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MEDIA UPDATE (JANAUARY 01, 2024)

01-Jan-2025

Power

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” New Delhi : Power Grid Corporation of India Limited (POWERGRID), a ‘Maharatna’ Public Sector Enterprise under Ministry of Power, Government of India, has signed a landmark green loan agreement with Sumitomo Mitsui Banking Corporation (SMBC)on 31stDecember 2024 at GIFT City, Gandhinagar, Gujarat, underscoring its pivotal role in India’s renewable energy transformation.” : Sarkaritel.com
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” Mumbai : The state-run power distribution company Mahavitaran or ‘Maharashtra State Electricity Distribution Company Limited’ (MSEDCL) has offered a one-time immediate discount of Rs 120 on electricity bills to consumers opting for the Go Green Facility as a New Year gift.” : Sarkaritel.com

RECPDCL transfers ?5,378 crore SPV to Power Grid for renewable energy evacuation

524db06275b53New Delhi : RECPDCL transfers ?5,378 crore SPV to Power Grid for renewable energy evacuation. : Economic Times

Power Grid signs green loan agreement with SMBC for renewable energy infrastructure

526d609c46eb2New Delhi : Power Grid Corporation of India Limited (Power Grid), a Maharatna PSU under the Minstry of Power, has taken a significant step toward bolstering India’s renewable energy infrastructure by signing a green loan agreement with Sumitomo Mitsui Banking Corporation (SMBC). : psuwatch.com

SM Ramanathan set to be next Director (Engineering, Research & Development) of BHEL

526d4d77ceb9fNew Delhi : SM Ramanathan is set to be next Director (Engineering, Research & Development) of Bharat Heavy Electricals Limited (BHEL), a Maharatna PSU under the Ministry of Heavy Industries. : psuwatch.com

NTPC SRHQ signs MOA with NIEPID under CSR initiative

526d57314ba45New Delhi : NTPC SRHQ in line with the CSR policy of NTPC is taking various initiatives under health to promote and support affordable and accessible healthcare to various sections of the society. : psuconnect.in

RECPDCL Handovers SPV Transmission to PowerGrid

524db06275b53Gurgoan, Haryana : REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of the Ministry of Power. : psuconnect.in

Delhi’s December peak power demand hits record 5213 MW

New Delhi : Delhi’s winter power demand on Tuesday morning surged to the highest levels, crossing the 5000 MW mark for the first time in December, according to the State Load Dispatch Centre (SLDC). : Economic Times

RDB Infrastructure and Power receives LOI from Damodar Valley for solar PV plant projects

5270f43db9e7fNew Delhi : RDB Infrastructure and Power emerges as a successful bidder in a tender issued by Damodar Valley Corporation (DVC) for the installation of grid-connected rooftop solar PV plants in West Bengal and Jharkhand. The company participated in this tender and announced that its bid was successful. : psuconnect.in

India at high table of clean energy superpowers with over 200 GW capacity; investments to double in 2025

New Delhi : As barren arid land gets covered with solar panels and giant windmills dot the coastline, India made it to the high table of clean energy superpowers with installed capacity crossing 200 gigawatts and projections of investment doubling to over USD 32 billion in 2025. : Mint

AGEL CEO Amit Singh to step down, take charge of Adani International Energy Business

New Delhi : AGEL CEO Amit Singh to step down, take charge of Adani International Energy Business. : Economic Times

Waaree secures 2 GW solar EPC contract in Rajasthan

New Delhi : Waaree secures 2 GW solar EPC contract in Rajasthan. : Economic Times

CCI allows IFC, ADB, DEC to acquire stake in Fourth Partner Energy

New Delhi : Fair trade regulator CCI on Tuesday cleared the World Bank’s IFC, Asian Development Bank (ADB) and German government’s DEG proposal to acquire a stake in Fourth Partner Energy. : Business Standard

Waaree Renewable bags 2 GW solar project in Bikaner

New Delhi : Waaree Renewable Technologies Ltd (WRTL) on Tuesday said it has secured its largest-ever order of 2 GW solar project from Sunbreeze Renewables Nine Pvt Ltd, a Special Purpose Vehicle (SPV) of Jindal Renewables. : psuwatch.com

SJVN signs MoU with Govt of Bihar for 1000 MW Hathidah Durgawati Pumped Storage Project

New Delhi : SJVN Limited has inked a Memorandum of Understanding (MoU) with the Government of Bihar to develop the 1000 MW Hathidah Durgawati Pumped Storage Project (PSP) and other PSPs in the state. : psuwatch.com

Accelerating India’s Energy Transition Through Customised State-Level Action Plans

New Delhi : Accelerating India’s Energy Transition Through Customised State-Level Action Plans. : Economic Times

Top 10 most read energy stories of 2024

New Delhi : Top 10 most read energy stories of 2024. : Economic Times

India at high table of clean energy superpowers with over 200 GW capacity; investments to double in 2025

New Delhi : India at high table of clean energy superpowers with over 200 GW capacity; investments to double in 2025. : Economic Times

NPCIL invites proposals to set up small nuclear reactors

New Delhi : India’s nuclear power operator NPCIL on Tuesday invited proposals from the industry to set up 220 MW Bharat Small Reactors for captive use, replacing the existing coal-fired thermal power plants used by the steel, aluminium, copper and cement industries. : Economic Times

Upcoming IPO: Rooftop solar company Fujiyama Power Systems files DRHP with SEBI for IPO

New Delhi : Upcoming IPO: Fujiyama Power Systems, a Noida-based rooftop solar company, has filed its draft red herring prospectus (DRHP) with the capital market regulator Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). : Mint

India has clean energy capacity over 200 GW; investments to double in 2025

New Delhi : As barren arid land gets covered with solar panels and giant windmills dot the coastline, India made it to the high table of clean energy superpowers with installed capacity crossing 200 gigawatts and projections of investment doubling to over $32 billion in 2025. : Business Standard

Delhi’s power demand in December touches new heights at 5,213 MW

New Delhi : The plummeting temperature in Delhi has raised power demand to newer heights with December clocking a peak of 5,213 MW, the highest ever for the month, discom officials said. : Business Standard

NTPC Vindhyachal secures first position in Mega Pavilion Category at Bhopal Vigyan Mela

526d57314ba45New Delhi : NTPC Vindhyachal secured the First Position in the ‘Mega Pavilion’ category at the Bhopal Vigyan Mela 2024, organized by Vigyan Bharati in collaboration with the Madhya Pradesh Council of Science and Technology (MPCST), from 27th to 30th December 2024. : psuconnect.in

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Oil and Gas

HPCL Independent Director steps down as term ends

52c021b320336New Delhi : Hindustan Petroleum Corporation Limited (HPCL), a state-owned oil company, announced that Dr. Nagaraja Bhalki has ceased to be an Independent Director of the company effective December 30, 2024. : Business Line

Oil and gas industry set for long-term benefits with digitalisation: Report

New Delhi : Digitalisation initiatives could provide long-term benefits to the oil and gas industry globally, a report showed on Tuesday. : Sarkaritel.com

Indian refiner boosts Mideast oil imports as Russian flows slow

New Delhi : One of India’s largest refiners has been forced to seek alternative and more expensive crude cargoes from the Middle East to make up for lower supplies from Russia, putting a spotlight on shifting export patterns as traders focus on the global market’s prospects in 2025. : Economic Times

Top 10 most read energy stories of 2024

New Delhi : Top 10 most read energy stories of 2024. : Economic Times

Oil rises on expanding Chinese factory activity, but set to end year lower

New Delhi : Oil rises on expanding Chinese factory activity, but set to end year lower. : Economic Times

Oil prices edge up but set for second straight annual loss

New Delhi : Oil prices rose slightly on Tuesday but were headed for their second straight annual loss as the post-pandemic demand recovery stalled and China’s economy struggled while the U.S. and other non-OPEC producers pumped more crude into a well-supplied global market. : Mint

Europe’s Russian gas era comes to an end as Ukraine transit stops

New Delhi : Russian gas supplies to Europe via Ukraine are set to end on New Year’s Day, bringing down the curtain on Moscow’s long period of dominance of supply in the European gas market. : Business Standard

UP gets its first bio-CNG plant at Prayagraj; CNG bottles to be available at petrol pumps

Lucknow : Uttar Pradesh’s first bio-CNG plant will be inaugurated at Naini in Prayagraj on Tuesday by Chief Minister Yogi Adityanath. : theweek.in

rending Topics India’s fuel consumption surges in 2024, driven by higher petrol demand

New Delhi : India’s fuel demand saw an uptick in 2024 as the country’s energy consumption continues to grow amid the aim of becoming a ‘Viksit Bharat’ by 2047. : Moneycontrol.com

Puducherry hikes petrol, diesel prices

Puducherry : The Puducherry govt has hiked the prices of petrol and diesel by Rs 2 per litre to rationalise the price difference between the Union territory of Puducherry and adjoining states. : Times of India

India’s crude imports could face problems in 2025 due to geopolitical risks

New Delhi : India’s growing imports of crude oil, a looming threat to the country’s energy security, may face a turbulent 2025 amid geopolitical winds emerging from the new Donald Trump administration, Russian President Vladimir Putin’s manoeuvres in Ukraine, tightening sanctions on Iran’s oil, and escalating Houthi rebel attacks, industry executives said. : Business Standard

Petrol Diesel Price Today: Check rates across country on December 31

New Delhi : The prices of petrol and diesel have decreased slightly in Bhubaneswar in the last 24 hours. On Tuesday, December 31, 2024. Petrol has been priced at Rs 100.94 per litre while diesel costs Rs 92.52 per litre. : kalingatv.com

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