Energy & Petroleum News Today

Havells is expanding into a separate renewable-energy business segment, leveraging dealer networks, inhouse inverter manufacturing, and branded solar products to target growth despite margin pressures.

Odisha has proposed 290 new public electric vehicle charging stations across 13 cities under the PM E-DRIVE scheme to boost infrastructure, reduce range anxiety, and support rising EV adoption.

European naphtha prices surged to multi-month highs in October, driven by ongoing geopolitical pressures and market uncertainty as the year draws to a close.

The Government of Meghalaya issued a turnkey tender to re-conductor and strengthen 132 KV transmission lines spanning 101.452 CKM. The bid deadline is November 4, 2026, with an EMD of INR 32,00,000.

Servotech reported a 51.82% YoY surge in Q2 revenue to ₹167 crore, driven by robust demand across its clean energy and EV charging infrastructure portfolios.

Hydro-Québec projects potential energy deficits by 2029 due to rising demand. Electricity demand is expected to surge by over 30 percent by 2041, driven by transportation electrification and data centres.

India's renewable energy growth faces transmission bottlenecks. The approved Green Energy Corridor Phase III scheme aims to evacuate 135 GW of renewable energy by FY2032-33, bridging generation and demand centres.

Congress and BRS clashed over Telangana's proposal to procure 7,800 MW of renewable energy. Congress defended the 7,800 MW green power plan to meet rising demand, while BRS warned of financial burdens on consumers.

MP Chamala Kiran Kumar Reddy alleged the previous BRS government's costly technology choice for the Yadadri Thermal Power Plant will impose a ₹1 lakh crore financial burden on Telangana over 40 years.

Gulf Oil Lubricants India plans to increase its manufacturing capacity by 70% to reach 240 million litres by March 2027, investing in core lubricants and EV mobility infrastructure.