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MEDIA UPDATE (AUGUST 03, 2024)

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03-Aug-2024

Power

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” New Delhi : NTPC Kanti proudly announces the launch of a pioneering Mobile Medical Unit, a significant stride towards improving maternal and child healthcare in the region.” : Sarkaritel.com

Central Electricity Authority (CEA) accords concurrence to two Hydro Pumped Storage Plants

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New Delhi : India needs Hydro Pumped Storage Projects (PSPs) to support faster energy transition with large scale integration of renewable capacity in the country and also ensuring energy security. : Sarkaritel.com

NTPC-NPCIL joint venture likely to invest Rs 50,400 cr in 2,800 MW nuclear power plant

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New Delhi : NTPC Ltd and Nuclear Power Corporation of India are likely to invest around Rs 50,400 crore for 2,800 MW Mahi-Banswara nuclear power plant to be jointly developed by the two state-owned companies. : Economic Times

BHEL to demonstrate India’s 1st methanol-fired gas turbine at NTPC Kayamkulam

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New Delhi : Bharat Heavy Electricals Limited (BHEL) on Friday said that it has received the first ever order for the demonstration of methanol firing in a Gas Turbine at the 350 MW Kayamkulam Combined Cycle Power Plant (CCPP) of NTPC installed at Alappuzha district in Kerala. : psuwatch.com

Improved monsoon leads to power demand moderation in India: Report

New Delhi : As monsoon coverage improves, power demand in India has moderated, especially in the southern regions, a report showed on Friday. Power demand is estimated to have risen 7 per cent (year-on-year) in July to 150 billion units (BUs) owing to higher power demand in northern states, according to a Crisil report. : Sarkaritel.com

UK to host IEA’s key energy security summit in 2025 amid rising global concerns

New Delhi : UK to host IEA’s key energy security summit in 2025 amid rising global concerns. : Economic Times

Gaurav Gogoi addresses MPs from India, Bangladesh, Egypt on energy transition

New Delhi : Gaurav Gogoi addresses MPs from India, Bangladesh, Egypt on energy transition. : Economic Times

India’s coal production rises to 74.07 million tonne in July, up 6.69%

New Delhi : India’s coal production rises to 74.07 million tonne in July, up 6.69%. : Economic Times

Thermax Q1 net profit surges 82 percent to ?109 crore, revenue up 13 percent to ?2,184 crore

New Delhi : Thermax Q1 net profit surges 82 percent to ?109 crore, revenue up 13 percent to ?2,184 crore. : Economic Times

2600 MW hydro pumped storage plants cleared by CEA, aiming for 74 GW by 2031-32

New Delhi : 2600 MW hydro pumped storage plants cleared by CEA, aiming for 74 GW by 2031-32. : Economic Times

RattanIndia Power posts Rs 93 cr profit in April-June

New Delhi : RattanIndia Power posts Rs 93 cr profit in April-June. : Economic Times

World’s largest vertical rooftop PV system deployed on Norway’s national football stadium

New Delhi : The world’s largest rooftop vertical bifacial solar installation in the world to date has been installed on the Norwegian national football stadium. : pv-magazine.com

NTPC Kanti unveils innovative mobile medical unit to enhance maternal & child healthcare

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New Delhi : NTPC Kanti on Friday announced the launch of a pioneering mobile medical unit, a significant stride towards improving maternal and child healthcare in the region. : psuwatch.com

NPCIL begins fuel loading in 700 MWe unit of Rajasthan Atomic Power Project

New Delhi : State-run Nuclear Power Corporation of India Limited (NPCIL) said on Friday that it has begun loading of nuclear fuel for the first time in Unit-7 of Rajasthan Atomic Power Project at Rawatbhata, Kota. : psuwatch.com

KPI Green Energy arm gets LoI for solar projects totalling 28.4 MW

New Delhi : KPI Green Energy on Friday said its arm Sun Drops Energia Private Ltd has secured several letters of intent for solar projects totalling 28.40 megawatt (MW). : psuwatch.com

CEA Expedites PSP Approvals, Sets To Develop Two New Projects

New Delhi : CEA Expedites PSP Approvals, Sets To Develop Two New Projects. : saurenergy.com

Adani Enterprises Q1 net doubles on new energy growth

New Delhi : Adani Enterprises Q1 net doubles on new energy growth. : Economic Times

Northern India’s dry spell drives national power demand up by 10%

New Delhi : Northern India’s dry spell drives national power demand up by 10%. : Economic Times

EESL, RISL join hands to promote energy efficiency in Rajasthan

New Delhi : EESL, RISL join hands to promote energy efficiency in Rajasthan. : Economic Times

Detailed project reports of two hydro pumped storage plants approved in record time: Power ministry

New Delhi : The power ministry on Friday said the Central Electricity Authority (CEA) has approved the detailed project report of two hydro pumped storage plants — 600 MW Upper Indravati in Odisha and 2,000 MW Sharavathy in Karnataka — in record time. : Economic Times

With ?27,000 crore, Adani tops KSK Mahanadi bidder list

Mumbai : Adani Power has offered the highest bid of ?27,000 crore for KSK Mahanadi Power’s 1,800-megawatt plant that’s undergoing insolvency proceedings, people with knowledge of the matter told ET. The Adani offer already ensures a 92% recovery for the lenders. : Economic Times

Adani Power plans capacity expansion via inorganic route

New Delhi : Adani Power Ltd. (APL) is planning capacity expansion through the inorganic route, its chief executive officer, Shersingh B Khyalia, told analysts on an earnings call. : Economic Times

SECI launches 2 GW solar, storage tender

New Delhi : Solar Energy Corp. of India (SECI) has invited bids for setting up 2 GW of solar PV power projects with energy storage systems (ESS) in India. : pv-magazine.com

Powering India’s renewable future: The pivotal role of battery energy storage systems

New Delhi : Energy storage is pivotal for grid flexibility, balancing power surplus and deficit. The Central Electricity Authority (CEA) projects India will install 34 gigawatts (GW) or 136 gigawatt-hours (GWh) of battery energy storage by 2030. : pv-magazine.com

NTPC Kanti Unveils Innovative Mobile Medical Unit To Enhance Maternal And Child Healthcare

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New Delhi : NTPC Kanti proudly announces the launch of a pioneering Mobile Medical Unit, a significant stride towards improving maternal and child healthcare in the region. : indianpsu.com

CEA accords concurrence to 2 hydro PSPs of 2.6 GW

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New Delhi : The Central Electricity Authority (CEA) has accorded concurrence to two hydro Pumped Storage Projects (PSPs), said the Ministry of Power on Friday. : psuwatch.com

Cabinet okays Rs 5,792-cr investment into SJVN’s 669 MW Lower Arun Hydro Electric Project in Nepal

New Delhi : The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved the investment of Rs 5,792.36 crores (cost to completion) for 669 MW Lower Arun Hydro Electric Project (LAHEP) at a levelised tariff of Rs 4.99 per unit. : psuwatch.com

Cabinet approves Investment Proposal of SJVN Project in Nepal

New Delhi : The Cabinet Committee on Economic Affairs (CCEA), chaired by Hon’ble Prime Minister Shri Narendra Modi has approved the investment of Rs. 5792.36 crores (Cost to Completion) for 669 MW Lower Arun Hydro Electric Project (LAHEP) at levelized tariff of Rs. 4.99 per unit. : psuconnect.in

Adani To Commission 1GW Of New Wind Capacities In FY25

New Delhi : Adani To Commission 1GW Of New Wind Capacities In FY25. : saurenergy.com

PM Surya Ghar: UPNEDA Earmarks Rs 2cr On Awareness

New Delhi : PM Surya Ghar: UPNEDA Earmarks Rs 2cr On Awareness. : saurenergy.com

Proposed Mirzapur thermal power plant does not involve forest area: Govt

New Delhi : The proposed 1600-megawatt coal-based ultra supercritical thermal power project (TPP) in Uttar Pradesh’s Mirzapur does not involve forest land but 8.35 hectares forest land would be required outside the project area for a water pipeline and road access, the government has told Parliament. : Economic Times

Sri Lanka Supreme Court sets Oct 14 for Adani wind power projects case

New Delhi : Sri Lanka’s Supreme Court on Friday set October 14 as the date for the hearing of five fundamental rights petitions filed against the wind power plant undertaken by the Indian conglomerate Adani Group in the north-eastern region of Mannar. : Business Standard

Amara Raja Infra commissions NTPC’s 135 MWp solar PV project in Rajasthan

New Delhi : Amara Raja Infra Pvt Ltd (ARIPL), part of the $2 billion Amara Raja Group, has commissioned NTPC’s Anta ground-mounted solar PV project of 90 MW/135 MWp. : pv-magazine.com


Oil and Gas

UAE’s Masdar, TotalEnergies sign deal for SAF production using green hydrogen

New Delhi : UAE’s Masdar, TotalEnergies sign deal for SAF production using green hydrogen. : Economic Times

Russian crude imports dip 6.5% on private refiners’ lower intake

New Delhi : Crude oil imports from Russia saw a decline of 6.5% month-on-month in July, reducing their share in India’s imports of the commodity to 40%, according to energy cargo tracker Vortexa. : Economic Times

July petrol sales up 10%, diesel 4.3%

New Delhi : Petrol sales rose 10% and diesel 4.3% in July over the previous year as economic activity gained pace, according to the oil ministry data. : Economic Times

Oil prices slide more than $2 as investors digest weak US job data

New Delhi : Oil prices slid by more than $2 on Friday, on track for a fourth successive weekly drop after data showed that the U.S. economy added fewer jobs than expected in July and weak Chinese economic data further weighed. : Business Standard

BHEL to demonstrate India’s 1st methanol-fired gas turbine at NTPC Kayamkulam

New Delhi : Bharat Heavy Electricals Limited (BHEL) on Friday said that it has received the first ever order for the demonstration of methanol firing in a Gas Turbine at the 350 MW Kayamkulam Combined Cycle Power Plant (CCPP) of NTPC installed at Alappuzha district in Kerala. : psuwatch.com

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On August 2

New Delhi : Petrol, Diesel Prices Today On August 2, 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

OPEC+ sticks to policy of unwinding output cuts

New Delhi : OPEC+ sticks to policy of unwinding output cuts. : Economic Times

Russian pipeline gas exports to Europe reach highest this year

New Delhi : Russian pipeline gas exports to Europe reach highest this year. : Economic Times

Petrol consumption rises 10.15% in July 2024, LPG and diesel follow suit

New Delhi : Petrol consumption rises 10.15% in July 2024, LPG and diesel follow suit. : Economic Times

Oil set to fall for fourth week as demand concerns weigh on sentiment

New Delhi : Oil set to fall for fourth week as demand concerns weigh on sentiment. : Economic Times

Over 26 lakh Ujjwala applications pending as LPG coverage nears saturation

New Delhi : While the LPG coverage in the country has reached saturation levels, the number of pending applications under the Pradhan Mantri Ujjwala Yojana (PMUY) stood at more than 26 lakh, according to data submitted by the Ministry of Petroleum and Natural Gas to the Parliament. : Business Standard

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