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News•Feb 28, 2026
NSE Eyes Electricity Futures and Coal Spot Exchange as Next Growth Drivers
India’s National Stock Exchange (NSE) announced plans to launch electricity futures, a coal spot exchange and broaden its commodity offerings, leveraging its high‑speed trading infrastructure. CEO Ashish Chauhan said the exchange’s existing systems for order processing, clearing and risk management can be adapted to bring efficiency and transparency to these new markets. The move follows a strong financial performance, with Q3 FY26 consolidated net profit up 15% to ₹2,408 crore and total income rising 6% sequentially. NSE aims to deepen price discovery in energy and metals, supporting India’s goal of becoming a developed economy by 2047.
By ET EnergyWorld (The Economic Times)
News•Feb 28, 2026
SCI, Oil Firms Shipping JV Delayed over Lack of Clarity on ONGC’s Role
India’s Shipping Corporation of India (SCI)‑led joint venture to own a fleet for state‑run oil firms has stalled because ONGC’s equity participation remains undefined. The JV structure allocates 50% to SCI, with IOCL, BPCL and Sagarmala Finance each holding 10‑15%,...
By ET EnergyWorld (The Economic Times)
News•Feb 27, 2026
Peak-Hour Power to Cost More in Chandigarh Soon
Chandigarh Power Distribution Limited (CPDL) will introduce time‑of‑day (TOD) electricity tariffs for all consumer categories, beginning with industrial users. The new structure applies a multiplier of 0.8 during solar‑aligned daytime hours (9 am‑5 pm) and 1.2 during morning and evening peaks, while...
By ET EnergyWorld (The Economic Times)
News•Feb 27, 2026
Tripura Milestone: State Crosses 8 MW of Solar Power Generation
Tripura has crossed the 8 MW threshold for rooftop solar generation under the PM Surya Ghar Muft Bijli Yojana. More than 2,350 households and small businesses have installed panels, collectively feeding over 8 MW into the state grid. The scheme has disbursed...
By ET EnergyWorld (The Economic Times)
News•Feb 27, 2026
NITI Aayog Panel Calls for Public-Private Push to Boost India's Critical Minerals Self-Reliance
The NITI Aayog‑led National Critical and Strategic Minerals Committee called for a joint public‑private drive to accelerate exploration, research and partnerships for India’s critical minerals. Despite sizable reserves, limited exploration has left the country heavily import‑dependent on lithium, rare‑earth elements,...
By ET EnergyWorld (The Economic Times)
News•Feb 25, 2026
Russia Boosts Budget Reserve Fund Amid Falling Oil Revenues
Russia's finance ministry announced plans to lower the cut‑off price that triggers the transfer of oil revenues into the budget reserve fund. The move aims to channel more of the declining oil proceeds into the $56 billion reserve to protect it...
By ET EnergyWorld (The Economic Times)
News•Feb 25, 2026
Renewable Energy Company EDPR's 2025 Recurring Profit Jumps 50% on US Growth
EDP Renovaveis reported a 50% jump in recurring net profit for 2025, reaching €330 million, driven by rapid U.S. capacity expansion. EBITDA rose 17% to €1.95 billion, with a target of €2.1 billion for 2026. The company added 2 GW of new capacity, over...
By ET EnergyWorld (The Economic Times)
News•Feb 25, 2026
European Power Prices Plummet as Wind Surges and Demand Falls
European day‑ahead power contracts plunged on Wednesday as wind generation surged and demand fell across the region. Germany's baseload price dropped 20.6% to €75/MWh, while France’s fell 30% to €21/MWh. Wind output is set to reach 23.8 GW in Germany and...
By ET EnergyWorld (The Economic Times)
News•Feb 25, 2026
Industry Leaders Present India–UK/Europe Green Corridor Vision to President Murmu
Senior industry leaders from India, the UK and Europe briefed President Droupadi Murmu on a proposed India‑UK/Europe green corridor aimed at accelerating industrial decarbonisation and sustainable trade. The roadmap, led by Rajashree Birla, outlines technology transfer, catalytic capital flows and...
By ET EnergyWorld (The Economic Times)
News•Feb 25, 2026
Nordex CEO Says Europe Must Speed up Permitting for Renewables
Nordex chief executive Jose Luis Blanco told Reuters that Europe must emulate Germany’s rapid wind‑project permitting to meet its renewable targets. He highlighted recent German reforms that now allow approvals within months, a stark contrast to earlier delays. Blanco warned...
By ET EnergyWorld (The Economic Times)
News•Feb 25, 2026
CAFE-III: Power Ministry Has Sent Proposal to PMO After Meeting Stakeholders, Says Kumaraswamy
The Power Ministry has submitted its draft Corporate Average Fuel Efficiency (CAFE‑III) proposal to the Prime Minister’s Office after a stakeholder roundtable. The upcoming CAFE‑III standards, expected to roll out in April 2027, aim to tighten fleet‑wide fuel consumption and CO₂...
By ET EnergyWorld (The Economic Times)
News•Feb 24, 2026
Solar Firm Told to Refund ₹8.1 Lakh for Failed Panel Installation
The Karnataka District Consumer Disputes Redressal Commission ordered a solar‑panel distributor to refund ₹8.1 lakh and pay ₹35,000 for mental anguish after a rooftop system, promised to generate 40 units daily, failed shortly after installation. The ruling highlights inadequate after‑sales support...
By ET EnergyWorld (The Economic Times)
News•Feb 24, 2026
Battery Technology Startup Coulomb Litech Secures ₹20 Crore Seed Funding
Coulomb Litech, an Indian battery‑technology startup, closed a ₹20 crore seed round to expand its manufacturing footprint and accelerate market penetration. The company, founded by IIT‑Kanpur alumni, develops fast‑charging, long‑life battery systems for medium‑ and heavy‑duty electric vehicles, covering voltages from...
By ET EnergyWorld (The Economic Times)
News•Feb 24, 2026
CCEA Enhances Equity Investment Limit for Powergrid Subsidiaries to ₹7,500 Crore
The Cabinet Committee on Economic Affairs approved raising Powergrid's equity investment ceiling from ₹5,000 crore to ₹7,500 crore per subsidiary, while keeping the 15 percent net‑worth cap. The change enables the Maharatna CPSE to fund larger transmission projects, including UHVAC and HVDC corridors,...
By ET EnergyWorld (The Economic Times)
News•Feb 24, 2026
Slovakia Halts Emergency Electricity Supplies to Ukraine over Russian Oil Dispute
Slovakia announced it will halt emergency electricity supplies to Ukraine until Kyiv restores Russian oil transit through the Druzhba pipeline. The move follows a dispute over the pipeline’s shutdown after a Russian drone strike and accusations that Ukraine is delaying...
By ET EnergyWorld (The Economic Times)
News•Feb 24, 2026
EVs Likely to Lose Zero-Emission Tag Under CAFE III
India’s Bureau of Energy Efficiency is set to revise CAFE‑III rules, removing the zero‑emission label for electric cars and requiring manufacturers to account for electricity consumption in fuel‑efficiency calculations. The proposal converts kWh per 100 km into a petrol‑equivalent metric, aiming...
By ET EnergyWorld (The Economic Times)
Deals•Feb 24, 2026
Coulomb Litech Secures ₹20 Crore Seed Funding
Coulomb Litech, a battery technology startup, announced it has raised ₹20 crore in a seed funding round to scale manufacturing and expand its presence in India's electric‑vehicle ecosystem. The funds will be used to set up a new manufacturing facility in...
ET EnergyWorld (The Economic Times)
News•Feb 23, 2026
Waaree, ZFI Sign 2.5 MW Electrolyser-as-a-Service Agreement; Inks MoU for 50 MW Green Hydrogen Expansion
Waaree Clean Energy Solutions and Zero Footprint Industries have signed an electrolyser‑as‑a‑service agreement for a 2.5 MW alkaline unit in Uttar Pradesh, with Waaree handling design, installation, ownership and operation for 15 years. The system, built at Waaree’s Gujarat plant, will generate...
By ET EnergyWorld (The Economic Times)
News•Feb 23, 2026
Nashik Consumers Oppose MSEDCL’s New Restriction on Rooftop Solar Power Generation
MSEDCL announced a new rule that caps rooftop solar installations in Nashik based on a household's annual electricity consumption rather than its sanctioned load. The change threatens to limit consumers' ability to fully utilize the PM Suryaghar subsidy and could...
By ET EnergyWorld (The Economic Times)
News•Feb 23, 2026
PSPCL Disconnects 1,014 Power Connections for ₹3.7 Crore in Dues Recovery Drive
Punjab State Power Corporation Limited (PSPCL) disconnected 1,014 electricity connections after consumers amassed unpaid dues of ₹3.7 crore. The disconnections were executed across five divisions—Kharar, Kurali, Samrala, Ropar and Anandpur Sahib—as part of a zero‑tolerance recovery drive. During the campaign, 315...
By ET EnergyWorld (The Economic Times)
News•Feb 23, 2026
Patel Engineering Is L1 for ₹910 Crore Renukaji Dam Package in Himachal Pradesh
Patel Engineering has been declared the lowest bidder for Package 1 of the Renukaji Dam project in Himachal Pradesh, securing a contract worth ₹910.08 crore. The scope covers construction of three 9.5‑metre diversion tunnels, three inlet/outlet portals, six kilometres of access roads,...
By ET EnergyWorld (The Economic Times)
News•Feb 23, 2026
Pine Labs Bags Multi-Year Digital Payments Mandate From BPCL, HPCL, IOCL
Pine Labs has secured multi‑year contracts with BPCL, HPCL and IOCL to deploy and manage digital‑payment infrastructure across India’s fuel retail network. The deals cover the rollout of roughly 130,000 payment acceptance devices and include ongoing maintenance and software upgrades....
By ET EnergyWorld (The Economic Times)
News•Feb 23, 2026
Illegal Coal Mining Bust in East Jaintia Hills; 17,000 MT Seized, 22 Held
Police in East Jaintia Hills seized twelve coal‑laden trucks, confiscating 17,322 metric tonnes of coal and 25.5 kg of explosives. The operation resulted in 22 arrests and 94 FIRs, intensifying a crackdown that follows a February 5 dynamite blast that killed...
By ET EnergyWorld (The Economic Times)
News•Feb 22, 2026
Chamera-1 Hydro Power Station: NHPC's Renewable Energy Success in Himachal Pradesh
The Chamera‑1 Hydro Power Station in Himachal Pradesh is a 540 MW underground facility operating three 180 MW units since 1984. It consistently outperforms its design output of 1,664 million units, having generated over 2,500 million units to date. The plant supplies long‑term power...
By ET EnergyWorld (The Economic Times)
News•Feb 22, 2026
CAG Conference: India Power Sector Audit Planning, Trends & Future
India’s Comptroller and Auditor General will host a national conference on February 23 to review power sector trends and shape future audit plans. The event will bring together senior officials from the Centre, states and leading public‑sector utilities to discuss digitalisation,...
By ET EnergyWorld (The Economic Times)
News•Feb 22, 2026
Coal Demand Set for Uptick on Rising Power Needs
India’s power demand rebounded sharply in December, posting a 6.3% rise, and continued climbing in January as a harsh winter and improving economic activity spurred electricity consumption. The surge is expected to lift coal demand, reversing a period of weakness...
By ET EnergyWorld (The Economic Times)
News•Feb 22, 2026
Excise Waiver for Biogas Blending, Clear Policy Line Can Unlock ₹1 Lakh Crore Investment: IBA
The Indian Biogas Association says the Union Budget 2026 excise‑duty waiver on compressed biogas (CBG) blended with CNG could unlock up to ₹1 lakh crore of investment, provided a clear, stable policy framework. A 5% blending target over five years would require...
By ET EnergyWorld (The Economic Times)
News•Feb 22, 2026
Adani Group's Hydropower Plant Among 10 Projects Worth over ₹44,000 Cr to Get Odisha Govt Nod
The Odisha government has approved ten industrial projects worth ₹44,200 crore, spanning sectors such as semiconductors, rare‑earth magnets, cement, automotive components, telecom infrastructure and renewable energy. Among the approvals, Adani Group’s pumped‑storage hydropower plant and a major semiconductor memory chip plant...
By ET EnergyWorld (The Economic Times)
News•Feb 22, 2026
Chandigarh Rooftop Solar Uptake Low Despite Incentives; CREST Flags Strong Savings Potential
Despite generous subsidies under the PM Surya Ghar: Muft Bijli Yojana, Chandigarh households have been slow to install rooftop solar. A CREST cost‑benefit study shows a 2‑3 kWp system can cut monthly bills by ₹1,000‑₹2,000 and deliver a payback in four to five years. Over a...
By ET EnergyWorld (The Economic Times)
News•Feb 21, 2026
NARCL Places ₹285 Crore Anchor Bid for BLA Power Debt
National Asset Reconstruction Company Ltd (NARCL) has submitted an anchor bid of ₹285 crore for the stressed debt of BLA Power, representing a 38.6% recovery of the ₹738.18 crore outstanding. The bid follows a Swiss‑Challenge auction format, requiring competing offers to exceed...
By ET EnergyWorld (The Economic Times)
News•Feb 21, 2026
US Does Not Want Anyone Buying Russian Oil, Says Ambassador Sergio Gor
US Ambassador Sergio Gor told reporters in New Delhi that Washington does not want any country buying Russian oil as part of its effort to end the Ukraine war. He praised India’s recent diversification of crude supplies but reiterated the...
By ET EnergyWorld (The Economic Times)
Deals•Feb 21, 2026
NARCL Places ₹285 Crore Anchor Bid for BLA Power's Stressed Debt
National Asset Reconstruction Company Ltd (NARCL) has emerged as the anchor bidder for the stressed debt of BLA Power, offering ₹285 crore under a Swiss Challenge auction. The bid represents a 38.6% recovery of the ₹738.18 crore outstanding debt, with...
ET EnergyWorld (The Economic Times)
News•Feb 20, 2026
Delhi Discom Showcases Its 'Digital Twin of Power Distribution Network' At AI Summit
Delhi’s BSES Rajdhani Power Limited unveiled a Digital Twin of its power distribution network at the AI Impact Summit 2026. The AI‑driven platform creates a real‑time, map‑like view of the Janakpuri grid by fusing SCADA, GIS, IoT sensors, SAP and...
By ET EnergyWorld (The Economic Times)
News•Feb 20, 2026
Andhra Pradesh Secures ₹8,175 Crore Battery Gigafactory, Boosting Clean Energy Ambitions
Waaree Energies announced a ₹8,175 crore investment to build India’s largest lithium‑ion battery gigafactory in Andhra Pradesh. The greenfield plant will have a 16 GWh annual capacity, covering cell production, battery packs and large‑scale energy storage systems, and is projected to generate...
By ET EnergyWorld (The Economic Times)
News•Feb 18, 2026
India Keen to Diversify Crude Oil, Coking Coal Sources; Eyes High-Quality US Supplies: Piyush Goyal
India’s commerce minister Piyush Goyal said New Delhi will diversify crude oil and coking‑coal supplies, targeting high‑quality U.S. coal to reduce reliance on a few geographies. He highlighted a $100 billion aircraft demand from the United States over the next five...
By ET EnergyWorld (The Economic Times)
News•Feb 18, 2026
Statiq Bags $18mn Led by Tenacity Ventures
Statiq, an Indian EV‑charging network provider, secured $18 million in a financing round led by Tenacity Ventures, with participation from Y Combinator, Shell Ventures, and RCD Holdings. The mix of equity and debt will fund the rollout of additional DC fast chargers...
By ET EnergyWorld (The Economic Times)
News•Feb 18, 2026
Kenya Awards Key Transmission Work to Power Grid
Kenya has awarded a $311 million power transmission contract to a joint venture of India’s Power Grid Corp and Africa50. The PPP will design, build, operate and maintain two high‑voltage lines serving western and northern Kenya, addressing chronic supply gaps. The...
By ET EnergyWorld (The Economic Times)
News•Feb 18, 2026
India Can Curb Clean Cooking Costs by Scaling Biogas, Electric Stoves: IISD Report
The International Institute for Sustainable Development (IISD) reports that India can lower clean‑cooking costs by scaling decentralized biogas and electric stoves alongside LPG and piped natural gas. While LPG connections have doubled since 2016, 37% of households still rely on...
By ET EnergyWorld (The Economic Times)
News•Feb 18, 2026
At Mumbai Climate Week, Niti Ayog VC Suman Bery Highlights Growth, Gender Inclusion and India's Clean Energy Push
At Mumbai Climate Week, NITI Aayog Vice Chairman Suman Bery linked India’s economic growth to increased women’s workforce participation and the nation’s push for energy self‑sufficiency. He cited Nobel laureates to argue that faster growth draws more women into the...
By ET EnergyWorld (The Economic Times)
News•Feb 18, 2026
ISA Unveils Global Mission to Fast-Track AI-Enabled Clean Energy over 120 Countries
The International Solar Alliance announced a Global Mission on AI for Energy at the India AI Impact Summit 2026, targeting more than 120 member countries. The programme aims to fast‑track AI‑enabled clean‑energy solutions for planning, grid management and decentralized solar,...
By ET EnergyWorld (The Economic Times)
News•Feb 18, 2026
Indo-UK Offshore Wind Task Force Launched, India Crosses 272 GW Non-Fossil Fuel Power Capacity
India’s non‑fossil electricity generation capacity has crossed 272 GW, driven by 141 GW of solar and 55 GW of wind. In the current fiscal year the country added over 35 GW of solar and 4.6 GW of wind, pushing clean power to more than half...
By ET EnergyWorld (The Economic Times)
Deals•Feb 18, 2026
Statiq Raises $18M in Equity‑debt Round Led by Tenacity Ventures
India’s EV‑charging network provider Statiq announced a new $18 million funding round, led by Tenacity Ventures, with participation from Y Combinator, Shell Ventures and RCD Holdings. The mixed equity‑debt round will fund expansion of its charging infrastructure across Tier‑1 and Tier‑2 cities...
ET EnergyWorld (The Economic Times)
News•Feb 17, 2026
Saksham 2026 Sees Wide Participation; Concludes with Call for Energy Conservation
India’s Ministry of Petroleum and Natural Gas wrapped up the two‑week Saksham 2026 campaign in Chandigarh, drawing wide participation across Punjab and the city. The initiative, led by public‑sector oil and gas firms, promoted fuel conservation and energy‑efficient appliances through walk‑athons,...
By ET EnergyWorld (The Economic Times)
News•Feb 17, 2026
India Eyes Investments Worth $200 Billion in Data Centres: Ashwini Vaishnaw at AI Summit
India’s government announced a target of up to $200 billion in data‑centre investments to turn the country into a world‑class AI data hub. Minister Ashwini Vaishnaw said the plan covers all five layers of the AI technology stack and aims to...
By ET EnergyWorld (The Economic Times)
News•Feb 17, 2026
Sewa-II Hydropower Project Generates ₹3,674 Crore Revenue in Jammu & Kashmir
The 120 MW Sewa‑II hydropower plant in Kathua has amassed ₹3,674 crore in revenue since its commissioning in July 2010, under the operation of NHPC. The state government reported that only ₹32 crore—about 1 % of the total—has been transferred to the Local Area Development...
By ET EnergyWorld (The Economic Times)
Deals•Feb 11, 2026
Power Finance Corp and REC Ltd Announce Proposed Merger to Boost Renewable Funding
State-run lenders Power Finance Corporation (PFC) and REC Ltd have announced a proposed merger aimed at enhancing financing access for India's renewable energy projects. The combined entity would have a larger capital base, potentially easing funding constraints for large‑ticket renewable...
ET EnergyWorld (The Economic Times)