Public Sector News

MEDIA UPDATE (APRIL 08, 2023)

08-Apr-2023

Power

NLCIL sets new records in power generation and coal production

6255622e3cc21Cuddalore : Neyveli Lignite Corporation India Limited (NLCIL), a state-owned Navratna grade Public Sector under the Union Coal Ministry, has achieved several milestones and created new records in its physical performances during the financial year 2022-23. : New Indian Express

Power Finance Corporation (PFC) dividend declared in FY23 beats PPF, EPF, bank FD returns

5270f1a1f406dNew Delhi : Investing in dividend stocks may turn out a better bet than risk-free small saving schemes like Public Provident Fund (PPF), Employees’ Provident Fund (EPF) and bank fixed deposits (FDs). : Mint

NTPC Korba reaffirms commitment to empowering rural youth through skill development programs

526d57314ba45New Delhi : Under its Corporate Social Responsibility, NTPC Korba, through CIPET, has provided training on “Machine Operator Assistant-Injection Moulding” skill development. : psuconnect.in

Delhi to get 100 EV charging stations soon

New Delhi : Delhi to get 100 EV charging stations soon. : Economic Times

27,000 ckm of power transmission lines to be added by 2024-25: Govt

New Delhi : 27,000 ckm of power transmission lines to be added by 2024-25: Govt. : Economic Times

Netherlands firm keen to invest in Punjab’s clean energy sector

New Delhi : Netherlands firm keen .to invest in Punjab’s clean energy sector : Economic Times

Solar PLI Scheme: Grew Energy hopes to achieve targeted capacity addition before deadline

New Delhi : Solar PLI Scheme: Grew Energy hopes to achieve targeted capacity addition before deadline. : Economic Times

India New Issue – REC to issue over 3-year bonds next week – bankers

New Delhi : India New Issue – REC to issue over 3-year bonds next week – bankers. : Economic Times

Adani Power’s thermal plant in Jharkhand begins commercial operation

New Delhi : Adani Power’s thermal plant in Jharkhand begins commercial operation. : Economic Times

Union Power Minister announces reduction of DISCOMs’ legacy dues

New Delhi : As per the information available on PRAAPTI portal, the total dues of power distribution companies (DISCOMs) towards Generating Companies as on 28.03.2023 are: : psuconnect.in

Govt sets criteria for allocation of power from central pool to states, UTs

New Delhi : Govt sets criteria for allocation of power from central pool to states, UTs. : Economic Times

Avaada Energy gets 421 MW solar project from Damodar Valley Corporation

New Delhi : Avaada Energy gets 421 MW solar project from Damodar Valley Corporation. : Economic Times

CERC allows power exchanges to charge 2 paise per unit transaction fee

New Delhi : CERC allows power exchanges to charge 2 paise per unit transaction fee. : Economic Times

Coal production rises 12% to 107.84 million tonnes in March 2023

New Delhi : Coal production rises 12% to 107.84 million tonnes in March 2023. : Economic Times

Adani Power’s Jharkhand unit begins operations, to supply power to Bangladesh

Mumbai : Adani Power Ltd, part of billionaire Gautam Adani’s group of companies, on Friday said that its power plant in Jharkhand has begun commercial operations. : Mint

27,000 ckm of power transmission lines to be added by 2024-25: Govt

New Delhi : The power transmission network is planned to be expanded from 4,25,500 circuit kilometer (existing as on May 31, 2020) to 4,54,200 circuit kilometer (ckm) by 2024-25 resulting in addition of nearly 28,700 ckm under Prime Minister’s Gati Shakti Master Plan. : thestatesman.com

‘No more power crisis in state’: Punjab CM Mann says all power dues cleared

Chandigarh : Punjab Chief Minister Bhagwant Mann Friday said that the state government had cleared all dues of the power utility by paying the subsidy bill of Rs 20,200 crore. Besides, the government has also promised to pay the legacy outstanding of Rs 9,020 crore in instalments in five years, and already paid the first instalment of Rs 1,804 core and the interest of Rs 663 crore. : Indian Express

Clean energy infrastructure may be included in harmonized master list

New Delhi : The Centre is looking to include new clean energy ‘sunrise’ sectors with thriving potential into the Harmonized Master List of Infrastructure, Business Standard has learnt. These could include renewable energy infrastructure (infra) across wind, solar, hydrogen, and digital infra sub-sectors. : Business Standard

NATIONAL State Governments Advised From Time To Time For Filling Up Vacancies In State Electricity Regulatory Commissions: Union Power & NRE Minister R. K. Singh

New Delhi : Section 82 of the Electricity Act, 2003 empowers State Government to appoint Chairpersons and Members of State Electricity Regulatory Commission (SERC). The details of the State-wise vacancy position in SERCs as provided by Forum of Regulators (FoR) is at Annexure. : orissadiary.com

Chhukha Hydropower Project enhancing India-Bhutan energy cooperation

New Delhi : After the export tariff with India was revised, the Chhukha Hydropower Project will now generate additional revenue of Nu 590 M this year, Bhutan Live reported. : theprint.in


Oil and Gas

ONGC Tripura Asset posts highest ever gas production

524e3664f21b1New Delhi : ONGC Tripura Asset posts highest ever gas production. : Economic Times

GreenLine deploys LNG-powered trucks at UltraTech Cement’s Pune bulk terminal

New Delhi : GreenLine deploys LNG-powered trucks at UltraTech Cement’s Pune bulk terminal. : Economic Times

Govt revises gas pricing formula; CNG, piped cooking gas to cost 10% less

New Delhi : Govt revises gas pricing formula; CNG, piped cooking gas to cost 10% less. : Economic Times

Govt imposes gas price caps: Here is how the prices of PNG, CNG will change

New Delhi : The Centre on Thursday amended the domestic pricing model of natural gas by imposing a price cap on it. This price cap would help reduce the prices of piped natural gas (PNG), supplied to households, and compressed natural gas (CNG), used as auto fuel and by various industries, by up to 10 per cent. : Business Standard

Cabinet approves revised domestic natural gas pricing guidelines; notify prices on a monthly basis

New Delhi : The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved the revised domestic natural gas pricing guidelines for gas produced from nomination fields of ONGC/OIL, New Exploration Licensing Policy (NELP) blocks and pre-NELP blocks, where Production Sharing Contract (PSC) provides for Government’s approval of prices. : psuconnect.in

Petrol and diesel prices on April 7. Check prices in your city

New Delhi : The cost of petrol and diesel in India remained stagnant on Friday, continuing a ten-month trend of price stability. Prices were last changed in May 2022 after the Centre slashed excise duty on petrol and diesel by ₹8 per litre and ₹6 per litre, respectively. : Hindustan Times

Retail margin on diesel turns positive for the first time in five quarters

New Delhi : Retail margin on diesel turns positive for the first time in five quarters. : Economic Times

New gas pricing norms can reduce CNG, PNG prices by 9-11 per cent

New Delhi : New gas pricing norms can reduce CNG, PNG prices by 9-11 per cent. : Economic Times

New gas pricing formula to impact realisations of ONGC, RIL: Report

New Delhi : New gas pricing formula to impact realisations of ONGC, RIL: Report. : Economic Times

How revision in domestic gas pricing will reduce CNG and PNG prices- Explained

New Delhi : A day after revising the domestic gas pricing guidelines, the Union Cabinet on Thursday imposed a cap or ceiling price which can help to reduce prices of CNG and piped cooking gas prices (PNG) by up to 10%. : Mint

Govt imposes gas price caps, accepts key suggestions of Kirit Parikh panel

New Delhi : The government on Thursday amended the domestic pricing model of natural gas in line with the recommendations of the Kirit Parikh committee on gas pricing. : Business Standard

CPCL achieved best-ever Physical Performance in fy 2022-23

New Delhi : Chennai Petroleum Corporation Limited (CPCL) has achieved the record, best-ever Physical Performance for the financial year 2022-23. : psuconnect.in

Petrol, diesel prices remain unchanged for 321st day in Chennai

Chennai : In Chennai, the price of a litre of petrol and diesel has been constant over the last 320 days at Rs.102.63 and Rs. 94.24 respectively. : dtnext.in

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