21-May-2024
Power
” New Delhi : The Girl Empowerment Mission (GEM) was held at NTPC Kanti, which commenced on 25th April 2024, and concluded on 19th May 2024. The month-long initiative aimed to promote the skills and talents of young girls from neighbouring villages, with 40 participants from 8 schools taking part.” : Sarkaritel.com
” New Delhi : NTPC Bongaigaon has taken a significant step towards enhancing workplace safety with the inauguration of Safety Observation Kiosk, a pioneering system developed by the site’s IT Department. The kiosk was inaugurated by K. C. Muraleedharan, Business Unit Head of NTPC Bongaigaon.” : Sarkaritel.com
” New Delhi : In line with the nationwide Swachhata Pakhwada initiative which started from 16th May-31st May,2024, NTPC Bongaigaon today organized a Swachhata Talk at Salakati ME School, where 100 enthusiastic students participated. The event aimed to instill the importance of cleanliness and hygiene among young minds to promote a healthier future for India.” : Sarkaritel.com
NHPC Opens Bids For 200 MW Solar Project In Khavda, Gujarat
New Delhi : NHPC Opens Bids For 200 MW Solar Project In Khavda, Gujarat. : saurenergy.com
Delhi’s power demand soars to May’s highest ever at 7,572 MW amid rising temperatures
New Delhi : A heatwave in parts of Delhi on Monday pushed the national capital’s peak power demand to its highest ever for May, discom officials said. Realtime data from the State Load Dispatch Centre, Delhi, showed the peak power demand at 7,572 MW at 3:33 pm. : Economic Times
Coal stock 25% higher y-o-y at 147mt, says govt as power demand surges
New Delhi : The Union coal ministry on Monday said that coal stock in the country as of 15 May stood at 147 million tonnes (mt), about 25% higher on a year-on-year (y-o-y) basis. : Mint
Peak power demand in May near projected 235 GW amid severe heatwave
New Delhi : India’s peak power demand is hovering near the projected 235 GW level in May, following excessive use of cooling appliances like air conditioners and desert coolers amid severe heat waves in the country. : Business Standard
Oriano secures EPC order for 75 MWp solar power plant
New Delhi : Oriano Clean Energy announced that it has received the engineering, procurement and construction (EPC) contract for a 50 MW AC/ 75 MWp solar power project from one of the leading developers in India. : pv-magazine.com
Sineng Electric supplies inverters for 641 MW solar project in Gujarat
New Delhi : Sineng Electric, a Chinese PV inverter and battery manufacturer, announced that it has supplied inverters for a 641 MW solar project in Gujarat, India. : pv-magazine.com
Girl Empowerment Mission Concludes Successfully At NTPC Kanti, Showcasing Talents Of 40 Girls
New Delhi : The Girl Empowerment Mission (GEM) was held at NTPC Kanti, which commenced on 25th April 2024, and concluded on 19th May 2024. The month-long initiative aimed to promote the skills and talents of young girls from neighbouring villages, with 40 participants from 8 schools taking part. : indianpsu.com
Workshop on Kitchen Waste Management at NTPC Coal Mining HQ
New Delhi : As part of ongoing Swachhta Pakhwada initiative, NTPC Coal Mining HQ/ NML Ranchi today organised a Workshop on Kitchen Waste Management for Members Swayamsiddha Ladies Club (SSLC) in association with “Urban Kheti” (organisation working on waste management & organic farming). : psuconnect.in
Cleanliness drive at Ranchi Railway Station by employees of NTPC Coal Mining HQ
New Delhi : With objective of creating community awareness on importance of cleanliness and sanitation, NTPC Coal Mining Headquarters/NTPC Mining Limited, Ranchi as part of observing ongoing Swachhta Pakhwada-2024(May 16 to May 31,2024), today organized Swachhta Rally which was participated by Regional Executive Director (Coal Mining), Shri Animesh Jain, Head of the departments and employees and family members in large numbers. : psuconnect.in
NTPC-REL Seeks Bids For 225MW Solar Project At GSECL Solar Park At Khavda
New Delhi : NTPC-REL Seeks Bids For 225MW Solar Project At GSECL Solar Park At Khavda. : saurenergy.com
Orient Green Power Company to raise Rs 250 crore via rights issue
New Delhi : Orient Green Power Company to raise Rs 250 crore via rights issue. : Economic Times
Govt plans extensively to ensure adequate coal stock at thermal power plants ahead of monsoon
New Delhi : The coal ministry has planned extensively to ensure adequate stock of dry fuel at all thermal power plants ahead of monsoons in order to meet increased demand for electricity. During monsoons, coal availability gets impacted due to rains. : Economic Times
Peak power demand hovering near projected 235 GW this month amid severe heat wave
New Delhi : India’s peak power demand is hovering near the projected 235 GW level in May, following excessive use of cooling appliances like air conditioners and desert coolers amid severe heat waves in the country. : Economic Times
Delhi’s peak power demand touches new May high of 7,572 megawatt
New Delhi : Electricity demand in the national capital touched 7572 megawatt (Mw) on Monday afternoon, highest-ever for the month of May, even as the sun and hot winds scorched Delhi and neighbouring areas nudging IMD to issue a red alert. : Business Standard
Onix Renewable wins 187 MW of solar projects under PM Kusum Yojana
New Delhi : Onix Renewable Ltd announced this week that its arm Onix Trans Stellar has secured 187 MW of solar projects in Gujarat under the PM KUSUM Scheme (Pradhan Mantri Kisan Urja Suraksha Evam Uthan Mahabhiyaan). : pv-magazine.com
NTPC tenders 225 MW solar, NHPC 200 MW in Gujarat
New Delhi : NTPC Renewable Energy Ltd has invited bids to set up 225 MW of grid-connected solar PV projects on an EPC basis. The projects will located in GSECL’s Solar Park (STAGE-III) in Khavda, Gujarat. : pv-magazine.com
Director (Finance & HR) Visits NTPC Mouda For Interaction Meeting With HODs And Swachhata Pakhwada 2024 Review
New Delhi : Shri Jaikumar Srinivasan, Director (Finance & HR) of NTPC Limited, recently visited NTPC Mouda for an important interaction meeting with the Heads of Departments (HODs) and to review the ongoing Swachhata Pakhwada 2024 initiatives. : indianpsu.com
NTPC Bongaigaon Inaugurates Innovative Safety Observation Kiosk for Contract Labourers
New Delhi : NTPC Bongaigaon has taken a significant step towards enhancing workplace safety with the inauguration of Safety Observation Kiosk, a pioneering system developed by the site’s IT Department. : psuconnect.in
SJVN commences its Raising Day celebrations with Mini Marathon
Shimla : SJVN commenced its 37th Raising Day celebrations by organizing a Swachhta theme-based ‘Mini Marathon’ at Shimla to promote a message of cleanliness awareness among the local communities. : psuconnect.in
Solar Decathlon India 2023-24 Challenge Winners Announced
New Delhi : Solar Decathlon India 2023-24 Challenge Winners Announced. : saurenergy.com
Travancore Cochin Chemicals Issues 22 MW RE Plant Tender
New Delhi : Travancore Cochin Chemicals Issues 22 MW RE Plant Tender. : saurenergy.com
Delayed Solar Project: Gujarat Discom, GETCO Draw GERC’s Ire
New Delhi : Delayed Solar Project: Gujarat Discom, GETCO Draw GERC’s Ire. : saurenergy.com
Tangedco to buy power for `2,755cr to tackle demand
Chennai : Power demand in Chennai and across the state has returned to normalcy, as summer showers have brought down the temperature down, but Tamil Nadu Generation and Distribution Corporation (Tangedco) has spent 2,755 crore to purchase 3,286 million units (Mu) of power through short-term agreements to tackle the power crisis this summer. : Times of India
Peak power demand hit 229.6 GW on Saturday
New Delhi : As summer heat scorched western and northern regions of India, peak power demand reached 229.6 GW in daytime on May 18, typically unheard of on a weekend. Prior to this, the season’s high was recorded on May 6 at 233 GW. : Economic Times
Kalpataru Projects International bags SAR 3.4 billion contracts from Aramco
New Delhi : Kalpataru Projects International Ltd on Monday said it has bagged three contracts worth 3.4 billion Saudi Riyal (SAR) from Aramco to expand gas supply network in Saudi Arabia. : Economic Times
Oil and Gas
Oil India posts 17 pc jump in Q4 net profit
New Delhi : Oil India Limited (OIL) has reported a 17 per cent increase in consolidated net profit at Rs 2332.94 crore in the Jan-March quarter of the financial year 2023-24 compared to the corresponding figure of Rs 1,979.74 crore in the same period of 2022-23. : Sarkaritel.com
ONGC Q4 results: Net profit jumps 78% to Rs 11,526 crore, announces dividend
New Delhi : ONGC Board of Directors in its 380th Meeting held on 20th May, 2024, approved the annual results for FY’24. : Sarkaritel.com
Oil India Q4 results: Net profit rises 18%, 1:2 bonus share announced
New Delhi : Oil India Limited (OIL) on Monday announced 18 per cent rise in its net profit in the quarter ending March 31, 2024 (Q4FY24). The company reported the rise in profit on back of higher prices of crude oil, according to stock exchange filing. : Business Standard
ONGC consolidated net profit rises 77.9 % to `11,527 crore in March qtr
New Delhi : The board of directors of state-owned Oil and Natural Gas Corporation (ONGC) in its 380th Meeting held on Monday, approved the annual results for FY24. : millenniumpost.in
Oil India Q4 Results: Net Profit Jumps 18% To Rs 2,333 Crore; 1:2 Bonus Share Announced
New Delhi : Oil India Ltd (OIL) on Monday reported an 18 per cent rise in its consolidated net profit to Rs 2,332.94 crore for the fourth quarter ended March 2024, on the back of higher prices of crude oil. The state-owned oil and gas producer also approved a final dividend of Rs 3.75 per equity share of Rs 10 each (pre-bonus), which translates into final dividend of Rs 2.50 per share (post-bonus) for 2023-24 fiscal. : news18.com
Oil India Q4 net profit falls 10% sequentially to Rs 2,333 cr, announces bonus issue
New Delhi : Oil India Limited (OIL) has reported a 10 percent sequential decline in consolidated net profit at Rs 2332.94 crore in the March quarter of financial year 2023-24. The state-run oil producer posted a net profit of Rs 2,607.66 crore in the previous quarter. : Moneycontrol.com
Russia is China’s top oil supplier for a 12th month in April
New Delhi : Russia is China’s top oil supplier for a 12th month in April. : Economic Times
Reliance seeks access to ATF pipelines, storages of PSU oil firms
New Delhi : Reliance seeks access to ATF pipelines, storages of PSU oil firms. : Economic Times
Nayara Energy sees 48 pc jump in petrol sales, exports drop
New Delhi : Nayara Energy sees 48 pc jump in petrol sales, exports drop. : Economic Times
Russia is China’s top oil supplier for 12th month in April, volumes up 30%
New Delhi : Russia was China’s top oil supplier in April for a 12th month, with volumes rising 30 per cent from a year earlier, official data showed, as refiners continued to cash in discounted shipments, while supplies from Saudi Arabia fell a quarter on higher prices. : Business Standard
UAE Oil Giant Buys Into NextDecade LNG In First US Deal
New Delhi : The United Arab Emirates’ main oil company bought a stake in NextDecade Corp.’s natural gas export project in Texas, in a first US acquisition that also gives it a 20-year supply deal. : NDTV Profit
Good News For Travelers On Delhi-Meerut Expressway As CNG Will Be Available On Both Sides Of The Highway
New Delhi : The non-availability of CNG on the Delhi-Meerut Expressway (DME) had been a significant issue for travelers, forcing them to either rely on petrol and diesel or take alternate routes to access CNG. Indraprastha Gas Limited (IGL) has addressed this problem by inaugurating new CNG stations on both sides of the DME. : indianpsu.com
Govt invites bids for coal gasification projects from PSUs, private companies
New Delhi : The Ministry of Coal has invited bids from Public Sector Undertakings (PSUs) and private companies for setting up coal and lignite gasification projects. : psuwatch.com
Oil India Q4 results: Net profit declines 10% to Rs 2,333 crore
New Delhi : State-owned Oil India Limited (OIL) has reported a 10 percent fall in consolidated net profit at Rs 2332.94 crore in the March quarter of financial year 2023-24. : psuconnect.in
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On May 20
New Delhi : Petrol and Diesel Prices On May 20, 2024: Oil marketing companies have released petrol and diesel prices for May 20, 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
Tripura govt working on arrangement for bringing fuel, goods via B’desh: Minister
Agartala : The Tripura government has been working on an arrangement to strengthen the supply of fuel and essential goods via Bangladesh, a minister said on Monday. : dailyexcelsior.com
Oil India Q4 results: Net profit rises 18% to ?2,333 crore, announces 1:2 bonus share
New Delhi : State-owned Oil India Ltd (OIL) on Monday reported an 18 per cent rise in net profit in the March quarter on the back of higher prices of crude oil. : Mint
Oil India Q4 Results: Profit Rises 28%, Beats Estimates
New Delhi : Oil India Ltd.’s consolidated net profit rose 28% in the fourth quarter of the financial year 2024, beating analysts’ estimates. The state-run crude oil producer’s profit increased 28% sequentially to Rs 2,029 crore in the quarter ended March 2024, according to an exchange filing on Monday. : NDTV Profit
ONGC Q4 results: Net profit rises 78% to Rs 11,526 cr, announces dividend
New Delhi : Oil and Natural Gas Corporation (ONGC) on Monday announced a jump of around 78 per cent in its consolidated net profit at Rs 11,526.53 crore in the quarter ending March 31 of financial year 2023-24 (Q4FY24), compared to Rs 6,478.23 crore in the same period last year (Q4FY23). : Business Standard
ONGC Q4 results: Net profit jumps 78% to Rs 11,526 crore, announces dividend
New Delhi : Oil and Natural Gas Corporation (ONGC) posted an increase of around 78 percent in consolidated net profit at Rs 11,526.53 crore in the fourth quarter of the financial year 2023-24, compared to Rs 6,478.23 crore in the same period last year. : Moneycontrol.com
Opinion: China boosts crude oil storage amid soft refinery processing
New Delhi : Opinion: China boosts crude oil storage amid soft refinery processing. : Economic Times
Jakson Green to invest ?3500 crore in RE utility; plans big for green hydrogen
New Delhi : Jakson Green to invest ?3500 crore in RE utility; plans big for green hydrogen. : Economic Times
Oil India sees 13% rise in March quarter profit on high prices
New Delhi : Oil India reported a 13% increase in profit for the March quarter to ?2,029 crore on high oil prices. Revenue from operations increased 2% year-on-year to ?5,757 crore in the fourth quarter of 2023-24. : Economic Times
Oil firms blamed for ethanol stock pile-up
New Delhi : Ethanol distilleries in the country are faced with high and rising stock of the biofuel amid a demand-supply imbalance that, they allege, is because state-run oil marketing companies (OMCs) are not buying sufficient quantities. : Economic Times
Oil prices rise after Iran president’s death, brent crude at $84.24/bbl
New Delhi : Oil prices increased during early Asian trading on Monday, extending last week’s gains. This rise occurred amid the search for Iran’s president following a helicopter crash in the oil-producing country and the U.S. purchase of crude to replenish its national stockpile. : Mint
China’s fuel oil imports surges 10% to 2.93 million MT, highest since 2020
New Delhi : China’s imports of fuel oil rose 10 per cent in April from a year earlier to 2.93 million metric tonnes, data from the General Administration of Customs showed on Monday, the highest level since at least 2020 according to Reuters’ records. : Business Standard
ONGC Q4 Results: Profit Tops Estimates, Production Rises 2.4% Sequentially
New Delhi : Oil and Natural Gas Corp.’s standalone net profit fell 0.23% in the fourth quarter of financial year 2024, but surpassed analysts’ estimates. : NDTV Profit
PESB picks Saloma Yomdo for Oil India’s Director (Exploration & Development) post
New Delhi : Saloma Yomdo is set to be next Director (Exploration & Development) of Oil India Limited, a Maharatna PSU under the Ministry of Petroleum & Natural Gas (MoPNG). He has been recommended for the post by the Public Enterprises Selection Board (PESB) panel on Monday. : psuwatch.com
Q4 FY’24: Oil India posts highest-ever quarterly profit
New Delhi : State-owned Oil India Limited (OIL) on Monday reported its highest-ever quarterly net profit in three months to March 31, helped by higher oil production and better prices. : psuwatch.com
