Uncategorized

MEDIA UPDATE (JANUARY 13, 2024)

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13-Jan-2024

Power

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” Gurgoan, Haryana : REC Limited, a Maharatna CPSE under the Ministry of Power, announced that it has successfully issued its inaugural JPY 61.1 billion 5-year, 5.25-year and 10-year Green bonds issued under its US$ 10 billion Global Medium Term Notes Programme. Proceeds from the issue of the Bonds will be applied to finance the Eligible Green Projects in accordance with the Company’s Green Finance Framework, RBI’s ECB Guidelines and the approvals granted by it from time to time.” : Sarkaritel.com

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” New Delhi : NTPC Green Energy Ltd (NGEL) has executed MoUs with Gujarat State Petroleum Corporation Ltd. (GSPC) and Gujarat Pipavav Port Ltd. (GPPL) during the three-day Vibrant Gujarat Global Summit held at Gandhinagar. The summit was inaugurated by Hon’ble Prime Minister on 10th Jan’24.” : Sarkaritel.com

REC to raise about Rs 3,500 crore via yen-denominated green bonds

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New Delhi : Maharatna power PSU REC Limited on Friday announced it will raise 61.1 billion yens (about Rs 3,500 crore) through issuance of green bonds. : psuwatch.com

NTPC Swayamsiddha Ladies Club extends support to Adarsh Old Age Home

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New Delhi : Swayamsiddha Ladies Club, NTPC Coal Mining Headquarters under its CSR initiative distributed clothes to inmates of Adarsh Viskashan Old Age Home, Ranchi today during the ongoing chilly winter season. : psuconnect.in

REC to raise about Rs 3,500 crore via yen-denominated green bonds

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New Delhi : State-owned REC Ltd on Friday announced it will raise 61.1 billion yens (about Rs 3,500 crore) through issuance of green bonds. : Business Standard

Grew Energy to set up solar component unit in Gujarat’s Dholera for Rs 3,800 cr

New Delhi : Grew Energy to set up solar component unit in Gujarat’s Dholera for Rs 3,800 cr. : Economic Times

Committed to achieve 50 pc of renewable power sources ahead of 2030, says official

New Delhi : Committed to achieve 50 pc of renewable power sources ahead of 2030, says official. : Economic Times

JSW Energy proposes to top Adani Power’s bid for coal-power plant

New Delhi : JSW Energy proposes to top Adani Power’s bid for coal-power plant. : Economic Times

ENGIE and Gujarat govt ink MoU for 2.5 GW renewable energy projects by 2030

New Delhi : ENGIE and Gujarat govt ink MoU for 2.5 GW renewable energy projects by 2030. : Economic Times

Mega development drive: PM Modi to inaugurate projects worth over ?30,500 crore in Maharashtra

New Delhi : Mega development drive: PM Modi to inaugurate projects worth over ?30,500 crore in Maharashtra. : Economic Times

Electricity board employees protest in Shimla, demand OPS restoration

New Delhi : Electricity board employees protest in Shimla, demand OPS restoration. : Economic Times

Jamshedpur To Be Illuminated By Solar Streetlights & High Masts

New Delhi : Jamshedpur To Be Illuminated By Solar Streetlights & High Masts. : saurenergy.com

Govt Extends Benefits To Open Access Consumers, Notifies New Rule

New Delhi : Govt Extends Benefits To Open Access Consumers, Notifies New Rule. : saurenergy.com

Railways’ Tender to Procure 695 MW RTC Renewable Power

New Delhi : Railways’ Tender to Procure 695 MW RTC Renewable Power. : mercomindia.com

National Solar Federation CEO calls for GST council-like body to boost India’s renewable energy goals

New Delhi : National Solar Federation CEO calls for GST council-like body to boost India’s renewable energy goals. : Economic Times

Tata Power Renewable Energy Limited plans to invest Rs 70,000 crore in Gujarat

New Delhi : Tata Power Renewable Energy Limited plans to invest Rs 70,000 crore in Gujarat. : Economic Times

Petrobras rules out investing in solar, wind projects outside Brazil

New Delhi : Petrobras rules out investing in solar, wind projects outside Brazil. : Economic Times

India, UAE ink pact for possible energy grid connectivity between two countries

New Delhi : India, UAE ink pact for possible energy grid connectivity between two countries. : Economic Times

Rajasthan Electricity Corporation CMD visits Chhattisgarh; asserts on Coal supply shortage

New Delhi : Rajasthan Electricity Corporation CMD visits Chhattisgarh; asserts on Coal supply shortage. : Economic Times

Finance Ministry approves restructuring of Coal Controller Organisation

New Delhi : Finance Ministry approves restructuring of Coal Controller Organisation. : Economic Times

Delhi winter power demand touches record high of 5.7 Gw, shows data

New Delhi : As the national capital shivers with temperatures plummeting, the power demand touched a record high of 5.7 gigawatts (GW) on Friday. Delhi recorded its lowest temperature of 8 degrees Celsius on January 12 and highest 17 degrees Celsius. : Business Standard

GRSE launches West Bengal’s first next-gen electric ferry

Kolkata : India’s leading shipbuilder Garden Reach Shipbuilders and Engineers (GRSE) Ltd has launched a next-generation (NG) electric ferry named ‘Dheu’ (which means ‘wave’). : psuwatch.com

NGEL Inks MoUs with GSPC and GPPL

New Delhi : NTPC Green Energy Ltd (NGEL) has executed MoUs with Gujarat State Petroleum Corporation Ltd. (GSPC) and Gujarat Pipavav Port Ltd. (GPPL) during the three-day Vibrant Gujarat Global Summit held at Gandhinagar. The summit was inaugurated by the Hon’ble Prime Minister on 10th Jan’24. : psuconnect.in

First Solar Inaugurates 3.3 GW Solar Manufacturing Facility In Tamil Nadu

New Delhi : First Solar Inaugurates 3.3 GW Solar Manufacturing Facility In Tamil Nadu. : saurenergy.com

CERC Awards Compensation To Indigrid Solar Over Change In GST Rates

New Delhi : CERC Awards Compensation To Indigrid Solar Over Change In GST Rates. : saurenergy.com

No Decision On Rajasthan Discom’s Plea To Levy Green Energy Tariff

New Delhi : No Decision On Rajasthan Discom’s Plea To Levy Green Energy Tariff. : saurenergy.com

Military Engineer Services Invites Bids for 1 MW Solar Project

New Delhi : Military Engineer Services Invites Bids for 1 MW Solar Project. : mercomindia.com

Committed to achieve 50% of renewable power sources ahead of 2030, says official

New Delhi : India is looking to achieve the target of 50 per cent of its total power capacity coming from renewable energy ahead of its stated timeline of 2030, a senior government official said on Friday. : Moneycontrol.com

JSW Energy proposes to top Adani’s bid for coal-power plant: Report

New Delhi : JSW Energy has proposed to top a bid by Adani Power, led by billionaire Gautam Adani, for a thermal power plant, two sources with direct knowledge of the matter said, as India looks to drum up investment in coal-fired power. : Mint


Oil and Gas

Reliance, ACME, seven others selected for govt sops to set up green hydrogen production facilities

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New Delhi : Reliance, ACME, seven others selected for govt sops to set up green hydrogen production facilities. : Economic Times

Mukesh Ambani re-joins $100 billion club as RIL stock surges

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New Delhi : Mukesh Ambani re-joins $100 billion club as RIL stock surges. : Economic Times

Oil prices rise following oil tanker hijacking in Gulf of Oman

New Delhi : Tensions in the Middle Eastern shipping lanes continued to run high on Thursday amid reports of a hijacked oil tanker in the Gulf of Oman, which was boarded by masked individuals and forced to alter course toward Iran, the Oil Price reported. : Sarkaritel.com

India aims to slash green hydrogen cost to $1 per kg by 2030: Amitabh Kant

New Delhi : India aims to slash green hydrogen cost to $1 per kg by 2030: Amitabh Kant. : Economic Times

Mega development drive: PM Modi to inaugurate projects worth over ?30,500 crore in Maharashtra

New Delhi : Mega development drive: PM Modi to inaugurate projects worth over ?30,500 crore in Maharashtra. : Economic Times

Bulgaria replacing Russian crude with oil from Kazakhstan, Iraq, Tunisia

New Delhi : Bulgaria replacing Russian crude with oil from Kazakhstan, Iraq, Tunisia. : Economic Times

Asia demand for Saudi oil holds steady despite price cuts

New Delhi : Asia demand for Saudi oil holds steady despite price cuts. : Economic Times

Delhi-based start-up Indo Petroleum Marketing begins pan-India ops from Assam

New Delhi : Indo Petroleum Marketing or IPM a Delhi-based start-up company has commenced its pan-India operations from Assam. : Economic Times

Energy security: India considering options for strategic petroleum reserves

New Delhi : With some plans in consolidating the country’s energy security either delayed or abandoned, India is considering other options to expand its strategic petroleum reserves (SPRs), parliamentary documents show. : Business Standard

Shell and Harbour energy enter arbitration over pricing for UK crudes amidst EU urals ban

New Delhi : Shell and independent UK company Harbour Energy are engaged in arbitration to settle disputes over the pricing of the UK’s Clair and Schiehallion crude oil grades. : theprint.in

Reliance to hire graduate engineers across business verticals

New Delhi : Reliance to hire graduate engineers across business verticals. : Economic Times

Russia boosts fuel exports to Central Asia, Afghanistan and Mongolia in 2023

New Delhi : Russia boosts fuel exports to Central Asia, Afghanistan and Mongolia in 2023. : Economic Times

Oil prices up 2.5 percent after US, Britain strike Houthi targets

New Delhi : Oil prices up 2.5 percent after US, Britain strike Houthi targets. : Economic Times

Driving India’s self-reliance in green energy: Crafting GigaFactory Roadmap post-COP28

New Delhi : Driving India’s self-reliance in green energy: Crafting GigaFactory Roadmap post-COP28. : Economic Times

Oil prices rise 2% after US, Britain strikes in Yemen

New Delhi : Oil prices rose more than 2% on Friday as the United States and Britain carried out strikes against Houthi military targets in Yemen in retaliation for attacks by the Iran-backed group on shipping in the Red Sea starting from late last year. : Economic Times

Mahanagar Gas forms LNG JV with Baidyanath

New Delhi : Mahanagar Gas, the city utility arm of Gail India, on Friday announced a joint venture with Baidyanath LNG, the first domestic firm to set up LNG retailing outlets, to form Mahanagar LNG. : Economic Times

Interim Budget likely to assume peak crude oil price at $85 per barrel

New Delhi : The Ministry of Finance is likely to assume crude oil price to remain within $85 per barrel while estimating subsidies for the Interim Budget 2024-25 (FY25), to be presented on February 1. : Business Standard

Iran seizes oil tanker off Oman in dispute with US

New Delhi : Iran seizes oil tanker off Oman in dispute with US. : Economic Times

MGL announces incorporation of joint venture ‘Mahanagar LNG Private Limited’

Mumbai : Mahanagar Gas Limited (“MGL”), one of the largest City Gas Distribution companies in India, announced the incorporation of ‘Mahanagar LNG Private Limited’, its joint venture with Baidyanath LNG Private Limited, the first company to set up LNG retailing outlets in India. : psuconnect.in

Petrol and diesel prices on January 12: Check current rates in Mumbai, Delhi, Kolkata, other cities here

New Delhi : Petrol and diesel prices on January 12: Petrol and diesel prices were kept unchanged on Friday, January 12, in major cities like New Delhi, Kolkata, Mumbai, and Chennai. There were minor changes in some states. : Business Today

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