05-Oct-2024
Power
PFC Secures largest-ever foreign currency term loan of USD 1.265 billion
New Delhi : PFC has announce the successful closing of issuance of largest-ever foreign currency term loan from an Indian PSUamounting to USD 1.265 billion. This landmark transaction was executed through a facility agreement with multiple banks based in IFSC GIFT City, Gandhinagar. : Sarkaritel.com
” New Delhi : Anil Kumar Jadli, Director (HR), NTPC congratulated Team NTPC for their recent successes in the PRSI National Quiz and the National Management Quiz. Director (HR) emphasized that this learning culture ensures that NTPC stays ahead in industry, allowing the company to adapt and succeed in a constantly changing environment.” : Sarkaritel.com
” New Delhi : The Indian Council of Medical Research (ICMR) on Friday signed a Memorandum of Understanding (MoU) with NTPC Vidyut Vyapar Nigam (NVVN) to promote sustainable energy within India’s healthcare and research sector.” : Sarkaritel.com
Power Finance Corp. raises $1.27 billion foreign currency term loan to fuel its green energy transition
New Delhi : State-owned Power Finance Corporation (PFC) on Friday said it has raised a foreign currency term loan amounting to $1.27 billion, the largest such loan facility by a public sector undertaking. : Mint
PFC secures largest-ever foreign currency term loan of $1.265 bn
New Delhi : State-owned Power Finance Corporation (PFC) on Friday announced that it has secured the largest-ever foreign currency term loan of USD 1.265 billion. : Economic Times
PFC secures largest-ever foreign currency term loan of USD 1.265 bn
New Delhi : State-owned Power Finance Corporation (PFC) on Friday announced that it has secured the largest-ever foreign currency term loan of USD 1.265 billion. : ptinews.com
India’s renewable energy sector generated over 10 lakh jobs in 2023
New Delhi : India’s renewable energy sector generated over 10 lakh jobs in 2023. : Economic Times
Guiding India’s renewable path: Meet MNRE’s new secretary Prashant Kumar Singh
New Delhi : Guiding India’s renewable path: Meet MNRE’s new secretary Prashant Kumar Singh. : Economic Times
SolarfiX India ropes in Japan-based Kanemasa for solar module manufacturing in India
New Delhi : SolarfiX India ropes in Japan-based Kanemasa for solar module manufacturing in India. : Economic Times
Coal production soars by 32%, dispatches up 34% in first half of FY25
New Delhi : Coal production soars by 32%, dispatches up 34% in first half of FY25. : Economic Times
Cabinet approves India’s entry into elite global energy efficiency hub
New Delhi : Cabinet approves India’s entry into elite global energy efficiency hub. : Economic Times
Meja Urja Nigam pays first dividend of Rs 102 cr to NTPC, UPRVUNL
New Delhi : UP-based Meja Urja Nigam Pvt Ltd (MUNPL) has paid first dividend of Rs 51 crore each to its parent companies NTPC and UPRVUNL. MUNPL is a 50:50 joint venture (JV) of state-owned NTPC Ltd and Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd (UPRVUNL). : Economic Times
Govt to soon invite bids for 10 GW of battery energy storage projects
New Delhi : The government will soon invite bids for 10 gigawatt of battery energy storage projects, an official said on Friday. : Business Standard
Reliance introduces ‘made-in-India’ HJT solar modules at REI Expo 2024
New Delhi : Reliance New Energy Ltd, an arm of Reliance Industries Ltd, has showcased its made-in-India bifacial HJT solar modules at REI Expo 2024. The modules are suited for megawatt- and gigawatt-scale power plants. : pv-magazine.com
PFC Secures largest-ever foreign currency term loan of USD 1.265 billion
New Delhi : PFC, a Maharatna company and leading NBFC in Indian power and infrastructure sector, is proud to announce the successful closing of issuance of largest-ever foreign currency term loan from an Indian PSUamounting to USD 1.265 billion. : globalgreenews.com
PFC secures largest-ever foreign currency term loan of $1.265 billion
New Delhi : State-owned Power Finance Corporation (PFC) on Friday announced that it has secured the largest-ever foreign currency term loan of USD 1.265 billion. : psuwatch.com
BCCL to add 48 MW of solar power generation capacity by FY25-end
New Delhi : State-run Bharat Coking Coal Limited (BCCL) has plans to add 48 MW of solar power by the end of financial year 2024-25. On Friday, Minister of State for Coal Satish Chandra Dubey inaugurated 51 rooftop solar power plants of BCCL of cumulative capacity of 2.428 MW. : psuwatch.com
PFC Secures largest-ever foreign currency term loan of USD 1.265 billion
New Delhi : PFC, a Maharatna company and leading NBFC in Indian power and infrastructure sector, is proud to announce the successful closing of issuance of largest-ever foreign currency term loan from an Indian PSU amounting to USD 1.265 billion. : psuconnect.in
Nepal to export 40 Megawatts Power to Bangladesh through India’s power grid
New Delhi : India, Nepal, and Bangladesh have signed a trilateral agreement to export 40 megawatts of electricity from Nepal to Bangladesh via India’s power grid. : psuconnect.in
PFC Secures largest-ever foreign currency term loan of USD 1.265 billion
New Delhi : PFC, a Maharatna company and leading NBFC in Indian power and infrastructure sector, is proud to announce the successful closing of issuance of largest-ever foreign currency term loan from an Indian PSU amounting to USD 1.265 billion. : pgurus.com
PFC secures largest-ever foreign currency term loan of USD 1.265 bn
New Delhi : State-owned Power Finance Corporation (PFC) on Friday announced that it has secured the largest-ever foreign currency term loan of USD 1.265 billion. : thenorthlines.com
India’s green electricity tariffs may lead to financial losses for distribution companies
New Delhi : India’s green electricity tariffs may lead to financial losses for distribution companies. : Economic Times
Adani Group seeks to invest $900 million in Tanzania power lines
New Delhi : Adani Group seeks to invest $900 million in Tanzania power lines. : Economic Times
Ministry of heavy industries to issue 10 GW RFP for stationary energy storage: Joint Secretary Vijay Mittal
New Delhi : Ministry of heavy industries to issue 10 GW RFP for stationary energy storage: Joint Secretary Vijay Mittal. : Economic Times
Power demand in India declines for 2nd month in a row amid surplus rainfall
New Delhi : Power demand in India declines for 2nd month in a row amid surplus rainfall. : Economic Times
Jakson Engineers to invest ?2,000 crore in 2,500 MW solar cell facility
New Delhi : Jakson Engineers to invest ?2,000 crore in 2,500 MW solar cell facility. : Economic Times
Kundan Green Energy commissions ?75 crore hydropower plant in Himachal Pradesh
New Delhi : Kundan Green Energy commissions ?75 crore hydropower plant in Himachal Pradesh. : Economic Times
Power ministry sets new benchmark for biomass pellet pricing in NCR to foster co-firing in power plants
New Delhi : Power ministry sets new benchmark for biomass pellet pricing in NCR to foster co-firing in power plants. : Economic Times
Jakson Green nears $476 mn fundraise for renewables capacity expansion
New Delhi : India’s Jakson Green is closing in on a more than Rs 4,000 crore ($476.4 million) fundraise to expand its renewable energy capacity, Joint Managing Director Krishnan Kannan said. : Business Standard
Adani solar-wind project to power Google operations in India
New Delhi : The Adani Group announced this week its collaboration with Google to decarbonize Google’s operations in India. Under the partnership, Adani will supply clean energy from a new solar-wind hybrid project located in the world’s largest renewable energy plant at Khavda, Gujarat. : pv-magazine.com
GAIL, AM Green sign MoU for 2.5 GW of renewable energy projects
New Delhi : GAIL (India) and AM Green (AMG) have signed a Memorandum of Understanding (MoU) to jointly explore the development of up to 2.5 GW of solar-wind hybrid renewable projects across India. : pv-magazine.com
India’s Renewable Energy Boom: Job Creation And Sustainable Growth
New Delhi : In a significant milestone for India’s renewable energy sector, the total number of jobs reached an estimated 1.02 million in 2023, according to the 2024 Annual Review by the International Renewable Energy Agency (IRENA). : indianpsu.com
Kundan Green Energy commissions hydro electric project in Himachal
New Delhi : Kundan Green Energy has commissioned a 10 MW hydro electric project (HEP) in Himachal Pradesh, taking its total operational hydropower capacity to 85 MW. : psuwatch.com
Meja Urja Nigam pays 1st dividend of Rs 102 crore to NTPC, UPRVUNL
New Delhi : Uttar Pradesh-based Meja Urja Nigam Pvt Ltd (MUNPL) has paid first dividend of Rs 51 crore each to its parent companies NTPC and UPRVUNL. : psuwatch.com
NTPC Unchahar Head of Project Conquers Everest Base Camp
New Delhi : Any summit can be conquered with determination and a desire to achieve the extraordinary. NTPC Unchahar’s Head of Project, Mandeep Singh Chhabra, has proven this by reaching the Everest Base Camp and proudly hoisting the Indian and NTPC flags on the world’s highest mountain range. : psuconnect.in
U.P. going green: UPERC nod to purchase of 1,500 MW solar power by state
New Delhi : The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved two Uttar Pradesh Power Corporation Limited (UPPCL) solar power procurement deals, paving the way for a combined 1,500 MW of clean energy to enter the state’s grid, people in the know of the development said. : Hindustan Times
Alpex Set To Add 1.6 GW Solar Cells Manufacturing Plant At Uttar Pradesh
New Delhi : Alpex Set To Add 1.6 GW Solar Cells Manufacturing Plant At Uttar Pradesh. : saurenergy.com
Oil and Gas
Essar Energy Transition welcomes UK government’s backing of HPP1 project
New Delhi : Essar Energy Transition (EET) welcomed Friday’s announcement by the UK government confirming its support of the HyNet cluster. EET Hydrogen, a division of EET, is developing the first large-scale, low-carbon hydrogen production hub in the UK at its site in Stanlow. : Sarkaritel.com
India, Nepal sign B2B framework pact to bolster petroleum infrastructure
New Delhi : India, Nepal sign B2B framework pact to bolster petroleum infrastructure. : Economic Times
Global gas demand set to grow by 2.5% in 2024 amid supply constraints: IEA
New Delhi : Global gas demand set to grow by 2.5% in 2024 amid supply constraints: IEA. : Economic Times
Greenzo Energy, RBM Infracon sign ?200 crore MoU for 15 MW green hydrogen projects in Gujarat
New Delhi : Greenzo Energy, RBM Infracon sign ?200 crore MoU for 15 MW green hydrogen projects in Gujarat. : Economic Times
Nigeria Proposes New Tax Incentives to Attract Gas Investors
New Delhi : Nigeria hopes to attract as much as $10 billion of new investments in deep-water gas exploration through tax breaks and other measures proposed in a new policy framework for the industry, according to a government official. : Mint
GAIL, AM Green sign MoU for 2.5 GW of renewable energy projects
New Delhi : GAIL (India) and AM Green (AMG) have signed a Memorandum of Understanding (MoU) to jointly explore the development of up to 2.5 GW of solar-wind hybrid renewable projects across India. : pv-magazine.com
RBM Infracon to invest Rs 200 crore to build 15 MW green hydrogen capacity in Gujarat
New Delhi : RBM Infracon on Friday announced a Rs 200 crore investment to build 15 MW of green hydrogen generation capacity in Gujarat. : psuwatch.com
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On October 4
New Delhi : Petrol, Diesel Prices Today On October 4, 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
Oil prices set for 10% weekly rise as Middle East tensions heat up
New Delhi : Oil prices set for 10% weekly rise as Middle East tensions heat up. : Economic Times
Can India keep its oil calm while the Middle East conflict heats up?
New Delhi : The ongoing conflict between Israel and Iran is not expected to have a significant impact on India’s crude oil imports, as experts pointed out that India’s crude imports from Iran are almost negligible, as per an ANI report. : Economic Times
Gail, AM Green forge 350 KTPA e-methanol deal to drive clean energy growth
New Delhi : State-run Gail (India) Ltd and AM Green Group, backed by the founders of Greenko Group, have inked a partnership to develop clean energy projects, including the supply of 350 kilotonnes per annum (KTPA) of carbon dioxide for e-methanol production. : Mint
Petrobras’ pricing strategy avoids passing on market volatility: CEO
New Delhi : Brazilian state-run oil firm Petrobras has been able to provide Brazilians with price stability despite market volatility caused by an escalation of the conflict in Middle East, its top executive said on Thursday. : Business Standard
Petronet LNG Shares jumps 5% after commissioning 2 LNG storage tanks
New Delhi : According to the latest regulatory filings with the stock exchanges, Petronet LNG Limited announced the commissioning of two LNG storage tanks on October 1st. : psuconnect.in
