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Energy & Petroleum News Today

Latest Market News Of Energy & Petroleum

Daily Report Insights News

UPERC Approves 27 PPAs, Adopts Solar Tariffs Under PM KUSUM C-2 Scheme In Uttar Pradesh

UPERC approved 27 solar PPAs (82.2 MW) under PM KUSUM C-2 in UP, adopting tariffs from ₹2.84-₹2.99/kWh. This supports feeder-level solarization, reducing power costs and benefiting consumers.

Saudi Aramco Raises December Propane and Butane CPs for Asia

Saudi Aramco has raised its December Contract Prices for LPG in Asia. Propane prices have been increased by US$ 20/MT, now assessed at US$ 495/MT, while Butane prices have been hiked by US$ 25/MT, reaching US$ 485/MT. These adjustments mark an upward revision from the company’s November settlement levels.

1016

Indian Railways Meets 97.47% Non-Solar RPO But Achieves Only 44.27% Solar Compliance, MERC Order Reveals

Indian Railways achieved 97.47% Non-Solar RPO compliance but only 44.27% Solar RPO from FY20-24, as per a MERC order. Facing significant shortfalls, they invested heavily, aiming for net-zero by 2030 and projecting a 1820.08 MU surplus by 2029-30.

1018

India’s Refining Capacity Set to Reach 309.5 MMTPA by 2030; Green Hydrogen Takes Centre Stage in Clean Fuel Push

India's refining capacity targets 309.5 MMTPA by 2030 (from 258.1 MMTPA). Green hydrogen production aims for 5 MMTPA by 2030, alongside biofuels and LNG, driving decarbonisation and a low-carbon economy.

114

Mahindra bets big on electric future with XEV 9S

Mahindra launched the XEV 9S, a 7-seater electric SUV, in India, investing R34 billion in EVs. Priced R430k-R635k with a 500km range, it targets 20% EV sales by 2027 amidst rapid market growth.

129

Khushboo Chawla, Head of Marketing at Exicom

Exicom, with Khushboo Chawla, has installed over 1.3 lakh EV chargers in India, leveraging AI and R&D for smart solutions. The company is expanding globally and boosting local capacity with a new Hyderabad manufacturing facility.

India Records Lower Power Production in November Amid Weak Cooling and Industrial Demand

India's power generation fell 1% in November to 134.26bn kWh, marking the first drop in five years, due to weak industrial and cooling demand. However, electricity demand is projected to grow 6-6.5% over five years, driven by EVs, green hydrogen, and data centers.

114

EC PDD, Zakir Hussain Directs Absolute Project Ltd. to Accelerate Rs 116 Cr Power Strengthening Works in Kargil

EC PDD Zakir Hussain urged Absolute Project Ltd. to accelerate Rs 116 crore power strengthening works in Kargil, expressing dismay over slow progress. He directed engaging more labourers and ensuring material dumping before Zojila Pass closure for timely completion.

115

India’s installed power capacity hits 5.05 Lakh MW

India's installed power capacity reached 505,023 MW by October end. Non-fossil fuels, at 259,423 MW, now surpass fossil fuels. Renewables contribute 250,643 MW, with solar leading at 129,924 MW.

214

HG Infra secures 300 MW/600 MWh battery storage purchase agreement with GUVNL

HG Infra's arm secured a 12-year agreement with GUVNL for a 300 MW/600 MWh BESS project worth INR 670 crore. The BOO project, with a tariff of INR 2,85,600/MW, will enhance grid stability.

118

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Login Now to Get Free Access to 4,00,000 + Prices

Energy & Petroleum News Today

Latest Market News Of Energy & Petroleum

Daily ReportInsightsNews

UPERC Approves 27 PPAs, Adopts Solar Tariffs Under PM KUSUM C-2 Scheme In Uttar Pradesh

Saudi Aramco Raises December Propane and Butane CPs for Asia

Indian Railways Meets 97.47% Non-Solar RPO But Achieves Only 44.27% Solar Compliance, MERC Order Reveals

India’s Refining Capacity Set to Reach 309.5 MMTPA by 2030; Green Hydrogen Takes Centre Stage in Clean Fuel Push

Mahindra bets big on electric future with XEV 9S

Khushboo Chawla, Head of Marketing at Exicom

India Records Lower Power Production in November Amid Weak Cooling and Industrial Demand

EC PDD, Zakir Hussain Directs Absolute Project Ltd. to Accelerate Rs 116 Cr Power Strengthening Works in Kargil

India’s installed power capacity hits 5.05 Lakh MW

HG Infra secures 300 MW/600 MWh battery storage purchase agreement with GUVNL

Energy & Petroleum Prices

Tell Us Your RequirementBest Rates | Working Capital | Delivery Anywhere

Daily Report Insights News