortage of petrol and diesel at the pumps in Bhopal city from April 1 as Reliance Depot, which supplies petrol and diesel to Indian Oil and Hindustan Petroleum have to follow the order of NGT and supply from bottom loading tankers instead of the existing top loading tankers from April 1. : Pioneer
