Energy Demand

Coal India arm SECL's production rises over 5% in FY26 amid rising demands

Coal India arm SECL on Wednesday said it has registered a 5.26 per cent growth in production and 4.6 per cent increase in offtake, the volume of dry fuel supplied, in 2025-26, signalling steady progress amid rising energy demand. SECL recorded the total coal production of 176.2 million tonnes (MT) in FY26, up 5.26 per cent from 167.4 MT produced in 2024-25. The company's coal offtake in FY26 stood at 178.6 million tonnes compared to 170.7 MT in FY25. With 364.3 million cubic metres of overburden removal from mining pits, SECL achieved its highest-ever OBR, it said in a statement. "South Eastern Coalfields Limited (SECL) has achieved a significant milestone in FY 2025-26, emerging as the only subsidiary of Coal India Limited to register positive growth across all three key performance parameters -- coal production, offtake and overburden removal (OBR)," it said. Despite numerous operational and geographical challenges, the company's workforce has consistently delivered, ensuring ..

India must overhaul its electricity model to reduce energy vulnerability

A tenfold increase in the share of renewables in the total energy supply is needed

Govt to review windfall tax on export of diesel, ATF fortnightly: CBIC

CBIC Chairman Vivek Chaturvedi on Friday said the government will review the special additional excise duty or windfall tax on diesel and ATF every fortnight. The move to levy special additional excise duty (SAED) is to ensure domestic availability of diesel and ATF, Chaturvedi said, while briefing the media. The revenue gain from SAED is estimated at Rs 1,500 crore in the first fortnight, he added. The government on Thursday imposed an export duty of Rs 21.5 per litre on diesel and Rs 29.5 per litre on aviation turbine fuel (ATF) to discourage exports and improve domestic supply. The SAED is a levy first introduced in July 2022 to curb windfall gains by refiners following Russia's invasion of Ukraine. It was withdrawn in December 2024. Besides, the government has slashed excise duty on petrol and diesel by Rs 10 per litre each, a move aimed at shielding domestic consumers from a surge in global oil prices triggered by the Middle East conflict. Revenue loss due to the excise duty

India ready for peak power demand, but supply, transmission risks remain

India is better prepared to meet a record 270 Gw peak power demand this summer, supported by strong coal stocks and renewables, though geopolitical tensions and grid constraints pose risks

India ready for peak power demand, but supply, transmission risks remain

India is better prepared to meet a record 270 Gw peak power demand this summer, supported by strong coal stocks and renewables, though geopolitical tensions and grid constraints pose risks

South Korean PM cancels China visit as energy concerns mount amid Iran war

The last-minute cancellation comes as the effective closure of the Strait of Hormuz is piling pressure on Washington and on major importers of oil, gas and fuels from the Persian Gulf

Powering data centres: AI leadership depends on control of power supply

Google's Intersect Power deal shows how AI's explosive energy needs are pushing Big Tech from buying clean power to owning it-reshaping grids, climate goals and regulation

Adani Electricity becomes 1st private distributor to get AAA credit rating

Adani Electricity Mumbai Ltd has received a AAA credit rating, becoming the first privately owned power distribution company in India to achieve a rating on par with the sovereign, according to India Ratings. "The rating upgrade reflects strong regulatory support, improving credit metrics and sustained deleveraging, supported by stable cash flows under a cost-plus regulatory framework," India Ratings said in a statement. Acquired in 2018 from Anil Dhirubhai Ambani Group, Mumbai utility has seen a sharp turnaround under the Adani Group. Since the acquisition, the company has more than doubled its asset base to over Rs 10,000 crore, through sustained capital expenditure to meet rising electricity demand in India's financial capital. India Ratings cited "timely and cost-reflective tariff orders issued by the Maharashtra Electricity Regulatory Commission," adding that these have enabled "full recovery of past regulatory assets, including carrying costs, restoring regulatory balances to

From Petrotech to IEW, India reshapes its global energy engagement

India's global energy engagement has undergone a quiet but decisive shift over the past three decades, evolving from a hydrocarbons-centric dialogue anchored by the Petrotech conference to a broader, integrated and transition-ready platform under India Energy Week. The fourth edition of India Energy Week (IEW) will take place from January 27-30, 2026, in Goa, bringing together the global energy community to drive dialogue, collaboration and innovation across the energy value chain. IEW now occupies a "unique position on the global energy calendar," according to Oil Minister Hardeep Singh Puri. Unlike other international conferences, IEW deliberates on all forms of energy - from fossil fuels to biofuels and hydrogen. The foundations of India's global engagement were laid in the mid-1990s with the launch of biennial Petrotech, which for over two decades (from 1st edition in 1995 to 13th and last in 2019) served as India's principal interface with the global oil and gas industry.. At

IEW 2026 to see $780 million crude deal with Brazil, shipbuilding pact

A USD 780 million contract to import crude oil from Brazil and a pact to build large ships to carry ethane are among the agreements likely to be signed at the India Energy Week (IEW) starting January 27. State-owned Bharat Petroleum Corp Ltd (BPCL) will buy 12 million barrels of oil for USD 780 million from Brazil's Petrobras in 2026-27 fiscal year, twice the size of its contract in the previous fiscal, as part of India's strategy to diversify crude procurement. BPCL and Petrobras will sign a term contract for the crude supply during the IEW, a government statement said. Brazil is among the geographies that India, the world's third largest oil importing and consuming nation, is tapping to diversify its crude procurement. The diversification will help hedge risks of relying on just a few sources for buying crude oil - the raw material for making fuels like petrol and diesel. During the four-day conference, Oil and Natural Gas Corporation (ONGC) and its Japanese partner Mitsui OSK Li

Electricity demand to outpace energy growth, renewables to surge: Report

Electricity demand will rise much faster than overall energy growth in the coming decades, underscoring the need for diversified energy sources, according to an analysis released Wednesday. The report by the International Energy Agency said renewable energy, led by solar power, will grow faster than any other major source in the next few years and that coal and oil demand will likely peak globally by the end of this decade. The report noted that many natural gas projects were approved in 2025, due to changes in US policy, indicating worldwide supply will rise even as questions remain about how it will be used. Meanwhile, global nuclear power capacity is set to increase by at least a third by 2035 after being stagnant for years. The release of the annual World Energy Outlook coincided with UN climate negotiations in Brazil this week, where global leaders are calling for ways to curb the planet's warming. Regional dynamics ------------------------ The IEA says building greater ...

NITI Aayog works out road map to meet India's rising energy demand

This initiative also arises from India's need for a clear pathway to identify data trajectories in its net-zero exercise

Coal India to restart 32 mines to meet power needs as clean energy stalls

India's coal giant revives old mines and plans new projects as renewable capacity falls short of surging consumption

Delhi's power demand peaks at 7,401 MW as scorching heat continues

Amid the prevailing hot and humid weather, the national capital's power demand clocked at 7,401 MW on Tuesday afternoon, the highest for the summer season, so far, discom officials said. The State Load Dispatch Centre Delhi's real-time data showed the peak demand was 7,401 MW at 3:11 pm. BSES discoms - BRPL and BYPL "successfully" met the peak power demand of 3,285 MW and 1,559 MW, respectively, on the day, said a company spokesperson. The BSES discoms were prepared to handle the growing power demand in the city, aided by over 2,100 MW of green power during' summer months, he added. "BSES discoms are geared-up to ensure reliable power supply to meet the power demand of more than 50 lakh consumers in South, West, East and Central Delhi, including long term power purchase agreements,banking arrangements with other states and deployment of latest technologies for predicting power demand accurately," the spokesperson said. Tata Power Delhi Distribution Limited said in a statement that

Trump admin cancels clean energy grants as it prioritises fossil fuels

President Donald Trump's administration is terminating grants for two clean energy projects and roughly 300 others funded by the Department of Energy are in jeopardy as the president prioritizes fossil fuels. The DOE is cancelling two awards to a nonprofit climate think tank, RMI in Colorado, according to a document from the agency confirming the cancellations that was reviewed by The Associated Press on Friday. One was for nearly $5.3 million to retrofit low-income multifamily buildings in Massachusetts and California to demonstrate ways to reduce the use of energy and lower planet-warming greenhouse gas emissions. The other was for USD 1.5 million to assess business models for electric vehicle carsharing in US cities. The department wrote that it had determined the awards do not meet the administration's objectives. Both awards are on a list of about 300 clean energy projects under review. President Donald Trump declared an energy emergency early in his term and is working to speed

India ready to meet 270 GW of peak power demand during summer: Power secy

India is ready to meet up to 270 GW of peak power demand during summer season this year and the government will make it mandatory for thermal plants, especially those using imported coal, to run at full capacity, Union Power Secretary Pankaj Agarwal said on Friday. In 2024, the country was able to meet the peak power demand of 250 GW during summer against the projected demand of 260 GW. Addressing a press conference here, Agarwal informed that thermal power plants in the country have sufficient coal stocks of 51 million tonnes, which is enough for generating electricity for 21 days. "If we require we will invoke Section 11 (of Electricity Act) for meeting the demand," Agarwal assured. The Section 11 allows the government to mandate power producers to operate plants in a specified manner in extraordinary circumstances. Earlier last year, the power ministry had invoked Section 11 and mandated plants using imported coal to run at full capacity to avoid any shortage of power in the ..

Russian energy giant Gazprom suspends gas flow to Europe through Ukraine

Gazprom has cited the non-renewal of agreement, which expired on January 1, as the reason for suspension

India to supply LNG to Sri Lankan power plants, connect power grids

Sri Lankan President Anura Kumara Dissanayake is on a three-day visit to India for bilateral talks centred around economic cooperation, defence collaboration, and energy connectivity

ReNew Energy's Q2 net profit rises 31% to Rs 440 crore on higher income

ReNew Energy Global Plc (ReNew) on Wednesday reported a 31 per cent rise in net profit to Rs 493.9 crore (USD 59 million) in the September 2024 quarter pushed by higher income. It posted a net profit of Rs 377.1 crore (USD 45 million) in the July-September period of preceding 2023-24 fiscal, the Nasdaq-listed entity said in a statement. ReNew's total income in the second quarter also rose to Rs 2,988.7 crore (USD 357 million) from Rs 2,863.2 crore (USD 342 million) during the same period last financial year. Net profit for April-September or H1 FY25 was Rs 533.3 crore (USD 64 million), compared to Rs 675.4 crore (USD 81 million) for H1 FY24. Total income was Rs 5,471.3 crore (USD 653 million) during the period over Rs 5,329.1 crore (USD 636 million) for H1 FY24. As of September 30, 2024, the company's portfolio consisted of 15.6 GW compared to 13.8 GW as of September 30, 2023. Subsequent to the end of the quarter, the company signed PPAs (Power Purchase Agreements) for 0.7 GW of

Trump win may ensure India's trade security: CEA Nageswaran at BFSI Summit

Chief Economic Adviser to the Government of India V Anantha Nageswaran shared his thoughts on the impact of the US elections on India's growth at the Business Standard BFSI Insight Summit