Energy & Petroleum News Today

Critical minerals will highlight the BRICS summit. India launched a ₹36,000 crore incentive scheme, acquired five lithium blocks in Argentina, and targets 30% supply via e-waste recycling to ensure self-sufficiency.

Coal India's September production rebounded as monsoons eased, but thermal power plant inventories continued to decline, falling to 25.84 million tonnes by September 9 as high electricity consumption outpaced supply.

MERC approved a five-year PPA for Maharashtra Airport Development Company to procure 10 MW of round-the-clock power from RPG Power Trading Company at a competitive tariff of Rs. 5.60 per kWh.

India's captive coal mines registered a 5 percent year-on-year output growth, producing 68.98 million tonnes up to September 10, with total production expected to cross 190 million tonnes in FY 2026-27.

Driven by China and India, Asia's automotive industry accelerates toward electrified mobility. Eight top leaders are steering the future with EV growth, reaching 32 percent penetration across ASEAN-6 in 2026.

Prakash Industries has received official approval to increase the capacity of its Bhaskarpara coal mine to 1.2 million tonnes per annum, boosting the company's production potential.

Kerala faces a power crisis as demand surges to 5,200 MW. To tackle shortages, the government plans major solar and battery storage expansions, including a 500-MW project in Brahmapuram.

Electric two-wheelers drove 78.1% of charging sessions, while four-wheelers consumed 67.3% of total energy across six major metros, highlighting diverse infrastructure demands for India's growing EV transition.

BMW launched the new 7 Series and i7 in India, starting at Rs. 1.95 crore. The flagship luxury sedans feature petrol and electric powertrains, offering up to 680 hp and local production.

Nearly a third of coal-fired power plants face critically low fuel stocks as peak power demand nears record highs due to intense heat, prompting urgent efforts to boost supplies.