WebinarsNew
Deep DiveNew
Explore Business Standard
India must add nearly 2,000 gigawatts of new power generation capacity over the next two decades to meet rising energy demand while reducing dependence on imported fuels, Adani Green Energy Executive Director Sagar Adani said, calling electrification the country's clearest pathway to energy security. Speaking at the inaugural Adani Green Electrification Dialogue here, Adani said India faces the dual challenge of meeting surging electricity demand while ensuring energy remains affordable, accessible and increasingly clean amid growing geopolitical uncertainty. "We are talking about a structural leap, adding nearly 2,000 gigawatts of new capacity over the next two decades. All while ensuring that this energy remains affordable, accessible, and increasingly clean. That is the scale of the opportunity. And that is India's defining challenge," he said. Adani said India consumed about 10,000 terawatt-hours of energy across all fuel sources in 2024, compared with 32,810 terawatt-hours in .
Global energy transition readiness has declined for the first time in more than a decade amid a surge in geopolitical risks, but India has registered one of the strongest improvements, a new report showed on Thursday. Sweden, Finland and Denmark retained their top three positions globally on the World Economic Forum's Energy Transition Index 2026, while India advanced two places to rank 70th. "India was one of the strongest improvers globally in the Energy Transition Index 2026, recording one of the largest gains in transition readiness and strengthening its position as a key player in the next phase of the global energy transition," the WEF said. It attributed India's improvement to stronger energy transition readiness and broad-based system gains, driven by a sharp rise in infrastructure, alongside improvements in equity, sustainability and financial investment. The proportion of low-carbon jobs increased by 24 per cent in India in 2024, as renewable energy jobs reached 1.3 milli
Bio-energy is emerging as a key pillar of India's green growth strategy and is set to play a crucial role in the country's energy transition, Trade Promotion Council of India (TPCI) said on Sunday. The council, on June 12, gathered policymakers, diplomats, industry leaders, energy experts, innovators, and stakeholders from across the bio-energy ecosystem to deliberate on strategies for accelerating India's transition towards sustainable and energy-secure growth. It said that the council has constituted a Bio-Energy Committee to bring together stakeholders across the sector, facilitate dialogue on policy and regulatory reforms, and recommend frameworks to accelerate adoption and unlock investment potential. "Our goal is to strengthen India's bio-energy ecosystem and align industry priorities with our national climate commitments, including the pledge to achieve net-zero emissions. Now is the time. Collaboration will be the key. Government, industry, and academia must work together to
Chief economic advisor V Anantha Nageswaran on Friday said managing Macroeconomic fundamentals like the balance of payments and current account deficit has assumed a larger priority for the government right now as the West Asia conflict has triggered a massive global energy shock. Speaking at an event on securitisation, Nageswaran said the West Asia conflict has led to a "energy shock" where the prices have moved north after the supply impact due to issues in the Strait of Hormuz. "In the current context of having to deal with the energy price, energy shock, current account deficit (CAD) and the balance of payments (BoP), etc. These, therefore, have assumed a much larger priority, urgency at this point," Nageswaran said. Refraining from giving any policy prescriptions on the securitisation front, Nageswaran stressed that the financial market has to keep up with the activity in the real sector and reminded that it was the extra focus on derivative products which led to the Global ...
India's energy investment is set to reach a record USD 170 billion in 2026, driven by rapid expansion in solar power and oil refining as the country accelerates efforts to meet rising energy demand and strengthen infrastructure for its clean energy transition. The International Energy Agency (IEA), in its World Energy Investment 2026 report, said energy investment in India has grown at an average annual rate of 11 per cent over the past five years, with solar photovoltaic (PV) investment rising 25 per cent annually and oil refining investment growing 23 per cent over the same period. Together, the two sectors accounted for roughly a quarter of the increase in overall energy spending. The surge in refining investment has put India on track to expand refining capacity by nearly 15 per cent by 2030, even as the country remains heavily dependent on imported crude oil, the report said. Upstream oil and gas investment, however, has contracted by an average of 7 per cent annually since 20
Siemens Energy India Ltd (SEIL) on Thursday posted 52.4 per cent rise in net profit at Rs 375 crore for March quarter. It had reported a net profit of Rs 246 crore in the same quarter a year ago, the company said in a statement. Revenue from operations rose 27.4 per cent to Rs 2,394 crore from Rs 1,880 crore in the year-ago period. Siemens Energy India follows October to September as its financial year. "We delivered another strong quarter with a focus on profitable growth and value creation. Despite current global scenario, the company kept its high performance through disciplined execution of its healthy backlog," Managing Director and Chief Executive Officer Guilherme Mendonca said. Demand momentum in India remains strong, driven by electrification, decarbonization and energy security priorities, as well as export opportunities, he added. SEIL provides solutions across the entire energy value chain from power and heat generation, transmission to storage.