Coal India Limited aims to supply 900.24 million tonnes of coal by 2026. This is to meet increasing electricity needs and cut down on imports. The company plans to provide most of its coal to the power sector. Coal India also focuses on cleaner technologies and diversifying its business. They are investing heavily in infrastructure…
Reliance Industries cautions that geopolitical tensions and tariff uncertainties could disrupt global trade, impacting its oil-to-chemicals business. The warning follows the US imposing additional tariffs on Indian goods, potentially harming key export sectors like textiles and chemicals. Upcoming India-US trade negotiations are crucial amidst concerns of trade distortions and stagnating demand in China.
India’s LPG imports saw a significant shift in May. The United States became the largest supplier, providing over half of the country’s needs. Iran also emerged as a key source, resuming trade after seven years. These changes reflect global energy market disruptions. India is diversifying its LPG sources to ensure supply stability.
Power Finance Corporation welcomes Rajiv Ranjan Jha as its newly appointed nominee director on the board of REC, effective April 6, 2026. With a rich history at PFC since March 1997, Jha is currently the Director of Projects.
State-run fuel stations are seeing increased demand. This is happening because private companies have raised prices significantly. Bulk consumers are also buying fuel at retail outlets. This shift is causing shortages at some stations. The government is working to ensure adequate supplies. Crude oil and fuel supplies remain sufficient in the country.
Indian refiners are facing pressure as the US and EU intensify efforts to curb Russian oil flows. President Trump announced a 25% tariff on Indian exports, criticizing its Russian imports. State-run refiners are rushing to secure alternative crude, including from the Middle East and West Africa. Rising prices, reduced Russian supply, and geopolitical uncertainties have…
Indian oil companies are pushing ahead with major expansion and clean energy projects. Indian Oil Corporation plans significant investments in refining and renewable energy. Bharat Petroleum Corporation Limited is also allocating substantial funds for refining and marketing. Hindustan Petroleum Corporation Limited’s capital expenditure is expected to be slightly lower. These companies are focused on growth…
State-owned NTPC is exploring new nuclear power projects. Site selection studies have begun in Andhra Pradesh, Madhya Pradesh, Gujarat, and Odisha. This initiative is part of NTPC’s extensive 30 GW nuclear energy plan. The company aims to contribute significantly to India’s ambitious nuclear capacity target. Investments will be substantial, spanning multiple states. NTPC is diversifying…
At Reliance Industries’ 48th AGM, Anant Ambani said global energy markets faced supply disruptions, trade shifts and petrochemical overcapacity, but Reliance delivered strong performance. He announced ₹75,000 crore investments in new projects, highlighted Hazira’s upcoming carbon fibre facility, and stressed E&P’s role in India’s energy security. Mukesh Ambani called India’s rise unstoppable, even as Reliance…
Clean Core Thorium Energy (CCTE) is seeking Indian regulatory approvals for its thorium-based fuel technology, backed by a recent US export license facilitated by assurances from Indian atomic energy bodies. CCTE aims for long-term partnerships with Indian state-run companies like NTPC and anticipates private sector collaboration following nuclear energy law amendments.