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MEDIA UPDATE (May 18, 2024)

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18-May-2024

Power

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” New Delhi : Power Finance Corporation organised a mass mobilisation campaign at DTEA Mandir Marg and Lodhi Estate schools for Swachhta Pakhwada 2024! Students received sanitation kits and refreshments and engaged in an informative session on cleanliness.” : psuconnect.in

ADB approves $148 mn loan to improve power supply in Sikkim

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New Delhi : ADB approves $148 mn loan to improve power supply in Sikkim. : Economic Times

International Energy Agency warns of key energy mineral shortage risk

New Delhi : International Energy Agency warns of key energy mineral shortage risk. : Economic Times

Tata Power-DDL meets record peak power demand of 2035 MW in North Delhi

New Delhi : Tata Power-DDL meets record peak power demand of 2035 MW in North Delhi. : Economic Times

SJVN Invites Bids For 376 MWp GUVNL Solar Project

New Delhi : SJVN Invites Bids For 376 MWp GUVNL Solar Project. : saurenergy.com

Rajasthan Regulator Approves Tariff for NLC India’s 810 MW Solar Project

New Delhi : Rajasthan Regulator Approves Tariff for NLC India’s 810 MW Solar Project. : mercomindia.com

SJVN’s Subsidiary Invites Bids for 377 MW of Solar Module

New Delhi : SJVN’s Subsidiary Invites Bids for 377 MW of Solar Module. : mercomindia.com

ADB Approves $148 Million Loan for Modernization of Sikkim’s Power Distribution

New Delhi : ADB Approves $148 Million Loan for Modernization of Sikkim’s Power Distribution. : mercomindia.com

NTPC Renewable Energy Floats EPC Tender for 225 MW Solar Porjects in Gujarat

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New Delhi : NTPC Renewable Energy Floats EPC Tender for 225 MW Solar Porjects in Gujarat. : mercomindia.com

ONGC, NTPC Green Energy may come together to bid for Ayana Renewable

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New Delhi : Oil and Natural Gas Corporation (ONGC) and NTPC Green Energy are reportedly in talks to form a consortium to bid for Ayana Renewable Power, which is owned by the National Investment and Infrastructure Fund (NIIF), as interest grows in acquiring the Bengaluru-based firm. : Moneycontrol.com

ITI Limited bags Letter of Intent worth Rs. 37.5 cr for solar street light systems in Bihar

New Delhi : ITI Limited bags Letter of Intent worth Rs. 37.5 cr for solar street light systems in Bihar. : Economic Times

Vikram Solar bags 397.7 MWp module supply order for NTPC’s Gujarat project

New Delhi : Vikram Solar bags 397.7 MWp module supply order for NTPC’s Gujarat project. : Economic Times

NCLAT allows Sarda Energy to seek tribunal nod for its SKS Power offer

New Delhi : The National Company Law Appellate Tribunal (NCLAT) has allowed Sarda Energy & Minerals (SEML) to seek a final clearance from the bankruptcy court for its offer for SKS Power Generation, setting aside the lower court’s order in October that had asked the committee of creditors (CoC) to reconsider its decision to award the 600 MW power producer to SEML. : Economic Times

The rise of solar co-ops: Collective action for installation advancement

New Delhi : India, with a population of 1.4 billion, has become the world’s most populated nation. This rise in population, along with impressive economic growth, has intensified energy demands. : pv-magazine.com

Vikram Solar Wins a 397.7 MWp Module Supply order for NTPC Khavda Project

Chennai : Vikram Solar, a frontrunner in India’s solar module manufacturing, has secured a landmark 397.7 MWp module supply order for NTPC Renewable Energy Limited. : psuconnect.in

Top Rooftop Solar Installers in 2023

New Delhi : Top Rooftop Solar Installers in 2023. : mercomindia.com

Singareni Collieries Issues Consultancy Tender for 67.5 MW Solar Project

New Delhi : Singareni Collieries Issues Consultancy Tender for 67.5 MW Solar Project. : mercomindia.com

Coal India Subsidiary Invites Bids for 20 MW of Solar Projects in Odisha

New Delhi : Coal India Subsidiary Invites Bids for 20 MW of Solar Projects in Odisha. : mercomindia.com

Emmvee, Vikram, Renew Win NTPC REC’s 1.58 GW DCR Solar Modules Auction

New Delhi : Emmvee, Vikram, Renew Win NTPC REC’s 1.58 GW DCR Solar Modules Auction. : mercomindia.com

Reliance completes sale of REC’s polysilicon manufacturing unit

New Delhi : Reliance Industries Ltd (RIL) announced this week that its step-down arm REC Solar Holdings AS has completed sale of its kerf-based polysilicon manufacturing arm REC Solar Norway to Elkem ASA, an Oslo Stock Exchange-listed silicon-based material provider. Consequently, REC Norway has ceased to be a subsidiary of the Company. : pv-magazine.com

SJVN launches tender for 376.60 MWp of solar modules

New Delhi : SJVN Green Energy Ltd, a wholly owned subsidiary of SJVN Ltd, is accepting bids for production and supply of solar PV modules with a cumulative capacity of 376.60 MWp. : pv-magazine.com

Delhi’s power demand crosses 6,800 MW as mercury rises: Discoms

New Delhi : The rising temperature in the national capital pushed the power demand to 6,800 MW, highest this summer, discom officials said. : Economic Times


Oil and Gas

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” New Delhi : Secretary, Ministry of Steel, Nagendra Nath Sinha said on Friday that the government is working on introducing a green hydrogen-based process in the steel industry where the iron will be directly reduced with 100 per cent hydrogen, resulting in a sharp reduction in carbon emissions.” : Sarkaritel.com

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” New Delhi : Taking another step towards expanding its LNG carrier fleet, GAIL (India) Limited has entered into a 14-year Time Charter Party with Cool Company Ltd (NYSE: CLCO / CLCO.OL, “CoolCo”), a pure play LNG shipping company, for a newbuild LNG carrier.” : psuconnect.in

ONGC, NTPC Green Energy may come together to bid for Ayana Renewable

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New Delhi : Oil and Natural Gas Corporation (ONGC) and NTPC Green Energy are reportedly in talks to form a consortium to bid for Ayana Renewable Power, which is owned by the National Investment and Infrastructure Fund (NIIF), as interest grows in acquiring the Bengaluru-based firm. : Moneycontrol.com

Reliance faces many hurdles in getting crucial crude delivered as global market struggles

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New Delhi : Reliance faces many hurdles in getting crucial crude delivered as global market struggles. : Economic Times

India plans to scale up green hydrogen production, aims for global leadership: MNRE Secretary

New Delhi : India plans to scale up green hydrogen production, aims for global leadership: MNRE Secretary. : Economic Times

Oil set for weekly gain on signs of improving demand

New Delhi : Oil set for weekly gain on signs of improving demand. : Economic Times

Chinese biofuel firms invest in ‘green’ jet fuel, eye new blending rule

New Delhi : Biofuel firms are pouring more than $1 billion into building China’s first plants to turn waste cooking oil into aviation fuel for export and meet domestic demand once Beijing mandates the fuel’s use on airplanes to cut emissions. : Business Standard

India’s oil demand surges to 4.5 million barrels per day, aims for top demand hub by 2030

New Delhi : India’s oil demand surges to 4.5 million barrels per day, aims for top demand hub by 2030. : Economic Times

Vedanta plans to raise up to Rs 8,500 cr via issuance of securities

New Delhi : Vedanta plans to raise up to Rs 8,500 cr via issuance of securities. : Economic Times

Indian Oil completes Mercator acquisition

New Delhi : Indian Oil Corp Ltd (IOCL), India’s largest oil marketing company has completed the Rs 148 crore deal to acquire oil and gas company Mercator Petroleum, its first acquisition through the insolvency and bankruptcy code (IBC). : Economic Times

China’s annual oil refinery output falls for first time in 20 months

New Delhi : China’s refinery output fell 3.3 per cent in April from a year earlier, the first annual decline in 20 months, as large refiners carried out regular maintenance and small independent plants curbed production due to thin profit margins. : Business Standard

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On May 17

New Delhi : Petrol and Diesel Prices On May 17, 2024: Oil marketing companies have released petrol and diesel prices for May 17, 2024. The price of petrol and diesel is released daily. In such a situation, the driver should get petrol refilled after checking the latest rates. Let us tell you that fuel prices are different in all the cities. : news18.com

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