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MEDIA UPDATE (June 08, 2024)

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08-June-2024

Power

CMD, NLCIL receives ‘Most efficient Navratna’ PSU Award

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Chennai : Shri Prasanna Kumar Motupalli, Chairman and Managing Director, NLC India Limited has been conferred with the Most efficient Navratna PSU of the year 2023 award – Manufacturing’ category, by Dalal Street Investment Journal, one of the prestigious investment magazines in India. : psuconnect.in

NTPC Kahalgaon Builds Bihar First Cement free Geopolymer Road

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New Delhi : In a significant stride towards sustainable infrastructure, Shri Ajay Sharma, Head of Project at NTPC Kahalgaon, inaugurated a pioneering Geopolymer Road on World Environment Day. : psuconnect.in

POWERGRID’s CC Team featured in India’s 30 Top Corporate Communications Teams for 2024

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New Delhi : POWERGRID’s Team Corporate Communications has been featured in India’s 30 Top Corporate Communications Teams for 2024 for the fourth time by Reputation Today. : psuconnect.in

Railways rushes more coal to power plants to meet peak summer demand

New Delhi : Railways rushes more coal to power plants to meet peak summer demand. : Economic Times

IEA urges countries to accelerate renewables deployment

New Delhi : The IEA‘s latest report outlines countries’ ambitions and implementation plans for renewable energy and notes that they are not aligned with the deployment goals set at COP28. : pv-magazine.com

Adani Solar top performer for seventh year in Kiwa PVEL’s PV Module Reliability Scorecard

New Delhi : Adani Solar has been recognized as a Top Performer in the 10th Edition of Kiwa PVEL’s PV Module Reliability Scorecard. Kiwa PVEL is an independent laboratory serving the downstream solar industry. : pv-magazine.com

THDC, PSSC ink strategic MoU to impart power sector training

New Delhi : THDC India Limited (THDCIL) and the Power Sector Skill Council (PSSC), New Delhi, have entered into a strategic partnership through a memorandum of understanding (MoU) signed at the Takshashila Sustainable Livelihood & Community Development Centre (HRD) of THDCIL in Rishikesh on Friday. : psuwatch.com

WCL and NTPC signs Agreement for coal supply

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New Delhi : Western Coalfields Limited (WCL) and NTPC Limited signed an agreement on a cost-plus basis for coal supply on 06.06.2024. According to this agreement, coal will be supplied to the NTPC Limited plant from the Gauri Central open mine in the Ballarpur area of WCL. : psuconnect.in

KPI Green Energy Leads Winning Bidders With Rs 3.33 Bid For GUVNL Hybrid Auction

New Delhi : KPI Green Energy Leads Winning Bidders With Rs 3.33 Bid For GUVNL Hybrid Auction : saurenergy.com

NTPC Invites Bids for 1.15 MW Rooftop Solar Project at ICMR

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New Delhi : NTPC Invites Bids for 1.15 MW Rooftop Solar Project at ICMR. : mercomindia.com

India Adds 1.8 of Solar Open Access Capacity in Q1

New Delhi : India Adds 1.8 of Solar Open Access Capacity in Q1. : mercomindia.com

Solar, Wind Support Thermal in Meeting India’s Unprecedented Power Demand

New Delhi : Solar, Wind Support Thermal in Meeting India’s Unprecedented Power Demand. : mercomindia.com

How each Indian state fares in the shift to renewable energy

New Delhi : India’s energy transition journey is showing progress. According to Ember, a UK-based think tank’s latest report on Indian States’ Electricity Transition (SET), 21 states across India exhibit some growth in renewables. : cnbc.com

Increased demand from power plants drives IGX trading volume up by 480% YoY

New Delhi : Increased demand from power plants drives IGX trading volume up by 480% YoY. : Economic Times

IPEF Forum: India eyes $500 billion investment in renewable sector

New Delhi : IPEF Forum: India eyes $500 billion investment in renewable sector. : Economic Times

NCLT allows fresh round of bidding for KSK Mahanadi

New Delhi : The National Company Law Tribunal (NCLT) Thursday allowed KSK Mahanadi Power Company Ltd’s committee of creditor (CoC) to invite fresh bids for the company. : Economic Times

IIT-Jodhpur develops special adaptor to charge EVs using solar panels

New Delhi : IIT-Jodhpur has developed a special adaptor that will allow users to charge their electric vehicles using solar power. : Business Standard

Solar panel import tariffs are affecting the US industry by increasing prices by up to 286%

New Delhi : As the United States reassesses its shrinking manufacturing base relative to China’s expanding influence and considers the global geopolitical landscape, solar panel import tariffs continue to play a pivotal role in shaping the industry. : pv-magazine.com

World’s largest solar plant goes online in China

New Delhi : China Green Electricity Investment of Tianjin, a subsidiary of China Green Development Group (CGDG), has switched on the 3.5 GW Midong PV farm in Urumqi, China’s Xinjiang region. : pv-magazine.com

GUVNL allocates 500 MW hybrid wind-solar at $0.040/kWh

New Delhi : Gujarat Urja Vikas Nigam Ltd (GUVNL) has allocated 500 MW of hybrid wind-solar projects at an average price of INR 3.36 ($0.040)/kWh, in its tender for 500 MW hybrid RE projects with green shoe option of additional 500 MW. : pv-magazine.com

Adani to invest over $1 billion in Sri Lankan wind projects

New Delhi : Adani Group plans to invest over USD 1 billion in setting up projects in Sri Lanka to generate electricity from wind in what would be the island nation’s single largest foreign direct investment and the biggest ever power project, sources said. : psuwatch.com

SECL will supply 28.24 lakh tonnes of coal annually to NTPC Khargone

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New Delhi : A fuel supply agreement was signed between South Eastern Coalfields Limited (SECL) and NTPC for coal supply to NTPC Khargone on 06 June 2024. : psuconnect.in

THDCIL Partners with PSSC to Lead Skill Development in the Power Industry

New Delhi : THDC India Limited (THDCIL) and the Power Sector Skill Council (PSSC), New Delhi, have entered into a strategic partnership through a Memorandum of Understanding (MoU) signed at the Takshashila Sustainable Livelihood & Community Development Centre (HRD) of THDCIL in Rishikesh on June 7, 2024. : psuconnect.in

Top Headlinesfrom the Indian Reneawable sector in May 2024

New Delhi : Top Headlinesfrom the Indian Reneawable sector in May 2024. : mercomindia.com

Tripling Global Renewable Energy Capacity by 2030 a Challenge: IEA

New Delhi : Tripling Global Renewable Energy Capacity by 2030 a Challenge: IEA. : mercomindia.com

NTPC Subsidiary Invites Bids for 1.6 MW of Rooftop Solar Projects in Telangana

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New Delhi : NTPC Subsidiary Invites Bids for 1.6 MW of Rooftop Solar Projects in Telangana. : mercomindia.com

India will need $190-$215 bn investment for renewable energy capacity target

New Delhi : Domestic power sector is poised to experience substantial investment, primarily propelled by renewable energy and electricity transmission projects, stated Moody’s Ratings on Tuesday. : New Indian Express

KSEB gets additional grant of Rs 653.95 crore from Centre

THIRUVANANTHAPURAM : The Union government has provided additional grants of Rs 653.95 crore to the KSEB to tide over the losses in power distribution. : New Indian Express


Oil and Gas

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” Mangalore : Enthusiastic Children of Borugudde Govt. School assisted MRPL to kick-start their ambitious Mass Tree Plantation Drive wherein 8000 Trees are planned to be planted in the surroundings of MRPL during the year 2024-25. The event was held at Borugudde on 06.06.2024.” : Sarkaritel.com

GAIL CMD reviewed ongoing natural gas pipeline project in Tamil Nadu

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New Delhi : Shri Sandeep Kumar Gupta, Chairman and Managing Dircetor of GAIL took a review of the ongoing Natural Gas pipeline project from Krishnagiri to Coimbatore in Tamil Nadu on June 5th and 6th, 2024. : psuconnect.in

ONGC seeks technical help to raise oil, gas output at Mumbai High field

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New Delhi : State-owned Oil and Natural Gas Corporation (ONGC) is seeking help from an internationally-proven technical service provider to raise oil and gas production from its flagship but old and maturing Mumbai field in the Arabian Sea. : Business Standard

Over 81,000 petroleum outlets now, PMUY expands with 75 lakh new connections: PPAC

New Delhi : Over 81,000 petroleum outlets now, PMUY expands with 75 lakh new connections: PPAC. : Economic Times

India’s May fuel use inches up on month on strong industrial activity

New Delhi : India’s fuel consumption edged higher in May from the previous month, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed on Friday, as strong industrial activity and general elections boosted fuel demand in Asia’s third-largest economy. : Economic Times

Crude oil pares weekly loss as Opec+ says it can cancel supply hike

New Delhi : Oil futures pared a weekly loss after some members of Opec+ signaled that a plan to revive halted supplies may yet be canceled. : Business Standard

ONGC seeks to engage international oil majors to enhance production from Mumbai High

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New Delhi : Maharatna PSU Oil & Natural Gas Corporation (ONGC) is seeking to engage an internationally-proven ‘Technical Service Provider’ for enhancing oil and gas production from one of its prime, but mature assets, Mumbai High fields. : psuwatch.com

Petrol, Diesel Price Today: Check Latest Fuel Prices In Your City On June 7

New Delhi : Petrol, Diesel Prices On June 7, 2024: Oil marketing companies have updated the petrol and diesel prices on Friday, June 7. Check the latest petrol, and diesel prices to know if there is an increase in the amount that you have to shell out for a litre. : news18.com

Saudi Arabia to raise $11.2 billion from Aramco’s mega share sale: Here’s why foreign investors stole the show

New Delhi : Saudi Arabia will raise $11.2 billion from Saudi Aramco’s mega stock offering, the biggest such deal globally in about three years. The share sale deal will help fund a multitrillion-dollar push to transform the kingdom’s economy. : Mint

PNGRB moves to regulate existing & upcoming LNG terminals

New Delhi : The Petroleum and Natural Gas Regulatory Board (PNGRB) has floated a draft proposal to regulate existing and upcoming Liquefied Natural Gas (LNG) terminals as the ones already existing remain underutilised. : psuwatch.com

MECL and ONGC to Strengthen ties for energy future

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New Delhi : Shri. Indra Dev Narayan, Chairman and Managing Director, MECL and Shri. Ghanshyam Sharma, Director (Finance), MECL, paid a courtesy visit to Shri. Arun Kumar Singh, Chairman & CEO of ONGC. The officials discuss the strengthening ties for a brighter energy future. : psuconnect.in

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