MEDIA UPDATE (AUGUST 15, 2022)

Sarkaritel
By Sarkaritel August 15, 2022 07:16


15-Aug-2022

Power

” New Delhi : NHPC India’s premier hydropower company is observing the ‘Har Ghar Tiranga’ campaign under the aegis of Azadi Ka Amrit Mahotsav at its Corporate Office, Power Stations, Projects, Regional Offices and other units across the country.” : Sarkaritel.com

” New Delhi : NTPC Girl Empowerment Mission is a model program for entire Bodoland Territorial Region ( BTR), said Anurag Goel, Principal Secretary, BTR, Assam in the concluding ceremony of the four week long Girl Empowerment Mission ( GEM) held on 12th August,2022 in the presence of Nilut Sargiary, Executive Member of BTR.” : Sarkaritel.com

R K Tyagi takes over as Director (Operations) at PowerGrid Corporation

New Delhi : State-owned PowerGrid Corporation on Saturday said R K Tyagi has assumed charge as its director (operations). “R K Tyagi has assumed the charge of post of Director (Operations), POWERGRID on 12th August, 2022 till the date of his superannuation i.e. March 31, 2026 or until further orders, whichever is earlier,” the company said in a BSE filing. : Economic Times

PFC Projects likely to rope in investor partners for stressed power projects

New Delhi : PFC Projects Ltd, an equal joint venture of Power Finance Corporation NSE 1.17 % and REC Ltd NSE 1.22 %, is likely to rope in technical or strategic investor partners to operate and maintain acquired stressed or non-performing assets next year. : Economic Times

NLCIL declared financial results for the quarter ended 30.06.2022

New Delhi : The Total Income of the Company for the Quarter ended 30.06.2022 is Rs.3 176.54 crore as against Rs.2504.45 crore in the corresponding period of the previous year, registering a growth of 26.84%. : psuconnect.in

NTPC Bongaigaon Girl Empowerment Mission -model program of BTR: Anurag Goel, Principal Secy, BTR

New Delhi : NTPC Girl Empowerment Mission is a model program for entire Bodoland Territorial Region ( BTR), said Shri Anurag Goel, Principal Secretary, BTR, Assam in the concluding ceremony of the four week long Girl Empowerment Mission (GEM) held on 12th August,2022 in the presence of Shri Nilut Sargiary, Hon’ble Executive Member of BTR. : psuconnect.in

Coal India inks MoU with BSF to install RO Plants

New Delhi : Coal India Limited (CIL), in a new CSR initiative, has signed an MoU with Border Security Force’s HQ South Bengal Frontier Unit to install eight RO Plants with Iron Filtration, in eight remote border outposts. : psuconnect.in

Sristi Priya wins 3 gold medals in State Championship using Air Rifle provided by NTPC

New Delhi : Shri Mazumder, RED(Coal Mining) congratulated Ms. Sristi Priya who won three Gold medals under 10 M Rifle (NR) Youth, Junior & Women Individual Categories in the _12th Jharkhand State Rifle Shooting Championship 2022_ held recently at Ranchi and felicitated her. : psuconnect.in

Ravindra Kumar Tyagi joins PowerGrid as Director-Operations

New Delhi : Mr. Ravindra Kumar Tyagi has joined as Director (Operations) at Power Grid Corporation of India Limited (POWERGRID) on 12th August 2022. He is having work experience of over 32 years in Power Transmission systems, out of which over 26 years are in Operation and Maintenance (O&M) of Substations and Transmission lines at various key positions in premier CPSUs in the power sectors such as POWERGRID and NTPC. : psuconnect.in

Mohali based Hartek Solar features in top 10 rooftop solar power companies in India

Chandigarh : Mohali based Hartek Solar Private Limited (HSPL), the rooftop solar division of the Hartek Group, has been named in the list of top 10 rooftop solar companies in India. : Economic Times

SJVN net jumps over 78 pc to Rs 609 crore in June quarter

New Delhi : State-owned power producer SJVN Ltd on Friday posted an over 78 per cent jump in consolidated net profit to Rs 609.23 crore in the June quarter, mainly on the back of higher revenues. : Economic Times

More cash needed to save Britons from destitution in energy crisis – PM contender sunak

London : Britain’s energy crisis will push millions into destitution this winter unless the government hands out more cash to help struggling households pay fuel bills, Rishi Sunak, the trailing candidate in the contest to become Britain’s next leader, said. : Economic Times

INNOVATION: India’s first saline water lantern launched, Minister lauds NIOT

Chennai : Union Minister Jitendra Singh has launched India’s first saline water lantern, which uses sea water to power the LED lamps. The Minister of State for Science and Technology launched the “first-of-its kind lantern named Roshini” during a visit to SAGAR ANVESHIKA, a coastal research vessel operated and used by the National Institute of Ocean Technology (NIOT), Chennai, a PIB release on Saturday said. : Economic Times

Opinion: Wind-farming the high seas

New Delhi : It will take the right mix of policies and incentives to get offshore wind energy off the ground. : Economic Times

India to miss renewable energy goal, officials, experts say

Bengaluru : India will miss its renewable energy target for the end of the year, with experts saying “multiple challenges” including a lack of financial help and taxes on imported components are stalling the clean energy industry. : Economic Times

Asia’s largest Compressed Biogas plant in Sangrur starts commercial production

Chandigarh : Asia’s largest Compressed Biogas (CBG) plant in Sangrur district of Punjab has now started commercial production, state’s New and Renewable Energy Minister Aman Arora said on Friday. : Economic Times

51 lakh consumers to get zero power bills from Sep 1: Punjab CM Bhagwant Mann

Chandigarh : Punjab Chief Minister Bhagwant Mann on Friday said 51 lakh households of the state can look forward to getting zero electricity bills from September 1. After dedicating the 66 KV Butaari-Beas line to the people, the chief minister said that the Aam Aadmi government in the state has provided 600 units of free power per billing cycle to every section of society. : Economic Times

State Bank sells distressed KSK Mahanadi loans to Aditya Birla ARC for Rs 1,622 crore

New Delhi : State Bank of India (SBI) on Friday sold distressed KSK Mahanadi Power’s ₹3,815-crore outstanding loans to Aditya Birla Asset Reconstruction Co for ₹1,622 crore, a move that would help the bank shore up its earnings in the second quarter, said two people aware of the development. : Economic Times

Torrent Power and Sembcorp Industries in race to buy Vector Green Energy

New Delhi : Electricity producer Torrent Power Ltd. and Singapore-listed utilities company Sembcorp Industries Ltd. are in the race to buy clean energy platform Vector Green Energy, Mint newspaper reported, citing unidentified people familiar with the matter. : Business Standard


Oil and Gas

” New Delhi : In a resounding success of GAIL (India) Limited’s flagship Corporate Social Responsibility initiative ‘GAIL Utkarsh’, 100% students from its Kanpur centre, 93% of the girls registered under Varanasi centre, 74% from Srinagar and 70% from Utkarsh Haldwani initiative have qualified the JEE Main 2022 examination.” : Sarkaritel.com

IOC to sell 7 hydrogen units

New Delhi : India’s largest oil marketing company, state-run Indian Oil Corp NSE 0.85 % (IOCL NSE 0.85 %), is looking to sell seven of its hydrogen generation units at its refineries, two people aware of the development said. : Economic Times

ONGC declares financial results for Q1 FY’23: posts net profit of Rs.15,206 crore

New Delhi : ONGC has declared 2 discoveries in onland during FY 2022-23 in its operated acreages. Out of these, one is a new prospect (Kankpul-1 in NELP-VII JV block WB-ONN-2005/4) in West Bengal and the other is new pool (Mandapetta-60 in KG Onland) in Andhra Pradesh. : psuconnect.in

Racket stealing oil from Indian Oil tankers busted in Delhi

New Delhi : The Crime Branch of Delhi Police have busted a racket that was involved in stealing oil from the Indian Oil tankers in the national capital, an official said Sunday. : Economic Times

BPCL CMD inaugurated POL Depot in Leh, Ladakh by hoisting national flag

New Delhi : Bharat Petroleum brings energy to one of the remotest parts of India. Today Shri Arun Kumar Singh, Chairman and Managing Director, BPCL inaugurated POL Depot in Leh, Ladakh by hoisting National Flag with Shri Sanjay Khanna, Director Refineries and other senior officials. : psuconnect.in

Reliance, Nayara face windfall profit tax on local supplies alongside exports

New Delhi : The just-introduced tax on windfall energy profits of oil refiners like Reliance Industries is not only levied on the diesel they export but also on the supplies they make to fuel retailers within India, sources said. : Economic Times

Saudi Aramco profit surges to another record on bumper oil market

New Delhi : Saudi Aramco posted the biggest quarterly adjusted profit of any listed company globally driven by high crude prices and production. : Business Standard

Saudi Aramco’s profits jump 90%, high oil prices help earn $88 billion in first half

New Delhi : Saudi energy company Aramco said Sunday its profits jumped 90% in the second quarter compared to the same time last year, helping its half-year earnings reach nearly $88 billion. The increase is a boon for the kingdom and the crown prince’s spending power as people around the world pay higher gas prices at the pump while energy companies rake in top earnings. : Business Today

Fuel price hike inflates further essentials cost in Bangladesh

Dhaka, Bangladesh : Prices of essentials rose by up to 14 per cent in a week in Bangladesh after the country witnessed a record hike fuel price recently, immediately affecting the transport sector, sparking street protests. : Economic Times

Saudi Aramco’s Amin Nasser: a homegrown engineer who reached the top

Dubai : At an industry event this year in Riyadh, the Saudi energy minister paused at about 9 p.m. in front of some 1,000 people and told them it was bedtime for Amin Nasser, the chief executive of state-owned oil producer Saudi Aramco. : Economic Times

India says no pressure on it to limit energy purchases from Russia

New Delhi : India said there was no pressure on it from Western countries or anywhere else over its energy purchases from Russia, as Indian firms step up imports of oil and coal from the country shunned by some governments for its invasion of Ukraine. : Economic Times

Russia-backed Indian refiner Nayara Energy posts record profit

New Delhi : India’s Nayara Energy, part owned by Russian oil major Rosneft MM, posted a record quarterly profit in April-June as its margins improved due to higher intake of discounted Russian oil and fuel exports. : Economic Times

Diesel pipeline break spills 45,000 gallons of fuel in Wyoming: US

New Delhi : A diesel pipeline in Wyoming owned by a company that’s being sued by federal prosecutors over previous spills in two other states cracked open and released more than 45,000 gallons (205,000 liters) of fuel, a state official said Friday. : Business Standard

ATF price fall would benefit airlines under pressure: Jyotiraditya Scindia

New Delhi : The dip in the air turbine fuel (ATF) price and the continuation of this trend will benefit the aviation sector, Civil Aviation Minister Jyotiraditya Scindia said on Saturday. : Business Standard

Saudi oil giant Aramco tops own record with $48-billion profit in Q2

New Delhi : Saudi energy company Aramco said Sunday its profits jumped 90 per cent in the second quarter compared to the same time last year, helping its half-year earnings reach nearly $88 billion. : Business Standard

High oil prices help Saudi Aramco earn $88 billion in first half

New Delhi : Saudi energy company Aramco said Sunday its profits jumped 90% in the second quarter compared to the same time last year, helping its half-year earnings reach nearly $88 billion. : Economic Times

Saudi Aramco unveils record $48.4 billion profit in Q2

Riyadh, Saudi Arabia : Oil giant Saudi Aramco on Sunday unveiled record profits of $48.4 billion in the second quarter of 2022, after Russia’s war in Ukraine and a post-pandemic surge in demand sent crude prices soaring. : Times of India

US says India hid Russian origin of fuel shipped to US – India central bank

New Delhi : The United States has expressed concern to India that it was being used to export fuel made from Russian crude, through high-seas transfers to hide its origin, to New York in violation of U.S. sanctions, a top Indian central banker said on Saturday. : Economic Times

Saudi Aramco profit soars on higher prices and refining margins

Dubai : State oil giant Saudi Aramco reported a soaring 90% rise in second-quarter profit on Sunday, beating analyst expectations and propelled by higher oil prices, volumes sold and refining margins. : Economic Times

Sarkaritel
By Sarkaritel August 15, 2022 07:16