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MEDIA UPDATE (DECEMBER 11, 2024)

Edited By : Ameya Sathaye
Published : December 11, 2024, 7:20 AM IST   |   123

11-Dec-2024

Power

PFC raises Rs 6,252 crore through issuance of bonds with different maturities

5270f1a1f406dNew Delhi : State-owned Power Finance Corporation (PFC) successfully raised Rs 6,252 crore on Monday through the issuance of bonds with varying maturities. The company issued Rs 3,200 crore in 15-year bonds, offering a coupon rate of 7.11%, and Rs 3,052 crore in 10-year bonds, with a coupon rate of 7.10%. : psuconnect.in

NHPC board plans to raise Rs 2,600 crore, stock to with hold positive rating

526a36c266c1eNew Delhi : State-run NHPC Ltd has announced a board meeting scheduled for December 12, 2024, to consider a revised borrowing plan for the financial year 2024-25. The company intends to raise Rs 2,600 crore as part of this plan by issuing unsecured, redeemable, taxable, non-convertible, non-cumulative bonds through private placement. : psuconnect.in

PFC E-Flag-Off official E-Vehicle Ceremony

5270f1a1f406dNew Delhi : PFC has announce the successful Flag-Off Ceremony of the official E-Vehicle Fleet, marking a significant step in our commitment to sustainability and environmental responsibility. : newsmantra.in

NTPC Invites Bids for 15 MW Singrauli Solar Power Plant

526d57314ba45New Delhi : NTPC Limited has invited bids for the operation and maintenance of Hitachi solar power systems at the 15 MW Singrauli Solar Power Plant. : psuconnect.in

Will procure 4000 MU power from SECI next FY: AP discoms in filing with state regulator

New Delhi : Will procure 4000 MU power from SECI next FY: AP discoms in filing with state regulator. : Economic Times

Gautam Solar seeks patent for AI-based defect detection system

New Delhi : Gautam Solar seeks patent for AI-based defect detection system. : Economic Times

Work yet to start at 25 GW hydro, pump storage projects

New Delhi : Work yet to start at 25 GW hydro, pump storage projects. : Economic Times

Juniper Green Energy to procure 1GW solar modules from First Solar

New Delhi : Juniper Green Energy to procure 1GW solar modules from First Solar. : Economic Times

India’s transmission capex set to touch ?9 trillion by FY32: Ind-Ra

New Delhi : India’s transmission capex set to touch ?9 trillion by FY32: Ind-Ra. : Economic Times

Reliance NU launched: Mayank Bansal and Rakesh Swaroop to helm Anil Ambani group’s renewable energy arm

New Delhi : Reliance Power on Tuesday announced that it is setting up its renewable energy business, Reliance NU Energies, PTI reported, citing an official statement. : Mint

Reliance Power forms new arm for renewable energy biz; appoints CEO, COO

New Delhi : Reliance Power on Tuesday announced setting up its renewable energy business arm Reliance NU Energies and appointed Mayank Bansal as Chief Executive Officer and Rakesh Swaroop as Chief Operating Officer of the subsidiary. : Business Standard

SECI allocates 2 GW solar, storage at average price of INR 3.52/kWh

New Delhi : Solar Energy Corp of India (SECI) has concluded its tender for 2 GW of solar with 1 GW/4 GWh of storage capacity at a final average price of INR 3.52 ($0.041)/kWh. : pv-magazine.com

Reliance Power sets up renewables arm

New Delhi : Reliance Power has set up a new subsidiary, Reliance Nu Energies, to focus on renewable energy solutions across solar, wind, geothermal and firm and dispatchable renewable energy (FDRE) to energy storage such as pump storage hydropower (PSP) and battery energy storage system. : pv-magazine.com

Amplus Solar Retains Leadership Position In India’s Rooftop Solar Sector

New Delhi : Amplus Solar has once again been recognized as the market leader in the OPEX (Operating Expense) category for the rooftop solar sector. This marks the third consecutive recognition by the esteemed Bridge to India report, further solidifying Amplus Solar’s position at the forefront of India’s renewable energy transition. : indianpsu.com

HP govt signs MoU to boost green energy and e-vehicle infrastructure in state

Shimla : The Himachal Pradesh government on Tuesday signed a Memorandum of Understanding (MoU) with two companies to enhance facilities across five selected green corridors in the state, officials said. : psuwatch.com

MNRE Announces Amendment to ALMM Order 2019 to Advance Solar Manufacturing

New Delhi : Ministry of New and Renewable Energy (MNRE) has announced a significant amendment to the Approved Models and Manufacturers of Solar Photovoltaic Modules (ALMM) Order, 2019 which will have far-reaching implications for India’s solar power sector and its clean energy transition. : psuconnect.in

CMD, IREDA Highlights Rajasthan’s Renewable Energy Potential at Rising Rajasthan Summit

Mumbai : Shri Pradip Kumar Das, Chairman & Managing Director, Indian Renewable Energy Development Agency Limited (IREDA), shared his insights on India’s renewable energy prospects during the Rising Rajasthan Global Investment Summit 2024 in Jaipur. : psuconnect.in

Govt tweaks policy to boost domestic manufacturing of solar PV cells

New Delhi : Ministry of New and Renewable Energy (MNRE) has announced a significant amendment to the Approved Models and Manufacturers of Solar Photovoltaic Modules (ALMM) Order, 2019, in a major step towards boosting domestic manufacturing and fostering self-reliance in India’s green energy industry. : Sarkaritel.com

Work yet to start at 25 GW hydro, pump storage projects

New Delhi : Work yet to start at 25 GW hydro, pump storage projects. : Economic Times

India’s power demand rises 4.3% in November, coal generation sees revival

New Delhi : India’s power demand rises 4.3% in November, coal generation sees revival. : Economic Times

2000 MW solar park to be developed in Rajasthan: Pralhad Joshi

New Delhi : 2000 MW solar park to be developed in Rajasthan: Pralhad Joshi. : Economic Times

Avaada Group commits 1 lakh cr investment in Rajasthan

New Delhi : Avaada Group commits 1 lakh cr investment in Rajasthan. : Economic Times

India mandates use of locally-made solar cells in clean energy projects from June 2026

New Delhi : India mandates use of locally-made solar cells in clean energy projects from June 2026. : Economic Times

Govt announces ALMM for PV cells to push India’s green energy transition

New Delhi : The government on Tuesday announced an Approved List of Models and Manufacturers (ALMM) for solar cells on the lines of module manufacturing to boost India’s transition towards green energy. : Business Standard

Govt mandates use of locally-made solar cells from 2026 to curb imports

New Delhi : Indian clean energy firms will be required to use solar photovoltaic (PV) modules from cells made locally by a government-approved list of companies from June 2026, in a move to curb imports from top supplier China. : Business Standard

NTPC Renewable Energy wins 500 MW solar in SECI auction

526d57314ba45New Delhi : NTPC Renewable Energy Ltd (NTPC REL), an arm of NTPC Green Energy Ltd (NGEL), has emerged as a successful bidder in the e-reverse auction conducted by the Solar Energy Corp. of India (SECI) for the development of 2 GW of solar PV projects connected to the interstate transmission system. : pv-magazine.com

MNRE Announces Significant Amendment to ALMM Order 2019 to Advance Solar Manufacturing

New Delhi : Ministry of New and Renewable Energy (MNRE) has announced a significant amendment to the Approved Models and Manufacturers of Solar Photovoltaic Modules (ALMM) Order, 2019 which will have far-reaching implications for India’s solar power sector and its clean energy transition. : globalgreenews.com

NTPC Renewable Energy bags 500-MW solar project in SECI auction

526d57314ba45New Delhi : NTPC Renewable Energy has bagged a 500 MW solar project from Solar Energy Corporation Of India (SECI), an official statement said on Tuesday. : psuwatch.com

Parliamentary panel asks MNRE to review PM-KUSUM scheme

New Delhi : A parliamentary panel has urged the government to review the PM-KUSUM scheme, given its poor implementation on the ground. A Standing Committee on Energy said that the targets under the different components of the scheme could not be achieved and hence the timeline has been extended until March 2026. : psuwatch.com

THDCIL Kicks Off National Level Water Sports Cup 2024 at Tehri

New Delhi : Under the aegis of THDC India Limited, a Schedule-A, Mini-Ratna, PSU, the highly anticipated Tehri Water Sports Cup 2024- 3rd Edition commenced with great enthusiasm on 10th December, 2024 at Tehri Lake in Tehri-Garhwal of Uttarakhand. : psuconnect.in

Tata Power to invest Rs 1.2 trillion in renewable energy in Rajasthan

New Delhi : Tata Power has announced an investment of Rs 1.2 lakh crore in Rajasthan in various renewable energy-related projects including rooftop solar installation and electric vehicle charging infrastructure. : psuconnect.in

SECI achieves milestone in tender for Solar-BESS Projects, NTPC REL and 3 others hit as top bidders

New Delhi : The Solar Energy Corporation of India (SECI) has achieved a milestone in its tender for Battery Energy Storage Systems (BESS), setting a new benchmark with a discovered tariff of Rs 3.52/kWh. : psuconnect.in

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Oil and Gas

ONGC may hold auctions to pick green energy project developers

524e3664f21b1New Delhi : Oil and Natural Gas Corp (ONGC) is looking to hold auctions to select developers for building its planned 1.2 GW greenfield renewable energy projects, a senior company executive said. : Economic Times

IGL shares gain as company announces 1:1 bonus share issue

52c0218270807New Delhi : In a firstever announcement of bonus issue, Indraprastha Gas Ltd announced a 1:1 bonus share – one free share for every share held by shareholders as India’s biggest city gas retailer looks to increase retail investor participation and reward shareholders. : psuwatch.com

Oil prices ease, but geopolitical risk and China policy stance check losses

New Delhi : Oil prices ease, but geopolitical risk and China policy stance check losses. : Economic Times

India to be key market for global oil & gas as China slows: HSBC report

New Delhi : India is expected to be the key destination for global oil and gas products as the country adds refinery, petrochem, LNG regasification and pipeline capacity while the Chinese economy slows, according to an HSBC report released on Tuesday. : Sarkaritel.com

Oil prices ease, but China policy stance checks losses

New Delhi : Oil prices ease, but China policy stance checks losses. : Economic Times

India overhauls Oilfields Act, abolishes windfall tax to boost exploration sector

New Delhi : India overhauls Oilfields Act, abolishes windfall tax to boost exploration sector. : Economic Times

India overhauls Oilfields Act, abolishes windfall tax to boost exploration sector

New Delhi : India overhauls Oilfields Act, abolishes windfall tax to boost exploration sector. : Economic Times

India to be key market for global oil & gas as China slows: HSBC report

New Delhi : India to be key market for global oil & gas as China slows: HSBC report. : Economic Times

IIT Guwahati develops tech to convert methane, carbon dioxide into eco-friendly biofuel

Guwahati : IIT Guwahati develops tech to convert methane, carbon dioxide into eco-friendly biofuel. : Economic Times

Oil Marketing Companies eye a Strong Q3, But LPG Could be a Dealbreaker

New Delhi : Oil Marketing Companies eye a Strong Q3, But LPG Could be a Dealbreaker. : Mint

Govt says 3,000 MW electrolyser manufacturing capacity coming up in country

New Delhi : India is in the process of providing viability gap funding for electrolyser manufacturing capacity of about 3,000 MW per annum to boost green hydrogen production in the country, Parliament was informed on Tuesday. : psuwatch.com

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On December 10

New Delhi : Petrol, Diesel Prices Today On December 10, 2024:Oil marketing companies (OMCs) update petrol and diesel prices daily at 6 AM. This practice ensures transparency and adapts to the inherent volatility of these commodities. : news18.com

Ameya Sathaye is the Founder & Editor-in-Chief of SarkariTel.com and DiplomacyIndia.com with over 25 years of experience in journalism, public policy, diplomacy, governance, infrastructure and international affairs. He has represented India at major international conferences and has served as an international election observer in Uzbekistan. Detailed Biography → https://www.sarkaritel.com/about-author/
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