Adani Energy Solutions Ltd has acquired KPS III HVDC Transmission Ltd. This move strengthens AESL’s strategy for shareholder value. The project will help evacuate 2.5 GW of renewable energy. This is part of the Khavda renewable energy park’s expansion. The acquisition was completed on December 12, 2025. The deal was done at face value.
Torrent Gas announced price cuts for CNG and domestic PNG. This move follows the implementation of the Unified Tariff order. The reduction will make CNG significantly cheaper than petrol. Households using PNG for cooking and CNG vehicle owners will see reduced expenses. This initiative is expected to boost PNG connections and CNG vehicle sales.
Hit by EU sanctions due to Rosneft’s stake, Nayara Energy offered its export volumes of petrol and diesel to Indian state-run refiners. The company, operating its refinery at 80% capacity, reiterated its commitment to India’s energy security. Nayara plans to invest ₹70,000 crore in petrochemicals, ethanol plants, and infrastructure expansion, despite the challenges.
India’s NTPC is exploring a significant investment. The state-owned power giant is in discussions to acquire a minority stake in US firm Clean Core Thorium Energy. This move aligns with NTPC’s ambitious plans to expand its nuclear power capacity. The company is looking at international collaborations for technology and fuel.
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…
India has increased the number of Russian insurers authorized to provide marine cover for ships docking at its ports. This move allows more Russian companies to offer protection and indemnity coverage. The expanded list includes several Russian firms with registrations valid until 2026, 2027, 2029, and 2030.
Coal India’s sales surged in March, marking the first increase in six months, as the nation prepares for peak summer demand. This boost comes amid a gas supply crunch, pushing India to rely more heavily on its domestic coal reserves. Power plants are ramping up coal stocks to meet anticipated higher demand and compensate for…
ONGC is launching a pilot project to store captured carbon dioxide underground at its Gandhar oilfield in Gujarat. This initiative marks a significant step in the company’s plan to reduce emissions. The project will inject CO2 into abandoned wells, preventing it from entering the atmosphere.
The country produces around 900,000 barrels per day of crude – about 1% of the global supply. Of the roughly 765,000 bpd it exports, nearly 76% goes to China, exclusively to teapot refiners, according to Kpler.
India is increasing energy imports from Africa to diversify its supply and reduce reliance on the Strait of Hormuz amid West Asia conflict disruptions. The country has expanded its supplier network for crude oil, LPG, and LNG, ensuring stable fuel availability and mitigating risks from geopolitical uncertainties.