23-Sep-2024
Power
” New Delhi : The $1 billion India-US initiative to build a safe and secure global clean energy supply chain aims to capture the benefits of the clean energy transition, including the creation of high-quality jobs, acceleration of clean energy deployment and achievement of global climate goals, the government said on Sunday.” : Sarkaritel.com
Power Grid Corporation Of India Gets High-Altitude Sustenance Technologies From DRDO
New Delhi : The Defence Institute of Physiology and Allied Sciences (DIPAS), a leading laboratory under the Defence Research and Development Organisation (DRDO) handed over critical high-altitude sustenance technologies to the Power Grid Corporation of India Ltd (PGCIL) during an orientation workshop on September 21, 2024, at PGCIL’s regional headquarters in Jammu. : indianpsu.com
BHEL secures Rs 6,100 crore Order from NTPC for Power Project
New Delhi : State-owned Bharat Heavy Electricals Ltd has received notification of an award for a Rs 6,100-crore project from NTPC Ltd. The project is to be completed within two years from the award notification date. : psuconnect.in
Patel Engineering wins order for NHPC hydro power project in Sikkim
New Delhi : NHPC has declared Patel Engineering (PEL) as L1 for a Rs. 240.02 crore contract for the works involving modification of diversion tunnel into tunnel spillway arrangement – Civil & Hydro Mechanical works for Package 6 – TEESTA-V POWER STATION, SIKKIM. : psuconnect.in
NTPC board grants investment approval for two thermal power projects
New Delhi : The Board of Directors of NTPC in its meeting held on 19 September, 2024 has accorded investment approval for two power projects. : proactiveinvestors
SECI plans IPO within two years, targets 10 GW capacity by 2030: CMD
New Delhi : SECI plans IPO within two years, targets 10 GW capacity by 2030: CMD. : Economic Times
Reliance Power plans to raise ?6,000 cr to expand operations
New Delhi : Reliance Power is planning to raise around ?6,000 crore to expand operations, according to sources aware of the development after announcing last week that it had become a debt-free company. : Economic Times
Centre approves 2 hydro pumped storage projects with 2,500 MW capacity
New Delhi : The government on Sunday said it has approved two more hydro pumped storage projects (PSPs) towards realising the country’s renewable energy (RE) goals. : Sarkaritel.com
India, US to ‘unlock’ $1 billion to catalyse India’s clean energy supply chain
New Delhi : India and the US on Saturday announced the launch of an initiative to “elevate and expand” cooperation in support of clean energy supply chains and extend this partnership to third countries, with a focus on Africa. : Sarkaritel.com
Adani Energy Solutions to see 20 pc CAGR revenue growth with over 100 pc upside for stock: Report
New Delhi : Adani Energy Solutions to see 20 pc CAGR revenue growth with over 100 pc upside for stock: Report. : Economic Times
Adani Energy Solutions valued at $18.5 billion; revenue to grow 20%
New Delhi : Adani Energy Solutions Ltd, power transmission utility of the Adani group, is valued at USD 18.5 billion at enterprise level and a strong business growth is likely to propel a 29 per cent compounded growth in its pre-tax profits over the next three years, a report said. : Economic Times
IGREL Renewables Eyes Fresh Rs.300 Crore Equity Fundraise Next Fiscal
New Delhi : IGREL Renewables Eyes Fresh Rs.300 Crore Equity Fundraise Next Fiscal. : Mint
India, Germany to improve cooperation in clean energy, mobility sectors
New Delhi : Ahead of German Chancellor Olaf Scholz’s visit to India, New Delhi and Berlin have decided to shore up cooperation in the areas of renewable energy, urban development, agroecology and mobility. : Business Standard
Odisha: Clash over ash disposal at NTPC plant in Darlipali
Rourkela : A clash erupted at Bhasma over control of ash discharged from Darlipali power plant of NTPC. It all started when a gang led by one Suraj Patel from Tileimal in adjacent Jharsuguda district and Darlipali ransacked the office of ash loading contractor Sanjay Pande. : New Indian Express
Reliance Power board meeting on Sept 23; firm to consider fund raise
New Delhi : Anil Ambani’s Reliance Group has in recent years seen marquee firms being auctioned in insolvency proceedings and piling debt-fold businesses. : Business Standard
Himachal Cabinet approves handing over of 780 MW hydro power project to HPPCL
New Delhi : The Himachal Pradesh Cabinet on Friday gave its approval to hand over the 780 MW Jangi Thopan Powari Hydro Power Project to HP Power Corporation Ltd (HPPCL). : psuwatch.com
India, US working on $1 bn multilateral financing for clean energy supply chain
New Delhi : India is working with the US on a multilateral financing worth $1 billion to develop domestic clean-energy supply chain. : Mint
Gujarat leads way as India sets ambitious renewable energy targets
New Delhi : In its journey towards a greener and more sustainable future, Gujarat has emerged as a trailblaser in the field of renewable energy. : Business Standard
Oil and Gas
” New Delhi : India and Brazil have reinforced their commitment to strengthen existing collaboration in the energy sector, including Indian upstream investment, mutually beneficial relationship in bilateral trade and cooperation in sustainable fuels, particularly biofuels, it was announced on Saturday.” : Sarkaritel.com
Signing of Non-Associated Gas deal in Azeri-Chirag-Deepwater Gunashli (ACG), Azerbaijan
New Delhi : ONGC Videsh, together with the State Oil Company of the Azerbaijan (SOCAR), bp, MOL, INPEX, Equinor, ExxonMobil, TPAO, and ITOCHU, have signed an addendum to the existing Production Sharing Agreement (PSA) for ACG Field in the Azerbaijan sector of the Caspian Sea. : Sarkaritel.com
Oil ends week higher as investors take stock of Fed rate cuts
New Delhi : Oil ends week higher as investors take stock of Fed rate cuts. : Economic Times
Oil ends week higher as investors take stock of Fed rate cuts
New Delhi : Oil ends week higher as investors take stock of Fed rate cuts. : Economic Times
Venezuelan crude flows to public sector refiners via third parties
New Delhi : While public sector refiners await a sanction waiver from the United States to purchase crude from Venezuela, they have already begun engaging in “second-order transactions” to source it from companies that already hold the waiver, according to sources at the Ministry of Petroleum and Natural Gas. : Business Standard
Ex Sebi chief to head panel on ending monopolies in gas transmission
New Delhi : Oil regulator has formed a committee under former Sebi chairman Ajay Tyagi to recommend ways of ending monopolies enjoyed by companies engaged in both transportation and marketing of natural gas and city gas retailing. : Business Standard
BPCL, IONAGE inks Partnership to Enhance EV Charging Infrastructure
New Delhi : Bharat Petroleum Corporation Limited (BPCL), recognized as a ‘Maharatna’ has collaborated with Bangalore-based IONAGE, a key player in the e-Mobility services sector. : psuconnect.in
Signing of Non-Associated Gas deal in Azeri-Chirag-Deepwater Gunashli (ACG), Azerbaijan
New Delhi : ONGC Videsh, together with the State Oil Company of the Azerbaijan (SOCAR), bp, MOL, INPEX, Equinor, ExxonMobil, TPAO, and ITOCHU, have signed an addendum to the existing Production Sharing Agreement (PSA) for ACG Field in the Azerbaijan sector of the Caspian Sea. : psuconnect.in
‘Gas leak’ in Godavari river triggers panic in Andhra’s Konaseema
New Delhi : The Ambedkar Konaseema district is currently grappling with a concerning issue following a reported gas leakage under the River Godavari, near Dariyalatippa village. This incident has sparked fear and anxiety among local residents, who are worried about the potential dangers of the leak. : New Indian Express
Adani Total Gas secures largest global financing in city gas biz at $375 mn
New Delhi : Adani Total Gas secures largest global financing in city gas biz at $375 mn. : Economic Times
Adani Total Gas secures over Rs 3000 crore from international lenders
New Delhi : Adani Total Gas Ltd (ATGL), the equal joint venture between Adani Group and French energy major Total Energies, has raised Rs 3131 crore ($375 million) from BNP Paribas, DBS Bank, Mizuho Bank, MUFG Bank, and Sumitomo Mitsui Banking Corporation, the company said. : Economic Times
Incentives, local support at state can boost biogas sect, says industry
New Delhi : Additional financial assistance, easy access to finance and local support mechanisms are some of the measures that the state governments can take to promote the biogas sector which can help them save Rs 50,000 crore in various means, Indian Biogas Association (IBA) has suggested. : Business Standard
Countries should tax oil imports, reduce methane emissions: Climate Group
New Delhi : International non-profit organisation Climate Group kicked off the annual Climate Week NYC on Sunday, urging countries to tax imports of oil and gas to fund the green transition, remove barriers to renewable energy expansion, and rapidly reduce methane emissions. : Business Standard
ONGC Videsh signs new deal to explore, produce natural gas in Azerbaijan’s ACG field
New Delhi : ONGC Videsh and the State Oil Company of the Azerbaijan (SOCAR), along with other global oil majors, have signed a new deal for the exploration, development and production of Non-Associated Natural Gas (NAG) reservoirs of the ACG field in the Azerbaijan sector of the Caspian Sea. : psuwatch.com
ONGC Videsh Signs Non-Associated Gas deal in Azeri-Chirag-Deepwater Gunashli (ACG), Azerbaijan
New Delhi : ONGC Videsh, together with the State Oil Company of Azerbaijan (SOCAR), bp, MOL, INPEX, Equinor, ExxonMobil, TPAO, and ITOCHU, have signed an addendum to the existing Production Sharing Agreement (PSA) for ACG Field in the Azerbaijan sector of the Caspian Sea. : psuconnect.in
BPCL expands E20 network to 4,279 fuel stations
New Delhi : Bharat Petroleum Corporation Limited (BPCL) is making extensive efforts to expand its E20 fuel offerings. E20 petrol consists of 20% anhydrous ethanol blended with 80% motor gasoline fuel by volume. : psuconnect.in
India and Brazil Forge Stronger Ties in Sustainable Biofuels Sector
New Delhi : India and Brazil have strengthened their partnership in the energy sector, focusing on sustainable fuels, especially biofuels, during Union Minister Hardeep Singh Puri’s official visit to Brazil. : devdiscourse
