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MEDIA UPDATE (DECEMBER 25, 2024)

25-Dec-2024

Power

NTPC signs MoU for green hydrogen mobility in Odisha

526d57314ba45New Delhi : NTPC signs MoU for green hydrogen mobility in Odisha. : Economic Times

Punjab to boost clean energy with 66 new solar power plants by 2025

Chandigarh : Punjab to boost clean energy with 66 new solar power plants by 2025. : Economic Times

ReNew inks pact with Anzen to sell 300 MW operational solar asset in Rajasthan

New Delhi : ReNew inks pact with Anzen to sell 300 MW operational solar asset in Rajasthan. : Economic Times

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

Kerala launches 125 MW/500 MWh battery storage tender

New Delhi : Solar Energy Corp. of India (SECI) has issued a tender for selection of developers to set up 125 MW/ 500 MWh of battery energy storage system in Kerala for “on demand” usage by KSEBL. : pv-magazine.com

SJVN Green Invites Bids For 1.352 GW PM-KUSUM Comp-C Project In Maharashtra

New Delhi : SJVN Green Invites Bids For 1.352 GW PM-KUSUM Comp-C Project In Maharashtra. : saurenergy.com

IREDA Has Sanctioned Over Rs.3,000 Cr For Green Energy Projects

Bhubaneswar : IREDA Has Sanctioned Over Rs.3,000 Cr For Green Energy Projects. : saurenergy.com

NTPC-REL Floats 1.4 GW Tender To Build UP Solar Parks Project

New Delhi : NTPC-REL Floats 1.4 GW Tender To Build UP Solar Parks Project. : saurenergy.com

Odisha has power to generate 200 GW solar energy

Bhubaneswar : Odisha has the potential and resources to generate more than 200 gigawatt (GW) solar energy from different fields including 138 GW from groundmounted and 33.5 GW from floating resources. : New Indian Express

HG Infra Engineering arm signs battery storage deal with NTPC Vidyut Vyapar Nigam Ltd

526d57314ba45New Delhi : Jodhpur-based HG Infra Engineering Ltd announced that its wholly-owned subsidiary, HG Banaskantha Bess Private Ltd, has entered into a long-term battery energy storage purchase agreement with NTPC Vidyut Vyapar Nigam Ltd. : psuconnect.in

IREDA sanctions ?3,000 crore for Odisha’s green energy projects

New Delhi : IREDA sanctions ?3,000 crore for Odisha’s green energy projects. : Economic Times

Centre reviews Lakshadweep power sector, focuses on renewable energy projects

New Delhi : Centre reviews Lakshadweep power sector, focuses on renewable energy projects. : Economic Times

Maharashtra farmers will lead second green revolution by adopting renewable energy: Fadnavis

Mumbai : Maharashtra farmers will lead second green revolution by adopting renewable energy: Fadnavis. : Economic Times

Power Capacity Addition Grows this Fiscal led by New Renewable Projects

New Delhi : Power Capacity Addition Grows this Fiscal led by New Renewable Projects. : Mint

TPG in talks to acquire solar firm Altus Power, sources say

New Delhi : Buyout firm TPG’s climate investment arm is in talks to acquire Altus Power , a provider of solar power to commercial property owners and residential homes, people familiar with the matter told Reuters on Monday. : Mint

High-level meeting suggests possibility of nuclear power station in Kerala

New Delhi : Kerala could get a nuclear power station if the state provides land for the purpose, according to a suggestion made during a recent high-level meeting between Union Power Minister Manohar Lal Khattar and State Power Minister K Krishnankutty here. : Business Standard

SJVN Green Energy tenders 1,352 MW solar under PM KUSUM Scheme

New Delhi : SJVN Green Energy Ltd (SGEL), an arm of SJVN Ltd, has launched a tender for selection of solar power developers to set up 1,352 MW of grid-connected, ground-mounted PV projects under Component C of the PM-KUSUM Scheme. : pv-magazine.com

SECI allocates 600 MW of solar at $0.036/kWh

New Delhi : SECI has announced the results of its 1 GW solar tender, launched under tranche XVIII. Against the tendered capacity, 600 MW has been allocated to three bidders at an average price of INR 3.06 ($0.036)/kWh. : pv-magazine.com

State Govt to promote hydro power tourism in Himachal: CM

Shimla : Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Tuesday said the state government is considering promoting hydropower tourism to offer self-employment and job opportunities to the local youth. : psuwatch.com

NTPC 1.2 GW Solar Project Results- 6 Winners Announced

526d57314ba45New Delhi : NTPC 1.2 GW Solar Project Results- 6 Winners Announced. : saurenergy.com

Solar EPC Solidus Power Bags Maiden Rajasthan Project For 29 MW

New Delhi : Solar EPC Solidus Power Bags Maiden Rajasthan Project For 29 MW. : saurenergy.com

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Oil and Gas

Oil India plans to Launch Subsidiary for Green Energy Ventures

65ddd7d2b5295New Delhi : Oil India Ltd has announced plans to establish a wholly-owned subsidiary, OIL Green Energy, to oversee its green and alternative energy ventures. : psuconnect.in

Indian Oil to invest Rs 61,000 crore for naphtha cracker project in Odisha

52c021946ef93New Delhi : State-owned Indian Oil Corporation Ltd (Indian Oil) will invest Rs 61,000 crore to set up a naphtha cracker project at Paradip in Odisha, a statement said on Tuesday. : psuwatch.com

Green hydrogen prices will remain stubbornly high for decades

New Delhi : Green hydrogen prices will remain stubbornly high for decades. : Economic Times

Cairn Oil & Gas reduces carbon emissions by 229,000 tonnes, targets net zero by 2030

New Delhi : Cairn Oil & Gas reduces carbon emissions by 229,000 tonnes, targets net zero by 2030. : Economic Times

Indian state refiners may buy Mideast spot oil to replace Russian shortfall

New Delhi : Indian state refiners may buy Mideast spot oil to replace Russian shortfall. : Economic Times

Oil prices stable on Monday as data offsets surplus concerns

New Delhi : Oil prices stable on Monday as data offsets surplus concerns. : Economic Times

India’s emergency crude stockpile management firm ISPRL looks to trade part of stored oil

New Delhi : Indian Strategic Petroleum Reserves Ltd (ISPRL), which manages the country’s emergency crude stockpile, plans to partner with a global oil trader such as Vitol, Glencore and Shell to begin trading a portion of its own stored oil. : Economic Times

IntelliSmart looks to enter gas distribution metering segment

New Delhi : Smart metering and digital solutions company IntelliSmart Infrastructure is looking to enter the gas distribution metering segment. : Economic Times

Oil prices up by 1% in thin pre-holiday trade

New Delhi : Oil prices rose by more than 1% on Tuesday, reversing the prior session’s losses on a brightening short-term outlook tied to the prospect of slightly tightening supplies as trade thinned ahead of the Christmas and Hanukkah holidays. : Mint

FICCI urges Chemicals Ministry to hike import duty on petrochemical products to 12.5%

New Delhi : Indian industries trade body, the Federation of Indian Chambers of Commerce and Industry (FICCI), has written to the Ministry of Chemicals and Fertilizers requesting a hike in customs or import duty on petrochemical products, reported the news agency PTI. : Mint

Raise import duty on petchem to protect domestic industry: Ficci asks govt

New Delhi : Fearing that countries like China may take advantage of low import duty to dump petrochemical products in India, a top trade body has sent an SOS to the government seeking hike in customs duty to protect the domestic industry and jobs. : Business Standard

BPCL picks Andhra for new refinery, petchem project

52c021a3416f1New Delhi : State-owned Bharat Petroleum Corporation Ltd (BPCL) has picked Andhra Pradesh for setting up a new oil refinery-cum-petrochemical complex, which perhaps may be the last greenfield project before India transitions to clean energy sources. : psuwatch.com

BPCL board approves to invest Rs 6,100 crore for green field refinery project

52c021a3416f1New Delhi : In its board meeting held on December 24, Bharat Petroleum Corporation Limited (BPCL) approved the commencement of pre-project activities, as per the latest regulatory filings with the stock exchanges. : psuconnect.in

NTPC signs MoU for green hydrogen mobility in Odisha

New Delhi : NTPC signs MoU for green hydrogen mobility in Odisha. : Economic Times

Oil prices rise in thin pre-Christmas trade

New Delhi : Oil prices rise in thin pre-Christmas trade. : Economic Times

Middle East share of India’s Nov oil imports at 9-mth high; Russia down

New Delhi : Middle East share of India’s Nov oil imports at 9-mth high; Russia down. : Economic Times

PMUY covers 10.33 crore beneficiaries, LPG sales up 5.5% in H1 FY25: PPAC

New Delhi : PMUY covers 10.33 crore beneficiaries, LPG sales up 5.5% in H1 FY25: PPAC. : Economic Times

Indian Oil Corp to invest 610 bln rupees in naphtha cracker project in Odisha state

52c021946ef93New Delhi : Indian Oil Corporation will invest 610 billion rupees ($7 billion) to establish a naphtha cracker project in Paradip in the eastern state of Odisha, the state government said on Tuesday. : Economic Times

BPCL begins Rs 6,100 cr pre-project activities on Andhra refinery

52c021a3416f1New Delhi : Bharat Petroleum Corporation Limited (BPCL), in exchange filings, announced two major developments on Tuesday: Commencement of the pre-project activities for a greenfield refinery-cum-petrochemical complex. : Business Standard

Petrol and Diesel Fresh Prices Announced: Fuel Rates Decreased Slightly on December 24

New Delhi : The petrol and diesel prices have decreased in the capital city, Bhubaneswar in the last 24 hours. On December 24, 2024, petrol has been priced at Rs 100.97 per liter while diesel costs Rs 92.55 per litre. : kalingatv.com

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