Sterlite Electric Ltd has secured orders worth Rs 1,500 crore in Q1 FY’26, driven by green energy projects and exports. The company’s advanced conductors, power cables, and OPGW products are in high demand across domestic and international markets. Sterlite Electric is strengthening its global presence with exports to various regions.
Indian Oil Corporation (IOC) and Air India have partnered to promote sustainable aviation fuel (SAF), marking a significant move towards greener aviation in India. IOC will supply SAF produced from used cooking oil, starting December, at its Panipat refinery, with an annual production of 35,000 tonnes.
The Russian Embassy in India announced Moscow’s commitment to reducing the trade imbalance with New Delhi, focusing on expanding energy supplies and eliminating trade barriers. Despite the current political climate, mechanisms are in place to ensure a consistent oil flow to India. Bilateral trade is projected to increase by approximately 10% annually, with energy shipments…
Speaking about the potential hike in fuel prices, India’s Oil Minister Hardeep Puri reassured the public while acknowledging the pressure on oil companies. The minister highlighted the importance of proactively addressing the economic strain caused by current fuel pricing strategies.
NTPC Ltd has awarded Accenture Solutions a contract to conduct feasibility studies for installing small modular reactors at old thermal power stations. This initiative aligns with India’s goal to achieve 100 GW of nuclear energy capacity and repurpose existing infrastructure. The conversion leverages available land, water, and transmission lines, while exclusion zones are a key…
Investments in thermal power generation are projected to double to ₹2.3 lakh crore by 2027-28, driven by rising energy demand and the need for base load power. Private sector participation is expected to increase significantly, contributing nearly a third of the total investment.
Coal India plans a significant investment of Rs 3,300 crore for eight new coking coal washeries. This initiative aims to enhance domestic coal quality and decrease reliance on imports. The new facilities, with a combined capacity of 21.5 million tonnes per year, are expected to be operational by FY30.
In a statement posted on X on Tuesday, Reliance Industries Limited said a Bloomberg report claiming that “three vessels laden with Russian Oil are heading for Reliance Industries Limited’s Jamnagar refinery” was incorrect. The company said its Jamnagar refinery has not received any Russian crude oil cargo in the past three weeks and is not…
Induction cooking will significantly boost power demand. Experts predict an increase of 13 to 27 gigawatts. This new demand will be most noticeable during morning and evening peak hours. The government is also arranging additional gas-based power to meet summer demand. Thermal plants are deferring maintenance to ensure supply.
Less than a week after the US announced a 25% tariff on imports from India “plus a penalty”, Trump on Monday again raised the issue of India buying oil from Russia and profiting from it, adding that he would be “substantially” raising the tariff “paid by India to the USA”.