Page 2 - Sudheer Pal Singh

NHAI launches Rajasthan's first multi-lane free flow tolling system

The barrier-free tolling system at Daulatpura on NH-48 uses ANPR and FASTag technologies to enable seamless travel and reduce waiting time for commuters

OMCs incur ₹22,000 crore LPG under-recoveries amid West Asia crisis

Higher global LPG prices and limited pass-through to household consumers have resulted in Rs 22,000 crore of under-recoveries for oil marketing companies since March

Rationalised royalty rates aim to cut costs, boost oil and gas exploration

In a bid to simplify the structure, the government has also introduced a flat deduction formula for wellhead price calculations

India needs to diversify crude import routes more: S&P Global Energy

The West Asia crisis has exposed India's import-linked energy security risks, making diversified crude routes and deeper storage buffers more urgent, S&P said

Can E85 fuel become the breakthrough for India's ethanol blending goals?

The launch of E85 fuel and flex-fuel vehicles has revived debate on the future of ethanol blending in India, but questions remain over incentives, infrastructure and consumer acceptance

Essar, IRH Global sign $500 million crude sourcing and supply facility

The agreement is aimed at diversifying crude sourcing, strengthening feedstock security and improving working-capital efficiency for Essar's refining operations

India's first fly ash-rare earth tender to be awarded in two months

The state-run miner plans to award a pilot project for extracting rare earth elements from fly ash within two months, potentially opening a new domestic source of critical minerals

AM Green, VOC Port sign MoU for ₹2,000-crore green ammonia bunkering hub

The project aims to develop 200 KTPA of green ammonia marine bunkering capacity by 2029-30, with plans to scale up capacity and investment over the next decade

Oil prices could reach $150 if war with Iran heats up again: Rystad Energy

Rystad Energy has warned that renewed hostilities between the US and Iran could drive crude prices sharply higher as supply disruptions deepen across the Gulf region

India-US energy ties can help achieve $500 bn trade goal by 2030: Report

A USIBC-Grant Thornton Bharat report highlights opportunities across LNG, crude oil and petrochemicals to deepen trade, investment and energy security ties

Heatwaves, urbanisation drive record power demand, reshape energy planning

A record peak demand of 271 GW in May underscores the growing impact of heatwaves, urbanisation and electrification, while raising fresh questions about grid resilience and energy planning

Royalty rate cuts aim to reduce costs, boost oil and gas exploration

While lower royalties are expected to improve project viability and attract investment, concerns remain over poor prospectivity data, limited discoveries, and competition from more attractive regions

India's green hydrogen market at an inflexion point: IFC exec Fakhoury

India's green hydrogen sector has reached a tipping point, says IFC, as improving economics, policy support and rising industrial demand drive market growth

Oil Marketing Companies losing ₹700 per cylinder despite price hikes: Govt

Domestic LPG cylinder price raised by ₹29

Hardeep Puri launches E85 fuel; to be 20% cheaper than E20 petrol

E85 fuel will initially be available at 48 outlets and is planned to reach 5,000 retail pumps by December 2027, supporting higher ethanol blending levels

Oil India reports second presence of natural gas in Andaman Offshore

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

NTPC floats EoI for flexible thermal generation to balance renewable power

State-run NTPC seeks technology providers and EPC partners to develop flexible thermal power units capable of supporting renewable energy integration and grid stability

IFC, Siemens, Fullerton to invest $105 mn in green hydrogen firm Hygenco

IFC, Siemens Financial Services and Fullerton Carbon Action Fund back Hygenco with $105 million to accelerate green hydrogen and green ammonia projects in India

Ramky Infra eyes ₹6,000 crore orders in FY27, explores carbon capture

The infrastructure company expects growth from wastewater treatment, industrial parks and circular economy projects while evaluating opportunities in carbon capture

Fuel price hikes could add up to 48 bps to inflation, warns Crisil

Crisil said cumulative increases in petrol and diesel prices could approach Rs 10 per litre, raising transport costs and exerting upward pressure on both food and core inflation