Government engages Tehran to ensure safe transit for Indian-flagged vessels amid West Asia conflict as concerns mount over oil, gas and fertiliser supplies
Air-conditioner makers warn of production risks as LPG shortages linked to the West Asia conflict disrupt supply of fuel used in brazing and coating processes
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, ...
As many as 34 out of the 40 constituent stocks were trading in the green, while six were in the red
Government prioritises LPG and LNG supply for domestic use as West Asia conflict disrupts shipments; India also secures alternative supplies that bypass the Strait of Hormuz
Brent crude briefly surged to $120 a barrel amid supply disruptions in West Asia. Analysts warn that the Iran war could reshape oil price trajectories and pose fresh risks to India's energy security
India has invoked emergency provisions and declared force majeure, reprioritising natural gas supplies to key sectors such as households and fertiliser plants
ADB says India's crude oil reserves of about 100 million barrels-enough for 40-45 days-leave the country exposed to potential supply disruptions through the Strait of Hormuz
"Everybody that has not called for force majeure we expect will do so in the next few days that this continues. All exporters in the Gulf region will have to call force majeure," Kaabi told the FT
QatarEnergy has halted production of liquefied natural gas (LNG) amid attacks on its facilities as tensions rise in West Asia
Rising renewable energy capacity is straining India's grid, forcing curtailments and raising concerns over stability
Petronet LNG issued force majeure to QatarEnergy and its off-takers after LNG production was halted amid the West Asia crisis, saying the impact cannot be estimated at this point
The state-owned firm blamed the war for the decision
US and Israeli strikes that killed Ayatollah Ali Khamenei have deepened open conflict with Iran and rattled West Asia, disrupting sea routes via Strait of Hormuz, fuelling oil price spike
The government will take a consensual view before implementing the CAFE-III rules, which seek to limit average fuel consumption and carbon emissions across the entire model range of an automobile manufacturer, Union Power Minister Manohar Lal said on Sunday. The Corporate Average Fuel Efficiency-III (CAFE-3), introduced by the Bureau of Energy Efficiency (BEE), is proposed to be effective from April 1, 2027, to March 31, 2032. The government has sought feedback on the draft rule from stakeholders. Automobile makers have mixed views on its implementation framework, with some demanding a relaxed emission mandate for small cars based on weight and affordability. Those opposing the relaxation criteria argue that such a move would lead to a compromise on safety standards and hamper the country's clean energy transition. The draft norms, which were brought for discussions in September 2025, suggested relaxed conditions for small cars with an unladen mass up to 909 kg, engine capacity not
Escalating Israel-Iran tensions could disrupt Strait of Hormuz supplies, lift Brent crude prices and raise India's import bill, analysts warn, even as a prolonged blockade remains unlikely
Shell expects demand to continue accelerating, with India's energy consumption projected to surpass that of the US in the 2040s and China in the 2060s
The minister said the country's module manufacturing capacity stands at 140 GW
Andhra Pradesh Chief Secretary K Vijayanand on Saturday said an Investment Bazar will be organised in Vijayawada on February 24 to promote energy efficiency investments in the state. The Chief Secretary conducted a virtual meeting with officials of Andhra Pradesh Eastern Power Distribution Company Limited (APEPDCL), Andhra Pradesh Central Power Distribution Corporation Limited (APCPDCL), Andhra Pradesh Southern Power Distribution Company Limited (APSPDCL), Andhra Pradesh Power Generation Corporation Limited (APGENCO) and Andhra Pradesh Transmission Corporation Limited (APTRANSCO) to review preparedness for the workshop. "An Investment Bazar will be organised in Vijayawada on February 24 to promote energy efficiency investments and strengthen the sector across Andhra Pradesh," said Vijayanand in an official press release. Having secured the "top national rank in energy conservation", Andhra Pradesh is strengthening policy frameworks and innovative financing models to attract ...
High-level committee and working group to oversee personnel integration, restructuring, technology alignment and regulatory approvals for the proposed merger