Sunday, October 25

Author: Newscript News Network

News Bulletin

Coal Sector Ramps Up Afforestation

Coal and lignite companies have planted approximately 30mn saplings across 13,400 hectares of mined land over six years. The restoration efforts employ techniques including Miyawaki forest development and drone seeding to accelerate ecological recovery. These programmes fulfil environmental clearance obligations as coal production exceeds 1bn tonnes annually. While afforestation provides local environmental benefits and improves community relations, critics argue it cannot offset combustion emissions from expanded coal use. Success rates vary significantly based on regional climate, soil conditions and maintenance quality. States with reliable monsoons report higher survival rates, though long-term ecosystem restoration requires sustained investment beyond initial plantation efforts....
News Bulletin

India Bets on Modular Nuclear for Baseload Security

The Union Budget’s ₹20,000 crore allocation for nuclear expansion prioritises Small Modular Reactors over conventional plants. Five indigenous SMRs are targeted for operation by 2033, supporting longer-term capacity goals of 100 GW by 2047. Nuclear power contributes just 3% of India’s electricity generation through 23 operational reactors totalling 7.48 GW capacity. Historical delays and cost overruns have limited expansion despite abundant uranium resources and established reactor technology. SMRs offer advantages including lower capital requirements, shorter construction periods and greater deployment flexibility. The technology could address persistent challenges in India’s nuclear programme while building indigenous design capabilities through organisations like BARC. Internat...
News Bulletin

India Plots Carbon Capture as Emissions Persist

NITI Aayog’s September announcement of a Carbon Capture, Utilisation and Storage mission signals acceptance that India’s emissions cannot be eliminated through renewable energy alone. The initiative targets industrial clusters where capture technology offers the most viable decarbonisation pathway. Cement, steel and aluminium producers face the dual challenge of process emissions that resist electrification and global buyers demanding lower carbon footprints. The government proposes incentives covering 50-100% of pilot project costs to accelerate commercial deployment. International partnerships with Norway, the US and UK provide technology access while India develops indigenous capabilities. However, global CCUS experience highlights persistent cost challenges, with capture expenses...
News Bulletin

ONGC Leans on BP to Unlock Gas Reserves

ONGC confirmed in September its engagement of BP technical specialists to accelerate Krishna-Godavari basin development. The partnership addresses persistent challenges in India’s most promising offshore region, where complex deepwater reservoirs have frustrated domestic expertise. Production delays have broader implications for India’s energy security. Domestic crude output declined to 20.7mn tonnes in FY2024 from 25mn tonnes a decade earlier, while natural gas production stagnates despite growing demand. Import bills exceed $175bn annually for crude oil alone. BP’s involvement brings North Sea and Gulf of Mexico experience to deepwater drilling and reservoir management. The collaboration follows similar arrangements with ExxonMobil and other international majors as ONGC acknowledge...
News Bulletin

Coal India Gains from Tax Overhaul

September’s GST restructuring delivered unexpected relief for India’s coal sector. While raising the base rate from 5% to 18%, the government eliminated a ₹400 per tonne cess, creating a net reduction of ₹180 per tonne from September 22. Coal India, which supplies 80% of domestic production, stands to benefit most from improved price competitiveness against imports. The state miner produced 703mn tonnes in FY2024 while India imported 261mn tonnes, primarily higher-grade coal for steel production and thermal generation. The reform reflects New Delhi’s balancing act between climate commitments and energy security. Coal still generates 70% of India’s electricity, and demand continues rising alongside industrial expansion. Rather than accelerating coal’s decline, the government chose to ...
News Bulletin

India Fast-tracks Hydrogen in Industrial Transition

India’s green hydrogen ambitions moved beyond policy rhetoric in 2025. The government’s ₹19,744 crore National Green Hydrogen Mission aims for 5mn tonnes annual production by 2030, with initial facilities taking shape in Gujarat’s industrial belt, Odisha’s port complexes and Tamil Nadu’s renewable corridors. Production costs remain challenging at $3-5 per kilogram, well above the $1 threshold needed for commercial viability against fossil alternatives. However, manufacturers are banking on scale economics and improved electrolyser technology to bridge this gap within five years. Industrial buyers face mounting pressure from global supply chains demanding carbon-neutral inputs. Fertiliser producers, oil refineries and steel mills—sectors consuming most of India’s current 6mn tonnes of...
HPCL Delivers Blockbuster Quarter Despite Refining Headwinds
News Update

HPCL Delivers Blockbuster Quarter Despite Refining Headwinds

By Newscript News Network August 20, 2025 Hindustan Petroleum Corporation Limited (HPCL) has stunned markets with a 1,128% surge in standalone net profit to ₹4,371 crore in Q1 FY26. The performance comes despite weaker refining margins and slightly lower revenues. HPCL attributed the results to higher refinery throughput, tighter cost control, and efficiency gains. “This is a testament to operational discipline,” said Chairman Pushp Kumar Joshi. Analysts agreed, noting HPCL’s ability to outperform peers IOC and BPCL despite similar market conditions. The quarter also showcased HPCL’s expanding retail footprint, with robust fuel sales across India. However, analysts caution that sustained profit growth will depend on maintaining refining spreads in a volatile crude environment. ...
IOC Bets on Sustainable Aviation Fuel and Russian Oil Imports
News Update

IOC Bets on Sustainable Aviation Fuel and Russian Oil Imports

By Newscript News Network August 20, 2025 Indian Oil Corporation (IOC) is reshaping its portfolio with a dual strategy: green aviation and steady crude supplies. On August 20, IOC signed a landmark MoU with Air India to supply Sustainable Aviation Fuel (SAF), becoming the first Indian company to secure ISCC CORSIA certification at its Panipat refinery. “This is a watershed moment,” an IOC executive said. “For the first time, an Indian refiner can supply SAF that meets global sustainability standards.” Aviation accounts for 2-3% of global emissions, and SAF is seen as key to decarbonisation. In parallel, IOC has resumed Russian crude imports, which were briefly halted in July as discounts narrowed. Russia supplied 22% of IOC’s crude in FY25, rising to 24% this quarter. Current c...
ONGC Charts New Frontier with Helium Recovery, Marks Leadership Transition
News Update

ONGC Charts New Frontier with Helium Recovery, Marks Leadership Transition

By Newscript News Network August 20, 2025 India’s flagship explorer Oil & Natural Gas Corporation (ONGC) is preparing to enter the strategically vital helium market with a landmark ₹40 crore investment in Tamil Nadu. On August 20, ONGC Energy Centre Trust signed an agreement with Engineers India Limited (EIL) to set up the country’s first indigenous helium recovery plant. Helium is critical for MRI machines, semiconductor fabrication, space research, and defence technologies. Currently, India relies almost entirely on imports from the US and Qatar, leaving it vulnerable to global shortages. “Helium is rare, irreplaceable, and expensive. By developing indigenous recovery, ONGC is giving India both security and leverage,” said a senior ONGC scientist. The Tamil Nadu facility ...
India’s Coal Conundrum : COAL-FIRED POWER PLANTS IN INDIA SPEWING TOXIC POLLUTANTS
Energy Transition, Metals & Mining

India’s Coal Conundrum : COAL-FIRED POWER PLANTS IN INDIA SPEWING TOXIC POLLUTANTS

  By SATYAPAL MENON Newscript, August 15, 2025 Is India's considerable reliance on coal for power generation an unavoidable necessity, despite its’ potential hazards? Most of the futuristic projections point to continued dependence on this fossil fuel for catering to major chunk of country’s electricity requirements. This is substantiated by estimates which indicate that coal consumption would cross the billion-ton mark in the not too distant future, from 895 million tons in 23-24. Presently, Coal-fired power plants account for 75% of electricity generation in the country. Though there is a possibility of decrease in the percentage by around 20% to an estimated 55% in 2030, it also reflects the fact that coal-fired power plants would continue to account for more than half of India’...
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