10-May-2024
Power
” New Delhi : Indian Renewable Energy Development Agency Ltd. (IREDA) has incorporated a wholly owned subsidiary in the International Financial Services Centre (IFSC) located in Gujarat’s GIFT City to extend its global reach for securing funds at competitive rates to boost green projects in the country, the Ministry of Renewable Energy said on Thursday.” : Sarkaritel.com
NTPC Green Energy, MAHAPREIT ink MoU for 10 GW renewable projects in Maharashtra
New Delhi : NTPC Green Energy, MAHAPREIT ink MoU for 10 GW renewable projects in Maharashtra. : Economic Times
Kalpataru Projects Q4 net profit rises 21 pc to Rs 169 cr; declares 400 pc dividend
New Delhi : Kalpataru Projects Q4 net profit rises 21 pc to Rs 169 cr; declares 400 pc dividend. : Economic Times
Floating radar to protect birds and bats at offshore wind farms
New Delhi : Floating radar to protect birds and bats at offshore wind farms. : Economic Times
L&T secures key contracts for solar and grid systems
New Delhi : L&T secures key contracts for solar and grid systems. : Economic Times
NTPC achieves 20 pc torrefied biomass co-firing at Tanda power plant
New Delhi : State-owned power giant NTPC on Thursday said it has achieved 20 per cent torrefied biomass co-firing at Tanda thermal plant in Uttar Pradesh. The NTPC has established co-firing of 7-10 per cent non-torrefied biomass with coal at NTPC Dadri, a company statement said. : Economic Times
Rising temperatures drive up electricity consumption in Rajasthan
New Delhi : Soaring temperatures are driving up electricity consumption in Rajasthan, giving anxious moments to the state’s power sector and putting officials on their toes. : Business Standard
IREDA INCORPORATES “IREDA GLOBAL GREEN ENERGY FINANCE IFSC LIMITED” IN GIFT CITY, GUJARAT
New Delhi : Indian Renewable Energy Development Agency Ltd. (IREDA) has incorporated a wholly owned subsidiary in the International Financial Services Centre (IFSC) located in GIFT City, Gujarat. : globalgreenews.com
Ajay Kumar Shukla Is The Head Of Project At NTPC North Karanpura
New Delhi : Ajay Kumar Shukla has taken charge as the Head of Project North Karanpura, effective May 9, 2024. With prior service as the Chief General Manager (O&M) at North Karanpura, Shri Shukla brings extensive experience and expertise to his new role. : indianpsu.com
NTPC Successfully Demonstrates 20% Torrefied Biomass Co-Firing
Mumbai : NTPC, India’s leading integrated power utility, has achieved a new milestone by successfully demonstrating Co-firing of 20wt.% Torrefied Biomass at its Unit# 4 at Tanda in UP, thereby marking a significant stride towards building a sustainable future. : psuconnect.in
Records Continue to Follow Actor Manoj Kumar With Solar Generation At Mumbai Residence
New Delhi : Records Continue to Follow Actor Manoj Kumar With Solar Generation At Mumbai Residence. : saurenergy.com
Top 5 States Spearheading Rooftop Solar in India
New Delhi : Top 5 States Spearheading Rooftop Solar in India. : saurenergy.com
TPDDL to hold Lok Adalat to settle power theft, disconnection cases on Saturday
New Delhi : TPDDL to hold Lok Adalat to settle power theft, disconnection cases on Saturday. : Economic Times
J-Power to close up to 5 coal power plants by FY2030 to cut emissions
New Delhi : J-Power to close up to 5 coal power plants by FY2030 to cut emissions. : Economic Times
India’s power sector dynamics shift with rising exchange share and declining PPAs
New Delhi : India’s power sector dynamics shift with rising exchange share and declining PPAs. : Economic Times
India becomes world’s third-largest solar power generator: Report
New Delhi : India becomes world’s third-largest solar power generator: Report. : Economic Times
IREDA incorporates subsidiary in GIFT City for green financing
New Delhi : IREDA incorporates subsidiary in GIFT City for green financing. : Economic Times
Tata Power plans 66 pc higher capex at Rs 20,000 cr in FY25; to spend 50 pc on renewable energy projects
New Delhi : Tata Power plans 66 pc higher capex at Rs 20,000 cr in FY25; to spend 50 pc on renewable energy projects. : Economic Times
India projects biggest power shortfall in 14 years in June
New Delhi : India is projecting its biggest power shortfall in 14 years in June after a slump in hydropower generation, its government told Reuters, and is racing to avoid outages by deferring planned plant maintenance and re-opening idled units. : Economic Times
Honda commissions new R&D facility to accelerate electrification in India
New Delhi : Honda R&D (India), a unit of Honda Motor Co, on Thursday said it has commissioned a new R&D centre in Bengaluru to accelerate electrification in India. : Business Standard
Govt projects biggest power shortfall in 14 years, races to curb outages
New Delhi : India is projecting its biggest power shortfall in 14 years in June after a slump in hydropower generation, its government told Reuters, and is racing to avoid outages by deferring planned plant maintenance and re-opening idled units. : Business Standard
Tata Power reports record profit of INR 4,280 crore for FY 2024
New Delhi : Tata Power, one of India’s largest integrated power companies, has reported its highest ever net profit (profit after tax) of INR 4,280 crore ($512.64 million) for the financial year ended March 31, 2024. : pv-magazine.com
NTPC Emerges As Champion In AIMA’s Corporate Management Olympiad
New Delhi : NTPC, India’s largest integrated power company emerges as the ‘Champion’ in the prestigious 6 th edition of All India Management Association’s Corporate Management Olympiad held online on 7 th and 8 th May, 2024. The announcement of the results was made on 8th May 2024. : indianpsu.com
NTPC North Karanpura Launches Comprehensive Relief Effort To Fight Water Scarcity
New Delhi : In response to the pressing water scarcity issues faced by Project Affected Villages (PAVs) during the scorching summer, NKSTPP has launched a comprehensive relief effort. Commencing from May 8, 2024, in four pivotal villages – Raham, Tandwa, Kamta, and Garilong – NKSTPP has deployed a fleet of nine water tankers to alleviate the dire situation. : indianpsu.com
ReNew signs 5 PPAs for 2.2 GW of clean energy supply
New Delhi : ReNew on Thursday said it has signed five power purchase agreements to supply 2.2 Gigawatt of clean energy. : psuwatch.com
NTPC Green Energy Limited Inks MoU with MAHAPREIT
New Delhi : NTPC Green Energy Limited (NGEL) and Mahatma Phule Renewable Energy and Infrastructure Technology Limited today signed a Memorandum of Understanding (MoU), at NTPC Corporate Office, New Delhi for the development of Renewable Energy Power Parks and Projects. : psuconnect.in
Bangladesh Power Firm Issues 160 MW International Solar Tender
New Delhi : Bangladesh Power Firm Issues 160 MW International Solar Tender : saurenergy.com
Oil and Gas
HPCL Records Highest ever Annual Consolidated Profit of ? 16,015 Crores, 4QFY24 PAT jumps by 437% over 3QFY24 PAT
New Delhi : “HPCL Board recommends Bonus Equity Issue and Final Dividend, Highest ever Annual Consolidated Profit of ? 16,015 Crores, 4QFY24 PAT jumps by 437% over 3QFY24 PAT” is given below : : Sarkaritel.com
HPCL Q4 result: Net profit falls 25% to Rs 2,709 cr on low refining margins
New Delhi : Hindustan Petroleum Corporation Ltd (HPCL) on Thursday reported a 25 per cent fall in its March quarter net profit on lower refining margins and announced one bonus share for every two shares held. : Business Standard
HPCL Q4 results: Net profit down 25% on weak refining margins, announces 1:2 bonus issue
New Delhi : Hindustan Petroleum Corporation Limited (HPCL) reported nearly a 25 percent year-on-year drop in its March quarter consolidated net profit at Rs 2,709.31 crore on lower refining margins. : Moneycontrol.com
China April crude oil imports rise 5.45% on previous year
Beijling : China April crude oil imports rise 5.45% on previous year : Economic Times
Hydrogen fuel of future, vehicles will run on green fuels in coming years: Gadkari
New Delhi : Hydrogen fuel of future, vehicles will run on green fuels in coming years: Gadkari. : Economic Times
Dorf Ketal Chemicals India acquires Impact Fluid Solutions to expand its suite of solutions for oil and gas production
New Delhi : Specialty chemicals major Dorf Ketal Chemicals India has acquired Impact Fluid Solutions to expand its suite of solutions for oil and gas production. : Economic Times
Oil rises 1% to hit 1-week high on rising demand optimism in China, US; Brent nears $84/bbl
New Delhi : Crude oil prices rose about one per cent to a one-week high on Thursday, May 9 after economic data from China and the US indicated that demand in the world’s two biggest crude-consuming nations could climb higher. : Mint
Crude Oil prices likely to trade higher; WTI Crude may test $80-mark
New Delhi : Crude oil prices recovered sharply from three months low level after data showed the US crude stockpiles fell last week as refiners slowly ramped up output ahead of the summer driving season. : Business Standard
BPCL Q4 net profit falls 30%; company announces 1:1 bonus issue
New Delhi : Bharat Petroleum Corporation Ltd (BPCL) on Thursday reported a 30 percent fall in its March quarter net profit on lower refining margins and announced one bonus share for each share held. : psuwatch.com
HPCL Q4 net falls 25%, records Rs 16k cr profit in FY24
New Delhi : Hindustan Petroleum Corporation Ltd (HPCL) reported a 25 percent fall in its March quarter net profit on lower refining margins and announced one free bonus share for every two shares held. : psuwatch.com
HPCL announces 1:2 bonus share issue, Rs 16.5 dividend along with Q4 results
New Delhi : Hindustan Petroleum on Thursday announced a bonus share issue of 1:2 (1 bonus share against 2 shares held) and a final dividend of Rs 16.50. This was announced after the company released its earnings for the quarter ended March 204. Its net profit has declined 25% YoY. : Economic Times
EU eyes first ever sanctions on Russia’s LNG sector
New Delhi : EU eyes first ever sanctions on Russia’s LNG sector. : Economic Times
Oil & gas PSUs cut 15,700 jobs in 6 years even as revenue doubles
New Delhi : State-run oil and gas companies cut 15,700 jobs, or 14% of their workforce, in six years even as their revenues nearly doubled, with non-managerial jobs getting hit disproportionately. : Economic Times
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On May 9
New Delhi : Petrol and Diesel Prices On May 9, 2024: Oil marketing companies have released petrol and diesel prices for May 9, 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
