MEDIA UPDATE (NOVEMBER 28, 2022)

By Sarkaritel November 28, 2022 06:24

28-Nov-2022

“New Delhi : Cabinet Minister of Power and New & Renewable Energy Shri R.K. Singh inaugurated REC’s CSR initiative for procurement, operation and maintenance of ten Mobile Health Clinics (MHC) at Sadar Hospital, Aarah, Bhojpur District Bihar. The total cost of the project is Rs. 12.68 crore which will facilitate operational expenditure for three years for smooth functioning of the project.” : Sarkaritel.com

Power

New Delhi : NHPC Limited, India’s premier hydro power company observed ‘’Constitution Day’ across all its power stations, projects and units on 26th November 2022 to commemorate the adoption of the Constitution of India. On this occasion Shri Y.K. Chaubey, CMD, NHPC read out the ‘Preamble’ of the Constitution of India in the presence of NHPC officers and employees connected through online medium.” : Sarkaritel.com

BHEL celebrates 67th Karnataka Rajyotsava

Bengaluru : 67th Karnataka Rajyotsava was celebrated in the BHEL- Electronics Division, Bengaluru on November 25, 2022. Smt. Bani Varma, Executive Director (EDN), presided over the colourful function, organized jointly by BHEL Management & BHEEA under the auspices of BHEL Kannada Hitarakshana Samithi. : psuconnect.in

POWERGRID conferred CSR World Leader 2022 Award

Dimapur : The Power Grid Corporation of India Ltd. (POWERGRID), a Maharatna CPSU under Ministry of Power, Government of India has been conferred the CSR World Leader 2022 Award at a carbon-neutral presentation ceremony at the Houses of Parliament, Palace of Westminster, London on November 21. : morungexpress.com

Sri Lanka plans to end power cuts next year

Columbo : Sri Lanka’s Power and Energy Minister Kanchana Wijesekera on Saturday said that he will take all possible measures to ensure uninterrupted power supply by January next year. : Sarkaritel.com

An epic Ambani versus Adani clash over a Lanco asset has been put off for now

New Delhi : The auction of Lanco Amarkantak Power which would see the Ambanis and Adanis compete has been rescheduled by a week as the third bidder has sought additional time. : Economic Times

Punjab planning to equip all govt buildings with solar panels

Chandigarh : The Punjab government is mulling to equip all state government buildings with solar panels to further strengthen the clean energy infrastructure in the state. : Economic Times

SKS Power lenders extend due diligence deadline

New Delhi : Lenders to Chhattisgarh-based distressed electricity producer SKS Power Generation have extended the due diligence deadline for prospective buyers for a third time to December 9, pushing back the timeline for the resolution of the asset for which intense bidding is expected. : Economic Times

India’s electricity shortage erased by renewables growth

London : India’s electricity transmission system passed the difficult post-monsoon period this year with far less stress than in 2021, following a major effort to improve coal stocks and a big expansion of renewable generation capacity. : Economic Times

India eyes smaller nuclear reactors for clean energy transition: Union Minister Jitendra Singh

New Delhi : India is taking steps for the development of small modular Reactors with up to 300 MW capacity to fulfill its commitment to transitioning towards clean energy, Union Minister Jitendra Singh said Sunday. : Economic Times

Adani arm seeks licence to expand power distribution in parts of Mumbai

New Delhi : An Adani Group company has sought licence for expanding its power distribution business into more areas of Mumbai, including the country’s largest container port JNPT. : Business Standard

Indian Energy Exchange board approves Rs 98 crore share buyback plan

New Delhi : The Indian Energy Exchange (IEX) on Friday said its board has approved a proposal to buyback shares worth Rs 98 crore. A decision in this regard was taken at its board meeting held on Friday, according to a regulatory filing. : Economic Times

Google, Microsoft to use renewable energy sources in data centres

New Delhi : Google and Microsoft have both announced new agreements to lower their IT operations’ carbon footprint by using renewable energy sources in their data centres. : Economic Times

Rs 2 lakh cr to be invested in renewable energy sector: Karnataka CM

New Delhi : Karnataka Chief Minister Basavaraj Bommai on Saturday said there will be an investment of Rs 2 lakh crore in the state in the renewable energy sector. : Economic Times

IIT Madras, Australian varsities to launch ‘Australia-India Centre for Energy’ to work on SDGs

New Delhi : The Indian Institute of Technology (IIT), Madras is partnering with Australian Universities to launch “Australia-India Centre for Energy” to work on UN Sustainable Development Goals (SDGs). : Economic Times

Truss & Johnson join voices against Sunak over onshore wind farms

New Delhi : Former prime ministers Liz Truss and Boris Johnson joined a parliamentary rebellion aiming to overturn England’s effective ban on onshore wind farms, creating a fresh headache for UK leader Rishi Sunak. : Economic Times

Adani arm seeks licence to expand power distribution in Mumbai including JNPT

India ranks 4th in Renewable Energy installed capacity after China, EU, US; ‘country taking steps to develop SMR tech’

New Delhi : Union Minister Jitendra Singh said India is at fourth position globally after China, EU and the US in installed Renewable Energy capacity, and is taking steps to develop Small Modular Reactors (SMR) for a clean energy transition. : timesnownews

Have energy needs, no cut for coal phase-down: Power minister R K Singh at Idea Exchange

New Delhi : ASSERTING THAT it was wrong to expect India to start reducing its coal capacities, Union Power Minister R K Singh said the country will continue to set up new coal-fired power plants to meet its growing electricity needs — making it clear the promised phase-down of coal will happen in terms of its declining share in the overall fuel mix and not as an absolute cut in existing capacities. : Indian Express

TN forms panel under Arvind Subramanian to study issues of power sector

Chennai : The State government has formed a sub-committee under the economic advisory council to study issues of power sector and to suggest strategic measures. : dtnext.in

WAPCOS conferred with ‘Best HR Company to Work’

Mumbai : WAPCOS conferred with “Best HR Company to Work” organised by “WORLD MARKETING CONGRESS AND AWARDS” at a glittering ceremony held at Mumbai. : psuconnect.in

IREDA Celebrates Constitution Day

New Delhi : Indian Renewable Energy Development Agency Ltd. (IREDA) celebrated Constitution Day, today, by organizing a webinar on “Indian Constitution, Idea of India”. : psuconnect.in

86% households now get zero power bill, figure to rise to 95% soon, says Bhagwant Mann

New Delhi : Chief Minister Bhagwant Mann on Saturday said that more than 95 per cent of families in Punjab will get zero electricity bills in the coming months. : Indian Express

Oil and Gas

Kirit Parikh panel likely to recommend price cap for ONGC gas, no change in formula for Reliance

New Delhi : A government-appointed gas price review panel, led by Kirit Parikh, is likely to recommend price caps for natural gas produced from legacy fields of state-owned firms to help moderate CNG and piped cooking gas rates, while keeping the pricing formula for difficult fields unchanged. : Economic Times

EIL conferred with Rajbhasha Award by MoP&NG

New Delhi : Engineers India Limited (EIL) has been conferred with the Official Language Award for 2019-20 by the Ministry of Petroleum & Natural Gas for exemplary initiatives undertaken for the promotion of Rajbhasha. : psuconnect.in

Energy-rich Qatar faces fast-rising climate change risks at home

New Delhi : At a suburban park near Doha, the capital city of Qatar, cool air from vents in the ground blasted joggers on a November day that reached almost 32 degrees Celsius (90 degrees Fahrenheit). : Economic Times

Russia drafts decree banning oil sales to price-cap participants

New Delhi : The Kremlin is drafting a presidential decree that will prohibit Russian companies and any traders buying the nation’s oil from selling it to anyone that participates in a price cap, according to a person with knowledge of the matter. : Economic Times

EU diplomats suspend talks on capping Russian oil prices as divisions stick

New Delhi : European Union diplomats suspended talks on capping Russian oil prices, as Poland and the Baltic states objected to a proposal they consider too generous to Moscow. : Business Standard

Alumina Refinery bagged Platinum recognition

New Delhi : Alumina Refinery has bagged the PLATINUM recognition in CII-EXIM BANK Business Excellence awards 2022 for the 4th consecutive year & in addition, a special jury award as Consistent Progressive Performer. : psuconnect.in

No exemption to exploratory drilling in coastal regulation zones: Govt

New Delhi : The Centre has decided against allowing exploratory drilling for oil and natural gas in coastal regulation zones (CRZ) without prior approval. However, traditional coastal communities have been allowed to remove sand bars in the intertidal areas through a non-mechanised manual method and put up temporary and seasonal structures (such as shacks) during non-monsoon months, according to a notification issued by the Union Environment Ministry on Thursday. : Economic Times

China, India squeeze big oil discounts out of Russia, hitting Putin’s war chest

New Delhi : North American import bans and self-sanctioning by refiners and traders in Europe have barely dented the flow of crude from Russian ports, with volumes successfully diverted east. : Economic Times

Russia drafts decree banning sale of oil to price-cap participants

BPCL recycles 250 MT waste plastic to build 27,000 SQM road

Mumbai : Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company, Oil Marketing Companies, has today announced that they have recycled 250 MT waste plastic to build 27,000 SQM road using the novel Waste Plastic Road (WPR) Process developed by its Corporate Research & Development Centre (CRDC). : psuconnect.in

Oil tankers guarded by armed personnel enter violence-hit Meghalaya as fuel supply resumes

Shillong : At least 20 oil tankers, guarded by armed personnel, entered Meghalaya from Assam on Friday, ending the uncertainty over fuel supply to the state, officials said. : theprint.in

Petrol, Diesel Price Today, 27 Nov 2022: Fuel prices unchanged; Check rates in Delhi, Mumbai, other cities

Lucknow : The price of petrol and diesel remained steady on 27 November 2022 (Sunday), maintaining its six-month long streak. Petrol and diesel in Delhi are trading at Rs 96.72 and Rs 89.62 per litre, respectively. : Financial Express