Saturday, February 28, 2026

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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Friday, February 27, 2026

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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Thursday, February 26, 2026

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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Wednesday, February 25, 2026

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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Tuesday, February 24, 2026

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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Monday, February 23, 2026

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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Sunday, February 22, 2026

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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Saturday, February 21, 2026

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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Friday, February 20, 2026

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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Thursday, February 19, 2026

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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Wednesday, February 18, 2026

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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Tuesday, February 17, 2026

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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Monday, February 16, 2026

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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Sunday, February 15, 2026

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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Saturday, February 14, 2026

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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Friday, February 13, 2026

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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Thursday, February 12, 2026

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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Wednesday, February 11, 2026

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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Tuesday, February 10, 2026

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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Monday, February 9, 2026

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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Sunday, February 8, 2026

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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Friday, February 6, 2026

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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Thursday, February 5, 2026

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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Wednesday, February 4, 2026

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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Tuesday, February 3, 2026

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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Monday, February 2, 2026

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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Sunday, February 1, 2026

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.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/HlOJ6aC