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MEDIA UPDATE (March 05, 2024)

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05-Mar-2024

Power

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” New Delhi : The Prime Minister, Narendra Modi inaugurated, dedicated to the nation and laid the foundation stone of multiple developmental projects related to power, rail and road sectors worth more than Rs. 56,000 crores in Adilabad, Telangana today.” : Sarkaritel.com

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” New Delhi : Prime Minister inaugurates 380 MW Solar Project being implemented by NHPC as REIA and lays foundation stone of 1200 MW Jalaun Ultra Mega Renewable Energy Power Park of BSUL (NHPC’s JV with UPNEDA).” : Sarkaritel.com

REC Joins Hands With UNISED To Support Education Of Children In Siddharthnagar District Of Uttar Pradesh

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New Delhi : REC Limited, a Maharatna Central Public Sector Undertaking, under the Ministry of Power and a leading Non-Banking Finance Company, has partnered with the Unit of Science and Educational Development (UNISED) to support the education of around 75,500 children of Siddharthnagar district, Uttar Pradesh. : indianpsu.com

PM Modi to launch development projects worth over ?1 lakh crore in multi-state tour

New Delhi : PM Modi to launch development projects worth over ?1 lakh crore in multi-state tour. : Economic Times

SECI to issue tender for 500-MW concentrated solar-thermal power project

New Delhi : SECI to issue tender for 500-MW concentrated solar-thermal power project. : Economic Times

Powergrid to raise Rs 1,200 cr via bonds

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New Delhi : Power Grid Corporation of India (Powergrid) on Monday said its board has approved a proposal to raise up to Rs 1,200 crore by issuing bonds. : Economic Times

Rays Power Infra bags 3 solar projects of 520 MWp

New Delhi : Rays Power Infra bags 3 solar projects of 520 MWp. : Economic Times

Nagpur buildings to become net-zero by 2050

Nagpur : Nagpur buildings to become net-zero by 2050. : Economic Times

SECI to issue tender for 500-MW concentrated solar-thermal power project

New Delhi : SECI to issue tender for 500-MW concentrated solar-thermal power project. : Economic Times

India’s coal output surges 27.06%, shipments up 29.14% in FY24

New Delhi : India’s coal output surges 27.06%, shipments up 29.14% in FY24. : Economic Times

Rooftop solar installations rise 6.25 pc to 1.7 GW in 2023: Mercom

New Delhi : Rooftop solar installations rise 6.25 pc to 1.7 GW in 2023: Mercom. : Economic Times

Narendra Modi inaugurates NTPC’s most-efficient, 800 MW power station in Telangana

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New Delhi : Prime Minister Narendra Modi inaugurated state-run NTPC Limited’s most -efficient thermal power station of capacity 800 MW in Telangana on Monday along with a bunch of other key energy projects, including green hydrogen, solar power, flue gas CO2 to ethanol, fly ash, among others. : psuwatch.com

PM dedicates 7 projects of SJVN worth investment of Rs 5,515 crores

New Delhi : Prime Minister Narendra Modi virtually dedicated to the nation four power stations of SJVN namely 60 MW Naitwar Mori Hydro Power Station in Uttarakhand, 75 MW Parasan Solar Power Station, 75 MW Gurhah Solar Power Station and 50 MW Gujrai Solar Power Station in Uttar Pradesh in a ceremony at Adilabad, Telangana on Monday. : psuwatch.com

PM inaugurates, lays foundation stone of 8 projects of Power Grid worth Rs 56,000 crores

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New Delhi : Prime Minister Narendra Modi dedicated 7 projects & laid foundation stone of 1 project of Power Grid as part of several power & infra projects worth over Rs 56,000 crore on Monday. Union Power Minister RK Singh also witnessed the ceremony of power projects from Maharani Bagh Sub-staion. : psuwatch.com

India gets Rs 30 crore worth of NTPC projects

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New Delhi : Hon’ble Prime Minister Shri Narendra Modi today dedicated to the nation and laid the foundation of a series of NTPC projects worth Rs 30,023 crore, signalling a significant leap towards sustainable development and economic growth. : psuconnect.in

IFFCO moves NCLT against Triumph Offshore, Swan Energy

New Delhi : IFFCO moves NCLT against Triumph Offshore, Swan Energy. : Economic Times

BluPine Energy acquires 369 MW solar assets from Acme Group

New Delhi : BluPine Energy acquires 369 MW solar assets from Acme Group. : Economic Times

PM Modi to dedicate and launch NTPC projects worth ?30,023 crore

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New Delhi : PM Modi to dedicate and launch NTPC projects worth ?30,023 crore. : Economic Times

SJVN Green Energy bags 200 MW solar project

New Delhi : SJVN Green Energy bags 200 MW solar project. : Economic Times

Peak power demand estimated to rise 7% to 260 GW this summer

New Delhi : Peak power demand in the country is estimated to rise by seven per cent year-on-year to 260 GW this summer, according to a senior official. The peak power demand during the summer of 2023 touched 243 GW against a projection of 229 GW. : Economic Times

This state-run power generation large-cap has zoomed 102% so far in FY24

New Delhi : Shares of NTPC rallied 4 per cent to hit a fresh high of Rs 354 on the BSE in Monday’s intra-day trade. The rally comes as Prime Minister Narendra Modi will lay the foundation stone today for the power company’s various projects worth Rs 30,023 crore. : Business Standard

CEA Honours Nation’s Frontline Power Sector Workers At Fourth Edition Of Lineman Diwas

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New Delhi : The Central Electricity Authority (CEA), Ministry of Power honoured the frontline workers of the nation’s power sector, at the celebration of the fourth edition of Lineman Diwas in New Delhi today, 4th March, 2024. : indianpsu.com

SJVN secures 200 MW Solar Project in Khavda Solar Park, Gujarat

New Delhi : SJVN Limited through its wholly owned subsidiary, SJVN Green Energy Limited (SGEL), has secured 200 MW Solar Project at a tariff of Rs 2.66 per unit in an e-Reverse auction conducted by Gujarat Urja Vikas Nigam Limited (GUVNL). : psuwatch.com

Power Grid to raise Rs 1,200 crore via bonds

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New Delhi : Power Grid Corporation of India (Power Grid) on Monday said its board has approved a proposal to raise up to Rs 1,200 crore by issuing bonds. : psuwatch.com

NTPC Green Energy, UP Rajya Vidyut to jointly develop RE projects

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New Delhi : NTPC Green Energy Limited (NGEL) has signed a joint venture agreement with Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) to develop renewable power parks and projects in Uttar Pradesh. : psuwatch.com

SCCL To Set Up 800 MW Solar Plants On Reservoirs In Telangana

New Delhi : SCCL To Set Up 800 MW Solar Plants On Reservoirs In Telangana. : saurenergy.com

PM Modi Inaugurates Several Solar Projects In Rajasthan, UP, Other States

New Delhi : PM Modi Inaugurates Several Solar Projects In Rajasthan, UP, Other States. : saurenergy.com

GRSE & IRS Collaborate on Development of Green Energy and Autonomous Vessels

Kolkata : Garden Reach Shipbuilders and Engineers Ltd. (GRSE) and Indian Register of Shipping (IRS) have reaffirmed their commitment to innovation, new technology adoption and sustainability with the signing of a Memorandum of Understanding (MoU) on 02 Mar 24 on the development of Green Energy and Autonomous Vessels, aimed at revolutionizing the maritime industry. : psuconnect.in

Centre Amends Electricity, Late Payment Surcharge Rules 2022

New Delhi : Centre Amends Electricity, Late Payment Surcharge Rules 2022. : saurenergy.com

UPNEDA Invite Bids For 5MW Grid-Connected Solar Project In Mau

New Delhi : UPNEDA Invite Bids For 5MW Grid-Connected Solar Project In Mau. : saurenergy.com

PM Modi Dedicates SJVN’s Seven Projects with Rs 5515 cr investment

New Delhi : In a proud moment for SJVN, Hon’ble Prime Minister Shri Narendra Modi virtually Dedicated to the Nation four Power Stations of SJVN namely 60 MW Naitwar Mori Hydro Power Station in Uttarakhand. : psuconnect.in

SJVN arm bags order to develop 200MW solar project in Gujarat

New Delhi : According to the company filing, as per Regulation 30 of the SEBI [Listing Obligations and Disclosure Requirements], it is informed that the Wholly-owned Subsidiary of the Company . : psuconnect.in


Oil and Gas

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” New Delhi : In a significant stride towards achieving 100% coverage of country’s area for the development of City Gas Distribution (CGD) network, the Petroleum and Natural Gas Regulatory Board (PNGRB) hosted a Concluding Ceremony for the 12th CGD Bidding Round here today. ” : Sarkaritel.com

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” New Delhi : Union Steel Minister Jyotiraditya M. Scindia on Monday virtually inaugurated India’s first Green Hydrogen Plant in the stainless steel sector located at Jindal Stainless Limited in Haryana’s Hisar.” : Sarkaritel.com

Prime Minister Dedicates BPCL Projects worth Rs 9,800 Crore to Nation

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Mumbai : Honourable Prime Minister, Shri Narendra Modi on Saturday, March 2, laid the foundation stone for the launch of 9 projects led by Bharat Petroleum Corporation Limited (BPCL), a leading Fortune 500 Maharatna Energy Conglomerate, at an event in Bengusarai, Bihar. : psuconnect.in

GAIL celebrates the 53rd National Safety Week Campaign

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New Delhi : On this special occasion, Shri Sandeep Kumar Gupta, CMD, GAIL emphasized GAIL’s unwavering commitment to workplace safety. : psuconnect.in

India-UAE non-oil trade target of USD 100 billion by 2030 ambitious, but achievable: CII President

New Delhi : India-UAE non-oil trade target of USD 100 billion by 2030 ambitious, but achievable: CII President. : Economic Times

Russia to cut oil output by 471,000 bpd in second quarter

New Delhi : Russia to cut oil output by 471,000 bpd in second quarter. : Economic Times

OPEC+ extends output cuts through Q2; Russia announces additional reductions: S&P GCI

New Delhi : OPEC+ extends output cuts through Q2; Russia announces additional reductions: S&P GCI. : Economic Times

Saudi extends voluntary oil cut of 1 mn barrels a day

New Delhi : Saudi extends voluntary oil cut of 1 mn barrels a day. : Economic Times

Swan Energy’s LNG arm prepays Rs 2,206 crore debt

New Delhi : Swan Energy on Monday said its natural gas business arm Swan LNG Pvt Ltd has prepaid Rs 2,206 crore of loan taken from a consortium of lenders. : Economic Times

India sees Rs 41,000 crore investment for natural gas network in Kashmir, northeast

New Delhi : India expects investment of about Rs 41,000 crore ($4.95 billion) from companies to build natural gas pipeline infrastructure in its northeastern states and northern federal territories of Kashmir and Ladakh, a minister said on Monday. : Economic Times

Full benefit of gas reforms hasn’t reached end user: Hardeep Puri

New Delhi : The full benefit of the reforms in the natural gas sector has not reached the end customer, oil minister Hardeep Puri has said, adding that the government will take all measures to ensure compliance by city gas companies. : Economic Times

Oil stabilizes after expected OPEC+ cut extension, Brent crude at $83.74/bbl

New Delhi : Oil prices remained relatively stable on Monday, following the anticipated decision by the OPEC+ producer group to extend voluntary output cuts until the middle of the year. : Mint

OPEC – PLUS MEMBERS DECIDE TO EXTEND OIL OUTPUT CUTS OF 2.2 MILLION BARRELS PER DAY TO 2ND QUARTER

New Delhi : Members of the coalition of the world’s top oil-producing nations, OPEC – Plus have agreed to extend voluntary oil output cuts of 2.2 million barrels per day into the second quarter. : globalgreenews.com

Measures By Government Shall Lead To Three-Fold Increase In Natural Gas Consumption By 2030: Union Petroleum Minister

New Delhi : In a significant stride towards achieving 100% coverage of country’s area for the development of City Gas Distribution (CGD) network, the Petroleum and Natural Gas Regulatory Board (PNGRB) hosted a Concluding Ceremony for the 12th CGD Bidding Round here today. : indianpsu.com

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On March 4

New Delhi : Petrol, Diesel Prices Today On March 4, 2024: Crude oil prices are increasing in the international market. At around 6 am on Monday morning, WTI crude is being sold at $ 80.19 per barrel. At the same time, Brent crude is trading at $ 83.83 per barrel. : news18.com

Govt expects Rs 41,000 crore investment as 12th round of city gas distribution network bidding ends

New Delhi : Minister for Petroleum and Natural Gas Hardeep Singh Puri on Monday handed over letters of intent to successful bidders of 12th City Gas Distribution (CGD) bidding round, under which 8 Geographical Areas across 103 districts were offered for development. : Sarkaritel.com

Govt sets CBG blending targets for CGD networks to enhance sustainable fuel use

New Delhi : Govt sets CBG blending targets for CGD networks to enhance sustainable fuel use. : Economic Times

PM Modi to launch development projects worth over ?1 lakh crore in multi-state tour

New Delhi : PM Modi to launch development projects worth over ?1 lakh crore in multi-state tour. : Economic Times

Nayara Energy exports drop 10 pc in 2023 as domestic demand surges

New Delhi : Nayara Energy exports drop 10 pc in 2023 as domestic demand surges. : Economic Times

US funding bill blocks China from buying oil from Strategic Petroleum Reserve

New Delhi : US funding bill blocks China from buying oil from Strategic Petroleum Reserve. : Economic Times

Scindia inaugurates Jindal Stainless’ first green hydrogen project in India

New Delhi : Scindia inaugurates Jindal Stainless’ first green hydrogen project in India. : Economic Times

OPEC+ production cuts deepen with extensions from Saudi Arabia, Russia and other oil giants

New Delhi : OPEC+ production cuts deepen with extensions from Saudi Arabia, Russia and other oil giants. : Economic Times

P K Basumatary appointed new head of Guwahati Refinery

New Delhi : P K Basumatary appointed new head of Guwahati Refinery. : Economic Times

India talking to Guyana, Suriname, Namibia for oil import: Hardeep Singh Puri

New Delhi : India has been talking to Guyana, Suriname and Namibia regarding oil cooperation, informed Union Petroleum Minister Hardeep Singh Puri on Monday while asserting that there is no shortage of crude oil globally. : Economic Times

India in talks with Venezuela, Guyana for crude oil amid OPEC+ production cuts

New Delhi : India is in talks with several countries including Guyana, Suriname and Namibia to source crude oil at a time when the Organization of the Petroleum Exporting Countries and its allies have decided to extend their production cuts. : Mint

UNION MINISTER JYOTIRADITYA M. SCINDIA INAUGURATES INDIA’S 1ST GREEN HYDROGEN PLANT IN STAINLESS STEEL SECTOR

New Delhi : This project to be the world’s first off-grid Green Hydrogen plant for the stainless steel industry and the world’s first Green Hydrogen plant with rooftop & floating solar. : globalgreenews.com

Rs 41,000 crore investment in city gas projects in NE, J&K: Puri

New Delhi : Six north eastern states and two Union Territories of Jammu and Kashmir and Ladakh will see Rs 41,000 crore investment in rollout of city gas network to retail CNG to automobiles and piped cooking gas to houses over the next few years, Oil Minister Hardeep Singh Puri said on Monday. : psuwatch.com

Not worried about oil price rising on OPEC cuts: Puri

New Delhi : India’s dependence on imports of crude oil with the growth in economy will continue for a while, even as the country’s own production grows, Union Minister for oil and natural gas Hardeep Singh Puri said. : Financial Express

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