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MEDIA UPDATE (OCTOBER 03, 2024)

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03-Oct-2024

Power

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” New Delhi : NLC India Limited joined the Nation in paying rich tributes to Mahatma Gandhiji, the Father of our Nation, on his 155th birth anniversary today.” : Sarkaritel.com

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” New Delhi : Rich floral tributes were paid to the Father of the Nation, Mahatma Gandhi, and India’s second Prime Minister, Lal Bahadur Shastri, on their birth anniversaries at NTPC Bongaigaon.” : Sarkaritel.com

NLCIL Observes Gandhi Jayanthi

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New Delhi : NLC India Limited joined the Nation in paying rich tributes to Mahatma Gandhiji, the Father of our Nation, on his 155th birth anniversary today. : psuconnect.in

PFC Organizes Large-Scale Shramdaan as part of ‘Swachhta Hi Seva’

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New Delhi : In line with the ongoing Swachhta Hi Seva fortnight, PFC organized a Shramdaan activity today, around its corporate office bringing together over 500 enthusiastic participants from the Ministry of Power, Power PSUs, and PFC. : psuconnect.in

NTPC reported 3.9% growth in power generation in H1FY25

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New Delhi : In the first half of the fiscal year 2025, NTPC Ltd, India’s largest power generator, saw a 3.91 percent increase in power generation, reaching 219.94 billion units (BU) compared to the same period in the previous year. : psuconnect.in

NHPC signs MoU with Vivekananda Kendra Vidyalaya, Dhemaji

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New Delhi : The State-owned NHPC 2000MW Subansiri Lower HE Project has signed an MOU with Vivekananda Kendra Vidyalaya in Dhemaji. : psuconnect.in

Bengal Cabinet okays 660 MW supercritical power plant, 5 other electricity facillities

New Delhi : Bengal Cabinet okays 660 MW supercritical power plant, 5 other electricity facillities. : Economic Times

Delhi govt to audit DISCOMs on pension surcharge issue

New Delhi : Delhi Chief Minister Atishi has ordered a special audit of power companies to look into the pension surcharge issue, an official statement said on Wednesday. : Economic Times

Reliance Group to build solar and hydro-power projects in Bhutan

New Delhi : Anil Ambani-run Reliance Group said on Wednesday it would jointly develop solar and hydro power projects in Bhutan along with the government’s investment arm. : Mint

Anil Ambani’s co partners DHI to set up 1.2 GW solar, hydro power in Bhutan

New Delhi : Marking its first foreign venture, Anil Ambani-led Reliance Group on Wednesday said it has entered into a partnership with Druk Holding and Investments (DHI), the commercial arm of the Royal Government of Bhutan, to jointly develop solar and hydropower projects in the neighbouring country. : Business Standard

Tripartite pact on power export to Bangladesh to be signed on Oct 3

Kathamandu, Nepal : Nepal, Bangladesh and India will ink a long-awaited tripartite agreement on Thursday to export electricity to Bangladesh, an official said on Wednesday. : psuwatch.com

DDA allows DISCOMs to provide new electricity connections without reference to authority

New Delhi : DDA allows DISCOMs to provide new electricity connections without reference to authority. : Economic Times

India’s coal production hits 68.94 million tonnes in September 2024, up 2.49%

New Delhi : India’s coal production hits 68.94 million tonnes in September 2024, up 2.49%. : Economic Times

Avaada Group commits Rs 1 lakh cr investment in Rajasthan

New Delhi : Avaada Group commits Rs 1 lakh cr investment in Rajasthan. : Economic Times

Adani Group merges two energy infrastructure subsidiaries with ANIL

New Delhi : Adani group has merged two step-down subsidiaries with green hydrogen and wind turbine manufacturing firm Adani New Industries Ltd, according to a stock exchange filing on Wednesday. : Business Standard

Valuation upgrades likely ahead for transmission major Power Grid

New Delhi : Power Minister Manohar Lal Khattar recently stated that the National Electricity Plan (NEP) 2023-32 for central and state transmission systems estimates a total transmission capital expenditure (capex) requirement of $110 billion (Rs 9.15 trillion) towards grid expansion. : Business Standard

Reliance to set up 1,270 MW projects in Bhutan

New Delhi : Anil Ambani-led Reliance Group on Wednesday announced its foray into Bhutan and said it will set up 1,270 megawatt solar and hydroelectric projects in the Himalayan Kingdom. : psuwatch.com

Power Grid signs SHA with RVPN to form JV in Rajasthan

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New Delhi : State-owned Power Grid has executed a Shareholders’ Agreement (“SHA”) with Rajasthan Rajya Vidyut Prasaran Nigam Limited. : psuconnect.in


Oil and Gas

PM Narendra Modi inaugurates GAIL’s CBG Plant in Ranchi

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New Delhi : Prime Minister Narendra Modi today inaugurated GAIL (India) Limited’s Compressed Bio Gas (CBG) plant in Ranchi, Jharkhand through virtual mode during a ceremony organised at Vigyan Bhawan, New Delhi to mark Swachh Bharat Diwas, 2024. : Sarkaritel.com

IOC rights issue deferral signals no GOI shift on disinvestment policy

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New Delhi : India’s largest state-owned oil marketing company, Indian Oil Corporation (IOC), is caught between the rock of the government’s bare minimum shareholding and the hard requirement of raising over Rs 1 trillion to finance its projects. : Business Standard

Alphageo India receives contract worth Rs.131.63 crore from Oil India

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New Delhi : Alphageo (India) Limited has secured a contract worth Rs. 131.63 crore from Oil India Limited. The project involves the acquisition of 2D seismic data in the Ganga and Punjab Basin to support oil and gas exploration in these regions. : psuconnect.in

Indian Oil unveils two innovative products

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New Delhi : Indian Oil Corporation Limited (IOCL), the leading oil PSU in India unveiled the two innovative products under Indian Oil’s superbrand ’Indane’. : psuconnect.in

Fuel consumption in India: Diesel drops, While ATF and petrol rise in September

New Delhi : Fuel consumption in India: Diesel drops, While ATF and petrol rise in September. : Economic Times

Centre weighs building natural gas trading hub

New Delhi : India is planning to build a natural gas trading hub to help develop a competitive domestic gas market. : Economic Times

Russia’s Gas Business will Never Recover from the War in Ukraine

New Delhi : Russia’s Gas Business will Never Recover from the War in Ukraine. : Mint

Oil prices increases by more than 3% as West Asia tensions escalate

New Delhi : Oil prices climbed more than 3 per cent on Wednesday on rising concerns that Middle East tensions could escalate, potentially disrupting crude output from the region, following Iran’s biggest ever military blow against Israel. : Business Standard

BP to continue with Ambani firm even after exclusivity with Reliance ends

New Delhi : Global supermajor BP Plc’s exclusivity with Reliance Industries Ltd has ended but the energy giant will continue to pursue oil and gas as well as mobility ventures in India with the Mukesh Ambani firm owing to an unwritten strategic partnership, BP’s outgoing India head Sashi Mukundan said. : Business Standard

Deputy CM invites Japanese companies to set up fuel cell industries in Telangana: visit to Toshiba Industries

New Delhi : As part of his three-day visit to Japan, Telangana’s Deputy Chief Minister and Energy Minister, Sri Bhatti Vikramarka Mallu, had a busy Wednesday, visiting Toshiba’s headquarters and industries, discussing the setup of fuel cell divisions, and holding various meetings. : globalgreenews.com

PM Modi inaugurates gaushala with Bio CNG plant, launches projects in MP

New Delhi : Prime Minister Narendra Modi virtually inaugurated the ‘Lal Tipara Gaushala’ with Bio-CNG plant in Gwalior and launched various development projects of Rs 685 crore in Madhya Pradesh on the occasion of Swachhta Diwas on Wednesday. : Business Standard

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On October 2

New Delhi : Petrol, Diesel Prices Today On October 2, 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

Ambani’s Reliance won’t lose old partner BP despite end of exclusivity

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New Delhi : Global supermajor BP Plc’s exclusivity with Reliance Industries Ltd has ended but the energy giant will continue to pursue oil and gas as well as mobility ventures in India with the Mukesh Ambani firm owing to an unwritten strategic partnership, BP’s outgoing India head Sashi Mukundan said. : Economic Times

A full-blown Israel-Iran war can imperil India’s oil security

New Delhi : A bigger war looms over the conflict-ridden Middle East after Iran attacked Israel with barrage of missiles on Tuesday night. While Israel has vowed to make Iran “pay” for firing missiles at its territory, Tehran warned on Wednesday it would launch an even bigger attack if it is targeted. : Economic Times

Saudi Ministers Warns of $50 Oil as OPEC+ Members Flout Production Curbs

New Delhi : Saudi Ministers Warns of $50 Oil as OPEC+ Members Flout Production Curbs. : Mint

Energy merchants use little known rule to reroute US cargoes of Brent oil

New Delhi : Big energy merchants trading oil cargoes that form the basis of the Brent benchmark have used a little known rule to reroute U.S. shipments from Europe, in a practice that raises doubts over whether reforms to the crude price marker have succeeded. : Business Standard

Yogi Adityanath announces free LPG cylinders for Ujjwala beneficiaries as ‘Diwali gift’

New Delhi : Ahead of the upcoming Navratri and Diwali, Uttar Pradesh Chief Minister Yogi Adityanath has announced a major gift for the people of the state. CM Yogi declared that beneficiaries of the Pradhan Mantri Ujjwala Yojana (PMUY) will receive free LPG cylinders. : indiatvnews.com

PM Narendra Modi to virtually inaugurate gaushala with bio CNG plant in Gwalior

New Delhi : Prime Minister Narendra Modi will virtually inaugurate the Lal-Tipara Gaushala with bio-CNG plant in Gwalior and also lay the foundation stone of or launch development projects worth Rs 685 crore in the state on Gandhi Jayanti on Wednesday, Madhya Pradesh Chief Minister Mohan Yadav said. : Zeebiz

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