09-May-2024
Power
” New Delhi : NTPC Bongaigaon proudly announces its exceptional achievement at the 6th Corporate Management Olympiad 2024, where it clinched the esteemed 1st Runners-up Trophy in the Case Study Category. This recognition highlights the station’s commitment to excellence and innovation in corporate management practices.” : Sarkaritel.com
NTPC Green Energy inks pact with Indus Towers to develop renewable energy projects
New Delhi : NTPC Green Energy inks pact with Indus Towers to develop renewable energy projects. : Economic Times
DERC approves Battery Energy Storage System project
New Delhi : The Delhi Electricity Regulatory Commission (DERC) has granted its approval for setting up of a Battery Energy Storage System (BESS) project supported by the Global Energy Alliance for People and Planet (GEAPP’s) concessional loan amounting to 70 per cent of the total project cost and is in partnership with IndiGrid and BSES Rajdhani Power Limited (BRPL). : Sarkaritel.com
NTPC Green Energy inks MoU with MAHAPREIT for development of RE power parks & projects
New Delhi : NTPC Green Energy Limited (NGEL) and Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) on Wednesday signed a memorandum of understanding (MoU), at NTPC Corporate Office, New Delhi for the development of renewable energy power parks and projects. : psuwatch.com
Meeting peak power demand through gas-based plants requires dynamic domestic resource allocation
New Delhi : Meeting peak power demand through gas-based plants requires dynamic domestic resource allocation. : Economic Times
Tata Power net up 11 pc to Rs 1,046 cr in Q4, declares 200pc dividend
New Delhi : Tata Power net up 11 pc to Rs 1,046 cr in Q4, declares 200pc dividend. : Economic Times
Siemens Energy shakes up management at troubled wind unit, raises outlook
New Delhi : Siemens Energy shakes up management at troubled wind unit, raises outlook. : Economic Times
Solar Sector wins legal battle for duty-free imports: Delhi High Court verdict explained
New Delhi : Solar Sector wins legal battle for duty-free imports: Delhi High Court verdict explained. : Economic Times
Renewables provided record 30% of global electricity in 2023, Ember says
New Delhi : Renewables provided record 30% of global electricity in 2023, Ember says. : Economic Times
Solar Sector wins legal battle for duty-free imports: Delhi High Court verdict explained
New Delhi : Solar Sector wins .legal battle for duty-free imports: Delhi High Court verdict explained : 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
Polaris gets new smart metering project worth Rs 2,246 cr in West Bengal
New Delhi : Energy solutions provider Polaris on Wednesday said it has secured a contract worth Rs 2,246 crore to install 2.2 million smart meters in West Bengal. : Economic Times
L&T to set up 2 floating solar plants in India, power grid projects in UAE, Kuwait, Oman
Mumbai : The Power Transmission & Distribution (PT&D) business of Larsen & Toubro (L&T) has won orders from Kuwait, the United Arab Emirates (UAE) and Oman for various power grid system projects and renewable energy (RE) projects within India, said the company in a statement on Wednesday. : psuwatch.com
Juniper Green Energy and SJVN Inks PPA
New Delhi : Juniper Green Energy has announced a landmark Power Purchase Agreement (PPA) with SJVN, securing a 320 MW firm and dispatchable renewable energy contract. : psuconnect.in
L&T Bags Orders For Two Floating Solar Project Worth 150 MWac, 120 MW Ground Mounted Project
New Delhi : L&T Bags Orders For Two Floating Solar Project Worth 150 MWac, 120 MW Ground Mounted Project. : saurenergy.com
PM Surya Ghar: National Roofop Solar Vendors To Submit BGs Worth Rs 25L
New Delhi : PM Surya Ghar: National Roofop Solar Vendors To Submit BGs Worth Rs 25L. : saurenergy.com
IPCL, E2S to develop Thermal Energy Storage System for efficient storage, transmission
New Delhi : IPCL, E2S to develop Thermal Energy Storage System for efficient storage, transmission. : Economic Times
L&T’s power transmission, distribution business bags multiple orders in India, overseas
New Delhi : L&T’s power transmission, distribution business bags multiple orders in India, overseas. : Economic Times
Adani begins commercial output of wafers, ingots for solar power
New Delhi : Adani begins commercial output of wafers, ingots for solar power. : Economic Times
Waaree Energies, Ecofy partner to offer finance for solar rooftop projects
New Delhi : Waaree Energies, Ecofy partner to offer finance for solar rooftop projects. : 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
BluPine Energy secures Rs 418 crore loan for solar project in Gujarat
New Delhi : BluPine Energy secures Rs 418 crore loan for solar project in Gujarat. : Economic Times
JSW Energy profit rises 29pc to Rs 351 cr in March quarter, declares Rs2/share dividend
New Delhi : JSW Energy profit rises 29pc to Rs 351 cr in March quarter, declares Rs2/share dividend. : Economic Times
India overtook Japan to become 3rd largest solar power generator in 2023
New Delhi : Rapid solar energy deployment in India pushed the country past Japan to become the world’s third-largest solar power generator in 2023, according to a new report. : Business Standard
India’s first utility-scale, standalone battery energy storage project receives regulatory approval
New Delhi : The Delhi Electricity Regulatory Commission (DERC) has granted regulatory approval to India’s first commercial standalone battery energy storage system (BESS) project. : pv-magazine.com
India Overtakes Japan To Become World’s 3rd Largest Solar Power Generator
New Delhi : India Overtakes Japan To Become World’s 3rd Largest Solar Power Generator. : saurenergy.com
Tata Power Results In Line With Expectations, Q4 Profits Up 18%
New Delhi : Tata Power Results In Line With Expectations, Q4 Profits Up 18%. : saurenergy.com
Tata Power Q4 results: PAT up 11% at Rs 1,046 crore on higher revenues
New Delhi : Tata Power on Wednesday posted an 11 per cent rise in its consolidated net profit to Rs 1,046 crore in the March quarter compared to the year-ago period mainly on the back of higher revenues. : Business Standard
BSES power discoms launch scheme for replacement of old ACs in Delhi
New Delhi : The BSES power discoms have launched a scheme for consumers in the city to exchange their old air conditioners with energy-efficient ones with discounts of up to 63 per cent, according to a statement. : Business Standard
Tata Power plans 66% higher capex at Rs 20k cr in FY25; to spend 50% on RE
New Delhi : Tata Power has planned a 66 per cent higher capital expenditure of Rs 20,000 crore in this fiscal compared to a year ago, which will mainly focus on projects supporting energy transition and India’s net-zero emission target by 2070. : Business Standard
Larsen & Toubro wins more than 270 MW of solar projects
New Delhi : Indian multinational Larsen & Toubro (L&T) announced today its Power Transmission & Distribution (PT&D) business has won orders to establish a cumulative floating solar capacity of more than 150 MW AC and a ground-mounted solar PV plant of 120 MW AC capacity in India. : pv-magazine.com
Oil and Gas
IGL Q4 net profit rises 16 pc
New Delhi : IGL Q4 net profit rises 16 pc. : Economic Times
Reliance acquires petrochemicals step-down subsidiary for Rs 314 cr
New Delhi : Reliance Industries Ltd on Wednesday said it has acquired a step-down subsidiary engaged in the manufacture of petrochemicals and hydrogen, for Rs 314.48 crore. : Business Standard
BP profit slides by 40% as refinery outage offsets higher output
New Delhi : BP profit slides by 40% as refinery outage offsets higher output. : Economic Times
Oil companies, portfolio outflows keep rupee under pressure
New Delhi : Oil companies, portfolio outflows keep rupee under pressure. : Economic Times
Saudi Aramco says Q1 profit down 14.5 percent
New Delhi : Saudi Aramco says Q1 profit down 14.5 percent. : Economic Times
INOX Air Products to set up 190-tonne green hydrogen project in Rajasthan
New Delhi : INOX Air Products to set up 190-tonne green hydrogen project in Rajasthan. : Economic Times
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On May 8
New Delhi : Petrol and Diesel Prices On May 8, 2024: Oil marketing companies have released petrol and diesel prices for May 8, 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
Meeting peak power demand through gas-based plants requires dynamic domestic resource allocation
New Delhi : Meeting peak power demand through gas-based plants requires dynamic domestic resource allocation. : Economic Times
EXPLAINER: Shell’s Singapore refinery sale and its market significance
New Delhi : EXPLAINER: Shell’s Singapore refinery sale and its market significance. : Economic Times
BP softens tone on 2030 oil output cut to reassure investors
New Delhi : BP softens tone on 2030 oil output cut to reassure investors. : Economic Times
TotalEnergies and SINOPEC sign cooperation deal on climate efforts
New Delhi : TotalEnergies and SINOPEC sign cooperation deal on climate efforts. : Economic Times
India’s April fuel demand edges up 6.1% year-on-year
New Delhi : India’s April fuel demand edges up 6.1% year-on-year. : Economic Times
Oil trades higher after US crude inventories register sharp fall, dollar caps gains; Brent at $83/bbl
New Delhi : Oil prices rebounded and traded higher on Wednesday, May 9, after the US oil storage data showed a larger-than-expected draw in crude stockpiles as refiners ramped up output ahead of the summer driving season. : Mint
GSPL’s net profit jumps 16.4% in Q4 FY24 y-o-y to Rs 261.12 cr
New Delhi : Gujarat State Petronet Limited (GSPL) has recorded a 16.4 percent bump in Profit after Tax (PAT) in Q4 of FY2023-24 year-on-year at Rs 261.12 crore mainly on account of a drop in gas transmission expenses. : psuwatch.com
