26-Oct-2024
Power
NLCIL enters 10th year with RE Power Generation& Retained 5 Star Rating for its Mines
New Delhi : NLCIL successfully enters 10th year of Renewable Energy Generation. Vesting order was issued for Machhakata (revised) Coal Block by Nominated Authority, Ministry of Coal. : Sarkaritel.com
” New Delhi : NHPC organized a Walkathon, Human Chain and Nukkad Natak during Vigilance Awareness Week 2024 celebrations at NHPC Corporate Office, Faridabad on 25.10.2024.” : Sarkaritel.com
ADB approves 434.25 million USD loan to Indian state for energy security
New Delhi : ADB approves 434.25 million USD loan to Indian state for energy security. : Economic Times
NTPC Q2 Results: Net profit grows 14% to Rs 5,380 crore
New Delhi : NTPC Q2 Results: Net profit grows 14% to Rs 5,380 crore. : Economic Times
Serentica Global plans 10 GW RE projects in Andhra Pradesh
New Delhi : Serentica Global plans 10 GW RE projects in Andhra Pradesh. : Economic Times
Kenyan court suspends $736 million Adani power line deal
New Delhi : Kenya’s high court on Friday suspended a $736 million deal between a state utility and India’s Adani Energy Solutions to build and operate power infrastructure including transmission lines. : Economic Times
Bids for KSK Mahanadi Power skyrocket after Adani’s offer
New Delhi : Adani Group’s Rs 12,500 crore bid to acquire KSK Mahanadi Power has prompted other bidders to revise their offers upwards, and the final number could be much higher, according to sources. : Economic Times
AI power demand might actually be good for climate
New Delhi : Big energy companies are making the case that skyrocketing electricity demand from data centres – and the need to build more power sources to meet it — will end up being good for the climate. : Economic Times
NTPC allocates 1.2 GW wind-solar hybrid capacity at $0.039/kWh
New Delhi : NTPC has awarded 1.2 GW of wind-solar hybrid capacity at an average price of INR 3.29 ($0.039)/kWh. : pv-magazine.com
NTPC entered into MOU with GHMC Hyderabad for supporting in the Illumination project at iconic Charminar
New Delhi : NTPC entered into MOU with GHMC Hyderabad for supporting in the Illumination project at the iconic Charminar of Hyderabad at its office at Kavadiguda, Secunderabad. This initiative of NTPC is a step towards promoting and restoring iconic landmarks and heritage buildings of India. : globalgreenews.com
NTPC announces job vacancy for CMD post; apply before Nov 11
New Delhi : NTPC Limited has announced the job vacancy for the post of Chairman & Managing Director (CMD). Eligible and interested candidates can apply for the job before November 11. : psuwatch.com
NLCIL Q2 Results: PAT declines 9.2% stands at Rs 982.41 crore
New Delhi : On Friday, 25th October the State-owned PSU NLC India Ltd posted a 9.5 % decline in its consolidated profit at Rs 982.41 crore for the quarter ended September 30, 2024. On the same hand NLC India Ltd had posted a consolidated profit of Rs 1,085.93 crore in the year-ago period, NLC India Ltd said in a bse filing. : psuconnect.in
CERC Amends Indian Electricity Grid Code Rules
New Delhi : CERC Amends Indian Electricity Grid Code Rules. : saurenergy.com
Ladakh: NTPC, Indian Army Set To Build Solar Hydrogen Microgrid
New Delhi : Ladakh: NTPC, Indian Army Set To Build Solar Hydrogen Microgrid. : saurenergy.com
Adani Power’s bid for KSK Mahanadi Power forces other bidders to raise offers
New Delhi : After Adani Power, which submitted a bid of Rs 12,500 crore for the acquisition of the KSK Mahanadi Power plant in Chhattisgarh, other bidders have revised their offers upwards and the final number could be much higher, according to reports. : Sarkaritel.com
NTPC partners with Indian Army for solar hydrogen microgrid project in Ladakh
New Delhi : NTPC partners with Indian Army for solar hydrogen microgrid project in Ladakh. : Economic Times
Schneider Electric partners with Noida International Airport to implement advanced energy management solutions
New Delhi : Schneider Electric partners with Noida International Airport to implement advanced energy management solutions. : Economic Times
78% of energy sector CEOs optimistic about growth despite global challenges: KPMG Report
New Delhi : 78% of energy sector CEOs optimistic about growth despite global challenges: KPMG Report. : Economic Times
JSW Energy net profit up marginally at Rs 853 cr in Q2
New Delhi : JSW Energy net profit up marginally at Rs 853 cr in Q2. : Economic Times
ET Energyworld Smart Energy Summit: Industry leaders to chart growth roadmap for AI, IoT, digital transformation in energy
New Delhi : ET Energyworld Smart Energy Summit: Industry leaders to chart growth roadmap for AI, IoT, digital transformation in energy. : Economic Times
Bangladesh will soon receive power from India, project in last stages
New Delhi : Bangladesh will soon begin receiving power from the Indian grid, which will be transmitted from Nepal, said Anurag Srivastava, Joint Secretary for North and former spokesperson for the Ministry of External Affairs (MEA), during an event in Bengaluru on Friday. : Economic Times
Bids for KSK Mahanadi Power skyrocket post Adani Group’s Rs 12,500 cr offer
New Delhi : Adani Group’s Rs 12,500 crore bid to acquire KSK Mahanadi Power has prompted other bidders to revise their offers upwards, and the final number could be much higher, according to sources. : Business Standard
EESL seeks 1 GWp of DCR-compliant crystalline solar modules for rooftop PV projects across India
New Delhi : Energy Efficiency Services Ltd (EESL), registered as a national vendor under PM Surya Ghar Muft Bijlee Yojana residential rooftop PV scheme, has launched a tender for the procurement of around 1 GWp of crystalline solar PV modules, each with a rated capacity of 540 Wp and above. : pv-magazine.com
NTPC, Indian Army join hands for round-the-clock power supply using green hydrogen
New Delhi : NTPC Limited has partnered with the Indian Army to establish a solar hydrogen-based Microgrid at Chushul, Ladakh. This significant step will provide a stable power supply using Green Hydrogen in off-grid Army locations. : psuwatch.com
NLC India Q2 profit drops 9.5% to Rs 982 crore
New Delhi : State-owned NLC India Limited on Friday reported a 9.5 percent decline in consolidated profit at Rs 982.41 crore for the quarter ended September 30, 2024 on the back of higher expenses. : psuwatch.com
REC Limited incorporates new subsidiary company
New Delhi : REC Limited announed the incorporatation of its new Wholly Owned Subsidiary. In furtherance to the letter dated September 30, 2024 states that Rajasthan V Power Transmission Limited (CIN: U42202DLZ024G0I438159) has been incorporated as Wholly Owned Subsidiary of REC Power Development & Consultancy Limited (“RECPDCL”) (a Wholly Owned Subsidiary of REC Limited). : psuconnect.in
THDC India Co-Hosts 5th Uttarakhand State-Level Yogasana Sports Competition
New Delhi : THDC India Limited, a leading public sector enterprise in India’s energy sector, in collaboration with the Uttarakhand Yogasana Sports Association and the Dehradun District Yogasana Sports Association, organized 5th Uttarakhand State-Level Yogasana Sports Competition 2024 at its Corporate office in Rishikesh. : psuconnect.in
NTPC Limited Reports 14% Jump In Net Profits In Q2
New Delhi : NTPC Limited Reports 14% Jump In Net Profits In Q2. : saurenergy.com
ADB commits $434.25 million loan to improve energy security in Assam
New Delhi : The Asian Development Bank (ADB) has approved a $434.25 million (about Rs 3,600 crore) loan to increase renewable energy capacity and improve energy security in Assam. : Business Standard
Diwali drive: CM Yogi orders uncut power supply in UP from Oct 28 to Nov 15
New Delhi : Uttar Pradesh Chief Minister Yogi Adityanath directed officials to ensure there is no power cut in the state from October 28 to November 15, a period which will witness many Hindu festivals. : Business Standard
Oil and Gas
” New Delhi : GAIL (India) Limited and VERBIO India Private Limited today signed a Memorandum of Understanding (MoU) to jointly explore the establishment of Agricultural Residue-based Compressed Biogas (CBG) plants in India.” : Sarkaritel.com
Oil heads for weekly gain as Middle East tensions keep traders on edge
New Delhi : Oil heads for weekly gain as Middle East tensions keep traders on edge. : Economic Times
OMCs’ profits to drop to $12-14 per barrel in FY25 as diesel spreads narrow
New Delhi : OMCs’ profits to drop to $12-14 per barrel in FY25 as diesel spreads narrow. : Economic Times
Essar Group appoints Manu Kapoor as group chief of public policy and corporate affairs
New Delhi : Essar Group appoints Manu Kapoor as group chief of public policy and corporate affairs. : Economic Times
India’s oil demand set to rise by 4% in Q4 amid festival and agricultural season
New Delhi : India’s oil demand set to rise by 4% in Q4 amid festival and agricultural season. : Economic Times
Reliance to move Dubai crude team back to India in global trade rejig, sources say
New Delhi : Reliance to move Dubai crude team back to India in global trade rejig, sources say. : Economic Times
Reliance likely to move Dubai crude team to India in global trade rejig
New Delhi : India’s Reliance Industries Ltd, operator of the world’s biggest refining complex, is restructuring its trading operations, including moving most of its Dubai crude oil trading team back to Mumbai, two sources familiar with the plan said. : Business Standard
GAIL, VERBIO sign MoU to develop agricultural residue-based CBG projects
New Delhi : State-run GAIL (India) Limited and VERBIO India Private Limited have signed a Memorandum of Understanding (MoU) on Friday to jointly explore the establishment of agricultural residue-based Compressed Biogas (CBG) plants in India. : psuwatch.com
HPCL Q2 profit slumps 98% on fall in refining margin, inventory loss
New Delhi : State-owned Hindustan Petroleum Corporation Ltd (HPCL) on Friday reported a massive 97.8 percent plunge in its September quarter net profit as refinery margins fell and decline in international rates led to inventory losses. : psuwatch.com
HPCL Q2 results, Standalone PAT recorded at Rs 631 crore
New Delhi : State-run Hindustan Petroleum Corporation Limited (HPCL) has reported Standalone Revenue from Operations of Rs 1,08,216 crore during 2QFY25 vs (Rs 1,02,618 crore during 2QFY24). : psuconnect.in
Petronet LNG Q2 results, Profit Rises 4% at Rs 848 crore
New Delhi : Petronet LNG Ltd, India’s biggest liquefied natural gas importer, reported a 4 percent rise in its second-quarter profit on higher capacity utilization at its flagship Dahej import terminal in Gujarat. : psuconnect.in
BPCL reports ?5,412 crore net profit in H1 FY25 as market sales rise 2.45%
New Delhi : BPCL reports ?5,412 crore net profit in H1 FY25 as market sales rise 2.45%. : Economic Times
PNGRB invites bids for 425-km Kochi-Kanyakumari-Thoothukudi natural gas pipeline
New Delhi : PNGRB invites bids for 425-km Kochi-Kanyakumari-Thoothukudi natural gas pipeline. : Economic Times
Oil ministry seeks to reform itself to address future energy challenges
New Delhi : The petroleum ministry is aiming to restructure and reform itself to enhance its effectiveness as a policymaker for addressing future challenges in the energy sector. : Economic Times
HPCL invested Rs. 3,771 crore in Q2FY25 to boost refining and marketing infrastructure
New Delhi : State-owned Hindustan Petroleum Corporation Limited invested Rs. 3,771 crore to enhance its refining and marketing infrastructure in Q2FY25, the company said in an exchange filing on Friday. : Economic Times
Dahej,Kochi Projects are Crucial for Petronet’s Volume After a Poor Q2
New Delhi : Dahej,Kochi Projects are Crucial for Petronet’s Volume After a Poor Q2. : Mint
BPCL Q2FY25 results: Net profit falls 71.8% on lower marketing margins
New Delhi : India’s Bharat Petroleum Corp (BPCL) reported a slump in second-quarter profit on Friday, weighed down by lower marketing margins. : Business Standard
India, Germany release joint roadmap for green hydrogen
New Delhi : India and Germany today released the “Indo-German Green Hydrogen Roadmap” to promote the market ramp-up of green hydrogen. : pv-magazine.com
BPCL Q2 net profit falls 72% on fall in refining, fuel margin
New Delhi : State-owned Bharat Petroleum Corporation Ltd (BPCL) on Friday reported a steep 72 percent drop in net profit in the September quarter, as refinery margins fell and marketing margins shrunk. : psuwatch.com
BPCL shares declines over 4%, Standalone net profit fell by 72% YoY to Rs 2,397 crore
New Delhi : State-owned BPCL on Friday reported a standalone net profit of Rs 2,397 crore for the second quarter ended September 2024 which is a 72% fall from Rs 8501 crore reported in the previous year’s quarter. : psuconnect.in
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On October 25
New Delhi : Petrol, Diesel Prices Today On October 25, 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
