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MEDIA UPDATE (May 13, 2024)

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13-May-2024

Power

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” Gurgoan, Haryana : Power Grid Corporation of India Limited (POWERGRID)a Maharatna CPSU under Ministry of Power, Govt. of India has been awarded Anti-Bribery Management System (ABMS) IS/ISO 37001 certification by Bureau of Indian Standards (BIS) in a program held on 8th May 2024 at POWERGRID Corporate Centre, Gurugram. ” : Sarkaritel.com

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” New Delhi : Indian Renewable Energy Development Agency Ltd. (IREDA) has incorporated a wholly owned subsidiary in the International Financial Services Centre (IFSC) located in GIFT City, Gujarat. Named “IREDA Global Green Energy Finance IFSC Limited,” the subsidiary was officially incorporated on 7th May, 2024. Earlier, on 8th February, 2024, the Reserve Bank of India gave its No Objection letter to set up the finance company in IFSC GIFT City.” : Sarkaritel.com

Measures in place to meet peak power demand in May, June: Govt

New Delhi : Measures in place to meet peak power demand in May, June: Govt. : Economic Times

Update on Power Situation in the Country: Summer Power Demand expected to be adequately met during both day and night

New Delhi : To meet the summer electricity demand during the months of April, May and June 2024, the Government of India had already put in place the following measures, as part of its advance planning. : Sarkaritel.com

SAIL-Bhilai to set up Chhattisgarh’s first 15-Mw floating solar plant

New Delhi : Bhilai Steel Plant (BSP), the Chhattisgarh-based arm of the state-run Steel Authority of India Limited (SAIL), will install the state’s first 15-megawatt (MW) floating solar project in its Maroda-1 reservoir to improve its carbon footprint. : Business Standard

India’s coal import surges 8% to 268 MT in FY24 due to rise in power demand

New Delhi : India’s coal import rose by 7.7 per cent to 268.24 million tonne (MT) in FY24 driven by softness in seaborne prices and likelihood of increase in power demand during summer. : Business Standard

Director (Personnel), THDCIL inaugurated the International Conference on Mathematics

New Delhi : Reinforcing THDC India Limited’s commitment as a leading Power Sector Enterprise dedicated to the holistic development of the Nation, Sh. R. K. Vishnoi, Chairman and Managing Director, THDC India Limited conveyed that apart from its vision to provide clean and affordable Power Supply 24 x 7, THDCIL remains steadfast in its support as an active player in the development of the Nation, with a special emphasis in the State of Uttarakhand. : psuconnect.in

Govt gears up for 240 GW power demand surge with strategic measures

New Delhi : Govt gears up for 240 GW power demand surge with strategic measures. : Economic Times

‘Measures in place’: Govt gears up to meet peak power demand in May, June

New Delhi : The government has taken adequate measures to meet the estimated 235 GW peak power demand in May and 240 GW in June, according to an official statement. : Business Standard

THDC inaugurates international conference on mathematics

New Delhi : THDC (India) Limited’s Director (Personnel) Shallinder Singh inaugurated a 3-day International Conference on Nonlinear Analysis and Applications (ICNAA 2024) & Symposium on ancient Indian Mathematics organised by the Department of Mathematics at Pandit Lalit Mohan Sharma Campus, Sri Dev Suman Uttarakhand University, Rishikesh on May 10. : psuwatch.com

Ajitkumar V Sontakke (IOFS) appointed as CVO of NPCIL

New Delhi : The Appointments Committee of the Cabinet (ACC) has approved the appointment of Ajitkumar Vasantrao Sontakke (IOFS) as Chief Vigilance Officer (CVO) of Nuclear Corporation of India Limited (NPCIL), under the Department of Atomic Energy, Govt of India, on Friday. : psuwatch.com


Oil and Gas

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” New Delhi : Amid the disruption of train services in a few northeastern states for the past 17 days due to landslides in the hill section of Assam leading to a shortage of transport fuel and essential items, two freight trains, carrying petrol and diesel, reached Tripura and Silchar (Assam) from Guwahati to provide relief to the people.” : Sarkaritel.com

BPCL to invest Rs 1.7 lakh cr in core, new energy business

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New Delhi : Bharat Petroleum Corporation Ltd (BPCL) plans to invest Rs 1.7 lakh crore over the next five years in its core oil refining, fuel marketing and petrochemical business as well as in clean energy such as hydrogen, its chairman G Krishnakumar said on Friday. : Economic Times

IOC, BPCL, HPCL post Rs 81,000 cr record profit in FY24

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New Delhi : IOC, BPCL, HPCL post Rs 81,000 cr record profit in FY24. : Economic Times

Govt hosts workshop on green hydrogen standards, launches dedicated portal

New Delhi : Govt hosts workshop on green hydrogen standards, launches dedicated portal. : Economic Times

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” New Delhi : The state-owned oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum have not only ensured fuel availability at affordable rates in 2023-24, with one of the lowest fuel price inflation globally in India, but they have also rewarded the shareholders’ trust by posting an outstanding annual performance, according to a note prepared by the Ministry of Petroleum and Natural Gas.” : Sarkaritel.com

OMCs report ?86,000 crore profit for FY24, over 25 times higher than previous year

New Delhi : OMCs report ?86,000 crore profit for FY24, over 25 times higher than previous year. : Economic Times

Two trains with petrol, diesel head to Tripura on Saturday amid fuel crisis

New Delhi : Two trains with petrol and diesel headed to Tripura on Saturday amid a fuel crisis due to disruption in railway freight services in Assam’s Dima Hasao, an official said. : Business Standard

Govt nominates 2 Govt Nominee Directors on OIL board

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New Delhi : Petroleum Ministry has nominated the names of Rohit Mathur and George Thomas as the Government Nomination Directors on the Board of Oil India Limited (OIL) on Saturday. This information has been shared by OIL in a regulatory filing to the stock exchanges on Saturday. : psuwatch.com

Sujata Sharma (IAS) appointed as Govt Nominee Director on Indian Oil board

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New Delhi : Petroleum Ministry has approved the appointment of Sujata Sharma (IAS) as Government Nominee Director on the Board of Indian Oil. She has been appointed to the post with effect from May 11. : psuwatch.com

Government organizes workshop on Quality Control in Green Hydrogen; deliberations held on Quality Standards, Testing Infrastructure and Ease of Doing Business

New Delhi : The government held a day-long workshop on “Quality Control in Green Hydrogen: Standards & Testing Infrastructure” at Sushma Swaraj Bhawan, New Delhi on May 8, 2024. : Sarkaritel.com

Tripura facing fuel crisis as goods train services not yet normalised

New Delhi : Tripura is facing a fuel crisis as goods train services to the northeastern state have not yet been restored, an official of the Food and Civil Supplies department said on Saturday. : Business Standard

MRPL gets new Executive Director

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New Delhi : Shri B Sudarshan has been appointed as the Executive Director (Refinery) of Mangalore Refinery and Petrochemicals Ltd (MRPL). He previously held the Group General Manager – Marketing Projects office and was head of MRPL’s Bangalore Office. : psuconnect.in

OMCs’ FY24 combined profit rose over 25-times year-on-year

New Delhi : The state-owned oil marketing companies (OMCs) have positive impact in financial year 2023-24. Even as they navigated rapidly evolving geo politics and wide fluctuations in crude prices, the OMCs not only ensured fuel availability at affordable rates, with one of the lowest fuel price inflation globally in India, but they have also rewarded the shareholders’ trust by posting commendable annual results. : psuconnect.in

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