30-Oct-2024
Power
” Neyveli, Tamil Nadu : The Inaugural function of the Vigilance Awareness Week 2024, being observed by NLC India Limited in line with the directions of the Central Vigilance Commission, was heldon 28.10.2024 at Lignite Hall, Neyveli.” : Sarkaritel.com
” New Delhi : As part of Vigilance Awareness Week (VAW) 2024, the NLCIL Vigilance, Human Resource and Education Departments jointly organized a Walkathon on October 29, 2024, to promote awareness on integrity and anti-corruption.” : Sarkaritel.com
Energy storage funding jumps 15% to $17.6 bn in first nine months of 2024: Report
New Delhi : Energy storage funding jumps 15% to $17.6 bn in first nine months of 2024: Report. : Economic Times
SC seeks response from SKS Power and lenders on Torrent Power’s appeal against Sarda Energy’s resolution plan
New Delhi : The Supreme Court had sought response from debt-ridden SKS Power Generation (Chhattisgarh) Ltd, its lenders and its resolution professional on an appeal by Torrent Power challenging the approval granted to Sarda Energy and Minerals resolution plan for takeover of the power generation firm. : Economic Times
Mahagenco-NTPC emerges as top bidder for Sinnar Thermal at Rs 3,800 crore
New Delhi : The consortium of Maharashtra’s state-owned Mahagenco and public sector NTPC has emerged as the frontrunner to acquire the 1,350 MW Sinnar Thermal Power Plant near Nashik, according to a report by The Economic Times. : Business Standard
Spanish President affirms aid for India’s energy security, green transition
New Delhi : Spanish President Pedro Sanchez on Tuesday affirmed Madrid’s commitment to help New Delhi enhance its energy security and green transition. : Business Standard
NTPC Green Energy’s Rs 10,000 crore IPO likely to unlock value for parent
New Delhi : The news that NTPC Green Energy (NGEL), a wholly-owned subsidiary of NTPC, has clearance from the Securities and Exchange Board of India (Sebi) to raise Rs 10,000 crore via an initial public offering (IPO), was a trigger for the NTPC stock. : Business Standard
Tata Power Renewable, IndusInd Bank partner to finance solar projects
New Delhi : Tata Power Renewable Energy Ltd has partnered with IndusInd Bank to offer financing options to Micro and Small Enterprises (MSEs) for solar installations. : Business Standard
Power ministry proposes amendments to tariff-based competitive bidding for solar, wind and hybrid renewable energy projects
New Delhi : India’s ministry of power has released draft amendments to guidelines for tariff-based competitive bidding process for procurement of power from grid-connected solar, wind-solar hybrid and renewable energy projects with energy storage systems. : pv-magazine.com
Tata Power Renewable, IndusInd Bank partner to provide finance for solar projects
New Delhi : Tata Power Renewable Energy Limited has partnered with IndusInd Bank to offer financing options to Micro and Small Enterprises (MSEs) for solar installations. : psuwatch.com
Mahagenco-NTPC emerges to be top bidder for Sinnar Thermal
New Delhi : A consortium of Maharashtra state government-owned power generation company Mahagenco and public sector NTPC has emerged as the top bidder to take over the 1,350 MW Sinnar Thermal Power plant near Nashik. : psuconnect.in
Vigilance Awareness Week Commenced at THDC India Limited
New Delhi : THDC India Limited, a leading Public Sector Enterprise in India’s Energy Sector, commenced Vigilance Awareness Week 2024 on 28 th October 2024, at its Corporate Office in Rishikesh along with all the projects and unit offices. : psuconnect.in
Vigilance Awareness Week-2024 Inaugurated At NLC India Limited
New Delhi : NLC India Limited is observing Vigilance Awareness Week (VAW) 2024 in line with the directives of the Central Vigilance Commission. : psuconnect.in
PPA of 15 years Among Key Changes Proposed in TBCB Norms By India’s Power Ministry
New Delhi : PPA of 15 years Among Key Changes Proposed in TBCB Norms By India’s Power Ministry. : saurenergy.com
Adani Green Optimistic To Add 6 GW RE Capacities In FY25
New Delhi : Adani Green Optimistic To Add 6 GW RE Capacities In FY25. : saurenergy.com
” New Delhi : CO2 mitigation is one of critical challenge being faced by fossil fired power plant. Therefore, capturing CO2 from the flue gas and converting it to valuable fuel & chemicals is in focus, globally.” : Sarkaritel.com
Tata Power Renewables, IndusInd Bank join hands to offer solar financing for MSEs
New Delhi : Tata Power Renewables, IndusInd Bank join hands to offer solar financing for MSEs. : Economic Times
Transformers and Rectifiers (India) gets orders worth Rs 270 cr from Adani Energy, 3 others
New Delhi : Transformers and Rectifiers (India) Ltd on Tuesday said it has secured orders worth Rs 270 crore from Adani Energy Solution, Siemens and two others, according to an exchange filing. : Economic Times
Mahagenco-NTPC top bidder for Sinnar Thermal
Mumbai : A consortium of Maharashtra state government-owned power generation company Mahagenco and public sector NTPC has emerged as the top bidder to take over the 1,350 MW Sinnar Thermal Power plant near Nashik. : Economic Times
Coal India Banks on Upcoming Power Plants to Accelerate Growth
New Delhi : Coal India Banks on Upcoming Power Plants to Accelerate Growth. : Mint
Significant growth opportunity for renewables sector in India: SEforALL
New Delhi : There is significant growth opportunity for renewable energy sector in India, as the country’s growing energy demand along with rapid industrialization needs all resources of energy, including solar and wind, according to an international sustainable development agency in Vienna. : Business Standard
Hitach Energy India Q2 results: Net profit rises 111% to Rs 52 crore
New Delhi : Hitachi Energy India on Tuesday posted over 111 per cent jump in net profit to Rs 52.3 crore in the September quarter, mainly due to higher revenues. : Business Standard
Coal, Power ministries plan winter coordination to prevent power shortages
New Delhi : Buoyed by the success of keeping coal supplies steady – and thus, power supply undisturbed – in the blistering summer, the ministries of coal and of power are aiming to replicate the feat during the chilling winter months. : Business Standard
JSW Energy tops rivals Adani, NTPC as highest bidder for KSK Mahanadi
New Delhi : JSW Energy, part of the billionaire Sajjan Jindal-led group, has emerged as the highest bidder for bankrupt KSK Mahanadi Power Company, according to a stock-exchange filing by the company on Tuesday. : Business Standard
NTPC commissions commercial operations of 32.90 MW solar plant in Rajasthan
New Delhi : NTPC Limited on Tuesday announced the commissioning of commercial operations of a 32.90 MW solar plant in Rajasthan. : psuwatch.com
Walkathon To Create Anti-Corruption Awareness Held By NLCIL
New Delhi : As part of Vigilance Awareness Week (VAW) 2024, the NLCIL Vigilance, Human Resource and Education Departments jointly organized a Walkathon on October 29, 2024, to promote awareness on integrity and anti-corruption. : psuconnect.in
Tata Power acquires 40% stake in Khorlochhu Hydro Power for Rs 830 crore
New Delhi : Tata Power has acquired a 40% stake in Bhutan-based Khorlochhu Hydro Power Limited for Rs 830 crore. “It has today executed the Share Purchase Agreement between the company, an existing shareholder of KHPL, and KHPL,” Tata Power said in an exchange filing. : psuconnect.in
Powerica Wins 50 MW Wind Energy Project From SECI
New Delhi : Powerica Wins 50 MW Wind Energy Project From SECI. : saurenergy.com
MoP New Rule Aims To Bring Transparency In Electricity Distribution
New Delhi : MoP New Rule Aims To Bring Transparency In Electricity Distribution. : saurenergy.com
Oil and Gas
” Mangalore : A vendors’ meet organized by Mangalore Refinery and Petrochemicals Ltd (MRPL) was held today at the TMA Pai Convention Centre, Mangalore. Over 300 vendors from across the country participated in this event, which was organized as part of Vigilance Awareness Week 2024.” : Sarkaritel.com
” New Delhi : Mangalore: Mangalore Refinery & Petrochemicals Ltd. (MRPL) hosted the HiQ Retail Dealers Meet at MERC, Mangalore, as part of its Vigilance Awareness Week celebrations. This initiative aimed to engage retail partners and reinforce vigilance and transparency within MRPL’s business ecosystem, providing a valuable platform for insights, discussions, and strengthening dealer relationships.” : Sarkaritel.com
Petroleum Minister Hardeep Puri hails OMCs’ moves aimed at reducing fuel prices
New Delhi : Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Tuesday welcomed the key announcements made by the Oil Manufacturing Companies (OMCs) aimed at reducing the prices of petrol and diesel to benefit the consumers residing in the far-flung and remote areas of the country. : Sarkaritel.com
Oil prices edge up, US plan to refill reserve offers support
New Delhi : Oil prices edge up, US plan to refill reserve offers support. : Economic Times
Greenzo Energy launches 1 MW indigenous electrolyzer stack for green hydrogen production
New Delhi : Greenzo Energy launches 1 MW indigenous electrolyzer stack for green hydrogen production. : Economic Times
No shortage of crude oil in world, enough refining capacity in country: Hardeep Puri
New Delhi : Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Tuesday said there is no shortage of crude oil in the world and enough refining capacity in the country to meet the domestic requirements. : Economic Times
Blended aviation turbine fuel gets new category, to be taxed at 2% for regional connectivity
New Delhi : The Centre has classified blended aviation turbine fuel as a new category under mineral items in the Central Excise Act, as it weighs the option to make its use voluntary for domestic flights by next year and mandatory by 2027. : Economic Times
Petrol, diesel to be cheaper in far-flung areas, higher fee for dealers
New Delhi : Prices of petrol and diesel as set to fall in remote parts of some of the states after the public sector oil retailers reduced interstate freight charges. : Mint
Indian Oil Corp announces revision in dealer margins effective from Oct 30; details here
New Delhi : In a significant move coinciding with the Dhanteras festival, Oil Marketing Companies (OMCs) announced on Tuesday an increase in the Dealer Commission for petrol pump operators. : Mint
BP profit slumps to $2.3 bn on weak refining margins, oil trading results
New Delhi : BP on Tuesday reported a 30 per cent drop in third-quarter profit to $2.3 billion, the lowest in almost four years, weighed down by weaker refining margins and oil trading results. : Business Standard
OIL kick starts observance of Vigilance Awareness Week 2024
New Delhi : Under the aegis of Central Vigilance Commission (CVC), Vigilance Awareness Week (VAW) 2024 is being observed in Oil India Limited (OIL) from October 28 to November 3 with the theme “Culture of Integrity for Nation’s prosperity” across all the spheres and offices of the company. : psuwatch.com
MRPL holds vendors meet 2024
Mangalore : A vendors’ meet organised by Mangalore Refinery and Petrochemicals Ltd (MRPL) was held on October 29 at the T M A Pai Convention Centre, Mangaluru. Over 300 vendors from across the country participated in this event, which was organised as part of Vigilance Awareness Week 2024. : daijiworld.com
Petrol, diesel to become cheaper in many places as OMCs announce key moves
New Delhi : The Oil Manufacturing Companies (OMCs) have decided to hike the Dealer Commission which is paid to petrol pump dealers, a move that is expected to benefit consumers residing in the far-flung areas of the country, as the prices of petrol and diesel are likely to register a considerable drop. : Sarkaritel.com
IGL reports 9% sales growth in Q2 FY25, declares 275% interim dividend
New Delhi : IGL reports 9% sales growth in Q2 FY25, declares 275% interim dividend. : Economic Times
Oil prices fall as reality of weak global demand overtakes risk of wider war in Middle East
New Delhi : Global oil prices are falling sharply after a retaliatory strike by Israel over the weekend targeted Iranian military sites rather than its energy infrastructure as had been feared. : Economic Times
Oil companies hike commission paid to petrol pump dealers; no change in fuel prices
New Delhi : State-owned fuel retailers on Tuesday hiked commission they pay to petrol pump dealers but there will be no change in retail petrol and diesel prices. : Economic Times
Indian Oil Corporation Q2 results: Loss at ?169.58Cr, Revenue Decreased by 3.25% YoY
New Delhi : Indian Oil Corporation Q2 Results Live : Indian Oil Corporation (IOC) announced its Q2 results on October 28, 2024, reporting a significant loss of ?169.58 crore. : Mint
Union Minister Puri assures no crude oil shortage, ample refining capacity
New Delhi : Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Tuesday said there is no shortage of crude oil in the world and enough refining capacity in the country to meet the domestic requirements. : Business Standard
The Hydrogen Stream: Greenzo Energy unveils 1 MW alkaline electrolyzer stack
New Delhi : India’s Greenzo Energy has launched its 1 MW alkaline electrolyzer stack, the “Un Wheel,” a 100% indigenous green hydrogen production technology designed specifically to operate optimally under Indian environmental conditions. : pv-magazine.com
BPCL inaugurates Vigilance Awareness Week 2024
New Delhi : Bharat Petroleum Corporation Limited (BPCL) inaugurated Vigilance Awareness Week 2024 (VAW-2024) on October 28 at its Corporate Office, reinforcing its commitment to ethical practices and integrity in business. : psuwatch.com
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On October 29
New Delhi : Petrol, Diesel Prices Today On October 29, 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
