Latest energy News & Updates

New Delhi, April 24 (IANS) The Ministry of Statistics and Programme Implementation (MoSPI) on Friday said that it has strengthened oversight of large-scale infrastructure development through its PAIMANA platform, which is currently tracking 1,941 central sector projects worth Rs 41.50 lakh crore as of March. The government said the digital monitoring system is enhancing transparency, enabling timely reviews, and supporting data-driven decision-making across ministries.According to the latest upd…

New Delhi, April 24 (IANS) Europe is losing its strategic autonomy as it is getting increasingly dependent on Chinese factories for goods, even for the Green Transition in energy that it is aiming for, according to an article.The article in Brussels Signal highlights that China now controls 80 per cent of the world’s solar panels, 75 per cent of the batteries, and 70 per cent of the electric vehicles, which represents “a total monopoly on the energy and mobility of the next generation”.”This i…

Hanoi, April 23 (IANS) South Korea’s President Lee Jae Myung and Vietnam’s top leader To Lam agreed to advance cooperation in energy and infrastructure during summit talks, including Vietnam’s possible revival of its nuclear power programme, Seoul’s top security official said on Thursday.In Wednesday’s talks, Lam, who serves as general secretary of the Communist Party, “welcomed” Korean companies’ participation in Vietnam’s energy transition, including the potential construction of a nuclear pow…

Moscow, April 23 (IANS) Russia is ready to cooperate with all interested countries in the Arctic, Russian President Vladimir Putin said on Thursday. Chairing a meeting with government members focused on the development of the Arctic zone, internet outages and a few government services, Putin noted that, “We are ready for cooperation, not just competition or confrontation, but cooperation with all interested countries. We will certainly protect and, of course, defend our national interests in the…

Washington, April 23 (IANS) The India–US relationship is undergoing strain but remains fundamentally strong, shaped by shared strategic interests and long-term convergence, former US Ambassador to India Kenneth Juster told the think tank community here.Speaking at the Hudson Institute’s “New India Conference”, Juster traced the evolution of India’s foreign policy and its growing alignment with Washington, particularly in response to China’s rise.“India remains committed to the prin…

Mumbai, April 22 (IANS) In an important decision aimed at achieving a “$1 trillion Economy” for the state, the Maharashtra government on Wednesday sanctioned a comprehensive financial and institutional overhaul of the Maharashtra State Electricity Distribution Company Limited (Mahavitaran). The government resolution (GR) issued by the Department of Industry, Energy, Labour, and Mining, marks a significant shift in the state’s power distribution landscape.To strengthen Mahavitaran’s balance sheet…

New Delhi, April 22 (IANS) The government will hold an Open House in the national capital on April 27 to discuss issues related to import of steel amid the global tensions.The Ministry of Steel said that companies and associations may present their issues related to above subjects in the Open House. “The Open House will be conducted from 11:00 am to 5:00 pm and specific time slots will be indicated via e-mail. Walk-ins will not be possible due to logistic challenges and only one representative…

Abu Dhabi, April 17 (IANS) The Indian diaspora in the Gulf emerged as a quiet but powerful force during the recent turbulence in West Asia amid uncertainties across energy markets, logistics networks, and expatriate communities. Often measured in economic terms through remittances and labour statistics, the Indian community demonstrated a far deeper reality defined by resilience, solidarity, and an ability to stabilise both host societies and fellow migrants in crisis situations, a report detail…

Mumbai, April 17 (IANS) Domestic equity benchmarks opened on a flat note on Friday, but gained afterwards, after relief in global oil prices and US President Donald Trump’s ceasefire announcement between Israel and Lebanon.Sensex opened at 77,976, down 12 points, or 0.02 per cent, while Nifty began the session up 30 points, or 0.13 per cent, at 24,165.The indices traded mildly positive further, with the 30-scrip basket gaining 142 points or 0.18 per cent to 78,130 and the 50-share index adding 2…

Washington, April 16 (IANS) The US on Thursday called on allies to do more to secure critical maritime routes in the Gulf, saying Washington cannot be expected to shoulder the burden alone amid escalating tensions with Iran. Defence Secretary Pete Hegseth said while some regional partners had supported US efforts, many countries had failed to act when needed.”Other allies have talked a lot and haven’t done anything,” he added, referring to the response during recent hostilities.Hegseth was speak…