Page 7 - Sudheer Pal Singh

New coal exchange rules set to regulate trading, formalise market structure

The Coal Exchange Rules establish a framework for electronic coal trading, transparent price discovery and stronger governance, marking a major shift in India's coal market

Govt says reports on E20 blending submissions before SC are incorrect

Ministry says reports misrepresented the Attorney General's submissions before the Supreme Court on ethanol allocation and stressed the national E20 programme was never described as an experiment

Mining sector at crossroads: Moving beyond allocation towards execution

India's mining sector has seen major reforms over the past decade, but weak exploration, slow approvals and delayed project execution continue to hold back investment and output

Global LNG trade could remain flat in 2026, says Shell Energy Outlook

Shell says normal shipping through the Strait of Hormuz could keep global LNG trade flat in 2026, with growth expected to resume in 2027 as new supply comes online

Andhra Pradesh to allocate land for ₹20K crore rare-earth projects

Of the total, around Rs 16,000 crore is expected to come from upstream processing projects, while downstream magnet manufacturing could account for another Rs 4,000 crore

Planning to develop 11K Mw pumped storage capacity: Deepak Thakur

Hinduja Renewables plans to scale capacity to 10 GW by 2030, betting on solar, wind, hybrids and pumped storage to drive its next phase of growth

UP CM lays foundation for SAEL's ₹8,200 crore solar manufacturing unit

The integrated 10 GW facility will manufacture solar cells and modules, create 20,000 jobs, and strengthen India's domestic solar supply chain

$24.6 bn clean energy financial flows to developing nations in 2024: UN rpt

International public financial flows for clean energy reached $24.6 billion in 2024, while progress on electricity access and clean cooking remained too slow to meet SDG 7 targets

Panasonic's battery manufacturing unit fears shutdown over waste rules

The company says compliance costs under the Battery Waste Management Rules could exceed profits, threatening the viability of its dry-cell battery manufacturing business in India

Improve speed of doing business, says CII's president R Mukundan

CII has asked the govt to implement reform measures across sectors to boost "speed of doing business" as the industry is bothered about bottlenecks in multi-modal infra and high power costs, he said

India's share in ship recycling rose to 35.4% in 2025: Shipping ministry

India emerged as the world's leading ship recycling nation in 2025, aided by policy reforms, yard modernisation and measures to strengthen the domestic ecosystem

NLC India's ₹1 trillion expansion plan takes global route for borrowing

CMD Prasanna Kumar Motupalli spoke about NLC's critical mineral strategy, overseas expansion plans, funding road map, proposed NLC India Renewables initial public offering, and mining expansion plans

India to host BRICS energy ministers' meeting in Gurugram on June 25-26

India will host the 11th BRICS Energy Ministers' Meeting under its 2026 Chairship, focusing on energy security, sustainability, innovation and universal access to energy

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

PM Modi to launch Rs 25,016 cr coal gasification project in Odisha

The project will house India's first commercial-scale coal-to-ammonium nitrate facility and is aimed at boosting energy security and reducing import dependence

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