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MEDIA UPDATE (June 21, 2024)

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21-June-2024

Power

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” New Delhi : POWERGRID’s Team Corporate Communications has been featured in India’s 30 Top Corporate Communications Teams for the fourth time by Reputation Today.” : Sarkaritel.com

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” Shimla : Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Thursday formally inaugurated the 32 MW Pekhubela solar power plant, developed by Himachal Pradesh Power Corporation Limited (HPPCL), at Pekhubela in Una district. The project spreads over 49 hectares and is completed at a cost of Rs 220 crore.” : Sarkaritel.com

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” New Delhi : On his appointment as Director on the Board of Bharat Heavy Electricals Limited (BHEL), Rajesh Kumar Dwivedi, 56, has assumed charge as Director (Finance) of the Maharatna Public Sector engineering and manufacturing enterprise.” : Sarkaritel.com

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” New Delhi : Scientists from Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR) Bengaluru, an autonomous institution under the Department of Science & Technology (DST), on Thursday provided groundbreaking insights into a new class of materials for energy harvesting and power generation.” : Sarkaritel.com

Rajesh Kumar Dwivedi takes charge as Director (Finance), BHEL

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New Delhi : Rajesh Kumar Dwivedi takes charge as Director (Finance), BHEL. : Economic Times

NTPC Unchahar Organizes Eye Check-Up Camp

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New Delhi : As part of its Corporate Social Responsibility (CSR) program, NTPC Unchahar, in collaboration with Jeevan Jyoti Hospital, organized a special eye check-up camp in Umran village. : indianpsu.com

Gensol Engineering bags another BESS project from GUVNL

New Delhi : Gensol Engineering bags another BESS project from GUVNL. : Economic Times

Cabinet approves 1 GW offshore wind energy projects in Gujarat, Tamil Nadu

New Delhi : Cabinet approves 1 GW offshore wind energy projects in Gujarat, Tamil Nadu. : Economic Times

ICRA projects stable thermal PLF and 6% power demand growth for FY2025

New Delhi : ICRA projects stable thermal PLF and 6% power demand growth for FY2025. : Economic Times

EESL joins hands with APEPDCL to promote energy efficiency, conservation

New Delhi : EESL joins hands with APEPDCL to promote energy efficiency, conservation. : Economic Times

Waaree Energies bags order to supply 280 MW solar modules to Mahindra Susten

New Delhi : Waaree Energies bags order to supply 280 MW solar modules to Mahindra Susten. : Economic Times

Thermal power plant load factor to remain healthy at 70% in FY25: ICRA

New Delhi : Thermal plant load factor or capacity utilisation is expected to remain healthy at 70 per cent in FY2025 on power demand growth of 6 per cent, ICRA said on Thursday. : Business Standard

AMPIN Energy Transition wins its third consecutive utility bid within a month

New Delhi : AMPIN Energy Transition (formerly Amp Energy India) has won a 246 MWp wind-solar hybrid project in an auction by Solar Energy Corp. of India (SECI). : pv-magazine.com

MAHAGENCO Issues Tender Seeking EPC Contractors For Solar Project

New Delhi : MAHAGENCO Issues Tender Seeking EPC Contractors For Solar Project. : saurenergy.com

Waaree, Adani Aim To Lead In Direct Sales Of PV Panels To Consumers

New Delhi : Waaree, Adani Aim To Lead In Direct Sales Of PV Panels To Consumers. : saurenergy.com

IOC, GPS Renewables form joint venture for sustainable energy solutions

New Delhi : IOC, GPS Renewables form joint venture for sustainable energy solutions. : Economic Times

Union Minister G Kishan Reddy to launch 10th round of commercial coal auctions on Friday

New Delhi : Union Minister G Kishan Reddy to launch 10th round of commercial coal auctions on Friday. : Economic Times

Energy Efficiency Services Limited appoints new CFO and Company Secretary

New Delhi : Energy Efficiency Services Limited appoints new CFO and Company Secretary. : Economic Times

Coal ministry aims for swift operationalization of blocks to cut imports

New Delhi : Coal ministry aims for swift operationalization of blocks to cut imports. : Economic Times

Masdar to acquire 67% stake in TERNA ENERGY, eyes full ownership in record €3.2 billion deal

New Delhi : Masdar to acquire 67% stake in TERNA ENERGY, eyes full ownership in record €3.2 billion deal. : Economic Times

Solar to generate 20 per cent of global electricity today on summer solstice midday peak

New Delhi : Solar to generate 20 per cent of global electricity today on summer solstice midday peak. : Economic Times

Landowners’ compensation doubled in power projects

New Delhi : The central government has issued guidelines, raising compensation given to landowners for ‘right of way’ (RoW) in power transmission projects and linking it to market rates against generally lower states’ circle rates. As per the norms, if circle rates are higher, they will prevail over market rates. : Economic Times

IGL to diversify into solar rooftop, battery recycling

New Delhi : City gas distribution major Indraprastha Gas (IGL) will expand operations in the rooftop solar segment and battery recycling among others, said two industry executives aware of the development. : Economic Times

Budget 2024: Renewable sector likely to get double-digit capex allocation

New Delhi : Ahead of the upcoming Union Budget 2024, reports suggest that the power and renewable sector can see a double digit allocation and a number of schemes dedicated to benefit the sector. : Business Standard

Another bidding extension for 25 MW AC solar plant with 20 MW/50 MWh battery storage in Leh

New Delhi : SECI had invited bids to install and commission a 25 MW AC (50 MWp DC) solar PV plant with 20 MW/50 MWh battery energy storage system at Taru in the Leh district of Ladakh, in April this year. : pv-magazine.com

Union Coal Minister To Launch 10th Round Of Commercial Coal Mines Auction For 60 Coal Blocks On June 21

New Delhi : In a significant move to enhance domestic coal production and ensure energy security for the nation, the Ministry of Coal is set to launch the next tranche of coal block auctions. Union Minister of Coal and Mines, Shri G. Kishan Reddy will launch the 10th round of Commercial Coal Mining auctions on 21st June, 2024 in Hyderabad. : indianpsu.com

EESL appoints Arvind Kumar Talan as CFO

New Delhi : State-owned Energy Efficiency Services Limited (EESL) on Thursday said it has appointed Arvind Kumar Talan as its new Chief Financial Officer (CFO) and Laxman Aggrawal as the Company Secretary (CS). : psuwatch.com

Cabinet Approves Viability Gap Funding For Offshore Wind

New Delhi : Cabinet Approves Viability Gap Funding For Offshore Wind. : saurenergy.com

MoP Releases Norms To Compensate For Damages Under Right Of Way

New Delhi : MoP Releases Norms To Compensate For Damages Under Right Of Way. : saurenergy.com

Thermal plant load factor to remain healthy at 70 pc in FY’25 on power demand growth of 6 pc: ICRA

New Delhi : Thermal plant load factor or capacity utilisation is expected to remain healthy at 70 per cent in FY2025 on power demand growth of 6 per cent, ICRA said on Thursday. : Economic Times

Adani Group to invest more than $100 billion in energy transition over the next decade

New Delhi : “In the days ahead, the availability of green electron will be the primary driver of a nation’s economic progress. And, in my opinion, the market size of green electron as of now has no limit,” said Gautam Adani, chairman of the Adani Group, in his keynote address at CRISIL Ratings Annual Infrastructure Summit 2024. : pv-magazine.com

Cabinet approves Viability Gap Funding scheme for implementation of Offshore Wind Energy Projects

New Delhi : The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, approved the Viability Gap Funding (VGF) scheme for offshore wind energy projects at a total outlay of Rs.7453 crore. : psuconnect.in


Oil and Gas

IGL to diversify into solar rooftop, battery recycling

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New Delhi : City gas distribution major Indraprastha Gas (IGL) will expand operations in the rooftop solar segment and battery recycling among others, said two industry executives aware of the development. : Economic Times

REnergy Dynamics partners with EUSUSO Denmark to establish advanced bio-gas plants in India

New Delhi : REnergy Dynamics partners with EUSUSO Denmark to establish advanced bio-gas plants in India. : Economic Times

Fossil fuel use, emissions hit records in 2023, report says

New Delhi : Fossil fuel use, emissions hit records in 2023, report says. : Economic Times

Oil companies flare more natural gas, defying effort to eliminate practice

New Delhi : Oil companies flare more natural gas, defying effort to eliminate practice. : Economic Times

Oil hits seven-week high on renewed US Fed rate cut hopes, Middle-East war jitters; Brent nears $86/bbl

New Delhi : Crude oil futures hit a seven-week high on Thursday, June 20, as fresh economic data on a cooling US jobs market added to expectations that the US Federal Reserve could still cut interest rates sooner this year. : Mint

Brent oil futures stable above $85 a barrel ahead of US inventory data

New Delhi : Brent oil futures were steady on Thursday, hovering slightly below seven-week highs as the market awaited US inventory data. : Business Standard

QatarEnergy, Exxon seek to remove contractor from Texas gas project

New Delhi : QatarEnergy, Exxon seek to remove contractor from Texas gas project. : Economic Times

Nigeria’s Aiteo halts up to 50,000 bpd oil output after leak

New Delhi : Nigeria’s Aiteo halts up to 50,000 bpd oil output after leak. : Economic Times

India fossil fuel consumption up 8% in 2023

New Delhi : Fossil fuel consumption in India rose 8 per cent in 2023, accounting for almost all demand growth, while its share of overall consumption stood at 89 per cent, according to a report. : Economic Times

New Petrobras chief sworn in amid market fears of increased govt control

New Delhi : The head of Brazil’s state-run oil giant Petrobras, Magda Chambriard, was sworn in Wednesday amid market concerns of increased government intervention in the company. : Business Standard

Driving towards green horizons, OMCs unite for hydrogen road map

New Delhi : In a bid to accelerate their energy transition plans and ensure the adoption of green hydrogen in a comprehensive manner, state-owned oil marketing companies (OMCs) are expected to soon submit a joint road map for the sector, officials said. : Business Standard

Petrol, Diesel Price Today: Check Latest Fuel Prices In Your City On June 20

New Delhi : Petrol, Diesel Prices On June 20, 2024: OMCs have released the latest petrol and diesel prices for June 20. Fuel prices in the country depend on the prices of crude oil internationally. Fluctuations in crude oil prices lead to changes in fuel prices in India. : news18.com

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