MoPNG sets April gas price at $7.26/mmBtu; deepwater cap till Sept $10.04

The ministry of petroleum and natural gas has notified the price of domestic natural gas for the period from April 1 to April 30, 2025, as $7.26 per million British thermal units (mmBtu) on a Gross Calorific Value (GCV) basis.

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IGL board clears ₹2,066 crore solar project in Rajasthan through JV with RVUNL

The project will be implemented through a joint venture with state-run Rajasthan Vidyut Utpadan Nigam Limited (RVUNL).

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Iron ore output hits 263 MMT in April–Feb FY25, registers 4.4% growth

Iron ore continues to dominate the mining sector, accounting for 70% of the total Mineral Conservation and Development Rules (MCDR) mineral production by value. In the entire FY 2023–24, iron ore production was recorded at 274 MMT.

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Global nickel dominance by Indonesia, China raises supply, pricing concerns for India’s green push

Global concentration of nickel production and refining in Indonesia and China is raising concerns over supply security and pricing for India’s clean energy transition, as the country works towards meeting its net-zero commitments.

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GoM flags rising DISCOM debt, calls for cost-reflective tariffs and AI-led reforms

The third meeting of the Group of Ministers (GoM) on electricity distribution, chaired by Union Minister of State for Power and New & Renewable Energy Shripad Yesso Naik, flagged growing financial stress in state-run distribution companies (DISCOMs) and called for urgent adoption of cost-reflective tariffs, AI-based reforms and financial restructuring to improve viability.

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India's solar PV module manufacturing capacity to reach 125 GW by 2030, says Pralhad Joshi

Solar cell manufacturing capacity will also increase from 25 GW to 40 GW soon. India aims to achieve 500 GW of renewable energy capacity by 2030.

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India's solar PV module manufacturing capacity to reach 125 GW by 2030, says Pralhad Joshi

Solar cell manufacturing capacity will also increase from 25 GW to 40 GW soon. India aims to achieve 500 GW of renewable energy capacity by 2030.

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Hydropower generation rises 10% amid demand surge; thermal steps in to balance grid

Hydropower generation reached 1,39,780 million units (MUs) during the period, up from 1,27,038 MUs in the corresponding months last year.

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Trump administration cancels clean energy grants as it prioritises fossil fuels

President Donald Trump's administration is terminating grants for two clean energy projects and roughly 300 others funded by the Department of Energy are in jeopardy as the president prioritises fossil fuels.

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IREDA reappoints Shabdsharan Brahmbhatt and Jaganath Jodidhar as Independent Directors for one year

According to the ministry of new & renewable energy, the appointments were conveyed on behalf of the President of India and will be effective from March 28, 2025, or until further orders, whichever is earlier.

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IREDA reappoints Shabdsharan Brahmbhatt and Jaganath Jodidhar as Independent Directors for one year

According to the ministry of new & renewable energy, the appointments were conveyed on behalf of the President of India and will be effective from March 28, 2025, or until further orders, whichever is earlier.

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bp announces exit from Austria retail fuel market, sale to complete by end-2025

bp on Thursday announced plans to sell its mobility and convenience business in Austria, including more than 260 retail sites, its Austrian fleet operations, electric vehicle charging assets, and its stake in the Linz fuel terminal joint venture.

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Vedanta Aluminium commissions 13.4-km railway line at Lanjigarh, to support 5 MTPA refinery operations

The railway line has been commissioned in alignment with the upcoming 5 million tonnes per annum (MTPA) alumina refinery at the Lanjigarh site. Vedanta Aluminium stated that the new railway line is intended to ensure seamless inbound and outbound movement of raw materials and commodities while reducing carbon dioxide emissions by 262 tonnes annually.

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IRM Energy signs 5-year RLNG supply deal with Shell for 1.23 crore MMBtu

IRM Energy on Wednesday said it has signed a five-year agreement with Shell Energy India for the supply of 1.23 crore MMBtu of Re-gasified Liquefied Natural Gas (RLNG), equivalent to approximately 326.84 million standard cubic metres (mmscm) at 9500 K/cal Gross Calorific Value (GCV).

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India’s used oil recycling sector faces structural gaps; report recommends phased targets, regulatory reforms

The report, titled ‘Advancing India’s Self-Reliance: Enhancing Circularity in Used Oil Management’, was launched during the ‘Global Symposium on Resource Efficiency & Circular Economy’ organised by RECEIC in association with FICCI and the Ministry of Environment, Forest and Climate Change (MoEF&CC).

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Delhi records AQI of 206; GRAP Stage-I measures enforced across NCR

Following this, the Sub-Committee under the Commission for Air Quality Management in NCR and Adjoining Areas (CAQM) convened a meeting to review the situation and implement response measures.

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Solar panels very helpful in irrigating fields: Rajkot farmer shares 'life-changing' story

Ashok Makwana, a farmer of Khambhala village in Paddhari taluka of the city, faced immense hardships in irrigating his fields due to erratic power supply, but a very welcome change has happened in his life, thanks to solar panels.

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India’s solar glass anti-dumping duty to raise module prices by 3-5%

Policy measure to bring relief to domestic players who have suffered from cash flow challenges and reduced returns on capital due to dumped imports, say experts

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Borosil Renewables set to invest Rs 900 cr to boost solar glass mfg capacity to 10 GW by 2026

“We are now increasing our capacity in India by another 3.5 GW. We will reach about 10 GW of solar glass production in India by July CY26. The project is running and in the next 15 months we will be in production of the extra capacity of 3.5 GW,” Kheruka said in an exclusive interaction.

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Masdar eyes stake in TotalEnergies' Portuguese renewable assets

This move aligns with Masdar's goal to achieve 100 gigawatts of renewable energy by 2030, expanding its European presence further through strategic acquisitions and partnerships.

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Chennai mayor hints at rethink on Rs 3,500 crore waste-to-energy plant

Following councillor opposition and public petitions, the corporation will hold a review meeting before deciding the project's fate.

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India's solar sector grows stronger with 60 GW domestic manufacturing: Rubix Data Sciences

India's solar capacity, over the past decade, has grown at an impressive 38 per cent compound annual growth rate (CAGR), now accounting for over 60 per cent of the country's total renewable energy portfolio, the Rubix Data Sciences said in a report.

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India's solar sector grows stronger with 60 GW domestic manufacturing: Rubix Data Sciences

India's solar capacity, over the past decade, has grown at an impressive 38 per cent compound annual growth rate (CAGR), now accounting for over 60 per cent of the country's total renewable energy portfolio, the Rubix Data Sciences said in a report.

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Parminder Chopra takes additional charge as CMD of REC Ltd

The government has assigned additional charge of Chairman and Managing Director (CMD) of REC Ltd. to Smt. Parminder Chopra, who currently holds the position of CMD at Power Finance Corporation Ltd. (PFC), according to an official order issued by the ministry of power.

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Regulatory, financial hurdles impact India’s clean energy transition: Report

The study, titled ‘The Intersection of Power Sector Regulation & Sustainability Goals in India’, outlines the critical reforms needed to ensure a stable investment climate and policy certainty for renewable energy expansion.

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Chartered Speed to operate over 900 electric buses under Pradhan Mantri e-Bus Sewa scheme

The initiative aims to serve over 2.9 lakh passengers daily and create employment opportunities for more than 2,000 people.

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ISTS green open access growth at risk as transmission waiver deadline nears

The waivers, which currently allow C&I consumers to procure renewable energy from states with surplus generation at lower costs, will begin reducing from July 2025 and will be fully removed by June 2028, according to an analysis by JMK Research.

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ISTS green open access growth at risk as transmission waiver deadline nears

The waivers, which currently allow C&I consumers to procure renewable energy from states with surplus generation at lower costs, will begin reducing from July 2025 and will be fully removed by June 2028, according to an analysis by JMK Research.

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BCCL monetizes Dugda coal washery in Jharkhand

The initiative, undertaken under the guidance of the Ministry of Coal, marks the first-ever monetization of a coal washery in India.

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India’s petroleum product imports drop 17.5% in February, crude oil imports up 4.7%: PPAC

The increase in POL imports during the April-February 2024-25 period was 5.6%, driven primarily by higher imports of petcoke and liquefied petroleum gas (LPG).

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India’s electricity demand to touch 273 GW in 2025 – Can the grid handle the surge?

The study, prepared under the Electricity (Amendment) Rules, 2023, assesses the adequacy of generation resources to meet energy requirements throughout the year and highlights key challenges in ensuring grid stability.

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Brent crude oil prices projected to average $73 per barrel in 2025: Wood Mackenzie

The projection has been revised downward by $0.40 per barrel from the early February report, primarily influenced by OPEC+ production plans and U.S. tariff policies.

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As mercury soars, Delhi’s power demand set to hit new highs

With rising temperatures expected to push energy consumption to record levels, the power utility has arranged up to 2,850 MW to ensure uninterrupted supply.

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Maharashtra govt collaborates with IIT Bombay for solar cell efficiency with Perovskite tech

A 30% efficient perovskite-silicon tandem solar cell, developed by IIT Bombay, could revolutionise solar energy, with plans for a 300-MW pilot plant in Maharashtra.

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Adani investors should push for bond buybacks: Analysts

The new facility is reportedly borrowed at a weighted life of 19 years, and now carries a funding cost of 9.2%. The loan it refinanced was taken in 2021 to develop wind-solar hybrid projects.

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IIT Kanpur, Mars Antennas Ink MoU to develop smart EV chargers, hybrid inverters

The partnership aims to drive research and industrial collaboration in energy-efficient solutions for India’s growing EV and energy storage sectors.

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MERC gives approval for MSEDCL to procure over 7000 MW solar energy for farm lands

The Maharashtra Electricity Regulatory Commission (MERC) has accorded its approval for MSEDCL to procure over 7000 MW electricity on long term basis at low tariff of Rs 2.82 to Rs 3.10 per unit from solar generators.

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Developing 100 GW of nuclear energy by 2047 will require nearly Rs 15 lakh crore investment

Recent government announcements to amend nuclear energy and liability Acts aim to attract private capital amid huge financing needs for net-zero targets

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Wind-powered mast to cut emissions sets sail to Canada

A pioneering rigid shipping mast has set off on its first journey, harnessing the wind to propel a cargo ship from England to Canada and using less fuel to help reduce emissions. It harnesses the wind that hits its surface to propel the ship.

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Adani Green Energy committed to achieving net water positivity by FY2025-26

Adani Green Energy, India's largest renewable energy firm, on Sunday said it is committed to achieving net water positivity by FY2025-26, reducing its freshwater consumption across all operations.

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DVC's Rs 1,500 crore push to modernise power supply

Damodar Valley Corporation (DVC) unveiled a Rs 1,500 crore project to modernise power supply within its command area, primarily serving industries in West Bengal and Jharkhand.

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All municipal corpns in UP to develop solar cities: Chief Minister Yogi Adityanath

Chief Minister Yogi Adityanath announced all municipal corporations in UP would develop solar cities to minimise carbon emissions and promote conservation of environment.

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Terabase Energy secures $130 million to expand solar technology deployment

​The funding round, the largest in the company's history, brings Terabase Energy's total funding to $200 million. The company did not disclose the valuation at which the amount was raised.

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Renewables company Jakson Green lines up $1 billion for expansion

Jakson Green plans to invest up to $1 billion in its renewable energy portfolio over the next four years. The company aims to build a 5 gigawatt portfolio across solar, wind, batteries, and FDRE spaces, starting from FY27.

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Renewables company Jakson Green lines up $1 billion for expansion

Jakson Green plans to invest up to $1 billion in its renewable energy portfolio over the next four years. The company aims to build a 5 gigawatt portfolio across solar, wind, batteries, and FDRE spaces, starting from FY27.

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Govt launches initiatives to promote R&D in steel sector

The initiatives aim to increase steel production capacity to 300 MT by 2030 in the country.

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Govt launches initiatives to promote R&D in steel sector

The initiatives aim to increase steel production capacity to 300 MT by 2030 in the country.

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NTPC commissions 50MW MP solar project, group capacity reaches 77,461 MW

NTPC has commissioned the final 50 MW unit of the Shajapur solar project in Madhya Pradesh, raising its total installed capacity to 77,461.50 MW. The first 55 MW unit had already been operational since November 29, 2024.

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"Historic Day" Hardeep Singh Puri lauds clearing of Oilfields (Regulation and Development) Amendment Bill 2024 in LS

The Bill is set to amend the Oilfields (Regulation and Development) Act, 1948 which regulates the exploration and extraction of natural gas and petroleum.

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Adani Green shares in focus after 250 MW solar project goes live

AGEL recently posted a sharp 85% rise in consolidated net profit for the December quarter, reaching Rs 474 crore, compared to Rs 256 crore in the same period last year.

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NDMC aims for solar panels on every rooftop by 2026

The New Delhi Municipal Council is working towards 100% solar energy adoption by 2026, providing subsidies and installing solar panels on rooftops. Major initiatives include night sweeping, rainwater harvesting, anti-encroachment drives, and extensive CCTV coverage, aimed at enhancing civic infrastructure and sustainability.

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NBFCs seek FAME, PLI-like scheme to incentivise EV finance

The Finance Industry Development Council has requested a scheme to incentivise electric vehicle financing, pointing out that EV financing is a major bottleneck. The council proposed a dedicated fund for non-bank financial companies to finance EV loans with subsidised interest rates and called for initiatives similar to the FAME and PLI schemes.

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Israel promotes renewable energy at sea to boost energy security

Israel’s Energy Ministry issues a tender for a strategic environmental survey to explore renewable energy technologies like wave, wind, and solar power in its maritime space.

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Sunsure Energy in talks to raise Rs 5,000 cr in debt for renewable expansion plans

Sunsure Energy, backed by Partners Group, seeks ₹5,000 crore in debt funding this year for renewable energy expansion. The company plans to add 2.5 GW of capacity by 2027, with a total investment of ₹9,000-10,000 crore. Sunsure aims to raise about Rs 10,000 crore in debt within the next two years and has already secured ₹1,000 crore.

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Sunsure Energy in talks to raise Rs 5,000 cr in debt for renewable expansion plans

Sunsure Energy, backed by Partners Group, seeks ₹5,000 crore in debt funding this year for renewable energy expansion. The company plans to add 2.5 GW of capacity by 2027, with a total investment of ₹9,000-10,000 crore. Sunsure aims to raise about Rs 10,000 crore in debt within the next two years and has already secured ₹1,000 crore.

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Pending PPAs result of excess RE bids, low discom demand: Stakeholders tell govt

It was informed in the meeting that the PPA pendency was due to availability of a large number of renewable energy (RE) bids as compared to demand from the discoms

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India's per capita CO2 emissions among lowest in world as green energy capacity surges

India, which has emerged as the world's 5th largest economy, also stands out as a country with one of the lowest per capita carbon dioxide (CO2) emissions globally as it balances growth with sustainability and switches to renewables at a rapid pace.

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Solar manufacturers demand duty protection from imported ingot, wafer

The Indian Solar Manufacturers Association calls for a safeguard duty on polysilicon, ingot, and wafer imports to protect local solar manufacturing.

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Pending PPAs result of excess RE bids, low discom demand: Stakeholders tell govt

It was informed in the meeting that the PPA pendency was due to availability of a large number of renewable energy (RE) bids as compared to demand from the discoms

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Solar capacity additions to accelerate with 85-90 GW projected for FY26-27: Report

Solar capacity additions in the country will accelerate in the Financial Year (FY) 2026 and FY27, with 85-90 GW of new solar capacity expected to be added during these two years combined, according to a report by SBI Caps.

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Tripura: Govt strengthening Panchayats for sustainable development, says CM Manik Saha

"The state government has given special importance to strengthening the Panchayat system. The present government is working with the aim of taking every Panchayat in the state forward successfully in the coming days. The government is committed to strengthening the infrastructure of the Panchayati Raj system, as well as advancing good governance and development," said the Chief Minister.

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Oil ministry to pursue $2.81 billion demand from Reliance Industries, partners till end: Hardeep Singh Puri

Petroleum and Natural Gas Minister Hardeep Singh Puri stated that the ministry will persist in demanding USD 2.81 billion from Reliance Industries following the Delhi High Court's decision on the gas migration issue. Reliance Industries plans to challenge the verdict in the Supreme Court.

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JSW Energy completes KSK Mahanadi buyout ahead of May deadline

JSW Energy has successfully completed the acquisition of the 1800 MW KSK Mahanadi thermal power company by paying Rs 16,084 crore to creditors ahead of the deadline. This acquisition is part of a broader strategy, marking JSW's third significant power sector acquisition.

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US exits Just Energy Transition Partnerships, impacting South Africa and Indonesia

The withdrawal halts grant-funded projects and complicates coal phase-out plans, though other international partners remain committed to the initiative.

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Grid firm TenneT open to German state involvement with $216 bn spending plan

Despite stalled talks, TenneT welcomes German state involvement in financing its expansion plans, while exploring private investor stakes or an IPO for its German operations.

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Greenko promoters in talks with global lenders for $850-million loan

Deutsche Bank (DB) and Barclays are syndicating the fundraising at a likely 12-13%, and they could also tap Keppel Credit, Elham Credit Partners, and Broadpeak Capital for participation.

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Bengaluru start-up deploys low-cost thermal energy storage for industrial use

Voltanova’s solution, offering 95% efficiency and 24/7 renewable energy, targets energy-intensive sectors to reduce reliance on fossil fuels and cut emissions.

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Nuclear power road map towards 100 GW goal likely by month end

India is set to finalize a road map under the Nuclear Energy Mission to achieve 100 GW of nuclear power by March end. An inter-ministerial committee will outline steps to support this goal, including the development of small modular reactors (SMRs) and joint ventures. The initiative aims to address rising power demand and achieve 'net zero' by 2070.

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Suzlon bags 204.75MW wind energy order from Jindal Renewables

Renewable energy solutions provider Suzlon on Tuesday said it has bagged a 204.75 MW wind energy order from Jindal Renewables. The new order was bagged from Jindal Green Wind 1 Pvt Ltd, a subsidiary of Jindal Renewables.

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Oil Ministry seeks $2.8 billion from RIL and partners afresh

Reliance Industries and its partners have been directed by the oil ministry to pay $2.81 billion following a Delhi High Court ruling in a gas dispute. Reliance plans to challenge the judgement, arguing that the demand is unsustainable and expects no liability.

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Odisha CM reviews energy dept, focuses on summer power supply and solar scheme

Mohan Charan Majhi directs officials to upgrade infrastructure, ensure 85% budget utilisation, and promote PM Surya Ghar Yojana for sustainable energy.

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Adani Green refinances $1 billion loan for hybrid project in Rajasthan

India's Power Finance Corporation refinanced a $1.06 billion construction-linked loan for Adani Green, marking its largest deal in renewables. The lender offerd a 19-year fixed rate loan amid Adani's offshore fundraising issues due to a US Department of Justice probe, while reinforcing its green investment commitment.

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Naveen Jindal Group set to acquire Bhadreshwar Vidyut as lenders approve Rs 500 cr bid

The Committee of Creditors (CoC) of Bhadreshwar Vidyut, which is currently going through an insolvency resolution process, has voted in favour of the resolution plan by Jindal Power Limited (JPL), a Naveen Jindal Group company, according to industry sources.

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NLC India shares in focus after securing 200 MW wind power project from SJVN

NLC India secures a contract to develop and operate a 200 MW wind power project awarded by SJVN, aiming to generate 526 million units of clean energy annually. This project supports India's goal of 500 GW non-fossil fuel capacity by 2030, aligning with the National Green Energy Policy.

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Green hydrogen, AI, and storage: The missing links in India’s clean energy puzzle

This shift has enabled renewable energy sources to meet nearly 25% of India's electricity demand. However, coal continues to dominate the energy mix, supplying approximately 55% of the nation's power.

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Green hydrogen, AI, and storage: The missing links in India’s clean energy puzzle

This shift has enabled renewable energy sources to meet nearly 25% of India's electricity demand. However, coal continues to dominate the energy mix, supplying approximately 55% of the nation's power.

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Ohmium in talks for India collab; looks to set up more projects in southern states

The companu currently has both refinery and ammonia plant projects in the works in India

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