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MEDIA UPDATE (July 06, 2024)

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06-July-2024

Power

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” New Delhi : Tata Power Solar Systems Limited, has launched a rooftop solar initiative aimed at powering homes in Uttar Pradesh (UP) with clean energy.” : Sarkaritel.com

JSW Energy to invest ?1.15 lakh crore for 20 GW capacity by 2030

New Delhi : JSW Energy to invest ?1.15 lakh crore for 20 GW capacity by 2030. : Economic Times

Northern Coalfields signs pact with UPRVUNL to install additional 250 mw solar power capacity in UP

New Delhi : Northern Coalfields signs pact with UPRVUNL to install additional 250 mw solar power capacity in UP. : Economic Times

ADB, ENGIE SA partner to build 400 MW solar power plant in Gujarat

New Delhi : ADB, ENGIE SA partner to build 400 MW solar power plant in Gujarat. : Economic Times

Inox Wind shares surges over 14 pc after promoter entity infuse Rs 900 cr

New Delhi : Inox Wind shares surges over 14 pc after promoter entity infuse Rs 900 cr. : Economic Times

AIPEF urges Khattar to end privatisation in power sector

New Delhi : AIPEF urges Khattar to end privatisation in power sector. : Economic Times

JSW Energy to invest ?1.15 lakh crore for 20 GW capacity by 2030

New Delhi : JSW Energy to invest ?1.15 lakh crore for 20 GW capacity by 2030. : Economic Times

Interest subvention likely to push energy efficiency among MSMEs

New Delhi : India could offer support to businesses, including micro, small, and medium enterprises (MSMEs), to deploy energy efficient technologies, people familiar with the development told ET. : Economic Times

JSW Energy plans ?15,000 cr capex in FY25, eyes acquisitions in power sector

New Delhi : JSW Group subsidiary JSW Energy Ltd on Friday announced plans for a capital expenditure of ?15,000 crore in the current financial year (FY25). : Mint

Budget 2024: What does India’s power sector expects from FM Sitharaman

New Delhi : Ahead of the Union Budget 2024, reports suggest that the power sector is a priority for the government. : Business Standard

Torrent Power seeks shareholders nod to raise up to Rs 5,000 cr via equity

New Delhi : Torrent Power on Friday said that it will seek shareholders’ approval to raise up to Rs 5,000 crore through equity shares. : Business Standard

Tata Power launches ‘Ghar Ghar Solar’ initiative in UP

New Delhi : Tata Power Solar Systems Limited, a leader in sustainable energy solutions, has launched a transformative rooftop solar initiative aimed at powering every home in Uttar Pradesh (UP) with clean energy. : psuwatch.com

NDMC Set To Procure 200MW Solar Energy From SECI

New Delhi : NDMC Set To Procure 200MW Solar Energy From SECI. : saurenergy.com

THDC Issues Consultancy Tender for Floating Solar Projects Across India

New Delhi : THDC Issues Consultancy Tender for Floating Solar Projects Across India. : mercomindia.com

NVVN Floats Tender for 1.3 MW Rooftop Solar Systems at Goa Shipyard

New Delhi : NVVN Floats Tender for 1.3 MW Rooftop Solar Systems at Goa Shipyard. : mercomindia.com

KPI Green Energy inks pact to supply power from 50MW hybrid project

New Delhi : KPI Green Energy inks pact to supply power from 50MW hybrid project. : Economic Times

Coal sector leads core industry growth with 10.2 per cent surge in May 2024

New Delhi : Coal sector leads core. industry growth with 10.2 per cent surge in May 2024 : Economic Times

Servotech Power Systems inaugurates Delhi’s first grid-connected solar-powered EV charging carport

New Delhi : Servotech Power Systems inaugurates Delhi’s first grid-connected solar-powered EV charging carport. : Economic Times

JSW Energy plans ?1.15 L cr capex to diversify operations

Mumbai : JSW Energy aims to transform from a power generator to an energy products and services provider while continuing to look for acquisitions in the power sector, said group chairman and managing director Sajjan Jindal. : Economic Times

IREDA Q1: PSU company to announce results on July 12, check details here

New Delhi : IREDA Q1: Indian Renewable Energy Development Agency Limited will declare its Q1 results on Friday, July 12, 2024. : Mint

KPI Green Energy inks pact to supply power from 50MW hybrid project

New Delhi : KPI Green Energy on Friday said it has inked a pact to supply power from a 50MW solar-wind hybrid project with Gujarat Urja Vikas Nigam. : psuwatch.com

Australia’s largest Clean Energy Delegation visits India to explore partnerships with India

Mumbai : A 60-member Australian Clean Energy delegation visited New Delhi and Mumbai between 1 – 5 July 2024 as a part of the Australia India Business Exchange (AIBX) program. : psuconnect.in

Centre approves set up coal-based thermal power plant in Uttarakhand

New Delhi : The Centre has given its in-principle consent to TUECO, a joint venture of UJVN Limited and THDC India Limited, to establish a coal-based thermal power plant in Uttarakhand, as per an official statement. : psuconnect.in

MSME Sector Can Save Rs 37cr By Adopting RE & Energy Efficiency: CSTEP

New Delhi : MSME Sector Can Save Rs 37cr By Adopting RE & Energy Efficiency: CSTEP. : saurenergy.com

Oriana Power Secures Order For 25MWp Agro PV Project In Delhi

New Delhi : Oriana Power Secures Order For 25MWp Agro PV Project In Delhi. : saurenergy.com

Centre plans to push for more renewable energy connectivity in states

New Delhi : With the dual purpose of enhancing power transmission infrastructure in states and boosting renewable energy (RE) connectivity across all regions, the ministry of power is planning to push states to connect upcoming RE projects to state grids and not the national grid. : Business Standard

India’s electricity generation rises 15% in May amid record demand

New Delhi : India produced 15.06% more electricity in May than a year ago to meet record electricity demand due to a severe heatwave. : Mint

EESL partners with Padma Vadthya to boost energy efficiency tech adoption in Telangana

New Delhi : EESL partners with Padma Vadthya to boost energy efficiency tech adoption in Telangana. : Economic Times


Oil and Gas

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” New Delhi : Hindustan Petroleum Corporation Ltd (HPCL) has taken a significant step in contributing to the Swachh Bharat Abhiyan by launching the Swachhta Pakhwada (Cleanliness Fortnight) from 1st to 15th July 2024.” : Sarkaritel.com

Mundkur S Kamath gets additional charge as Director (Finance) of MRPL

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New Delhi : Mundkur S Kamath, who is presently serving as Managing Director (MD) of MRPL, has been assigned with the additional charge of Director (Finance). : psuwatch.com

MRPL announces change in Senior Management Board

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New Delhi : State-owned MRPL, Mangalore Refinery Petroleum Limited has announced to assigned the additional charge of the post of Director (Finance) to Mundkur Shyamprasad Kamath for three months duration. : psuconnect.in

Govt sets ball rolling for Tranche-II green hydrogen projects

New Delhi : The Ministry of New and Renewable Energy on Friday announced that the capacity of Tranche-II under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Programme. : Sarkaritel.com

Germany could import up to 100 TWh of green hydrogen via pipelines by 2035, study shows

New Delhi : Germany could import up to 100 TWh of green hydrogen via pipelines by 2035, study shows. : Economic Times

India to boost green hydrogen sector with new testing and quality assurance facilities

New Delhi : India to boost green hydrogen sector with new testing and quality assurance facilities. : Economic Times

Q1 Results Preview: OMCs to report weak quarter on low margin; GAIL, Petronet LNG to lead oil & gas pack

New Delhi : Q1FY25 Results Preview: Most oil and gas companies will likely report a weak first quarter in the current fiscal year (Q1FY25) due to poor margins, apart from gas majors GAIL and Petronet LNG, which could lead the pack. : Mint

Oil prices on track for fourth straight week of gains as demand rises

New Delhi : Oil prices were little changed on Friday, trading near their highest since late April and on track for a fourth straight week of gains, driven by hopes of strong summer fuel demand and some supply concerns. : Business Standard

Australia’s largest Clean Energy Delegation visits India to explore partnerships with India

Mumbai : A 60-member Australian Clean Energy delegation visited New Delhi and Mumbai between 1 – 5 July 2024 as a part of the Australia India Business Exchange (AIBX) program. : psuconnect.in

Budget 2024: Industry expects sops to replace gray with green hydrogen, easier land acquisition

New Delhi : Budget 2024: Industry expects sops to replace gray with green hydrogen, easier land acquisition. : Economic Times

MNRE announces second tranche of green hydrogen incentive scheme, targets 450,000 TPA

New Delhi : MNRE announces second tranche of green hydrogen incentive scheme, targets 450,000 TPA. : Economic Times

Rosneft, Lukoil to cut oil exports from Black Sea’s Novo, sources say

New Delhi : Rosneft, Lukoil to cut oil exports from Black Sea’s Novo, sources say. : Economic Times

PESO to formulate safety norms to allow petrol pumps within 30-50 mtrs of habitation: Piyush Goyal

New Delhi : PESO to formulate safety norms to allow petrol pumps within 30-50 mtrs of habitation: Piyush Goyal. : Economic Times

Shell sees heavy writedowns in Q2 due to shelved biofuel project

New Delhi : Shell sees heavy writedowns in Q2 due to shelved biofuel project. : Economic Times

Indian oil giants, Brazil’s Petrobras in talks for long-term crude supply

New Delhi : Indian oil majors Indian Oil Corporation Ltd (IOCL), Hindustan Petroleum Corporation Ltd (HPCL), and Bharat Petroleum Corporation Ltd (BPCL) are in negotiation with Brazilian energy major Petroleo Brasileiro SA (Petrobras) to secure long-term crude oil supply contracts, according to a report by Mint. : Business Standard

SECI to launch second green hydrogen tender

New Delhi : Solar Energy Corp. of India Ltd (SECI) intends to issue second tender for setting up 450,000 mtpa [metric tonnes per annum] production facilities for green hydrogen and/or its derivatives in India under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme. : pv-magazine.com

MNRE to Incentivize 450,000 MTPC of Green Hydrogen Under Tranche II

New Delhi : MNRE to Incentivize 450,000 MTPC of Green Hydrogen Under Tranche II. : mercomindia.com

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On July 5

New Delhi : Petrol, and Diesel Prices On July 5, 2024: Oil marketing companies have released fresh petrol and diesel prices on Friday, July 5. The country’s Petrol and diesel prices depend on crude oil prices internationally. : news18.com

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