08-May-2024
Power
” New Delhi : NTPC Kanti is proud to announce that it has been honoured with the prestigious Gold Award in CSR Excellence by APEX India. The award was presented to Sanjay Jaiswal, Senior Manager (HR) on behalf of NTPC Kanti at an event held in Delhi on May 4, 2024.” : Sarkaritel.com
Greenko Energies gets CCI nod to acquire additional stake in Sikkim Urja
New Delhi : The Competition Commission of India (CCI) on Tuesday said it has cleared Greenko Energies’ proposed acquisition of an additional stake in Sikkim Urja (formerly Teesta Urja Ltd). : psuwatch.com
NTPC Kanti Receives Gold Award In CSR Excellence From APEX India
New Delhi : NTPC Kanti is proud to announce that it has been honoured with the prestigious Gold Award in CSR Excellence by APEX India. The award was presented to Shri Sanjay Jaiswal, Senior Manager (HR) on behalf of NTPC Kanti at an event held in Delhi on May 4, 2024. : indianpsu.com
Coal India’s revenue amount for govt rises 6.4% to Rs 60,140 cr in FY24
New Delhi : Coal India Ltd, a state-owned company, has contributed Rs 60,140.31 crore to the government exchequer in the financial year 2023-24. : psuconnect.in
RUVITL seeks expansion with 3,200 MW coal and 8,000 MW solar power projects
New Delhi : RUVITL seeks expansion with 3,200 MW coal and 8,000 MW solar power projects. : Economic Times
responsAbility to Invest up to $35 mn in AMPIN Energy Transition
New Delhi : responsAbility to Invest up to $35 mn in AMPIN Energy Transition. : Economic Times
Clean energy technology investment tops $200 billion globally in 2023: IEA
New Delhi : Clean energy technology investment tops $200 billion globally in 2023: IEA. : Economic Times
Sunkind Energy gets 10 MW rooftop solar projects in four states
New Delhi : Sunkind Energy gets 10 MW rooftop solar projects in four states. : Economic Times
Roads and power dominate as construction tender volume surges by 96% in Q4 FY24; orders awarded decline by 30%: Ind-Ra
New Delhi : Roads and power dominate as construction tender volume surges by 96% in Q4 FY24; orders awarded decline by 30%: Ind-Ra. : Economic Times
Designing the best-performing hybrid renewable energy system for off-grid, rural communities in India
New Delhi : A new study evaluates seven different configurations of hybrid renewable energy systems to meet the electricity requirements of an off-grid village community in the Jaisalmer district of Rajasthan, cost-effectively and sustainably. : pv-magazine.com
Juniper Green inks pact with SJVN to supply 320 MW renewable energy
New Delhi : Juniper Green Energy on Tuesday said it has inked a power purchase agreement (PPA) with state-owned SJVN Ltd to supply round-the-clock 320 MW renewable energy. : psuwatch.com
Sri Lanka Inks 20-Year Wind Power Deal With Adani Green Energy
New Delhi : Sri Lanka Inks 20-Year Wind Power Deal With Adani Green Energy. : saurenergy.com
Sunkind Energy Secures 10 MW Solar Projects In Northern India
New Delhi : Sunkind Energy Secures 10 MW Solar Projects In Northern India. : saurenergy.com
Sri Lanka inks 20-year power purchase deal with India’s Adani Green
New Delhi : Sri Lanka inks 20-year power purchase deal with India’s Adani Green. : Economic Times
Renewable energy a key focus in strengthening India-Ghana trade relations
New Delhi : Renewable energy a key focus in strengthening India-Ghana trade relations. : Economic Times
Waaree Energies appoints Amit Paithankar as CEO
New Delhi : Waaree Energies appoints Amit Paithankar as CEO. : Economic Times
Juniper Green signs PPA to set up 1 GW renewable energy capacity
New Delhi : Juniper Green signs PPA to set up 1 GW renewable energy capacity. : Economic Times
Norms eased to draw in more suppliers for power equipment
New Delhi : India’s apex planning and advisory body for the power sector has eased a key condition for power equipment supplies for public sector projects, a move that is expected to let utilities to issue tenders allowing larger private vendor participation, people familiar with the development said. : Economic Times
JSW Energy FY 2024 profit up 17% to INR 1,723 crore
New Delhi : JSW Energy, a private-sector power producer in India and part of the $23 billion JSW Group, today announced its financial results for the quarter and the fiscal year ended March 31, 2024. : pv-magazine.com
Global solar manufacturing sector now at 50% utilization rate, says IEA
New Delhi : The International Energy Agency (IEA) says that global solar cell and module manufacturing capacity grew by around 550 GW in 2023. It reports that around 80% of the global PV manufacturing industry is currently concentrated in China, while India and the United States each hold a 5% share. : pv-magazine.com
Juniper, SJVN Ink PPA To Setup 1GW RE Projects Across Two States
New Delhi : Juniper, SJVN Ink PPA To Setup 1GW RE Projects Across Two States. : saurenergy.com
KSK Mahanadi to NCLT: Change of circumstances calls for fresh bidding
New Delhi : KSK Mahanadi Power Company through its Resolution Professional’s (RP) counsel informed NCLT, Hyderabad, on Monday, that a change of circumstances warrants a fresh invitation of bids under the corporate insolvency resolution process (CIRP) for KSK Mahanadi Power, which was admitted into insolvency in October 2019. : Economic Times
JSW Energy Q4 results: PAT rises 29%, Rs 2 per share dividend declared
New Delhi : Private power producer JSW Energy on Tuesday reported a 29 per cent rise in profit after tax (PAT) attributable to the owners of the company for the quarter ended March 31, 2024 owing to lower tax expenses. : Business Standard
Sunkind Energy secures 10 MW of rooftop solar projects
New Delhi : Sunkind Energy, a solar EPC solutions provider, has secured five solar rooftop projects with a combined capacity of 10 MW in states like Punjab, Haryana, Rajasthan and Chhattisgarh. : pv-magazine.com
Sri Lanka enters into 20-yr-long PPA with Adani Green Energy for 2 wind power projects
New Delhi : Sri Lanka has entered into a 20-year-long Power Purchase Agreement (PPA) with Adani Green Energy for two wind power projects developed by the company, a statement issued by the Sri Lankan Cabinet on Tuesday said. : psuwatch.com
Oil and Gas
IGL posts 9% rise in net profit at Rs 433 crore for Jan-March quarter
New Delhi : Indraprastha Gas Ltd (IGL) on Tuesday reported a 9 per cent rise in consolidated net profit at Rs 433.29 crore for the January-March quarter of the 2023-24 fiscal, compared to the corresponding figures of Rs 397.51 crore reported in the same period of the previous fiscal. : Sarkaritel.com
Reliance renews bid for US license to import Venezuelan oil: Sources
New Delhi : Reliance renews bid for US license to import Venezuelan oil: Sources. : Economic Times
BPCL, HPCL to consider bonus share issue this week
New Delhi : Oil refining and fuel marketing companies Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) will this week consider issuing bonus shares to their shareholders. : psuwatch.com
IGL Q4 net profit rises by 16% to Rs 382.80 crore
New Delhi : Indraprastha Gas Limited (IGL), India’s largest CNG retailer, on Tuesday reported a 16 percent rise in March quarter net profit as it sold more gas. : psuwatch.com
Opinion: Clean energy ETFs start to outperform key oil & gas ETF
New Delhi : Opinion: Clean energy ETFs start to outperform key oil & gas ETF. : Economic Times
Iraq closes gap with Russian oil in FY24 as Moscow’s discounts shrink
New Delhi : The allure of cheap Russian crude to Indian refiners faded in the financial year 2023-2024 (FY24) after Russian discounts shrunk and Iraq offered better rates to claw back into the Indian crude market, Indian government data show. : Business Standard
Oil extends losses after easing supply concerns counter Middle East risk premium; Brent at $82/bbl
New Delhi : International crude oil prices steadied on Tuesday, May 7, as easing supply concerns and signs of weakening demand countered fears of escalation in the Middle East. : Mint
INOX Air Products and Asahi India Glass sign MoU for Green Hydrogen
New Delhi : INOX Air Products, a manufacturer of industrial and medical gases, has signed a Memorandum of Understanding (MoU) with Asahi India Glass Limited (AIS) for a 20-year offtake agreement to supply green hydrogen to AIS’s greenfield float glass facility in Soniyana, Chittorgarh, Rajasthan. : Business Standard
April fuel consumption rises by 6.1% year-on-year: Oil ministry data
New Delhi : India’s fuel consumption rose by 6.1 per cent year-on-year in April, data from the Petroleum Planning and Analysis Cell of the oil ministry showed on Tuesday. : Business Standard
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On May 7
New Delhi : Petrol and Diesel Prices On May 7, 2024: Oil marketing companies have released petrol and diesel prices for May 7, 2024. The price of petrol and diesel is released daily. In such a situation, the driver should get petrol refilled after checking the latest rates. Let us tell you that fuel prices are different in all the cities. : news18.com
