India’s state-run oil firms faced massive losses of an estimated Rs 30,000 crore. They kept fuel and LPG prices stable despite a global energy disruption. This ensured uninterrupted supplies for consumers. The government’s excise duty cuts helped mitigate further losses. India’s approach differed from other nations where fuel prices surged.
Indian engineering firms are now entering the Middle East’s oil and gas supply chains. Global energy companies are broadening their supplier choices. This opens doors for Indian manufacturers meeting strict standards. Companies like LSI-MECH Engineers are gaining approval. The Middle East continues energy infrastructure investment. Diversifying vendor bases is a priority for global firms.
India’s power demand is set for a significant rise of 5.0-5.5 percent in 2026-27. This growth will be fueled by industrial, commercial, agricultural, and household sectors. Emerging sources like electric vehicles and data centers will also contribute. Thermal plant utilization will stay steady. Distribution companies face challenges with high debt and muted tariff hikes, impacting…
India can counter global energy shocks with a three-part plan. This involves supporting small businesses through credit guarantees. It also includes strengthening rural employment with programs like NREGA. Finally, the government should boost public infrastructure investment. This strategy aims to protect growth and incomes amidst rising energy prices and potential supply disruptions.
India’s refinery operations remain robust despite global energy market disruptions from the Strait of Hormuz crisis. The nation has diversified crude purchases, increasing imports from multiple sources, including significant Russian oil acquisition, to maintain domestic fuel supplies. While India’s energy system faces pressure, its efficient buying strategy and diversified sourcing have kept refineries running at…
India’s power distribution sector is undergoing a massive Rs 11.2 trillion transformation by 2035. Smart metering is shifting focus to measurable outcomes, enhancing reliability and enabling intelligence-driven operations. Digital infrastructure, automation, and AI/ML will be key. Over 10 crore smart meters are targeted by FY27, improving billing efficiency and reducing losses.
Reliance Industries plans refinery maintenance. Some units at its 660,000 barrels per day refinery will close for three to four weeks. This shutdown follows Nayara Energy’s operational resumption later this month. A senior petroleum ministry official confirmed the maintenance schedule. Reliance will undertake routine upkeep of a crude unit and other secondary units.
Speculation mounts over potential petrol and diesel price hikes as assembly elections conclude, despite government assurances. The IMF urges India to pass on higher crude oil costs to consumers, arguing it would temper demand and allow market adjustments, while advocating for targeted subsidies for vulnerable populations.
India faces cooking gas shortages due to global events. Villagers in Uttar Pradesh are turning to biogas, made from cow dung, as a reliable alternative. This homegrown fuel powers kitchens and provides valuable fertilizer. The government supports biogas production to meet carbon neutrality goals. This innovation offers a sustainable solution for rural energy needs.
The United States has launched “Project Freedom” to reopen the Strait of Hormuz. Secretary of State Marco Rubio stated that America is uniquely positioned to ensure safe passage for commercial vessels. This initiative responds to requests from multiple nations facing disruptions. The operation aims to restore normal maritime operations and end Iran’s actions impacting global…