Energy & Petroleum News Today

In August 2026, the Indian Energy Exchange achieved its highest-ever monthly electricity traded volume of 13,938 million units, marking a 20.2% year-on-year growth driven by rising market prices.

Adani Power reduced electricity supply from its 1,600MW Godda plant to Bangladesh during off-peak hours due to rail coal transportation disruptions.

Crude oil prices fell globally, with Brent at $95.17 and WTI at $90.74, following US strikes on Iranian rocket and radar systems and a 4.5 million barrel drop in US commercial inventories.

J&K reviewed progress on inland water transport projects across Jhelum, Chenab, and Ravi rivers, alongside the rollout of 50 public EV charging sites and 200 electric buses under the PM E-DRIVE scheme.

India's electric vehicle ecosystem has surged significantly, with 2.3 million units sold in 2025. Supported by government policies, investments, and 52,000 charging stations, India is emerging as a global EV manufacturing hub.

Authorities urged over 3,500 festival mandals to obtain authorised temporary power connections, avoid illegal tapping from poles, prevent road digging over underground cables, and ensure safety during celebrations.

Bangladesh faces severe energy crises driven by fossil fuel reliance. Adopting 98 kW agrivoltaics balances solar expansion, food security, and agricultural livelihoods, offering a sustainable alternative to conflict-ridden land acquisition.

Bangladesh plans to allow private companies to import and market up to 30% of petroleum products, breaking the state monopoly to ensure a stable supply and competitive market.

CG Power has commenced production at India's largest single-site transformer plant in Sehore. Spanning nearly 50 acres, the facility will generate over 2,000 jobs and manufacture high-capacity transformers up to 1,200 kV.

India's auto sector grows strongly driven by GST 2.0 and lower interest rates, with Maruti surging 35%. Experts emphasize boosting domestic battery manufacturing and charging infrastructure for electric vehicles.