Inox Clean Energy acquires US solar manufacturer Boviet in $750 million deal

The transaction gives the company access to 3 GW of operational module capacity in the US and a planned 3 GW solar cell manufacturing facility.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/JMl9CKD

Global refined fuel demand set for steepest decline since ‘Great Recession’: S&P

According to the report, even if oil flows resume immediately, operational and logistical bottlenecks would delay meaningful recovery in product markets by months rather than weeks.

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Tata Power Renewable commissions Ladakh’s first commercial rooftop solar project

The installation at Hotel Barath in Leh executed with Silk Route Energy; more rooftop solar projects lined up in the region

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India working on subsea gas pipeline project: Oman route plan to help mitigate risks brought to fore by Hormuz Strait block

The estimated ₹40,000 crore pipeline will connect Oman to Gujarat. It is expected to take five to seven years to build. This move addresses India's energy security concerns and its vulnerability to maritime choke points.

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CleanMax Q4 FY26 PAT jumps 152% to ₹55 crore on steady revenue growth

The company’s revenue from operations grew 25.13 per cent YoY to ₹557.46 crore in Q4 FY26, versus ₹445.50 crore in the corresponding quarter last year.

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CleanMax Q4 FY26 PAT jumps 152% to ₹55 crore on steady revenue growth

The company’s revenue from operations grew 25.13 per cent YoY to ₹557.46 crore in Q4 FY26, versus ₹445.50 crore in the corresponding quarter last year.

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Power, renewable energy ministries to discuss green power curbs and grid penalties

Stricter grid compliance rules have raised viability issues for renewable energy projects, prompting ongoing discussions and government examination of these critical matters.

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Gautam Solar reports ₹4406 cr revenue in FY26, achieves over 4X growth

This substantial 323% revenue increase highlights the company's rapid scale-up, driven by strong demand for domestic solar solutions and strategic capacity enhancements.

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India’s critical minerals sector faces financing constraints despite policy push: Report

Volatile demand and supply conditions, sharp fluctuations in critical mineral prices, long gestation periods and high upfront capital requirements are restricting capital flow into the sector.

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India's fuel conservation push, govt aims for resilience amid high crude prices

An informal group of ministers, chaired by Defence Minister Rajnath Singh, stated India has adequate essential commodities, with PM Modi's conservation call aiming for long-term resilience and reduced fiscal burden.

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China-like grid planning needed to meet renewable energy goal: MNRE secretary

Enhanced grid infrastructure will address power evacuation challenges. Policymakers are working with states to ensure necessary equipment and storage systems are in place for better renewable energy integration.

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Over 70% of Indian firms plan fully autonomous energy operations in five years: Report

The latest Schneider Electric’s Global Autonomous Maturity report said growing energy demand and increasing system complexity are accelerating adoption of intelligent and self-managing technologies aimed at improving resilience, reliability and operational efficiency.

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Rising energy bills: How EVs, rooftop solar can protect your household budget and how much they actually cost

Fuel prices are volatile, electricity tariffs are rising, and your LPG cylinder is at the mercy of global events. Here’s how switching to an EV, rooftop solar, or an induction cooktop can protect your household budget. And what it will actually cost you.

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PM Modi calls for pandemic-era austerity drive

He called for reduced consumption of petrol, diesel, and non-essential gold, alongside avoiding foreign holidays and destination weddings, to conserve foreign exchange reserves.

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Waaree Energies eyes solar cell unit in the US

Waaree aims to boost its market share in the growing US solar market. The company is also focusing on an energy transition ecosystem in India.

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India may soon increase ethanol blending in petrol to 25%. Here’s what consumers should know

The nation is also boosting refining capacity and strategic oil reserves. These steps enhance energy security and shield the economy from global price shocks. Renewable energy, biofuels, and hydrogen are now key national priorities.

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India may spend ₹1 lakh crore in 10 weeks to shield economy from global energy shock

This has led to over ₹1 lakh crore in under-recoveries in 10 weeks, raising concerns about their financial sustainability and the need for potential price hikes.

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NTPC prepares first feasibility study for nuclear project; to apply for approval soon

This move paves the way for NTPC's standalone nuclear projects, aiming for 2 GW by 2032. The company is also exploring projects in Bihar's Banka district and other states. NTPC plans to establish 30 GW of nuclear capacity across 14 states.

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Gujarat builds 870 MW battery power backup network to stabilise renewable energy grid

The state has also registered 13 additional projects and integrated BESS with its first solar village, Modhera. This initiative strengthens Gujarat's position as a leader in battery storage solutions in India.

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Tata Communications to acquire 26% stake in Clean Max renewable energy SPV

The investment in Clean Max Yuhdul will support the company’s clean energy use in Karnataka and advance its carbon neutrality targets.

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Energy Expo highlights solar expansion, AI-driven energy sys

Discussions covered rooftop solar, utility-scale parks, agrivoltaics, and AI-driven energy management, highlighting UP's ambition to become a clean energy hub. The event attracted nearly 7,000 visitors, underscoring growing interest in renewable and sustainable technologies.

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Fuel price hike on the cards as India struggles to absorb soaring crude costs

Officials said countries such as Japan, Spain and France have increased pump prices by 30–35 per cent since the West Asia war began on Feb 28, but India has not.

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ACME Solar Q4 FY26 net profit rises 13% to ₹139 crore, revenue up 12.5%

The renewable energy company reported growth in the March quarter, while full-year profit nearly doubled and revenue from operations rose 43.99%.

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ACME Solar Q4 FY26 net profit rises 13% to ₹139 crore, revenue up 12.5%

The renewable energy company reported growth in the March quarter, while full-year profit nearly doubled and revenue from operations rose 43.99%.

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Govt says 101 mineral blocks started operations since auction regime began in 2015

This achievement supports India's self-reliance vision by ensuring timely transition of resources into production through policy support and streamlined processes. Odisha leads with 34 operational blocks, followed by Karnataka and Gujarat.

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Waaree Energies arm signs PPA with SECI for 300 MW wind project in Gujarat

Waaree Energies said the development is in furtherance to its earlier intimation dated February 24, 2026.

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Waaree Energies arm signs PPA with SECI for 300 MW wind project in Gujarat

Waaree Energies said the development is in furtherance to its earlier intimation dated February 24, 2026.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/KsT9mSE

Apple, CleanMax partner to develop 150 MW renewable energy capacity in India

Apple’s initial investment of around ₹100 crore will support renewable energy deployment aimed at accelerating decarbonisation across India’s commercial and industrial sector and supply chain operations.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/0nKqWsO

Apple, CleanMax partner to develop 150 MW renewable energy capacity in India

Apple’s initial investment of around ₹100 crore will support renewable energy deployment aimed at accelerating decarbonisation across India’s commercial and industrial sector and supply chain operations.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/0nKqWsO

Oswal Pumps bags ₹162 crore Maharashtra solar pump order under PM Kusum scheme

The order covers the supply and installation of 6,869 off-grid solar photovoltaic water pumping systems across the state.

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KEC International bags new orders worth ₹1,002 crore across businesses

The EPC company secured HVDC transmission, wind energy, railway signalling and cables orders across India and the Americas, strengthening its presence in the power and infrastructure segments.

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India fuel retailers face credit strain as high oil prices persist, says Fitch

Fitch Ratings warns that sustained high prices, rather than brief surges, present the greatest threat to credit ratings. Performance among companies will differ based on their operational strategies and investment approaches.

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KP Group becomes first Indian company to install indigenous 4.2 MW wind turbine

The turbine, part of Senvion’s new-generation 4XM platform, has been installed in South Gujarat and is designed for Indian wind conditions and site requirements.

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State-run energy firms can shift over ₹2 trillion annually to clean energy: Report

In FY25, the nine PSUs together invested ₹2.6 trillion across fossil fuels and clean energy, of this, ₹2.3 trillion was directed towards fossil fuels, compared to about ₹0.3 trillion in clean energy.

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India looks to boost LNG tank capacity as Qatar supplies stall

This gas is imported in its liquid form, called LNG, in ships from countries like Qatar and the US.

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India's LPG consumption slides 16% in April amid West Asia conflict

This led to reduced consumption compared to last year and the previous month. Other fuel sales like diesel and petrol also showed moderated growth.

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HSN classification muddle raises costs for battery storage sector

The industry has sought separate HSN codes, an approved manufacturer list and tighter local content norms, along with clarity on customs duty deferment under warehouse rules for the 12-year life of storage projects.

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Solar investment turns liability for Nagpur hotels amid new rules

The Nagpur Residential Hotels Association is urging the government to revise the policy. They want fairer compensation for solar energy and adjusted time-of-day hours. The current system discourages green investments and harms the hospitality sector.

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AERB clears equipment installation at units 5 and 6 of Kudankulam Nuclear Power Project

The clearance allows NPCIL to proceed with the installation of critical components, including the reactor pressure vessel, steam generators and coolant pumps, moving the project closer to commissioning.

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UP tops India in rooftop solar with over 5 lakh installations

This initiative has spurred economic growth, saving electricity costs and reducing carbon emissions. The program has also created significant employment opportunities and conserved valuable land.

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India-bound LPG carrier crosses Hormuz: Shipping Ministry

The vessel carries a substantial amount of LPG and is expected to reach Visakhapatnam soon. Several Indian-flagged vessels were previously stranded. However, some Indian LPG and crude oil vessels have safely transited the strait since the crisis began.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/oIz1PqU

Govt awarded 172 oil & gas blocks in 10 years, but negligible output brings policy and execution into focus

Experts question the policy's effectiveness. Geological challenges and a shift in risk to companies deter global investment. The government continues auctions, but state-run firms dominate. This situation highlights India's ongoing dependence on imports.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/o7tMFJZ

Arunachal Pradesh, powerhouse of India's hydropower, boosting tourism & agriculture with infrastructure growth : CM Pema Khandu

He emphasised that improved connectivity and infrastructure have spurred growth in tourism, agriculture, and horticulture, transforming the region's development landscape.

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Power prices hit regulatory ceiling as heatwave drives demand

The Indian Energy Exchange data shows this trend. This high-price segment allows costlier power sources to meet demand. Peak demand reached a record 256 GW.

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Govt planning policy to push floating solar projects: MNRE Secy Sarangi

This initiative aims to encourage states to undertake larger-scale floating solar installations, which are more energy-efficient due to water's cooling effect.

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First Solar's quarterly sales rise on higher solar panel demand

FIRST SOLAR-RESULTS/First Solar's quarterly sales rise on higher solar panel demand

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PM Modi’s Ujjwala at 10 marks shift from access to empowerment, says education minister Dharmendra Pradhan

This initiative has significantly improved household health and reduced time spent on fuel collection. Women are now participating more in economic activities, gaining a stronger voice.

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Commercial LPG cylinder price hike, 19kg cylinder jumps by ₹993 to ₹3,071.50 in Delhi

While India has partly offset crude supply disruptions by sourcing oil from countries, including Russia, gas supplies have been curtailed to industrial users and LPG availability to commercial establishments, such as hotels and restaurants, has been reduced.

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Gujarat solar exports hit hard as US tariffs surge past 200%

This move intensifies pressure on Gujarat's solar manufacturers, who are already grappling with oversupply and tapering exports amid strong but insufficient domestic demand growth.

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JK Cement invests ₹2.81 crore in renewable energy SPV for Rajasthan solar project

The project is linked to a Power Purchase Agreement for supplying 40 MWp solar power to JK Cement’s Gotan plant.

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West Asia war: Bulk diesel buyers switch to pumps, add to OMC losses

This shift is extending losses for oil marketing companies. State transport corporations are exempt from these higher bulk prices. The price gap is significant, prompting many customers to seek cheaper options.

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Solar Scheme may push induction cooktops amid energy disruptions

These LPG connections include those recently upgraded to the clean cooking fuel supply grid through the Pradhan Mantri Ujjwala Yojana (PMUY). The scheme, started a decade ago, now has nearly 100 million such beneficiaries.

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Solar Scheme may push induction cooktops amid energy disruptions

These LPG connections include those recently upgraded to the clean cooking fuel supply grid through the Pradhan Mantri Ujjwala Yojana (PMUY). The scheme, started a decade ago, now has nearly 100 million such beneficiaries.

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Solar infra helps India meet record 256GW power demand

Solar generation, including rooftop systems, accounted for about one-third of total generation earlier in the day, highlighting its growing importance in the nation's power mix.

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Power demand surges to 255.8 GW on Monday

Delhi's power demand also crossed 7,000 MW for the first time in April. Tata Power Delhi Distribution met its highest demand of 2,030 MW this summer. The power ministry anticipates further increases in demand.

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Bondada Engineering’s FY26 PAT jumps 86% to ₹211 crore

The company reported revenue growth of 81 per cent in FY26, indicating strong business expansion and higher demand across key operating segments during the year.

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Russian oil flow to India cools

Imports fall 20% in April as floating cargo suppies fade, disruptions bite.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/DyejicI

Adani Green may invest ₹42,000 crore in FY27

The company achieved the highest annual greenfield renewable capacity addition globally outside China in FY26. AGEL's total operational portfolio now stands at 19.3 GW. The company is also increasing investments in energy storage solutions.

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Focus shifts to RIL's non-oil operations

Investors will watch non-oil business performance for future earnings momentum. The company's new energy GIGA factory is set to become operational this year. Telecom ARPU saw a modest increase. Retail revenue grew, but Ebitda growth was limited.

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Rajasthan solar capacity under PM-KUSUM reaches 4,000 MW

1,808 plants now operational, supplying daytime power to 2.62 lakh farmers; 10.7 GW projects approved.

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India achieves major milestone in wind energy; capacity now 56 gigawatts: PM Modi

Prime Minister Narendra Modi announced that India has surpassed 56 GW of wind energy capacity, with record additions in the past year.

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NPCIL achieves key milestone at Kudankulam Unit-3 with reactor system flushing

‘Spillage to Open Reactor’ marks start of primary system testing as 1,000 MW unit moves closer to commissioning.

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TotalEnergies approves Kazakh renewable project despite disputes

This project, part of the company's expansion into renewables, aims to supply energy to legacy oil and gas clients and contribute to Kazakhstan's renewable energy targets.

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IGL proposes to halve PNG pressure to restaurants

This move aims to minimise wastage and ensure sufficient supply for normal operations. Restaurant industry executives express concern, fearing longer cooking times due to lower pressure.

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From sun to subsoil, how countries are moving away from fossil fuels

Heating with geothermal energy, lighting with solar panels, how can we live with less oil and gas? - Geothermal in France - For a long time, the owners of the building where Anne Chatelain lives near Paris resisted switching from gas heating to geothermal energy.

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Decoding the impact of India’s trade agreements for its energy and minerals industry

These pacts aim to diversify supply chains, boost domestic processing, and attract investment, while navigating challenges to maintain strategic autonomy and build capabilities.

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Petrol, diesel sales rise in anticipation of price hike

This heightened demand, despite government assurances of normal supply and no price hike proposals, is fueled by expectations of a price increase following the conclusion of state elections on April 29.

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Sterlite electric ties up with Spanish company for smart cable systems

The new systems will enhance power transmission networks. Utilities can now track asset performance and detect faults in real time. Production will initially be in Spain, with a new facility planned for India.

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NIIF leads $1.7 bn race for Shell's Sprng Energy

In talks with Temasek; Actis, Aditya Birla Group and KKR are other contenders.

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NIIF leads $1.7 bn race for Shell's Sprng Energy

In talks with Temasek; Actis, Aditya Birla Group and KKR are other contenders.

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Inox Clean Energy eyes $750M Boviet Solar buy to enter US market

This strategic move aims to expand Inox's footprint in the American solar market. The deal values Boviet Solar at approximately $750 million. Boviet Solar is a significant player among US solar equipment makers.

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Luminous Power Technologies, SIDBI partner to boost solar financing for MSMEs

The partnership aims to simplify access to structured financing, enabling MSMEs to adopt solar energy solutions with loans of up to ₹50 crore and repayment tenures of up to 10 years.

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Suzlon returns to Europe with new wind turbines

Suzlon plans to leverage its existing portfolio of more than 600 MW in the region by offering retrofit solutions that upgrade turbines without requiring major structural changes, making repowering faster and more cost-effective.

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Household LPG sales fall 8% in March

Meanwhile, commercial LPG usage plummeted dramatically by 48 percent, and bulk LPG distribution to industries faced an alarming drop of 75.5 percent.

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Resolven signs PPA with SECI for 180 MW wind project in Andhra Pradesh

The project will be developed through its subsidiary Ganeko Three Energy and has been secured at a tariff of ₹3.68 per unit.

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Domestic production of oil, gas ramped up amid West Asia crisis: RBI governor

The economy has shown strong growth over the past decade. Monetary policy remains data-dependent, with a neutral stance to manage inflation expectations and economic dynamics.

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India’s renewable power hits record in 2025, cuts fossil fuel generation: Ember

Renewable energy generation increased by a record 98 TWh, marking a 24 per cent jump and exceeding the country’s electricity demand growth of 49 TWh during the year

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Continuing customs benefits for battery storage to be reviewed

Finance Ministry to talk to Power, Renewable Energy Ministries.

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India’s clean energy push: Govt mulls bids for 220 MWe small modular reactor

India is poised to advance its nuclear energy program by inviting bids for the 220 MWe Bharat Small Modular Reactor (BSMR-200) within six months. This initiative, a key part of the nation's clean energy transition, will allow foreign companies to partner with local firms.

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India’s LPG consumption drops 12.8% in March as West Asia turmoil disrupts supply

Sharp cuts in commercial and bulk demand offset higher domestic output, as Strait of Hormuz disruptions constrained imports and forced diversion of refinery feedstock.

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BHEL FY26 turnover rises 18% to ₹32,350 crore

The state-owned entity secured total order inflows of around ₹75,000 crore during the year, taking its total outstanding order book to around ₹2.4 lakh crore at the end of FY26.

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RBI’s oil forex window set to fuel rupee recovery

This move, likely routed through state-run lenders, aims to reduce the significant daily dollar demand from oil companies. Analysts expect this intervention to lead to rupee appreciation.

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Waaree Renewable Technologies net up 66% to nearly ₹156 cr in March quarter

Its consolidated net profit stood at ₹93.76 crore in the quarter ended on March 31, 2025, according to an exchange filing.

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Waaree Renewable Technologies net up 66% to nearly ₹156 cr in March quarter

Its consolidated net profit stood at ₹93.76 crore in the quarter ended on March 31, 2025, according to an exchange filing.

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Solar rooftop works to be accelerated across Andhra under PM Surya Ghar scheme

Over 20,000 SC and ST households have received solar rooftop systems. The initiative aims to reduce electricity bills and promote clean energy. The scheme will soon extend to Backward Class beneficiaries.

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GAIL to set up 600 MW solar power project in UP

The project aims to meet captive energy demand of GAIL’s Pata petrochemical plant, while supporting electrification of gas-based equipment and upcoming CBG units in Uttar Pradesh.

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Coal ministry to launch 15th round of commercial mine auctions on April 17

The auctions will be conducted under liberalised terms to promote ease of doing business, encourage wider participation and support investment in the sector.

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India may seek bids for small n-reactor soon

Foreign cos will be allowed to submit offers but in tieup with local partner.

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Enviro Infra Engineers secures ₹2,240 crore fresh orders, expands into BESS segment

The fresh order inflow includes ₹1,170 crore from water and wastewater projects and ₹1,070 crore from renewables, taking the total order book past ₹4,600 crore.

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ANDRITZ wins equipment order for India’s largest 3,000 MW pumped storage project in Maharashtra

The scope of work includes design, manufacture, installation, testing and commissioning, with execution through ANDRITZ's India facilities backed by its global network.

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Plants built for imported coal being tested for local blends

The exercise is evaluating operational feasibility, including the impact on efficiency, combustion and equipment performance.

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10 killed, 23 injured in boiler blast at Chhattisgarh's Vedanta power plant

Rescue operations are underway as some workers are feared trapped. The incident occurred at the Singhi Tarai plant. The company is investigating and providing support to those affected.

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Brookfield set to divest 550 MW solar project in Bikaner; eyes ₹3K cr EV

The C&I segment, the country's largest power consumer, has witnessed several mergers and acquisitions deals in recent times, highlighting increasing demand for such assets.

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Brookfield set to divest 550 MW solar project in Bikaner; eyes ₹3K cr EV

The C&I segment, the country's largest power consumer, has witnessed several mergers and acquisitions deals in recent times, highlighting increasing demand for such assets.

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Ships with Iran oil anchor off India as Trump announces blockade

The arrival comes as the US intensifies its efforts to restrict Iran's oil exports. India had stopped importing Iranian oil in 2019 due to US sanctions.

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L&T targets nuclear energy, expects 3x revenues in 5 years

This growth is fueled by a global shift towards nuclear power and India's ambitious target to increase nuclear capacity. L&T will focus on engineering, manufacturing, and project execution, both domestically and internationally.

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Jindal Renewables, INOXGFL in race for GIP's Vena India

The deal is anticipated to value the platform between ₹4,500-5,000 crore. Binding bids are expected next month following due diligence.

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Two supertankers including Pakistan-flagged ship take a u-turn at Hormuz as US-Iran talks collapse

The reversals coincided with the breakdown of negotiations, which had aimed to address the crucial reopening of the vital energy thoroughfare. The situation highlights the ongoing volatility and risks in the region.

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India raises export duties on diesel, aviation turbine fuel

The finance ministry announced the higher taxes, effective immediately. Previously, India also reduced excise duties on petrol and diesel. Additionally, a cap has been placed on monthly aviation fuel price hikes for domestic airlines.

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After 7 years, work restarts on India-funded Bhutan hydro project

India is funding the project, which is expected to be completed within five years and will export surplus power to India.

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After 7 years, work restarts on India-funded Bhutan hydro project

India is funding the project, which is expected to be completed within five years and will export surplus power to India.

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Andhra Pradesh's cabinet clears ₹39,437 cr projects across IT, energy, manufacturing

Major projects include a semiconductor fab unit and quantum computing facilities. Land allotments and policy changes will support industrial growth and education. This marks a significant step for the state's development.

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KPCL sets record with 15,509 million units of hydropower in 2025-26

This achievement highlights Karnataka's leading position in hydropower, with efficient maintenance and good rainfall contributing to the impressive generation from various river systems.

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India permits Iranian oil tankers to berth for Reliance, sources say

This exemption, reportedly due to the Strait of Hormuz closure, allows for the berthing of ships that may lack international insurance. While permission is granted, Reliance is ensuring transactions comply with sanctions and Indian regulations.

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NHPC firming up ₹30k cr investment plan for Arunachal power project

This project was previously with SJVN Ltd and private developers. The state government is now pushing for central public sector undertakings to develop stalled projects.

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Hybrid solar-rain energy harvester, weather-independent power generation

The technology uses advanced solar cells and a special surface that captures energy from raindrops. This ensures continuous power generation, overcoming the limitations of traditional solar panels.

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Saatvik Green Energy bags ₹108 crore solar module order

The order includes supplying solar PV modules to a leading domestic independent power producer.

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India finalising agreement to supply oil, gas to Mauritius amid West Asia crisis, says EAM Jaishankar

External Affairs Minister S Jaishankar highlighted this and India's role in Mauritius' first floating solar power project, underscoring a dynamic partnership in clean energy and sustainable solutions.

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India, Bhutan discuss ways to boost energy cooperation

Discussions covered hydro-electric projects, including the Punatsangchhu-I and Punatsangchhu-II projects. ​The minister will attend the Punatsangchhu-I dam construction commencement. This highlights strong momentum in bilateral energy cooperation. Energy partnership remains a key pillar of India-Bhutan relations.

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Manohar Lal arrives in Bhutan on 4-day visit; focus on energy security, sustainable development

Discussions with Bhutan's Prime Minister and Energy Minister covered hydropower cooperation, renewable energy, and regional power trade, with the signing of the Punatsangchhu-II Hydroelectric Project Tariff Protocol and a reactive energy accounting methodology.

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Vedanta Power ramps up waste-to-energy model in Punjab

This initiative, exceeding regulatory mandates, has led to an estimated reduction of 0.40 million tonnes of carbon dioxide emissions and engaged thousands of farmers in a structured biomass supply chain.

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Orsted CEO says Middle East crisis boosts European offshore wind momentum

This situation, marked by rising energy prices and disrupted shipping routes, strengthens the argument for increased offshore wind development as Europe seeks energy security, sovereignty, and competitiveness.

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Mahindra to acquire 26% stake in Neon Hybren for Punjab captive solar project

The investment of up to ₹11.17 crore will support a proposed 30 MW AC solar project in Punjab, aimed at supplying power to the company on a captive basis.

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India urges Iran to speed up oil cargo shipments amid ceasefire window

Industry experts warn that a full return to normal trade could take months due to ongoing logistical challenges and potential risks. India maintains its expectation of unimpeded navigation through the Strait of Hormuz.

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PM-Kusum 2 in the works to expand solar irrigation: Joshi

Installations are progressing rapidly, with thousands of projects added daily. Pending power sale agreements are being addressed, and transmission issues are being resolved to ensure green energy delivery.

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Cabinet approves revision of HPCL Rajasthan refinery project cost to ₹79,459 crore

The project involves setting up a 9 million metric tonnes per annum (MMTPA) greenfield refinery-cum-petrochemical complex, along with a petrochemical production capacity of 2.4 MMTPA.

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PM-KUSUM can cut farm power subsidies, boost solar irrigation: Report

The report added that in many states, decentralised solar irrigation already costs ₹3–4 per unit, far below utilities’ ₹6–7 per unit supply cost.

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HPCL ramps up nationwide supply, enforcement network amid demand surge

To meet demand, HPCL dispatched 48,099 tankers carrying petrol, diesel and subsidised kerosene to its retail network.

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Godrej Enterprises wins 98 MW solar project in Haryana

Sirsa plant to use bifacial TopCon modules, generate 147 million units annually and cut emissions by over 75,000 tonnes

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Iran war: IOC, BPCL, HPCL may have lost ₹6/litre on diesel in Q4

This squeeze on profits is attributed to rising crude oil prices, particularly due to the Iran war, while domestic retail fuel prices remained unchanged. The companies' overall quarterly profit is predicted to drop significantly.

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Kajra solar project to boost power supply: Minister

Phase-1 is commissioned, and Phase-2 is progressing rapidly, aiming to enhance power supply and grid stability. The minister also explored new renewable energy project possibilities in the region.

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Centre doubles allocation of 5 kg LPG cylinders for migrant workers

The revised policy lifts earlier caps, allowing states to increase supply of small cylinders to meet rising demand among migrant labourers.

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IAEA says strikes near Iran nuclear power plant 'must stop'

The facility, Iran's only operational nuclear reactor, has been targeted multiple times, with one strike occurring just 75 meters from its perimeter.

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Coal offtake under watch as industry builds stocks

The Coal Ministry is watching fuel purchases by state agencies. This comes as small industries build up coal reserves. Coal India supplies these agencies for smaller consumers.

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Chandigarh to rethink fixed solar user charges

Instead of a fixed ₹300 per kilowatt, charges will now be based on the lowest power consumption slab, aiming to reduce residents' financial burden. Surplus solar power will be sold to the power distribution company.

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TPG to buy NIIF green infra NBFC Aseem for ₹4,000 crore

This move aims to accelerate green funding and investment initiatives in India. The deal will see the exit of Aseem's current sponsors. The acquisition includes

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TPG to buy NIIF green infra NBFC Aseem for ₹4,000 crore

This move aims to accelerate green funding and investment initiatives in India. The deal will see the exit of Aseem's current sponsors. The acquisition includes

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India OMCs to pay discounted rates to refiners amid fuel price freeze

This move, effective March 16, forces refiners to absorb some of the impact from rising global oil prices, particularly affecting standalone refiners.

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Solar grid charges will discourage shift to cleaner energy, say experts

These charges, set to increase from ₹1.96 to ₹2.32 per unit by 2029-30, could significantly deter residential complexes and industries from adopting rooftop solar projects by extending investment recovery periods.

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Oil India ramps up crude production from Rajasthan's Thar desert

This 70% surge, driven by advanced techniques like Cyclic Steam Stimulation, significantly enhances domestic output and energy security. The company's innovative methods are unlocking the potential of heavy oil reserves, reducing India's import reliance.

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Iran warns of 'radioactive contamination' risk after strike near Bushehr nuclear plant

The UN's nuclear watchdog confirmed a projectile hit near the facility, killing one staff member and damaging a building. The IAEA stressed nuclear sites must not be targeted, urging restraint to prevent accidents. Energy production remains unaffected.

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7th India-flagged LPG tanker crosses Hormuz, 17 in queue

Seventeen Indian ships, including two LPG carriers, remain west of the Strait. Meanwhile, a foreign tanker carrying Iranian oil to India has rerouted to China, highlighting payment sensitivities impacting trade flows.

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Oil prices surge while Asian share prices rise moderately

Benchmark US crude surged over 11%, while Brent crude also jumped significantly. This instability threatens physical infrastructure and trade routes, with potential long-term price effects.

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Govt directs refineries to reroute LPG feedstock to industries hit by petrochemical shortage

This decision follows disruptions in Middle East LPG supplies due to regional conflict, prompting an initial prioritisation of domestic LPG output.

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Cairn Oil & Gas commences renewable energy sourcing from Serentica Renewables for Oil field in Rajasthan

This move will power approximately 20% of its Barmer field's energy needs, significantly cutting its carbon footprint by an estimated 115 kilotonnes of CO₂ annually and supporting its net-zero ambitions.

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NTPC records highest ever capacity addition of 9.6GW in FY26

The company also achieved significant growth in coal production and power trading, alongside a 105% ash utilisation rate. With over 89 GW operational and 32 GW under construction, NTPC aims for 149 GW total capacity by 2032.

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Bhaskar Bhattacharya resigns as PFC independent director; to contest West Bengal assembly elections

The Bharatiya Janata Party (BJP) has fielded Bhattacharya from the Sreerampur assembly constituency against Trinamool Congress's Tanmoy Ghosh.

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PM Modi chairs special CCS meet to review steps amid war

The government is enhancing coordination with states to ensure critical supplies, diversify energy sources, and combat disinformation, while maintaining stable domestic LPG prices and monitoring food commodity rates.

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J&K govt announces revival of 120-yr-old power project

The government is initiating a tender process for its renovation and operation. The project, commissioned in 1905, holds significant historical and heritage value for the region.

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Govt steps in to cap domestic ATF hike at 25% after prices more than doubled

OMCs had raised jet fuel prices by over 100% under the monthly revision, briefly pushing rates above ₹2 lakh/kl, before the Centre limited the increase to ₹15/litre to shield domestic flyers.

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AERB approves excavation work for units 1, 2 of Mahi Banswara nuclear power project

This significant development, spearheaded by Anushakti Vidyut Nigam Limited, marks a crucial step in expanding India's nuclear energy capacity. The project, involving two 700 MWe pressurised heavy water reactors, is a substantial national endeavor.

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AERB approves excavation work for units 1, 2 of Mahi Banswara nuclear power project

This significant development, spearheaded by Anushakti Vidyut Nigam Limited, marks a crucial step in expanding India's nuclear energy capacity. The project, involving two 700 MWe pressurised heavy water reactors, is a substantial national endeavor.

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Cosmic PV Power files papers with Sebi for ₹640 crore IPO

Proceeds will fund a new manufacturing facility in Madhya Pradesh. The company, a fast-growing solar module manufacturer, also offers EPC services and aluminium frames.

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India assures no nationalisation, offers 21 oil blocks to attract global investors

This move aims to revive the country's declining oil production. The new contracts also offer protection for foreign investors, including neutral arbitration.

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NTPC REL inks 70,000 MTPA green ammonia supply pact with SECI

The pact, signed under the government’s SIGHT scheme, will enable supply to Krishna Phoschem in Madhya Pradesh, with SECI acting as the intermediary procurer.

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Green H2 blending can help cut gas, fuel imports: Prahlad Joshi

He noted successful pilot projects and existing infrastructure in the fertiliser sector under the National Green Hydrogen Mission, emphasizing its role in achieving energy security and domestic capability.

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India boosts renewable push amid gas supply disruptions, minister says

This is a response to a gas shortfall caused by the Middle East crisis. The country is also increasing coal and hydro plant output. Tata Power's imported coal plant in Gujarat will run at full capacity. Industries are encouraged to generate their own power.

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BHEL bags over ₹13,500 crore NTPC order for Telangana thermal project

BHEL emerged as the successful bidder for the project in October 2024 and received a limited notice to proceed in November 2024 to initiate basic engineering work.

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Premier Energies commissions 5.6 GW solar module facility in Telangana

With this addition, the company’s total solar module manufacturing capacity has increased to 11.1 GW.

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LPG supply boost: Indian factories resume full production as migrant workers return

The government's increased LPG allocation to priority sectors like steel, autos, and textiles is significantly aiding production.

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Rajnath Singh chairs first IGoM meet on West Asia situation, calls for proactive response

The IGoM reiterated the importance of coordination with states and timely public communication, and called for an assessment of the impact across sectors. It also directed ministries to share updates via the MIB WhatsApp channel to ensure accurate information and curb misinformation.

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Subansiri River journey signals new era of hydropower, tourism: Arunachal CM

The state government is focusing on sustainable economic opportunities. Plans include developing eco-tourism and high-end recreational activities in the Subansiri region.

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Oil prices gain as traders doubt prospects of ceasefire in Iran war

Brent crude futures rose 4.2%, settling at $112.57 a barrel, while WTI futures gained 5.5% to $99.64. The conflict has removed 11 million barrels per day from global supply, with analysts warning of further price hikes if the war prolongs.

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Russian Deputy PM's India trip to focus on oil, LPG, fertiliser

Manturov will engage with minister S Jaishankar & discuss ways to boost Economic Cooperation Programme

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Jindal Stainless, Oyster Renewable begin phased commissioning of 315.6 MW hybrid power project

The ₹2,000 crore solar-wind project will support industrial decarbonisation and cut emissions by 6.5 lakh tonnes annually.

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Iran-India fuel trade begins after strait open sesame, first LPG cargo due this week

Iran has stated that vessels from friendly nations, including India, will be allowed passage. This development offers a potential solution to fuel supply concerns for India. More shipments are expected soon.

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India is not just a market; it is a mindset — Journey in a transforming solar landscape

The next phase of solar growth will focus on intelligence, resilience, and delivering long-term value. Global players must understand and adapt to India's competitive and value-conscious market. Success demands localisation, responsiveness, and consistent execution.

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Indian Oil buys LPG from Iran after 8 years; first cargo to dock at Mangalore on Thursday: Report

The LPG cargo of around 43,000 tonnes will be shared with BPCL and HPCL as supply disruptions in the Middle East tighten availability and strain domestic distribution.

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Dharmendra Pradhan urges fast-tracking for energy security amid West Asia crisis

Approved in 2018 and advanced by an April 2025 MoU, the ₹8,743 crore facility will enhance India's energy security by adding seven days of crude oil supply and create over 5,000 jobs.

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Exide Industries infuses ₹450 crore into EV battery arm Exide Energy Solutions

Exide Industries has invested ₹450 crore in its wholly owned subsidiary Exide Energy Solutions through a rights issue to fund its upcoming lithium-ion cell manufacturing plant in Bengaluru

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Oil firms rush to calm nerves, says no fuel shortage as panic-buying sweeps cities

Oil marketing companies including Hindustan Petroleum Corporation Ltd, Indian Oil Corporation Ltd and Bharat Petroleum Corporation Ltd reiterated that supplies remain stable and adequate stocks are available across the country.

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Keep Hormuz open: PM Modi, Trump stress global energy lifeline amid Iran tensions

Both leaders agreed on the importance of de-escalation and restoring peace, with India stressing the necessity of secure and accessible shipping routes for its energy supplies.

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Drop extra VAT on regasified LNG: Industry

This higher interstate tax burden, around 9% more than intra-state supplies, is impacting the operational viability of gas-dependent industries, including solar glass manufacturing, amid domestic supply disruptions.

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Suzlon secures 100 MW wind energy order from GAIL in Maharashtra

The project will power GAIL’s petrochemical plant and support decarbonisation, as Suzlon deepens PSU presence with repeat orders and expands Maharashtra footprint

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We are exploring geothermal energy, eyeing more sites with ONGC: R Meenakshi Sundaram, Planning Secretary, Uttarakhand

Entire process from approval to commissioning for the pilot project is expected to take about three to four years, says Sundaram

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Powerica Generates Sales, but Margins, ROE Weigh

Wind in sales Genset maker, which is also into wind power, has been reporting growth in revenue and profits, but Ebitda lags that of peers

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ALMM expansion to ingots, wafers to strengthen local manufacturing, reduce imports: Industry

Industry players believe this move will empower local companies to control the entire solar value chain, significantly reducing import dependence and fostering substantial investments and job creation.

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Two-day National District Mineral Foundation Summit from Today to boost development in mining-affected districts

According to a statement released by the Ministry of Mines, "The Summit aims to strengthen inter-governmental coordination and identify policy reforms for improving the effective and outcome-oriented utilisation of DMF funds in mining-affected districts, particularly in ADP and ABP areas."

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Fertiliser & energy crisis ahead? Rajnath Singh warns West Asia conflict could hit India hard

He stressed that dialogue and diplomacy are crucial for resolution, crediting PM Modi for keeping India out of direct involvement and highlighting India's increased global influence.

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Govt raises commercial LPG allocation to 50% to ease pressure on businesses amid energy crisis

The government prioritises key sectors such as restaurants, hotels, industrial canteens, food processing units, community kitchens and subsidised food outlets, while also supporting migrant workers through targeted distribution.

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Russia barrels back to top India's oil game as Middle East war shakes markets

Iraq had briefly led in February, but easing US sanctions and recent Middle East disruptions are driving a rebound for Russian barrels. India's imports from Russia are projected to surge significantly in March.

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PGCIL board nod to new merger plan for 28 subsidiaries

This significant restructuring aims to streamline operations, reduce legal entities, and enhance efficiency within the company's extensive transmission network. The move supports India's growing electricity demand and renewable energy integration.

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BPCL commissions second-generation bioethanol refinery in Bargarh

The facility has a production capacity of 100 kilo litres per day (KL/day) of fuel-grade bioethanol, produced from rice straw using advanced lignocellulosic technology

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Petrol price hike: Indian oil companies raise premium petrol rates by up to ₹2.35 per litre

India's refineries are operating at full capacity. Oil marketing companies are conducting inspections to prevent unethical practices. India has diversified its crude oil sourcing.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/z7vCsHr

Turkiye's COP31 agenda, balancing development and green transformation for climate action

While identifying nine priority issues like zero waste and resilience, the agenda notably omits standalone focus on finance and fossil fuel transition, leaving key details unclear.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/4pIlZce

India's nuclear plants generated 56,681 MU of power in 2024-25: Jitendra Singh

The country currently operates 24 nuclear power plants with an installed capacity of 8,780 MW. Additionally, 18 reactors totaling 13,600 MW are planned, including a 500 MW Prototype Fast Breeder Reactor under commissioning.

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Strikes hit world's largest natural gas field in Iran, and Tehran retaliates with more attacks as West Asia war continues

Oil prices surge amid the conflict. The West Bank reports fatalities from Iranian missile fire. Israel also targets Hezbollah in Lebanon. US military casualties mount.

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LPG consumption slumps 17% in March on war-related shortages

This significant drop, impacting household availability, contrasts with robust growth in petrol and diesel sales. Jet fuel consumption also saw a decline amidst flight suspensions.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/Sgsck9n

Fading flames, rising heat: LPG crisis leaves restaurants and staff on edge

While some improvements are noted, smaller eateries and caterers are disproportionately affected, with many facing operational disruptions and potential closures. The situation impacts staffing, with daily wage earners being the first to face job losses.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/8kjVfTe

Reliance Industries signs $3 billion green ammonia supply deal with Samsung C&T

The extensive 15-year agreement, worth over $3 billion, will kick off with the supply of green ammonia beginning in late fiscal 2029. This collaboration embodies Reliance's ambitious move towards clean energy production, reflecting the escalating international demand for sustainable fuel alternatives.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/dAR7W4z

West Asia crisis: LPG bookings drop to 77 lakh as govt says fuel supplies stable

The government said supplies are being prioritised for households and essential services such as hospitals, schools and other critical institutions.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/M8jgdQi

West Asia crisis: Centre in a huddle to cushion jet fuel shock for airlines

The jet fuel crack spread, which measures the difference between the price of a barrel of crude oil and the price of jet fuel refined from it, soared to nearly $100 before cooling.

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Adani-Total Gas cuts price for certain industrial users

Supply disruptions in West Asia had previously led to consumption curbs for these users. The new pricing structure is effective immediately.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/fmyrV9w

Kharg Island on Trump’s radar: Why Iran’s tiny outpost could shake global oil markets

The coral island handles up to 90% of Iran’s oil exports and could trigger global price shocks if its infrastructure is targeted.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/mQc025J

PNG users cannot have LPG refills, says govt as it pushes for faster rollout of piped gas

The Petroleum and Natural Gas Regulatory Board (PNGRB) asked city gas distribution (CGD) companies to accelerate the conversion of households to domestic PNG connections and prioritise areas where pipeline networks are already in place.

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Two Indian LPG carriers head to India after crossing Hormuz strait

In all 22 Indian-flagged ships remain in the conflict region including Chemical, Container, Bulk, Dredger, Empty, and Dry dock vessels. They are manned by 611 Indian seafarers.

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Waaree Energies to set up 10 GW integrated solar ingot, wafer manufacturing facility in Nagpur

With an investment of about ₹6,200 crore, the project will be India’s largest integrated ingot and wafer manufacturing complex, it said

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/DkaeAO8

Ghaziabad mandates rooftop solar and rainwater harvesting in residential building plans

The initiative follows a similar step in Auraiya and may serve as a model for other districts in Uttar Pradesh.

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Iran slams US ‘double standards’ on Russian oil, cites India example

Says Washington pressured India to stop Russian imports earlier but now urges countries to buy Russian crude

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Cooking gas supply assured: India urges switch to Piped Natural Gas amidst Gulf War concerns

Govt points to 36% jump in daily average cylinder bookings.

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How APJ Abdul Kalam warned India about an energy crisis 20 years before today’s fuel anxiety

His roadmap emphasised expanding non-fossil fuel capacity, particularly solar and hydropower, to meet growing demand and reduce oil dependence in sectors like transport. India's progress shows significant strides in renewable energy.

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Too Much On Their Plate: Caterers scramble as LPG cylinders run out amid West Asia conflict

Hotels and caterers struggle to secure gas cylinders, leading to menu changes and cancellations. The shortage stems from the West Asia conflict impacting global energy routes. Home consumption is prioritised, but businesses face significant challenges.

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West Asia crisis: India ready to meet coal demand surge; stocks at 210 MT

Supplies to the non-regulated sector have also increased by nearly 14 per cent compared with the previous year, reflecting stronger availability across industries.


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ET Energyworld Solar Power Congress 2026 kicks off in New Delhi, brings policymakers, industry together

Policy leaders, PSU executives and industry players will convene in New Delhi on March 12 to discuss solar sector investments, megawatt expansion and grid readiness.

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ET Energyworld Solar Power Congress 2026 kicks off in New Delhi, brings policymakers, industry together

Policy leaders, PSU executives and industry players will convene in New Delhi on March 12 to discuss solar sector investments, megawatt expansion and grid readiness.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/uIbe9Ml

Long drawn war will be disastrous for oil market: Aramco CEO

The head of the region's largest oil producer mentioned Aramco can reroute crude to avoid the Strait of Hormuz. He emphasized this is the biggest crisis the region's oil and gas industry has faced.

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US will hit Iran ‘20 times harder’ if oil flow through Hormuz is stopped: Trump

The warning comes as the confrontation between the United States and Iran has unsettled global shipping and energy markets, with commercial traffic through the Strait of Hormuz facing disruptions amid the conflict.

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Iran-Israel War: India orders refineries to boost LPG production for domestic use

This strategy guarantees a steady supply for homes, especially during international fuel crises. Meanwhile, hospitals will receive a prioritised allocation of imported LPG, with a specialized committee assessing the needs of businesses in the food sector and industrial clients.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/wEJ2Da6

ACME Solar raises ₹2,300 crore from NaBFID

The loan, priced between 8% and 8.50%, is backed by revenues from 12 operational solar SPVs, ensuring repayment comfort for the lender.

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Oil prices surge 20% as expanding US-Israeli war with Iran cuts supplies from Mideast

Fears of prolonged disruption to shipping through the Strait of Hormuz are driving prices higher, with analysts predicting further output reductions and sustained elevated fuel costs globally.

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Iran war: US, Israel hit five oil sites in and near Tehran

Iran’s National Iranian Oil Products Distribution Company said four oil depots and a petroleum transport centre were damaged, but the resulting fires were brought under control.

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Oil and gas prices rapidly rise as Iran war shows no signs of letting up

Tankers carrying about 20 million barrels of oil a day are stranded in the Persian Gulf due to safety risks around the Strait of Hormuz, while damage to oil and gas facilities has further tightened supply.

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IEA: Plenty of oil in market despite West Asia turmoil

Fatih Birol acknowledged logistical challenges due to the West Asia conflict. Birol stated that while all options are considered, no immediate release of emergency oil stocks is planned. He also cautioned against relying on Russia for energy supplies, calling it a past mistake.

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India’s solar industry seeks ₹25,000 crore support for domestic manufacturing

The National Solar Energy Federation of India has requested ₹20,000-25,000 crore in viability gap funding. This aims to build 50 GW of local capacity. The industry also wants incentives for machinery.

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Iran responsible power, Strait of Hormuz not shut: Deputy Foreign Minister Saeed Khatibzadeh

He denied claims that Iran has closed the Strait of Hormuz. Khatibzadeh emphasised Iran's role as a stabilising force. He clarified there is no immediate intention to block the waterway. Iran remains committed to international law and freedom of navigation.

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US crude futures now up 12% per barrel amid Iran war

The Strait of Hormuz closure has halted significant oil shipments, leading to substantial weekly gains for WTI and Brent crude. Analysts warn of further price increases, with some predicting oil could reach $150 a barrel.

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Oil settles up around 5% on supply concerns as Iran conflict widens

West Texas Intermediate crude jumped 8.51%, while Brent crude rose 4.93%. Several nations have halted oil and LNG production, with analysts warning of prolonged recovery even after the Strait of Hormuz reopens.

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Oil prices rise as Iran conflict widens

Major oil and gas producers like Iraq and Qatar are cutting output. This situation is causing significant concern for global energy markets. Shipping through the crucial waterway has nearly halted, impacting energy flows worldwide.

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Gujarat Gas restricts industrial supply, invokes force majeure

The company cites severe constraints in regasified liquefied natural gas availability. The ongoing war in the Middle East region is impacting the gas supply scenario. Gujarat Gas is closely monitoring developments.

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Iran ups attacks on Oil infra, US missions in Gulf

Drones and missiles struck oil facilities and US embassies. Israel conducted air strikes on Iranian targets and pushed troops into Lebanon. Iran's ambassador ruled out negotiations with the US for now.

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Iran vows to attack any ship trying to pass through Strait of Hormuz

This explicit warning follows earlier threats and could disrupt a fifth of global oil flows. The move is a retaliation for alleged US and Israeli strikes, escalating regional tensions.

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India, Canada sign $2.6 billion uranium deal, target $50 billion trade by 2030 with CEPA push

This partnership includes cooperation in defense, technology, and renewable energy. The leaders finalized terms for a comprehensive economic partnership agreement. This move signifies a reset in relations and unlocks new opportunities for both countries.

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OPEC+ hikes oil production by more than expected following outbreak of Iran war

Analysts warn this is insufficient to offset potential Strait of Hormuz disruptions, which could cause oil prices to spike significantly when trading resumes.

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Andhra Pradesh okays Adani solar power deal, with rider

Last year, Andhra Pradesh had realised the adverse financial implications of such a move and was trying to look for options.

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West Asia on the boil: Indian refiners brace for oil price shock, eye backup plan

"The consequences this time could be far more significant," one executive said, warning that sustained tensions could drive oil prices higher and keep them elevated for longer.

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India, Canada all set to ink a 10-year deal on Uranium supply

This deal aims to strengthen bilateral ties. Canada is a major global uranium producer. The agreement will ensure a steady supply of uranium ore concentrate for India's nuclear reactors.

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Adani Arm to manufacture India’s longest 91.2-metre wind turbine blades at Mundra

These blades will enhance energy output at low- and medium-wind sites, marking a significant advancement in the country's renewable manufacturing capabilities.

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Carbon capture risks leading Indian steel down a technological dead end

In the steel industry, CCUS has an even more underwhelming track record. The only commercial-scale CCUS plant in the steel sector is the Al Reyadah plant in the United Arab Emirates.

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NARCL may bid ₹900 cr for Videocon Oil's over ₹30,000 cr debt

After months of negotiations and addressing complexities, the bad bank has formalised its offer, potentially leading to a Swiss Challenge process.

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No detours: CAFE III to kick in by April 2027

Carmakers must meet these targets or face penalties. Electric and hybrid vehicle manufacturers can earn credits. The industry had sought a delay, but the government insists on the timeline. These regulations aim for cleaner transportation.

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ReNew COO Balram Mehta exits after 14-year stint

His exit was announced internally. Sivaprasad Manikkapurath will assume Mehta's responsibilities immediately. Manikkapurath has been with ReNew since July 2020.

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US sets initial duties on Indian solar imports at 126%

It also proposed duties ranging from 86% to 143% on Indonesia and 81% on Laos on similar grounds.

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Venezuela lines up larger oil cargoes as exports to India set to rise

The use of VLCCs — which can carry up to 2 million barrels of oil each — is expected to lower transportation costs, ease shortages of smaller tankers and speed up deliveries from next month.

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Oil hovers below seven-month high as traders eye US-Iran talks, trade policy

Tensions remain high with renewed diplomatic efforts and concerns over potential military conflict, while Ukrainian drone strikes also impacted a key Russian oil pipeline.

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Oil slides on Iran nuclear talks, fresh US tariff uncertainty

This eased worries about a potential conflict. However, President Donald Trump's new tariff increases introduced uncertainty for global growth and fuel demand. Brent crude futures fell to $71.01 a barrel. US West Texas Intermediate crude futures were at $65.74 a barrel.

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NHPC moves to expedite desilting at J&K's Salal Dam

This crucial operation promises to significantly improve water storage and power generation capabilities. The gradual accumulation of sediment has led to a marked reduction in the dam’s capacity over the years.

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Chamera-1 Hydro Power Station: NHPC's renewable energy success in Himachal Pradesh

Renewable energy is the most important among the current sources of energy. The projects specifically being carried out by NHPC in hilly states are not only meeting electricity needs but also accelerating infrastructure development.

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India rebalances crude slate as Saudi gains, Russian flows ease under sanctions pressure

India’s crude import strategy is shifting towards a gradual rebalancing, with Middle Eastern suppliers, especially Saudi Arabia, regaining market share as Russian imports decline amid sanctions and geopolitical pressures.

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Chandigarh rooftop solar uptake low despite incentives; CREST flags strong savings potential

Despite government incentives, rooftop solar adoption in Chandigarh is low. A CREST study reveals significant financial benefits, with 2-3 kWp systems offering monthly savings of ₹1,000- ₹2,000 and payback in four to five years.

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NHPC clears ₹5,700 crore investment for two hydro projects in Jammu & Kashmir

The state-owned company’s board cleared the 240 MW Uri-I Stage-II and 260 MW Dulhasti Stage-II projects, aggregating 500 MW, with construction targeted to commence in March 2026.

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Modi, Lula talks to centre on rare earths, supply chain diversification and trade expansion

Brazil holds the world’s second-largest reserves of rare earth elements, which are essential for electric vehicles, solar panels, smartphones, jet engines and guided missiles.

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Brent rises late, settles higher and with weekly gain on Iran-US jitters

While Brent settled slightly higher, WTI dipped, as markets awaited developments in the U.S.-Iran standoff. Over the week, both benchmarks experienced significant gains.

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India's oil purchases ensure global energy security: Russia claims India-US understanding on crude import volumes

Reports suggest India will maintain minimum Russian crude oil imports. This approach aligns with the US view on maintaining global energy stability. Moscow has no information about India halting these purchases.

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Philippines' Aboitiz in talks for majority stake in Fourth Partner

Early investors in Fourth Partner are looking to sell their holdings. This move signals continued investment in India's green energy sector. Fourth Partner Energy supplies power to commercial and industrial clients and has international projects.

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Waaree to Build India's largest battery gigafactory in Andhra Pradesh

WESSPL plans 16 GWh integrated plant, the largest in India

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Under-construction Dibang hydel project in Arunachal achieves key breakthrough

This achievement, marked by a final blast initiated by NHPC Director (Projects) Sanjay Kumar Singh, is vital for advancing construction and ensuring smooth river diversion.

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Nextpower inks multi-year 1 GW steel frame supply pact with Jinko Solar US

Frames to support module manufacturing at Florida facility from mid-2026; deal scalable to 3 GW.

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BHEL bags ₹1,200–1,500 crore captive power plant order from SAIL

The commissioning of the CPP package is to be completed within 39 months from the effective date of the contract.

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India & Norway boost green energy ties: Solar, rare earths, carbon capture discussed

Both leaders agreed to utilize the Trade and Economic Partnership Agreement for growth in blue and green economies.

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Adani to invest $100 billion in renewable-powered AI data centres by 2035

The conglomerate plans a 5 GW expansion with partnerships spanning Google, Microsoft and Flipkart, aiming to catalyse a $250 billion AI infrastructure ecosystem in India.

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Refinery petrochemical integration, feedstock certainty to define India’s next chemical growth cycle: Ramya Bharathram, MD, Thirumalai Chemicals

In an interview, she outlines reforms in cracker configuration, supply agreements and carbon strategy to move India up the global chemical value chain.

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Inox Wind shares fall over 8%. What brokerages didn't like in Q3 results

Brokerages, including Nomura and Motilal Oswal, slashed price targets, citing softer guidance and trimmed growth forecasts despite retaining ‘BUY’ ratings.

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India's rooftop solar push falls short: Subsidies, loan delays hamper targets

This is impacting the nation's clean energy goals. Many applications remain pending, raising concerns about continued reliance on coal power.

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India's rooftop solar push falls short: Subsidies, loan delays hamper targets

This is impacting the nation's clean energy goals. Many applications remain pending, raising concerns about continued reliance on coal power.

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India's power generation capacity addition crosses 50 GW during Apr-Jan period

This surpasses all previous records. Renewable energy sources contributed significantly to this growth. Solar power led the additions. This expansion marks a substantial increase in the nation's total installed capacity.

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Chhattisgarh boosts hydropower with 8,300 MW pumped storage projects

These projects will add 8,300 MW of capacity across six locations. This initiative aims to diversify the state's energy mix beyond thermal power. Early-stage clearances are being fast-tracked for these ambitious plans.

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Nagpur tops state in rooftop solar push

This success was celebrated at an industrial festival in Nagpur. The scheme encourages households to install solar panels for clean electricity. Many officers were honored for their contributions to the scheme's implementation.

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Anti-fragility is about flexibility, not inefficiency: IOC's Sahney

During an engaging panel discussion, leaders from Akasa Air and Indian Oil Corporation exchanged valuable perspectives on fortifying resilience in their industries. They highlighted the importance of establishing adaptive strategies to weather market fluctuations. Akasa Air is championing a workforce-focused environment while ensuring operational redundancies.

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Numaligarh Refinery expansion project: 9 MMTPA capacity, Paradip pipeline by Dec 2026

Assam based Numaligarh Refinery Limited stated that Refinery Expansion Project of 6 MMTPA (million metric tonnes per annum) Refinery.

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India-US trade pact to cover energy needs: Goyal

Union Minister Piyush Goyal unveils that India-US trade agreement will cover energy requirements and would help secure crude oil at more competitive prices.

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CERC gets go-ahead to frame norms on power market coupling

The tribunal deemed IEX's petition premature as regulations are yet to be drafted. Market coupling aims to improve price discovery and efficiency by establishing a uniform price across electricity markets.

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GREW Solar raises ₹1,050 crore to expand solar cell manufacturing capacity, fuel ongoing operations

Bay Capital-led round to fund expansion, strengthen operations and push full integration across solar value chain.

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BPCL plans petrochem park near Bina Refinery in MP

The company is expanding its Bina refinery and integrating a petrochemical complex. This project will supply ethylene to downstream units via pipelines. The expansion is expected by May 2028.

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SC refuses to pass any order related to Adani Group's proposed thermal power plant in UP

A bench led by Chief Justice of India Surya Kant said no order would be passed without reviewing replies, noting the need to balance environmental concerns with development as the state may face a power deficit.

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SOLV Energy fetches $6 billion valuation in strong Nasdaq debut

This marks a strong comeback for IPOs in 2026. The company raised over $500 million from its offering. Strong equity markets and pent-up demand fueled this successful listing.

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Inox Green offers ₹600 cr for Wind World India O&M unit

Inox Green Energy has submitted a bid of ₹550-600 crore for Wind World India's green energy operation and maintenance portfolio.

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NTPC climbs 12% in three months on thermal additions, renewable growth bets

NTPC's shares have surged, outperforming the power index, as investors anticipate strong capacity additions and green energy growth. Analysts maintain a 'buy' rating, citing diversification efforts and project execution.

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Adani Power to ramp up nuclear energy production under new atomic unit

This move follows the recent passage of the SHANTI Bill, allowing private sector participation in India's nuclear energy sector. The company plans to replace its entire thermal capacity with nuclear power in the coming years.

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Haryana CM directs time-bound implementation of PM-KUSUM and rooftop solar schemes

The Chief Minister also stressed expanding electric vehicle charging and promoting electric buses. Incentives for small industries and women entrepreneurs were highlighted. Conservation efforts and NRI engagement were also discussed.

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Premier Energies forms EPC joint venture with BA Prerna to expand renewable execution footprint

Premier Energies will hold a 51 per cent equity stake, while BA Prerna Renewables will own the remaining 49 per cent.


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Premier Energies forms EPC joint venture with BA Prerna to expand renewable execution footprint

Premier Energies will hold a 51 per cent equity stake, while BA Prerna Renewables will own the remaining 49 per cent.


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KPI Green Energy wins 300 MW EPC order from Adani Group for Khavda RE park

The execution of the project will be carried out in a phased manner, in line with timelines stipulated under the respective service and purchase orders.

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Actis enters race to re-acquire Sprng Energy from Shell at $2 billion valuation

Other major players like Aditya Birla Group and KKR are also in the race. Final bids are expected soon. The deal could value Sprng Energy at up to $2 billion.

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States told to finalise pacts to meet green energy purchase obligations

This initiative aims to help states meet their renewable purchase obligations. Around 43.9 GW of capacity awaits these agreements for quick implementation.

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Global wind and utility-scale solar pipeline hits record 4.9 TW in 2025: GEM report

As per the report, China dominated the global construction pipeline, hosting around 448 GW of wind and utility-scale solar projects currently under construction.

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CleanMax Enviro attracts Temasek, Bain in ₹1,500 cr pre-IPO round

CleanMax Enviro Energy Solutions has secured ₹1,500 crore in a pre-IPO funding round, Temasek Holdings and Bain Capital led the investment. The funding highlights strong investor interest in India's renewable energy sector.

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Radiance Renewables secures $100 mn funding for India's green energy expansion

Radiance Renewables secured $100 million in funding. This investment will fuel expansion into solar, wind-solar, and behind-the-meter projects. The company plans to grow its renewable energy portfolio beyond 2 GWp. Battery storage and transmission projects are also on the horizon.

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Over 600 tribal homes in Prakasam get solar power under Andhra govt initiative

Andhra Pradesh Energy Minister Gottipati Ravi Kumar launched an off-grid solar project in the Nallamalla Forest. This initiative provides electricity to over 600 tribal households. The project cost ₹3 crore. Each family received a fan, LED lights, and mobile charging.

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US India Trade Deal: 'Buying oil from the US is in India's own strategic interests', says Piyush Goyal

Union Minister Piyush Goyal stated this move is in India's strategic interest. Commercial buyers and companies make these purchasing decisions. Trade deals focus on ensuring smooth trade pathways and preferential access. This ensures India has an advantage over competitors.

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India's Russian oil buy to dwindle, some irreplaceable imports to continue for now

India is reportedly scaling back crude oil purchases from Russia following a trade agreement with the United States, which saw the rescinding of a 25% duty on Indian imports. While some refiners have already stopped buying Russian oil, others will wind down existing commitments, with Nayara Energy being a notable exception due to existing sanctions.

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Tesla accelerates solar cell manufacturing push across US

Tesla is moving forward with Elon Musk's ambitious solar energy plans. The company is exploring multiple locations across the United States for manufacturing solar cells. Production at its Buffalo, New York, factory is set to expand.

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ACME Solar wins 301 MW FDRE project from SECI

Project entails 1,204 MWh daily supply during non-solar hours using solar-plus-storage.

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SJVN begins power supply from 70 MW Dhubri solar project in Assam

This project, executed by SJVN Green Energy Limited, was developed on 330 acres at a cost of ₹367.44 crore. The plant is set to generate 141.13 million units in its first year. Power will be supplied to Assam Power Distribution Company Limited at ₹3.

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India’s ACC battery demand seen surging to 700 GWh by mid-2040s: Report

IESA has outlined two demand scenarios — a Business-as-Usual case and a Viksit Bharat Pathway — under which total battery demand could reach between 1.3 terawatt-hours (TWh) and 1.9 TWh by 2047.

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US India trade deal: Solar equipment makers recharge exports portfolio after tariff cut

Indian solar equipment exports to the US are set for a significant boost. Tariffs are falling, making Indian solar modules and cells more competitive. Companies are now planning to export higher-value items like battery storage systems and inverters. This move is expected to drive capacity expansion and create new opportunities in the growing US market.

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India-US trade deal to boost renewable exports, strengthen supply chains, say RE players

The improved tariff environment will boost export competitiveness for Indian businesses. This move is seen as significant for the solar sector, enhancing price competitiveness and market access to the US.

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India free to source oil from anywhere, diversification nothing new: Kremlin

Energy analyst Igor Yushkov of the National Energy Security Fund said Indian refiners cannot fully replace Russian crude with US supplies.

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NHPC Q3 profit dips 3 pc to over ₹320 cr

Total income fell to ₹2,492.83 crore, while expenses surged. The company's board approved an interim dividend and the cancellation of an MoU with GEDCOL for solar projects.

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Tata Power awaits regulatory clarity on nuclear plans; exploring land options in three states

Company evaluates SMR options and site feasibility even as regulatory framework for private nuclear projects evolves.

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Siemens Energy CEO: Wind spin-off idea valid, but turnaround comes first

However, he stresses the unit must first be stabilised and made profitable. Bruch believes offshore wind could see a turnaround similar to the grid business.

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NGEL, Assago sign MoU to develop India’s first large-scale Green Urea ecosystem at Pudimadaka hub

NGEL to supply green ammonia, CO₂ and renewable power; partnership targets import substitution and low-carbon fertiliser production.

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India-US trade deal: Lower tariffs may boost solar exports, offer refiners greater supply flexibility

Industry experts say tariff relief could enhance India’s solar exports and provide refiners more flexibility.

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Budget 2026 energy allocations tilt towards coal, power and renewables

Budget outlays show a 641% surge for coal, 39% rise for power and 30% growth for renewables, with petroleum up only 2%.

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India-US trade deal announced: US to cut tariffs on Indian goods from 25% to 18%, claims India will stop buying Russian oil

India also agreed to stop buying Russian oil. It will increase purchases from the United States and potentially Venezuela. This agreement aims to foster better trade relations between the two nations.

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Budget 2026 strengthens energy security roadmap with CCUS, nuclear and clean tech incentives

Customs duty concessions, long-term tax clarity and a ₹20,000 crore CCUS programme boost investor confidence across energy, infrastructure and digital sectors.

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Budget 2026: Solar manufacturing and carbon capture measures key to strengthening grid stability, says industry

With designated funding for carbon capture and solar technology, the government aims to empower industries while ensuring a secure energy future.

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Budget boost: Excise relief on biogas-blended CNG to aid gas retailers

While the national average biogas blend is low, some regions may see higher impacts. The budget also allocated funds for Ujjwala connections but deferred a diesel duty increase.

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Union Budget aims to accelerate grid scale energy storage; enables seamless green energy integration, says Pralhad Joshi

Customs duty exemptions on key manufacturing components will strengthen domestic production. A new scheme for Carbon Capture Utilization and Storage is also announced. These measures aim for a self-reliant and sustainable energy future for India.

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Making sustainability bankable: 2026 budget priority

​​Bridging the policy and implementation gap needs to be prioritised to build confidence among private capital and development finance institutions so that India can march towards its sustainability goals

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Adani Green clarifies company not party to US SEC civil case against Gautam, Sagar Adani

The company stressed that it is not a party to the proceedings. No charges have been brought against Adani Green Energy Limited itself. The case pertains only to directors Gautam Adani and Sagar Adani in their personal capacity.

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New viability gap funding in the works for energy storage

Designed to fortify grid stability and promote the swift integration of renewable resources, this plan encompasses both pumped storage projects and advanced battery systems.

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NHPC to begin commercial operation of 250 MW unit at Subansiri hydro project on Sunday

This significant milestone marks another step forward for India's largest hydroelectric undertaking, a run-of-river project costing approximately ₹27,000 crore and situated on the Arunachal Pradesh-Assam border.

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740 households in Tripura earn by selling solar power to grid

Tripura residents are now earning money by selling excess solar power generated on their rooftops back to the grid. These households have received over ₹2.6 lakh for the power they supplied.

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IEW 2026: India’s RE push must shift from capacity addition to grid, manufacturing focus, says Santosh Kumar Sarangi, Secy, MNRE

Sarangi says next phase of clean energy growth hinges on integration, technology and domestic supply chains.

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German auto supplier ZF could spin off wind power division, says CEO

Miedreich told the paper that he thinks ZF, founded in 1915, is adapting well as electronics take on a greater role in automotive production.

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Inox Clean Energy raises ₹3,400 crore from NaBFID to refinance Vibrant Energy debt

This loan, priced between 8-8.50%, will be secured by seven solar, wind, and hybrid projects with long-term PPAs. The move aims to retire expensive debt and reduce the company's equity component.

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Solex Energy lines up $1.5 billion integrated solar manufacturing push over five years

The company plans to scale module and cell capacity to 10 GW each, while also foraying into wafer and ingot manufacturing.

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IEW 2026: Natural gas emerges as bridge fuel and long-term pillar in energy transition, says industry

Industry leaders cite affordability, energy security, and infrastructure readiness as gas moves beyond a transition fuel.

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Suzlon seals 248.5 MW wind order from ArcelorMittal

Under the order, Suzlon will supply 79 S144 wind turbine generators, each with a rated capacity of 3.15 MW

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Rajasthan to get 500 MW solar power from ₹5,400 crore SJVN project

The remaining 500MW goes to Jammu & Kashmir and Himachal Pradesh. More solar plants dedicated to Rajasthan are planned. This shift aims to meet local energy demand and benefit state consumers.

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India to drive up to 35% of global energy demand growth over next two decades: Puri at India Energy Week 2026

The oil minister underscored India’s expanding influence in global energy markets amid rising demand from emerging economies.

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Mines ministry proposes partial lease execution to speed up production from auctioned blocks

A new online portal will streamline the auction and lease execution process. This aims to boost mineral production and attract more investment in the sector.

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European nations reinforce wind power commitment with 100 GW pledge

The initiative involves large-scale joint projects across the North Sea. This move signals a commitment to green energy and a departure from fossil fuels. It is expected to create jobs and boost economic activity.

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Premier Energies commissions 400 MW solar cell facility in Telangana

The company aims to more than double its solar cell and module manufacturing capacities by 2028. This move will cater to domestic demand and reduce import dependence. Premier Energies is also looking to enter ingot and wafer production.

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