News Update Archives - Page 9 Of 10 - Newscript EnergyWorld

HPCL inks LNG deal with Abu Dhabi, boosts recruitment drive

19Apr

By Newscript News NetworkNo Comments

News Update

HPCL inks LNG deal with Abu Dhabi, boosts recruitment drive

By Newscript News Network August 21, 2025HPCL, LNG deal ALNG, Chhara LNG terminal, Indo-UAE energy ties, recruitment drive, Indian gas sector, LNG imports. Hindustan Petroleum Corporation Ltd (HPCL) has signed a 10-year liquefied natural gas (LNG) supply agreement with Abu Dhabi’s ALNG, ensuring steady flows to its Chhara LNG terminal in Gujarat. The pact strengthens Indo-UAE energy cooperation and gives HPCL long-term supply security at a time when LNG spot markets remain volatile. The Chhara terminal, with a nameplate capacity of 5 MMTPA, is expected to play a strategic role in India’s gas transition. “This deal underlines HPCL’s ambition to grow its natural gas footprint and reduce carbon intensity,” said an oil ministry official. HPCL is also expan...

19Apr

By Newscript News NetworkNo Comments

News Update

India & Global Energy News

By Team Newscript, August 15, 2025 India Energy News – August 15, 2025 Reliance Industries Buys Fuel Oil from HPCL Reliance Industries Ltd. (RIL), India’s largest private sector refiner, has purchased fuel oil from Hindustan Petroleum Corporation Ltd. (HPCL) for the first time in several years, signalling a shift in domestic petroleum trade patterns. The deal comes against a backdrop of tightening global refined product markets and geopolitical constraints on Russian energy flows, which have disrupted established trade routes. Traditionally, Reliance has exported fuel oil from its Jamnagar complex, capitalising on overseas demand. The decision to source domestically from HPCL points to a tactical recalibration aimed at optimising refinery margins as export opportunities narr...

Indian Oil Signs Landmark SAF MoU with Air India

19Apr

By Newscript News NetworkNo Comments

News Update

Indian Oil Signs Landmark SAF MoU with Air India

By Newscript News Network August 20, 2025 Indian Oil Corporation (IOC) has signed a landmark agreement with Air India to supply Sustainable Aviation Fuel (SAF), making IOC the first Indian company certified by ICAO for global SAF standards. The Panipat refinery will produce the initial blends for domestic and international flights. “This agreement marks a new era for India’s aviation industry,” said IOC Chairman S.M. Vaidya. Air India noted SAF is critical to passenger expectations and competitiveness. With rivals BPCL and HPCL still at pilot stages, IOC has taken the lead. Analysts see this as India’s entry into a global SAF market expected to surge to $15 billion by 2030.

Indian Stock Markets Lifted by Cooling Oil Supply Fears

19Apr

By Newscript News NetworkNo Comments

Geopolitics, News Update

Indian Stock Markets Lifted by Cooling Oil Supply Fears

By Pallab Bhattacharya Newscript, August 18, 2025 Indian equities are poised to open stronger on Monday as easing concerns over Russian crude supplies filter through global energy markets. Diplomatic overtures between Washington and Moscow over the weekend have reassured investors that neither fresh sanctions nor retaliatory tariffs on Russian oil are imminent, a signal that has dampened fears of disruption to India’s lifeline imports. Energy import costs remain India’s Achilles’ heel, with oil accounting for nearly 89 per cent of its consumption. Any volatility in supply often reverberates immediately in equity markets, squeezing the rupee and widening fiscal deficits. The latest developments have tempered anxieties, with futures on both the Nifty 50 and Sensex reflecting gains i...

19Apr

By Newscript News NetworkNo Comments

News Update

India Energy News

By Team Newscript, August 14, 2025 Thermal and Renewable Power: AUSC Coal Projects Hit Approval Roadblocks India’s ambitions to modernise its ageing coal fleet with advanced ultra-supercritical (AUSC) technology are running into bureaucratic delays. Announced in the Union Budget 2024–25, the projects were intended to replace over 130GW of coal capacity nearing 30 years of service. Industry executives say AUSC units, which operate at higher efficiency and lower emissions than conventional plants, are critical to meeting both energy security and climate commitments. However, multiple projects remain stuck awaiting environmental clearance and final techno-economic approvals. Developers warn that the cost of delay is twofold: rising maintenance bills for ageing units and a missed op...

NTPC Green Energy Projects Commence Operations

19Apr

By Newscript News NetworkNo Comments

News Update

NTPC Green Energy Projects Commence Operations

By Newscript News Network August 20, 2025 NTPC Green Energy Limited (NGEL), the renewable subsidiary of NTPC, has begun commercial operations of two renewable energy projects on August 19, 2025, adding 600MW of solar and wind power in Rajasthan and Gujarat. This milestone strengthens NTPC’s green portfolio and showcases India’s renewable transition capacity. “These plants reflect our ambition to ensure every megawatt of new capacity has a lower carbon footprint,” said an NTPC executive. Experts highlighted the projects’ use of bifacial solar modules and advanced turbines, calling them “world-class.” With India facing renewable project delays, NTPC’s timely execution highlights its balance sheet strength and reliability compared with private peers.

19Apr

By Newscript News NetworkNo Comments

News Update

Daily News Updates – India & Worldwide

By Team Newscript Power Demand and Monsoon Slowdown India’s electricity demand softened in the first quarter of FY26 as an early monsoon tempered consumption across industrial and residential sectors. Major private utilities — Tata Power, Adani Power, and JSW Energy — reported declines of 1.3–1.6% in Q1 demand, a reversal from the 11% surge seen in the same quarter last year. The slowdown comes after two consecutive years of above-average growth, driven by post-pandemic recovery and prolonged summer heatwaves. Analysts say the early onset of monsoon rains in June cooled peak-hour loads and reduced air-conditioning demand. While the short-term dip eases strain on the grid, utilities warn that reduced dispatch volumes could compress margins. Demand is expected to recover in Q3 as ag...

19Apr

By Newscript News NetworkNo Comments

News Update

Global & India Energy Briefing

By Team Newscript August 12, 2025 India hits 50% non-fossil capacity five years early NEW DELHI, Aug 12 — India’s installed electricity generation capacity from non-fossil fuel sources has reached 50 per cent — five years ahead of its 2030 Paris Agreement commitment. The portfolio includes 234GW from clean energy (solar, wind, large hydro), 8.7GW nuclear, and 242GW thermal. This milestone reflects strong policy measures such as the Production-Linked Incentive scheme, accelerated auctions, and substantial private investment from players like Adani Green Energy. Analysts note the symbolism: coal remains dominant in absolute terms, but clean capacity is expanding at unprecedented speed. With demand forecast to grow over 6 per cent annually through 2030, peak load management will re...

ReNew Reports Surge in Profit on Module Sales Boom

19Apr

By Pallab BhattacharyaNo Comments

News Update

ReNew Reports Surge in Profit on Module Sales Boom

ReNew, India’s largest independent renewable power producer, has reported a staggering 1,202 per cent year-on-year increase in net profit for Q1 FY2026, powered by a surge in solar module sales. The company, which has traditionally focused on generation, is reaping rewards from its vertical integration strategy. Revenue growth was driven by its new manufacturing arm, which has scaled rapidly on the back of India’s push to build domestic module capacity. By selling modules both for its own projects and to third parties, ReNew has created a new revenue stream that shields it from the volatility of power tariffs. The performance highlights a broader shift among renewable developers. Generation alone is no longer sufficient; firms are moving into manufacturing, storage, and services. Pee...

19Apr

By Newscript News NetworkNo Comments

News Update, Corporate Watch

The Daily News Bulletin

By Team N ₹8,146 Crore Hydro Project in Arunachal to Power Clean Energy Push The Union Cabinet has approved a ₹8,146.21 crore investment for the 700 MW Tato-II hydroelectric project in Arunachal Pradesh’s Shi-Yomi district, a move set to strengthen India’s clean-energy ambitions and regional infrastructure. Comprising four 175 MW units, the project will generate roughly 2,738 million units annually and is expected to be commissioned within 72 months. The Centre will contribute ₹458.79 crore for roads, bridges and transmission lines, and ₹436.13 crore towards the state’s equity share. The venture, led by NEEPCO in partnership with the Arunachal Pradesh government, will supply 12% of its output free to the state and channel further royalties into local development. Officials vi...