Himachal Pradesh’s Revenue Minister Jagat Singh Negi announced that the 450 MW Shongtong hydroelectric project in Kinnaur district is nearly 60% complete and is expected to be finished by December 2026. Negi also instructed officials to register government properties, especially PWD roads existing for over 20 years, in revenue records by August 1, 2025, ensuring…
India’s electricity regulator is reviewing power exchange transaction fees. A fixed fee of 1.5 paise per unit is being discussed for most trades. Lower fees for longer-term contracts are also under consideration. This move aims for greater transparency and predictability for market participants. The regulator is also planning market coupling from 2026. This could benefit…
GAIL has taken its dispute with the Petroleum and Natural Gas Regulatory Board to the Delhi High Court. The regulator wants to separate gas transportation and marketing, a reform mandated in 2017. GAIL argues this will harm its integrated business. A committee report supports the regulator’s stance, stating the Indian gas market has evolved.
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…
To boost coal demand and lower electricity costs, Coal India Limited has taken a new step. Power plants using CIL coal can now sell surplus electricity in power exchanges. This began on August 1. Earlier, power generators could only supply power under existing agreements. The revised policy allows sale of un-requisitioned surplus power in the…
India’s crude oil imports from Russia surged in March, with purchases tripling to €5.3 billion as volumes doubled and prices rose, according to Centre for Research on Energy and Clean Air. The spike followed a US sanctions waiver, prompting state refiners to resume buying. Russia remained India’s top supplier, while China led overall purchases. Asian…
Global strategic oil reserves reached 2.5 billion barrels by year-end. China, the United States, and Japan hold the largest stockpiles. The US is releasing oil to lower prices. Other nations also maintain significant reserves. China notably increased its reserves in recent years.
The Centre says a new law is needed to plug gaps in India’s nuclear framework, citing limits of the Atomic Energy Act, 1962 and the CLNDA, 2010. It flagged weak safety mandates, limited regulatory capacity and the absence of any requirement for proactive nuclear governance.
India is boosting Russian oil imports and reviving supplies from Africa, Iran, and Venezuela. This strategy aims to fill a crude oil gap caused by Middle East disruptions. Despite challenges, India has avoided fuel shortages seen elsewhere. Refiners are securing additional Russian oil under a US waiver. African and other alternative sources are proving useful.
India is set for a massive power transmission investment of nearly Rs 9 trillion by 2032, according to a Kotak Neo report. This will support the country’s clean energy goals by building essential grid infrastructure. Renewable energy capacity is growing rapidly, requiring extensive transmission lines and substations. High-Voltage Direct Current systems will be crucial.