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Media Update 10-Aug-2024

Daily News Update from Sarkaritel
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66b65a7e207e2“New Delhi : New Delhi, Aug 09 Arjun Ram Meghwal, Union Minister of State (I/C) for Law & Justice, and Parliamentary Affairs, Govt. of India, presented the ‘Distinguished Fellow’ Award to CMD REC Limited, Vivek Kumar Dewangan, at the 2024 Director’s Conclave & 34th IOD Annual Day. The award recognises Dewangan’s visionary leadership towards fostering infrastructure growth and innovation, and promoting all round rural prosperity. His contributions have further strengthened India’s global position in the energy sector.” : Sarkaritel.com

Power

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” New Delhi : PFC has won ASSOCHAM’s prestigious”Corporate Bond Market 2024 Award” in the CB-Private Placement category. The award was presented at the 7th National Summit and Awards,Corporate Bond Market 2024held on 9thAugust 2024 in Mumbai. This year, the theme was “Debt Democratization and Diversification.”” : Sarkaritel.com

GameChange Solar to supply trackers for NLC’s 780 MWp PV project in Gujarat

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New Delhi : GameChange Solar announced this week that it has secured a contract with Bondada Engineering Ltd for NLC’s 780 MWp solar project in Khavda, Gujarat. : pv-magazine.com

NTPC Korba hosts state-level women’s c’ship in collaboration with state football association

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New Delhi : In a significant boost for women’s football in Chhattisgarh, NTPC Korba, in collaboration with the Chhattisgarh Football Association, organised a state-wide Women’s Football Championship and coaching camps. : Times of India

Reliance Set To Launch Its First Solar Gigafactory By FY25

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New Delhi : Reliance Set To Launch Its First Solar Gigafactory By FY25. : saurenergy.com

PFC Shines at ASSOCHAM 2024: Wins Award for Outstanding Corporate Bond Market Performance

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New Delhi : PFC has won ASSOCHAM’s prestigious” Corporate Bond Market 2024 Award” in the CB-Private Placement category. The award was presented at the 7th National Summit and Awards, Corporate Bond Market 2024 held on 9th August 2024 in Mumbai. : psuconnect.in

SJVN commissions 90 MW floating solar project, boosts capacity to 2466.5 MW

New Delhi : SJVN commissions 90 MW floating solar project, boosts capacity to 2466.5 MW. : Economic Times

PFC SHINES AT ASSOCHAM 2024: WINS AWARD FOR OUTSTANDING CORPORATE BOND MARKET PERFORMANCE

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Mumbai : PFC has won ASSOCHAM’s prestigious”Corporate Bond Market 2024 Award” in the CB-Private Placement category. The award was presented at the 7th National Summit and Awards,Corporate Bond Market 2024held on 9thAugust 2024 in Mumbai. : globalgreenews.com

India’s wind capacity needs to grow from 2.8 GW to 9.3 GW annually to hit 2030 goal

New Delhi : India’s wind capacity needs to grow from 2.8 GW to 9.3 GW annually to hit 2030 goal. : Economic Times

Construction of 60MW solar power plant in Khargone likely to be completed by year-end

New Delhi : Construction of 60MW solar power plant in Khargone likely to be completed by year-end. : Economic Times

Delhi govt appoints 2 pro tem members of power regulator DERC

New Delhi : Delhi govt appoints 2 pro tem members of power regulator DERC. : Economic Times

Jindal Steel and Power reduces dependence on Australian coking coal by 50 pc

New Delhi : Jindal Steel and Power reduces dependence on Australian coking coal by 50 pc. : Economic Times

Steel maker Rudra Global Infra to set up 30 MW solar plant at Rs 190 cr

New Delhi : Steel maker Rudra Global Infra Products on Friday said the company will invest around Rs 190 crore to set up a 30 megawatt captive solar project in Gujarat. : Business Standard

CENTRE ISSUES STANDARDS FOR SETTING UP SOLAR POWER GENERATION PLANTS

New Delhi : Any individual, including from Scheduled Castes and Scheduled Tribes, is eligible for financial support for establishing rooftop solar (RTS) power project under PM Surya Ghar Muft Bijli Yojna of Ministry of New and Renewable Energy (MNRE). : pv-magazine.com

Q1 Results: Inox Wind Reports 85% Increase In Revenue

New Delhi : Q1 Results: Inox Wind Reports 85% Increase In Revenue. : saurenergy.com

Jharkhand: JREDA Issues Tender For 47 Solar Minigrids

New Delhi : Jharkhand: JREDA Issues Tender For 47 Solar Minigrids. : saurenergy.com

ACME, SAEL, Essar, Onward, NTPC REL Winners Of 1.2 GW SJVN Solar Tender

New Delhi : ACME, SAEL, Essar, Onward, NTPC REL Winners Of 1.2 GW SJVN Solar Tender. : saurenergy.com

Inox Wind reports Rs 50 crore PAT in Q1

New Delhi : Inox Wind Limited (IWL) on Friday posted a Rs 50 crore profit after tax during the June quarter on account of a surge in income. : psuwatch.com

SJVN gains on commissioning of 90 MW Omkareshwar floating solar project

New Delhi : SJVN stocks rise:Shares of SJVN gained as much as 2.08 per cent to hit an intraday high of Rs 142.75 per share on Friday, August 9, 2024. : Business Standard

Bihar Set To Have Remote Monitoring System For Solar Assets

New Delhi : Bihar Set To Have Remote Monitoring System For Solar Assets. : saurenergy.com

Punjab Plans To Add 66 New Solar Power Plants

New Delhi : Punjab Plans To Add 66 New Solar Power Plants. : saurenergy.com

Oil and Gas

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” New Delhi : A Capacity Building and training program on vigilance administration was inaugurated at Mangalore on 9.8.2024 by Secretary, Central Vigilance Commission P. Daniel along with Mundkur Shyam prasad Kamath MD-MRPL and Ganesh S. Bhat CVO, MRPL.” : Sarkaritel.com

GAIL, Rajasthan govt entity to set up 1 GW solar projects, operate gas-based power plants

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New Delhi : GAIL, Rajasthan govt entity to set up 1 GW solar projects, operate gas-based power plants. : Economic Times

Nandakumar Velayudhan Pillai takes charge as Director Refinery of MRPL

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New Delhi : Shri Nandakumar Velayudhan Pillai takes charge as Director Refinery of MRPL, a Mini Ratna – Category 1, Schedule A, ONGC subsidiary. Vide their order dated 7.8.2024, MoP&NG, Government of India, has appointed Shri Nandakumar Velayudhan Pillai as Director – Refinery with immediate effect. : psuconnect.in

Oil India Q1FY25, net profit plunges by 28%

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New Delhi : State-owned Oil India Ltd. reported a 27.7% drop in its consolidated net profit for the April-June quarter. The company reported a profit of Rs 1,466.8 crore for the June quarter, compared to Rs 2,028.8 crore it had reported for the quarter that ended in March. : psuconnect.in

India’s Reliance in crude-for-naphtha swap deal with Venezuela, sources say

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New Delhi : India’s Reliance in crude-for-naphtha swap deal with Venezuela, sources say. : Economic Times

Global oil demand needs to rise faster to absorb OPEC+ hike

New Delhi : Global oil demand needs to rise faster to absorb OPEC+ hike. : Economic Times

Fuel up, petrol pumps to remain shut on Sundays

New Delhi : Petrol pump owners and dealers on Thursday announced that all pumps in the city will remain closed every Sunday from August 18. The move is in protest against the central government which had promised a hike in their commission but has not done the same till date. : Times of India

As told to Parliament (August 8, 2024): 3,023 million litres of ethanol was blended with petrol in 2020-21

New Delhi : Ethanol blending with petrol in India has significantly increased under the ethanol blended petrol programme, Suresh Gopi, minister of state in the Union ministry of petroleum & natural gas, told the Lok Sabha. : downtoearth.org.in

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” New Delhi : The Government of India has approved the ONGC proposal for additional investment totaling Rs.18,365 Crores resulting in an increase in ONGC’s stake in ONGC Petro-additions Limited (OPaL) from 49.36% to 95.69%. This significant move paves the way for capital restructuring leading to the operational and financial sustainability of OPaL.” : Sarkaritel.com

Honeywell and Jiutai Group partner to produce 100,000 tonnes of SAF annually

New Delhi : Honeywell and Jiutai Group partner to produce 100,000 tonnes of SAF annually. : Economic Times

Indian refiner NRL expects normal diesel supplies to Bangladesh

New Delhi : India’s Numaligarh Refinery Ltd (NRL) does not expect its shipments of diesel to Bangladesh to be affected by political upheaval in the neighbouring country, the company said on Friday. : Economic Times

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On August 9

New Delhi : Petrol, Diesel Prices Today On August 9, 2024: Oil marketing companies (OMCs) announce fuel prices at 6 am on a daily basis. The OMCs adjust prices in response to global crude oil prices and fluctuations in foreign exchange rates, ensuring consumers are always informed about the latest fuel costs. : news18.com

Gujarat State Petronet Q1 Results Live : profit rise by 11.92% YOY

New Delhi : Gujarat State Petronet Q1 Results Live : Gujarat State Petronet announced their Q1 results on 08 Aug, 2024, with a notable increase in both revenue and profit compared to the same period last year. : Mint

Cabinet approves Amendment in “Pradhan Mantri JI-VAN Yojana”

New Delhi : To keep pace with the latest developments in the field of biofuels and to attract more investment, the Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, today approved the modified Pradhan Mantri JI-VAN Yojana. The modified scheme extends timeline for implementation of scheme by Five (5) year i.e. till 2028-29 and includes advanced biofuels produced from lignocellulosic feedstocks i.e. agricultural and forestry residues, industrial waste, synthesis (syn) gas, algae etc. in its scope. “Bolt on” plants & “Brownfield projects” would also now be eligible to leverage their experience and improve their viability. : Sarkaritel.com

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