Top Indian Energy Industry News & Updates - 26 Jun 2021,Saturday

🗎 Govt. Policy

📝 High oil prices will throttle recovery, Dharmendra Pradhan tells Opec
📝 Assam cabinet increases compensation to be paid by oil exploration companies for private land acquisition
📝 Renewable energy sector in India gets USD 70 billion investment in 7 years: R K Singh
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🏢 Corporate

📝 JSW Energy posts 27% decline in profit to Rs 795 cr, income slides 16%
📝 JSW plan Rs 75,000 crore investment to scale up capacity to 20 gw by FY30:CEO
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🌢 Oil & Gas

📝 IGL Q4 net falls 2% sequentially
📝 ONGC posts threefold sequential rise in Q4
📝 ONGC reports Rs 6,734 cr net profit in Q4
📝 Higher petrol, diesel consumption can help govt cut fuel cess without impacting revenues: ICRA
📝 OVL on an oil slick, struggles with geopolitical and domestic challenges
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🌢 Opec

📝 Oil keeps climbing on tight supply outlook, eyes on OPEC+
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💡 Power

📝 PGCIL seeks shareholder nod to capitalise Rs 1,743 cr reserves to issue bonus shares
📝 Tamil Nadu power sector companies incurred Rs 13,000 crore loss: CAG
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🌞 Solar Power

📝 Reliance Industries earns a place in the sun with global solar play
📝 Schneider to infuse Rs 350-400 cr in Indian subsidiary Luminous Power
📝 High solar module price to reduce auctioned project’s returns, increase tariffs
📝 ReNew Power eyes Morgan Stanley stake in Continuum
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