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MEDIA UPDATE (JANAUARY 04, 2024)

04-Jan-2025

Power

REC disburses Rs. 54,692 Crore loan in Q3 FY25; Green loans up by 58.09% to Rs. 6,314 Crore

524db06275b53Gurgoan, Haryana : REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has disbursed loans worth ?54,692 crore, up 17.98% year-on-year for the Quarter ended December 31, 2024. The quantum of renewable energy loan disbursements grew 58.09% year-on-year to ?6,314 crore in the corresponding period. : Sarkaritel.com

NHPC to create 5 model border villages in Baramulla

526a36c266c1eNew Delhi : The National Hydroelectric Power Corporation (NHPC) will create five Model Border Villages in North Kashmir’s Baramulla district under the Corporate Social Responsibility (CSR) initiative. : thestatesman.com

DVC Inaugurates mural painting at Raghunathpur Thermal Power Station

5270f43db9e7fNew Delhi : To integrate art, culture and local heritage of Purulia, West Bengal with the industrial landscape, a series of wall mural paintings were inaugurated by Shri S. Suresh Kumar, IAS, Chairman DVC and senior officials on 03-01-2025 at Raghunathpur TPS. : psuconnect.in

Govt appoints Rupinder Brar (IRS) as Part-Time Official Director on CIL board

526d56d32cf13New Delhi : Coal India Limited (CIL), a Maharatna Public Sector Undertaking under the Ministry of Coal, has announced the appointment of Rupinder Brar as a Part-Time Official Director on its Board. : psuwatch.com

REC reports robust loan disbursements; RE loans surge 58.09% in Q3

524db06275b53New Delhi : REC Limited, a Maharatna Central Public Sector Enterprise (CPSE) under the Ministry of Power and a prominent non-banking financial company (NBFC), has achieved significant growth in loan disbursements for the quarter ending December 31, 2024 (Q3 FY25). : psuwatch.com

Facing Rs 4k cr revenue gap, discoms want to hike power tariff by 7.5%

New Delhi : Facing Rs 4k cr revenue gap, discoms want to hike power tariff by 7.5%. : Economic Times

Telangana unveils new Renewable Energy policy, aims to add 20K MW to existing capacity by 2030

Hyderabad : Telangana unveils new Renewable Energy policy, aims to add 20K MW to existing capacity by 2030. : Economic Times

Coal production from captive mines rises 34.20% to 131.05 MT

New Delhi : Coal production from captive mines rises 34.20% to 131.05 MT. : Economic Times

REC overall loan disbursements up 18% to Rs 54,692 crore in Q3

524db06275b53New Delhi : State-owned REC Ltd on Friday said its overall loan disbursements increased by nearly 18 per cent to Rs 54,692 crore in the December 2024 quarter. : Zeebiz

Adani solar power contracts can’t be scrapped without proof: Andhra chief minister

New Delhi : Andhra Pradesh chief minister N Chandrababu Naidu said recently the state government cannot scrap power offtake contracts for Adani Green Energy Ltd’s solar projects without concrete proof establishing bribery charges. : pv-magazine.com

REC disburses Rs 54,692 Crore loan in Q3 FY25

524db06275b53Gurgoan, Haryana : REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has disbursed loans worth Rs 54,692 crore, up 17.98% year-on-year for the Quarter ended December 31, 2024. : psuconnect.in

Airtel, AMP Energy Partner For Wind-Solar Hybrid Project

New Delhi : Airtel, AMP Energy Partner For Wind-Solar Hybrid Project. : saurenergy.com

REC disburses ?54,692 Crore loan in Q3 FY25; Green loans up by 58.09% to ?6,314 Crore

524db06275b53New Delhi : REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has disbursed loans worth ?54,692 crore, up 17.98% year-on-year for the Quarter ended December 31, 2024. : https://indiangrapevine.com/

EV battery swapping, charging infra should be at every petrol pump, CNG station: Piyush Goyal

New Delhi : There is a need for battery swapping facilities to coexist with charging infrastructure to accelerate the adoption of electric vehicles (EVs) in India, Union Minister of Commerce and Industry, Piyush Goyal, said on Friday. : Sarkaritel.com

EV players to meet Piyush Goyal on Friday, discuss infra-related issues

New Delhi : EV players to meet Piyush Goyal on Friday, discuss infra-related issues. : Economic Times

REMC, IRFC sign MoU to finance power projects for Indian Railways

New Delhi : REMC, IRFC sign MoU to finance power projects for Indian Railways. : Economic Times

Himachal Pradesh financial crisis: CM Sukhvinder Sukhu urges well-off consumers to give up electricity subsidy

Shimla : Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu has voluntarily given up the subsidy on all five electricity meters registered in his name. : Mint

REC disburses ?54,692 Crore loan in Q3 FY25; Green loans up by 58.09% to ?6,314 Crore

524db06275b53New Delhi : REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has disbursed loans worth ?54,692 crore, up 17.98% year-on-year for the Quarter ended December 31, 2024. : orissadiary.com

SECI Issues Tender For 10 MW Floating Solar Project In Telangana

New Delhi : SECI Issues Tender For 10 MW Floating Solar Project In Telangana. : saurenergy.com

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Oil and Gas

Indian Oil signs 30-Year Pact to Operate Fuel Stations at Noida International Airport

52c021946ef93New Delhi : The Noida International Airport (NIA) has signed a 30-year concession agreement with Indian Oil Corporation Ltd (IOCL) to operate fuel stations at three key locations within the airport premises. : psuconnect.in

PNGRB tells CGD entities to roll out insurance policy for PNG consumers within 2 months

New Delhi : After an open house discussion, the Petroleum and Natural Gas Regulatory Board (PNGRB) has decided to include mandatory insurance coverage in its Quality of Service (QOS) regulations for the City Gas Distribution (CGD) sector. : psuwatch.com

Oil rises from two-month highs on optimism over policy support for growth

New Delhi : Oil rises from two-month highs on optimism over policy support for growth. : Economic Times

Govt cuts gas allocation for LPG, diverts to city gas retailers

New Delhi : The government has slashed allocation of natural gas used for LPG production, and diverted the low-priced fuel to city gas retailers like Indraprastha Gas Ltd and Adani-Total Gas Ltd to meet a part of their requirement for CNG/piped cooking gas supplies, according an official order. : Economic Times

PNG, CNG Consumers to get uniform insurance cover

New Delhi : PNG, CNG Consumers to get uniform insurance cover. : Mint

Govt cuts gas allocation for LPG, diverts to city gas retailers

New Delhi : The government has slashed allocation of natural gas used for LPG production, and diverted the low-priced fuel to city gas retailers like Indraprastha Gas Ltd and Adani-Total Gas Ltd to meet a part of their requirement for CNG/piped cooking gas supplies, according an official order. : Mint

Gas for LPG set to be diverted to city gas distribution companies

New Delhi : The Petroleum and Natural Gas Ministry has asked GAIL and ONGC to divert 1.27 million metric standard cubic meters per day (MMSCMD) of natural gas to city gas distribution (CGD) firms. : Business Standard

Petrol and diesel price falls in Bhubaneswar on Jan 3, Check fuel rates in your city

Bhubaneswar : Today’s petrol and diesel prices in India are Rs 103.50 and Rs 90.03 per litre, with no change from yesterday. Over the last 2 months, the petrol and diesel rates have fluctuated. : kalingatv.com

Oil set for weekly gains as market eyes Chinese policy support

New Delhi : Oil set for weekly gains as market eyes Chinese policy support. : Economic Times

CNG pipeline installation in Pkl begins Jan 8

New Delhi : CNG pipeline installation in Pkl begins Jan 8. : Economic Times

Oil, gas demand to remain strong in FY26: India Ratings

New Delhi : India’s oil and gas demand is likely to remain strong in the next financial year even as weak global demand will drive down refining margins, India Ratings and Research (Ind-Ra) said on Thursday. : Economic Times

Govt cuts natural gas quota for LPG production, diverts to city retailers

New Delhi : The government has slashed allocation of natural gas used for LPG production, and diverted the low-priced fuel to city gas retailers like Indraprastha Gas Ltd and Adani-Total Gas Ltd to meet a part of their requirement for CNG/piped cooking gas supplies, according an official order. : Business Standard

Biden to ban more offshore oil and gas drilling before Trump arrives

New Delhi : President Joe Biden is preparing to issue a decree permanently banning new offshore oil and gas development in some US coastal waters, locking in difficult-to-revoke protections during his final weeks in the White House. : Business Standard

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