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MEDIA UPDATE (SEPTEMBER 10, 2024)

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10-Sep-2024

Power

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” New Delhi : NTPC has signed an MoU with USAID through its India Mission in Delhi to develop a roadmap for transforming NTPC Townships and Offices as Net Zero Establishments.” : Sarkaritel.com

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” New Delhi : Indian Renewable Energy Development Agency Ltd. (IREDA) today signed a Memorandum of Understanding (MoU) with SJVN Ltd., GMR Energy Ltd., and their associated companies for the development and implementation of the 900 MW Upper Karnali Hydro-electric Project in Nepal.” : Sarkaritel.com

NTPC partners with USAID to make its townships and offices net zero by FY 2025-26

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New Delhi : NTPC partners with USAID to make its townships and offices net zero by FY 2025-26. : Economic Times

Gujarat sets record by generating 1,067 mn units of hydropower in August

New Delhi : Gujarat has set a record in power generation due to abundant rainfall during the monsoon season, filling the state’s major dams. In August, hydroelectric power stations across Gujarat, including Ukai, Kadana, and Sardar Sarovar, generated 1,067.3 million units (MU) of electricity, marking a three-fold jump from July’s production of 308.7 MU. : Sarkaritel.com

Tata Power surpasses 1 lakh home EV charger installations across India

New Delhi : Tata Power surpasses 1 lakh home EV charger installations across India. : Economic Times

Oriana Power bags ?520 cr contract for 128 MW solar plant from Dalmia Cement

New Delhi : Oriana Power bags ?520 cr contract for 128 MW solar plant from Dalmia Cement. : Economic Times

Suzlon bags 1,166 MW wind energy project from NTPC Green Energy

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New Delhi : Suzlon bags 1,166 MW wind energy project from NTPC Green Energy. : Economic Times

Karnataka rooftop solar capacity crosses 600 MW

Bengaluru : Karnataka rooftop solar capacity crosses 600 MW. : Economic Times

India’s power sector to rise 2.2 times to USD 280 bn by FY30: report

New Delhi : India’s power sector to rise 2.2 times to USD 280 bn by FY30: report. : Economic Times

Four pacts inked between Indian, UAE entities in energy sector

New Delhi : Four pacts inked between Indian, UAE entities in energy sector. : Economic Times

Gujarat hydropower plants made a record in electricity generation in August’24

New Delhi : Gujarat hydropower plants made a record in electricity generation in August’24. : Economic Times

IREDA signs MoU with SJVN, GMR for 900 MW hydro project in Nepal

New Delhi : Indian Renewable Energy Development Agency (IREDA) on Monday said it has inked initial pacts with SJVN and GMR Energy for the development and implementation of the 900 MW Upper Karnali hydro-electric project in Nepal. : Economic Times

Adani Green Energy repays over ?6,200 crore Holdco Notes ahead of schedule

New Delhi : Adani Green Energy Ltd (AGEL) on September 9 announced that it has fully redeemed its USD 750 million Holdco Notes. Issued in September 2021 with a 4.375 percent interest rate, these notes were originally set to mature on 8 September 2024, as per the company statement. : Mint

Tata Power arm starts commercial production at 2GW Tirunelveli unit

New Delhi : TP Solar Ltd, one of India’s largest cell and module manufacturing companies and a subsidiary of Tata Power Renewable Energy Ltd (TPREL), on Monday. : Business Standard

Local procurement mandate for solar power projects may get stringent

New Delhi : The Centre is planning to tighten the mandate on domestic procurement in solar power project development to further push indigenous products. In a recent circular by the nodal Ministry of New and Renewable Energy (MNRE). : Business Standard

Oriana Power secures 128 MW C&I solar project in Tamil Nadu

New Delhi : Oriana Power today announced that its arm TrueRE Surya has been awarded a 128 MW solar project by Dalmia Cement (Bharat), a wholly owned subsidiary of Dalmia Bharat Ltd. : pv-magazine.com

Adani Green completes redemption of USD 750 million Holdco notes ahead of September deadline

New Delhi : Adani Green completes redemption of USD 750 million Holdco notes ahead of September deadline. : Economic Times

Gujarat to set up 48 MW capacity solar rooftop systems on govt buildings in FY25

Ahmedabad : Gujarat to set up 48 MW capacity solar rooftop systems on govt buildings in FY25. : Economic Times

Oriana Power bags ?520 cr contract for 128 MW solar plant from Dalmia Cement

New Delhi : Oriana Power bags ?520 cr contract for 128 MW solar plant from Dalmia Cement. : Economic Times

India’s Nuclear Power Corp likely to issue bonds this month, bankers say

New Delhi : India’s Nuclear Power Corp likely to issue bonds this month, bankers say. : Economic Times

Supreme Court seeks response from Adani Power over Rajasthan discoms appeal on ‘change in law’ benefits

New Delhi : The Supreme Court on Monday sought response from Adani Power on an appeal by Rajasthan discoms against the sectoral tribunal’s April order directing them to pay “huge sum” of Rs 186 crore as benefits due to ‘change in law’ along with carrying costs at LPS rates of their Power Purchase Agreement (PPA) with the former. : Economic Times

Gautam Adani writes to Bangladesh chief advisor Muhammad Yunus, seeks early payment of $800 mn in power dues

Mumbai : Adani Group chairman Gautam Adani has reached out to Muhammad Yunus, chief advisor to the Bangladesh government, seeking his intervention in the early clearance of $800 million of receivables due from Bangladesh Power Development Board to Adani Power for electricity supplies. : Economic Times

India-UAE sign pacts on LNG supplies, nuclear power cooperation as Crown Prince visits New Delhi

New Delhi : State-run entities of India and UAE on Monday signed pacts in the energy space during the visit of Crown Prince of Abu Dhabi, Sheikh Khaled bin Mohamed bin Zayed Al Nahyan to New Delhi. : Mint

NTPC Bongaigaon with ACCF launched comprehensive cancer care program in Kokrajhar

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New Delhi : NTPC Bongaigaon, in collaboration with the Assam Cancer Care Foundation (ACCF), launched a comprehensive cancer care program in Kokrajhar district as a part of its CSR initiatives. : psuconnect.in

Tata Power commences production of solar cells at Tirunelveli plant

New Delhi : Tata Power has commenced production of solar cells at India’s largest single-location in Tirunelveli, Tamil Nadu, helping boost domestic manufacturing of cells and modules needed to convert sunlight into electricity. : psuwatch.com

$500 mn in overdue power debt not sustainable: Adani Group to Bangladesh

New Delhi : The Adani Group has issued a warning to Bangladesh’s interim government, led by Nobel Peace Prize laureate Muhammad Yunus, regarding overdue payments on a contentious power project, according to a report by The Financial Times (FT). : Business Standard

Four agreements signed between Indian, UAE entities in energy sector

New Delhi : India and the United Arab Emirates on Monday inked four major pacts that will facilitate crude oil storage, long-term supply of LNG and cooperation in the civil nuclear energy sector as Prime Minister Narendra Modi held wide-ranging talks with Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan focusing on boosting overall strategic ties. : Business Standard

MNRE proposes ALMM mandate for solar cells from April 1, 2026

New Delhi : India’s Ministry of New and Renewable Energy (MNRE) has invited suggestions from stakeholders on the draft guidelines of the approved list of models and manufacturers (ALMM) for solar cells as it proposes to make it effective from April 2026. : pv-magazine.com

Tata Power begins solar cell production at 4.3 GW plant in Tamil Nadu

New Delhi : Tata Power today announced its step-down arm TP Solar Ltd has commenced commercial solar cell production at its 4.3 GW integrated cell and module plant in the Tirunelveli district in the Indian state of Tamil Nadu. : pv-magazine.com

NTPC Awards India’s Largest Wind Energy Contract to Suzlon

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New Delhi : After reporting strong FY 25 Q1 results, Suzlon Group, India’s largest renewable energy solutions provider, today announced bagging India’s largest wind energy order from NTPC Green Energy Limited (the renewables arm of India’s largest energy conglomerate NTPC Limited) for 1166 MW. : psuconnect.in

Ireda inks initial pacts with SJVN, GMR for 900 MW hydro project in Nepal

New Delhi : Indian Renewable Energy Development Agency (IREDA) on Monday said it has inked initial pacts with SJVN and GMR Energy for the development and implementation of the 900 MW Upper Karnali hydro-electric project in Nepal. : Business Standard


Oil and Gas

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” New Delhi : A Konkani book named “ Konkani Vananthlin Firngi Pana”, meaning Portuguese leaves in a Konkani Forest, Authored by Dr Rudolph Joyer Noronha, was released on 8.9.2024 at Kinnigoli Church. This book lists nearly 400 Konkani words of Portuguese origin in a dialect used by Kanara Catholics.” : Sarkaritel.com

Deep Industries secures ?1,402 crore ONGC contract for production enhancement

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New Delhi : Deep Industries secures ?1,402 crore ONGC contract for production enhancement. : Economic Times

Oil India Limited joins the Oil and Gas Decarbonization Charter for sustainable energy practices

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New Delhi : Oil India Limited joins the Oil and Gas Decarbonization Charter for sustainable energy practices. : Economic Times

Indian Oil to get 1 MMT LNG from ADNOC per annum for 15 years

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New Delhi : State-run Indian Oil Corporation Limited (IOCL) has signed a long-term memorandum of understanding (MoU) with Abu Dhabi National Oil Company (ADNOC) under which it will get 1 Million Metric Tonnes of Liquefied Natural Gas (LNG) per annum from ADNOC for 15 years. : psuwatch.com

Oil India Joins Oil and Gas Decarbonization Charter

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New Delhi : Oil India Limited (OIL), a Maharatna CPSE & India’s oldest exploration and production major of crude oil & natural gas, has announced its commitment to sustainable energy practices by joining the Oil and Gas Decarbonization Charter (OGDC). : psuconnect.in

India plans to push LNG for trucking in bid to curb emissions

New Delhi : India plans to push LNG for trucking in bid to curb emissions. : Economic Times

Massive oil, gas reserves found in Pakistani waters: Report

Islamabad : Massive oil, gas reserves found in Pakistani waters: Report. : Economic Times

ADNOC to supply Indian Oil with LNG for 15 years

New Delhi : ADNOC to supply Indian Oil with LNG for 15 years. : Economic Times

NCLT admits insolvency resolution plea against Essar Oil and Gas Exploration & Production

New Delhi : The bankruptcy court in Ahmedabad has admitted Essar Group entity Essar Oil and Gas Exploration & Production Ltd under the corporate insolvency resolution process (CIRP). : Economic Times

India-UAE sign pacts on LNG supplies, nuclear power cooperation as Crown Prince visits New Delhi

New Delhi : State-run entities of India and UAE on Monday signed pacts in the energy space during the visit of Crown Prince of Abu Dhabi, Sheikh Khaled bin Mohamed bin Zayed Al Nahyan to New Delhi. : Mint

ADNOC agrees to supply Indian Oil with 1 MMT LNG per year for 15 years

New Delhi : The Abu Dhabi National Oil Company has agreed a 15-year deal to supply Indian Oil with 1 million metric tonnes per annum of liquefied natural gas, the Abu Dhabi Media Office said on Monday. : Business Standard

Four agreements signed between Indian, UAE entities in energy sector

New Delhi : India and the United Arab Emirates on Monday inked four major pacts that will facilitate crude oil storage, long-term supply of LNG and cooperation in the civil nuclear energy sector as Prime Minister Narendra Modi held wide-ranging talks with Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan focusing on boosting overall strategic ties. : Business Standard

Oil rebounds from week of heavy losses as storm approaches US Gulf Coast

New Delhi : Oil rebounds from week of heavy losses as storm approaches US Gulf Coast. : Economic Times

Oil prices jump $1 on Gulf Coast storm, post selloff recovery

New Delhi : Oil prices jump $1 on Gulf Coast storm, post selloff recovery. : Economic Times

Four pacts inked between Indian, UAE entities in energy sector

New Delhi : Four pacts inked between Indian, UAE entities in energy sector. : Economic Times

Oil rebounds from week of heavy losses as storm approaches US Gulf Coast

New Delhi : Oil rebounds from week of heavy losses as storm approaches US Gulf Coast. : Economic Times

Goa aims to boost piped gas adoption with new targets

Panaji : Goa aims to boost piped gas adoption with new targets. : Economic Times

Govt plans to use LNG for third of truck fleet, in blow to diesel

New Delhi : India plans to have a third of its heavy duty long-haul trucking fleet fuelled by liquefied natural gas (LNG) instead of diesel in five to seven years to cut pollution, according to a draft policy from the federal oil ministry. : Business Standard

Crude calculations: How cheaper Venezuelan oil flows will help India

New Delhi : Sometime soon, perhaps on Tuesday or Wednesday, Degas, a very large crude carrier laden with Venezuelan oil, is expected to dock at Jamnagar to unload 2 million barrels of dirty, high sulphur crude oil, shipping data shows. : Business Standard

RBL Bank aims to grow in credit cards, launches offering with Indian Oil

New Delhi : Private sector lender RBL Bank is aiming to grow its credit card portfolio “moderately” and focus on other aspects like cross-selling to customers, a senior official has said. : Business Standard

Petrol Diesel Price Today September 9, 2024 in Mumbai, Hyderabad, Kolkata and Chennai

New Delhi : Petrol, Diesel Price Today 9 September 2024: Are petrol or diesel prices going to make a huge dent in your pocket in September? Interestingly, Oil Marketing companies are expecting an improvement in their margins after a muted show in Q1. : Financial Express

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