24-May-2024
Power
NHPC expects to complete all 4 units of Parbati-II hydro electric project by Dec 2024
New Delhi : NHPC expects to complete all 4 units of Parbati-II hydro electric project by Dec 2024. : Economic Times
Power Grid’s FY24 profits surge to ?15,573 crore, announces ?11.25 dividend per share
New Delhi : Power Grid’s FY24 profits surge to ?15,573 crore, announces ?11.25 dividend per share. : Economic Times
Avaada Energy secures 1,050 MWp solar power project from NTPC
New Delhi : Avaada Energy on Thursday announced that it has bagged a 1050 MWp (megawatt peak) solar project in a recent tender issued by state-run power producer NTPC. : Mint
NHPC issues updates of Subansiri Lower HE Project, Parbati-II HE Project, Teesta-V Power Station
New Delhi : NHPC Ltd has announced the updates of its ongoing projects namely, Subansiri Lower HE Project (2000 MW), Arunachal Pradesh and Assam, Parbati-II HE Project (800 MW), Himachal Pradesh, Teesta-V Power Station (510 MW), Sikkim. : psuconnect.in
NTPC Korba inaugurates Girl Empowerment Mission 2024
New Delhi : NTPC Korba, on 22 May 2024, welcomed Shri C. Sivakumar, RED (WR-II, USSC & Ash New Initiatives) and Smt. C. Padamaja, President, Arpita Mahila Samiti. : psuconnect.in
Ind-Ra revises outlook for thermal and wind sectors, maintains stable forecast for infrastructure in FY25
New Delhi : Ind-Ra revises outlook for thermal and wind sectors, maintains stable forecast for infrastructure in FY25. : Economic Times
Solex Energy partners GMEE SC Solar, ATW for supply of advance manufacturing lines
New Delhi : Solex Energy partners GMEE SC Solar, ATW for supply of advance manufacturing lines. : Economic Times
India must triple renewable installations, boost investments to meet 2030 goals
New Delhi : India must triple renewable installations, boost investments to meet 2030 goals. : Economic Times
Torrent Power Q4 Results: Net profit falls 8% to Rs 447 crore
New Delhi : Torrent Power Q4 Results: Net profit falls 8% to Rs 447 crore. : Economic Times
IIT-Madras, Shell India open energy research centre
New Delhi : IIT-Madras, Shell India open energy research centre. : Economic Times
Vedanta Aluminium turning to renewables, not adding coal capacity: CEO John Slaven
New Delhi : Vedanta Aluminium turning to renewables, not adding coal capacity: CEO John Slaven. : Economic Times
India to ramp up coal production to 1080MT, focuses on mechanization and quality assurance
New Delhi : India to ramp up coal production to 1080MT, focuses on mechanization and quality assurance. : Economic Times
Russia’s Nornickel plans to build a PGMs refinery in Bahrain, source says
New Delhi : Russian metals giant Nornickel plans a joint project for construction of a platinum group metals refinery in Bahrain, a source familiar with the matter told Reuters on Thursday. : Mint
Peak power demand hits season’s high of 235 GW on Wednesday amid heat wave
New Delhi : India’s peak power demand hit the season’s high of 235.06 GW on Wednesday mainly due to excessive use of cooling appliances like air conditioners and coolers amid severe heat waves in most parts of the country. : Business Standard
PUNJAB: SCORCHING HEAT LEADS TO UNEXPECTED INCREASE IN DEMAND FOR ELECTRICITY ACROSS THE STATE
Chandigarh : Severe heat wave conditions continued to sweep Punjab. Bathinda city adjoining Rajasthan has remained the hottest place in the state for the last several days. Scorching heat has led to an unexpected increase in the demand for electricity across the state. : globalgreenews.com
Sterlite Power gets green light for demerger, to split into two entities
New Delhi : Sterlite Power gets green light for demerger, to split into two entities. : Economic Times
Rising temperature drives India’s power demand to new heights in April
New Delhi : Rising temperature drives India’s power demand to new heights in April. : Economic Times
Waaree Energies ltd to supply 445 MW solar modules to Statkraft India
New Delhi : Waaree Energies ltd to supply 445 MW solar modules to Statkraft India. : Economic Times
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
Sterlite Power gets shareholders, creditors’ nod for demerger of transmission business
New Delhi : Sterlite Power Transmission Ltd (SPTL), has received the approval of its shareholders and creditors for the demerger of its transmission business from the company. : Mint
Sterlite Power gets stakeholders’ nod to demerge its biz into 2 entities
New Delhi : Sterlite Power Transmission Ltd (SPTL) on Thursday received the nod of its stakeholders to demerge its business into two entities — the power transmission project development and power equipment manufacturing. : Business Standard
US investing $3.8 bn to meet India’s renewable energy, infra goals: Envoy
New Delhi : US Ambassador Eric Garcetti has said that the United States International Development Finance Corporation is investing $3.8 billion to meet India’s renewable energy and infrastructure goals. : Business Standard
Waaree Energies to supply 445 MW of bifacial solar modules to Statkraft India
New Delhi : Waaree Energies Ltd, India’s largest solar PV module manufacturer, announced this week that it has secured the contract to supply 445 MW of its bifacial modules to Statkraft India’s single-location PV projects in Bikaner, Rajasthan. : pv-magazine.com
SPAIN BECOMES 99TH MEMBER OF INTERNATIONAL SOLAR ALLIANCE
New Delhi : Spain has become the 99th member of the International Solar Alliance. External Affairs Ministry spokesperson Randhir Jaiswal said that Spain handed over the International Solar Alliance Instrument of Ratification, during the meeting of Ambassador José María Ridao Domínguez of Spain with the Head of Depository, Joint Secretary in the External Affairs Ministry Abhishek Singh in New Delhi today. : globalgreenews.com
Avaada Energy bags 1,050 MWp solar project
New Delhi : Avaada Energy on Thursday said it has secured a solar project of 1,050 MWp (megawatt peak) through a bidding process. : psuwatch.com
PGVCL Allocates 479 MW Capacity Solar Projects Under PM KUSUM-C
New Delhi : PGVCL Allocates 479 MW Capacity Solar Projects Under PM KUSUM-C. : saurenergy.com
Peak power demand breaches estimated 235-GW mark for May
New Delhi : The peak power demand in India breached the estimated 235-GW mark for daytime on May 23 as heat wave conditions and above normal temperature continue for the last several days. : Economic Times
Rajasthan govt plans investor summit in Jaipur to develop solar power
New Delhi : The Bharatiya Janata Party government in Rajasthan is planning to organise an investment summit in Jaipur later this year to help industries and develop solar power.. : Business Standard
Oil and Gas
BPCL CVO Meenaxi Rawat (IES) gets 2 years extension
New Delhi : Meenaxi Rawat (IES) will continue be serving as Chief Vigilance Officer (CVO) of Bharat Petroleum Corporation Limited (BPCL) for two more years as the Central Government has approved the proposal for her extension on May 20. : psuwatch.com
GAIL To Set Up 26 Bio CNG Plants In JV Partnership
New Delhi : State-owned GAIL (India) Ltd. plans to set up around 26 Bio CNG plants over the next two to three years, both as producers as well as joint venture partners with raw material suppliers or biogas producers. : psuconnect.in
Nagapattinam oil spill: NGT orders CPCL to pay penalty of Rs 5 crore
New Delhi : Nagapattinam oil spill: NGT orders CPCL to pay penalty of Rs 5 crore. : Economic Times
India, Egypt top destinations for Russian seaborne fuel oil, VGO exports in April, LSEG data shows
New Delhi : India, Egypt top destinations for Russian seaborne fuel oil, VGO exports in April, LSEG data shows. : Economic Times
GPS Renewables, SAF One to build 30 million liter sustainable aviation fuel facility in India
New Delhi : GPS Renewables, SAF One to build 30 million liter sustainable aviation fuel facility in India. : Economic Times
Profit of oil companies will decrease in FY25 as refining margin drops
New Delhi : Profit of oil companies will decrease in FY25 as refining margin drops. : Economic Times
India’s use of crude tankers to export diesel to European Mkts slows in May
New Delhi : Indian refiners’ use of crude oil vessels to ship refined fuels such as diesel to key European markets has diminished in May after volumes neared two-year high levels last month, trade sources and analysts said. : Business Standard
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On May 23
New Delhi : Petrol and Diesel Prices On May 23, 2024: Fresh petrol, and diesel prices have been released across the country on Thursday, May 23. Fuel prices in the country are decided based on international crude oil prices. Because of this, the effect of change in crude oil prices is seen in the price of petrol and diesel in the country. : news18.com
India’s use of crude tankers to export diesel slows in May
New Delhi : India’s use of crude tankers to export diesel slows in May. : Economic Times
ADNOC raises $935 mln from 5.5 per cent additional stake sale in drilling unit
New Delhi : ADNOC raises $935 mln from 5.5 per cent additional stake sale in drilling unit. : Economic Times
India’s use of crude tankers to export diesel slows in May
New Delhi : Indian refiners’ use of crude oil vessels to ship refined fuels such as diesel to key European markets has diminished in May after volumes neared two-year high levels last month, trade sources and analysts said. : Economic Times
Oil drops for fourth straight session as hawkish US Fed stance weakens demand outlook; Brent at $81/bbl
New Delhi : Oil prices declined on Thursday, May 23, for the fourth session in a row, as the prospect of higher-for-longer US interest rates raised worries around demand growth in the world’s biggest oil market. : Mint
Oil to trade rangebound amid lack of bullish triggers; check key MCX levels
New Delhi : Oil prices have been trending down since the start of the week, meanwhile, on the back of grim demand expectations because of persistently high interest rates. Prices of both the benchmark slid on Wednesday, with Brent crude futures settling 1.18 per cent lower at $81.90 a barrel. : Business Standard
