India successfully met its record peak power demand of over 256 GW on April 25, 2026. Renewable energy sources like solar, wind, and hydro contributed significantly. This achievement demonstrates India’s capability in handling peak power demand with clean energy. The government is investing in grid modernization and increasing generation capacity to boost renewable energy’s share…
India’s Centre has lowered royalty rates for crude oil and natural gas production. This move aims to encourage more domestic exploration and production. Deepwater and ultra-deepwater fields will see significant royalty reductions. New policies offer zero royalty for initial years in these challenging areas.
Work on the natural gas pipeline connecting Tripura and Mizoram is progressing well. Officials report 45 percent completion. The 119.5-km project is slated for completion by December 2027. This initiative will bring affordable gas to Mizoram for domestic, commercial, and industrial use.
Reliance Industries and its offshore partners are strongly denying allegations of siphoning gas from ONGC fields. The companies are in the Supreme Court challenging a High Court verdict that overturned an arbitral award in their favor. The Centre had demanded over a billion dollars for gas allegedly migrated from ONGC blocks to their KG-D6 area.
Donald Trump’s threat to hike tariffs on Indian exports over its Russian oil imports isn’t likely to move the needle in New Delhi. India, driven by domestic needs and economics, isn’t ditching cheaper Russian crude anytime soon. Behind the posturing lies a bigger story, about energy security, shifting alliances, and a clash between political theatre…
Adani Power is set to acquire stakes in Jaypee Group’s power companies for approximately ₹4,200 crore. This move will boost Adani Power’s generation capacity and thermal power presence. The deal includes a stake in Jaiprakash Power Ventures and the Churk thermal power plant. This acquisition is part of a larger restructuring of the debt-laden Jaypee…
Numaligarh Refinery Limited (NRL) has been granted Navratna status, recognizing its strong performance and ambitious growth. This achievement is linked to its ongoing refinery expansion and the recently inaugurated bamboo-based bioethanol plant, driving energy security and green growth from Assam. The company is significantly increasing its capacity with a substantial investment.
Prime Minister Modi announced India’s commitment to energy independence through nuclear power reforms, opening the sector to private investment. With work underway on 10 new nuclear reactors, India aims to increase nuclear power generation capacity tenfold by 2047. The nation has already achieved its goal of sourcing 50% of its energy from clean sources ahead…
As the Union Budget 2026 approaches, the oil and gas sector is calling on the government to reconsider the OID cess imposed on domestically produced crude oil. Stakeholders in the industry argue that the existing 20% ad-valorem tax is stifling production potential and should be revised. Furthermore, they suggest doing away with other taxes like…
Sunsure Energy has partnered with NTPC Vidyut Vyapar Nigam to supply 500 MWh of peak power from a battery energy storage system to Uttar Pradesh Power Corporation. The 15-year agreement involves Sunsure establishing a standalone BESS in Jhansi, delivering on-demand power during peak hours. This agreement marks a shift in India’s energy storage, billing based…