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MEDIA UPDATE (SEPTEMBER 06, 2024)

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06-Sep-2024

Power

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” Singapore : Prime Minister Narendra Modi on Thursday highlighted the imbalance in concentration of green energy investments as he reaffirmed India’s commitment to work with the world for a green future.” : Sarkaritel.com

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” New Delhi : REC Limited, a Maharatna CPSU under the Ministry of Power and a leading NBFC, has been conferred with the prestigious “Nodal Agency of the Year” award at the Bharat Electricity – Powering India Awards 2024.” : Sarkaritel.com

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” New Delhi : NLCIL’s Second Commercial Coal Block and the Biggest among the NLCIL’s Mining Projects, Machhakata Coal Block’s Vesting Order was issued today (05.09.2024) by Addl. Secretary (Coal) & the Nominated Authority, Ministry of Coal (MoC), Govt. of India to Dr. Suresh Chandra Suman, Director (Mines) and Director (P&P A/C), NLCIL at Shastribhavan, MOC, New Delhi.” : Sarkaritel.com

REC Limited Honoured as ‘Nodal Agency of the Year’ at Bharat Electricity – Powering India Awards 2024

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New Delhi : REC Limited, a Maharatna CPSU under the Ministry of Power and a leading NBFC, has been conferred with the prestigious “Nodal Agency of the Year” award at the Bharat Electricity – Powering India Awards 2024. : psuconnect.in

REC wins ‘Nodal Agency of the Year’ award

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New Delhi : Power Maharatna REC Limited has been conferred with the prestigious “Nodal Agency of the Year” award at the Bharat Electricity – Powering India Awards 2024. : psuwatch.com

Coal Ministry issued Allocation order of 3 Mines to NLC India

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New Delhi : The Ministry of Coal today issued Allocation Orders for 03 Coal Mines namely Machhakata (Revised), Kudanali Lubri and Sakhigopal-B Kakurhi, to NLC India Limited, Gujarat Mineral Development Corporation Limited and TANGEDCO respectively. : psuconnect.in

BHEL bagged ‘EPC of the Year – Generation’ award

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New Delhi : Bharat Heavy Electricals Limited (BHEL) has been honoured with the prestigious ‘EPC of the Year – Generation’ award at the Powering India Awards 2024. : psuconnect.in

Global solar investment imbalance must be fixed: PM Modi

New Delhi : Global solar investment imbalance must be fixed: PM Modi. : Economic Times

Alpex Solar to double solar module capacity to 2.4 GW with new Mathura plant

New Delhi : Alpex Solar to double solar module capacity to 2.4 GW with new Mathura plant. : Economic Times

Rajasthan govt approves 33 pc reservation to women in Police, allocates land for development of solar energy

Jaipur : Rajasthan govt approves 33 pc reservation to women in Police, allocates land for development of solar energy. : Economic Times

“International Solar Festival brings world together to celebrate sun’s impact”: PM Modi

New Delhi : “International Solar Festival brings world together to celebrate sun’s impact”: PM Modi. : Economic Times

‘India’s solar energy capacity jumped 33-fold in a decade’: PM Modi

New Delhi : Prime Minister Narendra Modi on Thursday praised India’s significant progress in the green energy sector, highlighting the country’s achievement as the first G20 nation to fulfil its Paris Agreement commitments. : Business Standard

India’s power emissions must peak by 2026 to align with Paris pact

New Delhi : Emissions from India’s high-polluting power industry must peak by 2026 for the country to hit net zero by the middle of the century and align itself with the Paris Agreement, according to BloombergNEF, a target that’s unlikely to be met due to the government’s push for the continued use of coal. : Business Standard

Renewable energy sector to provide momentum to Indian economy: Pralhad Joshi

New Delhi : Union Minister Pralhad Joshi on Thursday said the rapidly growing renewable energy sector will provide momentum to the Indian economy in the years to come. : psuwatch.com

India adds record 3.6GW solar open access in Jan-June period: Report

New Delhi : The country added 3.6 gigawatts (GW) of solar open access capacity in the first half of this year, a massive 153 per cent increase compared to the 1.4 GW installed in the same period last year, a report showed on Thursday. : Sarkaritel.com

REC wins “Nodal Agency of the Year” award

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New Delhi : REC Ltd has been conferred with the prestigious “Nodal Agency of the Year” award at the “Bharat Electricity – Powering India Awards 2024”. : http://thenortheasttoday.com/

Speed, scale to help India achieve 500 GW renewable energy target by 2030: PM

New Delhi : Speed, scale to help India achieve 500 GW renewable energy target by 2030: PM. : Economic Times

Reliance Industries wins 10 GWh ACC capacity under PLI scheme

New Delhi : Reliance Industries wins 10 GWh ACC capacity under PLI scheme. : Economic Times

Karnataka to relook at power project in Western Ghats

Bengaluru : Karnataka to relook at power project in Western Ghats. : Economic Times

Punjab hikes fuel rates, scraps power subsidy above loads of 7 KW

Chandigarh : Punjab hikes fuel rates, scraps power subsidy above loads of 7 KW. : Economic Times

Telangana govt orders to provide free electricity in govt edu institutions

New Delhi : The Telangana government on Thursday issued an order providing free power supply to government educational institutions in the state to impart quality education. : Business Standard

Coal Ministry issues allocation orders for 3 commercial coal mines

New Delhi : The Ministry of Coal has issued allocation orders for three coal mines namely Machhakata (Revised), Kudanali Lubri and Sakhigopal-B Kakurhi, to NLC India Limited, Gujarat Mineral Development Corporation Limited and TANGEDCO respectively on Thursday. : psuwatch.com


Oil and Gas

Fuel prices to go up in Punjab as VAT on petrol, diesel hiked

New Delhi : Fuel prices are set to go up in Punjab with the state Cabinet on Thursday deciding to increase value-added tax (VAT) on petrol and diesel by 61 paise a litre and 92 paise per litre, respectively. : Economic Times

OPEC+ agrees to delay October oil output hike for two months

New Delhi : OPEC+ has agreed to delay a planned oil output increase for October and November after crude prices hit their lowest in nine months, three sources from the producers’ group told Reuters on Thursday. : Economic Times

OPEC+ to pause planned October oil output hike of 180,000 bpd for two months after Brent crashes to 14-month low

New Delhi : The Organisation of Petroleum Exporting Countries and its allies (OPEC+) on Thursday, September 5, agreed to pause its planned oil output hike for two months after the benchmark Brent crude futures crashed to a 14-month low earlier this week amid fragile demand and plentiful supply, especially after the Libya deal resolution reports. : Mint

NCLT dismisses Bank of Maharashtra’s plea against personal guarantors of Gopal Krishna Oil Tech Industries

New Delhi : The National Company Law Tribunal in Mumbai has dismissed the Bank of Maharashtra’s application to initiate insolvency resolution proceedings against the personal guarantors of Gopal Krishna Oil Tech Industries Pvt. Ltd. : Economic Times

India eyes pipeline network for cost-effective green hydrogen transport, study underway

New Delhi : India eyes pipeline network for cost-effective green hydrogen transport, study underway. : Economic Times

Punjab hikes fuel rates, scraps power subsidy above loads of 7 KW

Chandigarh : Punjab hikes fuel rates, scraps power subsidy above loads of 7 KW. : Economic Times

Fuel price cut coming? As crude slips to lowest since January, hope floats for Indian consumers

New Delhi : Oil prices have plummeted to their lowest levels since January, enhancing the profitability of fuel marketing companies and potentially setting the stage for a cut in pump rates ahead of the state elections in Maharashtra and Haryana, ToI reported on September 5. : Economic Times

Compressed biogas price mechanism to be tweaked

New Delhi : The government is reviewing the price mechanism for compressed biogas (CBG) to make rates more remunerative for producers and supplies more stable for retailers, according to people with knowledge of the matter. : Economic Times

India Is Asserting Emerging Dominance In Green Hydrogen Sector: Union Minister For NRE

New Delhi : The Government of India is organising the 2nd International Conference on Green Hydrogen from 11-13 September at the Bharat Mandapam, New Delhi. : indianpsu.com

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On September 5

New Delhi : Petrol, Diesel Prices Today On September 5, 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

Startups key to India’s green hydrogen push: Pralhad Joshi

New Delhi : Startups key to India’s green hydrogen push: Pralhad Joshi. : Economic Times

Oil steady as investors weigh weak demand, potential delay to OPEC+ output hike

New Delhi : Oil steady as investors weigh weak demand, potential delay to OPEC+ output hike. : Economic Times

IGX records 4.7 million MMBtu gas trade in August, 15 percent MoM growth

New Delhi : IGX records 4.7 million MMBtu gas trade in August, 15 percent MoM growth. : Economic Times

Diesel dilemma: Demand drop in India and China puts pressure on crude oil prices

New Delhi : Chinese and Indian diesel markets — which account for the bulk of Asian demand — are showing signs of a slowdown, potentially leading to more weakness in crude oil prices. : Economic Times

Oil prices hold at 14-month low as demand worries offset big US storage withdrawal

New York : Oil prices held at a 14-month low on Thursday as worries about demand in the U.S. and China and a likely rise in supplies out of Libya offset a big withdrawal from U.S. inventories and a delay to output increases by OPEC producers. : Mint

Opec+ may agree to delay October oil output hike for two months: Report

New Delhi : Opec+ has agreed to delay a planned oil output increase for October and November, the producers group said on Thursday after crude prices hit their lowest in nine months, adding that it could further pause or reverse the hikes if needed. : Business Standard

Fuel prices to go up in Punjab as VAT on petrol, diesel hiked

Chandigarh : Petrol and diesel prices will go up by 61 paise a litre and 92 paise a litre, respectively, in Punjab, with the state Cabinet on Thursday deciding to increase value-added tax (VAT) on fuel. : psuwatch.com

NRL Chairman shares company’s future roadmap

New Delhi : Chairman of Numaligarh Refinery Limited, Dr. Ranjit Rath addressed the Media after the 31st Annual General Meeting of the Company held at NRL Registered Office in Guwahati on 30th August 2024. : psuconnect.in

Petrol price decreases in Bhubaneswar today: Check rates on September 5, 2024

Bhubaneswar : The petrol and diesel rates decreased marginally in Odisha’s capital city, Bhubaneswar on Thursday. On September 5, 2024, petrol has been priced at Rs 100.88 per litre while diesel costs Rs 92.46 per litre. The petrol price has dropped by 17 paisa and diesel by 16 paisa, in the last 24 hours respectively. : kalingatv.com

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