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MEDIA UPDATE (AUGUST 16, 2024)

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16-Aug-2024

Power

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” New Delhi : The 78th Independence Day of the Nation was celebrated at NLCIL with great fervor and enthusiasm. Prasanna Kumar Motupalli, CMD, NLCIL, garlanded the bust of Mahatma Gandhi at the Township Administration Office premises in the presence of Functional Directors& Chief Vigilance Officer and inaugurated the celebrations.” : Sarkaritel.com

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” New Delhi : NHPC celebrated India’s 78th Independence Day on 15th August 2024 with patriotic fervour and enthusiasm at NHPC Corporate Office, Faridabad.” : Sarkaritel.com

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” New Delhi : Bongaigaon, August 15, 2024: NTPC Bongaigaon joined the nation in celebrating the 78th Independence Day with fervor, echoing the spirit of “Har Ghar Tiranga” at the Netaji Subhash Chandra Bose Stadium of the 750 MW power station.” : Sarkaritel.com

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” New Delhi : NTPC Bongaigaon, in collaboration with the CISF family, celebrated the 78th Independence Day with a spirited cycle rally, organized under the aegis of the Sports Council, NTPC Bongaigaon.” : Sarkaritel.com

REC incorporates new subsidiary for Rajasthan Power Transmission Project

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New Delhi : REC Ltd has established a new wholly-owned subsidiary, Rajasthan IV 4B Power Transmission Ltd, as part of its ongoing efforts to enhance power infrastructure in Rajasthan’s Renewable Energy Zone (REZ). : cnbc.com

Power ministry approves ?3,600 cr for modernizing distribution networks in NCR

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New Delhi : Power ministry approves ?3,600 cr for modernizing distribution networks in NCR. : Economic Times

Reliance Power Q1 Results Live: Loss Falls by 66.98% YoY

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New Delhi : Reliance Power Q1 Results Live : Reliance Power declared their Q1 results on 14 Aug, 2024, showcasing a notable improvement in their financial performance. : Mint

India making more efforts in renewable energy than other G20 countries: PM

New Delhi : India making more efforts in renewable energy than other G20 countries: PM. : Economic Times

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

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

PM’s I-Day speech: 75,000 new medical seats, renewable energy goals, secular civil, one nation , one election plan

New Delhi : In his first Independence Day address after returning to power for a third term, Prime Minister Narendra Modi announced new measures and objectives, outlined progress in some others, and laid special emphasis on agriculture, semiconductors, and manufacturing. : Mint

Explained: What are green jobs that PM Modi mentioned in his I-Day speech?

New Delhi : In his Independence Day speech, Prime Minister Narendra Modi on Thursday (August 15) highlighted the critical role of green jobs in India’s climate change strategy on Thursday, underlining the nation’s commitment to sustainable development. : Business Standard

Adani Power says committed to supplying electricity to B’desh amid protests

New Delhi : Adani Power said on Thursday it was committed to supplying electricity to Bangladesh, saying a recent amendment to power export rules does not affect its existing contract. : Business Standard

AP, NVVN ink pact to install solar panels on all govt buildings

New Delhi : AP, NVVN ink pact to install solar panels on all govt buildings. : Economic Times

PM Modi highlights green jobs and renewable energy goals in Independence Day address

New Delhi : PM Modi highlights green jobs and renewable energy goals in Independence Day address. : Economic Times

Adani Power says it is committed to supplying electricity to Bangladesh

New Delhi : Adani Power said on Thursday it was committed to supplying electricity to Bangladesh, saying a recent amendment to power export rules does not affect its existing contract. : Economic Times

Adani Power key beneficiary after Centre eases norms for exporters; Bangladesh-bound power to be sold in India

New Delhi : Adani Power announced on Thursday, August 15, that it is committed to supplying electricity to Bangladesh and that a recent amendment to power export rules does not affect its existing contract. : Mint

Goa to be permanent venue for annual India Energy Week: CM Sawant

Panaji : Goa Chief Minister Pramod Sawant on Thursday announced that the coastal state would serve as the permanent venue for the annual India Energy Week (IEW). : Business Standard

Modi Govt Amends Rules to Enable Adani Sell Bangladesh-Bound Power in Domestic Market

New Delhi : The Union government has amended guidelines on power exports to allow Adani Power to sell its Bangladesh-bound output in the domestic market in light of the upheaval in the country, Reuters reported. : thewire.com


Oil and Gas

ONGC allocates Rs 13.56 crore for advanced burn ward at Silchar Medical College

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New Delhi : Oil and Natural Gas Corporation (ONGC), Cachar has allocated Rs 13.56 crore towards the establishment of a state-of-the-art burn ward at Silchar Medical College & Hospital (SMCH), aiming to boost the healthcare infrastructure of the Barak Valley. : India Today

BPCL taps Lummus technologies for Bina refinery’s petrochemical project

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New Delhi : Bharat Petroleum Corp. Ltd. (BPCL) has let a contract to Lummus Technology LLC to deliver a suite of technologies for the operator’s previously approved project to add ethylene and downstream petrochemical production capacity at its 7.8-million tonne/year (tpy) refinery at Bina, Madya Pradesh, India. : ogj.com

India imports USD 2.8 billion worth of crude oil from Russia in July

New Delhi : India, the world’s third largest oil consuming and importing nation, in July bought USD 2.8 billion worth of crude oil from Russia, second only to China which remains the largest importer of Russian oil, a report said. : Economic Times

USDA Seeks Easier Rules For Crops to be Used in Green Fuels

New Delhi : The US Department of Agriculture is pushing for eased tax credit requirements regarding crops used as ingredients in the production of renewable fuels, according to Secretary Tom Vilsack. : Mint

Oil rises 2% on MidEast geopolitical conflict even as US macro data allays recession fears; Brent at $81/bbl

New Delhi : Global crude oil prices rose more than $1 on Thursday, August 15, after positive US economic data allayed fears of an imminent recession in the world’s biggest economy. : Mint

Goa to be permanent venue for annual India Energy Week: CM Sawant

Panaji : Goa Chief Minister Pramod Sawant on Thursday announced that the coastal state would serve as the permanent venue for the annual India Energy Week (IEW). : Business Standard

Swan Energy to sell LNG terminal to Turkey’s Botas for $399 million

New Delhi : Nikhil Merchant-led Swan Energy Ltd has said it plans to sell its stake in a floating LNG receipt terminal to Turkey’s state-run Botas for $399 million. : Business Line

China’s Oil-Demand Growth Slowdown Weigns on Global Outlook, IEA Says

New Delhi : China’s Oil-Demand Growth Slowdown Weigns on Global Outlook, IEA Says. : Mint

Sakhalin Mess: India Eyes Equity Oil; Russis for Dividends. At Stake: $600 MN

New Delhi : Sakhalin Mess: India Eyes Equity Oil; Russis for Dividends. At Stake: $600 MN. : Mint

Oil prices rise as US rate cut optimism outweighs slower demand concerns

New Delhi : Oil prices rose on Thursday on optimism that potential US interest rate cuts will boost activity and fuel consumption in the US economy, but concerns over slower global demand curbed gains. : Business Standard

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