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MEDIA UPDATE (AUGUST 28, 2024)

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28-Aug-2024

Power

Bureau of Energy Efficiency sets 6.68 MTOE energy savings goal for Andhra Pradesh by 2030

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New Delhi : Union ministry of power’s Bureau of Energy Efficiency (BEE) has set a target of 6.68 MTOE (million tonnes of oil equivalent) in energy savings for Andhra Pradesh by 2030, in line with its roadmap for reducing projected carbon emissions by 887 million tonnes by 2030. : Times of India

Coal India’s contribution to govt exchequer rises 2 pc to Rs 20,072 cr in Apr-July

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New Delhi : Coal India’s contribution to govt exchequer rises 2 pc to Rs 20,072 cr in Apr-July. : Economic Times

POWERGRID Unveils India’s Power Sector Achievements at CIGRE

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New Delhi : The India Pavillion put up by POWERGRID at CIGRE Paris Exhibition 2024 was inaugurated by Mr. Pankaj Agarwal, Secretary (Power) Ministry of Power, Govt. of India. : psuconnect.in

BHEL wins ?11,000 crore orders from Adani Power and its subsidiary

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New Delhi : State-run Bharat Heavy Electricals Ltd. (BHEL) has informed the exchanges that it has signed a contract agreement with Adani Power Ltd. and its subsidiary Mahan Energen Ltd. to set up three Supercritical Thermal Power Projects. : cnbc.com

JSW Neo Energy bags 200 MW wind-solar hybrid project

New Delhi : JSW Neo Energy bags 200 MW wind-solar hybrid project. : Economic Times

Maharashtra cabinet sanctions over Rs 10,000 crore for solarisation project in state

Mumbai : Maharashtra cabinet sanctions over Rs 10,000 crore for solarisation project in state. : Economic Times

Indian solar panels face US scrutiny for possible links to China forced labor

New Delhi : Indian solar panels face US scrutiny for possible links to China forced labor. : Economic Times

Prepare pre-feasibility report for floating solar installations across lakes: Minister to officials

New Delhi : Prepare pre-feasibility report for floating solar installations across lakes: Minister to officials. : Economic Times

Five Indian power companies face over $1 billion payment outage risk in Bangladesh

New Delhi : Five Indian power companies face over $1 billion payment outage risk in Bangladesh. : Economic Times

Mint Sustainability Summit to deliberate on climate change and the green imperative

New Delhi : Union minister Pralhad Joshi will deliver the keynote address at the Mint Sustainability Summit 2024 on Tuesday, amidst a full day of intense deliberations, debates and conversations around one of the most pressing themes of the day—climate change and the green imperative. : Mint

JSW Neo Energy bags 200 MW wind-solar hybrid project from from MSEDCL

New Delhi : JSW Energy on Tuesday said its arm JSW Neo Energy has received a letter of award (LoA) for setting up a wind-solar hybrid power project from Maharashtra State Electricity Distribution Company (MSEDCL). : Business Standard

ReNew signs clean power sale agreement worth 437.6 MW with Microsoft

New Delhi : ReNew on Tuesday announced the signing of a clean power sale contract of 437.6 megawatt (MW) with Microsoft. : Business Standard

JMK expects India to add 21.5 GW of solar this year

New Delhi : JMK Research analysts project India to install about 21.5 GW of new solar capacity in the current calendar year 2024. Out of this, 16.5 GW is estimated to come from utility-scale PV installations, 4 GW from rooftop solar and another 1 GW from off grid component. : pv-magazine.com

India’s coal production shoots past 370 million tonnes in 2024

New Delhi : Ministry of Coal said on Tuesday that the country’s cumulative coal production for the financial year 2024-25, as of Aug 25 has shot up by 7.12 per cent to 370.67 million tonnes compared to 346.02 million tonnes (MT) during the same period in FY 2023-24. : Sarkaritel.com

Massive ?3.2 trillion funding push needed to power India’s solar future

New Delhi : Massive ?3.2 trillion funding push needed to power India’s solar future. : Economic Times

Small industries urge Bescom to improve power supply

New Delhi : Small industries urge Bescom to improve power supply. : Economic Times

ReNew, Microsoft forge 437.6 MW green energy pact to advance carbon-negative goals

New Delhi : ReNew, Microsoft forge 437.6 MW green energy pact to advance carbon-negative goals. : Economic Times

Kalpataru Projects receives tax notice from Afghanistan govt

New Delhi : Kalpataru Projects receives tax notice from Afghanistan govt. : Economic Times

KPI Green Energy gets LoIs for 13.30 MW green energy projects

New Delhi : KPI Green Energy gets LoIs for 13.30 MW green energy projects. : Economic Times

Adani incorporates new power company in UAE, will invest in power, infra & related fields

New Delhi : Adani Power Limited has incorporated a wholly-owned subsidiary, Adani Power Middle East Ltd., in Abu Dhabi, United Arab Emirates, exchanges were informed on August 27. : Economic Times

Adani Power incorporates, Adani Power Middle East to invest in power, infra and related fields

New Delhi : Adani Power Limited incorporated a wholly-owned subsidiary, Adani Power Middle East Ltd. on Monday in Abu Dhabi, United Arab Emirates, the company informed the exchanges. : Mint

US customs detain solar panel shipments from India for possible links to China forced labor: Report

New Delhi : US Customs and Border Protection (CBP) has detained nearly $43 million in shipments of electronics equipment from India since October under a 2022 law banning goods made with forced labor, according to agency data, representing a new focus for the trade enforcement agency. : Mint

KPI Green Energy jumps 4% after arm bags 13.30 MW solar power plant project

New Delhi : KPI Green Energy shares in focus: Shares of KPI Green Energy rallied as much as 3.86 per cent to hit an intraday high of Rs 943 per share on Tuesday, August 27, 2024. : Business Standard

Adani Power shares surge after incorporating new unit in Middle East

New Delhi : Adani Power’s share price surged 1.56 per cent at Rs 671.75 per share on the BSE in Tuesday’s intraday deals. : Business Standard

Bondada Engineering secures 170.4 MW of distributed solar projects in Maharashtra

New Delhi : Bondada Engineering Ltd announced this week that it has received Letter of Award to set up 170.40 MW (DC) of grid-connected distributed solar power plants in the Indian state of Maharashtra. : pv-magazine.com

ReNew, Microsoft sign 437.6-MW clean power sale agreement

New Delhi : ReNew on Tuesday announced the signing of a clean power sale contract of 437.6 megawatt (MW) with Microsoft. : psuwatch.com

Solar power output reaches new high

Chennai : Tangedco’s solar power generation is reaching new heights thanks to continuous additions to its installed capacity. : Times of India

Indian power firms owed over $1 bn by Bangladesh amid financial turmoil

New Delhi : Five Indian power companies that supply electricity to Bangladesh are owed more than $1 billion, according to a report by The Economic Times. : Business Standard


Oil and Gas

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” New Delhi : In a significant boost to the energy infrastructure of Karnataka and adjoining states, State-owned Refiner Mangalore Refinery and Petrochemicals Ltd (MRPL), A subsidiary of ONGCtoday announced the commissioning of its new, state-of-the-art Marketing Terminal in Bangalore.” : Sarkaritel.com

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” New Delhi : The RINL, the corporate entity of the Visakhapatnam Steel Plant, on Tuesday, signed a memorandum of understanding with Indian Oil Corporation Ltd (IOCL) for the supply of hydraulic and lubricating oils and greases for a period of 5 years from 2024 to 2029.” : Sarkaritel.com

MRPL commissions marketing terminal in Bengaluru

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New Delhi : A media statement said the facility aims to enhance the availability and distribution of petroleum products such as petrol, diesel, and aviation turbine fuel (ATF) in the region. : Business Line

India’s crude oil production falls 2.9% in July 2024; petroleum product output sees 7.1% growth

New Delhi : India’s crude oil production falls 2.9% in July 2024; petroleum product output sees 7.1% growth. : Economic Times

India’s Wait for Mozambique LNG Gets Longer, at Stake $8 bn Investment

New Delhi : India’s Wait for Mozambique LNG Gets Longer, at Stake $8 bn Investment. : Mint

Chatterjee Group seeks Indian state oil firms’ partnership for $10 billion project

New Delhi : Chatterjee Group seeks Indian state oil firms’ partnership for $10 billion project. : Economic Times

MRPL commissions state-of-the-art marketing terminal at Bengaluru

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New Delhi : In a significant boost to the energy infrastructure of Karnataka and adjoining states, State-owned Refiner Mangalore Refinery and Petrochemicals Limited (MRPL) on Tuesday announced the commissioning of its new, state-of-the-art Marketing Terminal in Bangalore. : psuwatch.com

Visakhapatnam Steel Plant inks MoU with IOCL for supply of lubricants

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New Delhi : Rashtriya Ispat Nigam Limited-Visakhapatnam Steel Plant (RINL-VSP) signed an MoU with M/S Indian Oil Corporation Limited (IOCL) for the supply of hydraulic and lubricating oils & greases for a period of five years till 2029. : Hindu

MRPL commissions a new marketing terminal at Bengaluru

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Mumbai : In a significant boost to the energy infrastructure of Karnataka and adjoining states, the state-owned Refiner Mangalore Refinery and Petrochemicals Ltd (MRPL), a subsidiary of ONGC on Tuesday announced the commissioning of its new, state-of-the-art “Marketing Terminal” in Bengaluru. : Times of India

India’s natural gas production falls by 1.4% in July 2024, LNG imports surge 18.6%

New Delhi : India’s natural gas production falls by 1.4% in July 2024, LNG imports surge 18.6%. : Economic Times

ExxonMobil expects global oil demand near current levels in 2050

New Delhi : ExxonMobil expects global oil demand near current levels in 2050. : Economic Times

Adani Group pilots green hydrogen, green ammonia initiatives amid climate funding woes

New Delhi : Adani Total Gas is pioneering efforts to reduce emissions by co-firing a blend of coal and green ammonia at its Mundra facility and blending green hydrogen in Shantigram, a high-end real estate development in Gujarat that serves 4,000 homes. : Mint

86% of North East Gas Grid project complete: Indradhanush Gas Grid

New Delhi : The sixth Annual General Meeting of Indradhanush Gas Grid Limited, a Joint Venture Company of five major petroleum PSUs viz. IOCL, ONGC, GAIL, OIL & NRL was held here in its Corporate Office at Guwahati on 27th August 2024. : Economic Times

QatarEnergy, Kuwait Petroleum sign 15-year agreement for the supply of up to 3 MTPA of LNG

New Delhi : QatarEnergy entered into a 15-year LNG Sale and Purchase Agreement (SPA) with Kuwait Petroleum Corporation (KPC) for the supply of up to 3 million tons per annum (MTPA) of LNG to the State of Kuwait. : https://indiangrapevine.com/

Oil slips after surge on Libyan outages and Middle East risk

New Delhi : Oil slips after surge on Libyan outages and Middle East risk. : Economic Times

Independent natural gas transport system operator likely soon

New Delhi : The oil ministry may soon float a cabinet note on setting up an independent transport system operator (TSO) to manage the common carrier capacity of natural gas pipelines to give all gas marketers a level playing field in the country, according to people with knowledge of the matter. : Economic Times

Oil snaps three-day winning streak, drops 2% on US, China growth concerns; Brent sticks to $80/bbl, MCX falls 3%

New Delhi : International crude oil prices snapped their three-day winning streak and fell around two per cent on Tuesday, August 27. : Mint

MRPL Commissions State-of-the-Art Marketing Terminal at Bengaluru

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Bengaluru : In a significant boost to the energy infrastructure of Karnataka and adjoining states, State-owned Refiner Mangalore Refinery and Petrochemicals Ltd (MRPL), A subsidiary of ONGC today announced the commissioning of its new, state-of-the-art Marketing Terminal in Bangalore. : psuconnect.in

RINL Inks MoU With IOCL

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New Delhi : RINL Inks MoU With IOCL. : uniindia.com

MRPL Commissions State-of-the-Art Marketing Terminal at Bengaluru

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Bengaluru : In a significant boost to the energy infrastructure of Karnataka and adjoining states, State-owned Refiner Mangalore Refinery and Petrochemicals Ltd (MRPL), A subsidiary of ONGC today announced the commissioning of its new, state-of-the-art Marketing Terminal in Bangalore. : thecitizen.in

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On August 27

New Delhi : Petrol, Diesel Prices Today On August 27, 2024: Every day at 6 am, oil marketing companies (OMCs) announce the prices of petrol and diesel, maintaining consistency despite the inherent volatility of these commodities. : news18.com

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