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MEDIA UPDATE (April 20, 2024)

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20-Apr-2024

Power

NTPC Green Energy inks pact with Indus Towers to develop renewable energy projects

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New Delhi : NTPC Green Energy inks pact with Indus Towers to develop renewable energy projects. : Economic Times

POWERGRID To Evacuate 18 GW Power From Gujarat, Rajasthan Plants

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New Delhi : POWERGRID To Evacuate 18 GW Power From Gujarat, Rajasthan Plants. : saurenergy.com

NTPC Green inks pact with Indus Towers to develop renewable energy projects

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New Delhi : State-owned power giant NTPC arm NTPC Green Energy Ltd (NGEL) on Friday said it has signed an initial pact with Indus Towers Ltd to address the need for pacing green energy objectives and the GoI’s efforts towards carbon neutral economy. : Business Standard

IREDA opens new office in Gift City, to help fund renewable energy projects in foreign currencies

New Delhi : IREDA opens new office in Gift City, to help fund renewable energy projects in foreign currencies. : Economic Times

Fitch Ratings affirms Clean Renewable Power’s USD 363 mn notes ‘BB-‘ rating with stable outlook

New Delhi : Fitch Ratings affirms Clean Renewable Power’s USD 363 mn notes ‘BB-‘ rating with stable outlook. : Economic Times

Avaada Group completes ?4,471 crore refinancing for renewable projects in Rajasthan

New Delhi : Avaada Group completes ?4,471 crore refinancing for renewable projects in Rajasthan. : Economic Times

Power Mech Projects bags orders worth Rs 232 cr

New Delhi : Power Mech Projects bags orders worth Rs 232 cr. : Economic Times

Surana Solar Q4 FY24 results : loss at ?0.15Cr, Revenue decreased by 49.59% YoY

New Delhi : Surana Solar Q4 FY24 results : loss at ?0.15Cr, Revenue decreased by 49.59% YoY. : Mint

Uttar Pradesh govt looks to utilise water bodies for floating solar farms

Lucknow : The Uttar Pradesh (UP) government is looking to utilise water bodies for floating solar farms and generate almost 11,000 megawatt (Mw) of green energy. : Business Standard

Amara Raja Infra bags 500 MW solar project from Greenko in Andhra Pradesh

New Delhi : Amara Raja Infra Pvt Ltd on Friday said it has secured a 700 MWp solar project from Greenko in Andhra Pradesh. With the latest win, the order book of Amara Raja Infra Private Limited (ARIPL) stands at Rs 1,516 crore at the end of FY24, the company said in a statement. : Business Standard

IREDA Q4 results: Net profit grows 33% to Rs 337 crore on higher income

New Delhi : State-owned IREDA on Friday posted a 33 per cent rise in its net profit to Rs 337.37 crore for the quarter ended March 2024, aided by higher income. : Business Standard

Amara Raja Infra secures 700 MWp solar project from Greenko

New Delhi : Amara Raja Infra Pvt Ltd (ARIPL), part of the $1.75 billion Amara Raja Group, has secured a solar balance-of-system (BoS) project of 500 MW/700 MWp from Greenko. : pv-magazine.com

Inox Wind Gets Repeat Order for 210 MW WTGs From Hero Future Energies

New Delhi : Inox Wind Gets Repeat Order for 210 MW WTGs From Hero Future Energies. : saurenergy.com

Higher interest rates pose risk to renewable sector, hurting energy transition, say analysts

New Delhi : Higher interest rates pose risk to renewable sector, hurting energy transition, say analysts. : Economic Times

20 energy firms create alliance for EV charging via UPI-like system in India

New Delhi : 20 energy firms create alliance for EV charging via UPI-like system in India. : Economic Times

Inox Wind bags repeat order for 210 MW wind project from Hero Future Energies

New Delhi : Inox Wind bags repeat order for 210 MW wind project from Hero Future Energies. : Economic Times

ReNew Energy, JERA sign agreement to explore green ammonia project, eyeing 100,000 tonne annual output by 2030

New Delhi : ReNew Energy, JERA sign agreement to explore green ammonia project, eyeing 100,000 tonne annual output by 2030. : Economic Times

Centre invites suggestions on PM-Surya Ghar solar project guidelines

New Delhi : Centre invites suggestions on PM-Surya Ghar solar project guidelines. : Economic Times

Investment and policy reform key to renewable energy goals

New Delhi : Investment and policy reform key to renewable energy goals. : Economic Times

Inox Wind bags repeat order for 210 MW project from Hero Future Energies

New Delhi : Wind energy solutions provider Inox Wind on Friday said it has secured a repeat order for 210 MW for its 3 MW wind turbine generators from Hero Future Energies (HFE). : Business Standard

Massive fire breaks out at NTPC’s superthermal power plant in Jharkhand

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New Delhi : A massive fire broke out at NTPC’s North Karanpura superthermal power plant in Jharkhand’s Chatra district on Friday, officials said. : Business Standard

Indus Towers partners NTPC to develop renewable energy projects for business operations

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New Delhi : Telecom infrastructure company Indus Towers Limited (ITL) has signed a memorandum of understanding (MoU) with NTPC Green Energy Ltd (NGEL) for the joint development of renewable energy projects to power its business operations spread across the country. : pv-magazine.com

FIRE AT NTPC’S NORTH KARANPURA PLANT IN JHARKHAND BROUGHT UNDER CONTROL

New Delhi : A sudden fire broke out today in the late afternoon at National Thermal Power Corporation (NTPC) North Karanpura located in Tandwa area of Chatra district of Jharkhand. : globalgreenews.com

NTPC Green Energy inks pact with Indus Towers to develop renewable energy projects

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New Delhi : State-owned power giant NTPC arm NTPC Green Energy Limited (NGEL) on Friday said it has signed an initial pact with Indus Towers Ltd to address the need for pacing green energy objectives and the GoI’s efforts towards carbon neutral economy. : psuwatch.com

SJVN Green Energy forms JV with Assam Power Distribution Company

New Delhi : State-owned power producer SJVN Limited on Friday said its wholly-owned arm SJVN Green Energy has incorporated a joint venture company with Assam Power Distribution Company to generate electricity from renewable sources. : psuwatch.com

NTPC Green Energy Limited Inks MoU with Indus Towers Limited

New Delhi : NTPC Green Energy Limited Inks MoU with Indus Towers Limited. : saurenergy.com

Avaada Energy Secures Rs 4,471 Cr Refinancing For Rajasthan Solar Projects

New Delhi : Avaada Energy Secures Rs 4,471 Cr Refinancing For Rajasthan Solar Projects. : saurenergy.com

IREDA reports all-time high annual net profit of Rs 1,252 crore

New Delhi : Indian Renewable Energy Development Agency Limited (IREDA) has announced its unprecedented audited financial results for the fiscal year 2023-24. : psuwatch.com


Oil and Gas

Hindustan Petroleum to set up a global oil trading desk

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New Delhi : State-run Hindustan Petroleum Corp. Ltd (HPCL) plans to set up an international oil trading desk, a company official said. : Economic Times

India highlights need for stable oil prices in talks with OPEC

New Delhi : Petroleum Minister Hardeep Singh Puri emphasised the importance of market stability and affordability in the oil market during a telephonic conversation with OPEC Secretary General Haitham Al-Ghais on Friday. : Sarkaritel.com

Govt outlay of Rs 200 cr for green hydrogen hubs insufficient: Experts

New Delhi : Govt outlay of Rs 200 cr for green hydrogen hubs insufficient: Experts. : Economic Times

India’s crude oil import bill drops 16% but import dependency hits new high

New Delhi : India’s crude oil import bill drops 16% but import dependency hits new high. : Economic Times

What the fresh march higher in oil means for world markets

London : Oil prices are up around 16% so far this year near $90 a barrel, with supply worries high given escalating Middle East tensions and tit-for-tat attacks on energy infrastructure between Ukraine and Russia. : Economic Times

Oil Ekes Out Gain After Iran’s Muted Response to Israel Strike

New Delhi : Oil eked out a meager gain after Iranian media appeared to downplay the effect of Israeli strikes, lowering the geopolitical risk premium for crude. : Mint

HARDEEP S PURI TALKS TO OPEC SECRETARY GENERAL ABOUT RECENT TRENDS AND VOLATILITY IN GLOBAL OIL MARKETS

New Delhi : In a telephonic conversation with OPEC Secretary General, H.E. Mr.Haitham Al-Ghais, Minister of Petroleum and Natural Gas, Shri Hardeep Singh Puri emphasized the importance of balancing market stability, affordability, with pragmatism. : globalgreenews.com

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On April 19

New Delhi : Petrol and Diesel Prices On April 19, 2024: Internationally, crude price is trading at $ 89.57 per barrel. However, the fall in crude oil prices in India has had a minor impact on petrol and diesel prices. : news18.com

Petroleum Minister Hardeep S Puri talks to OPEC Secretary General about recent trends and volatility in global oil markets

New Delhi : In a telephonic conversation with OPEC Secretary General, Haitham Al-Ghais, Minister of Petroleum and Natural Gas, Hardeep Singh Puri emphasized the importance of balancing market stability, affordability, with pragmatism. Puri had an extended telephone conversation lasting 30 minutes with OPEC Secretary General today i.e. on 19 April, 2024. : Sarkaritel.com

Exceeding target: Oil PSUs made a capex of ?1.28 lakh cr in FY24

New Delhi : Exceeding target: Oil PSUs made a capex of ?1.28 lakh cr in FY24. : Economic Times

Oil Min Hardeep Singh Puri discusses ‘volatility in global market’ with OPEC chief

New Delhi : Amid the ongoing tensions in Middle East, Union Minister Hardeep Singh Puri on Friday spoke with the secretary general of Organisation of the Petroleum Exporting Countries (OPEC) about the latest developments and volatility in the global oil market, as well as how they affect the stability of the energy supply worldwide. : Economic Times

Petroleum minister discusses ongoing market volatility with Opec secretary-general

New Delhi : Hardeep Singh Puri, India’s Union minister for petroleum and natural gas, on Friday discussed with Haitham Al-Ghais, the secretary-general of the Organization of the Petroleum Exporting Countries (Opec), the ongoing volatility in the energy market due to the Iran-Israel conflict. : Mint

Biden administration restricts oil and gas leasing in 13 million acres of Alaska’s petroleum reserve

New Delhi : The Biden administration said Friday it will restrict new oil and gas leasing on 13 million acres (5.3 million hectares) of a federal petroleum reserve in Alaska to help protect wildlife such as caribou and polar bears as the Arctic continues to warm. : Mint

Russia squeezes Mideast, OPEC shares in India’s oil mkt to historic lows

New Delhi : Russia became the top oil supplier to India during the fiscal year 2023/24 for a second year in a row, squeezing the market share of Middle Eastern and OPEC producers to historic lows, ship tracking data from industry sources showed. : Business Standard

Govt discusses crude oil market volatility with OPEC secretary general

New Delhi : India, the world’s third biggest oil importer and consumer, discussed recent trends and volatility in the global oil market and their impact on global energy stability with OPEC secretary general on Friday, a government statement said. : Business Standard

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