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MEDIA UPDATE (May 11, 2024)

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11-May-2024

Power

NTPC achieves 20 pc torrefied biomass co-firing at Tanda power plant

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New Delhi : NTPC achieves 20 pc torrefied biomass co-firing at Tanda power plant. : Economic Times

ReNew signs 2.2 GW PPAs, expands portfolio to 15.6 GW

New Delhi : ReNew signs 2.2 GW PPAs, expands portfolio to 15.6 GW. : Economic Times

ReNew secures PPAs for 2.2 GW of renewables

New Delhi : ReNew, a NASDAQ-listed renewable energy company in India, announced this week that it has signed five power purchase agreements (PPAs) totaling 2.2 GW of renewable energy (RE) capacity. : pv-magazine.com

Grew Energy to invest ?4500 crore in solar manufacturing unit in J&K

New Delhi : Grew Energy to invest ?4500 crore in solar manufacturing unit in J&K. : Economic Times

India Added 1.2 GW Wind Capacity in Q1 2024

New Delhi : India Added 1.2 GW Wind Capacity in Q1 2024. : mercomindia.com

India Now Third Largest Solar Power Producer But Emissions Rise in 2023: Report

New Delhi : India Now Third Largest Solar Power Producer But Emissions Rise in 2023: Report. : mercomindia.com

India Adds 1 GW Of New Renewable Capacities In April 2024

New Delhi : India Adds 1 GW Of New Renewable Capacities In April 2024. : saurenergy.com

RERC Approves Purchase of 3 GW of Solar Power Under KUSUM

New Delhi : RERC Approves Purchase of 3 GW of Solar Power Under KUSUM. : mercomindia.com

HPCL Floats EPC Tender for 78 MW Wind-Solar Hybrid Project

New Delhi : HPCL Floats EPC Tender for 78 MW Wind-Solar Hybrid Project. : mercomindia.com

RECPDCL Invites Bids to Acquire 200 MW of Solar, Wind or Hybrid Power Projects

New Delhi : RECPDCL Invites Bids to Acquire 200 MW of Solar, Wind or Hybrid Power Projects. : mercomindia.com

Central Railway Invites Bids to Empanel Agencies for Rooftop Solar Projects

New Delhi : Central Railway Invites Bids to Empanel Agencies for Rooftop Solar Projects. : mercomindia.com

THDC Invites Bids for 600 MW – 2,000 MW Pumped Storage Projects

New Delhi : THDC Invites Bids for 600 MW – 2,000 MW Pumped Storage Projects. : mercomindia.com

India projects biggest power shortfall in 14 years in June

New Delhi : India projects biggest power shortfall in 14 years in June. : Economic Times

India’s solar power subsidies for homes face scepticism

New Delhi : India’s solar power subsidies for homes face scepticism. : Economic Times

AMPIN Energy secures $35 million from responsAbility

New Delhi : AMPIN Energy Transition, a renewable energy transition company in India, has secured $35 million investment from Swiss impact investor responsAbility to accelerate the development of its renewable energy projects across India. : pv-magazine.com

INDIA BECOME WORLD’S THIRD LARGEST SOLAR POWER GENERATOR

New Delhi : India has overtaken Japan to become the world’s third-largest solar power generator in 2023, according to a report by the global energy think tank, Ember. : globalgreenews.com

GoodWe Unveils State-of-the-Art Solar Service Centre in Bangalore

New Delhi : GoodWe Unveils State-of-the-Art Solar Service Centre in Bangalore. : saurenergy.com

Grew To Set Up 3.2 GW Solar Module Manufacturing Facility In J&K

New Delhi : Grew To Set Up 3.2 GW Solar Module Manufacturing Facility In J&K. : saurenergy.com

PM Surya Ghar Program: MNRE Announces New Vendor Registration Guidelines

New Delhi : PM Surya Ghar Program: MNRE Announces New Vendor Registration Guidelines. : mercomindia.com

HPCL Seeks Bids for 81.5 MW Rooftop and Floating Solar Project

New Delhi : HPCL Seeks Bids for 81.5 MW Rooftop and Floating Solar Project. : mercomindia.com

East Central Railway Invites Bids for 1.1 MW Rooftop Solar Projects

New Delhi : East Central Railway Invites Bids for 1.1 MW Rooftop Solar Projects. : mercomindia.com

Grew Energy all set to establish 3.2 GW solar module factory in Jammu & Kashmir

New Delhi : Grew Energy, a renewable energy venture of the Chiripal Group, has started building a fully backward integrated solar module manufacturing unit in Jammu & Kashmir with a commitment to invest INR 4,500 crore ($538.85 million). : pv-magazine.com

India on track to achieve solar power generation sustainability

New Delhi : The Global Electricity Review 2024, estates a detailed analysis of power generation systems worldwide in 2023. It was published alongside the world’s first open dataset on electricity generation in 2023, covering 80 countries representing 92% of global electricity demand. : psuconnect.in


Oil and Gas

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” New Delhi : B Sudarshan has been appointed as the Executive Director (Refinery) of Mangalore Refinery and Petrochemicals Ltd (MRPL). He previously held the Group General Manager – Marketing Projects officeand was head of MRPL’s Bangalore Office.” : Sarkaritel.com

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” New Delhi : During 2023-24, All the PSUs under MoPNG have achieved more than 100% of their Budgeted capex. Overall achievement stands at Rs 1.31 lakh crore against target of 1.06 lakh crore, overshooting by 123%” : Sarkaritel.com

BPCL Q4 results, Consolidated net profit falls 30% to Rs 4,789 crore

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New Delhi : State-owned oil marketing company (OMC) BPCL reported a consolidated net profit of Rs 4,789.57 crore in the fourth quarter (January-March) of FY24. Net profit fell 30.28 percent compared to Rs 6,870.47 crore in the corresponding quarter of the previous year. : psuconnect.in

BPCL Appeals In London High Court Against Arbitral Award

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New Delhi : Bharat Petroleum Corp. has appealed in the London High Court against the judgement issued by the International Court, favouring Petrobras—the operators of Block BM Seal in Brazil. : NDTV Profit

Donald Trump asks oil firm CEOs to raise $1 billion for campaign

New Delhi : Donald Trump asks oil firm CEOs to raise $1 billion for campaign. : Economic Times

India’s petrochemical demand to grow 8% in 2024, margins under pressure amid market oversupply

New Delhi : India’s petrochemical demand to grow 8% in 2024, margins under pressure amid market oversupply. : Economic Times

ISMA seeks policy support to meet India’s 20% ethanol blending target

New Delhi : ISMA seeks policy support to meet India’s 20% ethanol blending target. : Economic Times

Oil & gas PSUs cut 15,700 jobs in 6 years even as revenue doubles

New Delhi : State-run oil and gas companies cut 15,700 jobs, or 14% of their workforce, in six years even as their revenues nearly doubled, with non-managerial jobs getting hit disproportionately. : Economic Times

Crude oil prices set for weekly gain as data from US, China points higher demand

New Delhi : Oil rose on Friday, set for a weekly gain, as data this week from the US and China, the world’s two largest crude users, pointed to higher demand and continuing uncertainty over the Gaza war supported prices. : Indian Express

HPCL Q4 FY24 net profit falls 25% YoY to Rs 2,709 crore

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New Delhi : Exceptional Financial Performance by Hindustan Petroleum Corporation Limited (HPCL) has been reported with stellar financial performance with a record Consolidated Profit after Tax (PAT) of Rs 16,015 crore during FY 2023-24. : psuconnect.in

HPCL Seeks Bids for 81.5 MW Rooftop and Floating Solar Project

New Delhi : HPCL Seeks Bids for 81.5 MW Rooftop and Floating Solar Project. : mercomindia.com

EET Fuels’ Stanlow Refinery completes 100 years of operations in UK

New Delhi : EET Fuels’ Stanlow Refinery completes 100 years of operations in UK. : Economic Times

OPEC switches to ‘call on OPEC+’ in global oil demand outlook, sources say

New Delhi : OPEC switches to ‘call o.n OPEC+’ in global oil demand outlook, sources say : Economic Times

BPCL to invest Rs 1.7 lakh cr in core, new energy business

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New Delhi : Bharat Petroleum Corporation Ltd (BPCL) plans to invest Rs 1.7 lakh crore over the next five years in its core oil refining, fuel marketing and petrochemical business as well as in clean energy such as hydrogen, its chairman G Krishnakumar said on Friday. : Economic Times

Off-grid solar investment down by 43% globally in 2023

New Delhi : Globally, total investment in the off-grid solar sector stood at $425 million in 2023, 43% less than the year prior, according to figures published by GOGLA. : pv-magazine.com

HPCL Floats EPC Tender for 78 MW Wind-Solar Hybrid Project

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New Delhi : HPCL Floats EPC Tender for 78 MW Wind-Solar Hybrid Project. : mercomindia.com

CPCL refinery achieves 111% of installed capacity

New Delhi : Due to effective management of its crude basket and other factors during 2023-24, the Chennai Petroleum Corporation Ltd (CPCL) Refinery at Manali has achieved the highest ever crude throughput of 11.64 million metric tonnes (MMT) so far. : Hindu

Tripura fuel crisis: Unruly situation in pumps; govt ‘trying to restore normalcy’ soon

New Delhi : Amid the week-long curbs imposed on the sale of petrol and diesel in Tripura due to the disruption of rail traffic triggered by landslides, protests and vandalisms are being reported as fuel stocks ran dry and people waiting in long queues were asked to come back the next day. : Indian Express

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