MEDIA UPDATE (JUNE 28, 2022)

Sarkaritel
By Sarkaritel June 28, 2022 06:51

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28-Jun-2022

Power

Coal India unit North Eastern Coalfields seeks clearances to operationalise 2 Assam mines in FY23

New Delhi : coal India unit North Eastern Coalfields is in the process of seeking clearances for putting into operation two of its mines in Assam in the current financial year. : Economic Times

EIL won ‘Special Commendation Award’ in Services Category

New Delhi : Engineers India Limited, won the “Special Commendation Award” in the Services Category in the 31st National Award for Innovative Training Practices for the year 2020-21. : psuconnect.in

OPINION: India’s electricity shortages ease as wind and hydro output rises: Kemp

London : India’s electricity shortages have eased over the last six weeks as renewables generation has increased seasonally and relieved some of the pressure on coal-fired units short of fuel. : Economic Times

Taiwan to raise electricity prices by average of 8.4 per cent

New Delhi : Taiwan will raise electricity prices by an average of 8.4 per cent starting from July 1 in response to rising global energy prices including a 15 per cent increase for large industrial users, the Economy Ministry said on Monday. : Economic Times

CIL braced up to meet its part of committed coal supplies to power sector: Chairman

New Delhi : As monsoon has hit many parts of the country, Coal India chairman Pramod Agrawal said the state-owned firm is braced up to meet its part of committed coal supplies to the power sector in the coming months, and stressed that building up dry fuel stock timely by electricity generating plants will be crucial. : Economic Times

Meter reading visits to end, smart power mgmt switches on from July

Chandigarh : A part of the city will experience something new in electricity management at the hands of the UT administration. Quick online detection of power thefts, no visits of staff for meter reading or checking and minute-by-minute consumption monitoring will be some of the new features that will be implemented for 24,200 consumers from July. : Economic Times

EU ministers seek deals on climate laws as economy woes test green pledges

New Delhi : Ministers from European Union countries will meet this week to attempt to agree joint plans to fight climate change, with some diplomats saying countries under economic pressure might water down some of the most ambitious targets proposed by Brussels. : Economic Times

Tokyo warned of power crunch as Japan endures heat wave

Tokyo, Japan : The Japanese government warned of possible power shortages Monday in the Tokyo region, asking people to conserve energy as the country endures an unusually intense heat wave. : Economic Times

Coal stock depletes, Haryana to buy 300MW from Arunachal Pradesh plant

New Delhi : Haryana has decided to buy 300MW of hydro power from Arunachal Pradesh for the next nine months amid speculation that the deficit in supply may touch 3,000MW over the next few weeks. : Economic Times

Chinese firm builds electric battery that enables 1,000-km on single charge

Beijling : China’s leading automotive lithium-ion battery maker, Contemporary Amperex Technology Co Ltd (CATL), revealed a new battery that provides electric vehicles with a driving range of over 1,000 km on a single charge. : Economic Times

Electricity charges revised in Kerala, to go up by 6.6 per cent

THIRUVANANTHAPURAM : The electricity tariff in Kerala is all set to go up by 6.6 per cent, the Kerala State Electricity Regulatory Commission announced on Saturday. : Economic Times

India’s top carmaker bets on hybrids over EVs in clean shift

New Delhi : Maruti Suzuki India Ltd., the automaker that sells every other car on the nation’s roads, believes electric vehicles aren’t the answer to reducing carbon emissions in the world’s third-biggest releaser of greenhouse gases — at least not in the immediate future. : Economic Times

In Ecuador’s Amazon, solar panels bring ‘fire canoe’ dream to life

New Delhi : Ecuador’s rainforest Achuar people say their ancestors long dreamed of a “fire canoe” or “electric fish” that would let them move swiftly along the region’s winding rivers, to more easily reach other distant Achuar communities in the largely roadless jungle. : Economic Times

India’s domestic raw coking coal production may touch 140 MT by 2030

New Delhi : The government on Saturday said the country’s domestic raw coking coal output may touch 140 million tonnes (MT) by 2030 from the present 51.7 MT. Coking coal is an essential raw material for the production of iron and steel. : Economic Times

Won’t budge till all coal mine projects withdrawn, say protesters on 111th day of stir

Raipur : After battling the scorching heat of the summer months while protesting against the clearances to coal mines projects in Hasdeo Arand region since March this year, villagers in Chhattisgarh’s Surguja district are now prepared to get drenched in the monsoon rains during their ongoing agitation. : Economic Times

Centre receives 38 bids for auction of coal mines for commercial mining

New Delhi : The union coal ministry on Monday said that it has received a total of 38 bids for auction of coal mines for commercial mining. : Mint

Adani, Ambani make Rs 1.68 trn investment pledge in Rajasthan: Report

New Delhi : Under the ‘Invest Rajasthan’ outreach programme, state Chief Minister Ashok Gehlot led Rajasthan government received the biggest investment pledges from Gautam Adani-led Adani Group and the Mukesh Ambani chaired Reliance Industries Ltd (RIL), a report by The Indian Express said. : Business Standard

Government of India confers First prize on SJVN for Swachhta

Shimla : Sh. Nand Lal Sharma, Chairman & Managing Director, SJVN today informed that SJVN has bagged 1st position in Swachhta Pakhwada Award 2022. : psuconnect.in

Siemens Gamesa, Doosan Enerbility Sign Strategic MoU For Korean Offshore Wind

New Delhi : Siemens Gamesa, Doosan Enerbility Sign Strategic MoU For Korean Offshore Wind. : saurenergy.com

Battery Swapping Primer: A Viable Alternative to Charging Stations

New Delhi : Niti Aayog released the first draft of the Battery Swapping Policy 2022. : saurenergy.com

MNRE Will Invite Bids From States For 8,000 MW Power From Stranded Thermal Plants

New Delhi : MNRE Will Invite Bids From States For 8,000 MW Power From Stranded Thermal Plants. : saurenergy.com

EDP Renewables to Invest $1.58 Billion to Develop Offshore Wind Projects

New Delhi : EDP Renewables to Invest $1.58 Billion to Develop Offshore Wind Projects. : mercomindia.com

Battery Smart Raises $25 Million in Funding to Expand its Battery-Swapping Network

New Delhi : Battery Smart Raises $25 Million in Funding to Expand its Battery-Swapping Network. : mercomindia.com

Bids Invited for 10 MW of Solar Power Projects in Jharkhand

New Delhi : Bids Invited for 10 MW of Solar Power Projects in Jharkhand. : mercomindia.com

Indian Oil Invites Bids for a 1 MW Captive Solar Project in Jaipur

New Delhi : Indian Oil Invites Bids for a 1 MW Captive Solar Project in Jaipur. : mercomindia.com

IIT develops solar-based root zone heating system for plants in high-altitude areas

New Delhi : Researchers at the Indian Institute of Technology (IIT), Kanpur have developed a solar energy-based root zone heating system and vermi-bed method for plants in high-altitude areas. : Economic Times

ElectriVa to set up 12 charging points in Kanpur

New Delhi : Electric vehicle Charging startup ElectriVa will set up 12 charging points in Kanpur, Uttar Pradesh as per city’s municipal corporation plan to install charging stations across the city. : Economic Times

Power companies ask EU to step in on Spanish profit claw-back plan

New Delhi : Groups representing some of Europe’s biggest energy companies have asked the European Union to intervene over Spain’s plan to take profits from carbon-free power plants that are deemed to have benefited from a rally linked to fossil fuel, a letter seen by Reuters showed. : Economic Times

LG Electronics advances into electric vehicle charging business

New Delhi : LG Electronics said on Sunday it has acquired a domestic EV charging maker to advance into the EV charging solutions business amid a global electrification push. : Economic Times

Battery Smart raises USD 25 mn from Tiger Global, others

Mumbai : EV battery swapping startup Battery Smart on Monday said it has raised USD 25 million (around Rs 195 crore) in a funding round led by Tiger Global and others for business expansion. “Battery Smart has closed its series A round of USD 25 million. : Economic Times

Electric bus of 2nd batch to hit roads on June 28

Chandigarh : To reduce air and noise pollution and dependence on fossil fuels, UT administrator Banwari Lal Purohit, accompanied by MP Kirron Kher, will flag off the first vehicle of the second batch of 40 electric buses on June 28 from Punjab Raj Bhawan. : Economic Times

Punjab AAP’s 1st Budget gives 300 units of free electricity to households

Chandigarh : A day after a humiliating electoral defeat in its stronghold parliamentary seat, the Aam Aadmi Party (AAP) government in Punjab in its first Budget on Monday proposed to spend Rs 1.55 lakh crore with no new tax, and also provisioned for supplying 300 units of free electricity each month to every household from July 1. : Economic Times

CIL to CCL: Maintain coal supplies to thermal plants to suit present needs

Ranchi : Coal India Limited (CIL) chairman Pramod Agarwal on Sunday asked the officials of Central Coalfields Limited (CCL) to maintain the current volume of coal supply to its client thermal power plants despite a possible dip in power consumption nationally during the monsoon season. : Economic Times

Electric vehicle maker OSM to setup retrofit plant in Punjab at $25 million

New Delhi : EV Maker Omega Seiki Mobility is setting up a retrofit facility to convert internal combustion engine (ICE)-powered vehicles into electric vehicles near Chandigarh at an investment of USD 25-million. : Economic Times

Punjab power demand past 13k MW again

Patiala : A 900-megawatt increase on Friday after a week’s drop in the paddy season due to rain took Punjab’s power demand to 13,243 MW without any shortage, as opposed to last year’s massive power cuts once the demand had touched 12,800 MW and the supply had fallen 1,400 MW short. : Economic Times

Government to invite bids for power from 8,000 MW thermal capacities without PPAs

New Delhi : The government will invite bids from states to sell electricity generated from 8,000 megawatt (MW) thermal capacities without PPAs, Power Minister RK Singh has said. A total of 8,000 MW of thermal capacities in India are without any power purchase agreements, Singh, who is also the Minister for New and Renewable Energy, told PTI. : Economic Times

Government to invite bids for power from 8,000 MW thermal capacities without PPAs

New Delhi : The government will invite bids from states to sell electricity generated from 8,000 megawatt (MW) thermal capacities without PPAs, Power Minister RK Singh has said. A total of 8,000 MW of thermal capacities in India are without any power purchase agreements, Singh, who is also the Minister for New and Renewable Energy, told PTI. : Economic Times

Few takers for renewable energy certificates despite policy push

New Delhi : Despite a massive policy push for renewable energy, there is negligible participation of voluntary buyers for renewable energy certificates (REC). : Mint

Haryana cabinet gives nod to supplementary PPA agreement with Adani Power

New Delhi : The Haryana Cabinet here on Monday gave approval regarding signing of a supplementary power purchase agreement with Adani Power Ltd, months after the power firm stopped supply of power due to rising prices of imported coal. : Business Standard

Coal India, Director Technical B. Veera Reddy reviews SECL’s 3 OCP

New Delhi : Shri. B. Veera Reddy, Director-Technical, Coal India Limited, and Shri. Niladri Roy, ED-Production, Coal India Limited, visited and reviewed the operations of Dipka, Gevra & Kusmunda OCPs of South Eastern Coalfields Ltd. : psuconnect.in

HPCL Tender For Feasibility Study Of 100-150 MW Wind-Solar Hybrid BESS

New Delhi : HPCL Tender For Feasibility Study Of 100-150 MW Wind-Solar Hybrid BESS. : saurenergy.com

Tender For 409 EV Chargers Floated By Rajasthan Electronics

New Delhi : A tender for 409 EV chargers has been released by Rajasthan Electronics and Instruments (REIL). : saurenergy.com

Sungrow Leads the Inverter Race Globally After Shipping 47.1 GW Products in 2021

New Delhi : Sungrow Leads the Inverter Race Globally After Shipping 47.1 GW Products in 2021. : saurenergy.com

MAHAGENCO Floats Solar EPC Tenders for 25 MW, 2 MW

New Delhi : MAHAGENCO Floats Solar EPC Tenders for 25 MW, 2 MW. : saurenergy.com

Gautam Solar Strengthens Distribution For Faster Response

New Delhi : Gautam Solar Strengthens Distribution For Faster Response. : saurenergy.com

Pine Gate Renewables Secures $500 Million Financing from Generate Capital

New Delhi : Pine Gate Renewables Secures $500 Million Financing from Generate Capital. : mercomindia.com

Mecwin to Invest ₹500 Million in EV Components Manufacturing Plant in Karnataka

New Delhi : Mecwin to Invest ₹500 Million in EV Components Manufacturing Plant in Karnataka. : mercomindia.com

EnBW to Acquire 800 MW of Solar Projects from Procon in Germany

New Delhi : EnBW to Acquire 800 MW of Solar Projects from Procon in Germany. : mercomindia.com

Tata Power Solar Commissions 70 MW Floating Solar Project For NTPC

New Delhi : Tata Power Solar Commissions 70 MW Floating Solar Project For NTPC. : mercomindia.com

Haryana cabinet to take call on signing supplementary PPA with Adani today

Chandigarh : Power purchase agreement with Adani Power Ltd for supplying about 1,200 MW of power generated from domestic coal at agreed tariff of ₹2.94 per unit to get 1200 MW power generated from domestic coal. : Hindustan Times

Rajasthan High Court Dismisses Petition Against Land Allotment For 450 MW Project

New Delhi : Rajasthan High Court Dismisses Petition Against Land Allotment For 450 MW Project. : saurenergy.com

Daily News Wrap-Up: NTPC Commissions Last Part of 92 MW Floating Solar Project

New Delhi : Daily News Wrap-Up: NTPC Commissions Last Part of 92 MW Floating Solar Project. : mercomindia.com


Oil and Gas

OIL CMD, Sushil Chandra Mishra to superannuate on June 30

New Delhi : Chairman & Managing Director, Oil India Limited Sushil Chandra Mishra will superannuate from his role as Chairman and Managing Director on June 30, 2022. A farewell ceremony was organised at the Duliajan Club where he was felicitated by representatives of various organisations. : psuconnect.in

Indian Oil Invites Bids for a 1 MW Captive Solar Project in Jaipur

New Delhi : Indian Oil Invites Bids for a 1 MW Captive Solar Project in Jaipur. : mercomindia.com

BPCL concludes its flagship program with a grand Finale

Mumbai : The Brand Quiz Baadshah, Bharat Petroleum’s flagship internal communication and knowledge-enhancing program for employees, concluded with a grand Finale held in Mumbai this weekend. It has carved out a unique place for itself, with its scale and level of participation. : psuconnect.in

Fitch affirms ‘BBB-‘ rating to GAIL, outlook stable

New Delhi : Fitch Ratings has affirmed a ‘BBB-‘ rating to gas utility GAIL (India) Ltd, with a stable outlook, on premise that the firm’s financial profile will remain strong. Its rating is capped by the Indian sovereign rating of ‘BBB-‘. The government owns 51.52 per cent in GAIL. : Economic Times

After 5 months, ONGC finally gets a director on HPCL board

New Delhi : After over five months, Oil and Natural Gas Corporation (ONGC) has finally got a director appointed on the board of Hindustan Petroleum Corporation Ltd — a firm it had acquired for Rs 36,915 crore. : Economic Times

HPCL Tender For Feasibility Study Of 100-150 MW Wind-Solar Hybrid BESS

New Delhi : HPCL Tender For Feasibility Study Of 100-150 MW Wind-Solar Hybrid BESS. : saurenergy.com

Concerns grow that India being used as potential ‘back door’ into Europe for Russian oil

London : Concerns are growing that India is being used as a potential back door into Europe for Russian oil supplies, given the surge in imports, media reports said. : Economic Times

Crude oil prices volatile ahead of G7 discussions on Russian exports

New Delhi : Oil prices edged down on Monday in a volatile session as investors stood on guard for any moves against Russian oil and gas exports that might come out of a meeting of leaders of the Group of Seven (G7) nations in Germany. : Business Standard

Russia-Ukraine war: G7 leaders mull untried plan to manipulate oil prices

New Delhi : Leaders of the Group of 7 nations said they would stop buying gold from Moscow and discussed a new American proposal to undercut its oil revenues, even as Russian forces rained missiles on Kyiv for the first time in weeks. : Business Standard

Oil Extends Gains on Supply Disruptions Ahead of OPEC+ Meeting

New Delhi : Oil rose for a third session as threats to global output risked tightening the market further before OPEC+ meets this week to discuss supply. : Bloomberg

Oil prices slip ahead of G7 talks on new Russian sanctions

London : Oil prices edged lower on Monday in a volatile session as investors waited for any moves against Russian oil and gas exports that might come out of a meeting of leaders of the Group of Seven (G7) nations in Germany. : Economic Times

India’s petroleum products’ export falls 1 per cent in May after rising 22 per cent in April

New Delhi : Export of petroleum products fell 1 per centin May over the year after rising 22 per centin April as demand soared in the domestic market, according to the oil ministry data. : Economic Times

EU ministers seek deals on climate laws as economy woes test green pledges

New Delhi : Ministers from European Union countries will meet this week to attempt to agree joint plans to fight climate change, with some diplomats saying countries under economic pressure might water down some of the most ambitious targets proposed by Brussels. : Economic Times

Ecuador oil output halved, indigenous leader says protests to carry on

New Delhi : Ecuador’s oil production has fallen by more than half due to road blockades and vandalism connected to nearly two weeks of anti-government protests, the energy ministry said on Sunday. : Economic Times

G7 leaders debate fossil fuel investments amid energy crisis: sources

New Delhi : Some of the leaders of the Group of Seven (G7) rich democracies are pushing for an acknowledgement of the need for new financing for fossil energies investments, two sources told Reuters on Sunday, as European states scramble to diversify supplies. : Economic Times

Oil slides more than $1 as G7 debate Iran nuclear deal, Russia

Singapore : Oil prices slipped more than $1 a barrel on Monday as global economic concerns depressed the oil demand outlook while investors eyed the G7 meeting this week for possible moves on Russian oil exports and a revival of the Iran nuclear deal. : Economic Times

Oil extends gains ahead of G7 discussions on Russian exports

New Delhi : Oil prices extended gains on Monday as investors stood on guard for any moves against Russian oil and gas exports that might come out of a meeting of leaders of the Group of Seven (G7) nations meeting in Germany. : Economic Times

Adani, Ambani make Rs 1.68 trn investment pledge in Rajasthan: Report

New Delhi : Under the ‘Invest Rajasthan’ outreach programme, state Chief Minister Ashok Gehlot led Rajasthan government received the biggest investment pledges from Gautam Adani-led Adani Group and the Mukesh Ambani chaired Reliance Industries Ltd (RIL), a report by The Indian Express said. : Business Standard

Value of Norway government petroleum assets rises, study shows

Oslo : The value of the Norwegian government’s direct investments in oil and natural gas fields is now estimated at 1,584 billion Norwegian crowns ($162 billion), an increase of 540 billion since 2020, the country’s industry ministry said on Monday. : Economic Times

US says G7 advancing on drafting Russian oil price cap plan

New Delhi : G7 nations on Monday ratcheted up economic pressure against Moscow with progress in talks on capping Russian oil prices and new sanctions hobbling Russia’s defence industry. : Economic Times

France is working on energy contingency plans, says finance minister

Paris, France : France is working on energy contingency plans because of cuts to gas flows from Russia which have hit the European market but it has not yet had to put them into action, Finance Minister Bruno Le Maire said on Monday. : Economic Times

India’s petroleum products’ export falls 1% in May after rising 22% in April

New Delhi : Export of petroleum products fell 1% in May over the year after rising 22% in April as demand soared in the domestic market, according to the oil ministry data. : Economic Times

Sarkaritel
By Sarkaritel June 28, 2022 06:51