India faces a dual threat from dangerously hot summers and increasingly sweltering nights, exacerbated by global warming and urban heat islands. This sustained heat strains both people and power infrastructure, leading to record energy demand and widespread blackouts, particularly impacting vulnerable populations.
Ship-tracking data and people familiar with the matter point to a dip that would come after imports fell in December to a three-year low. That was a third below their peak in June.
India’s power consumption saw a minor decrease of 1.5% in June. The dip is attributed to the early arrival of the monsoon season. This reduced the need for cooling appliances. Peak power demand also experienced a slight decline. The Indian Meteorological Department had predicted hotter temperatures. However, the early monsoon provided relief.
India is planning a significant expansion of its nuclear energy sector. Experts emphasize the need for new financial strategies and robust risk-sharing frameworks. The SHANTI Act of 2025 is enabling private sector involvement. Accelerating site studies and ensuring long-term fuel supply are crucial steps. These efforts aim to boost clean energy generation and achieve ambitious…
Nayara Energy, an Indian refiner recently sanctioned by the EU, is reportedly shifting to domestic firms after Microsoft suspended its services. The company has condemned the sanctions and has filed a case against Microsoft in the Delhi High Court over the service withdrawal.
Aviation Turbine Fuel tax cut in Maharashtra offers relief to airlines. The state government reduced Value Added Tax to 7% from 18% until November 14. This move comes as airlines face high jet fuel costs due to the West Asia war. The reduction will make Mumbai airport more competitive. Airlines hope for further tax reforms.
Petronet LNG is seeking a ₹120 billion ($1.4 billion) loan to fund a petrochemical plant in Dahej and an LNG terminal in Gopalpur. SBI Capital Markets is advising the deal, with Axis Bank, SBI, and Union Bank likely participants. If approved, it would be among India’s biggest rupee loans this year, diversifying Petronet’s earnings beyond…
India’s nuclear power sector is opening to private companies and state governments. The Atomic Energy Bill 2025, set for Parliament, will address tariff determination. This crucial policy decision will shape the industry. Overseas technology providers may find it easier to participate. The government aims to bridge a regulatory gap in tariff setting for nuclear plants.
The latest coal bed methane (CBM) licensing round saw a disappointing turnout, with seven of thirteen blocks receiving no bids and four attracting only a single bidder. Only two blocks will experience competitive bidding, as just three companies participated in the Special CBM Bid Round 2026, despite more liberal terms.
State-run Coal India is absorbing significant increases in input costs. This move aims to protect consumers from higher coal prices. The company is not passing on the rising costs of explosives and industrial diesel. This ensures power and industrial costs remain stable. Coal India is also compensating contractors for higher diesel prices. This keeps production…