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MEDIA UPDATE (April 27, 2024)

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27-Apr-2024

Power

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” New Delhi : Ministry of Ports, Shipping and Waterways (MoPSW) is actively working on establishing a dedicated Maritime Development Fund akin to established sectoral financial institutions such as Power Finance Corporation, REC and IRFC, a senior ministry official has confirmed.” : Sarkaritel.com

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” New Delhi : NTPC Kanti was among the first stations to start the GEM program pan NTPC. GEM (Girl Empowerment Mission) program aims to empower girls by providing them with education and skills necessary for their holistic development.” : Sarkaritel.com

REC avails SACE-covered green loan for over JPY60.5 billion

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New Delhi : REC avails SACE-covered green loan for over JPY60.5 billion. : Economic Times

NTPC Kanti, First Station Of NTPC To Start Girl Empowerment Mission 2024

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New Delhi : NTPC Kanti was among the first stations to start the GEM program pan NTPC. GEM (Girl Empowerment Mission) program aims to empower girls by providing them with education and skills necessary for their holistic development. : indianpsu.com

G7 far from meeting 2030 renewable energy tripling target: Report

New Delhi : G7 far from meeting 2030 renewable energy tripling target: Report. : Economic Times

WORLD ENERGY CONGRESS 2024: IREDA CMD HIGHLIGHTS NEED FOR INNOVATIVE FINANCING SOLUTIONS

New Delhi : World Energy Congress 2024: IREDA CMD highlights need for Innovative Financing Solutions for New and Emerging Renewable Energy Technologies : globalgreenews.com

IEEFA releases Indian States’ Electricity Transition 2024 report

New Delhi : The first edition of the Institute for Energy Economics and Financial Analysis (IEEFA) and Ember’s State Electricity Transition (SET) report in 2023 analyzed 16 Indian states to help identify the areas that require action and attention at the state level. : psuconnect.in

KPI Green Delivers Stellar Q4 and full year Results, 1.23 GW project Pipeline

New Delhi : KPI Green Delivers Stellar Q4 and full year Results, 1.23 GW project Pipeline. : saurenergy.com

RUMSL Invites Bids to Develop 170 MW Solar Project

New Delhi : RUMSL Invites Bids to Develop 170 MW Solar Project. : mercomindia.com

Higher generation capacity, gas-based plants to help meet India’s high summer power demand: Fitch

New Delhi : Higher generation capacity, gas-based plants to help meet India’s high summer power demand: Fitch. : Economic Times

India expects annual power output to grow at fastest in over a decade

New Delhi : India expects power generation to grow 9.3% to 1,900 billion kilowatt hours (kWh) during the fiscal year through March 2025, internal projections by the federal power ministry reviewed by Reuters show, the fastest pace of growth since at least 2011/12. : Economic Times

Adani arm completes 49% acquisition in Adani Esyasoft Smart Solutions

New Delhi : Adani Enterprises’ arm Adani Global Limited on Friday announced that it had completed the acquisition of a 49% stake in Adani Esyasoft Smart Solutions. : Economic Times

At least $12 trn needed for tripling renewable energy capacity by 2030

New Delhi : At least $12 trillion is required to create new infrastructure over the next six years for tripling global renewable energy capacity by 2030, COP28 President Sultan Al Jaber said on Friday. : Business Standard

WORLD ENERGY CONGRESS: ADB CHARTS COURSE FOR SUSTAINABLE GROWTH WITH STRATEGY 2030

New Delhi : The Asian Development Bank (ADB) has reaffirmed its commitment to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific region during its participation at the 26th edition of the World Energy Congress. : globalgreenews.com

SJVN, THDC jointly to develop high-performance water sports academy at Uttarakhand

New Delhi : SJVN Limited on Friday announced signing of an MoU with THDC India Limited for development of a high-performance water sports academy in Tehri, Uttarakhand. : psuwatch.com

BREDA Invites Bids For 200 MW Rooftop Solar Project Across Govt. Buildings In Bihar

New Delhi : BREDA Invites Bids For 200 MW Rooftop Solar Project Across Govt. Buildings In Bihar. : saurenergy.com

CERC Grants Connectivity for 300 MW Solar Project Citing Force Majeure Events

New Delhi : CERC Grants Connectivity for 300 MW Solar Project Citing Force Majeure Events. : mercomindia.com

Bihar Invites Bids for 200 MW Rooftop Solar Projects

New Delhi : Bihar Invites Bids for 200 MW Rooftop Solar Projects. : mercomindia.com

CESC acquires co building 300 MW solar park in Rajasthan for Rs 3.84 cr

New Delhi : CESC Ltd on Friday said one of its step-down subsidiaries has completed the acquisition of a company that is in the process of implementing a 300-MW solar park in Rajasthan. : Business Standard

India expects annual power output to grow at fastest in over a decade

New Delhi : India expects power generation to grow 9.3% to 1,900 billion kilowatt hours (kWh) during the fiscal year through March 2025, internal projections by the federal power ministry reviewed by Reuters show, the fastest pace of growth since at least 2011/12. : Business Standard

NTPC Kanti, first station among NTPC, started Girl Empowerment Mission 2024

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New Delhi : NTPC Kanti was among the first stations to start the GEM program pan NTPC. GEM (Girl Empowerment Mission) program aims to empower girls by providing them with education and skills necessary for their holistic development. : psuconnect.in


Oil and Gas

Engineers India Paves the Way for Oil & Gas Sector Indigenization

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New Delhi : The Engineers India Limited (EIL) team is at the forefront of driving innovation and research towards the indigenization of the oil & gas sector while charting a roadmap for Bharat’s Energy Self-Reliance. : psuconnect.in

Saudi oil giant Aramco agrees major FIFA sponsorship deal

New Delhi : Saudi oil giant Aramco agrees major FIFA sponsorship deal. : Economic Times

Higher generation capacity, gas-based plants to help meet India’s high summer power demand: Fitch

New Delhi : Higher generation capacity, gas-based plants to help meet India’s high summer power demand: Fitch. : Economic Times

TotalEnergies quarterly net profit rises to $5.7 bn

New Delhi : TotalEnergies quarterly net profit rises to $5.7 bn. : Economic Times

OPEC is causing market volatility, says Hardeep Puri

New Delhi : The current market volatility is being caused by the OPEC producer group rather than the conflict in the Middle East, said Union Minister of Petroleum & Natural Gas Hardeep Singh Puri on Friday, reported ET Now. : Economic Times

India receives oil cargo in Russian SCF tanker after brief halt, sources say

New Delhi : A ship controlled by U.S.-sanctioned Russian shipping giant Sovcomflot (SCF) discharged fuel oil at a western Indian port on Friday, two sources familiar with the matter said, indicating a resumption in the use of SCF vessels to supply Moscow’s key market after a brief halt. : Economic Times

Oil PSUs’ output from overseas fields up a tad

New Delhi : India’s state-run firms’ output from overseas oil and gas fields marginally rose in 2023-24 after declining for four straight years. The output, however, remained a fifth below the peak of 2018-19 as producing fields matured and no new overseas assets were acquired in recent years. : Economic Times

India receives oil cargo in Russian SCF tanker after brief halt: Report

New Delhi : A ship controlled by U.S.-sanctioned Russian shipping giant Sovcomflot (SCF) discharged fuel oil at a western Indian port on Friday, two sources familiar with the matter said, indicating a resumption in the use of SCF vessels to supply Moscow’s key market after a brief halt. : Business Standard

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On April 26

New Delhi : Petrol and Diesel Prices On April 26, 2024: The price of crude oil continues to fluctuate in the international market. Brent crude is $ 88 per barrel, while WTI crude is trading at $ 82.77 per barrel. : news18.com

Ohmium partners with Tata Projects to advance green hydrogen initiatives in India

New Delhi : Ohmium partners with Tata Projects to advance green hydrogen initiatives in India. : Economic Times

Clean energy drives massive BHP takeover bid

New Delhi : Clean energy drives massive BHP takeover bid. : Economic Times

Vedanta Q4 net profit dips 27 pc on one-time impairment

New Delhi : Vedanta Q4 net profit dips 27 pc on one-time impairment. : Economic Times

India’s February oil imports rise amid shifts in global market dynamics

New Delhi : India’s February oil imports rise amid shifts in global market dynamics. : Economic Times

BackBack Chennai Petroleum Corporation Q4 Results Live : profit falls by 38% YOY

New Delhi : Chennai Petroleum Corporation Q4 Results Live : Chennai Petroleum Corporation declared their Q4 results on 24 Apr, 2024. The topline decreased by 2.47% & the profit decreased by 38% YoY. As compared to the previous quarter the revenue grew by 1.8% and the profit increased by 71.89%. : Mint

Varanasi pilot for deployment of green hydrogen fuel cell vessels on NW-I

New Delhi : Varanasi has been selected as the pilot location for deployment of green hydrogen fuel cell inland vessels on National Waterways-I, aligning with the government’s Harit Nauka guidelines, an official statement said on Friday. : Business Standard

The Hydrogen Stream: Ohmium, Tata Projects partner for green hydrogen projects in India

New Delhi : Ohmium International (Ohmium), a green hydrogen company that designs, manufactures and deploys advanced proton exchange membrane (PEM) electrolyzers, has partnered with Tata Projects, an EPC company, for green hydrogen projects in India. : pv-magazine.com

Petrol and diesel prices remain stable for 42 days in Chennai

Chennai : In Chennai, the price of petrol and diesel remain stable for the past 42 days. Accordingly, one litre of petrol cost Rs 100.75 and diesel costs for Rs 92.34 in the city. : dtnext.in

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