Page 7 - Energy Sector

Japan's JAPEX buys US tight oil and gas assets in $1.3 billion deal

JAPEX will buy VRIH, which holds assets in Colorado and Wyoming, from Verdad Resources Feeder LLC using a mix of its own funds and debt. The transaction is expected to close by the end of Feb 2026

Harnessing nuclear energy: Bill seeks to address key investor concerns

Changes in the provision on operator liabilities can be expected to encourage investment

Proposed nuclear energy Bill caps operator's liability at ₹3,000 crore

Govt introduces SHANTI Bill in Parliament after amending provisions dealing with thorny issues

Nuclear sector needs strategy, skilled manpower to reach 100 GW by 2047

Revision in insurance policies, fuel-buying plans, and lack of skilled manpower among issues flagged for the industry

India's solar push hits slowdown as transmission and demand gaps emerge

India's rapid solar boom is slowing as grid constraints, weak demand growth, stalled contracts, and rising storage needs push the sector into a recalibration phase

Behavioural change crucial to boost energy efficiency: President Murmu

President Droupadi Murmu on Sunday said behavioural change in every citizen is crucial to bringing energy efficiency to all sectors in the country. Addressing National Energy Conservation Day Function here, she said the consciousness of adopting a balanced lifestyle in harmony with nature is fundamental to India's cultural tradition -- this very sentiment forms the basis of our message to the world, "Lifestyle for Environment -- LiFE". "Participation of every sector and citizen is essential for the success of India's energy transition. Behavioural change is crucial for bringing energy efficiency to all sectors," she said. The President said energy conservation is the most environmentally friendly and reliable source of energy. Energy conservation is not just an option, but the most crucial need of today, she said. She underlined that saving energy doesn't simply mean using less, but utilising energy wisely, responsibly, and efficiently. "When we avoid unnecessary use of electrica

Cabinet clears nuclear energy Bill to open sector to private participation

The draft legislation seeks to amend the Atomic Energy Act 1962 and the Civil Liability for Nuclear Damage (CLND) Act 2010

Naxion Energy plans ₹200 crore expansion, new plant in Hyderabad by 2026

Naxion Energy, a sodium-ion battery company, plans to invest Rs 200 crore by the end of December 2026 to enhance its manufacturing capabilities, including establishing a new facility here. The company also plans to expand its workforce by 50 per cent as part of this initiative. Headquartered in Hyderabad, Naxion Energy has a manufacturing facility in Coimbatore and develops high-performance sodium-ion battery packs for mobility and energy storage applications. As part of its India-wide expansion, the company is setting up a new manufacturing plant in Hyderabad, which is expected to be operational next year, to meet growing demand from OEMs and enterprise customers, Naxion Energy India CEO Abishek Reddy told reporters on Thursday. "Our plans include setting up both an assembly plant and a cell manufacturing facility in Hyderabad, which will be Naxion Energy's second manufacturing plant," he said. Earlier in the day, Naxion Energy announced the launch of its sodium-ion-based energy

Centre has no list of future project cancellations: Pralhad Joshi

The Centre has not cancelled any renewable energy project awards and has prepared no list for future cancellations, MNRE minister Pralhad Joshi told Parliament in a written reply

Rooftop solar's promise hits reality: Who pays for night-time power?

Battery mandates and lower buyback tariffs aim to ease discom losses, but risk slowing household adoption of solar power

Telecom and energy stocks stop November from ending on a flat note

Without them, foreign portfolio investor flows would have gone off-key

India achieved 50% of electricity capacity from non-fossil fuels: MNRE

India has already achieved 50 per cent of its installed electricity capacity from non-fossil fuel sources, five years ahead of the target set under its Nationally Determined Contributions to the Paris Agreement.According to the Ministry of New and Renewable Energy release, as of October 31 2025, the installed capacity from non-fossil sources stands at about 259 GW, with 31.2 GW added in the current financial year up to October.At several places, it is being reported that the Ministry of New & Renewable Energy (MNRE) has issued an advisory to lenders to pause fresh financing to Renewable Energy Projects amid significant overcapacity concerns.It is hereby clarified that MNRE has not issued any advisory to Financial Institutions for stopping lending to either renewable energy power projects or to renewable energy equipment manufacturing facilities.However, MNRE, has circulated to Department of Financial Servies and NBFCs like PFC, REC and IREDA, the status of present installed ...

Centre denies issuing advisory to halt new clean energy financing

The clean energy ministry's letter rattled solar manufacturers in the country, with many raising concerns that the move could choke financing for the entire sector

C&I RE capacity may rise to 60-80 GW by 2030, says MNRE secretary

MNRE secretary Santosh Sarangi said C&I renewables could rise to 60-80 GW by 2030, with this year's installations likely above 5-6 GW via bids and contracts

Commercial & Industrial renewable capacity to hit 60-80 GW by 2030

The official said that by 2030, C&I RE capacity will be between 60 GW and 80 GW

Strains in Australian met coal supply raise energy risks for India: Report

Strains in Australian metallurgical (met) coal supply has heightened energy security risks for India, which depends on imports for 90 pc of its needs, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). The Indian government and steelmakers have begun reducing reliance on Australian met coal but India needs to go further to prevent India's steel sector from being weighed down by long-term energy security challenges, it noted. India aims to reach a crude steel production capacity of 300 million tonnes per annum by 2030. Much of this growth is driven by the blast furnace (BF) technology that uses met coal. As a result, the Indian steel sector depends heavily on imported met coal since domestic met coal does not meet quality requirements due to its high ash and sulphur content. India currently imports around 90 pc of its met coal, primarily from Australia. However, concerns are mounting over the reliability of the future supply from Austral

As India transitions to clean energy, it must empower states for task

The success of net-zero transition depends less on national mandates and more on local innovation

Singapore's energy firm Sembcorp plans IPO of Indian unit, says report

Sembcorp's Indian arm, Sembcorp Green Infra, operates businesses in wind, solar and energy storage, and competes with the likes of Adani Green Energy and Avaada Group

Govt working on ways to reduce energy consumption in AC sector: DPIIT Secy

The government is exploring measures to curb energy consumption in the air conditioning sector, as demand in this segment is expected to spike in the coming years, a senior official said on Monday. Secretary in Department for Promotion of Industry and Internal Trade (DPIIT), Amardeep Singh Bhatia said that in this area, the government is not only looking at introducing new technologies, but also talking about transfer of technologies to promote domestic manufacturing. "As far as the energy consumption side is concerned, there are various areas where you can reduce energy consumption. So there are a number of steps we are looking at...our energy consumption demand is going to be huge in the AC sector in the coming times," he said here at an event. He said these measures are aimed at reducing energy consumption footprint in the country. "So that is something we are designing. We are working with the World bank on it. We are not only looking at introducing new technologies, but also .

Balanced public-private role vital for India's energy sector: Suman Bery

Niti Aayog Vice Chairman Suman Bery on Thursday said a balanced mix of public and private participation is crucial to achieve efficiency, resilience, and innovation in the energy sector. Berry made the remarks while addressing the Energy Security Conference organised by the Confederation of Indian Industry (CII) here. "The structure of our energy market, particularly in hydrocarbons, needs careful rethinking. A balanced mix of public and private participation will be critical to achieving energy efficiency, resilience, and innovation," a statement quoted the Vice Chairman as saying. Bery called for a review of the current market structure of India's energy sector, saying the traditional dominance of public-sector enterprises in hydrocarbons and electricity generation must evolve to reflect the changing realities of the energy transition, CII said in a statement. He said energy security is not just about ensuring supply, it is about affordability, diversification, and resilience. Th