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MEDIA UPDATE (March 22, 2024)

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22-Mar-2024

Power

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” New Delhi : ‘PFC Consulting Limited’, a wholly-owned subsidiary of Power Finance Corporation Limited, a Maharatna CPSE, has transferred a transmission project-specific Special Purpose Vehicle (SPV) ‘Solapur Transmission Limited’ to ‘Torrent Power Limited’, the successful bidder, on March 20, 2024.” : Sarkaritel.com

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” New Delhi : NHPC organized a two-day programme to celebrate International Women’s Day 2024 from 20th to 21st March 2024. The programme included a lecture by Sandhya Swamy (IPS), Additional DCP-I, North West Delhi alongwith felicitation of women employees at NHPC Corporate Office on 21st March 2024 and ‘Anvitha’ outbound training programme held on 20th March 2024.” : Sarkaritel.com

PFC spurts on selling subsidiary to Torrent Power

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New Delhi : Power Finance Corporation (PFC) rallied 5.99% to Rs 383 after the company sold its subsidiary, Solapur Transmission to Torrent Power for Rs 6.53 crore. : Business Standard

PFC Consulting Transfers Solapur Transmission SPV to Torrent Power as Part of Transmission Project Acquisition

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New Delhi : ‘PFC Consulting Limited’, a wholly-owned subsidiary of Power Finance Corporation Limited, a Maharatna CPSE, has transferred a transmission project-specific Special Purpose Vehicle (SPV) ‘Solapur Transmission Limited’ to ‘Torrent Power Limited’, the successful bidder, on March 20, 2024. : https://indiangrapevine.com/

PFC Consulting Transfers Solapur Transmission SPV to Torrent Power

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New Delhi : ‘PFC Consulting Limited’, a wholly-owned subsidiary of Power Finance Corporation Limited, a Maharatna CPSE, has transferred a transmission project-specific Special Purpose Vehicle (SPV) ‘Solapur Transmission Limited’ to ‘Torrent Power Limited’, the successful bidder, on March 20, 2024. : psuconnect.in

PFC Consulting Transfer Solapur Transmission Project to Torrent Power

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New Delhi : PFC Consulting Transfer Solapur Transmission Project to Torrent Power. : newsdrum.in

PFC Consulting transfers Solapur Transmission project to Torrent Power

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New Delhi : State-owned PFC Consulting Ltd has transferred Solapur Transmission project to private player Torrent Power, a statement said on Thursday. : Economic Times

NLC India Plans USD 600 Million Fund Raise, Board Meeting Set for March 27

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New Delhi : The central public sector undertaking of the Coal Ministry, NLC India Limited today informed that the company is planning to raise foreign currency loan and seek some consideration and approvals for the upcoming projects. The PSU is going to hold its board meeting on March 27th, 2024 for these listed things. : psuconnect.in

PFC CONSULTING TRANSFERS SOLAPUR TRANSMISSION SPV TO TORRENT POWER AS PART OF TRANSMISSION PROJECT ACQUISITION

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New Delhi : ‘PFC Consulting Limited’, a wholly-owned subsidiary of Power Finance Corporation Limited, a Maharatna CPSE, has transferred a transmission project-specific Special Purpose Vehicle (SPV) ‘Solapur Transmission Limited’ to ‘Torrent Power Limited’, the successful bidder, on March 20, 2024. : globalgreenews.com

Luminous Power Technologies teams up with Credit Fair to offer affordable solar financing options

New Delhi : Luminous Power Technologies teams up with Credit Fair to offer affordable solar financing options. : Economic Times

Wind power projects in India set for volume boost in FY24

New Delhi : Wind power projects in India set for volume boost in FY24. : Economic Times

Wind power projects in India set for volume boost in FY24

New Delhi : Wind power projects in India set for volume boost in FY24. : Economic Times

Embracing the future of energy: Smart metering as a catalyst for industrial efficiency and resilience

New Delhi : Embracing the future of energy: Smart metering as a catalyst for industrial efficiency and resilience. : Economic Times

Centre allocates additional quota of electricity to Uttarakhand

New Delhi : Centre allocates additional quota of electricity to Uttarakhand. : Economic Times

India’s coal import rises to 212 mn tonnes in April-January period

New Delhi : India’s coal import rises to 212 mn tonnes in April-January period. : Economic Times

Gensol Engineering commissions 10.6 MW rooftop solar project in MP

New Delhi : Gensol Engineering commissions 10.6 MW rooftop solar project in MP. : Economic Times

NCC & NPCIL Ink MoU To Raise Awareness On Peaceful Use Of Nuclear Power

New Delhi : National Cadet Corps (NCC) and Nuclear Power Corporation of India Limited (NPCIL) signed a Memorandum of Understanding (MoU) in New Delhi on March 21, 2024. : indianpsu.com

THDC bags ‘The GEEF Global Environment Award 2024’ in power industry

New Delhi : THDC India Limited on Thursday said that it has been awarded in the gold category for the prestigious ‘The GEEF Global Environment Award 2024’ in the power industry. : psuwatch.com

SJVN Organised All India Kavi Sammelan

Shimla : SJVN organised All India Kavi-Sammelan in the auditorium of Hotel Halli-de-Homme, Shimla. : psuconnect.in

India To Generate 600 kT Solar Waste From Installed, New Capacity By 2030, Finds Study

New Delhi : India To Generate 600 kT Solar Waste From Installed, New Capacity By 2030, Finds Study. : saurenergy.com

THDC conferred with ‘The GEEF Global Environment Award 2024’

New Delhi : Sh. R. K. Vishnoi, Chairman and Managing Director, THDCIL informed that THDC India Limited has been awarded in the Gold Category for the prestigious “The GEEF Global Environment Award 2024” in the Power Industry. : psuconnect.in

NCLAT permits John Energy to deposit Rs 254 cr settlement amount

New Delhi : The National Company Law Appellate Tribunal (NCLAT) has permitted John Energy, a debt-ridden firm facing insolvency proceedings before the NCLT, to deposit Rs 254 crore along with 12 per cent interest as per the One Time Settlement (OTS) with its lenders ICICI Bank and Axis Bank. : Economic Times

Adani electricity and Tata power to install 8500 EV charging station in Mumbai

New Delhi : This project is supposed to deploy 8500 share EV charging stations in approximately 4000 housing societies compounds where Adani Electricity already implementing 240 chargers and Tata Power installing around 720 societies. : psuconnect.in


Oil and Gas

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” New Delhi : Sandeep Sarkar, Chief Vigilance Officer, GAIL (India) Ltd. inaugurated Annual Vigilance Executive Meet and Awareness Workshop for Vigilance Officers today at GAIL Puducherry. Dr. Upender Vennam, Chief Vigilance Officer (CVO) of Bharat Dynamics Limited (BDL) and MIDHANI along with Vigilance Executives from GAIL and its Subsidiaries/Joint Ventures, and the Directorate General of Hydrocarbons (DGH) participated in the meet.” : Sarkaritel.com

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

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New Delhi : 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 clinches two awards at 14th edition of Corporate Governance & Sustainability Vision Awards ‘23

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New Delhi : BPCL has been awarded with ‘Sustainability Performance & Water Stewardship’ and ‘Corporate Governance’ from the Indian Chamber of Commerce at the 14th edition of Corporate Governance & Sustainability Vision Awards. : psuconnect.in

New Delhi takes centre stage in global green hydrogen dialogue

New Delhi : New Delhi takes centre stage in global green hydrogen dialogue. : Economic Times

India’s Reliance refusing Sovcomflot oil shipments after sanctions, sources say

New Delhi : India’s Reliance refusing Sovcomflot oil shipments after sanctions, sources say. : Economic Times

Chevron agrees to pay more than $13 million in fines for California oil spills

New Delhi : Chevron agrees to pay more than $13 million in fines for California oil spills. : Economic Times

India’s petroleum export earnings drop due to global slowdown

New Delhi : India’s export earnings from petroleum shipments fell steeply during the first 11 months of fiscal year 2024 due to the global economic slowdown, a rise in domestic consumption, and shrinking discounts on Russian oil. : Mint

Oil prices drop on weaker US fuel demand, Gaza ceasefire report; Brent rebounds to $85/bbl

New Delhi : Oil prices declined on Thursday, March 21, pressured by weaker US gasoline demand data and reports of a United Nations draft resolution calling for a ceasefire in Gaza. : Mint

Lower LNG prices trigger surge in Asian spot market purchases

New Delhi : Lower LNG prices trigger surge in Asian spot market purchases. : Economic Times

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

India’s crude oil output rises 7.9% to 2.3 MMT in February, imports decline 6.6% YoY: PPAC

New Delhi : India produced a total of 2.3 million metric tonnes (MMT) of crude oil in February 2024 – registering a growth of 7.9 per cent compared to the year-ago period, according to Petroleum Planning & Analysis Cell (PPAC). : Mint

Crude oil processing volumes remain steady in Feb at 20.9 MMT: PPAC

New Delhi : Crude oil volumes processed by Indian refiners remained steady in February at 20.9 million metric tonnes (MMT), data released by the Petroleum Planning and Analysis Cell (PPAC) on Wednesday showed. : Business Standard

Petrol, Diesel Fresh Prices Announced On March 21: Know Fuel Rates In Your City

New Delhi : Petrol and Diesel Prices Today On March 21, 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 Thursday. 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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