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MEDIA UPDATE (July 22, 2024)

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22-July-2024

Power

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” New Delhi : In a proactive step towards enhancing emergency response capabilities, NTPC Bongaigaon successfully conducted a Joint Mega Mock Drill on 20th July 2024. The extensive drill, supervised by G.M. Thangzom, Commandant, CISF, focused on earthquake, chlorine leakage, and flood scenario preparedness.” : Sarkaritel.com

NLC India to raise funds via IPO of arm for clean energy expansion: CMD

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New Delhi : Lignite-to-power producer NLC India Ltd (NLCIL) is planning to raise funds through an initial public offering (IPO) of its wholly owned subsidiary NLC India Renewables Ltd by the first quarter of the next financial year, company’s Chairman and Managing Director (CMD) Prasanna Kumar Motupalli said. : Business Standard

NHPC’s Director (Personnel) bags ET HR World Awards

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New Delhi : NHPC Limited’s Director (Personnel) Uttam Lal has been conferred with coveted ET HR World Future Skills L&D Leaders Gold Award 2024 in the individual awards category. : psuwatch.com

NTPC Bongaigaon Conducts Comprehensive Joint Mega Mock Drill for Emergency Preparedness

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New Delhi : In a proactive step towards enhancing emergency response capabilities, NTPC Bongaigaon successfully conducted a Joint Mega Mock Drill on 20th July 2024. : psuconnect.in

NHPC conferred with ET HR World Future Skills Gold Award 2024

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New Delhi : State-owned Hydropower giant NHPC has been conferred with the ET HR World Future Skills Gold Award 2024 for D&I Learning Initiatives acknowledging its stakeholder’s advent. : psuconnect.in

NTPC wins 3 awards at the Economic Times Future Skills Awards 2024

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New Delhi : NTPC Limited has been honoured with three prestigious awards at the Economic Times (ET HR World) Future Skills Awards 2024. These awards recognize outstanding innovation and achievement in workplace learning. : psuwatch.com

Haryana eases norms; consumers need not to share cost of electricity transformers

New Delhi : Haryana eases norms; consumers need not to share cost of electricity transformers. : Economic Times

How can the budget unlock India’s future as an offshore wind powerhouse

New Delhi : How can the budget unlock India’s future as an offshore wind powerhouse. : Economic Times

EESL to launch retail shops to distribute energy-efficient products: Exec

New Delhi : State-owned Energy Efficiency Services Ltd (EESL) will soon introduce retail franchisee shops called ‘Urja Dakshta Dukan’ which will offer affordable energy-efficient products like LED lights, ACs and fans to consumers, a senior official said. : Business Standard

NTPC VIDYUT VYAPAR NIGAM LTD, HARYANA GOVT SIGN MOU TO SET UP GREEN CHARCOAL PLANTS

New Delhi : A Memorandum of Understanding was signed between NTPC Vidyut Vyapar Nigam Limited and Gurugram and Faridabad Municipal Corporations to set up plants to produce green charcoal from waste in Faridabad and Gurugram. : globalgreenews.com

JSW Energy Reports 80% Rise In Net Profits In Q1

New Delhi : JSW Energy Reports 80% Rise In Net Profits In Q1. : saurenergy.com

Kistwar Town in Jammu & Kashmir to Become North India’s Power Hub: Union Minister Dr. Jitendra Singh

Jammu : Kistwar Town in Jammu & Kashmir to Become North India’s Power Hub: Union Minister Dr. Jitendra Singh. : nagalandpost.com

India’s renewable energy capacity surges to 195 GW, focus on green hydrogen

New Delhi : India’s renewable energy capacity surges to 195 GW, focus on green hydrogen. : Economic Times

India to be ‘engine of green energy growth’: MNRE Minister Pralhad Joshi

New Delhi : India to be ‘engine of green energy growth’: MNRE Minister Pralhad Joshi. : Economic Times

Power minister Manohar Lal reviews Himachal’s urban and power sector developments

New Delhi : Power minister Manohar Lal reviews Himachal’s urban and power sector developments. : Economic Times

NTPC Vidyut Vyapar Nigam Limited And Haryana Government Sign MoU To Set Up Green Coal Plants

New Delhi : Taking a major step towards waste management in Haryana, waste-to-charcoal plants, also known as green coal plants, will be established in the state with the support of the central government. This project will be the first of its kind green initiative and will be set up in Faridabad and Gurugram. : indianpsu.com

Grid India invites job applications for CMD post; apply before Aug 16

New Delhi : Grid India Recruitment 2024: The Grid Controller of India Limited (Grid-India) has invited job applications for the engagement of Chairman & Managing Director (CMD). Eligible and interested candidates can apply before August 16. : psuwatch.com

Samir Chandra Saxena assumes charge as Director (Market Operation) of Grid-India

New Delhi : Samir Chandra Saxena has assumed charge as Director (Market Operation) of Grid Controller of India Limited (Grid-India) on Saturday. Prior to his elevation, he was contributing as Executive Director at National Load Despatch Centre (NLDC) of Grid-India. : psuwatch.com

THDC India Limited Successfully organized LAHAR Conclave

New Delhi : THDC India Limited, a leading public sector enterprise in India’s energy sector, hosted the LAHAR Conclave (Large Hydro Active Reach Out) 2024 at its Corporate Office in Rishikesh. : psuconnect.in


Oil and Gas

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” New Delhi : IndianOil, the nation’s leading energy major, proudly announces the launch of STORM-X, a high-octane racing fuel tailored for racing cars, at the Madras International Circuit during the Indian National Car Racing Championship.” : Sarkaritel.com

ONGC Videsh expands global footprint with $60 mn investment in Azerbaijan

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New Delhi : ONGC Videsh expands global footprint with $60 mn investment in Azerbaijan. : Economic Times

India ONGC to pay Equinor $60 million for stake in Caspian Sea oil assets

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New Delhi : India ONGC to pay Equinor $60 million for stake in Caspian Sea oil assets. : Economic Times

Indian refiner BPCL sees further cuts in oil OSPs as fuel margins drop

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New Delhi : Bharat Petroleum Corp, India’s third-biggest refiner, expects Middle Eastern producers to cut the official selling prices (OSPs) of their crude in coming months to reflect lower margins on fuel sales, its head of finance said on Saturday. : Economic Times

Reliance net profit drops 5 pc in Q1 on weak O2C business

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New Delhi : Reliance net profit drops 5 pc in Q1 on weak O2C business. : Economic Times

India’s renewable energy capacity surges to 195 GW, focus on green hydrogen

New Delhi : India’s renewable energy capacity surges to 195 GW, focus on green hydrogen. : Economic Times

ONGC acquires Equinor stake in Azerbaijan oilfields for USD 60 mn

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New Delhi : ONGC Videsh Ltd, the overseas investment arm of state-owned Oil and Natural Gas Corporation (ONGC), has acquired Norwegian firm Equinor’s stake in an Azerbaijan oilfield and an associated pipeline for USD 60 million, the firm said in a statement. : Economic Times

Indian Oil Corporation targets USD 1 trillion revenue by 2047: Chairman

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New Delhi : Indian Oil Corporation, the nation’s largest oil firm, is targeting to become a USD 1 trillion company by 2047, combining growth in traditional oil refining and fuel marketing with clean energy avenues like green hydrogen and EV charging, its chairman said. : Economic Times

Automative Mission Plan: Focus on Global Competition with EVs, Flex Fuel

New Delhi : Automative Mission Plan: Focus on Global Competition with EVs, Flex Fuel. : Mint

Digital mirror gives ONGC view of safety, business

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New Delhi : ONGC, the state-owned oil and gas giant, has pivoted to artificial intelligence (AI) and emerging technologies in the last few years to ensure the safety of its assets and help business. : Business Standard

Saloma Yomdo assumes charge as Director (E&D) at Oil India

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New Delhi : Saloma Yomdo has assumed the position of Director (Exploration & Development) at Oil India Limited (OIL), the country’s oldest oil and gas company and the youngest Maharatna CPSE under the Ministry of Petroleum & Natural Gas (MoPNG). : psuwatch.com

Indian Oil launches STORM-X racing fuel at Madras International Circuit

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New Delhi : Indian Oil, the nation’s leading energy major, proudly announces the launch of STORM-X, a high-octane racing fuel tailored for racing cars, at the Madras International Circuit during the Indian National Car Racing Championship. : psuwatch.com

Indian Oil launches phase VIII of ‘Prison to Pride’ & Phase V of ‘Nayi Disha – Smile for Juvenile’

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New Delhi : In a continued endeavour to uplift the lives of prison inmates and juveniles, Indian Oil’s Chairman Shrikant Madhav Vaidya launched Phase VIII of Indian Oil’s ‘Parivartan – Prison to Pride’ and Phase V of ‘Nayi Disha – Smile for Juvenile’ on July 19. : psuwatch.com

Corn ethanol could pull in ?8 lakh crore investment, boosts farmer income: VP Dhankar

New Delhi : Corn ethanol could pull in ?8 lakh crore investment, boosts farmer income: VP Dhankar. : Economic Times

Indian Oil sets out its non-oil business plan

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New Delhi : Indian Oil Corp aims to boost natural gas sales threefold and renewable energy capacity to 31 GW by 2030, besides building 5 GWh of lithium-ion battery-making capacity by 2031 as it diversifies its energy offerings. : Economic Times

Oil prices rise as investors look for signs US rate cuts to begin

Tokyo, Japan : Oil prices rose in early trade on Monday as investors keep a lookout for signs of a rate-cut cycle expected to begin as soon as September. : Mint

Largest oil firm IOC targets $1 trillion revenue by 2047: Chairman Vaidya

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New Delhi : Indian Oil Corporation, the nation’s largest oil firm, is targeting to become a $ 1 trillion company by 2047, combining growth in traditional oil refining and fuel marketing with clean energy avenues like green hydrogen and EV charging, its chairman said. : Business Standard

New gas discovery in Assam’s Dirok Field boosts India’s energy security

New Delhi : Union Minister for Petroleum and Natural Gas Hardeep Singh Puri has said that Dirok Field at Margarita in Assam’s Tinsukia district has achieved a significant milestone in India’s journey towards energy independence. : nenow.in

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