22-Oct-2024

Power

” New Delhi : Power Finance Corporation (PFC), a Maharatna Company and a leading Non-Banking Financial Company (NBFC) in the Indian power sector, has signed a Memorandum of Understanding (MoU) with BEML Limited, a Schedule ‘A’ Public Sector Undertaking (PSU) under the Ministry of Defence. This partnership aims to enhance collaboration in the financing and development of key infrastructure projects.” : Sarkaritel.com

Brookfield Properties to supply green power to campuses in Delhi-NCR

New Delhi : Brookfield Properties to supply green power to campuses in Delhi-NCR. : Economic Times

L&T outbids BHEL for ?40,000 cr NTPC tender

New Delhi : Larsen & Toubro (L&T) has outbid Bharat Heavy Electricals Limited (BHEL) for contracts worth over ?40,000 crore floated by state-owned NTPC to set up three coal-fired power plants, in an indication of resurgence of private sector interest in the thermal power sector. : Economic Times

CG Power Q2 FY25 results: Net profit declines 10% to Rs 220 crore

New Delhi : CG Power and Industrial Solutions on Monday reported a nearly 10 per cent decline in its consolidated profit after tax to Rs 220 crore for three months ended September 2024 : Business Standard

Need Rs 32 trn investment in renewable sector by 2030, says IREDA CMD

New Delhi : India will require about Rs 32 lakh crore of investment in the renewable energy sector by 2030 to meet its targets, Indian Renewable Energy Development Agency’s (IREDA) Chairman & Managing Director Pradip Kumar Das said on Monday. : Business Standard

Nepal’s 800 MW grid-tied solar tender oversubscribed

New Delhi : Proposals received for the development of 800 MW of grid-connected solar in Nepal equal more than four times the available capacity under the tender, according to new figures from the NEA. : pv-magazine.com

MNRE’s Plan To Boost Off-Grid Solar In Tribal Areas Gets Impetus

New Delhi : MNRE’s Plan To Boost Off-Grid Solar In Tribal Areas Gets Impetus. : saurenergy.com

NTPC Looks For Land To Build 600 MW Solar Project

Mumbai : Maharashtra: NTPC Looks For Land To Build 600 MW Solar Project. : saurenergy.com

Coal Ministry Opens Bids For 10th Round And Second Attempt Of Previous Auctions

New Delhi : The Ministry of Coal today opened bids for the 10th round and the second attempt of the 9th and 8th rounds of commercial coal mines’ auction. The Ministry said that out of 61 coal mines offered in the 10th round, a total of 43 bids were received against 16 coal mines. : globalgreenews.com

Ministry of Coal to host Star Rating Awards ceremony, stakeholder consultation on MDOs tomorrow

New Delhi : Ministry of Coal to host Star Rating Awards ceremony, stakeholder consultation on MDOs tomorrow. : Economic Times

Meeting 2030 renewable energy target may push India’s solar equipment imports to $30 bn/yr: GTRI

New Delhi : Meeting 2030 renewable energy target may push India’s solar equipment imports to $30 bn/yr: GTRI. : Economic Times

Brookfield Properties to supply green power to office campuses in Delhi-NCR

New Delhi : Brookfield Properties will source renewable power from solar project at Bikaner in Rajasthan for supplying green energy at four office campuses across Delhi-NCR. : Business Standard

NITI Aayog calls for power plants to pause installing sulphur reducing gear

New Delhi : India’s top policy think tank has proposed halting the fitting of equipment to cut sulphur emissions at coal-fired power plants, according to a document seen by Reuters, reigniting debate over the country’s commitment to cleaning its dirty air. : Business Standard

GUVNL launches 200 MW/1,600 MWh battery storage tender

New Delhi : Gujarat Urja Vikas Nigam Ltd (GUVNL) has invited bids from developers to set up standalone battery energy storage systems (BESS) for an aggregate storage capacity of 1,600 MWh (200 MW x 8 hours) in Gujarat. : pv-magazine.com

KLK Ventures hits 1,300 solar pumps milestone in Jammu & Kashmir

New Delhi : KLK Ventures has announced the launch of its new platform aimed at transforming farming in Jammu and Kashmir with sustainable solar water pumps under the PM Kusum Yojana. : pv-magazine.com

IREDA CMD emphasises role of renewables in achieving net-zero target

New Delhi : Indian Renewable Energy Development Agency Limited (IREDA) Chairman & Managing Director (CMD) Pradip Kumar Das stressed the pivotal role of renewable energy in India’s journey towards creating a net-zero compliant power sector. : psuwatch.com

RITES Ltd Wins New Order from AP Power Generation Corp., announces 1:1 Bonus issue

New Delhi : Mid-cap Navratna PSU RITES Ltd on October 19, 2024, received a new order from Andhra Pradesh Power Generation Corporation for providing a bye-pass line connecting the RTPP yard to Kalamalla Railway Station to RTPP Siding, which was earlier awarded on Project Management Consultancy (PMC) basis is now converted into a turnkey contract. : psuconnect.in

Oriana Power Secures 75 MW Solar Power Project At Maharashtra

New Delhi : Oriana Power Secures 75 MW Solar Power Project At Maharashtra. : saurenergy.com

Bihar Plans To Solarise Panchayat Offices, Allows Hybrid Systems

New Delhi : Bihar Plans To Solarise Panchayat Offices, Allows Hybrid Systems. : saurenergy.com

India’s Coal Sector Need Rs. 3,29,651 Cr Investment For Green Makeover: iForest

New Delhi : India’s Coal Sector Need Rs. 3,29,651 Cr Investment For Green Makeover: iForest. : saurenergy.com

Oil and Gas

” New Delhi : In a significant step towards promoting sustainable transportation solutions, Hardeep Singh Puri, Minister of Petroleum & Natural Gas, showcased India’s advancements in green hydrogen mobility by demonstrating a hydrogen-fuelled bus powered by IndianOil to Prime Minister of Bhutan, Tshering Tobgay and his delegation.” : Sarkaritel.com

CNG price may go up Rs 4-6 on input supply cut, excise duty cut to ease situation

New Delhi : CNG price may go up Rs 4-6 on input supply cut, excise duty cut to ease situation. : Economic Times

Oriana Power to set up 1-GW green hydrogen electrolyser plant with $60-mn investment

New Delhi : Oriana Power to set up 1-GW green hydrogen electrolyser plant with $60-mn investment. : Economic Times

Of ships and tankers: India, refiners not breaking international sanctions

New Delhi : Tankers owned by sanctioned entities continue to transport Russian crude oil to India this year. In some cases, specific tankers sanctioned by the United Kingdom continue to supply India with Russian oil. : Business Standard

Oil and Gas Companies reported unusual revenue, shares muted with no gains

New Delhi : The recent provisional trends from the ongoing financial output revenue earnings suggest Oil companies have posted single-digit growth in both revenue and profit for the quarter that ended September 30, with a muted performance by oil and gas companies offsetting a stellar show in the financial services sector. : psuconnect.in

ONGC, BPCL looking forward for foreign assistance for new refineries

New Delhi : According to news reports, Oil and Natural Gas Corporation (ONGC) and Bharat Petroleum Corporation (BPCL) are independently seeking a foreign partner for the greenfield petroleum refineries they intend to establish. : psuconnect.in

MRPL Q2 results, reported loss of Rs 683.6 crore

New Delhi : Mangalore Refinery and Petrochemicals Ltd (MRPL) reported a loss of Rs 683.6 crore for the second quarter that ended September 30, 2024, on Friday (October 18). : psuconnect.in

ONGC, BPCL seek foreign partners for new refineries

Oil prices regain some ground after 7% loss last week

New Delhi : Oil prices regain some ground after 7% loss last week. : Economic Times

IEA forecasts surplus oil supply, weak demand from China despite stimulus

New Delhi : China’s oil demand growth is expected to remain weak in 2025 despite recent stimulus measures from Beijing as the world’s No. 2 economy electrifies its car fleet and grows at a slower pace, the head of the International Energy Agency said on Monday. : Business Standard

Oil Firm HPCL Set to Launch LNG Import Terminal

New Delhi : Hindustan Petroleum Corporation Limited (HPCL), a state-owned Indian company, plans to commission its new LNG import terminal—the sixth in India between December and January. : psuconnect.in

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On October 21

New Delhi : Petrol, Diesel Prices Today On October 21, 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. The OMCs adjust prices in response to global crude oil prices and fluctuations in foreign exchange rates, ensuring consumers are always informed about the latest fuel costs. : news18.com