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MEDIA UPDATE (FEBRUARY 22, 2024)

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22-Feb-2024

Power

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” New Delhi : NTPC’s ESG Score has ascended by two levels, transitioning from a ‘D’ rating in 2022 to a commendable ‘C’ rating in 2023, in the Carbon Disclosure Project (CDP) Water Security Rating. This achievement serves as a testament to NTPC’s unwavering commitment to environmental stewardship and sustainable practices, with a specific emphasis on water management.” : Sarkaritel.com

PFC signs MoU with Goa govt to set up blended finance facility for climate action

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New Delhi : PFC signs MoU with Goa govt to set up blended finance facility for climate action. : Economic Times

Coal sector PSUs poised to cross Rs 21,030cr Capex target for 2023-24

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New Delhi : The capital expenditure (CAPEX) by public sector coal companies has touched 20,153 crore as on January this year, marking 95.83 per cent progress towards the target of is 21,030 crore fixed for the current financial year ending on March 31, 2024, the Coal Ministry said on Wednesday. : Sarkaritel.com

NLC India ties up with NPTI for training prog in TN district

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New Delhi : NLC India ties up with NPTI for training prog in TN district. : Economic Times

NTPC signs land lease pact for setting up Green Hydrogen Hub near Vizag

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New Delhi : Power sector giant NTPC has signed a land lease agreement for the development of a world-class “Integrated Green Hydrogen Hub” on a 1,200-acre plot at Pudimadaka village near Visakhapatnam in Andhra Pradesh, the Ministry of Power announced on Wednesday. : Sarkaritel.com

NTPC’s renewable energy arm signs land lease agreement with Andhra Pradesh for green hydrogen hub

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New Delhi : NTPC’s renewable energy arm signs land lease agreement with Andhra Pradesh for green hydrogen hub. : Economic Times

India seeks $26 billion of private nuclear power investments, sources say

New Delhi : India seeks $26 billion of private nuclear power investments, sources say. : Economic Times

IREDA plans subsidiary for retail renewable energy projects, awaits govt nod: CMD Pradip Kumar Das

New Delhi : IREDA plans subsidiary for retail renewable energy projects, awaits govt nod: CMD Pradip Kumar Das. : Economic Times

Norway’s Statkraft to divest renewables projects in four markets

Oslo : Norway’s Statkraft to divest renewables projects in four markets. : Economic Times

India’s Torrent, Lanco are lowest bidders in gas-fired power auction

New Delhi : India’s Torrent, Lanco are lowest bidders in gas-fired power auction. : Economic Times

RP Sanjiv Goenka Group to explore NE states for renewable energy project

New Delhi : RP Sanjiv Goenka Group to explore NE states for renewable energy project. : Economic Times

SgurrEnergy hits 60 GW milestone in India, surpasses 100 GW globally in renewable energy projects

New Delhi : SgurrEnergy hits 60 GW milestone in India, surpasses 100 GW globally in renewable energy projects. : Economic Times

In a first, Centre taps private sector to invest Rs 2.16 lakh crore in nuclear energy

New Delhi : The Centre will invite private companies to invest about $26 billion (?2.16 lakh crore) in nuclear energy to increase the amount of electricity from sources that don’t produce carbon dioxide emissions, said two government officials who are directly involved in the matter. : Economic Times

Don’t allow manual entry of bids, power regulator tells exchanges

New Delhi : The Central Electricity Regulatory Commission has directed power exchanges to not allow any manual entry of bids on behalf of their members within or after trading hours. : Economic Times

CERC directs audit of power exchanges, citing violations

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New Delhi : The Central Electricity Regulatory Commission (CERC) has ordered an audit of the processes and software deployed by the country’s three power exchanges in the next six months and barred the bourses from manually registering bids after trading hours, after detecting “increasing instances” of violation of rules. : Mint

NTPC Gets Recognition For Effective Water Management

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New Delhi : NTPC’s Environmental, Social and Governance (ESG) Score has ascended by two levels, transitioning from a ‘D’ rating in 2022 to a ‘C’ rating in 2023, in the Carbon Disclosure Project (CDP) Water Security Rating. : indianpsu.com

NTPC gets recognition for its effective water management

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New Delhi : NTPC’s Environmental, Social, and Governance (ESG) Score has ascended by two levels, transitioning from a ‘D’ rating in 2022 to a ‘C’ rating in 2023, in the Carbon Disclosure Project (CDP) Water Security Rating. : psuwatch.com

NTPC Soars in ESG Score, Climbs by two levels in CDP Water Security Rating

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Mumbai : NTPC’s ESG Score has ascended by two levels, transitioning from a ‘D’ rating in 2022 to a commendable ‘C’ rating in 2023, in the Carbon Disclosure Project (CDP) Water Security Rating. : psuconnect.in

ACWA Power and L&T Select Nextracker’s All-Terrain Solar Trackers for Al Kahfah Solar Park

Mumbai : Nextracker (Nasdaq: NXT), a leading global provider of intelligent solar tracker and software solutions, announced it was selected by ACWA Power and Larsen & Toubro Limited (L&T) to provide its all-terrain tracker NX Horizon-XTR™ for a 1.17 GW. : psuconnect.in

New Rooftop Subsidy Only For Applications Post Feb 13-MNRE

New Delhi : New Rooftop Subsidy Only For Applications Post Feb 13-MNRE. : saurenergy.com

SJVN Concludes 1500 MW Wind-Solar Hybrid Auction With Competitive L1 Tariff of Rs 3.43/kWh

New Delhi : SJVN Concludes 1500 MW Wind-Solar Hybrid Auction With Competitive L1 Tariff of Rs 3.43/kWh. : saurenergy.com

Karnataka Set To Install 40,000 Solar Pumps Under PM-KUSUM

New Delhi : Karnataka Set To Install 40,000 Solar Pumps Under PM-KUSUM. : saurenergy.com

Roofsol Energy Commissions 27.2 MWp Utility-Scale Project In Tamil Nadu

New Delhi : Roofsol Energy Commissions 27.2 MWp Utility-Scale Project In Tamil Nadu. : saurenergy.com

Waaree Energies Gets BIS Certification For TopCon Modules

New Delhi : Waaree Energies Gets BIS Certification For TopCon Modules. : saurenergy.com

India targets 70 GW energy storage by 2030, needs ?14 lakh crore financing

New Delhi : India targets 70 GW energy storage by 2030, needs ?14 lakh crore financing. : Economic Times

Wind and solar exports surge: India’s green manufacturing makes global mark

New Delhi : Wind and solar exports surge: India’s green manufacturing makes global mark. : Economic Times

Nextracker to supply solar trackers for 1.17 GW Al Kahfah Plant, boosting Saudi’s renewable drive

New Delhi : Nextracker to supply solar trackers for 1.17 GW Al Kahfah Plant, boosting Saudi’s renewable drive. : Economic Times

Malta becomes 119th member of International Solar Alliance

New Delhi : Malta becomes 119th member of International Solar Alliance. : Economic Times

BluSmart signs power purchase agreement with Tata Power Trading Co to source green energy

New Delhi : BluSmart signs power purchase agreement with Tata Power Trading Co to source green energy. : Economic Times

The Renewables Business Faces a Make-of-Break Moment

New Delhi : The Renewables Business Faces a Make-of-Break Moment. : Mint

BluSmart, Tata Power subsidiary sign agreement to source green power

New Delhi : Indian electric vehicle (EV) ride-hailing and charging infrastructure network BluSmart on Wednesday announced that it has signed a multi-year Power Purchase Agreement (PPA) with Tata Power Trading Company Limited (TPTCL), a subsidiary of Tata Power, to source green power. : Business Standard

Coal PSUs Achieve 95.83% Of Annual CAPEX Target As On January, 2024

New Delhi : Coal PSUs under the administrative control of The Ministry of Coal has been at the forefront of doing CAPEX to assist and contribute in transforming Indian economy. Over the past few years, Coal CPSEs has been over achieving the CAPEX Target. : indianpsu.com

NTPC to set up India’s largest green hydrogen production facility in Andhra Pradesh

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New Delhi : Power sector PSU and India’s largest integrated power company NTPC Limited has signed a Land Lease Agreement in order to realize its green energy and green hydrogen objectives, thus also contributing to the Government of India’s efforts towards energy transition. : psuwatch.com

NTPC Swayamsiddha Ladies Club provides essential food items to needy children

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New Delhi : NTPC Swayamsiddha Ladies Club, Coal Mining Headquarters.Ranchi as part of CSR initiative on the importance of nutritious food, distributed essential food items at “Adim Jati Sewa Mandal”, Ranchi, a home for underprivileged tribal and specially challenged children. : psuconnect.in

IREDA To Establish Subsidiary For Retail Finance

New Delhi : IREDA To Establish Subsidiary For Retail Finance. : saurenergy.com

U-Solar and GMR Ink Deal to Develop Solar Projects Across India

New Delhi : U-Solar and GMR Ink Deal to Develop Solar Projects Across India. : saurenergy.com

ReNew Announces Q3 Results With Net Loss Of Rs 3,216 Million

New Delhi : ReNew Announces Q3 Results With Net Loss Of Rs 3,216 Million. : saurenergy.com

GERC Revises Tariff To Rs 2.57 For 700 MW Project Between SECI, GUVNL

New Delhi : GERC Revises Tariff To Rs 2.57 For 700 MW Project Between SECI, GUVNL. : saurenergy.com

IEA Announce To Setup It First Southeast Asia Office In Singapore

New Delhi : IEA Announce To Setup It First Southeast Asia Office In Singapore. : saurenergy.com

48 Unemployed Gain Valuable Skills in NLCIL-NPTI CSR Initiative

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New Delhi : NLC India Limited (NLCIL) under CSR sponsored Skill Development training program in Post Diploma & Post Graduate Diploma Courses to 48 Project Affected Persons (PAPs) & Unemployed Youth. : psuconnect.in

Coal India may exceed capex target of Rs 16,500 crore for FY’24: Govt

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New Delhi : The Government of Wednesday said the state-owned Coal India Ltd (CIL) is likely to exceed its capex target of Rs 16,500 crore for the current financial year. : psuwatch.com


Oil and Gas

NTPC signs land lease pact for setting up Green Hydrogen Hub near Vizag

New Delhi : Power sector giant NTPC has signed a land lease agreement for the development of a world-class “Integrated Green Hydrogen Hub” on a 1,200-acre plot at Pudimadaka village near Visakhapatnam in Andhra Pradesh, the Ministry of Power announced on Wednesday. : Sarkaritel.com

NRL eyes IPO in 2025 for green energy investments: MD Bhaskar Jyoti Phukan

New Delhi : NRL eyes IPO in 2025 for green energy investments: MD Bhaskar Jyoti Phukan. : Economic Times

Iran says Israel behind gas pipeline sabotage

New Delhi : Iran says Israel behind gas pipeline sabotage. : Economic Times

US producers remain optimistic about LNG growth despite regulatory uncertainty: S&P GCI

New Delhi : US producers remain optimistic about LNG growth despite regulatory uncertainty: S&P GCI. : Economic Times

India’s crude oil output up 0.7% to 2.5 MMT in January, imports rise 5.7% YoY: PPAC

New Delhi : India produced a total of 2.5 million metric tonnes (MMT) of crude oil in January 2024 – registering a growth of 0.7 per cent compared to the year-ago period, according to Petroleum Planning & Analysis Cell (PPAC). : Mint

Refining reality: World expects India to go past China in global oil demand

New Delhi : India’s ambitions for its refining sector haven’t quite translated into action on the ground. This has implications for energy security, fuel imports and domestic demand. : Business Standard

NGEL Signs Land Lease Agreement with APIIC for Integrated Green Hydrogen Hub

New Delhi : NTPC Ltd., India’s largest integrated power company has signed a Land Lease Agreement to realize the green energy and green hydrogen objectives of NTPC and the GoI’s efforts towards energy transition. : psuconnect.in

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On February 21

New Delhi : Petrol, Diesel Prices Today On February 21, 2024: Crude oil prices have once again fallen in the global market and are costing below $83. Meanwhile, there is a change in the prices of petrol and diesel released by government oil companies on Wednesday morning. : news18.com

Russia retains top spot in India’s oil supply chain amid global geopolitical tensions

New Delhi : Russia retains top spot in India’s oil supply chain amid global geopolitical tensions. : Economic Times

India’s Torrent, Lanco are lowest bidders in gas-fired power auction

New Delhi : India’s Torrent, Lanco are lowest bidders in gas-fired power auction. : Economic Times

Guyana’s $1.9 billion gas-to-power project delayed to 2025

New Delhi : Guyana’s $1.9 billion gas-to-power project delayed to 2025. : Economic Times

Honeywell, TGS ink MoU for Vietnam’s first green hydrogen plant in Mekong Delta

New Delhi : Honeywell, TGS ink MoU for Vietnam’s first green hydrogen plant in Mekong Delta. : Economic Times

India stands firm on buying Russian oil amidst sanctions; EAM Jaishankar says Moscow has never hurt New Delhi

New Delhi : External Affairs Minister S Jaishankar reaffirmed India’s stance on buying Russian oil despite sanctions on Moscow amid military conflict with Ukraine. He said that India and Russia have always shared “stable and friendly ties” and Moscow has never hurt the interests of New Delhi. : Economic Times

Shell’s vision aligns with that of PM Modi for India’s energy sector, says chief executive officer Wael Sawan

New Delhi : Rising political and social polarisation across the world is a real concern as it brings policy instability and raises risks for investments in the energy sector, Shell chief executive officer Wael Sawan told ET’s Sanjeev Choudhary in an interview. : Economic Times

OPEC+ to support Brent at $80/bbl; ONGC/Oil India placed well on dividend pay, valuations

New Delhi : The Organisation of Petroleum Exporting Countries and its allies (OPEC+) will support Brent crude at $80 per barrel and among Indian oil explorers, state-owned Oil India and Oil and Natural Gas Corporation (ONGC) are the most favorably placed to reap results. : Mint

Petrol, diesel prices remain unchanged for 641st day in Chennai

New Delhi : Petrol, diesel prices remain unchanged for 641st day in Chennai. : dtnext.in

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