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Energy & Petroleum News Today

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ACME Solar Secures 130 MW Round-The-Clock Renewable Energy Project From REMC At ₹4.35 per Unit

ACME Solar Secures 130 MW Round-The-Clock Renewable Energy Project From REMC At ₹4.35 per Unit

ACME Solar secured a 130 MW Round-The-Clock renewable energy project from REMC. The 25-year contract is priced at ₹4.35 per unit, ensuring stable revenue and expanding ACME's presence in India's clean energy market.
Global non-coking coal trade shrinks by roughly 4% y-o-y in Jan-Nov'25 - BigMint report

Global non-coking coal trade shrinks by roughly 4% y-o-y in Jan-Nov'25 - BigMint report

Global non-coking coal trade shrank 4% (28 mnt) to 706 mnt in Jan-Nov'25. Lower demand from China and India, increased domestic production, and energy transition drove this decline, impacting major exporters.
Singareni must go beyond coal to remain competitive: Bhatti

Singareni must go beyond coal to remain competitive: Bhatti

Singareni is diversifying beyond coal into rare earth minerals, power generation (thermal, solar, green energy), and non-coal mining (gold, copper) to ensure long-term competitiveness. Partnerships include 800 MW thermal and 1500 MW solar projects.
ISM Dhanbad to power India’s mining future with Critical Minerals Centre

ISM Dhanbad to power India’s mining future with Critical Minerals Centre

Union Minister G Kishan Reddy inaugurated the Critical Minerals Centre at ISM Dhanbad, aiming to make it India's 'Mining Technology Capital'. With R&D expenditure doubling and India ranking sixth in patents, the centre will power the nation's mining future by 2047.
CEB–NTPC joint venture seeks investors for 50 MW Sampur solar project

CEB–NTPC joint venture seeks investors for 50 MW Sampur solar project

CEB-NTPC's Trincomalee Power Company seeks investors for a 50 MW Sampur solar plant with 20 MW/20 MWh battery storage. Tenders close Feb 18, 2026, with 21-month completion, supporting Sri Lanka's 70% renewables by 2030 goal.
APSRTC gets nod to replace 8,819 diesel buses with EVs

APSRTC gets nod to replace 8,819 diesel buses with EVs

APSRTC will replace 8,819 diesel buses with EVs over five years, aiming for a complete phase-out by 2030. 1,450 new buses next year will be electric. Centre allocated 750 e-buses.
India’s EV Ambitions For Cars And Two Wheelers Will Meet Hard Reality Heading into 2026

India’s EV Ambitions For Cars And Two Wheelers Will Meet Hard Reality Heading into 2026

India's EV growth slowed in 2025, with 3.8% car and 6.3% two-wheeler penetration in FY26. Despite Niti Aayog's 2030 targets, market realities, GST cuts, and infrastructure gaps (29,277 chargers) pose challenges, pushing some OEMs to hybrids.
MNRE in 2025: Why batteries emerged as the missing link in India’s renewable energy transition

MNRE in 2025: Why batteries emerged as the missing link in India’s renewable energy transition

In 2025, India's renewable capacity hit 180 GW, with non-fossil fuels exceeding 200 GW. Grid integration became key, making battery energy storage systems (BESS) central to policy for stability, peak demand, and reducing thermal reliance.
Non-fossil power generation share up towards 1/3rd mark

Non-fossil power generation share up towards 1/3rd mark

India's non-fossil power generation reached 31.3% of total output in H1 FY25, up from 27.1% last year. Installed non-fossil capacity crossed 250 GW, halfway to the 2030 target of 500 GW, with renewables at 197 GW.
Naphtha February buying brisk; gasoline eases further

Naphtha February buying brisk; gasoline eases further

Asia's naphtha buying for first-half February deliveries remained brisk, with northeast Asian importers actively seeking spot. Meanwhile, gasoline prices continued to ease further.

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