04-Nov-2024

Power

Public Sector NewsSlider Coal India Ltd steps into 50th year with 9-fold leap in production

New Delhi : State-owned Coal India Limited (CIL) stepped into its 50th year of inception, recording a spectacular 8.7-fold growth in production from 89 million tonne (MT) during 1975-76, to a massive 773.6 MT output in the FY 2024. : Sarkaritel.com

NTPC Bongaigaon Observes Vigilance Awareness Week 2024

New Delhi : NTPC Bongaigaon joined the nation in observing Vigilance Awareness Week from October 28 to November 3, 2024 on the theme “Culture of Integrity for Nature’s Prosperity. : psuconnect.in

Andhra Pradesh govt to set up renewable energy zones to promote green energy power plants

New Delhi : Andhra Pradesh govt to set up renewable energy zones to promote green energy power plants. : Economic Times

Union Home Minister Amit Shah inaugurates Gujarat’s largest waste-to-energy plant in Ahmedabad

Ahmedabad : Union Home Minister Amit Shah inaugurates Gujarat’s largest waste-to-energy plant in Ahmedabad. : Economic Times

Adani reduces power supply to Bangladesh by half over outstanding bills: Report

New Delhi : Adani reduces power supply to Bangladesh by half over outstanding bills: Report. : Economic Times

Coal India celebrates 50th Foundation Day

New Delhi : Coal India Limited (CIL) marked a historic milestone today as it celebrated its 50th Foundation Day, entering a golden jubilee year of operations. : psuwatch.com

Gensol Secures Rs 780 Crore Project from leading public sector utility

Ahmedabad : The leading player in the renewable energy sector, Gensol Engineering Limited has secured a large turnkey EPC order from a leading public sector utility in Maharashtra. : psuconnect.in

Adani may pull the power plug on Bangladesh if dues not settled by November 7

New Delhi : Gautam Adani-led Adani Power may stop supplying power to Bangladesh if that country does not settle its dues by November 7, said people aware of the development. : Economic Times

Captive hydropower gives Tata Power a leg up in race for pumped storage power

New Delhi : At a time when renewable energy companies are in a rush to secure sites for pumped-storage hydropower plants, Tata Power will be boosted in the race with its captive hydropower plants, the company’s CEO and managing director Praveer Sinha said. : Mint

SECI major solar power project hits roadblock as bidding goes awry

New Delhi : A recent tender floated by Solar Energy Corporation of India (SECI) took a curious turn as invalid bank documents submitted by a prominent bidder landed an important project in trouble. : Business Standard

Coal India has to ramp up production to higher levels: Coal Minister

New Delhi : Coal production through domestic sources is important to avoid expensive imports and Coal India Ltd (CIL) has to ramp up production to higher levels in the future, Coal minister G Kishan Reddy said, as the state-owned behemoth entered its 50th year. : psuwatch.com

Power consumption in October rises marginally to 140.4 bn units

New Delhi : In October, India’s power consumption saw a slight increase of about one percent, reaching 140.47 billion units (BU) compared to the same month last year. This growth is largely attributed to a heavier base effect. : psuconnect.in

Amit Shah inaugurates Gujarat’s largest waste-to-energy plant in Ahmedabad

New Delhi : On the eve of the Gujarati New Year, Union Home Minister Amit Shah on Friday inaugurated the state’s largest waste-to-energy plant in Ahmedabad as a step towards a ‘Clean Ahmedabad’. : Business Standard

Oil and Gas

Iraq reduces oil exports to 3.3 million barrels per day

New Delhi : Iraq’s Oil Ministry said that the country has reduced its oil production and cut its crude exports to 3.3 million barrels per day, in line with its commitment to the OPEC+ agreement on output cuts. “We confirm that Iraq has lowered its oil production and reduced its exports to 3.3 million barrels per day, along with limiting domestic consumption,” the ministry said in a statement on Friday. : Sarkaritel.com

ONGC ups capex at Rs 15,550 crore in Q2

New Delhi : Oil and Natural Gas Corporation (ONGC) has accelerated its capital expenditure, spending about Rs 15,550 crore in the second quarter of this financial year, nearly double its first-quarter spending and making up nearly 40% of all state-run oil companies’ combined capex. : Economic Times

ONGC elevated capital expenditure of Rs 15,550 crore in Q2

New Delhi : State-owned Oil and Natural Gas Corporation (ONGC) has increased its capital expenditure of about Rs 15,550 crore in the second quarter of this financial year, doubling its first-quarter spending and making up nearly 40% of all state-run oil companies’ combined capex. : psuconnect.in

Oil prices settle up slightly on Iran worries, but prices down for week

New Delhi : Oil prices settle up slightly on Iran worries, but prices down for week. : Economic Times

Adani Total Gas bets on LNG for transport and mining segments

New Delhi : Adani Total Gas (ATGL), the equal joint venture of Adani Gas and French energy major Total Gas, plans to harness liquefied natural gas for the transport and mining segments. : Economic Times

OPEC+ agrees to delay December output hike for one month, sources say

New Delhi : OPEC+ has agreed to delay a planned December oil output increase by one month, three sources from the producer group told Reuters on Sunday, as weak demand notably from China and rising supply outside the group maintain downward pressure on the oil market. : Economic Times

ONGC fails to get partner for Deen Dayal gas field for third time: Report

New Delhi : State-owned Oil and Natural Gas Corporation (ONGC) has failed to get a partner for third time for the Deen Dayal gas field in the KG basin in the Bay of Bengal, said a report by news agency PTI. : Mint

Oil drops 4% in five days on record US crude output ahead of US elections, Fed verdict; Brent settles at $73/bbl

New Delhi : International crude oil prices edged up in the previous session on reports that Iran was preparing a retaliatory strike on Israel from Iraq in the coming days. : Mint

Opec+ agrees to delay planned December output increase for one month

Petrol, jet fuel, LPG sales surge as economy picks up pace

New Delhi : India’s petrol, aviation turbine fuel, and LPG consumption shot up in October this year compared to the same month last year, reflecting the rising demand for these fuels in a growing economy. : Sarkaritel.com

ATF price hiked 3 pc, commercial LPG up INR 62 per cylinder

New Delhi : ATF price hiked 3 pc, commercial LPG up INR 62 per cylinder. : Economic Times

Russia’s Oct pipeline gas exports to Europe up 2.5% y/y, calculations show

New Delhi : Russia’s Oct pipeline gas exports to Europe up 2.5% y/y, calculations show. : Economic Times

Venezuela’s oil exports hit a 4-year peak on higher output, sales to US, India

Houston : Venezuela’s oil exports hit a 4-year peak on higher output, sales to US, India. : Economic Times

India, Saudi Arabia exploring collaboration in new technologies, clean hydrogen

New Delhi : India, Saudi Arabia exploring collaboration in new technologies, clean hydrogen. : Economic Times

ONGC draws a blank on offer of stake in Deen Dayal gas field

New Delhi : State-owned Oil and Natural Gas Corporation’s (ONGC) third attempt to get a partner to rescue the Deen Dayal gas field in the KG basin in Bay of Bengal has met with the same fate as previous efforts as it got no bids, sources said. : Economic Times