Energy & Petroleum News Today

Union Minister Manohar Lal highlighted the government's push for an AI-enabled power grid to manage demand forecasting across generation and transmission, targeting a 70 GW capacity addition in FY 2026-27.

Oswal Pumps plans a 1.2 GW TOPCon solar cell facility in Haryana, costing INR 4.56 billion, with commercial output targeted by April 2028 to boost domestic manufacturing and backward integration.

Tawang administration plans winter power cuts and load-shedding due to grid constraints and heavy snowfall. Officials urge public cooperation, infrastructure improvements, and phased smart meter installations.

Hyundai Motor Group plans a 15.5 billion dollar investment in India through 2032, expanding beyond automobiles into energy, robotics, AI, and EV infrastructure, including a new 170,000-unit capacity plant.

China's September 2026 consumer price index rose 0.9% year-on-year, driven by higher energy and industrial goods prices, despite declining food costs.

India is drafting a new datacentre policy amid citizen protests over utility consumption. The government views this as a $200 billion opportunity while aiming to balance infrastructure growth and public interests.

Nepal is finalizing policies for private electricity trading, extending deadlines for 27 hydropower projects totaling 540 MW, and boosting cross-border transmission capacity with India to 1,650 MW for exports.

Tamil Nadu is spending up to Rs 7 crore extra daily to procure 1,000 MW of gas power, avoiding load shedding while meeting a peak demand of 21,000 MW and planning new renewable policies.

Tata Power is advancing a 2.8 GW+ data centre pipeline and investing 15,000 crore rupees to upgrade Mumbai's grid infrastructure, supporting India's rapidly growing AI and digital power demands.

India's wholesale inflation surged to a four-year high of 11.39 per cent in September, driven by steep fuel inflation of 25.85 per cent and rising food costs, signaling intensifying economic pressures.