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MEDIA UPDATE (OCTOBER 08, 2024)

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08-Oct-2024

Power

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” New Delhi : NHPC, India’s premier hydropower company and a Navratna Enterprise of the Govt. of India has providedfinancial contributiion of NPR 1 Crore as flood relief assistance to Nepal. The cheque was presented to K.P. Sharma Oli, Prime Minister of Nepal by R.P. Goyal, Director (Finance), NHPC at Kathmandu on 7th October 2024.” : Sarkaritel.com

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” New Delhi : In a major step towards improving sanitation infrastructure at Jawahar Navodaya Vidyalaya (JNV), Basugaon, Kokrajhar, NTPC Bongaigaon, in collaboration with the District Administration of Kokrajhar and the Public Works Department (PWD), signed a Memorandum of Agreement (MoA) for the construction of a new toilet block.” : Sarkaritel.com

Power generation via renewable energy up 86 pc in India since 2014: Pralhad Joshi

New Delhi : India saw an impressive 86 per cent increase in power generation via renewable energy since 2014, from 193.5 billion units (BU) to 360 BU, Union Minister of New and Renewable Energy, Pralhad Joshi, said on Monday. : Sarkaritel.com

NTPC ties up with Assam forest department for awareness drive

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New Delhi : NTPC ties up with Assam forest department for awareness drive. : Economic Times

PFC secures $1.265 billion foreign currency loan for green energy projects

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New Delhi : PFC secures $1.265 billion foreign currency loan for green energy projects. : Economic Times

India’s clean energy tech capacity set to rise by 2030: S&P Global

New Delhi : India’s clean energy tech capacity set to rise by 2030: S&P Global. : Economic Times

Operating losses of state discoms to stay high despite 15-20 per cent dip: CRISIL

New Delhi : Operating losses of state discoms to stay high despite 15-20 per cent dip: CRISIL. : Economic Times

Hitachi Energy to invest ?2000 crore over five years to boost India’s energy transition

New Delhi : Hitachi Energy to invest ?2000 crore over five years to boost India’s energy transition. : Economic Times

REC disburses ?90,955 crore in H1 FY25, renewable loans jump 93%

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New Delhi : REC disburses ?90,955 crore in H1 FY25, renewable loans jump 93%. : Economic Times

Meeting on Friday to finalise transport of coal for power plants

New Delhi : The inter-ministerial committee comprising coal, power and railways officials will meet on October 11 to discuss and finalise rake supply plan for transporting coal to power plants for the second half of the financial year, people aware of the development told ET. : Economic Times

Australian Superannuation funds exploring India Green Energy Deals

New Delhi : Australian Superannuation funds exploring India Green Energy Deals. : Mint

IEX trade volume increases nearly 21% to 11,370 million units in September

New Delhi : Indian Energy Exchange’s (IEX) total trade volume rose 24 per cent year-on-year to 11,370 million units (MU) in September this year. : Business Standard

Hitachi Energy India plans Rs 2,000 crore investment in energy projects

New Delhi : BSE-listed Hitachi Energy India, the Indian arm of Zurich-headquartered Hitachi Energy, will invest Rs 2,000 crore in the coming four-five years to develop energy transmission and energy transition products, its senior management said on Monday. : Business Standard

Power generation increases 86% to 360 bn units in 10 yrs: Minister Joshi

New Delhi : The country has registered an 86 per cent increase in power generation through renewable sources to 360 BU in the past 10 years, Union Minister Pralhad Joshi said noting India is the only G20 country to have met its climate targets ahead of schedule. : Business Standard

Should aim to become clean energy exporter by 2030: Former NITI CEO Kant

New Delhi : India should aim for 750 gigawatts of renewable energy capacity and become a clean energy exporter by 2030, former NITI Aayog CEO Amitabh Kant said on Monday. : Business Standard

Avaada Group lays foundation stone for ingot-to-PV module, battery factory in Nagpur

Nagpur : Avaada Group, a leading renewable energy company in India, has laid the foundation stone for its new manufacturing facility, Avaada Electro, at the Addl. Butibori Industrial Park in Nagpur, Maharashtra. : pv-magazine.com

NHPC provides flood relief assistance of NPR 1 crore to Nepal

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New Delhi : NHPC Limited has provided financial contribution of NPR 1 crore (about Rs 62.56 lakh) as flood relief assistance to Nepal. The cheque has been presented to Rt. Prime Minister of Nepal KP Sharma Oli by NHPC Director (Finance) RP Goyal at Kathmandu on Monday. : psuwatch.com

NTPC Bongaigaon Employee shines at Kavi Sammelan at IOCL Refinery

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New Delhi : Shri Deepak Sahay, Engineer (MTP) at NTPC Bongaigaon, showcased his poetic talent at the esteemed Kavi Sammelan organized by IOCL Refinery, Dhaligaon, as part of their Hindi Pakhwada Closing Ceremony. : psuconnect.in

NTPC ties up with Assam forest department for awareness drive

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New Delhi : State-run power major NTPC has joined hands with the Assam Forest Department to carry out an awareness campaign to celebrate Wildlife Week. : psuconnect.in

NPCIL to operate small nuclear plants for private players

New Delhi : NPCIL to operate small nuclear plants for private players. : Economic Times

Kundan Green Energy to invest ?1000 Crore in renewable projects by 2028

New Delhi : Kundan Green Energy to invest ?1000 Crore in renewable projects by 2028. : Economic Times

We have initiated plan of around 20,000 MW of solarisation in Maharashtra: Deputy CM Devendra Fadnavis

Nagpur : We have initiated plan of around 20,000 MW of solarisation in Maharashtra: Deputy CM Devendra Fadnavis. : Economic Times

Russia seeks to boost coal exports to India

New Delhi : Russia seeks to boost coal exports to India. : Economic Times

Avaada lays foundation for ?13,650 crore renewable energy plant in Nagpur

Nagpur : Avaada lays foundation for ?13,650 crore renewable energy plant in Nagpur. : Economic Times

IEX records 24% YoY growth in September, REC prices hit record low

New Delhi : IEX records 24% YoY growth in September, REC prices hit record low. : Economic Times

Hitachi Energy plans to invest ?2,000 crore in India’s power sector

New Delhi : Global tech major Hitachi Energy Ltd plans to invest ?2,000 crore over the next few years to strengthen India’s power supply systems as the country transitions to green energy, the company said in a statement on Monday. : Mint

Peak power demand declines in Sept; renewable energy generation increases

New Delhi : The peak power demand in September fell to 230 GW, down from the 243 GW recorded during the same month last year, which had marked the annual high for that fiscal year. : Business Standard

India’s clean energy tech capacity to rise significantly by 2030, says S&P

New Delhi : India’s clean energy technology capacity is projected to rise significantly by 2030, but the country is likely to miss its green energy target due to challenges like availability of technological innovation and skilled labour, a report said on Monday. : Business Standard

Maharashtra to source 50% of energy from non-traditional sources: Fadnavis

New Delhi : Maharashtra Deputy Chief Minister Devendra Fadnavis on Monday said that by 2030, Maharashtra will become the first state in the country to produce 50 per cent of its energy requirements from non-traditional power sources. : Business Standard

NTPC ties up with Assam forest department for awareness drive

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New Delhi : State-run power major NTPC Limited said on Sunday it has joined hands with Assam Forest Department to carry out an awareness campaign to celebrate Wildlife Week. : psuwatch.com

Renewable Energy generation in India has increased 86% in last decade: Joshi in Germany

New Delhi : Stressing that India is the only G20 nation to have met its climate targets ahead of schedule, Minister for New and Renewable Energy Pralhad Joshi said that Renewable Energy (RE) generation in India has increased by 86 percent in the last decade. : psuwatch.com

NPCIL set to operate small nuclear plants for private players

New Delhi : For the first time, the Nuclear Power Corporation of India (NPCIL) will operate 220 MW capacity small nuclear plants for private players. : psuconnect.in


Oil and Gas

Adani starts India’s biggest hydrogen blending in natural gas programme

New Delhi : Adani starts India’s biggest hydrogen blending in natural gas programme. : Economic Times

Global oil prices: India watching situation very carefully, says Hardeep Singh Puri

New Delhi : With global oil prices flaring due to widening conflict in the Middle East, India is watching the situation carefully and is confident of navigating any challenges it may pose, Oil Minister Hardeep Singh Puri said on Monday. : Economic Times

ONGC, ISRO in talks to use satellites to track methane leak

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New Delhi : Oil and Natural Gas Corporation (ONGC) is in talks with the Indian Space Research Organisation (ISRO) to use its satellites to affordably and more accurately detect methane leakage at all its installations across the country. : Economic Times

Oil extends steepest weekly gain in one year over Israel-Iran war; Brent reclaims $80, WTI at five-week high

New Delhi : International crude oil prices rose more than three per cent on Monday, October 7, with Brent surpassing the $80 per barrel mark for the first time since August. : Economic Times

Oil giant Chevron sells assets worth $6.5 bn to Canadian Natural Resources

New Delhi : Chevron is selling its assets in Athabasca Oil Sands and Duvernay Shale to Canadian Natural Resources for $6.5 billion, the oil giant said on Monday as it puts in motion its divestiture plan. : Business Standard

Fuel demand falls 1.6% in Sep, consumption at 17.92 mn metric tonnes

New Delhi : India’s fuel demand fell 1.6 per cent in September compared with the same month last year, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed on Monday. : Business Standard

Petrol and diesel prices remain stable for 204 days in Chennai

Chennai : In Chennai, the price of petrol and diesel has remained unchanged for the past 203 days. : dtnext.in

Deeper tensions in West Asia may hit energy supplies: Hardeep Singh Puri

New Delhi : The government does not see any major impact on oil supplies to the country owing to the ongoing conflict in West Asia, said Union minister for petroleum and natural gas Hardeep Singh Puri on Monday. : Financial Express

REI Expo saw Rs 1,850-cr investments committed for biogas sector: IBA

New Delhi : REI Expo saw Rs 1,850-cr investments committed for biogas sector: IBA. : Economic Times

bp drops oil output target in strategy reset, sources say

New Delhi : BP has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm’s energy transition strategy to regain investor confidence, three sources with knowledge of the matter said. : Economic Times

Enough Oil available in the world, India buying from 39 sources: Hardeep Singh Puri

New Delhi : Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, has confidently asserted that the country is well-prepared to meet its growing energy demands, with a diverse range of oil sources. : Economic Times

Confident of navigating West Asia situation: Petroleum and natural gas minister Hardeep Singh Puri

New Delhi : India is “very carefully” watching the situation unfolding in West Asia and is “confident” of navigating the situation, petroleum and natural gas minister Hardeep Singh Puri said on Monday. : Economic Times

ONGC will now have a four-pronged strategy for growth’, says director Arunangshu Sarkar

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New Delhi : Faced with the challenge of decreasing hydrocarbon reserves and maintaining production levels, state-run Oil and Natural Gas Corporation no longer wants to rest on its laurels. : Economic Times

Russia aims to boost coal exports to India amid growing fuel demand

New Delhi : Russia is interested in increasing coal exports to India to tap into growing demand for the fuel in the Asian country, Russian Deputy Prime Minister Alexander Novak said. : Business Standard

India to award leases to top up strategic oil reserves amid Gulf tensions

New Delhi : State-owned Indian Strategic Petroleum Reserves Ltd (ISPRL), which operates India’s strategic crude oil storage, will make awards by December to lease around 1 million tons of crude oil storage space (7.3 million barrels) at two of the country’s three existing Strategic Petroleum Reserves (SPRs), around a fifth of the total SPR capacity. : Business Standard

Oil prices up due to West Asia conflict, watching situation carefully: Puri

New Delhi : With global oil prices flaring due to widening conflict in the Middle East, India is watching the situation carefully and is confident of navigating any challenges it may pose, Oil Minister Hardeep Singh Puri said on Monday. : Business Standard

The Hydrogen Stream: Adani begins green hydrogen blending in PNG supply in Ahmedabad

New Delhi : Adani Total Gas has announced the commissioning of its hydrogen blending system and in-situ hydrogen generation at Adani Shantigram township in Ahmedabad, Gujarat. : pv-magazine.com

Petrol And Diesel Price Hikes In Bhubaneswar On October 7; Check new rates

Bhubaneswar : The petrol and diesel rates have increased marginally in Odisha’s capital city, Bhubaneswar. On October 7, 2024, Monday. petrol has been priced at Rs 101.06 per litre while diesel costs Rs 92.64 per litre. : kalingatv.com

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