01-Oct-2024
Power
” New Delhi : The Swachhata Hi Seva campaign is being organised by NLCIL at Neyveli and all its subsidiary projects, from 15.09.2024 to 02.10.2024 under the Swachhata Mission envisioned by Prime Minister Narendra Modi.” : Sarkaritel.com
REC Raises CBDT Notified Zero Coupon Bonds of Rs 5000 crore
New Delhi : REC Limited has successfully raised CBDT notified Zero Coupon Bonds (ZCB) of Rs 5,000 crore at the effective yield of 6.25 % p.a. REC bonds received tremendous response from the market as the bond was oversubscribed 7 times over the issue size of Rs. 5,000 Crore. : Sarkaritel.com
” New Delhi : On the occasion of Rising Rajasthan Investor Meet at New Delhi, NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Ltd, signed a Memorandum of Understanding (MoU) with Govt of Rajasthan on 30th September 2024 for development of 25 GW of Renewable Energy Projects in the state of Rajasthan.” : Sarkaritel.com
Huge response for REC’s zero-coupon bonds
New Delhi : Government-owned public financial institution REC Ltd received a huge response to its issuance of zero coupon bonds (ZCBs), with investors placing bids aggregating ?33,671.32 crore against the notified amount of ?5,000 crore due to favourable tax treatment of these bonds. : Business Line
REC raises CBDT notified ZCBs of Rs 5K cr at effective yield of 6.25% per annum
Gurgoan, Haryana : REC Limited has successfully raised CBDT notified Zero Coupon Bonds (ZCBs) of Rs 5,000 crore at the effective yield of 6.25 per cent per annum. : millenniumpost.in
REC’s deep-discount zero-coupon bond issuance receives strong demand
New Delhi : REC Limited on Monday raised Rs 5,000 crore through CBDT-notified zero-coupon bonds (ZCBs) at an effective yield of 6.25 per cent per annum. The issue met with overwhelming demand, as the bond was oversubscribed seven times over the issue size of Rs 5,000 crore. : Business Standard
India to boost crude oil refining capacity by 35-40 MT by Fiscal 2030: Crisil Ratings
New Delhi : India to boost crude oil refining capacity by 35-40 MT by Fiscal 2030: Crisil Ratings. : Economic Times
Gujarat leads with 14.7 GW solar capacity, eyes 31.9 GW hybrid projects: Arun Mahesh Babu
New Delhi : Gujarat leads with 14.7 GW solar capacity, eyes 31.9 GW hybrid projects: Arun Mahesh Babu. : Economic Times
India needs more time for transition from coal: Experts
New Delhi : India needs more time for transition from coal: Experts. : Economic Times
REC Eyes Funding Nuclear Power, Cross-Border Transmission Projects
New Delhi : REC Eyes Funding Nuclear Power, Cross-Border Transmission Projects. : Mint
Three Adani portfolio companies join World Economic Forum’s ‘Transitioning Industrial Clusters’ initiative
New Delhi : Adani Enterprises Ltd (through its arm Adani New Industries Ltd), Adani Ports and Special Economic Zone Ltd (APSEZ), and Ambuja Cements Ltd have joined the World Economic Forum’s ‘Transitioning Industrial Clusters’ initiative. : pv-magazine.com
REC Raises CBDT Notified Zero Coupon Bonds of Rs 5000 Cr
Gurgoan, Haryana : REC Limited has successfully raised CBDT notified Zero Coupon Bonds (ZCB) of Rs 5,000 crore at the effective yield of 6.25 % p.a. : globalgreenews.com
NTPC Talcher sponsors Odisha Mountaineer’s expedition to Mount Elbrus
New Delhi : NTPC Talcher Thermal has sponsored Bibharani Patra, a mountaineer from Odisha for her successful expedition to Mount Elbrus, the highest peak in Europe and Russia. : psuwatch.com
REC raises Rs 5,000 crore through zero coupon bonds
New Delhi : REC Limited has successfully raised Rs 5,000 crore through CBDT-notified Zero Coupon Bonds (ZCBs) with an effective yield of 6.25 percent per annum. : psuwatch.com
CREDA wins 9th ‘National Energy Management Award’
New Delhi : Chhattisgarh Renewable Energy Development Agency (CREDA) has won the National Energy Management Award. CREDA CEO Rajesh Singh Rana (IAS) received the award given away to the agency in the Star Performance Award Category in an event organised here in New Delhi. : psuwatch.com
NLC India aims critical mineral mining capacity of 1 MTPA by FY30
New Delhi : tate-owned NLC India is looking forward in the process of participating in the upcoming auctions of critical mineral resources and aims to achieve the annual capacity of mining one million tonnes of such materials by 2029-30. : psuconnect.in
REC Raises CBDT Notified Zero Coupon Bonds of Rs 5000 crore
New Delhi : REC Limited has successfully raised CBDT notified Zero Coupon Bonds (ZCB) of Rs 5,000 crore at the effective yield of 6.25 % p.a. : psuconnect.in
” New Delhi : In a remarkable display of support for local talent, NTPC Talcher Thermal has sponsored Smt. Bibharani Patra, a mountaineer from Odisha for her successful expedition to Mount Elbrus, the highest peak in Europe and Russia.” : Sarkaritel.com
REC raises Rs 5,000 crore through zero coupon bonds
New Delhi : REC Limited has successfully raised Rs 5,000 crore through CBDT-notified Zero Coupon Bonds (ZCBs) with an effective yield of 6.25 percent per annum. The bond issuance was met with strong demand, being oversubscribed seven times its original size. : psuwatch.com
REC Successfully Raises Rs 5,000 Cr Via CBDT-Notified Zero Coupon Bonds
New Delhi : REC, a leading public infrastructure finance company, has successfully raised Rs 5,000 crore through CBDT-notified Zero Coupon Bonds (ZCB) at an effective yield of 6.25 per cent per annum. : Business World
NLC India eyes critical mineral mining capacity of 1 MTPA by FY30
New Delhi : NLC India eyes critical mineral mining capacity of 1 MTPA by FY30. : Economic Times
Tata Power signs ?1.2 lakh crore MoU with Rajasthan for renewable energy projects
New Delhi : Tata Power signs ?1.2 lakh crore MoU with Rajasthan for renewable energy projects. : Economic Times
L&T gets order to develop, implement energy management systems in south India
New Delhi : L&T gets order to develop, implement energy management systems in south India. : Economic Times
NLCIL produces 1,234 crore units of clean power as it treads green path
New Delhi : NLCIL produces 1,234 crore units of clean power as it treads green path. : Economic Times
Bengal Cabinet okays 660 MW supercritical power plant, 5 other electricity facilities
Kolkata : The West Bengal Cabinet on Monday gave its nod to set up a 660-megawatt supercritical electricity plant at Sagardighi in Murshidabad district, Power Minister Arup Biswas said. : Economic Times
India needs more time for transition from coal: Experts
New Delhi : As the UK officially shut down its last remaining coal power plant on Monday, policy experts said coal will continue to be a part of India’s energy mix for the next few decades, given that it is still a developing country with significant energy needs. : Economic Times
Tata Power to invest ?1.2 trillion in Rajasthan for power distribution, transmission and green transition
New Delhi : Tata Power has signed a memorandum of understanding (MoU) with the Rajasthan government to develop power distribution, transmission, and green energy projects, marking a significant expansion of its renewable energy footprint in the state. : Mint
Tata Power to invest $14.3 billion in Rajasthan over next 10 years
New Delhi : Tata Power on Monday said it has inked an initial pact with the Rajasthan government for investment of Rs 1.2 trillion, including Rs 75,000 crore in green energy, in the state’s power sector. : Business Standard
Solex Energy plans to scale up manufacturing capacity to 15 GW by 2030
New Delhi : Solex Energy has plans to scale up its module manufacturing capacity to 15 gigawatts which would entail an investment of Rs 8,000 crore, CMD Chetan Shah said on Monday. : Business Standard
NGEL signs MoU with Rajasthan govt for development of 25 GW RE projects
New Delhi : On the occasion of Rising Rajasthan Investor Meet in New Delhi, NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Ltd, signed a Memorandum of Understanding (MoU) with the government of Rajasthan on Monday. : psuwatch.com
NHPC commits Rs 50,000 crore investment to develop RE projects in Rajasthan
New Delhi : State-owned hydro power giant NHPC Limited has inked an initial pact to invest Rs 50,000 crore for developing renewable energy projects in the state. : psuwatch.com
H1 Performance: IREDA registers 303% growth in loan sanctions; 56% in disbursements
New Delhi : Indian Renewable Energy Development Agency Limited (IREDA) has reported a remarkable performance in the first half of FY 2024-25. : psuwatch.com
Oil and Gas
Asian Energy Services bags Rs. 82 crore contract from Oil India
New Delhi : Asian Energy Services Limited (AESL), an end-to-end service provider across the entire upstream value chain has secured an order from Oil India for 2D Seismic Data Acquisition of 4,300 LKM in Rajasthan Basin under Mission Anveshan. : psuconnect.in
Greenzo Energy bags green hydrogen project for TANGEDCO’s Ennore SEZ plant
New Delhi : Greenzo Energy bags green hydrogen project for TANGEDCO’s Ennore SEZ plant. : Economic Times
Oil prices set to fall for third month despite Middle East conflict
New Delhi : Oil prices set to fall for third month despite Middle East conflict. : Economic Times
Gas price for Reliance hiked to $10.16; CNG, piped cooking gas rates unchanged
New Delhi : The government on Monday raised the price of natural gas produced from difficult areas like deep sea KG-D6 block of Reliance Industries, marginally to USD 10.16 per million British thermal unit in line with international trends, an official notification said. : Economic Times
Oil prices rise on Middle East supply risks as Israel steps up attacks
New Delhi : Oil prices edged higher on Monday on increasing concerns of potential supply disruptions from the Middle East producing region after Israel stepped up attacks on Iranian-backed forces. : Economic Times
India’s oil-product exports soar amid refinery shutdowns in Europe
New Delhi : Exports of clean oil-product exports from India jumped to their highest since March 2022 as refinery shutdowns in Europe led to a spike in demand from overseas buyers, including nations in Africa. : Economic Times
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On September 30
New Delhi : Petrol, Diesel Prices Today On September 30, 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
Reliance gas price hiked to $10.16, CNG, piped cooking gas rates unchanged
New Delhi : The government on Monday raised the price of natural gas produced from difficult areas like deep sea KG-D6 block of Reliance Industries, marginally to $ 10.16 per million British thermal unit in line with international trends, an official notification said. : Business Standard
Greenzo Energy gets hydrogen project; order book stands at Rs 1,200 cr
New Delhi : Greenzo Energy on Monday said it has secured a multi-crore hydrogen project taking the worth of its total order book to Rs 1,200 crore. : Business Standard
Gas price for Reliance hiked to $10.16; CNG, piped cooking gas rates unchanged
New Delhi : The Government on Monday raised the price of natural gas produced from difficult areas like deep sea KG-D6 block of Reliance Industries, marginally to USD 10.16 per million British thermal unit in line with international trends, an official notification said. : psuwatch.com
Indian Oil Corporation withdraws proposed Rs 22,000 crore rights issue
New Delhi : India’s largest oil marketing company (OMC), Indian Oil Corporation (IOC) on Monday announced the withdrawal of its proposed Rs 22,000 crore rights issue due to no funds being allocated for capital support to the companies in the Union Budget 2024. : Sarkaritel.com
IBA expects to attract Rs 1,600 cr investment for biogas sector at REI 2024
New Delhi : IBA expects to attract Rs 1,600 cr investment for biogas sector at REI 2024. : Economic Times
Honeywell, USA BioEnergy partner for $2.8 billion biorefinery to boost SAF production
New Delhi : Honeywell, USA BioEnergy partner for $2.8 billion biorefinery to boost SAF production. : Economic Times
Oil companies making Rs 15/ltr profit on petrol even as consumers await big price cuts
New Delhi : Indian oil marketing companies (OMCs) are enjoying a windfall, with profits surging as crude oil prices fall. However, citizens continue to wait for a substantial cut in petrol and diesel prices at a time when even food prices and other essentials singe households’ pockets. : Economic Times
After board meeting, Indian Oil withdraws Rs 22,000 crore rights issue
New Delhi : Indian Oil Corporation (IOC) attracted attention on Monday (September 30) following its announcement to withdraw its Rs 22,000 crore rights issue, Livemint reported. : Business Standard
Three Adani portfolio companies join World Economic Forum’s ‘Transitioning Industrial Clusters’ initiative
New Delhi : Adani Enterprises Ltd (through its arm Adani New Industries Ltd), Adani Ports and Special Economic Zone Ltd (APSEZ), and Ambuja Cements Ltd have joined the World Economic Forum’s ‘Transitioning Industrial Clusters’ initiative. : pv-magazine.com
Bharat Petroleum launches high-efficiency PNG stove
New Delhi : Bharat Petroleum Corporation Limited (BPCL) has introduced its Bharat Hi-Star PNG Stove, setting a new efficiency benchmark in the industry. : psuwatch.com
Bharat Petroleum Unveils Game-Changing Bharat Hi-Star PNG Stove
New Delhi : Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company today launched its high-efficiency Bharat Hi-Star PNG Stove. : psuconnect.in
Indian Oil Withdraws Rs 22,000 Crore Rights Issue
New Delhi : Indian Oil Board, the leading energy company of India in its recent BSE filling states that the company approves Raising of capital by way of issue of equity shares on Right basis upto an amount not exceeding Rs. 22,000 crore. : psuconnect.in
Gulf Oil International (Mauritius) sold 22 lakh equity shares
New Delhi : Gulf Oil International (Mauritius) Inc. on 26th September, 2024 have sold 22,00,000 equity shares (representing only 4.47% of the total issued and paid-up share capital of Gulf Oil Lubricants India Limited (“the Company”) in order to increase the free float and liquidity in the secondary market. : psuconnect.in
