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MEDIA UPDATE (JANAUARY 10, 2025)

10-Jan-2025

Power

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” New Delhi : REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has signed a Memorandum of Agreement (MoA) with the District Health Society (DHS) Raipur under its Corporate Social Responsibility (CSR) initiative.” : Sarkaritel.com
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” New Delhi : Prasanna Kumar Motupalli, Chairman and Managing Director of NLC India Limited (NLCIL) was conferred with the prestigious Mining Innovation Award on January 8, 2025, during the inaugural session of the 3rd International Conference on Safe & Sustainable Mining Technology (IConSSMT 2025).” : Sarkaritel.com

NTPC Green Energy, RVUNL enters into JV NTPC Rajasthan Green Energy for RE parks

526d57314ba45New Delhi : A subsidiary of NTPC Ltd, NTPC Green Energy Ltd., and Rajasthan Rajya Vidyut Utpadan Nigam Ltd.—a Rajasthan government undertaking—have jointly incorporated NTPC Rajasthan Green Energy Ltd. : psuconnect.in

REC Limited signed Rs 2.01 Cr agreement Under CSR

524db06275b53New Delhi : REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has signed a Memorandum of Agreement (MoA) with the District Health Society (DHS) Raipur under its Corporate Social Responsibility (CSR) initiative. : psuconnect.in

Envision Energy to supply 200 wind turbines, 320 MWh BESS to Juniper Green Energy

New Delhi : Envision Energy to supply 200 wind turbines, 320 MWh BESS to Juniper Green Energy. : Economic Times

Jupiter International to invest ?6,500 crore in solar manufacturing expansion

New Delhi : Jupiter International to invest ?6,500 crore in solar manufacturing expansion. : Economic Times

India’s solar power capacity addition more than doubled to 24.5 GW in 2024

New Delhi : India’s solar power capacity addition more than doubled to 24.5 GW in 2024. : Economic Times

ACME Solar Holdings shares climb 5% after commissioning 90 MW solar power capacity in Rajasthan

New Delhi : Shares of ACME Solar Holdings Ltd surged nearly 5 percent after the company announced the successful commissioning of an additional 90 MW of solar power capacity in Rajasthan. : Mint

Envision secures 1 GW wind turbine, 320 MWh battery storage system orders from Juniper Green Energy

New Delhi : Envision Energy India announced that it has secured orders from Juniper Green Energy (JGE) to supply 200 numbers of its EN182|5MW wind turbine generators and a 320 MWh battery energy storage system (BESS) solution. : pv-magazine.com

Saatvik Green Energy Secures ?1,500 Crore Contract To Supply 1 GW Solar PV Modules

New Delhi : Saatvik Green Energy Limited announces its historic win of a 1 GW solar PV module supply contract from a leading energy producer. The deal, at over ?1,500 crore, represents a significant milestone in the company’s expansion. Saatvik, as per customized specifications, will supply advanced technology N-TOPCon solar PV modules & commence the entire delivery in Calendar year 2025. : indianpsu.com

Coal Minister inaugurates ‘5G Use Case Test Lab’ at CMPDIL

New Delhi : The Union Minister for Coal and Mines G Kishan Reddy, inaugurated the ‘5G Use Case Test Lab’ at the Central Mine Planning and Design Institute (CMPDI) Limited in Ranchi on Thursday. : psuwatch.com

India added 18.83 GW of RE capacity between April-Dec 2024

New Delhi : India added 18.83 GW of Renewable Energy (RE) capacity in the nine-month period between April and December 2024, data sourced from the Ministry of New and Renewable Energy (MNRE) shows. : psuwatch.com

Q3 FY25: IREDA’s PAT for Apr-Dec period grows 31%, Q3 up by 27% on y-o-y basis

New Delhi : Indian Renewable Energy Development Agency (IREDA) has reported a robust growth of 31 percent in net profit for the nine-month period between April-December of FY2024-25 in comparison to the year-ago period. IREDA’s profit after tax (PAT) for April-December period stood at Rs 1,197 crores. : psuwatch.com

NLCIL CMD conferred with Mining Innovation Award

6255622e3cc21New Delhi : Shri Prasanna Kumar Motupalli, Chairman and Managing Director of NLC India Limited (NLCIL) was conferred with the prestigious Mining Innovation Award on January 8, 2025, during the inaugural session of the 3rd International Conference on Safe & Sustainable Mining Technology (IConSSMT 2025). : psuwatch.com

MNRE Minister Pralhad Joshi chairs session on boosting renewable energy capacity

New Delhi : Union Minister of Consumer Affairs, Food and Public Distribution & New and Renewable Energy (MNRE) today chaired the sessions on progress in the Western Region on renewable energy initiatives, including RPO targets and implementation of various schemes that are boosting the renewable energy capacity. : psuconnect.in

Power Transmission stock rises after receiving LoI for 50 MW battery energy storage project

New Delhi : Advait Energy Transitions shares will remain in focus as the company has announced that it has received a Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Ltd (GUVNL) for a 50 MW/500 MWh segment of the 500 MW/1000 MWh Standalone Battery Energy Storage System (BESS) project in Gujarat. : psuconnect.in

ACME Solar Commissions 90 MW Solar Project In Rajasthan

New Delhi : ACME Solar Commissions 90 MW Solar Project In Rajasthan. : saurenergy.com

Renewable energy accounts for over 28L cr of RR MoUs

New Delhi : Renewable energy accounts for over 28L cr of RR MoUs. : Economic Times

Saatvik Green Energy secures ?1,500 crore solar module contract

New Delhi : Saatvik Green Energy secures ?1,500 crore solar module contract. : Economic Times

Telangana govt proposes 1,000 MW power generation by encouraging SHGs to set up solar plants

Hyderabad : Telangana govt proposes 1,000 MW power generation by encouraging SHGs to set up solar plants. : Economic Times

India to sign mining pact with Mongolia soon, govt source says

New Delhi : India to sign mining pact with Mongolia soon, govt source says. : Economic Times

Power generation capacity for next 2 years to be reassessed

New Delhi : The government is initiating a fresh exercise to review available power generation capacity for the next two fiscal years including battery energy storage systems, people familiar with the development told ET. The move is aimed at ensuring readiness to meet rising peak power demand. : Economic Times

SJVN invites bids for residential rooftop solar installations in Arunachal Pradesh, Himachal Pradesh, and Punjab

New Delhi : SJVN, which is registered as a vendor under PM Surya Ghar: Muft Bijli Yojana, is looking to engage channel partners, who, in turn, may interface with EPC vendors as well as the Discoms to install residential rooftop solar projects in the Indian states of Arunachal Pradesh, Himachal Pradesh, and Punjab. : pv-magazine.com

REC commits Rs 2.01 crore for health equipment procurement in Raipur

524db06275b53New Delhi : REC Limited, a Maharatna Central Public Sector Enterprise (CPSE) under the Ministry of Power and a leading non-banking financial company (NBFC), has committed Rs 2.01 crore under its Corporate Social Responsibility (CSR) initiative to support the healthcare sector in Raipur, Chhattisgarh. : psuwatch.com

IREDA to launch two innovative Subsidiaries to boost Green Hydrogen, Renewable Energy

New Delhi : The Indian Renewable Energy Development Agency Limited (IREDA), a government-backed non-banking financial institution, is set to establish two innovative subsidiaries aimed at advancing renewable energy and sustainability in India. : psuconnect.in

Power Grid partners with US-based EPRI to drive innovation in energy sector

526d609c46eb2New Delhi : Power Grid Corporation of India Limited, a Maharatna Public Sector Enterprise under the Ministry of Power, has signed a landmark 10-year agreement with the US-based Electric Power Research Institute (EPRI). : psuconnect.in

Kerala Govt Plans To Solarise Its Health Centers

New Delhi : Kerala Govt Plans To Solarise Its Health Centers. : saurenergy.com

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Oil and Gas

ONGC onboards Technical Services Provider for enhancing production from Mumbai High Field

524e3664f21b1New Delhi : India’s Exploration and Production (E&P) sector is vital for meeting the nation’s growing energy demands, driven by rapid economic growth. Being the National Oil Company (NOC), ONGC plays a crucial role, contributing around 75% of the country’s domestic crude oil and natural gas production. : Sarkaritel.com

Government plans to give LPG subsidy Rs 35,000 crore to major oil firm like IOC, BPCL, HPCL

52c021946ef93New Delhi : According to sources, the government is expected to provide a subsidy of Rs 35,000 crore to state-owned oil companies Indian Oil Corporation Ltd (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) to compensate for the losses they incurred from selling fuel in the current fiscal year. : psuconnect.in

ONGC partners with BP to boost Mumbai High oil output by 44%, gas by 89%

524e3664f21b1New Delhi : ONGC partners with BP to boost Mumbai High oil output by 44%, gas by 89%. : Economic Times

Oil prices extend losses on rising U.S. fuel inventories

New Delhi : Oil prices extend losses on rising U.S. fuel inventories. : Economic Times

BP projects 44% jump in oil output from India’s largest field, ONGC says

New Delhi : Global energy major BP has pledged to lift oil production by 44% and gas output by 89% from India’s largest field off its west coast, under a decade-long contract, according to block operator Oil and Natural Gas Corp on Thursday. : Economic Times

Govt increases cheap domestic gas allocation to IGL: Company

New Delhi : The government has increased the allocation of cheap domestic gas to city gas distributor Indraprastha Gas Ltd (IGL), which will boost its profitability, the company said in a public filing. : Economic Times

IREDA to launch two innovative Subsidiaries to boost Green Hydrogen, Renewable Energy

New Delhi : The Indian Renewable Energy Development Agency Limited (IREDA), a government-backed non-banking financial institution, is set to establish two innovative subsidiaries aimed at advancing renewable energy and sustainability in India. : psuconnect.in

ONGC Boosts Mumbai High Production with New Partner

524e3664f21b1New Delhi : India’s Exploration and Production (E&P) sector is vital for meeting the nation’s growing energy demands, driven by rapid economic growth. : psuconnect.in

PM Modi lays foundation for ?1.85 lakh cr green hydrogen hub in Andhra Pradesh

New Delhi : PM Modi lays foundation for ?1.85 lakh cr green hydrogen hub in Andhra Pradesh. : Economic Times

Govt may give Rs 35,000 crore LPG subsidy to IOC, BPCL, HPCL

New Delhi : The government is likely to provide a subsidy of Rs 35,000 crore to state-owned Indian Oil Corporation Ltd (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) to make up for losses they incurred on selling the fuel this fiscal, sources said. : Economic Times

Sanctions are Sinking Russia’s Flagship Gas Project

New Delhi : Sanctions are Sinking Russia’s Flagship Gas Project : Mint

Oil Companies Skip Auction for Arctic Refuge Drilling Rights

New Delhi : Oil companies declined to bid in a US government auction for drilling rights in the Arctic National Wildlife Refuge, as industry interest wanes in a region that’s rich with crude but difficult to develop. : Mint

Govt to give Rs 35,000 crore LPG subsidy to OMCs

New Delhi : The Government is likely to provide a subsidy of Rs 35,000 crore to state-owned Indian Oil Corporation Ltd (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) to make up for losses they incurred on selling the fuel this fiscal, sources said. : psuwatch.com

ONGC expects revenue to rise by $10.3 billion if production from Mumbai High rises

New Delhi : State-owned Oil and Natural Gas Corporation (ONGC) expects a USD 10.3 billion revenue boost from increased oil and gas production, achieved through a partnership with UK’s BP in the Mumbai High field. : psuwatch.com

ONGC expects revenue to rise by $10.3 billion if production from Mumbai High rises

524e3664f21b1New Delhi : State-owned Oil and Natural Gas Corporation (ONGC) expects a USD 10.3 billion revenue boost from increased oil and gas production, achieved through a partnership with UK’s BP in the Mumbai High field. : psuwatch.com

GAIL raises domestic gas allocation by 31%

526baa47d40b9New Delhi : City Gas Distributor, Indraprastha Gas Ltd has announced that domestic gas allocation to the company has been revised by 31% upwards with effect from 16th January 2025 which ultimately increases the share of Domestic Gas in the CNG Segment from 37% to 51%. : psuconnect.in

Petrol and diesel price today: Fuel prices hiked in Bhubaneswar on Jan 9

Bhubaneswar : The petrol and diesel prices have increased in temple city Bhubaneswar on January 9, Thursday. The petrol price has been recorded at Rs 101.11 per litre while the diesel rate has been recorded at Rs 92.69 per litre today. : kalingatv.com

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