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MEDIA UPDATE (March 28, 2024)

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28-Mar-2024

Power

REC board approves overall borrowing of Rs 1.6 lakh crore for 2024-25

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New Delhi : REC Limited on Wednesday said its board has approved an overall borrowing limit of Rs 1,60,000 crore for 2024-25. The board in its meeting held on Wednesday approved a borrowing limit of Rs 1.6 lakh crore, including Rs 1,45,000 bonds and term loans, Rs 5000 crore of short-term loans and Rs 10,000 crore of commercial papers, REC said in a filing. : psuwatch.com

NTPC signs pact with Japanese agency for USD 200 million loan

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New Delhi : NTPC signs pact with Japanese agency for USD 200 million loan. : Economic Times

Reliance Power’s 2 subsidiaries settle Rs 1,023-cr debt

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New Delhi : Reliance Power’s 2 subsidiaries settle Rs 1,023-cr debt. : Economic Times

BHEL bags Rs 4,000 cr order for 1600 MW thermal project from Adani Power

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New Delhi : State-owned engineering firm Bharat Heavy Electricals Ltd (BHEL) has received an order worth Rs 4,000 crore from Adani Power Limited for setting up the 1,600 MW Raigarh Phase-II Thermal Power Plant at Raigarh, Chhattisgarh. : Economic Times

Bhel gets Rs 4,000 crore order for 1600 MW thermal project from Adani Power

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New Delhi : State-owned engineering firm Bharat Heavy Electricals Ltd (BHEL) has received an order worth Rs 4,000 crore from Adani Power Limited for setting up the 1,600 MW Raigarh Phase-II Thermal Power Plant at Raigarh, Chhattisgarh. : Business Standard

Adani Green commissions 180-MW solar power plant in Rajasthan

New Delhi : Adani Green commissions 180-MW solar power plant in Rajasthan. : Economic Times

Varanasi surpasses solar energy targets in UP

Varanasi : Varanasi surpasses solar energy targets in UP. : Economic Times

Powering the Future: India’s Smart Meter Revolution Paves the Way for Energy Efficiency

New Delhi : Powering the Future: India’s Smart Meter Revolution Paves the Way for Energy Efficiency. : Economic Times

Adani Power gets CCI’s nod to acquire Lanco Amarkantak Power

New Delhi : Adani Power gets CCI’s nod to acquire Lanco Amarkantak Power. : Economic Times

Adani Green commissions 180 MW solar plant at Devikot in Rajasthan

New Delhi : Adani Green Energy on Wednesday said it has operationalized a 180-MW solar power plant at Devikot in Jaisalmer, Rajasthan. : Mint

MPJN Issues Consultancy Tender For 100 MW Solar & 60 MW Wind Projects

New Delhi : MPJN Issues Consultancy Tender For 100 MW Solar & 60 MW Wind Projects. : saurenergy.com

DERC New Guidelines Lays Costs On Distributors For Under 11kV Project

New Delhi : DERC New Guidelines Lays Costs On Distributors For Under 11kV Project. : saurenergy.com

MNRE Amends Rules For Solar Mini-Grid Installation In Tribal Area

New Delhi : MNRE Amends Rules For Solar Mini-Grid Installation In Tribal Area. : saurenergy.com

Adani Green’s solar power plant to produce 540 mn units annually operationalised in Rajasthan

New Delhi : Adani Green Energy Limited (AGEL) on Wednesday said it has commissioned a 180 MW solar power plant at Devikot in Jaisalmer, Rajasthan. : Sarkaritel.com

Adani Power gets CCI’s nod to acquire Lanco Amarkantak Power

New Delhi : Adani Power gets CCI’s nod to acquire Lanco Amarkantak Power. : Economic Times

Sterlite Power, GIC form joint venture for Indian power transmission platform

New Delhi : Sterlite Power, GIC form joint venture for Indian power transmission platform. : Economic Times

Onix Renewable Ltd IPO in 2024 for green energy Investments

New Delhi : Onix Renewable Ltd IPO in 2024 for green energy Investments. : Economic Times

India sets ambitious goals for solar energy: It’s making progress, but also facing challenges

New Delhi : India sets ambitious goals for solar energy: It’s making progress, but also facing challenges. : Economic Times

India’s Solar Promise: From Decarbonized Growth to Energy Security

New Delhi : India’s Solar Promise: From Decarbonized Growth to Energy Security. : Economic Times

Sterlite Power, GIC to form JV for developing, operating power transmission projects in India

New Delhi : Sterlite Power and global investment firm GIC will set up a joint venture for developing and operating power transmission projects in India, a statement said on Wednesday. The joint venture (JV) will focus on developing and operating power transmission projects in the country. : Economic Times

Thermal capacity addition gains pace in FY24 amid high power demand projections

New Delhi : Despite ambitious net-zero targets and an ongoing energy transition, India’s coal production continues to meet its growing electricity demand. : Mint

Nayara Energy appoints Alessandro Des Dorides as chief executive officer

New Delhi : Nayara Energy on Wednesday named Alessandro Des Dorides, the former head of oil trading at Eni who was sacked for withholding information in illegal Iran oil trade, as the new CEO of the company. : Business Standard

Varanasi Leads Uttar Pradesh In Energy, Savings And Environmental Conservation Efforts

Varanasi : Varanasi is spearheading energy, individual savings, and environmental conservation initiatives in Uttar Pradesh. The government’s ambitious endeavor to transform Varanasi into a solar city is gaining momentum, promising significant savings in both electricity and finances while prioritizing environmental protection. : indianpsu.com

CCI has approved 100 percent acquisition of LAPL by Adani Power

New Delhi : The Adani Power Limited (Acquirer), a part of the Adani Group, is a company incorporated under the laws of India. : psuconnect.in

JSW Renewable Energy Acquires 45 MW Maha Wind Farm From Reliance Power

New Delhi : JSW Renewable Energy Acquires 45 MW Maha Wind Farm From Reliance Power. : saurenergy.com

Sterlite, GIC Enter JV To Create Power Transmission Platform In India

New Delhi : Sterlite, GIC Enter JV To Create Power Transmission Platform In India. : saurenergy.com

Navi Mumbai Issues Tender For 100 MW Floating Solar Project

New Delhi : Navi Mumbai Issues Tender For 100 MW Floating Solar Project. : saurenergy.com

PM Suryoday Yojana: All about household rooftop solar power scheme

New Delhi : The Pradhanmantri Suryoday Yojana seeks to outfit 10 million households with rooftop solar panels. The scheme will reduce the consumption of grid-connected electricity and save bills for consumers. : Business Standard


Oil and Gas

HPCL, Tata Motors ink pact to set up EV charging stations

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New Delhi : The electric mobility unit of Tata Motors Ltd and Hindustan Petroleum Corp on Wednesday signed a memorandum of understanding to set up EV charging stations across India. : Sarkaritel.com

Indian Oil awaits sanctions relief extension to resume Venezuelan oil buy

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New Delhi : Indian Oil awaits sanctions relief extension to resume Venezuelan oil buy. : Economic Times

Russia struggles to collect oil payments as China, UAE, Turkey raise bank scrutiny

New Delhi : Russia struggles to collect oil payments as China, UAE, Turkey raise bank scrutiny. : Economic Times

Preparations for Modi regime 3.0: To fire up PNG adoption, govt may hand out free connections

New Delhi : The petroleum and natural gas ministry is drawing up plans to offer free piped natural gas (PNG) connections and consumption subsidies to poor households to help its wider adoption on the lines of the Ujjwala scheme, which popularised liquefied petroleum gas (LPG) among the poor, said people familiar with the matter. : Economic Times

When Will India’s Oil Demand Peak? The Govt’s Calculating

New Delhi : When Will India’s Oil Demand Peak? The Govt’s Calculating. : Mint

US, South Korea set up task force to block North Korea oil shipments

New Delhi : US, South Korea set up task force to block North Korea oil shipments. : Economic Times

Oil prices steady on US crude inventories rise lesser than expected ahead of OPEC meeting; Brent at $86/bbl

New Delhi : Oil prices were broadly stable on Wednesday, March 27, after US crude stockpile rose lesser than expected. Prices were dragged by indications that the Organization of Petroleum Exporting Countries (OPEC) is unlikely to change its output policy at its technical meeting next week. : Mint

MoU Signed Between Numaligarh Refinery Ltd. & IWAI For Transportation Of Petroleum & Petrochemical Products

New Delhi : A Memorandum of Understanding (MoU) was signed today in Guwahati between Assam-based Numaligarh Refinery Limited (NRL) and Inland Waterways Authority of India (IWAI) for the transportation of petroleum and petrochemical products to Bangladesh and other South East Asian nations. : newsonair.com

Petrol, Diesel Fresh Prices Announced On March 27: Know Fuel Rates In Your City

New Delhi : Petrol and Diesel Prices Today On March 27, 2024: Government oil companies have released the latest petrol and diesel rates for today i.e. 27 March. : news18.com

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