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MEDIA UPDATE (March 19, 2024)

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19-Mar-2024

Power

NTPC to begin commercial operations of 2nd unit of North Karanpura power project

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New Delhi : NTPC to begin commercial operations of 2nd unit of North Karanpura power project. : Economic Times

Coal Ministry asks coal PSUs to plan pithead-based thermal power projects

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New Delhi : The Coal Ministry has asked Coal India Ltd (CIL) and NLC India Ltd to go for pithead-based thermal projects with an aim to reduce the transportation cost and improve the availability of dry fuel, a top government official said. : psuwatch.com

BHEL Noida Office Ranked First in Swachhata

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New Delhi : BHEL’s Project Engineering Management (PEM) office in Noida has been ranked no. 1 in the Swachhata Ranking Competition (Government Office category) organised by the Noida Authority. : psuconnect.in

NTPC, Power Grid, NHPC: new CERC regulations slightly positive for generation firms, mildly negative for transmission

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New Delhi : NTPC and NHPC share prices saw gains of up to 3.5% in the intraday trades on Monday. Power Grid Corporation of India share price though opened in positive zone nevertheless saw some decline thereafter : Mint

Servotech Power Systems to set up 20 EV charging stations in Nashik

New Delhi : Servotech Power Systems to set up 20 EV charging stations in Nashik. : Economic Times

Coal PSUs must plan pithead-based thermal projects: Coal Secy

New Delhi : Coal PSUs must plan pithead-based thermal projects: Coal Secy. : Economic Times

Uttar Pradesh: With 10 big solar projects, Bundelkhand on way to become new power house

Lucknow : Uttar Pradesh: With 10 big solar projects, Bundelkhand on way to become new power house. : Economic Times

SC rejects Adani firm’s plea for over Rs 1300 crore as late payment surcharge from Rajasthan state discom

New Delhi : The Supreme Court on Monday dismissed a plea of Adani Power Rajasthan Ltd seeking over Rs 1,300 crore as late payment surcharge from the Jaipur Vidyut Vitran Nigam Limited, a Rajasthan government-owned power distribution firm. : Economic Times

NTPC to begin commercial operations of 2nd unit of North Karanpura power project on March 20

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New Delhi : NTPC said on Monday that it will start commercial operations of second unit of its North Karanpura Super Thermal Power Project on March 20. “Unit 2 (660 MW) of North Karanpura Super Thermal Power Project (3×660 MW) is declared on commercial operation with effect from 00:00 hours of 20.03.2024,” NTPC said in an exchange filing. : psuwatch.com

PM Surya Ghar-Solar Scheme Garners Over 10 Million Registrations As FOMO Takes Hold

New Delhi : PM Surya Ghar-Solar Scheme Garners Over 10 Million Registrations As FOMO Takes Hold. : saurenergy.com

MSPGCL Invites Bids To Manufacture & Supply 750 MW PV Modules

New Delhi : MSPGCL Invites Bids To Manufacture & Supply 750 MW PV Modules. : saurenergy.com

Vedanta-owned Sterlite Power Transmission said to transfer three power projects to GIC venture

New Delhi : Vedanta-owned Sterlite Power Transmission said to transfer three power projects to GIC venture. : Economic Times

Top solar sector CEOs list three ways to tackle land issues

New Delhi : Top solar sector CEOs list three ways to tackle land issues. : Economic Times

Gensol Engineering sets up 160 MW solar project in Gujarat at Rs 128 crore

New Delhi : Gensol Engineering sets up 160 MW solar project in Gujarat at Rs 128 crore. : Economic Times

Vedanta-owned Sterlite Power Transmission said to transfer three power projects to GIC venture

New Delhi : Sterlite Power Transmission Ltd., a privately-held unit of mining company Vedanta Ltd., has transferred three power transmission projects into its joint venture with Singaporean sovereign wealth fund GIC Pte, according to people familiar with the situation. : Economic Times

Azure Power is Navigating Leadership Churn; a Stake Sale May be Next

New Delhi : Azure Power is Navigating Leadership Churn; a Stake Sale May be Next. : Mint

ISRO organises ‘Space on the Wheels’ exhibition at Bhavan’s NTPC Vidya Mandir

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New Delhi : Space Technology Exhibition initiative “Space on the Wheels” exhibition, jointly being organized by Indian Space Research Organisation and Vidhnyan Bharati, Nagpur has completed visit in 11 districts of Vidarbha Region covering around 4.8 lakh students from more than 1600 schools. : psuwatch.com

SJVN CMD visits SJVN’s Solar Projects in Nangal

New Delhi : SJVN Chairman & Managing Director (CMD) Geeta Kapur accompanied by SJVN’s Director (Finance) Akhileshwar Singh and SJVN Green Energy Limited’s (SGEL) CEO Ajay Singh Monday. : psuwatch.com

KPI Bags 100MW Solar Project From Tender Issued By MAHAGENCO

New Delhi : KPI Bags 100MW Solar Project From Tender Issued By MAHAGENCO. : saurenergy.com

PM Surya Ghar: Govt Earmarks Rs 800cr For Model Solar Villages

New Delhi : PM Surya Ghar: Govt Earmarks Rs 800cr For Model Solar Villages. : saurenergy.com

MSPGCL Invites Bids To Solarise 502 MW Ground-Mounted Project

New Delhi : MSPGCL Invites Bids To Solarise 502 MW Ground-Mounted Project. : saurenergy.com

SJVN CMD, Geeta Kapur visits Solar Projects in Nangal

Shimla : Smt. Geeta Kapur, Chairman & Managing Director, SJVN accompanied by Sh. Akhileshwar Singh, Director (Finance) & Sh. Ajay Singh, CEO, of SJVN Green Energy Limited (SGEL) today visited SJVN’s 15 MW Nangal Floating Solar Project. : psuconnect.in


Oil and Gas

HPCL Logo declared as a ‘Well Known Trademark’

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New Delhi : Maharatna PSU, Hindustan Petroleum Corporation Limited (HPCL) informed that the company’s Corporate logo has been declared as a Well Know Trademark by the Registrar of Trademarks. HPCL became the first PSU among Oil Marketing Companies in India to have this recognition. : psuconnect.in

BPCL Secures 5th Spot in Business World Real 500

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Mumbai : Bharat Petroleum Corporation Limited (BPCL), a Maharatna and India’s second-largest government-owned downstream oil producer, proudly announces its continued position as the 5th-ranked company in The Business World Real 500 List of 2024. : psuconnect.in

HPCL-CSR: Breaking Barriers – A Triumph of Resilience

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New Delhi : Embarking on a new academic year journey in July 2022, a dynamic trio graced HPCL-ADAPT Centre at Bandra in Mumbai – Ankit, a spirited 7½ years old boy, accompanied by his ever-supportive mother and a lively young brother. : psuconnect.in

MNRE rolls out skill development scheme for green hydrogen sector

New Delhi : MNRE rolls out skill development scheme for green hydrogen sector. : Economic Times

MNRE calls for innovative biogas plant designs to boost renewable energy portfolio

New Delhi : MNRE calls for innovative biogas plant designs to boost renewable energy portfolio. : Economic Times

MNRE issues scheme guidelines for setting up green hydrogen hubs

New Delhi : MNRE issues scheme guidelines for setting up green hydrogen hubs. : Economic Times

Oil mergers, clean fuels vie for attention at Houston energy conference

New Delhi : Oil mergers, clean fuels vie for attention at Houston energy conference. : Economic Times

Five ways for India to accelerate green hydrogen adoption

New Delhi : Five ways for India to accelerate green hydrogen adoption. : Economic Times

Iran inks big contracts to increase oil production

New Delhi : Iran inks big contracts to increase oil production. : Economic Times

Russian oil exports from its western ports revised up 10% in March amid refinery outage, sources say

New Delhi : Russia will increase oil exports through its western ports in March by almost 200,000 barrels per day (bpd) against the monthly plan to 2.15 million bpd, and market participants expect a further increase in exports amid ongoing drone attacks on Russian refineries. : Economic Times

Russia remains India’s top crude supplier, imports rise 14% in January

New Delhi : Russia remained the top supplier of oil to India in January, accounting for nearly a third of the crude brought into the country, according to data from the commerce ministry. : Mint

City-gas distribution entities lag on minimum work programme: PNGRB

New Delhi : Only 12 million cooking gas connections have been extended by city-gas distribution (CGD) entities so far, which is half of their total prorated commitments of 22 million connections, the Petroleum and Natural Gas Regulatory Board (PNGRB) has said. : Business Standard

MNRE issues guidelines for development of 2 Green Hydrogen hubs in India by FY26

New Delhi : The Ministry of New and Renewable Energy (MNRE) has issued guidelines for the development of Green Hydrogen hubs where it will provide financial support under the National Green Hydrogen Mission for creating core infrastructure for common services and facilities. : psuwatch.com

Petrol, Diesel Fresh Prices Announced On March 18: Know Fuel Rates In Your City

New Delhi : Petrol, and Diesel Prices Cut Today On March 18, 2024: On Monday, March 18, government oil companies released the latest prices of petrol and diesel. In the international market, around 6 am on Monday, WTI crude is being sold at $ 81.03 per barrel with a decline of 0.01%. : news18.com

Petrol costliest in Andhra Pradesh & Kerala; BJP-ruled MP, Bihar close behind

New Delhi : Petrol costliest in Andhra Pradesh & Kerala; BJP-ruled MP, Bihar close behind. : Economic Times

HCG Group to invest ?500 cr for Gurugram’s PNG and CNG network expansion

New Delhi : HCG Group to invest ?500 cr for Gurugram’s PNG and CNG network expansion. : Economic Times

Egyptian Natural Gas Holding to expand in Saudi Arabia

New Delhi : Egyptian Natural Gas Holding to expand in Saudi Arabia. : Economic Times

Opinion: Inventory builds, Red Sea concerns pressure Asia diesel margins: Russell

New Delhi : Opinion: Inventory builds, Red Sea concerns pressure Asia diesel margins: Russell. : Economic Times

Spotlight shifts to oil demand as OPEC+ move clears the air on supplies

New Delhi : Spotlight shifts to oil demand as OPEC+ move clears the air on supplies. : Economic Times

Imports of natural gas continue to surge

New Delhi : India’s appetite for imported natural gas is dramatically growing with prices falling in the international markets. Imports of liquefied natural gas (LNG) surged 33% year-on-year in February, after increasing 26% in January, 12% in December last year and 5% in November. : Economic Times

Oil prices rise amid attacks on Russian energy facilities, brent crude at $86/bbl

New Delhi : Brent crude surged to briefly surpass $86 per barrel, marking its highest level since November, before retracting slightly, on Monday. The escalation of Ukraine’s assaults on Russian energy infrastructure drove this volatility. : Mint

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