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MEDIA UPDATE (April 02, 2024)

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02-Apr-2024

Power

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” New Delhi : REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has been bestowed with the SKOCH ESG Award 2024 in the ‘Renewable Energy Financing’ category. The award recognizes REC’s commitment towards sustainable finance, driving progress towards a greener future. T.S.C. Bosh, Executive Director, REC Limited, received the award in New Delhi.” : Sarkaritel.com

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” New Delhi : K C Muraleedharan has taken charge as the Business Unit Head of NTPC Bongaigaon, effective from 1st April, 2024. With an illustrious career spanning over three decades, Muraleedharan brings with him a wealth of experience and expertise in the power sector.” : Sarkaritel.com

NTPC records 55% growth in Coal Despatch

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New Delhi : NTPC Ltd., India’s leading integrated power utility, has reported a substantial growth of 55% in coal despatch from its captive mines during FY24, as compared to the previous year.https://www.sarkaritel.com/k-c-muraleedharan-takes-charge-as-the-business-unit-head-ntpc-bongaigaon/ : Sarkaritel.com

REC wins SKOCH ESG Award 2024 in Renewable Energy Financing Category

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New Delhi : REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power and a leading NBFC, has been bestowed with the SKOCH ESG Award 2024 in the ‘Renewable Energy Financing’ category. : mathrubhumi.com

REC Wins SKOCH ESG Award 2024 In Renewable Energy Financing Category

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New Delhi : REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has been bestowed with the SKOCH ESG Award 2024 in the ‘Renewable Energy Financing’ category. The award recognizes REC’s commitment towards sustainable finance, driving progress towards a greener future. Shri T.S.C. Bosh, Executive Director, REC Limited, received the award in New Delhi. : indiaeducationdiary.in

REC wins the SKOCH ESG Award

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New Delhi : REC Limited, a Maharatna CPSE under the Ministry of Power and a prominent NBFC, has received the SKOCH ESG Award 2024 in the ‘Renewable Energy Financing’ Category. : https://www.smartgovernance.in/

AMPIN Energy Transition secures EUR 25 million from Austrian bank

New Delhi : OeEB, the Development Bank of Austria, has committed EUR 25 million in long-term financing to support AMPIN Energy Transition in further expanding its renewable energy portfolio and establishing a local 1 GW solar cell and module production facility in the state of Odisha. : pv-magazine.com

Tata Power arm switches on 200 MW solar project in Rajasthan

New Delhi : TP Saurya Ltd, an arm of Tata Power Renewable Energy Ltd, has switched on a 200 MW solar project in the Bikaner district of Rajasthan. It commissioned the plant for Tata Power Trading Co. Ltd. : pv-magazine.com

NTPC launches 500 MW solar tender

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New Delhi : NTPC Renewable Energy Ltd has tendered the balance-of-system package (excluding land and transmission system) of a 500 MW solar PV project at Bhadla, Rajasthan, connected to the state transmission system. : pv-magazine.com

NTPC logs highest-ever power generation of 422 bn units in FY24

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New Delhi : NTPC logs highest-ever power generation of 422 bn units in FY24. : Economic Times

NTPC adds 3,924 MW new capacity in overall portfolio in FY24

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New Delhi : NTPC adds 3,924 MW new capacity in overall portfolio in FY24. : Economic Times

EDF plans partial sale of India clean energy assets

New Delhi : EDF plans partial sale of India clean energy assets. : Economic Times

Power ministry initiates joint R&D in energy domain with focus on sustainable development goals

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New Delhi : Power ministry initiates joint R&D in energy domain with focus on sustainable development goals. : Economic Times

Coal India likely to report output of 773.7 MT in FY’24

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New Delhi : Coal India likely to report output of 773.7 MT in FY’24. : Economic Times

Waaree Energies secures 220 MW solar module supply order from Sprng Energy

New Delhi : Waaree Energies secures 220 MW solar module supply order from Sprng Energy. : Economic Times

TP Saurya commissions 200-MW solar project in Rajasthan

New Delhi : TP Saurya commissions 200-MW solar project in Rajasthan. : Economic Times

Power plants end 2023-24 with 50.7 million tonnes of coal stock

New Delhi : Thermal power plants started 2024-25 with 50.7 million tonnes of coal stock, about 37% higher year-on-year and around a quarter more than the government’s initial target to end 2023-24 with 40 million tonnes. : Economic Times

NTPC wins 3,445 MW renewable energy projects in total during FY24

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New Delhi : State-owned power giant NTPC on Monday said it has won 3,445 MW of renewable energy (RE) projects in the fiscal year ending March 31, 2024. : Business Standard

Tata Power Renewable Energy commissions 200 MW solar project in Rajasthan

New Delhi : Tata Power Renewable Energy Ltd on Monday said it has commissioned a 200 MW solar project in Bikaner, Rajasthan. : Business Standard

New head of NTPC Bongaigaon KC Muraleedharan assumes charge

New Delhi : Maharatna power company NTPC has appointed KC Muraleedharan as the business unit head of its Bongaigaon plant in Assam, the power-major said in a statement issued on Monday. : psuwatch.com

NTPC records 55% growth in Coal Despatch

New Delhi : NTPC Ltd., India’s leading integrated power utility, has reported a substantial growth of 55% in coal despatch from its captive mines during FY24, as compared to the previous year. : psuconnect.in

DVC achieves ground-breaking milestones in FY 2023-24

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New Delhi : DVC, a leading integrated power utility celebrates and announces another year of remarkable and outstanding performance in FY 2023-24. DVC has achieved highest cumulative generation in its 75 year history, by registering44314.6 MU in FY 23-24, which includes 44125.5 MU of thermal, 180 MU of hydel and 9.1 MU of solar generation. : Sarkaritel.com

REC wins SKOCH ESG Award in the Renewable Energy Financing category

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New Delhi : The AWARD was received by Shri T.S.C. Bosh, Executive Director, REC at New Delhi. : newsmantra.in

REC Wins SKOCH ESG Award 2024 In Renewable Energy Financing Category

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New Delhi : REC Limited, a Maharatna Central Public Sector Undertaking, under the Ministry of Power and a leading NBFC, has been bestowed with the SKOCH ESG Award 2024 in the ‘Renewable Energy Financing’ category. : indianpsu.com

India expected to install more than 20 GW of solar this year: JMK Research

New Delhi : A new report by JMK Research projects that India’s annual solar installations in 2024 will surpass 20 GW, with 15.9 GW of capacity likely to be added in the utility-scale segment and 4.2 GW in rooftop (onsite) PV. : pv-magazine.com

JinkoSolar breaks ground on 56 GW solar factory

New Delhi : JinkoSolar has started building a 56 GW vertically integrated module factory in Shanxi province of China. The project, situated in the Shanxi Comprehensive Reform Demonstration Zone. : pv-tech.org

Alpex Solar to set up panel factory in Mathura

New Delhi : Greater Noida-based Alpex Solar Ltd has been allotted 7 acres of land by the Uttar Pradesh State Industrial Development Authority (UPSIDA) at Kosi Kotwan on National Highway 19 in Mathura. : pv-magazine.com

IndiGrid energizes greenfield transmission project

New Delhi : IndiGrid, a power sector infrastructure investment trust (InvIT), today announced that it has operationalized its first greenfield project, Kallam Transmission Ltd (KTL). The project is located at Beed, Maharashtra, : pv-magazine.com

Engie plans Rs 7,000-crore investment in additional solar capacity addition by 2025

New Delhi : Engie plans Rs 7,000-crore investment in additional solar capacity addition by 2025. : Economic Times

India hydropower output records steepest fall in nearly four decades

New Delhi : India hydropower output records steepest fall in nearly four decades. : Economic Times

India’s coal and lignite production hits all-time high of over 1 billion tonnes in FY24: Coal Minister Pralhad Joshi

New Delhi : India’s coal and lignite production hits all-time high of over 1 billion tonnes in FY24: Coal Minister Pralhad Joshi. : Economic Times

India’s power consumption rises 1.4 pc to 129.89 billion units in March

New Delhi : India’s power consumption rises 1.4 pc to 129.89 billion units in March. : Economic Times

Rays Power Infra announces completion of its pre-IPO investment

New Delhi : Rays Power Infra announces completion of its pre-IPO investment. : Economic Times

Ambani-Adani collaboration: RIL picks 26% stake in Adani Power project

New Delhi : In the first collaboration between rival billionaires, Mukesh Ambani’s Reliance Industries has picked up a 26 per cent stake in a Madhya Pradesh power project of Gautam Adani, and signed a pact to use the plants’ 500 MW of electricity for captive use. : Business Standard

India’s hydropower output records steepest fall in nearly four decades

New Delhi : India’s hydroelectricity output fell at the steepest pace in at least 38 years during the year ended March 31, a Reuters analysis of government data showed, as erratic rainfall forced further dependence on coal-fired power amid higher demand. : Business Standard

REC WINS SKOCH ESG AWARD 2024 IN RENEWABLE ENERGY FINANCING CATEGORY

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New Delhi : REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has been bestowed with the SKOCH ESG Award 2024 in the ‘Renewable Energy Financing’ category. : globalgreenews.com

NTPC wins 3,445 MW renewable energy projects in FY24

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New Delhi : State-owned Maharatna power psu NTPC on Monday said it has won 3,445 MW of renewable energy (RE) projects in the fiscal year ending March 31, 2024. : psuwatch.com

DVC achieves ground-breaking milestones in FY 2023-24

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New Delhi : Damdor Valley Corporation, a leading integrated power utility celebrates and announces another year of remarkable and outstanding performance in FY 2023-24. : psuconnect.in

NTPC wins 3445 MW RE bids in FY24

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Mumbai : NTPC Ltd., India’s largest integrated power utility, has won 3445 MW RE tenders it participated in during the FY 2023-24. : psuconnect.in


Oil and Gas

ONGC FY’24 milestone; Record 541 wells drilled

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New Delhi : ONGC achieves milestone in FY’24 with a record 541 wells drilled – the highest in over three decades! : psuconnect.in

HPCL Board revised Management Team members

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New Delhi : The designated members are recently added to On-board members. Umesh Chandra Agrawal has been appointed as the Executive Director of Finance, Rajasthan Refinery Project, and holds a B.COM and MBA degree from Finance, ACS, FCA. : psuconnect.in

BPCL Board announces changes in Senior Management

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New Delhi : Firstly, Shri P. K. Bhowmick, Executive Director (E&AS, Projects & Proj. Procurement) MR has superannuated from the services of the Company on 31st March 2024. : psuconnect.in

Gas price for Reliance trimmed to $9.87; rate for gas that feeds CNG, PNG supplies still at $6.5

New Delhi : Gas price for Reliance trimmed to $9.87; rate for gas that feeds CNG, PNG supplies still at $6.5. : Economic Times

Adani Total Gas starts production at UP biogas plant

New Delhi : Adani Total Gas starts production at UP biogas plant. : Economic Times

Oil holds onto gains as investors bet on tighter supply

New Delhi : Oil holds onto gains as investors bet on tighter supply. : Economic Times

Canada ‘not interested’ in investing in LNG facilities, energy minister says

New Delhi : Canada ‘not interested’ in investing in LNG facilities, energy minister says. : Economic Times

Marginal cut in jet fuel price, commercial LPG rate reduced by Rs 30.5

New Delhi : Jet fuel or ATF price on Monday was cut by a marginal 0.5 per cent while rates of commercial LPG used by establishments such as hotels and restaurants were slashed by Rs 31 per cylinder in line with international prices. : Business Standard

OIL MARKETING COMPANIES REDUCED PRICES OF 19 KILOGRAM COMMERCIAL LPG CYLINDERS ACROSS COUNTRY

New Delhi : The Oil Marketing Companies have reduced the prices of 19 kilogram commercial LPG cylinders across the country. The revised reduction in prices ranges from 30 to 32 rupees in different cities. : globalgreenews.com

Petrol, Diesel Fresh Prices Announced On April 1: Know Fuel Rates In Your City

New Delhi : Petrol and Diesel Prices Today On March 29, 2024:Government oil companies have released the prices of petrol and diesel for today i.e. 1 April 2024. : news18.com

LPG Price Cut: Prices of 19-kg commercial, 5 kg FTL cylinders cut ahead of Lok Sabha elections; check new rates

New Delhi : LPG Price Cut: Prices of 19-kg commercial, 5 kg FTL cylinders cut ahead of Lok Sabha elections; check new rates. : Economic Times

Work on to convert sugarcane belts into energy belts: PM Modi in Meerut

New Delhi : Work on to convert sugarcane belts into energy belts: PM Modi in Meerut. : Economic Times

Marginal cut in ATF price, commercial LPG rate reduced by Rs 30.5

New Delhi : Marginal cut in ATF price, commercial LPG rate reduced by Rs 30.5. : Economic Times

Russian oil arrives in Cuba after year-long hiatus

New Delhi : Russian oil arrives in Cuba after year-long hiatus. : Economic Times

US oil suppliers muscling into OPEC+ markets all over the world

New Delhi : US oil suppliers muscling into OPEC+ markets all over the world. : Economic Times

ADNOC cuts Upper Zakum oil exports sharply after diverting supply to refinery

New Delhi : ADNOC cuts Upper Zakum oil exports sharply after diverting supply to refinery. : Economic Times

Oil prices surge to five-month high on positive economic news from US and China, brent crude at $87.73/bbl

New Delhi : Crude prices saw a modest 1% increase, reaching a five-month peak. This surge was fueled by anticipations of rising oil demand, prompted by upbeat economic updates from both the U.S. and China, on Monday. : Mint

Gadkari wants to eliminate petrol, diesel vehicles in India

New Delhi : Union Minister for Road Transport and Highways Nitin Gadkari has vowed to rid the country entirely of the over 360 million petrol and diesel vehicles. : cnbc.com

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