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Energy Management News 3rd Jan 2024

Energy Management News from NTPC School of Business

  • Prime Minister Shri Narendra Modi inaugurates new projects, lays stone for new initiatives in TN; all worth over Rs 20,000 cr
  • SC to pronounce judgement on Wednesday on Adani-Hindenburg row over charges of market manipulation
  • Power sector sees AT&C losses drop to 15.41 per cent in 2022-23
  • REC signs MoU with RVNL for financing infrastructure projects worth 35,000 crore
  • India dials Saudi as Russian oil purchases hit 11-month low in December
  • IndiGrid secures major transmission projects, set to invest over Rs 1,000 crore
  • Rays Power Infra files IPO papers with Sebi
  • LPG consumption hits 2.49 MMT in November 2023, registers 1% yearly growth
    Oil & Gas
  • Oil and gas sector contributes Rs 3.4 trillion to govt kitty in H1FY24 Financial Express
  • Russian oil cargoes head away from India amid payment issues
  • Petrol, diesel sales drop as winter sets in
  • India hikes windfall tax on crude oil
  • Indian Gas Exchange partners with S&P Global for benchmark integration in long duration contracts
  • Truckers’ protest: Fuel pumps in Punjab see panic buying over fears of stocks running out
  • BHEL making India self-reliant in energy, infra; contributing to defence, space sector: Heavy industries minister
  • Jakson Group installs 250-kW solar rooftop at Ayodhya airport
  • Karnataka: Two tribal hamlets outside Nagarahole to get microgrid
  • Ambani, Adani, Tata & Jindal: The four pillars of Indian team boosting Modi’s self-reliance vision
  • Who’s going to work all those green transition jobs?
  • Divine Power Energy plans to launch IPO by March; eyes Rs 400 crore turnover by 2026
  • CCI clears PSPCL’s acquisition of GVK Power (Goindwal Sahib) Limited
  • Ola Electric records 30,219 registrations in December 2023
  • Power-packed move: Discoms surely need more of the same medicine, but under stricter monitoring Financial Express
  • India’s coal production rises 10.75% in December, hits 92.87 MT; CIL leads with robust growth
  • APSEZ achieves record 42% increase in cargo handling, eyes 400 MMT target in FY24
  • Coal India’s supply to non-regulated sector rises 31%
  • Coking coal imports to India fall 11% QoQ amid rising prices; thermal coal still in high demand
  • Coal scam: CBI closes case pertaining to 1998 allotment of Kilhoni block
  • CCI study on mining sector flags iron ore pricing, export issues
  • Singareni Collieries CMD transferred, N Balram gets additional charge
  • Oil advances as Iran warship entering Red Sea increases tensions
  • Five oil majors to distribute more than $100bn to shareholders
  • Europe-bound diesel, jet fuel cargoes divert from Red Sea
  • China saw hottest recorded year in 2023
  • With Robust Q4 Sales, BYD Lays Out Challenge for Tesla
  • More EVs lose US tax credits including Tesla, Nissan, GM vehicles

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