Energy & Petroleum News Today

Indian washed coal prices rose to INR 10,000/t amid tight ROM supply and high e-auction premiums, while sponge iron prices recovered to INR 29,150/t driven by firmer demand and increased raw material costs.

Indian electric two-wheeler maker Simple Energy has raised $180 million in a Series C funding round to expand manufacturing, retail networks, and enhance research and development.

ShipRyd is building an integrated electric mobility and energy ecosystem in India, combining commercial EV fleets, ride services, logistics, and charging infrastructure to support sustainable transportation growth.

A TERI study urges India to adopt a multi-fuel transport strategy balancing EVs, CNG, and LNG across 6 vehicle categories, emphasizing affordability, life-cycle emissions, and energy security through 2050.

State-run MRPL cancelled three spot export tenders for diesel, jet fuel, and reformate following a fire at its 300,000 barrels per day refinery in southern India, which left one person injured.

State-backed SAIL airlifted a 1-tonne coking coal sample from Mongolia to test its suitability for steelmaking, aiming to diversify supplies and reduce heavy dependence on Australia.

Schneider Electric and Networks for Humanity partnered to advance India's Digital Energy Grid, supporting rising power demand projected to reach 300 GW by 2027 through interoperable digital infrastructure and pilot applications.

In August 2026, Indian EV sales reached 36,593 units, outperforming strong hybrids at 7,877 units due to a wider product range, competitive pricing with a 5% GST slab, and improved charging infrastructure.

Electric mobility firm BLive launched the NXT programme to empower 100 entrepreneurs, deploying over 10,000 EVs across India in three years with comprehensive technology and operational support.

A new WRI India study reveals that achieving 100% renewable energy by 2040 is challenging for Keralam, requiring at least 27 gigawatts of capacity addition without thermal power support.