JSW Energy’s arm, JSW Energy Utkal Ltd, has secured a Power Purchase Agreement with Karnataka discoms. This deal will supply 400 MW of power starting April 1, 2026, for 25 years at Rs 5.78 per kWh. This agreement significantly boosts JSW Energy’s long-term revenue visibility. The company is on track to meet its 2030 capacity…
Russian Foreign Minister Sergey Lavrov has assured India that energy supply agreements will be completed. He stated that relations between Russia and India are based on deep friendship. Lavrov praised Prime Minister Narendra Modi as an energetic leader. He pledged that unfair competition will not harm their energy deals.
India has proposed amendments to its motor vehicle rules to formally integrate higher ethanol-blended fuels, including E85 (85% ethanol) and E100 (nearly pure ethanol). This move follows the nation’s achievement of its E20 target and aims to further reduce reliance on expensive petroleum imports.
India-Russia oil trade: Even January’s low is well above pre-war levels. More significantly, according to traders and refiners, volumes could rebound as unsanctioned suppliers squeeze in and a vast number of new trading intermediaries appear.
Big news for the power sector. The Central Electricity Regulatory Commission will implement power market coupling. This begins with the ‘day-ahead market’. The target is January 2026. This move follows discussions with power sector stakeholders. Market coupling aims for price convergence. It will align electricity prices across regions. This creates a consistent pricing structure for…
The West Asia conflict has exposed India’s vulnerability to energy shocks, prompting calls to reduce crude oil imports and boost energy security. An RBI MPC member stressed the need for increased domestic exploration and a faster transition to alternative energy sources to sustain economic growth amidst rising import bills and inflation.
DCNT Global has commissioned a 3GWh battery energy storage system (BESS) plant in Khed City, Chakan, Pune. The fully automated facility is set to begin production in Q3 2025. This initiative supports India’s renewable energy targets and aims to meet the increasing demands of various sectors while contributing to national green energy initiatives.
New Delhi-based IntelliSmart was set up as a joint venture between NIIF and Energy Efficiency Services Ltd. in 2019 to roll out a smart meter program to Indian power companies, according to an announcement at the time. The meters can be read remotely and are also used to identify network failures, as well as provide…
Speaking on the sidelines of the St Petersburg International Economic Forum on Thursday (local time) Putin said Moscow and New Delhi were aiming for more ambitious economic targets as trade between the two nations continues to grow. “We are not only talking about our plans in energy, including nuclear energy. Kudankulam Nuclear Power Plant (KKNPP)…
White House trade advisor Peter Navarro says India’s purchase of Russian crude is funding Moscow’s war in Ukraine. He adds that New Delhi is now cozying up to both Russia and China. Navarro suggests India needs to act like a strategic partner of the US if it wants to be treated as one.