Energy Industry

India exploring energy transition ties with Singapore, Southeast Asia

India is exploring opportunities to accelerate the regional energy transition while ensuring energy security across Southeast Asia, starting with Singapore, where several alternative energy projects are already in progress, a senior Indian official said here. Ghanshyam Prasad, Chairman of the Central Electricity Authority -- a statutory body under the Ministry of Power -- asserted that the need of interconnection has been highlighted to use the regional renewable resources in an optimal manner and a huge opportunity awaits if the South ASEAN and Southeast Asia grids are interconnected. One of the options is to have a direct interconnection between India and Singapore. This was in line with the One Sun One World One Grid' principles, which originated from India. Through Singapore, the whole of the South East Asian countries will benefit, Prasad told PTI on the sidelines of an international energy conference in Singapore. Prasad said India could export renewable power -- generated fro

AI and energy have symbiotic ties, says Chevron India's Akshay Sahni

The $1 billion facility uses artificial intelligence to automate workflows, improve drilling efficiency, & create digital twins of LNG plants, marking Chevron's largest tech investment outside the US

AERB transfers approvals for Mahi-Banswara to Anushakti Vidyut Nigam

India's nuclear regulator AERB has transferred the siting consent for the Mahi-Banswara atomic power project from the Nuclear Power Corporation of India Limited to Anushakti Vidyut Nigam, a joint venture company that is developing the 2,800 MWe project. Prime Minister Narendra Modi is scheduled to lay the foundation stone for the Mahi-Banswara Rajasthan Atomic Power Project (MBRAPP) on September 25. The project marks the entry of National Thermal Power Corporation in the nuclear power sector. Anushakti Vidyut Nigam (ASHVINI) is a joint venture between Nuclear Power Corporation of India Limited (NPCIL) and National Thermal Power Corporation (NTPC). In May, the Atomic Energy Regulatory Board (AERB) issued the siting consent for the MBRAPP to the NPCIL. "With this transfer, ASHVINI shall be the responsible organization for ensuring compliance with the regulatory requirements throughout the lifetime of MBRAPP-1 to 4," AERB Chairman Dinesh Kumar Shukla said. Four indigenously developed

Tariffs to slow energy transition, India mustn't give up coal: Vedanta CEO

Vedanta CEO Deshnee Naidoo said US tariffs will not broadly hit India's economy but will slow global energy transition, adding that India must continue coal use for growth

EU likely to seek proof of gas origin to enforce Russian energy ban

The European Commission last month proposed legislation to phase out EU imports of Russian oil and gas by January 1, 2028

CM Bhajan Lal Sharma to headline BS Samriddhi Rajasthan: Details here

Resurgent Rajasthan: Business Standard event in Jaipur to highlight state's investment push, policy roadmap, and renewables-led growth, with CM Bhajan Lal Sharma leading the keynote session

CM Adityanath inaugurates Torrent Group's green hydrogen plant in UP

Ahmedabad-based Torrent Group's green hydrogen plant in Gorakhpur in Uttar Pradesh was on Sunday inaugurated by state chief minister Yogi Adityanath. The project, jointly developed by Torrent Group entities Torrent Power and Torrent Gas, will have an annual production capacity of 72,000 tonnes per annum, the group said in a statement. "The Green Hydrogen produced at the plant will be blended with natural gas in Torrent Gas' City Gas Distribution infrastructure in Gorakhpur, maintaining its concentration up to 2 per cent," it said. The green hydrogen blended with natural gas will be further supplied to domestic households, CNG stations and industries in the region through the already laid network of natural gas pipelines. "Torrent's green hydrogen plant in Gorakhpur is the first Green Hydrogen plant in Uttar Pradesh and is also the largest Green Hydrogen and Natural Gas blending project in the City Gas Distribution sector in the country," the statement said. Torrent Gas has licence

SAEL to invest ₹8,200 cr in Greater Noida solar manufacturing plant

Through one of the largest investments seen so far in the solar manufacturing space in India, the plant in Greater Noida will boost SAEL's total module manufacturing capacity to 8.5 GW

Hitachi Energy gets order for 30 765 kV transformers from Power Grid Corp

These ultra-high voltage alternating current (UHV AC) transformers are capable of handling power equivalent to the average consumption of 30 mn households

Transmission capex, renewable energy segment may energise Tata Power stock

Tata Power benefits from transmission capex, reforms in distribution and green capex. It targets RE capacity of 15GW by FY27 and has capex plans of ₹84,200 crore for FY24-27

Sustainable business practices: Navigating India's ESG, energy transition

Mandatory ESG norms mark a shift towards stakeholder capitalism, reflecting global trends in climate governance and moving beyond shareholder- and state-driven business models

India drew $36 bn investment from pre-2014 NELP bid rounds: Oil ministry

India attracted over USD 36 billion investment from nine NELP bid rounds held before 2014, and has so far yielded 177 oil and gas discoveries, according to a report commissioned by the Petroleum Ministry. Under the New Exploration Licensing Policy (NELP), blocks were awarded to bidders promising maximum exploration, allowing them to recover investments from oil and gas they discover and produce before sharing profits with the government. In 2016, this was replaced by a revenue-sharing model, where blocks go to firms offering the highest share of output to the government. The 254 blocks awarded in nine bid rounds of NELP between 1999 and 2010 attracted USD 17.6 billion investment in exploration that led to 67 oil discoveries and 110 gas finds, and another USD 18.64 billion in development of some of those discoveries. The 144 blocks awarded in eight big rounds of Open Acreage Licensing Policy (OALP) from 2018 to 2022 saw USD 1.37 billion investment in exploration, leading to 6 oil ..

INOXGFL Group to list INOX Clean Energy in FY26, eyes Rs 5,000 cr IPO

INOXGFL Group is planning to list INOX Clean Energy on the domestic stock exchanges in the upcoming financial year and garner Rs 5,000 crore from the issue, sources said. INOX Clean Energy will be the fifth entity of the USD 12 billion group to be listed on the bourses. "The INOXGFL Group is preparing to take INOX Clean Energy public, aiming to raise 10-15 per cent from the public at a valuation of Rs 50,000 crore (USD 6 billion), industry sources said. Once completed, the IPO will be among one of the largest fundraising initiatives in the country's private renewable energy sector. The IPO is expected to hit the market in the third quarter of the 2025-26 financial year, sources said. Sources also said INOXGFL has appointed five leading investment banks to manage the issue. An email query sent to INOXGFL Group remained unanswered. INOX Clean Energy is an integrated renewable platform spanning solar manufacturing, including cells and modules, and an Independent Power Producer (IPP

Dems target Trump's energy emergency after his pro-oil and gas moves

President Donald Trump began dismantling his predecessor's climate change and renewable energy policies on his first day in office, declaring a national energy emergency to speed up fossil fuel development a policy he has summed up as drill, baby, drill. The declaration calls on the federal government to make it easier for companies to build oil and gas projects, in part by weakening environmental reviews, with the goal of lowering prices and selling to international markets. Democrats say that's a sham. They point out that the U.S. is producing more oil and natural gas than any other country and the Biden administration's Inflation Reduction Act boosted renewable energy at a critical time, creating jobs and addressing the climate change threat 2024 was Earth's hottest year on record amid the hottest 10-year stretch on record. It would also set a horrible precedent, that a president of either party can invent a sham emergency and then grab away from Congress powers that Congress h

Make in India or Made in India'? Industry Leaders Discuss India's Path as a Green Manufacturing Powerhouse

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India Energy Week 2024: Pioneering the Energy Transition Through Financial Innovation

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Transformative Integrated E-Mobility Ecosystems in Emerging Economies

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India Energy Week 2025 Day 3 Charts the Future of Global Carbon Markets

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India Energy Week: Cairn dives into deepwater exploration with KG basin

Vedanta-backed firm plans to rope in global players for offshore drilling

Bridging the Energy transition's investment gaps

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