India is pressing its coal producers to enhance fuel quality due to persistent complaints from the power sector regarding shipments failing to meet agreed specifications. The power ministry has proposed measures, including rigorous testing upon arrival and auger sampling, to ensure accuracy and address discrepancies in heating value and composition. These issues impact costs, railway…
State-owned Coal India Limited has commissioned a 100 MW solar power project in Gujarat. This marks a significant step in the company’s renewable energy expansion. The project received its commissioning certificate from Gujarat Energy Development Agency. This development comes as Coal India aims to increase its solar capacity. The company is working towards becoming a…
Reliance Industries plans refinery maintenance. Some units at its 660,000 barrels per day refinery will close for three to four weeks. This shutdown follows Nayara Energy’s operational resumption later this month. A senior petroleum ministry official confirmed the maintenance schedule. Reliance will undertake routine upkeep of a crude unit and other secondary units.
LPG sales saw a significant drop of 24 percent in May compared to last year. Meanwhile, petrol and diesel sales by state-run companies increased. Aviation fuel sales also showed growth. This indicates a shift in fuel consumption patterns. More comprehensive industry data will be available soon.
Aviation Turbine Fuel (ATF) prices saw a 7.3% reduction, while commercial LPG rates increased by ₹111 per cylinder. These revisions align with global fuel benchmarks. The ATF price cut aims to ease pressure on airlines, which rely heavily on fuel costs, while domestic LPG prices remain unchanged.
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.
Government has denied reports of increased petrol and diesel prices. A viral social media post claiming price hikes is fake. The Ministry of Petroleum and Natural Gas has issued no such order. Citizens are urged to rely on official government sources for accurate fuel pricing information. Avoid sharing unverified content to prevent confusion and panic.
The Union Cabinet, chaired by Narendra Modi, on Saturday approved a Sovereign Maritime Fund to provide insurance cover for Indian-flagged, India-bound and India-originating vessels. The move aims to strengthen maritime trade resilience, reduce reliance on foreign insurers, and safeguard shipping operations amid rising global uncertainties.
Indian refiners are making payments for Iranian oil using Chinese yuan. This is happening through ICICI Bank’s Shanghai office. Indian Oil and Reliance have bought shipments under a temporary U.S. sanctions waiver. This payment method has not been previously reported. India has also used yuan for Russian oil. The U.S. waiver on Iranian oil is…
India’s power market saw prices surge in late April. High demand, driven by heatwaves, pushed tariffs to the ₹20 per unit ceiling in non-solar hours. The Indian Energy Exchange data shows this trend. This high-price segment allows costlier power sources to meet demand. Peak demand reached a record 256 GW.