23-May-2024
Power
” New Delhi : Power Grid Corporation of India Limited (POWERGRID), a Maharatna CPSE under Ministry of Power, Government of India, has been conferred the prestigious ATD BEST Award 2024 for strategic approach to talent development driving business results.” : Sarkaritel.com
BHEL Q4 net profit declines 25 pc at Rs 484 crore
New Delhi : Government-owned Bharat Heavy Electricals Limited (BHEL) on Tuesday reported a 25 per cent decline in net profit at Rs 484 crore for the January-March quarter of 2023-2024 compared to the corresponding figure of Rs 645 crore in the same period last year. : Sarkaritel.com
POWERGRID records Profit After Tax of ? 15,573 crores and Total Income ? 46,913 crores for FY24 on Consolidated Basis
New Delhi : Power Grid Corporation of India Limited (POWERGRID), a ‘Maharatna’ Central Public Sector Enterprise under the Ministry of Power, Government of India, has announced its financial results for the period ending Q4FY24 and FY24. : Sarkaritel.com
NHPC expects to complete all 4 units of Parbati-II hydro electric project by Dec 2024
New Delhi : State-owned NHPC on Wednesday said all four units of its Parbati-II hydro electric project are expected to be completed by December 2024. NHPC is constructing an 800 MW (4 units of 200 MW each) Parbati-II HE (hydroelectric) project in Himachal Pradesh. : Economic Times
India set to boost wind energy capacity to 25 GW by 2028, with ?2 lakh crore investment
New Delhi : India set to boost wind energy capacity to 25 GW by 2028, with ?2 lakh crore investment. : Economic Times
IREDA eyes FPO to boost renewable energy funding
New Delhi : IREDA eyes FPO to boost renewable energy funding. : Economic Times
Q4 results: PowerGrid’s net profit falls 4% at ?4,166.33 crore, declares final dividend of ?2.75 per share
New Delhi : Power Grid Corporation of India Limited (PowerGrid) on Wednesday announced its financial results for the fourth quarter (Q4) ended March 31, 2024 of fiscal year 2024 (FY24). : Mint
Power Grid Q4 net profit falls 3.5% to Rs 4,137 crore, slightly below estimates
New Delhi : Power Grid Corporation of India Ltd (PowerGrid or PGCIL) on May 22 reported a consolidated net profit of Rs 4,137.21 crore for the quarter ended March 31, 2024, down 3.5 percent from Rs 4,288.11 crore a year ago. : Moneycontrol.com
Hitachi Energy Q4FY24 profit surges by 124%, order book at ?7229.5 crore
New Delhi : Hitachi Energy Q4FY24 profit surges by 124%, order book at ?7229.5 crore. : Economic Times
Tata Power-DDL signs MoU with ISGF for new V2G technology demonstration in North Delhi
New Delhi : Tata Power-DDL signs MoU with ISGF for new V2G technology demonstration in North Delhi. : Economic Times
Amid heatwave, Delhi’s power demand touches an all-time high of 8,000MW
New Delhi : Amid heatwave conditions, Delhi’s peak power demand clocked 8,000 MW on Wednesday, highest ever in the history of the national capital, a day after recording an all-time high surge in demand since 2022, discom officials said. : Economic Times
Orb Energy establishes 35 MW (DC) solar park in Karnataka
New Delhi : Orb Energy has launched its first 35 MW (DC) ground-mounted solar park in Arsikere, Karnataka. The park, spanning 110 acres, is built specifically to empower small and medium enterprises (SMEs) in the region. : pv-magazine.com
PEAK POWER DEMAND CLOCKS 8000 MW; HIGHEST EVER IN NATIONAL CAPITAL
New Delhi : National Capital Delhi’s peak power demand clocked 8,000 Mega Watt today afternoon, the highest ever in history. It broke the record created just a day earlier. : globalgreenews.com
Power Grid posts net profit of Rs 15,573 crores for FY’24; announces dividend
New Delhi : Power Grid Corporation of India Limited (PGCIL) has announced its financial results for the period ending fourth quarter (Q4 FY’24) and for the financial year 2023-23 (FY’24). : psuwatch.com
THDC India Signs MoU with Uttarakhand PWD
New Delhi : THDC India Limited, a prominent Mini Ratna PSU in Power Generation signed a significant Memorandum of Understanding (MoU) with the Public Works Department, Uttarakhand for rendering the technical services of THDCIL as the “Technical Consultant” at the UK PWD Head Office, Yamuna Colony, Dehradun on 21st May 2024. : psuconnect.in
THDCIL’s CMD led an extensive inspection visit at 2400 MW Tehri Power Complex
New Delhi : Sh. R. K. Vishnoi, Chairman and Managing Director of THDC India Limited, led a comprehensive two-day inspection visit at Tehri Complex on May 19th and May 20th, 2024. : psuconnect.in
Avaada Group Commissions 50 MW Solar Plant In Bihar
New Delhi : Avaada Group Commissions 50 MW Solar Plant In Bihar. : saurenergy.com
Delhi shatters power demand record with 7717 MW peak amid heatwave
New Delhi : Delhi shatters power demand record with 7717 MW peak amid heatwave. : Economic Times
Power Grid Q4 Results: Profit Falls 3.6%, But Meets Estimates
New Delhi : Power Grid Corp.’s consolidated net profit fell 3.6% in the fourth quarter of financial year 2024. The state-run power transmission major’s profit decreased to Rs 4,166 crore, in comparison with Rs 4,323 crore in the year-ago period, according to an exchange filing on Wednesday. Analysts tracked by Bloomberg had set a consensus estimate of Rs 4,160 crore. : NDTV Profit
Power Grid Corporation Q4 results: PAT dips marginally to Rs 4,166 crore
New Delhi : State-owned Power Grid Corporation on Wednesday reported a nearly four per cent dip in its consolidated net profit to Rs 4,166.33 crore in the March 2024 quarter, mainly due to a marginal decline in income. : Business Standard
Suzlon bags new orders of 402 MW wind energy from Juniper Green Energy
New Delhi : Suzlon bags new orders of 402 MW wind energy from Juniper Green Energy. : Economic Times
India’s Tryst To Become A Solar Superpower: Resolution Unveiled
New Delhi : India’s Tryst To Become A Solar Superpower: Resolution Unveiled. : Economic Times
NTPC GETS GLOBAL RECOGNITION FOR TALENT DEVELOPMENT, SECURES 3RD RANK AT ATD BEST AWARDS 2024
New Delhi : NTPC has achieved an impressive milestone by securing the 3rd rank globally at the ATD BEST Awards 2024, this being the highest ranking among all Indian companies. : globalgreenews.com
POWERGRID GETS GLOBAL RECOGNITION FOR LEARNING & DEVELOPMENT, RECEIVES ATD BEST AWARDS FOR THIRD TIME
New Delhi : Power Grid Corporation of India Limited (POWERGRID), a Maharatna Central Public Sector Enterprise under the Ministry of Power, Government of India, has been conferred the prestigious ATD BEST Awards 2024 for its strategic approach to talent development driving business results. : globalgreenews.com
THDC to provide technical consultancy services to Uttarakhand PWD
New Delhi : THDC (India) Limited on Thursday said that it has signed a significant memorandum of understanding (MoU) with the Public Works Department (PWD), Uttarakhand for rendering the technical services of THDCIL as the “Technical Consultant” at the UK PWD Head Office in Dehradun on May 21. : psuwatch.com
NHPC expects to complete all units of Parbati-II HEP by Dec 2024
New Delhi : State-owned NHPC Limited on Wednesday said all four units of its Parbati-II hydro electric project are expected to be completed by December 2024. : psuwatch.com
PowerGrid posts strong Q4 profit at Rs 15,573 cr
New Delhi : Power Grid Corporation of India Limited (PGCIL), a government-owned company responsible for power transmission in India, has announced robust financial results for the fourth quarter (Q4) of FY’24 and the entire financial year 2023-24 (FY’24). : psuconnect.in
NTPC gives 1.58 GW DCR Solar Modules Contract to Emmvee, Vikram Solar and ReNew
New Delhi : NTPC Renewable Energy Limited (NTPC REL) has announced the winners of its auction for the supply of 1.58 GW of crystalline solar bifacial modules, each with a minimum wattage output of 540 Wp, for projects totaling 1,255 MW at Khavda Solar Park in Gujarat’s Kutch district. : psuconnect.in
NLCIL celebrates 68th Raising Day
New Delhi : The 68th Raising Day of NLC India Limited was celebrated on 20th May, 2024 at Neyveli in a grand manner. The celebration commenced with the garlanding of the statue of Shri Jambulinga Mudaliar in Neyveli Township. : psuconnect.in
RECPDCL Releases Tender For 200 MW Solar Project In Jhansi
New Delhi : RECPDCL Releases Tender For 200 MW Solar Project In Jhansi. : saurenergy.com
PGCIL’s Q4 net profit dips 3.6%
New Delhi : Power Grid Corporation of India Ltd (PGCIL)’s consolidated net profit for the quarter ended March dropped 3.6% on-year to ??4,166 crore. : Economic Times
NTPC’S FORMER DIRECTOR RAMESH BABU V APPOINTS AS MEMBER OF CENTRAL ELECTRICITY REGULATORY COMMISSION
New Delhi : Shri Ramesh Babu V. has taken oath of office and secrecy as Member, Central Electricity Regulatory Commission, on May 21, 2024. The oath of office and secrecy was administered to him, by the Union Minister for Power and New & Renewable Energy Shri R. K. Singh. : globalgreenews.com
NTPC’s Internal Audit adjudged as ‘Internal Auditor Of The year’ award
New Delhi : NTPC Internal Audit Team shared the winning moments of the “Internal Auditor of the Year” award with the Director (Finance). : psuconnect.in
Oil and Gas
” New Delhi : Oil India Limited (OIL), India’s oldest Oil & gas Company & the youngest Maharatna CPSE of Govt. of India and Numaligarh Refinery Limited (NRL), OIL’s material subsidiary companysigned a new long-term Definitive Agreement for the transportation of additional petroleum products through OIL’s Numaligarh-Siliguri Product Pipeline (NSPL) following the commissioning of Numaligarh Refinery Expansion Project.” : Sarkaritel.com
” Chennai : The National Green Tribunal’s (NGT) southern bench on Wednesday imposed a fine of Rs 5 crore on the Chennai Petroleum Corporation Ltd (CPCL) in a case related to the oil leak into the sea off Tamil Nadu’s Nagapattinam in March 2023. Judicial member, Justice Pushpa Satyanarayana and expert member Satyagopal Karlapati pronounced the judgment on a suo moto case on the incident.” : Sarkaritel.com
India to gain as global oil prices decline despite geopolitical tensions
New Delhi : Oil prices declined for a third day in a row in the international market on Wednesday, despite geopolitical tensions, as the US Federal Reserve is not expected to reduce interest rates any time because of the high inflation rate. Prices of the benchmark Brent crude have now come down to $82.28 a barrel from close to $84 a barrel at the end of last week. : Sarkaritel.com
India’s Russian oil imports rise to nine-month high in April
New Delhi : India’s Russian oil imports rise to nine-month high in April. : Economic Times
Oil India signs agreement with NRL for transportation of additional petroleum productsthrough NSPL
New Delhi : Oil India Limited (OIL), India’s oldest Oil & gas Company and Numaligarh Refinery Limited (NRL), OIL’s material subsidiary company on Wednesday signed a new long-term Definitive Agreement for the transportation of additional petroleum products through OIL’s Numaligarh-Siliguri Product Pipeline (NSPL) following the commissioning of Numaligarh Refinery Expansion Project. : Economic Times
Petronet LNG posts highest-ever net profit in FY24; 20% rise in Q4
New Delhi : India’s largest liquefied natural gas importer — on Wednesday reported a 20 per cent rise in the March quarter net profit on the back of importing higher LNG volumes. : millenniumpost.in
Petronet LNG Q4 net profit rises 24% to Rs 734 crore; declares final dividend
New Delhi : Petronet LNG Limited on May 22 reported an increase of 24 percent in consolidated net profit year-on-year at Rs 734.07 crore in the fourth quarter of financial year 2023-24. : Moneycontrol.com
Petronet LNG Q4 results: Net profit increases 20% to Rs 738 crore
New Delhi : Petronet LNG Ltd — India’s largest liquefied natural gas importer — on Wednesday reported a 20 per cent rise in the March quarter net profit on the back of importing higher LNG volumes. : Business Standard
OIL signs agreement with NRL for transportation of additional petroleum products through NSPL
New Delhi : Oil India Limited (OIL) on Wednesday said that it has signed an agreement with Numaligarh Refinery Limited (NRL) for transportation of additional petroleum products through its Numaligarh-Siliguri Product Pipeline (NSPL) for 25 years. : psuwatch.com
India’s crude oil imports hit record high in April 2024 amid rising demand
New Delhi : India’s crude oil imports during April 2024 rose to their third highest level on record as supplies have risen to meet the domestic demand for auto fuels as well as for export opportunities in the northern hemisphere ahead of the summer travel season. : psuconnect.in
Petrol And Diesel Prices Decreases Marginally In Bhubaneswar On May 22, Check Rates In All Major Cities
Bhubaneswar : The rates of petrol and diesel have decreased marginally in Odisha’s capital city Bhubaneswar on Wednesday. Petrol cost has been recorded at Rs 100.97 per litre while diesel price is at Rs 92.55 per litre on May 22, 2024. : kalingatv.com
India has a rare request for Reliance & state refiners on Russia oil deal
New Delhi : India has a rare request for Reliance & state refiners on Russia oil deal. : Economic Times
Reliance signs up with Norway’s Nel for hydrogen electrolysers
New Delhi : Reliance signs up with Norway’s Nel for hydrogen electrolysers. : Economic Times
Auditors flag unpaid ‘use or pay’ charges of Rs 1,832 crore at Petronet LNG
New Delhi : Auditors have flagged the unpaid ‘use or pay’ charges of Rs 1,832 crore at Petronet LNG, the country’s largest operator of natural gas import terminals. : Economic Times
Oil prices stable as markets believe major stakeholders don’t want hostilities to escalate: Hardeep Singh Puri
New Delhi : Global oil prices are holding despite substantial supply cuts by OPEC countries, wars and other uncertainties as markets believe that all major stakeholders don’t want large-scale hostilities, oil minister Hardeep Singh Puri has said. : Economic Times
Petronet LNG posts highest-ever net profit in FY24; announces dividend
New Delhi : Petronet LNG Ltd—India’s largest liquefied natural gas importer—on Wednesday reported a 20% rise in the March quarter net profit on the back of importing higher LNG volumes. : cnbc.com
Oil slides for third straight session on high US Fed rate outlook, weaker demand; Brent sticks to $82/bbl
New Delhi : Crude oil prices declined nearly one per cent on Wednesday, May 22, retreating for a third straight day on expectations that US interest rate cuts might be delayed due to sustained inflation, a move that could weaken the oil demand. : Mint
Higher output, reasonable valuations positive for upstream major ONGC
New Delhi : Upstream majors ONGC and Oil India (OIL) results for the January-March quarter (Q4) of FY24 suggest better production in future. But OIL missed its own production targets although it delivered higher volumes and it disappointed the market in terms of Ebitda. : Business Standard
Petronet LNG posts highest-ever net profit in FY’24
New Delhi : Petronet LNG Limited, India’s largest liquefied natural gas importer, on Wednesday reported a 20 percent rise in the March quarter net profit on the back of importing higher LNG volumes. : psuwatch.com
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On May 22
New Delhi : Petrol and Diesel Prices On May 22, 2024: Oil marketing companies have released petrol and diesel prices for May 22, 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
