Energy Security

India’s oil marketing companies on May 9 urged consumers against panic buying, assuring of sufficient fuel stocks to meet country’s energy demand.

India’s energy import strategy depends on discounts on offer, says Oil Minister Hardeep Puri

The global energy market is witnessing a major shift, with Russia diverting oil towards the Asian market, and the US deciding to pump more oil and gas.

India to court private partners to power its nuclear plans with small reactors: FM

India has an installed capacity of 7.48 GWe (gigawatts of electricity) which is slated to increase to 13.08 GWe by 2029, with the addition of 7 more reactors

FM Sitharaman announces energy security as one of the nine priorities in Budget 2024

The government would bring out a policy document on appropriate energy transition pathways that balances the imperatives of employment, growth and environmental sustainability.

Household Consumption Survey: It says a lot about energy security, sustainability

While the energy transition discourse is dominated by macro-economic transition questions such as phasing down of coal and ramping up of renewable energy generation, it is equally important to understand and analyse the transition implications and impacts at the household level. In this piece, the energy transition question is studied by analysing the changing expenditure pattern and structure on both energy and non-energy related commodities and services at the household level, based on the recently published household consumption expenditure survey HCES 2022-23

India's $10 trillion run – the first milestone on the developed economy road

India is hoping to become a developed country by 2047. While that finish line is almost a quarter of a century away, there are milestones to be crossed along the way. And if these milestones, such as increasing the GDP to $10 trillion, are reached, the eventual objective may not be as distant as it looks.

MC Explains: India’s guidelines on cyber security in the power sector

The latest version of the Grid Code mandates regular cybersecurity audits by all users. This is yet another step by agencies such as the Central Electricity Authority (CEA) and Central Electricity Regulatory Commission (CERC) to help prevent cyberattacks in the power sector.

G20 Summit: War, food and energy security key sticking points ahead of leaders' meet

G20 New Delhi Summit: Language surrounding the description of the conflict between Russia and Ukraine is set to be the biggest hurdle between the G20 and a joint statement. However, India has been keen to make progress on other fronts

Indian Oil aims to increase its share in India’s energy pie to 12.5% by 2050: Chairman

Chairman Shrikant Vaidya has said Indian Oil is committed to achieving net-zero operational emissions by 2046, aiming to mitigate both Scope 1 &2 emissions, with an investment plan of $30 billion

All tenders for Dibang hydropower project to be awarded by December: NHPC Ltd

Delayed for years over environmental and geological concerns, NHPC is finally all set to start work on the Dibang hydel project and commission the Subansiri and Parbati -II hydel projects by 2024. The three projects will augment India’s hydel power capacity by 5,680 MW (5.68 GW).

Exclusive: Accountability of State Electricity Regulatory Commissions a challenge: Power Secretary

SERCs are expected to follow the norms of the tariff policy as mandated under the Electricity Act, so as to ensure that discoms remain financially viable. But most of the states have ignored this.

Govt aims to increase gas share in energy mix to 15% by 2030: Hardeep Puri

Presently India imports around 50 percent of its requirement of natural gas. "Speedy expansion of compressed biogas will help in meeting our additional requirement from domestic resources," Puri said.

G7 pledges to quit fossil fuels faster, but no new deadline

The language reflects the depth of disagreements among the allies on the balance between climate action and energy security, with host Japan leading a pushback against the most ambitious proposals discussed.

Strategic reserves, long-term import pacts key to ramp up energy security: Oil Minister

Out of the Rs 35,000 crore allocated for his ministry in the Union Budget, Rs 5,000 crore has been earmarked to augment the strategic petroleum reserve, Hardeep Singh Puri said

MC Explains | What is IEW 2023? India’s first major event under G20 presidency

The event is focused on the country’s goal of energy transition and energy security, and achieving net-zero emissions goals by 2070.

India front-runner in fighting climate change, says Hardeep Puri

The country is willing to innovate to keep its pledge of protecting the environment while simultaneously addressing the growing demand for energy, the minister said at Auto Expo 2023

India will contribute to 25% of global energy demand by 2040: Hardeep Singh Puri

The Union Minister of Petroleum and Natural Gas also reiterated the government’s plan to achieve 20 percent ethanol blending in petrol by 2025

Green Hydrogen Mission | Sustainable financing gap of $152 billion needs to be addressed: Experts

To produce 5 MMT of green hydrogen annually, India would need 50 billion litres of deionised water and 150 billion litres of raw water. It would also require 5 lakh acres of renewable energy land

MC Explains: What is National Green Hydrogen Mission and what is India’s policy?

While the first financial commitment towards green hydrogen has only just been announced and details of the policy are yet to emerge, companies are already making plans for it.

Rajasthan block to get major share of Cairn Oil & Gas $5 billion investment by FY26: Deputy CEO

The Rajasthan block, which has had 38 discoveries so far, has an exploration potential resource of 1.3 billion barrels of oil equivalent

Energy crisis makes 'dirtiest fuel' the dearest shelter ahead of green summit

India has committed to go net-zero by 2070. But as a country that still derives the majority of its electricity from coal, it has been clear that while renewable energy capacity growth will be high, coal based plants will still play an important role

Ethanol blending in fuel crucial for energy security: Minister

Rameswar Teli said exploration for oil and natural gas would start soon in Meghalaya and other states of the Northeast, adding that the Union government was focusing on it with an aim to make India a self-reliant country in energy requirements.

Will continue to do what is best in interest of own energy security: India

Prime Minister Modi in both his interventions at the G7 sessions made India's position very clear on the Russia-Ukraine situation, calling for an immediate or as early as a possible end to the hostilities and advocating the path of dialogue and diplomacy to resolve the situation, Foreign Secretary Vinay Mohan Kwatra said at a media briefing.

Commodity prices will see more upside, it's high time India prioritizes energy security: Anil Agarwal 

India is facing a severe coal shortage that has tripped some power generation units and forced states to cut power supply. For oil and gas too the country is highly dependent on imports making it vulnerable to global commodity price and supply risks.

Iran’s Presidential election has set the stage for high-stakes talks with the US, but the path forward remains fraught

For Tehran and Washington to arrive at acceptable terms, they will have to come to a shared understanding on the influence and role of Iran in the region—one that states like Israel and Saudi Arabia can also live with.