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MEDIA UPDATE (JANUARY 23, 2024)

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23-Jan-2024

Power

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” New Delhi : Prime Minister Narendra Modi on Monday chaired a meeting to launch the Pradhanmantri Suryodaya Yojana with the target of installing rooftop solar power panels on 1 crore houses in the country.” : Sarkaritel.com

NHPC Subsidiary Makes Strides in Rangit-IV HEP Development

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New Delhi : The inaugural blast for the SFT outlet and the critical 2nd stage river diversion for completion of balance 2 blocks on the left bank & Dam HM works at 120 MW Rangit-IV HEP (Sikkim) of NHPC’s subsidiary, JPCL was successfully done in the presence of Sh. R.K. Chaudhary, Dir. (Tech. & Proj.). : psuconnect.in

NTPC Invites Bids for Solar Modules for 1,200 MW Projects in Gujarat

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New Delhi : NTPC Invites Bids for Solar Modules for 1,200 MW Projects in Gujarat. : mercomindia.com

Reliance to commission new energy giga complex this year

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New Delhi : Reliance to commission new energy giga complex this year. : Economic Times

NTPC Tandwa plant’s 2nd unit trial set for Feb

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New Delhi : NTPC Tandwa plant’s 2nd unit trial set for Feb. : Economic Times

SolarEdge to lay off 16% of workforce to trim operating costs

New Delhi : SolarEdge to lay off 16% of workforce to trim operating costs. : Economic Times

IREDA Q3 Results: Net profit zooms 67% to Rs 335 crore

New Delhi : IREDA Q3 Results: Net profit zooms 67% to Rs 335 crore. : Economic Times

Adani, Jindal Power may join race for Hiranmaye Energy: Sources

New Delhi : Adani Power and Jindal Power are among companies likely to show interest in acquiring Hiranmaye Energy, a thermal power company which was recently admitted for corporate insolvency, said people aware of development. : Economic Times

Delhi’s peak power demand for winter hits new high at 5816 MW

New Delhi : The national capital’s peak power demand on Monday recorded an all-time high winter power demand, reaching 5,816 megawatts (MW) – the highest ever for the winter months, surpassing the previous record of 5,798 MW set on 19 January. : Mint

Rooftop solar installations for 10 million households: PM Modi

New Delhi : The Union government is set to roll out a new scheme to boost rooftop solar installations, the Pradhan Mantri Suryodaya Yojana, Prime Minister Narendra Modi said on Monday. : Mint

10 million households to have rooftop solar panels, says PM Narendra Modi

New Delhi : Prime Minister Narendra Modi on Monday announced the launch of Pradhanmantri Suryodaya Yojana (PSY) that aims to install rooftop solar power systems at 10 million households across the country. : Business Standard

SJVN inks pact to provide technical consultancy services to NHAI

New Delhi : State-owned power producer SJVN Limited on Monday said it has signed an agreement with NHAI to provide technical consultancy services for highway projects. : psuwatch.com

PM launches Pradhanmantri Suryodaya Yojana, 10 million houses to get rooftop solar

New Delhi : Prime Minister Narendra Modi announced on Monday the launch of ‘Pradhanmantri Suryodaya Yojana’ under which 10 million households will get rooftop solar power systems. : psuwatch.com

Waaree Renewable Reports 158% Jump In PAT In Q3

New Delhi : Waaree Renewable Reports 158% Jump In PAT In Q3. : saurenergy.com

What Is BIPV That Generates Solar Power Without Solar Panels?

New Delhi : What Is BIPV That Generates Solar Power Without Solar Panels?. : saurenergy.com

NVVN Floats Tender for 2.3 MW Rooftop Solar Projects

New Delhi : NVVN Floats Tender for 2.3 MW Rooftop Solar Projects. : mercomindia.com

SECI Tenders 1.5 GW ISTS Solar Projects

New Delhi : SECI Tenders 1.5 GW ISTS Solar Projects. : mercomindia.com

NTPC Subsidiary Issues Tender for 9.98 MW of Solar Projects

New Delhi : NTPC Subsidiary Issues Tender for 9.98 MW of Solar Projects. : mercomindia.com

SolarEdge Cuts 16% of Global Workforce, Affecting 900 Employees

New Delhi : SolarEdge Cuts 16% of Global Workforce, Affecting 900 Employees. : mercomindia.com

Coal import by power plants declines 40.66% in April-Dec as local production rises

New Delhi : The country’s power generation based on domestic coal increased by 7.14 per cent to 872 billion units during April-December of the current financial year, compared to 813.9 billion units generated in the same period of the previous fiscal. : Sarkaritel.com

Grew Energy may set up manufacturing facilities for glass and EVA sheets for solar panels

New Delhi : Grew Energy may set up manufacturing facilities for glass and EVA sheets for solar panels. : Economic Times

India’s coal-powered energy generation jumps 10.13% in Apr-Dec ’23

New Delhi : India’s coal-powered energy generation jumps 10.13% in Apr-Dec ’23. : Economic Times

India hands over 15th consignment of humanitarian aid comprising power generators to Ukraine

New Delhi : India hands over 15th consignment of humanitarian aid comprising power generators to Ukraine. : Economic Times

India’s power consumption grows nearly 8% to 1,221.15 bn units in Apr-Dec

New Delhi : India’s power consumption grows nearly 8% to 1,221.15 bn units in Apr-Dec. : Economic Times

Guwahati hosts its 1st green energy, EV expo

Guwahati : Guwahati hosts its 1st green energy, EV expo. : Economic Times

PVUNL can meet all of state’s power requirements

New Delhi : PVUNL can meet all of state’s power requirements. : Economic Times

Adani’s Godda plant ready to provide 400MW power to state

New Delhi : Adani’s Godda plant ready to provide 400MW power to state. : Economic Times

Budget 2024: Doubling Down on Renewables

New Delhi : Budget 2024: Doubling Down on Renewables. : Economic Times

NDMC for greater use of solar power

New Delhi : NDMC for greater use of solar power. : Economic Times

Coal India arm CCL mulls JV with Jharkhand govt for expansion of Tenughat Thermal Power Station

New Delhi : State-owned CIL’s arm Central Coalfields Ltd is mulling a joint venture with the Jharkhand government for the second phase of expansion of Tenughat Thermal Power Station in the state. The total installed capacity of the thermal station is 420 MW having two units of 210 MW capacity each. : Economic Times

Domestic coal-based power generation rises 7% in April-December

New Delhi : Domestic coal-based power generation increased 7.14 per cent to 872 billion units (BU) in the April-December period of the current fiscal. The rise in domestic coal-based electricity generation reflects an ample supply of coal to meet the growing energy demand in the country, the coal ministry said in a statement. : Economic Times

Pradhanmantri Suryoday Yojana: 1 crore homes to have solar panels— PM Modi’s big decision after Ayodhya Ram Mandir event

New Delhi : Soon after returning to the national capital Delhi after presiding over the “Pran Pratishtha” ceremony at the “historic” Ayodhya Ram Mandir in Uttar Pradesh, Prime Minister Narendra Modi on Monday announced the government’s decision to start ‘Pradhanmantri Surydaya Yojana’, an initiative to generate electricity through solar energy. : Mint

Odisha clears JSW’s Rs 40,000 crore proposal to set up EV manufacturing units

Bhubaneswar : The Odisha Government on Monday approved 14 proposals including the JSW Group’s plan to set up electric vehicles and component manufacturing units in Cuttack and Jagatsinghpur districts with an investment of Rs 40,000 crore, a senior official said. : psuwatch.com

CCL mulls JV with Jharkhand Govt for expansion of Tenughat Thermal Power Station

New Delhi : Coal India Limited’s (CIL) arm Central Coalfields Limited (CCL) is mulling a joint venture with the Jharkhand government for the second phase of expansion of Tenughat Thermal Power Station in the state. : psuwatch.com

Coal import by power sector drops 40.66% in Apr-Dec period of FY24 despite rise in power demand

New Delhi : Coal import for blending by power sector has decreased substantially by 40.66 percent to 17.08 MT during Apr-December 2023 from 28.78 MT in the corresponding period of the previous year, despite escalating power demand, said the Ministry of Coal on Monday. : psuwatch.com

Coal Based Power Generation Surges 10% in India

New Delhi : Coal-based power generation in the country witnessed a remarkable growth of around 10.13% during Apr-Dec’23, as compared to the corresponding period of the previous year while overall power generation grew 6.71% during the same period. : psuconnect.in

India Has Around 32 GW of RE Projects Under Bidding Stage: RK Singh

New Delhi : India Has Around 32 GW of RE Projects Under Bidding Stage: RK Singh. : saurenergy.com

PM Modi Announces Scheme To Install Rooftop Solar On 1cr Households

New Delhi : PM Modi Announces Scheme To Install Rooftop Solar On 1cr Households. : saurenergy.com

Reliance To Build Green Energy Giga Complex Spread Across 5,000 Acres in Jamnagar

New Delhi : Reliance To Build Green Energy Giga Complex Spread Across 5,000 Acres in Jamnagar. : saurenergy.com

Domestic coal-based power generation rises 7% in April-December

New Delhi : Domestic coal-based power generation increased 7.14 percent to 872 billion units (BU) in the April-December period of the current fiscal. : psuwatch.com


Oil and Gas

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” New Delhi : In a momentous ceremony, Pushp Kumar Joshi, HPCL’s esteemed Chairman and Managing Director, and Ritwik Rath, Executive Director (I/C) – ERP, on behalf of HPCL, proudly received three coveted awards from the Hon’ble Vice President of India, Jagdeep Dhankar.” : Sarkaritel.com

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” New Delhi : The respective agreement signed by both of the representatives has demonstrated a joint commitment to environmental conservation, efficient waste management and clean energy generation.” : psuconnect.in

Q3 Results of MRPL: MRPL posts net profit of ?392.08 crore, declares interim dividend

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New Delhi : Mangalore Refinery and Petrochemicals Ltd (MRPL) on Monday reported a consolidated net profit of ?392.08 crore for the third quarter (Q3) ended December 31, 2023, of fiscal year 2024 (FY24) as compared to a loss of ?194.95 crore in the same period a year ago, the company said in an exchange filing. : Sarkaritel.com

MRPL reports robust Q3 net profit of ?387 crore; Declares Interim Dividend

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New Delhi : Mangalore Refinery and Petrochemicals Ltd. (MRPL) registered a net profit of ?387.06 crore in the third quarter of 2023-24 against a loss after tax of ?187.96 crore in the corresponding period of 2022-23. : Business Line

MRPL posts net profit of ?392.08 crore, declares interim dividend

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New Delhi : Mangalore Refinery and Petrochemicals Ltd (MRPL) on Monday reported a consolidated net profit of ?392.08 crore for the third quarter (Q3) ended December 31, 2023, of fiscal year 2024 (FY24) as compared to a loss of ?194.95 crore in the same period a year ago, the company said in an exchange filing. : Mint

Oil giant IOCL teams with Panasonic for India’s advanced battery future

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New Delhi : Indian Oil Corporation Ltd. & Panasonic India to explore possibilities for setting up a joint venture for advanced cell manufacturing for Lithium-ion batteries. : psuconnect.in

Gautam Adani’s lessons from Hindenburg fight fuel $93 billion rebound

New Delhi : Gautam Adani’s lessons from Hindenburg fight fuel $93 billion rebound. : Economic Times

Peru PM rules out financial support for struggling state oil firm

New Delhi : Peru PM rules out financial support for struggling state oil firm. : Economic Times

Fire breaks out at Russian gas terminal near St Petersburg

New Delhi : Fire breaks out at Russian gas terminal near St Petersburg. : Economic Times

Petroleum board Chairperson meets Punjab Governor; briefs on steps undertaken by govt to increase share of Natural Gas

New Delhi : Petroleum board Chairperson meets Punjab Governor; briefs on steps undertaken by govt to increase share of Natural Gas. : Economic Times

Energizing the future: Budget 2024 may focus on cutting green hydrogen costs

New Delhi : Energizing the future: Budget 2024 may focus on cutting green hydrogen costs. : Economic Times

Saudi’s SABIC gives go-ahead for $6.4 bln China petrochemical plant

New Delhi : Saudi’s SABIC gives go-ahead for $6.4 bln China petrochemical plant. : Economic Times

Minister Hardeep Singh inaugurates Ethanol to Sustainable Aviation Fuel demo plant

New Delhi : Union Minister for Petroleum and Natural Gas Shri Hardeep Singh Puri inaugurated the Ethanol to Sustainable Aviation Fuel demo plant, at the state-of-the-art R&D centre facility of biofuel pioneer, PRAJ Industries Ltd. in Pune today. : psuconnect.in

Oil prices rise on geopolitical tensions, world’s uncertain growth outlook; Brent settles at $79.46

New Delhi : The oil prices witnessed a marginal jump on Monday as the conflict in the Middle East displayed no signs of easing and the drone strikes by Iran-aligned Houthis continue on commercial vessels in the Red Sea. : Mint

India likely to resume Iran crude oil imports due to Houthi threat

New Delhi : India is considering the reinstatement of crude oil shipments from Iran as Houthi insurgents step up attacks on maritime trade in the Red Sea and Gulf of Aden regions off the coast of Yemen, sources in the know said. : Business Standard

J’khand govt to review ‘failure’ of its ambitious petrol subsidy scheme

New Delhi : Call it a technical hurdle or departmental failure, very few have taken advantage of the Jharkhand government’s flagship petrol subsidy scheme. : theprint.in

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On January 22

New Delhi : Petrol, Diesel Prices Today On January 22, 2024: Every day at 6 am, petrol and diesel prices are disclosed, irrespective of whether they are experiencing fluctuations or stability. This routine is influenced by oil marketing companies (OMCs) adapting prices by international crude oil prices and foreign exchange rates. : news18.com

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