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MEDIA UPDATE (JANUARY 19, 2024)

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19-Jan-2024

Power

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” New Delhi : Power Finance Corporation Ltd. (PFC), a Maharatna CPSE and the country’s leading NBFC in the power sector, adds another chapter of success to its achievements with the attainment of two prestigious awards at the Standing Conference of Public Enterprises (SCOPE) ceremony held at VigyanBhawan, New Delhi.” : Sarkaritel.com

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” New Delhi : The Review, Planning and Monitoring (RPM) Meeting of Power Sector, with Power / Energy Secretaries and CMDs / MDs of all discoms of all states, is being held under the chairpersonship of Union Minister for Power and New & Renewable Energy R. K. Singh, in New Delhi, on January 18 & 19, 2024.” : Sarkaritel.com

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” New Delhi : NLC India Ltd, a leading NavratnaPublic Sector Enterprise under Ministry of Coal, has been conferred with the prestigious Standing Conference of Public Enterprises (SCOPE) Eminence Award 2019-20 in the category of “Digital Transformation.” The award ceremony took place in New Delhi on January 18, 2024, and was graced by the esteemed presence of the Hon’ble Vice-President of India, Jagdeep Dhankar.” : Sarkaritel.com

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” New Delhi : NHPC Limited, India’s premier hydropower company has been awarded SCOPE’s ‘Commendation Certificate’ in the category of Effective Implementation of RTI Act. Jagdeep Dhankhar, Vice President of India presented the ‘Commendation Certificate’.” : Sarkaritel.com

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” New Delhi : REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has been honored with the prestigious Scope Excellence Award in the category of Special Institutional Category (Digitalization). The award was presented by Honourable Vice President of India, Shri Jagdeep Dhankhar, at ceremony held at Vigyan Bhawan, Delhi.” : Sarkaritel.com

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” New Delhi : BHEL has won three prestigious ‘SCOPE Awards’ in the categories of R&D, Technology Development & Innovation, and Digitilsation. The Vice President of India, Jagdeep Dhankhar presented the awards to K. Sadashiv Murthy, CMD, BHEL, and Jai Prakash Srivastava, Director (E, R&D) & (Finance – Addl. Charge), BHEL. Tajinder Gupta, Director (Power), BHEL and Bani Varma, Director (IS&P), BHEL were also present on the occasion.” : Sarkaritel.com

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” New Delhi : REC Limited, a Maharatna Public Sector Unit and a leading NBFC under the Ministry of Power, has been awarded ‘Plaque’ under the ‘Financial Services Sector (Other than Banking and Insurance)’ category at the ICAI Awards for Excellence in Financial Reporting for the financial year 2022-23.” : Sarkaritel.com

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” New Delhi : A Memorandum of Understanding (MoU) has been signed under Corporate Social Responsibility between NHPC and Cheshire Home India, Delhi Unit, for providing medical care and nutritional support to the physically and mentally challenged people residing at Cheshire Home India, Okhla Road, Delhi Unit.” : Sarkaritel.com

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” New Delhi : Indian Renewable Energy Development Agency Ltd. (IREDA) has signed a Memorandum of Understanding (MoU) with Indian Overseas Bank (IOB), setting the stage for collaborative efforts in co-lending and loan syndication for a diverse spectrum of Renewable Energy projects across the nation.” : Sarkaritel.com

Cabinet gives go-ahead for two CIL power projects worth Rs 21,547 cr

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New Delhi : The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on Thursday approved two proposals of Coal India Limited (CIL) to set up two pithead thermal power plants, through its subsidiaries, entailing a total investment of Rs 21,547 crore. : Sarkaritel.com

PFC receives Dual Honours at SCOPE Awards: Excellence and Meritorious Recognition

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New Delhi : Power Finance Corporation Ltd. (PFC) adds another chapter of success to its achievements with the attainment of two prestigious awards at the Standing Conference of Public Enterprises (SCOPE) ceremony held at Vigyan Bhawan, New Delhi. : newsmantra.in

PFC Receives Dual Honours At SCOPE Awards: Excellence And Meritorious Recognition

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New Delhi : Power Finance Corporation Ltd. (PFC), a Maharatna CPSE and the country’s leading NBFC in the power sector, adds another chapter of success to its achievements with the attainment of two prestigious awards at the Standing Conference of Public Enterprises (SCOPE) ceremony held in New Delhi. : newsonair.com

PFC RECEIVES DUAL HONOURS AT SCOPE AWARDS: EXCELLENCE AND MERITORIOUS RECOGNITION

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New Delhi : Power Finance Corporation Ltd. (PFC), a Maharatna CPSE and the country’s leading NBFC in the power sector, adds another chapter of success to its achievements with the attainment of two prestigious awards at the Standing Conference of Public Enterprises (SCOPE) ceremony held at Vigyan Bhawan, New Delhi. : globalgreenews.com

PFC receives Dual Honours at SCOPE Awards

5270f1a1f406d

New Delhi : Power Finance Corporation Ltd. (PFC), a Maharatna CPSE and the country’s leading NBFC in the power sector, adds another chapter of success to its achievements with the attainment of two prestigious awards at the Standing Conference of Public Enterprises (SCOPE) ceremony held at Vigyan Bhawan, New Delhi. : psuconnect.in

Cabinet gives go-ahead for two CIL power projects worth Rs 21,547 cr

New Delhi : Cabinet gives go-ahead for two CIL power projects worth Rs 21,547 cr. : Economic Times

Indian govt to sell up to 3.5 percent stake in NHPC

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New Delhi : Indian govt to sell up to 3.5 percent stake in NHPC. : Economic Times

Hero Future Energies, UP govt sign Rs 4,000 cr MoU at Davos

New Delhi : Hero Future Energies, UP govt sign Rs 4,000 cr MoU at Davos. : Economic Times

Union Budget 2023 paves way for green energy; Budget 2024 expected to uphold momentum

New Delhi : Union Budget 2023 paves way for green energy; Budget 2024 expected to uphold momentum. : Economic Times

CCEA greenlights Coal India’s subsidiaries for thermal power projects worth over Rs 21,000 crore

New Delhi : CCEA greenlights Coal India’s subsidiaries for thermal power projects worth over Rs 21,000 crore. : Economic Times

Global coal exports and power generation hit new highs in 2023: Maguire

New Delhi : Global coal exports and power generation hit new highs in 2023: Maguire. : Economic Times

Unwarranted load shedding to be penalized, it is insult to people: Union Power Minister R K Singh

New Delhi : Union Power Minister R K Singh on Thursday said that gratuitous load shedding will be penalized as it is an insult to the people of the country. Addressing a review meeting, Singh underlined the importance of making load shedding a thing of the past. : Economic Times

Trade barriers can slow energy transition: IEA chief

New Delhi : Trade barriers can slow energy transition: IEA chief. : Economic Times

Coal India’s venture into power generation gets Cabinet approval

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New Delhi : The Union Cabinet Committee of Economic Affairs (CCEA) on Thursday approved the Rs 22,000 crore two maiden thermal power generation units planned by Coal India Ltd (CIL) in collaboration with its subsidiaries. : Business Standard

12 Gw pumped storage hydropower projects get govt’s green signal

New Delhi : The Ministry of Environment, Forest, and Climate Change (MoEFCC) has given the environment-related go-ahead to pumped storage hydropower projects with a capacity of 11.98 gigawatts (Gw). : Business Standard

BHEL wins SCOPE Awards in 3 major catagories

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New Delhi : Bharat Heavy Electricals Limited (BHEL) has won three prestigious SCOPE Awards in the categories of ‘Reseach & Development,’ ‘Technology Development & Innovation’ and ‘Digitilsation.’ : psuwatch.com

THDC bags SCOPE Award for best practices in Human Resource Management

New Delhi : The Vice-President of India Jagdeep Dhankhar honored THDC with the prestigious SCOPE Meritorious Award for their outstanding Best Practices in Human Resource Management in a distinguished ceremony at Vigyan Bhawan, New Delhi. : psuwatch.com

I do not accept a future where Indians face loadshedding: RK Singh to discoms

New Delhi : “I do not accept a future where India continues to be a developing country. The difference between this future and that of a developed country is very simple: there is no loadshedding in a developed country, every discom has money to buy power, people’s rights are respected and disruption to power happens once in 20–25 years. : psuwatch.com

Need to make power sector financially viable to attract investment: R K Singh

New Delhi : The Review, Planning and Monitoring (RPM) Meeting of Power Sector, with Power / Energy Secretaries and CMDs / MDs of all discoms of all states, is being held under the chairpersonship of Union Minister for Power and New & Renewable Energy Shri R. K. Singh, in New Delhi, on January 18 & 19, 2024. : psuconnect.in

NLC India Wins SCOPE Eminence Award 2019-20 for Digital Transformation Excellence

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New Delhi : NLC India Ltd, a leading Navratna Public Sector Enterprise under Ministry of Coal, has been conferred with the prestigious Standing Conference of Public Enterprises (SCOPE) Eminence Award 2019-20 in the category of “Digital Transformation. : psuconnect.in

Japan to help India cut power sector emissions

New Delhi : Japan to help India cut power sector emissions. : Mint

Mukesh Kumar Appointed As Vice President (Finance & Investments) at Cleantech Solar

New Delhi : Mukesh Kumar Appointed As Vice President (Finance & Investments) at Cleantech Solar. : saurenergy.com

Credence Solar Gets BIS Certification For Its 685W Mono-PERC Modules

New Delhi : Credence Solar Gets BIS Certification For Its 685W Mono-PERC Modules. : saurenergy.com

Green hydrogen, solar tech key to India’s energy future, says IIT Madras Research Park President

New Delhi : Green hydrogen, solar tech key to India’s energy future, says IIT Madras Research Park President. : Economic Times

Clean energy: Govt, biz leaders commit to triple investments in emerging economies

New Delhi : Clean energy: Govt, biz leaders commit to triple investments in emerging economies. : Economic Times

Sterling and Wilson Renewable Energy loss narrows to Rs 62.39 cr in Dec quarter

New Delhi : Sterling and Wilson Renewable Energy loss narrows to Rs 62.39 cr in Dec quarter. : Economic Times

Priority to set up pit-head thermal power plant to meet demand of Uttarakhand: CM Dhami

New Delhi : Priority to set up pit-head thermal power plant to meet demand of Uttarakhand: CM Dhami. : Economic Times

AmpIn Energy bags 6 MWp solar project for Nagpur metro

New Delhi : AmpIn Energy bags 6 MWp solar project for Nagpur metro. : Economic Times

Analysis: Bangladesh solar power surge set to unlock thousands of green jobs

Dhaka, Bangladesh : Analysis: Bangladesh solar power surge set to unlock thousands of green jobs. : Economic Times

India’s Nuclear Power Corporation to commission new reactor every year

New Delhi : India’s Nuclear Power Corporation of India Limited (NPCIL) is on a mission to commission a nuclear power reactor every year, Chairman and Managing Director BC Pathak said. In an interview with The Hindu, he also outlined the progress and future plans of the country’s nuclear power sector. : Business Standard

Aim to power 250 million smart meters in India: Airtel Business CEO

New Delhi : Ganesh Lakshminarayanan, CEO of Airtel Business (India), says the company has already secured contracts to power close to 50 million smart meters and is looking out for further deals. : Business Standard

CIL to set up 2 pithead supercritical thermal power plants, gets CCEA nod

New Delhi : State-run Coal India Limited’s (CIL) plan to set up two pithead supercritical thermal power plants — one in Odisha and another in Madhya Pradesh — through its subsidiaries Mahanadi Coalfields Ltd (MCL) and South Eastern Coalfields Ltd (SECL) has received a nod from the Cabinet Committee on Economic Affairs (CCEA). : psuwatch.com

SJVN bags SCOPE Awards in two categories

New Delhi : SJVN Limited has won ‘SCOPE Excellence Award in Institutional Category II’ and ‘SCOPE Meritorious Award for Corporate Social Responsibility & Responsiveness’ for the Year 2016-17. : psuwatch.com

SECL & MCL to build 2 new thermal power plants; Cabinet gives Greenlight

New Delhi : The Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi today approved a proposal for equity investment by (i) South Eastern Coalfields Limited (SECL) for setting up 1×660 MW Thermal Power Plant. : psuconnect.in

THDCIL Bags SCOPE Meritorious Award for Best Practices in HRM

New Delhi : Hon’ble Vice-President of India, Shri Jagdeep Dhankhar honored THDC India Limited with the prestigious SCOPE Meritorious Award for their outstanding Best Practices in Human Resource Management in a distinguished ceremony at Vigyan Bhawan, New Delhi. : psuconnect.in

India at the forefront of energy transition: power minister RK Singh

New Delhi : India’s rate of renewable energy capacity addition has been the fastest in the world in the past five years, after China, Union power and renewable energy minister RK Singh said at Moneycontrol’s Policy Next Summit on January 18. : Moneycontrol.com

Telangana Gets A Good Deal At Davos, Set To Install 1,500 MW PSP

New Delhi : Telangana Gets A Go.od Deal At Davos, Set To Install 1,500 MW PSP : saurenergy.com


Oil and Gas

India’s ONGC arm gets $420 million loan from DBS Bank, Bank of Baroda

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New Delhi : India’s ONGC arm gets $420 million loan from DBS Bank, Bank of Baroda. : Economic Times

ONGC Videsh raises $420 million from DBS and BoB banks

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Mumbai : ONGC Videsh, the overseas exploration arm of Oil and Natural Gas Corporation (ONGC), has raised $420 million from Singapore’s DBS Bank and state-owned Bank of Baroda (BoB) in a deal closed earlier this month, taking advantage of the recent drop in global interest rates. : Economic Times

BPCL board meet on Jan 29, will review Q4 unaudited results

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New Delhi : Bharat Petroleum Corporation Limited on January 18 informed that the company will hold a board meeting on Monday, 29th January 2024, inter-alia, to consider and approve the unaudited financial results for the quarter ended 31st December 2023. : psuconnect.in

Green hydrogen, solar tech key to India’s energy future, says IIT Madras Research Park President

New Delhi : Green hydrogen, solar tech key to India’s energy future, says IIT Madras Research Park President. : Economic Times

Oil demand growth to halve in 2024: IEA

New Delhi : Oil demand growth to halve in 2024: IEA. : Economic Times

Ban on non-essential construction, plying of BS-III petrol, BS-IV diesel cars lifted in Delhi

New Delhi : Ban on non-essential construction, plying of BS-III petrol, BS-IV diesel cars lifted in Delhi. : Economic Times

IEA’s Birol predicts ‘comfortable’ oil market despite Red Sea disruption

New Delhi : IEA’s Birol predicts ‘comfortable’ oil market despite Red Sea disruption. : Economic Times

Punjab petroleum dealers demand increase in margin

Chandigarh : Petroleum dealers from across Punjab handed over copies of a memorandum addressed to the Centre and chairmen of old companies through the offices of state level coordinators at Indian Oil Bhawan on Thursday. : Times of India

Oil ticks higher after IEA, OPEC global demand forecasts; MCX crude up 3%, Brent at $78/bbl

New Delhi : Oil prices rose on Thursday, January 18. as the International Energy Agency (IEA) joined producer group Organisation of Petroleum Exporting Countries (OPEC) in forecasting strong growth in global oil demand and as cold winter weather disrupted US crude output while the government reported a big weekly draw in crude inventories. : Mint

Venezuelan crude back in focus: India to ramp up imports, compete with China

New Delhi : Venezuelan crude back in focus: India to ramp up imports, compete with China. : Economic Times

Oil prices rise on strong IEA and OPEC demand estimates

New Delhi : Oil prices rise on strong IEA and OPEC demand estimates. : Economic Times

Sinopec, BP agree to stronger cooperation in fuel sales, trading

New Delhi : Sinopec, BP agree to stronger cooperation in fuel sales, trading. : Economic Times

Shell approves plan to develop North Sea gas field

New Delhi : Shell approves plan to develop North Sea gas field. : Economic Times

Union Minister Hardeep Puri discusses opportunities in India’s Exploration and Production sector at WEF Davos

New Delhi : On the sidelines of the World Economic Forum in Davos, Union Minister for Petroleum and Natural Gas Hardep Puri met Vicki Hollub, President and CEO of Occidental Petroleum and discussed opportunities in India’s Exploration and Production sector. : Economic Times

Cheap Russian oil cuts OPEC’s share of India imports to record-low 50%

New Delhi : The annual share of OPEC’s oil in India’s crude imports fell to its lowest level ever in 2023 while that of discounted Russian barrels surged to an all-time high, data obtained from trade and industry sources show. : Economic Times

‘Oil markets well supplied’, says IEA as it raises 2024 global demand forecast; projects lower than OPEC

New Delhi : The International Energy Agency (IEA) has again raised its global oil demand growth forecast for 2024. However, its projection remains lower than the expectations set by the Organisation of Petroleum Exporting Countries (OPEC). : Mint

India’s appetite for more energy hasn’t diluted its commitment towards green energy: Puri at WEF

New Delhi : Noting that 25 percent of the global energy demand is going to come from India in the next two decades, Minister for Petroleum and Natural Gas, Hardeep Singh Puri said that India’s appetite for energy has not diluted its commitment to green energy. : psuwatch.com

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