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MEDIA UPDATE (DECEMBER 18, 2024)

18-Dec-2024

Power

India added 15 GW of green energy capacity in April-Nov: Pralhad Joshi

New Delhi : India has added nearly 15 GW of renewable energy capacity during April-November in the current financial year, which is almost double the 7.54 GW added during the same period last year, Union New and Renewable Energy Minister Pralhad Joshi said on Tuesday. : Sarkaritel.com

NTPC Issues BoS Tender For 1.5 GW Of Solar Project At Bikaner

526d57314ba45New Delhi : NTPC Issues BoS Tender For 1.5 GW Of Solar Project At Bikaner. : saurenergy.com

Uttarakhand sets target to generate 2500MW solar power by 2027

Dehradun : Uttarakhand sets target to generate 2500MW solar power by 2027. : Economic Times

Bangladesh’s electricity imports from Adani plant slide by a third in November

Dhaka, Bangladesh : Bangladesh’s electricity imports from Adani plant slide by a third in November. : Economic Times

37 coal mines in Odisha have approved mine closure plans: Min

New Delhi : 37 coal mines in Odisha have approved mine closure plans: Min. : Economic Times

Reliance Power arm wins SECI contract for 930 MW solar, battery storage project

New Delhi : Reliance Power arm wins SECI contract for 930 MW solar, battery storage project. : Economic Times

India’s power demand to exceed 700 GW by 2047: EY-CII Report

New Delhi : India’s power demand to exceed 700 GW by 2047: EY-CII Report. : Economic Times

Japan to make renewables top power source by 2040

Tokyo, Japan : Japan to make renewables top power source by 2040. : Economic Times

Urja Vikas issues fresh tender for 3,200 MW thermal projects

New Delhi : Urja Vikas issues fresh tender for 3,200 MW thermal projects. : Economic Times

India’s renewable energy capacity addition doubled to 15 GW in Apr-Nov: Pralhad Joshi

New Delhi : India’s renewable energy capacity addition almost doubled to 15GW during the April-November period of this fiscal compared a year ago, indicating India’s commitment towards the target of 500GW non-fossil capacity by 2030, Union New & Renewable Energy Minister Pralhad Joshi said on Tuesday. : Mint

India scraps duty-free import scheme for solar power equipment

New Delhi : India has scrapped a policy allowing duty-free imports of equipment for solar power generation owing to concerns over revenue losses. : Mint

India needs greater support to achieve 2030 clean energy goals: Report

New Delhi : India is on track to meet its 2030 clean energy goals for solar power and battery energy storage systems (BESS), but immediate government support is needed to accelerate the deployment of offshore wind and green hydrogen (GH2), according to a new report. : Business Standard

Bangladesh’s electricity imports from Adani plant drop 33% in November

Dhaka, Bangladesh : Bangladesh’s electricity imports from an Adani Power plant in India fell by nearly a third in November, Indian government data showed, pushing the south Asian nation to boost fuel oil use for power generation. : Business Standard

Grew Energy gets order to supply 500 MW modules for solar project in Rajasthan

New Delhi : Grew Energy on Tuesday said it has secured a contract to supply 500 MW of PV modules for an upcoming solar project in Rajasthan. : psuwatch.com

CBIC rescinds deferred payment of customs duty benefit available to solar power companies

New Delhi : The Central Board of Indirect Taxes and Customs (CBIC) has rescinded customs duty deferment benefits available to solar power generation companies supplying electricity storing imported goods in customs bonded warehouses. : psuwatch.com

Solar Energy Corporation of India gives Letter of Award to Reliance NU Suntech for BESS Projects

New Delhi : Reliance Power Limited subsidiary, Reliance NU Suntech Private Limited (Reliance NU Suntech) received the Letter of Award from Solar Energy Corporation of India (SECI) for its proposed Solar 930 MW and 465 MW/1860 MWh Battery Energy Storage System (BESS) projects. : psuconnect.in

Government has no plans to revise royalty on coal

New Delhi : Government has no plans to revise royalty on coal. : Economic Times

Govt to push for green energy financing; MNRE minister to meet bank CEOs in January

New Delhi : Govt to push for green energy financing; MNRE minister to meet bank CEOs in January. : Economic Times

India’s solar energy agency changes bidding policy after Adani bribery allegations, says source

New Delhi : India’s solar energy agency changes bidding policy after Adani bribery allegations, says source. : Economic Times

Grew Energy to supply 500-MW module for Jindal Renewable’s upcoming solar project

New Delhi : Grew Energy to supply 500-MW module for Jindal Renewable’s upcoming solar project. : Economic Times

Adani Energy Solutions forms new arm for power transmission

New Delhi : Adani Energy Solutions Ltd (AESL) on Tuesday said it has formed a new subsidiary entity for transmission, distribution and power supply. : Economic Times

New and renewable energy minister Joshi to meet bank chiefs on increasing green project financing in January

New Delhi : Union minister for new and renewable energy Pralhad Joshi will meet bank chiefs and chairpersons in January to discuss increasing financing for renewable energy projects. : Mint

India’s RE capacity addition doubled to 15 GW in Apr-Nov: Pralhad Joshi

New Delhi : India’s renewable energy capacity addition almost doubled to 15GW during the April-November period of this fiscal compared a year ago, indicating India’s commitment towards the target of 500GW non-fossil capacity by 2030, Union New & Renewable Energy Minister Pralhad Joshi said on Tuesday. : Business Standard

Oriana Power jumps 9% after MoU with Rajasthan govt for renewable projects

New Delhi : Oriana Power surged up to 8.79 per cent at 2,699.95 per share on the NSE in Tuesday’s intraday deals. : Business Standard

Grew Energy to supply 500 MW of PV modules for Jindal Renewable’s solar project

New Delhi : Grew Energy is set to supply 500 MW of PV modules for Jindal Renewable’s upcoming solar power project in Rajasthan. The company stated its research and development centre has designed these modules to ensure outstanding performance, effectively meeting the needs of commercial and industrial clients. : pv-magazine.com

India to Become Renewable Energy Capital of the World: Union Minister Pralhad Joshi

New Delhi : Highlighting India’s remarkable growth in renewable energy, Union Minister for New and Renewable Energy, Shri Pralhad Joshi said that India is not only witnessing an energy revolution but also becoming the renewable energy capital of the world. : globalgreenews.com

Coal & Lignite Public Sectors establishes 16 Eco-Parks over last 5 years to promote tourism

New Delhi : Under the guidance of the Ministry of Coal, Coal, and Lignite Public Sector Undertakings (PSUs) have established 16 eco-parks and mine tourism sites in and around coal mining areas over the past five years. : psuconnect.in

Maharashtra Discom Issues Tender For 1 GW RTC Power Supply

New Delhi : Maharashtra Discom Issues Tender For 1 GW RTC Power Supply. : saurenergy.com

Railways Setup 3.7 MW Of Solar Plants Along Track, Says MNRE

New Delhi : Railways Setup 3.7 MW Of Solar Plants Along Track, Says MNRE. : saurenergy.com

Reliance NU Suntech secures 930 MW solar, 465 MW battery energy projects

New Delhi : Reliance Power on Tuesday said its arm Reliance NU Suntech has secured a solar project of 930 MW and 465 MW battery energy storage system (BESS) project from Solar Energy Corporation of India (SECI). : Business Standard

IMFA forms joint venture with JSW Green Energy

New Delhi : Indian Metals & Ferro Alloys Ltd (IMFA), a fully integrated producer of ferro chrome, has announced a joint venture with JSW Green Energy to source renewable energy for its smelting operations. : pv-magazine.com

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Oil and Gas

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” New Delhi : Trailukya Borgohain has been appointed as Director (Operations) of Oil India Limited (OIL) on 17 December 2024, India’s oldest oil and gas Exploration and Production (E&P) company and a Maharatna CPSE under the Government of India.” : Sarkaritel.com
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” New Delhi : Mangalore Refinery and Petrochemicals Limited (MRPL) announces the commissioning of its new Bitumen production train, powered by advanced ‘Biturox’ technology from the global leaders in Bitumen solutions, Pörner, Austria. Engineered by the premier Indian consulting firm Engineers India Limited (EIL), the additional train represents a major leap forward for MRPL and the regions infrastructure development.” : Sarkaritel.com

Oil prices in holding pattern ahead of Federal Reserve decision

New Delhi : Oil prices in holding pattern ahead of Federal Reserve decision. : Economic Times

Indian Oil aims to raise Rs 15,000 crore via debt

52c021946ef93New Delhi : Indian Oil Corporation aims to secure Rs 15,000 crore in long-term debt by March 2025, with about 30% of it coming from foreign currency loans and bonds, to fund its capital spending, said its finance chief. : Economic Times

Oil dips on demand concerns, focus on US Fed interest rate decision

New Delhi : Oil prices were down on Tuesday as China’s economic data renewed demand concerns, while investors remained cautious ahead of the US Federal Reserve’s interest rate decision. : Business Standard

India’s green hydrogen leap presents INR 8-10 trillion opportunity

New Delhi : A new report by SBICAPS says India would need a massive INR 8-10 trillion investment by 2030 to develop its green hydrogen ecosystem envisaged under the National Green Hydrogen Mission. : pv-magazine.com

Trailukya Borgohain assumes charge as Director (Operations) of Oil India Ltd

65ddd7d2b5295New Delhi : Trailukya Borgohain has assumed charge as Director (Operations) of Oil India Limited (OIL) on Tuesday. Oil India Limited (OIL) is India’s oldest oil and gas Exploration and Production (E&P) company and a Maharatna CPSE under the Ministry of Petroleum & Natural Gas (MoPNG). : psuwatch.com

Maharatna Oil PSU, Oil India to explore Mahanadi onshore basin for Oil and Natural Gas

65ddd7d2b5295New Delhi : Oil CPSE, Oil India Limited is exploring around 15,000 sq km area of Mahanadi onshore basin to look for oil and natural gas according to the Oil India chairman and managing director (CMD) Ranjit Rath, and he said the exploration work is underway at the Mahanadi onshore basin and Odisha has the likelihood to immensely benefit out of it. : psuconnect.in

HPCL approves Rs 4,679-crore modernisation project in Mumbai refinery

52c021b320336New Delhi : State-owned Hindustan Petroleum Corporation Limited announced on Monday, December 16, that its board of directors has approved a modernization project at its Mumbai refinery. : psuconnect.in

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On December 17

New Delhi : Petrol, Diesel Prices Today On December 17, 2024: Oil Marketing Companies (OMCs) update petrol and diesel prices daily at 6 a.m., ensuring transparency and reflecting the volatility of global crude oil markets. : news18.com

Hydrogen demand to hit 20 million tonnes by 2030, needs ?8-10 trillion investment: Report

New Delhi : Hydrogen demand to hit 20 million tonnes by 2030, needs ?8-10 trillion investment: Report. : Economic Times

Oil dips on demand concerns, focus on Fed meeting

New Delhi : Oil dips on demand concerns, focus on Fed meeting. : Economic Times

BMC, Oil India Limited partner to launch bio-gas plant

65ddd7d2b5295New Delhi : BMC, Oil India Limited partner to launch bio-gas plant. : Economic Times

Oil washes up on Russia’s Black Sea coast after tankers damaged, governor says

New Delhi : Oil washes up on Russia’s Black Sea coast after tankers damaged, governor says. : Economic Times

‘Seaweed to fuel’: HPCL, Sea6 Energy sign MoU for sustainable innovation

52c021b320336New Delhi : ‘Seaweed to fuel’: HPCL, Sea6 Energy sign MoU for sustainable innovation. : Economic Times

Barmer refinery & petrochem hub may begin processing crude next month

New Delhi : With pre-commissioning of multiple units already being done, Hindustan Petroleum Corporation Ltd (HPCL)’s upcoming 9 million metric tonnes per annum (MMTPA) capacity refinery in Rajasthan’s Barmer may begin processing crude oil in the first month of 2025, official sources said. : Business Standard

India needs greater support to achieve 2030 clean energy goals: Report

New Delhi : India is on track to meet its 2030 clean energy goals for solar power and battery energy storage systems (BESS), but immediate government support is needed to accelerate the deployment of offshore wind and green hydrogen (GH2), according to a new report. : Business Standard

US-indexed LNG catches the fancy of Indian firms on Trump’s return

New Delhi : Nearly 13 years after Gail, a state-run gas distributor, had agreed to source liquefied natural gas (LNG) from two American projects at Henry Hub-linked prices, India is taking the same path under short-term contracts and based on the same formula. : Business Standard

Godavari to invest Rs 130 crore for enhancing ethanol production

New Delhi : Godavari Biorefineries on Monday announced a Rs 130-crore investment to enhance ethanol production. The investment will be in a corn/grain-based distillery to further strengthen its ethanol production capabilities, the company said in a statement. : psuwatch.com

MRPL commissions bitumen production unit using cutting-edge technology

52c0207805fb2Mangalore : Mangalore Refinery and Petrochemicals Limited (MRPL) on Tuesday announced the commissioning of a new bitumen production unit, leveraging the cutting-edge ‘Biturox’ technology developed by an Austrian firm. : psuwatch.com

MRPL Commissions State-of-the-Art Bitumen Production Train

52c0207805fb2New Delhi : Mangalore Refinery and Petrochemicals Limited (MRPL) proudly announces the commissioning of its new Bitumen production train, powered by cutting-edge ‘Biturox’ technology from global leaders Pörner, Austria, and engineered by Engineers India Limited. : psuconnect.in

Oil India Ltd and Bhubaneswar Municipal Corporation join hands for Rs 175 crore biogas project

65ddd7d2b5295New Delhi : The Bhubaneswar Municipal Corporation (BMC) and Oil India Limited (OIL) on Monday signed a Memorandum of Understanding (MoU) for the establishment of a biogas plant in Bhubaneswar so that the green waste generated from the city could be better used for biogas and organic Manure. : psuconnect.in

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