Energy Sector

Andhra Pradesh to host energy 'Investment Bazar' in Vijayawada on Feb 24

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 ...

Govt forms high-level committee to monitor progress of PFC-REC merger

High-level committee and working group to oversee personnel integration, restructuring, technology alignment and regulatory approvals for the proposed merger

India invested $13 bn in distributed solar, adding 35 GW in 15 months

Over half of India's 35 GW distributed renewable energy capacity was built in just 15 months, driven by $13 bn in investments under PM Surya Ghar and PM-KUSUM, officials said

NPCIL reconnects Tarapur Atomic Power Station's Unit-1 to power grid

The Nuclear Power Corporation of India Limited (NPCIL) has announced the successful reconnection of Tarapur Atomic Power Station's Unit-1 (TAPS-1) to the electricity grid following a landmark life-extension programme. The achievement marks a major milestone for the country's oldest nuclear facility, which has undergone extensive renovation and modernisation to ensure long-term operational reliability, the NPCIL said on Monday. An official release issued by the NPCIL said the life-extension activities were executed under "stringent regulatory oversight" and align with global nuclear safety standards. "The successful completion of such complex activities in this reactor type reflects NPCIL's engineering excellence and strong Renovation and Modernisation capability," it said, noting that TAPS-1 and its twin Unit-2 are currently the oldest reactors in operation globally. The comprehensive upgrade involved high-end engineering interventions to enhance safety margins. The NPCIL also ...

Valuations reflect growth prospects as Siemens Energy expands capacity

Siemens Energy's December-quarter results show strong revenue and profit growth, a rising order book, and major capex plans across transmission and generation as demand momentum builds

Shell to expand integrated gas, GCC presence in India: Country chair

The $289 billion energy major plans to sign more LNG deals and expand global capability centres, while strengthening its lubricants business in India

Amara Raja Energy falls 5% on Q3 results; profit down 53%, margins contract

Amara Raja Energy net profit fell 53 per cent year-on-year to ₹140 crore in Q3FY26 from ₹298.4 crore in the year-ago period

NITI Aayog charts 'development-first' road map to Net Zero 2070 goal

Plans to ensure progressive decoupling of economic growth and emission

National interest is guiding factor: Vikram Misri on India's energy imports

Foreign Secretary Vikram Misri said India's energy import decisions are driven by national interest, diversification and price stability, amid scrutiny of Russian oil imports, global market volatility

Expedite loss reduction works, Andhra chief secretary tells power officials

Andhra Pradesh Chief Secretary K Vijayanand on Saturday directed power Distribution Companies to expedite the Revamped Distribution Sector Scheme loss reduction works, observing that a measurable reduction in aggregate technical and commercial losses is critical for the financial sustainability of power utilities. During a review meeting, the chief secretary noted that the southern state is according high priority to Revamped Distribution Sector Scheme (RDSS) implementation to ensure financial viability of DISCOMs, reduce aggregate technical and commercial (AT & C) losses and reliable power supply to all consumer categories. Andhra Pradesh Southern Power Distribution Company Ltd (APSPDCL), Andhra Pradesh Central Power Distribution Corporation Ltd (APCPDCL) and Andhra Pradesh Eastern Power Distribution Company Ltd (APEPDCL) are the three DISCOMs. "Expedite RDSS loss reduction works and ensure time-bound completion with strict quality controlmeasurable reduction in aggregate ...

Energy security top priority as India plans to diversify sourcing: MEA

After Goyal sidestepped a query on Russian oil imports, MEA said energy security for 1.4 billion people remains India's top priority

India-US interim trade pact to help MSMEs join global value chains: FM

The India-US Interim Agreement framework will support Indian MSMEs in integrating into global value chains and lower costs for businesses and consumers, Finance Minister Nirmala Sitharaman said on Saturday. As part of the framework announced last night, both countries will reduce import duties on a number of goods to boost two-way trade. While the US will reduce tariffs on Indian goods to 18 per cent from the present 50 per cent, India will eliminate or cut down import duties on all US industrial goods and a wide range of American food and agricultural products, including dried distillers' grains, red sorghum for animal feed, tree nuts, fresh and processed fruit, soybean oil, wine and spirits. According to a joint statement, India has expressed its intention to purchase USD 500 billion of US energy products, aircraft and aircraft parts, precious metals, technology products and coking coal over the next five years. "India has safeguarded the sensitivities of its agriculture and anim

India-US trade deal: Boost seen for energy, minerals imports over 5 yrs

India has expressed intent to import $500 billion worth of energy, minerals, technology products and aircraft parts from the US over five years under an interim trade agreement

Govt extends bid submission deadline of auction round OALP-X to May

OALP-X is the largest bid round so far, offering 25 blocks spread over thirteen sedimentary basins, covering an area of 1.82 lakh sq km

Venezuela long-standing energy partner, India open to crude sourcing: MEA

India said Venezuela has been a long-standing energy partner and New Delhi remains open to exploring crude supply options based on commercial merit, even as energy security stays the top priority

Suzlon Energy's Q3 results: Net profit increases 15% to ₹445 crore

Suzlon Energy posted a 15% rise in Q3 net profit and record deliveries, signalling strong demand for wind power despite a dip in its share price

India-US energy corridor talks focus on growth-driven energy priorities

India's ambition to maintain high economic growth is closely linked to long-term energy security, Consul General D C Manjunath said, underlining the importance of dialogue and cooperation with the US industry to ensure reliable and affordable energy supplies, while advancing cleaner technologies and innovation. The Consulate General of India (CGI) in Houston on February 4 convened a high-level USIndia Energy Roundtable on the Global Energy Outlook 2026 at its office here, in partnership with the US-India Strategic Partnership Forum (USISPF). The closed-door meeting brought together over 30 senior executives from global energy, engineering, and technology firms, including ExxonMobil, Chevron, Honeywell, GAIL, Larsen & Toubro, Weatherford, LanzaTech, S&P Global, McKinsey, and the Society of Petroleum Engineers. The Consulate General of India said the roundtable was part of its ongoing effort to provide a platform for dialogue between policymakers and industry leaders on shared ..

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

Link power tariff hikes to inflation, suggests expert report to 16th FC

An expert report to the 16th Finance Commission suggests inflation-linked power tariff hikes could ensure timely revenue recovery for discoms and help consumers avoid sharp increases

Bid to address material intensity in renewables, cross-subsidy in power

Cross-subsidisation involves charging higher tariffs to industrial and commercial power consumers to offset lower tariffs for domestic and agricultural users