Uncategorized

MEDIA UPDATE (NOVEMBER 16, 2024)

16-Nov-2024

Power

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” Singapore : REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has been honored with the Adam Smith Awards ASIA 2024 in the “Best Funding Solution” category.” : Sarkaritel.com
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” New Delhi : The valedictory function of Vigilance Awareness Campaign – 2024 was conducted by NLCIL Vigilance Department, on 15.11.2024 at NLCIL’s Yegneswaran Auditorium, Learning & Development Centre, Neyveli.” : Sarkaritel.com
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” New Delhi : Union Minister for Power and Housing & Urban Affairs, Manohar Lal, jointly inaugurated the power flow from Nepal to Bangladesh, alongwith Md. Fouzul Kabir Khan, Adviser, Ministry of Power, Energy and Mineral Resources, Government of Bangladesh and Dipak Khadka, Minister of Energy, Water Resources and Irrigation, Government of Nepal through a virtual event hosted by the Ministry of Energy, Water Resources and Irrigation, Government of Nepal.” : Sarkaritel.com
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” New Delhi : DVC has issued the Notification of Award (NOA) to M/s. BHEL for the EPC contract of its 2×800 MW Koderma TPS Phase II on 14.11.2024. This landmark project will boost DVC’s generation capacity and advance DVC’s mission to provide reliable and sustainable power.” : Sarkaritel.com
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” New Delhi : The International Renewable Energy Agency (IRENA) on Friday unveiled a new partnership model that can accelerate renewable energy deployment and foster green industrialisation in Central Asia. The partnership was launched by IRENA at the COP29 Energy Transition Investment Forum for Central Asia.” : Sarkaritel.com

Business REC Limited receives Adam Smith Awards ASIA 2024 for Best Funding Solution

524db06275b53Singapore : REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has been honored with the Adam Smith Awards ASIA 2024 in the “Best Funding Solution” category. : orissadiary.com

REC receives Adam Smith Awards ASIA 2024 for best funding solution

524db06275b53New Delhi : REC Limited has been honored with the Adam Smith Awards ASIA 2024 in the “Best Funding Solution” category. : psuwatch.com

REC receives Adam Smith Awards ASIA 2024 for Best Funding Solution

524db06275b53New Delhi : REC Ltd, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has been honored with the Adam Smith Awards ASIA 2024 in the “Best Funding Solution” category. : Economic Times

Masdar, ACWA Power, SOCAR Green sign MoU for 3.5GW offshore wind projects in Azerbaijan

New Delhi : Masdar, ACWA Power, SOCAR Green sign MoU for 3.5GW offshore wind projects in Azerbaijan. : Economic Times

NPTC Green Energy IPO opens next week. GMP, price band, other details of upcoming IPO

526d57314ba45New Delhi : NPTC Green Energy IPO: The initial public offering (IPO) of NTPC Green Energy Limited will hit the Indian primary market on 19th November 2024, i.e. on Tuesday next week. : Mint

Power companies should coordinate in electricity production: Khattar

New Delhi : Union Minister of Power Manohar Lal Khattar emphasised the need for power companies to coordinate in electricity production and distribution to provide relief to consumers and prevent losses. : Business Standard

Govt mulling task force to push for 500 GW renewable energy capacity target

New Delhi : Union Minister Pralhad Joshi has proposed formation of a task force in consultation with the Ministry of Power to push efforts to meet India’s ambitious target of having 500 GW renewable energy capacity by 2030. : Business Standard

DVC awards EPC contract to BHEL for Koderma Thermal Power station phase-II

5270f43db9e7fNew Delhi : Damodar Valley Corporation (DVC) has issued the Notification of Award (NOA) to Bharat Heavy Electricals Limited (BHEL) for the Engineering, Procurement, and Construction (EPC) contract for its 2×800 MW Koderma Thermal Power Station (TPS) Phase II. : psuwatch.com

NTPC Korba Conducts Training Workshop on Labour and Industrial Laws

526d57314ba45New Delhi : NTPC Korba successfully organized a comprehensive training workshop on Labour and Industrial Laws from November 14th to 15th, 2024, aimed at enhancing employees’ knowledge of legal frameworks in the industrial sector. : psuconnect.in

SBI Securities assures Long-Term Subscribe Rating to NTPC Green Energy

526d57314ba45New Delhi : SBI Securities has given a long-term “subscribe” rating to the upcoming IPO of NTPC Green Energy. The research firm projects that the company’s operational capacity will increase to 19 gigawatts by FY27, up from 3.3 gigawatts in September 2024. : psuconnect.in

Centre aims to develop Odisha as a major hub for renewable energy: Union Minister Pralhad Joshi

Bhubaneswar : Union Minister of New and Renewable Energy Pralhad Joshi on Friday said that the Centre is planning to develop Odisha as a major hub for renewable energy and explore the scope of green hydrogen production in the state. : Sarkaritel.com

Pralhad Joshi proposes task force formation to achieve 500 GW RE target by 2023

Bhubaneswar : Union Minister of New and Renewable Energy Pralhad Joshi on Thursday proposed to form a task force, in consultation with the Ministry of Power, to align the efforts of all stakeholders to achieve the target of 500 gigawatts of renewable energy by 2030. : Sarkaritel.com

REC Limited receives Adam Smith Awards ASIA 2024 for Best Funding Solution

524db06275b53Singapore : REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC has been honored with the Adam Smith Awards ASIA 2024 in the “Best Funding Solution” category. : psuconnect.in

REC Receives Adam Smith Awards Asia 2024 For Best Funding Solution

524db06275b53New Delhi : REC, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has been honoured with the Adam Smith Awards ASIA 2024 in the “Best Funding Solution” category. : Business World

REC Limited receives Adam Smith Awards ASIA 2024 for Best Funding Solution

524db06275b53Singapore : REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has been honored with the Adam Smith Awards ASIA 2024 in the “Best Funding Solution” category. : kashmirobserver.net

Coal ministry reviews 127 blocks, reports 33% increase in production

52c44698bc0a7New Delhi : Coal ministry reviews 127 blocks, reports 33% increase in production. : Economic Times

RECPDCL hands over Odisha power transmission project SPV to Tata Power

524db06275b53New Delhi : RECPDCL hands over Odisha power transmission project SPV to Tata Power. : Economic Times

India, Nepal, Bangladesh launch first trilateral power flow transaction from Nepal to Bangladesh

New Delhi : Union Minister for Power and Housing and Urban Affairs, Manohar Lal Khattar, jointly inaugurated the first trilateral power flow transaction from Nepal to Bangladesh through a virtual event hosted by Nepal’s Ministry of Energy, Water Resources, and Irrigation on Friday. : Economic Times

NTPC-ONGC green energy joint venture bids $650m for Ayana Renewable

526d57314ba45New Delhi : A joint venture between India’s NTPC Green Energy and ONGC Green Energy is the highest bidder for Ayana Renewable Power having bid about $650 million, two people involved in the deal told Reuters. : Business Standard

Khattar launches 1st trilateral power flow deal from Nepal to Bangladesh

New Delhi : Union Minister for Power and Housing and Urban Affairs, Manohar Lal Khattar, jointly inaugurated the first trilateral power flow transaction from Nepal to Bangladesh through a virtual event hosted by Nepal’s Ministry of Energy, Water Resources, and Irrigation on Friday. : Business Standard

SECI invites bids for 400 MWp solar modules with cell manufacturing, supply project

New Delhi : State-owned Solar Energy Corporation of India (SECI) has invited bids for manufacturing and supply of 400 mega watt peak (MWp) of solar modules with cells. : psuwatch.com

Nepal exports 40 MW power to Bangladesh for the first time

New Delhi : Nepal on Friday, for the first time, exported 40 megawatts of electricity to Bangladesh through an Indian transmission line, as per a tripartite agreement. : psuwatch.com

First trilateral power transaction inaugurated from Nepal to Bangladesh

New Delhi : Union Minister for Power and Housing & Urban Affairs, Shri Manohar Lal, jointly inaugurated the power flow from Nepal to Bangladesh, along with Md. Fouzul Kabir Khan, Adviser, Ministry of Power, Energy and Mineral Resources, Government of Bangladesh, and Mr. Dipak Khadka, Minister of Energy, Water Resources and Irrigation, Government of Nepal through a virtual event hosted by the Ministry of Energy, Water Resources and Irrigation, Government of Nepal. : psuconnect.in

Tata Power signs share purchase agreement to acquire Special Purpose Vehicle

New Delhi : Tata Power Company Limited has signed the Share Purchase Agreement (‘SPA’) and acquired a 100% equity stake in ERES-XXXIX Power Transmission Limited (“ERES-XXXIX “), a special purpose vehicle (“SPV”). : psuconnect.in

BHEL wins 2×800 MW Koderma Thermal Power Project Phase II EPC contract from DVC

526d4d77ceb9fNew Delhi : Damodar Valley Corporation (DVC) has issued the Notification of Award (NOA) to BHEL for the EPC contract of its 2×800 MW Koderma TPS Phase II on 14.11.2024. : psuconnect.in

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Oil and Gas

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” Greater Noida : Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Friday said that the government aims to expand the country’s oil exploration acreage to 1 million sq km by 2030 to further bolster India’s energy security.” : Sarkaritel.com
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” New Delhi : Oil India CMD Ranjit Rath said on Thursday that Public Sector Enterprises (PSEs) have a responsibility of not only running a business but doing so with the intent of serving social commitments.” : Sarkaritel.com
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” Mumbai : GAIL (India) Limited has won the SAP ACE Award 2024 for Best Financial Transformation, the second consecutive year it has earned the recognition.” : Sarkaritel.com

GAIL inks 10-year LNG supply deal with ADNOC Gas

526baa47d40b9New Delhi : GAIL inks 10-year LNG supply deal with ADNOC Gas. : Economic Times

Explorations need to be fasten from 10 years now to under a year: ONGC Chairman

524e3664f21b1New Delhi : Explorations need to be fasten from 10 years now to under a year: ONGC Chairman. : ANInews.com

Oil dips on oversupply concerns, heads for weekly loss

New Delhi : Oil dips on oversupply concerns, heads for weekly loss. : Economic Times

India looks to increased oil production from US, Canada to stabilise markets: Puri

New Delhi : India looks to increased oil production from US, Canada to stabilise markets: Puri. : Economic Times

Oilfield amendment bill to provide policy stability, says Oil Minister Hardeep Singh Puri

New Delhi : Greater Noida: A bill to amend the existing law governing exploration and production of oil and gas will provide policy stability to investors as also promote ease of doing business, Oil Minister Hardeep Singh Puri said on Friday. : Economic Times

ONGC-NTPC green energy joint venture bids $650m for Ayana Renewable

524e3664f21b1New Delhi : A joint venture between India’s NTPC Green Energy and ONGC Green Energy is the highest bidder for Ayana Renewable Power having bid about $650 million, two people involved in the deal told Reuters. : Business Standard

Govt announces more cuts in supply of domestic gas to CNG retailers

New Delhi : The government has for the second time in a month cut supplies of cheaper domestically produced natural gas to CNG retailers, who have warned of their profitability being hit. : Business Standard

GAIL wins SAP ACE Best Financial Transformation Award for the second year in a row

526baa47d40b9New Delhi : GAIL (India) Limited has won the SAP ACE Award 2024 for Best Financial Transformation, the second consecutive year it has earned the recognition. : psuwatch.com

EIL Achieves Milestone: 5 Catofin Reactors Erected at GAIL USAR PDH-PP

52c020c48187cNew Delhi : The team of Engineers India Limited (EIL) a leading Engineering Consultancy and EPC company announced the successful erection of 5 Catofin Reactors at GAIL USAR PDH-PP. : psuconnect.in

Energy tech startup ChargeMOD and HPCL joins hand for EV charging setup

52c021b320336New Delhi : Energy tech start-up chargeMOD, a leading provider of electric vehicle (EV) charging solutions, has announced a collaboration with Hindustan Petroleum Corporation Ltd. : psuconnect.in

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On November 15

New Delhi : Petrol, Diesel Prices Today On November 15, 2024: Every day at 6 a.m., oil marketing companies (OMCs) announce the price of petrol and diesel, maintaining consistency despite these commodities’ inherent volatility. : news18.com

More cuts in domestic gas supply to CNG firms, IGL says to impact profitability

New Delhi : The government has for the second time in a month cut supplies of cheaper domestically produced natural gas to CNG retailers, who have warned of their profitability being hit. : Economic Times

Oilfield amendment bill to provide policy stability: Puri

New Delhi : A bill to amend the existing law governing exploration and production of oil and gas will provide policy stability to investors as also promote ease of doing business, Oil Minister Hardeep Singh Puri said on Friday. : Mint

Stronger oil trade tops PM Modi’s agenda for Nigeria and Guyana visits

New Delhi : Prime Minister Narendra Modi left for a three-nation tour to Nigeria, Brazil, and Guyana on Friday. The trip would highlight India’s strategic push to diversify its energy sources and strengthen trade partnerships in crude oil. : Business Standard

BPCL wins multiple awards at 18th Global Communication Conclave

52c021a3416f1New Delhi : Bharat Petroleum Corporation Limited (BPCL) has achieved a remarkable feat at the 18th Global Communication Conclave, hosted by the Public Relations Council of India (PRCI). : psuwatch.com

BPCL Shines at 18th Global Communication Conclave, Wins Multiple Awards

52c021a3416f1Mumbai : Bharat Petroleum Corporation Limited (BPCL), a Fortune Global 500 Company and proud ‘Maharatna,’ has achieved a remarkable feat at the 18th Global Communication Conclave, hosted by the Public Relations Council of India (PRCI). : psuconnect.in

Petrol and diesel prices slightly decrease in Bhubaneswar on November 15, 2024

Bhubaneswar : The petrol and diesel prices in Odisha’s capital city Bhubaneswar have slightly dropped on November 15, 2024. On Friday, the petrol rate has been recorded at Rs 100.93 per litre, while the diesel cost has been recorded at Rs 92.65 per litre. : kalingatv.com

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