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MEDIA UPDATE (JUNE 20, 2022)

Edited By : Ameya Sathaye
Published : June 20, 2022, 6:53 AM IST   |   38

20-Jun-2022

Power

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” New Delhi : हजारीबाग में रविवार को ‘एक दौड़ मानवता की’ थीम पर पकरी बरवाडीह एवं चट्टी बरियातू कोयला खनन परियोजना के स्पोर्ट्स काउन्सल एवं जागृति महिला संघ की ओर से मिनी मैराथन दौड़ का आयोजन किया गया। जिसमें शामिल धावकों ने मौलाना आजाद स्टेडियम से हज़ारीबग झील तक 4 किमी की मैराथन दौड़ लगाई। मानवता के लिए दौड़े धावकों में हर आयु वर्ग के महिला, पुरुष शामिल रहें।” : Sarkaritel.com

BHEL Bhopal won Economic Times DataCon Award 2022

526d4d77ceb9fNew Delhi : BHEL’s Bhopal unit has won the prestigious Economic Times DataCon Award 2022, in the category of ‘Automated Data Management’. The award recognises path-breaking initiatives undertaken by Indian enterprises towards becoming data-centric. : psuconnect.in

Coal India plans green mining options by leveraging technology to boost output

526d56d32cf13New Delhi : State-owned CIL is looking at green mining options by leveraging a slew of eco-friendly technologies in both underground and opencast mines, a move that would help in augmenting the production and reduce the adverse impact on environment. : Economic Times

Dr. John Mathai assumed charge of Member-Secretary, DVC

5270f43db9e7fNew Delhi : Dr. John Mathai assumed charge of Member-Secretary, DVC on 16.06.2022. Prior to this, he was holding the post of General Manager in NTPC, taking care of Corporate HR functions and reporting to Director (HR), NTPC. : psuconnect.in

Coal India plans foray into aluminium, solar

526d56d32cf13New Delhi : State-run Coal India Ltd is diversifying into aluminium production, solar power generation and coal gasification as it seeks to decarbonize its operations. : Mint

Coal Ministry should import all coal for power sector

52c44698bc0a7New Delhi : With overseas shipments becoming increasingly necessary to meet the burgeoning power demand in the country, centralised import for all electricity utilities by the coal ministry should be done as it would bring efficiencies and reduce cost, sources said. : Moneycontrol.com

CIL to up output to 100MT by FY30 using eco-friendly tech

526d56d32cf13New Delhi : State-owned Coal India (CIL) is exploring ramping up its UG (underground) production by four-fold to 100 million tonnes (MTs) by FY2030 using a slew of eco-friendly technologies. : New Indian Express

Coal India, Director (P&IR) inaugurates TNA Session

526d56d32cf13New Delhi : Shri. Vinay Ranjan, Director(P&IR), CIL inaugurated the initial session of Training Needs Assessment (TNA) for executives of CIL. : psuconnect.in

Mining firms’ cautious spending threatens shift to green energy

New Delhi : Metals prices are up, but mining companies aren’t spending. Their restraint could keep supplies tight and magnify shortages of raw materials such as copper and zinc that are critical for the transition away from fossil fuels. : Mint

India’s Russian coal buying spikes as traders offer discounts: Report

New Delhi : India’s purchases of Russian coal have spiked in recent weeks despite global sanctions on Moscow, as traders offer discounts of up to 30%, according to two trade sources and data reviewed by Reuters. : Business Standard

India’s domestic coal production increases by 28% as of June 16, 2022

New Delhi : After a record-breaking coal production of 777 million tonnes (MT) in 2021-22, domestic coal production continues to witness an increasing trend in the current financial year as well. : Business Standard

Coal Production Touches Nearly 138 MT as on May, 2022-23

New Delhi : After a record-breaking coal production of 777 Million Ton (MT) in 2021-22, domestic coal production continues to witness an increasing trend in the current financial year as well. : psuconnect.in

Workshop on the form of ‘HR Vision 2025’ of Coal India Limited concluded at WCL

New Delhi : In order to integrate the changes in the field of human resource from time to time and to meet the coal needs of the country, for proper coordination of human resources, ‘HR Vision 2025’ is being formulated by Coal India Limited. : psuconnect.in

In Uttar Pradesh transition towards green energy gains momentum

Lucknow : Uttar Pradesh’s energy transition towards green energy is gaining momentum with strong backing from major players investing in renewable energy sources. : Economic Times

Will go on strike if Electricity (Amendment) Bill is passed without consultation: AIPEF

New Delhi : The All India Power Engineers Federation (AIPEF) on Friday warned that its members would go on strike if Electricity (Amendment) Bill 2021 is passed without taking them into confidence. : Economic Times

EV prices to be on par with cost of petrol vehicles within a year: Gadkari

New Delhi : The prices of all electric vehicles (EVs) will be equal to the cost of petrol vehicles in the country within one year, Road Transport and Highways Minister Nitin Gadkari said on Friday. Gadkari further said the government is promoting ethanol produced from crop residue instead of petrol and diesel. : Economic Times

30 per cent of vehicles sold in India by end of decade will be electric: Report

New Delhi : Almost a third of the vehicles sold in India by 2030 will be electric led by two- and three-wheelers but the penetration of electric in the car segment will remain low, according to a report from Arthur D Little. : Economic Times

Govt directs GENCOS to buy rakes for captive use to ensure smooth coal supply during monsoon

New Delhi : The government has directed the power generation companies (GENCOS) to buy rakes for captive usage, a move which will ensure smooth supplies of coal during the monsoon season. Each year during the monsoon season, the production of domestic coal also falls, Power Minister R K Singh told PTI. : Economic Times

Coal stock at over 52 MT; enough for 24 days’ requirement of power plants

New Delhi : The government on Sunday said that coal stock at various coal mines is more than 52 million tonnes (MT), which is sufficient for about 24 days’ of fuel required for power plants in the country. : Business Standard

PowerGrid recognised as Top 100 Best Companies

New Delhi : Power GridCorporation of India Limited has been once again recognised as Top 100 Best Companies to Work For in India in 2022 by Great Place to Work with unique distinction as the only PSU in Top 100. : psuconnect.in

Ireland’s Electricity Package Will Help Households Save €75 on Power Bills Annually

New Delhi : Ireland’s Electricity Package Will Help Households Save €75 on Power Bills Annually. : mercomindia.com

ETEnergyworld confers 30 awards to energy sector leaders, companies for best performance

New Delhi : ETEnergyworld honoured leaders in the energy sector, including both individuals and companies, for their outstanding contributions with 30 awards conferred under 14 categories under its unique and exclusive initiative The Economic Times Energy Leadership Awards 2022. : Economic Times

Connected Energy raises additional 15 mn pounds in funding

Mumbai : Second life battery energy storage specialist Connected Energy has secured an additional 15 million pounds in a funding round from a bunch of investors, including Hinduja Group, for scaling up its operations and moving into utility scale project development among others. : Economic Times

Indowind Energy Q4 loss at Rs 1 cr

New Delhi : Indowind Energy Ltd on Friday posted a consolidated net loss of Rs 1.05 crore for the quarter ended March 31, 2022. In a regulatory filing, the company said it had clocked Rs 61.26 lakh net profit in January-March 2020-21. : Economic Times

India’s climate targets ambitious, reflect commitment to global good: Bhupender yadav

New Delhi : India’s annual per capita emissions are only a third of the global average but its climate targets are ambitious and reflect its commitment to the global good, Union Environment Minister Bhupender Yadav has said. : Economic Times

Equinor, partners mull 1 GW offshore wind farm to power oil fields

New Delhi : Equinor and its partners in the Troll and Oseberg oil and gas fields in the North Sea are looking into possible options for building a one-gigawatt floating offshore wind farm, the Norwegian energy firm said on Friday. : Economic Times

PTC India Financial Services ties up with GGGI to set up renewable energy-focused infra fund

New Delhi : Infrastructure finance firm PTC India Financial Services (PFS) has signed an agreement with the Global Green Growth Institute for setting up a renewable energy-focused infrastructure debt fund. : Economic Times

Sony, Honda sign JV to sell electric cars by 2025

New Delhi : Japan’s Sony and Honda Motor on Thursday officially agreed to an equally owned joint venture that will start selling electric cars in 2025. : Economic Times

TN power utility faces technical glitch for total automation of electricity bill

Chennai : The Tamil Nadu Generation and Distribution Company (Tangedco), a state government utility, has hit a technical glitch in the total automation of electricity bills. : Economic Times

Tangedco grievance app to be ready soon

Chennai : An app will be launched soon to enable Tangedco consumers to air their grievances, Minister for Electricity V Senthil Balaji told reporters here. The minister visited Minnagam — Tangedco’s consumer grievance address cell — to mark the first-year anniversary of the facility’s launch and reviewed its service performance. : New Indian Express

Oil and Gas

Indian Oil signs pact with Genrobotics to develop cleaning robots

52c021946ef93New Delhi : Indian Oil Corporation (IOC) announced it has joined hands with Genrobotics to develop robotic tools for internal tank cleaning and inspection at refineries. : Economic Times

Oil ministry proposes higher age limit, shorter tenure for ONGC chairman

524e3664f21b1New Delhi : A year after the government headhunter failed to find any suitable candidate for top job at ONGC NSE -1.46 %, the oil ministry has proposed raising of eligibility age as well as a shorter tenure for the new chairman and managing director of India’s top oil and gas producer. : Economic Times

Govt has earmarked refining, fertiliser segments for green hydrogen consumption obligation: S S V Ramakumar, Indian Oil

52c021946ef93New Delhi : The government is planning to begin green hydrogen consumption obligation to kickstart the green hydrogen demand for which it has earmarked the refining and fertiliser segments, said S S V Ramakumar, Director (R&D), Indian Oil Corporation on Friday. : Economic Times

Oil ministry proposes higher age limit, shorter tenure for ONGC chairman

52c0208f8c308New Delhi : A year after the government headhunter failed to find any suitable candidate for top job at ONGC, the oil ministry has proposed raising of eligibility age as well as a shorter tenure for the new chairman and managing director of India’s top oil and gas producer. : Business Standard

Reliance AGM may see more focus on green energy, consumer business

52c0214f2a5ecNew Delhi : The 45th annual general meeting (AGM) of Reliance Industries (RIL) may be held in the next few weeks with some experts believing the company may revive plans of an oil-to-chemicals (O2C) demerger, which was shelved last year. : Business Standard

Petrol, Diesel Prices Drop After Excise Duty Cut: See Fuel Rates in Delhi, Mumbai, Other Cities

62afcb1bd0d7dNew Delhi : The prices of petrol and diesel continue to remain unchanged on Saturday as OMCs kept prices steady for the 28th day straight. : news18.com

HPCL Visakh Refinery, The Hindu FIC to organise ‘Future Perfect’ workshop on June 19

52c021b320336New Delhi : Hindustan Petroleum Corporation Limited (HPCL) Visakh Refinery and The Hindu Future India Club (FIC) are jointly organising ‘Future Perfect’ a unique workshop, where both the students and parents will be addressed on various facets of parenting and career guidance at Skill Development Institute, Arilova, on Sunday. : Hindu

PNB stops 0.75 per cent incentive on fuel purchases via digital modes

New Delhi : With the oil marketing companies discontinuing to pay the incentive of 0.75 per cent while buying fuel via any digital mode at petrol pumps, state-owned Punjab National Bank has stopped passing on the benefit to its customers. : Economic Times

Greenstat Hydrogen and PTC India sign MoU to develop Green Hydrogen Solutions

New Delhi : India’s largest power trader PTC India and Greenstat Hydrogen India announced they have signed a Memorandum of Understanding (MoU) for developing green hydrogen solutions jointly for the Indian power market. : Economic Times

Fuel shortage to disrupt supply chains: Transporters’ body

New Delhi : The shortage of fuel in the country is likely to disrupt supply chains across all sectors of the economy according to the All India Motor Transport Congress (AIMTC). : Economic Times

Selling petrol at ₹14-18 per litre below cost: Private fuel retailers cry foul, seek govt’s intervention

New Delhi : Private fuel retailers have sought government intervention to create a viable investment environment as they claim that they are selling petrol and diesel at losses. : Mint

All private fuel pumps must maintain stock, keep rates reasonable

New Delhi : Private fuel retail operators such as Reliance Industries, BP, Shell, and Rosneft-backed Nayara will have to maintain supplies at reasonable prices at all their pumps as the government has brought all retail outlets under universal service obligations. : Economic Times

Germany takes emergency measures to meet energy needs

Berlin, Germany : Germany announced Sunday emergency measures including increased use of coal to ensure it meets its energy needs after a drop in supply of Russian gas. : Economic Times

May crude oil processing rises y/y, but supply risks loom

New Delhi : Crude oil throughput by Indian refiners rose in May from a relatively low base last year, but concerns loomed over supply amid rapid demand growth in the world’s third biggest oil consumer. : Economic Times

To rein in pvt retailers, govt expands USO to remote petrol pumps

New Delhi : In a bid to rein in private fuel retailers curtailing operations to cut losses, the government has expanded the scope of Universal Service Obligation (USO), mandating licensed entities to maintain petrol and diesel sales at all petrol pumps, including in remote areas, for specified working hours. : Economic Times

Jio-bp, Nayara Energy ask dealers to sell less, keep pumps open

New Delhi : Private fuel marketing companies such as Jio-bp and Nayara Energy have advised their retailers to keep their pumps open and not display a dry out signboard, and also increased fuel prices to discourage sales, retailers told ET. : Economic Times

Refining capacity utilisation up to 110% in May as cos move to meet demand surge

New Delhi : Refining capacity utilisation increased to 110% in May from 93% a year earlier as companies stepped up to meet a demand surge at home and abroad, showed official data. State-run refineries operated at 113% of their nameplate capacity, up from 87% last May. : Economic Times

Fertiliser makers, refiners may have GHPO

New Delhi : Oil refineries, fertiliser companies and steel producers are likely to be asked to meet a compulsory green hydrogen purchase obligation (GHPO) in a planned national move to green energy. : Mint

Fuel prices steady for four weeks in a row

New Delhi : Oil marketing companies (OMCs) have kept petrol and diesel prices unchanged for four consecutive weeks now. : Mint

Oil prices drop 2% on recession concerns, heading for weekly fall

New Delhi : Oil prices fell almost 2 per cent on Friday and were on track for a weekly decline as interest rate hikes from major central banks fuelled worries about a sharp economic slowdown. Brent crude was down $2.19, or 1.8 per cent, at $117.62 a barrel at 1334 GMT (7.04 pm IST), and US West Texas Intermediate crude fell $2.56, or 2.2 per cent, to $115.03. : Business Standard

Qantas Airways, Airbus to make $200 million sustainable fuels investment

New Delhi : Airbus SE and Qantas Airways Ltd. will make a joint investment aimed at kick-starting Australia’s sustainable aviation fuel industry. : Business Standard

Goodbye to petrol two-wheelers by 2025! Ola building core tech for e-car

New Delhi : Located in Pochampalli town in the Krishnagiri district of Tamil Nadu and surrounded by shoe factories, temples, bakery shops, coconut trees, and dusty roads is the newly built Ola Futurefactory. : Business Standard

Govt Comes Into Action Over Petrol, Diesel Shortage, Implements New Rule

New Delhi : In many states of the country, the government has come into action due to the increasing shortage and supply of petrol and diesel. Universal Service Obligation has been implemented for all retail outlets. This rule will also be applicable for remote areas. : Business World

Selling diesel at Rs 20-25/ltr loss, petrol at Rs 14-18/ltr loss: Private retailers to govt

New Delhi : Selling diesel at Rs 20-25 a litre below cost and petrol at Rs 14-18 per litre below cost, as a result of a price freeze despite soaring crude rates is unsustainable, an industry body representing private fuel retailers like Jio-bp and Nayara Energy has told the Oil Ministry and has sought its intervention to create a viable investment environment. : Economic Times

Ameya Sathaye is the Founder & Editor-in-Chief of SarkariTel.com and DiplomacyIndia.com with over 25 years of experience in journalism, public policy, diplomacy, governance, infrastructure and international affairs. He has represented India at major international conferences and has served as an international election observer in Uzbekistan. Detailed Biography → https://www.sarkaritel.com/about-author/
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