Energy Sector

Andhra Pradesh Chief Secretary K Vijayanand on Saturday directed power Distribution Companies to expedite the Revamped Distribution Sector Scheme loss reduction works, observing that a measurable reduction in aggregate technical and commercial losses is critical for the financial sustainability of power utilities. During a review meeting, the chief secretary noted that the southern state is according high priority to Revamped Distribution Sector Scheme (RDSS) implementation to ensure financial viability of DISCOMs, reduce aggregate technical and commercial (AT & C) losses and reliable power supply to all consumer categories. Andhra Pradesh Southern Power Distribution Company Ltd (APSPDCL), Andhra Pradesh Central Power Distribution Corporation Ltd (APCPDCL) and Andhra Pradesh Eastern Power Distribution Company Ltd (APEPDCL) are the three DISCOMs. "Expedite RDSS loss reduction works and ensure time-bound completion with strict quality controlmeasurable reduction in aggregate ...

After Goyal sidestepped a query on Russian oil imports, MEA said energy security for 1.4 billion people remains India's top priority

The India-US Interim Agreement framework will support Indian MSMEs in integrating into global value chains and lower costs for businesses and consumers, Finance Minister Nirmala Sitharaman said on Saturday. As part of the framework announced last night, both countries will reduce import duties on a number of goods to boost two-way trade. While the US will reduce tariffs on Indian goods to 18 per cent from the present 50 per cent, India will eliminate or cut down import duties on all US industrial goods and a wide range of American food and agricultural products, including dried distillers' grains, red sorghum for animal feed, tree nuts, fresh and processed fruit, soybean oil, wine and spirits. According to a joint statement, India has expressed its intention to purchase USD 500 billion of US energy products, aircraft and aircraft parts, precious metals, technology products and coking coal over the next five years. "India has safeguarded the sensitivities of its agriculture and anim

India has expressed intent to import $500 billion worth of energy, minerals, technology products and aircraft parts from the US over five years under an interim trade agreement

OALP-X is the largest bid round so far, offering 25 blocks spread over thirteen sedimentary basins, covering an area of 1.82 lakh sq km

India said Venezuela has been a long-standing energy partner and New Delhi remains open to exploring crude supply options based on commercial merit, even as energy security stays the top priority

Suzlon Energy posted a 15% rise in Q3 net profit and record deliveries, signalling strong demand for wind power despite a dip in its share price

India's ambition to maintain high economic growth is closely linked to long-term energy security, Consul General D C Manjunath said, underlining the importance of dialogue and cooperation with the US industry to ensure reliable and affordable energy supplies, while advancing cleaner technologies and innovation. The Consulate General of India (CGI) in Houston on February 4 convened a high-level USIndia Energy Roundtable on the Global Energy Outlook 2026 at its office here, in partnership with the US-India Strategic Partnership Forum (USISPF). The closed-door meeting brought together over 30 senior executives from global energy, engineering, and technology firms, including ExxonMobil, Chevron, Honeywell, GAIL, Larsen & Toubro, Weatherford, LanzaTech, S&P Global, McKinsey, and the Society of Petroleum Engineers. The Consulate General of India said the roundtable was part of its ongoing effort to provide a platform for dialogue between policymakers and industry leaders on shared ..

Union Budget 2026-27 lays out a long-term energy strategy focused on decarbonisation and supply chain resilience through CCUS funding, nuclear incentives, battery storage support, logistics upgrades

An expert report to the 16th Finance Commission suggests inflation-linked power tariff hikes could ensure timely revenue recovery for discoms and help consumers avoid sharp increases

Cross-subsidisation involves charging higher tariffs to industrial and commercial power consumers to offset lower tariffs for domestic and agricultural users

India keeps coal central to energy security while expanding renewables, nuclear, and solar manufacturing, balancing climate action with equity and grid stability

Indian Oil aims to increase refining capacity to 98.4 MTPA by 2028

Cross-subsidisation involves charging higher tariffs to industrial and commercial power consumers to offset lower tariffs for domestic and agricultural users

Rajasthan is developing a 6,000 MWh battery storage system and scaling solar, transmission and digitisation to ensure reliable power supply for farmers and future demand

JM Financial has initiated coverage on Thermax with a 'Reduce' rating and a sum-of-the-parts target price of ₹2,700

Prime minister says pact covers a quarter of global GDP as India builds export-oriented energy ecosystem

India will need to mobilise average annual investments of about USD 145 billion in its energy sector to bridge the gap between sustained economic growth and its net-zero ambitions, Wood Mackenzie said on Tuesday, outlining a critical pathway to maintain around 6 per cent GDP growth through 2035 while advancing the energy transition. Speaking at India Energy Week 2026, Joshua Ngu, Vice Chairman, Asia Pacific at Wood Mackenzie, said capital deployment must be strategically focused on power generation, energy storage and urgent grid modernisation to support India's expanding economy and decarbonisation goals. "India's next decade is decisive," Ngu said. "The challenge is a dual mandate: India must de-risk its immediate energy security while simultaneously building the low-carbon architecture required to support a top-tier global economy. Today's investment choices will determine whether the country locks in carbon-intensive infrastructure or leads the world in low-carbon ...

The renewed push marks one of Prime Minister Mark Carney's major efforts to diversify Canada's export markets at a time of escalating trade tensions with the US

Prime Minister Narendra Modi on Tuesday said India's energy sector offers USD 500 billion investment opportunities and urged global investors to invest in the country. Addressing the India Energy Week 2026, he said, "India is a land of opportunities for the energy sector as demand is continuously increasing India will soon become the world's largest oil refining hub" The Prime Minister said the nation is targeting USD 100 billion investments in the oil and gas sector by 2030, and the oil refining capacity will be expanded from 260 million tonnes per annum to 300 MTPA. He said that India is riding the reforms express and undertaking reforms across sectors. Modi said the India-EU Free Trade Agreement complements the India-UK trade deal, as it will boost the manufacturing sector and support services. He said people are discussing the India-EU trade deal as the "mother of all deals" and this agreement has brought a lot of opportunities for 140 crore Indians as well as Europeans. Thi