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MEDIA UPDATE (March 21, 2024)

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21-Mar-2024

Power

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” New Delhi : NTPC Kanti is not only excelling in its commercial endeavors but is also actively contributing to the development of the region through its corporate social responsibility initiatives. This was highlighted by Project Head Madhu S during a press conference held at NTPC Kanti on Wednesday.” : Sarkaritel.com

Reliance Power and its parent entity actively settling dues with lenders

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New Delhi : Anil Ambani-led Reliance Power settled the debts owed to three banks – ICICI Bank, Axis Bank, and DBS Bank – last week while its parent Reliance Infrastructure is working towards settling dues of Rs 2,100 crore to JC Flowers Asset Reconstruction Company, said people with knowledge of the matter. : Economic Times

NTPC Kanti Contributes Significantly To The Development Of Bihar : Head of Project, NTPC Kanti

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New Delhi : NTPC Kanti is not only excelling in its commercial endeavors but is also actively contributing to the development of the region through its corporate social responsibility initiatives. This was highlighted by Project Head Shri Madhu S during a press conference held at NTPC Kanti on Wednesday. : indianpsu.com

NTPC Kanti Contributes Significantly to the Development of Bihar

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New Delhi : NTPC Kanti is not only excelling in its commercial endeavors but is also actively contributing to the development of the region through its corporate social responsibility initiatives. : psuconnect.in

NTPC’s 1.5 GW Tranche II Solar Auction Winners Revealed

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New Delhi : NTPC’s 1.5 GW Tranche II Solar Auction Winners Revealed. : mercomindia.com

Adani Electricity aims to instal 8,500 EV chargers in suburban Mumbai

New Delhi : Adani Electricity aims to instal 8,500 EV chargers in suburban Mumbai. : Economic Times

Rapid solar expansion raises alarm over mounting waste, calls for robust recycling policies

New Delhi : Rapid solar expansion raises alarm over mounting waste, calls for robust recycling policies. : Economic Times

Sri Lanka cabinet firms up ways to use up Indian loan for solar energy

New Delhi : Sri Lanka cabinet firms up ways to use up Indian loan for solar energy. : Economic Times

BSES urges consumers to switch off non-essential electrical appliances during Earth Hour

New Delhi : BSES urges consumers to switch off non-essential electrical appliances during Earth Hour. : Economic Times

Sipan Kumar Garg set to be next Director (Finance) of THDC

New Delhi : Sipan Kumar Garg is set to be next Director (Finance) of THDC (India) Limited, a PSU under the Ministry of Power. He has been recommended for the post by the Public Enterprises Selection Board (PESB) panel on Tuesday. : psuwatch.com

India’s solar waste could reach 600 kilotonnes by 2030: Study

New Delhi : India’s solar waste could reach a staggering 600 kilotonnes by 2030 equivalent to filling up 720 Olympic-size swimming pools according to a new study released on Wednesday. : psuwatch.com

Hyderabad-Based Aircraft Firm Converts Its Carport Into Solar Power House

New Delhi : Hyderabad-Based Aircraft Firm Converts Its Carport Into Solar Power House. : saurenergy.com

Rooftop Solar Can Aid In Mitigating 16% Building Emissions: CSTEP Study

New Delhi : Rooftop Solar Can Aid In Mitigating 16% Building Emissions: CSTEP Study. : saurenergy.com

SECI Invites Bids For Empanelment Of Agencies Under DPR Category

New Delhi : SECI Invites Bids For Empanelment Of Agencies Under DPR Category. : saurenergy.com

Maharashtra Floats Tender for 1 GW Pumped Hydro Storage Capacity

New Delhi : Maharashtra Floats Tender for 1 GW Pumped Hydro Storage Capacity. : mercomindia.com

Airport Authority Floats O&M Tender for 1.2 MW Solar Projrct at Varanasi

New Delhi : Airport Authority Floats O&M Tender for 1.2 MW Solar Projrct at Varanasi. : mercomindia.com

Jammu and Kashmir to Host India’s Largest Battery Gigafactory at 7 GWh

New Delhi : Jammu and Kashmir to Host India’s Largest Battery Gigafactory at 7 GWh. : mercomindia.com

GRID-INDIA makes the grade as a Miniratna company

New Delhi : Grid Controller of India Limited (GRID-INDIA) has achieved a significant milestone as it has been conferred the status of a Miniratna Category-I Central Public Sector Enterprise (CPSE), the Ministry of Power said on Wednesday. : Sarkaritel.com

Robust recycling of increasing solar waste critical for India’s energy security: CEEW

New Delhi : As India expands its renewable capacity to go net-zero, cumulative waste from its existing and new solar energy capacity (deployed between FY24 and FY30) could reach up to 600 kilotonnes by 2030, equivalent to filling up 720 Olympic-size swimming pools, a new study by the Council on Energy, Environment and Water (CEEW) released on Wednesday said. : Sarkaritel.com

Shirdi Sai Electricals plans Rs 1,000 cr investment on transformer capacity, conductor unit

New Delhi : Shirdi Sai Electricals plans Rs 1,000 cr investment on transformer capacity, conductor unit. : Economic Times

India’s Energy Transition: Securing the Ecosystem

New Delhi : India’s Energy Transition: Securing the Ecosystem. : Economic Times

Vitesco Technologies secures 83,000 MWh of electricity from solar, onshore wind power plants

New Delhi : Vitesco Technologies secures 83,000 MWh of electricity from solar, onshore wind power plants. : Economic Times

Record low REC prices unlock cost-efficient path for Discoms’ green compliance

New Delhi : Record low REC prices unlock cost-efficient path for Discoms’ green compliance. : Economic Times

India still heavily dependent on coal; takes 77 per cent share in total energy generation in FY23, says MoSPI

New Delhi : India still heavily dependent on coal; takes 77 per cent share in total energy generation in FY23, says MoSPI. : Economic Times

Adani Electricity aims to instal 8,500 EV chargers in suburban Mumbai

New Delhi : Adani Electricity aims to instal 8,500 EV chargers in suburban Mumbai. : Economic Times

MNRE Enlists 11 Companies Offering Solar Insurance To Cover Risks

New Delhi : MNRE Enlists 11 Companies Offering Solar Insurance To Cover Risks. : saurenergy.com

Relief On The Horizon For Solar Developers In GIB Zone In Rajasthan

New Delhi : Relief On The Horizon For Solar Developers In GIB Zone In Rajasthan. : saurenergy.com

Project Finance Breif: Primergy Secures $588 Million for 408 MW Solar Project

New Delhi : Project Finance Breif: Primergy Secures $588 Million for 408 MW Solar Project. : mercomindia.com

Bundelkhand University Invites Bids for 1.2 MW Rooftop Solar Projet

New Delhi : Bundelkhand University Invites Bids for 1.2 MW Rooftop Solar Projet. : mercomindia.com

Indian Oil Floats EPC Tender for 1 MW Solar Project in Andhra Pradesh

New Delhi : Indian Oil Floats EPC Tender for 1 MW Solar Project in Andhra Pradesh. : mercomindia.com

CERC Approves Tariffs for NTPC’s 1.25 GW Solar Power Projects

New Delhi : CERC Approves Tariffs for NTPC’s 1.25 GW Solar Power Projects. : mercomindia.com

HUL to decarbonise its supply chain by 2039, use 100% green energy by 2030

New Delhi : One of the country’s largest fast-moving consumer goods (FMCG) firms, Hindustan Unilever (HUL), is working towards decarbonising its end-to-end supply chain by 2039. : Business Standard

GRID-INDIA IS NOW A MINIRATNA COMPANY

New Delhi : Grid Controller of India Limited (GRID-INDIA) achieved a significant milestone by being conferred with the status of Miniratna Category-I Central Public Sector Enterprise (CPSE). This recognition, bestowed upon by the Ministry of Power, Government of India, underscores GRID-INDIA’s pivotal role in the nation’s power landscape. : globalgreenews.com


Oil and Gas

Oil India to take external commercial loan route to raise $550 million loans to fund expansion

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Mumbai : Oil India, the country’s second-biggest state-owned oil and gas explorer, is set to raise $550 million in a five-year external commercial loan facility through Bank of Baroda (BoB) to fund expansion into petrochemicals, ethanol, biogas, and renewable energy and run its operations. : Economic Times

BPCL: Bharat Petroleum signs 4-month US oil purchase deal with BP, sources say

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New Delhi : Indian state-run oil refiner Bharat Petroleum Corp has signed a deal with BP to buy 1 million barrels per month of U.S. West Texas Intermediate (WTI) crude for four months, trade sources said. : Economic Times

Reliance refusing Sovcomflot oil shipments after sanctions, sources say

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New Delhi : India’s Reliance Industries, operator of the world’s biggest refining complex, will not buy Russian oil loaded on tankers operated by shipper Sovcomflot (SCF) after recent U.S. sanctions, according to two sources familiar with the matter. : Economic Times

Indian Oil Floats EPC Tender for 1 MW Solar Project in Andhra Pradesh

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New Delhi : Indian Oil Floats EPC Tender for 1 MW Solar Project in Andhra Pradesh. : mercomindia.com

BPCL secures 5th spot in Business World Real 500: Leading the Change

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New Delhi : Bharat Petroleum Corporation Limited (BPCL) on Wednesday announced that it has continued position as the 5th-ranked company in The Business World Real 500 List of 2024. : psuwatch.com

Oil and gas shares gain as crude oil surges to 5 month high

New Delhi : Siddhartha Khemka, Head Retail Research, Motilal Oswal Financial Services on Wednesday said that the markets are expected to remain in consolidation mode and will keenly track the US Fed commentary which would provide direction on its future rate action. : Sarkaritel.com

OPINION: A conflict-free clean energy journey

New Delhi : OPINION: A conflict-free clean energy journey. : Economic Times

India’s Russian oil imports edged up in February from January

New Delhi : India’s import of Russian oil edged up in February over January, reversing declines seen in the past two months, data from industry sources showed on Wednesday, as refiners received some parcels of Russian light sweet Sokol grade. : Economic Times

Equinor spends USD 6 bn/yr to keep Norway oil, gas steady, CEO says

New Delhi : Equinor spends USD 6 bn/yr to keep Norway oil, gas steady, CEO says. : Economic Times

India’s dependence on LNG imports may fall to 45% in FY26

Mumbai : With the increase in domestic natural gas production, India’s dependency on imported liquefied natural gas (LNG) is expected to fall to about 45% of total consumption in 2025-26 after gradually declining from 53% in 2020-21, CareEdge Ratings said in a report on Tuesday. : Economic Times

Oil marketing companies to bear latest oil price cut, not govt grant

New Delhi : The decision by the three oil-marketing companies (OMCs) to reduce petrol and diesel prices after a record 22 months will be borne by the companies themselves, and not through a government grant, officials said. : Business Standard

Oil companies jump into EV charging; Offer facilities at over 15,000 petrol pumps

New Delhi : Oil companies are now offering electric vehicle (EV) charging facilities at more than 15,000 petrol pumps across India, helping build an ecosystem to spur the growth of low-emission vehicles. : Economic Times

Vehicle licence plates in Delhi to be scanned at petrol pumps for PUCC validity

New Delhi : Soon, your vehicle licence plates will be scanned by cameras at the petrol pumps for PUCC validity with the Delhi government planning to implement a digital solution for the issue. : theweek.in

No oil and gas majors aligned with climate targets: report

New Delhi : No oil and gas majors aligned with climate targets: report. : Economic Times

Mahanagar Gas legally challenges infrastructure exclusivity expiry notice

New Delhi : City-gas distributor (CGD) Mahanagar Gas has legally challenged a regulatory notice about the expiry of the company’s infrastructure exclusivity in Mumbai, the company said. However, Mahanagar Gas (MGL) and the country’s petroleum and natural-gas regulator are aiming to settle the matter amicably. : Business Standard

HYDROGEN AND FUEL CELLS IN ECONOMY DELIBERATES ON DEPLOYMENT OF GREEN HYDROGEN AND ITS DERIVATIVES

New Delhi : The 41st Steering Committee Meeting of the International Partnership for Hydrogen and Fuel Cells in the Economy (IPHE), being hosted by India in New Delhi during March 18 – 22, 2024, began its formal proceedings on March 19, 2024. : globalgreenews.com

IPHE Meeting On Hydrogen & Fuel Cells Begins In New Delhi

New Delhi : IPHE Meeting On Hydrogen & Fuel Cells Begins In New Delhi. : saurenergy.com

Petrol, Diesel Fresh Prices Announced On March 20: Know Fuel Rates In Your City

New Delhi : Petrol and Diesel Prices Today On March 20, 2024: In the international market, WTI crude is selling at $83.16 per barrel with a drop of 0.37% at around 6 am on Wednesday. At the same time, Brent crude is trading at $87.26 per barrel with a drop of 0.14%. : news18.com

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