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MEDIA UPDATE (July 08, 2024)

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08-July-2024

Power

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” New Delhi : The 23rd Neyveli Book Fair – NEYVELI BOOK FAIR 2024 – was inaugurated yesterday (05.07.24) with usual fervour at the Book Fair grounds, Neyveli, by Prasanna Kumar Motupalli, CMD, NLCIL.” : Sarkaritel.com

Power Grid Board approves funding borrowing for FY25

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New Delhi : Power sector PSU Power Grid has stated that the company’s board members have approved borrowing funds through various sources in the current financial year. : psuconnect.in

BEE to further Mission Life in Vijayawada, Vizag, Tirupati

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New Delhi : The Bureau of Energy Efficiency (BEE) is spearheading the national rollout of Mission LiFE, urging southern state govts to champion the new climate economy to promote long-term economic growth in their respective states. : Times of India

DVC to invest Rs 20,000 cr in solar energy projects by 2030

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New Delhi : DVC to invest Rs 20,000 cr in solar energy projects by 2030. : Economic Times

PM Surya Ghar: Govt buildings to achieve full rooftop solar saturation by 2025

New Delhi : PM Surya Ghar: Govt buildings to achieve full rooftop solar saturation by 2025. : Economic Times

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

New Delhi : Torrent Power seeks shareholders nod to raise up to Rs 5,000 cr via equity shares. : Economic Times

Budget: Centre may back states in north-east hydropower play

New Delhi : Budget 2024: Looking to fast-track hydropower capacity creation, the upcoming budget could unveil funding support to north-eastern states for purchasing equity in hydropower projects, said people familiar with the matter. : Economic Times

Grid India invites job applications for Director (Finance); apply before July 29

New Delhi : Grid India Recruitment 2024: Grid Controller of India Limited (Grid-India) has released a job notification through the PESB portal for the engagement of Director (Finance). Eligible and interested candidates can apply for the job before July 29. : psuwatch.com

Naini coal mine set to energize Telangana’s power sector

New Delhi : Naini coal mine set to energize Telangana’s power sector. : Economic Times

India revamps wind turbine placement rules to boost energy efficiency

New Delhi : India revamps wind turbine placement rules to boost energy efficiency. : Economic Times

Over 100 industry representatives participate in pre-bid meet for 10th round of coal mine auction

New Delhi : Over 100 industry representatives participate in pre-bid meet for 10th round of coal mine auction. : 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

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

Fire dept NOC to be must for electric connection in buildings over 15 m

New Delhi : With a rise in the number of fire incidents in summer months in the national capital, power regulator DERC has proposed that residential buildings that are over 15 metres high will have to obtain a no objection certificate of the fire safety department for getting an electricity connection. : Business Standard

COAL MINISTER G KISHAN REDDY TAKES STEPS FOR STRENGTHENING ENERGY SECURITY NEEDS OF TELANGANA

New Delhi : Naini Coal mine in Odisha having production capacity of 10 Million Tonnes per year was allocated to Singareni Collieries Company Limited (SCCL) on 13.08.2015 for captive utilization of coal in thermal power plant of SCCL. : globalgreenews.com


Oil and Gas

ONGC Videsh to raise USD 800 million from 3 banks

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Mumbai : ONGC Videsh Ltd (OVL), the overseas arm of state-run explorer Oil and Natural Gas Corp. (ONGC), is raising $800 million through a five-year loan from three domestic banks, people familiar with the matter said. : Economic Times

India eyes storing its oil in Japan, South Korea, Singapore

New Delhi : India eyes storing its oil in Japan, South Korea, Singapore. : Mint

NexGen Energia to invest Rs 15K cr to open 5,000 green diesel, CBG pumps

New Delhi : Green energy solutions company NexGen Energia plans a Rs 15,000 crore investment to open 5,000 green diesel and compressed biogas (CBG) pumps in the country over the next 10 years. : Business Standard

MNRE issues scheme guidelines for implementation of Green Hydrogen under SIGHT Scheme

New Delhi : The Scheme Guidelines for implementation of “Strategic Interventions for Green Hydrogen Transition (SIGHT) Program, Component II: Incentive Scheme for Green Hydrogen Production (under Mode 1) Tranche-II” have been notified by MNRE. : psuconnect.in

HPCL asked to pay Rs 25 lakh for man’s death in cylinder blast

Bengaluru : Eight years after an LPG cylinder explosion at their residence in Vasanthapura, south Bengaluru, claimed the life of a 37-year-old man, the Karnataka State Consumer Disputes Redressal Commission has ordered oil major Hindustan Petroleum Corporation Ltd (HPCL) to pay the bereaved family an enhanced compensation of nearly Rs 25 lakh, aside from Rs 1 lakh for deficient service and Rs 50,000 towards litigation costs. : Times of India

US drillers add oil and gas rigs for first time in 7 weeks, Baker Hughes says

New Delhi : U.S. energy firms this week added oil and natural gas rigs for the first time in seven weeks, energy services firm Baker Hughes said in its closely followed report on Friday. : Mint

Petrol-Diesel Prices July 6: Crude oil prices fell; have fuel rates become cheaper

New Delhi : Petrol-Diesel Price Today: Recent days have seen significant volatility in crude oil prices. On Friday, the price decreased by 0.17 per cent, reaching Rs 7,012 per barrel. Currently, : Zeebiz

Bye-bye diesel, hello CNG: Conversion complete, ‘green’ boats on Ganga to cut down on pollution

New Delhi : Over 800 diesel engine-operated boats have been converted to CNG-powered craft in Varanasi by GAIL (Gas Authority India Ltd) in order to end pollution caused by the diesel engines. : Hindustan Times

Union Minister Suresh Gopi hails ‘Swachhata Pakhwada’ initiative of oil companies

New Delhi : Union Minister of State for Petroleum and Natural Gas Suresh Gopi on Saturday said oil companies are adopting various measures to reduce pollution and keep the country clean as part of the Centre’s ‘Swachh Bharat Abhiyan’. : theconversation.com

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