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ET EnergyWorld (The Economic Times)

ET EnergyWorld (The Economic Times)

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India and global coverage of power, renewables, oil & gas, and policy.

Recent Posts

Coulomb Litech Secures ₹20 Crore Seed Funding
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 Navi Mumbai and accelerate product development for heavy‑duty EV applications.

ET EnergyWorld (The Economic Times)
NARCL Places ₹285 Crore Anchor Bid for BLA Power's Stressed Debt
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)
Statiq Raises $18M in Equity‑debt Round Led by Tenacity Ventures
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)
CESC Seeks KERC Nod to Bridge Revenue Deficit
News•Feb 17, 2026

CESC Seeks KERC Nod to Bridge Revenue Deficit

Chamundeshwari Electricity Supply Corporation (CESC) has asked the Karnataka Electricity Regulatory Commission (KERC) to approve a plan that bridges a ₹528.1 crore net revenue deficit for FY 2024‑25. The shortfall stems from higher power procurement costs, rising finance expenses and a 5.8%...

By ET EnergyWorld (The Economic Times)
Power Dept Launches Maintenance Campaign in Banda Ahead of Summer
News•Feb 17, 2026

Power Dept Launches Maintenance Campaign in Banda Ahead of Summer

The Banda electricity department has launched a month‑long maintenance campaign from Feb 15 to Mar 14 to safeguard power supply ahead of the summer peak. Chief Engineer Arvind Nayak detailed that 107 substations, 1,379 distribution transformers and 353 lines will undergo inspection...

By ET EnergyWorld (The Economic Times)
AI Can Help Optimise Clean Energy Save Lives and Livelihoods: Ceew CEO
News•Feb 17, 2026

AI Can Help Optimise Clean Energy Save Lives and Livelihoods: Ceew CEO

Ceew CEO Anurabha Ghosh highlighted how artificial intelligence can fine‑tune renewable energy dispatch, forecast storm surges and flood risks, and make agriculture more climate‑resilient. She warned that AI’s own resource footprint—energy and water for data centres—must be managed intentionally. India’s...

By ET EnergyWorld (The Economic Times)
Lower Power Cost for Consumers Will Be Success of AI, Renewable Energy Convergence, Says Govt Official
News•Feb 16, 2026

Lower Power Cost for Consumers Will Be Success of AI, Renewable Energy Convergence, Says Govt Official

India’s renewable capacity now exceeds 520 GW, including about 35 GW of distributed generation, and officials say artificial intelligence will be pivotal in lowering consumer power costs. Joint Secretary JVN Subramanyam highlighted AI as a game‑changer for distributed renewables at the AI...

By ET EnergyWorld (The Economic Times)
Refinery Petrochemical Integration, Feedstock Certainty to Define India’s Next Chemical Growth Cycle: Ramya Bharathram, MD, Thirumalai Chemicals
News•Feb 16, 2026

Refinery Petrochemical Integration, Feedstock Certainty to Define India’s Next Chemical Growth Cycle: Ramya Bharathram, MD, Thirumalai Chemicals

India’s chemical industry faces a structural shift as it seeks to move up the value chain by reducing reliance on imported feedstocks. Ramya Bharathram of Thirumalai Chemicals emphasizes refinery‑petrochemical integration, flexible cracker designs, and transparent, index‑linked pricing as keys to...

By ET EnergyWorld (The Economic Times)
Delhivery Ties up with RIDEV to Deploy 150 EVs for Last-Mile Deliveries
News•Feb 16, 2026

Delhivery Ties up with RIDEV to Deploy 150 EVs for Last-Mile Deliveries

Delhivery has partnered with electric‑mobility startup Ridev to roll out 150 high‑performance electric vehicles for last‑mile delivery across Delhi‑NCR, Bengaluru and Hyderabad. A pilot in those cities showed a 4,260 kg reduction in CO₂ emissions and more than a 50 percent drop...

By ET EnergyWorld (The Economic Times)
China's Russian Oil Imports to Hit New Record in February as India Cuts Back
News•Feb 16, 2026

China's Russian Oil Imports to Hit New Record in February as India Cuts Back

China’s independent refiners boosted Russian oil imports to a record roughly 2.08 million barrels per day in February, overtaking the 1.7 million bpd seen in January. The surge follows India’s sharp cutback to about 1.16 million bpd, leaving China as Moscow’s top seaborne...

By ET EnergyWorld (The Economic Times)
India Records Lowest-Ever Price for Green Hydrogen in Tender
News•Feb 16, 2026

India Records Lowest-Ever Price for Green Hydrogen in Tender

India achieved its lowest-ever green hydrogen price, with a winning bid of ₹279 per kilogram to supply 10,000 tonnes annually to Numaligarh Refinery in Assam. The tender attracted nine bidders, reflecting growing competition as renewable energy costs and government incentives...

By ET EnergyWorld (The Economic Times)
Trump Calls India-US Trade Deal ‘Historic’ as Tariff Cuts and Coal Exports Take Centre Stage
News•Feb 12, 2026

Trump Calls India-US Trade Deal ‘Historic’ as Tariff Cuts and Coal Exports Take Centre Stage

President Donald Trump called the newly concluded India‑US trade deal historic, highlighting its potential to expand American energy exports, especially coal. The interim agreement slashes U.S. duties on Indian goods to a uniform 18% across textiles, apparel, chemicals and more,...

By ET EnergyWorld (The Economic Times)
Adani Power to Ramp up Nuclear Energy Production Under New Atomic Unit
News•Feb 12, 2026

Adani Power to Ramp up Nuclear Energy Production Under New Atomic Unit

Adani Power has created a wholly‑owned subsidiary, Adani Atomic Energy Limited, with an initial ₹5 lakh investment to generate, transmit and distribute nuclear power. The move follows the passage of the SHANTI Act, which opens India’s nuclear sector to private players...

By ET EnergyWorld (The Economic Times)
India at the Digital Turning Point: How Virtual Twins, AI and Data Are Rewiring Industry
News•Feb 12, 2026

India at the Digital Turning Point: How Virtual Twins, AI and Data Are Rewiring Industry

The final India Leadership Talks episode highlighted how virtual‑twin technology and model‑based engineering are moving from promise to practice across manufacturing, infrastructure and life sciences. Leaders from Godrej, KPMG and IndianOil Adani Ventures described a shift from basic digitalisation to...

By ET EnergyWorld (The Economic Times)
NTPC Climbs 12% in Three Months on Thermal Additions, Renewable Growth Bets
News•Feb 12, 2026

NTPC Climbs 12% in Three Months on Thermal Additions, Renewable Growth Bets

NTPC’s shares have surged about 12 % in the last three months, outpacing the ET Power index, as the utility accelerates both thermal capacity additions and renewable growth through its NGEL subsidiary. The company now operates roughly 86 GW of installed capacity...

By ET EnergyWorld (The Economic Times)
CAG Flags NLC India for Operating Neyveli Mine-II without Valid Environmental Clearance
News•Feb 12, 2026

CAG Flags NLC India for Operating Neyveli Mine-II without Valid Environmental Clearance

The Comptroller and Auditor General (CAG) flagged that NLC India's Mine‑II in Neyveli operated without a valid environmental clearance, stemming from delayed revalidation. The audit also revealed severe land constraints, leaving only 46.19 hectares for active mining and an estimated...

By ET EnergyWorld (The Economic Times)
Miners' Death in Meghalaya's Illegal Coal Mine: NGT Issues Notice to Chief Secretary, Others
News•Feb 11, 2026

Miners' Death in Meghalaya's Illegal Coal Mine: NGT Issues Notice to Chief Secretary, Others

The National Green Tribunal (NGT) took suo‑motu cognizance of a newspaper report after an explosion killed 18 miners in an illegal rat‑hole coal mine in Meghalaya's East Jaintia Hills. The tribunal ordered the state chief secretary, the Central Pollution Control...

By ET EnergyWorld (The Economic Times)
Except Trump, Nobody Has Stated India's Refusal to Buy Russian Oil: FM Lavrov
News•Feb 11, 2026

Except Trump, Nobody Has Stated India's Refusal to Buy Russian Oil: FM Lavrov

Foreign Minister Sergei Lavrov told the Russian Duma that only U.S. President Donald Trump has claimed India will cease buying Russian oil, and no Indian official has made such a statement. Lavrov highlighted India’s new BRICS chairmanship and its focus...

By ET EnergyWorld (The Economic Times)
Govt Urges Refiners to Prioritise US, Venezuelan Crude Amid Evolving Trade Ties: Report
News•Feb 11, 2026

Govt Urges Refiners to Prioritise US, Venezuelan Crude Amid Evolving Trade Ties: Report

India has urged its state‑owned refiners to give priority to crude from the United States and Venezuela as part of a broader effort to diversify supplies and reduce reliance on Russian oil. The government’s suggestion applies to spot‑market tenders for...

By ET EnergyWorld (The Economic Times)
Kremlin Says Russia Will Seek Clarification From US on Venezuela Oil Restrictions
News•Feb 11, 2026

Kremlin Says Russia Will Seek Clarification From US on Venezuela Oil Restrictions

The U.S. Treasury issued a general license for Venezuelan oil and gas exploration that explicitly excludes Russian and Chinese entities, tightening restrictions on Moscow’s energy interests. Kremlin spokesman Dmitry Peskov said Russia will seek clarification from Washington to protect its substantial...

By ET EnergyWorld (The Economic Times)
PFC-REC Merger May Ease Funding Access for Renewable Firms: CreditSights
News•Feb 11, 2026

PFC-REC Merger May Ease Funding Access for Renewable Firms: CreditSights

Power Finance Corporation and REC Ltd announced a merger that will create a larger public‑sector NBFC focused on power financing. The combined entity will have a stronger capital base, expanding underwriting capacity for large‑ticket renewable projects and enabling refinancing of...

By ET EnergyWorld (The Economic Times)
AI, Defence and Energy Transition to Drive India’s Next Capex Wave: Chetan Ahya
News•Feb 11, 2026

AI, Defence and Energy Transition to Drive India’s Next Capex Wave: Chetan Ahya

Morgan Stanley’s Chetan Ahya says India is entering a new capex wave driven by a global industrial cycle revival, stronger non‑tech exports, and three structural trends: AI‑related infrastructure, higher defence spending, and the energy‑transition push. He notes that the Indian...

By ET EnergyWorld (The Economic Times)
Andhra Pradesh Chief Secretary Directs Power Utilities to Ensure Uninterrupted Supply During Summer
News•Feb 11, 2026

Andhra Pradesh Chief Secretary Directs Power Utilities to Ensure Uninterrupted Supply During Summer

Andhra Pradesh chief secretary K Vijayanand ordered power utilities to guarantee uninterrupted, 24 × 7 electricity during the upcoming summer. He emphasized rapid commissioning of the Polavaram Hydel Power Project, with the first seven 80‑MW units slated for July 2027, delivering 960 MW of clean...

By ET EnergyWorld (The Economic Times)
TotalEnergies Cuts Buybacks as Low Oil, Gas Prices Weigh on Profits
News•Feb 11, 2026

TotalEnergies Cuts Buybacks as Low Oil, Gas Prices Weigh on Profits

TotalEnergies announced a 62% reduction in its Q1 share buyback, lowering the program to $750 million after a fourth‑quarter adjusted net income of $3.8 billion fell 13% year‑on‑year. The cut reflects weaker oil and gas prices that offset a 215% surge in...

By ET EnergyWorld (The Economic Times)
HERC for Modernisation, Efficiency in Power Distribution System
News•Feb 11, 2026

HERC for Modernisation, Efficiency in Power Distribution System

Haryana Electricity Regulatory Commission (HERC) is pushing for modernisation and efficiency in the state’s power distribution network, urging companies to cut AT&C losses and boost consumer satisfaction. At a public hearing, Chairman Nand Lal Sharma highlighted the need for network...

By ET EnergyWorld (The Economic Times)
Will Move Tribunal Against MERC Tariff Order: Expert
News•Feb 11, 2026

Will Move Tribunal Against MERC Tariff Order: Expert

MSEDCL has petitioned the Maharashtra Electricity Regulatory Commission (MERC) to review its multi‑year tariff, prompting a public hearing that drew industry, consumer and expert criticism. Participants warned that the proposed tariff could lift electricity costs by 25‑30%, endangering MSME profitability...

By ET EnergyWorld (The Economic Times)
An FTA No One Is Talking About Can Give India a Strategic Edge
News•Feb 11, 2026

An FTA No One Is Talking About Can Give India a Strategic Edge

The India‑Chile free trade negotiations are moving toward a Comprehensive Economic Partnership Agreement that explicitly includes critical minerals such as lithium, copper, and cobalt. Chile’s abundant reserves could supply India’s “Make in India” and clean‑energy ambitions, while recent moves by...

By ET EnergyWorld (The Economic Times)
Polaris Deploys over 1 Million Smart Metres Under RDSS
News•Feb 11, 2026

Polaris Deploys over 1 Million Smart Metres Under RDSS

Polaris Smart Metering announced the deployment of more than one million smart meters across India under the government’s Revamped Distribution Sector Scheme (RDSS). The rollout enhances billing accuracy, reduces AT&C losses, and provides granular data for grid operators to manage...

By ET EnergyWorld (The Economic Times)
India’s Solar Boom Hits Module Glut, Upstream Gaps Persist: Report
News•Feb 11, 2026

India’s Solar Boom Hits Module Glut, Upstream Gaps Persist: Report

India's solar module capacity has surged to about 144 GW and is projected to reach 180 GW by FY30. However, upstream segments lag, with cell capacity stuck near 23.4 GW, creating a supply‑demand mismatch as installations are expected at only 45‑50 GW annually. The...

By ET EnergyWorld (The Economic Times)
State-Run Parli Thermal Power Station Ordered to Stop Operation of 2 Units over Pollution
News•Feb 11, 2026

State-Run Parli Thermal Power Station Ordered to Stop Operation of 2 Units over Pollution

The Central Pollution Control Board (CPCB) has ordered the immediate shutdown of units 6 and 8 at Maharashtra’s Parli Thermal Power Station after repeated violations. The plant failed to install required online emission monitoring, operated with expired consent, and recorded particulate matter...

By ET EnergyWorld (The Economic Times)
Power Finance Corp and REC Ltd Announce Proposed Merger to Boost Renewable Funding
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)

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