MEDIA UPDATE (DECEMBER 09, 2024)

09-Dec-2024

Power

” New Delhi : REC Limited has achieved a historic feat by sweeping the 29th Inter-CPSU Badminton Tournament organized under the aegis of the Power Sports Control Board (PSCB), Ministry of Power, and hosted by NTPC Ltd from December 4 to December 7, 2024, at Noida Stadium.” : Sarkaritel.com

NLC India Declared as Lowest Bidder for Coal Mine Project in Odisha

New Delhi : NLC India Ltd., a state-owned enterprise, has been named the lowest bidder for the new Patrapada South coal mine project located in the Angul district of Odisha, as stated in an exchange filing on Friday. : psuconnect.in

NTPC in talks with Maersk to sell green methanol for fuelling its ships

New Delhi : NTPC Green Energy Ltd, a subsidiary of India’s largest power generation utility is in talks with global shipping major A.P. Møller – Mærsk A/S to sell green methanol for its ships, said two people in the know of the developments. : Mint

REC Limited Sweeps 29th Inter-CPSU Badminton Tournament with Gold in All Categories

New Delhi : REC Limited has achieved a historic feat by sweeping the 29th Inter-CPSU Badminton Tournament organized under the aegis of the Power Sports Control Board (PSCB), Ministry of Power, and hosted by NTPC Ltd from December 4 to December 7, 2024, at Noida Stadium. : globalgreenews.com

POWERGRID signed MoU with IIT Roorkee for CSR contribution to foster technological innovation

New Delhi : POWERGRID signed an MoU with IIT Roorkee for a CSR contribution to foster technological innovation through establishment of POWERGRID Centre of Excellence (CoEs) at Institute Computer Centre. : psuconnect.in

REC Limited Sweeps 29th Inter-CPSU Badminton Tournament with Gold in All Categories

Noida : REC Limited has achieved a historic feat by sweeping the 29th Inter-CPSU Badminton Tournament organized under the aegis of the Power Sports Control Board (PSCB), Ministry of Power, and hosted by NTPC Ltd from December 4 to December 7, 2024, at Noida Stadium. : orissadiary.com

EESL, Andhra Pradesh launch 3 programmes to boost energy efficiency

New Delhi : The Government of Andhra Pradesh in collaboration with state-owned Energy Efficiency Services Ltd (EESL) has launched three transformative programmes to drive energy efficiency, environmental sustainability, and economic empowerment across the state, according to a statement. : Business Standard

REC invites job applications for Director (Projects) post; apply before Dec 31

New Delhi : REC Recruiment 2024: REC Limited has invited job applications for the engagement of Director (Projects). Eligible and interested candidates can apply for the job before December 31. The post will fall vacant on July 1, 2025. Currently, Vijay Kumar Singh is serving as Director (Projects) of REC Limited. : psuwatch.com

IREDA 18th Stakeholders’ Meet: CMD Pushes Competitive Renewable Energy Financing Solutions

New Delhi : Indian Renewable Energy Development Agency Ltd. (IREDA) conducted its 18th Stakeholders’ Interaction Meet today, chaired by Shri Pradip Kumar Das, Chairman & Managing Director, via virtual mode. : psuconnect.in

Kamlesh Soni Assumes Charge as Regional ED of Western Region-I NTPC

New Delhi : On 6th December 2024, Shri Kamlesh Soni assumed the role of Regional Executive Director (West-I), NTPC. Before this assignment in the Western Region-I, Shri Soni served as the CEO of the Meja Project. : psuconnect.in

?2k cr being invested in Narmadapuram to make it renewable energy hub: MP CM

New Delhi : Madhya Pradesh Chief Minister Mohan Yadav on Saturday said ?2000 crore is being invested in the state’s Narmadapuram region for developing it into a hub of renewable energy. : Mint

MP CM Mohan Yadav performs ‘Bhumi Pujan’ for new industrial units in state

Bhopal : Madhya Pradesh Chief Minister Mohan Yadav performed the Bhoomi Pujan for new power and renewable energy units in the Mohasa-Babai area of Narmadapuram district on Saturday. : Business Standard

Khorlochhu Hydropower Project in Bhutan to commission in 2029: Tata Power

New Delhi : The construction work of the Rs 6,900 crore Khorlochhu Hydropower Project in Bhutan has started, and the plant is likely to be commissioned by 2029, Tata Power CEO and MD Praveer Sinha has said. : Business Standard

Union Minister Manohar Lal To Launch Urjaveer Scheme In Vijayawada Today

New Delhi : Union Minister of Power and Housing & Urban Affairs, Manohar Lal, is on a one-day visit to Andhra Pradesh today. He will launch the ‘Urjaveer’ scheme in Vijayawada along with Chief Minister Nara Chandrababu Naidu. : globalgreenews.com

Union Minister Manohar Lal Review of Power and Urban Development Sector in Andhra Pradesh

New Delhi : Union Minister of Power and Housing & Urban Affairs, Shri Manohar Lal, reviewed the urban development, housing and power sector schemes for the State of Andhra Pradesh at Vijayawada on 7 December 2024. : globalgreenews.com

IREDA 18th Stakeholders’ Meet: CMD pushes competitive renewable energy financing solutions

New Delhi : Indian Renewable Energy Development Agency Limited (IREDA) conducted its 18th Stakeholders’ Interaction Meet on Saturday, chaired by IREDA’s Chairman & Managing Director (CMD) Pradip Kumar Das via virtual mode. : psuwatch.com

NEEPCO invites applications for CMD position; apply before Jan 3, 2025

New Delhi : NEEPCO Recruitment: North Eastern Electric Power Corporation Limited (NEEPCO) has announced job vacancy for the engagement of Chairman and Managing Director (CMD). Eligible and interested candidates can apply for the job before January 3, 2025. The post fell vacant on December 6. : psuwatch.com

JSW Energy arm secures order from NTPC for 400 MW solar power project

New Delhi : JSW Energy announced that its wholly owned subsidiary JSW Neo Energy, has received a letter of award (LoA) from NTPC for the development of a 400 MW ISTS-connected solar power project. : psuconnect.in

Electricity charges increased by 16 paise per unit, another 12 paise hike next FY

THIRUVANANTHAPURAM : Electricity charges increased by 16 paise per unit, another 12 paise hike next FY. : Economic Times

Waaree Energies sets up arm in Australia

New Delhi : Waaree Energies sets up arm in Australia. : Economic Times

Amid solar power row, centre plans to review bidding process

New Delhi : Amid the controversy over the Adani-Azure solar power deal, the Centre is holding deliberations to review and reassess the current bidding approach for renewable energy projects used by the Ministry of New and Renewable Energy (MNRE) and the Solar Energy Corporation of India (SECI). : Economic Times

Tirunelveli powers India’s solar ambitions with a new facility by Tata

New Delhi : Tirunelveli, 620 kilometres (km) from Chennai and 158 km from Thiruvananthapuram, has been a known trading hub since 304–232 BCE. : Business Standard

Rs 2000 crore being invested in Narmadapuram to make it renewable energy hub: MP CM

New Delhi : Madhya Pradesh Chief Minister Mohan Yadav on Saturday said Rs 2000 crore is being invested in the state’s Narmadapuram region to develop it into a hub of renewable energy. : psuwatch.com

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Oil and Gas

GAIL and BCPL extends Marketing Agreement for 10 years

New Delhi : GAIL and BCPL have extended their Marketing Agreement for an additional 10 years. The agreement was signed by Mr. H. K. Srivastava, (ED) Petrochemical Marketing, GAIL, and Mr. P. Dash, Director (Finance), BCPL, in the presence of Shri Sanjay Kumar, Director (Marketing), GAIL, and Shri P. Changmai, MD, BCPL. : psuconnect.in

PESB recommends Devendra Kumar to be Director (Finance) at MRPL

New Delhi : Devendra Kumar is set to be the next Director (Finance) of Mangalore Refinery & Petrochemicals Limited (MRPL), a PSU under the Ministry of Petroleum & Natural Gas. On Friday, the Public Enterprises Selection Board (PESB) Panel recommended him for the post. : psuconnect.in

IndianOil Chairman launched Phase IX of Parivartan

New Delhi : In a continued endeavour to uplift the lives of prison inmates and children in correctional homes, Mr. A S Sahney, Chairman, IndianOil launched Phase IX of IndianOil’s ‘Parivartan – Prison to Pride’ and Phase VI of ‘Nayi Disha – Redefining the Future’. : psuconnect.in

Saudi Arabia cuts crude oil prices for Asia amid nascent demand recovery: Russell

New Delhi : It’s always tempting to try and over-analyse changes in the crude oil market and Saudi Arabia’s decision to cut its official prices for Asian customers to the lowest level in four years is one such example. : Mint

India plans final refinery expansion as electric vehicle era looms

New Delhi : In what may be the last wave of grassroots refinery projects, the crude oil-refining capacity of state-run companies may go up by 500,000-600,000 barrels per day (bpd) in a little more than 10 years, according to industry executives and government officials. : Business Standard

Numaligarh Refinery honored with prestigious Excellence in Cyber Security Award

New Delhi : Numaligarh Refinery Limited was honored with the prestigious Excellence in Cyber Security Award for its exceptional implementation of Security Operations Centre (SOC) and Business Continuity Planning (BCP) at the 3rd PSU Transformation Awards. : psuconnect.in

Oil set for weekly loss on surplus fears despite OPEC+ cut extensions

New Delhi : Oil set for weekly loss on surplus fears despite OPEC+ cut extensions. : Economic Times

Oil prices fall on supply glut fears despite OPEC+ output cut extension

New Delhi : Oil prices fall on supply glut fears despite OPEC+ output cut extension. : Economic Times

Ghatkopar billboard collapse: Oil regulator orders risk assessment at all petrol pumps

New Delhi : The oil regulator has ordered fuel retailing firms to undertake a comprehensive risk assessment of all petrol pumps in the country, identifying hoarding and billboards within the outlet premises that could pose safety risks. : Economic Times

Oil reports weekly loss on oversupply fears despite OPEC+ output extension; Brent down over 2% in 5 days

New Delhi : International crude oil prices fell by more than one per cent in the previous session to report a weekly loss after analysts projected a supply surplus next year on weak demand despite the Organisation of Petroleum Exporting Countries and its allies (OPEC+)’s recent decision to delay the oil output hikes till April 2025 and extend the deep production cuts to the end of 2026. : Mint

Tax contribution of petroleum sector set to drop rapidly in FY 2024-25

New Delhi : Sluggish collection of excise duty from petroleum and natural gas — even before the windfall tax regime got scrapped in December — shows that the sector’s overall tax contribution to the public exchequer is likely to drop significantly in FY25, said officials. : Business Standard

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