Energy & Petroleum News Today

At the 20th India Energy Summit 2026, NTPC CMD Gurdeep Singh emphasized affordable power, storage, and tech self-reliance to meet rising electricity demand driven by AI, data centres, and economic growth.

The Tamil Nadu government faces severe opposition backlash for purchasing electricity at 35 per unit to meet a 21,700 MW peak demand, with critics warning of soaring debt and potential privatization.

Two years into its tenure, the Jammu and Kashmir National Conference government has failed to deliver on core manifesto promises regarding free electricity, water supply, and industrial tariff relief.

Delhi expanded its air quality monitoring network to 60 centres and removed Anand Vihar from its pollution hotspot list following targeted interventions, dust control measures, and the launch of electric vehicle infrastructure.

India's electric vehicle penetration in the passenger segment is projected to hit 10% by year-end, driven by rising fuel costs, expanding charging infrastructure, and robust festive season sales reaching over 36,000 units in September.

GreenCell Mobility secured ₹330 crore from Impact Fund Denmark to deploy 4,500 electric buses, expanding its pan-India fleet to over 5,000 vehicles across 105 cities.

Hyundai CEO Jose Munoz announced major investments in India, aiming for 50% electrified vehicles by 2030, launching 26 new models, expanding manufacturing in Pune, and integrating AI and robotics.

India-bound coal freight rates softened for the week ending October 13, 2026, across Australian, South African, and Indonesian routes due to subdued spot activity and limited cargo enquiries ahead of winter.

India is scaling its EV battery ecosystem to curb import reliance. Despite hurdles in the PLI scheme, new LFP plants and the National Critical Mineral Mission aim to boost domestic production.

State-run ONGC is evaluating standalone and joint venture models for a new greenfield refinery and petrochemical complex to boost its integration and diversification plans, alongside developing a strategic petroleum reserve.