A fire erupted at the Pachpadra refinery in Rajasthan’s Balotra district. Chief Secretary V Srinivas and Chief Minister Bhajanlal Sharma are reviewing the incident. The fire occurred in the Crude Distillation Unit section. Fire tenders worked to control the flames. The Prime Minister’s scheduled visit to inaugurate the refinery has been postponed due to the…
Artificial intelligence (AI) is rapidly becoming the largest energy hog within worldwide digital infrastructure. In my latest research, published in the academic journal Joule today, I show that AI systems were responsible for up to 20% of global data center power demand by the end of last year. Moreover, this share could approach half of…
India is a power-surplus nation but needs energy storage. Pumped storage projects will store excess green power. This will meet electricity needs when the sun is not shining. Floating solar projects can reduce reservoir evaporation. Many projects are under construction and in planning. The country has significant potential for these storage systems.
The Donald Trump administration has issued a short-term waiver allowing countries to continue buying sanctioned Russian oil loaded on ships until May 16, aiming to stabilise global energy prices amid the US-Israeli war on Iran.
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.
Indian oil refiners, the top buyers of Russian crude, are exploring alternative sources like Azerbaijan, Nigeria, and the UAE amid fresh EU sanctions on Moscow. While no major shift has occurred yet, purchases from less typical suppliers suggest early diversification. Sanctions on a Russian-linked Indian refiner and tightening global trade dynamics are prompting a reassessment…
Nayara Energy, backed by Rosneft, has denounced the EU sanctions as unjust and harmful to India’s interests, reaffirming its commitment to invest Rs 70,000 crore in downstream projects. The company argues the sanctions threaten India’s energy security by disrupting petroleum product supplies.
India is pressing its coal producers to enhance fuel quality due to persistent complaints from the power sector regarding shipments failing to meet agreed specifications. The power ministry has proposed measures, including rigorous testing upon arrival and auger sampling, to ensure accuracy and address discrepancies in heating value and composition. These issues impact costs, railway…
Global infrastructure investors and domestic smart meter makers are showing strong interest in acquiring IntelliSmart Infrastructure. The company, owned by NIIF and EESL, is expected to be valued at $400 million. This sale aligns with India’s ambitious smart meter rollout under the Revamped Distribution Sector Scheme.
The West Asia conflict highlights India’s energy vulnerabilities, presenting a prime chance for crucial sector reforms, according to Axis Bank Chief Economist Neelkanth Mishra. He stressed the need for correct energy pricing to fuel growth, noting industry faces the world’s most expensive electricity. Mishra urged reforms to boost efficiency and prevent rupee depreciation, citing Japan’s…