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MEDIA UPDATE (July 10, 2024)

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10-July-2024

Power

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” New Delhi : The conference of Power Ministers’ of North Eastern Region (NER) States of Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura was held todayin Guwahati. Manohar Lal, Hon’ble Union Minister of Power and Housing & Urban Affairs chaired the conference. Hon’ble Power Ministers’ of the States, Additional Secretary (Power), Govt of India, along with senior officials from the States and CPSEs also attended the conference.” : Sarkaritel.com

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” New Delhi : The 5th day of the Neyveli Book Fair, 09.07.24, saw a sea of enthusiastic students from schools and institutions of Cuddalore district. NLCIL has made elaborate arrangements to receive the students and provide them with snacks and water bottles on arrival. The children enjoyed the Book Fair with delight.” : Sarkaritel.com

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” New Delhi : NTPC Bongaigaon’s Girl Empowerment Mission (GEM) initiative continues to inspire and educate, with a recent visit to the CISF Fire Wing offering the young participants a profound learning experience in fire safety, security measures, and the responsible handling of arms and ammunition.” : Sarkaritel.com

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” New Delhi : Pradeep Kumar Dwivedi, IAS, District Commissioner of Kokrajhar, engaged in an inspiring interaction with the 40 Girl Empowerment Mission (GEM) girls from NTPC Bongaigaon as part of the “Meet the Role Models” initiative.” : Sarkaritel.com

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” New Delhi : Paramvir Chakra awardee Subedar Major Sanjay Kumar delivered a very motivating and invigorating lecture at ‘Prerna – the NHPC lecture series’ on 9th July 2024 at NHPC Corporate Office, Faridabad. Uttam Lal, Director (Personnel), NHPC and Santosh Kumar, CVO NHPC were present on the occasion alongwith a large number of NHPC employees and their family members.” : Sarkaritel.com

‘Tech in power’: Arunachal to introduce self-meter reading via mobile app

New Delhi : ‘Tech in power’: Arunachal to introduce self-meter reading via mobile app. : Economic Times

India must resolve land, connectivity issues and focus on wind to meet 50 GW RE target: HFE Global CEO Srivatsan Iyer

New Delhi : India must resolve land, connectivity issues and focus on wind to meet 50 GW RE target: HFE Global CEO Srivatsan Iyer. : Economic Times

Torrent Power arm to set up solar projects to supply power to ARS Steels

New Delhi : Torrent Power arm to set up solar projects to supply power to ARS Steels. : Economic Times

Solar, wind capacity to zoom to 8 TW by 2033, energy storage to surge 600 per cent

New Delhi : Solar, wind capacity to zoom to 8 TW by 2033, energy storage to surge 600 per cent. : Economic Times

Inox Wind bags 200 MW order for wind turbine projects in Gujarat, Rajasthan

New Delhi : Inox Wind bags 200 MW order for wind turbine projects in Gujarat, Rajasthan. : Economic Times

Rays Power Infra to set-up wholly-owned subsidiary for gigawatt-scale solar, BESS mfg

New Delhi : Rays Power Infra to set-up wholly-owned subsidiary for gigawatt-scale solar, BESS mfg. : Economic Times

Exchange prices fall as power demand subdues with monsoon onset

New Delhi : Power prices in the day ahead market (DAM) have dropped with the onset of rain bringing down the electricity demand, especially in the northern region. The average DAM price between June 27, when rains hit major parts of the northern region, and July 7 on the IEX was Rs 4.3 a unit, down 22% from June 1-June 27. : Economic Times

India races to build power plants in region claimed by China, sources say

New Delhi : India plans to spend $1 billion to expedite the construction of 12 hydropower stations in the northeastern Himalayan state of Arunachal Pradesh, two government sources said, a move that could raise tensions with China that lays claims to the region. : Economic Times

Gautam Solar files design patent for PV panel packaging

New Delhi : Gautam Solar announced this week the filing of a patent design registration for its packaging pallet designed for safe storage and transportation of solar panels. : pv-magazine.com

Godrej & Boyce sets up 12.5 MWp rooftop solar plant for a textile customer

New Delhi : Godrej Electricals & Electronics, a business unit of Godrej & Boyce, has announced the commissioning of a 12.5 MWp rooftop solar project to power a textile facility in Madhya Pradesh. : pv-magazine.com

Panchayati Raj Ministry urges states to push implementation of rooftop solar scheme

New Delhi : The Centre has said it would incentivise Panchayati Raj Institutions to promote rooftop solar installations in the rural community under the PM-Surya Ghar: Muft Bijli Yojana as it urged the states to work for the successful implementation of the scheme. : psuwatch.com

District Commissioner Inspires NTPC Bongaigaon’s Girl Empowerment Mission

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New Delhi : Shri Pradeep Kumar Dwivedi, IAS, District Commissioner of Kokrajhar, engaged in an inspiring interaction with the 40 Girl Empowerment Mission (GEM) girls from NTPC Bongaigaon as part of the “Meet the Role Models” initiative. : psuconnect.in

India to claim 3 per cent of APAC offshore wind capacity by 2033 with new funding scheme

New Delhi : India to claim 3 per cent of APAC offshore wind capacity by 2033 with new funding scheme. : Economic Times

Union Power Minister reviews ongoing projects in Arunachal Pradesh

New Delhi : Union Power Minister reviews ongoing projects in Arunachal Pradesh. : Economic Times

Godrej Electricals commissions 12.5 MWp rooftop solar project in MP

New Delhi : Godrej Electricals commissions 12.5 MWp rooftop solar project in MP. : Economic Times

ALMM update: MNRE grants provisional approval to new players in List-I

New Delhi : ALMM update: MNRE grants provisional approval to new players in List-I. : Economic Times

Kalpataru Projects International board increases fund limit via NCDs to Rs 1,600 crore

New Delhi : Kalpataru Projects International board increases fund limit via NCDs to Rs 1,600 crore. : Economic Times

Diamond Power Infrastructure gets Rs 900 cr conductor supply order from Adani Energy Solutions

New Delhi : Diamond Power Infrastructure Ltd on Tuesday said it has received an order worth around Rs 900 crore from Adani Energy Solutions Ltd for the supply of conductors. The order has to be executed by April 2025, Diamond Power Infrastructure said in an exchange filing. : Economic Times

Rajasthan plans 30 Gw solar power by FY25-end; aims to become self-reliant

New Delhi : The Rajasthan government aims to produce 30 gigawatt (Gw) of solar power by the end of FY25 to become self-reliant in the power and energy sector, an official said. : Business Standard

India’s installed battery storage capacity reached 219.1 MWh as of March end: Mercom

New Delhi : India has installed a cumulative battery energy storage system (BESS) capacity of 219.1 MWh/111.7 MW as of March 2024. Of the installed capacity, 120 MWh/40 MW was added in the first quarter of 2024. : pv-magazine.com

Advait Infratech secures solar, green hydrogen projects worth INR 72.69 crore

New Delhi : Advait Infratech Ltd announced that its arm Advait Greenergy has received Letters of intent from KP Group of Companies for solar and green hydrogen projects aggregating to INR 72.69 crore (over $8.7 million). : pv-magazine.com

ANDHRA PRADESH: CM CHANDRABABU NAIDU RELEASES WHITE PAPER ON POWER SECTOR

New Delhi : Andhra Pradesh Chief Minister Nara Chandrababu Naidu released a white paper on power sector in a press conference at state secretariat in Amaravati on Tuesday. : globalgreenews.com

Haryana Govt approves compensation policy for landowners affected by transmission projects

New Delhi : The Haryana Government has approved a compensation policy for the landowners affected by power transmission projects. : psuwatch.com

GMDC inks power purchase pact with GUVNL

New Delhi : State-owned Gujarat Mineral Development Corporation (GMDC) on Tuesday said it has entered into a power purchase agreement with Gujarat Urja Vikas Nigam Ltd (GUVNL). : psuwatch.com

WAPCOS CMD discussed ongoing projects in Bhutan with Energy Minister H.E. Lyonpo Gem Tshering

New Delhi : Mr. R. K. Agrawal, Chairman and Managing Director, WAPCOS called on H.E. Lyonpo Gem Tshering, Hon’ble Minister of Energy and Natural Resources (MoENR), Royal Government of Bhutan and Dasho Chhewang Rinzin, Managing Director, Druk Green Power Corporation Limited, Bhutan in New Delhi. : psuconnect.in

NTPC Bongaigaon’s GEM Initiative Inspires Through Fire Safety and Security Demonstration

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New Delhi : NTPC Bongaigaon’s Girl Empowerment Mission (GEM) initiative continues to inspire and educate, with a recent visit to the CISF Fire Wing offering the young participants a profound learning experience in fire safety, security measures, and the responsible handling of arms and ammunition. : psuconnect.in

Arindam Sinha joins NTPC as RED(ER-II)

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New Delhi : Arindam Sinha is appointed Regional Executive Director, NTPC (Eastern Region -II ) Headquarters. Arindam Sinha was the Head of the project at NTPC Kahalgoan. : psuconnect.in


Oil and Gas

MoPNG issues clarification on Biometric Aadhaar Authentication of LPG Consumers

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New Delhi : Aadhaar based authentication for Direct Benefit Transfer (DBT) schemes enables accurate, real-time and cost-effective identification, authentication and de-duplication of beneficiaries for targeted delivery of benefits. : Sarkaritel.com

ONGC unveils Rs 2 trillion decarbonisation road map for net-zero 2038

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New Delhi : As part of its net-zero emissions road map, state-owned Oil and Natural Gas Corporation (ONGC) plans to offset 9 million tonnes (mt) of carbon dioxide (CO2) equivalent emissions (tCO2e) by 2038 at a total cost of Rs 2 trillion. : Business Standard

Bulgaria starts arbitration against Russia’s Gazprom over gas deal

New Delhi : Bulgaria starts arbitration against Russia’s Gazprom over gas deal. : Economic Times

ONGC to invest Rs 2 lakh cr to meet net zero emission target

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New Delhi : ONGC to invest Rs 2 lakh cr to meet net zero emission target. : Economic Times

Oil prices fall more than 1% after US crude hub escapes serious damage from Beryl

New Delhi : Oil prices eased more than 1% on Tuesday after traders learned that prolonged supply disruptions from Hurricane Beryl were unlikely after a U.S. oil-producing hub in Texas suffered less storm damage than feared. : Mint

Advait Infratech secures solar, green hydrogen projects worth INR 72.69 crore

New Delhi : Advait Infratech Ltd announced that its arm Advait Greenergy has received Letters of intent from KP Group of Companies for solar and green hydrogen projects aggregating to INR 72.69 crore (over $8.7 million). : pv-magazine.com

ONGC unveils decarbonisation roadmap to achieve net zero emissions by 2038

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New Delhi : Oil & Natural Gas Corporation (ONGC) has plans to invest around Rs 2 lakh crore on green energy projects, including renewable energy and green hydrogen, and towards cutting gas flaring to zero, a 200-page decarbonisation roadmap released by ONGC on Tuesday shows. : psuwatch.com

Petrol And Diesel Prices Increased For 3rd Consecutive Day; Check Updated Rates Here

Bhubaneswar : The prices of petrol and diesel have slightly increased in Odisha’s capital city Bhubaneswar in the last 24 hours. On July 9, 2024, petrol has been priced at Rs 101.50 per litre while diesel costs Rs 93.06 per litre. : kalingatv.com

ONGC to invest Rs 2 lakh cr to meet net zero carbon emission target

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New Delhi : State-owned Oil and Natural Gas Corporation (ONGC) will invest about Rs 2 lakh crore in setting up renewable energy sites and green hydrogen plants and cutting gas flaring to zero to achieve its 2038 net-zero carbon emission goal. : psuconnect.in

MGL hikes CNG, PNG prices in Mumbai due to rising gas costs

New Delhi : MGL hikes CNG, PNG prices in Mumbai due to rising gas costs. : Economic Times

BP shares dip after warning weak refining will hit Q2 profits

New Delhi : BP shares dip after warning weak refining will hit Q2 profits. : Economic Times

Petroleum products demand up 2.6% in June

New Delhi : Domestic demand for petroleum products rose 2.6% year-on-year in June, helped by growth in petrol and jet fuel. Petrol sales grew 4.6% on-year in June while diesel sales expanded only 1%, according to the oil ministry data. Diesel accounts for 40% of the sales volume of petroleum products in the country. Petrol makes up 17% while LPG accounts for 12%. : Economic Times

India-Russia to push long-term arrangement for crude supplies at annual summit

New Delhi : New Delhi and Moscow during PM Narendra Modi’s visit (July 8-9) will push for a long-term arrangement for crude supplies from Russia to India in the backdrop of rising Russian oil exports. : Economic Times

Crude Oil prices may decline further, test $80-mark; China demand a concern

New Delhi : Crude oil prices moderated on Monday to settle a percent lower at $82.33, after gaining 2.1 per cent in the previous week. A stronger dollar on Monday was bearish for crude prices. : Business Standard

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