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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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

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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.

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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.

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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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Greenko Energy raises ₹4,800 crore from NaBFID

The long-term loan, provided to 38 SPVs with 1 GW renewable capacity, will help redeem US dollar bonds issued in 2021. This funding aims to address upcoming bond maturities and support the company's extensive renewable energy portfolio.

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India’s energy sweet spot meets a reform reality check as India Energy Week opens

Oil prices remain low despite global geopolitical tensions, creating a rare window for difficult but necessary energy reforms.

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Nalco eyes 200-300 MW green power capacity backed by battery storage for low-carbon aluminium

This move aims to ensure reliable supply and significantly reduce carbon emissions. Nalco currently uses coal-based power plants for its operations. The company is also expanding its alumina refinery and developing bauxite mines.

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Nalco eyes 200-300 MW green power capacity backed by battery storage for low-carbon aluminium

This move aims to ensure reliable supply and significantly reduce carbon emissions. Nalco currently uses coal-based power plants for its operations. The company is also expanding its alumina refinery and developing bauxite mines.

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Maharashtra to set up floating solar projects on dams in Krishna and Godavari basins

Speaking at a seminar in Pune, Vikhe Patil highlighted the multiple advantages of establishing floating solar plants on reservoirs across Maharashtra.

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India is electrifying faster than China using cheap green tech

Global trade tensions and a growing realization of the energy future's importance are prompting countries like India to boost their own electrotechnology manufacturing.

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PTC India says power ministry seeks leadership changes, NTPC as sole promoter

NTPC is to become the sole promoter. Other promoters like PFC, POWERGRID, and NHPC will withdraw their nominee directors. The role of PTC India's CMD will be split. NTPC's CMD will be the Non-Executive Chairman.

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ReNew gets $600 million via bond issue in GIFT City

The funds will primarily be used to repay existing debt, significantly reducing the company's interest costs. This issuance saw strong global investor demand, allowing ReNew to secure the funds at a lower rate than initially guided.

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Indian Oil officers push back against plan to shrink company board

These roles are vital for operational safety, innovation, and strategic growth. The association emphasizes the importance of dedicated directors for pipelines, R&D, and planning.

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Indian Oil lines up ₹1 lakh crore for 18 GW green energy bet

Indian Oil Corporation is set to invest approximately one lakh crore rupees. The company aims to acquire and build 18 gigawatts of green energy capacity by the year 2030. Its renewable energy subsidiary, Terra Clean Ltd, is slated for a public listing by 2027-28.

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Indian Oil lines up ₹1 lakh crore for 18 GW green energy bet

Indian Oil Corporation is set to invest approximately one lakh crore rupees. The company aims to acquire and build 18 gigawatts of green energy capacity by the year 2030. Its renewable energy subsidiary, Terra Clean Ltd, is slated for a public listing by 2027-28.

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Karnataka pitches renewable energy capabilities to ReNew at Davos

Discussions also occurred with Xylem for wastewater treatment and Octopus Energy for grid solutions. These talks follow Coca-Cola's investment proposals, highlighting Karnataka's growing industrial appeal.

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WTI oil prices fall as risks from Kazakh production halt subside

Despite a brief rally on strong China data and the Kazakh field shutdowns, broader market pressures are expected to persist, impacting global oil markets.

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Budget 2026: Incentives likely for carbon capture, utilisation & storage tech

This move aims to reduce emissions from crucial sectors like power, steel, and cement. ​The CCUS program, with a significant government allocation, is planned in phases. This technology is vital for India's energy security and its commitment to net-zero emissions by 2070.

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GMDC receives indigenous rare earth processing technology from BARC for Ambadungar project

Technology is designed to recover Mixed Rare Earth Concentrate (MREC) from the Ambadungar hard-rock ankeritic ore.


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ReNew lines up $500-million dollar bond issue

The funds will be utilised for on-lending within the ReNew Group, debt repayment, and other permitted corporate activities. Several major international banks are involved as joint global coordinators and bookrunners for this transaction.

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Suzlon appoints Paulo Soares as Europe President to drive global expansion

Soares will lead Suzlon’s Europe business, focusing on partnerships, customer engagement and market expansion across the region.

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Railways speeds up shift towards engines run on battery, green fuel

Following the substantial electrification of the railway network, the national transport authority is set to phase out the remaining diesel engines. Initial changes will be seen in yard operations, shunting, and last-mile freight tasks.

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Global renewable energy body plans to propose fossil fuel transition roadmap

The International Renewable Energy Agency is gearing up to unveil a comprehensive strategy aimed at phasing out fossil fuels globally. This strategic plan will be shared with the COP31 leadership from Australia and Turkey.

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Engineers India wins over $350 million Dangote refinery expansion mandate in Nigeria

EIL will act as PMC and EPCM consultant for second train of Dangote’s Lekki refinery, expanding capacity from 650,000 bpd to 1.4 million bpd.

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Jharkhand showcases energy transition model at Davos & UK: Renewable energy, decarbonisation focus

The state aims to attract investments in renewable energy and clean technologies. Jharkhand's strategy focuses on responsible diversification and growth in harmony with nature. The model emphasizes inclusivity and worker transition.

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Adani Solar only Indian company in Wood Mackenzie's global top 10 ranking

The Adani New Industries arm was ranked eighth globally and received a Grade A classification, with a score of 81, based on shipments, bankability and performance.

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Oswal Energies inks MoU with ATS, Abu Dhabi; announces $1 billion expansion plans in the Middle East

This collaboration will leverage their combined strengths for end-to-end EPC and DBO projects, including offshore and subsea operations, early production facilities, and pipeline systems.

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Oil prices settle up as US begins holiday weekend

Brent crude and West Texas Intermediate saw gains. A US Navy carrier group moved to the Persian Gulf. Potential supply increases from Venezuela are also a factor. Geopolitical risks and speculation are present.

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JSW Energy signs turbine generator supply contract for 1,600 MW Salboni Plant

Subsidiary JSW Thermal signs contract with Toshiba JSW Power Systems for two 800 MW units in West Bengal.

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Russia bets big on non-energy JVs with India

This move aims to diversify trade and increase non-resource and non-energy goods. Both countries see significant opportunities for mutual growth and market expansion.

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NTPC Renewable Energy begins 300 MW commercial supply from 500 MW Bhadla solar project

With this, the total installed and commercial capacity of NTPC group will become 87,287 MW and 86,207 MW, respectively

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Hinduja Renewables to expand capacity 3X to 10 GW, invest $4 billion

The company is expanding into hybrid solar-wind projects and developing substantial pumped hydro storage capacity to meet India's demand for round-the-clock green power.

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Hinduja Renewables to expand capacity 3X to 10 GW, invest $4 billion

The company is expanding into hybrid solar-wind projects and developing substantial pumped hydro storage capacity to meet India's demand for round-the-clock green power.

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BPCL arm makes oil discovery in Abu Dhabi onshore block

Bharat PetroResources is very positive about the well results and is looking forward to further establishing the economic deliverability of the wells during the appraisal phase, BPCL said.

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NLC India inks ₹25,000 crore MoU with Govt of Gujarat to develop large-scale renewable energy projects

Non-binding pact covers solar, wind, hybrid and battery storage projects; to be executed through NLC India Renewables.

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NLC India inks ₹25,000 crore MoU with Govt of Gujarat to develop large-scale renewable energy projects

Non-binding pact covers solar, wind, hybrid and battery storage projects; to be executed through NLC India Renewables.

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KP Group pledges ₹4,000 crore investment in Gujarat

This agreement outlines the development of approximately 855 MW of solar and wind-solar hybrid power projects across key locations like Devbhumi Dwarka and Kutch.

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US tariff pressures push British Columbia to boost India trade

Canadian province's premier David Eby, who is leading a trade mission to India from January 12-17, told ET in an interview that the province is trying to develop more opportunities with India to diversify trade, which has been hit by the US tariffs.

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Rare earth magnet scheme worth ₹7,280 crore moves closer as Centre readies RfP

Union Minister H D Kumaraswamy announced the scheme aims to build domestic capacity and foster self-reliance, with incentives for sales and capital subsidies for new facilities. The initiative aligns with the 'Viksit Bharat @2047' vision.

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Europe fills diplomatic agenda for India this week, green energy, tech collaborations

France's Emmanuel Bonne arrives Monday and Tuesday, preparing for President Macron's February trip. Poland's foreign minister Radosław Sikorski follows. Prime Minister Modi meets Merz in Ahmedabad to boost cooperation.

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Ahead of budget 2026, renewables industry flags storage, financing gaps

Key demands include incentives for green hydrogen, energy storage, transmission modernization, and domestic manufacturing to enhance energy security and project viability.

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Solar power to light up 96 Chandigarh UT buildings

A selected agency will fund and manage the 25-year project, with the MC earning revenue by leasing rooftops. This initiative aims to make Chandigarh a model solar city.

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NTPC to set up coal-to-SNG project at ₹10,000 crore capex in Chhattisgarh

This ambitious project, with an investment of approximately ₹10,000 crore, aims to produce synthetic natural gas from high-ash Indian coal. The facility will be located at Talaipalli and is expected to consume substantial amounts of coal. Technology tie-ups are underway to finalize the project's processes.

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Rajasthan renewable curtailment persists despite new transmission line; over 4 GW capacity at risk

This issue persists despite the recent commissioning of the Khetri-Narela transmission line. Developers warn of risks to project viability and India's 2030 renewable energy goals. Authorities are exploring solutions to improve evacuation capacity.

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Oil gains as market weighs Iran, Russia supply risks; dealmaking for Venezuela in focus

Brent and WTI futures climbed, with weekly gains reflecting market jitters over potential disruptions from Iranian unrest and Russian military actions targeting Ukrainian energy infrastructure.

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Torrent Power bets ₹1 lakh crore on energy, builds new B2C platforms: Jinal Mehta, vice-chairman and MD

Torrent Power operates across the entire power value chain-coal-based and gas-based generation, renewables, transmission and distribution. We are also expanding into energy storage and green hydrogen. Importantly, every segment of the value chain is seeing growth today, giving us multiple growth engines and a balanced portfolio, says Jinal Mehta.

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PIB clears ₹26,000-crore Kamala Hydel Project in Arunachal

This advancement is set to enhance flood control and provide free energy to the residents of Arunachal Pradesh. Moreover, an additional ₹3,000 crore has been earmarked for establishing state-of-the-art power equipment testing facilities.

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US' solar alliance pull-out throws spanner in works for ties with India

The US departure is part of a broader policy shift. The International Solar Alliance was launched by India and France. It works to promote solar energy in developing nations. The US joined the alliance in 2021.

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NIIF, KKR, Sembcorp vie to acquire Shell's Sprng Energy in one of India's biggest renewable M&A deals

As the renewable energy market heats up, Shell is placing Sprng Energy on the auction block, inviting competition from notable investors including India's National Investment and Infrastructure Fund, KKR, and Sembcorp.

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IGX looks to widen operations with long-term gas contracts, new trading platforms

The exchange also plans to introduce trading for compressed biogas, renewable gas certificates, and a hydrogen index, aiming for operational status in FY27. These moves align with anticipated global supply increases and India's growing demand.

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Tata Power Renewable Energy to invest ₹6,675 crore in India's 10GW ingot & wafer plant in Nellore, Andhra Pradesh

This significant ₹6,675 crore investment aims to boost domestic solar equipment production. The project will create 1,000 jobs and receive green energy supply from a dedicated 200 MW plant.

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Why 2026 could be the year India’s energy storage sector is finally tested!

This pivotal year will see the transition from announcements to actual commissioning, testing the viability of projects secured through aggressive tendering and facing financing challenges amidst fluctuating battery costs.

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Inox Neo Energies acquires 250 MWp solar projects of SunSource Energy

The company is also acquiring an additional 50 MWp, bringing the total to 300 MWp. These projects are spread across 13 states and supply power to major commercial and industrial clients.

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IEX trades 34.08 BU power in Q3 FY26 as prices ease on higher supply

This growth was driven by higher hydro and wind generation. Power prices saw a decline across key market segments. Renewable energy certificates also saw trading activity during the period.

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Explained: What slowed India’s power demand in 2025 — and why 2026 may look different

However, December brought a recovery driven by agricultural needs. Despite this, solar capacity additions continued at a rapid pace. Financing for the power sector also saw significant strengthening, indicating confidence in the industry's future.

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Tripura identifies 10 river sites for hydrokinetic power project

This initiative pairs beautifully with the state's robust solar power expansion, collectively addressing the anticipated electricity demand surging to 650 MW by 2031.

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Reviving Venezuela’s oil sector will be slow and risky despite Trump’s push, industry executives say

Industry executives highlight the need for political stability and legal certainty before companies will commit billions, citing past expropriations and entrenched bureaucratic interests as major deterrents.

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US control of Venezuelan oil may unlock $1 bn stuck dues for India, lift output

India was once a major processor of Venezuelan heavy crude, importing more than 4 lakh barrels per day at peak levels, until sweeping US sanctions and rising compliance risks forcibly shut down purchases in 2020.

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India has 132 Compressed Bio Gas plants operational nationwide; output touches 920 tonnes per day

This program converts waste into clean fuel, boosting rural incomes and reducing emissions. Additionally, the country is offering 50 new exploration and production blocks to enhance domestic energy output.

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Vedanta’s oil & gas output slumps 15% in Q3 despite metals boost

In the oil and gas segment, Vedanta's average daily gross operated production dropped 15% during the quarter to 84,900 barrels of oil equivalent per day.

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Delhi govt agrees in principle to allow privately-owned EVs to operate as shared taxis

Delhi Chief Minister Rekha Gupta held a meeting with automobile manufacturers and aggregator companies such as Ola and Uber and suggested that they operate shuttle services on Ring Road.

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Tesla loses EV crown to China's BYD as competition, tax credit expiry hit demand

With global EV sales rising 28 per cent last year, BYD outsold Tesla for the first time on an annual basis, helped by ‌rapid growth in Europe, where ‌the Chinese automaker has been widening its lead over the US rival.

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PM Modi reviews overseas critical mineral acquisitions, recycling incentive scheme

The review took place during the prime minister’s quarterly sectoral meeting of the Ministry of Mines.

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Tankers laden with Russian oil sail toward Reliance refinery

Reliance Industries has resumed modest purchases of Russian crude after a brief halt due to US scrutiny. Three tankers carrying nearly 2.2 million barrels of Urals are en route to its Jamnagar plant.

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Before EVs became political, there was the Toyota Prius

Supporters view EVs as tools to fight climate change and boost industry competitiveness, while critics see them as symbols of government pressure and ideological overreach, a divide sharpened by Elon Musk’s public commentary.

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India’s gas output falls 2.4% in Nov; LNG imports rise 3.7%

The fertiliser sector led consumption, followed by city gas distribution. Cumulative consumption for April-November 2025 saw a 3.8% decline, primarily from power and refinery sectors.

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