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MEDIA UPDATE (DECEMBER 06, 2024)

06-Dec-2024

Power

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” New Delhi : REC Limited, a Maharatna CPSU under Ministry of Power and a leading NBFC, has been honoured with Golden Peacock Award 2024 for Excellence in Corporate Governance. The award was presented by the Golden Peacock Awards Secretariat and Institute of Directors in a ceremony held in London.” : Sarkaritel.com

Power Grid pays Rs 2067.68 crore dividend for FY25

526d609c46eb2New Delhi : Union Minister of Power, Shri Manohar Lal, was presented with a cheque of Rs 2067.68 Cr. for FY24-25 as the first interim dividend from Shri R. K. Tyagi, CMD POWERGRID, in the presence of Shri Pankaj Agarwal, Secretary (Power), Board of Directors of POWERGRID and other senior officials from MOP and POWERGRID. : psuconnect.in

Coal Ministry launches 11th round of commercial coal mine auctions, 27 coal blocks on offer

52c44698bc0a7New Delhi : Union Minister for Coal G Kishan Reddy launched the 11th round of commercial coal mine auctions on Thursday with a total of 27 coal blocks on offer at New Delhi. : psuwatch.com

REC wins Golden Peacock Award 2024 for Excellence in Corporate Governance

524db06275b53Gurgoan, Haryana : REC Limited, a Maharatna CPSU under Ministry of Power and a leading NBFC, has been honoured with Golden Peacock Award 2024 for Excellence in Corporate Governance. : psuconnect.in

1.45 crore register under PM’s rooftop solar scheme, 6.34 lakh panels installed

New Delhi : Around 1.45 crore registrations have been done and 6.34 lakh installations were completed under the PM Surya Ghar Muft Bijli Yojana, according to a statement in Parliament. : Sarkaritel.com

Cabinet allocates more land to industrial park for energy equipment production

New Delhi : Cabinet allocates more land to industrial park for energy equipment production. : Economic Times

FICCI, MAHAPREIT sign MoU to promote renewable energy in Maharashtra

New Delhi : FICCI, MAHAPREIT sign MoU to promote renewable energy in Maharashtra. : Economic Times

Refex Green Power sets up subsidiary to set up 100 MW NTPC solar project

New Delhi : Refex Renewables & Infrastructure announced today its arm Refex Green Power has incorporated a new company, Refex Solar SPV Five, to set up a 100 MW solar power project awarded by NTPC Ltd. : pv-magazine.com

SECI Seeks Proposal To Finance 300 MW Solar Project In Andhra

New Delhi : SECI Seeks Proposal To Finance 300 MW Solar Project In Andhra. : saurenergy.com

Rajasthan Issues New Policy To Offer Incentives For RE Projects

New Delhi : Rajasthan Issues New Policy To Offer Incentives For RE Projects. : saurenergy.com

Centre aims to supply solar power to 1 crore households by 2027

New Delhi : The PM Surya Ghar Muft Bijli Yojana aims to supply solar power to one crore households by March 2027, the government reiterated on Thursday. : Sarkaritel.com

PM Surya Ghar Scheme achieves 6.3 lakh solar installations in nine months

New Delhi : PM Surya Ghar Scheme achieves 6.3 lakh solar installations in nine months. : Economic Times

Govt to launch 11th round of commercial coal mine auctions offering 27 blocks

New Delhi : Govt to launch 11th round of commercial coal mine auctions offering 27 blocks. : Economic Times

India hits solar module manufacturing capacity of 63 GW

New Delhi : India has reached a solar PV module manufacturing capacity of around 63 GW as per the Approved List of Models & Manufacturers (ALMM) published by the Ministry of New and Renewable Energy. : pv-magazine.com

REC wins Golden Peacock Award 2024 for excellence in corporate governance

524db06275b53New Delhi : REC Limited on Thursday announced that it has been honoured with Golden Peacock Award 2024 for excellence in corporate governance. The award has been presented by the Golden Peacock Awards Secretariat and Institute of Directors in a ceremony held in London. : psuwatch.com

Tata Power-DDL, THDC sign MoU to train professionals in energy sector

New Delhi : Tata Power Delhi Distribution Limited (Tata Power-DDL), a leading power utility supplying electricity to a populace of around 9 million in North Delhi and THDC India Limited. : psuconnect.in

Gujarat, Maharashtra Top In PM-KUSUM (Comp-C): Data

New Delhi : Gujarat, Maharashtra Top In PM-KUSUM (Comp-C): Data. : saurenergy.com

MP Govt Approves 442.04 Acre Land For RE Equipment Manufacturing

New Delhi : MP Govt Approves 442.04 Acre Land For RE Equipment Manufacturing. : saurenergy.com

Bihar Awards Solar Streetlight Contract To Bondada Engineering

New Delhi : Bihar Awards Solar Streetlight Contract To Bondada Engineering. : saurenergy.com

REC Limited Honoured with Golden Peacock Award 2024 for Corporate Governance Excellence

524db06275b53New Delhi : REC Limited Honoured with Golden Peacock Award 2024 for Corporate Governance Excellence. : newsip.in

Reddy urges ICB thermal power plants to switch to tech that allows use of domestic coal

New Delhi : Minister for Coal G Kishan Reddy urged imported coal-based (ICB) thermal power plants to switch to technologies that will allow them to use domestic coal. Speaking at the launch of the 11th round of commercial coal mine auctions, the minister said that it is the government’s policy to reduce coal imports to zero wherever possible. : psuwatch.com

Meja Urja Nigam board approves first dividend payment to NTPC, UPRVUNL

New Delhi : UP-based Meja Urja Nigam Pvt Ltd (MUNPL) said its board, approved the first interim dividend of Rs 350 crore for the current financial year. : psuconnect.in

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Oil and Gas

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” New Delhi : Member of Parliament from New Delhi, Bansuri Swaraj today flagged off two Mobile Medical Units (MMUs) here under CSR Project of GAIL (India) Limited. In addition, GAIL handed over one advanced life support ambulance to AIIMS, New Delhi.” : Sarkaritel.com

IGL plans bonus share issue, details to be finalized at upcoming meeting

52c0218270807New Delhi : IGL plans bonus share issue, details to be finalized at upcoming meeting. : Economic Times

ONGC honored for ‘Best CSR Impact’ by NAB

524e3664f21b1New Delhi : The National Association for the Blind (NAB) has honored ONGC with the prestigious “NAB Sarojini Trilok Nath National Award 2024” in the ‘Best CSR Impact’ category. : psuconnect.in

Oil prices rise with all eyes on OPEC+ supply decision

New Delhi : Oil prices rise with all eyes on OPEC+ supply decision. : Economic Times

GAIL flags off mobile medical units, donates advanced life support ambulance to AIIMS

526baa47d40b9New Delhi : GAIL (India) Limited has bolstered its Corporate Social Responsibility (CSR) initiatives by launching two Mobile Medical Units (MMUs) and donating an advanced life support ambulance to AIIMS, New Delhi. : psuwatch.com

Kuwait Petroleum Corporation explores strategic oil storage in India

New Delhi : Kuwait Petroleum Corporation explores strategic oil storage in India. : Economic Times

Oil slightly firmer ahead of OPEC+ supply decision

New Delhi : Oil slightly firmer ahead of OPEC+ supply decision. : Economic Times

Rising costs squeeze intermediaries out of thriving Russian oil trade with India

New Delhi : Rising costs squeeze intermediaries out of thriving Russian oil trade with India. : Economic Times

Kuwait Petroleum Explores Storing Crude in Indian Strategic Reserves

New Delhi : Kuwait Petroleum Explores Storing Crude in Indian Strategic Reserves. : Mint

Oil Holds Drop as OPEC Decision on Supply Takes the Spotlight

New Delhi : Oil steadied after a decline, with traders looking ahead to an OPEC meeting on Thursday that’s expected to see the cartel again defer a move to revive output in an already well-supplied market. : Mint

Norway’s Equinor, Shell plan to form UK oil and gas joint venture

New Delhi : Norway’s Equinor and Shell announced on Thursday plans to merge their British offshore oil and gas assets into a joint venture, equally owned by both companies. : Business Standard

Oil prices slightly up ahead of decision on supply cut in Opec+ meet

New Delhi : Oil prices were up slightly on Thursday ahead of an Opec+ meeting later in the day, with investors waiting to see what the producer group would do next on supply cuts while also monitoring geopolitical tension in the Middle East. : Business Standard

GAIL’s Mobile Medical Units to provide services about 80 patients per day

526baa47d40b9New Delhi : Hon’ble Member of Parliament from New Delhi, Ms. Bansuri Swaraj today flagged off two Mobile Medical Units (MMUs) here under CSR Project of GAIL (India) Limited. : psuconnect.in

City Gas distributor Indraprastha Gas Ltd to consider free share issue in board meet

New Delhi : The board of Indraprastha Gas Ltd. will meet on December 10 to consider a bonus issue of shares. This is the first time that the company will declare a free share issue for its shareholders. With this, IGL has also become the first among its players to consider a proposal to issue free shares to its shareholders. : psuconnect.in

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On December 5

New Delhi : Petrol, Diesel Prices Today On December 05, 2024: Oil marketing companies (OMCs) update petrol and diesel prices daily at 6 am, maintaining consistency despite the inherent volatility of these commodities. : news18.com

US sanctions 2 Indian shipping sector companies alleging involvement in Iran oil trade

New Delhi : US sanctions 2 Indian shipping sector companies alleging involvement in Iran oil trade. : Economic Times

Equinor, Shell to form UK North Sea’s largest independent oil and gas producer

New Delhi : Equinor, Shell to form UK North Sea’s largest independent oil and gas producer. : Economic Times

Shell, Norway’s Equinor to merge offshore assets for creating UK’s largest oil & gas firm in joint venture

New Delhi : British energy giant Shell and Norway’s Equinor announced plans on Thursday, December 5, to merge their UK offshore oil and gas assets to create a new jointly owned company. : Mint

Exclusive-Rising costs squeeze intermediaries out of thriving Russian oil trade with India

New Delhi : Three trading houses have become dominant sellers of Russian oil to India as many smaller players dropped out of the business due to high funding costs in Russia and lack of access to Western funds, according to data and six trading sources. : Mint

Rising costs squeeze intermediaries out of Russian oil trade with India

New Delhi : Three trading houses have become dominant sellers of Russian oil to India as many smaller players dropped out of the business due to high funding costs in Russia and lack of access to Western funds, according to data and six trading sources. : Business Standard

Russia’s Rosneft invested $20 bn in India, says govt quoting Putin

New Delhi : Russian oil producer Rosneft invested $20 billion in India recently, the Indian government quoted Russian President Vladimir Putin as saying in a statement on Thursday, without giving details. : Business Standard

Opec+ agrees to delay oil hike plans until April, extends cuts into 2026

New Delhi : Opec+ has agreed to delay plans to raise oil output until April from January 2025 and the group will also take one extra year to fully unwind the cuts by the end of 2026, Opec sources said. : Business Standard

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