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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