India is pushing for more piped gas connections. Oil Secretary Neeraj Mittal has asked city gas companies to speed up adding household connections. This comes as the government eases rules for infrastructure. The move aims to reduce reliance on imported fuel. Recent global events highlighted vulnerabilities in current supply chains.
India has capped refinery margins to manage losses on domestic fuel sales. This follows a windfall tax on fuel exports. The move aims to balance record losses on petrol and diesel due to high international oil prices. Refineries will now effectively transfer excess earnings to state-run marketing companies. This adjustment impacts the pricing of diesel,…
The National Green Tribunal has rejected Bharat Petroleum Corporation Limited’s appeal against a Rs 1 crore environmental fine. BPCL failed to install a vapour recovery system in its storage terminals by the March 2024 deadline. The tribunal upheld the Central Pollution Control Board’s order, noting the Supreme Court’s directive on the matter.
West Asia War: Reliance Industries is limiting fuel purchases at its retail stations. Customers can buy only about $11 worth of gasoline or diesel per visit. This move aims to manage supply amid ongoing Middle East crisis disruptions. Other fuel retailers are also facing challenges. India imports most of its oil, making it vulnerable to…
India’s largest gas distributor GAIL plans significant borrowing for expansion in fiscal 2027. The company is also securing spot LNG cargoes to address supply disruptions. Global LNG flows face challenges due to geopolitical events and infrastructure damage. This impacts India’s energy security and terminal operations. GAIL’s Dabhol terminal is operating below capacity. Hindustan Petroleum Corp…
NTPC Ltd has forged a promising partnership with Electricite de France (EDF) to investigate innovative nuclear power ventures in India. This collaboration focuses on assessing the suitability of EDF’s EPR technology, following recent government endorsements.
A major hydropower project, the Kamala HEP, has received a significant investment of over Rs 26,000 crore. This 1720 MW project in Arunachal Pradesh will generate clean energy and boost the region’s power supply. It will also contribute to flood moderation and socio-economic development. The project is a joint venture and is expected to be…
India possesses ample coal reserves. Stocks at mines and power plants are sufficient for 24 days of power generation. The total coal stock across the nation stands at 220 million tons. This ensures a stable power supply for the country. The government official confirmed the availability of these crucial resources.
The Competition Commission of India has approved Torrent Power’s acquisition of Nabha Power Ltd. This deal involves Torrent Power acquiring 100 percent equity stakes in Nabha Power. The acquisition will increase Torrent’s operational capacity significantly. Nabha Power operates a thermal power plant in Punjab. This approval marks a key step in the transaction.
India’s first indigenous prototype fast breeder reactor at Kalpakkam has achieved criticality. This marks a major milestone in the nation’s pursuit of nuclear self-reliance. The reactor’s success bolsters the three-stage nuclear program. Experts highlight its role in harnessing India’s vast thorium reserves for future energy security.