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MEDIA UPDATE (SEPTEMBER 05, 2024)

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05-Sep-2024

Power

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” New Delhi : As per Policy of Govt. of Maharashtra for Development of Pumped Storage Projects (PSPs) in the state, NHPC signed a Memorandum of Understanding (MoU) on 03.09.2024 at Mumbai with the Department of Water Resources, Government of Maharashtra.” : Sarkaritel.com

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” New Delhi : The 7-A-Side Departmental Football Tournament 2024 at NTPC Bongaigaon concluded with an electrifying final match on September 3, 2024, where Operation Thunders secured a hard-fought victory over Operation Strikers with a narrow 1-0 scoreline.” : Sarkaritel.com

BEE, NTH sign MoU to enhance energy efficiency standards and labeling across India

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New Delhi : BEE, NTH sign MoU to enhance energy efficiency standards and labeling across India. : Economic Times

New Delhi Hosts POWERGEN India 2024: A Landmark Event for India’s Sustainable Energy Future

New Delhi : The much-anticipated POWERGEN India 2024, co-located with Indian Utility Week and the landmark initiative Bharat Electricity, commenced today at Yashobhoomi, IICC Dwarka, New Delhi. : Sarkaritel.com

Welspun New Energy plans to set up pumped storage project in Maharashtra with Rs 5,000 cr investment

New Delhi : Welspun New Energy plans to set up pumped storage project in Maharashtra with Rs 5,000 cr investment. : Economic Times

ISA to launch $100 million global solar facility for expanding energy access in Africa

New Delhi : ISA to launch $100 million global solar facility for expanding energy access in Africa. : Economic Times

Centre set to expand ALMM to solar cells, decision expected soon

New Delhi : Centre set to expand ALMM to solar cells, decision expected soon. : Economic Times

Jakson Engineers to invest Rs 2,000 crore in expanding solar manufacturing capacity

New Delhi : Jakson Engineers to invest Rs 2,000 crore in expanding solar manufacturing capacity. : Economic Times

Alpex Solar announces plan to double PV module capacity to 2.4 GW by FY26

New Delhi : Solar solutions provider Alpex Solar on Wednesday announced its expansion plans to double its photovoltaic solar module capacity to 2.4 GW by FY2025-26. : Business Standard

India’s Renewable Generation Surges By 5.5% In 4 Months Of FY25

New Delhi : India’s Renewable Generation Surges By 5.5% In 4 Months Of FY25. : saurenergy.com

PM Modi, Brunei Sultan discussed FinTech, digital payment systems and renewable energy: MEA

New Delhi : PM Modi, Brunei Sultan discussed FinTech, digital payment systems and renewable energy: MEA. : Economic Times

Reliance Industries awarded 10 GWh ACC battery storage plant under PLI scheme

New Delhi : Reliance Industries awarded 10 GWh ACC battery storage plant under PLI scheme. : Economic Times

THDCIL signs ?33,600 crore MoU with Maharashtra for 6,790 MW pumped storage projects

New Delhi : THDCIL signs ?33,600 crore MoU with Maharashtra for 6,790 MW pumped storage projects. : Economic Times

Sunsure Energy secures Rs 226 crore financing from Tata Capital for solar projects in Uttar Pradesh

Lucknow : Sunsure Energy secures Rs 226 crore financing from Tata Capital for solar projects in Uttar Pradesh. : Economic Times

Adani Power to invest Rs 18,000 crore to triple Kawai Plant capacity

New Delhi : India’s largest private thermal power producer, Adani Power, is planning to more than triple the capacity of its Kawai power plant in Rajasthan with an investment of up to ?18,000 crore, said sources aware of the development. : Economic Times

Jakson Engineers plans Rs 2,000 cr investment to expand solar mfg biz

New Delhi : Jakson Group arm Jakson Engineers on Wednesday said it is planning to invest about Rs 2,000 crore for expansion of its solar manufacturing business. : Business Standard

Adani Power to boost Kawai plant capacity with Rs 18,000 crore investment

New Delhi : Adani Power is planning to significantly expand its Kawai power plant in Rajasthan by investing up to Rs 18,000 crore to more than triple the plant’s current capacity, The Economic Times reported on Wednesday. : Business Standard

NHPC CMD with Joint Secy (Hydro) reviewed progress of 13 Projects allotted to various CPSUs in AP

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New Delhi : Shri Raj Kumar Chaudhary, Chairman and Managing Director of NHPC and Shri Mohammad Afzal, Joint Secretary (Hydro), Govt. of India attended the 6th Steering Committee Meeting held on 3rd September 2024 to review and monitor the progress of the 13 Hydroelectric Projects allotted to various CPSUs in Arunachal Pradesh. : psuconnect.in

NHPC revises MoU with Maharashtra govt for 7,350 MW renewable energy storage systems

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New Delhi : State-owned NHPC Ltd said it has re-entered a memorandum of understanding (MoU) with the Department of Water Resources (WRD), Government of Maharashtra, to establish energy storage systems, specifically pumped storage projects (PSPs), across the state. : psuconnect.in

NHPC Revises MoU With Maharashtra Govt For 7,350 MW PSPs

New Delhi : NHPC Revises MoU With Maharashtra Govt For 7,350 MW PSPs. : saurenergy.com

India to soon decide on non-tariff barriers on solar cell imports to boost local production: Minister Joshi

New Delhi : The Indian government is will soon decide on imposing non-tariff barriers on solar cell imports by including them in the Approved List of Models and Manufacturers (ALMM), a move that could reshape the sector by curbing Chinese imports and promoting domestic production. : Mint

Suzlon Energy sells corporate HQ in Rs 440 crore sale-leaseback deal

New Delhi : Suzlon Energy sold its corporate headquarters, ‘One Earth,’ in a Rs 440 crore sale-and-leaseback transaction with OE Business Park Private Limited, a special purpose vehicle managed by 360 ONE Alternates Asset Management, according to a company statement. : Business Standard


Oil and Gas

Govt receives Rs 2,413 crore dividend from BPCL

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New Delhi : The government has received about Rs 2,413 crore in dividends from oil PSU BPCL, the Department of Investment and Public Asset Management (DIPAM) said on Monday. : psuconnect.in

COLUMN: OPEC+ supply outlook, demand slowdown and geopolitics to be in focus at APPEC

New Delhi : COLUMN: OPEC+ supply outlook, demand slowdown and geopolitics to be in focus at APPEC. : Economic Times

Indian Oil achieved 0.73 pc biodiesel blending, 23.24 cr litres of biodiesel blended

New Delhi : Indian Oil achieved 0.73 pc biodiesel blending, 23.24 cr litres of biodiesel blended. : Economic Times

India’s top oil explorer may set up refinery in Uttar Pradesh

New Delhi : India’s top oil explorer may set up refinery in Uttar Pradesh. : Economic Times

Mizoram govt hikes petrol, diesel prices for social infrastructure, road maintenance

New Delhi : The Mizoram government has hiked prices of petrol and diesel by Rs 4 per litre each with effect from September 1, a minister said on Wednesday. Taxation Minister Dr Vanlalthlana said the hike was for social infrastructure and road maintenance. : Economic Times

Oil trades bearish after Libya deal resolution fuels demand fears; At $72/bbl, Brent crashes over 11% in one week

New Delhi : International crude oil prices continued their bearish trend and fell by $1 a barrel or around two per cent on Wednesday, September 4, dragged by pessimism about demand fears after after reports emerged that a deal was in the offing to resolve a dispute that has halted Libyan production and exports. : Mint

Brent crude oil price falls $1 per barrel to $72.75 on demand fears

New Delhi : Brent crude oil prices fell by $1 a barrel to $72.75 on Wednesday because of pessimism about demand in the coming months as crude producers offered mixed signals about supply increases. : Business Standard

Ethanol push turns India into corn importer, shaking up global mkt

New Delhi : A push by India to make more corn-based ethanol has turned Asia’s top corn exporter into a net importer for the first time in decades, squeezing local poultry producers and scrambling global supply chains. : Business Standard

India to host 2nd edition of International Conference on Green Hydrogen from Sept 11-13

New Delhi : India’s new and renewable energy minister Pralhad Joshi today launched curtain raiser of the 2nd International Conference on Green Hydrogen (ICGH-2024), which will be held from September 11-13 at Bharat Mandapam, New Delhi. : pv-magazine.com

India to hold 2nd edition of International Conference on Green Hydrogen

New Delhi : India is set to host the second edition of the International Conference on Green Hydrogen from 11th to 13th September in New Delhi. : psuconnect.in

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On September 4

New Delhi : Petrol, Diesel Prices Today On September 4, 2024: Every day at 6 am, oil marketing companies (OMCs) announce the price of petrol and diesel, maintaining consistency despite the inherent volatility of these commodities. : news18.com

Oil prices rebound after extended tumble, as OPEC+ mulls delay to output increase

New Delhi : Oil prices rebound after extended tumble, as OPEC+ mulls delay to output increase. : Economic Times

Ethanol push turns India into corn importer, shaking up global market

New Delhi : Ethanol push turns India into corn importer, shaking up global market. : Economic Times

Need to bring startups to boost green hydrogen: Pralhad Joshi

New Delhi : Need to bring startups to boost green hydrogen: Pralhad Joshi. : Economic Times

Oil extends drop on easing Libyan dispute, demand concerns

New Delhi : Oil extends drop on easing Libyan dispute, demand concerns. : Economic Times

Indian Oil hits impressive biodiesel blending ratio, sets new benchmark by blending 23.24 crore litres of biodiesel

New Delhi : Indian Oil has achieved a notable industry milestone by blending 23.24 crore liters of biodiesel with regular diesel, reaching a 0.49 percent blending ratio, surpassing the 0.43 percent blending ratio of other oil marketing companies, data showed on September 4. : Economic Times

Crude oil prices sink to 9-month low: HPCL, BPCL, other OMCs poised for earnings boost

New Delhi : Crude oil prices slumped to their lowest since December on Wednesday, extending a steel fall of more than 4% in the previous day, amid concerns over lower global demand growth. : Mint

Opec+ discusses to delay planned oil output hike amid low prices: Report

New Delhi : Opec+ is discussing a delay in a planned output increase next month as oil prices hit their lowest in 9 months, three sources from the producer group told Reuters on Wednesday. : Business Standard

India’s US crude imports rebound as Washington tightens screws on Russia

New Delhi : Even as Russia and West Asia have been slugging it out for market share in India to sell their crude oil, the US is quietly making its moves on the sidelines. : Business Standard

Amended PNGRB Act to give legal teeth to petroleum sector regulators

New Delhi : A long-pending amendment to the Petroleum and Natural Gas Regulatory Board (PNGRB) Act, 2006, expected in the coming months, will give the sector regulator enough legal teeth to enforce its plan to reclassify natural gas pipelines as “common carriers”, a top PNGRB official told Business Standard. : Business Standard

Indian Oil recognised for leadership in biodiesel blending

New Delhi : Indian Oil Corporation Limited (Indian Oil) has been honoured with the prestigious Biodiesel Association of India award for achieving the highest biodiesel blending during FY 2023-24. : psuwatch.com

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