The latest coal bed methane (CBM) licensing round saw a disappointing turnout, with seven of thirteen blocks receiving no bids and four attracting only a single bidder. Only two blocks will experience competitive bidding, as just three companies participated in the Special CBM Bid Round 2026, despite more liberal terms.
In a bid to revolutionize electricity trading in India, the National Electricity Regulatory Authority is unveiling proposed regulations that will allow the Grid Controller of India Ltd to implement market coupling. This strategic initiative aims to standardize pricing across various electricity markets, enhancing transparency and efficiency.
Global strategic oil reserves reached 2.5 billion barrels by year-end. China, the United States, and Japan hold the largest stockpiles. The US is releasing oil to lower prices. Other nations also maintain significant reserves. China notably increased its reserves in recent years.
Delhi’s electricity bills are set to increase. The Appellate Tribunal for Electricity has ordered the Delhi power regulator to start recovering over Rs 38,500 crore owed by electricity distribution companies. This move comes after the tribunal rejected a request for a CAG audit, directing an independent chartered accountant instead. The process must begin within three…
The bidding frenzy for coal-bed methane blocks heats up as Reliance Industries and the Essar Group step into the ring. The Directorate General of Hydrocarbons has put 16 blocks up for grabs in two competitive rounds, attracting the attention of Oil India while ONGC chooses to withdraw.
India and China appear to be locked in an escalating energy rivalry in Sri Lanka. India plans a new energy hub at Trincomalee with the UAE, including an oil pipeline. This initiative aims to secure fuel supply chains and counter China’s expanding presence in Sri Lanka’s energy market. The project seeks to reshape regional energy…
A fire flared up at the Pachpadra Refinery-cum-Petrochemical Complex in Balotra, with emergency services reacting promptly to contain the situation. This alarming event takes place on the eve of Prime Minister Narendra Modi’s planned trip to Rajasthan, where he will unveil India’s inaugural greenfield integrated refinery-petrochemical complex. This initiative is poised to revolutionize the energy…
In the backdrop of impending elections, truck fleet operators across India are seeing storm clouds on the horizon with expected fuel rationing and a steep rise in diesel prices. The flare-up in the Middle East is sending shockwaves through global oil supplies, forcing state refiners to reconsider their strategies amid rising inflation.
Prime Minister Narendra Modi is scheduled to arrive in Rajasthan this Tuesday, where he will unveil a transformative project—the country’s inaugural greenfield integrated refinery-cum-petrochemical complex at Pachpadra.
India’s T&D sector is poised for sustained growth, driven by an estimated INR 9 trillion capex through 2032. Despite temporary ordering slowdowns due to high capacity utilization and longer lead times for high-voltage transformers, a positive outlook remains. Global demand surges, particularly in the US and Europe, present significant export opportunities for Indian manufacturers.