Uncategorized

MEDIA UPDATE (JANAUARY 07, 2024)

07-Jan-2025

Power

REC Disburses Rs.1.46 Lakh Crore Loans in 9 Months FY24-25

524db06275b53New Delhi : REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has disbursed loans worth ?54,692 crore, up 17.98% year-on-year for the Quarter ended December 31, 2024. : smetimes.in

NTPC Renewable Energy bags 1,000-MW solar power project

526d57314ba45New Delhi : NTPC Renewable Energy bags 1,000-MW solar power project. : Economic Times

SC agrees to examine Adani Power’s appeal in Punjab State Electricity Regulatory Commission case

52c0210ab4108New Delhi : The Supreme Court on Monday agreed to examine Adani Power’s appeal challenging the Punjab State Electricity Regulatory Commission’s refusal to grant approval to a 2006 power purchase agreement (PPA) signed between erstwhile Udupi Power Corp and a Punjab state discom. : Economic Times

Trina Solar sets world record for solar technology

New Delhi : Trina Solar sets world record for solar technology. : Economic Times

IEX records 11,132 MU electricity trade in December 2024, up 29% YoY

New Delhi : IEX records 11,132 MU electricity trade in December 2024, up 29% YoY. : Economic Times

Sterlite Grid 32 refinances ?2,450 crore MUML project through NCDs

New Delhi : Sterlite Grid 32 refinances ?2,450 crore MUML project through NCDs. : Economic Times

India eyes private capital for $107 billion grid expansion

New Delhi : India is asking states to attract more private capital to accelerate the expansion of its power transmission network, part of a plan to revamp the country’s grid and accommodate more clean power. : Economic Times

Taking steps to clear hurdles for US-India civil nuclear ties: NSA Sullivan

New Delhi : The United States is finalising steps to clear hurdles for civil nuclear partnership with Indian firms, US National Security Advisor Jake Sullivan said on Monday. : Business Standard

IEX achieves highest monthly electricity traded volume of 11,132 MU in Dec

New Delhi : Indian Energy Exchange (IEX) on Monday said it has achieved its highest-ever monthly electricity traded volume of 11,132 Million Unit (MU) in December, marking a 29 per cent increase on a year-on-year basis. : Business Standard

NTPC Renewable Energy wins 1 GW in UPPCL’s solar PV auction

526d57314ba45New Delhi : NTPC Renewable Energy Ltd (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Ltd (NGEL), has secured 1 GW in Uttar Pradesh Power Corp. Ltd’s 2 GW solar PV project auction. : pv-magazine.com

IEX Achieves All Time High Monthly Electricity Traded Volume Of 11,132MU In December’24, An Increase Of 29% YoY

New Delhi : Indian Energy Exchange, India’s premier electricity exchange, achieved highest ever monthly electricity traded volume of 11,132 MU in December’24, marking a 29% increase on year-on-year basis. : indianpsu.com

Coal India, IREL ink MoU for critical mineral development

526d56d32cf13New Delhi : Coal India Limited (CIL) and IREL (India) Limited on Monday signed a non-binding Memorandum of Understanding (MoU) to cooperate and collaborate on the development of critical minerals. : psuwatch.com

Sahaj Solar bags Rs 47-cr solar water pumping project in Gujarat

New Delhi : Sahaj Solar has announced that it has received the Notice to Proceed (NTP) for the design, manufacturing, and supply of grid standalone solar photovoltaic water pumping systems in Gujarat, valued at Rs 46.64 crore. : Business Standard

Tripura likely to get trains running on electricity by February

Agartala : Trains running on electricity are likely to begin operations in Tripura by February this year, with the completion of a key electrification project in the northeastern state, officials said on Monday. : Indian Express

Telangana Govt to Unveil New Energy Policy on Jan 9: Dy CM

Hyderabad : Telangana Govt to Unveil New Energy Policy on Jan 9: Dy CM. : uniindia.com

India is paving the way in climate solutions for renewable energy for Global South: Rajiv J Shah, President, The Rockefeller Foundation

New Delhi : India is paving the way in climate solutions for renewable energy for Global South: Rajiv J Shah, President, The Rockefeller Foundation. : Economic Times

Telangana green energy policy aims at Rs 2 lakh cr investments, 1L jobs

Hyderabad : Telangana green energy policy aims at Rs 2 lakh cr investments, 1L jobs. : Economic Times

Waaree starts trial production at Gujarat solar cell manufacturing facility

New Delhi : Waaree starts trial production at Gujarat solar cell manufacturing facility. : Economic Times

Engie plans to expand India renewable energy portfolio to 7 GW by 2030

New Delhi : Engie plans to expand India renewable energy portfolio to 7 GW by 2030. : Economic Times

2 MW solar power plant installed in remote Kaza: Himachal CM

Shimla : 2 MW solar power plant installed in remote Kaza: Himachal CM. : Economic Times

A New Electricity Supercycle is Under Way

New Delhi : A New Electricity Supercycle is Under Way. : Mint

Trina Solar sets world record for its technology’s conversion efficieny

New Delhi : China’s Trina Solar has set a new world record for the conversion efficiency of a certain type of solar module, the company said in a statement on Monday. : Business Standard

CERC rejects SECI’s first battery storage project over two-year delay

New Delhi : The Central Electricity Regulatory Commission (CERC), the quasi-judicial apex sector regulator has rejected the tariff discovered in the first-ever grid-scale battery energy storage system (BESS) offered by Solar Energy Corporation of India (SECI). : Business Standard

CRI Pumps bags Rs 754 crore deal from MSEDCL, to supply 25,000 solar pumps

New Delhi : CRI Pumps, one of the world’s fastest-growing fluid management solution providers, was officially empanelled by the Maharashtra State Electricity Distribution Company (MSEDCL), to supply 25,000 solar pumping systems, valued at Rs 754 crore, as part of the Magel Tyala Saur Krushi Pump (MTSKP) scheme. : Business Standard

Oriano switches on 211.2 MW solar of ArcelorMittal’s 975 MW hybrid RE project

New Delhi : Oriano has announced the commissioning of a 211.2 MW AC (295 MW DC) solar PV project in the Kurnool district, Andhra Pradesh, for captive consumption by ArcelorMittal Nippon Group. : pv-magazine.com

Gensol Engineering wins EPC of 275 MW solar PV project at Khavda

New Delhi : Gensol Engineering Ltd has secured EPC, including three years of operations and maintenance, of a 275 MW solar PV project in Rann of Kutch, Gujarat. : pv-magazine.com

Sterlite Grid 32 Ltd secures Rs 2,450 crore NCDs for Mumbai Urja Marg Project

New Delhi : Sterlite Grid 32 Ltd (SGL32), a leading power transmission developer, has successfully raised Rs 2,450 crore through listed Non-Convertible Debentures (NCDs) to refinance its Mumbai Urja Transmission Limited (MUML) project. : psuwatch.com

NTPC Green, UPRVUNL Form JV For Renewable Park Projects

New Delhi : NTPC Green, UPRVUNL Form JV For Renewable Park Projects. : saurenergy.com

Thermal power plants get another extension for SO? compliance norms

New Delhi : The Union Ministry of Environment, Forest and Climate Change (MoEF&CC) has issued yet another extension for thermal power plants (TPP) to comply with sulphur dioxide (SO?) emission norms, marking the fourth such delay. : downtoearth.org.in

Tata Power Trading Company issues EoIs for 500 MW renewable energy procurement

New Delhi : Tata Power Trading Company (TPTCL), a subsidiary of Tata Power, has invited expressions of interest for the procurement of up to 500 MW of renewable energy, including solar, : renewablewatch.in

Telangana Draft Policy Aims for 51 GW Renewable Energy Capacity by FY 2035

Hyderabad : Telangana Draft Policy Aims for 51 GW Renewable Energy Capacity by FY 2035. : mercomindia.com

Omkareshwar Floating Solar Park showcases India’s clean energy goals: Pralhad Joshi

New Delhi : The 600 MW Omkareshwar Floating Solar Park, located in the Khandwa district of Madhya Pradesh, showcases the scale and ambition of India’s clean energy goals, Union New and Renewable Energy Minister Pralhad Joshi, said on Saturday. : thestatesman.com

—————————————————————————————-

Oil and Gas

India is ahead of other countries in green hydrogen sector: Union minister Pralhad Joshi

New Delhi : India is ahead of other countries in green hydrogen sector: Union minister Pralhad Joshi. : Economic Times

Kerala awarded Rs 34.8 crore funding for green hydrogen pilot project

New Delhi : Kerala awarded Rs 34.8 crore funding for green hydrogen pilot project. : Economic Times

Maharashtra Natural Gas likely to list on bourses next fiscal

Mumbai : Maharashtra Natural Gas likely to list on bourses next fiscal. : Economic Times

Nayara Energy to expand retail network by adding a fuel station per day

New Delhi : Nayara Energy to expand retail network by adding a fuel station per day. : Economic Times

ISPRL plans oil reserve in Madhya Pradesh; Bina proposed as potential site

Bhopal : State-owned Indian Strategic Petroleum Reserves (ISPRL) is weighing building a new strategic reserve in Madhya Pradesh to serve refineries in the northern part of the country during supply emergencies. : Economic Times

Joe Biden bans new offshore oil and gas drilling, Donald Trump vows to reverse it upon taking office

New Delhi : President Joe Biden is moving to ban new offshore oil and gas drilling in most U.S. coastal waters, a last-minute effort to block possible action by the incoming Trump administration to expand offshore drilling. : Mint

Adani partners with Thailand’s Indorama for petrochemical expansion

New Delhi : Billionaire Gautam Adani’s group has teamed up with Thailand’s Indorama Resources Ltd for a foray into the petrochemical business as the ports-to-energy conglomerate looks to expand in adjacencies. : Business Standard

Saudi oil giant ups crude prices for Asian buyers amid tightening supply

New Delhi : The world’s top oil exporter, Saudi Aramco on Monday announced a price increase for its crude exports to Asia for February 2025, signalling expectations of tighter supply in its largest market, according to a report by Reuters. : Business Standard

Petrol, Diesel price remains same for second consecutive day in Bhubaneswar

Bhubaneswar : Today’s petrol and diesel prices in India are Rs 103.50 and Rs 90.03 per litre, with no change from yesterday. Over the last 2 months, the petrol and diesel rates have fluctuated. : kalingatv.com

US plans more sanctions on tankers carrying Russian oil

New Delhi : US plans more sanctions on tankers carrying Russian oil. : Economic Times

ISPRL seeks private firms to build 2.5 mn tonnes petroleum reserve at Padur

New Delhi : India is seeking private companies to build and operate a 2.5 million metric ton store for petroleum reserves at Padur in southern Karnataka state, according to a tender posted on the website of Indian Strategic Petroleum Reserve Ltd (ISPRL). : Business Standard

Back to top