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MEDIA UPDATE (DECEMBER 13, 2024)

13-Dec-2024

Power

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” New Delhi : NLC India Limited (NLCIL) proudly announces the commencement of commercial operations of the first unit of its 3 x 660 MW Ghatampur Thermal Power Plant (GTPP) in Uttar Pradesh, developed through Neyveli Uttar Pradesh Power Limited (NUPPL), a joint venture with Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL).” : Sarkaritel.com

Power Grid to construct 100 bedded girls’ hostel and teaching block in Gurugram

526d609c46eb2New Delhi : Power Grid Corporation of India Limited (PGCIL) has signed two Memorandums of Understanding (MoUs) with the Haryana State CSR Trust to fund the construction of a 100-bedded girls’ hostel and a teaching block, and supply of IT, medical, music equipment at Government Girls College, Sector-14, Gurugram. : psuwatch.com

Coal Ministry Issues Letters of Award to Selected Applicants under Categories I & III of Financial Incentive Scheme for Coal Gasification

52c44698bc0a7New Delhi : The Ministry of Coal has reached a significant milestone in India’s Coal Gasification Initiative with the issuance of Letters of Award (LOAs) to the selected applicants under Categories I and III of the ?8,500 crore Coal Gasification Incentive Scheme. : globalgreenews.com

NLC India’s first supercritical power plant starts commercial operation

6255622e3cc21New Delhi : State-owned NLC India Ltd (NLCIL) on Thursday said its first supercritical thermal power plant in Uttar Pradesh has begun commercial operation. The 1,980 MW Ghatampur Thermal Power Plant (GTPP) in Uttar Pradesh is developed by Neyveli Uttar Pradesh Power Ltd (NUPPL), a joint venture between NLC India Ltd and Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd. : Economic Times

Odisha govt approves 7 renewable energy projects worth Rs 1,386 cr

Bhubaneswar : Odisha govt approves 7 renewable energy projects worth Rs 1,386 cr. : Economic Times

Reliance Power forms new arm for renewable energy business; appoints CEO, COO

New Delhi : Reliance Power forms new arm for renewable energy business; appoints CEO, COO. : Economic Times

Govt says 3,000 MW electrolyzer manufacturing capacity coming up in country

New Delhi : Govt says 3,000 MW electrolyzer manufacturing capacity coming up in country. : Economic Times

Odisha govt exempted Rs 4097 cr electricity dues for 14 industries in past 10 years: Minister

Bhubaneswar : Odisha govt exempted Rs 4097 cr electricity dues for 14 industries in past 10 years: Minister : Economic Times

How discussions at COP29 could shape India’s renewable energy future

New Delhi : Dubbed the ‘Finance COP’, the UNFCCC COP29, held in Baku, concluded with an important decision to deliver $300 billion per year under the New Collective Quantified Goal (NCQG) towards climate change initiatives in developing countries. : Business Standard

Sterlite Power raises Rs 725 crore to fuel GPS business expansion

New Delhi : Leading power transmission player Sterlite Power on Thursday announced raising Rs 725 crore for its global products and services (GPS) business from GEF Capital Partners and ENAM Holdings. : Business Standard

Adani Green commissions 250 MW solar power project in Rajasthan

New Delhi : Adani Green Energy Ltd (AGEL) announced today its step-down arm Adani Green Energy Twenty Five Ltd has commissioned a 250 MW solar power project in the Indian state of Rajasthan. : pv-magazine.com

DISCOMs outstanding dues decline 82% in over 2 years to Rs 24,000 crore

New Delhi : Power distribution utilities (Discoms) legacy dues have come down by a whopping 82 percent in over two years to Rs 24,684 crore this month, Parliament was informed on Thursday. : psuwatch.com

Acme Solar surges 4% amid securing 250 MW renewable energy project from NHPC

New Delhi : Acme Solar Holdings Limited secured a 250 MW firm & dispatchable renewable energy (FDRE) project in an NHPC e-auction at a tariff of INR 4.56 per unit. : psuconnect.in

Adani subsidiary Commissioned 250 MW Solar Power Project in Rajasthan

New Delhi : Adani Green Energy Twenty Five Limited, a step-down subsidiary of Adani Green Energy Limited (“AGEL”) has commissioned a 250 MW solar power project at Badi Sid, District: Jodhpur, Rajasthan. : psuconnect.in

Reliance Subsidiary Wins SECI’s 930 MW Solar, 1860 MWh BESS Project

New Delhi : Reliance Subsidiary Wins SECI’s 930 MW Solar, 1860 MWh BESS Project. : saurenergy.com

Shakti Pumps Receives Empanelment Letter From MSEDCL For 25,000 Pumps

New Delhi : Shakti Pumps Receives Empanelment Letter From MSEDCL For 25,000 Pumps. : saurenergy.com

ReNew Energy offered to be taken private in $2.82 bln deal

New Delhi : ReNew Energy offered to be taken private in $2.82 bln deal. : Economic Times

India’s renewable energy capacity logs 14.2% growth at 213.7 GW

New Delhi : India’s renewable energy capacity logs 14.2% growth at 213.7 GW. : Economic Times

COP29 Global Energy Storage and Grids Pledge gains support of 58 nations

New Delhi : COP29 Global Energy Storage and Grids Pledge gains support of 58 nations. : Economic Times

Reliance NU Suntech bags 930-MW solar project with 1,860 MWh storage system SECI

New Delhi : Reliance NU Suntech bags 930-MW solar project with 1,860 MWh storage system SECI. : Economic Times

Discoms outstanding dues decline 82 pc in over 2 years to Rs 24k cr

New Delhi : Power distribution utilities (discoms) legacy dues have come down by a whopping 82 per cent in over two years to Rs 24,684 crore this month, Parliament was informed on Thursday. : Economic Times

Sterlite Power unit raises ?725 crore

New Delhi : A unit of Sterlite Power Transmission Ltd (SPTL) has raised ?725 crore in a primary funding round led by GEF Capital Partners and Enam Holding, according to a senior company official. Sterlite Power is Vedanta Group’s privately held power transmission arm. : Economic Times

Need energy transition without compromising economic growth: CEA Nageswaran

New Delhi : Chief Economic Advisor (CEA) V Anantha Nageswaran on Thursday underlined the need to be cautious about energy transition and said that it should be done without compromising growth. : Business Standard

ReNew to delist from NASDAQ

New Delhi : A consortium of ReNew Energy Global promoters has made a non-binding proposal to buy out the company’s publicly listed shares. : pv-magazine.com

Adani Green Energy’s arm commissions 250 MW solar project

New Delhi : Adani Green Energy on Thursday said its arm has commissioned a 250 MW solar power project at Badi Sid in Jodhpur district, Rajasthan. : psuwatch.com

IREDA chief encourages ICMAI to drive financial & corporate governance leadership excellence

New Delhi : The Institute of Cost Accountants of India (ICMAI) hosted the “CMA Achievers’ Meet: Vision 2030” at Vigyan Bhawan, New Delhi with Shripad Yesso Naik, Union Minister of State for Power and New & Renewable Energy as Chief Guest. : psuwatch.com

India’s peak power demand to grow 18 GW annually from 2024-25 to 2029-30: Minister

New Delhi : India’s peak power demand is expected to grow at an average annual growth of 18 GW during solar hours and 16 GW during non-solar hours from 2024-25 to 2029-30, Minister of State for Power Shripad Yesso Naik told Parliament on Thursday. : psuwatch.com

NLC India’s First Supercritical Power Plant commences operation in UP

6255622e3cc21New Delhi : On Thursday, state-owned NLC India Ltd (NLCIL) said its first supercritical thermal power plant in Uttar Pradesh has begun commercial operation. The 1,980 MW Ghatampur Thermal Power Plant (GTPP) in Uttar Pradesh is developed by Neyveli Uttar Pradesh Power Ltd (NUPPL), a joint venture between NLC India Ltd and Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd. : psuconnect.in

Rooftop Solar: 81,188 Govt Buildings Potent To Generate 3 GW

New Delhi : Rooftop Solar: 81,188 Govt Buildings Potent To Generate 3 GW. : saurenergy.com

India Adds 14.9 GW Of New RE Capacities In 8 Months Of FY25

New Delhi : India Adds 14.9 GW Of New RE Capacities In 8 Months Of FY25. : saurenergy.com

India Stocking up Coal for High Power Demand, Aims 50 mn tn Inventory at Plants by April

New Delhi : India Stocking up Coal for High Power Demand, Aims 50 mn tn Inventory at Plants by April. : Mint

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Oil and Gas

ONGC oil output bucks the trend after 8 years of decline

524e3664f21b1New Delhi : ONGC’s production trend is beginning to turn after eight straight years of fall as a key new field in KG Basin ramps up and the old Mumbai High asset arrests decline. : Economic Times

IOC GIFT city unit funds deals of over 250 million dollars

52c021946ef93New Delhi : Indian Oil Corporation’s GIFT City unit has financed deals worth over $250 million for its group companies in just about a year of operation, helping optimise their borrowing costs, IOC’s finance chief said, adding that the unit aims to reach a target of $1 billion in deals in 8-10 months. : Economic Times

ET Oil & Gas Expo 2024: Oil and gas to remain crucial in India’s energy mix, say Experts

New Delhi : ET Oil & Gas Expo 2024: Oil and gas to remain crucial in India’s energy mix, say Experts. : Economic Times

Iranian oil minister elected OPEC president

New Delhi : Iranian oil minister elected OPEC president. : Economic Times

ET Oil & Gas Expo 2024: India’s pipeline growth needs investments, policy overhaul, say industry experts

New Delhi : ET Oil & Gas Expo 2024: India’s pipeline growth needs investments, policy overhaul, say industry experts. : Economic Times

ET Oil & Gas Expo 2024: LNG market set for balance and expansion as Asia drives demand, say Experts

New Delhi : ET Oil & Gas Expo 2024: LNG market set for balance and expansion as Asia drives demand, say Experts. : Economic Times

Reliance, Rosneft agree on biggest ever India-Russia oil supply deal

New Delhi : Russia’s state oil firm Rosneft has agreed to supply nearly 500,000 barrels per day (bpd) of crude to Indian private refiner Reliance in the biggest ever energy deal between the two countries, three sources familiar with the deal said. : Economic Times

OPEC makes deepest cut yet to world demand forecast

New Delhi : OPEC cut oil demand growth forecasts for this year and next for a fifth straight month, making its deepest reduction to the 2024 outlook so far after agreeing to extend its supply curbs. : Economic Times

Coal gasification projects: Govt gives LoAs to 4 entities for incentives

New Delhi : The government on Thursday gave letters of award to four entities, including BCGCL- a joint venture of CIL-BHEL – for availing fiscal incentives totalling Rs 4,150 crore for setting up coal gasification projects. : Business Standard

Oil little changed as IEA surplus forecast offsets rate cut optimism

New Delhi : Oil prices were little changed on Thursday as a forecast for ample supply in the oil market offset optimism stemming from rising expectations of a US interest rate cut. : Business Standard

GPIIL enters into LNG supply pact with GAIL for upcoming pellet plant

526baa47d40b9New Delhi : Godawari Power and Ispat Ltd (GPIL) on Wednesday (December 11) said it has entered into a seven-year agreement with GAIL (India) Ltd for the supply of regasified liquefied natural gas (RLNG). : psuconnect.in

Oil little changed as demand weakness offsets sanctions-driven supply risks

New Delhi : Oil little changed as demand weakness offsets sanctions-driven supply risks. : Economic Times

India’s renewable energy capacity logs 14.2% growth at 213.7 GW

New Delhi : India’s renewable energy capacity logs 14.2% growth at 213.7 GW. : Economic Times

ET Oil & Gas Expo 2024: Experts emphasize technology and greenfield refineries to shape India’s energy landscape

New Delhi : ET Oil & Gas Expo 2024: Experts emphasize technology and greenfield refineries to shape India’s energy landscape. : Economic Times

Reliance, ReNew among 14 firms bid for incentives for green hydrogen production

New Delhi : Reliance, ReNew among 14 firms bid for incentives for green hydrogen production. : Economic Times

Exxon sets plan to boost oil and gas output by 18%

New Delhi : Exxon sets plan to boost oil and gas output by 18%. : Economic Times

IEA Lifts 2025 Oil-Demand Forecast But Expects Growth to Remain Subdued

New Delhi : IEA Lifts 2025 Oil-Demand Forecast But Expects Growth to Remain Subdued. : Mint

Rosneft, Reliance agree on biggest ever India-Russia oil supply deal

New Delhi : Russia’s state oil firm Rosneft has agreed to supply nearly 500,000 barrels per day (bpd) of crude to Indian private refiner Reliance in the biggest ever energy deal between the two countries, three sources familiar with the deal said. : Business Standard

Rosneft inks record oil supply deal with RIL; to supply up to 500K bpd

New Delhi : Russia’s state-owned oil firm Rosneft has agreed to supply up to 500,000 barrels per day (bpd) of crude oil to Indian upstream oil and gas major Reliance Industries (RIL) in the largest-ever energy deal between the two countries, Reuters reported on Thursday. : Business Standard

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On December 12

New Delhi : Petrol, Diesel Prices Today On December 12, 2024:Oil marketing companies (OMCs) update petrol and diesel prices daily at 6 AM. This practice ensures transparency and adapts to the inherent volatility of these commodities. : news18.com

HPCL signs MoU with Sea6 Energy to develop biofuel production from seaweed biomass

52c021b320336New Delhi : State-owned oil major HPCL and Sea6 Energy Private Limited have entered into a Memorandum of Understanding (MoU) for R&D collaboration to take up joint development and commercialization of technologies for valorizing seaweed biomass, as announced in a company statement on Wednesday. : psuconnect.in

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