Energy & Petroleum News Today

Kerala's power purchase deal row deepens over cabinet processes and tariff exposures. Officials evaluated options from GNA Energy at Rs 8.63 per unit and Himachal Pradesh, though no formal agreement was signed.

India's Centre mandates electric vehicles as the default choice for government staff-car procurement, raising the Net Dealer Price ceiling to Rs 20 lakh, which boosted auto stocks.

The Finance Ministry mandated electric vehicles as the default choice for government staff cars with a Rs 20 lakh price cap, while setting higher procurement limits for domestic electronic devices.

India-bound coal freight rates softened by the week ended 11 November across major routes due to weak cargo enquiries, subdued chartering activity, and limited Indian buying interest, keeping the market under pressure.

Hyundai's luxury brand Genesis has patented the all-electric GV90 SUV in India ahead of its expected 2027 debut. The 544hp flagship EV boasts a 123.5kWh battery and a 500km range.

TGSPDCL ordered network, safety, and technology upgrades across its jurisdiction to improve power supply reliability, setting strict deadlines for transformer protection, feeder capacity enhancement, and equipment failure accountability.

China and India's recent diplomatic energy meetings highlight opportunities for bilateral cooperation in conventional and renewable sectors, enhancing supply-chain resilience, market stability, and clean-energy transitions amid global uncertainties.

India's renewable capacity reached 243 GW, surpassing coal for the first time. However, coal supplied 66% of summer generation, driven by an 11% surge in electricity demand and dwindling plant coal stocks.

ADNOC signed a ten-year agreement to supply up to 4 million tonnes of LNG to India's Gujarat Energy starting in 2028, marking its fifth supply deal in the country.

VinFast has patented a new premium e-scooter and an electric motorcycle in India, featuring a side-mounted motor and a 160km range, as it prepares to enter the domestic two-wheeler market.