Energy & Petroleum News Today

India approved a 1,150-kV transmission corridor costing 68,800 crore rupees to carry solar power from Rajasthan to eastern industrial hubs, aiming to support green energy targets over six years.

Punjab launched a 45-day electricity OTS scheme waiving Rs 518 crore in interest and penalties for 24.86 lakh domestic consumers, allowing principal payments in installments.

Mumbai's BEST has awarded contracts for 1,500 electric midi buses under the PM E-DRIVE scheme, with the initial 225 buses expected by March 2027 to improve last-mile connectivity.

Kerala Electricity Minister Sunny Joseph defended KSEB over its power crisis assessment, stating no new purchase contracts have been signed and dismissing reports of internal government differences.

Private power producers quoted Rs 9 to Rs 20 per unit for Tamil Nadu's upcoming tender. However, TNPDCL delayed finalisation as available supply of 5,311 MW falls short of the 17,000 MW requirement.

A recent review estimates India's geological CO2 storage potential at 400-500 billion tonnes, with deep saline aquifers and basalt formations offering significant long-term capacity for carbon capture and emission reduction.

Adani Green Energy denied allegations of lowering the Tarali project cost to evade statutory obligations, clarifying that the 56.75 crore rupees figure was solely for site investigation.

US natural gas prices fell to $3.23 per million British thermal units from a seven-week high of $3.34 due to warmer winter forecasts, profit-taking, and expectations of weaker heating demand.

The EIA reported a natural gas inventory increase of 61 billion cubic feet, falling short of the forecasted 65 billion cubic feet and indicating stronger-than-expected market demand.

A 29-year-old man died from a fatal electric shock inside his tin-sheet house in Pune, triggering investigations into alleged illegal power connections and damaged wiring by local authorities.