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MEDIA UPDATE (April 06, 2024)

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06-Apr-2024

Power

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” New Delhi : REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited — a Maharatna CPSU under the Ministry of Power & a leading NBFC, handed over two project specific SPVs (Special Purpose Vehicles) on Friday namely, Kallam Transco Limited and Jalpura Khurja Power Transmission Limited.” : Sarkaritel.com

RECPDCL hands over Kallam Transco Limited SPV to Indigrid & Jalpura Khurja Power Transmission Limited SPV to Tata Power

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New Delhi : REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited — a Maharatna CPSU under the Ministry of Power & a leading NBFC, handed over two project specific SPVs (Special Purpose Vehicles) on Friday. : Free Press Journal

RECPDCL hands over Kallam Transco to Indigrid; Jalpura Khurja Power to Tata Power

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New Delhi : REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, handed over two project specific SPVs (Special Purpose Vehicles) on Friday. : psuwatch.com

RECPDCL hands over Kallam Transco Ltd SPV to Indigrid, Jalpura Khurja Power Transmission Ltd SPV to Tata Power

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New Delhi : REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited — a Maharatna CPSU under the Ministry of Power & a leading NBFC, handed over two project specific SPVs (Special Purpose Vehicles) on Friday namely, Kallam Transco Limited and Jalpura Khurja Power Transmission Limited. : pv-magazine.com

With Rs 6500 cr dedicated budget in 2024-25, railway can achieve 100% electrification: Officials

New Delhi : With Rs 6500 cr dedicated budget in 2024-25, railway can achieve 100% electrification: Officials. : Economic Times

Electricity Amendment Rules 2024: Reshaping the Energy Landscape in India

New Delhi : Electricity Amendment Rules 2024: Reshaping the Energy Landscape in India. : Economic Times

Massive fire engulfs power distribution company in Raipur’s Kota area

New Delhi : A massive fire broke out in a power distribution company in Raipur’s Kota area, an official said. Police and firefighters are present on the spot and trying to douse the fire. : Business Standard

Saatvik Solar appoints Kuldeep Jain as chief operating officer

New Delhi : Saatvik Solar has appointed Kuldeep Jain as chief operating officer (COO) for its solar EPC and independent power production projects. With this strategic appointment, the company aims to bolster its presence in the solar projects globally. : pv-magazine.com

Energy trade volume grows nearly 14% to hit all-time hight of 110 billion units in FY’24: IEX

New Delhi : Energy trading platform Indian Energy Exchange (IEX) on Thursday said it has logged the highest-ever trade volume of 110 billion units (BU) in the fiscal year 2023-24, registering a growth of nearly 14 percent year-on-year. : psuwatch.com

NTPC receives GST orders worth Rs 7.9 crore

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New Delhi : The Power Sector PSU giant has informed that under the regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Corporation has received an order from the Deputy Commissioner (ST), State Special Circle-I, Kunchanapalli, Guntur. : psuconnect.in

SJVN honors for its CSR at 15th CIDC Vishwakarma Awards 2024

Shimla : State-owned unit SJVN Limited has won two prestigious awards at the 15th CIDC Vishwakarma Awards 2024, instituted by the Construction Industry Development Council. The company has been conferred with ‘Achievement Award for Creating Social Development & Impact’ and ‘CIDC Partners in Progress Trophy’. : psuconnect.in

Navinal Transmission Limited Incorporated as wholly owned Subsidiary of PFC Consulting Limited

New Delhi : State- owned unit PFCCL has informed through exchange filing that the Special Purpose Vehicle (SPY) Company, Navinal Transmission Limited has been incorporated as a wholly owned subsidiary of PFC Consulting Limited (PFCCL) (a wholly owned subsidiary of Power Finance Corporation Limited (PFC). : psuconnect.in

India’s hydropower capacity poised to post 50% jump by 2031-32

New Delhi : Hydroelectric power projects with an aggregate capacity of 15 GW are under construction in the country, which will increase the hydro capacity by more than 50 per cent from 42 GW to 67 GW by 2031-32, the Ministry of Power said on Friday. : Sarkaritel.com

Luminous Power Technologies inaugurates solar panel manufacturing factory in Uttarakhand

New Delhi : Luminous Power Technologies inaugurates solar panel manufacturing factory in Uttarakhand. : Economic Times

Accelerating E-Mobility with Residential Solar Rooftops

New Delhi : Accelerating E-Mobility with Residential Solar Rooftops. : Economic Times

Coal India 3rd in list of global CO2 emitters

New Delhi : Coal India 3rd in list of global CO2 emitters. : Economic Times

15th CIDC Vishwakarma Awards 2024 Honour SJVN For Corporate Social Responsibility Contribution

New Delhi : SJVN Limited has won two prestigious awards at the 15th CIDC Vishwakarma Awards 2024, instituted by the Construction Industry Development Council. SJVN has been conferred with ‘Achievement Award for Creating Social Development & Impact’ and ‘CIDC Partners in Progress Trophy’. : indianpsu.com

SJVN awards 75 meritorious students during SJVN Silver Jubilee Merit Scholarship ceremony

New Delhi : Under the ambit of its corporate social responsibility (CSR), SJVN organised a Silver Jubilee Merit Scholarship distribution ceremony at Corporate Headquarters in Shimla. : psuwatch.com

SJVN awards 75 meritorious students during SJVN Silver Jubilee Merit Scholarship ceremony

Shimla : Under the ambit of its Corporate Social Responsibility (CSR), SJVN organised a Silver Jubilee Merit Scholarship distribution ceremony at Corporate Headquarters in Shimla. Sh. Akhileshwar Singh, Director (Finance), SJVN, the chief guest of the occasion gave scholarships to 75 selected students from Himachal Pradesh who excelled in their Class 12 exams during the academic session 2023. : psuconnect.in

SJVN Invites Bids For 100 MW Solar Project Based On PPA With RUVNL

New Delhi : SJVN Invites Bids For 100 MW Solar Project Based On PPA With RUVNL. : saurenergy.com

Thermal power plants break records, Karnataka ready to meet growing summer power demand: Minister

New Delhi : Karnataka Energy Minister K. J. George on Friday said that the state’s thermal power plants have broken records and boosted the confidence of the state to meet growing demand for power during the summer. : Sarkaritel.com


Oil and Gas

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” New Delhi : Deepak Gupta, Director (Projects) & A K Tripathi, ED(Projects) along with other GAIL officials received the award in the category “Achievement Award for Best Construction Projects” wherein Barauni – Guwahati Natural Gas Pipeline Project (A part of PM Urja Ganga Gas Pipeline project) was recognised.” : Sarkaritel.com

RBI sees price of India’s crude oil imports at $85 a barrel in 2024-25

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New Delhi : The RBI expects the price of the Indian basket of crude oil imports to be around $85 per barrel going ahead amid geopolitical tensions which have “imparted significant uncertainty” to the outlook. : Sarkaritel.com

EET Retail appoints Narayan Bhatra as CEO to drive expansion plans

New Delhi : EET Retail appoints Narayan Bhatra as CEO to drive expansion plans. : Economic Times

IFFCO to buy 2 lakh tonne ammonia produced using renewable energy from ACME

New Delhi : IFFCO to buy 2 lakh tonne ammonia produced using renewable energy from ACME. : Economic Times

Green Hydrogen in India: Unleashing a New Energy Paradigm

New Delhi : Green Hydrogen in India: Unleashing a New Energy Paradigm. : Economic Times

SPIC plans transition to 100% natural gas for urea production

New Delhi : SPIC plans transition to 100% natural gas for urea production. : Economic Times

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On April 5

New Delhi : Petrol and Diesel Prices Today On April 5, 2024: Government oil companies have released new prices of petrol and diesel for today i.e. 5 April 2024. Every day at 6 am, new oil rates are updated for all the cities of the country. According to which, there has been no change in oil prices at the national level today. : news18.com

‘Rising crude oil prices pose headwinds for Indian markets’

New Delhi : The Middle East skirmishes have pushed up Brent crude to $91 and if oil continues to rise that can pose macro headwinds for India, says V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services. : Sarkaritel.com

GAIL wins 15th CIDC Vishwakarma Award for Barauni – Guwahati pipeline

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New Delhi : GAIL (India) Limited won the 15th ‘CIDC Vishwakarma Award’ in the ‘Achievement Award for Best Construction Projects’ category for its Barauni – Guwahati Natural Gas Pipeline project (BGPL). : psuwatch.com

Green Hydrogen in India: Unleashing a New Energy Paradigm

New Delhi : Green Hydrogen in India: Unleashing a New Energy Paradigm. : Economic Times

Shell sees significantly lower Q1 LNG trading results

New Delhi : Shell sees significantly lower Q1 LNG trading results. : Economic Times

India’s diesel exports to Asia down 63% in March

New Delhi : India’s diesel exports to Asia slumped 63% month-on-month in March as increased competition from Chinese and South Korean suppliers eroded margins. : Economic Times

Monthly natural gas trades down 80% in March: Indian Gas Exchange

New Delhi : An increasing trend in gas prices and an extended winter, which reduced gas-based power demand, led to over 80 per cent fall in monthly natural gas volumes traded on the Indian Gas Exchange Limited (IGX) to 1.13 metric million British thermal units (mmBtu) in March, the company said on Friday. : Business Standard

EIL with GAIL begun erection of one of the largest ODCs in Asia

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New Delhi : Engineers India Limited along with GAIL have begun the erection of one of the largest ODCs in Asia at GAIL (India) Limited’s 500 KTA PDH-PP Petrochemical plant in Usar, Maharashtra. Sections 1, 2 & 3 out of a total of 5 sections of the Product Splitter Column for the Propane De-hydrogenation (PDH) Unit have been erected so far. : psuconnect.in

GAIL commemorates 10th anniversary of its iconic office building ‘GAIL Jubilee Tower’

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New Delhi : GAIL today marks a significant milestone as it commemorates the 10th anniversary of its iconic office building, the GAIL Jubilee Tower, located in Noida. : psuconnect.in

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