India’s biogas sector is poised for significant growth. Investments are expected to exceed Rs 5,000 crore by 2026-27. This surge is fueled by strong investor interest and a growing compressed biogas pipeline. The sector is witnessing increased market uptake and offers benefits like cleaner cooking fuel and rural employment. Policy support and efficiency improvements will…
The Supreme Court has sided with the Himachal Pradesh government, mandating JSW Hydro Energy to supply 18% free electricity from its Karcham Wangtoo plant. This decision overturns a High Court order that had limited the free supply to 13%, reinforcing contractual obligations over regulatory caps.
Maharashtra State Road Transport Corporation will implement a new fuel-saving initiative. The plan aims to reduce daily diesel consumption across all depots. Drivers will be trained and rewarded for efficient fuel use. Technical inspections and repairs will be prioritized. This campaign seeks to improve MSRTC’s financial health and conserve national resources.
Indian oil companies face significant financial strain. LPG under-recoveries may reach Rs 80,000 crore by FY2027. Supply disruptions and high global prices impact profitability. Fertiliser costs are rising sharply, requiring increased government subsidy. Chemical and gas sectors also see margin pressures. Elevated costs will affect downstream sectors in FY2027.
Torrent Electricals plans to invest over Rs 1,000 crore in its new housing wire vertical to boost manufacturing and distribution. The company, a new entrant in this fast-growing segment, has launched its products in Gujarat and aims to expand to other states. This move aligns with the increasing demand in the wire and cable market,…
India’s Russian oil imports are set to exceed 1 million barrels per day in December, defying expectations of a decline. Refiners are resuming purchases from non-sanctioned entities offering significant discounts, maintaining strong ties despite Western sanctions. This trend is expected to continue into January, with state refiners increasing their intake.
Oil Marketing Companies (OMCs) saw a significant reduction in LPG under-recoveries during Q1 FY26, decreasing by approximately 35% due to price hikes and moderated sourcing costs. Despite this improvement, under-recoveries remained substantial, leading to a cumulative burden.
Rosatom’s Isotope – Regional Alliance JSC and the Research Institute of Nuclear Reactors participated in NICSTAR-2026 in Mumbai, showcasing their expertise in isotope and radiation applications. The event facilitated strengthening existing customer agreements and forging new global partnerships, highlighting Rosatom’s commitment to advancing isotope technology for industrial, medical, and agricultural sectors worldwide.
Power Grid Corporation of India has secured a significant financial boost. Its board approved raising up to Rs 4,000 crore. This funding will come from the State Bank of India through a bank facility. Powergrid, a key player under the Ministry of Power, is India’s largest electric power transmission utility. This move strengthens its financial…