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Coking coal market poised to be volatile in the short-term on China mine mishap, steel output dip

Coking coal market poised to be volatile in the short-term on China mine mishap, steel output dip

The global coking coal market faces short-term volatility due to Chinese mine safety inspections and steel output dips. Meanwhile, Indian crude steel production is expected to rise 9.3% in 2026.
India's power system just passed a historic tipping point

India's power system just passed a historic tipping point

India's clean energy capacity has reached 331.7 GW, surpassing fossil fuels at 302.0 GW for the first time. Solar capacity surged to 211 GW, driving a historic shift in the power sector.
Crude oil price: Futures rise as UAE suspends economic ties with Iran

Crude oil price: Futures rise as UAE suspends economic ties with Iran

Crude oil futures rose, with Brent at $92.04 and WTI at $84.64, after the UAE suspended economic ties with Iran following a missile threat. US commercial inventories also increased by 4.4 million barrels.
US natural gas rises as Texas heat outlook boosts power demand

US natural gas rises as Texas heat outlook boosts power demand

US natural gas futures for September rose 3.2% to $2.776/mmbtu on Nymex as intense heat in Texas, with temperatures averaging 100F, drove up air-conditioner usage and power demand.
Kolkata Infrastructure Planning Faces A Greener Test

Kolkata Infrastructure Planning Faces A Greener Test

Kolkata's infrastructure planning prioritizes sustainability through rooftop solar and public-private partnerships, balancing economic growth with climate resilience and resource efficiency to combat rising urban pressures.
RMG factories can cut energy bills through solar, machinery upgrades: CPD

RMG factories can cut energy bills through solar, machinery upgrades: CPD

Garment factories can significantly reduce energy costs by adopting rooftop solar and upgrading machinery, according to a recent study surveying 350 factories and examining 65 machine types.
Punjab powercom cancels Rs 328-crore contract to install smart meters

Punjab powercom cancels Rs 328-crore contract to install smart meters

Punjab State Power Corporation Limited cancelled a Rs 328-crore smart meter contract awarded to TCIL, forfeiting its Rs 9.86 crore bank guarantee due to discrepancies and contract violations.
AI, IoT-led battery systems to transform power management: Electrent CEO

AI, IoT-led battery systems to transform power management: Electrent CEO

AI and IoT-enabled battery systems will transform power management in India, supporting renewable energy integration. India targets 500 GW non-fossil capacity by 2030, requiring up to 411.4 GWh energy storage by 2031-32.
India’s hydrogen fuel push gets major boost with new innovation hub in Pune

India’s hydrogen fuel push gets major boost with new innovation hub in Pune

Pune inaugurated a new hydrogen fuel innovation hub offering testing and incubation support. Additionally, a proposed Rs 500-crore fund aims to back 25,000 entrepreneurs over five years.
Union Minister Hardeep Puri signs oil, gas cooperation MoU with Mauritius; IndianOil inks 5-year petroleum supply pact

Union Minister Hardeep Puri signs oil, gas cooperation MoU with Mauritius; IndianOil inks 5-year petroleum supply pact

India and Mauritius signed an oil and gas cooperation MoU, alongside a five-year IndianOil pact to supply petroleum products, ensuring long-term energy security and strengthening bilateral ties.

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