India’s electricity demand has hit an all-time high of 260.5 gigawatts. This record was set on Tuesday as heat waves gripped the nation. The demand is rising sharply even before the peak summer months. This surge underscores the growing need for electricity. The government is prepared for higher demand.
Reliance Industries will invest Rs 2 lakh crore to develop 7,200 MW of nuclear capacity. Adani Power has outlined Rs 1.5 lakh crore for 6,000 MW projects, while state-run NTPC will invest Rs 1 lakh crore in building 7,200 MW capacity. Lalitpur Power Generation Company, part of the Bajaj Group, will invest Rs 2 lakh…
India is set to boost E100 flex fuel availability with 5,000 dispensing stations planned within two years. This initiative aims to significantly cut crude oil imports. Automobile and oil companies are collaborating on this roadmap. The government’s plan includes phased rollout of E100 pumps across major cities, paving the way for flex fuel vehicles.
US firm I Squared Capital is investing one billion dollars in India’s power transmission sector. A new entity, Cube Grid, will build essential grid infrastructure. This move taps into a multi-decade opportunity driven by India’s growing energy needs. The company sees stable, long-term returns from transmission projects. This investment will support India’s economic growth and…
NTPC’s Nabinagar plant in Aurangabad, Bihar, is undergoing a major expansion. Stage II will add three 800 MW units, increasing total installed capacity to over 4,360 MW. This expansion will provide Bihar with an additional 1,500 MW of power. The new units will use advanced technologies to reduce water consumption and improve efficiency. The project…
The SHANTI Act of 2025 has significantly boosted opportunities for US commercial nuclear companies to collaborate with India. A high-level US delegation, including NEI’s CEO Maria Korsnick, met with Indian ministers to discuss expanding clean energy cooperation. Korsnick highlighted the US’s advanced reactor technologies and expressed readiness to partner with India based on its specific…
India’s Bharat Petroleum is increasing spot crude purchases due to Middle East supply disruptions from the U.S.-Iran conflict, impacting its import strategy. The state-run refiner is running at 115% capacity, with Russian oil discounts narrowing significantly. Despite recent price hikes, BPCL continues to face losses on diesel and petrol sales.
Maharashtra has signed MoUs with four companies, including Adani Power and Reliance Industries, to attract Rs 6.5 lakh crore in nuclear energy investments. These projects aim to generate 25,400 MW of power and create 1,23,500 jobs, bolstering the state’s clean energy initiatives and contributing to India’s energy-rich nation goal.
Fuel prices in India could see a significant increase. State-run oil companies may have to raise petrol and diesel rates further if crude oil prices stay high. This is due to ongoing disruptions in the Strait of Hormuz. Even after a recent small hike, refiners face substantial under-recoveries. Further price revisions are likely unless oil…
Fuel prices saw a hike of about 90 paise per litre. The BJP stated this increase is among the lowest globally. State-run oil firms absorbed significant losses for 76 days before passing on some costs. Global crude prices surged due to the West Asia conflict. India’s fuel price rise remains comparatively low against international benchmarks.