Tag
Energy
37 articles
Energy sector developments reveal a mixed landscape of growth, transition, and strategic shifts. Goldman Sachs anticipates modest earnings growth, particularly for commodity producers, supported by a favorable macro environment. Companies are actively pursuing expansion and investment, exemplified by Godawari Power's ₹150 crore investment in a battery energy storage system plant and BPCL's acquisition of IBV Brazil for ₹2,312 crore, signaling a focus on renewable energy and international assets. However, Vedanta Oil & Gas experienced a significant production decline, highlighting ongoing operational challenges. These developments suggest a sector navigating both opportunities and risks as it adapts to evolving energy demands and regulatory landscapes, potentially impacting investor outlooks.
Goldman Sachs Highlights 3 Risks, 11% Earnings Growth
Goldman Sachs says analysts will monitor energy shock transmission, Chinese competition, and AI-driven cost cuts during Europe's earnings season.
Over 90% of STOXX 600 market cap is set to report by e
Insolation Energy Shareholders Approve Director, ESOP Amendments
• Shareholders approved Mr. Anil Kumar Gupta's continuation as Non-Executive Independent Director with 99.95% votes in favor.
• Shareholders approved amendments to the Employee Stock Option Plan 2024
Godawari Power Invests ₹150 Crore in Subsidiary GNEPL
Godawari Power and Ispat Limited invested ₹150 crore in its wholly-owned subsidiary GNEPL for a battery energy storage system plant.
The investment was made via a rights allotment of 15 crore equity s
Gujarat Energy Postal Ballot for Director Appointments
Gujarat Energy Limited seeks shareholder approval via postal ballot for eight resolutions concerning director appointments and remuneration.
Key proposals include appointing three IAS officers as dire
Coal India UPRVUNL Renewable Energy JV Agreement
Coal India signed a JV agreement with U.P. Rajya Vidyut Utpadan Nigam for renewable energy projects in Uttar Pradesh.
The JV will develop solar, wind, pumped storage projects with 51% CIL and 49% UPRV
GE Power India Demerges Durgapur Unit to JSW Energy
GE Power India announces demerger of its loss-making Durgapur manufacturing unit to JSW Energy under a Scheme of Arrangement.
Shareholders to receive 10 JSW Energy shares for every 139 GEPIL shares he
Vedanta Oil & Gas Q1 Production Down 17% YoY
Vedanta Oil & Gas reported Q1 FY2027 gross operated production of 77.7 kboepd, down 17% YoY and 5% QoQ.
The company is advancing exploration drilling, enhanced oil recovery, and infill campaigns to ar
Thermax FY26 Profit Rises 13% with Special Dividend
Thermax reported 13% growth in standalone net profit to ₹649 crore and consolidated revenue of ₹10,694 crore for FY26, with strong order growth of 34.2%.
The company declared a total dividend of ₹20 p
Gujarat Energy IEPF Transfer Notice for Unclaimed Dividends
Gujarat Energy Limited issued a regulatory disclosure under SEBI Regulation 30 regarding transfer of unclaimed dividends and shares to IEPF.
The company notified shareholders that dividends unclaimed
MRPL Appoints ONGC Nominee Satyan Kumar Director
MRPL appointed Satyan Kumar as Director on the board effective July 2, 2026.
Kumar is an ONGC nominee with over 36 years of oil and gas industry experience.
The appointment complies with Companies Act
KPI Green Energy Grants 75,000 Employee Stock Options
KPI Green Energy's Compensation Committee granted 75,000 stock options to an eligible employee under its ESOP 2023 plan on July 3, 2026.
The options have an exercise price of ₹35 per share and will ve
South Eastern Coalfields Petition Adjourned Two Weeks
Supreme Court heard Special Leave Petition by South Eastern Coalfields Ltd and others against Sunil Das on 2 July 2026.
Petition seeks condonation of delay in refiling, exemption from filing copy of j
IEX Q1FY27 Electricity Volume Up 15.9% YoY
IEX traded 37.5 BU electricity in Q1FY27, a 15.9% YoY growth, with RTM volume up 23.5% to 16.0 BU.
Market Clearing Prices rose significantly, with DAM at Rs 5.1/unit (up 15.7% YoY) and RTM at Rs 4.5/u
BPCL Acquires 100% Stake in IBV Brazil for ₹2,312 Cr
BPCL's step-down subsidiary BPRL Ventures BV acquired full 100% ownership in IBV Brazil Petroleo Limitada for ₹2,312 crores in cash.
The acquisition, completed on July 1, 2026, provides BPCL access to
Adani Energy Solutions EGM Approves ₹10,000 Crore Fundraise
Adani Energy Solutions calls EGM on July 25, 2026 to seek shareholder approval for raising up to ₹10,000 crore through equity and securities issuance.
Funds will be raised via QIP, FPO, preferential a
Premier Energies Incorporates Battery Storage Subsidiary
Premier Energies board approved incorporation of a wholly owned subsidiary with ₹10 lakh authorized capital for battery energy storage business.
The company will subscribe to 50,000 equity shares wort
Chhattisgarh Power Distribution Writ Dismissed Infructuous
The High Court of Chhattisgarh dismissed the writ petition filed by Ajit Kour Bagga against the State Power Distribution Company.
The petition was deemed infructuous due to subsequent developments, le
CLN Energy Director & COO Resigns Effective June 30
CLN Energy Ltd's Board accepted the resignation of Whole-time Director and COO Manish Shah, effective June 30, 2026.
The resignation was submitted on June 30, 2026, citing personal commitments and pre
CLN Energy Appoints Rahul Bhatnagar Executive Director
CLN Energy Ltd appointed Rahul Bhatnagar as Additional Executive Director effective July 1, 2026, based on board approval.
The appointment is subject to shareholder approval at the ensuing General Mee
Ratnagiri Gas vs National Insurance: 4‑Week Adjournment
Supreme Court heard Civil Appeal No.12489/2017 between Ratnagiri Gas & Power Pvt Ltd and National Insurance Co Ltd on 1 July 2026.
The appellant sought permission to file additional documents, facts,
Sterling and Wilson Solar Australia Auditor Resignation
Moore Australia Audit resigned as auditor of Sterling and Wilson Solar Australia due to fee disagreement effective July 1, 2026.
William Buck Audit appointed as new auditor for the material subsidiary
Adani Energy Solutions Appoints New Chief People Officer
Adani Energy Solutions announces cessation of Chief People Officer Mr. Samir Prakash effective July 01, 2026 due to organizational restructuring.
The company appoints Mr. Pramath Nath as new Chief Peo
GE Power India JSW Energy Scheme Investor Meets
GE Power India schedules investor meets on July 6 and 10, 2026 to discuss its scheme of arrangement with JSW Energy.
Meetings will be conducted via audio conference and webcast, with presentations hos
India Core Industries Growth Slows to 0.5% in May 2026
• Government releases provisional Eight Core Industries Index data showing 0.5% YoY growth in May 2026.
• Steel, cement, and electricity production grew 5.0%, 8.4%, and 8.7% respectively, while coal,
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
HOEC Q4 FY26 Earnings Call Transcript
HOEC management presented Q4 and FY26 results, outlining a 3-year plan to boost production from 1.5k to 32k BOE/day by 2029.
Key challenges included a reversed INR 260 crore HPCL crude sale and pipeli
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,
Midwest Energy Audited FY26 Results with Qualified Opinion
Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, pursuant to SEBI Regulations 30 and 33.
Statutory auditors issued a qualified opinion due to in
HOEC Q4FY26 Earnings Presentation Production Updates
HOEC reported Q4FY26 consolidated net profit of INR 7.78 crore and standalone net profit of INR 30.40 crore, with negative revenue due to inventory build-up.
The company provided asset-wise updates, h
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
HOEC Q4 FY26 Earnings Call on June 12
HOEC schedules earnings call for June 12, 2026, to discuss audited Q4 and FY26 results.
Management participants include MD & CEO Baroruchi Mishra and CFO Allen Joseph Andrade.
The call details include
Ravindra Energy Insider Sells 500,000 Shares
• Ravindra Energy Ltd discloses a connected person's sale of 500,000 equity shares under SEBI insider trading regulations.
• The disclosure was made by Mr. Shailesh Nandkishor Rojekar, a connected per
Ravindra Energy Promoter Revokes 55 Lakh Share Pledge
Khandepar Investments, a promoter of Ravindra Energy, revoked pledge on 55 lakh equity shares due to loan repayment.
Disclosure made under SEBI PIT Regulations 7(2) and 6(2) for continual reporting of
Oil India Dandewala Gas Discovery 25000 SCMD
Oil India announced a new natural gas discovery in its Dandewala Field in Rajasthan.
The well recorded an average inflow of 25,000 SCMD from a depth of approximately 950 meters.
Preliminary estimates
JSW Energy Sells 2.5 Crore JSW Steel Shares
JSW Energy divested 2.5 crore equity shares of JSW Steel Ltd via a bulk deal on NSE on 18th May 2026.
The transaction generated gross proceeds of ₹3,150 Crores for strategic liquidity and capital allo
Ravindra Energy CEO Shantanu Lath Exercises 70,000 ESOPs
Ravindra Energy discloses CEO Shantanu Lath's acquisition of 70,000 equity shares via ESOP exercise on May 2, 2026.
The transaction was executed at an exercise price of ₹100 per share, totaling ₹70 la
Oil India Libya Block 95/96 Hydrocarbon Discovery
Oil India Limited announces a new gas and oil discovery in its overseas Block Area 95/96 in Libya's Ghadames Basin.
The discovery is the fifth in the block, confirmed by Libya's National Oil Corporati