Energy Sector

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

The 140-year-old concept known as district cooling is taking root in Singapore, where temperatures are rising twice as fast as the global average and sharpening the focus on climate adaptation

The company's 'Suzlon 2.0' strategy signals a shift towards integrated clean energy solutions as India prepares for its next phase of renewable growth

Oil India Limited has reported a second natural gas presence in its Andaman offshore block, strengthening prospects for future hydrocarbon exploration in the region

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 ...

The IEA said India's energy investment growth has been driven by solar, coal, transmission and battery storage infrastructure expansion

Cooperation in areas like Open Radio Access Network (RAN), digital supply chain resilience, artificial intelligence, next-generation agriculture, and food security is also deepening its focus on geoec

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

India's carbon market framework is moving towards implementation under the CCTS, but experts warn that verification gaps, weak penalties and limited sectoral coverage remain major concerns

The state-run upstream companies have invested over $0.5 billion in seismic data acquisition in the last eight years

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.

Prime Minister Narendra Modi's UAE stopover will focus on energy cooperation and Fujairah as India seeks alternatives to the Strait of Hormuz route

Billionaire Gautam Adani said on Monday that energy security and digital infrastructure would define geopolitical power in the coming decades, as he called on India to build sovereign capabilities across the artificial intelligence value chain. Addressing the Confederation of Indian Industry's (CII) Annual Business Summit 2026, the chairman of the Adani Group said the assumptions underpinning decades of globalisation were being dismantled amid rising geopolitical fragmentation. "The world that is emerging is not flat. It is fractured and contested," Adani said. "Semiconductors have become instruments of statecraft. Data is being treated as a national resource. Clouds are being weaponised. And Artificial Intelligence is being built behind the protective walls of data centres." Referring to recent geopolitical conflicts and attacks on infrastructure, Adani said "energy security and digital security are now the twin pillars of national power." "The country that controls its energy wil

Rising import dependence and supply disruptions amid West Asia tensions underscore the urgency for India to build strategic natural gas reserves and strengthen LNG storage capacity

India's state-run oil marketing companies have bled an estimated Rs 30,000 crore in losses since mid-March as they kept fuel and LPG supplies flowing without raising retail prices despite facing an energy disruption that is bigger than all previous crises combined. Indian Oil Corporation Ltd (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) have maintained uninterrupted supplies of petrol, diesel, LPG, aviation turbine fuel and other petroleum products since the start of the West Asia conflict, without raising retail prices despite a more than 50 per cent surge in input costs. Their supply networks were stretched to the limit, as panic buying triggered a sharp spike in demand after the war disrupted traffic through the Strait of Hormuz, a key route for the majority of India's energy imports. Yet there was no dry out or price increase. In doing so, the three companies together incurred an estimated Rs 30,000 crore in under-recoveries - the

Series B funding led by GEF Capital to support power management systems, expand AMI operations, and drive international growth beyond India's energy markets

It has pitched for rolling out 60 lakh new PNG connections by June, states mandating PNG in all new buildings and reduction on Value Added Tax on PNG

India's solar boom has exposed grid and storage challenges, making it essential to scale up concentrated solar thermal power alongside batteries and pump storage for reliable round-the-clock energy

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Monday met Dave Ernsberger, President of S & P Global, and discussed global energy trends, supply resilience, and India's ongoing transition towards sustainable energy sources.In a post on X, Puri said, "Had a productive meeting with Dave Ernsberger, President, S & P Global. Our discussions centered on the demand supply situation in global energy markets and ways to build resilient energy supply chains. India is moving aggressively on Green Hydrogen, biofuel blending, and a range of alternative fuels, while simultaneously accelerating domestic exploration and production efforts."He added that these initiatives are aimed at building "a resilient, sustainable, and future-ready energy ecosystem for the nation," highlighting India's dual approach of strengthening conventional energy production while expanding clean energy alternatives.Earlier, Pushkar Singh Dhami met Puri at Kartavya Bhavan in New Delhi and raised .

Brookfield-backed Evren raises $600 million for hybrid renewable project integrating solar, wind and storage to supply 300 MW power to NTPC under PPA