Page 3 - Energy Sector

Energy mix needed to meet long-term power demand: Union Power Secretary

Union Power Secretary Pankaj Agarwal on Saturday stressed the need for an "energy mix" approach to meet long-term power demand and asked Rajasthan power utilities to accelerate projects based on a combination of renewable and conventional sources. During a review meeting with senior officials of the state's energy department and power companies here, Agarwal said bundling renewable and non-renewable energy sources would help manage the rising electricity demand more efficiently. He noted that decentralised solar projects under the PM-KUSUM Scheme have gained momentum in Rajasthan, but also flagged challenges related to the grid integration of solar power. The Union Power Secretary emphasised the need to strengthen grid stability and to develop battery energy storage systems in a timely manner to ensure an uninterrupted power supply during peak hours, as per an official statement. He also reviewed issues such as daytime electricity supply to the agriculture sector in 24 districts, l

Govt advises against panic buying, says fuel supplies adequate

The government on Saturday urged citizens to avoid panic buying of petrol, diesel and LPG, saying fuel supplies remain adequate despite disruptions linked to the closure of the Strait of Hormuz. The Ministry of Petroleum and Natural Gas said the government is taking proactive steps to ensure the uninterrupted availability of petroleum products and cooking gas, while advising people to rely only on official information and conserve energy. The government has prioritised domestic LPG and piped natural gas (PNG) supplies, particularly for households, hospitals and essential services, and has implemented measures to boost refinery output and manage demand, including extending LPG refill intervals. Authorities have also stepped up enforcement against hoarding and black marketing, conducting more than 3,700 raids and issuing around 1,000 show-cause notices to LPG distributors, with 27 dealerships suspended so far. Despite supply pressures from the geopolitical situation, there are no ...

Datanomics: India's energy efficiency gains amid import woes deepen

Hormuz tensions strain India's fuel supply despite efficiency gains

PNGRB halts implementation of oil & gas consumer protection rules

The strict enforcement of certain provisions amid supply disruptions from the West Asia war may impact companies, the regulator said

IMF, IEA, World Bank join hands to manage West Asia crisis impact

IMF, IEA and World Bank form coordination group to assess and manage energy and economic fallout of West Asia crisis, focusing on supply disruptions and global stability

No dearth of fuel or gas in country: Defence Minister Rajnath Singh

Defence Minister Rajnath Singh on Thursday said that there is "no dearth of fuel or gas in the country" and India was ready to deal with any energy crisis resulting out of the West Asia conflict. Singh, speaking at a Sainik Samman Sammelan in poll-bound Kerala, said that Indian Navy ships were safely escorting the country's tankers through the Strait of Hormuz. The defence minister further said that Prime Minister Narendra Modi was using his diplomatic skills to protect Indian interests in the Gulf region. "We are closely monitoring the state of affairs in West Asia and are prepared to deal with any situation," he said. Singh, during his speech, urged everyone to choose the BJP in the assembly polls as it was the correct political party to bring changes to the state, as it came with "Modiyude guarantees" (Modi's guarantees). "His leadership is like 24-carat gold -- it is tried and tested," he contended. The elections to the Kerala Assembly, which has 140 seats, will be held on Ap

War in West Asia risks triggering a new era of oil-induced stagflation

The war could result in huge geoeconomic shifts. The big immediate winner is Russia, benefitting from higher oil prices and the removal of sanctions

Don't waste the oil shock, use it to secure India's energy future

Crude oil imports alone in 2025-26 are around 225 Mt. At $120 per barrel, the annual import bill for crude oil will be around $160 billion, compared with $80 billion at a crude price of $60 per barrel

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