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February Energy Management News from Updates -NTPC School of Business
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India’s renewable energy capacity reaches 188 GW, aims for 50% non-fossil fuel power by 2030: President Murmu |
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Hygenco to invest $2.5 bn over 3 years to set up Green Hydrogen projects in India |
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Cleantech Solar secures Rs 6.25 Billion loan from Tata Capital |
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India’s electric two-wheeler sales surge 34.42% in Q3 FY 24, anticipation high for FAME III scheme |
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Venture capital funding in energy storage increases 59 per cent year-over-year: Report |
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SECL partners with HLL Lifecare to launch Amrit Pharmacies in hospitals |
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Nebula Energy buys majority in AG&P LNG, targets expansion in Asian LNG market |
Oil & Gas | |
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Budget 2024: What to watch out for in India’s pre-Lok Sabha election Budget |
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North East LPG cylinder carriers of IOC go on indefinite strike |
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Export of petroleum products falls to 15-month low in Jan Financial Express |
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The world’s last wave of oil refining bets all about India |
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Accelerating the Adoption of Digital Twin in India’s Energy Landscape to Elevate Value and Efficiency |
Renewable | |
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NTPC gets DIPAM nod to list arm NTPC Green Energy to raise Rs 10,000 cr |
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India needs a green grid fund in Union Budget to build transmission networks, says Sterlite Power MD on Budget expectations Moneycontrol |
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Suzlon Q3 net profit jumps to Rs 203 crore |
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CSL bags global order for construction of hybrid service operation vessels |
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Tata Power-DDL, ASCI partner for skill training in power, renewable energy sectors |
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Moody’s affirms UltraTech Cement’s Baa3 ratings with stable outlook, cites strong credit metrics |
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Budget 2024: Fueling growth for the renewable energy sector |
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Pre-Budget Expectations: Integrating DeepTech into Pre-Budget Discussions on Air Quality |
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OPINION: Solar rooftop on 1 crore homes Making it happen |
Power | |
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Ola Electric January registrations at record high of 31,000 with 40% 2W market share |
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Omega Seiki Mobility plans hydrogen-powered SCVs with French technology |
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NTPC to bid for stressed KSK Mahanadi thermal power project in Chhattisgarh Business Standard |
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Bajaj Auto to launch CNG bikes in FY25, will be priced higher than petrol vehicles |
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Smart meters are a necessity and no longer a luxury for India’s power distribution sector |
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Union Government should consider inclusion of ZEVs as part of phase out policy for ICE trucks |
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Union Budget 2024: Expectations to Charge up and Catalyse the EV Sector |
Coal | |
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Coal powers 3.8% growth in India’s eight core industries, crude oil slips |
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Jindal Steel Q3 profit jumps as lower costs offset weak sales |
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Ambuja Cements Q3 profit rises two-fold to Rs 1,089.55 cr |
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India rebuilds coal stocks to ensure electric reliability: Kemp |
International | |
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Venezuela prepared for reimposition of US sanctions on its oil |
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UK lawmakers warn Russia skirting oil sanctions with ‘shadow’ tankers |
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Black smoke rising from Japan thermal power plant after explosion -NHK |
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China quietly expanding influence in Taliban-ruled Afghanistan |
Power | |
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PM lays foundation stone for 1st phase of NLC India’s Talabira power project in Odisha |
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Force Motors plans to invest around Rs 2,000 cr in 3-4 years, to focus on EV development: MD Prasan Firodia |
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Uber Green launched at Bharat Mobility Expo, Delhi |
Coal | |
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Tata Steel proposes additional GBP 130-mn support package for Port Talbot workers in UK: CFO |
Power | |
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RECPDCL hands over five inter state transmission project SPVs to successful bidders |
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UP info commission issues arrest warrant as power dept ‘ignores’ RTI query on connection from 1911 |
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Ashok Leyland progressing well in network expansion in North & East |
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Red Sea crisis impacting supply chain, expect recovery in coming months: Audi India Head |
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Domestic, rural consumers also driving power demand: Tata Power CEO Business Standard |
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Expect some impact on costs due to Red Sea crisis: Maruti Suzuki |
Coal | |
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Coal samples stolen from Singaji thermal power plant |
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Adani Power wins bid for Lanco Amarkantak coal plant in India Power Technology |
- MNRE brings back ALMM for solar modules; to be in effect from 1 April 2024
- Nextracker, SWRE collaborate on 1.875 GW solar projects in Gujarat; global ties exceed 5GW
- Rozgar Mela: PM Modi distributes over 1 lakh appointment letters to new recruits in govt depts
- Nextracker triumphs over Red Sea disruptions, sets sights on expansion in India’s solar market: Nextracker CEO
- Sterlite Power announces financial closure of Rs 2,400-cr Beawar transmission project from REC Ltd
- Top 500 private companies valuation at USD 2.3 trn, around 71% of India GDP
$2 trillion annual investment required to triple renewables by 2030: Report
Procurement from GeM portal to cross Rs 4 lakh crore this fiscal: Official
Oil & Gas - SC permits IOCL, ArcelorMittal firm to start arbitration to resolve dispute over Essar Steel
- THINK Gas signs agreement with Megha City Gas for natural gas supply in Bhopal
Vedanta’s aluminium business head says demerger process to be completed in next 9-12 months - India’s petroleum products demand to increase mid-single-digit percentage in 2023-24: Fitch
- Centre receives Rs 1,863 crore from GAIL as dividend
- India’s ONGC plans rouble payment for Sakhalin 1 stake
Renewable - Hartek Power bags 113 crore solar project in Bihar from SJVN Green Energy
- Apraava Energy bags new transmission Project in Madhya Pradesh
- Gensol, Matrix Gas consortium win PLI bid for 63-MW green hydrogen electrolyser capacity
- Alpex Solar IPO records 303 times subscription till final day bidding
Union Ministers Khuba, Murugan hand over appointment letters to recruits in T’gana - Assam budget provides realistic roadmap for sustainable growth: Himanta
NHPC Q3 net profit falls by 19pc to Rs 628 crore - Tata Motors joins LeadIT initiative to speed up transition to net zero
- Switching to green power justly Financial Express
- COP28: A Turning Point from Talks to Action
- Okaya EV cuts prices of its entire range with discounts up to INR 18,000 till month-end
- No subsidised power to ministers, govt staff: Assam CM
- No more power connection to illegal constructions in Greater Noida
- Enhancing the effectiveness of government incentives for energy storage systems
- Uttarakhand to levy ‘green cess’ on vehicles entering state
Is Gujarat becoming India’s detroit for EVs? - OPINION: Between well-designed incentive programs and their implementation
- Coal India net profit rises 17 pc to Rs 9,069 cr in Q3
- Steel Authority of India’s Q3 profit drops as imports dent sales, prices
- Mine bidders to face penalties for delays; Centre proposes timelines
International - Trump-Biden 2024 election rematch promises economic pain for China
- Gas booming for UN COP29 host Azerbaijan
- Greta Thunberg marches in France against oil drilling
- The $10 billion mistake that will revive Canadian oil
- Iraq committed to OPEC, will not produce more than 4 mln bpd
- Stellantis uses surplus plants in Europe as leverage in a fight with Rome