Energy & Petroleum News Today

The Telangana government approved procuring 3,000 MW of solar power with 6,000 MWh of battery storage for 25 years via competitive bidding to meet rising peak demand.

Bengaluru-based U-Solar's turnover crossed Rs. 10 billion as it advances 200 MW of renewable projects, expanding its total capacity beyond 500 MW with advanced clean energy solutions.

State-run Oil India plans to acquire producing assets abroad and focus on domestic deepwater exploration, targeting 4 million tonnes of crude oil production this year alongside significant capital commitments.

Delhi government made Aadhaar mandatory for its power subsidy scheme, which covered 5.5 million domestic consumers in 2025-26, aiming to streamline verification and manage a mounting subsidy bill.

An official investigation report revealed that a fire at a medical institute's newborn care unit, which tragically killed five infants, was caused by rats chewing electrical wires and poor maintenance.

India's automotive shift requires evaluating multi-powertrain options, fleet utilisation, route planning, and upcoming CAFE-III norms. EVs can cost Rs. 2 per km, while over three lakh EVs were sold by June 2026.

Opposition parties slammed the state government for poor planning, alleging a scam over procuring electricity at Rs 35 per unit, which could cause massive daily losses and financial burdens on consumers.

India has surpassed the US in fully electric car sales share for six consecutive months from April 2026, driven by local production and energy security, contributing to global crude oil displacement.

China's coal consumption reached 4.76 billion metric tons in 2025, dropping its share to 51.4 percent. Usage is entering a peak plateau as green energy growth transforms the economic landscape.

Rising steel and zinc prices, along with increased galvanization and manufacturing costs, are driving up solar mounting structure prices in India, escalating working capital and procurement risks for manufacturers.