Energy & Petroleum News Today

Coal India's H1FY27 capex rose 27% year-on-year to ₹7,966 crore, surpassing its ₹7,286 crore target. Investments focused on mine infrastructure, land acquisition, machinery, and diversification into solar and green energy.

Avaada Chairman Vineet Mittal urges tehsil-level renewable energy generation with storage to boost India's energy security, aiming for over 300 GW capacity and expanded domestic manufacturing.

Developing India's domestic coal gasification ecosystem could avoid Rs. 1.96 tn in annual imports, attract Rs. 2.5-3 tn investments, create 50,000 jobs, and process deep-seated coal resources.

The 800 MW Unit 5 of the Yadadri Thermal Power Plant in Telangana has been grid-synchronised, supported by Coal India's in-principle agreement to supply 5 million tonnes of coal annually.

Indian coal supplies to power plants are normalizing as daily deliveries hit a record 2.6 million tonnes, despite 96 plants facing critically low stocks amid surging electricity demand and reduced hydropower.

IOCL's heavy capital push into petrochemical expansion faces profitability hurdles, global oversupply, and margin pressures, risking public capital and national energy security amid high crude import reliance.

Odisha extended coal transport hours to 11 PM-5 AM for Genco, boosting Naini mine dispatches. Meanwhile, TG Transco won the Lowest Transmission Losses award with 2.20% losses.

Uttar Pradesh plans six battery storage projects with a 4,250 MW capacity and an estimated investment of ₹5,525 crore to manage peak electricity demand and improve power availability.

The Green Mobility Show opens in Seoul featuring advanced green technologies, including military hydrogen vehicles, Hyundai's new electric and hydrogen models, robot dogs, and luxury electric cars from global brands.

China and India's pumped hydro capacity will double in five years. However, falling battery costs and geographical constraints mean batteries will become preferred for storage investments after 2040.