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MEDIA UPDATE (June 27, 2024)

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27-June-2024

Power

Rajendra Prasad Goyal, Director at NHPC Ltd, takes additional charge of CMD

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New Delhi : NHPC Ltd Board has informed that Rajendra Prasad Goyal, Director (Finance) has been entrusted with the additional charge of Chairman and Managing Director for three years. : psuconnect.in

BHEL sets up 5 MW AC solar plant at Nalanda University campus

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New Delhi : The new campus of Nalanda University in Bihar’s Rajgir is conceived as a ‘net zero’ campus. The campus is built near the ancient ruins of the original monastic and scholastic institution, and was recently inaugurated by Prime Minister Narendra Modi. : pv-magazine.com

NTPC board to consider raising up to Rs 12,000 cr via bonds on Saturday

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New Delhi : NTPC board to consider raising up to Rs 12,000 cr via bonds on Saturday. : Economic Times

GMDC, GUVNL collaborate to develop thermal, lignite-based power plants in Gujarat

New Delhi : GMDC, GUVNL collaborate to develop thermal, lignite-based power plants in Gujarat. : Economic Times

Juniper Green Energy signs 150 MW PPAs with SECI for wind-solar hybrid projects

New Delhi : Juniper Green Energy signs 150 MW PPAs with SECI for wind-solar hybrid projects. : Economic Times

India Energy Storage Week to propel ?2000 crore investment, new global partnerships

New Delhi : India Energy Storage Week to propel ?2000 crore investment, new global partnerships. : Economic Times

Renewables can cut 17 per cent of India’s heavy industry emissions by 2030: Ember

New Delhi : Renewables can cut 17 per cent of India’s heavy industry emissions by 2030: Ember. : Economic Times

Budget 2024: Hi-tech thermal plants may get Rs 6,000 cr viability support

New Delhi : The Union budget for 2024-25 is likely to announce a support scheme for setting up 800 MW coal-based power plants through the newest Advanced Ultra Supercritical (AUSC) technology. : Economic Times

India targets 70 per cent increase in nuclear power capacity by 2029, plans to add 7 new reactors

New Delhi : India targets 70 per cent increase in nuclear power capacity by 2029, plans to add 7 new reactors. : Economic Times

MEIL bags ?12,800 cr tender from NPCIL for construction of two electrical reactors

New Delhi : Hyderabad-based Megha Engineering & Infrastructure Ltd (MEIL) has bagged an engineering, procurement, and construction (EPC) contract by the state-run Nuclear Power Corp. of India Ltd (NPCIL) for construction of two 700 MW electrical reactors at Kaiga in Karnataka. : Mint

Inox Green Energy Services board approves fundraise worth Rs 1,050 crore

New Delhi : Inox Green Energy Services on Wednesday said its board of directors has approved a proposal to raise up to Rs 1,050 crore through issuance of equities and convertible warrants. : Business Standard

Power stations stocked with bumper coal supply as transport woes ease

New Delhi : Even as power demand has touched a historic high of 250 gigawatts (Gw) amid sweltering heat this June, India’s power stations are stocked with bumper supply of coal — 25 per cent higher than last year and a massive 71 per cent more than in 2022, when the sector faced a domestic coal shortage. : Business Standard

Megha Engineering bags nuclear power generation deal worth $1.53 bn

New Delhi : Indian multi-sector infrastructure firm Megha Engineering & Infrastructures (MEIL) won a contract worth 128 billion rupees ($1.53 billion) in a tender floated by the Nuclear Power Corporation of India (NPCIL). : Business Standard

Juniper Green Energy secures renewable PPAs in Gujarat, Rajasthan

New Delhi : Juniper Green Energy has announced the signing of a power purchase agreement (PPA) with the Solar Energy Corp. of India (SECI), under Hybrid Tranche VII, for the development of a 150 MW wind-solar hybrid power project in Gujarat and Rajasthan. : pv-magazine.com

JSW Energy secures PPAs for 1,025 MW of wind, 300 MW solar projects

New Delhi : JSW Neo Energy Ltd, an arm of JSW Energy, has signed power purchase agreements (PPAs) through its subsidiaries for wind and solar projects with a cumulative capacity of 1,325 MW. : pv-magazine.com

Ather Energy to invest over Rs 2,000 crore on 3rd plant in Maharashtra

New Delhi : Electric two-wheeler maker Ather Energy will set up its third manufacturing unit in Maharashtra entailing an investment of over Rs 2,000 crore, state Deputy Chief Minister Devendra Fadnavis said on Wednesday. : psuwatch.com

SEGL partners with AM Ammonia for major renewable energy projects

New Delhi : SJVN Green Energy Limited (SGEL), a subsidiary of SJVN Limited, has signed a memorandum of understanding (MoU) with AM Green Ammonia (India) Private Limited on Wednesday. : psuwatch.com

NHPC signs MoU with Build India Greater Foundation

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New Delhi : An MoU has been signed between NHPC & BIG Foundation under CSR at NHPC Corporate Office, Faridabad. Anurag Bharadwaj, GM (HR), CSR, NHPC & Dr. Arundev P.R., MD, BIG Foundation signed the MOU in the presence of Uday Shankar Sahi, Executive Director (CSR & SD), NHPC. : psuconnect.in

THDC Issues Tender for Land Acquisition to Develop 2 GW Solar Park

New Delhi : THDC Issues Tender for Land Acquisition to Develop 2 GW Solar Park. : saurenergy.com

GMDC, GUVNL Sign Energy Security Pact In Gujarat

New Delhi : GMDC, GUVNL Sign Energy Security Pact In Gujarat. : saurenergy.com

Avaada Group to launch green methanol projects in two states over next three years

New Delhi : Avaada Group to launch green methanol projects in two states over next three years. : Economic Times

Adani to invest Rs 2 lakh crore in renewable energy capacity addition by 2030

New Delhi : Adani to invest Rs 2 lakh crore in renewable energy capacity addition by 2030. : Economic Times

JSW Energy signs PPAs for 1,325 MW of renewable energy projects

New Delhi : JSW Energy signs PPAs for 1,325 MW of renewable energy projects. : Economic Times

Schneider Electric calls for government incentives to promote energy efficiency in India

New Delhi : Schneider Electric calls for government incentives to promote energy efficiency in India. : Economic Times

Hitachi Energy bags order worth Rs 790 cr

New Delhi : Hitachi Energy on Tuesday said it has bagged an order worth Rs 790 crore from a fellow subsidiary Hitachi Energy Australia Pty Ltd. The order is scheduled to be executed over a period of four years, a BSE filing said. : Economic Times

JSW Neo Energy signs PPAs for 1.3 GW renewable power

New Delhi : JSW Neo Energy Ltd, a subsidiary of JSW Energy Ltd, signed power purchase agreements (PPA) for 1,025 MW renewable power with Solar Energy Corp. of India Ltd (SECI) and 300 MW with Gujarat Urja Vikas Nigam Ltd (GUVNL). : Mint

India Energy Storage Week to witness Rs 2,000 cr investment announcements

New Delhi : Investment commitments of more than Rs 2,000 crore are expected to be announced in energy storage, electric vehicle and green hydrogen sectors at the India Energy Storage Week 2024 in July, the India Energy Storage Alliance (IESA) said on Wednesday. : Business Standard

JSW Energy inks power purchase agreements for 1,325 MW renewable projects

New Delhi : JSW Energy on Wednesday said that it has inked power purchase agreements through its subsidiaries for wind and solar projects with a cumulative capacity of 1,325 MW. : Business Standard

Waaree to set up 1.090 MWp floating solar plant for metal recycling company

New Delhi : Waaree Renewable Technologies has received a Letter of Award (LOA) for the execution of a floating solar power project of 1.090 MWp DC capacity on turnkey basis. : pv-magazine.com

GMDC And GUVNL Join Hands To Charge Gujarat’s Future : Partners In Energy Security For A Vibrant Gujarat

New Delhi : Gaining inspiration from the shared vision of Hon’ble Prime Minister of India, Shri Narendra Modi, for an inclusive growth, promoting investments and making India self-reliant in power sector, the Government of Gujarat has taken this initiative for energy security of the State. : indianpsu.com

SJVN will supply RE to Greenko’s green ammonia plants in Andhra Pradesh

New Delhi : State-owned SJVN Limited’s wholly-owned subsidiary SJVN Green Energy Limited (SGEL) has signed a Memorandum of Understanding (MoU) with AM Green Ammonia (India) Private Limited, a Greenko Group company, for the supply/sourcing of Renewable Energy (RE) on long-term basis for the latter’s Green Ammonia plants in Andhra Pradesh. : psuwatch.com

India Energy Storage Week to witness Rs 2000 crore investment announcements

New Delhi : Investment commitments of more than Rs 2,000 crore are expected to be announced in energy storage, electric vehicle and green hydrogen sectors at the India Energy Storage Week 2024 in July, the India Energy Storage Alliance (IESA) said on Wednesday. : psuwatch.com

JSW Energy inks power purchase agreements via its arms for 1,325 MW renewable projects

New Delhi : JSW Energy on Wednesday said that it has inked power purchase agreements through its subsidiaries for wind and solar projects with a cumulative capacity of 1,325 MW. : psuwatch.com

NTPC to Raise Funds through issue of Non-Convertible Debentures

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New Delhi : State-owned Public Sector company, NTPC limited to raise funds by issuing Non-Convertible Debentures and Bonds up to Rs 12,000 crore. : psuconnect.in

HPPCL Issues Tender For 12MW Solar Power Project In Una

New Delhi : HPPCL Issues Tender For 12MW Solar Power Project In Una. : saurenergy.com

Juniper, SECI Sign PPA For 150 MW Hybrid Project In Two States

New Delhi : Juniper, SECI Sign PPA For 150 MW Hybrid Project In Two States. : saurenergy.com

UP plans ?43000-crore overhaul of power network

Lucknow : The UP government is gearing up to invest over ?43,000 crore to expand and modernise the power network in the state with the objective of upgrading everything from meters to feeders and ensuring a state-of-the-art electricity infrastructure, a government spokesman said here on Wednesday. : Hindustan Times

MEIL wins Rs 12,800-cr order from NPCIL for two 700-MW electrical reactors

New Delhi : Hyderabad-based Megha Engineering and Infrastructure Ltd (MEIL) has bagged an engineering, procurement, and construction (EPC) contract from state-run Nuclear Power Corporation of India Ltd (NPCIL) for the construction of two 700 MW electrical reactors at Kaiga in Karnataka, said a statement on Wednesday. : psuwatch.com

SJVN inks an MOU with AM Ammonia to supply renewable energy

Shimla : SJVN through its wholly owned subsidiary SJVN Green Energy Limited (SGEL) signed a Memorandum of Understanding (MoU) with AM Green Ammonia (India) Private Limited in the August presence of Sh. Akhileshwar Singh, Director (Finance), SJVN at Delhi, today. : psuconnect.in


Oil and Gas

GAIL opens new round for solicitation of Proposals from Start-Ups; to be open till 18th July, 2024

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New Delhi : In a bid to support the Start-Ups operating in identified focus areas, GAIL (India) Limited, a Maharatna company and one of the leading investors among oil PSUs, plans to invest in such companies through its Start-Up initiative ‘Pankh’. : Sarkaritel.com

Time Technoplast zooms 5% on bagging additional order of Rs 55 cr from IOCL

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New Delhi : The uptick in share price came after Time Technoplast announced that it has secured an additional order for supply of Type-IV LPG composite cylinders from Indian Oil Corporation Limited (IOCL). : Business Standard

Aramco and Sempra Ink Agreement for LNG Phase 2

New Delhi : Saudi Arabian Oil Co. (Aramco) and Sempra have signed a non-binding Heads of Agreement (HOA) for a 20-year Sale and Purchase Agreement (SPA) for LNG offtake of 5.0 MTPA from Port Arthur LNG Phase 2. : devdiscourse

Russia’s No.4 oil refinery restarts key unit damaged by drone, sources say

New Delhi : Russian oil producer Lukoil has restarted a key piece of equipment for oil processing at its NORSI refinery, Russia’s fourth-largest, following a drone attack in March, two industry sources told Reuters on Wednesday. : Indian Express

Adani Total receives PNGRB nod to establish gas distribution network in Jalandhar

New Delhi : Adani Total Gas Ltd on Wednesday announced that it has received an approval from the regulator Petroleum and Natural Gas Regulatory Board (PNGRB) to operate a city gas distribution network in Jalandhar. : Financial Express

Petroleum use dips in India, but aviation and diesel fuel defy trend

New Delhi : Petroleum use dips in India, but aviation and diesel fuel defy trend. : Economic Times

Petroleum use dips in India, but aviation and diesel fuel defy trend

New Delhi : Petroleum use dips in India, but aviation and diesel fuel defy trend. : Economic Times

The Hydrogen Stream: Hygenco secures green ammonia offtake agreement with Ameropa

New Delhi : India’s Hygenco Green Energies has signed a term sheet with Switzerland’s Ameropa for the potential supply of green ammonia from its planned green ammonia plant in India. : pv-magazine.com

Tamil Nadu Chamber of Commerce and Industry for inclusion of petrol, diesel under GST regime

New Delhi : The Tamil Nadu Chamber of Commerce and Industry (TNCCI), Madurai, has sought the Centre to bring essential commodities like petrol and diesel under Goods and Services Tax (GST) regime. : dtnext.in

Petrol, Diesel Price Increases In Bhubaneswar On June 26

Bhubaneswar : The prices of petrol and diesel have increased in Odisha’s capital city Bhubaneswar in the last 24 hours. On June 26, 2024, petrol has been priced at Rs 101.34 per litre while diesel costs Rs 92.91 per litre. : kalingatv.com

Petrol, Diesel Price Today: Check Latest Fuel Prices In Your City On June 26

New Delhi : Petrol, and Diesel Prices On June 26, 2024: Oil marketing companies have announced updated petrol and diesel prices on Wednesday, June 26. : news18.com

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