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MEDIA UPDATE (March 08, 2024)

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08-Mar-2024

Power

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” New Delhi : The government has invested about Rs 20 lakh crores in the power sector during the last 9 years and another Rs 17 lakh crores will be invested in the next 5 to 7 years, Union Minister for Power and New & Renewable Energy R. K. Singh said on Thursday.” : Sarkaritel.com

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” New Delhi : A flagship scheme of Pradhan Mantri Kaushal Vikas Yojana (PMKVY), Recognition of Prior Learning (RPL) is an initiative of the Government of India (GoI) under Ministry of Skill Development and Entrepreneurship (MSDE) helps to evaluate a person’s existing skill sets, knowledge and experience gained either by formal, non-formal or informal learning and to align the competencies of the unregulated workforce of the country to the standardized National Skills Qualification Framework (NSQF).” : Sarkaritel.com

“Nature of electricity is changing; with new players, types of systems and products”: Power and New & Renewable Energy Minister R. K. Singh

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New Delhi : The Central Electricity Regulatory Commission (CERC) has got new office space situated at World Trade Centre, Nauroji Nagar, Safdarjung Enclave, New Delhi. The inauguration of the new office space has been done by the Union Minister for Power and New & Renewable Energy R. K. Singh, at a function held at the new office premises today, March 7, 2024. : Sarkaritel.com

Indian government to sell up to 7% stake in coal miner NLC

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New Delhi : Indian government to sell up to 7% stake in coal miner NLC. : Economic Times

Raj Kumar Chaudhary set to be next CMD of NHPC

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New Delhi : Raj Kumar Chaudhary is set to be next Chairman & Managing Director (CMD) of NHPC Limited. He has been recommended for the post by the Public Enterprises Selection Board (PESB) panel on Thursday. : psuwatch.com

Tata Power consumers in Mumbai set to shell out more for electricity from April

New Delhi : Tata Power’s Mumbai customers will have to pay higher electricity bills from April 1 as power regulator Maharashtra Electricity Regulatory Commission (MERC) has approved an average tariff increase of around 24 per cent as against 12 per cent claimed by the power distributor. : Sarkaritel.com

Sterling and Wilson Renewable Energy appoints Pammi Venkata Nrusimha Sai as O&M chief

New Delhi : Sterling and Wilson Renewable Energy appoints Pammi Venkata Nrusimha Sai as O&M chief. : Economic Times

Noida-based solar firm GP Eco Solutions India files DRHP with NSE Emerge

New Delhi : Noida-based solar firm GP Eco Solutions India files DRHP with NSE Emerge. : Economic Times

Kejriwal calls ’emergency’ meeting of Cabinet over power subsidy

New Delhi : Kejriwal calls ’emergency’ meeting of Cabinet over power subsidy. : Economic Times

Pressed for space, solar farms are getting creative

New Delhi : Pressed for space, solar farms are getting creative. : Economic Times

Tata Power shifts over 1,000 EV charging points in Mumbai to green energy

New Delhi : Tata Power shifts over 1,000 EV charging points in Mumbai to green energy. : saurenergy.com

Mizoram govt mulls corporatisation of power dept

New Delhi : Mizoram govt mulls corporatisation of power dept. : Economic Times

Power sector to see ?17 L cr investments in 5-7 yrs: Power and renewable energy minister RK Singh

New Delhi : cccThe power sector will see an investment of around ?17 lakh crore in the next 5-7 years amid growing capacities across segments and has already witnessed ?20 lakh crore investment in the last nine years, power and renewable energy minister RK Singh said. : Economic Times

Gencos and gear makers to be nudged by the govt to join hands for EPC bids

New Delhi : Muted response to thermal engineering-procurement-construction (EPC) bids has prompted the government to encourage consortia of companies to bid for upcoming contracts for supply of thermal power equipment. : Economic Times

Uttar Pradesh govt to rake in Rs 80K crore through solar energy push

New Delhi : The Uttar Pradesh government has set an ambitious target of producing 22,000 megawatt (MW) through a slew of solar energy projects by 2027, a move that is expected to rake in investments to the tune of Rs 80,000 crore. : Business Standard

Make In India Not Only For India But For The World : Union Power And NRE Minister

New Delhi : The Union Minister for Power and New & Renewable Energy Shri R. K. Singh has exhorted the Indian manufacturing industry to embrace the challenge of being able to compete globally, to make in India not only for India but for the world. : indianpsu.com

Power sector to attract Rs 17 lakh crore investment in next 5-7 years: Power Minister

New Delhi : Domestic power industry is expected to attract investments of 17 lakh crore over the next 5-7 years, Union Minister RK Singh said on Thursday. : psuwatch.com

Torrent Power bags 306 MW solar project worth Rs 1,540 crore

New Delhi : Torrent Power on Thursday said it has bagged a contract from Maharashtra State Electricity Distribution Co Ltd for setting up 306 MW solar projects worth Rs 1,540 crore under the PM-KUSUM Scheme. : psuwatch.com

NTPC Kaniha provides tricycles, Assistive aids to differently-abled

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New Delhi : Under a special CSR initiative, NTPC Kaniha today reached out to the unreached strata of society living in Kaniha Block and provided tricycles, wheelchairs, creches, hand-propelled tricycles, battery-operated tricycles, blind cane, hearing aids etc to the Divyang jan and Senior Citizens. : psuconnect.in

KPI Energy bags order to develop solar power projects

New Delhi : KPI Green has received new orders aggregating to 9.40 MW for executing solar power projects, out of which 5 MW capacity undertaken by KPI Green Energy Limited (‘the Company’) and 4.40 MW capacity by KPIG Energia Private Limited, a wholly-owned subsidiary of the Company under ‘Captive Power Producer (CPP)’ Segment of the Company, the firm confirmed in its BSE filing. : psuconnect.in

Suzlon Secures 72.45 MW Order For 3 MW Series From Juniper Green Energy

New Delhi : Suzlon Secures 72.45 MW Order For 3 MW Series From Juniper Green Energy. : saurenergy.com

MPERC Revises Tariff Reduction, Green Certification Witnesses 42% Reduction

New Delhi : MPERC Revises Tariff Reduction, Green Certification Witnesses 42% Reduction. : saurenergy.com

Pressed for space, solar farms are getting creative

New Delhi : Pressed for space, solar farms are getting creative. : Economic Times

India’s solar energy sector attracted $3.8-bn FDI in past three FYs: Bhagwant Khuba, MoS, MNRE

New Delhi : India’s solar energy sector attracted $3.8-bn FDI in past three FYs: Bhagwant Khuba, MoS, MNRE. : Economic Times

Avaada Energy secures 1,140 MW agri solar projects in Maharashtra

New Delhi : Avaada Energy secures 1,140 MW agri solar projects in Maharashtra. : Economic Times

IIT-Mandi researchers secure patent for power-management system in cloud-enabled nodes

New Delhi : IIT-Mandi researchers secure patent for power-management system in cloud-enabled nodes. : Economic Times

Suzlon bags order for 72.45 MW wind project in Gujarat from Juniper Green Energy

New Delhi : Suzlon bags order for 72.45 MW wind project in Gujarat from Juniper Green Energy. : saurenergy.com

KPI Green Energy secures solar projects totalling 9.4 MW

New Delhi : KPI Green Energy secures solar projects totalling 9.4 MW. : Economic Times

Tata Power consumers to pay more as MERC approves 24% hike

New Delhi : Come April, Tata Power consumers will have to pay more for electricity. On Thursday, the Maharashtra Electricity Regulatory Commission approved an average tariff rise of about 24% for Tata Power for the fiscal year 2024-25, effective from 1 April, 2024. : Economic Times

Power units will end financial year with 45 million tonnes of fuel: Coal minister Pralhad Joshi

New Delhi : Coal minister Pralhad Joshi on Thursday said power plants will end the financial year with 45 million tonnes of fuel, much higher than last year’s 37 million tonnes, which included imported stock. : Economic Times

Coal stock expected to hit 150 million tonnes by end of FY24: Pralhad Joshi

New Delhi : Union minister for coal, mines and parliamentary affairs Pralhad Joshi said on Thursday that India’s coal stock is expected to be around 150 million tonnes by the end of FY24 to meet the rising demand for power. : Mint

NIGEL SIGNS POWER PURCHASE AGREEMENT WITH GUVNL FOR 600 MW SOLAR POWER PROJECT

New Delhi : NLC India Limited (NLCIL) has incorporated a wholly owned subsidiary NLC India Green Energy Limited (NIGEL) to carry out future Renewable Energy Projects. The subsidiary will focus specifically on Renewable Energy projects and thus leveraging the expertise to its benefits. : globalgreenews.com

COAL MINISTER PRALHAD JOSHI LAUNCHES NEW CSR INITIATIVES OF COAL INDIA LIMITED (CIL)

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New Delhi : Union Minister for Coal, Mines & Parliamentary Affairs, Shri Pralhad Joshi launched new Corporate Social Responsibility (CSR) initiatives of CIL in an event held at Ministry of Coal, here today. : globalgreenews.com

Suzlon bags 72.45 MW wind power project from Juniper Green Energy

New Delhi : Renewable energy solutions provider Suzlon Group on Thursday said it has secured a 72.45 MW wind power project from Juniper Green Energy Pvt Ltd. : psuwatch.com

SJVN bags 1,352 MW solar projects worth Rs 7,436 crore

New Delhi : State-owned power producer SJVN arm SJVN Green Energy has secured 1,352 MW solar power projects, entailing an investment of Rs 7,436 crore. : psuwatch.com

SJVN receives LoA for 1352 MW Solar Power Projects in Maharashtra

Shimla : SJVN has received a Letter of Award (LoA) for 1352 MW Solar Power Projects to be developed through SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of SJVN. : psuconnect.in

NLC India shares plunges around 4% amid government announces 7% sale of stakes

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New Delhi : According to the exchange filling of the company, the government is planning to sell 5% shareholding in NLC India which is a base offer size, along with an option to additionally add another selling option of 2% shares via Offer for Sale [OFS]. : psuconnect.in

Sri Lanka Offers An Opportunity For India In Solar

New Delhi : Sri Lanka Offers An Opportunity For India In Solar. : saurenergy.com

SECI Invites Tender For 300 MW Project At Ramagiri In Andhra Pradesh

New Delhi : SECI Invites Tender For 300 MW Project At Ramagiri In Andhra Pradesh. : saurenergy.com

BHEL Invites Bids For 300MW Floating Solar Project In Odisha

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New Delhi : BHEL Invites Bids For 300MW Floating Solar Project In Odisha. : saurenergy.com


Oil and Gas

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” New Delhi : In a move towards inclusive development, Hardeep Singh Puri, Minister of Housing & Urban Affairs and Petroleum & Natural Gas, virtually inaugurated and laid the foundation stone for 177 development projects in Sonbhadra district of Uttar Pradesh.” : Sarkaritel.com

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” New Delhi : GAIL (India) Limited, Oil and Natural Gas Corporation (ONGC) and Shell Energy India (SEI) Private Limited today signed a tripartite Memorandum of Understanding (MoU) to explore opportunities for import of ethane and other hydrocarbons and development of evacuation infrastructure at Shell Energy Terminal, Hazira.” : Sarkaritel.com

GAIL, ONGC & Shell sign pact for ethane import in Gujarat’s Hazira

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New Delhi : GAIL (India) Limited, Oil and Natural Gas Corporation (ONGC) and Shell Energy India (SEI) Private Limited on Thursday signed a tripartite memorandum of understanding (MoU) to explore opportunities for import of ethane and other hydrocarbons and development of evacuation infrastructure at Shell Energy Terminal in Gujarat’s Hazira port. : Sarkaritel.com

GAIL, ONGC To Look At Importing Ethane At Shell’s Hazira Terminal

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New Delhi : State gas utility GAIL (India) Ltd and oil producer ONGC will explore possibility of using Shell’s import terminal at Hazira in Gujarat for importing ethane and other hydrocarbons to fuel their petrochemical ambitions. : Free Press Journal

GAIL, ONGC and Shell Energy India sign MoU to explore ethane imports’ opportunities

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New Delhi : GAIL (India) Limited, Oil and Natural Gas Corporation (ONGC) and Shell Energy India (SEI) Private Limited signed a tripartite memorandum of understanding (MoU) to explore opportunities for the import of ethane and other hydrocarbons, the companies said in a press release on March 7. : Moneycontrol.com

GAIL, ONGC & Shell sign MoU to explore opportunities for ethanol import

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New Delhi : State-run GAIL (India) said on Thursday that it has signed a tripartite Memorandum of Understanding (MoU) with Oil and Natural Gas Corporation (ONGC) and Shell Energy India (SEI) to explore opportunities for import of ethane and other hydrocarbons. : Business Line

GAIL, ONGC & Shell sign pact for ethane import in Gujarat’s Hazira

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New Delhi : GAIL Limited, Oil and Natural Gas Corporation (ONGC) and Shell Energy India (SEI) Private Limited on Thursday signed a tripartite memorandum of understanding (MoU) to explore opportunities for import of ethane and other hydrocarbons and development of evacuation infrastructure at Shell Energy Terminal in Gujarat’s Hazira port. : smetimes.in

L&T bags order from ONGC for offshore gas compressor project

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New Delhi : L&T bags order from ONGC for offshore gas compressor project. : Economic Times

Greenzo Energy launches 1-MW green hydrogen alkaline electrolyser

New Delhi : Greenzo Energy launches 1-MW green hydrogen alkaline electrolyser. : Economic Times

Russia oil fleet shifts away from Liberia, Marshall Island flags amid US sanctions crackdown

New Delhi : Russia oil fleet shifts away from Liberia, Marshall Island flags amid US sanctions crackdown. : Economic Times

OPEC expects share of Indian oil imports to rise again

New Delhi : OPEC expects share of Indian oil imports to rise again. : Economic Times

Ujjwala Scheme: Govt extends Rs 300 LPG subsidy for beneficiaries for FY25

New Delhi : The government has announced the extension of the Rs 300 per LPG cylinder subsidy to poor women under the Ujjwala Yojana for the next fiscal starting April 1. The subsidy was increased from Rs 200 per cylinder last year. : Economic Times

BackBack Cabinet extends ?300 cooking gas subsidy for another year

New Delhi : The Union cabinet on Thursday approved the extension of the ?300-subsidy on cooking gas cylinders for beneficiaries of the Pradhan Mantri Ujjwala Yojana scheme for the next financial year (FY25). : Mint

CABINET APPROVES CONTINUATION OF RS.300 TARGETED SUBSIDY TO PM UJJWALA YOJANA CONSUMERS

New Delhi : The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved the continuation of targeted subsidy of Rs.300 per 14.2 kg cylinder (and proportionately pro-rated for 5 kg cylinder) for up to 12 refills per year to be provided to the beneficiaries of Pradhan Mantri Ujjwala Yojana (PMUY) during FY 2024-25. As on 1st March, 2024 there are more than 10.27 crore PMUY beneficiaries. : globalgreenews.com

GAIL, ONGC and Shell Energy sign Tripartite MoU

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New Delhi : GAIL (India) Limited, Oil and Natural Gas Corporation (ONGC) and Shell Energy India (SEI) Private Limited today signed a tripartite Memorandum of Understanding (MoU) to explore opportunities for the import of ethane and other hydrocarbons and the development of evacuation infrastructure at Shell Energy Terminal, Hazira. : psuconnect.in

Govt extends subsidy on LPG for Ujjwala beneficiaries upto 12 refills

New Delhi : The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the extension of a targeted subsidy of Rs 300 per 14.2 kg cylinder for up to 12 refills per year for the beneficiaries of Pradhan Mantri Ujjwala Yojana (PMUY) for the financial year 2024-25. : Business Standard

Israel fines US energy giant for discharging wastewater into Mediterranean

New Delhi : Israel imposed a fine of 2.9 million shekels (around $809,000) on the US energy giant Chevron Corporation for sea emission violation, the Israeli Ministry of Environmental Protection has said in a statement. : Sarkaritel.com

Gail, ONGC explore possibility of importing ethane at Shell’s Guj terminal

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New Delhi : State gas utility GAIL (India) Ltd and oil producer ONGC will explore possibility of using Shell’s import terminal at Hazira in Gujarat for importing ethane and other hydrocarbons to fuel their petrochemical ambitions. : Business Standard

GAIL, ONGC, and Shell join hands to explore opportunities for importing ethane

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New Delhi : GAIL, ONGC, and Shell have joined hands to explore opportunities for the import of ethane. The three companies have signed a preliminary agreement with a focus on developing ethane import facilities at Shell’s LNG import terminal at Hazira in Gujarat, GAIL said in a statement. : Economic Times

India’s fuel demand rises 5.7% YoY in February on strong factory output

New Delhi : India’s fuel demand rises 5.7% YoY in February on strong factory output. : Economic Times

Saudi Aramco, UAE’s ADNOC in talks to invest in US LNG projects, sources say

New Delhi : Saudi Aramco, UAE’s ADNOC in talks to invest in US LNG projects, sources say. : Economic Times

Opinion: China’s crude oil imports rise on-year, but softer trend remains

New Delhi : Opinion: China’s crude oil imports rise on-year, but softer trend remains. : Economic Times

Oil pares gains after hitting 2024-high over delayed US Fed rate cuts; Brent down to $82/bbl

New Delhi : Oil prices slipped on Thursday, March 7 as expectations that US interest rate cuts could be delayed capped gains, though upbeat Chinese trade data augured well for demand in the world’s top oil importer. : Mint

GAIL, ONGC and Shell Energy sign tripartite MoU to explore opportunities for import of ethane and other hydrocarbons

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New Delhi : GAIL (India) Limited, Oil and Natural Gas Corporation (ONGC) and Shell Energy India (SEI) Private Limited on Thursday signed a tripartite memorandum of understanding (MoU) to explore opportunities for import of ethane and other hydrocarbons and development of evacuation infrastructure at Shell Energy Terminal, Hazira. : psuwatch.com

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On March 7

New Delhi : Petrol, Diesel Prices Today On March 7, 2024: The impact of softening oil and gas prices in the global market is also visible on the domestic retail market. CNG became cheaper in the National Capital Region on Thursday morning, while the prices of petrol and diesel have also declined. : news18.com

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