Energy Sector

Canada, India pledge to grow oil, petroleum trade in energy reset

The renewed push marks one of Prime Minister Mark Carney's major efforts to diversify Canada's export markets at a time of escalating trade tensions with the US

India-EU FTA signed, energy sector offers $500 bn opportunity: PM Modi

Prime minister says pact covers a quarter of global GDP as India builds export-oriented energy ecosystem

India's energy sector offers $500 billion investment opportunities: PM Modi

Prime Minister Narendra Modi on Tuesday said India's energy sector offers USD 500 billion investment opportunities and urged global investors to invest in the country. Addressing the India Energy Week 2026, he said, "India is a land of opportunities for the energy sector as demand is continuously increasing India will soon become the world's largest oil refining hub" The Prime Minister said the nation is targeting USD 100 billion investments in the oil and gas sector by 2030, and the oil refining capacity will be expanded from 260 million tonnes per annum to 300 MTPA. He said that India is riding the reforms express and undertaking reforms across sectors. Modi said the India-EU Free Trade Agreement complements the India-UK trade deal, as it will boost the manufacturing sector and support services. He said people are discussing the India-EU trade deal as the "mother of all deals" and this agreement has brought a lot of opportunities for 140 crore Indians as well as Europeans. Thi

India Energy Week kickstarts in Goa on Tuesday amid geopolitical turmoil

The country is hosting the fourth edition of IEW, bringing global energy ministers, industry leaders, policymakers, financial institutions, academia and technology providers on a common platform

Swelect Energy Systems rebrands, launches NUMERGY energy storage line

SWELECT Energy Systems Ltd on Wednesday unveiled a new brand logo and the tagline 'Powering the World Responsibly' as it seeks to strengthen its presence in solar, energy storage, and integrated energy solutions, a company official said. The Chennai-based company also announced the launch of its NUMERGY product portfolio, a comprehensive range of Battery Energy Storage Systems (BESS) designed to meet the growing demand for reliable power across residential and commercial applications. In a press release, SWELECT Energy Systems Ltd founder and vice chairman R Chellappan said, "Our new identity reflects how far we have come and where we are headed. From building dependable power solutions under Numeric to focusing on clean energy through SWELECT, our core values remain the same-reliability, responsibility, and trust." The new logo and tagline signal a clear strategic direction as the company expands its presence in solar, energy storage, and integrated energy solutions, the release ..

Compressed biogas emerges as fast-growing pillar of India's energy mix

India's compressed biogas sector has expanded rapidly in recent years, aided by policy support, blending mandates and investment, though challenges around feedstock and scale persist

WEF 2026 Davos meet starts today: Who all are part of India delegation

2026 Davos summit: The five-day meeting, held under the theme "A Spirit of Dialogue," is expected to focus on economic resilience, AI, energy transition, and global risks

Coal ministry signs development agreements with DVC for three blocks

The three projects are expected to create around 66,248 direct and indirect employment opportunities, fostering livelihood generation and regional development in the coal-bearing areas

Adani group to invest ₹1.5 trn in Kutch, boost energy and port capacity

Karan Adani, managing director of Adani Ports & SEZ Ltd, on Sunday said that the Adani Group will invest Rs 1.5 lakh crore over the next five years in Gujarat's Kutch region. Adani was addressing the Vibrant Gujarat Regional Conference (VGRC) for the Kutch and Saurashtra regions held in Rajkot in the presence of Prime Minister Narendra Modi, Gujarat Chief Minister Bhupendra Patel, Deputy Chief Minister Harsh Sanghavi, and several industry leaders. "The Adani Group is committed to investing Rs 1.5 lakh crore over the next five years in the Kutch region. We will complete our Khavda project and commission the full 37 GW capacity by 2030, and we will also double our port capacity at Mundra in 10 years," he said. Adani said that every one of these investments aligns with India's national priorities: employment generation, industrial competitiveness, sustainability, and long-term resilience. "At a time when the global economy faces uncertainty and fragmentation, India is emerging as a ..

India-led ISA to keep working to meet goals despite US withdrawal

The withdrawal would mean ceasing of US participation and funding to these organisations

Three key trends that will shape India's energy trajectory in 2026

India's energy sector in 2026 will be influenced by shifts in crude oil sourcing, the rising share of clean energy and the growing role of private capital in renewables, nuclear power and distribution

Goldi Solar to add 5 GW module, 16 GW cell capacity by FY28 to meet demand

Goldi Solar is looking to add around 5 gigawatt of solar module and 16 gigawatt of cell manufacturing capacity in the country over the next two financial years to support the domestic demand, industry sources said. The Gujarat-based renewable energy player presently owns and operates three solar module manufacturing facilities near Surat, having a combined capacity of 15.2 gigawatt (GW). According to the industry sources, Goldi Solar is looking to scale up its module-making capacity to over 20 GW. The company is learned to be working on a draft plan to add 5 GW of module capacity. It already has 15.2 GW of capacity approved under the government's ALMM framework. The Approved List of Models and Manufacturers (ALMM) is an initiative of the Ministry of New and Renewable Energy (MNRE) that supports India's 'Make in India' vision by promoting local manufacturing, reducing import dependency, and generating new employment. It also aligns with India's renewable energy targets by ensuring t

How energy flowed between hiccups and hope as solar stayed bright in 2025

Solar was a bright spot in a year marked by domestic challenges, like oil imports, and global concerns, such as climate change

Can nuclear deliver for India? The SHANTI Bill raises tough questions

The SHANTI Bill opens the door to private participation but it may not transform India's nuclear energy future

Evaluating setting up shop in United States: Vikram Solar chairman

Vikram Solar Chairman Gyanesh Chaudhary says consolidation is under way in renewables, with capacity expansion, upstream investments and plans to explore the us market despite sector headwinds

Mixed resources to contribute 20-25% of 75-85 Gw RE capacity in FY26, FY27

Policy support and robust pipeline to drive additions; transmission and PPA delays remain key execution risks

India's energy jobs boom exposes the myth of AI-led job destruction

AI has been framed as a job-stealing force. The electricity sector tells a different story

Growth potential and earnings factored into GE Vernova's valuations

A large HVDC order win, rising transmission capex and renewable energy push strengthen GE Vernova T&D's earnings outlook, but high valuations already price in much of the upside

India reclaims third place in global wind market in 2025: BNEF report data

BloombergNEF says India is set to add 6.2 GW of wind projects in 2025, helping it reclaim third place globally and narrowing the gap with the US in second place

India's clean energy transition's biggest potential lies in agriculture

India's clean energy transition can gain scale through agriculture, using decentralised renewable energy to cut post-harvest losses, create green jobs and boost farmer incomes across rural India