Page 4 - Sudheer Pal Singh

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

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

L&T assesses opportunities in coal gasification amid energy transition

L&T says coal gasification aligns with its energy-transition strategy and will be evaluated selectively amid the government's push for cleaner use of domestic coal

Commercial LPG price rises ₹42; ATF for international airlines down 27%

Oil marketing companies have increased commercial LPG prices by Rs 42 per cylinder, while aviation turbine fuel for international airlines has been cut by 27 per cent

Need uniform policy for below-the-ground sector: Vedanta's Anil Agarwal

Vedanta chairman Anil Agarwal says the group's demerger will unlock massive growth, while urging India to liberalise mining and energy policies to boost domestic production

$360 bn infra push cuts India's logistics cost to 10% of GDP: Report

India's logistics cost has fallen to 10-10.7 per cent of GDP in FY26 from 13-14 per cent a decade ago, generating annual savings of up to $133 billion, says report

'Power consumers in India can save ₹2.5 trillion by doubling AC efficiency'

A UC Berkeley study says stricter air-conditioner efficiency standards can reduce peak power demand, lower electricity bills and help India avoid future power shortages

No blanket extension of ALMM list for solar cells beyond June 1, says MNRE

Under the existing framework for ALMM List-II for solar PV cells, net-metering projects and open-access projects commissioned before June 1, 2026, are exempt

ONGC selects BP arm to boost output from Western Offshore fields

ONGC has appointed BP Exploration Services India as technical service provider to enhance oil and gas production from Western Offshore fields through technology and operational improvements

UP signs ₹5,000 cr allotment letters with firms for Yeida development

The Uttar Pradesh government has handed over allotment letters for industrial projects across solar power, IT, electronics and railways in the YEIDA region

India eyes next leap in power transmission with 1,150 kV UHV integration

India is planning to integrate a 1,150 kV ultra high voltage transmission system into its power grid to support large-scale renewable energy expansion and long-distance power transfer

US nuclear industry to closely follow SHANTI Act implementation in India

American companies deepen talks with India on reactors, fuel tech, logistics, and project delivery

India's oil trade deficit set to balloon to new high in FY27: Crisil

Crisil expects India's oil trade deficit and current account deficit to widen sharply in FY27 as Brent crude prices rise amid the West Asia crisis

BII, CIP launch $300 million platform to support India's energy transition

British International Investment and Copenhagen Infrastructure Partners have launched a $300 million renewable energy platform focused on India's clean energy transition

Power ministry working on tariff redesign, tweaking fixed charges

The Centre is considering a national framework to rationalise fixed charges and redesign retail tariffs to improve cost recovery and reduce financial stress for discoms

CNG prices raised again as IGL hikes rates for second time in two days

The latest Re 1 per kg hike by IGL took CNG prices to Rs 80.09 per kg in Delhi, even as the company said the rise only marginally offsets higher input costs

India, UAE sign six agreements on LPG and strategic oil reserves

India and the UAE signed six agreements covering energy, defence and shipping, while UAE entities announced investments worth $5 billion in India

Modi's UAE visit secures $5 bn investments, key energy and defence pacts

India and the UAE signed multiple agreements on energy, defence, shipbuilding and AI cooperation, alongside investment commitments worth $5 billion

New Era Cleantech advances ₹20,000 crore coal-to-chemicals project

Company aims to complete financial closure and place EPC orders for the first phase of its Maharashtra coal gasification project by December 2026