Energy & Petroleum News Today

Punjab's domestic electricity load surged 40% due to a free 300-unit power scheme. With peak demand hitting 17,452 MW and generation capacity stagnant, the state faces severe power shortages and rising purchase costs.

IEA projects ASEAN's electricity demand to grow 5.4% annually and coal 4.4% by 2030. Meanwhile, West Asia conflicts disrupt LNG and oil supplies, heightening regional energy security risks.

Farming venture 9Growers is exploring agrivoltaics in India, combining solar infrastructure with cultivation to test if land can simultaneously generate renewable energy and grow over 200 crop varieties.

Jammu and Kashmir targets rapid growth in clean energy, achieving a 100 MW rooftop solar milestone and advancing major hydropower projects along the Chenab river to meet national electricity demand.

Six new cars, including luxury EVs and hybrid SUVs from brands like Volvo, Toyota, Audi, and Renault, are scheduled to launch in the Indian market between October 12 and October 17.

Jammu and Kashmir notified the City Gas Distribution Policy 2026 to expand PNG and CNG access across all 20 districts, featuring time-bound clearances, priority industrial connectivity, and clean energy investments.

Tsuyo Manufacturing secured a $3.2 million annual, 10-year order from an Indian OEM to supply next-generation electric three-wheeler motors, expanding its powertrain business and lifecycle support capabilities.

MRPL acquired a 25% stake in the newly incorporated joint venture ONGC Petrochemicals Marketing Limited for Rs 12.5 crore to centrally market petrochemical products for the ONGC Group.

West Bengal's expanding road infrastructure, including key corridors and rising bitumen demand reaching 8.84 million tonnes, sets the stage for the Global Road Construction Conference in Kolkata on December 18, 2026.

Goldman Sachs projects a reversal in the declining petrochemical oil demand in China, signaling a potential shift in market trends and consumption patterns for the energy and manufacturing sectors.