Tag
Energy
29 articles
India’s energy sector faces a mixed landscape of production challenges and growth opportunities. Vedanta Oil & Gas reported a significant 19% year-over-year decline in Q2 production, attributed to natural decline and legal disputes, while Vedanta Power saw a 26% increase in sales driven by strong performance at its Meenakashi Energy and Jharsuguda plants. Coal India, however, demonstrated positive momentum with a 9.2% rise in September production and a 12.5% increase in off-take, signaling continued demand. These developments, alongside regulatory discussions around energy security reforms and the upcoming India Energy Week in Kolkata, highlight the sector's ongoing transition and the need for strategic investments to address both supply-side constraints and evolving energy demands.
Vedanta Oil & Gas Q2 Production Down 19% YoY
Vedanta Oil & Gas reported Q2 FY27 gross operated production of 72.2 kboepd, down 19% YoY and 7% QoQ.
Production declined across all key assets including Rajasthan (-15% YoY) and Cambay (-83% YoY) due
Vedanta Power Q2 Sales Up 26% YoY
Vedanta Power reported Q2 FY27 power sales of 5,593 million units, a 26% increase year-over-year.
Meenakshi Energy sales surged 111% YoY to 1,470 million units, while Jharsuguda plant sales grew 186%.
Gujarat Energy Appeal Stay, 4‑Week Respondent Deadline
Supreme Court heard Special Leave to Appeal (C) No. 27108/2026 on 1 Oct 2026 involving Gujarat Energy Ltd and PMP Infratech Ltd.
Court granted respondent counsel four weeks to file vakalatnama and cou
Petronet LNG Appoints Sanjay Kumar as MD & CEO
Petronet LNG Board appointed Sanjay Kumar as Managing Director & CEO effective 13th May 2027.
Appointment was approved on 2nd October 2026 based on Nomination and Remuneration Committee recommendation
Rajiv Gauba PNGRB Speech on Energy Security Reforms
Cabinet Secretary Rajiv Gauba addressed PNGRB's 20th Foundation Day, emphasizing regulation and market reforms for India's energy security.
He highlighted PNGRB's role in creating open access pipeline
Solarworld Energy Solutions 13th AGM Voting Results
Solarworld Energy Solutions disclosed voting results for its 13th AGM held on September 30, 2026 via video conference.
All seven resolutions were passed with overwhelming approval, including financial
KP Energy Group CEO Alok Das Resigns
Dr. Alok Das resigned as Group CEO of KP Energy effective October 1, 2026, citing personal reasons.
The resignation was disclosed pursuant to SEBI Listing Regulations with all required documentation s
MRPL Announces ₹1.2 Crore Support for Fire Victim Family
MRPL expresses grief and extends condolences for the death of Shri Manish Karkada in a Coker Hydrotreater Unit fire incident on 30 September 2026.
The company will provide ₹90 lakh financial support p
MRPL Withdraws Export Tenders After Fire Incident
MRPL confirms withdrawal of fuel export tenders due to fire incident anticipating potential operational disruption.
Company states the tender cancellation had no material impact on commercial operatio
Gujarat Energy 14th AGM Voting Results Approval
Gujarat Energy Limited disclosed voting results for its 14th Annual General Meeting held on September 29, 2026.
All five proposed resolutions were approved with overwhelming majority support, includin
SWELECTES Appoints Pradeep Kumar Madhur Chief Business Officer
SWELECT Energy Systems appointed Mr. Pradeep Kumar Madhur as Chief Business Officer, a Senior Management Personnel role, effective October 1, 2026.
Mr. Madhur brings 17+ years in energy/power infrastr
Coal India September E-auction Allocates 93.64 Lakh Tonnes
Coal India Ltd discloses provisional SWMA e-auction data for Sep'26 and cumulative Apr-Sep'26 period as per SEBI LODR.
For Sep'26, CIL offered 130.19L tonnes via e-auction, achieving 72% allocation wi
Coal India September Production Up 9.2% Off-take Rises 12.5%
Coal India reports provisional September production of 53.5 million tonnes, a 9.2% YoY increase, and off-take of 61.2 million tonnes, up 12.5% YoY.
Cumulative April-September production declined 2.5%
HPCL Executive Director Superannuates Effective October 1
Hindustan Petroleum Corporation Ltd (HPCL) informs exchanges of a senior management change effective October 1, 2026.
Shri N Baladhandayuthapani, Executive Director - Special Projects (CPO Transformat
Bharat Coking Coal SLP Adjourned to Nov 2026
Supreme Court heard SLP (C) No.3263/2022 filed by Bharat Coking Coal Ltd and anr against Tribhuvan Carrier Pvt Ltd.
Hearing took place on 29‑09‑2026 before Justices K.V. Viswanathan and Arun Palli, wi
Jharkhand HC Dismisses Civil Revision for Default
The High Court of Jharkhand dismissed Civil Revision No. 39 of 2026 for default after the petitioner failed to appear.
The dismissal follows non‑compliance with the Court’s earlier order dated 5 Augus
XL Energy 39th AGM Proceedings on 30 September 2026
XL Energy held its 39th AGM virtually on 30 September 2026 to transact five resolutions including financial statement adoption and director appointments.
The meeting provided updates on the implementa
GMDC 63rd AGM Approves Rs 9.50 Dividend
GMDC held its 63rd AGM on 30th September 2026 via video conferencing to approve financial statements and business resolutions.
Shareholders approved a dividend of Rs 9.50 per equity share (@475%) for
India Core Industries Growth Slows to 4.8% in August 2026
Provisional Index of Core Industries shows 4.8% YoY growth in August 2026, slightly lower than July's revised 5.0% growth.
Cement, electricity, and iron ore were top performers with 12.5%, 11.6%, and
India Energy Week 2027 Hosted in Kolkata
Kolkata announced as host city for India Energy Week 2027 from January 28-31, marking the event's first edition in Eastern India.
Event expects 75,000+ energy professionals and 700+ international exhi
Dr. Jitendra Singh on Critical Minerals for Energy Security
Union Minister Dr Jitendra Singh emphasized critical minerals' role in India's energy security, industrial competitiveness, and national security at CII summit.
India is opening its nuclear sector to
Dr. Jitendra Singh Outlines India's Energy Security Strategy
Union Minister Dr. Jitendra Singh emphasized that energy security is integral to national security and economic resilience, calling for a self-reliant and technology-advanced energy sector.
The govern
ONGC Strikes Gas in Mahanadi Deepwater Well
ONGC discovered gas at deepwater well MN-DW18-1-H-D in Mahanadi Offshore Basin at 1,441-1,452 meter interval.
The well located 43 km off Konark offers potential for early monetization subject to furth
Midwest Energy Limited FY26 ₹12.61 Crore Loss Post Merger
Midwest Energy Limited reported a consolidated net loss of ₹12.61 crore for FY26 despite standalone profitability, following its merger with Midwest Energy Private Limited and corporate restructuring.
Gujarat Natural Resources FY26 Profit Surge, Stock Split Proposal
Gujarat Natural Resources reported a significant turnaround with FY26 net profit of ₹986.57 lakh versus previous year's ₹376.03 lakh loss.
The company proposes a 1:10 stock split and seeks approval fo
Pagaria Energy FY26 Net Loss of ₹45 Lakh
Pagaria Energy reported a net loss of ₹45.02 lakh for FY 2025-26, a significant decline from a ₹6.15 lakh profit in the prior year.
The company will hold its 35th AGM on September 30, 2026, via video
Ravindra Energy Promoter Pledges 3 Million Shares
Promoter Narendra Murkumbi created a pledge on 3 million equity shares of Ravindra Energy Limited on August 20, 2026.
The pledge was created off-market with a disclosed value of ₹5,00,13,000 and repre
Khandepar Investments Pledges 1.87M Ravindra Energy Shares
Khandepar Investments Private Limited, a promoter entity, created a pledge on 1,870,800 equity shares of Ravindra Energy Limited.
The pledge, valued at ₹31.18 crore, was executed off-market on August
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