Energy Sector

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

The country is hosting the fourth edition of IEW, bringing global energy ministers, industry leaders, policymakers, financial institutions, academia and technology providers on a common platform

SWELECT Energy Systems Ltd on Wednesday unveiled a new brand logo and the tagline 'Powering the World Responsibly' as it seeks to strengthen its presence in solar, energy storage, and integrated energy solutions, a company official said. The Chennai-based company also announced the launch of its NUMERGY product portfolio, a comprehensive range of Battery Energy Storage Systems (BESS) designed to meet the growing demand for reliable power across residential and commercial applications. In a press release, SWELECT Energy Systems Ltd founder and vice chairman R Chellappan said, "Our new identity reflects how far we have come and where we are headed. From building dependable power solutions under Numeric to focusing on clean energy through SWELECT, our core values remain the same-reliability, responsibility, and trust." The new logo and tagline signal a clear strategic direction as the company expands its presence in solar, energy storage, and integrated energy solutions, the release ..

India's compressed biogas sector has expanded rapidly in recent years, aided by policy support, blending mandates and investment, though challenges around feedstock and scale persist

2026 Davos summit: The five-day meeting, held under the theme "A Spirit of Dialogue," is expected to focus on economic resilience, AI, energy transition, and global risks

The three projects are expected to create around 66,248 direct and indirect employment opportunities, fostering livelihood generation and regional development in the coal-bearing areas