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MEDIA UPDATE (AUGUST 15, 2024)

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15-Aug-2024

Power

“NLC India Limited has revalidated its Corporate Plan 2030 and Vision 2047 with focus on sustainable green initiatives”

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New Delhi : India is committed to a low carbon emission path while pursuing its development goals, as pledged at COP 26. The nation aims to achieve 500 GW of non-fossil energy capacity by 2030. : Sarkaritel.com

NLCIL revalidated its Corporate Plan 2030 and Vision 2047

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New Delhi : India is committed to a low carbon emission path while pursuing its development goals, as pledged at COP 26. The nation aims to achieve 500 GW of non-fossil energy capacity by 2030. : psuconnect.in

Power ministry approves project worth ?3,600 crore to upgrade power infra in Gurugram, Faridabad

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New Delhi : The power ministry on Wednesday approved projects worth ?3,600 crore for modernization and upgradation of power distribution infrastructure in Gurugram and Faridabad districts. : Economic Times

Coal India to supply more coal to power plants than annual contracted quantity

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New Delhi : State-run Coal India Ltd (CIL) has decided to supply more coal to power plants than their annual contracted quantities (ACQs). : Mint

PFC CMD PARMINDER CHOPRA INAUGURATES RESEARCH ANATOMY LABORATORY AT IIT MADRAS UNDER CSR INITIATIVE

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Chennai : Smt. Parminder Chopra, CMD, Power Finance Corporation Limited (PFC) has inaugurated a state-of-the-art Anatomy laboratory at the Department of Medical Sciences and Technology, Indian Institute of Technology Madras (IIT Madras). : globalgreenews.com

Coal India gives stimulus to Power Plants to lift more coal

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New Delhi : Coal India Limited (CIL) has paved the way for allowing supplies beyond the Annual Contracted Quantity (ACQ) to thermal power plants of the country including independent power plants (IPP). : psuconnect.in

India expands MDO engagement across 28 coal projects, targets 257 MT capacity

New Delhi : India expands MDO engagement across 28 coal projects, targets 257 MT capacity. : Economic Times

Govt awards 18 coal mines to private operators

New Delhi : Govt awards 18 coal mines to private operators. : Economic Times

Odisha govt launches online payment system for electricity bills by panchayats

Bhubaneswar : Odisha govt launches online payment system for electricity bills by panchayats. : Economic Times

Govt’s changed power export rules could lead to gain for Adani: Report

New Delhi : India introduced new rules for electricity producers who export their power, allowing them to sell in the domestic market. The move could benefit Adani Power Ltd.’s plant, which exports electricity to Bangladesh. : Business Standard

SJVN Green Energy Issues Land Acquisition Tender In Bikaner

New Delhi : SJVN Green Energy Issues Land Acquisition Tender In Bikaner. : saurenergy.com

Delhi’s Grid Flexibility To Cut Peak Demand By 4 GW: RMI

New Delhi : Delhi’s Grid Flexibility To Cut Peak Demand By 4 GW: RMI. : saurenergy.com

India will increase its renewable energy storage capacity to 6GW by FY28: Report

New Delhi : India’s renewable energy (RE) storage capacity is expected to surge 6GW by fiscal 2028 from less than 1GW operational as of March 2024. : Sarkaritel.com

India to add 6-GW renewable energy storage by FY28: CRISIL

New Delhi : India to add 6-GW renewable energy storage by FY28: CRISIL. : Economic Times

India tightens rules on cross-border electricity exports, sets new conditions for coal and gas-based power

New Delhi : India tightens rules on cross-border electricity exports, sets new conditions for coal and gas-based power. : Economic Times

Adani plant allowed to sell Bangladesh-bound power in India after rules amended

New Delhi : Adani plant allowed to sell Bangladesh-bound power in India after rules amended. : Economic Times

Tamil Nadu govt clears Rs 44,125 cr project proposals, including three renewable energy policies

New Delhi : Tamil Nadu govt clears Rs 44,125 cr project proposals, including three renewable energy policies. : Economic Times

Amid Bangladesh crisis, Centre eases norms for power exporters

New Delhi : The Union ministry of power has amended the norms to widen the sources of coal for generating power for the purpose of exports and to help generating companies avert losses in case of payment default by neighbouring countries. : Mint

India May Add 30 GW Of Renewable Capacities In 2024-25

New Delhi : India May Add 30 GW Of Renewable Capacities In 2024-25. : saurenergy.com

SJVN Q1 results, net profit surge 31% YoY to Rs 357 crore

New Delhi : State-owned SJVN Ltd shares have surged more than 8% to hit an intraday high of Rs 148.84 apiece on the NSE after the company announced the quarterly results of June-end 2024. : psuconnect.in

India’s renewable energy storage capacity to surge 6 GW by fiscal 2028

New Delhi : Ratings agency Crisil expects India’s renewable energy (RE) storage capacity to surge 6 GW by fiscal 2028 from less than 1 GW operational as of March 2024. : pv-magazine.com


Oil and Gas

HPCL to support cancer & gynecology surgeries

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New Delhi : HPCL with Dr. Mane Medical Foundation and Research Center (Saidham Cancer Hospital) MoU signed to support cancer & gynecology surgeries thru provision of advanced endoscopic operation cameras equipment. : psuconnect.in

Viksit Bharat 2047: ‘India must invest in hydrogen technologies, thorium-based reactors’

New Delhi : Viksit Bharat 2047: ‘India must invest in hydrogen technologies, thorium-based reactors’. : Economic Times

CNG will help in cutting carbon footprints: Himanta

New Delhi : CNG will help in cutting carbon footprints: Himanta. : Economic Times

Oil surplus looms if OPEC+ hikes supply, IEA data show

New Delhi : Oil surplus looms if OPEC+ hikes supply, IEA data show. : Economic Times

Swan Energy to sell LNG terminal to Botas for USD 399 million

Mumbai : Swan Energy Ltd plans to sell its stake in a floating liquefied natural gas terminal to Turkey’s state-run Botas for $399 million. : Economic Times

Essar Oil to invest Rs 3,000 cr in Raniganj CBM block to increase gas production

Mumbai : Ruia brothers-owned Essar Oil and Gas Exploration and Production will invest up to ?3,000 crore on its flagship coal bed methane (CBM) block in Raniganj, West Bengal to raise gas production, a senior company executive said. : Economic Times

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On August 14

New Delhi : Petrol, Diesel Prices Today On August 14, 2024: Every day at 6 am, oil marketing companies (OMCs) announce gasoline and diesel prices, maintaining consistency despite the inherent volatility of these commodities. : news18.com

Honeywell, Repsol partner to develop biofuels and circular materials

New Delhi : Honeywell, Repsol partner to develop biofuels and circular materials. : Economic Times

Govt mulls ethanol price hike for 2024-25 season to incentivize production, meet blending goals

New Delhi : Govt mulls ethanol price hike for 2024-25 season to incentivize production, meet blending goals. : Economic Times

After IOC, govt seeks to appoint HPCL head through search-cum-selection committee

New Delhi : The government has invited applications for the top job at Hindustan Petroleum Corporation Ltd (HPCL) as it looks to use the search-cum-selection committee route for the second time this year to find the head of a state-owned oil firm. : Economic Times

Slowdown in consumer spending hurts global demand for jet fuel; oil prices likely to slip

New Delhi : Global demand for aviation turbine fuel (ATF) or jet fuel is likely to ease as the slowdown in consumer spending impacts people’s travel budgets. : Mint

Petrol, diesel price rises slightly in Bhubaneswar on August 14, Check rates

Bhubaneswar : The prices of petrol and diesel have increased slightly in Bhubaneswar in the last 24 hours. On Wednesday, August 14, 2024, petrol has been priced at Rs 101.06 per litre while diesel costs Rs 92.64 per litre. : kalingatv.com

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