10th Indian Ship Crosses Strait Amid Firing by Iranian Gunboats
Amid sporadic Iranian gunboat fire that forced two Indian‑flagged tankers to turn back, the tenth Indian‑flagged vessel, Desh Garima, successfully crossed the Strait of Hormuz en route to Mumbai. Iran continues to block the strategic waterway, permitting only limited Indian traffic while 17 oil‑carrying ships—including four LPG, three LNG and ten crude carriers—are slated for evacuation. The petroleum ministry reports three Indian‑flagged vessels among those to be moved, and the chemicals ministry added another Indian‑flagged ship under threat. To date, 2,487 seafarers have been evacuated, with 499 Indian crew members still in the region.
Deendayal Port Facilitates LNG Tank Shipment for Bahamas Terminal Project
Deendayal Port Authority in Kandla facilitated the shipment of INOX India Limited's first batch of 1500 m³ cryogenic LNG tanks for a mini‑LNG terminal in the Bahamas. The dispatch includes ten high‑capacity, double‑walled vacuum insulated tanks and a regasification system, marking...
Yogi Government to Supply 34,000 MW Power to Consumers Across UP
Uttar Pradesh’s government, led by Chief Minister Yogi Adityanath, has readied roughly 34,000 MW of electricity to meet the state’s extreme summer demand. All newly built thermal units at sites such as Ghatampur, Khurja, Panki, Obra and Jawaharpur are now operational,...
20% DME-LPG Blend Can Cut Imports by 6.3 MT, Save Around ₹34,200 Cr Yearly: Report
A new EY‑Parthenon and New Era Cleantech report finds that blending 20 percent dimethyl ether (DME) with LPG could slash India’s LPG imports by roughly 6.3 million tonnes each year. The reduction would translate into foreign‑exchange savings of about $4.04 billion (≈₹34,200 crore) annually....
India’s LPG Consumption Drops 12.8% in March as West Asia Turmoil Disrupts Supply
India’s LPG consumption dropped 12.8% in March, falling to 2.379 million tonnes, as West Asia tensions disrupted imports that pass through the Strait of Hormuz. Household demand slipped 8.1% while non‑domestic and bulk usage plunged 48% and 75.5% respectively. The government...
India to Grow 6.8%-7.1% in FY27, Defies Oil Shock Pressures: SBI Report
SBI Research projects India’s GDP to expand between 6.8% and 7.1% in FY27, despite a fresh oil price shock and heightened West Asian tensions. The outlook follows a robust FY26 growth rate of 7.6%, mirroring the country’s resilience during the...
Cabinet Approves ₹24,815 Crore Rail Capacity Projects, to Add 601 Km Across UP, Andhra Pradesh
The Cabinet Committee on Economic Affairs approved two multitracking railway projects worth ₹24,815 crore (approximately $3 billion), adding about 601 km of third and fourth lines across Uttar Pradesh and Andhra Pradesh. The upgrades cover the 403 km Ghaziabad‑Sitapur corridor, currently operating at 168% capacity, and...
Greek, Indian Tankers U-Turn Before Hormuz Amid Reopening Doubt
Several Greek and Indian crude tankers reversed course in the Persian Gulf on Saturday after Iran sent mixed messages about the Strait of Hormuz’s openness. The six vessels, holding roughly 8.3 million barrels of non‑Iranian crude, were heading toward the strait...
LNG Ships Move Toward Hormuz After Iran Says Strait Is Open
Iran announced the Strait of Hormuz is open for commercial shipping, prompting several LNG tankers to approach the waterway. Two empty Abu Dhabi‑owned vessels and three Qatari‑laden ships were spotted near the eastern side of Hormuz, potentially marking the first...
Assam LPG, Fuel Supply Fully Stable, Adequate Stocks Available: IndianOil AOD
IndianOil’s Assam Operations and Distribution (AOD) division reports that LPG, petrol and diesel supplies are fully stable across the state, with adequate stocks covering 21 days of petrol and 46 days of diesel demand. Around 9.3 million consumers are served by...
Vedanta Resources Seeks $200 Million Loan Top-Up After $350 Million Deal Earlier This Year
Vedanta Resources, the UK holding company for Mumbai‑listed Vedanta Ltd, is seeking to augment its existing $350 million club loan with an additional $200 million. The new tranche would carry an all‑in price of SOFR + 440 bps, a four‑year tenor and an average life...
RBI Asks State Oil Refiners to Curb Spot Dollar Buying, Sources Say
The Reserve Bank of India has asked state‑run oil refiners—Indian Oil Corp, Hindustan Petroleum Corp and Bharat Petroleum Corp—to curb spot‑dollar purchases and instead draw on a special credit line administered by the State Bank of India. The move revives...
India’s Oil and Gas Crisis Is a Wake-Up Call for Transport Electrification
India’s oil and gas supply shock from the West Asia conflict highlighted the nation’s heavy reliance on imports and accelerated its push for transport electrification. The government responded by diversifying crude sources to 40 countries, boosting LPG output and rationing...
MP CM Yadav Reviews Renewable Energy Schemes, Stresses Affordable Power to Farmers
Madhya Pradesh Chief Minister Mohan Yadav reviewed renewable‑energy programmes, pledging affordable electricity for farmers and setting a goal to equip over 200,000 farms with solar pumps by the end of the fiscal year. He urged farmers to become self‑reliant energy...
Solar Rooftop Works to Be Accelerated Across Andhra Under PM Surya Ghar Scheme
Andhra Pradesh is speeding up rooftop solar installations under the PM Surya Ghar Muft Bijli Yojana, using a Utility‑Led Aggregation (ULA) model for Scheduled Caste (SC) and Scheduled Tribe (ST) households. To date, 20,636 SC/ST homes have received solar systems,...
Kerala Power Consumption Breaks Records Amid Heatwave
Kerala recorded its highest-ever electricity consumption on April 14, with 112.52 million units consumed as a heatwave pushed temperatures up to 40 °C in parts of the state. Peak demand hit 6,012 MW, a record for the state. The surge was driven by...
Daytime Power Supply Now Reaches Farmers in 24 Districts, Says Rajasthan CM
Rajasthan Chief Minister Bhajanlal Sharma announced that daytime electricity is now reaching farmers in 24 districts, with a goal to achieve full daytime power supply across the state by 2027. The announcement came after a review meeting of the energy...
China Asks Iran to Ensure Freedom of Navigation Through Strait of Hormuz
China’s foreign minister Wang Yi urged Iran to guarantee free and safe navigation through the Strait of Hormuz during a call with Iranian counterpart Abbas Araghchi. The request coincides with a Pakistan‑led mediation team arriving in Tehran to revive U.S.–Iran peace talks....
Power Equipment Startup Ayr Energy in Talks to Raise $25-30 Million: Sources
U.S.-based power‑equipment startup Ayr Energy is negotiating a $25‑30 million raise with Energy Impact Partners, which would value the company at roughly $200 million. The firm, founded by former Zetwerk and Ather executives, emerged from stealth in September 2025 with a $250 million...
CleanMax to Supply 50 MW Hybrid Renewable Power to Sangam India in Rajasthan
CleanMax Enviro Energy Solutions Ltd announced a partnership with Sangam India Ltd to supply 50 MW of hybrid renewable power in Rajasthan. The project combines 30 MW of solar, 20 MW of wind and a 2 MWh battery storage system, feeding five textile facilities...
ANDRITZ Wins Equipment Order for India’s Largest 3,000 MW Pumped Storage Project in Maharashtra
Technology firm ANDRITZ announced it has won a contract to supply ten pump turbines, motor‑generators and related electromechanical equipment for Torrent Power’s Saidongar‑1 Karjat pumped‑storage project in Maharashtra. The deal, valued at roughly €200 million (about $215 million), will be fulfilled in...
Google Brings Personal Intelligence to Gemini Users in India, Four Months After Beta Launch in US
Google has extended its Personal Intelligence feature for Gemini to users in India, following a four‑month beta in the United States. The upgrade lets Gemini draw on data from Gmail, Photos, YouTube and Search to deliver context‑aware answers across web,...
Wall Street Monitors Private Credit Risk as AI Disruption, Outflows Cause Concern
Wall Street banks are actively stress‑testing their private‑credit holdings but say exposure remains manageable. Three of the six largest U.S. lenders disclosed roughly $108 billion in private‑credit financing, while JPMorgan, Citigroup and Wells Fargo each reported comfortable portfolio positions. The asset class,...
Enterprises Must Embed AI-Led Security, Resilience and Trust, as Cyber Strategies for 2026: KPMG
KPMG’s 2026 cybersecurity report calls on enterprises to treat security as a core business driver, integrating AI, geopolitics and regulation into every layer of their architecture. It stresses adaptive data governance, autonomous Security Operations Centers with human‑in‑the‑loop oversight, and centralized...
Adani Energy Commissions 1,000 MW Power Link in Mumbai
Adani Energy Solutions Limited commissioned a 1,000 MW high‑voltage direct current (HVDC) transmission link between Kudus and Aarey in Mumbai. The line comprises a 30 km overhead segment and a 50 km underground corridor and includes the world’s first compact HVDC substation built...
Aatmanirbhar 2.0: India Building Inner Strength to Get over Supply Chain Pain
India has unveiled Aatmanirbhar 2.0, a refreshed self‑reliance drive aimed at insulating critical supply chains and bolstering energy security amid the West Asia conflict. Prime Minister Narendra Modi ordered ministries to draft short‑ and long‑term sector plans that cut import dependence...
Coal Case: Delhi Court Grants 10-Day ED Custody of I-PAC Director Vinesh Chandel
A Delhi court ordered the Enforcement Directorate to keep Indian PAC Consulting director Vinesh Chandel in custody for ten days as part of a money‑laundering probe tied to an alleged coal‑pilferage scheme. Chandel, a 33% shareholder, was arrested under the Prevention...
Rajasthan CM Reviews Preparations at HPCL’s Pachpadra Refinery Ahead of PM Visit
Rajasthan Chief Minister Bhajan Lal Sharma inspected Hindustan Petroleum Corporation Ltd’s integrated refinery‑cum‑petrochemical complex at Pachpadra ahead of Prime Minister Narendra Modi’s scheduled inauguration on April 21. The CM reviewed the crude distillation unit, control room, and public‑meeting venue, emphasizing timely completion of security,...
Railways, Bharat Petroleum Ink Pact to Develop Gati Shakti Cargo Terminal in Jammu
Indian Railways and Bharat Petroleum Corporation Limited have signed an agreement to build a Gati Shakti multi‑modal cargo terminal near Jammu. The facility at Bajalta will feature 109,225 kilolitres of storage and handle two rail rakes per day, delivering roughly 162,000 metric tonnes...
Jakson Expands Energy Solutions Portfolio with BESS, Solar Kits; Enters E3W Segment
Jakson Group announced a five‑product expansion of its energy solutions portfolio, adding a compact Genset Xtra, a Battery Energy Storage System (BESS), a rooftop Solar Kit, a Mobile Light Tower, and electric three‑wheelers through a new partnership. The launch is...
Coal Stock Adequate for 90 Days Available: Union Coal Minister Kishan Reddy
India’s coal reserves have risen to over 200 million tonnes, enough to power the nation for about 90 days. This marks a jump from the previous 21‑25‑day buffer and follows a second consecutive year of hitting 1 billion tonnes of coal production....
Gadkari Sees Farmers as Future Energy Providers to Reduce Import Dependence
Union Minister Nitin Gadkari told farmers at the Unnat Krishi Mahotsav that they should expand beyond food production to become suppliers of bioenergy, ethanol, compressed natural gas and hydrogen. He highlighted the untapped revenue from agricultural residues and stressed the...
MCG Partners for 25 Battery Swapping Stations to Boost EV Adoption and Reduce Air Pollution
Madhya Pradesh Capital Region (MCG) has signed an MoU with a private agency to build 25 battery‑swapping stations across the city, covering sectors, markets and community hubs. The stations will support two‑wheelers, auto‑rickshaws, cars and heavy vehicles, while MCG supplies...
Chandrapur Plant Ready to Handle Power Demand Spike
The Chandrapur Super Thermal Power Station, which provides roughly a quarter of Maharashtra’s electricity, has stocked about 5 million metric tonnes of coal to handle the summer demand surge. Chief engineer Anil Kathoye confirmed that units 1 and 2 are already decommissioned and...
Haryana Power Minister Anil Vij Sets Strict Limits on Power Outages, Promises Action
Haryana’s Power Minister Anil Vij ordered distribution companies to limit urban outages to two hours and rural outages to four hours, threatening suspension of superintending engineers for non‑compliance. He cited poor maintenance and faulty equipment as root causes and mandated rapid...
Powering Progress: First Coal Rake From Gare-Palma Reaches Nagpur, Securing Maharashtra's Energy Future
The first coal rake from the Gare‑Palma Sector 2 mine arrived at Maharashtra’s Koradi Thermal Power Station, concluding an eight‑year effort to operationalise a captive mine allocated to MAHAGENCO by the central government. The high‑grade coal, with a Gross Calorific Value...
Iran Denies Claims that US Vessels Entered Strait of Hormuz
Iran’s military command rejected U.S. claims that two destroyers sailed through the Strait of Hormuz, insisting that any vessel must obtain Iranian approval and saying a U.S. ship was forced to turn back. The U.S. Navy maintained the ships transited...
Two Supertankers Including Pakistan-Flagged Ship Take a U-Turn at Hormuz as US-Iran Talks Collapse
Two empty supertankers—Agios Fanourios I and Pakistan‑flagged Shalamar—aborted their passage through the Strait of Hormuz just as US‑Iran peace talks in Pakistan collapsed. A third VLCC, Mombasa B, successfully transited the Iran‑approved channel but did not disclose its destination. The U‑turns...
CM Yogi Adityanath Invites Danish Firms to Invest in Defence, Renewable Energy
Uttar Pradesh Chief Minister Yogi Adityanath met Denmark’s ambassador Rasmus Abildgaard Kristensen to court Danish investment in the state’s defence corridor, renewable‑energy projects and water‑management initiatives. The CM highlighted UP’s rapid economic growth, streamlined approvals, robust law‑and‑order and modern infrastructure as incentives...
West Asia Crisis: Maharashtra Govt Directs Setting up of 24/7 Helplines to Expand PNG Coverage
The Maharashtra government has issued a resolution directing city‑gas distributors to launch 24‑hour helplines and expand ward‑level centres for piped natural gas (PNG) applications. The move responds to West Asia‑driven disruptions that have tightened LPG supplies across India. By broadening...
India-Flagged LPG Tanker Jag Vikram Crosses Strait of Hormuz After US-Iran Ceasefire
India‑flagged LPG tanker Jag Vikram became the first Indian vessel to cross the Strait of Hormuz after the United States and Iran announced a two‑week ceasefire. The carrier, owned by Great Eastern Shipping, moved roughly 20,000 tonnes of LPG from the Gulf...
Renewable Surge Fuels Multi-Year Boom to India's Power Equipment Industry: Report
JP Morgan’s latest report flags a multi‑year upcycle for India’s power‑equipment sector, driven by the country’s aggressive renewable‑energy targets and a surge in transmission spending. Annual transmission capex is projected at $8‑9 billion, while the emerging HVDC market could generate $14‑15 billion in...
Power Companies Approach HERC Seeking Relaxation in Rules
Haryana’s two major power distributors, UHBVN and DHBVN, have filed petitions with the Haryana Electricity Regulatory Commission to amend Regulation 68 of the 2024 Multi‑Year Tariff rules for FY 2025‑26. They propose deferring the monthly Fuel and Power Purchase Adjustment Surcharge and...
UP LPG Distributors Association Introduces 5 Kg Small LPG Cylinders for Labourers
The Ghaziabad LPG Distributors Association has begun distributing 5 kg LPG cylinders to address the cooking‑fuel needs of daily‑wage laborers, small families and temporary residents. Eighty‑five gas agencies in the district each received a quota of 50 cylinders, launching a rollout...
Foreign Secretary Misri Discusses Civil Nuclear Cooperation, LPG Trade During US Visit
India’s Foreign Secretary Vikram Misri wrapped a three‑day U.S. visit with high‑level talks alongside Energy Secretary Chris Wright, focusing on civil nuclear cooperation, coal gasification and LPG exports. The United States signaled readiness to deepen nuclear collaboration, a shift enabled...
Power Demand Likely to See over 6% Growth in FY27 on El Nino Impact: Crisil Report
Crisil Intelligence forecasts Indian power demand to expand 5.5‑6.5% year‑on‑year in FY27, reaching 1,815‑1,825 billion units. The surge is attributed to El Nino‑driven temperature rises that will lift cooling loads, alongside steady economic growth and a low demand base. In FY26, overall...
Mahatransco Commissions Babhaleshwar-Kudus 400 kV Transmission Line to Boost Power Supply in Mumbai Metropolitan Region
Mahatransco has commissioned the 400 kV Babhaleshwar‑Kudus double‑circuit transmission line, spanning roughly 228 km and comprising 715 towers. The line adds up to 3,000 MW of transfer capacity, improves voltage stability and cuts transmission losses by about 5 MW across Mumbai, Thane, Palghar and...
Odisha CM Inaugurates 3 Grid Substations Built at ₹600 Crore in Bhubaneswar
Odisha Chief Minister Mohan Charan Majhi inaugurated three new grid substations and eight transmission lines in Bhubaneswar‑Cuttack, a project costing roughly $72 million (₹600 crore). The facilities are expected to deliver uninterrupted, high‑quality power to about 2.2 million consumers and support the region’s projected demand...
Karnataka Minister Urges Centre to Address Auto Gas Supply Issue at Earliest
Karnataka’s food and civil supplies minister K H Muniyappa has pressed the central government to resolve a severe auto‑LPG shortage that is crippling thousands of taxi drivers. Around 300,000 autos in the state, including 160,000 in Bengaluru, rely on LPG, but daily...
Fuel Supplies Stable, No Need for Panic Amid West Asia Tensions: Jio-Bp MD
Jio‑bp Managing Director Akshay Wadhwa said India’s fuel supplies remain stable despite the West Asia geopolitical flare‑up, and there is no need for panic buying. The company has not imposed any caps on petrol or diesel sales and has kept...