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MEDIA UPDATE (FEBRUARY 07, 2024)

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07-Feb-2024

Power

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” New Delhi : NTPC Bongaigaon and IOCL Bongaigaon Refinery have formalized a Mutual Aid Agreement (MAA) for Emergency Response Plan (ERP) today 6th February,2024 at NTPC Bongaigaon which aimed at bolstering emergency readiness and response capabilities in between the individual organisations.” : Sarkaritel.com

NLC India Q3 profit at Rs 254 crore

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New Delhi : NLC India Limited on Tuesday reported a consolidated profit of Rs 254.10 crore for the quarter ended on December 31, 2023. The company had posted a consolidated loss of Rs 396.35 crore in the year-ago period. : psuwatch.com

NTPC, IOC ink pact for disaster response at Bongaigaon plants in Assam

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New Delhi : NTPC Limited on Tuesday said it has joined hands with the Bongaigaon unit of Indian Oil Corporation (IOCL) to address industrial emergencies and natural calamities. : psuwatch.com

Nalco, NLC India among 10 companies submit bids for coal mines up for auction

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New Delhi : Nalco, NLC India among 10 companies submit bids for coal mines up for auction. : Economic Times

NLC India reports Rs. 1,673 Cr profit for Nine Months ended FY23

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New Delhi : Profit After Tax (PAT) for the Nine Months ended 31.12.2023 is Rs. 1,673 Crore as against Rs.474 Crore in the corresponding period of the previous year, registering a growth of 253%. : psuconnect.in

Prime Minister Narendra Modi Invites the world to invest in India’s energy sector in his inaugural address at India Energy Week 2024

New Delhi : Prime Minister Narendra Modi inaugurated the second edition of India Energy Week 2024 in Goa today. PM Modi emphasised India’s commitment to unprecedented levels of investment in the energy sector while addressing the gathering of global energy leaders. : Sarkaritel.com

Jindal Power offers $1.68 bln for distressed coal-based power plant, say sources

New Delhi : Jindal Power, a unit of India’s Jindal Steel & Power Ltd, has submitted a 140 billion rupees ($1.69 billion) bid for a coal-based power project in the eastern region, two sources familiar with the development told Reuters. : Economic Times

US solar boom opens $2 billion India door to banned products from China

New Delhi : US efforts to promote the expansion of India’s solar industry may have opened a back door to components made with forced labour in China. : Mint

Large part of Rs 11 tn capex for FY25 to flow into energy sector: PM Modi

New Delhi : Prime Minister Narendra Modi on Tuesday said that the Centre would allocate a large part of the budgeted capital expenditure for the fiscal year 2024–25 (FY25) to the energy sector as the country strives to meet rapidly growing demand and accomplish climate targets, reported Mint. : Business Standard

Hindalco Inds Contracts For Renewable Energy From 100 MW Ayana Renewable Project

New Delhi : Hindalco Inds Contracts For Renewable Energy From 100 MW Ayana Renewable Project. : saurenergy.com

Tamil Nadu Cements Corporation Floats Consultancy Tender for 20 MW Solar Project

New Delhi : Tamil Nadu Cements Corporation Floats Consultancy Tender for 20 MW Solar Project. : mercomindia.com

Maharashtra Floats Consultancy Tender for 3.31 MW of Distributed Solar Projects

New Delhi : Maharashtra Floats Consultancy Tender for 3.31 MW of Distributed Solar Projects. : mercomindia.com

PM inaugurates and lays foundation stone of projects worth over Rs 1330 crores in Viksit Bharat, Viksit Goa 2047 program in Goa

New Delhi : The Prime Minister, Narendra Modi inaugurated and laid the foundation stone for development projects worth over Rs 1330 crores in Viksit Bharat, Viksit Goa 2047 program in Goa today. Modi also took a walkthrough of the exhibition showcased on the occasion. : Sarkaritel.com

IEW 2024: Rooftop solar in one crore households to create huge investment potential in solar value chain, says PM Modi

New Delhi : IEW 2024: Rooftop solar in one crore households to create huge investment potential in solar value chain, says PM Modi. : Economic Times

China likely to increase curbs on wind, solar as grid capacity strained

New Delhi : China likely to increase curbs on wind, solar as grid capacity strained. : Economic Times

India Energy Week: PM Modi calls for global investment in India’s energy sector

New Delhi : India Energy Week: PM Modi calls for global investment in India’s energy sector. : Economic Times

India Energy Week 2024: Day 1 to witness inauguration, high-level energy panels in Goa

New Delhi : India Energy Week 2024: Day 1 to witness inauguration, high-level energy panels in Goa. : Economic Times

India Energy Week: Global energy leaders to gather in Goa, focusing on transition and innovation

New Delhi : India Energy Week: Global energy leaders to gather in Goa, focusing on transition and innovation. : Economic Times

Crisil upgrades rating on Adani Power bank loan facilities

New Delhi : Crisil upgrades rating on Adani Power bank loan facilities. : Economic Times

US, India share strong focus on energy transition, says US official

New Delhi : US, India share strong focus on energy transition, says US official. : Economic Times

IEW 2024: Goa gears up for mega energy event with 35,000 attendees, featuring 350 exhibitors across 100 nations

New Delhi : IEW 2024: Goa gears up for mega energy event with 35,000 attendees, featuring 350 exhibitors across 100 nations. : Economic Times

Around 156 GW new power generation capacity underworks: Power Minister RK Singh

New Delhi : Around 156 gigawatt (GW) of new power generation capacity is underworks — including 103 GW of renewables, 26 GW of thermal, 18 GW of hydro and 8 GW of nuclear energy, said Union Power Minister RK Singh. : Economic Times

PM Suryodaya Yojana will help in self-sufficiency in country’s energy needs

New Delhi : Soon after the historic inauguration of Shri Ram Mandir in Ayodhya, the epoch-making event this year, Prime Minister Modi announced the launch of a new scheme, Pradhan Mantri Suryodaya Yojana, to install solar rooftop systems on one crore houses in India. : Business Standard

SJVN CMD, Geeta Kapur met Chief Secretary of Himachal Pradesh

New Delhi : Smt. Geeta Kapur, Chairman & Managing Director, SJVN today met Sh. Prabodh Saxena, Chief Secretary to the Government of Himachal Pradesh after assuming the charge of CMD, SJVN. : psuconnect.in

IEX Trades 1.52 Million Renewable Energy Certificates in January, Up 285% YoY

New Delhi : IEX Trades 1.52 Million Renewable Energy Certificates in January, Up 285% YoY. : mercomindia.com

MERC Orders DISCOM to Refund Excess Penalty Charges to Theme Park Owner

New Delhi : MERC Orders DISCOM to Refund Excess Penalty Charges to Theme Park Owner. : mercomindia.com

Prime Minister inaugurates, brands India Energy Week (IEW) 2024 as ‘world’ event

Panaji : When Prime Minister Narendra Modi inaugurated the first edition of the India Energy Week (IEW) in 2023, he branded India as a favoured investment destination in the energy sector. : psuwatch.com


Oil and Gas

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” New Delhi : Petronet LNG Limited’s(PLL’s)made a press release dated 06.02.2024 informing about the execution and renewal of 7.5 MMTPA LNG long term contract between PLL and QatarEnergy. IndianOil hold 12.5% equity share in PLL.” : Sarkaritel.com

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” New Delhi : Prime Minister Narendra #Modi inaugurated #IndiaEnergyWeek2024 in Goa today. India Energy Week 2024 is India’s largest and only all-encompassing energy exhibition and conference, bringing together the entire energy value chain to catalyze India’s energy transition goals. The Prime Minister also held a roundtable with Global oil & gas CEOs and experts.” : Sarkaritel.com

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” Panaji : On the occasion of India Energy Week 2024, ONGC signed a Cooperation Agreement with TotalEnergies to carry out methane emissions detection and measurement campaigns using TotalEnergies’ pioneer AUSEA (Airborne Ultralight Spectrometer for Environmental Applications) technology.” : Sarkaritel.com

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” New Delhi : NTPC Bongaigaon and IOCL Bongaigaon Refinery have formalized a Mutual Aid Agreement (MAA) for Emergency Response Plan (ERP) today 6th February,2024 at NTPC Bongaigaon which aimed at bolstering emergency readiness and response capabilities in between the individual organisations.” : Sarkaritel.com

PM inaugurates and lays foundation stone of projects worth over Rs 1330 crores in Viksit Bharat, Viksit Goa 2047 program in Goa

New Delhi : The Prime Minister, Narendra Modi inaugurated and laid the foundation stone for development projects worth over Rs 1330 crores in Viksit Bharat, Viksit Goa 2047 program in Goa today. Modi also took a walkthrough of the exhibition showcased on the occasion. : Sarkaritel.com

India’s Petronet, Qatar Energy sign long-term contract for LNG sale, purchase agreement

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New Delhi : A long-term contract for LNG Sale and Purchase Agreement was signed on Tuesday between India’s state-run oil and gas company ‘Petronet LNG’ and Qatar’s ‘Qatar Energy’. : theprint.in

Petronet secures Qatari gas supplies till 2048

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New Delhi : State-run Petronet LNG Ltd on Tuesday signed a long-term deal with QatarEnergy for buying 7.5 million tonnes of liquefied natural gas (LNG) per annum. : Mint

Petronet renews long term LNG deal with QatarEnergy

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New Delhi : State-run Petronet LNG has inked a 20 year contract for procuring 7.5 million tonnes per annum (mtpa) of liquefied natural gas (LNG) from Qatar. : Business Line

ONGC, TotalEnergies ink Cooperation Agreement for detecting and measuring Methane Emissions

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New Delhi : On the occasion of India Energy Week 2024, ONGC signed a Cooperation Agreement with TotalEnergies to carry out methane emissions detection and measurement campaigns using TotalEnergies’ pioneer AUSEA (Airborne Ultralight Spectrometer for Environmental Applications) technology. : millenniumpost.in

ONGC signs Cooperation Agreement with TotalEnergies

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Panaji : On the occasion of India Energy Week 2024, ONGC signed a Cooperation Agreement with TotalEnergies to carry out methane emissions detection and measurement campaigns using TotalEnergies’ pioneer AUSEA (Airborne Ultralight Spectrometer for Environmental Applications) technology. : psuconnect.in

Govt making constant efforts to keep CNG prices under control: Oil minister Puri

New Delhi : Govt making constant efforts to keep CNG prices under control: Oil minister Puri. : Economic Times

India Energy Week 2024: India to invest USD 67 billion in energy sector over next 5-6 Years, says PM Modi

New Delhi : India Energy Week 2024: India to invest USD 67 billion in energy sector over next 5-6 Years, says PM Modi. : Economic Times

India Energy Week: India boosts cleaner fuel availability with 9,000 ethanol-blended outlets, says PM Modi

New Delhi : India Energy Week: India boosts cleaner fuel availability with 9,000 ethanol-blended outlets, says PM Modi. : Economic Times

Vedanta chairman Anil Agarwal outlines USD 4 billion investment plan to double oil production

New Delhi : Vedanta chairman Anil Agarwal outlines USD 4 billion investment plan to double oil production. : Economic Times

Recyclekaro signs MOU with BARC for copper oxide nanoparticles production from e-waste

New Delhi : Recyclekaro signs MOU with BARC for copper oxide nanoparticles production from e-waste. : Economic Times

India Energy Week: PM Modi inaugurates ONGC’s sea survival centre in Goa

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New Delhi : India Energy Week: PM Modi inaugurates ONGC’s sea survival centre in Goa. : Economic Times

IEW 2024: Goa gears up for mega energy event with 35,000 attendees, featuring 350 exhibitors across 100 nations

New Delhi : IEW 2024: Goa gears up for mega energy event with 35,000 attendees, featuring 350 exhibitors across 100 nations. : Economic Times

BP rebounds into $15.2 billion net annual profit

New Delhi : BP rebounds into $15.2 billion net annual profit. : Economic Times

India Energy Week a unique platform for energy sector transformation: IGL

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New Delhi : India Energy Week a unique platform for energy sector transformation: IGL. : Economic Times

Vedanta to invest $4 billion in 3 years, double production

New Delhi : Vedanta will invest $4 billion over the next three years to double its oil and gas production capacity to 300,000 barrels of oil equivalent per day, chairman Anil Agarwal said. : Economic Times

Foreign players eye strategic petroleum storage reserves in Mangaluru

New Delhi : The Indian Strategic Petroleum Reserve (ISPRL) is preparing to lease out one of the 0.75 million tonnes-capacity storage caverns it operates in Mangaluru, and foreign players are interested, sources said on the sidelines of India Energy Week 2024. : Business Standard

India’s oil need stabilises global price and demand: Minister Hardeep Puri

New Delhi : India’s appetite for oil stabilises global demand and prices, Petroleum and Natural Gas Minister Hardeep Puri said on Tuesday. : Business Standard

PM inaugurates Integrated Sea Survival Training Centre, ONGC Institute

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New Delhi : The Prime Minister, Shri Narendra Modi inaugurated the integrated Sea Survival Training Centre, ONGC Institute in Goa today. Shri Modi also witnessed a briefing on underwater escape exercises and a demonstration of the training center. : psuconnect.in

Prime Minister Narendra Modi Invites the world to invest in India’s energy sector in his inaugural address at India Energy Week 2024

New Delhi : Prime Minister Narendra Modi inaugurated the second edition of India Energy Week 2024 in Goa today. PM Modi emphasised India’s commitment to unprecedented levels of investment in the energy sector while addressing the gathering of global energy leaders. : Sarkaritel.com

CSIR-NIIST transfers process to make key enzyme for biofuel for commercial use

THIRUVANANTHAPURAM : The Council of Scientific and Industrial Research (CSIR) has transferred, for commercial use, the process for production of beta glucosidase enzyme, used to manufacture biofuels, a statement said. : Sarkaritel.com

Petronet signs a new long-term agreement to source LNG from Qatar

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New Delhi : Petronet LNG, India’s flagship Liquified Natural Gas (LNG) terminal owning company, on Tuesday announced a new long-term deal to source 7.5 million metric tonnes per annum of LNG from Qatar. : Business Standard

State-run Petronet signs long term LNG agreement with QatarEnergy

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New Delhi : India and Qatar signed an agreement on February 6 to extend the contract for supply of 7.5 million metric tonnes per annum (mmtpa) of liquefied natural gas (LNG) for another 20 years beyond 2028. : Moneycontrol.com

ONGC and TotalEnergies Collaborate: Pioneering Methane Emission Reduction

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New Delhi : ONGC and TotalEnergies Collaborate: Pioneering Methane Emission Reduction. : newsip.in

ONGC joins hands with TotalEnergies to detect and measure Methane emissions

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New Delhi : Maharatna oil PSU Oil and Natural Gas Corporation (ONGC) has signed a cooperation agreement with TotalEnergies to carry out methane emissions detection and measurement campaigns using TotalEnergies’ pioneer AUSEA (Airborne Ultralight Spectrometer for Environmental Applications) technology. : psuwatch.com

ONGC signs cooperation agreement with TotalEnergies to detect and measure methane emissions

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New Delhi : On the sidelines of the India Energy Week 2024 in Goa, Oil and Natural Gas Corporation Limited (ONGC) signed a cooperation agreement with TotalEnergies to carry out methane emissions detection and measurement campaigns using TotalEnergies’ pioneer AUSEA (Airborne Ultralight Spectrometer for Environmental Applications) technology. : Zeebiz

India Energy Week: PM Modi says energy sector to capture lion’s share of planned Rs 11 lakh cr investment

New Delhi : India Energy Week: PM Modi says energy sector to capture lion’s share of planned Rs 11 lakh cr investment. : Economic Times

Decision to limit LNG export threatens national security, economy and clean energy goals: Lawmakers

New Delhi : Decision to limit LNG export threatens national security, economy and clean energy goals: Lawmakers. : Economic Times

India’s IOC sees growth in gasoline, diesel sales in FY25

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New Delhi : India’s IOC sees growth in gasoline, diesel sales in FY25. : Economic Times

India to lease out space in strategic oil storages: Exec

New Delhi : India to lease out space in strategic oil storages: Exec. : Economic Times

Petronet, QatarEnergy sign extended LNG deal for 7.5 MMTPA supply to India until 2048

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New Delhi : Petronet, QatarEnergy sign extended LNG deal for 7.5 MMTPA supply to India until 2048. : Economic Times

India Energy Week: PM Modi calls for global investment in India’s energy sector

New Delhi : India Energy Week: PM Modi calls for global investment in India’s energy sector. : Economic Times

Adani Total Gas, INOXCVA join hands for India’s LNG infrastructure boost

New Delhi : Adani Total Gas, INOXCVA join hands for India’s LNG infrastructure boost. : Economic Times

India Energy Week 2024: Day 1 to witness inauguration, high-level energy panels in Goa

New Delhi : India Energy Week 2024: Day 1 to witness inauguration, high-level energy panels in Goa. : Economic Times

India Energy Week poised to be a pivotal event in shaping the country’s energy future: IndianOil Chairman Vaidya

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New Delhi : India Energy Week poised to be a pivotal event in shaping the country’s energy future: IndianOil Chairman Vaidya. : Economic Times

Petronet set for LNG supply agreement with Qatar after 2028

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New Delhi : Petronet set for LNG supply agreement with Qatar after 2028. : Economic Times

Oil steady as Mideast strikes compete with rate cuts caution

New Delhi : Oil steady as Mideast strikes compete with rate cuts caution. : Economic Times

Govt plans to lease strategic oil reserve space to private companies

New Delhi : The government plans to lease out a fifth of its Strategic Petroleum Reserve capacity to oil companies after the budget scrapped a ?5,000-crore plan to purchase crude to fill it, an official said. : Economic Times

PM Modi courts global CEOs for investment in oil, gas sector

New Delhi : Prime Minister Narendra Modi on Tuesday courted top oil and gas executives, showcasing opportunities the world’s fastest growing economy offers and the reforms that his government has made particularly in exploration and production. : Economic Times

Large part of ?11 trillion capex for FY25 to flow into energy sector, says PM Modi

New Delhi : The Centre will allocate a substantial part of the budgeted capital expenditure for fiscal year 2024-25 (FY25) to the energy sector, as the country strives to meet rapidly growing demand and achieve climate goals, Prime Minister Narendra Modi said on Tuesday. : Mint

Oil continues upward movement with Gaza ceasefire talks in focus; Brent at $78/bbl

New Delhi : Oil prices maintained upward momentum on Tuesday, February 6, as investors awaited the result of top US diplomat Antony Blinken’s efforts in the Middle East to halt the Gaza war and quell tensions in a major oil-producing region. : Mint

India to invest $67 bn in 5-6 years for developing gas sector: PM Modi

New Delhi : India will invest $67 billion in the gas sector over the next 5-6 years as part of an “unprecedented amount” of funds being put in to develop energy infrastructure, said Prime Minister Narendra Modi on Tuesday. : Business Standard

Prime Minister inaugurates, brands India Energy Week (IEW) 2024 as ‘world’ event

Panaji : When Prime Minister Narendra Modi inaugurated the first edition of the India Energy Week (IEW) in 2023, he branded India as a favoured investment destination in the energy sector. : psuwatch.com

Petronet LNG signs $78 billion deal to extend LNG imports from Qatar

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New Delhi : India on Tuesday signed a $ 78 billion deal to extend LNG imports from Qatar by another 20 years till 2048 at rates lower than current prices. Petronet LNG Ltd in a statement said it has signed a pact with QatarEnergy to extend the deal to buy 7.5 million tonne a year of gas for producing electricity, making fertilizers and converting it into CNG. : psuwatch.com

India may sign long-term LNG import deal with Qatar for 20 years

New Delhi : Currently, Petronet imports 8.5 MT per year of LNG from Qatar under two contracts. The first 25-year deal is to expire in 2028 and will be extended for more than 20 years and the second deal for 1 MT per year commenced in 2015 will be negotiated separately. : psuconnect.in

ONGC, GAIL explore possibility of setting up strategic gas reserves

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New Delhi : Amid a global lookout for natural gas supplies, state-run energy majors ONGC and GAIL are exploring the possibility of setting up strategic gas reserves in the country, said two people in the know. : Mint

India Energy Week 2024: Check out the list of Power Players participating

New Delhi : The event is intended to be the biggest energy contemporary ritual to provide a 360-degree perspective on the global energy scenario and will feature speakers from regulatory bodies, renewable and alternate fuel associations and companies, policy researchers, and consultants. : psuconnect.in

IEW 2024: PM reviews India’s 1st indigenous alkaline electrolyser by BPCL

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New Delhi : Bharat Petroleum Corporation Limited (BPCL) marked a significant milestone Tuesday at the India Energy Week 2024 in Goa. Prime Minister Narendra Modi reviewed the operation of the first indigenous alkaline electrolyser, a groundbreaking achievement for India. : psuwatch.com

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