22-Jun-2022

Power

” New Delhi : As part of the ‘Azadi Ka Amrit Mahotsav’ celebrations, the 8th International Day of Yoga 2022 was celebrated enthusiastically with Mass Yoga Demonstration based on Common Yoga Protocol, here today.” : Sarkaritel.com

” New Delhi : आठवें अंतर्राष्ट्रीय योग दिवस की पूर्व संध्या पर, एनटीपीसी पकरी बरवाडीह कोयला खनन परियोजना ने दिन को बड़े उत्साह और उलास के साथ मनाया। कार्यक्रम तीन अलग-अलग परियोजना स्थानों पर आयोजित किया गया था: मौलाना आज़ाद इंडोर स्टेडियम, लंगतु कार्यालय जहाँ एसआईएसएफ कर्मियों ने भाग लिया और सीकरी साइट कार्यालय में।” : Sarkaritel.com

” New Delhi : Power Grid Corporation of India Limited (POWERGRID), a Maharatna CPSU under Ministry of Power in association with Ministry of Ayush, celebrated the 8th International Day of Yoga-2022.” : Sarkaritel.com

” New Delhi : International Yoga Day 2022 was celebrated under Aazadi ka Amrit Mahotsav at NTPC Bongaigaon with a mass yoga session at 7:00 AM today at the Employee Welfare Association Hall for employees and their family members following COVID protocols.” : Sarkaritel.com

” New Delhi : NHPC Limited, India’s premier hydropower company celebrated the 8th International Day of Yoga across all its locations with full enthusiasm on 21st June 2022. A.K. Singh, CMD, NHPC alongwith his wife Smt. Sudha Singh participated in a mass Yoga session organized at NHPC Residential Complex, Surajkund, Sector-41, Faridabad.” : Sarkaritel.com

” New Delhi : Rakesh Kumar, CMD, NLCIL, Directors and Senior Officials of the company demonstrating yogasanas, along with School children at Bharathi Stadium, Neyveli, to commemorate the International Day of Yoga.” : Sarkaritel.com

NLC India Limited observed International Day of Yoga

New Delhi : NLC India Limited joined the Nation in observing the International Day of Yoga in a grand manner with a mass demonstration of Common Yoga Protocol (CYP) Yoga practice at Bharathi Stadium, Neyveli, on 21st June 2022 at 6:45 AM. Theme of this year’s International Yoga Day is “Yoga For Humanity”. : psuconnect.in

GE Steam Power inks USD 165 mn pact to supply 3 nuclear steam turbines to BHEL

New Delhi : GE Steam Power on Tuesday said that it has inked a USD 165 million pact with state-run engineering firm BHEL to supply three nuclear steam turbines. : Economic Times

EIL, CMD Vartika Shukla reviewed PG Cavern Project site activities at Mangalore

Mangalore : Chairman and Managing Director of the Engineers India Limited Ms. Vartika Shukla along with Director (P) EIL reviewed the LPG Cavern Project site activities at Mangalore. : psuconnect.in

More than 400 people participate at International Yoga Day at NTPC Bongaigaon

Bongaigaon : International Yoga Day 2022 was celebrated under Aazadi ka Amrit Mahotsav at NTPC Bongaigaon with a mass yoga session at 7:00 AM today at the Employee Welfare Association Hall for employees and their family members following COVID protocols. The session was conducted by Shri Debajit Patra, yoga guru and jawan from CISF, NTPC Bongaigaon unit. : psuconnect.in

Daily News Wrap-Up: NTPC Commissions 47.52 MW Solar Power Project in Rajasthan

New Delhi : Daily News Wrap-Up: NTPC Commissions 47.52 MW Solar Power Project in Rajasthan. : mercomindia.com

Togo Gets $40m Loan For 42 MWp Solar Power Project From West African Development Bank

New Delhi : Togo Gets $40m Loan For 42 MWp Solar Power Project From West African Development Bank. : saurenergy.com

Pacifico Energy Wins Big In 129 MW Japan Solar Tender

New Delhi : Pacifico Energy Wins Big In 129 MW Japan Solar Tender. : saurenergy.com

Interconnected European Grid Key to Managing Variations In Solar Irradiance

New Delhi : Interconnected European Grid Key to Managing Variations In Solar Irradiance. : saurenergy.com

Second-Life Battery Energy Storage Company Secures $18 Million in Funding

New Delhi : Second-Life Battery Energy Storage Company Secures $18 Million in Funding. : mercomindia.com

Webinar to Discuss Solar Module-Inverter Combination to Maximize Power Generation

New Delhi : Webinar to Discuss Solar Module-Inverter Combination to Maximize Power Generation. : mercomindia.com

Inox Green Energy Files Fresh Draft Papers for ₹7.4 Billion IPO

New Delhi : Inox Green Energy Files Fresh Draft Papers for ₹7.4 Billion IPO. : mercomindia.com

Uttar Pradesh Gets Investment Proposals Of Rs 4782 Crores For Renewables

New Delhi : Uttar Pradesh Gets Investment Proposals Of Rs 4782 Crores For Renewables. : saurenergy.com

Thiruvananthapuram: Phase 2 of Idukki hydel project gets MoEF’s preliminary nod

THIRUVANANTHAPURAM : The proposed second phase expansion of Idukki hydel power project has received the preliminary clearance from the Union ministry of environment and forest. The project plans to generate an additional 800 MW using water from the existing reservoir. : Economic Times

Contact Energy to shut Te Rapa power station, plans transition to renewable generation

New Delhi : New Zealand-based electricity generator Contact Energy Ltd said on Tuesday it plans to shut off its 44-megawatt Te Rapa power station in June 2023 to reduce its long-term scope 1 and 2 carbon emissions by 20 per cent per annum. : Economic Times

IRENA and OPEC Fund sign pact to unlock energy transition investment

New Delhi : The International Renewable Energy Agency (IRENA) and the OPEC Fund for International Development (OPEC Fund) announced they are ramping up efforts to advance renewable energy investment and enable access to sustainable finance in emerging and developing economies. : Economic Times

Luminous Power Technologies appoints Preeti Bajaj as its new MD & CEO

New Delhi : Luminous Power Technologies on Tuesday announced the appointment of Preeti Bajaj as its new chief executive officer and managing director. Bajaj would take over the operation from Vipul Sabharwal who is superannuating and has been leading Luminous since 2014, said a company statement. : Economic Times

OPINION: Australia’s power crisis will lead to more solar and regulation: Russell

Launceston, Australia : It defies logic that one of the world’s biggest exporters of liquefied natural gas (LNG) and coal is struggling to ensure enough domestic supplies to keep the lights on, but that is Australia’s current reality. : Economic Times

Sunny Spain’s green energy plan leaves needy feeling cold

New Delhi : Standing by his swimming pool at his home in an affluent Madrid suburb, retired engineer Juan Manuel Cosmes Cuesta enthuses over the 30 per cent state subsidy he will get for installing solar panels that have already more than halved his monthly power bills. : Economic Times

Netherlands activates energy crisis plan, removes cap on coal plants

New Delhi : The Netherlands on Monday said it would activate the “early warning” phase of an energy crisis plan and lifted a cap on production by coal-fired power plants as it seeks to reduce reliance on Russian gas in the wake of the war in Ukraine. : Economic Times

ABB blames “challenging” market for delaying e-charging IPO again

Berlin, Germany : ABB has further delayed the planned flotation of its electric vehicle (EV) charging business, the Swiss engineering and technology company said on Monday, citing the turbulence unsettling stock markets. : Economic Times

Jindal Power to buy Simhapuri power plant for about ₹300 cr

New Delhi : Jindal Power (JPL), a subsidiary of Jindal Steel NSE 4.34 % & Power, is set to acquire Simhapuri Energy’s 600 MW power plant that runs on imported coal, people aware of the development said. : Economic Times

Green energy’s big looming problem is red tape

New Delhi : Between rising interest rates and input costs, green-minded investors have a lot to worry about these days. Their biggest concern could end up being boring old red tape. : Mint

IREDA celebrates 8th International Day of Yoga

New Delhi : Indian Renewable Energy Development Agency Ltd. (IREDA), a PSU under the Ministry of New & Renewable Energy (MNRE), celebrated the 8th International Day of Yoga at (IDY -2022) at its Registered Office at India Habitat Centre, New Delhi today. : psuconnect.in

EDF Renewables Set To Add 100 MW Solar Projects In UK By 2022 End

New Delhi : EDF Renewables Set To Add 100 MW Solar Projects In UK By 2022 End. : saurenergy.com

Asia’s Largest Railway Hub Receives DeepBlue 3.0 for Rooftop PV from JA Solar

New Delhi : Asia’s Largest Railway Hub Receives DeepBlue 3.0 for Rooftop PV from JA Solar. : saurenergy.com

Sluggish Offshore Wind Digitalization will Stunt Industry’s Growth

New Delhi : Sluggish Offshore Wind Digitalization will Stunt Industry’s Growth. : saurenergy.com

Unfazed By Protests, Adani Will Expand Energy Footprint In Lanka

New Delhi : Unfazed By Protests, Adani Will Expand Energy Footprint In Lanka. : saurenergy.com

Servotech And GIZ Develop ComPort, A Solar Performance Monitoring Device

New Delhi : Servotech And GIZ Develop ComPort, A Solar Performance Monitoring Device. : saurenergy.com

DISCOMs a Hurdle for the Growth of Open Access Projects in Rajasthan

New Delhi : DISCOMs a Hurdle for the Growth of Open Access Projects in Rajasthan. : mercomindia.com

2D Cations in Tin-Lead Perovskite Solar Cells Increase Conversion Efficiency to 25.5%

New Delhi : 2D Cations in Tin-Lead Perovskite Solar Cells Increase Conversion Efficiency to 25.5%. : mercomindia.com

Bids Invited for 1 MW of Rooftop Solar Systems in Telangana

New Delhi : Bids Invited for 1 MW of Rooftop Solar Systems in Telangana. : mercomindia.com

Australian state hikes coal royalties to snare windfall profit

Melbourne : Australia’s Queensland state said on Tuesday it would raise royalties on coal production to capture windfall profit, expecting to raise an extra A$1.2 billion ($836 million) in the 2023 financial year. : Economic Times

Spain readies new tax on electric utilities’ profits

New Delhi : The Spanish government is readying a new tax on electricity utilities’ profits, which have been boosted by energy prices, Budget Minister Maria Jesus Montero said on Tuesday. : Economic Times

Agro waste turned into bio-coal

Rajkot : A cluster of about 70 units that convert agro-waste into white coal or bio-coal has come up near Junagadh and Keshod. The units use groundnut husk, soybean husk, castor husk and waste of cotton as raw material to make this bio-coal that is used in various industries where boilers are required. : Economic Times

Africa needs $25 bn a year for full electricity access: IEA

Paris, France : The number of Africans with access to electricity fell during the Covid pandemic, but $25 billion in annual investments could bring full coverage by 2030, the International Energy Agency said Monday. : Economic Times

Valeo, Atul Auto arm & Honda join hands for three-wheelers electrification in India

New Delhi : France-based global automotive supplier Valeo, electric three-wheeler manufacturer Atul Greentech and swappable battery service provider Honda Honda Powerpack Energy have signed a memorandum of understanding (MoU) for electrification of three-wheelers, the company announced on Tuesday. : Economic Times

eSensitivity tool launched to balance biodiversity, energy planning

New Delhi : A dozen-odd chinkaras – a protected species – lost their lives in Rajasthan after being attacked by stray dogs as they could not cross over to safe territories due to the fencing of a solar power plant earlier last week. : Economic Times

Adani Power acquires infra development firms SPPL and EREPL for over Rs 609 crore

New Delhi : Adani Power on Monday completed the acquisition of 100 per cent equities in SPPL and EREPL for about Rs 609 crore. On June 7, 2022, Adani Power had signed a share-purchase agreements to acquire 100 per cent equity shares of two companies, viz. Support Properties Private Ltd (SPPL) and Eternus Real Estate Private Ltd (EREPL) from their respective shareholders. : Economic Times

Adani, Chettinad, nine others evince interest in Coal India’s 8 mt tend tender

New Delhi : As many as 11 coal importers, including Adani Enterprises and Chettinad Logistics Private Limited, have shown interest to bid in the Coal India Ltd’s (CIL’s) tenders for importing more than 8 million tonnes of coal to meet the surging power demand. : Mint

Adani among 11 bidders in race for CIL’s Rs 3,100-cr coal import tender

New Delhi : Eleven bidders, including Adani Enterprises, have shown interest in the first-ever coal import tender issued by national miner Coal India (CIL). Recently, state-owned NTPC awarded 6.25 million tonnes (mt) of imported coal tender worth Rs 8,300 crore to Adani Enterprises. : Business Standard

Peak power demand in India drops 12.5% as monsoon picks up pace

New Delhi : With the cooling down of heatwaves as the monsoon spreads across the country, power demand has fallen by 12.5 per cent from the start of this month till Monday. : Business Standard

POSOCO observes 8th International Yoga Day

New Delhi : National Grid Operator Power System Operation Corporation Limited (POSOCO) observed 8th International Day of Yoga at its New Delhi, Mumbai, Bengaluru, Kolkata, Shillong and Guwahati offices. Employees & their family members, CISF personnel and outsourced staff participated in the yoga sessions. : psuconnect.in

Construction Begins on 500 MW Solar Power Project in Libya

New Delhi : Construction Begins on 500 MW Solar Power Project in Libya. : saurenergy.com

Oil and Gas

ONGC seeks minimum $17 price for Bokaro coal gas

New Delhi : State-owned Oil and Natural Gas Corporation (ONGC) is seeking a minimum USD 17 price for the gas it plans to produce from coal seams in its Bokaro CBM block in Jharkhand. ONGC invited bids for the sale of 0.20 million standard cubic metres per day of gas it plans to produce from the Bokaro CBM block by the year-end, according to a tender document. : Economic Times

RIL, Nayara account for a combined 69% of Russian oil shipments to India

New Delhi : Neither pressure from the US nor tightening European sanctions have made India step back from the purchase of cheap Russian crude oil, joining rival China to create financial lifelines for Russian President Vladimir Putin. : Business Standard

Fuel Prices on June 21: Check petrol, diesel rates in Delhi, Mumbai, and other cities

New Delhi : Petrol and diesel prices held steady on June 21, as per the latest price notification issued by fuel retailers. Prices have remained unchanged ever since the government on May 21 cut the excise duty on petrol by Rs 8 a litre and on diesel by Rs 6 a litre. : Moneycontrol.com

ONGC seeks minimum $17 price for coal gas from Bokaro block in Jharkhand

Europe may shift back to coal as Russia turns down gas flows

Frankfurt : T/MILAN: Europe’s biggest Russian gas buyers raced to find alternative fuel supplies on Monday and could burn more coal to cope with reduced gas flows from Russia that threaten an energy crisis in winter if stores are not refilled. : Economic Times

What’s behind the 9 per cent fall in crude oil price last week

New Delhi : After a strong performance earlier this month, oil prices sold off violently last week, falling sharply along with risk assets including stocks. : Economic Times

Surge in US renewable diesel supply won’t offset loss of petroleum diesel

New Delhi : A flood of US renewable diesel plants set to come online in the next three years will not be enough to offset the loss of petroleum diesel refining capacity from plant closings since 2019, a Reuters analysis of federal data shows. : Economic Times

Asia is buying discounted Russian oil, making up for Europe’s cutbacks

New Delhi : A surge in demand from Asia for discounted Russian oil is making up for the sharply lower number of barrels being sold to Europe, dulling the effects of the West’s efforts to punish Moscow over its invasion of Ukraine and keeping revenue flowing to the Kremlin. : Economic Times

Petrol crisis in western Odisha, Most domestic pumps shut down

Bhubaneswar : The western Odisha has been facing a petrol crisis as most of the domestic pumps have shut down. The domestic petrol pumps of Essar Group, Reliance have stopped supplying petrol and diesel to the western part of the State. : kalingatv.com

Danish Energy Agency declares ‘early warning’ on gas supplies

New Delhi : The Danish Energy Agency (DEA) has issued an “early warning” due to escalating concerns over Russian gas supplies. : Economic Times

EXPLAINER: What’s next after Russia reduced gas to Europe?

New Delhi : It’s not a summer heat wave that’s making European leaders and businesses sweat. It’s fear that Russia’s manipulation of natural gas supplies will lead to an economic and political crisis next winter. Or, in the worst case, even sooner. : Economic Times

Oil price rises on market caution over crude supply concerns

Melbourne : Oil prices rose 1 per cent in early trade on Tuesday, clawing back more of last week’s losses as the focus returned to tight supply of crude and fuel products versus concerns about a recession hitting demand down the track. : Economic Times

Global crude oil prices decline on fears of recession, weak demand outlook

New Delhi : International crude oil prices have come off their recent highs and declined on fears of the possibility of a recession in the global economy following aggressive monetary policy tightening by central banks and the likelihood of weak demand outlook for the commodity. Ongoing Covid-led lockdown in parts of China too led to a decline in the prices. : Economic Times

Oil turbulence may last five years, says ExxonMobil CEO Darren Woods

New Delhi : ExxonMobil CEO Darren Woods on Tuesday said it would take time for energy market volatility to end and that he expects three to five years of fairly tight oil markets. Speaking at a panel at the Bloomberg Qatar Economic Forum in Doha, Woods added that the company had asked the US administration for a more efficient investment process. : Business Standard

Oil prices rise in early trade on market caution over supply concerns

New Delhi : Oil prices rose 1% in early trade on Tuesday, clawing back more of last week’s losses as the focus returned to tight supply of crude and fuel products versus concerns about a recession hitting demand down the track. : Business Standard

India’s Russian imports up 3.5 times on oil buys despite Western pressure

New Delhi : On the back of rising crude oil purchases, India’s bill for imports from sanctions-hit Russia jumped 3.5 times in a year in April to $2.3 billion, showed data from the commerce ministry. : Business Standard

OPINION: Oil prices to remain volatile as geopolitical risks persist

New Delhi : Crude oil prices have surged since Russia’s invasion of Ukraine, and other geopolitical supply risks globally and the latest uncertainty stemming from the EU’s Russian ships insurance ban are set to stoke even more volatility and keep oil prices elevated amid robust demand. : Economic Times

Private petrol pumps across Bhopal stay shut despite orders, cite a shortage

Bhopal : Petrol pumps of private companies continued to remain closed in Bhopal on Monday as well despite directives of the district collector to keep the fuel pumps open even if they have to sell petrol and diesel at a higher price than the petrol pumps of public sector oil companies. : Economic Times

Petrobras CEO quits in fuel price standoff with Bolsonaro

New Delhi : The CEO of Brazil’s state-owned oil company Petrobras, who has stayed in his post despite being fired by Jair Bolsonaro in May, resigned Monday after a new fuel price hike that enraged the far-right president. : Economic Times