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MEDIA UPDATE (DECEMBER 28, 2024)

Edited By : Ameya Sathaye
Published : December 28, 2024, 7:22 AM IST   |   79

28-Dec-2024

Power

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” New Delhi : REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has signed a Memorandum of Agreement (MoA) with Sevarth Sansthan Seth Bimal Kumar Jain Trauma & Physiotherapy Dharmarth Samiti (SSB) under its Corporate Social Responsibility (CSR) initiative to provide financial assistance of Rs. 14 crore for the procurement of Linear Accelerator (LINAC) machine in Trauma Centre established by SSB in Firozabad District of Uttar Pradesh.” : Sarkaritel.com

NTPC, CCTE set to explore thorium-based N-energy

526d57314ba45New Delhi : NTPC Ltd and US-based Clean Core Thorium Energy have entered into a strategic partnership to explore the development and deployment of Advanced Nuclear Energy for Enriched Life (ANEEL), a thorium-based fuel for nuclear energy. : Economic Times

NGT calls for safe disposal system of used solar panels, asks govt’s reply

5a3dd294c89e1New Delhi : The National Green Tribunal (NGT) has sought a response from the Union of India and other respondents on a plea regarding improper disposal and recycling of Photovoltaic (PV) solar panels. : Business Standard

PFC Consulting incorporates SPV to develop transmission system

5270f1a1f406dNew Delhi : State-owned Power Finance Corporation (PFC) on Friday said its arm PFC Consulting has incorporated a project special purpose vehicle to set up an electricity transmission system. : psuwatch.com

REC Limited Pledges ?14 Crore for Cancer Treatment in Uttar Pradesh

524db06275b53Gurgoan, Haryana : REC Limited, a leading Maharatna company under the Ministry of Power, has stepped up to improve cancer treatment facilities in Uttar Pradesh. : https://www.smartgovernance.in/

REC Limited Commits Rs. 14 Crore under CSR for Advanced Cancer Treatment in Uttar Pradesh

524db06275b53New Delhi : REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has signed a Memorandum of Agreement (MoA) with Sevarth Sansthan Seth Bimal Kumar Jain Trauma & Physiotherapy Dharmarth Samiti (SSB) under its Corporate Social Responsibility (CSR) initiative to provide financial assistance of Rs. 14 crore. : psuconnect.in

REC Limited Allocates ?14 Crore for Advanced Cancer Treatment in Uttar Pradesh under CSR

524db06275b53New Delhi : REC Limited, a Maharatna CPSE under the Ministry of Power and a leading Non-Banking Financial Company (NBFC), has committed ?14 crore under its Corporate Social Responsibility (CSR) initiative for advanced cancer treatment in Uttar Pradesh. : kashmirobserver.net

NHPC reports Rs 1,075 Crore Loss due to Flash Floods, results delay in project completion

526a36c266c1eNew Delhi : The National Hydroelectric Power Corporation’s (NHPC) 2,000 MW Lower Subansiri hydroelectric project has lost Rs 1,075.97 crore due to flash floods. This project, located on the Subansiri River along the Assam-Arunachal Pradesh border, has experienced several delays since its inception in 2005. : psuconnect.in

Gensol Engineering gets Rs 897-cr solar project from NTPC REL

New Delhi : Gensol Engineering gets Rs 897-cr solar project from NTPC REL. : Economic Times

Year-ender 2024: India’s renewable energy hits 205 GW

New Delhi : Year-ender 2024: India’s renewable energy hits 205 GW. : Economic Times

NGT calls for safe disposal system of used solar panels, seeks centre’s response

New Delhi : NGT calls for safe disposal system of used solar panels, seeks centre’s response. : Economic Times

From Solar Mission to Nuclear Deals: Remembering Manmohan Singh’s Energy Legacy

New Delhi : From Solar Mission to Nuclear Deals: Remembering Manmohan Singh’s Energy Legacy. : Economic Times

JSW Energy appoints Feby Koshy as EVP-Head Thermal

New Delhi : JSW Energy on Friday announced that its board has approved appointment of Feby Koshy as the Executive Vice President – Head of Thermal. His appointment is effective from December 30, JSW Energy said in an exchange filing. : Economic Times

PPAC component of power bill reduced, relief for consumers in Delhi: Officials

New Delhi : The Power Purchase Adjustment Charges (PPAC) have been sharply reduced in Delhi which will provide a relief to the city’s consumers who can expect lower electricity bills now, officials said on Friday. : Economic Times

JSW Neo Energy to acquire O2 Power at enterprise value of $1.47 billion

New Delhi : JSW Neo Energy , a wholly-owned subsidiary of JSW Energy Ltd, is set to acquire renewable energy platform O2 Power at an enterprise value of $1.47 billion. : Mint

NTPC partners with CCTE to explore thorium-based nuclear energy solutions

526d57314ba45New Delhi : India’s largest power generator NTPC Limited on Friday said it has signed a strategic pact with US-based Clean Core Thorium Energy (CCTE) to explore development and deployment of advanced nuclear energy for enriched life (Aneel). : Business Standard

Sebi fines Jaiprakash Power for misrepresenting co’s financial statements

New Delhi : Markets regulator Sebi on Friday imposed a penalty totalling Rs 54 lakh on Jaiprakash Power Ventures, its MD and CEO Suren Jain and other top officials for misrepresenting the company’s financial statements. : Business Standard

Gensol Engineering secures 276 MW DC solar EPC contract from NTPC

New Delhi : Gensol Engineering Ltd has secured an EPC contract from NTPC Renewable Energy Ltd to develop a 225 MW AC (276 MW DC) grid-connected solar PV project in Gujarat. The project is to be executed at GSECL Solar Park (Stage-III) at Khavda, located in the Rann of Kutch. : pv-magazine.com

Coal exchange on anvil, work underway to raise output to meet demand

New Delhi : The coal sector is likely to witness a spate of activities in the upcoming year from launching maiden coal exchange to facilitating trading and rate determination of dry-fuel to meet the booming demand of the economy. : psuwatch.com

NTPC REL begins commercial supply of 37.50 MW from Sadla solar project

New Delhi : Power giant NTPC on Friday said its step-down arm, NTPC Renewable Energy Ltd (NTPC REL), has begun commercial supply of electricity from a first part capacity of 37.50 MW out of 200 MW of Gujarat Solar PV Project in Sadla from December 21. : psuwatch.com

REC commits Rs 14 crore under CSR for advanced cancer treatment in UP

524db06275b53New Delhi : REC Limited has signed a Memorandum of Agreement (MoA) with Sevarth Sansthan Seth Bimal Kumar Jain Trauma & Physiotherapy Dharmarth Samiti (SSB) under its Corporate Social Responsibility (CSR) initiative to provide financial assistance of Rs 14 crore. : psuwatch.com

NTPC Renewable Energy commences 37.50 MW Solar Supply in Gujarat

526d57314ba45New Delhi : State power giant NTPC announced on Friday that its subsidiary, NTPC Renewable Energy Ltd (NTPC REL), has started the commercial supply of electricity from the initial capacity of 37.50 MW out of a total of 200 MW at the Gujarat Solar PV Project in Sadla, effective December 21, 2024. : psuconnect.in

ACME Solar bags Rs 1,988 crore hybrid project from Power Finance Corporation

New Delhi : ACME Solar Holdings Ltd has announced major advancements in its renewable energy initiatives. The company has secured financing of Rs 1,988 crore from Power Finance Corporation (PFC) for a 300 MW solar-wind hybrid renewable energy project. : psuconnect.in

Hindalco gets Meenakshi coal mine with 12 MTPA capacity

New Delhi : Hindalco gets Meenakshi coal mine with 12 MTPA capacity. : Economic Times

NTPC REL begins commercial supply of 37.50 MW from Sadla solar project

526d57314ba45New Delhi : NTPC REL begins commercial supply of 37.50 MW from Sadla solar project. : Economic Times

JSW Neo Energy to acquire 4.7 GW RE platform from O2 Power for ?12,468 crore

New Delhi : JSW Neo Energy to acquire 4.7 GW RE platform from O2 Power for ?12,468 crore. : Economic Times

REC Ltd. Commits Rs.14Cr Under CSR For Advanced Cancer Treatment

524db06275b53New Delhi : REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has signed a Memorandum of Agreement (MoA) with Sevarth Sansthan Seth Bimal Kumar Jain Trauma & Physiotherapy Dharmarth Samiti (SSB) under its Corporate Social Responsibility (CSR) initiative to provide financial assistance of Rs. 14 crore for the procurement of Linear Accelerator (LINAC) machine in Trauma Centre established by SSB in Firozabad District of Uttar Pradesh. : trunews.com

Hero Future Energies commissions 29 MW solar project in Karnataka

New Delhi : Hero Future Energies commissions 29 MW solar project in Karnataka. : Economic Times

India extends mandate for imported coal-based power plants to run at full capacity

New Delhi : India on Friday extended its mandate for imported coal-based power plants to operate at full capacity until Feb. 28, a government circular showed. : Economic Times

India extends mandate for imported coal plants to run at full capacity

New Delhi : India on Friday extended its mandate for imported coal-based power plants to operate at full capacity until Feb. 28, a government circular showed. : Business Standard

IREDA launches revamped intranet portal; pays homage to former PM Dr Manmohan Singh

New Delhi : Indian Renewable Energy Development Agency Limited (IREDA) today launched a completely revamped intranet portal aimed at enhancing communication, collaboration, and operational efficiency within the organisation. : psuwatch.com

PFC Consulting incorporates Special Purpose Vehicle for Green Hydrogen supply

5270f1a1f406dNew Delhi : State-owned Power Finance Corporation announced on Friday that its subsidiary, PFC Consulting, has established a special purpose vehicle (SPV) for the development of an electricity transmission system. : psuconnect.in

Gensol Engineering bags Rs 897 crore solar project from NTPC REL

Mumbai : Gensol Engineering Limited (BSE: 542851, NSE: GENSOL), a prominent leader in the renewable energy sector specializing in solar power engineering, procurement, and construction (EPC) services, has secured a significant EPC contract from NTPC Renewable Energy Limited (NTPC REL). : psuconnect.in

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Oil and Gas

BPCL plans to invest $2.9 billion in exploration in Mozambique, Brazil

52c021a3416f1Mumbai : State-run Bharat Petroleum Corp (BPCL) plans to spend ?25,000 crore (about $2.9 billion) on its exploration and production blocks in Mozambique and Brazil over the next three years, G Krishnakumar, chairman and managing director told ET. : Economic Times

BPCL plans $11 billion refinery project in southern Andhra Pradesh

52c021a3416f1New Delhi : Bharat Petroleum Corp plans to invest $11 billion in southern Andhra Pradesh state for a new refinery and petrochemical project to meet rising fuel demand in the world’s fastest-growing major economy, its chairman said. : Business Standard

BPCL, CIL may put Rs 12K cr into coal gasification jv

52c021a3416f1New Delhi : BPCL, CIL may put Rs 12K cr into coal gasification jv. : Economic Times

Modified policy to revive ageing oilfields expected to be out in 2025

New Delhi : The government may notify the modified version of the policy on enhanced recovery (ER) and improved recovery (IR) for oil and gas in 2025, officials said. : Business Standard

Puducherry government increases VAT on petrol and diesel from January 1

Puducherry : Puducherry residents will usher in the New Year with increased fuel prices as the government has decided to enhance the Value Added Tax (VAT) on petrol and diesel from January 1, 2025. : New Indian Express

Oil prices set for weekly gain on China stimulus optimism

New Delhi : Oil prices set for weekly gain on China stimulus optimism. : Economic Times

CNG price up 1 to 78/kg, auto drivers want fare hike

New Delhi : CNG price up 1 to 78/kg, auto drivers want fare hike. : Economic Times

Finland seizes Russian ‘Shadow Fleet’-linked oil tanker over cable sabotage

New Delhi : Finnish authorities have detained an oil tanker, the Eagle S, as part of an investigation into the recent sabotage of undersea cables in the Baltic Sea, Finnish state media YLE reported on Friday. : Business Standard

India’s LNG import surges 21% y-o-y in Apr-Nov period on account of higher demand

New Delhi : India’s Liquefied Natural Gas (LNG) imports surged 21 percent year-on-year in April-November period of FY2024-25, pushing up the country’s import dependency to nearly 51 percent. : psuwatch.com

Major Shakeup at HPCL as ONGC Sussidiary Announces High-Profile Officer Reshuffle

New Delhi : Major Shakeup at HPCL as ONGC Sussidiary Announces High-Profile Officer Reshuffle. : newsip.in

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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