13-Nov-2024
Power
” New Delhi : The conference of Power Ministers of State/ UTs was held on 12th November 2024 in New Delhi. Manohar Lal, Union Minister of Power and Housing and Urban Affairs chaired the conference.” : Sarkaritel.com
BHEL emerges as successful bidder for 3×800 MW Telangana Stage-II Supercritical Thermal Power Plant of NTPC
New Delhi : Bharat Heavy Electricals Limited (BHEL) has emerged as the successful bidder in a major contract of NTPC Ltd. for the establishment of the main plant package of the 3×800 MW Telangana Stage-II supercritical thermal power plant. : Sarkaritel.com
India’s solar product exports record over 20-fold jump to $2 bn in last 2 years
New Delhi : India’s exports of solar photovoltaic (PV) products surged 23 times to $2 billion in the fiscal year (FY) 2024 from FY22, according to a new report. : Sarkaritel.com
Servotech bags 2 MW solar plant contract from UPNEDA
New Delhi : Servotech bags 2 MW solar plant contract from UPNEDA. : Economic Times
L&T Energy bags NTPC orders for thermal power plants in Madhya Pradesh, Bihar
New Delhi : L&T Energy bags NTPC orders for thermal power plants in Madhya Pradesh, Bihar. : Economic Times
India’s solar product exports record over 20-fold jump to $2 bn in last 2 years
New Delhi : India’s solar product exports record over 20-fold jump to $2 bn in last 2 years. : Economic Times
Centre suggests states to list power firms, tackle rising AT&C losses
New Delhi : Centre suggests states to list power firms, tackle rising AT&C losses. : Economic Times
Sunkind gets 570-MW solar project from Maharashtra govt
New Delhi : Sunkind gets 570-MW solar project from Maharashtra govt. : Economic Times
BHEL to set up NTPC’s Telangana super critical thermal power plant
New Delhi : BHEL to set up NTPC’s Telangana super critical thermal power plant. : Economic Times
Consider listing some power utilities, power minister Manohar Lal tells states
New Delhi : The union power ministry has suggested states to consider listing some of their companies in the power sector on the stock exchanges, starting with transmission companies, for investment required in the future, power minister Manohar Lal said on Tuesday. : Economic Times
Centre says states should list financially viable power utilities; ?42 tn investment needed in power sector by 2030
New Delhi : States should consider listing their power utilities including generation, transmission and distribution companies which are financially viable, in a bid to raise funds and increase operational efficiency, the Union power minister said. : Mint
India’s renewable energy capacity rises 13.5% to 203 GW in October
New Delhi : India’s total renewable energy capacity increased by 13.5 per cent or 24.2 GW in a year to reach at 203.18 GW in October 2024 from 178.98 GW in October 2023, an official statement said. : Business Standard
Govt asks states to consider setting up nuclear-based power plants
New Delhi : Power minister Manohar Lal Khattar on Tuesday asked the states that are away from coal resources to consider setting up nuclear-based power plants, besides identifying and listing of the power utilities to meet investments to support growing power demand. : Business Standard
Nepal allocates 960 MW in PV tender with lowest bid of $0.037/kWh
New Delhi : The Nepal Electricity Authority (NEA) has published the list of the selected projects for the solar energy tender it launched in June. : pv-magazine.com
Sunkind secures 10.4 MW Mahagenco solar EPC contract
New Delhi : Sunkind has secured a 10.4 MW grid-interactive, ground-mounted solar EPC project from Maharashtra State Power Generation Co. Ltd (Mahagenco) under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 (MSKVY 2.0) scheme. : pv-magazine.com
Coal Ministry Receives Strong Industry Participation In Financial Incentive Scheme For Coal Gasification Projects
New Delhi : The Ministry of Coal (MoC) has received an enthusiastic response to the Financial Incentive Scheme aimed at promoting coal gasification projects, marking a significant milestone in India’s transition towards a sustainable, low-carbon future. : indianpsu.com
High installation cost, skill shortage key barriers to solar adoption: Report
New Delhi : High installation cost, skill shortage key barriers to solar adoption: Report. : Economic Times
Only 8 nations raise renewable targets after COP28, global goal still far off
New Delhi : Only 8 nations raise renewable targets after COP28, global goal still far off. : Economic Times
Tembo Global bags ?595 crore solar contract from Maharashtra state electricity distribution
New Delhi : Tembo Global bags ?595 crore solar contract from Maharashtra state electricity distribution. : Economic Times
Power Grid acquires transmission project in Rajasthan
New Delhi : Power Grid acquires transmission project in Rajasthan. : Economic Times
India asks states to consider setting up nuclear power plants, list power utilities
New Delhi : India’s federal power minister on Tuesday asked the states that are away from coal resources to consider setting up nuclear-based power plants, besides identifying and listing of the power utilities to meet investments to support growing power demand. : Economic Times
NTPC Green Energy IPO targets $12 billion valuation in one of India’s biggest renewable listings
New Delhi : NTPC Green Energy Limited is considering seeking a valuation of nearly $12 billion for its upcoming initial public offerings (IPO), potentially making it one of the biggest IPOs in the renewable energy industry, news agency Bloomberg reported on Tuesday, November 12, citing people aware of the development. : Mint
Solex Energy net profit rises to Rs 13 cr in Apr-Sep on higher income
New Delhi : Solex Energy on Tuesday reported a multi-fold jump in consolidated net profit to Rs 13 crore in the April-September period of FY25, on account of higher income. : Business Standard
States should list gencos and discoms: Power Minister M L Khattar
New Delhi : Citing that the country’s power sector would require investments to the tune of Rs 22 trillion in this decade, Union Minister for Power M L Khattar urged states to publicly list their profit-making entities. : Business Standard
Thermal coal imports plunge by 31% in Oct on slow power generation
New Delhi : India’s imports of thermal coal plunged by about a third on an annual basis in October, according to data analytics firms Bigmint and Kpler, due to slowing power generation and higher clean energy output. : Business Standard
Rajasthan launches 282 MW rooftop solar tender
New Delhi : Rajasthan Renewable Energy Corp. Ltd (RREC) has invited bids to set up 282 MW of grid-connected rooftop solar PV projects on state government buildings at various locations in Rajasthan. : pv-magazine.com
India adds 24.2GW RE capacity over the past year
New Delhi : India’s renewable energy sector has experienced a robust expansion over the past year, according to data released by the Ministry of New and Renewable Energy (MNRE). : psuwatch.com
Power Grid acquires transmission Project in Rajasthan through TBCB
New Delhi : Power Grid Corporation of India Ltd has acquired a transmission project in Rajasthan. The project has been secured through tariff-based competitive bidding. : psuconnect.in
Oil and Gas
” New Delhi : Union Minister for Petroleum and Natural Gas Hardeep Singh Puri has said through biofuel blending,the country could save 91,000 crore rupees on the import bill and this money could be utilized for the benefit of the agricultural sector.” : Sarkaritel.com
” New Delhi : The Energy Technology Meet (ETM) 2024, organized by the Centre for High Technology (CHT) and co-hosted by Indian Oil Corporation Ltd. (IndianOil), commenced today in Bengaluru, bringing together industry experts, researchers, policymakers, and innovators under the theme “Green Energy Horizons: Advancing Sustainable Refining and Petrochemicals.”” : Sarkaritel.com
” New Delhi : Hindustan Petroleum Corporation Limited (HPCL) has once again demonstrated its excellence in Public Relations and Corporate Communications by securing an impressive 10 prestigious awards at the PRCI Excellence Awards 2024.” : Sarkaritel.com
Indian Oil aims to finish expansion of Panipat, Gujarat, Barauni refineries by December 2025
New Delhi : Indian Oil Corp expects to complete expansion of its refineries in Panipat, Gujarat and Barauni by December of next year, said sources familiar with the information on Tuesday. : Economic Times
RIL to invest Rs 65,000 crore in 500 CBG plants in Andhra Pradesh
New Delhi : Mukesh Ambani-promoted Reliance Industries (RIL) on Tuesday signed a memorandum of understanding (MoU) to invest Rs 65,000 crore in setting up of 500 compressed biogas (CBG) plants in Andhra Pradesh (AP). : Business Standard
India shaping up as refining hub, to rely on fossil fuels until 2040, oil minister says
New Delhi : India, the world’s No.3 oil importer and consumer, is expected to rely on fossil fuels until at least 2040 and is positioning itself as a refining hub, Oil Minister Hardeep Singh Puri told Reuters on Tuesday. : Economic Times
Reliance Industries to invest Rs 65,000 crore in Andhra for biogas plants
New Delhi : The Andhra Pradesh government and Reliance Group on Tuesday signed a deal worth Rs 65,000 crore to establish 500 compressed bio-gas (CBG) plants in the state over the next three years. : Business Standard
Russian oil output broadly stable in Oct at 9.01 mn barrels per day: Opec
New Delhi : Russia’s crude oil output edged up in October by 9,000 barrels per day (bpd) to about 9.01 million bpd, the Organization of the Petroleum Exporting Countries (Opec) said on Tuesday, citing data from secondary sources such as consultancies. : Business Standard
PM to inaugurate major petroleum and natural gas projects worth Rs 4,027 crore
New Delhi : The Prime Minister is set to launch and dedicate a series of high-impact initiatives within India’s petroleum and natural gas sector, valued at Rs. 4,027 crore, on November 13. : psuwatch.com
MRPL secures 8 awards at Global Communication Conclave of PRCI
New Delhi : Mangalore Refinery and Petrochemicals Limited (MRPL) made an impressive mark at the 18th Global Convention of the Public Relations Council of India (PRCI), held in Mangaluru on November 8-9, 2024. : psuconnect.in
Oil prices hold their ground after falling on China stimulus
New Delhi : Oil prices hold their ground after falling on China stimulus. : Economic Times
Oil prices steady ahead of OPEC report, China stimulus limit gains
New Delhi : Oil prices steady ahead of OPEC report, China stimulus limit gains. : Economic Times
Fire at Vadodara IOCL refinery: Death toll rises to 2
New Delhi : The death toll in a fire at the Indian Oil Corporation (IOCL) refinery in Gujarat’s Vadodara city has gone up to two, while another injured person was undergoing treatment, police said on Tuesday. : Economic Times
OPEC again cuts 2024, 2025 oil demand growth forecasts
New Delhi : OPEC on Tuesday cut its forecast for global oil demand growth in 2024 and also lowered its projection for next year, marking the producer group’s fourth consecutive downward revision. : Economic Times
Shaping up as refining hub, will rely on fossil fuels until 2040, says Puri
New Delhi : India, the world’s No.3 oil importer and consumer, is expected to rely on fossil fuels until at least 2040 and is positioning itself as a refining hub, Oil Minister Hardeep Singh Puri told Reuters on Tuesday. : Business Standard
Norway okays $1.6 bn govt takeover of extensive gas pipeline network
New Delhi : Norway has reached a deal with seven private owners for a government takeover of much of the country’s extensive gas pipeline network, the Norwegian energy ministry said on Tuesday. : Business Standard
Opec cuts forecast for 2024 oil demand growth, lowers projection for 2025
New Delhi : Opec on Tuesday cut its forecast for global oil demand growth in 2024 and also lowered its projection for next year, marking the producer group’s fourth consecutive downward revision. : Business Standard
India Saved 91,000 Crore Rupees On Import Bill Through Biofuel Blending
New Delhi : Union Minister for Petroleum and Natural Gas Hardeep Singh Puri has said through biofuel blending, the country could save 91,000 crore rupees on the import bill and this money could be utilized for the benefit of the agricultural sector. : indianpsu.com
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On November 12
New Delhi : Petrol, Diesel Prices Today On November 12, 2024: Every day at 6 a.m., oil marketing companies (OMCs) announce the price of petrol and diesel, maintaining consistency despite these commodities’ inherent volatility. : news18.com
