19-Sep-2024
Power
” New Delhi : Prime Minister Narendra Modi on Wednesday shared a video of his interaction with the beneficiaries of the PM Surya Ghar-Muft Bijli Yojana during which one of them said that he had saved a big amount on his monthly power bill.” : Sarkaritel.com
” Gandhinagar : REC Limited, a Maharatna CPSU under the Ministry of Power and a leading NBFC, has signed Memorandum of Understanding (MoU) during 4th #Global #Renewable #Energy #Investors Meet & Expo (#REINVEST2024) in Gandhinagar with RE developers aggregating about ? 1.12 lakh crore which will be implemented over a period of 5 years.” : Sarkaritel.com
” New Delhi : Power Finance Corporation (PFC), aMaharatna Company and a leading NBFC in the power sector,has paid Rs 462 crore to the Govt. of India and Rs 363 crore to other shareholders, totalling Rs 825 crore as the Final Dividend for the financial year 2023-24.” : Sarkaritel.com
” New Delhi : NLC India Limited (NLCIL), a Public Sector Undertaking under the Ministry of Coal, has entered into a Memorandum of Understanding (MoU) with the Indian Institute of Management Calcutta (IIM Calcutta), one of India’s most prestigious business schools known for its rigorous academic programs.” : Sarkaritel.com
RE-INVEST 2024: REC sign MoUs worth ?1.12 lakh crore for renewable energy projects
New Delhi : RE-INVEST 2024: REC sign MoUs worth ?1.12 lakh crore for renewable energy projects. : Economic Times
” New Delhi : Bharat Heavy Electricals Limited (BHEL) has paid a final dividend of Rs.55 Crore for the year 2023-24 to the Govt. of India.” : Sarkaritel.com
Sunsure Energy, REC sign MoU for Rs 10,000 cr to develop green energy projects
New Delhi : Sunsure Energy, REC sign MoU for Rs 10,000 cr to develop green energy projects. : Economic Times
Tata Power Renewable Energy secures 400-MW hybrid project from MSEDCL
New Delhi : Tata Power Renewable Energy secures 400-MW hybrid project from MSEDCL. : Economic Times
Over 1.16 lakh solar panels installed on Vadodara canals generate 29.51 million units of energy
Vadodara : Sardar Sarovar Narmada Nigam Limited has generated 29.51 million units of clean electricity by installing solar panels along a 13-kilometre stretch of the Narmada canal in Vadodara district, as per official data. : Sarkaritel.com
Nuclear power to play greater role in India’s energy mix: AEC chairman Ajit Mohanty
New Delhi : Nuclear power to play greater role in India’s energy mix: AEC chairman Ajit Mohanty. : Economic Times
Gautam Solar enters solar cell manufacturing, to invest Rs 1,000 cr in facility
New Delhi : Gautam Solar enters solar cell manufacturing, to invest Rs 1,000 cr in facility. : Economic Times
Torrent Power bags 1,500 MW pumped hydro storage project
New Delhi : Torrent Power bags 1,500 MW pumped hydro storage project. : Economic Times
PM Modi interacts with beneficiaries of PM Surya Ghar Muft Bijli Yojana in Gujarat
New Delhi : Prime Minister Narendra Modi interacted with the beneficiaries of the PM Surya Ghar Muft Bijli Yojana during his recent visit to Gujarat. : Mint
Centre to reach out to states to resolve RE issues, boost flagship solar schemes: Joshi
Gandhinagar : With the state committing to install 540GW of renewable energy capacity by 2030, Union minister for new and renewable energy Pralhad Joshi said. : Mint
REC signs ?1.12 trillion worth MoUs to finance green energy projects
Gandhinagar : State-run REC Ltd has inked agreements amounting to ?1.12 trillion with renewable energy companies to finance a range of green energy projects. : Mint
NTPC Green Energy files draft papers for around Rs 10,000 crore IPO
New Delhi : India’s largest power generating company, the state-owned NTPC Limited, has filed IPO papers for its green energy arm. : Business Standard
Tata Power Renewable Energy bags 400 MW wind-solar project from MSEDCL
New Delhi : Tata Power Renewable Energy on Wednesday said it has secured a 400 MW wind-solar hybrid project from Maharashtra State Electricity Distribution Company Ltd (MSEDCL). : Business Standard
Ireda gets govt approval to raise up to Rs 4,500 crore via QIP route
New Delhi : State-owned Indian Renewable Energy Development Agency (Ireda) said it has received the government’s approval to raise up to Rs 4,500 crore through an issue of equity shares to qualified institutions placement. : Business Standard
TPREL pledges Rs 75,000 crore to achieve 20GW solar capacity by 2030
New Delhi : Tata Power Renewable Energy Ltd (TPREL) has committed an investment of Rs 75,000 crore to achieve 20GW of operational capacity by 2030, a top company official said. : Business Standard
Gautam Solar to set up 2 GW PV cell manufacturing facility
New Delhi : Gautam Solar has announced plans to establish a 2 GW PV cell manufacturing plant with an estimated investment of INR 1,000 crore. : pv-magazine.com
BHEL pays final dividend of Rs 55 crore to Govt for FY 2023-24
New Delhi : Bharat Heavy Electricals Limited (BHEL), India’s largest power generation equipment manufacturer, has paid a final dividend of Rs 55 crore to the Government of India for the financial year 2023-24. : psuwatch.com
GUVNL announces green financing fund at RE-INVEST
New Delhi : Gujarat Urja Vikas Nigam Ltd (GUVNL) has announced a green financing fund at the 4th Global Renewable Energy Investors Meet and Expo (RE-INVEST). : psuwatch.com
Jindal India Renewable Energy forays into battery storage space
New Delhi : Jindal India Renewable Energy, part of the BC Jindal Group, on Wednesday announced its foray into battery energy storage systems (BESS) space. : psuwatch.com
NLCIL signs MoU with IIM Calcutta
New Delhi : NLC India Limited (NLCIL), a Public Sector Undertaking under the Ministry of Coal, has entered into a Memorandum of Understanding (MoU) with the Indian Institute of Management Calcutta (IIM Calcutta), one of India’s most prestigious business schools known for its rigorous academic programs. : psuconnect.in
Tarun Kapoor, Advisor to Prime Minister visited SJVN Pavilion
New Delhi : Sh. Tarun Kapoor, Advisor to the Prime Minister, Govt. of India, visited SJVN Pavilion at 4th Global REINVEST2024 in Gujarat. : psuconnect.in
BHEL receives Rajbhasha Kirti Puraskar
New Delhi : Bharat Heavy Electricals Limited (BHEL), has been awarded the Rajbhasha Kirti Puraskar by the Department of Official Language, Ministry of Home Affairs, Government of India. : psuconnect.in
REC signs MoU with RE developers for Rs 1.12 lakh crore during 4th RE-INVEST
New Delhi : REC Limited, a Maharatna CPSU under the Ministry of Power and a leading NBFC, has signed Memorandum of Understanding (MoU) during 4th Global Renewable Energy Investors Meet & Expo (RE-INVEST 2024) in Gandhinagar with RE developers aggregating about Rs 1.12 lakh crore which will be implemented over a period of 5 years. : psuconnect.in
PFC pays Rs 462 cr dividend to govt
New Delhi : State-owned Power Finance Corporation (PFC) has paid a final dividend of Rs 462 crore to the Government of India for 2023-24, a statement said on Wednesday. : millenniumpost.in
REC inks MoUs worth Rs 1.12 lakh crore with RE developers
New Delhi : REC said that it has signed non-binding memorandum of understandings (MoUs) with Renewable Energy (RE) developers aggregating about Rs 1.12 lakh crore, which will be implemented over a period of 5 years. : Business Standard
” Mumbai : Aspiring for ‘Net-Zero Emissions’ in the next five years, the Chhatrapati Shivaji Maharaj International Airport (CSMIA) has bagged the CII’s national award for Excellence in Energy Management, officials said here on Tuesday. ” : Sarkaritel.com
” New Delhi : The”RE-Invest 2024? summit, organised by the Ministry of New and Renewable Energy, concluded here on Wednesday. The event, in which over 200 companies participated, witnessed the signing of MoUs worth Rs 59,000 crore for 94,460 MW pumped hydropower projects.” : Sarkaritel.com
INOXGFL Group’s IGREL Renewables raises Rs 300 cr equity capital from marquee investors
New Delhi : INOXGFL Group’s IGREL Renewables raises Rs 300 cr equity capital from marquee investors. : Economic Times
Global RE-Invest: REC signs MoU worth Rs 1.12 lakh crore with renewable energy developers
New Delhi : Global RE-Invest: REC signs MoU worth Rs 1.12 lakh crore with renewable energy developers. : Economic Times
Govt nod to NPCIL-NTPC joint venture for building nuclear plants in Rajasthan
New Delhi : Govt nod to NPCIL-NTPC joint venture for building nuclear plants in Rajasthan. : Economic Times
India’s Hero Future Energies plans to invest $20 billion in renewables over 6 years
New Delhi : India’s Hero Future Energies plans to invest $20 billion in renewables over 6 years. : Economic Times
Reliance Power settles Rs 3,872 crore guarantor obligations for Vidarbha Industries Power
New Delhi : Reliance Power settles Rs 3,872 crore guarantor obligations for Vidarbha Industries Power. : Economic Times
Jindal India Re to build 1 GWh battery pack assembly, eyes 5 GWh capacity by 2027
New Delhi : Jindal India Re to build 1 GWh battery pack assembly, eyes 5 GWh capacity by 2027. : Economic Times
Hero Future Energies to invest $20 billion to boost renewable energy capacity to 30 GW by 2030
New Delhi : Hero Group’s power production unit, Hero Future Energies, plans to invest $20 billion to scale up its capacity over the next six years, chairman Rahul Munjal told Reuters. : Mint
NTPC Green Energy files draft papers for ?10,000 crore IPO
New Delhi : NTPC Green Energy, the renewable energy subsidiary of NTPC, filed draft papers with the Securities and Exchange Board of India (SEBI) on Wednesday, seeking to raise ?10,000 crore through an initial public offering (IPO). : Mint
Adani Group’s Bid to Buy Reliance Power’s Plant Near Mumbai Gets a Freash Boost
Mumbai : Adani Group’s Bid to Buy Reliance Power’s Plant Near Mumbai Gets a Freash Boost. : Mint
PFC pays Rs 462 cr final dividend for 2023-24 to govt; BHEL pays Rs 55 cr
New Delhi : State-owned Bharat Heavy Electricals Ltd (BHEL) on Wednesday said it has paid a final dividend of Rs 55 crore for 2023-24 to the government. : Business Standard
Tata Power to scale up internal renewable energy component supply chain
New Delhi : To navigate the supply chain challenges in its renewable energy (RE) businesses, Tata Power is looking to scale up the manufacturing of key components to meet the group’s needs across RE projects. : Business Standard
Inox Wind up 3%; receives LoI from IGREL Renewables for 550 Mw wind project
New Delhi : Inox Wind share price today rose 3.4 per cent to Rs 253.1 per share in the intraday trade on the BSE. The share price was close to Inox Wind’s stock’s record high of Rs 254.2 per share, touched on September 16, 2024. : Business Standard
Sunsure Energy, REC sign MoU for INR 10,000 crore to develop green energy projects
New Delhi : Sunsure Energy, a C&I renewable energy solution provider in India, has signed a memorandum of understanding (MoU) with REC Ltd for debt finance of INR 10,000 crore to support the development of 3 GW of solar, wind, hybrid, and battery energy storage projects. : pv-magazine.com
REC signs renewable energy MoUs worth Rs 1.12 lakh crore at RE-Invest 2024
New Delhi : REC Limited, a Maharatna public sector undertaking (PSU) under the Ministry of Power, has signed Memorandums of Understanding (MoU) during the 4th Global Renewable Energy Investors Meet & Expo (RE-INVEST 2024) in Gandhinagar. : psuwatch.com
PFC pays a final dividend Rs 462 crore to Govt for FY’24
New Delhi : Maharatna power PSU Power Finance Corporation (PFC) has paid a final dividend of Rs 462 crore to the Government of India for 2023-24, a statement said on Wednesday. : psuwatch.com
RE-Invest 2024: SECI plans foray into RE power generation, to add 10 GW by 2030
Gandhinagar : Solar Energy Corporation of India (SECI), a public sector undertaking (PSU) which has until now been mostly involved in bidding out Renewable Energy (RE) projects, is planning a major foray into developing RE projects. : psuwatch.com
RE-Invest 2024 has potential to be powerful catalyst for climate action, says V-P
Gandhinagar : India’s three-day-long Global Renewable Energy Investor’s Meet and Expo (RE-INVEST 2024) came to a close on Wednesday with Vice-President Jagdeep Dhankar’s closing address in which he stressed the urgency with which the world needs to look at Renewable Energy (RE) expansion. : psuwatch.com
BHEL pays Rs 55 Crore Final Dividend for FY 2023-24 to Govt
New Delhi : Bharat Heavy Electricals Limited has paid a final dividend of Rs.55 Crore for the year 2023-24 to the Govt. of India. : psuconnect.in
REC commits $280 million to Hygenco’s green ammonia project in Odisha
New Delhi : Green hydrogen producer Hygenco has partnered with REC Limited to secure $280 million in financing for its Green Ammonia Project in Gopalpur, Odisha. : psuconnect.in
PFC pays final dividend of Rs. 462 crore to Government of India for the financial year 2023-24
New Delhi : Power Finance Corporation (PFC), a Maharatna Company and a leading NBFC in the power sector, has paid Rs 462 crore to the Govt. of India and Rs 363 crore to other shareholders, totalling Rs 825 crore as the Final Dividend for the financial year 2023-24. : psuconnect.in
PFC Pays Rs 462 Crore Dividend to Govt in 2023-24
New Delhi : State-owned Power Finance Corporation (PFC) has paid a final dividend of Rs 462 crore to the Government of India for 2023-24, a statement said on Wednesday. : rediff.com
REC pledges Rs 1.12 lakh crore RE funding in next five years
New Delhi : State-owned leading power sector lender REC on Wednesday signed a Memorandum of Understanding with developers of renewable energy for projects worth Rs 1.12 trillion to be implemented over a period of five years. : Financial Express
Oil and Gas
UP attracts Rs 1.15 lakh crore investment for green hydrogen projects
New Delhi : The state of Uttar Pradesh has received investment proposals totaling Rs 1.15 lakh crore from 17 companies to produce green hydrogen and green ammonia, with the potential to create 20,000 jobs. : psuwatch.com
Govt slashes windfall tax on petroleum crude to nil effective Sep 18
New Delhi : The government on Tuesday slashed windfall tax on domestically produced crude oil to ‘nil’ per tonne with effect from September 18. : Business Standard
India, US to explore ways to boost cooperation across energy value chain
New Delhi : Union Minister of Petroleum and Natural Gas Hardeep Singh Puri held a meeting with US Assistant Secretary of State for Energy Resources Geoffery Pyatt on the sidelines of GasTech 2024 in Houston. : Business Standard
Uttar Pradesh secures ?1.15 lakh crore investments for green hydrogen, ammonia projects
Lucknow : Uttar Pradesh secures ?1.15 lakh crore investments for green hydrogen, ammonia projects. : Economic Times
India plans to keep buying cheap Russian oil, says Hardeep Singh Puri
New Delhi : India is prepared to keep buying oil from Russian companies that are allowed to make such sales, since prices are cheap, oil minister Hardeep Singh Puri said on Tuesday. : Business Standard
Declining shipments of petroleum products hurting India’s overall export figures
New Delhi : Declining shipments of petroleum products hurting India’s overall export figures. : Economic Times
Indian plans to keep buying cheap Russian oil, oil minister says
New Delhi : Indian plans to keep buying cheap Russian oil, oil minister says. : Economic Times
Russian insurance shores up oil exports to top buyer India
New Delhi : Russian insurers are playing a growing role facilitating the country’s oil shipments to India, its biggest buyer, data obtained from trade and shipping sources shows, helping to protect Moscow’s export revenue despite western sanctions. : Economic Times
ONGC, OIL rise up to 2.5% as govt cuts windfall tax on crude oil to nil
New Delhi : ONGC, OIL rise up to 2.5% as govt cuts windfall tax on crude oil to nil. : Business Standard
Windfall tax cut on crude may not impact companies and govt: Analysts
New Delhi : The windfall tax on domestically produced crude oil being slashed to zero is not expected to have a significant impact on the government’s revenue or the tax burden of upstream oil companies, analysts said on Wednesday. : Business Standard
India will contribute to 35% of global energy demand in 2 decades: Puri
New Delhi : “If global demand is increasing by one per cent, ours is surging three times faster. Over the next two decades, India will contribute to 35 per cent of the global increase in energy demand,” he said. : Business Standard
Windfall tax on crude petroleum slashed to zero
New Delhi : The government has slashed windfall tax on domestically produced crude oil to ‘nil’ per tonne with effect from September 18. : psuwatch.com
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On September 18
New Delhi : Petrol, Diesel Prices Today On September 18, 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
