Page 2 - Energy Sector

Coal demand rises in India as West Asia crisis disrupts gas supply

Coal demand in India is rising as the West Asia crisis disrupts gas supplies, prompting higher auctions by Coal India and pushing industries to reconsider fuel choices amid tightening energy markets

Bio-isobutanol can be India's answer to energy insecurity: Dilip Patil

As West Asia tensions strain energy supplies, industry backs bio-isobutanol blending in diesel to boost energy security without affecting mileage, using existing distilleries with minimal investment

Energy crisis: Govt offers 21 oil, gas blocks for exploration in OALP bid

Government launches OALP-XI offering 21 blocks across 80,228 sq km to fast-track exploration and strengthen energy security amid rising import dependence

Credit to renewable energy sector doubles to ₹10,325 crore in 2025

Outstanding credit to renewable energy sector nearly doubles in 2025, reflecting stronger banking support for energy transition and infrastructure expansion

West Asia war: Govt relaxes kerosene norms to tackle energy supply issues

The Ministry said that the measures would enable the ad-hoc distribution of kerosene to households for cooking and lighting in 21 states and federal territories

Energy security, citizens' interests top priorities: Modi at meet with CMs

Prime Minister Narendra Modi on Friday said the global situation arising out of the West Asia conflict remains dynamic, and asserted that maintaining economic and trade stability, ensuring energy security, strengthening industry and supply chains, and safeguarding citizens' interests remain the government's top priorities. Chairing a meeting of chief ministers virtually, Modi said the situation necessitates continuous monitoring and adaptive strategies, as he called for constant communication and coordination between the Centre and the states, along with timely sharing of information and joint decision-making, so that the responses are swift and well-aligned. Urging the chief ministers to ensure the smooth functioning of supply chains and to take strict measures against hoarding and profiteering, Modi cautioned against the spread of misinformation and rumours, asserting that timely dissemination of accurate and credible information is essential to prevent panic. Referring to the ...

A month of LPG supply arranged amid West Asia conflict, says govt

The demand for LPG cylinders had risen to 89 lakh due to panic ordering by consumers and has now come down to 50 lakh cylinders again

India ready for peak power demand, but supply, transmission risks remain

India is better prepared to meet a record 270 Gw peak power demand this summer, supported by strong coal stocks and renewables, though geopolitical tensions and grid constraints pose risks

ONGC plans $20 billion deepwater push amid energy security concerns

ONGC plans to spend $18-20 billion to hire deepwater rigs in its largest exploration push, seeking drillships and semi-submersibles for up to five years to boost production

Power Grid outlook strong on capex push, but valuations look stretched

Power Grid's strong capex pipeline and improved execution support growth outlook, but elevated valuations temper upside for the regulated utility

India ready for peak power demand, but supply, transmission risks remain

India is better prepared to meet a record 270 Gw peak power demand this summer, supported by strong coal stocks and renewables, though geopolitical tensions and grid constraints pose risks

PLNG valuations remain attractive, but near-term downtrend likely

Petronet LNG (PLNG) gets 8.5 mmtpa of LNG from Qatar (50 per cent of its volume) and PLNG has issued a press release in response to QatarEnergy's notice of force majeure

Strikes on Gulf energy infra spark fears of prolonged global impact

This new phase of the war began Wednesday, when Iran carried out a retaliatory missile strike on Ras Laffan, Qatar's vast energy complex

War, emerging geopolitical faultlines: West Asia war jolts global economy

Iran's decision to shut off the Strait of Hormuz on March 1 was not merely an act of retaliation; it was a calculated demonstration of its enduring capacity to disrupt the global commons

Oil prices plunge; two Indian LPG tankers cross Strait of Hormuz

Oil prices dropped sharply after Trump paused Iran strikes, while Indian LPG tankers crossed the Strait of Hormuz amid supply concerns and disruptions in West Asia

West Asia war, fresh US trade probes fuel market volatility: RBI bulletin

The conflict in West Asia and fresh trade investigations by the US have resulted in increased volatility in the global markets, the RBI bulletin said on Monday. India's foreign exchange reserves remain adequate to provide a cushion against external shocks, said an article on the state of the economy published in the bulletin. The second advance estimates of GDP for 2025-26 indicate sustained resilience of the Indian economy, it noted. "High-frequency indicators signal towards economic activity gaining momentum in February," the article said. It further said CPI headline inflation picked up in February on account of food and beverages. System liquidity has remained comfortable, and the total flow of financial resources to the commercial sector rose, with a rise in financing from both the bank and non-bank sources, it added. The central bank, however, said views expressed in the article are those of the authors and do not represent the views of the Reserve Bank of India.

Coal gasification key to India's energy security, says G Kishan Reddy

Union Minister for coal and mines G Kishan Reddy on Sunday said coal gasification will play an important role in strengthening India's energy security, reducing imports and supporting industrial growth. This push has gained urgency amid the West Asia conflict, which has driven up global energy prices. He was speaking during the Bharat Electricity Summit 2026. Describing coal gasification as a key transformative technology, he said it converts coal into Syngas, which can be further used to produce cleaner fuels, chemicals, fertilizers, and hydrogen. This approach enables more efficient and sustainable use of domestic resources while enhancing economic resilience. He also pointed out India's dependence on imports, approximately 83 per cent of crude oil, 50 per cent of natural gas, and over 90 per cent of methanol and fertilizers, making energy security a strategic priority. To promote adoption, the Centre has launched the National Coal Gasification Mission with a target of 100 mill

India faces Qatar LNG supply risk after Iran strikes hit capacity

India, the world's fourth-largest LNG importer, relies on Qatar for about 41 per cent of its gas imports

India's gas utilities eye market share gains amid LPG shortage crisis

The push underscores the nation's struggles with liquefied petroleum gas, used in more than 330 million homes to cook meals, as well as in industries from steel to automobiles

Energy fallout from Iran war signals a wake-up call for renewable energy

The war in Iran is exposing the world's reliance on fragile fossil fuel routes, lending urgency to calls for hastening the shift to renewable energy. Fighting has all but halted oil exports through the Strait of Hormuz, the narrow waterway that carries about a fifth of the world's oil and liquefied natural gas, or LNG. The disruption has jolted energy markets, pushing up prices and straining import-dependent economies. Asia, where most of the oil was headed, has been hit hardest, but the disruptions also are a strain for Europe, where policymakers are looking for ways to cut energy demand, and for Africa, which is bracing for rising fuel costs and inflation. Unlike during previous oil shocks, renewable power is now competitive with fossil fuels in many places. More than 90% of new renewable power projects worldwide in 2024 were cheaper than fossil-fuel alternatives, according to the International Renewable Energy Agency. Oil is used in many industries beyond generating electricity,