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MEDIA UPDATE (July 23, 2024)

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23-July-2024

Power

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” New Delhi : NLC India Ltd has organised Customer Meet on 22nd July 2024 in Chennai participated by all customers of NLCIL. Speaking on the occasion, Prasanna Kumar Motupalli, CMD, NLC India said that this Customer meet was envisaged to bridge the gap between NLCIL and State DISCOMs and other stakeholders.” : Sarkaritel.com

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” Mumbai : Dr Ajay Mathur made a pitch for Green Energy Transition in his keynote address at the 12th SubirRaha Memorial Lecture jointly organized by UN Global Compact Network India (UN GCNI) and ONGC at ONGC Corporate office, New Delhi on 19th July 2024.” : Sarkaritel.com

NLC India to raise funds via IPO of arm for clean energy expansion: CMD

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New Delhi : NLC India to raise funds via IPO of arm for clean energy expansion: CMD. : Economic Times

Economic Survey 2024: Renewable energy investments to fuel India’s green transition, aiming for 500 GW by 2030

New Delhi : Economic Survey 2024: Renewable energy investments to fuel India’s green transition, aiming for 500 GW by 2030. : Economic Times

Coal India ventures into non-coal mineral mining with graphite project

New Delhi : Coal India ventures into non-coal mineral mining with graphite project. : Economic Times

EESL to launch retail shops to distribute energy-efficient products

New Delhi : EESL to launch retail shops to distribute energy-efficient products. : Economic Times

JSW Neo Energy bags 500MW solar project from Solar Energy Corporation of India

New Delhi : JSW Neo Energy bags 500MW solar project from Solar Energy Corporation of India. : Economic Times

Rooftop revolution’: Government incentivizes discoms with Rs 4,950 crore to boost solar installations

New Delhi : Rooftop revolution’: Government incentivizes discoms with Rs 4,950 crore to boost solar installations. : Economic Times

No shortage of coal for power sector: Minister G Kishan Reddy

New Delhi : No shortage of coal for power sector: Minister G Kishan Reddy. : Economic Times

Dr Ajay Mathur pitches for Green Energy Transition at the 12th Subir Raha Memorial Lecture

New Delhi : The Director General of the International Solar Alliance (ISA) Dr Ajay Mathur made a pitch for Green Energy Transition in his keynote address at the 12th Subir Raha Memorial Lecture jointly organised by UN Global Compact Network India (UN GCNI) and ONGC at ONGC Corporate office, New Delhi on July 19. : psuwatch.com

SJVN Organised Half Yearly Meeting of City Official Language Implementation Committee

Shimla : In order to increase the use of Official Language Hindi in Central Government Offices, Undertakings and Banks, the half-yearly meeting of the City Official Language Implementation Committee , Shimla (Office-2). : psuconnect.in

Indian RE Sector Can Attract Rs 30L-crore Investment Between 2024-2030: Report

New Delhi : Indian RE Sector Can Attract Rs 30L-crore Investment Between 2024-2030: Report. : saurenergy.com

INDIA’S POWER GRID EMERGES AS ONE OF THE LARGEST UNIFIED ELECTRICITY GRIDS IN WORLD: ECONOMIC SURVEY 2023-24

New Delhi : Power transmission in India is connected into one grid running on one frequency with the inter-regional capability of transferring 1,18,740 megawatts (MW). : Sarkaritel.com

India’s electricity grid is among world’s largest: Economic Survey

New Delhi : India’s power transmission system is emerging as one of the largest unified electricity grids in the world with the inter-regional capability of transferring 1,18,740 megawatts (MW) on one frequency, according to the Economic Survey 2023-24 tabled in the Parliament on Monday. : Sarkaritel.com

India makes major progress on residential solar rooftop scheme PM Surya Ghar

New Delhi : India makes major progress on residential solar rooftop scheme PM Surya Ghar. : Economic Times

Economic Survey: Solar installed capacity increased by over 25 times between 2014 to 2023

New Delhi : Economic Survey: Solar installed capacity increased by over 25 times between 2014 to 2023. : Economic Times

BluPine Energy secures financial closure for 120-MW solar project in Gujarat

New Delhi : BluPine Energy secures financial closure for 120-MW solar project in Gujarat. : Economic Times

Coal likely to remain backbone of country’s energy system for next two decades: Eco Survey

New Delhi : Coal likely to remain backbone of country’s energy system for next two decades: Eco Survey. : Economic Times

Economic Survey 2024: Govt’s initiatives for cleaner coal need to be promoted

New Delhi : Economic Survey 2024: Govt’s initiatives for cleaner coal need to be promoted. : Economic Times

India has ramped up its wind and solar energy. It now needs to expand places to store it

New Delhi : India has ramped up its wind and solar energy. It now needs to expand places to store it. : Economic Times

Suzlon Group Q1 results: Profit after tax nearly three-fold up at Rs 302 cr

New Delhi : Suzlon Group on Monday said its profit after tax (PAT) went up almost three-fold to Rs 302 crore in the June quarter, on the back of higher revenues. : Business Standard

JSW Energy secures LoAs for 500 MW solar plus storage, 300 MW solar projects

New Delhi : JSW Energy announced today that its arm JSW Neo Energy has received a letter of award from Solar Energy Corp. of India Ltd (SECI) for setting up a 500 MW solar power project along with 250 MW/500 MWh of energy storage systems. : pv-magazine.com

INDIA COMMITS TO 50% NON-FOSSIL FUEL POWER CAPACITY BY 2030: MINISTER OF POWER

New Delhi : Minister of Power, Manohar Lal today said India stands committed to achieve about 50 per cent cumulative electric power installed capacity from non-fossil fuel-based energy resources by 2030. : globalgreenews.com

JSW Neo Energy bags 500 MW solar project from SECI

New Delhi : JSW Energy on Monday said its subsidiary JSW Neo Energy has secured a contract to develop a 500 MW inter-state transmission system (ISTS) connected solar project along with 250 MW/500 MWh of energy storage systems from Solar Energy Corporation of India (SECI). : psuwatch.com

MNRE issues guidelines for incentivising DISCOMs under PM Surya Ghar Muft Bijli Yojana

New Delhi : The Ministry of New and Renewable Energy (MNRE) has issued guidelines for incentivising power distribution companies (DISCOMs) for the installation of rooftop solar projects under PM-Surya Ghar: Muft Bijli Yojana in the areas serviced by them. : psuwatch.com

Government issues Operational Guidelines of Incentives to DISCOMs under PM-SGMBY

New Delhi : Ministry of New and Renewable Energy has issued significant Scheme Guidelines for the implementation of ‘Incentives to DISCOMs’ under PM-Surya Ghar: Muft Bijli Yojana. : psuconnect.in

JSW To Add New Solar Capacities To Karnataka’s Pavagada Solar Park

New Delhi : JSW To Add New Solar Capacities To Karnataka’s Pavagada Solar Park. : saurenergy.com

Gensol Engineering wins bid for 150 MWp of solar projects in Gujarat

New Delhi : Gensol Engineering Ltd, a solar power engineering, procurement, and construction (EPC) services and electric mobility solutions provider, has emerged as winning bidder for 116 MW (150 MWp) of solar projects in Gujarat with total EPC revenue of around INR 600 crore ($71.7 million). : pv-magazine.com

Economic Survey: Navigating energy transition with energy security

New Delhi : Energy, with its strong positive correlation to every conceivable aspect of development, such as economic growth, access to education, improved health, availability of water, nutrition, infrastructure, and even life expectancy, can, as the phrase goes, ‘move mountains’. : Business Standard


Oil and Gas

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” New Delhi : In a significant milestone towards promoting sustainable, eco-friendly transportation solutions, IndianOil has handed over a state-of-the-art green hydrogen fuel cell bus to the Indian Navy. This landmark event was marked by the signing of a Memorandum of Understanding (MoU) between IndianOil and the Indian Navy to pioneer the deployment of hydrogen fuel cell technology for heavy-duty e-mobility.” : Sarkaritel.com

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” New Delhi : Oil India Limited (OIL), India’s oldest oil and gas company and the youngest Maharatna CPSE, signed a contract with Dolphin Drilling Limited, Norway, a leading drilling contractor for the offshore oil & gas industry, for the hiring of the ‘Anchor Moored Semi-Submersible Drilling Unit Blackford Dolphin’ on July 22, 2024, in Delhi.” : Sarkaritel.com

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” New Delhi : MRPL has opened it’s 108thHiQ brand fuel retail outlet at Tenkila on the Bypass Road of the Highway at Puttur. The Retail outlet ‘Maheshwar Petroleum’ is now set to serve Hi Quality Petrol and Deisel to its customer on this prominent location. MRPL is ONGC’s sole refinery and renowned for Hi Quality fuels offering best mileage to its customers.” : Sarkaritel.com

Government initiatives to increase Hydrocarbon Production

New Delhi : The government has been taking various steps to increase hydrocarbon production whichinter- alia include: : Sarkaritel.com

INDIA WITNESSSES PHENOMENAL GROWTH IN LPG INFRASTRUCTURE OVER PAST DECADE

New Delhi : India now has one of the most robust LPG supply infrastructure globally. Before April 2014, nearly 45% of Indian households didn’t have access to clean cooking fuels and were constrained to depend on traditional fuels like cow dung, biomass, firewood etc. : Sarkaritel.com

Number of LPG consumers in India surge by 125 per cent in last 10 years

New Delhi : The LPG infrastructure in India, over the last decade from 2014 to 2024, has surged with the bottling capacity shooting up by close to 70 per cent while the number of consumers has soared by nearly 125 per cent during this period, the Parliament was told on Monday. : Sarkaritel.com

Indian Oil Corporation targets USD 1 trillion revenue by 2047: Chairman

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New Delhi : Indian Oil Corporation targets USD 1 trillion revenue by 2047: Chairman. : Economic Times

Indian Navy takes leap into green transport with Indian Oil’s Hydrogen fuel cell bus

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New Delhi : Indian Navy takes leap into green transport with Indian Oil’s Hydrogen fuel cell bus. : Economic Times

Indian Oil sets out its non-oil business plan

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New Delhi : Indian Oil Corp aims to boost natural gas sales threefold and renewable energy capacity to 31 GW by 2030, besides building 5 GWh of lithium-ion battery-making capacity by 2031 as it diversifies its energy offerings. : Economic Times

HANDING OVER HYDROGEN BUS BY INDIAN OIL CORPORATION LIMITED TO INDIAN NAVY

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New Delhi : Under the auspices of the GOI’s green initiative and the National Green Hydrogen Mission, a collaborative effort by the Indian Navy and Indian Oil Corporation Limited has resulted in handing over of a Hydrogen Fuel Cell Bus by the IOCL to Indian Navy for trials and performance testing. : globalgreenews.com

OIL and Dolphin Drilling signs contract for hiring of Blackford Dolphin

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New Delhi : Oil India Limited (OIL) on Monday said that it has signed a contract with Dolphin Drilling Limited, Norway, a leading drilling contractor for the offshore oil & gas industry, for the hiring of the ‘Anchor Moored Semi-Submersible Drilling Unit Blackford Dolphin.’ : psuwatch.com

IOCL targets $1 trillion revenue by 2047 as per report

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New Delhi : Oil PSU Indian Oil Corporation is poised to become a $ 1 trillion company by 2047, combining growth in traditional oil refining and fuel marketing with clean energy avenues like green hydrogen and EV charging, the IOCL chairman said in a latest released report. : psuconnect.in

COVERAGE OF UJJWALA YOJANA

New Delhi : Pradhan Mantri Ujjwala Yojana (PMUY) was launched on 01.05.2016 to release deposit free LPG connection in the name of adult woman member of poor households across the country. : Sarkaritel.com

India- Only major economy with declining petrol & diesel prices

New Delhi : India has been the only major economy in the world where the prices of petrol and diesel have come down in recent years. Changes in prices of petrol and diesel in some major economies between November 2021 and April 2024 are as under: : Sarkaritel.com

Indian refiner BPCL sees further cuts in oil OSPs as fuel margins drop

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New Delhi : Indian refiner BPCL sees further cuts in oil OSPs as fuel margins drop. : Economic Times

Economic Survey 2024: Adopting gasification tech can revolutionise India’s coal sector

New Delhi : Economic Survey 2024: Adopting gasification tech can revolutionise India’s coal sector. : Economic Times

Oil prices rise as investors look for signs US rate cuts to begin

New Delhi : Oil prices rise as investors look for signs US rate cuts to begin. : Economic Times

Indian Oil equips Indian Navy with Green Hydrogen fuel cell bus

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New Delhi : In a significant milestone towards promoting sustainable, eco-friendly transportation solutions, Indian Oil has handed over a state-of-the-art green hydrogen fuel cell bus to the Indian Navy. : psuwatch.com

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