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MEDIA UPDATE (June 15, 2024)

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15-June-2024

Power

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” New Delhi : Chenab Valley Power Project Private Limited (CVPPPL), a Joint Venture of NHPC LTD (51%) and JKSPDC (49%) has signed an Agreement with Power Finance Corporation Limited, (PFC) a Maharatna Central Public Sector Enterprise and leading NBFC under the Ministry of Power, for Term Loan of ?1869.265 Crore (Rupees One Thousand Eight Hundred Sixty Nine Crore Twenty Six Lakh Fifty Thousand only).” : Sarkaritel.com

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” New Delhi : An Memorandum of Understanding (MoU) was signed between DVC and M/s. NLC India Ltd. on 14.06.2024 for procurement of 2.0 MTPA of domestic coal by DVC from M/s. NLCIL (Talabira II &III OCP) . DVC inked another MoU on the same day with M/s. RITES Ltd. for maintenance and up-keepmentof railway infrastructure in DVC Thermal Power Stations.” : Sarkaritel.com

BHEL bags two back-to-back orders for Supercritical Thermal Power Plants

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New Delhi : Bharat Heavy Electricals Limited (BHEL) has secured two orders for supercritical thermal power plants. The orders are cumulatively valued at over Rs.7,000 Crore. : Sarkaritel.com

PFC Signs Agreement with CVPPPL for Rs 1,870 Cr Loan Agreement

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New Delhi : State-owned PFC on Friday said it has signed an agreement with the Chenab Valley Power Project Private Limited (CVPPPL) to extend a term loan of Rs 1,869.265 crore. : latestly.com

PFC, Chenab Valley Power Project Sign Rs 1,869.27 Crore Term Loan Agreement

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New Delhi : Power Finance Corp. on Friday announced that it has entered into an agreement with Chenab Valley Power Project Pvt. to provide a term loan of Rs 1,869.27 crore. : NDTV Profit

Adani Group awards Rs 7,000 crore orders to BHEL for two power plants

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New Delhi : Adani Group awards Rs 7,000 crore orders to BHEL for two power plants. : Economic Times

Experts at ETEnergyworld Net Zero Forum call for increased green technologies to achieve India’s Net Zero goals

New Delhi : Experts at ETEnergyworld Net Zero Forum call for increased green technologies to achieve India’s Net Zero goals. : Economic Times

State-owned PFC signs agreement with CVPPPL for Rs 1,870 crore term loan

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New Delhi : State-owned PFC on Friday said it has signed an agreement with the Chenab Valley Power Project Private Limited (CVPPPL) to extend a term loan of Rs 1,869.265 crore. : Business Standard

Emmvee secures 795.4 MWp TOPCon DCR module supply order for NTPC Khavda project

New Delhi : Emmvee Group announced this week that it has secured a 795.4 MWp TOPCon module supply order from NTPC Renewable Energy Ltd. : pv-magazine.com

BHEL Shares surged by 1.8% on Securing Rs 7,000 Crore Orders from Adani Power

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New Delhi : On Friday, State-owned BHEL said it secured orders for two power plants worth Rs 7,000 crore from Adani Power, after which the PSU shares rallied up to 1.8% on exchange. : psuconnect.in

16 Solar Panels Of Goldi Solar Get Global Certification

New Delhi : 16 Solar Panels Of Goldi Solar Get Global Certification. : saurenergy.com

NTPC May Take Up Its Renewable Portfolio To 30 GW Soon

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New Delhi : NTPC May Take Up Its Renewable Portfolio To 30 GW Soon. : saurenergy.com

PFC Signs Agreement with CVPPPL for ?1869.265 Crore Term Loan

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New Delhi : Chenab Valley Power Project Private Limited (CVPPPL), a Joint Venture of NHPC LTD (51%) and JKSPDC (49%) has signed an Agreement with Power Finance Corporation Limited, (PFC) for Term Loan of ?1869.265 Crore (Rupees One Thousand Eight Hundred Sixty Nine Crore Twenty Six Lakh Fifty Thousand only). : newsmantra.in

PFC signs agreement with CVPPPL for Rs 1,870 cr loan agreement

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New Delhi : State-owned PFC on Friday said it has signed an agreement with the Chenab Valley Power Project Private Limited (CVPPPL) to extend a term loan of Rs 1,869.265 crore. : Moneycontrol.com

DVC inks MoU with NLCIL and RITES Ltd

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New Delhi : A Memorandum of Understanding (MoU) was signed between DVC and M/s. NLC India Ltd. on 14.06.2024 for procurement of 2.0 MTPA of domestic coal by DVC from M/s. NLCIL (Talabira II &III OCP). : psuconnect.in

BHEL bags 2 back-to-back orders for supercritical thermal power plants

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New Delhi : Bharat Heavy Electricals Limited (BHEL) on Friday said that it has secured two orders for supercritical thermal power plants. The orders are cumulatively valued at over Rs 7,000 crore. : psuwatch.com

India to invest over $360 billion in renewable energy and infrastructure by 2030: Moody’s

New Delhi : India to invest over $360 billion in renewable energy and infrastructure by 2030: Moody’s. : Economic Times

G Kishan Reddy takes charge of coal, mines ministries; says India should increase Coal Output

New Delhi : G Kishan Reddy takes charge of coal, mines ministries; says India should increase Coal Output. : Economic Times

Japan could be energy-independent by 2060 thanks to renewables, Rystad Energy CEO says

Tokyo, Japan : Japan could be energy-independent by 2060 thanks to renewables, Rystad Energy CEO says. : Economic Times

Electricity in Punjab to cost more as PSERC hikes power tariff by 10-15 paise per unit

Chandigarh : Electricity in Punjab to cost more as PSERC hikes power tariff by 10-15 paise per unit. : Economic Times

Govt asks builders to provide rain harvesting, solar in housing societies

New Delhi : Asserting the need to decentralise the water and energy production system, Housing and Urban Affairs Additional Secretary D Thara on Friday asked real estate developers to change the way they build housing projects and make them self-sustainable. : Business Standard

NTPC launches 250 MW/500 MWh standalone battery storage tender

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New Delhi : NTPC Ltd has invited bids to develop 250 MW/500 MWh of grid-connected standalone battery energy storage system (BESS) at its Gadarwara and Solapur sites. : pv-magazine.com

PFC and CVPPPL finalize Rs 1869 crore term loan agreement

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New Delhi : Chenab Valley Power Project Private Limited (CVPPPL) has secured a substantial term loan agreement with Power Finance Corporation Limited (PFC). The agreement, valued at Rs 1869.265 crore, completes the financial closure for the Kiru Hydro Electric Project (HEP), totaling Rs 3738.53 crore. : psuwatch.com

PFC Signs Agreement with CVPPPL for Rs 1869 Cr Term Loan

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New Delhi : Chenab Valley Power Project Private Limited (CVPPPL), a Joint Venture of NHPC LTD (51%) and JKSPDC (49%) has signed an Agreement with Power Finance Corporation Limited. : psuconnect.in

SJVN Shifts Focus On Developing More Solar & Wind Power

New Delhi : SJVN Shifts Focus On Developing More Solar & Wind Power. : saurenergy.com

Haryana Issues Tender For Solar Pumps Under PM-KUSUM

New Delhi : Haryana Issues Tender For Solar Pumps Under PM-KUSUM. : saurenergy.com

Govt to launch 10th round of commercial coal block auction next week

New Delhi : Union Minister of Coal and Mines G. Kishan Reddy will launch the 10th round of commercial coal block auctions next week, an official said on Friday. During the 10th round of auction, about 62 blocks are likely to be offered without end-user restrictions. : Sarkaritel.com

RITES, DVC sign MoU

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New Delhi : RITES Ltd, a transport infrastructure consultancy firm under the railway ministry, has signed an MoU with the Damodar Valley Corporation (DVC), under the power ministry, to collaborate for maintenance and operational management of various railway facilities. : theprint.in


Oil and Gas

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” New Delhi : Oil India Limited (OIL), India’s oldest oil & gas company and the youngest Maharatna CPSE of the Government of India, announced the commencement of its Environmental, Social, and Governance (ESG) strategy initiatives.” : Sarkaritel.com

L&T bags ‘large’ offshore order from ONGC

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New Delhi : L&T bags ‘large’ offshore order from ONGC. : Economic Times

OIL announces commencement of comprehensive ESG strategy initiatives

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New Delhi : Oil India Limited (OIL) announced the commencement of its Environmental, Social, and Governance (ESG) strategy initiatives. The program was held on Friday, in Noida, in collaboration with a global management consulting firms. : psuwatch.com

Govt headhunter finds no one suitable for HPCL top job

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New Delhi : The Public Enterprises Selection Board (PESB) has rejected all candidates it interviewed for the top job at state refiner Hindustan Petroleum Corp Ltd (HPCL), the third instance of turning down all applicants for CEO’s role at state oil firm after Oil and Natural Gas Corp (ONGC) and Indian Oil in the past three years. : Economic Times

OIL Unveils Comprehensive ESG Strategy Targets Net Zero Emissions by 2040

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New Delhi : OIL Unveils Comprehensive ESG Strategy Targets Net Zero Emissions by 2040. : newsip.in

TN govt to operate LNG, CNG buses on experimental basis for select routes

New Delhi : TN govt to operate LNG, CNG buses on experimental basis for select routes. : Economic Times

Huge fire at Iraq oil refinery injures 14

New Delhi : Huge fire at Iraq oil refinery injures 14. : Economic Times

Temasek to finalise deal with Shell for Pavilion Energy LNG asset sale, sources say

New Delhi : Temasek to finalise deal with Shell for Pavilion Energy LNG asset sale, sources say. : Economic Times

Haldia Petrochemicals Limited announces 10-year naphtha supply agreement with QatarEnergy

New Delhi : Haldia Petrochemicals Limited (HPL) on Thursday announced an agreement with QatarEnergy to secure long-term naphtha supply. : Economic Times

G7 commits to reduce 75% of methane emissions from fossil fuels by 2030

New Delhi : Leaders of the Group of Seven developed democracies will commit to accelerating their transition away from fossil fuels during this decade, according to a draft of a statement to be issued at the end of their summit in Italy. : Business Standard

Russia boosts crude oil revenues as shipping, trading network grows

New Delhi : Russian oil exporters are charging more for their oil in major market India than at any time since the war in Ukraine started as a growing number of shippers and intermediaries take part in the trade, weakening the impact of Western sanctions on Moscow. : Business Standard

Petrol, Diesel Price Today: Check Latest Fuel Prices In Your City On June 14

New Delhi : Petrol, Diesel Prices On June 14, 2024: OMCs have released the latest petrol and diesel prices for June 14. Fuel prices in the country depend on the prices of crude oil internationally. : news18.com

Petrol, Diesel Prices Hike For The Second Consecutive Day In Bhubaneswar On June 14

Bhubaneswar : The prices of petrol and diesel witnessed minor hike for the second consecutive day in Bhubaneswar on June 14, 2024. On Friday, the price of petrol has been recorded at Rs 101.05 per litre, while diesel cost is recorded at Rs 92.67 per litre. : kalingatv.com

MECON invites bids for hydrogen injection projects in sponge iron plants, blast furnaces

New Delhi : MECON invites bids for hydrogen injection projects in sponge iron plants, blast furnaces. : Economic Times

OPEC sees no peak oil demand long term, secretary general says

New Delhi : OPEC sees no peak oil demand long term, secretary general says. : Economic Times

India cuts windfall tax on petroleum crude

New Delhi : The Indian government has cut the windfall tax on petroleum crude to 3,250 Indian rupees ($38.90) per metric ton from 5,200 rupees, effective June 15, according to a notification issued on Friday. : Economic Times

Petrobras’s Boss Taps Fernando Melgarejo as New CFO

New Delhi : The new leader of Brazil’s state-controlled oil company has tapped Fernando Melgarejo to become its chief financial officer, marking her first key appointment since taking the reins at Petrobras last month. : Mint

Oil prices set for best week in over 2 months on positive demand outlook

New Delhi : Oil prices eased on Friday as markets evaluated the impact of US interest rates staying higher for longer than anticipated, but crude benchmarks headed for their best week in more than two months after solid projections for crude and fuel demand. : Business Standard

Petrol and diesel prices remain stable for 90 days in Chennai

Chennai : In Chennai, the price of petrol and diesel has remained unchanged for the past 89 days. : dtnext.in

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