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MEDIA UPDATE (DECEMBER 23, 2024)

23-Dec-2024

Power

NHPC signs MoU with Central Water Commission to review design consultancy

526a36c266c1eNew Delhi : In a significant move to ensure timely restoration of the NHPC Teesta-V Power Station in Sikkim, a Memorandum of Understanding (MoU) for Review Design Consultancy has been signed between the Central Water Commission (CWC) and NHPC Limited on 20.12.2024. : psuconnect.in

NTPC Green shares to get focus, signs MoU with Bihar Government

526d57314ba45New Delhi : A wholly-owned subsidiary of NTPC, NTPC Green Energy (NGEL), has signed a memorandum of understanding (MoU) with the Department of Industries, Government of Bihar on 20 December 2024. : psuconnect.in

Adani Green completes funding of reserves for $750 million Holdco Bond

New Delhi : Adani Green completes funding of reserves for $750 million Holdco Bond. : Economic Times

India initiates anti-dumping probe into imports of solar glass from China, Vietnam

New Delhi : India initiates anti-dumping probe into imports of solar glass from China, Vietnam. : Economic Times

Maha to source 52% energy from renewables by 2030: CM

New Delhi : Maha to source 52% energy from renewables by 2030: CM. : Economic Times

Sterling and Wilson bags Rs 1,200 crore solar EPC order in Gujarat

New Delhi : Sterling and Wilson Renewable Energy has secured a Rs 1,200 crore order for a 500-megawatt (MW) solar photovoltaic (PV) project in Gujarat, expanding its presence in India’s renewable energy market. : Business Standard

Solar power projects face higher costs after customs duty notification

New Delhi : The government, through a notification issued under Section 65(1) of the Customs Act, 1962 (CA 62), has prospectively legitimised the administrative bar on import, without payment of customs duties under the scheme for manufacture in a bonded warehouse, of goods for solar power generation projects which supply electricity. : Business Standard

Bihar receives record Rs 1.81 trillion investment proposals, says minister

New Delhi : “Ab humara samay hai” – The time for Bihar has come, said state’s Industries and Tourism Minister Nitish Mishra after it received a record Rs 1.81 lakh crore worth of investment proposals in its only second investor meet. : Business Standard

IREDA bags triple honours at 14th PSE Excellence Awards

New Delhi : Indian Renewable Energy Development Agency Limited (IREDA) has been honoured with three awards at the 14th PSE Excellence Awards ceremony, organised by the Indian Chamber of Commerce (ICC) in New Delhi on Saturday. : psuwatch.com

Swan Energy Limited signs Head of agreement with AG&P Terminals & Logistics

New Delhi : Swan Energy Limited (SEL) has signed a Heads of Agreement (HoA) with AG&P Terminals & Logistics (SINGAPORE) PTE. LTD. (AG&P LNG) for the following purposes: : psuconnect.in

Waaree Energies begins trial production at US solar module plant

New Delhi : Waaree Energies begins trial production at US solar module plant. : Economic Times

Coal’s share in India’s power generation capacity drops below 50% for 1st time since 1960s

New Delhi : Coal’s share in India’s power generation capacity drops below 50% for 1st time since 1960s. : Economic Times

Nepal earns Rs 815 cr from electricity export to India in 5 months of FY25

Kathamandu, Nepal : The Nepal Electricity Authority (NEA) has exported electricity worth Nepalese rupees 13 billion (INR 815 crore approximately) during the first five months of the current fiscal year. : Business Standard

Crisil analysis: Sprint towards power sector’s 500 Gw of green energy goal

New Delhi : India’s power sector is prioritising climate-transition goals, where a supportive ecosystem of energy storage, transmission connectivity and supply chain is now being created holistically. : Business Standard

Union Minister Manohar Lal Reviews Various Power And Urban Affairs Projects Being Implemented In Kerala

New Delhi : Union Minister for Power, Housing and Urban Affairs Manohar Lal who is on a visit to Kerala, on Sunday, chaired a review meeting on various Power and Urban affairs projects being implemented in the state. : globalgreenews.com

Minister Dr. Jitendra Singh reviewed progress of ongoing Hydro Projects being developed by NHPC, CVPPL, RHPCL

526a36c266c1eNew Delhi : Dr. Jitendra Singh, Hon’ble MoS (I/c) – Ministry of Science & Technology; Ministry of Earth Sciences, MoS – PMO, Ministry of Personnel, Public Grievances & Pensions, Department of Atomic Energy. : psuconnect.in

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Oil and Gas

Navratna PSU Stock, NBCC secures work order from Oil India

65ddd7d2b5295New Delhi : State-run NBCC received a work order from Oil India Limited for the construction of a new hospital at Duliajan, Assam. The project work is valued at approximately Rs. 200 Crore. : psuconnect.in

Indian Oil Corporation probes allegation of US firm bribing its officers

52c021946ef93New Delhi : State-owned Indian Oil Corporation (IOC) has begun a probe into allegations of a US speciality chemicals firm bribing its officials 15 years back to obtain contracts to supply catalysts, according to a company’s regulatory filing. : Economic Times

Ashoka Buildcon to invest Rs 9,000 cr in green hydrogen plant in Bihar

New Delhi : Ashoka Buildcon to invest Rs 9,000 cr in green hydrogen plant in Bihar. : Economic Times

Indian Oil Corporation probes allegation of US firm bribing officials

52c021946ef93New Delhi : State-owned Indian Oil Corporation (IOC) has begun a probe into allegations of a US speciality chemicals firm bribing its officials 15 years back to obtain contracts to supply catalysts, according to a company’s regulatory filing. : Business Standard

States not in favour of bringing aviation turbine fuel under GST: FM

New Delhi : Finance Minister Nirmala Sitharaman on Saturday said that states did not agree on bringing aviation turbine fuel under the ambit of Goods and Services Tax. : Business Standard

Oil, Gas CPSEs set to exceed IEBR capex for fifth-straight year in FY25

New Delhi : According to officials, central public sector enterprises (CPSEs) in the oil and gas sector are expected to exceed their annual internal and extra-budgetary resources (IEBR) capital expenditure targets in FY25 for the fifth consecutive year. : psuconnect.in

Bihar Business Connect 2024: Sun Petrochemicals pledges Rs 36,700 cr investment in state

Patna : Bihar Business Connect 2024: Sun Petrochemicals pledges Rs 36,700 cr investment in state. : Economic Times

ONGC signs agreement with TotalEnergies to detect, measure methane emissions

524e3664f21b1New Delhi : ONGC signs agreement with TotalEnergies to detect, measure methane emissions. : Economic Times

India has potential to be key sustainable aviation fuel producer, says IATA official

New Delhi : India has the potential to be a key producer of sustainable aviation fuel by utilising its ethanol supplies and availability of lipids feedstocks like non-edible industrial oils, according to a senior official at the global airlines’ grouping IATA. : Economic Times

Oil and gas CPSEs set to exceed IEBR capex for fifth-straight year

New Delhi : Central public sector enterprises (CPSEs) in the oil and gas sector are set to exceed their annual internal and extra budgetary resources (IEBR) capital expenditure targets in FY25 for the fifth year in a row, according to officials. : Business Standard

Bihar receives record Rs 1.81 trillion investment proposals, says minister

New Delhi : “Ab humara samay hai” – The time for Bihar has come, said state’s Industries and Tourism Minister Nitish Mishra after it received a record Rs 1.81 lakh crore worth of investment proposals in its only second investor meet. : Business Standard

HPCL approves Rs. 4,679 crore modernization of Mumbai Refinery

52c021b320336New Delhi : The Board of directors of Hindustan Petroleum Corporation Limited at the meeting held recently approved the “Lube Modernization and Bottoms Upgradation Project” at Mumbai Refinery. : indianmandarins

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