Crude awakening for Nayara as geopolitics sounds alarm; symbol of Indo-Russian ties hit hard by West penalty

Nayara Energy, once a symbol of India-Russia cooperation, faces significant challenges due to sanctions and global disruptions following the Ukraine invasion. These hurdles impact its exports, finances, and expansion plans, forcing a shift towards domestic markets and alternative strategies. The company navigates leadership changes and infrastructure concerns amidst potential ownership restructuring.

Read More

Make in India: Plan afoot to list key transmission gear

The government is planning to boost local manufacturing of critical power transmission equipment, especially for HVDC lines, through stakeholder discussions and initiatives like technology acquisition. This move, spurred by the FY26 budget’s clean tech focus, aims to strengthen the supply chain, increase domestic value addition, and support the expansion of power transmission infrastructure for renewable…

Read More

Ethanol-blended fuel is a national imperative: Industry body ISMA

The Indian Sugar & Bio-Energy Manufacturers Association (ISMA) defends the E20 ethanol blending program, dismissing claims of vehicle engine damage as misleading. ISMA highlights the program’s benefits for farmers, the economy, and the environment, citing successful implementation in Brazil. The initiative is expected to save India a significant amount in foreign exchange by reducing crude…

Read More