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MEDIA UPDATE (FEBRUARY 21, 2024)

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21-Feb-2024

Power

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” New Delhi : Power Finance Corporation (PFC), a leading NBFC and the largest Renewable financier in India has signed a Memorandum of Understanding (MoU) in the presence of Hon’ble Chief Minister of Goa,Dr Pramod Sawant to support Goa’s climate ambitions under the Blended Finance Facility being setup by Govt.of Goa in partnership with World Bank.” : Sarkaritel.com

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” New Delhi : REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, through its CSR arm – REC Foundation, has demonstrated unwavering support for the welfare of Ex-Servicemen and their dependents by making a contribution of Rs 15 Crores to the Armed Forces Flag Day Fund, which will be used for the education of 12,500 children of ex-servicemen.” : Sarkaritel.com

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” New Delhi : NHPC successfully organized ‘Gyanankan – The Business Quiz’ as a part of Organizational Development initiatives with an objective of encouraging the employees for keeping themselves abreast with latest business jargons, current affairs and other advancements happening globally and also to ignite the innovative and creative minds of the employees.” : Sarkaritel.com

PFC, Goa govt sign pact for green energy initiatives

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New Delhi : State-owned PFC on Tuesday said it has signed an agreement with the Goa government to support various green energy initiatives in the state to tackle climate change. : theprint.in

PFC inks MoU with Goa govt to fund climate projects

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New Delhi : State-run Power Finance Corp (PFC) on Tuesday signed a memorandum of understanding (MoU) with the Goa government to fund the state’s green energy ambitions through a blended finance facility. : Mint

PFC, Goa govt sign pact for green energy initiatives

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New Delhi : Maharatna power PSU Power Finance Corporation (PFC) on Tuesday said it has signed an agreement with the Goa government to support various green energy initiatives in the state to tackle climate change. : psuwatch.com

Power Finance Corporation signs MoU with Goa govt to set up Blended Finance Facility for climate action

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New Delhi : State-owned PFC on Tuesday said it has signed an agreement with the Goa government to support various green energy initiatives in the state to tackle climate change. : cnbc.com

PFC, Goa Government Sign Pact For Green Energy Initiatives

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New Delhi : State-owned PFC on Tuesday said it has signed an agreement with the Goa government to support various green energy initiatives in the state to tackle climate change. : NDTV Profit

REC Foundation contributes ?15 cr to Armed Forces Flag Day Fund

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New Delhi : REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power and an NBFC, has contributed ?15 crore to the Armed Forces Flag Day Fund, through REC Foundation, its CSR arm. : Economic Times

REC Foundation Contributes Rs 15 Cr For Education Of 12,500 Children Of Ex-Servicemen

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Gurgoan, Haryana : REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, through its CSR arm – REC Foundation, has demonstrated unwavering support for the welfare of Ex-Servicemen and their dependents by making a contribution of Rs 15 Crores to the Armed Forces Flag Day Fund, which will be used for the education of 12,500 children of ex-servicemen. : indiaeducationdiary.in

NHPC Thrills Employees with Successful ‘Gyanankan-The Business Quiz

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New Delhi : NHPC Thrills Employees with Successful ‘Gyanankan-The Business Quiz. : newsip.in

Waaree Renewable Technologies bags 980 MWp solar project worth Rs 991 crore

New Delhi : Waaree Renewable Technologies bags 980 MWp solar project worth Rs 991 crore. : Economic Times

PM lays foundation stone for 4 power projects in UP

New Delhi : PM lays foundation stone for 4 power projects in UP. : Economic Times

The planet needs solar power. Can we build it without harming nature?

New Delhi : The planet needs solar power. Can we build it without harming nature?. : Economic Times

Virtual Power Plants Could help Lead Our energy Transition

New Delhi : Virtual Power Plants Could help Lead Our energy Transition. : Mint

NHPC organizes ‘Gyanankan – The Business Quiz’ For Employees

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New Delhi : NHPC successfully organized the first edition of ‘Gyanankan – The Business Quiz’ for its employees, as a part of its Organizational Development initiatives with an objective of encouraging the employees for keeping themselves abreast with latest business developments, current affairs and other advancements happening globally and also to ignite the innovative and creative minds of the employees. : indianpsu.com

RP Sanjiv Goenka Group to explore NE states for renewable energy project

New Delhi : The RP Sanjiv Goenka Group, with revenue exceeding USD 4 billion, has expressed interest in exploring investment opportunities in the Northeast, including renewable energy. : psuwatch.com

IREDA CMD unveils vision for retail division, elevating rooftop solar

New Delhi : The Chairman and Managing Director (CMD) of Indian Renewable Energy Development Agency Limited (IREDA) Pradip Kumar Das articulated the agency’s proactive stance in enhancing the bankability of rooftop solar projects during his address on the recently launched “PM Surya Ghar Muft Bijli Yojana.” : psuwatch.com

REC contributes Rs 15 Cr to Armed Forces Flag Day Fund through its CSR arm

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New Delhi : REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power and a leading NBFC has contributed Rs. 15 crores to the Armed Forces Flag Day Fund, through REC Foundation, REC’s CSR arm. This amount will be utilized for the education of 12,500 children of ex-servicemen. : psuconnect.in

Power Grid Corporation shares rises four percent amid Rs.6 56 crore approved investments

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New Delhi : Power Grid Corporation shares surged 4% to Rs.287.45 after the company board approved investments worth Rs. 656 crores investments for electricity transmission projects. : psuconnect.in

PFC Forge Historic Partnership with Govt of Goa

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New Delhi : Power Finance Corporation (PFC), a leading NBFC and the largest Renewable financier in India has signed a Memorandum of Understanding (MoU) in the presence of Hon’ble Chief Minister of Goa, Dr Pramod Sawant to support Goa’s climate ambitions under the Blended Finance Facility being setup by Govt. of Goa in partnership with World Bank. : psuconnect.in

Goa govt, World Bank collaborate for blended finance facility for climate resilience

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New Delhi : The Goa government on Tuesday announced setting up of a blended finance facility in partnership with the World Bank that will enable the coastal state to access and mobilise concessional finance to implement low-carbon and climate-resilient investments. Chief Minister Pramod Sawant in presence of the World Bank officials and other institutions announced the setting up of the facility. : Economic Times

PFC, Goa Govt Sign Pact for Green Energy Initiatives

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New Delhi : State-owned PFC on Tuesday said it has signed an agreement with the Goa government to support various green energy initiatives in the state to tackle climate change. : latestly.com

Govt. of Goa and PFC Forge Historic Partnership to Pioneer Subnational Blended Finance Facility for Climate Action

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New Delhi : Power Finance Corporation (PFC), a leading NBFC and the largest Renewable financier in India has signed a MoU in the presence of Chief Minister of Goa, Dr. Pramod Sawant to support Goa’s climate ambitions under the Blended Finance Facility being set up by Govt. of Goa in partnership with World Bank. : newsmantra.in

Power Finance Corporation inks pact to finance green projects in Goa

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New Delhi : Government-owned Power Finance Corporation (PFC) has signed a Memorandum of Understanding (MoU) to support the Goa government’s key climate projects such as renewable energy, green hydrogen and electric vehicles, waste-to-wealth technology and nature-based solutions, the Ministry of Power announced on Tuesday. : daijiworld.com

REC Foundation contributes Rs 15 Cr for education of 12,500 children of ex-servicemen

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Gurgoan, Haryana : REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, through its CSR arm – REC Foundation, has demonstrated unwavering support for the welfare of Ex-Servicemen and their dependents by making a contribution of Rs 15 Crores to the Armed Forces Flag Day Fund, which will be used for the education of 12,500 children of ex-servicemen. : newsmantra.in

REC Foundation contributes Rs 15 crore for education of 12,500 children of ex-servicemen

524db06275b53

New Delhi : REC Limited through its CSR arm – REC Foundation, has demonstrated unwavering support for the welfare of Ex-Servicemen and their dependents by making a contribution of Rs 15 crores to the Armed Forces Flag Day Fund, which will be used for the education of 12,500 children of ex-servicemen. : psuwatch.com

REC Foundation Contributes Rs 15 Cr For Education Of 12,500 Children Of Ex-Servicemen

524db06275b53

Gurgoan, Haryana : REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, through its CSR arm – REC Foundation, has demonstrated unwavering support for the welfare of Ex-Servicemen and their dependents by making a contribution of Rs 15 Crores to the Armed Forces Flag Day Fund, which will be used for the education of 12,500 children of ex-servicemen. : Outlook

NHPC organizes ‘Gyanankan – The Business Quiz’

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New Delhi : NHPC successfully organized ‘Gyanankan – The Business Quiz’ as a part of Organizational Development initiatives with an objective of encouraging the employees for keeping themselves abreast with latest business jargons, current affairs and other advancements happening globally and also to ignite the innovative and creative minds of the employees. : easterneye.biz

Power ministry directs states for swift adoption of renewable energy rules

New Delhi : Power ministry directs states for swift adoption of renewable energy rules. : Economic Times

India seeks $26 billion of private nuclear power investments, sources say

New Delhi : India seeks $26 billion of private nuclear power investments, sources say. : Economic Times

RenewSys plans Rs 6,000cr investment in Telangana

New Delhi : RenewSys plans Rs 6,000cr investment in Telangana. : Economic Times

Juniper Green Energy, Envision tie up to develop 300-MW wind project

New Delhi : Juniper Green Energy, Envision tie up to develop 300-MW wind project. : Economic Times

In a first, Centre taps private sector to invest Rs 2.16 lakh crore in nuclear energy

New Delhi : The Centre will invite private companies to invest about $26 billion (?2.16 lakh crore) in nuclear energy to increase the amount of electricity from sources that don’t produce carbon dioxide emissions, said two government officials who are directly involved in the matter. : Economic Times

Ireda planning arm to finance rooftop solar, electric vehicles

New Delhi : State-run Indian Renewable Energy Development Agency Ltd (Ireda) is planning to set up a subsidiary to finance business to consumer or retail segments incl-uding rooftop solar installat-ions and electric vehicles (EV). : Mint

BackBack ReNew’s Q3 net loss narrows to ?321.6 cr

New Delhi : Nasdaq-listed ReNew Energy Global Plc has reported a net loss of ?321.6 crore for the quarter ended December. : Mint

REC Foundation Contributes To Armed Forces Flag Day Fund

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New Delhi : REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power and a leading NBFC, has contributed Rs. 15 crores to the Armed Forces Flag Day Fund, through REC Foundation, REC’s CSR arm. : indianpsu.com

NLC India ties up with NPTI for training program in TN district

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New Delhi : NLC India Ltd on Tuesday announced a collaboration with NPTI to impart training to project-affected persons and unemployed youth in the Cuddalore district of Tamil Nadu. : psuwatch.com

CMD, IREDA Unveils Vision for Retail Division, Elevating Rooftop Solar

New Delhi : Shri Pradip Kumar Das, Chairman and Managing Director (CMD) of Indian Renewable Energy Development Agency Ltd. (IREDA), articulated the agency’s proactive stance in enhancing the bankability of Rooftop Solar projects during his address on the recently launched “PM Surya Ghar Muft Bijli Yojana.” : psuconnect.in

NHPC organizes ‘Gyanankan – The Business Quiz’ for employees

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New Delhi : NHPC successfully organized the first edition of ‘Gyanankan – The Business Quiz’ for its employees, as a part of its Organizational Development initiatives to encourage the employees for keeping themselves abreast with the latest business developments, current affairs and other advancements happening globally and also to ignite the innovative and creative minds of the employees. : psuconnect.in

Power Grid board approves Investment in two projects worth 655.75 crore

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New Delhi : India’s Power giant and central public sector undertaking, Power Grid Corporation of India [PGIL] Board approved the Investment for two significant projects following meetings held on 18th February 2024. : psuconnect.in


Oil and Gas

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” New Delhi : NTPC Ltd., India’s largest integrated power company has signed a Land Lease Agreement in order to realize the green energy and green hydrogen objectives of NTPC and the GoI’s efforts towards energy transition.” : Sarkaritel.com

GAIL organises CBG Workshop for stakeholders

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Chandigarh : Under the aegis of the Ministry of Petroleum and Natural Gas, GAIL (India) Limited organized a CBG Workshop here which was attended by bank officers, LOI holders, Compressed Bio Gas (CBG) producers, technology providers. : psuconnect.in

ONGC’s Mumbai high: 50 years on still going strong

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New Delhi : ONGC’s Mumbai high: 50 years on still going strong. : Economic Times

BPCL launches first mobile MAK Adblue dispenser in Kolkata for eco-friendly fuel access

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New Delhi : BPCL launches first mobile MAK Adblue dispenser in Kolkata for eco-friendly fuel access. : Economic Times

PM lays foundation stone for BPCL’s cutting-edge common user facility POL terminal in Jammu

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New Delhi : Prime Minister Narendra Modi on Tuesday laid the foundation stone of a state-of-the-art Common User Facility (CUF) POL Terminal in the outskirts of Jammu city. : psuwatch.com

COP28 president urges countries to set plans for fossil fuel transition

New Delhi : COP28 president urges countries to set plans for fossil fuel transition. : Economic Times

Govt to roll out fiscal incentives for CGD-CBG integration to boost domestic gas Supply

New Delhi : Govt to roll out fiscal incentives for CGD-CBG integration to boost domestic gas Supply. : Economic Times

Indian diesel floods to Asia as Houthis imperil flows to Europe

New Delhi : Indian diesel floods to Asia as Houthis imperil flows to Europe. : Economic Times

India stands firm on buying Russian oil amidst sanctions; EAM Jaishankar says Moscow has never hurt New Delhi

New Delhi : External Affairs Minister S Jaishankar reaffirmed India’s stance on buying Russian oil despite sanctions on Moscow amid military conflict with Ukraine. He said that India and Russia have always shared “stable and friendly ties” and Moscow has never hurt the interests of New Delhi. : Economic Times

Russia remains top oil supplier to India, imports climb 25% in December

New Delhi : Russia remained the top supplier of oil to India in December, accounting for nearly a third of the crude brought into the country, according to commerce ministry’s data. : Mint

Oil pares gains amid uncertain demand outlook in 2024, risk premium persists; Brent at $83/bbl

New Delhi : Oil prices fell on Tuesday, February 20, with an uncertain outlook for global demand knocking value off crude futures contracts, despite some risk premium from the Israel-Hamas conflict. : Mint

Russian crude oil traders come up with ways to sidestep US sanctions

New Delhi : Russian traders are considering options to stay one step ahead of Washington as the US resorts to a slew of secondary sanctions on the export of Russian crudes to weaken burgeoning oil trade between India and Russia, according to government and industry officials from both nations and ship-tracking data. : Business Standard

GAIL organises CBG Workshop for stakeholders under aegis of MoPNG

New Delhi : Under the aegis of Ministry of Petroleum and Natural Gas, GAIL (India) Limited organized a CBG Workshop here which was attended by bank officers, LOI holders, Compressed Bio Gas (CBG) producers, technology providers, representatives from World Bank, Indian Biogas Association members, Oil and Gas Marketing Companies, Haryana Renewables Energy Development Agency (HREDA), Punjab Energy Development Agency (PEDA) and various Ministries and Departments representatives. : Sarkaritel.com

Indonesia to launch first hydrogen refueling station

New Delhi : Indonesia to launch first hydrogen refueling station. : Economic Times

Shell sees rising value in German biomethane market

New Delhi : Shell sees rising value in German biomethane market. : Economic Times

India’s expanding economy, urbanization to propel oil demand growth by 6.6 mb/d by 2045

New Delhi : India’s expanding economy, urbanization to propel oil demand growth by 6.6 mb/d by 2045. : Economic Times

Russia’s crude oil delivery problems to India aren’t over yet

New Delhi : Russia’s crude oil delivery problems to India aren’t over yet. : Economic Times

State oil cos power up capex machine

New Delhi : Indian Oil Corporation, Hindustan Petroleum Corporation and GAIL have accelerated their capital spending, with each of them exceeding their annual capex target in just ten months. : Economic Times

India’s LNG terminal plans in Iraq face visa hurdles

New Delhi : Plans to set up a liquified natural gas terminal in Iraq are yet to take off, as Iraq is yet to issue visas to officials from Indian oil and gas and EPC (engineering, procurement and construction) companies amid persistent security concerns in the country. : Mint

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