Energy & Petroleum News Today

Delhi-NCR's ₹9,600 crore, two-year clean transport push targets pollution. It replaces ageing BS-III/IV trucks and buses with EVs and BS-VI fleets, offering incentives for cleaner mobility across Delhi, Haryana, Rajasthan, and Uttar Pradesh.

Bitumen prices in India remained elevated across major refinery locations amid supply concerns linked to geopolitical tensions and strong infrastructure demand. Rising project costs have prompted government intervention in multiple states. While road construction activity faces challenges from higher input costs, demand fundamentals remain supported by ongoing infrastructure investments.

Chennai Metro is expanding solar power installations across stations to reduce reliance on conventional electricity, lower operational costs, and enhance energy security. This initiative aligns with sustainability goals for a cleaner urban transit system.

India's EV market is accelerating: passenger vehicles hit 5% share, 3-wheelers 30%, 2-wheelers 15%. Fuel prices and CAFE 3 regulations (1/3 emission cut by 2032) drive growth, despite infrastructure and supply chain hurdles.

India's top 5 electric scooters with swappable batteries offer convenience and reduced charging times. Models like Honda Activa e (₹1.19 lakh, 102km range) and Hero Vida VX2 Plus (₹1,00,290, 142km range) lead the market, accelerating EV adoption.

Girish Shet is riding 12,500 km on an e-scooter across India, covering 9,000 km across 16 states since April 12. His mission promotes EVs and sustainable mobility, challenging perceptions.

Suzlon Energy unveiled 'Suzlon 2.0', aiming to become a full-stack renewable solutions provider. Targets for FY31 include 10 GW annual sales, 15 GW order book, and 70 GW AUM, expanding into solar, BESS, and RE development.

Tesla cut its Model Y price by ₹9 lakh to ₹50.89 lakh in India, positioning it below BMW iX1 and Mercedes-Benz CLA. This narrows the luxury EV price gap, intensifying competition. Deliveries begin July 2026.

India's Market Coupling, with GRID-India as operator, aims for an efficient, integrated power market. It boosts liquidity, lowers costs, and enables energy transition, building on 8.4% CAGR growth from 66 BU to 240 BU.

India's EV bus registrations fell 7.2% to 322 units in May. JBM Auto led with 157 units (48.8% share), despite market decline. Infrastructure, financing, and power connectivity bottlenecks continue to hinder growth, making it a deployment-led market.