MEDIA UPDATE (MARCH 18, 2023)

Sarkaritel
By Sarkaritel March 18, 2023 06:58


18-Mar-2023

Power

” New Delhi : PFC has been conferred with the prestigious Indian Chamber of Commerce (ICC) Award in the category of ”Operational Excellence” at the 12th PSE Excellence Awards held at Le Meridien, New Delhi, today.” : Sarkaritel.com

” New Delhi : REC has won the prestigious “ICC 12th PSE Excellence Award” under the category “Operational Performance Excellence”. The award was received at a function organized by the Indian Chambers of Commerce (ICC) in Delhi by Shri Ajoy Choudhury, Director (Finance) in the presence of Saurabh Rastogi, HoD – REC.” : Sarkaritel.com

Centre allows NTPC to invest over 30% of its networth in NTPC Green Energy

New Delhi : The central government on Friday allowed state-owned power giant NTPC to invest more than the ceiling of 30 per cent of its networth in its subsidiary NTPC Green Energy Ltd (NGEL). : Business Standard

REC won Prestigious ‘ICC 12th PSE Excellence Award’

New Delhi : REC won Prestigious ‘ICC 12th PSE Excellence Award’. : psuconnect.in

PFC Conferred with the Prestigious ICC Award in the Category of ‘Operational Excellence’

New Delhi : PFC Conferred with the Prestigious ICC Award in the Category of ‘Operational Excellence’. : psuconnect.in

CCEA nod for higher NTPC investment in its green arm, listing of IREDA

New Delhi : The cabinet committee on economic affairs (CCEA) on Friday allowed the state-run thermal power major NTPC to raise its investment in its subsidiary NTPC Green Energy Ltd (NGEL) along with approving the proposal to list the Indian Renewable Energy Development Agency on the stock exchanges. : Mint

Sterlite Power bags green energy transmission project in Rajasthan

New Delhi : Sterlite Power on Friday said it has bagged a green energy transmission project in Rajasthan. The project was bid out through tariff-based competitive bidding (TBCB) process, a company statement said. Sterlite Power received the Letter of Intent (LoI) from PFC Consulting Ltd to build the project on BOOT (build, own, operate, transfer) basis, for a period of 35 years. : Economic Times

Goa capital to achieve ‘Solar City’ goal: CM Sawant

Panaji : To achieve sustainable development goals, the government has decided to declare capital city Panaji as ‘Solar City’ by generating 88 MW solar power in next two years, Chief Minister Pramod Sawant said on Friday. : Economic Times

Sterlite Power bags green energy transmission project in Rajasthan

New Delhi : Sterlite Power on Friday said it has been awarded the transmission project for evacuation of power from renewable energy zones in Rajasthan. : Mint

SECI Re-issues Tender for 100 MW Floating Solar at Getalsud Dam, Ranchi

New Delhi : SECI Re-issues Tender for 100 MW Floating Solar at Getalsud Dam, Ranchi. : saurenergy.com

Solar, Wind Account for 92% Of Capacity Additions In 2022 In India

New Delhi : Solar, Wind Account for 92% Of Capacity Additions In 2022 In India. : saurenergy.com

Mahindra Solarize, Ecofy Collaborate for 500 Solar Rooftops in Retail Segment

New Delhi : Mahindra Solarize, Ecofy Collaborate for 500 Solar Rooftops in Retail Segment. : saurenergy.com

Thermal plants had 33.5 MT of coal stock on Sunday, sufficient to run projects for 12 days: R K Singh

New Delhi : Thermal power plants monitored by the Central Electricity Authority (CEA) had 33.5 million tonne of coal stock as on Sunday, which was sufficient to run them for 12 days at 85 per cent capacity utilisation, Parliament was informed on Thursday. : Economic Times

Green power projects of 620 MW under JV between Assam Power Generation Corporation Limited & Oil India Limited get approval

New Delhi : Assam Cabinet gave in-principle approval to implementation of green power projects of 620 MW under Joint venture between Assam Power Generation Corporation Limited (APGCL) and Oil India Limited (OIL). : Economic Times

Integrating battery storage onto grid may save ₹1,400Cr: Study

Jaipur : Being infirm power because they are not produced continually, solar and wind energy pose threat to grid stability, and errant transmission congestion. : Economic Times

Continue Tata Power purchase plan till March 2025 in Mumbai, BEST told

New Delhi : In an important order for the island city, the Maharashtra Electricity Regulatory Commission (MERC) has directed that the BEST should continue with embedded generation (thermal+hydro) from Tata Power till March 2025. : Economic Times

Power agency chief in Chhattisgarh to resolve coal issue

New Delhi : With power crisis in Rajasthan looms large next month, Rajasthan Rajya Vidut Utpadan Nigam Limited (RRVUNL) chief managing director R K Sharma has rushed to Chhattisgarh and started deliberations with the administration to resolve the issues obstructing mining activity from the Parsa East Kete Basan (PEKB) phase-II. : Economic Times

Well prepared for peak summer demand from power units: Coal secretary Amrit Lal Meena

New Delhi : The coal ministry is “well prepared” to handle the upcoming peak demand for coal and has taken preemptive steps for the anticipated requirement in the summer months, secretary Amrit Lal Meena told ET. : Economic Times

Electric vehicle charging stations susceptible to cyber attacks: Nitin Gadkari

New Delhi : Electric vehicle charging stations are also susceptible to cyber attacks and cyber security incidents like any other technological application, Parliament was informed on Thursday. : Economic Times

Govt clears 7 green power projects in Cabinet meeting

Guwahati : In a Cabinet meeting chaired by Chief Minister Himanta Biswa Sarma on Thursday, the Assam government took decisions on multiple fronts ranging from the implementation of green power projects to improving air connectivity across the State. : Economic Times

Meghalaya gets electric trains for first time

New Delhi : In an endeavour for complete electrification, Northeast Frontier Railway has achieved another milestone by commissioning Dudhnai – Mendipathar (22.823 Track Kilometre) single line section and Abhayapuri – Pancharatna (34.59 Track Kilometre) double line section on 15 March. : Mint

HP CM announces slew of schemes to promote green energy in state budget

New Delhi : Reading out his first Budget in the Vidhan Sabha, Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Friday announced a slew of green energy schemes, aiming to promote green energy and curbing illegal mining. : Business Standard

UP power dept staff say strike has hit distribution, seek CM’s intervention

Lucknow : The Uttar Pradesh electricity department employees, who have stopped work for three days since last night, on Friday claimed that their strike has hit power distribution in parts of the state and sought Chief Minister Yogi Adityanath’s intervention to end the atmosphere of confrontation. : Business Standard

Union Power & NRE Minister praises IREDA for winning three awards

New Delhi : Union Power & NRE Minister praises IREDA for winning three awards. : psuconnect.in

Assam Cabinet Approves 620 MW of Green Power Projects

New Delhi : Assam Cabinet Approves 620 MW of Green Power Projects. : saurenergy.com

Energy-tech Startup Zendure Introduces First Plug-and-Play Energy Storage System

New Delhi : Energy-tech Startup Zendure Introduces First Plug-and-Play Energy Storage System. : saurenergy.com

Gujarat Invites Bids to Procure 500 MW of Wind Power with Greenshoe Option

New Delhi : Gujarat Urja Vikas Nigam (GUVNL) has invited bids to procure power from 500 MW of grid-connected wind projects (Phase V) with a greenshoe option of an additional capacity of up to 500 MW. : mercomindia.com

IREDA gets Cabinet go-ahead for listing on stock exchanges

New Delhi : The Cabinet on Friday approved for listing of IREDA – a CPSE under Ministry of New & Renewable Energy (MNRE) on the stock exchanges through an Initial Public Offer (IPO) by part sale of government’s stake in it and to raise funds for IREDA through issue of fresh equity shares. : Mint

UP electricity dept employees begin 3-day strike; govt threatens to invoke ESMA , NSA

Lucknow : Power department employees of Uttar Pradesh began their three-day strike Thursday night over the selection process for chairman and the managing director in power companies and “pay anomalies. : Economic Times

Thermal plants in Delhi-NCR not using biomass to generate electricity: CSE

Bhatinda : Many of the coal-based power plants in Delhi-NCR situated in Punjab and Haryana have made very little progress in complying with official directives, states a new study by the Centre for Science and Environment (CSE). : Economic Times


Oil and Gas

GAIL signs MoU with Shell Energy India Pvt. Ltd.

New Delhi : GAIL (India) Limited has signed a Memorandum of Understanding (MoU) with Shell Energy India Private Limited to explore opportunities in different facets of energy value chain. For GAIL, this is a step towards achieving improved sustenance in business operations. : Sarkaritel.com

Green power projects of 620 MW under JV between Assam Power Generation Corporation Limited & Oil India Limited get approval

New Delhi : Assam Cabinet gave in-principle approval to implementation of green power projects of 620 MW under Joint venture between Assam Power Generation Corporation Limited (APGCL) and Oil India Limited (OIL). : Economic Times

GAIL signs pact with Shell to explore ethane sourcing

New Delhi : India’s largest gas utility GAIL on Friday said it has signed an agreement with Shell Energy India Pvt Ltd to explore ethane sourcing and other opportunities along the energy value chain. GAIL is planning to import ethane from the US to replace natural gas and naphtha as feedstock at petrochemical plants. : Economic Times

BPCL to set up 24 EV charging stations on 6 highways in Maharashtra

Pune : The Bharat Petroleum Corporation Ltd (BPCL) has announced the launch of 24 electric vehicle fast-charging stations on six major highways in the state. : Economic Times

BPCL appoints G Krishnakumar as CMD

New Delhi : Bharat Petroleum Corporation Limited (BPCL) has appointed G. Krishnakumar as the Chairman and Managing Director of the company. : Economic Times

Indian crude oil basket price rose 23% between Dec 2021-March 2023: Govt

New Delhi : The price of the Indian crude oil basket, in rupee per barrel terms, rose by 23 per cent from December 2021 to March 2023, but compared to this, the increase in retail selling price of petrol and diesel in Delhi has only been 1.08 per cent and 3.40 per cent, the Parliament was told on Thursday. : Sarkaritel.com

CNG prices rise 38%, LPG cylinder gets 22% costlier in last 1 yr

New Delhi : The price of CNG has shot up by nearly 38 per cent while the price of an LPG cylinder increased by about 22 per cent in Delhi during the period of last one year. : Economic Times

India’s approach to oil import guided by its energy security requirements: MEA

New Delhi : India’s approach will be guided by energy security requirements with regards to importing oil, Ministry of External Affairs said on Thursday even as media reports suggested divergence of opinion in some Western capitals over keeping the the price cap on Russian crude at $60 a barrel. : Economic Times

PM Modi, Sheikh Hasina to jointly inaugurate India-Bangladesh Friendship Pipeline on March 18

New Delhi : Prime Minister Narendra and Prime Minister of Bangladesh, Sheikh Hasina will inaugurate the India-Bangladesh Friendship Pipeline on March 18 via video conference. : Economic Times

Iran seeks crude oil export to India, execution of Chabahar port project

New Delhi : Iran on Friday strongly pitched for faster implementation of the Chabahar port project as well as use of the facility by India to send various shipments saying the key transit hub will benefit both the countries. : Business Standard

US says Russia not benefiting from +$60/bbl oil to India

New Delhi : Russia is not reaping the benefits of higher costs of some recent cargoes of crude oil bought by refiners in India priced above the price cap set by countries in the West and Australia, a U.S. official said on Thursday. : Mint

Lenders to Videocon’s oil arm to vote on four resolution plans

New Delhi : Lenders of VOVL, the oil and gas exploration company of Videocon group will start voting on the four resolution plans received from the two Brazilian companies – Eneva Brazil and Petro Ria SA, a Vedanta entity and a fund of Prudent Asset Reconstruction Company, said two people aware of the development. : Economic Times

Oil steadies as investors take stock of banking crisis

Singapore : Oil prices were little changed on Friday after a meeting between Saudi Arabia and Russia calmed markets, but crude benchmarks were still headed for a second weekly fall after a banking crisis sparked a sell-off in global financial markets this week. : Economic Times

CPCL to remove damaged pipeline along Nagai coast

New Delhi : Bowing to continuous pressure from the fishing community on the Pattinamchery coast in Nagapattinam district, Chennai Petroleum Corporation Limited (CPCL) has agreed to remove the pipeline which carries crude oil along the coast in the district by May 31. : Economic Times

Oil rises 2% as reports of Saudi, Russia meeting calm investors

Bengaluru : Oil prices rose 2% on Thursday after dropping to near 15-month lows earlier in the session, supported by reports that top producers Saudi Arabia and Russia met to discuss ways to enhance market stability. : Economic Times

Over 50% drop in global LNG prices to spur demand

Mumbai : An over 50% fall in gas prices globally is expected to lead a demand revival in India’s factories, refineries, power, and petrochemicals units, industry officials said. : Economic Times

Green Hydrogen Can Help India Save ₹1 Trillion on Fuel Imports by 2030

New Delhi : Union Minister of Renewable Energy and Power R. K. Singh informed the Rajya Sabha that the government aims to reduce a total of ₹1 trillion (~$12 billion) worth of fossil fuel imports by 2030, following the targets set under the National Green Hydrogen mission. : mercomindia.com

Sarkaritel
By Sarkaritel March 18, 2023 06:58