According to industry players, the workforce required to install PNG connections does not exist at the scale needed. The shortage has intensified in major hubs such as the National Capital Region (NCR), Mumbai and Ahmedabad, with many plumbers returning to their hometowns amid election-related disruptions.
India’s power transmission sector anticipates a strong recovery by FY27. Regulatory changes and new investment models will drive capital flows and asset use. Challenges in recent years are giving way to improved performance. Significant investment opportunities are emerging, particularly in renewable energy integration and energy storage solutions. Monetisation of assets will be key to funding…
Indian Oil Corporation will commence sustainable aviation fuel (SAF) production in December at its Panipat refinery, with a 35,000-tonne annual capacity. This output aims to meet India’s international airline SAF blending requirements by 2027, utilizing used cooking oil as feedstock. The company has secured ISCC CORSIA certification, positioning it as the sole certified SAF producer…
Nayara Energy, facing EU sanctions as a major buyer of Russian oil, sued Microsoft in Delhi High Court after its services were suspended. Accusing Microsoft of corporate overreach, Nayara argued the abrupt suspension impacted critical operations. Microsoft restored services, leading Nayara to withdraw its petition, with the court granting leave to re-approach if similar issues…
Commuters in Andhra Pradesh face severe diesel shortages. Long queues have formed at petrol bunks for two days. Limited supply from oil companies is intensifying the crisis. Some fuel stations display ‘No Stock’ boards. Dealers warn of potential shutdowns if the situation persists. The disruption is causing significant public inconvenience across the state.
Nigerian multi billionaire businessman, also the richest in Africa is hero to some and monopolist to others. He is seeking India Inc’s help again for ramp up his $20 billion Lagos complex biggest in world with throughput of 1.4 mn barrels a day.
The Supreme Court has ruled in favor of Adani Power. The company will not have to pay customs duty on electricity supplied from its Mundra Special Economic Zone to the domestic market. The court set aside a Gujarat High Court order. Authorities must refund amounts deposited by Adani Power. This decision covers electricity supplied between…
Private fuel sellers Nayara Energy and Shell saw sales drop significantly in April. They increased prices after the Iran war began. Consumers shifted to state-run companies that kept prices steady. This caused market share losses for Nayara and Shell. RIL-BP however reported strong sales growth. Localized fuel shortages occurred as demand moved to neighboring stations.
Crisil Ratings projects a doubling of investments in thermal power. This surge aims to meet India’s escalating energy needs. Investments are expected to reach Rs 2.3 lakh crore by fiscal year 2028. Private companies will contribute a third of the investment. The government targets 80 GW of thermal capacity by fiscal year 2032.
Iranian-backed drones attacked American oilfields in Iraq’s Kurdistan region. This prompted the United States to exert intense diplomatic pressure on Baghdad. The US threatened sanctions if a key oil export pipeline to Turkey was not reopened. Following this pressure, Iraq agreed to restart the pipeline. This event signals a shift in influence within Iraq, favoring…