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MEDIA UPDATE (SEPTEMBER 03, 2024)

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03-Sep-2024

Power

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” New Delhi : NLC India Limited (NLCIL) has been awarded the prestigious “Top Rankers Excellence Award for the Best CSR Practices at the 24th National Management Summit held at Le Meridian, New Delhi, on August 30, 2024.” : Sarkaritel.com

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” New Delhi : NTPC Bongaigaon has been conferred with the esteemed CSR Health Impact Award 2024 under the category of Child Health System Strengthening Project (Rural) for its dedicated efforts in Tuensang District, Nagaland.” : Sarkaritel.com

NHPC, SJVNL conferred Navratna status, granted greater autonomy

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New Delhi : NHPC, SJVNL conferred Navratna status, granted greater autonomy. : Economic Times

NTPC Kaniha dedicates community hall at Hariharpur under CSR initiative

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New Delhi : In a significant step towards enhancing community infrastructure, NTPC Kaniha constructed and handed over a newly built community centre at Hariharpur village, located in the Kaniha Block of Angul District, Odisha. : psuwatch.com

DERC Proposes Rs 150cr Limit For New Intra State Power Projects

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New Delhi : DERC Proposes Rs 150cr Limit For New Intra State Power Projects. : saurenergy.com

Coal India launches 300 MW solar EPC tender

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New Delhi : Coal India Ltd (CIL), a state-owned coal mining company, has invited bids to install and commission a 300 MW (AC) ground-mounted solar PV project on a turnkey basis at Khavda Solar Park in the Indian state of Gujarat. : pv-magazine.com

Epic Energy inks pact with Niva Ecotech to set up 25 MW solar park

New Delhi : Epic Energy inks pact with Niva Ecotech to set up 25 MW solar park. : Economic Times

Energy reimagined: Understanding the past and the future of energy transition

New Delhi : Energy reimagined: Understanding the past and the future of energy transition. : Economic Times

South Africa eager to learn from India’s successes in promoting rural electrification, says Deputy President Mashatile

New Delhi : South Africa eager to learn from India’s successes in promoting rural electrification, says Deputy President Mashatile. : Economic Times

Power consumption cools 5% in August amid falling mercury

New Delhi : India’s power consumption in August fell around 4.9% year-on-year to 144.2 billion units, owing majorly to rainfall across the country which lowered temperatures. : Economic Times

NTPC Bongaigaon conferred with CSR Health Impact Award 2024

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New Delhi : NTPC Bongaigaon has been conferred with the esteemed CSR Health Impact Award 2024 under the category of Child Health System Strengthening Project (Rural) for its dedicated efforts in Tuensang District, Nagaland. : psuconnect.in

PM KUSUM: UPNEDA Issues Bids To Solarise 10,000 Solar Pumps

New Delhi : PM KUSUM: UPNEDA Issues Bids To Solarise 10,000 Solar Pumps. : saurenergy.com

SJVN expresses gratitude to Power Minister for Navratna status

New Delhi : On momentous occasion of SJVN having been granted prestigious Navratna status, management of SJVN, including CMD Sushil Sharma, Director (Finance) Akhileshwar Singh and Director {Personnel (Designate)} Ajay Kumar Sharma called upon Minister of Power Manohar Lal, Secretary Power Pankaj Agarwal and Joint Secretary (Hydro) Md Afzal to express gratitude and seek further guidance. : psuwatch.com

Adani Energy expands presence in Khavda with 7GW RE transmission project

New Delhi : In a move to further consolidate its position as the largest private sector transmission player in India, Adani Energy Solutions Ltd (AESL) on Monday said it has completed the acquisition of Khavda Phase-IV Part-A transmission project. : Sarkaritel.com

India’s coal production sees 6.48 pc growth at 384 MT in April-August

New Delhi : The coal production in India reached 384.08 million tonnes (MT) up to August in the current fiscal, a growth of 6.48 per cent compared to 360.71 MT during the same period in FY24, the government said on Monday. : Sarkaritel.com

Maharashtra no 2 for cumulative rooftop solar installations in the country

Mumbai : Maharashtra no 2 for cumulative rooftop solar installations in the country. : Economic Times

Sterlite Power acquires Khavda IV C Power Transmission

New Delhi : Sterlite Power acquires Khavda IV C Power Transmission. : Economic Times

SC notice to Himachal govt on Adani Power plea seeking refund of Rs 280 cr with interest

New Delhi : SC notice to Himachal govt on Adani Power plea seeking refund of Rs 280 cr with interest. : Economic Times

Adani Energy Solutions receives award of 7 GW renewable energy evacuation transmission network in Khavda

New Delhi : Adani Energy Solutions receives award of 7 GW renewable energy evacuation transmission network in Khavda. : Economic Times

Clean Energy’s Next Trillion-Dollar Business

New Delhi : Clean Energy’s Next Trillion-Dollar Business. : Mint

TotalEnergies to make further $444 mn investment in JV with Adani Green

New Delhi : Adani Green Energy on Monday said its board has approved definitive agreements for a further $444 million investment from TotalEnergies to form a joint venture with the company. : Business Standard

CESC soars 3% on incorporating new subsidiary in renewable power sector

New Delhi : CESC stock price surged up to 3.2 per cent at Rs 200.60 per share on the BSE in Monday’s intraday trade. This came after the company’s subsidiary Purvah Green Power established a wholly owned subsidiary named Greenpulse Power. : Business Standard

Adani Green approves pacts for TotalEnergies’ $444 mn investment in JV

New Delhi : Adani Green Energy said on Monday that its board has approved agreements that would enable a TotalEnergies affiliate to invest $444 million to form a new joint venture with the company. : Business Standard

Sterlite Power acquires Khavda IV C Power Transmission

New Delhi : Sterlite Power on Monday announced the acquisition of Khavda IV C Power Transmission Ltd, a Special Purpose Vehicle (SPV) for evacuation of renewable energy from Khavda RE park. : psuwatch.com

NTPC Bongaigaon to Support TB Eradication Efforts; Partners with District Administration, Kokrajhar

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New Delhi : NTPC Bongaigaon as a part of its CSR initiatives has partnered with the District Administration of Kokrajhar, Assam, in a significant initiative aimed at eradicating tuberculosis (TB) and achieving a TB-free India by 2025. : psuconnect.in

NTPC Kaniha Dedicates Community Hall at Hariharpur under CSR Initiative

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New Delhi : In a significant step towards enhancing community infrastructure, NTPC Kaniha constructed and handed over a newly built community centre at Hariharpur village, located in the Kaniha Block of Angul District, Odisha. : psuconnect.in

Adani Energy acquires Khavda project entailing Rs 4,091 cr investment

New Delhi : Adani Energy Solutions on Monday said it has acquired a 298-km special purpose vehicle (SPV) of the Khavda Phase IV Part-A transmission project entailing an investment of Rs 4,091 crore. : Business Standard

CMD highlights IREDA’s push for lower borrowing costs and green taxonomy at CII Financing 3.0 Summit

New Delhi : Indian Renewable Energy Development Agency Limited (IREDA) Chairman & Managing Director (CMD) Pradip Kumar Das on Monday underscored the company’s commitment to reducing borrowing costs and enhancing the bankability of India’s renewable energy sector. : psuwatch.com


Oil and Gas

Union Minister Hardeep Puri wishes Indian Oil on 65th establishment day

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New Delhi : Union Minister Hardeep Puri wishes Indian Oil on 65th establishment day. : Economic Times

Abhijit Majumder gets PESB recommendation for Oil India’s Director (Finance) post

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New Delhi : Abhijit Majumder is set to be next Director (Finance) of Oil India Limited (OIL), a PSU under the Ministry of Petroleum & Natural Gas (MoPNG). : psuwatch.com

Ethanol blending surges from 1.53 pc to 15 pc in last 10 years: Hardeep Puri

New Delhi : The ethanol blending percentage has surged from 1.53 per cent to 15 per cent in the last 10 years, Union Petroleum Minister Hardeep Singh Puri said on Monday, emphasising that bioenergy is increasingly becoming a crucial alternative to fossil fuels. : Sarkaritel.com

Petrol consumption rises 8.26% in August 2024, diesel sees decline

New Delhi : Petrol consumption rises 8.26% in August 2024, diesel sees decline. : Economic Times

India powers up green hydrogen: 15,000 MW electrolysers with ?45,000 crore boost by 2026

New Delhi : India powers up green hydrogen: 15,000 MW electrolysers with ?45,000 crore boost by 2026. : Economic Times

Board of Gujarat gas approves merger/demerger plans involving GSPL and GSPC

Ahmedabad : Board of Gujarat gas approves merger/demerger plans involving GSPL and GSPC. : Economic Times

Economic Times to host Oil & Gas Annual Conference and Expo, helping industry leaders to collaborate for growth

New Delhi : Economic Times to host Oil & Gas Annual Conference and Expo, helping industry leaders to collaborate for growth. : Economic Times

Oil extends losses on weak China data and expected OPEC+ supply boost

New Delhi : Oil extends losses on weak China data and expected OPEC+ supply boost. : Economic Times

ATF price cut 4.6 pc, commercial LPG up Rs 39 per cylinder

New Delhi : ATF price cut 4.6 pc, commercial LPG up Rs 39 per cylinder. : Economic Times

Oil extends losses on prospect of higher OPEC+ supply

New Delhi : Oil extends losses on prospect of higher OPEC+ supply. : Economic Times

GSPC, GEL, GSPL to merge into Gujarat Gas: Significant operational changes ahead

New Delhi : Gujarat Gas Limited’s (GGL) board on August 30 approved a comprehensive scheme of arrangement and amalgamation that will significantly reshape the company’s operations. : Mint

Technical outlook on gas-related stocks post Gujarat Gas, GSPL merger plan

New Delhi : Shares of gas-related companies were in focus on Monday following state-run Gujarat Gas plan of realigning its business units. : Business Standard

Oil goes higher as halted Libyan exports levels expected Opec+ supply boost

New Delhi : Oil prices edged higher on Monday, recovering some losses from late last week, as Libyan oil exports remained halted and concerns about higher Opec+ production from October eased. : Business Standard

Gensol, Matrix consortium wins EPC of India’s first biomass to green hydrogen project

New Delhi : Gensol Engineering Ltd, a solar engineering, procurement, and construction (EPC) and electric mobility solutions provider, in collaboration with Matrix Gas & Renewables Ltd, a green hydrogen infrastructure developer and natural gas aggregator, has emerged as the lowest bidder for engineering. : pv-magazine.com

OIL and IGGL sign hook-up agreement

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New Delhi : Oil India Limited (OIL) and Indra Dhanus Gas Grid Limited (IGGL) signed the hook-up agreements for connecting OIL’s natural gas fields of upper Assam with the Duliajan Feeder Line of the North-East Gas Grid and also for evacuation of natural gas to be produced from OIL’s DSF block in Tripura through IGGL’s 12” NB x 86 km Agartala- Tulamura natural gas pipeline. : psuwatch.com

OMCs increases price of 19 kg commercial LPG cylinder by Rs 39

New Delhi : Oil marketing companies have increased the rate of 19 kg commercial LPG gas cylinders by Rs 39, effective from Sunday. : psuconnect.in

ONGC ventures into renewable energy sector with 1 GW acquisition plan

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New Delhi : State-run ONGC focuses on acquiring more than 1 GW of renewable energy (RE) projects as the oil & gas exploration and production (E&P) major aims to enter the clean energy services market. : psuconnect.in

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On September 2

New Delhi : Petrol, Diesel Prices Today On September 2, 2024: Every day at 6 am, oil marketing companies (OMCs) announce the price of petrol and diesel, maintaining consistency despite the inherent volatility of these commodities. : news18.com

Gadkari urges states to lower GST on flex-fuel vehicles to 12%

New Delhi : Gadkari urges states to lower GST on flex-fuel vehicles to 12%. : Economic Times

Germany extends trusteeship over Rosneft assets, sources say

New Delhi : Germany extends trusteeship over Rosneft assets, sources say. : Economic Times

Saudi Arabia may cut crude oil prices for Asia in October

New Delhi : Saudi Arabia may cut crude oil prices for Asia in October. : Economic Times

OPEC+ has oil price and demand problems. It should solve demand: Russell

New Delhi : OPEC+ has oil price and demand problems. It should solve demand: Russell. : Economic Times

Govt gets Rs 2,413 cr dividend from BPCL

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New Delhi : The government has received about Rs 2,413 crore in dividends from oil PSU BPCL, the Department of Investment and Public Asset Management (DIPAM) said on Monday. : Economic Times

Ethanol blending has saved Rs 99,000 crore forex since 2014, says Puri

New Delhi : India’s ethanol blending program has saved Rs 99,014 crore in foreign exchange since 2014, Union petroleum minister Hardeep Singh Puri said on Monday. : Business Standard

BPCL aims to build 10 GW of renewable energy capacity by 2035

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New Delhi : Bharat Petroleum Corp. Ltd (BPCL), India’s second largest oil marketing company, targets to build 2 GW of renewable energy capacity by 2025 and 10 GW by 2035, said G. Krishnakumar, Chairman & Managing Director, BPCL, recently : pv-magazine.com

Ethanol blending saved Rs 99,014 cr in forex between 2014 & 2024: Puri

New Delhi : India’s ethanol blending programme has saved Rs 99,014 crore in foreign exchange between 2014 and 2024, said Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Monday. : psuwatch.com

Petroleum Minister Hardeep S Puri Highlights India’s Bioenergy Progress

New Delhi : At the inaugural session of the India Bio-Energy & Tech Expo 2024 (IBETE), Shri Hardeep Singh Puri, the Minister for Petroleum & Natural Gas, presented a detailed account of India’s progress in the bioenergy sector and its critical role in the country’s energy transformation. : psuconnect.in

IndianOil and RBL Bank Launch Co-Branded Credit Card

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New Delhi : India’s energy major, Indian Oil Corporation Limited has launched a co-branded credit card in partnership with RBL Bank in Global Fintech Fest (GFF), Mumbai. : psuconnect.in

Petrol and Diesel price falls in Bhubaneswar on September 2; Check rates here

Bhubaneswar : The prices of petrol and diesel have been decreased in Odisha’s capital city Bhubaneswar on September 2, 2024. : kalingatv.com

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