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MEDIA UPDATE (DECEMBER 21, 2024)

21-Dec-2024

Power

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” New Delhi : Continuing the march towards promotion of sustainable development of energy and efforts to ensure energy for everyone, NHPC Limited (a Navratna enterprise of Govt. of India) and Department of Industries, Govt. of Bihar exchanged ‘Intent for Investment’ MoU during the ongoing Bihar Business Connect 2024 (Global Investor Summit) at Patna on 20.12.2024.” : Sarkaritel.com

NTPC Renewable starts commercial supply of 30 MW electricity from 150 MW solar proj in Gujarat

526d57314ba45New Delhi : NTPC Renewable starts commercial supply of 30 MW electricity from 150 MW solar proj in Gujarat. : Economic Times

NHPC plans to invest Rs 5,500 crore in renewable energy in Bihar

526a36c266c1eNew Delhi : NHPC plans to invest Rs 5,500 crore in renewable energy in Bihar. : Economic Times

Bihar govt to soon announce policy for renewable energy sector

Patna : Bihar govt to soon announce policy for renewable energy sector. : Economic Times

Renewables see 60% growth in financing, coal firms secure $3 billion in corporate loans: Report

New Delhi : Renewables see 60% growth in financing, coal firms secure $3 billion in corporate loans: Report. : Economic Times

Waaree Renewables Technologies board okays NSE listing

New Delhi : Waaree Renewables Technologies board okays NSE listing. : Economic Times

Servotech Power Systems rebrands as Servotech Renewable Power System

New Delhi : Servotech Power Systems rebrands as Servotech Renewable Power System. : Economic Times

Delhi LG inaugurates 2 MW solar park

New Delhi : Delhi LG inaugurates 2 MW solar park. : Economic Times

NTPC plans to set up nuclear project in Bihar: CMD Gurdeep Singh

526d57314ba45New Delhi : NTPC plans to set up nuclear project in Bihar: CMD Gurdeep Singh. : Economic Times

Tata Power and Canara Bank partner to promote rooftop solar systems

New Delhi : Tata Power and Canara Bank partner to promote rooftop solar systems. : Economic Times

NHPC to invest Rs 5,500 cr in setting up 1,000 MW solar project in Biha

526a36c266c1eNew Delhi : NHPC Ltd, India’s largest hydropower company, will invest Rs 5,500 crore in setting up a 1,000 megawatt solar power project in Bihar, its chairman and managing director Raj Kumar Chaudhary said Friday. : Business Standard

India’s solar PV cell manufacturing capacity to reach 60 GW by FY 2027

New Delhi : India’s solar manufacturing capacity is poised for a healthy growth over the next two-three years, with 50 GW of PV cell and 80 GW of module manufacturing capacities, respectively, in the pipeline. : pv-magazine.com

Adani Group to invest Rs 28,000 crore in thermal power, other projects in Bihar

New Delhi : Billionaire Gautam Adani’s group will invest about Rs 28,000 crore in setting up a ultra-super critical thermal power plant as well as expanding cement production capacity, food processing and logistics business in Bihar as the ports-to-energy conglomerate charts aggressive growth plans. : psuwatch.com

SJVN’s Rampur Hydro Power Station reaches energy generation target ahead of Schedule

New Delhi : State-run SJVN’s 412 MW Rampur Hydro Power Station (RHPS) has reached its annual energy generation target of 1,878.08 million units for FY 2024-25, more than three months ahead of schedule. : psuconnect.in

NHPC plans to infuse Rs 5,500 Crore for Renewable Energy Sector in Bihar

526a36c266c1eNew Delhi : NHPC plans to invest Rs 5,500 crore in Bihar’s renewable energy sector, which is essential for India’s transition to sustainable energy, said CMD Raj Kumar Chaudhary on Thursday. : psuconnect.in

Coal ministry holds pre-bid meeting for 11th round of commercial mine auctions

52c44698bc0a7New Delhi : The Ministry of Coal conducted a pre-bid meeting for the 11th round of commercial coal mine auctions, offering 27 coal mines. : Economic Times

Adani Group to invest ?29,750 crore in Bihar, create over 77,000 jobs

New Delhi : Adani Group to invest ?29,750 crore in Bihar, create over 77,000 jobs. : Economic Times

Acme Solar commissions 1023 MW solar capacity in Rajasthan

New Delhi : Acme Solar commissions 1023 MW solar capacity in Rajasthan. : Economic Times

Tata Power-DDL, Baaz Bikes sign MoU for EV battery swapping stations in Delhi

New Delhi : Tata Power-DDL, Baaz Bikes sign MoU for EV battery swapping stations in Delhi. : Economic Times

RIL picks 26% stake in Adani Power project

52c0214f2a5ecNew Delhi : RIL picks 26% stake in Adani Power project. : Economic Times

House panel calls for single-window system, template for power purchase pacts

New Delhi : The Lok Sabha’s Estimates Committee has recommended that the renewable energy ministry come up with a single-window system and develop standardized power purchase agreement (PPA) templates while setting definite timelines for various approvals to expedite the signing of such pacts. : Mint

Tata Power, Canara Bank partner to offer loans for rooftop solar systems

New Delhi : Tata Power Renewable Energy, a unit of Tata Power, has partnered with state-run Canara Bank to drive the adoption of rooftop solar systems under the government-backed PM Surya Ghar Scheme, offering affordable financing options to Indian households. : Business Standard

Madhya Pradesh to meet 50% of its power needs through solar energy by 2030: Chief minister Mohan Yadav

Bhopal : Madhya Pradesh chief minister Mohan Yadav said this week that Madhya Pradesh aims to fulfill half of its electricity requirements through solar energy by 2030. : pv-magazine.com

NHPC to invest Rs 5,500 crore in setting up 1,000 MW solar project in Bihar

526a36c266c1eNew Delhi : NHPC Limited will invest Rs 5,500 crore in setting up a 1,000 megawatt solar power project in Bihar, its chairman and managing director Raj Kumar Chaudhary said Friday. : psuwatch.com

Coal sector role key to country’s journey towards energy security, economic growth: G Kishan Reddy

New Delhi : Union Minister G Kishan Reddy has stressed on the key role of the coal sector in the country’s journey towards energy security and economic growth. : psuwatch.com

Tata Power RE Limited Partners with Canara Bank to Promote PM Surya Ghar Scheme

New Delhi : Tata Power Renewable Energy Limited has joined with Canara Bank to promote the adoption of rooftop solar systems under the PM Surya Ghar Scheme. : psuconnect.in

Zodiac Energy Receives Its First International Solar Order

New Delhi : Zodiac Energy Receives Its First International Solar Order. : saurenergy.com

Adani Group to invest Rs 28,000 crore in Bihar for power, cement, food processing projects

New Delhi : The Adani Group, led by billionaire Gautam Adani, is set to make significant investments in Bihar, amounting to approximately Rs 28,000 crore, as part of its aggressive expansion strategy. : Economic Times

Adani to invest ?20,000 crore in proposed supercritical thermal power plant in Bihar

New Delhi : Billionaire Gautam Adani’s conglomerate has announced plans to invest ?20,000 crore in establishing a supercritical thermal power plant in Bihar. : Mint

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Oil and Gas

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” New Delhi : ongc videsh ltd. has been adjudged winner of the 17th BML Munjal Award for Business Excellence in Learning & Development in The Public Sector Category. The awards were given away by the Chief Guest, Piyush Goyal, Minister of Commerce and Industry, and the Guest of Honour, Amitabh Kant, India’s G20 Sherpa. Rajarshi Gupta, MD & CEO of ONGC Videsh received the award on behalf of the company.” : Sarkaritel.com
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” Mangalore : Mangalore Refinery and Petrochemicals Limited (MRPL), in collaboration with CAD Foundation Trust, has taken a significant step to enhance primary healthcare services in Dakshina Kannada district. As part of this initiative, 64 ECG machines were distributed to Primary Health Centres (PHCs) and Namma Clinics across the district.” : Sarkaritel.com
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” Mangalore : Mangalore Refinery and Petrochemicals Limited (MRPL) had organized an artificial limb camp for individuals affected by endosulfan exposure in the Puttur and Belthangady regions. This noble initiative was undertaken in collaboration with the Jaipur Foot organization and with the support of the Dakshina Kannada District Health Department.” : Sarkaritel.com

Oil prices fall on demand concerns, strong dollar

New Delhi : Oil prices fall on demand concerns, strong dollar. : Economic Times

Developed countries spent more on fossil fuel subsidies in 2023 than new climate finance package

New Delhi : Developed countries spent more on fossil fuel subsidies in 2023 than new climate finance package. : Economic Times

India’s BPCL buys first Argentinian crude oil cargo for Feb delivery

52c021a3416f1New Delhi : India’s Bharat Petroleum Corp Ltd has bought its first crude oil cargo from Argentina, two trade sources said on Friday, part of the company’s effort to diversify the grades processed at its refineries. : Economic Times

Atlantic Navigation from India sanctioned for trade of Iranian petroleum

New Delhi : India-based Atlantic Navigation OPC Private Limited was slapped with American sanctions on Thursday on charges of trade of Iranian petroleum and petrochemicals. : Business Standard

Number of gas leak incidents rose to 30 in 2023; maximum in Gujarat

New Delhi : The number of gas and chemical leakage accidents in India more than doubled to 30 in the last decade, with Gujarat accounting for majority of the incidents in 2023, according to data presented in Parliament on Friday. : psuwatch.com

Indian Oil Board approves Rs 4,382-crore investment for Odisha yarn project

52c021946ef93New Delhi : State-owned Indian Oil Corporation Ltd said its board has approved the investment for setting up a yarn project at Bhadrak, Odisha, in a 50:50 joint venture with MCPI Private Ltd. : psuconnect.in

Petrol and diesel prices slightly increased in Bhubaneswar, Check updated rates here

Bhubaneswar : The petrol and diesel prices have increased slightly in the capital city, Bhubaneswar in the last 24 hours. On December 20, 2024, petrol has been priced at Rs 101.11 per liter while diesel costs Rs 93.26 per litre. : kalingatv.com

IOC to invest over Rs 21,000 cr in Bihar refinery expansion, city gas projects

52c021946ef93New Delhi : IOC to invest over Rs 21,000 cr in Bihar refinery expansion, city gas projects. : Economic Times

AG&P to invest Rs 8,000 crore in expanding city gas network

New Delhi : Global infrastructure investor I-Squared Capital-backed city gas distribution (CGD) player AG&P Pratham will spend up to Rs 8000 crore in expanding city gas network across the country in the next three years, according to sources familiar with the development. : Economic Times

Swan Energy, Singapore’s AG&P Plan JV for LNG operations

New Delhi : Nikhil Merchant-owned Swan Energy has signed a preliminary agreement with Singapore’s AG&P Terminals & Logistics to form a joint venture for supplying liquefied natural gas in India and other countries, the company said in a regulatory filing on Friday. : Economic Times

Bharat Petroleum buys 1 million barrels of Argentinian crude oil for the first time

52c021a3416f1New Delhi : The state-owned Bharat Petroleum Corp Ltd (BPCL) has purchased its first crude oil cargo from Argentina in an effort to diversify the grades processed at its refineries, reported Reuters on Friday. : Mint

BPCL buys first crude oil cargo from Argentina for Feb delivery: Reports

52c021a3416f1New Delhi : India’s Bharat Petroleum Corp Ltd has bought its first crude oil cargo from Argentina, two trade sources said on Friday, part of the company’s effort to diversify the grades processed at its refineries. : Business Standard

Maharatna Gas unit, GAIL Board approves to operate subsidiary at GIFT City, Gujarat

526baa47d40b9New Delhi : Public Sector Unit, under the Ministry of Petroleum and Natural Gas, GAIL India Ltd has announced that its board members have granted in-principle approval to form a wholly-owned subsidiary that would operate as a Finance Company in IFSC, Gift City in Gujarat. : psuconnect.in

Bihar Business Connect 2024: Sun Petrochemicals pledges Rs 36,700 cr investment in state

New Delhi : Sun Petrochemicals on Friday inked a pact with the Bihar government pledging Rs 36,700 crore investment commitment in the renewable energy sector. : theprint.in

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