India Energy Policy News - Latest Updates & Headlines
Historic Day Hardeep Singh Puri lauds clearing of Oilfields (Regulation and Development) Amendment Bill 2024 in LS
New Delhi, March 12: In a major development in Parliament, the Lok Sabha passed the Oilfields (Regulation and Development) Amendment Bill 2024 on Wednesday.
India saves $5.43 billion forex as coal imports dip due to rising local production
New Delhi, March 11: Coal imports to the country during April-December period of the current financial year declined by 8.4 per cent to 183.42 million tonnes (MT) -- from 200.19 MT in the same period of previous financial year due to the increase in domestic production, according to an official statement issued on Tuesday.
Private sector participation, public engagement key towards India's nuclear energy goals: Minister
New Delhi, March 4: Achieving 100 GW of nuclear power by 2047 will require a focused and determined approach, adding around 4 GW annually from now onwards, Union Minister of State (Independent Charge) for Science and Technology, Dr Jitendra Singh, said on Tuesday.
30 coal blocks to be put for auction in the 12th round, says G Kishan Reddy
Mumbai, Feb 28: Union Minister of Coal and Mines G. Kishan Reddy on Friday said the coal sector plays a crucial role in India's energy future while emphasising the need to focus on green coal technologies and collaborative effort especially from the private sector to reduce imports and increase domestic coal.
Assam remains key player in India's energy sector: CM Himanta Biswa Sarma
Guwahati,, February 26: Chief Minister Himanta Biswa Sarma on Wednesday said that Assam remains a key player in India's energy sector and is witnessing significant infrastructural advancements.
India's crude oil consumption set to reach 6.5-7 million barrels a day in short to medium term, says Hardeep Singh Puri
Guwahati, February 26: India's crude oil consumption will touch the mark of six and a half to seven barrels a day in short to medium term, said Hardeep Singh Puri, Union Minister for Petroleum and Natural Gas, on Wednesday.
India may miss 500 GW renewable target without 20% annual funding boost: Report
New Delhi February 25: India may fail to achieve its 2030 ambitious target of 500 GW renewable energy if annual financing does not grow by 20 per cent annually, according to a new report by UK-based energy think-tank Ember.
Mobilising Finance is Key to Achieving 500 GW Renewable Energy by 2030: Pralhad Joshi
Mumbai, February 24: Union Minister for New and Renewable Energy Pralhad Joshi on Monday said mobilising finance is the key to achieving India's target of 500 GW renewable energy by 2030.
India will need Rs 30 lakh crore to achieve 500GW of RE by 2030: Pralhad Joshi
Mumbai, Feb 24: India will need Rs 30 lakh crore (Rs 5 to 6 lakh crore annually) to achieve 500 GW of non fuel based energy (Renewable Energy) by 2030. This will be raised through multiple sources including public sector banks, financial institutions, international credit, equity funding, debt funding, corporate bonds and pension funds.
As India achieves 100 GW solar power capacity, PM Modi's throwback speech gains attention
New Delhi, Feb 10: As India achieves a historic milestone of surpassing 100 GW of solar power capacity, reinforcing its position as a global leader in renewable energy, an old speech of Prime Minister Narendra Modi from 2006 has found traction on the social media, where he is advocating about harnessing the solar energy for meeting the country's requirements.
India importing crude from 40 countries; Argentina is new supplier: Hardeep Puri
New Delhi, February 10: Petroleum minister Hardeep Puri on Monday said that India is open to importing crude oil from all possible sources to meets its demand.
Ethanol price revision by govt suggests a potential reshaping of India's ethanol Industry: Report
New Delhi, January 30: Governments decision of Wednesday to raise prices of ethanol produced from only C-Heavy Molasses (CHM) suggests a potential reshaping of India's ethanol industry says a report by Systematix Institutional Equities.
Fresh US sanctions on Russia to have little impact on India; prices to remain settled at 75-85 USD: IOC Chairman
Davos, January 23: The American sanctions on Russia and threats of further punitive actions by the new Trump administration will have "limited effect" on India, said Indian Oil Chairman Arvinder Singh Sahney. He backed his argument stating that India has multiple sources to meet its energy needs.
India will have to spend USD 10 trillion on green investments to drive energy efficiency: Crisil Report
New Delhi, January 16: India will need to invest a staggering USD 10 trillion in green technologies and energy efficiency initiatives by 2070, according to a new report by Crisil.
Coal imports drop by 3.1 per cent during April-October 2024 amid push for self-sufficiency
New Delhi, January 14: India's coal imports witnessed a notable decline of 3.1 per cent during the first seven months of FY 2024-25 (April-October), as the country continues its efforts to reduce reliance on external supplies and bolster domestic production.
Union Minister Hardeep Puri highlights vision for future energy at OIDB's golden jubilee celebration
New Delhi, January 13: Union Minister of Petroleum and Natural Gas, Hardeep Singh Puri on Monday commended the Oil Industry Development Board's (OIDB) significant contributions to India's oil and gas industry at its Golden Jubilee celebrations in New Delhi.