MEDIA UPDATE (JULY 01, 2022)

Sarkaritel
By Sarkaritel July 1, 2022 06:43


01-Jul-2022

Power

” New Delhi : NTPC has been recognised as “Sustainable Organisation” at Sustainable Organisation Awards 2022 function held in Mumbai on 29th June, 2022. The award was received by Shri Kamlesh Soni, CGM (OS), WR1 from Ms. Dia Mirza noted Celebrity and Environmentalist.” : Sarkaritel.com

” New Delhi : NTPC awarded for Contribution to Swachhta Pakhwada 2022 organised by the Ministry of Power, Government of India. Alok Kumar, Secretary (Power), presented the award to Gurdeep Singh, CMD and Dillip Kumar Patel, Director (HR), NTPC.” : Sarkaritel.com

” New Delhi : Pramod Boro, Chief Executive Member (CEM), Bodoland Territorial Region (BTR) today visited NTPC Bongaigaon and reviewed the operational parameters of the station. Boro took an update on various sustainability and green initiatives of NTPC Bongaigaon including various community development work undertaken by the power station.” : Sarkaritel.com

NTPC bagged second position in Swachhta Pakhwada 2022

New Delhi : National Thermal Power Corporation Limited, an Indian public sector undertaking has been awarded for Contribution to Swachhta Pakhwada 2022 organised by the Ministry of Power, Government of India. : psuconnect.in

Coal India says enough supplies, advises power plants to stock up

New Delhi : National miner Coal India Limited (CIL) said on Thursday the country has enough supplies, but power plants must stock up before monsoon shapes production at mines. : Business Standard

CEA organised National Conference on Safety at NTPC Sipat

New Delhi : Central Electricity Authority ( CEA), organised National Conference on Electrical Safety on June 30, 2022, in association with NTPC Sipat. The program was held at NTPC Sipat Regional Learning Institute (RLI) through blended mode. : psuconnect.in

NTPC acknowledged Sustainable Organisation 2022 Award

New Delhi : NTPC recognised as “Sustainable Organisation” at The Economic Times-Sustainable Organisation Awards 2022 function held in Mumbai on 29th June, 2022. : psuconnect.in

Solar projects seeing cost pressure due to elevated cell, module prices, BCD: Report

New Delhi : The increase in prices of solar PV cells and modules coupled with the Basic Customs Duty (BCD) effective from April 1 is leading to cost pressure for solar power projects aggregating 4.4 GigaWatt (GW), according to Icra. The rating agency said these are the projects awarded over the last 12-18 months. : Economic Times

NITI Aayog report forecasts 100 pc electric 2-wheelers penetration by FY27

New Delhi : A report put out by public policy think tank NITI Aayog and Technology Information, Forecasting and Assessment Council (TIFAC) optimistically forecasts 100 per cent penetration of electric two-wheelers in the Indian market by FY2026-27. : Economic Times

Orsted and TotalEnergies in joint bid for Dutch wind farm project

New Delhi : Danish energy group Orsted and France’s TotalEnergies have submitted a joint bid to build two wind farms in the Dutch part of the North Sea, they said on Thursday, with total capacity of 1.4 gigawatts (GW). : Economic Times

Nuclear power can play major role in clean energy transition: IEA

New Delhi : As the world contends with a global energy crisis, nuclear power has the potential to play a significant role in helping countries to securely transition to energy systems dominated by renewables, a new special report by the International Energy Agency (IEA) said on Thursday. : Economic Times

Peak power demand touches record high of 77,091 MW in northern region: Power Ministry

New Delhi : The peak power demand met touched the all-time high level 77,091 MW in the northern region on July 28, the Ministry of Power said on Wednesday. : Economic Times

Elevated PV module, cell prices pose cost pressures for solar power developers: ICRA

New Delhi : The elevated solar photovoltaic cell and module prices are contributing to the cost constraints facing the solar power developers, even as the supply chain issues are beginning to ease, said a report by ICRA. : Mint

ReNew partners with UNEP, SEWA to train 1,000 women salt-pan workers

New Delhi : Green energy firm ReNew Power has partnered with United Nations Environment Programme (UNEP) and Self-Employed Women’s Association of India (SEWA) to train 1,000 low-income women salt-pan workers to work in the renewable industry. : Business Standard

Biocon, Hindalco Declare Investments In Renewable Energy

New Delhi : Biocon, Hindalco Declare Investments In Renewable Energy. : saurenergy.com

Reusing Discarded Materials Could Spawn a Circular Economy in Energy Storage Sector

New Delhi : Reusing Discarded Materials Could Spawn a Circular Economy in Energy Storage Sector. : mercomindia.com

Tamil Nadu Secretariat to Install a 100 kW Solar-Powered EV Charging Station

Chennai : Tamil Nadu Secretariat to Install a 100 kW Solar-Powered EV Charging Station. : mercomindia.com

Bids Invited to Install 10 MW of Rooftop Solar on Government Buildings in Maharashtra

New Delhi : Bids Invited to Install 10 MW of Rooftop Solar on Government Buildings in Maharashtra. : mercomindia.com

Germany’s power industry body urges more land for wind farms

Berlin, Germany : Germany’s power industry association BDEW called for a doubling of the country’s target for the amount of land designated for wind power generation as Berlin seeks to reduce its reliance on Russian fossil fuels, Bild newspaper reported on Thursday. : Economic Times

Elevated solar cell and module prices, hardening interest rates pose cost pressures for developers: ICRA

New Delhi : The cost of solar photovoltaic (PV) modules has climbed-up by over 40 per cent to $27-28 cents per watt in the past 18 months driven by an increase in polysilicon prices, according to research agency ICRA. : Economic Times

Poland to allow bad quality coal citing energy poverty risk

Warsaw : The Polish government is seeking to suspend rules banning the worst-quality coal from the market, citing soaring coal prices and risks of shortages of the fuel for homeowners. : Economic Times

French renewable energy company NW Groupe raises 300 million euros

Paris, France : French renewable energy company NW Groupe said it had raised 300 million euros ($315 million) for its NW Storm arm, as France builds up its renewable power sector to reduce its reliance on Russian energy following Russia’s invasion of Ukraine. : Economic Times

ReNew partners UNEP, SEWA to train 1,000 women salt-pan workers

New Delhi : w Delhi: Green energy firm ReNew Power has partnered with United Nations Environment Programme (UNEP) and Self-Employed Women’s Association of India (SEWA) to train 1,000 low-income women salt-pan workers to work in the renewable industry. : Economic Times

Actis launches power generation business

New Delhi : Actis, a global investor in sustainable infrastructure has launched Bridgin Power, a power generation business that will pursue gas-fired power projects and focus on delivering an equitable Energy Transition in Southeast Asia. : Economic Times

Coal ministry seeks inclusion of five mine pit lakes in Ramsar wetland list

New Delhi : The coal ministry on Wednesday said it approached the environment ministry for inclusion of five coal mine pit lakes in West Bengal, Odisha, Jharkhand and Madhya Pradesh in the list of Ramsar sites. : Economic Times

Biocon to buy 26% stake in AMPYR Renewable Energy Resources Eleven

New Delhi : Biocon Ltd on Wednesday said it will acquire 26 per cent stake in AMPYR Renewable Energy Resources Eleven Pvt Ltd (AREREPL) for Rs 7.5 crore. : Economic Times

Ather Energy sees five times jump in revenues for FY22

New Delhi : Electric vehicle maker Ather Energy’s revenue for the year ended March jumped over five times to Rs 408 crore from Rs 79 crore in FY21, but its losses increased 47 per cent on year at Rs 344 crore. : Economic Times

Actis launches gas-based power generation business for Southeast Asia

New Delhi : Actis, a global investor in sustainable infrastructure on Wednesday announced the launch of Bridgin Power, a power generation business that will pursue gas-fired power projects and focus on delivering an equitable energy transition in Southeast Asia where power demand is constantly on the rise. : Mint

Punjab State Power supplies 3,265 lakh units of power, highest ever single day

New Delhi : State Information and Public Relations Department informed on 30 June that the Punjab State Power Corporation Limited (PSPCL) has supplied the highest ever power in a single day of 3265 lacs units. : Mint

India made recommendation for Adani Green: Sri Lankan power board

New Delhi : The Ceylon Electricity Board, in a clarification to a Sri Lankan business daily, has said that the Indian government recommended Adani Green Energy Limited (AGEL) for constructing wind power projects in the Mannar and Pooneryn regions of the country. : Business Standard

SJVN received First Prize in Swachhta Pakhwada Award 2022

New Delhi : Sh. Nand Lal Sharma, Chairman & Managing Director, SJVN Limited today received First Prize in Swachhta Pakhwada Award 2022. Sh. Alok Kumar, Secretary (Power), Government of India, presented the awards to the winning PSUs in a ceremony held in New Delhi. : psuconnect.in

World Bank Provides $165 M To Support RE In India’s Residential Sector

New Delhi : World Bank Provides $165 M To Support RE In India’s Residential Sector. : saurenergy.com

Haryana Power Generation Issues a 121 MW Solar EPC Tender

New Delhi : Haryana Power Generation Issues a 121 MW Solar EPC Tender. : saurenergy.com

SECI Floats Tender For Supply Of 1680 MW of Solar Modules

New Delhi : SECI Floats Tender For Supply Of 1680 MW of Solar Modules. : saurenergy.com

Daily News Wrap-Up: Param Renewable Wins NTPC’s O&M Tender for a 50 MW Solar Project

New Delhi : Daily News Wrap-Up: Param Renewable Wins NTPC’s O&M Tender for a 50 MW Solar Project. : mercomindia.com

Prozeal Infra to Install 131 MW of Solar Projects at GETCO Sites in Gujarat

New Delhi : Prozeal Infra to Install 131 MW of Solar Projects at GETCO Sites in Gujarat. : mercomindia.com

Hindalco to Purchase Power from a 5 MW Open Access Wind Project

New Delhi : Hindalco to Purchase Power from a 5 MW Open Access Wind Project. : mercomindia.com

Bids Invited to Procure 1 GW of Solar Power in Maharashtra

New Delhi : Bids Invited to Procure 1 GW of Solar Power in Maharashtra. : mercomindia.com

Offshore wind industry enjoys best-ever globally in 2021: Report

New Delhi : The offshore wind industry enjoyed its best-ever year in 2021, with 21.1 GW of new capacity connected to the grid, according to the latest Global Offshore Wind Report launched by the Global Wind Energy Council (GWEC). : Economic Times

Mercedes readies plants to produce electric vehicles

Berlin, Germany : Mercedes-Benz is adjusting its network of plants to manufacture a new range of luxury electric vehicles as it prepares to switch to electric by the end of the decade. : Economic Times

Indian coal ministry seeks help from World Bank to re-purpose abandoned mines

New Delhi : India’s coal ministry said on Wednesday it sought assistance from the World Bank and other global institutions for re-purposing its abandoned coal mines to make them environmentally stable and suitable for commercial purpose. : Economic Times

Cabinet gives post facto approval to pact with International Renewable Energy Agency

New Delhi : The Union Cabinet on Wednesday gave post facto approval to the strategic partnership agreement with the International Renewable Energy Agency (IRENA) which will help India in green energy transition. : Economic Times

Vestas Secures 86 MW & 39 MW Orders in USA & Estonia

New Delhi : Vestas Secures 86 MW & 39 MW Orders in USA & Estonia. : saurenergy.com

Jinko Solar has Started Its 25% cell production in Jianshan Phase II Unit

New Delhi : Jinko Solar has Started Its 25% cell production in Jianshan Phase II Unit. : saurenergy.com


Oil and Gas

” New Delhi : Sushil Chandra Mishra today on June 30, 2022, superannuated from his role as Chairman and Managing Director of the second largest Indian-government owned company, Oil India Limited.” : psuconnect.in

IOC to invest Rs 740 crore to raise Digboi refinery capacity in Assam

New Delhi : State-owned Indian Oil Corporation (IOC) will invest over Rs 740 crore to raise the capacity of the nation’s oldest oil refinery at Digboi in Assam. : Business Standard

IGL started CNG sale at its first online CNG station at Khayawadi, Shamli

New Delhi : Shri Satendra Kumar Pal, Head (Projects), IGL today inaugurated and started CNG sale at IGL’s first online CNG station in its authorised geographical area of Muzaffarnagar, at Village Khayawadi, Shamli. : psuconnect.in

IOC to invest Rs 740 cr to raise Digboi refinery capacity

New Delhi : State-owned Indian Oil Corporation (IOC) will invest over Rs 740 crore to raise the capacity of the nation’s oldest oil refinery at Digboi in Assam. In a stock exchange filing, IOC said its board has approved raising of Digboi refinery capacity from 0.65 million tonnes per annum to 1 million tonnes along with associated facilities at an estimated cost of Rs 740.20 crore. : Economic Times

OPEC+ meets with little prospect of pumping more oil

London : OPEC+ enters a second and final day of meetings on Thursday with sources saying the group is unlikely to decide imminently to pump more barrels to the market beyond August. : Economic Times

Industry welcomes deregulation of locally produced oil

New Delhi : The Union Cabinet’s decision to give crude oil producers freedom to sell oil to any Indian refinery will help increase government revenue and help attract investment in exploration and production, industry leaders said. : Economic Times

TotalEnergies to give fuel discounts at French motorways stations

Paris, France : TotalEnergies, under pressure from the French government to do more to help consumers tackle higher energy costs, on Thursday announced discounts on pump prices at French motorway petrol stations. : Economic Times

Biden administration holding its first onshore oil sales

New Delhi : The US government this week is holding its first onshore oil and natural gas drilling lease auctions since President Joe Biden took office after a federal court blocked the administration’s attempt to suspend such sales because of climate change worries. : Economic Times

Actis launches gas-based power generation business for Southeast Asia

New Delhi : Actis, a global investor in sustainable infrastructure on Wednesday announced the launch of Bridgin Power, a power generation business that will pursue gas-fired power projects and focus on delivering an equitable energy transition in Southeast Asia where power demand is constantly on the rise. : Mint

Gazprom skips payout in a first since 1998; stock dips nearly 27%

New Delhi : Russian gas giant Gazprom has decided not to pay dividends on last year’s results, the first time it will not pay out since 1998, sending its shares plunging 27 per cent. : Business Standard

Oil prices increase as supply concerns outweigh US fuel stocks build

New Delhi : Oil prices edged higher on Thursday after dipping in early Asian trade, as concerns about global supply tightness outweighed a build in U.S. gasoline and distillate inventories. : Business Standard

Oil falls 2% on uncertainty over future OPEC-plus output, recession fears

London : Oil prices fell on Thursday as OPEC+ confirmed it would only increase output in August as much as previously announced despite tight global supplies but left the market wondering about future output by not discussing plans for September. : Business Standard

Russia may be India’s biggest crude supplier in June, a historic first

New Delhi : India is turning away from its favourite crude—Iraqi Basrah, a staple for state-run refiners led by IOC. Displacing Iraq is Russia, which may become India’s biggest crude supplier in June for the first time, pushing Iraq to the second position. : Business Standard

ABB partners with THINK Gas to automate ops

New Delhi : ABB has partnered with Think Gas, a city gas distribution company for automation of operations across Think Gas’ gas network, which includes many remote terminals spread across multiple locations, the company said in a stock exchange filing on Thursday. : Economic Times

Kinder Morgan to move ahead with Texas natural gas pipeline expansion

Houston : Pipeline operator Kinder Morgan Inc gave the greenlight to financing expanded capacity on a natural gas pipeline that brings fuel from fields in west Texas to export hubs near Houston, the company said on Wednesday. : Economic Times

Industry body seeks $360-mn public finance to set up green hydrogen projects in India

New Delhi : India Hydrogen Alliance (IH2A), a Delhi-based industry body, has submitted a plan to NITI Aayog and the renewable energy ministry for creation of 25 national green hydrogen projects and five national hydrogen hubs by 2025 with public finance support of $360 million. : Economic Times

Gazprom will send more gas to Kaliningrad Baltic exclave, says governor

New Delhi : Russia’s state natural gas producer Gazprom will increase gas supplies to the Baltic exclave of Kaliningrad, regional governor Anton Alikhanov said on Wednesday, amid increased tensions with neighbouring Lithuania. : Economic Times

British EV startup Tevva launches hydrogen booster truck model

London : British commercial electric vehicle (EV) startup Tevva on Thursday launched its first truck with a hydrogen fuel cell booster which should drive up to 310 miles (499 km) and provide fleet operators with greater zero-emission range. : Economic Times

Russia muscles in on Indian oil market at expense of OPEC titans

New Delhi : Watch out Iraq and Saudi Arabia, Russia is making huge inroads into the Indian oil market and has quite possibly become the largest supplier to the giant Asian buyer. : Economic Times

Opinion: China moves to buy more Russian oil, but will it help or hinder?: Russell

New Delhi : China is laying the groundwork to take an ever increasing share of steeply discounted Russian crude oil in a move that could, in theory at least, free up supplies from other countries and boost the supply of refined fuels. : Economic Times

Shell CEO says spare capacity is running ‘very low’

Singapore : Uncertainty in global oil and gas markets could stay for some time to come as spare capacity is very low while demand is still recovering, Shell Chief Executive Officer Ben van Beurden said on Wednesday. : Economic Times

Govt gives ONGC, Vedanta freedom to sell crude oil

New Delhi : The government on Wednesday allowed firms like ONGC and Vedanta to sell locally produced crude oil to any Indian refinery for turning it into fuel, such as petrol and diesel, as it deregulated one of the last few avenues that were still under its control. : Economic Times

Reliance key beneficiary as refining margins skyrocket

New Delhi : Asian refining margins have shot up as crude oil trades at elevated levels, resulting in windfall gains for oil refiners. : Mint

Opec+ struggles to meet its supply targets amid high crude prices

New Delhi : As President Biden prepares to go to Saudi Arabia in July, Opec+ members say the cartel and its allies have fallen far behind on their oil-production targets and are in their weakest position in recent years to help tame high crude prices. : Business Standard

OPEC+ alliance may not be much help with high oil, gasoline prices

New Delhi : Oil prices are high, and drivers are paying more at the pump. But the OPEC oil cartel and allied producing nations may not be much help as they decide Thursday how much more crude to send to world markets. : Business Standard

India steps up fuel imports amid shortage; Asia’s pool of supplies shrinks

New Delhi : Global energy markets that have thrown up plenty of anomalies in 2022 as flows get rerouted and prices jump just saw a fresh quirk: India, typically Asia’s leading petrol and diesel exporter, has been forced to step up imports of the fuels. : Business Standard

Oil prices stable as market weighs fuel stocks build amid supply concerns

New Delhi : Oil prices were little changed on Thursday as markets weighed a rise in US gasoline and distillate inventories and worries about slower economic growth amid concerns of supply tightness. : Economic Times

Sri Lanka President calls Putin; plans to visit UAE to explore options for fuel imports: Report

New Delhi : Sri Lanka President Gotabaya Rajapaksa has called his Russian counterpart Vladimir Putin to explore options of purchasing oil from Moscow, as Colombo desperately looks to replenish its dwindling fuel stocks amid an unprecedented economic crisis, a minister has said. : Economic Times

Spain begins sending gas to Morocco after Algeria spat

New Delhi : Spain has started sending natural gas supplies to Morocco through the Maghreb-Europe gas pipeline (GME) to ensure its energy security following a supply crisis with Algeria. : Economic Times

OPEC+ expected to stay course on oil output boost

Vienna : Major oil producers led by Saudi Arabia and Russia are expected to stick to a previously decided output boost at their meeting on Thursday, despite pressure to further increase production. : Economic Times

Sarkaritel
By Sarkaritel July 1, 2022 06:43