Energy

In a strategic step toward India’s decarbonization goals, Desco and KPI Green Energy have announced a partnership to explore and implement hydrogen-natural gas blending projects. The collaboration aims to enhance the sustainability of the natural gas supply chain by integrating green hydrogen into existing infrastructure. This initiative aligns with India’s National Green Hydrogen Mission and the government’s broader objective of achieving net-zero emissions by 2070.

NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, has commenced commercial operations for a 12.5 MW solar power capacity at its Bhuj project in Gujarat. This addition brings NGEL's total installed and commercial capacity to 7,419.975 MW, contributing to NTPC Group's overall capacity of 83,906 MW. The Bhuj solar project, part of a 37.5 MW initiative, is developed by Ayana Renewable Power Four Private Limited, a subsidiary of ONGC NTPC Green Private Limited.

Oil India Limited (OIL) has announced the discovery of significant natural gas reserves in the Andaman offshore region, marking a strategic milestone in India’s pursuit of energy self-reliance. Preliminary assessments indicate that the field holds commercially viable gas quantities, which could strengthen domestic energy supply and reduce dependency on imports. The discovery underscores the potential of India’s unexplored offshore basins and highlights the role of advanced exploration technologies in unlocking hydrocarbon resources.

In a landmark development for India’s energy infrastructure, the Government of Andhra Pradesh has approved the allotment of 6,000 acres of land to Bharat Petroleum Corporation Ltd (BPCL) for setting up a greenfield refinery and petrochemical complex near Ramayapatnam Port in Nellore district. The ambitious project, estimated at ₹96,862 crore, will have a refining capacity of 9–12 million metric tonnes per annum (MMTPA). The state has also extended significant fiscal incentives, including a capital reimbursement of up to 75% over two decades.

Waaree Renewable Energy Ltd reported a strong performance in the September 2025 quarter, with net profit doubling to Rs 116 crore from Rs 58 crore in the same period last year. This surge was driven by robust operational performance, higher solar project execution, and improved efficiencies across the company’s renewable energy portfolio. Consolidated revenue from operations reached Rs 890 crore, up 48% year-on-year, reflecting strong demand in both domestic and international markets. Earnings per share (EPS) increased to Rs 9.20, compared to Rs 4.60 in Q2 FY25.

In a significant boost to India’s renewable energy ambitions, Saatvik Green Energy Pvt. Ltd. has unveiled plans to invest Rs. 3,150 crore in establishing a state-of-the-art solar module and cell manufacturing facility in Odisha. The project underscores India’s growing commitment to domestic solar production under the Make in India initiative and aligns with the government’s broader goal of achieving 500 GW of renewable capacity by 2030.

Renewable energy company Saatvik Green Energy has reported a significant rise in profit for the quarter ended June 2025, buoyed by higher solar module sales, capacity expansion, and growing demand for clean energy solutions. The company’s robust quarterly performance reflects India’s accelerating shift toward sustainable power generation and the increasing appetite for domestically manufactured solar components.

India’s coal exports surged 23% in FY25, reflecting robust global demand and strategic market positioning. Strong performance in key overseas markets, coupled with competitive pricing and supply chain efficiency, contributed to increased shipments. The rise in exports not only boosts foreign exchange earnings but also enhances India’s role as a reliable supplier in the global energy sector. Analysts note that this growth comes amid global energy market volatility, underlining India’s ability to capitalize on demand shifts while strengthening trade partnerships.

Juniper and Tata Power have partnered to develop a 70 MW renewable energy project, reflecting India’s ongoing commitment to clean energy expansion and sustainable development. The initiative will deploy advanced solar and wind technologies to generate reliable, low-carbon electricity, supporting industrial and commercial energy demand. By leveraging Juniper’s technological expertise and Tata Power’s operational experience, the project aims to enhance efficiency, reduce emissions, and contribute to the nation’s renewable energy targets.

Oil and Natural Gas Corporation (ONGC) has announced a significant investment of Rs 8,110 crore to develop and operate onshore oil wells in Andhra Pradesh, marking a major expansion in India’s domestic energy exploration. The investment aims to boost crude oil production, enhance energy security, and leverage underexplored hydrocarbon reserves in the region. This initiative underscores ONGC’s strategic focus on increasing domestic output, reducing import dependence, and contributing to India’s long-term energy self-sufficiency.