MEDIA UPDATE (May 17, 2022)

Sarkaritel
By Sarkaritel May 17, 2022 06:39


17-May-2022


“New Delhi : Girl Empowerment Mission (GEM), the flagship CSR initiative of NTPC Ltd in empowering young girls, to realise their dreams has achieved the newer heights of success.” : Sarkaritel.com

Power

INNOVATION: IIT Gandhinagar develops framework to cut power transmission damage in cyclones

New Delhi : Researchers at the Indian Institute of Technology (IIT), Gandhinagar, have developed a comprehensive framework that can reduce the damage to power transmission systems in coastal areas under cyclone scenarios. : Economic Times

Power Grid commences Swachhata Pakhwada 2022

New Delhi : Power Grid commences SwachhataPakhwada2022 & is spreading awareness through van and various activities being conducted in Gurugram NCR from 16 May-31 May, 2022. : psuconnect.in

DGTR for continuation of anti-dumping duty on Chinese solar glass

New Delhi : The commerce ministry’s investigation arm DGTR has recommended for continuation of anti-dumping duty on Chinese solar glass for two years with a view to guard domestic players from cheap imports. : Economic Times

How the new Latin America left is seeking a greener future

New Delhi : Colombia’s presidential front-runner Gustavo Petro wants, if he wins later this month, to stop all new oil exploration and move his country to a greener future. : Economic Times

Tata Power bags 300MW solar project worth ₹1,731 crore

New Delhi : Tata Power Company in a regulatory filing said on Monday that its wholly-owned subsidiary Tata Power Solar Systems won an order to build a 300-megawatt solar project for state-owned utility major NHPC at an all-inclusive price of ₹1,731 crore. : Mint

Electric vehicles’ batteries are getting really expensive to make. So now what?

New Delhi : Investors are shocked that the world’s biggest electric vehicle battery maker’s earnings tanked last quarter. They wouldn’t have been if they had looked past the hype. It’s time to wonder what’s next, though — will battery makers just keep getting squeezed? : Economic Times

Swachhta Pakhwada commences at NTPC Coal Mining HQ

New Delhi : As part of observance of Swachhta Pakhwada-2022 at NTPC Coal Mining Headquarters, Ranchi from May 16 to May 30,2022.Swachhta Pledge was administered in Hindi and English by Shri Partha Mazumder, Regional Executive Director(Coal Mining ) today in the august presence of Heads of the department and other employees. : psuconnect.in

Dirty liberal pipe-dream: 3 myths about electric cars

Paris, France : Sceptics say that far from helping save the planet, electric cars are a liberal pipe-dream whose environmental benefits are exaggerated. : Economic Times

Casino says it plans to sell renewable energy unit, shares up

Paris, France : French retailer Casino said in a statement it had launched a process to sell its renewable energy unit GreenYellow with a view to a potential transaction by the end of the year, sending its shares up 3.6 per cent. : Economic Times

Daily News Wrap-Up: NHPC Awards 1 GW Solar EPC Contracts to Adani, Tata, Shirdi Sai

New Delhi : NHPC Limited awarded engineering procurement and construction contracts worth ₹66.04 billion (~$851.72 million) to develop 1 GW of grid-connected solar projects. : mercomindia.com

Tata Power Solar bags 300 MW solar project worth Rs 1,731 crore from NHPC

New Delhi : Tata Power Solar, a wholly-owned subsidiary of Tata Power, on Monday said it has bagged an order of 300 megawatt (MW) solar project worth Rs 1,731 crore from NHPC. : Economic Times

Adani to acquire Holcim India assets for USD 10.5 bn

New Delhi : Asia’s richest man Gautam Adani’s group on Sunday said it has clinched a deal to acquire a controlling stake in Holcim Ltd’s businesses in India for USD 10.5 billion, marking the ports-to-energy conglomerate’s entry into the cement sector. The Adani Group will acquire 63. : Economic Times

SJVN CMD apprised Nepal Finance Minister about ongoing progress of Hydro Electric Project

New Delhi : Chairman & Managing Director, SJVN Sh. Nand Lal Sharma met the Hon’ble Finance Minister of Nepal , Sh.Janardan Sharma at Kathmandu. Sh. Sharma apprised Hon’ble Minister about the progress of ongoing works of 900 MW Arun-3 Hydro Electric Project, Nepal. : psuconnect.in

Bengaluru-based startup Pravaig to supply batteries for European forces

New Delhi : Made in India tactical batteries will power equipment used by European combat forces as Benguluru-based startup Pravaig has won an order to supply compact energy storages, the company said in a statement. : Economic Times

Top five EVs in India with the longest range and fast charging

New Delhi : Electric cars surely are the future, and each year car manufacturers in India are coming up with new battery-operated vehicles. However, India is still far behind in terms of EV infrastructure. T : Economic Times

HP invites bids to run 27 hydro power projects

Shimla : The Himachal Pradesh government will allot 27 hydroelectricity projects of 722.4-megawatt combined tentative power generation capacity in Chamba, Kangra, Lahaul-Spiti, Kullu, Shimla and Kinnaur districts. It has invited bids from the private sector for running these projects on ‘build, own, operate, and transfer (BOOT)’ basis. : Economic Times

Country has constraints in availability of domestic coal: Govt

New Delhi : The country is facing constraints in the domestic coal availability and the rest of the dry fuel demand needs to be met with imports, according to the coal ministry. The ministry has also emphasised that coal block holders — both captive and commercial — have a major role to play in mitigating the coal shortfall situation. : Economic Times

Gencos may face action over low coal stocks

New Delhi : Power regulator Central Electricity Regulatory Commission (CERC) has proposed a reduction in the tariffs of electricity from plants that do not maintain adequate coal stocks. : Economic Times

Despite soaring mercury levels in Delhi, power demand declines: Data

New Delhi : Despite record day temperatures in Delhi, the power demand in the past few days has declined mainly due to holidays, discom officials said on Monday. A tormenting heatwave swept through the city on Sunday with the mercury leaping to 49.2 degrees Celsius at Mungeshpur in northwest Delhi and 49.1 degrees Celsius at Najafgarh in the city’s southwest. : Economic Times

As electricity demand soars, wind and hydropower come to the rescue

New Delhi : A pick-up in wind speed in Karnataka and Tamil Nadu before the onset of early monsoons is helping meet electricity demand across India, said two government officials aware of the development. : Mint

3 in 5 Indian homes face power outages amid massive heat waves

New Delhi : As heatwave like condition grapples the country, India faces the worst power outages in more than 6 years amid a soaring heatwave and high temperatures across states and UTs due to coal shortage and fuel used in electricity generation in the country. : Mint

IREDA Keen To Promote Renewable Energy Projects In Odisha

New Delhi : Pradip Kumar Das, Chairman & Managing Director (CMD), Indian Renewable Energy Development Agency Ltd. (IREDA) met Suresh Chandra Mahapatra, Chief Secretary, Govt of Odisha, in Bhubaneshwar on May 13 over the prospects of Renewable Energy in the state. : saurenergy.com

Solis Races To 2 GW Milestone In India

New Delhi : Solis has achieved a remarkable milestone of 2GW shipments in India. The number is remarkable for the sheer acceleration since 2020, besides the fact that for a large part of its existence here, it was focused completely on the commercial, industrial and rooftop segment, staying away from utility scale sales. : saurenergy.com

Rajasthan Invites Bids To Procure Solar Cells Of 5.64 W

New Delhi : Rajasthan Electronics and Instruments (REIL) has invited bids to procure 180,000 monocrystalline or multicrystalline solar cells of 5.64 W capacity. : saurenergy.com

MSEDCL Invites Bids for 325 MW of Wind Power; Tariff Cap of ₹2.65/kWh, 12 Year PPA

New Delhi : Maharashtra State Electricity Distribution Company Limited (MSEDCL) has invited bids to procure 325 MW of power from intrastate wind projects. : mercomindia.com

Bids Invited for Rooftop Solar Systems and Solar Streetlights in Odisha

New Delhi : Odisha Renewable Energy Development Agency (OREDA) has invited bids for the design, engineering, supply, installations, testing, and commissioning of 1.058 MW of rooftop solar systems and 44 solar street lighting systems at government buildings. : mercomindia.com

Indian Oil Floats Consultancy Tender for a 2.25 MW Solar Project in Madhya Pradesh

New Delhi : Indian Oil Corporation Limited (IOCL) has invited bids for providing consultancy services to set up a 2.25 MW solar project at its LPG bottling plant in Jabalpur. Consultants are required to help with the long-term open access and project registration with the renewable energy department of Madhya Pradesh. : mercomindia.com

” New Delhi : The six-day Intra Regional Sports Meet- IRSM of ER-II (Football) 2022 started today at NTPC Bongaigaon’s Netaji Subhas Chandra Bose Stadium. Subrata Mandal, ED, NTPC Bongaigaon inaugurated the event in which four teams of the region participated comprising of NTPC Bongaigaon, Darlipalli, Talcher Thermal and Talcher Kaniha.” : Sarkaritel.com

NTPC’s Girl Empowerment Mission touches newer heights of success

Mumbai : Girl Empowerment Mission (GEM), the flagship CSR initiative of NTPC Ltd in empowering young girls, to realise their dreams has achieved the newer heights of success. : psuconnect.in

EVRE sets-up first residential EV charging facility in East Delhi

New Delhi : EVRE today installed the first EV charging facility in a residential society in East Delhi. The EVRE Infinity EV Charger is deployed at Nagarjuna Apartments in Mayur Vihar and inaugurated by the Deputy Chief Minister of Delhi, Manish Sisodia. : Economic Times

SJVN to develop hydel 490 MW Arun-4 power project worth Rs 4,900 crore in Nepal

New Delhi : State-owned SJVN Ltd will develop another hydro power project Arun-4 worth Rs 4,900 crore in Nepal. A Memorandum of Understanding (MoU) for the development of the 490 MW Arun-4 hydro electric project in Nepal has been signed in Lumbini, Nepal in the presence of Prime Minister Narendra Modi and Prime Minister of Nepal Sher Bahadur Deuba, the company said in a statement on Monday. : Economic Times

SJVN signed mou with NEA for development of 490 MW Arun-4 Hydro Electric Project

New Delhi : A Memorandum of Understanding (MoU) for development of 490 MW Arun-4 Hydro Electric Project in Nepal has been signed in Lumbini, Nepal in the benign presence of Prime Minister of India Sh. Narendra Modi and Prime Minister of Nepal Sh. Sher Bahadur Deuba. : psuconnect.in

BEL to manufacture battery packs for Triton electric trucks

Bengaluru : The Pune unit of Navratna Defence PSU Bharat Electronics Limited (BEL) will manufacture Li-ion battery packs for the electric trucks of US-based Triton, as part of an MoU signed between the two companies. : Economic Times

CIL to auction shut mines as heatwave fuels power crisis

New Delhi : Coal India Ltd (CIL) will invite bids from the private sector to reopen 20 closed mines in the next few weeks, two people aware of the matter said, outlining a move to revive pits once considered unprofitable as a severe heatwave drives demand for power. : Mint

China’s April coal output leaps 11 per cent on year, but demand downturn looms

Beijling : China’s daily coal output in April jumped 11 per cent from the same month a year earlier, boosted by Beijing’s order to increase supply to ensure security of the country’s energy supply, but the volume dropped from a record high set in March. : Economic Times

EV fires: Companies charged up about EV battery localisation

New Delhi : With several recent incidents of electric two-wheeler batteries causing vehicle fires still under investigation, a section of industry is betting that locally manufactured battery cells might be a safer bet in Indian conditions. : Economic Times

CERC Issues New Regulations to Boost Renewable Energy Certificates Trading

New Delhi : The Central Electricity Regulatory Commission (CERC) has issued ‘Terms and Conditions for Renewable Energy Certificates for Renewable Energy Generation Regulations, 2022.’ : mercomindia.com

GreenCell Mobility to deploy 50 electric buses in 4 districts of Maharashtra

Mumbai : EverSource Capital-backed shared electric mobility platform GreenCell Mobility on Monday said it plans to deploy 50 electric buses in four districts of the state in a phased manner for inter-city travel. : Economic Times

Centre increases power quota of city by 9 per cent till August-end

Chandigarh : The central government has increased quota of electricity by 9 per cent from April 15 till the end of August to help the city deal with a rise in demand that has started leading to unscheduled power cuts, taking its total : Economic Times

No shortage? State manages to meet peak power demand in May

Bhopal : Compared to the month of April when the state failed to meet the peak demand on at least eight days — May has fared better with peak power demand being met on all days. : Economic Times

Workers’ association calls for ‘One Nation, One Grid, One Rule’

Nashik : Calling for strengthening of the power sector and doing away with the policy of privatizing government organisations in the power sector, the Akhil Bhartiya Vidyut Majdoor Mahasangh — after its 17th triennial All India Conference at Nashik — has stressed on the need for ‘One Nation, One Grid, One Rule’ policy. : Economic Times

INNOVATION: Israel to test floating sun-tracking system to generate clean electricity

New Delhi : Israel has announced a project for testing an artificial intelligence (AI) floating system to generate electricity by tracking the sun, the state’s Finance Ministry and the Israel Innovation Authority (IIA) said in a joint statement. The project was announced on Sunday, Xinhua news agency reported. : Economic Times

Karnataka gets Rs 2,800 crore from energy sale

Bengaluru : Karnataka’s energy success story appears to be moving from strength to strength with the state earning a record Rs 2,836 crore from sale of power in the 2021-22 fiscal. : Economic Times

EESL prepares for big push into retail space

New Delhi : State-run Energy Efficiency Services Ltd (EESL) plans to increase its presence in the business-to-consumer (B2C) retail space through offline and online channels, with products such as smart bulbs, inverter bulbs, energy efficient ACs, fans and induction cooking stoves with an initial investment of around ₹30 crore, the company’s sales head Animesh Mishra said. : Mint

BEL to manufacture battery packs for Triton electric trucks

New Delhi : The Pune Unit of Navratna Defence PSU Bharat Electronics Limited (BEL) will manufacture Li-ion battery packs for the electric trucks of Triton, US, as part of an MoU signed between the two companies to explore manufacturing of battery cells in India for Energy Storage Systems and electric vehicles in the Heavy Vehicle segment for the requirements of customers in USA, India and other countries. : psuconnect.in

Maharashtra invites bids for 325MW of wind energy supply

New Delhi : Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued tender inviting bids for the supply of 325 MW of Wind Power on a Long Term basis. The exercise is being undertaken for intra-state wind power projects. : saurenergy.com

Airtouch Solar Wins Key Deal With Hero In India

New Delhi : Israel based robotic cleaning solutions firm Airtouch Solar continues to expand its Indian footprint. The company reports today that its wholly owned subsidiary signed agreements with customers, including an existing client Hero Future Energies. : saurenergy.com

Odisha Regulator Allows Net Metering for Rooftop Solar Capacity up to 500 kW

New Delhi : The Odisha Electricity Regulatory Commission (OERC) has allowed a net metering facility for rooftop solar systems up to 500 kW or up to the sanctioned load, whichever is lower, as long as it is within 75% of the transformer capacity. : mercomindia.com

Uttarakhand Approves Generic Tariff & Benchmark Cost for Solar Projects

New Delhi : Uttarakhand Electricity Regulatory Commission (UERC) has announced the generic tariff for solar, solar thermal, and grid-interactive rooftop and small solar projects to be commissioned in FY 2022-23. : mercomindia.com

Top Utility-Scale Solar EPC Companies in 2021 – Sterling and Wilson, Siemens Gamesa, and Tata Power

New Delhi : Sterling and Wilson, Siemens Gamesa, and Tata Power Solar were the top utility-scale solar engineering, procurement, and construction (EPC) service providing companies in the calendar year (CY) 2021, according to Mercom’s recently released India Solar Market Leaderboard 2022. : mercomindia.com

West Bengal Proposes New Regulations for Open Access Power Projects

New Delhi : The West Bengal Electricity Regulatory Commission (WBERC) has issued the draft ‘Open Access Regulations, 2022.’ Stakeholders can submit their suggestions and comments before June 2, 2022. : mercomindia.com

Production-Linked Incentive Program for Solar Module Manufacturing Revamped

New Delhi : The Ministry of New and Renewable Energy (MNRE) has issued draft guidelines to implement the second phase (Tranche II) of the Production-Linked Incentive (PLI) program under the ‘National Program on High-Efficiency Solar Modules’ to achieve gigawatt-scale high-efficiency solar modules manufacturing capacity. : mercomindia.com

Oil and Gas

Petrol, diesel sales rebound in May

New Delhi : India’s petrol and diesel consumption jumped in May as pick up in the economic activity as well as the start of the harvesting season aided the return of demand, a preliminary industry data showed on Monday. : Economic Times

Petrol, diesel prices today: No change in fuel rates. Check rates in 4 metros

New Delhi : The prices of petrol and diesel have remained unchanged for the last 40 days on Monday, 16 May. Petrol and diesel prices were last hiked by 80 paise a litre each on 6 April, Wednesday, taking the total increase in rates in 16 days to ₹10 per litre. : Mint

OPINION: Oil price volatility here to stay as supply, demand risks abound

New Delhi : A number of fears have gripped the oil market – recession, demand destruction, supply disruptions and rock bottom spare capacity to name a few. So, volatile prices are not surprising and are here to stay. For the oil market, the multitude of moving parts is enough to make anyone’s head spin. : Economic Times

CNG price hiked by Rs 2 per kg in Delhi-NCR

New Delhi : The Indraprastha Gas Limited (IGL) has hiked the price of Compressed Natural Gas (CNG) by Rs 2 per kg in Delhi-NCR, with effect from Sunday at 6 am. : Economic Times

Prudent to estimate GDP growth at 7.8-8 per cent at present oil price levels: CII President

New Delhi : India’s annual gross domestic product (GDP) growth is expected to be in the band of 7.4 per cent – 8.2 per cent depending upon the global oil prices according to the Confederation of Indian Industries (CII). : Economic Times

EU diplomat says no guarantee on oil embargo

New Delhi : The European Union’s top diplomat says there is no guarantee that the 27-nation bloc will be able to quickly agree on a new set of sanctions against Russia, as a small group of countries led by Hungary oppose an oil embargo. : Economic Times

CNG prices likely to fall over next few days, say industry executives

New Delhi : Compressed natural gas (CNG) prices will likely fall over the next few days as the overall cost of gas has reduced for city gas companies, according to industry executives who didn’t want to be named. : Economic Times

Ukraine restarts gas distribution stations, supplies in Kharkiv

New Delhi : Ukraine’s gas transit system operator said over the weekend that it had resumed operations at two distribution stations in the Kharkiv region and restarted gas supply to more than 3,000 consumers. : Economic Times

Jet fuel prices hiked by 5 per cent to new record high in Delhi

New Delhi : Aviation turbine fuel (ATF) prices were hiked by 5 percent, taking it to Rs.1.23 lakh per kilolitre in the national capital, according to state owned fuel retailers, Indian Oil Corporation. : Economic Times

Oman’s OQ invites banks to pitch for gas pipeline network IPO: sources

New Delhi : Oman’s state energy company OQ is considering an initial public offering of its gas pipelines network, four sources with knowledge of the matter told Reuters. : Economic Times

Oil prices drop on profit-taking, supply fears linger

Tokyo, Japan : Oil prices slipped on Monday, giving up earlier gains as investors took profits after a surge in the previous session, but global supply fears loomed with the European Union preparing to phase in a ban on imports from Russia. : Economic Times

India’s petrol, diesel sales rebound in May as pick-up in economic activity

New Delhi : India’s petrol and diesel consumption jumped in May as pick up in the economic activity as well as the start of the harvesting season aided the return of demand, a preliminary industry data showed on Monday. : Business Standard

Oil prices slide as investors take profit; supply fear still looms

New Delhi : Oil prices fell on Monday, paring early gains as investors took profit following a surge in the previous session, albeit in the shadow of supply fear as the European Union prepares an import ban on Russian crude and with limited increase in OPEC output. : Business Standard

Jet fuel prices at all-time high with 5.3% hike; 10th increase this year

New Delhi : Jet fuel prices on Monday were hiked by a steep 5.3 per cent – the tenth straight increase this year — to an all-time high, in line with a surge in global energy prices. : Business Standard

Saudi Aramco profit soars 82% on high oil prices in first quarter

New Delhi : Saudi Aramco posted its highest profit since its record stock-market listing, after oil prices surged in the wake of Russia’s invasion of Ukraine. : Business Standard

Petronet LNG achieves highest ever topline growth and consolidated profit

New Delhi : During the quarter ended 31st March, 2021 (current quarter), Dahej terminal processed 178 TBTU of LNG as against 196 TBTU processed during the previous quarter ended 31st December, 2021 and 204 TBTU processed during the corresponding quarter ended 31st March, 2021. : millenniumpost.in

Saudi Arabia on track to hit oil output of over 13 mln bpd by 2027: minister

New Delhi : Saudi Arabia is on track to lift oil production capacity by more than 1 million barrels per day to over 13 million barrels bpd by the end of 2026 or start of 2027, the energy minister said on Monday. : Economic Times

GAIL Contract To Build India’s largest PEM based Green Hydrogen Project

New Delhi : GAIL Limited has awarded a contract to set up one of the largest Proton Exchange Membrane (PEM) Electrolyser to produce 4.3 MT Hydrogen a day in India. In tandem with the National Hydrogen Mission, the renewable energy-powered project would be installed in Guna, Madhya Pradesh. : saurenergy.com

How the new Latin America left is seeking a greener future

New Delhi : Colombia’s presidential front-runner Gustavo Petro wants, if he wins later this month, to stop all new oil exploration and move his country to a greener future. : Economic Times

Low carbon-emitting technologies crucial to address climate change: WEF paper

New Delhi : Development and upscaling of ‘low carbon-emitting technologies’ (LCETs) in the chemical industry is crucial to address climate change but are strongly affected by the political and legal environment, a new white paper said on Monday. : Economic Times

Indian Oil Floats Consultancy Tender for a 2.25 MW Solar Project in Madhya Pradesh

New Delhi : Indian Oil Corporation Limited (IOCL) has invited bids for providing consultancy services to set up a 2.25 MW solar project at its LPG bottling plant in Jabalpur. Consultants are required to help with the long-term open access and project registration with the renewable energy department of Madhya Pradesh. : mercomindia.com

EU’s Russia sanctions effort slows over oil dependency

New Delhi : The European Union’s efforts to impose a new round of sanctions against Russia over the war in Ukraine appeared to be bogged down on Monday, as a small group of countries opposed a ban on imports of Russian oil. : Economic Times

Sempra Energy strikes LNG supply deal with Polish Oil & Gas

New Delhi : Sempra Energy said on Monday it would sell three million tonnes of liquefied natural gas each year to Polish Oil & Gas Co , in another sign of rising interest in US supplies following Russia’s invasion of Ukraine. : Economic Times

Iran considering gas exports to Europe: official

Tehran : Iran is considering the possibility of exporting gas to Europe, an oil ministry official said Sunday against the backdrop of soaring energy prices due to Russia’s war in Ukraine. : Economic Times

China has helped drive up Asian diesel profits; it could lower them, too: Russell

Brisbane : China’s ongoing battles to contain COVID-19 outbreaks and the Western world’s shunning of Russian crude oil and refined products have pushed the profit of making diesel in Asia to record levels. : Economic Times

India delivers over 400,000 MT of fuel to Sri Lanka

Columbo : Amid the worst economic crisis in Sri Lanka, India took another initiative to extend support and supplied 12 shipments and over 400,000 Metric Tones (MT) of fuel to the island nation. : Economic Times

Tea planters pleaded to the Union Government to bring natural gas under the ambit of GST

New Delhi : North Eastern Tea Association (NETA) stated that there is abnormal surge in Natural Gas price has become detrimental for the Tea Industry. This time the industry is hard hit by the multi fold increase of Gas price. : Economic Times

Compressed natural gas set to be cheaper by ₹5-6 per kg

New Delhi : Compressed natural gas (CNG) prices are likely to fall over the next few days as the overall cost of gas has reduced for city gas companies, said industry executives. State-run GAIL NSE 1.96 % will supply natural gas at $8.04 per mmBtu during the second fortnight of May to city gas companies for domestic use and transport, said the executives, who did not wish to be identified. : Economic Times

Oil prices fall on profit booking, growth concerns

New Delhi : Crude oil prices declined on Monday as traders booked profits after prices increased in the previous session. : Mint

Oil prices rise on China’s demand recovery, gasoline at an all-time high

New Delhi : Oil prices rose on Monday on optimism that China would see significant demand recovery after positive signs that coronavirus pandemic was receding in the hardest-hit areas. : Business Standard

Sarkaritel
By Sarkaritel May 17, 2022 06:39