By Sarkaritel November 21, 2022 06:14

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New Delhi : NHPC is inviting applications from eligible applicants for scholarship under “NHPC Sports Scholarship scheme for upcoming sports persons” for 16 games – Football, Kabaddi, Hockey, Boxing, Archery, Athletics, Shooting, Cricket, Swimming, Wrestling, Volleyball, Bridge, Table Tennis, Chess, Badminton and Para sports. :

PFC sanctions Rs 3,940 crore loan for Machilipatnam port in Andhra

New Delhi : Power Finance Corporation has sanctioned a loan of Rs 3,940 crore for the construction of the Machilipatnam greenfield seaport, Lok Sabha MP V Balashowri said on Saturday. : Business Standard

PM Modi dedicates Kameng hydro power station to Nation implemented by NEEPCO

New Delhi : Arunachal Pradesh: Hon’ble Prime Minister Shri Narendra Modi dedicated 600 MW Kameng HPS to the Nation on 19th November 2022 implemented by NEEPCO Ltd. in the State of Arunachal Pradesh. :

BHEL bags 8 Gold Awards at ICQCC – 2022

New Delhi : Eight Quality Circle Teams from BHEL’s Bengaluru (EDN & SBD), Haridwar (HEEP & CFFP), Bhopal, Trichy, Ranipet, Haridwar and Thirumayam units were presented the awards at the International Convention on Quality Control Circles (ICQCC – 2022) held at Jakarta, Indonesia, from 15th to 18th November 2022. :

Coal India inks MoU with Coal Ministry

New Delhi : Coal India Limited has signed a Memorandum of Understanding (MoU) with Ministry of Coal (MoC) for its key performance areas for the financial year 2022-23. :

NTPC Swayamsiddha Ladies Club distributes essential food items at Children’s Shelter Home

Ranchi : Good Nutrition is important for a healthy life. With this noble thought, Swayamsiddha Ladies Club, NTPC Coal Mining HQ, Ranchi distributed essential food items to the needy children of Asha children’s shelter home in Tupudana, Ranchi as part of a CSR initiative. :

PM inaugurates first greenfield airport ‘Donyi Polo Airport, Itanagar’ in Arunachal Pradesh

Itanagar : Prime Minister Narendra Modi inaugurated Donyi Polo Airport, Itanagar to the nation today. The foundation stone for this airport was laid by the Prime Minister himself in February 2019. Work on the airport has been completed within a short span of time, despite the challenges due to the pandemic in between. :

FM Sitharaman urges AIIB to invest in renewable energy in India

New Delhi : Finance Minister Nirmala Sitharaman on Friday urged the Asian Infrastructure Investment Bank (AIIB) to scale up investments and mobilise private finance in India’s key priority areas like renewable energy, energy efficiency and climate smart technologies. : Economic Times

India to be 2nd largest economy by 2050, to add a trillion dollar to GDP every 12-18 months: Adani

Mumbai : Asia’s richest man Gautam Adani on Saturday said India, which took 58 years to become a trillion dollar economy, will add an equivalent sum to GDP every 12-18 months and will be the world’s second largest economy by 2050. : Economic Times

Coastal Karnataka to get massive investment in renewable energy sector: CM Bommai

Mangalore : Karnataka Chief Minister Basavaraj Bommai on Saturday said the state is expecting a huge investment in coastal districts in the area of renewable energy over the coming months. : Economic Times

Stalemate ends over 55 MW solar rooftop scheme

Jaipur : People looking to set up rooftop solar units will have more options now as the ministry of new and renewable energy (MNRE) has ended a stalemate involving discoms over 55 MW capacity under its subsidy scheme. : Economic Times

Union Minister Sarbananda Sonowal launches India’s first Centre of Excellence for Green Port and Shipping

New Delhi : NEW DELHI: With an aim to develop a regulatory framework and alternative technology adoption roadmap for Green Shipping to foster carbon neutrality and circular economy (CE) in the shipping sector in India, Union Minister of Ports, Shipping and Waterways and Ayush, Sarbananda Sonowal on Saturday announced India’s first National Centre of Excellence for Green Port & Shipping (NCoEGPS) a major initiative by the Ministry of Ports, Shipping towards providing greener solutions. : Economic Times

CMD IREDA addresses Seminar on “National Bioenergy Programme”

New Delhi : Shri Pradip Kumar Das, Chairman & Managing Director (CMD), Indian Renewable Energy Development Agency Limited (IREDA), delivered a keynote address, today, at a Seminar on “National Bioenergy Programme”. :

SECI Floats Tender to Select Module Manufacturers Under ₹195 Billion PLI Program

New Delhi : SECI Floats Tender to Select Module Manufacturers Under ₹195 Billion PLI Program. :

Tata ‘Power Cuts’: 92488 complaints registered in Bhubaneswar as discom seeks consumer support

New Delhi : Given that 92,488 complaints relating to power supply were registered alone in Bhubaneswar between June 2020 and September 2022, it stands to reason that the service provided by Tata Power is allegedly not up to the mark. :

Uttarakhand Releases Draft Solar Power Policy 2022; Offers Benefits to Power Generators

New Delhi : Uttarakhand Releases Draft Solar Power Policy 2022; Offers Benefits to Power Generators. :

PM Modi dedicates 600 MW Kameng hydro power project in Arunachal to nation

New Delhi : Prime Minister Narendra Modi on Saturday dedicated the 600 MW Kameng hydro power project in Arunachal Pradesh’s West Kameng district to the nation. : Business Standard

Ather Energy partners IDFC Bank for electric 2-wheeler financing scheme

New Delhi : Ather Energy, a smart electric scooter manufacturer has announced its partnership with IDFC Bank to offer a first-in-the-industry financing option to customers. : Mint

After Tripura, Arunachal becomes power surplus state in North East India

Itanagar : After Tripura, another northeastern state Arunachal Pradesh became the power surplus state after Prime Minister Narendra Modi dedicated the 600 MW Kameng Hydro Power plant to the nation at a function in Itanagar on Saturday. : Economic Times

Haryana has done remarkable work in power sector: Chief Minister Khattar

Chandigarh : Haryana Chief Minister Manohar Lal Khattar on Friday said the state has done remarkable work in the power sector in the last eight years. : Economic Times

Oil and Gas

ONGC to reverse oil, gas output decline; sees 18% jump in production in FY25

New Delhi : India’s largest oil and gas producer ONGC will this year reverse years of decline in production and gradually raise output thereafter as it invests billions of dollars to produce from newer discoveries, company’s management told investors in a call. : Economic Times

BPCL, HPCL and IOCL roll out Drive Fresh Campaign

Mumbai : Oil Marketing Companies, have announced the launch of Drive Fresh, which is an initiative to set up clean and hygienic toilets at their Fuel Stations along tourist routes – National Parks. :

Jio-BP says fuel supply by company not intermittent

New Delhi : Reliance Industries Ltd and BP plc’s fuel marketing venture Jio-bp has refuted allegations by some dealers that its fuel supply to retail outlets is intermittent. : Economic Times

ONGC sees 18% jump in production in the next three years

New Delhi : India’s largest oil and gas producer ONGC has said that the company’s oil production will jump by 18% by FY2024-25. : Mint

EIL wins job for Overall Project Management & EPCM Services for Group-II LOBS Project at Manali Refinery of CPCL

New Delhi : Engineers India Limited (EIL) has been entrusted by Chennai Petroleum Corporation Limited to render the Overall Project Management & EPCM Services for OHCU Revamp, CDWU and related Off-site facilities for Group-II LOBS Project at Manali Refinery. :

Jio-bp dealers seek changes to companies’ policies, form association

New Delhi : Dealers of Jio-bp have formed associations to voice their protest against policies of the fuel marketing joint venture between Reliance Industries and British oil and gas major BP Plc that they claimed are plunging their fuel retailing business into losses. : Economic Times

India may transport Russian oil to Bangladesh

New Delhi : India is exploring the possibility of emerging as a transit country to transport Russian oil and gas to Bangladesh after Turkey pitched in to emerge as a transit country for such supplies to India’s neighbour. : Economic Times

Kuwait posts smaller deficit for last fiscal year on higher oil

New Delhi : Kuwait’s fiscal deficit narrowed to 3bn dinars ($9.8bn) in the year through March, a drop of more than 72% on the previous year as oil prices recovered. :

Oil prices could soon break $100

New Delhi : Oil prices could soon return to above $100 per barrel again, much earlier than analysts predicted two months ago, despite global economic headwinds as Opec+ output cuts and EU embargo of Russian crude exports tightens overall supply, oil market analysts said. :

Austria announces windfall tax on energy companies

New Delhi : Austria’s government on Friday announced plans to introduce a windfall tax on energy companies that will be of up to 40 per cent for oil and gas firms. : Economic Times

Nigeria drops to seventh on OPEC production list

New Delhi : Nigeria now ranks seventh on Organisation of the Petroleum Exporting Countries’ crude oil production list, according to the organisation’s Monthly Oil Market Report for November, which examined oil production performance in October. :

Reconsideration of Colombia’s commitment to limit oil and gas exploration

New Delhi : The leftist government of Colombia has hinted that it would back down from its promise to block any new oil and gas exploration projects, stating that it will first review all current contracts as part of a revamp of the country’s fossil fuel sector. :

By Sarkaritel November 21, 2022 06:14

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