MEDIA UPDATE (January 28, 2023)

Sarkaritel
By Sarkaritel January 28, 2023 06:27


28-Jan-2023

Power

” New Delhi : The pre-qualification requirements laid down by the Power Grid Corporation of India Limited (PGCIL) is extremely restrictive as it states that the bidder must have successfully completed drone patrolling using mounted camera for visual, thermovision of at least 100 route km or 300nos towers of 220kV or above Transmission Lines in last five year, as on the originally scheduled date of bid opening.” : Sarkaritel.com

” New Delhi : India’s 74th Republic Day was celebrated with fervour and gaiety by BHEL at all its offices across the country. Dr. Nalin Shinghal, CMD, BHEL, hoisted the national flag at a function in the company’s township in Noida in the presence of Functional Directors on the Board of BHEL, CVO and other senior officials.” : Sarkaritel.com

” New Delhi : NHPC is organizing ‘Maitri Cup 2023’ T20 Cricket tournament from 27th to 28th January 2023 at Vijay Yadav Residential Cricket Academy, Faridabad. U.S. Sahi, Executive Director (CC), NHPC inaugurated the tournament in presence of Vijay Yadav, former Indian cricketer and senior NHPC officers on 27th January 2023.” : Sarkaritel.com

NLCIL to increase power generation from 6,000MW to 17,000MW by 2030

New Delhi : NLC India Limited (NLCIL) has proposed to increase its total power generation capacity from the present 6,061MW to 17,171MW by 2030, said NLCIL chairman cum managing director Prasanna Kumar Motupalli. : Economic Times

Coal India to set up 5 sand production plants

New Delhi : Coal India Ltd (CIL) plans to set up five overburden (OB) to manufactured sand (M-Sand) plants between May 2023 and July 2024. These plants would be set up by its subsidiaries namely Western Coalfields Limited, Central Coalfields Limited, South Eastern Coalfields and Bharat Coking Coal Limited. : Sarkaritel.com

Power ministry seeks comments from state discoms, CEA on draft National Electricity Policy

New Delhi : The Union power ministry has sought comments from state discoms and Central Electricity Authority (CEA) on the draft National Electricity Policy (NEP). : Economic Times

DERC directs power discom NDMC to pay licence fee, late payment charge since 2003-04

New Delhi : The national capital’s power regulator DERC has directed the New Delhi Municipal Council (NDMC), a deemed power distribution licensee, to pay a licence fee at the rate of 0.05 per cent of the annual billed amount and a late payment charge, effective from 2003-04. : Economic Times

NTPC Dulanga celebrated 74th Republic Day with traditional grandeur

New Delhi : NTPC Dulanga celebrated 74th Republic Day with traditional grandeur. : psuconnect.in

Observation of the 74th Republic Day of India at DVC Headquarters

New Delhi : Observation of the 74th Republic Day of India at DVC Headquarters. : psuconnect.in

IndiGrid reports third quarter profit up 27 per cent to Rs 120 crore

New Delhi : India Grid Trust (IndiGrid) has posted 27 per cent rise in consolidated net profit at Rs 119.78 crore for December quarter 2022-23. The infrastructure investment trust logged a net profit of Rs 94.38 crore in the year-ago period, as per a BSE filing. : Economic Times

Andhra Pradesh govt to spend Rs 11,000 crore to reform power distribution

Vijaywada : The state government has decided to implement Revamped Distribution Sector Scheme (RDSS) with an investment of around 11,000 crore with the support of the Union government. : Economic Times

Budget 2023 provisions must be in line with India’s low emission development strategies: TERI DG

New Delhi : The Union Budget 2023-24 will be the first to be presented since India announced the Long-Term Low Emission Development Strategies (LT-LEDS) to achieve the net zero emission goals by 2070 and must therefoe be aligned with it, according to TERI DG Vibha Dhawan. : Economic Times

Clean energy sets $1.1-trillion record that’s bound to be broken

New Delhi : Last year was a double milestone for decarbonizing the world’s energy system. It was the first year when investment in the energy transition equaled global investment in fossil fuels, according to the latest data release from clean energy research group BloombergNEF. : Economic Times

Centre finalizes draft electricity policy, seeks comments from states

New Delhi : The union ministry of power has finalized the draft National Electricity Policy and has sought comments from the states and the Central Electricity Authority (CEA) by 10 February, 2022. : Mint

SolarArise India acquired by LSE-listed infrastructure investment trust

New Delhi : Delhi based renewable energyy platform SolarArise has announced the completion of its acquisition by ThomasLloyd Energy Impact Trust (TLEI), an investment trust listed on the London Stock Exchange (LSE). With this closing, SolarArise is now an Indian utility scale solar company with its assets listed as a part of a trust on the LSE. : Economic Times

MSEDCL proposes 15% hike in power tariff for residential consumers in Mumbai

Mumbai : The Maharashtra State Electricity Distribution Company Limited (MSEDCL) on Thursday issued public notice to propose a tariff hike of upto 15% for residential consumers from April. : Economic Times

How renewable energy is creating growth opportunities, economic push in India

New Delhi : India’s development of renewable energy as an alternative to conventional fuel has so far been a success story. The country’s installed renewable power generation capacity has grown rapidly in the recent past, posting a CAGR of 15.92% between FY16-22. : Economic Times

Timeline for completion of solar projects bid before BCD announcement extended

New Delhi : In a bid to provide relief to stuck solar power projects amid module shortage, Centre has allowed the extension of the timeline for completion of projects for which bids were finalized before the announcement of the basic customs duty on modules. : Mint

Back Centre extends timeline for solar projects’ completion

New Delhi : In a bid to provide relief to solar power projects stuck amid a shortage of modules, the Centre has extended the deadline for completion of projects for which bids were finalized before the announcement of the basic customs duty on modules. : Mint

Rajasthan govt encourages farmers to set up solar pumps to cut cost

New Delhi : The Rajasthan government is encouraging farmers to set up solar pumps in their fields by giving subsidies going up to 60 per cent so that they do not have to depend on electricity for irrigation. : Business Standard

Daily News Wrap-Up: SECI’s Green Energy Open Access Foray

New Delhi : Daily News Wrap-Up: SECI’s Green Energy Open Access Foray. : mercomindia.com

MNRE Grants Timeline Extension for Solar Projects Bid Before BCD Announcement

New Delhi : MNRE Grants Timeline Extension for Solar Projects Bid Before BCD Announcement. : mercomindia.com

Gautam Solar’s 545 Wp Series of 10BB Mono Solar Panels Get ALMM Approval

New Delhi : Gautam Solar’s 545 Wp Series of 10BB Mono Solar Panels Get ALMM Approval. : saurenergy.com

With plans to commission 20 plants, India looks to tap nuclear power faster

New Delhi : Recent government announ­ce­ments on accelerating the use of nuclear power in India suggests a significant increase in the pace. : Business Standard

Luminous Announces India’s First Green Solar Panel Manufacturing Facility In Uttarakhand

New Delhi : Luminous Announces India’s First Green Solar Panel Manufacturing Facility In Uttarakhand. : saurenergy.com

Solar Sector Pins Hopes on Budget 2023, Here’s the Long Wish List

New Delhi : Solar Sector Pins Hopes on Budget 2023, Here’s the Long Wish List. : mercomindia.com

NTPC Floats Balance of System Tender for 1 GW Solar Projects

New Delhi : NTPC Floats Balance of System Tender for 1 GW Solar Projects. : mercomindia.com

MNRE grants time extension up to March 2024 for completion of solar, hybrid projects

New Delhi : The Ministry of New and Renewable Energy (MNRE) has granted a time extension up to March 2024 to under implementation solar and solar-wind hybrid projects whose bids were finalised before 9 March 2021. : Economic Times

How Budget 2023 can provide a manufacturing Boost for Renewable Energy sector

New Delhi : For this year’s Budget, a key consideration would be harmonization of all renewable energy policies irrespective of source, especially between wind solar sector to give equal opportunity to all sources to participate in India’s energy transition journey. : Economic Times


Oil and Gas

Shri Hardeep Singh Puri and Shri Pankaj Jain will visit to ONGC’s iocnic offshore jack-up drilling rig sagar samrat

New Delhi : Shri Hardeep Singh Puri and Shri Pankaj Jain will visit to ONGC’s iocnic offshore jack-up drilling rig sagar samrat. : psuconnect.in

CMD, GAIL hoisted National Flag at Corporate Office on 74th Republic Day

New Delhi : CMD, GAIL hoisted National Flag at Corporate Office on 74th Republic Day. : psuconnect.in

IndianOil is steering India’s energy transition journey said Chairman, Vaidya

New Delhi : IndianOil is steering India’s energy transition journey said Chairman, Vaidya. : psuconnect.in

ONGC Director (Exploration)Sushma Rawat visited to Cauvery & KG-PG Basin

New Delhi : ONGC Director (Exploration)Sushma Rawat visited to Cauvery & KG-PG Basin. : psuconnect.in

PESB recommends Mr. Vivek Chandrakant Tongaonkar as Director (Finance) of Mangalore Refineries & Petrochemicals

New Delhi : PESB recommends Mr. Vivek Chandrakant Tongaonkar as Director (Finance) of Mangalore Refineries & Petrochemicals. : psuconnect.in

High gas cost, lower margins impacting IGL profitability: Report

New Delhi : Hgher gas costs leading to lower margins are impacting the EBITDA for Indraprastha Gas Ltd (IGL) even as volumes at 8.01 mmscmd were up 5.5 per cent in the third quarter ended December 2022. : Economic Times

Shell considers exiting UK, German, Dutch energy retail businesses

London : Shell is considering exiting its home energy retail businesses in Britain, the Netherlands and Germany in the wake of “tough market conditions”, it said on Thursday. European energy suppliers have struggled over the past year with soaring wholesale prices and efforts by governments to shield consumers from rising bills. : Economic Times

Imperial Oil to invest $539 mln in renewable diesel plant in Canada

New Delhi : Imperial Oil on Thursday said it will invest C$720 million ($538.64 million) to construct Canada’s largest renewable diesel facility at its Strathcona refinery near Edmonton, Alberta. : Economic Times

EU eyes $100/barrel cap on Russian premium oil products, $45 on discounted

New Delhi : The European Commission is proposing that the EU set a $100 per barrel price cap on premium Russian oil products like diesel and a $45 per barrel cap on discounted products like fuel oil, European Union officials said on Thursday. : Economic Times

Oil prices edge up on strong US economic data, Chinese demand hope

New Delhi : Oil prices edged marginally higher on Friday, extending for a second session on strong US economic data and strengthening hope that the reopening of the Chinese economy would boost demand. : Economic Times

QatarEnergy to join Lebanon offshore oil and gas exploration

New Delhi : QatarEnergy will join TotalEnergies and Eni in a three-way consortium to explore oil and gas in two maritime blocks off the coast of Lebanon, the Lebanese energy ministry said on Thursday. : Economic Times

India, Russia may explore to create energy alliance: Former envoy

New Delhi : India and Russia can explore energy alliance in the back drop of their burgeoning energy ties that includes trade and investments, suggested DB Venkatesh Varma, India’s former envoy to Moscow. : Economic Times

European Union mulls $100 a barrel price cap for Russia diesel exports

New Delhi : The European Union is floating a plan to cap the price of Russian diesel at $100 a barrel — a level that might help to stave off the very worst effects of a fuel-imports ban that the bloc will impose on Moscow in 10 days’ time. : Business Standard

Indian refiners’ crude oil processing in December rises 4% y/y: Govt data

New Delhi : Indian refiners’ crude oil processing in December rose about 4% from a year earlier, provisional government data showed, in line with elevated demand in the world’s third-biggest oil importer and consumer. : Business Standard

Activists slam appointment of UAE oil boss to lead climate talks

Paris, France : Hundreds of campaign groups on Thursday condemned the appointment of an oil boss to lead UN climate talks in the United Arab Emirates, saying it threatened the meeting’s “legitimacy”. : Economic Times

Adani group looks to invest in petrochem, mining in Azerbaijan

New Delhi : Asia’s richest man Gautam Adani’s group is eyeing petrochemical and mining projects in Azerbaijan as the ports-to-energy conglomerate looks to expand the business beyond Indian shores. : Economic Times

Philippines greenlights seventh LNG project, gears up for gas imports

New Delhi : The Philippines’ Department of Energy said on Friday it has approved a $67-million LNG import terminal project, the country’s seventh such facility, as it gears up for the launch of its liquefied natural gas industry this year. : Economic Times

Rajasthan to have 13 new industrial areas along Mehsana-Bathinda gas pipeline route

New Delhi : Rajasthan State Industrial Development and Investment Corporation (RIICO) will develop about 13 new industrial areas along the Mehsana-Bathinda gas pipeline route to give a push to the industrial infrastructure in the state, an official said. : Economic Times

Sarkaritel
By Sarkaritel January 28, 2023 06:27