MEDIA UPDATE (DECEMBER 16, 2024) by New DeskDecember 16, 2024027 Share1 16-Dec-2024 Power ” New Delhi : REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has signed a Memorandum of Agreement (MOA) with THDC India Limited (THDCIL) under its Corporate Social Responsibility (CSR) initiative.” : Sarkaritel.com ” New Delhi : Jigmet Zangdon and Akriti Sharma, participants from the States/ UTs allotted to NHPC by Bureau of Energy Efficiency, Ministry of Power, Govt. of India for conducting State/UT level painting competitions were awarded ‘Appreciation Prize’ under Group ‘A’ category of National Painting Competition on Energy Conservation 2024.” : Sarkaritel.com ” New Delhi : The incessant torrential rain in Cuddalore District for the past one week hasgrappled several parts of the districtinundated, causing severe disruptions to daily routine life of the people.” : Sarkaritel.com PM Surya Ghar scheme set to surpass a decade’s installation growth in a year New Delhi : In a significant feat for the PM Surya Ghar Muft Bijli Yojana, the scheme has achieved more than 6.85 lakh installations to date, and is set to surpass a decade’s solar growth in about a year. Since its launch in February this year, the scheme with 685,763 installations has already reached 86 per cent of what was installed in a decade before that. : Sarkaritel.com Adani Green Energy arm incorporates subsidiary for RE business New Delhi : Adani Green Energy arm incorporates subsidiary for RE business. : Economic Times Geothermal energy could meet 15% of global electricity demand growth by 2050: IEA New Delhi : Geothermal energy could meet 15% of global electricity demand growth by 2050: IEA. : Economic Times India observes National Energy Conservation day with industry push for sustainability New Delhi : India observes National Energy Conservation day with industry push for sustainability. : Economic Times Indus Towers to acquire 26 pc stake in JSW Green Energy Eight for Rs 38 crore New Delhi : Indus Towers to acquire 26 pc stake in JSW Green Energy Eight for Rs 38 crore. : Economic Times UPCL to host state’s 1st solar fair to promote rooftop solar power scheme New Delhi : UPCL to host state’s 1st solar fair to promote rooftop solar power scheme. : Economic Times Bid to cut electricity costs, import reliance: Talks on to get local coal power up plants New Delhi : India is exploring ways of getting power plants fuelled by imported coal to use cheaper domestic supplies to help reduce electricity costs while lowering the dependence on overseas sources, said people aware of the matter. : Economic Times India-UAE ‘model’ relationship to expand energy, trade ties: Jaishankar New Delhi : India and the United Arab Emirates (UAE) on Friday discussed implementation of the ambitious India-Middle East-Europe Economic Corridor (IMEEC) and resolved to shore up energy cooperation including long-term supplies and collaboration in upstream and downstream projects. : Business Standard Madhya Pradesh allots land for solar manufacturing projects Bhopal : Madhya Pradesh chief minister Mohan Yadav recently distributed land allotment letters for several solar manufacturing projects in the Mohasa-Babai industrial area of Narmadapuram district. : pv-magazine.com National Energy Conservation Awards 2024: VP Calls For Systemic Solution To Stubble Burning New Delhi : Vice-President, Shri Jagdeep Dhankhar today called for finding a systemic solution to stubble burning and said that it should not be left to individuals. : globalgreenews.com CSR: REC commits Rs 3.97 crore for development of an Olympic-size swimming pool in Tehri New Delhi : REC Limited has signed a Memorandum of Agreement (MOA) with THDC India Limited under its Corporate Social Responsibility (CSR) initiative. : psuwatch.com Inter-State Transmission System for 13 GW RE Project in Ladakh to be completed by 2029-30 Jammu : Inter-State Transmission System for 13 Giga Watt (GW) Renewable Energy (RE) Project in the Union Territory of Ladakh, which will ensure reliable power supply to Leh and Kargil as well as Union Territory of Jammu and Kashmir, will be completed by 2029-30. : dailyexcelsior.com Andhra Pradesh attracts investors from Norway, BRICS with Integrated Clean Energy Policy 2024 New Delhi : Andhra Pradesh attracts investors from Norway, BRICS with Integrated Clean Energy Policy 2024. : Economic Times PE firm KKR sells 2.6 pc unitholding in India Grid Trust for Rs 277 crore New Delhi : PE firm KKR sells 2.6 pc unitholding in India Grid Trust for Rs 277 crore. : Economic Times Power employees across CG join nationwide anti-privatisation protest Raipur : Power employees across CG join nationwide anti-privatisation protest. : Economic Times ” New Delhi : Energy efficiency stands as a cornerstone of sustainable development, weaving together the threads of progress and environmental stewardship. In India, this deep dedication to sustainability is passionately commemorated on December 14 as National Energy Conservation Day.” : Sarkaritel.com Bhilai Steel Plant to set up 200-Kw solar power plant at Maitri Bagh zoo New Delhi : Bhilai Steel Plant (BSP), the Chhattisgarh-based entity of Steel Authority of India (SAIL), will set up a 200-Kw elevated solar power plant in Maitri Bagh — a zoo managed by the company in the township. : Business Standard REC Signs MoA with THDC, commits Rs. 3.97 Cr under CSR for Development of Olympic-Size Swimming Pool in Tehri New Delhi : REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has signed a Memorandum of Agreement (MOA) with THDC India Limited (THDCIL) under its Corporate Social Responsibility (CSR) initiative. : globalgreenews.com South Central Railway (SCR) Bags Six “National Energy Conservation Awards–2024” New Delhi : The Hon’ble Vice President of India, Shri Jagdeep Dhankhar,presided as Chief Guest at the National Energy ConservationAwards – 2024 function held at Vigyan Bhawan, New Delhi today i.e., 14thDecember, 2024. : globalgreenews.com NHPC board approves revised borrowing plan of Rs 6,900 crore for FY25 New Delhi : State-owned hydroelectric power producer NHPC Ltd said its board of directors has approved a revised borrowing plan to raise to Rs 6,900 crore during the financial year 2024-25. The decision was taken at a board meeting held on December 12, 2024. : psuconnect.in —————————————————————————————– Oil and Gas No immediate plans for green arm listing: ONGC New Delhi : No immediate plans for green arm listing: ONGC. : Economic Times Dependence on traditional fuels would be 30% by the time India turns 100: Hardeep Puri New Delhi : Dependence on traditional fuels would be 30% by the time India turns 100: Hardeep Puri. : Economic Times India, UAE discuss IMEEC; resolve to expand energy, trade ties New Delhi : India, UAE discuss IMEEC; resolve to expand energy, trade ties. : Economic Times Refining Margins of State-Run Oil Marketing Companies Falls This Fiscal New Delhi : Refining Margins of State-Run Oil Marketing Companies Falls This Fiscal. : Mint Crude oversupply likely to hit 950,000 barrels per day next year, says IEA New Delhi : Global markets are expected to see an oil surplus of 950,000 barrels per day (b/d) in 2025 despite an extended supply cut by OPEC+ nations, the International Energy Agency’s (IEA) has said, a projection which could be favourable for India as large oil glut may lead to lower oil prices. India imports 85 per cent of its crude requirements. : Business Standard India’s import of Russian oil drops in Nov to lowest level since June 2022 New Delhi : India’s import of Russian crude oil dropped in November to its lowest level since June 2022 but the Kremlin continues to be the biggest source of oil for India, according to a monthly tracker report of a European think tank. : Business Standard Oil up 2%, settles at 3-week high as more sanctions loom on Russia, Iran New Delhi : Oil up 2%, settles at 3-week high as more sanctions loom on Russia, Iran. : Economic Times India’s oil and gas imports surge 6.7% in November, consumption grows 9.3% New Delhi : India’s oil and gas imports surge 6.7% in November, consumption grows 9.3%. : Economic Times LPG demand to decline 7% by 2030 on growing piped natural gas adoption New Delhi : India’s liquefied petroleum gas (LPG) demand will decline by 7% by 2030 after having risen 82% in a decade as a planned massive adoption of piped natural gas will eat into its growth, according to a joint study by the Petroleum and Natural Gas Regulatory Board (PNGRB) and Deloitte. : Economic Times India’s crude oil imports from Russia drop 55% in November, lowest since June 2022 New Delhi : India’s import of Russian crude dropped to its lowest level since June 2022 in November this year, reported the news agency PTI on Sunday, December 15, citing a Centre for Research on Energy and Clean Air (CREA) report. : Mint Moldova declares energy state of emergency fearing Russian gas shortage New Delhi : Moldova’s parliament on Friday voted in of ifavourmposing a state of emergency in the energy sector over fears that Russia could leave the European Union candidate country without sufficient natural gas supplies this winter. : Business Standard Govt aims to secure Russian crude oil term deal by next financial year New Delhi : The government plans to strengthen ongoing efforts to secure a term deal for crude oil purchase from Russia by the next financial year, petroleum ministry sources said. : Business Standard