Thea Energy has received a $20 million federal grant from the US Department of Energy to scale manufacturing of its modular fusion magnets. This funding supports the development of the company’s stellarator-based fusion reactors, which a...
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Hindalco Industries is the only company to bid for the Nuclear Power Corporation of India's 220 MW Bharat Small Reactor project. While other large firms initially showed interest, they did not submit final proposals for this captive powe...
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Nuclear technology firm Antares has secured $470 million in new funding to develop small modular reactors for U.S. military bases. The capital, consisting of $370 million in equity and $100 million in debt, aims to support the company’s...
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The Ministry of Petroleum & Natural Gas has confirmed no plans to mandate blending dimethyl ether (DME) with LPG. While DME is a cleaner fuel alternative, the government cited significant safety risks and technical compatibility hurdles....
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NTPC reported a record group profit of ₹27,546 crore for FY26, marking a 15% increase over the previous year. The power giant also hit a record capital spend of ₹55,986 crore as it expands its capacity to 90.9 GW. Investors are focusing...
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The Ministry of Power projects AI data centers will require 26.3 GW of electricity by FY32. This demand will be met through renewable energy and expanded thermal capacity to ensure grid stability.
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Tata Power will start building a 10 GW solar wafer and ingot plant in Odisha this October, a ₹6,600 crore investment. The company is also scouting for nuclear power project sites across three states as it seeks to diversify its energy po...
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Tata Power is working to secure revised power purchase agreements for its 4,000-MW Mundra plant by September 30. Securing these pacts with beneficiary states is vital to resolving long-standing profitability issues caused by volatile imp...
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Activists are organizing protests against the government's E20 ethanol blending policy, demanding that fuel stations offer pure petrol alongside blended options. Demonstrators cite concerns over lower vehicle mileage and higher maintenan...
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PFC Consulting has incorporated Kushtagi Transmission Ltd, a special purpose vehicle, to develop a 765kV power transmission system in Karnataka's Koppal district. The project will be awarded to a private developer through a competitive b...
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Saudi Arabia is adjusting its oil export logistics to bypass the Bab el-Mandeb strait due to ongoing Houthi security threats in the Red Sea. The shift toward alternative pipelines and smaller tankers is expected to increase operational c...
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Adani Green Energy CEO Ashish Khanna states that rising rooftop solar installations will not impact demand for large-scale utility projects. The company emphasizes that while rooftop solar serves daytime needs, utility-scale projects wit...
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Indian Oil Corporation shares closed 2.01% higher at Rs 141.25 on Monday following a significant increase in net profit for the fiscal year ended March 2026. The company reported a net profit of Rs 40,701.76 crore, supported by improved...
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Oil and Natural Gas Corporation (ONGC) shares fell 2.11% to ₹243.50 on Monday, moving in line with broader market trends. Investors are evaluating the state-owned energy major's performance after it reported a consolidated net profit of...
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Attacks by Houthi rebels in the Red Sea threaten critical shipping routes used for global oil exports. If disruptions persist, India could see higher freight costs and inflation pressure due to its heavy reliance on imported energy. Inve...
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Indian Energy Exchange (IEX) reported a 12% year-on-year rise in profit for the June 2026 quarter, supported by a 16% jump in electricity trading volumes. Investors are monitoring the progress of the company's coal exchange plans and its...
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Bharat Petroleum shares rose to ₹316.40 on Monday after global crude oil prices dropped. The move follows a report from brokerage firm Nomura, which raised its price target to ₹395, citing the company's strong refining performance. Inves...
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The International Gas Union warns that despite rising LNG import capacity, India's gas usage is held back by underdeveloped pipelines and distribution networks. Investors should note that without structural market reforms and improved co...
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India is expanding its strategic petroleum reserves from 5.33 million metric tonnes (MMT) to 11.88 MMT to protect against global supply disruptions. This expansion aims to move the nation toward a 90-day reserve target, crucial for stabi...
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A recent power line failure near Washington D.C. caused a sudden 3-gigawatt load drop from data centers, triggering voltage spikes across the PJM grid. This event highlights growing infrastructure risks as power-hungry AI data centers be...
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