Energy & Petroleum News Today

A 7.2 million sq ft corporate campus foundation was laid in Pune. Featuring AI, renewable energy, and tall towers, it tests sustainable urban planning and infrastructure integration amidst commercial expansion.

IndiGrid Infrastructure Trust has agreed to acquire a 100% stake in Shongtong Power Transmission Limited for up to Rs 5,316 crore, expanding its power evacuation portfolio in Himachal Pradesh by Q4 FY2029.

Bhutan's new energy minister pledges to commission 3,500MW of ongoing hydropower and solar projects, achieve winter energy security, and advance renewable diversification toward a 25GW target by 2040.

India's crude coal tar market remains firm due to tight supply and plant maintenance. RINL sold 210 t at INR 52,000/t, while SAIL-Rourkela cleared 9,850 t at INR 54,089/t.

Türkiye's daily electricity consumption decreased by 0.5% to 1,124,871 megawatt-hours on Friday, while production rose by 0.7% to reach 1,145,397 megawatt-hours, led by hydroelectric, coal, and wind power.

India's EV growth relies on managing battery lifecycles through second-life applications and recycling. With critical mineral demand projected to quadruple by 2040, quality-driven domestic recovery is essential for supply chain stability.

Honda plans to launch 10 new models in India by the end of the decade, including 7 SUVs, featuring the 0 Alpha EV, a sub-4-meter compact SUV, a 7-seater SUV, and the next-gen City.

In August 2026, cleaner-fuel vehicles reached 42% of India's PV sales, surpassing petrol for the first time. PV retail sales grew 16% YoY, driven by GST cuts, rising CNG to 25% and EV sales by 52%.

Volvo's flagship seven-seat electric SUV, the EX90, is scheduled for India launch on October 12, 2026. Estimated at Rs 1.40 to 1.50 crore, it features an 800V architecture and advanced NVIDIA computing.

India defended its Russian oil imports, stating energy purchases are guided by national interest to meet requirements of 1.4 billion people. External Affairs Minister S Jaishankar emphasized dialogue to resolve the conflict.