India has added as much as 7.2 gigawatts (GW) of coal-fired power capacity in the current fiscal year ending March 2026, which is about 60% above the previous fiscal year’s capacity expansion with four months to go, government data showed on Tuesday. The newly-commissioned capacity in the 2025/2026 fiscal year …
Read More »India to Open Nuclear Power to Private Investment in $214 Billion Push
India is close to opening its nuclear power sector to private investment as it seeks to boost installed nuclear capacity tenfold by 2047, which is estimated to cost $214 billion (19.28 trillion Indian rupees). The bill to open the nuclear energy sector to private investment is expected to be passed …
Read More »India Delays Key Decision on Future of Coal Power Expansion
India has not taken any decision about expanding its massive coal-fired power generation fleet beyond 2035, the country’s power ministry secretary, Pankaj Agarwal, told Reuters this weekend. “India wants to secure its energy requirements,” Agarwal told Reuters on the sidelines of an event, adding that as on 2035, India aims …
Read More »Oversupply Warning Jolts India’s Solar Buildout
India’s solar sector has hit that awkward stage of adolescence where ambition seems to be outpacing demand. And now the adults in the room are issuing critical warnings. A new letter from the clean-energy ministry, quietly circulated to the finance ministry, urges lenders to think twice before showering cash on …
Read More »Russia Vows to Boost Oil Supply to India despite Western Sanctions
The decline of India’s crude oil imports from Russia could be only temporary as Russia plans to boost supply and evade Western sanctions, the Kremlin spokesman Dmitry Peskov said on Tuesday as India prepares to welcome Vladimir Putin on an official visit later this week. “There can be, for a …
Read More »India Signals a 50% Cut in Russian Oil Imports under U.S. Sanctions Pressure
India could reduce its imports of Russian crude oil by 50%, a former foreign minister in New Delhi told local media, noting that both India and Russia would nevertheless look for ways to go around U.S. sanctions to keep some oil flowing. “We will be gradually reducing oil purchases from …
Read More »India’s Serentica Renewables to Invest $11 Billion in Clean Energy
India’s Serentica Renewables plans to invest up to $11 billion to boost its clean energy portfolio by the end of the decade via project acquisitions and new capacity build outs, chairman Pratik Agarwal has told Reuters. Serentica Renewables, backed by global private equity giant KKR, plans to raise over the …
Read More »China and India Boost Crude Purchases as Global Glut Looms
China and India are buying more crude oil, providing some respite for producers facing expectations of oversupply, Bloomberg reported today, citing unnamed trading sources. The two large importers have been buying mostly Middle Eastern cargos, the Bloomberg sources said, noting that these were being sold at a discount, with China …
Read More »India’s Refiners Turn to the U.S. in Break from the Gulf
India’s state-run refiners have locked in their first-ever long-term deal to import U.S. liquefied petroleum gas (LPG), awarding tenders to Chevron, Phillips 66, and TotalEnergies Trading for delivery beginning in 2026—a move that marks a geopolitical and commercial break from the Middle East and a step toward appeasing Washington. The …
Read More »Canada and India to Partner in Critical Minerals Supply Chain
Faced with difficult trade negotiations with the United States and American tariffs on their products, Canada and India pledged to encourage long-term supply chain partnerships in critical minerals and clean energy. At a trade summit in India, Canada and the host country agreed to revive their stalled bilateral relations and …
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