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MEDIA UPDATE (April 25, 2024)

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25-Apr-2024

Power

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” New Delhi : REC Limited, a Maharatna CPSE under Ministry of Power and a leading NBFC, has signed an agreement with Chenab Valley Power Project Private Limited (CVPPPL) for financial assistance of ?1869.265 Crore as Term Loan.” : Sarkaritel.com

REC to extend term loan of Rs 1,869 cr for Kiru Hydro Electric Project in Kishtwar

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New Delhi : REC Limited, a Maharatna Central Public Sector Enterprise and an NBFC under the Ministry of Power has signed an agreement with Chenab Valley Power Project Private Limited (CVPPPL), under which REC will provide CVPPL with the financial assistance of Rs 1,869.265 crores as term loan. : theprint.in

REC signs agreement with CVPPPL for ?1869 Cr term loan

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New Delhi : REC Limited, a Maharatna CPSE under Ministry of Power and a leading NBFC, has signed an agreement with Chenab Valley Power Project Private Limited (CVPPPL) for financial assistance of ?1869.265 Crore as Term Loan. : thenewsmill.com

REC okays Rs 1,869 crore loan for Kiru hydro project in J&K

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New Delhi : REC Limited, a Maharatna public sector company and a leading NBFC, has signed an agreement with Chenab Valley Power Project Private Limited (CVPPPL) for providing a term loan of Rs 1,869.26 crore. : Zeebiz

REC to extend term loan of Rs 1,869 cr for Kiru Hydro Electric Project in Kishtwar

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New Delhi : REC Limited, a Maharatna Central Public Sector Enterprise and an NBFC under the Ministry of Power has signed an agreement with Chenab Valley Power Project Private Limited (CVPPPL), under which REC will provide CVPPL with the financial assistance of Rs 1,869.265 crores as term loan. : Economic Times

NextEra reports strong growth in renewables projects

New Delhi : NextEra reports strong growth in renewables projects. : Economic Times

Peak power demand in India projected at 260 GW, states need to up clean energy capabilities: Report

New Delhi : Peak power demand in India projected at 260 GW, states need to up clean energy capabilities: Report. : Economic Times

Solar power drives record renewable energy growth in India

New Delhi : Solar power drives record renewable energy growth in India. : Economic Times

TPWODL appoints Parveen Kumar Verma as new CEO to drive growth in Odisha’s power sector

New Delhi : TPWODL appoints Parveen Kumar Verma as new CEO to drive growth in Odisha’s power sector. : Economic Times

Solar power drives record renewable energy growth in India

New Delhi : Solar power drives record renewable energy growth in India. : Economic Times

Juniper Green Energy, Tata Power sign PPA for 85 MW hybrid project in Maharashtra

New Delhi : Juniper Green Energy, Tata Power sign PPA for 85 MW hybrid project in Maharashtra. : Economic Times

Power Grid to infuse funds in National High Power Testing Laboratory; to hold 50 pc stake

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New Delhi : Power Grid to infuse funds in National High Power Testing Laboratory; to hold 50 pc stake. : Economic Times

India’s 10 GWh tender draws seven bids to set up giga-scale battery cell manufacturing facilities under PLI scheme

New Delhi : India’s Ministry of Heavy Industries (MHI) has received seven bids under its global tender for the re-bidding of production-linked incentives (PLI) for 10 GWh advanced chemistry cell (ACC) manufacturing announced in January this year. : pv-magazine.com

India installed 7.1 GW of renewable energy capacity in March

New Delhi : Rystad Energy’s latest data reveals monthly renewable energy installations in India surged to a record 7.1 GW in March 2024, more than doubling the previous record of 3.5 GW set in March 2022. Of the record 7.1 GW of renewable capacity added in March. : pv-magazine.com

REC LIMITED TO EXTEND TERM LOAN OF ? 1, 869 CR FOR KIRU HYDRO ELECTRIC PROJECT IN KISHTWAR, J&K

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New Delhi : REC Limited, a Maharatna Central Public Sector Enterprise and leading NBFC under the Ministry of Power, has signed an agreement with Chenab Valley Power Project Private Limited (CVPPPL), under which REC will provide CVPPL with a financial assistance of ? 1,869.265 crores as Term Loan. : globalgreenews.com

NTPC Triumphs At SCOPE Business Quiz Bonanza 2024

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New Delhi : The NTPC team comprising of Shri K M Prashanth, GM (CC) and Shri Anshuman Srivastava, DGM (CP) emerged as the winner in the grand finale, surpassing stiff competition from other esteemed public sector units. : indianpsu.com

REC to extend Rs 1,869 cr loan for Kiru hydro project in J&K

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New Delhi : State-owned REC Ltd said on Wednesday it will provide a term loan of Rs 1,869 crore for 624 MW Kiru Hydro Electric Project in Kishtwar, Jammu & Kashmir. : psuwatch.com

SJVN Limited inaugurates India’s first Multi-purpose Green Hydrogen Pilot Project

New Delhi : SJVN Limited achieved a significant milestone with inauguration of India’s first Multi-purpose (Combined Heat & Power) Green Hydrogen Pilot Project at 1500 MW Nathpa Jhakri Hydro Power Station (NJHPS) in Jhakri, Himachal Pradesh today. : psuconnect.in

REC Limited to extend term loan of Rs 1,869 cr for Kiru Hydro Electric Project in Kishtwar, J&K

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New Delhi : REC Limited, a Maharatna Central Public Sector Enterprise and leading NBFC under the Ministry of Power, has signed an agreement with Chenab Valley Power Project Private Limited (CVPPPL), under which REC will provide CVPPL with a financial assistance of Rs 1,869.265 crores as Term Loan. : psuconnect.in

NTPC Triumphs at SCOPE Business Quiz Bonanza 2024

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New Delhi : NTPC proudly announces its resounding victory at the prestigious SCOPE Business Quiz Bonanza (SBQB) held recently at SCOPE Convention Centre, New Delhi as part of the Public Sector Day celebrations. : psuconnect.in

Power Secretary, and CMD, PFC Parminder Chopra convened at PFC Pod during WEC in Rotterdam

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New Delhi : Shri Pankaj Agarwal, Secretary, Power, Govt of India and Smt. Parminder Chopra, Chairman and Managing Director of PFC, convened at the PFC Pod, India Pavilion, during the World Energy Congress (WEC) in Rotterdam, the Netherlands. : psuconnect.in

REC okays Rs 1,869 crore loan for Kiru hydro project in J&K

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Gurgoan, Haryana : REC Limited, a Maharatna public sector company and a leading NBFC, has signed an agreement with Chenab Valley Power Project Private Limited (CVPPPL) for providing a term loan of Rs 1,869.26 crore. : Sarkaritel.com

REC to Provide loan of Rs. 1869 cr to Chenab Valley Power Project in J&K

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New Delhi : REC to Provide loan of Rs. 1869 cr to Chenab Valley Power Project in J&K. : uniindia.com

BUSINESS REC Signs Agreement With CVPPPL For ?1869 Cr Term Loan For Kiru 624MW Hydro Project

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Gurgoan, Haryana : REC Limited, a Maharatna CPSE under Ministry of Power and a leading NBFC, has signed an agreement with Chenab Valley Power Project Private Limited (CVPPPL) for financial assistance of ?1869.265 Crore as Term Loan. : orissadiary.com

REC to extend Rs 1,869 cr loan for Kiru hydro project in Jammu & Kashmir

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New Delhi : State-owned REC Ltd on Wednesday said it will provide a term loan of Rs 1,869 crore for 624 MW Kiru Hydro Electric Project in Kishtwar, Jammu & Kashmir. : Business Standard

CVPPPL signs agreement with REC Ltd for term loan

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Jammu : Chenab Valley Power Project Private Limited (CVPPPL), Joint Venture of NHPC LTD today signed an agreement with REC Limited, for financial assistance of Rs 1869.265 Crore (Rupees One Thousand Eight Hundred Sixty Nine Crore Twenty Six Lakh Fifty Thousand only) as Term Loan. : dailyexcelsior.com

Hitachi Energy eyes expansion in India amid rising power demand

New Delhi : Hitachi Energy eyes expansion in India amid rising power demand. : Economic Times

India showcases energy innovations at 26th World Energy Congress in Rotterdam

New Delhi : India showcases energy innovations at 26th World Energy Congress in Rotterdam. : Economic Times

Use of renewable energy could revolutionise agriculture in Hindu Kush Himalayas:experts

New Delhi : Use of renewable energy could revolutionise agriculture in Hindu Kush Himalayas:experts. : Economic Times

Indian Bank inks pact with Tata Power Solar Systems to offer financing solutions

New Delhi : Indian Bank inks pact with Tata Power Solar Systems to offer financing solutions. : Economic Times

NTPC-NPCIL JV may invite bids for work on Rajasthan nuclear power unit this FY

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New Delhi : NTPC-NPCIL JV may invite bids for work on Rajasthan nuclear power unit this FY. : Economic Times

Hitachi Energy plans India expansion, local ops amid rising power demand

New Delhi : Hitachi Energy is looking to open more global capability centers in India to expand local operations, amid growing energy demand and a push to scale up renewable energy generation in the country. : Business Standard

Trina Solar claims 740 W output for TOPCon PV module

New Delhi : Trina Solar said its n-type i-TOPCon solar module for applications in large-scale PV projects reached an output of 740.6 W. Germany’s TÜV SUD has confirmed the results. : pv-magazine.com

Grew Energy secures 200 MW in SECI’s 400 MW solar PV module auction

New Delhi : Grew Energy has won the largest contract of 200 MW in Solar Energy Corp. of India’s (SECI) 400 MW solar PV module auction. : pv-magazine.com

REC Ltd. has incorporated subsidiary company BPTL

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New Delhi : REC Ltd. has stated that Bhadla-III Power Transmission Limited has been incorporated as a Wholly Owned Subsidiary of REC Power Development & Consultancy Limited (a Wholly Owned Subsidiary of REC Limited). : psuconnect.in

NHPTL Signed Supplementary JV Agreement 3 with Public shareholders

New Delhi : According to a filing made by the company, the supplementary Joint Venture Agreement -3 has been signed by shareholders of NHPTL viz. NTPC, NHPC, POWERGRID, DVC & CPRI. This agreement is based on the agreed revival plan earlier reached upon within the parties. : psuconnect.in

SGEL Invites Bids For 400 MW MSEDCL Solar Projects Across Maharashtra

New Delhi : SGEL Invites Bids For 400 MW MSEDCL Solar Projects Across Maharashtra. : saurenergy.com


Oil and Gas

Mitsui says no decision yet on ADNOC LNG project tie-up after Nikkei report

New Delhi : Mitsui says no decision yet on ADNOC LNG project tie-up after Nikkei report. : Economic Times

GAIL plans to expand LNG trading business to global markets

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New Delhi : India’s top gas marketer GAIL aims to become a global liquefied natural gas (LNG) trader as the expanding market fuels new business opportunities. : Economic Times

Oil extends losses on easing Middle East tensions, slower US biz activity; Brent steady at $88/bbl

New Delhi : Oil prices were moderately lower on Wednesday, April 24, as worries over conflict in the Middle East eased and business activity in the world’s largest oil consumer slowed down, however, a fall in US crude oil inventories put a floor on the losses. : Mint

Chennai Petroleum stock up 17% on strong Q4 results, dividend announcement

New Delhi : Chennai Petroleum Corporation stock price soared 16.5 per cent to Rs 1,081.65 apiece, also its fresh record high, on the BSE in Wednesday’s intraday trade after the energy firm posted solid January-March quarter result (Q4FY24). : Business Standard

BPCL CMD reviewed ongoing activities at Onshore 1 block in Abu Dhabi

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New Delhi : Shri G Krishnakumar, Chairman & Managing Director of Bharat Petroleum Corporation Limited (BPCL), accompanied by Shri V R K Gupta, Director (Finance) and Barnali Tokhi, Managing Director, BPRL, visited the Onshore 1 block in Abu Dhabi. : psuconnect.in

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On April 24

New Delhi : Petrol and Diesel Prices On April 24, 2024: The price of crude oil continues to fluctuate in the international market. However, its effect is not visible in India. : news18.com

New technology helps US shale oil industry start to rebuild well productivity

New Delhi : New technology helps US shale oil industry start to rebuild well productivity. : Economic Times

Reliance wins govt nod for additional investment to raise KG-D6 gas output

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New Delhi : Reliance wins govt nod for additional investment to raise KG-D6 gas output. : Economic Times

IGX rolls out ssLNG contracts to meet rising gas demand in off-grid regions

New Delhi : IGX rolls out ssLNG contracts to meet rising gas demand in off-grid regions. : Economic Times

Japan Gas Association expects LNG prices to rise, tracking oil, if Strait of Hormuz blocked

Tokyo, Japan : Japan Gas Association expects LNG prices to rise, tracking oil, if Strait of Hormuz blocked. : Economic Times

India, UAE on track to surpass $100 bn non-oil trade target by 2030

New Delhi : India and UAE trade has increased 15 per cent since the implementation of the free trade agreement in May 2022 and the two countries are on track to surpass the target of $100 billion in non-oil trade by 2030, CEPA Council Director Ahmed Aljneibi said on Wednesday. : Business Standard

IGX Launches ssLNG Contracts – To Take Gas Availability Beyond National Grid

New Delhi : The Indian Gas Exchange (IGX) having received approval from the Petroleum and Natural Gas Regulatory Board (PNGRB) launched contracts of Small-Scale Liquefied Natural Gas (ssLNG) on its platform. : indianpsu.com

IGX launches ssLNG contracts to take gas to remote areas

Mumbai : The Indian Gas Exchange (IGX) has launched contracts of Small-Scale Liquefied Natural Gas (ssLNG) on its platform, said an official statement on Wednesday. : psuwatch.com

SJVN Limited inaugurates India’s first Multi-purpose Green Hydrogen Pilot Project

New Delhi : SJVN Limited achieved a significant milestone with inauguration of India’s first Multi-purpose (Combined Heat & Power) Green Hydrogen Pilot Project at 1500 MW Nathpa Jhakri Hydro Power Station (NJHPS) in Jhakri, Himachal Pradesh today. : psuconnect.in

GAIL bags International award under Value for Money category

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New Delhi : GAIL India Limited has been conferred with the prestigious International award under the category Value for Money by the International Federation of Training and Development Organisation (IFTDO) on April 22, 2024. : psuconnect.in

IndianOil flagged Off Academy on Wheels

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New Delhi : Indian Oil Chairman, Shrikant Madhav Vaidya unfolded a groundbreaking chapter by flagging off “Academy on Wheels” in the presence of Director, Marketing at the Marketing Head Office in Mumbai. : psuconnect.in

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