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MEDIA UPDATE (OCTOBER 26, 2022)

26-Oct-2022

Power

NLCIL Floats Global Tender Enquiry through EIL for Gasification Block

6255622e3cc21New Delhi : NLC India Limited floats Global Tender Enquiry through Engineers India Limited for Gasification Block (LEPC-1) of Lignite to Methanol project at Neyveli, in the august presence of DR. Anil Kumar Jain, Secretary, MoC, Shri Amrit Lal Meena, Officer on Spl. Duty, MoC, Shri Rakesh Kumar, CMD, NLCIL, and Smt. Vartika Shukla, CMD, EIL. : psuconnect.in

Meghalaya signs agreement with NEEPCO to commission hydro power plants

526ba42237fb2New Delhi : The Meghalaya government on Tuesday signed an agreement with the state owned North Eastern Electric Power Corporation Limited (NEEPCO) for commissioning of three hydro electric projects with a total generation capacity of 235 MW. : Business Standard

1,980 Mw North Karanpura power plant eyes December launch: NTPC

526d57314ba45New Delhi : The first unit of the 1980MW North Karanpura power plant underwent a trial run and generated power from its 660MW unit on Friday evening. : Economic Times

BHEL Floats Tenders for 4 MW of Rooftop Solar Projects in Uttar Pradesh

526d4d77ceb9fNew Delhi : BHEL Floats Tenders for 4 MW of Rooftop Solar Projects in Uttar Pradesh. : mercomindia.com

NTPC Sipat organised Mini Marathon under Fit India Freedom Run 3.0

526d57314ba45New Delhi : NTPC Sipat under Fit India Freedom Run 3.0 organised Mini Marathon at NTPC Sipat. Over 350 participants took part in categories male, female and children in different age groups. : psuconnect.in

GEDA to install solar cooking system at Latur in Maharashtra

Panaji : Goa Energy Development Agency (GEDA) will install a concentrated solar cooking system with patented solar grade mirror technology, AGNi 69, at the Central Reserve Police Force (CRPF) camp at Latur in Maharashtra. : Economic Times

OPINION: Interconnectors set for key role as green energy systems grow

New Delhi : Energy transition discussions tend to be abuzz with clunky terms such as carbon sequestration, refuse derived fuels, and distributed energy systems that green energy advocates hope will become common parlance as they become more widely used. : Economic Times

Dell launches Solar Community Hubs for youth in 6 aspirational districts

New Delhi : Dell Technologies has launched its new digital inclusion program to improve standards of living and support more employment opportunities for youth and women in six aspirational districts across India. : Economic Times

Kishtwar has emerged as north India’s power hub: Union MoS Jitendra Singh

New Delhi : Kishtwar in Jammu and Kashmir has emerged as north India’s power hub under the Modi government with a series of active power projects, in total expected to generate more than 6000 Mega Watt of electricity. : Economic Times

For 100% green energy by 2050, Goa set to implement plan of action soon

Panaji : The state government plans to have 100% renewable energy (RE) by 2050 for all the sectors in Goa. : Economic Times

Tribals in Alluri stages protest demanding electricity connection

New Delhi : Tribal villagers of Alluri Seetharama Raju district on Monday staged a protest with hand-made lights demanding electricity to their village on the occasion of Diwali, the festival of lights. : Economic Times

NGT asks solar firm to plant 10 times trees cut by them for Rajasthan plant

New Delhi : The National Green Tribunal (NGT) has directed a private solar energy company, which has illegally chopped off 250 protected Khejri trees for a proposed solar plant in Rajasthan’s Jodhpur district, to plant 10 times the number of trees cut by them. : Economic Times

In the works: PLI scheme for power transmission

New Delhi : The Union government is looking to introduce a production-linked incentive (PLI) scheme for power transmission and distribution equipment, two officials aware of the plans said, as part of India’s push for greater self-reliance in strategic sectors. : Mint

Europe’s energy crisis takes a surprise turn

New Delhi : A while ago, Europe was scrambling for fuel resources as the war between Ukraine and Russia had starved the western nations of the gas supply it needed to keep warm in approaching winters. Although now, Europe has more gas than it can use. : Mint

Russia has destroyed over a third of Ukraine’s energy sector – President Zelenskiy

New Delhi : President Volodymyr Zelenskiy told a conference on Ukraine reconstruction on Tuesday that Russian rockets and Iran-made drones had destroyed more than a third of his country’s energy sector. : Economic Times

Emissions from China-invested overseas coal plants equal to whole of Spain – research

Beijling : Carbon dioxide emissions from China-invested power plants overseas now stand at an estimated 245 million tonnes per year, about the same as the annual energy-related CO2 emissions from Spain or Thailand, new research showed on Tuesday. : Economic Times

Greening global economy brings dependence on critical minerals

New Delhi : After nearly a century of geopolitical tension over access to oil, experts worry that the global transition to clean energy is creating new dependencies on the critical minerals needed for solar panels, wind turbines and electric vehicle batteries. : Economic Times

20 coal wagons derail in Maharashtra’s Nagpur division; Many trains canceled, diverted

Nagpur : Twenty loaded coal wagons derailed between Malkhed and Timatla stations on Wardha-Badnera sections of Nagpur Division in Maharastra at around 11 pm on Sunday. : Economic Times

Borosil Renewables Completes Acquisition of Two Solar Glass Manufacturers in Europe

New Delhi : Borosil Renewables Completes Acquisition of Two Solar Glass Manufacturers in Europe. : mercomindia.com

EoIs Invited to Supply Solar Home Lighting Systems in Tamil Nadu

New Delhi : EoIs Invited to Supply Solar Home Lighting Systems in Tamil Nadu. : mercomindia.com

Empanelment Tender Floated for Rooftop Solar Projects in Chandigarh

New Delhi : Empanelment Tender Floated for Rooftop Solar Projects in Chandigarh. : mercomindia.com

SJVN Commissions Uttar Pradesh’s 75-MW Parasan Solar Project

New Delhi : SJVN Commissions Uttar Pradesh’s 75-MW Parasan Solar Project. : saurenergy.com

Navitas Solar Among First Carbon Neutral Solar Manufacturing Companies

New Delhi : Navitas Solar Among First Carbon Neutral Solar Manufacturing Companies. : saurenergy.com

SJVN begins commissioning of 75 MW Solar Power Project in UP; expected to complete this month end

New Delhi : Uttar Pradesh: Sh. Nand Lal Sharma, Chairman & Managing Director, SJVN announced that the Company has started commissioning of its 75 MW Solar Power Project in Parasan Solar Park which is located at Tehsil Kalpi, District Jalaun near Kanpur, Uttar Pradesh. The process of commissioning will be completed by the end of this month. : psuconnect.in

Resurgence of Heterojunction (HJT) Solar Panels

New Delhi : Resurgence of Heterojunction (HJT) Solar Panels. : saurenergy.com

Hitachi Energy Wins NTPC REL Contract for Supplying Transformers

New Delhi : Hitachi Energy Wins NTPC REL Contract for Supplying Transformers. : saurenergy.com

Pooling Wind Power Bids a Good Idea but More Clarity Needed

New Delhi : Pooling Wind Power Bids a Good Idea but More Clarity Needed. : mercomindia.com

Tender Issued for 50 MW of Rooftop Solar Projects in Rajasthan

New Delhi : Tender Issued for 50 MW of Rooftop Solar Projects in Rajasthan. : mercomindia.com

RfP Issued to Select Bidder to Develop, Maintain Solar Thermal Hybrid Systems

New Delhi : RfP Issued to Select Bidder to Develop, Maintain Solar Thermal Hybrid Systems. : mercomindia.com

Daily News Wrap-Up: Decathlon to Procure Solar Power from Fourth Partner in Bangladesh

New Delhi : Daily News Wrap-Up: Decathlon to Procure Solar Power from Fourth Partner in Bangladesh. : mercomindia.com


Oil and Gas

Oil PSUs spent 43 per cent of their annual capex in first half of the fiscal year

52c021a3416f1New Delhi : Bharat Petroleum Corp has spent two-thirds of its capital expenditure target for the ongoing fiscal year in the first half itself. While the refiner-retailer was the fastest to spend the planned capex among state-run oil companies, Oil & Natural Gas Corp and its overseas arm were among the slowest. : Economic Times

R K Das, MD of CUGL hand over dividend for FY 22 to GAIL CMD

526baa47d40b9New Delhi : Shri Sandeep Kumar Gupta, CMD, GAIL was handed over the dividend for FY21-22 by Shri R K Das, MD, and Shri Sunil Bains, Director Commercial, Central U.P. Gas Ltd. (CUGL), a Joint Venture between GAIL and BPCL in the presence of Shri M V Iyer, Director (BD) and Shri R K Jain, Director (Finance). : psuconnect.in

Reliance to commission new gas condensate field by year-end

52c0214f2a5ecNew Delhi : Reliance Industries Ltd will commission its deepwater MJ gas condensate field in Bay of Bengal block KG-D6 by year end, boosting natural gas output to 30 per cent of India’s total. : Economic Times

Government extends deadline for ethanol production scheme

New Delhi : The government has extended the deadline for the scheme which provides financial aid to molasses-based distilleries for enhancing ethanol production, by six months till April 21, 2023. : Sarkaritel.com

Jakson Green to invest Rs 22,400 cr to set up green hydrogen, green ammonia project in Raj

New Delhi : Jakson Green has inked a pact to invest Rs 22,400 crore to set up a green hydrogen and green ammonia project, in phases, in Rajasthan. : Economic Times

Oil climbs on expectations of tight supply as Russia sanctions loom

Singapore : Oil rose in early Asian trade as expectations of tighter supplies globally ahead of European Union sanctions on Russian oil underpinned prices. : Economic Times

World is in its ‘first truly global energy crisis’ – IEA’s Fatih Birol

New Delhi : Tightening markets for liquefied natural gas (LNG) worldwide and major oil producers cutting supply have put the world in the middle of “the first truly global energy crisis”, the head of the International Energy Agency (IEA) said on Tuesday. : Economic Times

Marketing, pricing freedom must to catalyse investments in gas fields

New Delhi : Pricing and marketing freedom are a must to ensure billions of dollar investment as costs of finding and producing natural gas from deposits lying several hundred metres below seabed are market driven, producers have told a government-appointed panel reviewing gas pricing. : Economic Times

Global crude oil prices drop as China demand data disappoints

New Delhi : Oil prices slid 2% on Monday after Chinese data showed that demand from the world’s largest crude importer remained lacklustre in September as strict COVID-19 policies and fuel export curbs depressed consumption. : Economic Times

Russian oil supplies to China up 22% on year, close second to Saudi – data

New Delhi : China’s oil imports from Russia soared 22% in September from a year earlier, but were a touch behind top supplier Saudi Arabia, as independent refiners bought more lower-priced Russian fuel in the face of weak domestic refining margins. : Economic Times

One in ten petrol pumps now offers EV charging, CNG

New Delhi : More than 8,000 petrol pumps, or one in every ten pumps across the country, now offer facilities to charge an EV or refuel a compressed natural gas (CNG) vehicle in a boost to customers who own or plan to buy the less polluting vehicles. : Economic Times

Jakson Green to invest Rs 22,400 cr in green hydrogen project in Rajasthan

New Delhi : Jakson Green has inked a pact to invest Rs 22,400 crore to set up a green hydrogen and green ammonia project, in phases, in Rajasthan. : Business Standard

Singapore Aims for Low-Carbon Hydrogen Towards Net-Zero by 2050

New Delhi : Singapore Aims for Low-Carbon Hydrogen Towards Net-Zero by 2050. : saurenergy.com

Petrol and diesel rates remain constant in Bhubaneswar on Tuesday

Bhubaneswar : The prices of petrol and diesel remained constant in the capital city of Bhubaneswar on 25th October 2022. The petrol and diesel price were recorded at Rs 103.11 and Rs 94.68, respectively on Tuesday. : kalingatv.com

Jakson Green to invest Rs 22,400 cr to set up green hydrogen, green ammonia project in Rajasthan

New Delhi : Jakson Green has inked a pact to invest Rs 22,400 crore to set up a green hydrogen and green ammonia project, in phases, in Rajasthan. : devdiscourse

Singapore lowers 2030 emissions forecast, to boost hydrogen

Singapore : Singapore cut its forecast for its carbon dioxide emissions in 2030 and will achieve a peak in emissions earlier than that as the city-state strives to achieve net zero by 2050, Deputy Prime Minister Lawrence Wong said on Tuesday. : Economic Times

Saudi PM Mohammed bin Salman’s India visit to focus on trade, investments

New Delhi : Saudi Crown Prince and newly appointed Prime Minister of the Kingdom, Mohammed bin Salman is expected to be in New Delhi for a short one-day visit on November 14. : Economic Times

Global crude oil prices edge higher as U.S. dollar value eases

New Delhi : Oil prices edged higher on Tuesday, reversing some of the previous session’s losses, as the U.S. dollar eased, while weaker U.S. business activity data lowered expectations for more aggressive interest rate hikes in the world’s biggest economy. : Economic Times

India to export green energy to Singapore from 2025, Greenko-Keppel sign Hydrogen MoU

New Delhi : India will for the first-time export green energy from 2025, with the first shipments going to a Singapore power plant under an MoU signed by an India-based dispatchable renewables company and Singapore’s energy business here on Tuesday. : Economic Times

OPINION: Oil investors on defensive as recession forces intensify

London : Portfolio investors abruptly reversed course last week as the optimism caused by OPEC+ production cuts at the start of October crumpled to be replaced by pessimism stemming from the worsening economic outlook. : Economic Times

Oil climbs on expectations of tight supply as Russia sanctions loom

New Delhi : Oil rose in early Asian trade on Monday as expectations of tighter supplies globally ahead of European Union sanctions on Russian oil underpinned prices. : Economic Times

Oil giant Schlumberger rebrands itself as SLB for low-carbon future

New Delhi : Schlumberger, the world’s largest oilfield services provider, is rebranding itself with a new name, color scheme and logo that underscores its ambitions for a lower-carbon future, the company said on Monday. : Economic Times

Saudi Arabia launches bid to attract $10 bln in supply chain investment

New Delhi : Saudi Arabia’s crown prince on Sunday launched an initiative to attract investments in supply chains to and from the kingdom, with an aim of raising an initial 40 billion riyals ($10.64 billion). : Economic Times

Industrial units using natural gas for energy needs to get 50% rebate in VAT

New Delhi : Following a ban on the use of diesel generator sets in the NCR, the Haryana government has announced a 50 percent rebate in value added tax (VAT) to industrial units in the state that will replace diesel generator sets required to meet their energy requirement with natural gas. : Economic Times

Green hydrogen, electrolyzer projects may get ₹12k cr sops

New Delhi : The government is expected to allocate around ₹6,000 crore each for production-linked incentive (PLI) schemes for electrolyzers and green hydrogen from the ₹20,000 crore green hydrogen mission, said two people aware of the developments. : Mint

Oil edges higher as tightening market vies with slowdown fears

New Delhi : Oil edged higher as investors weighed signs of a tight market against lingering concerns over a global economic slowdown. : Mint

Oil prices rises on weaker dollar and supply concerns; trade choppy

New Delhi : Oil prices rose on Tuesday, rebounding from an early fall of more than $1 a barrel on lift from a weaker dollar and supply concerns highlighted by Saudi Arabia’s energy minister. : Business Standard

India to export green energy to Singapore from 2025, Greenko-Keppel sign Hydrogen MoU

New Delhi : India will for the first-time export green energy from 2025, with the first shipments going to a Singapore power plant under an MoU signed by an India-based dispatchable renewables company and Singapore’s energy business here on Tuesday. : Deccan Chronicle

Fuel price update for Oct 25: Know rates of petrol, diesel in cities of Odisha

New Delhi : The prices of petrol and diesel, have so far remained stable in Odisha and other parts of the country. Rates of petroleum products vary depending upon several factors such as local taxes, VAT, freight charges, etc. : odishatv.in

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