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MEDIA UPDATE (April 05, 2024)

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05-Apr-2024

Power

NLCIL Thermal Units Bags All Top Three Positions in Performance

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New Delhi : NLCIL Thermal Units, NNTPS (2×500 MW), and TPS-1 Expansion (2×210 MW) in Neyveli, Tamilnadu and Barsingsar TPS (2xl25 MW) in Rajasthan secured all top 3 positions among all operating Lignite Power Stations in the country, as per the recently released Central Electricity Authority (CEA) report on Plant Load Factor (PLF). : psuconnect.in

DVC seeks single regulator for uniform tariff

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New Delhi : DVC seeks single regulator for uniform tariff. : Economic Times

Opinion: Bangladesh power system gets dirtier on rapid coal use growth

Dhaka, Bangladesh : Opinion: Bangladesh power system gets dirtier on rapid coal use growth. : Economic Times

Energy trade volume grows nearly 14 pc to hit all-time hight of 110 billion units in FY24: IEX

New Delhi : Energy trade volume grows nearly 14 pc to hit all-time hight of 110 billion units in FY24: IEX. : Economic Times

Govt pulls all stops to ensure uninterrupted power supply this summer: R K Singh

New Delhi : Govt pulls all stops to ensure uninterrupted power supply this summer: R K Singh. : Economic Times

Renewables growth still lags climate targets, think tank says

New Delhi : Renewables growth still lags climate targets, think tank says. : Economic Times

Schwing Stetter India sets up 1 MW solar power unit in TN

New Delhi : Schwing Stetter India sets up 1 MW solar power unit in TN. : Economic Times

Singapore plans to build a pool of nearly 100 nuclear energy experts

New Delhi : Singapore is planning to build a pool of approximately 100 nuclear energy experts in the medium to long run, though no decision has been made on the deployment of nuclear energy, and the city-state is unable to commit to a timeline for taking a position on it. : Business Standard

Uttar Pradesh govt buys 5,500 million power units to brace for deficit

Lucknow : With Uttar Pradesh’s peak energy demand likely to breach 31,000 Mw in 2024, the Uttar Pradesh Power Corporation Limited (UPPCL) has traded 5,500 million unit (Mu) power from 11 states though power banks. Around 4,000 Mu will be supplied during the high energy demand period (April-October). : Business Standard

Airtouch Solar secures $6 million cleaning robot contract with Adani Green Energy

New Delhi : Airtouch Solar, an Israeli specialist in autonomous robotic technologies for solar panel cleaning, has announced the signing of a contract worth around $6 million with Adani Green Energy Ltd (AGEL). : pv-magazine.com

Shirdi Sai Electricals targets 10 GW of ingot-to-solar module capacity by March 2026

New Delhi : Shirdi Sai Electricals aims to achieve 10 GW of ingot-to-solar module capacity, along with manufacturing of solar glass, by March 31, 2026. The company will invest INR 30,000 crore to build the production capacity, which it plans in a phased manner in Andhra Pradesh. : pv-magazine.com

Indian Energy Exchange shares financial of energy trades

New Delhi : Indian Energy Exchange, India’s premier electricity exchange, achieved 110 BU in FY’24, registering an increase of 13.8% on a YoY basis. Electricity volumes at 101.7BU increased 12% YoY. Additionally, 75.39 lac RECs (equivalent to 7,539 MU) were traded during FY’24. REC traded volume in FY’24 increased 26% year on year. : psuconnect.in

Alpex Solar gets Rs 12 cr contract under PM-KUSUM in Jharkhand

New Delhi : Alpex Solar gets Rs 12 cr contract under PM-KUSUM in Jharkhand. : Economic Times

Indosol Solar aims to complete Rs 15,000 crore ingot to module unit by 2025

New Delhi : Indosol Solar aims to complete Rs 15,000 crore ingot to module unit by 2025. : Economic Times

GE Power bags 2 orders worth Rs 775 crore from Jaiprakash Power Venture

New Delhi : GE Power bags 2 orders worth Rs 775 crore from Jaiprakash Power Venture. : Economic Times

Amid rising likelihood of a scorcher of a summer, govt powers up to help India fight extreme temperature

New Delhi : The government is going all out to make sure that power supply remains uninterrupted this summer, Power minister RK Singh said on April 1. : Economic Times

Indosol Solar aims to complete Rs 15,000 crore ingot to module unit by 2025

New Delhi : Indosol Solar aims to complete phase-1 of its multi-crore integrated solar module project in Andhra Pradesh by 2025, said Sharat Chandra, CEO of parent SSEL Group, on Thursday. : Business Standard

Govt pulls all stops to ensure smooth power supply this summer: R K Singh

New Delhi : The government has asked all power plants to operate at full capacity as it pulls all the stops to meet peak electricity demand in the searing summer season, Power Minister R K Singh said on Thursday. : Business Standard

New study finds potential for 3,200 GW of agrivoltaics in India

New Delhi : While traditional land-based solar PV plants have proven to be effective in generating electricity, there is a growing need to explore new and innovative solar applications that offer distinct advantages. : pv-magazine.com

SJVN bags 2 awards during 15th CIDC Vishwakarma Awards 2024

New Delhi : SJVN Limited on Thursday said that it has won two awards during the 15th CIDC Vishwakarma Awards 2024. The company has been conferred with ‘Achievement Award for Creating Social Development & Impact’ and ‘CIDC Partners in Progress Trophy.’ : psuwatch.com

SJVN honored with two Awards during 15th CIDC Vishwakarma Awards 2024

Shimla : SJVN has won two prestigious awards during 15th CIDC Vishwakarma Awards 2024. The company has been conferred with ‘Achievement Award for Creating Social Development & Impact’ and ‘CIDC Partners in Progress Trophy’. : psuconnect.in


Oil and Gas

GAIL commemorates 10th anniversary of its iconic office building ‘GAIL Jubilee Tower’

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New Delhi : GAIL today marks a significant milestone as it commemorates the 10th anniversary of its iconic office building, the GAIL Jubilee Tower, located in Noida. : psuconnect.in

Delhi High Court upholds Reliance’s inclusion in BPCL-HPCL pipeline case

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New Delhi : The Delhi High Court on Thursday upheld the Appellate Tribunal for Electricity’s (Aptel) order that allowed Reliance Industries to be made a party in a case related to designation of a pipeline, commissioned by oil companies BPCL and HPCL. : Economic Times

RIL, Tata Motors and IOC to be key bidders for pilot GH2 project

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New Delhi : RIL, Tata Motors and IOC to be key bidders for pilot GH2 project. : Economic Times

Eetretail sets out expansion plans and new leadership

New Delhi : EET Retail, the retail division of EET Fuels, is pleased to announce the appointment of Narayan Bhatra as Chief Executive Officer. : Sarkaritel.com

Exclusive-Russia’s Novatek may scale back Arctic LNG 2, focus on Murmansk, sources say

New Delhi : Exclusive-Russia’s Novatek may scale back Arctic LNG 2, focus on Murmansk, sources say. : Economic Times

India to build first commercial crude oil strategic storage

New Delhi : India to build first commercial crude oil strategic storage. : Economic Times

India’s Biogas Sector Gains Momentum: Driving Clean Energy Goals and Economic Growth

New Delhi : India’s Biogas Sector Gains Momentum: Driving Clean Energy Goals and Economic Growth. : Economic Times

No issue with oil payment from India: Russia

New Delhi : No issue with oil payment from India: Russia. : Economic Times

Shell seeks longer US license before sanctioning Venezuela gas project

New Delhi : Shell seeks longer US license before sanctioning Venezuela gas project. : Economic Times

India not asked to reduce its imports of Russian crude oil, says US

New Delhi : India has not been urged to reduce its imports of Russian crude oil, with senior officials from the US Department of the Treasury emphasising a desire to see Russia offer higher negotiated discounts to buyers, they said on Thursday. : Business Standard

Ships in Iran, Venezuela shadow trade supplied Russian oil to India

New Delhi : What’s common among Snow Lotus, Turaco, Eternal Peace, Thalia 111, and Limo? These are among the 90 or so oil tankers, which transported Russian oil to India in the past few years but were previously involved in the Iranian/Venezuelan shadow trade in sanctioned crude shipments. : Business Standard

US has not asked India to cut Russian oil purchases, American official says

New Delhi : US has not asked India to cut Russian oil purchases, American official says. : Economic Times

Crude oil’s climb towards $90 per barrel is a matter of anxiety for India, oil secretary Pankaj Jain says

New Delhi : Crude oil’s climb towards $90 per barrel is a matter of anxiety for India, oil secretary Pankaj Jain says. : Economic Times

US to tell event in India that price cap on Russian oil working

New Delhi : US to tell event in India that price cap on Russian oil working. : Economic Times

India offers $125-bn investment opportunity across green hydrogen value chain: Report

New Delhi : India offers $125-bn investment opportunity across green hydrogen value chain: Report. : Economic Times

Opinion: OPEC+ gets oil price to its sweet spot, the trick is keeping it there

New Delhi : Opinion: OPEC+ gets oil price to its sweet spot, the trick is keeping it there. : Economic Times

Senior US treasury officials to urge India to maintain implementation of Russian oil price cap

New Delhi : Senior US treasury officials to urge India to maintain implementation of Russian oil price cap. : Economic Times

OPEC+ ministers keep output policy steady as oil rallies

New Delhi : OPEC+ ministers keep output policy steady as oil rallies. : Economic Times

Crude oil on bouncy wicket: Govt says rising price a matter of anxiety

New Delhi : Crude oil’s climb towards $90 per barrel is a matter of anxiety for India, said Pankaj Jain, secretary, petroleum and natural gas ministry. “Whenever prices go up, it does cause anxiety and concern,” Jain said on Wednesday. : Economic Times

No proposal to resume sale of subsidised rice for ethanol production: Food Secretary

New Delhi : The Government has no proposal to resume sale of subsidised rice to grain-based distilleries for the production of ethanol, Food Secretary Sanjeev Chopra said on Thursday. : psuwatch.com

China becomes largest buyer of Russian seaborne crude as India goes slow

New Delhi : According to a report from energy cargo tracker Vortexa, China has overtaken India as the primary importer of Russian crude oil via sea routes. : Business Standard

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On April 4

New Delhi : Petrol and Diesel Prices Today On April 4, 2024:Government oil companies have released new prices of petrol and diesel for today i.e. 4 April 2024. Every day at 6 am, new oil rates are updated for all the cities of the country. : news18.com

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