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MEDIA UPDATE (NOVEMBER 08, 2024)

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08-Nov-2024

Power

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” Shimla : The Union Minister of Power and Housing & Urban Affairs Manohar Lal reviewed the urban development schemes and the power sector scenario for Himachal Pradesh in Shimla today.” : Sarkaritel.com

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” New Delhi : NTPC Bongaigaon marked its 50th Raising Day with enthusiasm, hosting a series of celebratory events at its administrative building that brought together employees, families, and the community. The day commenced with the NTPC flag being unfurled by Akhilesh Singh, followed by a ceremonial cake cutting and colorful balloon release, symbolizing the milestone.” : Sarkaritel.com

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” New Delhi : NHPC Limited, India’s premier hydropower company and Navratna enterprise of the Government of India celebrated its 50th Raising Day on 7th November 2024 at NHPC Corporate Office, Faridabad and across all its Regional Offices, Power Stations and Projects. NHPC has now entered into its 50th Golden Jubilee Year since its foundation in 1975.” : Sarkaritel.com

Tata Power signs 25-year deal to power Noida Airport with wind and solar energy

New Delhi : Tata Power signs 25-year deal to power Noida Airport with wind and solar energy. : Economic Times

Sunsure Energy begins solar power supply to RACL Geartech’s Gajraula plant

New Delhi : Sunsure Energy begins solar power supply to RACL Geartech’s Gajraula plant. : Economic Times

Reliance Power arm Rosa Power prepays Rs 485 cr debt, becomes zero-debt firm

New Delhi : Reliance Power arm Rosa Power prepays Rs 485 cr debt, becomes zero-debt firm. : Economic Times

Tata Power acquires Paradeep Transmission for Rs 18.64 crore

New Delhi : Tata Power on Thursday said it has acquired 100 per cent stake in Paradeep Transmission Ltd, a special purpose vehicle (SPV), for Rs 18.64 crore. The acquisition process was completed on November 6, 2024, the company said in a regulatory filing. : Economic Times

SECI debars Reliance Power, Reliance NU BESS from its tenders for 3 years

New Delhi : Reliance Power Ltd and Reliance NU BESS Ltd have been debarred from participating in SECI tenders for three years for allegedly submitting “fake documents”, as per an official document. : Economic Times

Bangladesh promises over Rs 1,450 crore to Adani for continuous power supply

Dhaka, Bangladesh : The Bangladesh power board has issued a fresh letter of credit (LC) worth $173 million (over Rs 1,450 crore) to Adani Power for continuous power supply, according to people aware of the development. : Economic Times

NHPC Q2 results: Net profit falls 37%, revenue rises to Rs 3,402 cr

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New Delhi : State-owned NHPC on Thursday reported a 37 per cent fall in consolidated net profit to Rs 1,069.28 crore in the September quarter compared to the year-ago period due to exceptional expenses. : Business Standard

Tata Power partners with Noida Airport for Rs 550 cr clean energy project

New Delhi : Tata Power will invest Rs 550 crore to develop solar and wind power capacities and related infrastructure to supply clean energy to Noida International Airport (NIA), a statement said. : Business Standard

Anil Ambani’s Reliance Power debarred from participating in SECI’s tenders for three years

New Delhi : Solar Energy Corp of India (SECI) has debarred Reliance Power and its arm Reliance NU BESS from participating in its future tenders until three years from the issuance of the debarment notice. : pv-magazine.com

Reliance Power claims ‘fraud’ by third party, to challenge SECI ban

New Delhi : In a stock exchange filing later today, Reliance Power said it will take all legal steps to challenge SECI’s action that bars the company from participation in future government tenders for three years. : pv-magazine.com

NHPC adopted principles of sustainable development: CMD at its 50th Raising Day

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New Delhi : NHPC Limited celebrated its 50th Raising Day on Thursday at NHPC Corporate Office, Faridabad and across all its Regional Offices, Power Stations and Projects. NHPC has now entered into its 50th Golden Jubilee Year since its foundation in 1975. : psuwatch.com

SJVN asked to give final response on 3 projects by Jan 15, Sukhu discusses power issues with Khattar

New Delhi : Union Power and Housing and Urban Affairs Minister Manohar Lal Khattar on Thursday directed Satluj Jal Vidyut Nigam Ltd (SJVNL) officials to provide a final response about three power projects by January 15, 2025, a statement issued said. : psuwatch.com

SJVN Q2 Results: Net profit rises to Rs 441 crore, Revenue jumps 17%

New Delhi : State-owned SJVN Ltd. reported a marginal rise in its consolidated net profit at Rs 441 crore for the second quarter ended on September 30, 2024. This was Rs 439.6 crore in the same period of the corresponding previous year. : psuconnect.in

Tata Power to supply wind, solar energy to run Noida airport

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New Delhi : Tata Power announced on Thursday that it has signed an agreement with Noida International Airport (NIA) which will entail a total investment of Rs 550 crore in solar and wind power supply, as well as the development of essential dry utilities and smart energy infrastructure at the airport. : Sarkaritel.com

Youth participation at ADIPEC 2024 focuses on energy transition, career paths

New Delhi : Youth participation at ADIPEC 2024 focuses on energy transition, career paths. : Economic Times

Serentica Renewables to set up 10 GW renewable energy projects in Andhra Pradesh

New Delhi : Serentica Renewables to set up 10 GW renewable energy projects in Andhra Pradesh. : Economic Times

Greenzo Energy bags ?500-cr contract for 120 MW solar project in Nepal

New Delhi : Greenzo Energy bags ?500-cr contract for 120 MW solar project in Nepal. : Economic Times

India to boost energy storage 12-fold to 60 GW by FY32, eyes ?5 trillion investment

New Delhi : India to boost energy storage 12-fold to 60 GW by FY32, eyes ?5 trillion investment. : Economic Times

India’s power transmission sector set for 5X growth, ?10 lakh crore investment by 2032

New Delhi : India’s power transmission sector set for 5X growth, ?10 lakh crore investment by 2032. : Economic Times

Reliance Power to legally challenge Indian clean energy agency’s ban

New Delhi : India’s Reliance Power said on Thursday that it will legally challenge a three-year ban by the country’s top renewable energy agency from participating in its clean energy project tenders. : Economic Times

ONGC-NTPC Combine Wins Exclusivity to Close $800 Million Ayana Stake Sale

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New Delhi : NTPC- ONGC Combine Wins Exclusivity to Close $800 Million Ayana Stake Sale : Mint

Solar Energy Corp bars Anil Ambani’s Reliance Power for 3 years over fake tender document

New Delhi : In a setback for Reliance Power’s green energy plans, Solar Energy Corp. of India (SECI) has barred the Anil Ambani company, its subsidiaries and Reliance NU BESS Ltd from participating in tenders issued by the state-owned company for three years. : Mint

Power Grid Corp Q2 results: Net profit almost flat at Rs 3,793 cr

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New Delhi : State-owned Power Grid Corporation of India (PGCIL) on Wednesday said its consolidated net profit stood almost flat at Rs 3,793.02 crore in the July-September quarter of this financial year. : Business Standard

Greenzo Energy secures 120 MW solar EPC project in Nepal

New Delhi : Greenzo Energy, a full-value chain green hydrogen energy solutions provider, announced today it has secured the engineering, procurement and construction (EPC) contract for a 120 MW ground-mounted solar project in Nepal. : pv-magazine.com

NTPC Celebrates Golden Jubilee With Grand Festivities

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New Delhi : India’s leading power PSU has entered its 50th year with many commemorative events, marking a momentous journey since its founding in 1975. : indianpsu.com

Tata Power acquires Paradeep Transmission for Rs 18.64 crore

New Delhi : Tata Power on Thursday said it has acquired 100 percent stake in Paradeep Transmission Ltd, a special purpose vehicle (SPV), for Rs 18.64 crore. : psuwatch.com

NHPC profit falls by 37% to Rs 1,069.28 crore in Q2

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New Delhi : State-owned NHPC on Thursday reported a 37 percent fall in consolidated net profit to Rs 1,069.28 crore in the September quarter compared to the year-ago period due to exceptional expenses. : psuwatch.com

Glowing 50 years of NTPC Limited

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New Delhi : NTPC Ltd., India’s leading integrated energy company, celebrated its 50th Raising Day at its Western Region-I Headquarters (WR-I HQ), marking a historic milestone in the nation’s power sector. : psuconnect.in

NTPC Bongaigaon Celebrates 50th Raising Day with Grand Festivities and Community Spirit

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New Delhi : NTPC Bongaigaon marked its 50th Raising Day with enthusiasm, hosting a series of celebratory events at its administrative building that brought together employees, families, and the community. : psuconnect.in

Power Grid reports 1.8% rise in consolidated net profit, EBITDA margin stood at 86%

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New Delhi : State-owned Power Grid Corporation of India Ltd reported a 0.3% year-on-year (YoY) increase in net profit at Rs 3,793 crore for the second quarter that ended on September 30. : psuconnect.in


Oil and Gas

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” New Delhi : Considering the ongoing agriculture season, IndianOil started a sales promotion scheme at Kisan Sewa Kendra / Rural Retail Outlets in Western Uttar Pradesh. The scheme has been rolled out at 400 rural retail outlets of IndianOil located in rural marketsspread over 33 districts of Western Uttar Pradesh and continue till 31st December 2024. ” : Sarkaritel.com

TTD and IOCL establish a bio gas plant at Tirumala

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Tirupati : TTD and IOCL establish a bio gas plant at Tirumala. : Economic Times

Govt invites proposals for Centres of Excellence in green hydrogen Under National Mission

New Delhi : Govt invites proposals for Centres of Excellence in green hydrogen Under National Mission. : Economic Times

ONGC-NTPC Combine Wins Exclusivity to Close $800 Million Ayana Stake Sale

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New Delhi : ONGC-NTPC Combine Wins Exclusivity to Close $800 Million Ayana Stake Sale. : Mint

GoI Invites Proposals For Setting Up Centres Of Excellence For Research And Development On Green Hydrogen

New Delhi : The Government of India has invited Proposals for setting up Centres of Excellence (CoE) under Research and Development (R&D) Scheme of National Green Hydrogen Mission. The call for proposals (CfP) has been issued by Ministry of New and Renewable Energy (MNRE) on 4th November 2024. The CfP document can be accessed here. : indianpsu.com

OIL forays into critical mineral mining with its maiden block, plans to scout for assets abroad

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New Delhi : State-run Oil India Limited (OIL) has bagged its maiden critical mineral block on Thursday, marking its foray into the sector. : psuwatch.com

Oil PSUs to join Private forces for worth USD 45 billion project

New Delhi : India’s petrochemical industry is projected to reach USD 300 billion next year, with the potential to grow to an impressive USD 1 trillion by 2040, according to Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri. : psuconnect.in

Oil India secures critical mineral block in Arunachal Pradesh

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New Delhi : Oil India Limited (OIL), a Maharatna central public sector enterprise (CPSE) and a prominent integrated energy company in India has been chosen as the preferred bidder for the Phop Graphite and Vanadium Block located in Arunachal Pradesh. : psuconnect.in

Centre invites proposals to set up Centres of Excellence on Green Hydrogen

New Delhi : The government on Thursday announced to invite proposals for setting up Centres of Excellence (CoEs) in research and development for Green Hydrogen. : Sarkaritel.com

Regulator looks to redefine PNG, insist on transport only by pipeline

New Delhi : The Petroleum and Natural Gas Regulatory Board (PNGRB) is planning to amend the definition of piped natural gas (PNG) in its regulation, overriding objections from some city gas companies, according to people familiar with the matter. : Economic Times

Higher volumes, profitability gains boost Gail’s Q2FY25 performance

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New Delhi : Gail’s second quarter (Q2FY25) performance met expectations. Petchem turned profitable on higher volumes, and trading revenues were in-line. Analysts are pointing at some favourable factors for FY26 and FY27. : Business Standard

Govt invites Proposals for setting up Centres of Excellence for R and D on Green Hydrogen

New Delhi : Centres of Excellence will facilitate integrated research covering multiple areas in the Green Hydrogen value chain. : globalgreenews.com

Indian Oil starts sales promotion scheme at Kisan Sewa Kendra

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New Delhi : Considering the ongoing agriculture season, Indian Oil started a sales promotion scheme at Kisan Sewa Kendra/Rural Retail Outlets in Western Uttar Pradesh. : psuwatch.com

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