Energy

Rethink auctions, retain safeguards: NITI Aayog on critical minerals

NITI Aayog has urged retaining public consultation and revisiting auction-led exploration by allowing conditional first-come-first-served access for early-stage critical mineral projects

India's January power demand hits 16-year high at 143 billion units

Peak power demand in January touched 245 gigawatt (Gw), surpassing the previous summer peak of 243 Gw recorded in June last year

The long road to $500 billion: India's US trade pledge won't be easy

India has agreed to buy $500 bn worth of US energy products and other goods as part of a trade deal. This won't be easy, for India has been diversifying its sources

Budget 2026 backs decarbonisation, clean energy supply chains

Union Budget 2026-27 lays out a long-term energy strategy focused on decarbonisation and supply chain resilience through CCUS funding, nuclear incentives, battery storage support, logistics upgrades

A world remade by rivalry: Each country must chart its own future

As the rules-based order fractures, geopolitics, minerals and energy rivalries are reshaping climate action, trade, and the future of global cooperation

ONGC seeks oil majors for Western offshore blocks; multiple deals signed

ONGC has invited global oil majors for technical support partnerships in its western offshore blocks to lift output

Energy company AM Green to set up $25 billion AI hub in Greater Noida

AM Green signs pact with UP to invest $25 billion in a 1 GW AI hub in Greater Noida, powered by carbon-free energy, targeting hyperscalers and sovereign AI by 2030

EV making and climate tech | From Foxconn’s environmental expert

In this session, Ankita Patwa, Environmental Manager, Foxconn System & Founder, TheGreenSolve talks about EV making, sustainability, climate tech and provides career tips

Three key trends that will shape India's energy trajectory in 2026

India's energy sector in 2026 will be influenced by shifts in crude oil sourcing, the rising share of clean energy and the growing role of private capital in renewables, nuclear power and distribution

How energy flowed between hiccups and hope as solar stayed bright in 2025

Solar was a bright spot in a year marked by domestic challenges, like oil imports, and global concerns, such as climate change

HMEL to invest ₹2,600 crore in Bathinda refinery for downstream expansion

HPCL Mittal Energy plans to invest Rs 2,600 crore at its Bathinda refinery to build polypropylene downstream industries and start fine chemical projects to expand its business

Nuclear energy for growth: Sustaining a vibrant enabling environment is key

India's goal is to boost its installed nuclear-power capacity to 100 Gw from the current 8.8 Gw by 2047

India's Oct power consumption dips 6% to 132 billion units on mild weather

Power consumption in the country fell by 6 per cent to 132 billion units in October from 140.47 BUs in same month last year, mainly on account of less use of cooling appliances. The October month also saw rains in various parts of the country. The decline in power consumption was attributed to unseasonal rainfall during the month in some parts of the country coupled with onset of winter season, which kept temperatures in check, experts said. The peak power demand met during October was at 210.71 GW, lower from 219.22 GW recorded in October 2024. The peak power demand had touched an all-time high of about 250 GW in May 2024. The previous all-time high peak power demand of 243.27 GW was recorded in September 2023. However, this summer (April onwards), the record peak power demand was 242.77 GW in June. Experts said the power demand and consumption are likely to be subdued in November as well due to moderation in temperature levels, which would reduce use of cooling appliances.

Premier Energies enters transformer manufacturing with 51% Transcon stake

Premier Energies on Thursday announced its foray into transformer manufacturing by acquiring a majority 51 per cent stake in Transcon Industries for a total consideration of Rs 500.3 crore. The acquisition is a key milestone in its strategy to become a fully-integrated clean energy solutions provider, Premier Energies said in a statement. The renewable energy player said it has entered into definitive agreements to acquire a 51 per cent ownership interest in Transcon Industries for a total consideration of Rs 500.3 crore. "This investment marks our foray into the fast-growing transformer business on the back of surging renewable power capacity addition and growing electrification of the economy," Premier Energies MD & CEO Chiranjeev Saluja said. The acquisition of Transcon, which manufactures a wider range of transformers, including solar and distribution, will help Premier Energies move further downstream, offering integrated and bundled solutions to power producers, DISCOMs, and

Blue Energy signs pact with Maharashtra to set up ₹3,500 cr facility

LNG and electric heavy truck manufacturer Blue Energy on Thursday said it has signed an initial pact with the Maharashtra government to set up a new facility with a capacity of 30,000 trucks at an investment of Rs 3,500 crore. Anirudh Bhuwalka, Founder and Managing Director of Blue Energy Motors Ltd, said the company has so far invested USD 50 million in the plant. "Our target is to do 30,000 units (sales) of both heavy-duty electric and LNG-powered trucks cumulative in the next five years," Bhuwalka told PTI here. Earlier in the day, the company rolled out its first heavy-duty electric truck with a swappable battery and the country's first electric corridor between Pune and Mumbai. Fadnavis inaugurated the Mumbai-Pune corridor, which is the first step in the company's plans to electrify all major national highway corridors over the next three years. The Mumbai-Pune corridor is the first step in building a nationwide network of sustainable logistics, driving India's green freight

Ola Electric announces entry into ₹1 trillion BESS market with Ola Shakti

With India's BESS market projected to grow to over ₹3 trillion by 2030, Ola Electric expects its annual BESS consumption to scale up to 5 GWh in the next few years

India–Mongolia bilateral meet: 10 key agreements signed; know details

During Mongolian President Khurelsukh Ukhnaa’s visit to New Delhi, both nations deepened cooperation in defence, energy, culture, and spiritual exchanges.

Can market coupling enable fair price discovery at power exchanges?

Supporters of the market coupling point to higher efficiencies and optimal price discovery, its critics argue that it will eliminate competition and innovation at power exchanges

India to boost people-to-people ties with Mongolia, provide free e-visas

Both sides exchanged MoUs for cooperation in humanitarian aid, restoration of heritage sites in Mongolia, cooperation in immigration, and sharing of digital solutions

JVs, tech tie-ups can help cut India's trade gap with Qatar: GTRI

Joint ventures in energy infrastructure, technology collaboration, and cross-border investments can help reduce India's trade deficit with Qatar, think tank GTRI said on Sunday. India's trade with Qatar stood at USD 14.15 billion in 2024-25. The trade relationship remains heavily skewed toward energy imports, with petroleum crude and gas products making up nearly 90 per cent of India's total imports from Qatar, the Global Trade Research Initiative (GTRI) said. India's exports to Qatar totalled USD 1.68 billion, while imports surged to USD 12.46 billion, producing a substantial trade deficit of USD 10.78 billion in the last fiscal. "The figures underscore the energy-centric nature of India's commerce with the Gulf nation, with hydrocarbons making up the bulk of inbound shipments," GTRI founder Ajay Srivastava said. Imports from Qatar were overwhelmingly composed of petroleum crude and gas products, amounting to USD 11.08 billion, about 88.9 per cent of the total imports. Key energ