Prime Minister Narendra Modi is scheduled to arrive in Rajasthan this Tuesday, where he will unveil a transformative project—the country’s inaugural greenfield integrated refinery-cum-petrochemical complex at Pachpadra.
India’s T&D sector is poised for sustained growth, driven by an estimated INR 9 trillion capex through 2032. Despite temporary ordering slowdowns due to high capacity utilization and longer lead times for high-voltage transformers, a positive outlook remains. Global demand surges, particularly in the US and Europe, present significant export opportunities for Indian manufacturers.
India is gearing up to fast-track the integration of flex-fuel vehicles into its automotive landscape. These innovative cars are capable of using higher blends of ethanol, paving the way for decreased dependence on imported oil. As the global oil markets grapple with instability stemming from geopolitical conflicts, this initiative is timely.
India has increased the number of Russian insurers authorized to provide marine cover for ships docking at its ports. This move allows more Russian companies to offer protection and indemnity coverage. The expanded list includes several Russian firms with registrations valid until 2026, 2027, 2029, and 2030.
Oil tankers from various nations are successfully passing through the Strait of Hormuz. These vessels are carrying vital oil and gas supplies to destinations across Asia and Europe. Despite ongoing tensions, maritime traffic continues to flow, ensuring global energy needs are met. This movement highlights the resilience of international trade routes.
India’s offshore drilling sector is facing a significant challenge. Oil and Natural Gas Corporation (ONGC) has cancelled multiple tenders for jack-up rigs. This has led rig operators to consider withdrawing their assets from India. Such actions could disrupt domestic oil production. The situation raises concerns about the future of offshore exploration in the country.
India’s peak power demand surged to nearly 239 GW on April 18, the highest this summer, driven by rising temperatures and increased cooling loads from air conditioners and agriculture. This figure surpasses last year’s peak, and with heatwave conditions predicted, further electricity consumption increases are expected, with the power ministry projecting a peak demand of…
India and Sri Lanka initiated conversations about a new oil pipeline, aiming to enhance energy cooperation. They also delved into topics like advancing bilateral relations, collaborative housing developments, and the challenges faced by fishermen. This visit underscored India’s commitment to its ‘Neighbourhood First’ policy, emphasizing its proactive role in regional issues.
India can significantly cut LPG imports by blending 20 per cent dimethyl ether, derived from coal gasification. This move could save 6.3 million tonnes of LPG annually, translating to over USD 4 billion in foreign exchange. The Bureau of Indian Standards permits this blending. Domestic DME production is currently limited, but a clear policy can…
India’s LPG consumption plummeted by 13% in March due to West Asia conflict-induced supply disruptions. Despite government efforts to boost domestic production and meet household demand, commercial and bulk sales saw significant drops. However, overall LPG consumption for the fiscal year ending March 2026 still registered a 6% increase.