The Central Electricity Authority has proposed increasing fixed monthly electricity charges, which could raise household power bills even with lower usage. The move aims to help power distributors recover costs as rooftop solar adoption and captive power generation reduce electricity purchases from discoms. Separate tariff structures for solar users have also been suggested.
India prioritises energy security, emphasising the need for a clear global energy market perspective without double standards, according to Foreign Secretary Vikram Misri. This statement follows EU sanctions targeting Russia’s energy sector, including restrictions on the Vadinar refinery.
India Ratings and Research (Ind-Ra) projects coal-based power will remain crucial for base load management in the medium term, despite strong renewable capacity additions. Thermal capacity additions are expected to accelerate in FY26, driven by demand expectations. Ind-Ra maintains a stable outlook for thermal, solar, and wind power projects, citing healthy performance and payment trends.
IndianOil has significantly increased Auto LPG supplies in Bengaluru by nearly 300 percent. This action addresses a sharp surge in demand caused by disruptions in private sector supply chains. The company is working to stabilize fuel availability for the city’s transport system. Supplies across Karnataka have also doubled. IndianOil’s outlets are operating without interruption to…
The Atomic Energy Regulatory Board (AERB) has granted approval for excavation activities for Units 1 and 2 of the Mahi Banswara Rajasthan Atomic Nuclear Power Project (MBRAPP). This project, a joint venture between NPCIL and NTPC, will feature 700 MWe pressurized heavy water reactors. The foundation stone for the Rs 42,000 crore project was laid…
Asia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. This is driving a significant shift towards clean energy alternatives, with electric vehicles and solar power adoption accelerating across the region. A prolonged crisis could lead to a dramatic transformation, mirroring Europe’s response decades ago.
Pakistan is proposing a bonded storage plan to boost its energy security by allowing international suppliers to hold petroleum stocks. The government aims to build strategic reserves, funded by a levy on fuel, and increase local supply capacity. This initiative comes as Pakistan lacks strategic petroleum reserves despite heavy reliance on Gulf imports.
Russia’s state nuclear corporation has delivered the initial nuclear fuel for the third reactor at India’s Kudankulam plant. This marks a significant step in expanding the plant’s capacity. The delivery coincides with Russian President Vladimir Putin’s visit to New Delhi.
ONGC anticipates natural gas will drive its future growth and profitability. New high-priced gas production is set to increase significantly, meeting rising domestic demand. Projects like Daman and KG-98/2 are expected to boost gas output. ONGC is also expanding its renewable energy portfolio and seeking cost savings. The company is strategically shifting towards gas.
Britain has imposed sanctions on 135 Russian shadow fleet oil tankers, targeting vessels used to evade restrictions and fund Moscow’s war in Ukraine. The move also includes sanctions on two firms linked to oil transport. The UK aims to curb Russia’s $24 billion oil trade since 2024 and tighten economic pressure as Russia continues its…