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Weekly Energy Brief : September 1- September 7

19Apr

By Newscript News NetworkNo Comments

Environmental Accountability, Geopolitics, News Update, Oil & Gas Industry, Renewables

Weekly Energy Brief : September 1- September 7

EXECUTIVE SUMMARY India’s energy system showed resilience amid geopolitical stress. The U.S. 50% tariff shock was offset by Russia’s ~$7/bbl discount, sustaining flows through a ~6 mb/d shadow market while the Indian crude basket hovered near $70.71/bbl; pump prices in Delhi stayed broadly steady. Policy tailwinds accelerated the transition: ALMM List-II became mandatory for solar tenders, and a forthcoming GST reset cuts rates on renewable components to 5% while lifting coal/lignite to 18%, sharpening clean-power economics. Renewables reached 237 GW, with H1-2025 clean generation at ~236 TWh (+20% y/y); domestic module capacity now exceeds 100 GW. Corporates advanced green hydrogen, storage, and ammonia projects, as regulators tightened ESG: SEBI’s value-chain reporting is voluntary in ...

ONGC JOINED HANDS WITH TATA POWER RENEWABLES TO DEVELOP BATTERY STORAGE

Tata Power Renewable Energy and Oil and Natural Gas Corporation have joined forces to develop large-scale battery storage, marking a decisive step by India’s biggest oil producer into clean energy. The agreement was signed at India Energy Week in February, as ONGC faces growing pressure to reduce dependence on fossil fuels. Chairman Arun Kumar Singh said energy storage was vital to stabilise the grid as more solar and wind capacity comes online. ONGC has set a goal of 10GW of renewable power by 2030 and pledged net zero emissions by 2038. Tata Power adds operational know-how. It runs India’s largest solar-battery plant, a 100MW facility with 120MWh of storage in Chhattisgarh. Chief executive Deepesh Nanda said the partnership would scale solutions across utilities, industrial consume...

Hydrogen revolution catapults India toward global clean energy superpower status

Government officials have outlined India’s national hydrogen mission as a transformative initiative that will establish the country as a global centre for hydrogen technology development, targeting both domestic energy transition requirements and emerging export opportunities in clean fuel markets. The comprehensive strategy encompasses production, storage, distribution, and application technologies across industrial and transportation sectors. The mission framework includes substantial public investment in research and development facilities, pilot project deployment, and manufacturing capacity creation for electrolysis equipment and fuel cell technologies. Industry partnerships with international technology providers are expected to accelerate domestic capability development whilst en...