Tag

Energy

26 articles
India’s energy sector is undergoing significant transformation, driven by government initiatives and a growing focus on self-reliance. Total installed power capacity reached 552 GW in July 2026, with non-fossil sources now accounting for 54% of the total, supported by substantial investments in solar and wind energy. The government is further accelerating offshore hydrocarbon exploration with the launch of the ₹84,084 crore Samudra Manthan scheme, aiming to reduce import dependence and boost domestic production, while also targeting 100GW of nuclear capacity by 2047. These developments signal a strategic shift towards a more diversified and secure energy future, though challenges remain in navigating evolving geopolitical dynamics and ensuring consistent supply chains.
US Nat Gas Futures Up 3.2% to $2.78
September natural gas futures on NYMEX rose 8.6 cents (3.2%) to $2.78 per MMBtu after a prior session low. Brent crude oil breached $91 per barrel as the prospect of an Iran‑war settlement faded. Iran
Vish Wind Infrastructure LLP Appeal Adjourned
Supreme Court heard Civil Appeals 2541/2026 & 2542/2026 by Vish Wind Infrastructure LLP vs ADG Adjudication on 4 Aug 2026. Court directed filing of counter‑affidavit within ten days and set next heari
South Eastern Coal Fields Appeal Listed 25 Aug
Supreme Court heard a petition for leave to appeal filed by South Eastern Coal Fields Ltd and others against Sri Balaji Metals. The petition challenges the High Court's final judgment and order dated
India's Energy Capacity Reaches 552 GW with 54% Non-Fossil
India's total installed power capacity reached 552 GW in July 2026, with non-fossil sources accounting for 300.50 GW (54% of total). Coal production exceeded 1,040 MT in FY2025-26 while imports declin
India Launches ₹84,084 Crore Offshore Exploration Scheme
Government approves Samudra Manthan scheme with ₹84,084 crore Phase-I outlay through FY 2030-31 to boost offshore hydrocarbon exploration. Scheme targets adding over 600 MMTOE reserves and raising dom
India's Energy Capacity Reaches 552 GW with 54% Non-Fossil
India's total installed power capacity reached 552 GW in July 2026, with non-fossil sources accounting for 300.50 GW (54% of total). Coal production exceeded 1,040 MT in FY2025-26 while imports fell 2
India's Electric Vehicle Sales Surge 46x Since 2016
Government backgrounder details India's EV ecosystem growth with sales increasing 46 times from 50,000 units in 2016 to 2.3 million in 2025. Multiple policy schemes drive adoption including PM E-DRIVE
India Launches ₹84,084 Crore Offshore Hydrocarbon Exploration Scheme
Government approves Samudra Manthan scheme with ₹84,084 crore Phase-I outlay to accelerate offshore hydrocarbon exploration until FY 2030–31. Scheme targets adding over 600 MMTOE reserves and raising
Supreme Court Dismisses SECL SLP Petition
Supreme Court heard SLP (Civil) No. 41260/2026 on 14 Aug 2026 involving SECL Sub‑Area Manager vs Shakuntala Pathak & Ors. Court condoned delay, reviewed orders of the Central Government Industrial Tri
Hitachi Energy India Announces August 20 Investor Meet
Hitachi Energy India intimates BSE and NSE of a scheduled one-on-one analyst/investor meeting with Morgan Stanley on August 20, 2026. The in-person meeting will reference only publicly available docum
PM Modi Outlines Viksit Bharat 2047 Vision
PM Modi presents a comprehensive vision to transform India into a developed nation by 2047, citing 25 crore citizens lifted from poverty and economic transformation. Major policy announcements include
Agastya Energy Announces ₹7,800 Crore 12GW Solar Expansion
Agastya Green Energy announces ₹7,800 crore expansion into 12GW integrated ingot and wafer manufacturing in Kurnool, Andhra Pradesh. The project will create 3,500+ employment opportunities and complem
Neyveli Lignite Disciplinary Orders Quashed
Court set aside NLC's disciplinary orders dated 22 Jan 2009 and 24 Apr 2009 that removed petitioner A. Subramanian from service. Appointed District Judge P. Ganesan as Enquiry Officer to conduct fresh
Modi Outlines Viksit Bharat Roadmap with 100GW Nuclear Target
PM Modi's 80th Independence Day address outlined a comprehensive roadmap for Viksit Bharat with focus on self-reliance across sectors. Announced 100 gigawatts nuclear power capacity target and 8 new s
GAIL Appeals Kerala Judgment, Listed Oct 2026
Supreme Court listed GAIL (India) Ltd's Special Leave to Appeal petition for hearing on 13 Oct 2026. Petition stems from GAIL's challenge to the Kerala High Court's 28 Feb 2019 judgment in CRP No.586/
Ravindra Energy Re-appoints Shantanu Lath as CEO
Board re-appointed Shantanu Lath as Whole-Time Director & CEO for 3-year term effective August 11, 2026. Re-appointment is subject to shareholder approval at the upcoming Annual General Meeting. Mr. L
HPCL August 24 Virtual Goldman Sachs Conference
HPCL senior management to participate in Goldman Sachs India Energy Security & Grid Resilience Virtual Corporate Days on August 24, 2026. The virtual meeting is scheduled for Monday, August 24, 2026,
Genus Power Q1 FY27 Revenue Up 45% YoY
Genus Power reported Q1 FY27 revenue of ₹1,365 crore, a 45% YoY growth driven by smart metering project execution. Order book stands at ₹24,020 crore, providing strong medium to long-term revenue visi
Nava Q1 FY27 Total Income Hits ₹1,269 Crore
Nava Limited reported its highest-ever quarterly total income of ₹1,269 crore for Q1 FY27, with revenue from operations up 6.0% QoQ. Standalone PBT before exceptional items surged 92.9% QoQ driven by
Sterling Powergensys Q1 FY27 Net Loss ₹8.58 Lakh
Sterling Powergensys reported a Q1 FY27 net loss of ₹8.58 lakh, a decline from a net profit of ₹162.19 lakh in Q4 FY26. Revenue from operations fell sharply to ₹68.22 lakh in Q1 from ₹1705.50 lakh in
Praj Industries Q1 FY27 Consolidated Revenue Up 11.8% YoY
Praj Industries submitted its Q1 FY27 investor presentation showcasing unaudited financial results for the quarter ended June 30, 2026. Consolidated operational income grew 11.8% YoY to ₹7,158 Mn, tho
India Nuclear Power Projects 8000 MW Capacity Addition
Department of Atomic Energy details eight nuclear power projects under construction with total 8000 MW capacity addition. Rajasthan Atomic Power Project Unit 7 (700 MW) commenced commercial operation
ONGC Spuds First Mahanadi Basin Deepwater Well
ONGC commenced drilling exploratory well MN-DW18-1-H-D in Mahanadi Offshore Basin under Samudra Manthan Mission. India's eastern/western offshore basins hold estimated 5,600 MMTOE hydrocarbon potentia
Ravindra Energy Promoter Renounces 35.85 Lakh Rights
Khandepar Investments, a promoter of Ravindra Energy, renounced 35.85 lakh rights entitlements via an off-market transaction. The renunciation reduced Khandepar's rights entitlement holding from 32.33
Ravindra Energy Promoter Pledges 5.77 Crore Shares
Khandepar Investments Private Limited, a promoter of Ravindra Energy, pledged 5,77,08,844 shares on June 18, 2026. The disclosure is made pursuant to SEBI (Prohibition of Insider Trading) Regulations,
Government OFS of 3% Stake in NLC India
Ministry of Coal announces offer for sale of up to 3% paid-up equity in NLC India Limited through stock exchanges. Base offer size is 2.77 crore shares (2%) with green shoe option for additional 1.39