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MEDIA UPDATE (July 05, 2024)

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05-July-2024

Power

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” New Delhi : Damodar Valley Corporation (DVC) has entered into Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) to supply 600 MW from its upcoming Raghunathpur Phase II project in West Bengal. This agreement was signed at GUVNL’s Corporate Office at Vadodara on 4th July 2024.” : Sarkaritel.com

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” New Delhi : NTPC Bongaigaon proudly launched the theme song “Aajir Jiyori” (meaning Today’s Girl in Assamese and Aaj Ki Betiyan in Hindi) by Hurricane Girls, the first all-female band from Northeast India, to highlight the achievements of the Girl Empowerment Mission (GEM) by NTPC during its inaugural ceremony.” : Sarkaritel.com

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” New Delhi : NTPC Bongaigaon marked a significant milestone with the inauguration of the Girl Empowerment Mission (GEM), an initiative aimed at fostering the growth and development of young girls in the region.” : Sarkaritel.com

DVC signs 600-MW PPA with GUVNL to meet Gujarat’s power demand

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New Delhi : Damodar Valley Corporation (DVC) has signed an agreement with Gujarat Urja Vikas Nigam Ltd (GUVNL) to supply 600 MW of power from its upcoming Raghunathpur Phase II plant in West Bengal, an official said on Thursday. : psuwatch.com

Empowering Futures: NTPC Bongaigaon Launches Girl Empowerment Mission

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Bongaigaon : NTPC Bongaigaon marked a significant milestone with the inauguration of the Girl Empowerment Mission (GEM), an initiative aimed at fostering the growth and development of young girls in the region. : psuconnect.in

NTPC Bongaigaon Launches Theme Song ‘Aajir Jiyori’ by Hurricane Girls to Celebrate Girl Empowerment Mission

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New Delhi : NTPC Bongaigaon proudly launched the theme song “Aajir Jiyori” (meaning Today’s Girl in Assamese and Aaj Ki Betiyan in Hindi) by Hurricane Girls, the first all-female band from Northeast India, to highlight the achievements of the Girl Empowerment Mission (GEM) by NTPC during its inaugural ceremony. : psuconnect.in

India’s solar output grows at slowest pace in six years in first half of 2024

New Delhi : India’s solar output grows at slowest pace in six years in first half of 2024. : Economic Times

Centre gives in-principle nod to setting up coal-based thermal power plant in Uttarakhand

New Delhi : Centre gives in-principle nod to setting up coal-based thermal power plant in Uttarakhand. : Economic Times

NDMC approves proposal for procurement of 200 MW solar power

New Delhi : NDMC approves proposal for procurement of 200 MW solar power. : Economic Times

India asks utilities to order $33 billion in equipment this year to boost coal power output, sources say

New Delhi : India asks utilities to order $33 billion in equipment this year to boost coal power output, sources say. : Economic Times

Uttarakhand gets additional 100 mw power supply from central pool

Dehradun : Uttarakhand gets additional 100 mw power supply from central pool. : Economic Times

Northern Coalfields signs pact with UPRVUNL to install additional 250 mw solar power capacity in UP

New Delhi : Northern Coalfields signs pact with UPRVUNL to install additional 250 mw solar power capacity in UP. : Economic Times

Budget 2024: What are power sector’s expectations from FM Nirmala Sitharaman?

New Delhi : Budget 2024: With anticipated economic growth and energy transition, India’s power sector is at the forefront of the government’s focus. : Economic Times

French senate calls for change to nuclear power price regulation

New Delhi : France’s senate on Thursday recommended setting up a new contract scheme between nuclear operator EDF and the state to allow the generator to fix revenue at a pre-agreed level, saying the previous deal protects neither the company nor consumers. : Business Standard

Inox Wind to become a debt-free company after promoter infuses Rs 900 cr

New Delhi : Inox Wind Ltd on Thursday said its promoter Inox Wind Energy (IWEL) has infused Rs 900 crore into the company, following which the wind energy solutions provider will become a net debt-free company. : Business Standard

Oriana Power secures 25 MWp agrivoltaic project under group net metering in Delhi

New Delhi : Oriana Power announced today it has secured the order to set up a 25 MWp agrivoltaic plant for offtake by a real estate developer under Group Net Metering (GNM) Policy in Delhi. : pv-magazine.com

ICRA upgrades Tata Power to AA+ with Stable outlook

New Delhi : The Tata Power Co. Ltd said today ratings agency ICRA has upgraded the long-term rating on its bank and debt facilities from ‘AA/Positive’ to ‘AA+/Stable’. : pv-magazine.com

ADB, ENGIE SA partner to build 400 MW solar power plant in Gujarat

New Delhi : Asian Development Bank (ADB) on Thursday said it has arranged Rs 1,460 crore loan for ENGIE group for constructing a 400-megawatt solar photovoltaic power plant in Surendranagar, Gujarat. : psuwatch.com

India asks utilities to order $33 billion in equipment this year to boost coal power output, sources say

New Delhi : India asks utilities to order $33 billion in equipment this year to boost coal power output, sources say. : Economic Times

Inox Wind to become debt-free company post Rs 900-cr promoter infusion

New Delhi : Inox Wind to become debt-free company post Rs 900-cr promoter infusion. : Economic Times

Waaree Energies appoints Sanjeev Pushkarna as CPO

New Delhi : Waaree Energies appoints Sanjeev Pushkarna as CPO. : Economic Times

India’s solar output grows at slowest pace in six years in first half of 2024

New Delhi : India’s solar output grows at slowest pace in six years in first half of 2024. : Economic Times

DVC signs 600-MW PPA with GUVNL to meet Gujarat’s power demand

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New Delhi : DVC signs 600-MW PPA with GUVNL to meet Gujarat’s power demand. : Economic Times

SECI plans 500 MW solar thermal capacity tender by FY25-end: CMD

New Delhi : SECI plans 500 MW solar thermal capacity tender by FY25-end: CMD. : Economic Times

India’s solar output grows at slowest pace in 6 yrs in first half of 2024

New Delhi : India’s solar power generation grew at the slowest pace in six years in the first half of 2024, an analysis of data from the federal grid regulator showed, as the country further stepped up reliance on coal to address surging power demand. : Business Standard

India’s solar output grows at slowest pace in 6 yrs in first half of 2024

New Delhi : India’s solar power generation grew at the slowest pace in six years in the first half of 2024, an analysis of data from the federal grid regulator showed, as the country further stepped up reliance on coal to address surging power demand. : Business Standard

Jakson Green secures 390 MWp solar EPC project in Rajasthan

New Delhi : Jakson Green has secured the engineering, procurement, and construction (EPC) work of a 390 MWp solar project from Eden Renewables India, a joint venture of EDFR (EDF Renewables) and TotalEnergies. : pv-magazine.com

In-Principle Approval Given By Government Of India For Supply Of Coal To Uttarakhand

New Delhi : On the request of Uttarakhand Chief Minister Pushkar Singh Dhami, the Ministry of Power, Government of India has given in-principle consent to the joint venture of UJVN Limited and THDC India Limited for setting up a coal-based thermal power plant. : indianpsu.com

Centre gives in-principle nod to setting up coal-based thermal power plant in Uttarakhand

New Delhi : The Central Government has given in-principle consent to TUECO, a joint venture of UJVN Limited and THDC India Limited, to set up a coal-based thermal power plant in Uttarakhand, according to an official statement. : psuwatch.com


Oil and Gas

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” New Delhi : New Delhi, Mangalore: MRPL has been conducting a cleanliness campaign from July 1 to 15, including a health security initiative. As part of this, MRPL distributed kits containing daily necessities and nutritious food to patients in Moodbidri taluk suffering from Endosulfan affected maladies.” : Sarkaritel.com

IOCL, HPCL, BPCL in talks with Petrobras for long-term oil deals

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New Delhi : IOCL, HPCL, BPCL in talks with Petrobras for long-term oil deals. : Mint

Centre announces Rs 200 crore scheme for green hydrogen testing infra

New Delhi : The government on Thursday announced a Rs 200 crore scheme for funding testing facilities, infrastructure, and institutional support for the development of standards and regulatory frameworks under the National Green Hydrogen Mission. : Sarkaritel.com

IAC calls for Auto LPG inclusion in National Fuel Policy to enhance clean energy use

New Delhi : IAC calls for Auto LPG inclusion in National Fuel Policy to enhance clean energy use. : Economic Times

Bharat Coal Gasification & Chemicals holds pre-bid meeting for coal gasification proj

New Delhi : Bharat Coal Gasification & Chemicals holds pre-bid meeting for coal gasification proj. : Economic Times

PESO to formulate safety norms to allow petrol pumps within 30-50 mtrs of habitation: Piyush Goyal

New Delhi : Commerce and industry minister Piyush Goyal has directed PESO to formulate template of safety measures to allow petrol pumps to operate in areas with habitation within 30-50 metres. Petroleum and Explosives Safety Organisation (PESO), a subordinate office under DPIIT, plays a pivotal role in administering regulatory frameworks established under the Explosives Act, 1884 and Petroleum Act, 1934. : Economic Times

Brent crude trades above $87, sets highest levels since April

New Delhi : Oil prices for Brent crude hit their highest level since April on Thursday, holding above $87 after data the previous day showed a decline in U.S. inventories. : Mint

PESO to draft safety norms for petrol pumps near habitation, says Goyal

New Delhi : Commerce and industry minister Piyush Goyal has directed PESO to formulate template of safety measures to allow petrol pumps to operate in areas with habitation within 30-50 metres. : Business Standard

Prices for Brent crude above $87, sets highest levels since April

New Delhi : Oil prices for Brent crude hit their highest level since April on Thursday, holding above $87 after data the previous day showed a decline in US inventories. : Business Standard

China asks state firms to add 60 mn barrels of oil to reserves: Report

Beijling : China has asked its state oil companies to add 8 million metric tons, or nearly 60 million barrels, of crude oil to the country’s emergency stockpiles to boost supply security, according to analytics firm Vortexa and trading sources. : Economic Times

MNRE issues guidelines for funding testing facilities, infrastructure

New Delhi : MNRE issues guidelines for funding testing facilities, infrastructure. : Economic Times

Govt’s focus on non-polluting energy sources to boost private, public transport: Gadkari

New Delhi : Govt’s focus on non-polluting energy sources to boost private, public transport: Gadkari. : Economic Times

Aramco, ADNOC reportedly weighing bids for Australia’s Santos, but analysts sceptical

New Delhi : Aramco, ADNOC reportedly weighing bids for Australia’s Santos, but analysts sceptical. : Economic Times

Need to unbundle natural gas marketing and transportation, says Indian Gas Exchange CEO

New Delhi : India needs an independent system operator to ensure fair access to full capacity of natural gas pipelines for all market players, says Indian Gas Exchange (IGX) CEO Rajesh Kumar Mediratta. : Economic Times

Bajaj Auto set to launch world’s first CNG bike ‘Freedom 125’ on Friday

New Delhi : Two-wheeler major Bajaj Auto is all set to launch the world’s first CNG bike on Friday, with Union Minister of Road Transport and Highways Nitin Gadkari expected to attend the event in Pune. : Business Standard

Crude Oil prices may retreat; test support at $82-80 per barrel

New Delhi : Oil prices moved higher on Wednesday as WTI settled up 1.3 per cent at $83.88 along with US gasoline prices driven by the favourable EIA weekly report showing large draws in commercial stocks and gasoline demand rose to 7.5 month high, also supported by weakening dollar index, which fell to three weeks low on disappointing US economic data released on Wednesday. : Business Standard

LNG imports set to slump as monsoon hits power demand: S&P analyst

New Delhi : India’s booming liquefied natural gas imports are likely to slow as cooler weather due to monsoon rains crimps electricity demand and increases in hydropower crowd out expensive gas-fired generators. : Business Standard

The Hydrogen Stream: India issues guidelines for funding of testing facilities under the National Green Hydrogen Mission

New Delhi : The Government of India has come out with guidelines for funding of testing facilities, infrastructure, and institutional support for development of standards and regulatory framework under the National Green Hydrogen Mission. : pv-magazine.com

MNRE releases guidelines for funding testing, certification facilities for Green Hydrogen

New Delhi : The Ministry of New and Renewable Energy (MNRE) has come out with guidelines for funding of testing facilities, infrastructure, and for institutional support for the development of standards and regulatory framework for the Green Hydrogen value chain. : psuwatch.com

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