Commercial LPG cylinder price hiked by ₹42 in Delhi with effect from June 1

The government assures adequate fuel stocks and is strengthening energy security. Refineries operate at optimum levels, and domestic LPG production is at record highs. Enforcement agencies are inspecting fuel sales to prevent hoarding.

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Avaada Group plans to add 5GW renewable projects in FY27: Chairman Vineet Mittal

The company is also developing a "super factory" in Nagpur to manufacture the entire value chain for solar components, significantly reducing import dependence.

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NLC India, Reliance Industries to jointly explore developing underground lignite gasification project in Gujarat

This collaboration aims to boost domestic gas supplies amid global fuel shortages. The project will assess converting lignite reserves into synthesis gas.

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Tata Power targets 3 lakh rooftop solar installations in Uttar Pradesh

Plans 1,000 MW rooftop capacity in three years, eyes higher market share through financing and battery storage solutions

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Power storage VGF of ₹15,000 crore in works

This initiative involves an outlay of around ₹15,000 crore. The plan includes battery storage, pumped storage, and new technology systems. This move aims to enhance energy security and grid stability across the nation.

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Tata Power solar rooftop launches campaign to accelerate solar energy adoption in UP

The company plans to install three lakh rooftop solar systems in the next three years. This will provide households with round-the-clock clean energy supply. The campaign combines battery storage with easy financing options.

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Uttarakhand CM Dhami unveils Solar Awareness booklet; calls it step towards green future

On the occasion, the Chief Minister said that this initiative is not merely the release of a souvenir booklet, but a symbol of the collective commitment towards building a bright, self-reliant, and green future for Uttarakhand.

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Avaada seeks $800 million to refinance Brookfield Asset Management debt

The funds will come from offshore loans and local bonds. This refinancing will replace part of the debt from Brookfield Asset Management. Avaada is expanding its renewable energy and manufacturing businesses.

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Sunkind plans to enter solar module manufacturing; signs ₹1,500-cr cell-procurement pact

Commercial production is set to begin next month. To support this new vertical, Sunkind India has placed a significant order for domestic solar cells. This move aligns with government mandates supporting the local industry.

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India crude processing falls 8.9% in April; Middle East supply shifts weigh on refiners

Refiners shifted sourcing to Latin America and Africa as conflict impacted Strait of Hormuz flows. Major refiners like Reliance and Nayara saw significant processing volume declines.

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India's KPI Green plans up to $1 billion renewable energy investment trust, executive says

This move aims to broaden its capital base by pooling 1.5-2 GW of operational renewable energy assets.

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ADNOC LNG tanker heads to India as gas shipments resume through Strait of Hormuz

A tanker from Abu Dhabi National Oil Co. has left the Strait of Hormuz. This signals a rise in energy shipments through the crucial route.

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Saatvik Green Energy bags ₹171-cr solar modules supply order

These modules utilize the latest TOPCon Bifacial Glass-Glass technology. This technology generates power from both sides of the panel. It promises increased energy output.

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Adani Green commissions 3.37 GWh battery storage project at Khavda

The utility-scale BESS, among the fastest executed globally, can power nearly one million homes for a day and anchors AGEL’s larger storage expansion plans.

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Discoms told to commission rooftop solar units by May 31

Delays in certification could make projects non-compliant. The Ministry of New and Renewable Energy issued this advisory to avoid issues for project owners. This move supports domestic solar module manufacturing.

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JSW Steel Ltd, Bharatia, Carbon Iceland sign MoU for green methanol project in India

JSW Steel will provide industrial infrastructure, Bharatia will support project execution and financing, while Carbon Iceland International will lead work related to carbon capture integration and e-fuels development

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Delayed solar projects may get limited relief ahead of June 1 sourcing deadline

This may include extensions for projects impacted by transmission network issues. However, a broad deferment of mandatory local sourcing rules for photovoltaic cells, effective June 1, is not anticipated.

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Delayed solar projects may get limited relief ahead of June 1 sourcing deadline

This may include extensions for projects impacted by transmission network issues. However, a broad deferment of mandatory local sourcing rules for photovoltaic cells, effective June 1, is not anticipated.

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Govt expands fuel dispenser verification to cover hydrogen, clean fuels amid energy transition

The move aims to boost verification services and support cleaner fuel adoption. Fees for these dispensers are set at ₹10,000 per nozzle. This reform frees up state departments for inspection and enforcement.

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US-Iran deal could reopen Strait of Hormuz during 60-day ceasefire extension: Report

The report stated that the US would agree to negotiate over broader sanctions relief and the unfreezing of Iranian funds during the ceasefire extension period.

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PM Modi gets invite to White House, holds talks with Marco Rubio

During the meeting, Rubio emphasised that the US will not allow Iran hold the global energy market hostage and affirmed that US energy products have the potential to diversify India’s energy supply, the US State Department said in a readout.

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LPG sales dip 13% in April as Hormuz closure chokes supplies

Overall LPG sales fell 13%, with northern India experiencing the steepest decline. This situation arose from disruptions in fuel imports.

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India blocks China's request for solar, IT dispute panel at WTO

India maintains its measures align with global trade rules. This dispute stems from China's filing last year. China can renew its request at a future meeting.

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Rajasthan and Gujarat lead renewable surge, south slows

Maharashtra is also emerging as a major solar hub. Some southern states, once frontrunners, are now experiencing slower growth. Madhya Pradesh is also becoming a key player in the renewable energy sector.

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Fujiyama to set up 1.2 GW solar cell facility in MP with ₹350 crore investment

The proposed facility, slated for commissioning in Q1 FY28, is aimed at strengthening backward integration, ensuring DCR-compliant solar cell availability, and expanding its rooftop solar market footprint.

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Venezuela third largest supplier of crude to India in May

This surge is due to Indian refiners, like Reliance Industries, buying more of Venezuela's cost-effective, heavy crude. Overall imports are up, though still below pre-Iran war levels. Supplies from Saudi Arabia have decreased.

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India's peak power demand hits record 265.4 GW amid heatwave conditions

The latest demand levels have already crossed last summer's record peak of 243 GW, and even those recorded during the evening.

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India weighs $1 billion aid for private electric buses, trucks

India is considering incentives worth more than $1 billion to encourage private operators to adopt electric buses and trucks as part of efforts to reduce fossil-fuel dependence amid rising energy security concerns.

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India weighs $1 billion aid for private electric buses, trucks

India is considering incentives worth more than $1 billion to encourage private operators to adopt electric buses and trucks as part of efforts to reduce fossil-fuel dependence amid rising energy security concerns.

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INOXGFL leads race for Vena's India biz buyout; Proposed deal may give ₹4,500-5,000 crore enterprise value

The conglomerate has recently made several strategic acquisitions, bolstering its renewable energy portfolio. This acquisition further strengthens its position in the rapidly growing market.

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ReNew Energy Q4 net declines 75%; FY26 PAT jumps twofold

Despite this quarterly dip, the company's profit after tax for the full fiscal year FY26 more than doubled to ₹1,038.5 crore, driven by substantial revenue growth. ReNew Energy Global anticipates completing 1.6 to 2.4 GW of construction by March 31, 2027.

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India lost 300 GWh of renewable energy due to transmission constraints in Q1 2026: Ember

The report highlighted that the key issue is the widening mismatch between renewable energy capacity additions and the readiness of transmission infrastructure.

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Pace Digitek bags ₹709.9 crore BESS EPC and O&M contract from NLC India Renewables

The company said the order marks its second BESS project win in FY2027, following strong momentum in FY2026.

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Tata Power, Bhutan’s DGPC sign pact to build workforce for 5,000 MW clean energy push

The collaboration will train workers for construction, operations and maintenance of the companies’ planned 5,000 MW clean energy portfolio in Bhutan.

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NTPC chief cautions against dependence on single supplier for nuclear technology

He stresses prioritising domestic control, even if initial costs are higher. Clear rules and guidelines are essential for converting policy into investment.

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India must push solar, grid reforms to navigate oil price rise: Ex-NITI Aayog member Arvind Virmani

suggested navigating this crisis by adopting a two-pronged strategy by implementing a gradual pass-through of rising oil and gas prices in the immediate term, while aggressively accelerating long-term structural reforms across its solar, storage, and distribution networks.

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India, Netherlands elevate ties to strategic partnership; semicon, defence among focus areas in 5-year roadmap

The framework covers semiconductors, renewable energy, defence, maritime connectivity, critical minerals and mobility cooperation over the next five years.

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IGL hikes CNG price again; rate in Delhi crosses ₹80-mark

With the latest revision, CNG in Delhi will now cost ₹80.09 per kg, while consumers in Noida and Ghaziabad will pay ₹88.70 per kg.

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Bidding deadline for oil, gas blocks extended to June 19

The eleventh round under the Open Acreage Licensing Policy also sees an extended submission date. Both now close on June 19. This move aims to draw in foreign investors. Concerns over policy stability and resource prospects have previously deterred investment.

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Gautam, Sagar Adani Agree to Pay $18 m to Settle with SEC

This proposed settlement, alongside potential dismissal of Justice Department fraud charges, signals an end to legal threats, enabling the Adani Group to ramp up investment and capital raising.

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Fujiyama commissions 2,000 MW solar panel manufacturing facility at Ratlam

The plant will initially operate at an annualised capacity of around 1,000 MW under single-shift operations, with a phased ramp-up to double-shift operations to achieve full capacity utilisation by Q4FY27.

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OMC stocks slide up to 3% despite ₹3/litre fuel price hike amid Hormuz crisis

The fuel price hike is expected to provide partial relief to OMCs, which have been under financial strain due to elevated crude oil prices caused by disruptions linked to the ongoing Iran conflict.

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PM Modi likely to seek more energy supplies from UAE during short visit, sources say

The visit, part of a five-nation tour, aims to secure supplies disrupted by global conflicts. Modi will meet UAE President Sheikh Mohamed bin Zayed Al Nahyan to explore energy cooperation and other bilateral issues.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/dYOpk7C

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.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/auEc2yN

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

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/jNb54lh