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MEDIA UPDATE (DECEMBER 24, 2024)

24-Dec-2024

Power

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” New Delhi : Union Minister of Power and Housing & Urban Affairs Manohar Lal reviewed the power sector scenario for the UT of Lakshadweep in Kavaratti today. Praful Patel, Administrator, UT of Lakshadweep was present in the meeting. The meeting was also attended by senior officials from the UT administration, officials from Govt. of India (GoI) and officials from Power Finance Corporation (PFC).” : Sarkaritel.com
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” Bhubaneswar : NTPC has signed aMemorandum of Understanding (MoU) with GRIDCO, a Govt. of Odisha undertaking for Energy and Capital Region Urban Transport (CRUT), the public transit agency of Govt. of Odisha,on 23rdDecember 2024, in Lok Sewa Bhawan, Bhubaneswar.” : Sarkaritel.com

India, Kuwait to strengthen energy ties, explore renewable cooperation

New Delhi : India, Kuwait to strengthen energy ties, explore renewable cooperation. : Economic Times

Sterling and Wilson bags ?1,200 crore Solar EPC project in Gujarat

New Delhi : Sterling and Wilson bags ?1,200 crore Solar EPC project in Gujarat. : Economic Times

India needs 8.5 million renewable energy jobs by 2050, ?30 lakh crore investment by 2030: IREDA CMD

New Delhi : India needs 8.5 million renewable energy jobs by 2050, ?30 lakh crore investment by 2030: IREDA CMD. : Economic Times

Waaree Energies board approves Rs 850 cr investment in energy facilities

New Delhi : Waaree Energies Ltd on Monday said its board has approved three investment proposals aggregating Rs 850 crore to set up electrolyser and storage cell manufacturing facilities. : Business Standard

Solar power projects face higher costs after customs duty notification

New Delhi : The government, through a notification issued under Section 65(1) of the Customs Act, 1962 (CA 62), has prospectively legitimised the administrative bar on import, without payment of customs duties under the scheme for manufacture in a bonded warehouse, of goods for solar power generation projects which supply electricity. : Business Standard

Bihar receives INR 90,734 crore investment proposals in renewable energy

Patna : The Indian state of Bihar has received investments proposals totaling INR 1.8 lakh crore across various sectors, with INR 90,734 crore committed in renewable energy sector alone. : pv-magazine.com

India needs more than 10 lakhs additional engineers by 2050 for RE Vision: IREDA CMD

New Delhi : The Indian Renewable Energy Development Agency Limited’s (IREDA) Chairman and Managing Director (CMD) Pradip Kumar Das addressed the visionary talk hosted by the 39th Indian Engineering Congress at Kolkata on December 20. : psuwatch.com

NTPC inks pact to set up green hydrogen infra in Odisha

526d57314ba45New Delhi : State-run power giant NTPC Limited on Monday said it has signed an initial pact with GRIDCO and CRUT to set up green hydrogen infrastructure in Odisha. : psuwatch.com

ReNew inks pact with Anzen to sell 300 MW operational solar asset in Rajasthan

New Delhi : ReNew Energy Global Plc (ReNew) on Monday said it has signed an agreement with Anzen to sell entire stake in its wholly owned subsidiary RSWPL at an enterprise value of USD 176 million. : psuwatch.com

IREDA Bags Triple Honor at 14th PSE Excellence Awards

New Delhi : Indian Renewable Energy Development Agency Limited (IREDA) has been honored with three awards at the 14th PSE Excellence Awards ceremony, organized by the Indian Chamber of Commerce (ICC) in New Delhi today. : psuconnect.in

IREDA lines up Rs 3,000 crore for green energy projects in Odisha

Bhubaneswar : Indian Renewable Energy Development Agency Limited (IREDA) has sanctioned over Rs 3,000 crore for green energy projects across Odisha, covering solar, hydro, ethanol and renewable energy manufacturing sectors, IREDA chairman and managing director Pradip Kumar Das said on Monday. : Sarkaritel.com

Nepal earns Rs 8.15 billion from electricity export to India in 5 months of current fiscal year

New Delhi : Nepal earns Rs 8.15 billion from electricity export to India in 5 months of current fiscal year. : Economic Times

Centre reviews Kerala power sector, emphasizes renewables and loss reduction

New Delhi : Centre reviews Kerala power sector, emphasizes renewables and loss reduction. : Economic Times

Bangladesh owes Tripura Rs 200 crore in unpaid electricity bills

New Delhi : Bangladesh owes Tripura Rs 200 crore in unpaid electricity bills. : Economic Times

Waaree Energies board approves investment proposals worth Rs 850 cr

New Delhi : Waaree Energies board approves investment proposals worth Rs 850 cr. : Economic Times

ReNew inks pact with Anzen to sell 300 MW operational solar asset in Raj

New Delhi : ReNew Energy Global Plc (ReNew) on Monday said it has signed an agreement with Anzen to sell entire stake in its wholly owned subsidiary RSWPL at an enterprise value of $176 million. : Business Standard

Ireda sanctions over Rs 3,000 crore for green energy projects in Odisha

New Delhi : The Indian Renewable Energy Development Agency Limited has sanctioned over Rs 3,000 crore for green energy projects across Odisha, covering solar, hydro, ethanol and renewable energy manufacturing sectors, a top Ireda official said here on Monday. : Business Standard

Crisil analysis: Sprint towards power sector’s 500 Gw of green energy goal

New Delhi : India’s power sector is prioritising climate-transition goals, where a supportive ecosystem of energy storage, transmission connectivity and supply chain is now being created holistically. : Business Standard

NTPC’s 1.2 GW solar auction draws lowest bid from BPCL

526d57314ba45New Delhi : NTPC’s 1.2 GW solar auction has attracted the lowest tariff of INR 2.55/kWh from BPCL, which secured 150 MW of project capacity. : pv-magazine.com

Centre asks Lakshadweep to reduce reliance on diesel-based power, expand RE

New Delhi : Union Minister for Power Manohar Lal Khattar urged Lakshadweep to reduce its reliance on diesel-based power generation and increase the share of renewable power generation at a review meeting held on Monday. : psuwatch.com

THDCIL India achieved first prize for Public Relations in Action

New Delhi : THDCIL India Limited has been recognized with the prestigious “First Prize for Public Relations in action” for its remarkable initiatives in communication strategies. : psuconnect.in

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Oil and Gas

ONGC pre launches Well Information System for digital transformation in drilling and well services

524e3664f21b1New Delhi : ONGC has proudly pre-launched the Well Information System (WIS) as a significant advancement in oilfield operations, leading the way in digital transformation for drilling and well services. : psuconnect.in

Indian Oil rises 2% as board approves setting up of yarn project in Odisha

52c021946ef93Chennai : Indian Oil Corporation shares gained 1.8 per cent in Monday’s trade, logging an intraday high at Rs 139.75 per share on BSE. : Business Standard

Indian Oil Corporation probes allegation of US firm bribing its officers

52c021946ef93New Delhi : Indian Oil Corporation probes allegation of US firm bribing its officers. : Economic Times

Oil prices stable on Monday as data offsets surplus concerns

New Delhi : Oil prices stable on Monday as data offsets surplus concerns. : Economic Times

VOC Port earmarks Rs 41,860 cr to position itself as Green Hydrogen hub of India

New Delhi : VOC Port earmarks Rs 41,860 cr to position itself as Green Hydrogen hub of India. : Economic Times

India’s refining capacity utilization at 103%, petroleum exports up by 3% in volume

New Delhi : India’s refining capacity utilization at 103%, petroleum exports up by 3% in volume. : Economic Times

Demand grows to shift LPG plant out of Sitapura

Jaipur : Demand grows to shift LPG plant out of Sitapura. : Economic Times

India’s emergency crude stockpile management firm ISPRL looks to trade part of stored oil

New Delhi : India’s emergency crude stockpile management firm ISPRL looks to trade part of stored oil. : Economic Times

Oil and gas producers call for tax reforms in the upcoming Budget

New Delhi : In the run-up to the Budget, upstream oil and gas companies have called for a review of the taxes levied on older oil blocks, which account for nearly 90 per cent of domestic production, according to officials from two large exploration and production (E&P) firms. : Business Standard

Oil prices firm on hopes of US policy support for economic growth

New Delhi : Oil prices firm on hopes of US policy support for economic growth. : Economic Times

India, Kuwait to strengthen energy ties, explore renewable cooperation

New Delhi : India, Kuwait to strengthen energy ties, explore renewable cooperation. : Economic Times

India’s refining capacity utilization at 103%, petroleum exports up by 3% in volume

New Delhi : India’s refining capacity utilization at 103%, petroleum exports up by 3% in volume. : Economic Times

India has potential to be key sustainable aviation fuel producer, says IATA official

New Delhi : India has potential to be key sustainable aviation fuel producer, says IATA official. : Economic Times

Middle East share of India’s November oil imports at 9-month high; Russia down

New Delhi : India’s November crude imports showed Middle Eastern oil at a 9-month high while Russia accounted for its smallest share in three quarters, ship tracking data obtained from sources showed. : Economic Times

Govt-owned oil refiners struggle to get adequate crude supplies from Russia

New Delhi : India’s state oil refiners are finding it hard to buy the volume of Russian crude they need, according to people familiar with the matter. : Business Standard

The Hydrogen Stream: Ashoka Buildcon commits INR 9,000 crore investment in Bihar

New Delhi : Maharashtra-based construction engineering company Ashoka Buildcon has committed to investing INR 9,000 crore in setting up a green hydrogen production plant in Bihar. The company signed an MoU with the state government during Bihar Business Connect 2024. : pv-magazine.com

NTPC inks pact to set up green hydrogen infra in Odisha

New Delhi : State-run power giant NTPC Limited on Monday said it has signed an initial pact with GRIDCO and CRUT to set up green hydrogen infrastructure in Odisha. : psuwatch.com

Numaligarh Refinery honored with Data Privacy and Cloud Security Award

New Delhi : State-owned Numaligarh Refinery Limited has been honored with the prestigious “Data Privacy & Cloud Security” Award at the 15th National Digital Transformation Awards 2024 held in Guwahati. : psuconnect.in

Petrol and Diesel Fresh Prices Announced: Check Rates In Your City On December 23

Bhubaneswar : The petrol and diesel prices have increased for the second consecutive day in the capital city, Bhubaneswar in the last 24 hours. On December 23, 2024, petrol has been priced at Rs 101.11 per liter while diesel costs Rs 92.69 per litre. : kalingatv.com

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