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MEDIA UPDATE (DECEMBER 26, 2024)

26-Dec-2024

Power

India adds 15 GW renewable capacity in April-November, aims at 500 GW by 2030

New Delhi : India doubled its renewable energy capacity addition to 15 GW during April-November 2024-25 compared to the similar period of the previous fiscal, and has now raised its 2030 target to 500 GW. : Domain-b.com

Kerala could get nuclear plant if land for site is provided: Union minister to state government

New Delhi : Kerala could get nuclear plant if land for site is provided: Union minister to state government. : Economic Times

Tech issues halt power generation in four units of RTPS

New Delhi : Tech issues halt power generation in four units of RTPS. : Economic Times

Record RE addition of 30 GW, policy push for storage, hybrid energy

New Delhi : India made significant progress in the renewable energy (RE) sector in 2024 with total RE capacity reaching 205.5 gigawatt (GW) as of November in the current fiscal year 2024-25. : Financial Express

REC forms arm for renewable power evacuation in Madhya Pradesh

New Delhi : State-owned REC on Wednesday said it has formed a subsidiary for the evacuation of power from renewable energy projects in Madhya Pradesh. : devdiscourse

Himachal CM reviews progress of Energy Department projects

Shimla : Himachal CM reviews progress of Energy Department projects. : Economic Times

Japan to maximize nuclear power in clean-energy push as electricity demand grows

Tokyo, Japan : A government-commissioned panel of experts on Wednesday largely supported Japan’s new energy policy for the next few years that calls for bolstering renewables up to half of electricity needs by 2040. : Mint

Unit of electricity saved is equivalent to two units produced: KREDL MD

Bengaluru : Managing Director of Karnataka Renewable Energy Development Limited (KREDL) on Tuesday said that a unit of electricity saved is equivalent to two units produced. : New Indian Express

Govt to Provide affordable energy in 2 Years in Maharashtra: Fadanvis

Nagpur : Govt to Provide affordable energy in 2 Years in Maharashtra: Fadanvis. : uniindia.com

Government has 25-year roadmap for power sector; electricity tariff will reduce in 2 years: CM Devendra Fadnavis

Nagpur : Maharashtra Chief Minister Devendra Fadnavis on Wednesday said that the state government has chalked out a comprehensive roadmap for the power sector for the next 25 years and promised a reduction in the power tariff in the next two years. : Indian Express

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Oil and Gas

BPCL picks Andhra Pradesh for India’s last greenfield refinery 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 may be the last greenfield project in India which has detailed a very ambitious energy transition plan to net zero emissions. : Economic Times

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

52c021946ef93Bhubaneswar : Indian Oil Corp to invest Rs 61,000 crore for naphtha cracker project in Odisha. : Economic Times

BPCL, CIL may put Rs 12,000 crore into coal gasification JV

52c021a3416f1New Delhi : State-run energy majors, Bharat Petroleum Corp (BPCL) and Coal India (CIL), plan to jointly invest in a Rs 12,000-crore coal gasification project in the Chandrapur district of eastern Maharashtra, sources aware of the development told ET. : Economic Times

Natural gas production falls 2.3% in November, LNG imports jump 25.1%: PPAC

New Delhi : Natural gas production falls 2.3% in November, LNG imports jump 25.1%: PPAC. : 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

Swan ties up with AG&P for India FSRU

New Delhi : Business tycoon Nikhil Merchant-run Swan Energy has lined up a floating LNG receipt and regasification unit for its proposed liquefied natural gas import project at Jafrabad in Gujarat, the firm said in a regulatory filing. : Economic Times

Russia says pipeline gas, LNG exports to Europe up by 18-20% in 2024

New Delhi : Total exports of Russian gas to European countries have so far been 18-20% higher this year than in 2023, Deputy Prime Minister Alexander Novak said on Wednesday. : Business Standard

India’s crude oil output declines 2.1% in November; petroleum product output rises 2.9%: PPAC

New Delhi : India’s crude oil output declines 2.1% in November; petroleum product output rises 2.9%: PPAC. : Economic Times

GST notices sent to over a dozen CNG kit providers

New Delhi : The Goods and Services Tax (GST) authorities have sent show cause-cum-demand notices to over a dozen companies providing CNG cylinders to motor vehicles, alleging misclassification of such fuel tanks. : Economic Times

China issues 19 mn metric tons of fuel under 2025 1st batch export quota

New Delhi : China has issued 19 million metric tons of export quotas for gasoline, diesel and aviation fuel under the batch of allowances for 2025, a level that is steady versus a year earlier, several traders and a Chinese industry consultancy said on Wednesday. : Business Standard

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