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MEDIA UPDATE (SEPTEMBER 30, 2024)

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30-Sep-2024

Power

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” New Delhi : NHPC and APGENCO have signed a Joint Venture Agreement on 27th September 2024 for implementation of Pumped Storage Hydro Power Projects and other Renewable Energy Projects in Andhra Pradesh in phases. In first phase two projects namely Yaganti PSP (1000 MW) & Rajupalem PSP (800 MW) are considered for joint implementation. Subsequently, other projects shall be identified in next phase.” : Sarkaritel.com

REC Raises USD 500 Million via Green Bond

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New Delhi : State-owned REC Ltd on Saturday said it has raised USD 500 million through green dollar bonds to support various renewable energy projects. : rediff.com

REC raises $500 million fixed-rate Green Dollar Bonds at 4.75%

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New Delhi : REC Limited announced that it has successfully raised USD 500 million 5-year Green bonds issued off its USD 10 billion Global Medium Term Programme. : psuwatch.com

REC raises $500 million via green bond to support renewable energy projects

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New Delhi : State-owned REC Ltd on Saturday said it has raised $500 million through green dollar bonds to support various renewable energy projects. : Business Standard

Sterling Wilson Renewable Energy promoters sell 7.14 pc stake for Rs 1,040 crore

New Delhi : Sterling Wilson Renewable Energy promoters sell 7.14 pc stake for Rs 1,040 crore. : Economic Times

Reliance Power considering stake sale to raise funds

New Delhi : Reliance Power considering stake sale to raise funds. : Economic Times

Energy Leadership Awards 2024: ETEnergyworld honours the best and the greatest in the energy sector

New Delhi : Energy Leadership Awards 2024: ETEnergyworld honours the best and the greatest in the energy sector. : Economic Times

REC eyes funding nuclear power projects as it seeks to spend ?6 trillion by 2030

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New Delhi : Stay ahead of the curve with the latest insights from the corporate world through our company news coverage. : Mint

Reliance Power to consider stake sale for fundraising, board meeting to be held on October 3

New Delhi : Reliance Power Ltd’s board of directors is to consider a stake sale to raise funds in the company’s upcoming board meeting on Thursday, October 3, according to the company’s BSE filing on Friday evening. : Mint

NLCIL produces 12.34 billion units of green power as it treads RE path

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New Delhi : State-owned NLCIL has produced 12.34 billion units of green power, thereby preventing the emission of one crore tonne of carbon dioxide, a coal ministry statement said. : Business Standard

NHPC, APGENCO sign JV agreement for renewables, pumped storage development

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New Delhi : NHPC Ltd, India’s largest hydropower developer, has signed a joint venture agreement with Andhra Pradesh Power Generation Corp. Ltd (APGENCO) for implementation of pumped hydro storage and renewable energy (solar, floating solar and wind) projects in Andhra Pradesh. : pv-magazine.com

NLC India Limited Steps Into 10th Year Of Renewable Energy Generation

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New Delhi : NLC India Limited, a Navratna Public Sector Enterprise under the Ministry of Coal, Government of India, is proudly stepping into 10th year of renewable energy generation today. : indianpsu.com

NLC India Ltd produces 1,234 crore units of clean power

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New Delhi : State-owned NLC India Limited has produced 1,234 crore units of green power, thereby preventing the emission of one crore tonne of carbon dioxide, a coal ministry statement said. : psuwatch.com

NLC India Limited celebrates the 10th Year of Renewable Energy Generation

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New Delhi : A Navratna PSU NLC India Limited, under the Ministry of Coal, Government of India, is proudly stepping into its 10th year of renewable energy generation . : psuconnect.in

REC Raises USD 500 Million Fixed Rate Green Dollar Bonds at 4.75%

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New Delhi : REC Limited announced that it has successfully raised USD 500 million 5-year Green bonds issued off its USD 10 billion Global Medium Term Programme. : Sarkaritel.com

REC Ltd Secures USD 500 Million Through Green Bonds for Renewable Energy Initiatives

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New Delhi : REC Ltd, a state-owned company, has successfully raised USD 500 million through green dollar bonds to fund renewable energy initiatives. : governancenow.com

REC raises $500 million via green bond

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New Delhi : State-owned REC Ltd on Saturday said it has raised USD 500 million through green dollar bonds to support various renewable energy projects. : Economic Times

NLC INDIA LIMITED PROUDLY STEPS INTO THE 10TH YEAR OF RENEWABLE ENERGY GENERATION

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New Delhi : NLC India Limited, a Navratna Public Sector Enterprise under the Ministry of Coal, Government of India, proudly steps into its 10th year of Renewable Energy generationon September 28, 2024. : Sarkaritel.com

WBPDCL achieves coal self-sufficiency for power generation, ends reliance on CIL in FY25

New Delhi : WBPDCL achieves coal self-sufficiency for power generation, ends reliance on CIL in FY25. : Economic Times

REC Eyes Funding Nuclear Power, Cross-Border Transmission Projects

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New Delhi : REC Eyes Funding Nuclear Power, Cross-Border Transmission Projects. : Mint

India seeks 6K MW of peak renewable power supply with storage

New Delhi : India is seeking bids to supply 6,000 megawatts (MW) of electricity from renewable energy power projects for assured peak-hour supply with storage, according to a tender issued by state-run SJVN. : Business Standard

REC Raises USD 500 Million Fixed Rate Green Dollar Bonds at 4.75%

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Gurgoan, Haryana : REC Limited announced that it has successfully raised USD 500 million 5-year Green bonds issued off its USD 10 billion Global Medium Term Programme. : globalgreenews.com

NHPC inks JV pact to set up RE projects in Andhra Pradesh

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New Delhi : State-owned NHPC Limited on Saturday said it has inked a joint venture agreement with APGENCO for the implementation of pumped storage hydro power projects and other renewable energy projects in Andhra Pradesh. : psuwatch.com

THDC honoured at UP International Trade Show 2024

New Delhi : THDC India Limited (THDCIL) has been recognised for its exceptional exhibit at the UP International Trade Show 2024, held at the India Expo Centre and Mart in Greater Noida, Uttar Pradesh. : psuwatch.com

REC raises $500 million through green bond to aid renewable energy projects

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New Delhi : State-owned REC Ltd has raised $500 million through green dollar bonds to support various renewable energy projects. The 5-year note has a coupon rate of 4.75 percent per annum to be paid semi-annually and the maturity date of September 27, 2029. : psuconnect.in

NHPC makes Joint Venture Agreement with APGENCO

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New Delhi : NHPC and APGENCO have signed a Joint Venture Agreement for the implementation of Pumped Storage Hydro Power Projects and other Renewable Energy Projects in Andhra Pradesh in phases. : psuconnect.in

Power Finance Corporation Ltd participates in Series of Swachhata initiatives in New Delhi

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New Delhi : State-owned Power Finance Corporation Ltd. (PFC), under the initiative, has actively participated in the series of Swachhata Hi Seva by organizing a series of cleanliness drives and public health activities aimed at promoting hygiene and safety in high-traffic public spaces. : psuconnect.in

BHEL bags award for innovation and excellence in IT

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New Delhi : For innovation and excellence in the field of information technology, BHEL has been awarded the Governance Now PSU IT Award for the year 2024. The company was unanimously selected for the award in the category of Excellence in Software Development, by an independent jury. : psuconnect.in

Oil and Gas

GAIL’s Safety Leadership Workshop emphasized Positive mindset

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New Delhi : GAIL organized a “Safety Leadership Workshop for Top Management” on 27.09.2024 at Corporate Office, New Delhi. The Program was inaugurated by Shri Sandeep Kumar Gupta, CMD, GAIL. : psuconnect.in

Indian Oil announces job vacancy for Director (Marketing); click for details

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New Delhi : Indian Oil Recruitment 2024: Oil Maharatna Indian Oil Corporation Limited (IOCL) has invited job applications for the engagement of Director (Marketing). Eligible and interested candidates can apply for the job before October 24. : psuwatch.com

OMCs plan ?2.2 lakh crore capex for refining expansion amid rising fuel demand

New Delhi : OMCs plan ?2.2 lakh crore capex for refining expansion amid rising fuel demand. : Economic Times

BP looks to boost India presence after board meet

New Delhi : Supermajor BP is looking to grow its business in India as it scouts for more opportunities in the world’s fastest growing energy market, its top official said. BP board, after more than a decade, held its meetings in India during a five-day visit starting September 23 and went charmed. : Economic Times

IBA expects to attract Rs 1,600 cr investment for biogas sector at REI 2024

New Delhi : Indian Biogas Association (IBA) is expecting around Rs 1,600 crore investment in the sector during Renewable Energy India Expo (REI) 2024, beginning on Thursday. : Business Standard

BPCL shares surges over 7%, with record heavy trading volumes

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New Delhi : The Shares of the Oil PSU Bharat Petroleum Corporation (BPCL) surged around 7 percent to hit a fresh record high of Rs 370.50 on NSE, driven by heavy volumes. : psuconnect.in

India will not buy from Russia’s sanctioned Arctic LNG 2 project: Oil secretary Pankaj Jain

New Delhi : India will not buy from Russia’s sanctioned Arctic LNG 2 project: Oil secretary Pankaj Jain. : Economic Times

Hardeep Singh Puri calls to build consensus over bringing petrol, diesel under GST

New Delhi : Hardeep Singh Puri calls to build consensus over bringing petrol, diesel under GST. : Economic Times

Energy Leadership Awards 2024: ETEnergyworld honours the best and the greatest in the energy sector

New Delhi : Energy Leadership Awards 2024: ETEnergyworld honours the best and the greatest in the energy sector. : Economic Times

India to boost crude oil refining capacity by 35-40 MT by Fiscal 2030: Crisil Ratings

New Delhi : India’s oil marketing companies (OMCs) are expected to increase the country’s crude oil refining capacity by 35-40 million tonnes (MT) by the end of fiscal 2030, the Crisil Ratings said. : Economic Times

Mexico’s Pemex ships first fuel export from new Olmeca refinery to India

New Delhi : Mexico’s Pemex this month shipped its first fuel export cargo from its new Olmeca refinery to India, a sign of progress after multiple delays and spiraling costs, according to shipping data and industry sources. : Business Standard

OMCs set to invest over Rs 2 trillion to meet India’s growing oil demands

New Delhi : India’s oil marketing companies (OMCs) are gearing up to enhance their crude oil refining capacity by an estimated 35-40 million tonnes by the end of the financial year 2029-30, as they seek to accommodate the surging energy demands of the nation. : Business Standard

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