Prime Minister Modi is set to visit Gujarat on August 25 and 26 to inaugurate and lay the foundation for development projects in power distribution and revenue services. These initiatives, totaling over Rs 1,218 crore, aim to modernize infrastructure, improve electricity reliability for over 4.25 lakh consumers, and streamline revenue services for citizens.
External Affairs Minister S Jaishankar defended India’s energy ties with Russia, asserting that oil purchases serve both national and global interests by stabilizing prices. He emphasized India’s independent decision-making amid ongoing trade discussions with the United States, highlighting the commitment to protect the interests of farmers and small businesses.
Narendra Modi launched the first unit of SJVN’s thermal power project in Bihar. The Buxar Thermal Power Project has an investment of Rs 13,756.56 crore. The project will generate 9,828.72 million units of electricity annually. Bihar will receive 85 per cent of the power. The project will enhance power availability in Bihar. It will also…
India’s peak power demand may not reach the projected 277 GW this summer. Intermittent rains have reduced the need for cooling appliances. Ghanshyam Prasad of the Central Electricity Authority shared this update. The government had projected this demand for 2025-26. However, continuous rainfall has kept power demand lower than expected.
City gas companies anticipate compressed biogas (CBG) and liquefied natural gas (LNG) will drive India’s clean energy transition in the next decade. IGL is setting up CBG plants, while also pushing for LNG adoption in the transport sector. India’s renewable energy achievements position it as a global solar leader, emphasizing the need for decarbonization in…
PFC has secured a EUR 150 million loan from KfW to support India’s Revamped Distribution Sector Scheme (RDSS). This collaboration aims to improve the operational and financial efficiency of power distribution companies nationwide. The partnership between PFC and KfW strengthens Indo-German cooperation in the energy sector, advancing the shared goal of accelerating energy transition and…
External Affairs Minister S. Jaishankar defended India’s Russian oil imports, highlighting that China and the EU are larger buyers and that India is contributing to global energy stability, as encouraged by the U.S. He questioned the criticism directed at India, noting that its trade with Russia has not surged disproportionately and oil imports from the…
Facing EU sanctions due to Rosneft’s stake, India’s Nayara Energy is reportedly utilizing a ‘shadow fleet’ to import oil and export refined fuels. This fleet, estimated at a fifth of global tankers, helps circumvent Western sanctions by obscuring vessel identities and routes.
IndiGrid will acquire NERES XVI Power Transmission Ltd, an inter-state project in northeastern India, from Techno Electric & Engineering Company post-commissioning for up to Rs 460 crore. The project includes a substation and a 45 km transmission line, with a targeted commissioning date of December 2026.
EAM Jaishankar and Russia’s Deputy PM Manturov co-chaired the IRIGC-TEC session, aiming to boost trade, investment, and energy partnership, including LNG exports and the rupee-rouble mechanism. Discussions also covered US tariffs and global trade dynamics. Both nations are keen on expanding cooperation in transport, energy, agriculture, science, and technology, while also exploring joint projects in…