Saturday, April 18, 2026

BHEL FY26 turnover rises 18% to ₹32,350 crore

The state-owned entity secured total order inflows of around ₹75,000 crore during the year, taking its total outstanding order book to around ₹2.4 lakh crore at the end of FY26.

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Friday, April 17, 2026

RBI’s oil forex window set to fuel rupee recovery

This move, likely routed through state-run lenders, aims to reduce the significant daily dollar demand from oil companies. Analysts expect this intervention to lead to rupee appreciation.

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Thursday, April 16, 2026

Waaree Renewable Technologies net up 66% to nearly ₹156 cr in March quarter

Its consolidated net profit stood at ₹93.76 crore in the quarter ended on March 31, 2025, according to an exchange filing.

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Waaree Renewable Technologies net up 66% to nearly ₹156 cr in March quarter

Its consolidated net profit stood at ₹93.76 crore in the quarter ended on March 31, 2025, according to an exchange filing.

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Solar rooftop works to be accelerated across Andhra under PM Surya Ghar scheme

Over 20,000 SC and ST households have received solar rooftop systems. The initiative aims to reduce electricity bills and promote clean energy. The scheme will soon extend to Backward Class beneficiaries.

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GAIL to set up 600 MW solar power project in UP

The project aims to meet captive energy demand of GAIL’s Pata petrochemical plant, while supporting electrification of gas-based equipment and upcoming CBG units in Uttar Pradesh.

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Coal ministry to launch 15th round of commercial mine auctions on April 17

The auctions will be conducted under liberalised terms to promote ease of doing business, encourage wider participation and support investment in the sector.

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Wednesday, April 15, 2026

India may seek bids for small n-reactor soon

Foreign cos will be allowed to submit offers but in tieup with local partner.

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Enviro Infra Engineers secures ₹2,240 crore fresh orders, expands into BESS segment

The fresh order inflow includes ₹1,170 crore from water and wastewater projects and ₹1,070 crore from renewables, taking the total order book past ₹4,600 crore.

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ANDRITZ wins equipment order for India’s largest 3,000 MW pumped storage project in Maharashtra

The scope of work includes design, manufacture, installation, testing and commissioning, with execution through ANDRITZ's India facilities backed by its global network.

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Tuesday, April 14, 2026

Plants built for imported coal being tested for local blends

The exercise is evaluating operational feasibility, including the impact on efficiency, combustion and equipment performance.

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10 killed, 23 injured in boiler blast at Chhattisgarh's Vedanta power plant

Rescue operations are underway as some workers are feared trapped. The incident occurred at the Singhi Tarai plant. The company is investigating and providing support to those affected.

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Brookfield set to divest 550 MW solar project in Bikaner; eyes ₹3K cr EV

The C&I segment, the country's largest power consumer, has witnessed several mergers and acquisitions deals in recent times, highlighting increasing demand for such assets.

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Monday, April 13, 2026

Brookfield set to divest 550 MW solar project in Bikaner; eyes ₹3K cr EV

The C&I segment, the country's largest power consumer, has witnessed several mergers and acquisitions deals in recent times, highlighting increasing demand for such assets.

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Ships with Iran oil anchor off India as Trump announces blockade

The arrival comes as the US intensifies its efforts to restrict Iran's oil exports. India had stopped importing Iranian oil in 2019 due to US sanctions.

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Sunday, April 12, 2026

L&T targets nuclear energy, expects 3x revenues in 5 years

This growth is fueled by a global shift towards nuclear power and India's ambitious target to increase nuclear capacity. L&T will focus on engineering, manufacturing, and project execution, both domestically and internationally.

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Jindal Renewables, INOXGFL in race for GIP's Vena India

The deal is anticipated to value the platform between ₹4,500-5,000 crore. Binding bids are expected next month following due diligence.

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Two supertankers including Pakistan-flagged ship take a u-turn at Hormuz as US-Iran talks collapse

The reversals coincided with the breakdown of negotiations, which had aimed to address the crucial reopening of the vital energy thoroughfare. The situation highlights the ongoing volatility and risks in the region.

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Saturday, April 11, 2026

India raises export duties on diesel, aviation turbine fuel

The finance ministry announced the higher taxes, effective immediately. Previously, India also reduced excise duties on petrol and diesel. Additionally, a cap has been placed on monthly aviation fuel price hikes for domestic airlines.

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After 7 years, work restarts on India-funded Bhutan hydro project

India is funding the project, which is expected to be completed within five years and will export surplus power to India.

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After 7 years, work restarts on India-funded Bhutan hydro project

India is funding the project, which is expected to be completed within five years and will export surplus power to India.

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Andhra Pradesh's cabinet clears ₹39,437 cr projects across IT, energy, manufacturing

Major projects include a semiconductor fab unit and quantum computing facilities. Land allotments and policy changes will support industrial growth and education. This marks a significant step for the state's development.

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Friday, April 10, 2026

KPCL sets record with 15,509 million units of hydropower in 2025-26

This achievement highlights Karnataka's leading position in hydropower, with efficient maintenance and good rainfall contributing to the impressive generation from various river systems.

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India permits Iranian oil tankers to berth for Reliance, sources say

This exemption, reportedly due to the Strait of Hormuz closure, allows for the berthing of ships that may lack international insurance. While permission is granted, Reliance is ensuring transactions comply with sanctions and Indian regulations.

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NHPC firming up ₹30k cr investment plan for Arunachal power project

This project was previously with SJVN Ltd and private developers. The state government is now pushing for central public sector undertakings to develop stalled projects.

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Hybrid solar-rain energy harvester, weather-independent power generation

The technology uses advanced solar cells and a special surface that captures energy from raindrops. This ensures continuous power generation, overcoming the limitations of traditional solar panels.

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Saatvik Green Energy bags ₹108 crore solar module order

The order includes supplying solar PV modules to a leading domestic independent power producer.

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Thursday, April 9, 2026

India finalising agreement to supply oil, gas to Mauritius amid West Asia crisis, says EAM Jaishankar

External Affairs Minister S Jaishankar highlighted this and India's role in Mauritius' first floating solar power project, underscoring a dynamic partnership in clean energy and sustainable solutions.

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India, Bhutan discuss ways to boost energy cooperation

Discussions covered hydro-electric projects, including the Punatsangchhu-I and Punatsangchhu-II projects. ​The minister will attend the Punatsangchhu-I dam construction commencement. This highlights strong momentum in bilateral energy cooperation. Energy partnership remains a key pillar of India-Bhutan relations.

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Manohar Lal arrives in Bhutan on 4-day visit; focus on energy security, sustainable development

Discussions with Bhutan's Prime Minister and Energy Minister covered hydropower cooperation, renewable energy, and regional power trade, with the signing of the Punatsangchhu-II Hydroelectric Project Tariff Protocol and a reactive energy accounting methodology.

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Vedanta Power ramps up waste-to-energy model in Punjab

This initiative, exceeding regulatory mandates, has led to an estimated reduction of 0.40 million tonnes of carbon dioxide emissions and engaged thousands of farmers in a structured biomass supply chain.

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Orsted CEO says Middle East crisis boosts European offshore wind momentum

This situation, marked by rising energy prices and disrupted shipping routes, strengthens the argument for increased offshore wind development as Europe seeks energy security, sovereignty, and competitiveness.

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Mahindra to acquire 26% stake in Neon Hybren for Punjab captive solar project

The investment of up to ₹11.17 crore will support a proposed 30 MW AC solar project in Punjab, aimed at supplying power to the company on a captive basis.

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Wednesday, April 8, 2026

India urges Iran to speed up oil cargo shipments amid ceasefire window

Industry experts warn that a full return to normal trade could take months due to ongoing logistical challenges and potential risks. India maintains its expectation of unimpeded navigation through the Strait of Hormuz.

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PM-Kusum 2 in the works to expand solar irrigation: Joshi

Installations are progressing rapidly, with thousands of projects added daily. Pending power sale agreements are being addressed, and transmission issues are being resolved to ensure green energy delivery.

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Cabinet approves revision of HPCL Rajasthan refinery project cost to ₹79,459 crore

The project involves setting up a 9 million metric tonnes per annum (MMTPA) greenfield refinery-cum-petrochemical complex, along with a petrochemical production capacity of 2.4 MMTPA.

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PM-KUSUM can cut farm power subsidies, boost solar irrigation: Report

The report added that in many states, decentralised solar irrigation already costs ₹3–4 per unit, far below utilities’ ₹6–7 per unit supply cost.

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HPCL ramps up nationwide supply, enforcement network amid demand surge

To meet demand, HPCL dispatched 48,099 tankers carrying petrol, diesel and subsidised kerosene to its retail network.

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Godrej Enterprises wins 98 MW solar project in Haryana

Sirsa plant to use bifacial TopCon modules, generate 147 million units annually and cut emissions by over 75,000 tonnes

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Tuesday, April 7, 2026

Iran war: IOC, BPCL, HPCL may have lost ₹6/litre on diesel in Q4

This squeeze on profits is attributed to rising crude oil prices, particularly due to the Iran war, while domestic retail fuel prices remained unchanged. The companies' overall quarterly profit is predicted to drop significantly.

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Kajra solar project to boost power supply: Minister

Phase-1 is commissioned, and Phase-2 is progressing rapidly, aiming to enhance power supply and grid stability. The minister also explored new renewable energy project possibilities in the region.

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Centre doubles allocation of 5 kg LPG cylinders for migrant workers

The revised policy lifts earlier caps, allowing states to increase supply of small cylinders to meet rising demand among migrant labourers.

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Monday, April 6, 2026

IAEA says strikes near Iran nuclear power plant 'must stop'

The facility, Iran's only operational nuclear reactor, has been targeted multiple times, with one strike occurring just 75 meters from its perimeter.

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Coal offtake under watch as industry builds stocks

The Coal Ministry is watching fuel purchases by state agencies. This comes as small industries build up coal reserves. Coal India supplies these agencies for smaller consumers.

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Chandigarh to rethink fixed solar user charges

Instead of a fixed ₹300 per kilowatt, charges will now be based on the lowest power consumption slab, aiming to reduce residents' financial burden. Surplus solar power will be sold to the power distribution company.

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Sunday, April 5, 2026

TPG to buy NIIF green infra NBFC Aseem for ₹4,000 crore

This move aims to accelerate green funding and investment initiatives in India. The deal will see the exit of Aseem's current sponsors. The acquisition includes

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TPG to buy NIIF green infra NBFC Aseem for ₹4,000 crore

This move aims to accelerate green funding and investment initiatives in India. The deal will see the exit of Aseem's current sponsors. The acquisition includes

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India OMCs to pay discounted rates to refiners amid fuel price freeze

This move, effective March 16, forces refiners to absorb some of the impact from rising global oil prices, particularly affecting standalone refiners.

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Solar grid charges will discourage shift to cleaner energy, say experts

These charges, set to increase from ₹1.96 to ₹2.32 per unit by 2029-30, could significantly deter residential complexes and industries from adopting rooftop solar projects by extending investment recovery periods.

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Oil India ramps up crude production from Rajasthan's Thar desert

This 70% surge, driven by advanced techniques like Cyclic Steam Stimulation, significantly enhances domestic output and energy security. The company's innovative methods are unlocking the potential of heavy oil reserves, reducing India's import reliance.

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Iran warns of 'radioactive contamination' risk after strike near Bushehr nuclear plant

The UN's nuclear watchdog confirmed a projectile hit near the facility, killing one staff member and damaging a building. The IAEA stressed nuclear sites must not be targeted, urging restraint to prevent accidents. Energy production remains unaffected.

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Friday, April 3, 2026

7th India-flagged LPG tanker crosses Hormuz, 17 in queue

Seventeen Indian ships, including two LPG carriers, remain west of the Strait. Meanwhile, a foreign tanker carrying Iranian oil to India has rerouted to China, highlighting payment sensitivities impacting trade flows.

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Oil prices surge while Asian share prices rise moderately

Benchmark US crude surged over 11%, while Brent crude also jumped significantly. This instability threatens physical infrastructure and trade routes, with potential long-term price effects.

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Thursday, April 2, 2026

Govt directs refineries to reroute LPG feedstock to industries hit by petrochemical shortage

This decision follows disruptions in Middle East LPG supplies due to regional conflict, prompting an initial prioritisation of domestic LPG output.

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Cairn Oil & Gas commences renewable energy sourcing from Serentica Renewables for Oil field in Rajasthan

This move will power approximately 20% of its Barmer field's energy needs, significantly cutting its carbon footprint by an estimated 115 kilotonnes of CO₂ annually and supporting its net-zero ambitions.

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NTPC records highest ever capacity addition of 9.6GW in FY26

The company also achieved significant growth in coal production and power trading, alongside a 105% ash utilisation rate. With over 89 GW operational and 32 GW under construction, NTPC aims for 149 GW total capacity by 2032.

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Bhaskar Bhattacharya resigns as PFC independent director; to contest West Bengal assembly elections

The Bharatiya Janata Party (BJP) has fielded Bhattacharya from the Sreerampur assembly constituency against Trinamool Congress's Tanmoy Ghosh.

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Wednesday, April 1, 2026

PM Modi chairs special CCS meet to review steps amid war

The government is enhancing coordination with states to ensure critical supplies, diversify energy sources, and combat disinformation, while maintaining stable domestic LPG prices and monitoring food commodity rates.

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J&K govt announces revival of 120-yr-old power project

The government is initiating a tender process for its renovation and operation. The project, commissioned in 1905, holds significant historical and heritage value for the region.

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