Energy & Petroleum News Today

India promotes coal gasification to substitute ₹3 lakh crore imports. The Union Cabinet approved a ₹37,500-crore incentive package for this technology, aiming for downstream product yield and economic growth.

A two-day Indian Railways meeting in Varanasi concluded, focusing on standardizing electrical equipment and circuits for safe, punctual, fault-free train operations. Discussions covered energy, green tech, and integrating safety systems like Kavach, DPWCS, VCD.

IMF, World Bank, IEA warn of summer fuel scarcity if Hormuz Strait remains closed, depleting global oil inventories. War impacts fuel security, fertilizer prices, and global growth, requiring $20-50 billion for vulnerable economies.

Toyota Kirloskar Motor launched its All-Electric Urban Cruiser Ebella E3, priced at ₹23.6 lakh. It features Level 2 ADAS, an 8-year battery warranty, and 500+ BEV service points, reinforcing a sustainable future with advanced tech and safety.

Telangana's proposed farm power utility faces political opposition, sparking debate over subsidies, utility finances, and rural infrastructure for millions of connections. Critics demand greater scrutiny and consultation.

West Bengal CM Suvendu Adhikari pledged Centre-state cooperation for 'double-engine' benefits. State secured Rs 39,000 Cr for Jal Jeevan, Rs 2,103 Cr for NHM, and Rs 976 Cr for Ayushman Bharat, advancing metro and planning new power/urban projects.

India is rapidly industrializing with solar, aiming to be the first major nation. The Khavda solar park will be the world's largest (30 GW). Solar capacity grew 40% annually, passing 150 GW, set to double by 2030, despite grid and storage challenges.

The Mine Closure Advisory Committee met on May 30 in Margherita to review rehabilitation and livelihood plans for mining-affected communities. Discussions covered closure activities, socio-economic sustainability, skill development, and a Just Transition Framework for post-mining areas, emphasizing coordinated efforts.

PJM expects adequate power this summer with 180,200 MW capacity for 156,400 MW demand. NERC warns of long-term risks from data centers tightening operating margins, despite improved summer readiness with new solar/battery resources.

Zodiac Energy commissioned a 10.8 MWp solar power plant for Amanta Healthcare in Kheda district. This significant project was disclosed to exchanges on May 30, 2026.