India plans to add 1.91 lakh ckm of transmission lines and 1274 GVA of transformation capacity by 2032, according to Union Power Minister Manohar Lal. The expansion, detailed in the National Electricity Plan, aims to meet the country’s growing electricity demand and ensure optimal usage of generating capacity. Issues like Right of Way and new transmission technologies were also discussed.
BHEL bags Rs 7,500 cr order to set up 800 MW unit at Ukai plant, in Gujarat
BHEL has won an order worth Rs 7,500 crore to set up an 800 MW unit at Ukai Supercritical Thermal Power Plant in Gujarat. The project, commissioned by Gujarat State Electricity Corporation Ltd, includes design, engineering, and supply of emission control equipment, continuing BHEL’s role in India’s power sector development.
Rosneft eyes exit from Nayara Energy amid sanctions, talks with Indian conglomerates underway
Rosneft, Russia’s largest oil company, is considering selling its 49.13% stake in Nayara Energy due to difficulties in repatriating earnings amid sanctions. Valued at over $20 billion, the company has had discussions with Indian conglomerates like Reliance Industries and Adani Group, though a deal may not be finalized.
PFC Consulting Limited transfers transmission special purpose vehicle to Adani Energy Solutions
Mundra I Transmission Limited, a special purpose vehicle for developing a power transmission system in Gujarat’s Mundra area, has been transferred to Adani Energy Solutions. The asset, previously a wholly-owned subsidiary of PFC Consulting, was acquired by Adani Energy Solutions following its successful bid on March 20, according to a filing by Power Finance Corporation.
PTC India divests stake in PTC Energy to ONGC Green
PTC India has completed the divestment of its entire stake in PTC Energy to ONGC Green Ltd (OGL), receiving the remaining Rs 254 crore. The total transaction amount was Rs 1,179 crore, with Rs 925 crore previously received on March 4, 2025. PTC India shares marginally increased on the BSE.
No windfall tax on oil & gas companies after new law kicks in: Hardeep Puri
The new oilfield development bill passed by the Lok Sabha will prevent the imposition of windfall tax on oil and gas producers, stated petroleum minister Hardeep Puri. The bill aims to boost the exploration sector by ensuring policy stability and longer leases. This move follows past issues with retrospective and windfall taxes that deterred investor confidence.
Transtrail Lighting bags new Rs 1,647 cr orders in global markets
Transrail Lighting Ltd has secured new orders worth Rs 1,647 crore in power transmission and distribution, and railway sectors. These orders include major international T&D projects involving engineering, procurement, and construction of transmission lines and substations. The company continues to build a strong project portfolio with year-to-date orders nearing Rs 9,200 crore.
Domestic gas consumption slows down as local output falls, import cost rises
Gas consumption in India experienced minimal growth in February, following significant increases in previous months due to high power sector demand during summer. As temperatures dropped, power sector demand decreased, while the fertiliser sector remained the largest gas consumer due to government subsidies and high LNG prices.
Reliance exported 724 mn euros worth of fuel made from Russian oil to US: Report
Reliance Industries Ltd, led by Mukesh Ambani, is estimated to have earned approximately EUR 724 million from exporting fuel refined from Russian crude to the US. Despite Western sanctions, Russia has continued generating significant revenue through taxes, with Indian and Turkish refineries playing a crucial role in processing and exporting fuels to global markets.
Delhi's power demand likely to peak at 9,000 MW this summer, say discom officials
Delhi’s peak power demand is expected to reach 9,000 MW this summer, following last year’s record of 8,656 MW. Discom officials attribute this rise to increased demand and efforts such as network strengthening. Over 2,100 MW of green power will be crucial in ensuring supply. Demand has consistently grown since it breached 7,000 MW in 2018.