Energy Sector

US happy to become provider as India diversifies energy sources: Official

India-US ties have grown significantly over the past year, with Washington emerging as an important energy supplier to New Delhi as it diversifies its sources, a senior US official has said. US Department of State Deputy Assistant Secretary Bethany Morrison on Thursday said the relationship between the two countries now spans energy, defence, commercial cooperation and multilateral engagements, with South Asia becoming a major priority for the Trump administration. "When you look at India, just over the last year with the US-India partnership, the scale and breadth of that relationship has grown from last year," Morrison said at a roundtable organised at the New York Foreign Press Centre. She also cited the 10-year defence framework agreement between India and the US and new initiatives in the energy sector as examples of the expanding partnership. "India for the first time in 20 years reformed their nuclear regulatory environment by passing the SHANTI Act, and now we're moving ...

India vows to protect energy security, warns US tariffs could hit ties

India remains firmly committed to ensuring energy security for its 1.4 billion people, and it will continue to do so through diversified sourcing, the Ministry of External Affairs (MEA) said on Thursday while reacting to the US' Russia sanctions legislation. The US House of Representatives has passed the Lindsey O Graham Sanctioning Russia and Iran Act that authorises President Donald Trump to impose sanctions on Russia and steep tariffs on its trading partners such as India and China in the oil and gas sector. "As stated on several earlier occasions, India remains firmly committed to ensuring energy security for its 1.4 billion people," the MEA said in a statement. "It will continue to do so through diversified sourcing and on the basis of evolving market dynamics," it said. The MEA said the issue has been "discussed at high levels in recent months with various US interlocutors". "Its potential implications for not just the bilateral relationship but also the international energy

Smart tech powers India's energy needs

Smart grid technology and modern transmission infra are critical for country's renewable-powered economic agenda

Brics nations call for smooth flow of energy supplies amid W. Asia conflict

The Delhi Declaration urged maximum restraint and diplomacy as grouping seeks stable energy markets, uninterrupted supplies and resilient infrastructure amid escalating tensions

Brics 2026: Energy industry seeks easier cross-border investments

Companies want easier cross-border investment, technology partnerships, development-bank financing and stronger cooperation on critical minerals, smart grids and biofuels

L&T secures up to ₹5,000 cr offshore order for west coast energy projects

The order covers development of the Ratna-I and NLM-14 projects off India's west coast, including new platforms, subsea pipelines and brownfield modifications

Brics ministerial meetings: What India's 2026 chairship delivered

The outcomes from ministerial and heads of agencies meetings cover trade, technology, energy, agriculture, health and other areas

India brings nuclear fusion into energy planning as deployment talks begin

The SHANTI Act draft rules and a government-appointed expert panel are bringing fusion into India's regulatory and energy-planning framework, though commercial power generation remains decades away

Indonesia, China discuss increasing defence cooperation and energy security

Top ministers for Indonesia and China discussed increasing defence cooperation and strengthening food and energy security between the two Asian nations during meetings on Friday in Jakarta. Indonesian Foreign Minister Sugiono said they aimed to ensure a new bilateral dialogue delivered progress toward their priorities for strengthening cooperation: political, economic, security, maritime and people-to-people relations. China's Foreign Minister Wang Yi said Indonesia and China also agreed to better coordinate on their major priorities of development and security, so as to provide strong safeguards for the modernisation of both countries. "We will jointly oppose unilateral bullying and power politics. We must also remain vigilant against attempts in the region to challenge the outcomes of victory in World War II and turn back the wheel of history. We should safeguard international fairness and justice, as well as the legitimate rights and interests of developing countries," Wang said

Shera Energy eyes 25-30% revenue growth in FY27, bets on capacity expansion

Jaipur-based Shera Energy is targeting 25-30 per cent revenue growth in the current financial year, supported by capacity expansion and foray into new value-added products to cater to the power and renewable energy sectors, according to a top company official. The NSE-listed company, which is also into recycling, began operations in 2003 with aluminium winding wires and had annual revenues of around Rs 20 crore during its early years, its Chairman and Managing Director Naseem Sheikh said in an interaction with PTI. In FY26 Shera Energy reported annual turnover of Rs 1,640 crore. The company manufactures winding wires and other electrical products using copper, aluminium and brass, catering primarily to transformers, motors and other electrical equipment. "This year, we intend to grow another 25-30 per cent on our revenues and bottom line," Sheikh said. To achieve its goal, Shera Energy is expanding its product portfolio into higher value-added segments, including solar ribbon and

India opens nuclear power sector to proven foreign reactor technology

Draft rules allow private companies to seek in-principle approval for vendor tie-ups, land, and preliminary work, while nuclear projects will face stage-wise regulatory scrutiny

PM Modi flags energy security, critical minerals as key future priorities

The Prime Minister said rising demand from chips, AI and data centres makes energy security crucial, while India is also working to secure critical mineral supply chains

Tighter energy norms to cut profitability of urea makers by a qtr: Crisil

Crisil said impact will not be uniform, as it will be sharper for manufacturers with greater dependence on legacy urea ops and for plants that benefited most from earlier efficiency-linked savings

India needs to boost strategic storage capacity: BP India head Dube

BP India Chairman Kartikeya Dube says India should expand strategic reserves, diversify energy sources and increase domestic oil and gas production to enhance energy security

Weekly economy wrap: Factory growth accelerates as govt unveils energy push

Industrial and services activity strengthened, while fiscal spending, energy security and export competitiveness dominated the policy agenda

Cabinet clears ₹84K cr scheme to boost offshore energy exploration

The National Offshore Exploration Scheme aims to boost domestic oil and gas production through seismic surveys, deepwater drilling and shared offshore infrastructure

Solar met over 20% of peak power demand in June quarter: CREA report

Solar generation rose 37 per cent year-on-year in Q1FY27 and met more than one-fifth of peak electricity demand as renewable energy's role in India's power mix expanded

Energy diversification cushions India against Strait of Hormuz turmoil

Despite the 14-point memorandum of understanding signed between the US and Iran on June 18 to end conflict, carriers have preferred to use land routes from ports east of the Strait of Hormuz: Experts

India's energy intensity falls 30% since 1991, easing oil shock risks

This means that while the economy may use larger amounts of energy on an absolute basis as it grows, it is now generating more output per unit of energy consumed than before

Telecom, energy, and commodities may lead Q1FY27 earnings growth

Reliance Industries, Hindalco Industries and ONGC are expected to lead the growth charts in revenue