Author: Admin

An OPEC+ ministerial meeting on Saturday is expected to leave oil output policy unchanged, following this week’s surprise move by eight member countries to accelerate the phasing out of oil cuts by increasing output by 411,000 barrels per day in May.

Global oil producers have 9 million barrels per day of spare capacity amid muted demand. ONGC Chairman Arun Singh highlighted that the world is shifting towards an era of plenty. With surplus capacity, exploration is being scaled back, yet India must continue exploring due to import dependency.

Reliance BP Mobility CEO Harish Mehta stated that the government will continue intervening in domestic fuel pricing to protect consumers from international market fluctuations. While petrol was deregulated in 2010 and diesel in 2014, recent events have disrupted this alignment.

BHEL and Adani Energy Solutions have partnered to develop a 6,000 MW HVDC transmission system from Bhadla, Rajasthan to Fatehpur, Uttar Pradesh, aimed for completion by 2029. This project supports India’s goal of achieving 500 GW of renewable energy by 2030 and will enhance grid stability and renewable energy integration.

The Supreme Court has asked the Environment Ministry if the deadline for Delhi’s ‘Category C’ power plants to comply with sulphur dioxide emission standards can be advanced from December 31, 2029. The bench led by Justice AS Oka aims to prevent repeated deadline extensions. Additionally, questions were raised regarding reclassification of thermal power plants within 300 km of Delhi.

Reliance Industries announced a ₹65,000 crore investment to set up 500 Compressed Biogas (CBG) plants in Andhra Pradesh. The initiative will utilize 500,000 acres of barren land in Prakasam, Anantapur, Chittoor, and Kadapa. Once operational, the plants are expected to generate 4 million tonnes of green CBG and 1.1 million metric tonnes of organic fertilizer annually.

Andhra Pradesh’s first Reliance Compressed Bio-Gas (CBG) plant has been inaugurated in Kanigiri, Prakasam district with an investment of Rs. 139 crores. This initiative aims to establish 500 projects across the state, boosting local economies, reducing chemical fertiliser usage, and transforming barren lands into fertile farmland, thereby supporting farmers.

State-owned Coal India Ltd (CIL) is considering lithium blocks in Australia and Argentina as part of its strategy to diversify from coal and align with global clean energy trends. The company aims to produce 875 million tonnes of coal by the 2025-26 fiscal year, with an offtake target of 900 million tonnes.

India’s domestic coal-based power plants ended the financial year with over 55 million tonnes of stock, a 16.1% increase from the previous year. With rising coal production and anticipated higher power demand due to a harsh summer, sufficient coal stocks are crucial for uninterrupted thermal power generation.

NTPC Ltd seeks global partners to indigenise pressurised water reactor technology and establish large-capacity nuclear power plants, targeting around 15 GW. This move aims to assess vendor base potential, with a prospect of a global tender subject to government approval, amid India’s plans for 100 GW capacity expansion and legal amendments.