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MEDIA UPDATE (March 27, 2024)

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27-Mar-2024

Power

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” New Delhi : NTPC group has entered into foreign currency loan agreements with the Japan Bank for International Co-operation (JBIC), the Japanese Government policy-based financial institution, aggregating JPY 30 billion (Aprox.. USD 200 million/Rs. 1650 crore) i.e. JPY 15 billion each for NTPC Limited and NTPC Renewables Energy Limited (NREL).” : Sarkaritel.com

NTPC signs pact with Japanese agency for USD 200 million loan

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New Delhi : State-owned power giant NTPC on Tuesday said it has inked a pact with a Japanese agency for sourcing foreign currency loans of USD 200 million (JPY 30 billion or around Rs 1,650 crore).. : Economic Times

CCI clears Adani Power’s purchase of Lanco Amarkantak

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New Delhi : The Competition Commission of India on Tuesday approved Adani Power’s acquisition of Lanco Amarkantak Power, according to an order by the antitrust regulator. : Economic Times

NTPC North Karanpura Hosts Successful Press Meet Highlighting Community Welfare

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New Delhi : NTPC North Karanpura, convened a press meet on March 23, 2024, to underscore its unwavering dedication to safety, operational excellence, and community welfare initiatives. The event, attended by esteemed dignitaries and members of the press. : indianpsu.com

Adani eyes 45 GW renewable energy capacity by 2030

New Delhi : Adani eyes 45 GW renewable energy capacity by 2030. : Economic Times

Energy Statistics India 2024 – Analysing the sustainable energy goals and renewable energy sector in India

New Delhi : Energy Statistics India 2024 – Analysing the sustainable energy goals and renewable energy sector in India. : Economic Times

India’s Solar Promise: From Decarbonized Growth to Energy Security

New Delhi : India’s Solar Promise: From Decarbonized Growth to Energy Security. : Economic Times

Wind and sun are free, but it’s harder to get renewable energy projects built these days. Here’s why

New Delhi : Wind and sun are free, but it’s harder to get renewable energy projects built these days. Here’s why. : Economic Times

R S Gopalan, Commissioner-cum-Secretary, Labour & ESI Deptt inaugurated One day Safety Seminar at NTPC Kaniha

New Delhi : One-day Safety Seminar on “Industrial Safety & Accident Prevention” was organized at NTPC Kaniha Premises on 22.03.2024. This program was organized by the Directorate of Factories & Boilers, Govt of Odisha in association with M/s Institute of Quality and Environment Management Services Pvt. Ltd. : psuconnect.in

Adani Green Energy Gallery in UK to explore sustainable energy options to fight climate change

New Delhi : The Adani Green Energy Gallery, inaugurated at the Science Museum in London, UK on Tuesday aims to explore options that will help generate energy sustainably, decarbonise and fight climate change. : Sarkaritel.com

Maharashtra: Rooftop solar sees 90% spike in state, city in just 2 years

Mumbai : Maharashtra: Rooftop solar sees 90% spike in state, city in just 2 years. : Economic Times

Tamil Nadu’s electricity demand crosses peak of 2023, touches 19,409MW

New Delhi : Tamil Nadu’s electricity demand crosses peak of 2023, touches 19,409MW. : Economic Times

Jakson ties up with Dubai-based Powernsun

New Delhi : Jakson ties up with Dubai-based Powernsun. : Economic Times

Sterlite & GIC to set up $1 billion JV for power transmission

New Delhi : Vedanta Group’s privately held power transmission arm Sterlite Power Transmission Ltd (SPTL) and Singapore’s sovereign wealth fund GIC are jointly setting up a $1 billion platform for the power transmission sector in India, said people aware of the development. : Economic Times

Adani Power gets CCI’s approval to acquire Lanco Amarkantak Power

New Delhi : Fair trade regulator Competition Commission of India (CCI) on Tuesday cleared Adani Power’s proposed acquisition of Lanco Amarkantak Power. : Business Standard

Bundelkhand Of Uttar Pradesh Emerging As The New ‘Power Hub’ Of The State

New Delhi : Bundelkhand, long counted among the underdeveloped regions of the country, is now rapidly progressing towards prosperity. Over the past seven years, extensive developmental efforts have been undertaken in this region, following which investments worth ? 10 lakh crores have been grounded successfully. : indianpsu.com

Navi Mumbai Issues Tender For 100 MW Floating Solar Project

New Delhi : Navi Mumbai Issues Tender For 100 MW Floating Solar Project. : saurenergy.com

Waaree Solar Americas Appoints Gordon Brinser as COO

New Delhi : Waaree Solar Americas Appoints Gordon Brinser as COO. : saurenergy.com

GRIDCO Invites Bids For 500 MW Energy Storage Project In Odisha

New Delhi : GRIDCO Invites Bids For 500 MW Energy Storage Project In Odisha. : saurenergy.com

EEW Partners With Grupo COBRA Australia To Develop 200 MWdc Solar Farm & 50MW BESS

New Delhi : EEW Partners With Grupo COBRA Australia To Develop 200 MWdc Solar Farm & 50MW BESS. : saurenergy.com

We’re leading energy transition for generations to come: Gautam Adani

New Delhi : It is our duty to take care of our planet – not only for this generation and the next but also for generations to come – and Adani Green Energy is leading an energy transition that honours this commitment, Adani Group Founder and Chairman, Gautam Adani, said on Tuesday. : Sarkaritel.com


Oil and Gas

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” New Delhi : MRPL has sponsored Water Purifiers worth Rs 16.75 lakhs in 36 Schools in and around its Refinery premises and with an additional cost of Rs 6.64 Lakh has provided napkin-burning incinerators to 48 Government Schools and PU Colleges around it’s vicinity.” : Sarkaritel.com

GAIL to commission its first green hydrogen project in April, sources say

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New Delhi : GAIL to commission its first green hydrogen project in April, sources say. : Economic Times

ONGC to establish drill well in Bihar for oil and gas

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New Delhi : Oil and Natural Gas Corp (ONGC) plans to establish a drilling well in Bihar this year, in the field of oil and gas. The company has acquired 3D seismic data for 300 sq. km for its block in Samastipur, Bihar, and is set to drill two exploratory wells. : psuconnect.in

ONGC to drill well in Bihar

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New Delhi : Oil and Natural Gas Corp (ONGC) is planning to drill a well in Bihar this year to look for oil and gas. A commercial discovery will not just put the state on India’s oil map but also open up for exploration the entire Ganga basin stretching from Bihar to Uttar Pradesh and Punjab. : Economic Times

Oil prices stabilise on weaker US dollar while investors weigh tighter Russian supply; Brent at $86/bbl

New Delhi : Oil prices steadies on Tuesday, March 26 as investors took a more mixed view toward the loss of Russian oil refinery capacity after the recent Ukrainian drone attacks while a slightly weaker US dollar offered some support to prices. : Mint

Govt allows UAE’s Adnoc to export oil from Indian strategic storage

New Delhi : The Government has allowed Abu Dhabi National Oil Company (Adnoc) to export crude oil it has stored in underground strategic storages at Mangalore to give operational flexibility to the foreign firm, an order of the Ministry of Commerce and Industry said on Saturday. : psuwatch.com

Government allows UAE’s Adnoc to export oil from Indian strategic storage

New Delhi : Government allows UAE’s Adnoc to export oil from Indian strategic storage. : Economic Times

Indian refiners buy more US crude as Russia sanctions tighten

New Delhi : Indian refiners buy more US crude as Russia sanctions tighten. : Economic Times

Japan petrochemicals sector will need to consolidate, says oil industry group

New Delhi : Japan petrochemicals sector will need to consolidate, says oil industry group. : Economic Times

PetroChina’s 2023 net income up 8.3% on strong fuel, gas sales

New Delhi : PetroChina’s 2023 net income up 8.3% on strong fuel, gas sales. : Economic Times

AG&P to develop LNG import terminals in east Indonesia

New Delhi : AG&P to develop LNG import terminals in east Indonesia. : Economic Times

Russia orders companies to cut oil output to meet OPEC+ target

New Delhi : Russia orders companies to cut oil output to meet OPEC+ target. : Economic Times

LNG importers rush to buy spot cargoes as price hits 3-year low

New Delhi : Power companies and refineries are doubling down on spot liquefied natural gas (LNG) as prices have hit a three-year low, according to industry officials aware of the development. : Economic Times

Up to 15% of India’s green hydrogen mfg expected to shift out due to global incentives: Experts

New Delhi : Up to 15% of India’s green hydrogen mfg expected to shift out due to global incentives: Experts. : Economic Times

Green hydrogen costs to fall with renewable energy tariff reductions by 2030: Report

New Delhi : Green hydrogen costs to fall with renewable energy tariff reductions by 2030: Report. : Economic Times

Government allows UAE’s Adnoc to export oil from Indian strategic storage

New Delhi : Government allows UAE’s Adnoc to export oil from Indian strategic storage. : Economic Times

Final sanctioned tanker with Russian Sokol oil to reach China port, data shows

New Delhi : Final sanctioned tanker with Russian Sokol oil to reach China port, data shows. : Economic Times

Preparations for Modi regime 3.0: To fire up PNG adoption, govt may hand out free connections

New Delhi : The petroleum and natural gas ministry is drawing up plans to offer free piped natural gas (PNG) connections and consumption subsidies to poor households to help its wider adoption on the lines of the Ujjwala scheme, which popularised liquefied petroleum gas (LPG) among the poor, said people familiar with the matter. : Economic Times

Petrol, Diesel Fresh Prices Announced On March 26: Know Fuel Rates In Your City

New Delhi : Petrol and Diesel Prices Today On March 26, 2024: Government oil companies have released the latest petrol and diesel rates for today i.e. 26 March. Today, petrol and diesel prices are stable in many states of the country. At the same time, petrol and diesel prices have increased in many states, while petrol and diesel have also become cheaper in many states. : news18.com

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