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MEDIA UPDATE (OCTOBER 19, 2024)

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19-Oct-2024

Power

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” New Delhi : The Society for Human Resource Management (SHRM) India organised SHRM HR Excellence Awards Ceremony on 17th October 2024 in New Delhi to recognise organisations that put people first, deliver future-focused excellence in the field of People Management and understand the importance of human capital as a key contributor to business outcomes.” : Sarkaritel.com

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” New Delhi : Minister of Energy and Natural Resources of Bhutan, Lyonpo Gem Tshering, met with the Union Minister of Power and Housing & Urban Affairs, Manohar Lal, in New Delhi today. The meeting focused on strengthening the longstanding cooperation between the two nations in the hydropower sector.” : Sarkaritel.com

Sembcorp secures 150MW wind-solar hybrid project from SECI

New Delhi : Sembcorp secures 150MW wind-solar hybrid project from SECI. : Economic Times

Andhra eyes Rs 10 lakh cr investment in clean energy, net zero by 2047

New Delhi : Andhra eyes Rs 10 lakh cr investment in clean energy, net zero by 2047. : Economic Times

NSE-listed Oriana Power to invest Rs 10,000 cr in solar, green hydrogen, storage

New Delhi : NSE-listed Oriana Power to invest Rs 10,000 cr in solar, green hydrogen, storage. : Economic Times

Coal ministry initiates solar energy, waste management programs under Special Campaign 4.0

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New Delhi : Coal ministry initiates solar energy, waste management programs under Special Campaign 4.0. : Economic Times

Tata Power bags project SPV ERES-XXXIX from REC Power Development

New Delhi : Tata Power bags project SPV ERES-XXXIX from REC Power Development. : Economic Times

Big Tech’s energy needs mean nuclear power is getting a fresh look from electricity providers

New Delhi : Big Tech’s energy needs mean nuclear power is getting a fresh look from electricity providers. : Economic Times

Rays Power Infra expands RE portfolio; secures projects worth Rs 940 crore

New Delhi : Rays Power Infra expands RE portfolio; secures projects worth Rs 940 crore. : Economic Times

L&T partners with US firm to provide clean energy solutions globally

New Delhi : Larsen & Toubro (L&T) on Friday said it has entered into a pact with US-based Clean Core Thorium Energy (CCTE) for providing efficient solutions in clean energy globally. : Business Standard

Tata Power firm launches programme to promote solar power in Tamil Nadu

New Delhi : Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, on Friday launched a programme to bring sustainable and affordable solar energy to households in Tamil Nadu. : Business Standard

Azure Power secures REC and HSBC refinancing, completes early bond prepayment

New Delhi : Azure Power Global Ltd, a renewable power producer in India, announced this week the successful completion of its INR 24 billion refinancing transaction, structured as an INR Term Loan underwritten solely by REC Ltd. : pv-magazine.com

SJVN receives 2 awards for HR Excellence

New Delhi : SJVN has been conferred with two prestigious awards in SHRM India HR Awards 2024 in the Public Sector Enterprises category. : psuwatch.com

Commercial coal mine auctions: Govt receives 44 bids for 67 mines under 10th round

New Delhi : A total of 44 bids have been received by the Ministry of Coal for 67 coal mines that were put up on offer under the 10th round of commercial coal mine auctions. In a statement, the Ministry of Coal said. : psuwatch.com

Ruchir Agrawal set to be next Director (Finance) of SJVN

New Delhi : Ruchir Agrawal is set to be next Director (Finance) of SJVN Limited, a PSU under the Ministry of Power. He has been recommended for the post by the Public Enterprises Selection Board (PESB) Panel on Friday. : psuwatch.com

SECI Seeks Bids To Combine 5 MW Solar With Saffron Farming In J&K

New Delhi : SECI Seeks Bids To Combine 5 MW Solar With Saffron Farming In J&K. : saurenergy.com

NTPC Announces Winners of 1200 MW Hybrid Tender

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New Delhi : NTPC Announces Winners of 1200 MW Hybrid Tender. : saurenergy.com

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” New Delhi : India’s foray into green hydrogen, green ammonia and greater storage sectors will holistically help in combating climate change and reduce the country’s import bill on crude oil, lowering trade deficits and the need for forex, Union Minister of Commerce and Industry, Piyush Goyal, said on Friday.” : Sarkaritel.com

$215 billion needed for India’s green energy push as coal keeps dominance

New Delhi : $215 billion needed for India’s green energy push as coal keeps dominance. : Economic Times

JSW Energy arms ink pacts to supply 1,200 MW solar-wind power to Maharashtra discom

New Delhi : JSW Energy arms ink pacts to supply 1,200 MW solar-wind power to Maharashtra discom. : Economic Times

BEST plea to snap purchase deal with Tata Power rejected

New Delhi : BEST plea to snap purchase deal with Tata Power rejected. : Economic Times

JSW Energy ink pacts to supply 1,200 MW solar-wind power to Maha discom

New Delhi : JSW Energy on Friday said that its two arms have signed agreements to supply 1,200 MW of power to Maharashtra State Electricity Distribution Company. : Business Standard

NTPC allocates 976 MW solar at an average price of $0.030/kWh

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New Delhi : NTPC Ltd has allocated 976 MW out of the tendered 1.2 GW solar capacity at an average price of INR 2.50 ($0.030)/kWh. SAEL Industries secured 300 MW by placing the lowest price of INR 2.50/kWh. Refex Green and Rays Power Infra won 100 MW each, at INR 2.50/kWh. : pv-magazine.com

Govt approves three pilot projects in steel production under National Green Hydrogen Mission

New Delhi : As part of the National Green Hydrogen Mission, the union government has sanctioned three pilot projects for use of hydrogen in steel production. : pv-magazine.com

Bhutan, India discuss ways to strengthen cooperation in hydropower

New Delhi : Minister of Energy and Natural Resources of Bhutan, Lyonpo Gem Tshering called upon Union Power Minister Manohar Lal on Friday and discussed ways to strengthen cooperation on hydropower between the two nations. : psuwatch.com

L&T ties up with US firm to provide clean energy solutions globally

New Delhi : Larsen & Toubro (L&T) on Friday said it has entered into a pact with US-based Clean Core Thorium Energy (CCTE) for providing efficient solutions in clean energy globally. : psuwatch.com

Coal Ministry PSUs initiates Sustainability and Cleanliness drive under Special Campaign 4.0

New Delhi : In the ongoing Special Campaign 4.0, the Ministry of Coal, along with its Public Sector Undertakings (PSUs), has been actively implementing various activities identified during the campaign’s preparatory phase. : psuconnect.in

Maharashtra: JSW Energy Signs Pact For 1200 MW Hybrid Projects

New Delhi : Maharashtra: JSW Energy Signs Pact For 1200 MW Hybrid Projects. : saurenergy.com

MNRE Aims To Add More Vendors For PM Surya Ghar, Issues EOI

New Delhi : MNRE Aims To Add More Vendors For PM Surya Ghar, Issues EOI. : saurenergy.com

Odisha’s Paradip Port Plans To Solarise Operations, Issues Tender

New Delhi : Odisha’s Paradip Port Plans To Solarise Operations, Issues Tender. : saurenergy.com


Oil and Gas

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” New Delhi : India’s foray into green hydrogen, green ammonia and greater storage sectors will holistically help in combating climate change and reduce the country’s import bill on crude oil, lowering trade deficits and the need for forex, Union Minister of Commerce and Industry, Piyush Goyal, said on Friday.” : Sarkaritel.com

Oil edges up, but on track for biggest weekly loss in over a month

New Delhi : Oil edges up, but on track for biggest weekly loss in over a month. : Economic Times

Government approves three pilot projects to use hydrogen energy in steel production under National Green Hydrogen mission

New Delhi : Government approves three pilot projects to use hydrogen energy in steel production under National Green Hydrogen mission. : Economic Times

India Steps Up Push for Ethanol as Fuel, Automakers Seek Differential Pricing

New Delhi : India Steps Up Push for Ethanol as Fuel, Automakers Seek Differential Pricing. : Mint

Gas distributors IGL, MGL likely to raise CNG prices following 20% APM cut

New Delhi : India’s leading city gas distributors Mahanagar Gas Ltd (MGL) and Indraprastha Gas Ltd (IGL), may raise prices after the government reduced their gas allocation under the Administered Price Mechanism (APM) by 20 per cent. : Business Standard

India’s crude oil import bill surge 12% in H1 FY25 amid domestic slump

New Delhi : India’s crude oil import expenditure saw a 12 per cent rise during the first half of FY25, reaching $71.3 billion, compared to $63.7 billion in the same period of FY24, according to data released by the Petroleum Planning and Analysis Cell. : Business Standard

Eyeing $87 bn investment in petrochemicals sector over next decade: Puri

New Delhi : India is expected to receive investments worth $87 billion in the next decade to meet the nation’s rising demand for petrochemicals, the country’s oil minister Hardeep Singh Puri said on Friday. : Business Standard

Vedanta to invest Rs 1 lakh crore in Odisha to set up alumina refinery, aluminium plant

New Delhi : Metal and mining major Vedanta on Friday announced an investment of Rs 1 lakh crore in Odisha to set up an alumina refinery and an aluminium plant in the state. : psuwatch.com

Three Pilot projects in Steel Sector launched under the National Green Hydrogen Mission

New Delhi : As part of the National Green Hydrogen Mission, the Union Government has sanctioned three pilot projects for the use of Hydrogen in steel production. Earlier the Ministry of New and Renewable Energy had issued guidelines for the Implementation of Pilot projects in the Steel Sector under this Mission. : psuconnect.in

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On October 18

New Delhi : Petrol, Diesel Prices Today On October 18, 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

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” Mumbai : Hindustan Petroleum Corporation Limited (HPCL) has earned widespread recognition for its exemplary Corporate Social Responsibility (CSR) efforts, solidifying its position as a leader in sustainable community development.” : Sarkaritel.com

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” New Delhi : The market size of the Indian chemicals and petrochemicals sector is expected to grow to approximately $300 billion by 2025, up from its current market size of $220 billion, Union Petroleum Minister Hardeep Singh Puri said on Friday.” : Sarkaritel.com

IOC buys U.S. WTI crude for January delivery

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New Delhi : IOC buys U.S. WTI crude for January delivery. : Economic Times

Natural Gas Consumption in India hits 36,850 MMSCM from Apr-Sept 2024, production lags

New Delhi : Natural Gas Consumption in India hits 36,850 MMSCM from Apr-Sept 2024, production lags. : Economic Times

NSE-listed Oriana Power to invest Rs 10,000 cr in solar, green hydrogen, storage

New Delhi : NSE-listed Oriana Power to invest Rs 10,000 cr in solar, green hydrogen, storage. : Economic Times

Oil prices set for biggest weekly loss in over a month on demand worries

New Delhi : Oil prices set for biggest weekly loss in over a month on demand worries. : Economic Times

IIT Indore develops catalyst for economical production of pure hydrogen from methanol

Indore : IIT Indore develops catalyst for economical production of pure hydrogen from methanol. : Economic Times

India’s HPCL to start LNG terminal around year-end, seeks term supply, sources say

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Mumbai : India’s Hindustan Petroleum Corp (HPCL) is seeking a liquefied natural gas (LNG) cargo to commission its new import terminal in December or January, and is in talks with between eight and nine companies for long-term supply, three sources said. : Economic Times

Margin pressure ahead as city gas distribution majors continue to struggle

New Delhi : The city gas distribution (CGD) sector is struggling to cope with a sharp reduction in allocation of administered price mechanism (APM) gas. : Business Standard

Crude oil steadies, but on track for biggest weekly loss in over a month

New Delhi : Oil futures steadied on Friday after data showed a fall in crude and fuel inventories in the United States and the emergence of more fiscal stimulus to boost China’s economy, though prices were headed for their biggest weekly loss in more than a month. : Business Standard

US sanctions 2 Indians for alleged ties to Houthis transporting Iranian oil

New Delhi : The US has sanctioned 18 companies and individuals, including two Indians, for their alleged ties to a Houthi network transporting Iranian oil, revenue from which enables Houthi attacks on Israel and disrupting shipping in the Red Sea region. : Business Standard

Assam Petrochemicals, FC TecNrgy collaborate to produce high-grade methanol

New Delhi : Assam Petrochemicals Limited has entered into a partnership with Gurgaon-based FC TecNrgy, a leading producer of fuel cells and alternate energy solutions, to produce high-grade methanol tailored for India’s fuel cell market. : Business Standard

World Biogas Association India Congress 2024 to take place in New Delhi from Oct 23-24

New Delhi : The World Biogas Association INDIA Congress 2024 is set to take place from October 23 to 24 at Le Méridien in New Delhi. : psuwatch.com

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