Energy

Tata Power resumes ops at 4,150 Mw Mundra thermal plant after 9 months

Integrated power firm Tata Power on Wednesday said the company has resumed operations at Mundra Plant with an installed capacity of 4,150 MW, after a gap of almost nine months. The company had suspended operations at all units of Mundra plant on July 2, 2025 and has been suffering losses due to temporary closure of the plant. "With reference to the temporary suspension of company operations of its units located at Mundra, we hereby inform you that the company has resumed its operations at Mundra Plant with an installed capacity of 4,150 MW," it said in a regulatory filing. Last month, Tata Power informed bourses that its arm Coastal Gujarat Power Ltd (CGPL), which operates Mundra plant, has signed supplementary power purchase agreements (PPA) with GUVNL (Gujarat). According to the regulatory filing, the company had to ink PPAs with Maharashtra, Rajasthan, Punjab, and Haryana. The company has been incurring losses due to closure of units at Tata Mundra plant, which is run by its ar

Hoisting the Indian flag on the high seas: Maritime ambitions gather pace

$8 billion spent on foreign tankers could build a homegrown fleet to navigate India's energy, trade, and maritime ambitions through turbulent waters

Changing math: Earnings downgrades likely to overshadow valuation allure

Nifty at 17x may look attractive, but earnings downgrades cloud returns as Goldman Sachs cuts India outlook amid rising macro risks

India buys first Iran LPG cargo after US eases sanctions amid crisis

India had shunned energy purchases from Iran ‌in 2019 under pressure from Western sanctions. The tanker was initially bound for China, according to LSEG data

Explained: Why India's energy security goal is an unfinished journey

Despite policy push and diversification, India's rising oil and gas import dependence is exposed by the Strait of Hormuz crisis, underscoring gaps in domestic production and energy transition

Green industrial push 'strategic necessity', says EAC-PM chairman

EAC-PM Chairman S Mahendra Dev says geopolitical tensions and energy shocks highlight need for green industrialisation to ensure energy security and sustain growth

Higher-grade fuel gets costlier amid spike in oil prices; OMCs hike rates

Benchmark Brent prices slipped to around $105 per barrel on Friday, from the highs of $119 a day earlier

India faces Qatar LNG supply risk after Iran strikes hit capacity

India, the world's fourth-largest LNG importer, relies on Qatar for about 41 per cent of its gas imports

PM Modi calls for global investment as power sector needs $2.2 trillion

PM Modi invites global investors to India's power sector, which needs $2.2 trillion over two decades to support energy transition and infrastructure expansion

Iran strikes took out 17% LNG export capacity for 3-5 yrs: QatarEnergy CEO

Missile strikes damaged key LNG facilities in Qatar, triggering fires and disrupting exports. QatarEnergy says repairs could take up to five years, impacting global gas supplies

Explained: How the Iran-Israel war could shake India’s energy lifeline | US-Iran war

As tensions explode in West Asia after US-Israel strikes on Iran, global oil routes are under threat. But why is India especially vulnerable?

India's power capacity may double by 2036, led by non-fossil sources

India's power capacity could more than double by 2036, with Central Electricity Authority projecting 70% share for non-fossil energy sources

From LPG shortages to hotel shutdowns: How the West Asia war is hitting India’s energy supply

The conflict in West Asia is no longer a distant geopolitical story. It is beginning to affect daily life in India. LPG supplies are being rationed, businesses are feeling the squeeze,

Nil expenditure in gasification scheme for most of 2025-26: Parl panel

A parliamentary committee has flagged significant delays in expenditure under the scheme for promotion of coal, lignite gasification, noting zero spending for most of 2025-26 despite a revised allocation of Rs 285 crore, and suggested a time-bound spending framework with quarterly milestone verification. The standing committee on coal, mines and steel was of the view that the scheme's outlay was brought down from Rs 300 crore at Budget Estimates (BE) 2025-26 to Rs 285 crore at Revised Estimates (RE) stage due to milestone-based needs, with no expenditure incurred and even a a single eligible project pending reimbursement formalities. "The committee noted that no expenditure is incurred for most of the financial year, with even a single eligible project awaiting fulfilment of reimbursement formalities," it said. The panel further noted that against a Revised Estimate of Rs 285 crore in 2025-26, the Budget Estimate for 2026-27 was sharply raised to Rs 3,525 crore. The committee, ...

Home Secretary reviews LPG supply with states govts to ensure no disruption

India is among the world's largest consumers of LPG, which is widely used as a primary cooking fuel in households

IEA to release record 400 million barrels of oil from stockpiles

The IEA, which co-ordinates stockpile releases for OECD countries, has said its 32 members hold more than 1.2 billion barrels in public emergency stockpiles

Bank of England may be wary of looking past another energy price shock

Markets are all but ruling out a rate cut this month that had looked like a done deal prior to the war on Iran, and traders now put the chance of any easing at all this year at around 50-50

Energy shocks from West Asia will have knock-on effects on India's economy

The Strait of Hormuz is currently closed to shipping, choking off 20 per cent of global oil and gas supply

Iran war has driven surge in global demand for Russian energy, says Kremlin

The conflict, now in its seventh day, has left the Strait of Hormuz nearly shut, cutting countries around the world off from about a fifth of global oil and liquefied natural gas supplies

Philippines mulls shorter work week, less air conditioning to save energy

The Southeast Asian nation imports nearly all of its oil requirements, and the war in Iran could spur inflation that already hit a 13-month high in February