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India concerned about crude oil supply disruptions in Strait of Hormuz as prices surge after Israel's attacks on Iran

New Delhi, June 13 -- Indian policymakers are concerned about likely crude oil supply disruptions in the Strait of Hormuz - a key supply route for West Asian oil for the world's third-largest buyer - ... Read More


Top power authority mulls sops for critical components as China curbs rare earth supply

New Delhi, June 13 -- The Central Electricity Authority (CEA) has prepared a draft list of critical components, including permanent magnets, voltage transformers and super capacitors, that will requir... Read More


Power ministry announces additional Rs.5,400 cr VGF for 30 GWh battery energy storage

New Delhi, June 10 -- Union minister for power Manohar Lal on Tuesday said the government will roll out an additional viability gap funding (VGF) worth Rs.5,400 crore for setting up 30 GWh of battery ... Read More


NTPC ties up with SEforALL for energy transition roadmap

New Delhi, June 9 -- The state-run National Thermal Power Corporation (NTPC) Ltd has signed an agreement with Sustainable Energy for All (SEforALL) to develop its energy transition roadmap. A joint s... Read More


India should offer incentives to encourage local manufacturing of critical battery components, says CEA

New Delhi, June 9 -- The Central Electricity Authority (CEA) has recommended offering incentives to encourage the local manufacture of critical battery components including battery management systems,... Read More


State-run refiners plan green hydrogen projects worth Rs.2 trillion

New Delhi, June 6 -- Union minister for petroleum and natural gas, Hardeep Singh Puri, on Friday said state-run oil refiners have floated tenders for 42 kilotonne per annum of green hydrogen capacity,... Read More


India plans critical mineral recycling scheme amid China supply worries

New Delhi, June 6 -- Amid concerns of rare earth magnet supplies from China, the Union ministry of mines is finalizing an incentive scheme for recycling critical minerals that are used in their manufa... Read More


Torrent Power signs LNG supply pact with BP Singapore

New Delhi, June 2 -- Gujarat-based Torrent Power Ltd (TPL) has signed a long-term sale and purchase agreement with BP Singapore Pte. Ltd, a subsidiary of global energy major bp, for the supply of up t... Read More


Another PLI scheme hits the Chinese wall, as India now mulls extension for projects under solar module incentive scheme

New Delhi, June 2 -- New Delhi: The government is considering extending the deadline for completion of projects under the Production Linked Incentive (PLI) scheme for solar modules and their parts, sa... Read More


Oil prices likely to stay around $65/bbl, says petroleum minister Puri

New Delhi, May 30 -- Minister for petroleum and natural gas Hardeep Singh Puri on Friday said that crude oil prices are likely to stay near $65 per barrel due to the ample supply of oil in the global ... Read More