Energy & Petroleum News Today

India's renewable energy sector anticipates a massive demand surge from AI data centres, requiring up to 40 gigawatts of green power and billions in investments to support rapid digital expansion by 2030.

Struggling to replace lost European markets after Ukraine's invasion, Russia targets Africa for gas exports and infrastructure projects as pipeline volumes drop to 77 billion cubic meters this year.

The Centre has assured uninterrupted coal supply to the Yadadri Thermal Power Plant to prevent a power crisis in Telangana, following reduced production at Singareni Collieries and surging national power demand.

Mahindra remains unconcerned about Volkswagen's potential partnership with rival JSW, maintaining its operational 50GWh component-supply agreement and diversified battery sourcing strategy for its electric vehicles.

GreenCell Mobility secured ₹330 crore from Impact Fund Denmark to deploy 4,500 electric buses, expanding its total planned fleet to over 5,000 vehicles across 105 Indian cities.

BRS leader KTR lashed out at Telangana CM Revanth Reddy, demanding a judicial probe into alleged ₹10,000 crore Singareni corruption, foreign coal imports, and high-cost power procurement scandals.

India is diversifying crude oil sources from 27 to 41 countries and expanding refining capacity to enhance energy security, aiming to boost domestic production and develop green hydrogen.

Varroc Engineering plans a joint venture with France's Forsee Power in India, acquiring a 45% stake in Forsee Power India to develop EV battery-pack solutions, initially focusing on electric three-wheelers.

Fresh US coal arrivals have eased supply tightness at western ports, softening retail prices to INR 18,200-18,800/t, though tight forward producer availability and strong cement sector demand continue to support sellers.

BRS leader KTR demanded a judicial probe into alleged scams worth thousands of crores in Singareni coal, solar power, and foreign imports, accusing the Congress government of manufacturing crises.