Energy & Petroleum News Today

India's electric mobility sector requires a collaborative ecosystem play involving batteries, charging, financing, and manufacturing to build a resilient and globally competitive future, according to industry leader Sudhir Mehta.

CleanMax is investing $5.3 billion in an Andhra Pradesh renewable energy project, featuring 3GW wind-solar and 1GW pumped-hydro storage, to power a 2GW AI computing facility by Neysa.

India's EV transition must focus on high-utilisation freight routes over vehicle counts. With diesel trucks causing 42% of emissions, targeted infrastructure planning at economic nodes will enhance energy security and logistics.

Chinese automakers are rapidly expanding EV and commercial vehicle footprints across Africa and Latin America through local assembly and exports, raising questions about long-term domestic industrial capacity building.

India banned lithium-ion battery black mass exports on November 10, 2026, to retain critical minerals for domestic recycling, aiming to reduce import dependence and boost the local EV manufacturing ecosystem.

Former Rajasthan CM Ashok Gehlot criticized the BJP government for delays in setting up petrochemical industries in Barmer's petro zone, warning that raw materials will go to other states, costing local youth jobs.

The Ministry of Industry and Trade approved the 2026 electricity generation price frameworks, setting LNG-fired power at a maximum of 3,453.72 VND/kWh and detailing rates for solar, wind, coal, and hydropower.

India has approved a ₹68,800 crore high-voltage power corridor to transmit renewable energy from Rajasthan to eastern demand centers, aiming to support its 2030 clean energy targets.

India's fuel network of over one lakh stations needs technological upgrades rather than a complete rebuild to manage queues, stock-outs, and data gaps during the ongoing EV transition.

Indian oil stocks, including ONGC and Chennai Petroleum, fell up to 3% as Brent crude dropped below $92 per barrel amid easing geopolitical tensions, negatively impacting upstream realisations.