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State-run gas utility GAIL (India) Ltd plans to expand its natural gas pipeline network, diversify LNG sourcing and shipping, scale up petrochemicals and LPG infrastructure, and invest in clean-energy technologies as geopolitical disruptions underscore the need for greater energy security, the company's chairman said on Thursday. Addressing GAIL's 42nd annual general meeting, Deepak Gupta said the year had highlighted the growing importance of balancing energy security with the global shift toward cleaner fuels. "Energy security has become as important as energy transition," he said, pointing to geopolitical tensions in the Middle East and disruptions to LNG supply chains through the Strait of Hormuz that exposed vulnerabilities in global energy markets. "The resulting volatility in LNG prices, freight rates and supply availability reinforced the need for diversified sourcing, resilient infrastructure and flexible supply chains," he said. "At the same time, the global transition ...
Coal India on Tuesday said it plans to invest around Rs 1,900 crore on research and development activities by FY2030 in its efforts to increase mine productivity and cut emissions. With this move, the company also plans to commercialise cleaner coal technologies and explore alternate energy avenues in line with the evolving energy landscape. The company's R&D push gained traction in 202425 with the launch of the National Centre for Coal and Energy Research (NaCCER), organised on a hub-and-spoke model, CIL said in a BSE filing. Since then the company has moved beyond proof-of-concept work and is concentrating on prototype development at Technology Readiness Levels of 4 and higher. CIL's R&D expenditure increased four-fold to Rs 245 crore in 2024-25, from Rs 61 crore in 2023-24. At present, 19 R&D projects, with a total outlay of Rs 225 crore, are being executed by reputed scientific institutions under the direct oversight of NaCCER. In addition, 13 projects with pilot-scale
Waaree Energies on Monday said that it has got shareholders' approval to raise up to Rs 10,000 crore through the issuance of equity shares on a Qualified Institutions Placement basis. On April 29, the board of the company approved raising of up to Rs 10,000 crore through the issuance of equity shares, non-convertible debentures, along with warrants, any other eligible securities convertible into equity shares of the company, or any combination (collectively, securities) on Qualified Institutional Placement. According to a regulatory filing, the company got shareholders' approval to raise capital through a qualified institutions placement. The shareholders also approved the appointment of Jignesh Devchandbhai Rathod as a Whole-Time Director & CEO of the company. "...the resolutions as proposed in the postal ballot notice dated May 14, 2026, have been passed by the shareholders by remote e-voting process with requisite majority, on Saturday, June 13, 2026 (last date of remote ...
Oil India Ltd (OIL) and Canada's Petroleum Technology Research Centre (PTRC) have signed a collaboration framework to jointly explore carbon capture, geothermal energy and other clean energy technologies, the companies said. The agreement aims to deepen energy cooperation between India and Canada as both countries pursue energy transition and sustainability goals. The framework was signed on June 10 in Calgary between PTRC, a Saskatchewan-based not-for-profit energy research organisation, and OIL, a Maharatna public sector enterprise under India's Ministry of Petroleum and Natural Gas, the Indian firm said in a statement. The collaboration will focus on carbon capture, utilisation and storage (CCUS), geothermal energy, subsurface energy technologies, and innovation-led research, including engagement with mc2+, India's startup platform backed by the petroleum ministry. Areas of cooperation include utilisation and permanent storage of captured carbon dioxide through geological ...