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Oil India Limited Announces New Oil and Gas Discovery in Libya’s Ghadames Basin

Oil India Limited Announces New Oil and Gas Discovery in Libya’s Ghadames Basin

Oil India Limited, with a 25% stake, announced its fifth oil and gas discovery in Libya's 6,630 sq km Ghadames Basin. The sixth exploratory well confirmed hydrocarbons, strengthening the block's potential and India's global energy security.
Futures Contracts for COAL INDIA LTD

Futures Contracts for COAL INDIA LTD

Coal India Ltd's May 2026 futures contract is at 483.40, up 0.30% with a "Strong buy" rating. The June 2026 contract is at 485.55, up 0.31%, rated "Buy."
EV sales defy seasonal dip; Apr clocks second-highest volumes

EV sales defy seasonal dip; Apr clocks second-highest volumes

EV sales hit 2.39 lakh units in Apr 2026, defying seasonal dip as second-highest ever. Electric 3-wheelers and PVs showed resilience, while 2-wheelers corrected after March peak, still indicating strong market momentum.
The Growth of Electric Vehicles (EVs) in India

The Growth of Electric Vehicles (EVs) in India

India's EV market is rapidly growing, driven by environmental concerns, rising fuel costs, government policies like FAME, and tech advancements. Despite challenges, the future for electric vehicles looks bright, with increasing adoption.
NTPC Declares Commercial Operation of 100 MW Solar Capacity at Ramagundam Project

NTPC Declares Commercial Operation of 100 MW Solar Capacity at Ramagundam Project

NTPC commercially operated 100 MW solar capacity at Ramagundam, Telangana, from May 2, 2026. This boosts total installed capacity to 89,805 MW and commercial capacity to 88,725 MW, marking a key renewable expansion.
Kalbaishakhi in Kandhamal damages trees and power lines, villagers left without electricity

Kalbaishakhi in Kandhamal damages trees and power lines, villagers left without electricity

A Kalbaishakhi storm in Kandhamal's Budaguda Panchayat uprooted two mango trees, destroying two 11 kV electricity poles. Five panchayats are without power, and communication is down. Homes were damaged, but no casualties reported. Restoration is underway.
Tamil Nadu tops south in solar power evacuation

Tamil Nadu tops south in solar power evacuation

Tamil Nadu led southern states in solar power evacuation, reaching 2,186 MU in March, a 582.94 MU increase. This highlights growing renewable capacity and grid management, with 10,000 MW BESS targeted by 2030 for stability.
CM unveils plan to modernise TGSRTC soon

CM unveils plan to modernise TGSRTC soon

CM unveils plan to modernize TGSRTC, strengthen finances, and procure 1,000 electric buses. Wages for strike period will be released, cases withdrawn. New bus terminals planned in Shamshabad (150 acres) and Gajularamaram (100 acres).
The Hindu Morning Digest: May 2, 2026

The Hindu Morning Digest: May 2, 2026

Manipur unrest talks resumed on May 1, 2026, between MHA, State, and Kuki-Zo groups. India anticipates increased energy demand due to summer and El Nino, planning to use coal and solar power.
Coal-fired stations drive Karnataka’s power surge amid summer strain

Coal-fired stations drive Karnataka’s power surge amid summer strain

Karnataka's power demand surges, reaching 356.539 million units daily. Coal-fired stations, like Ballari's 1,700 MW plant generating 36.05 million units, run nonstop. They require 25,000 tonnes of coal daily to meet summer strain.

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