The Strait of Hormuz has seen a sharp decline in vessel traffic following the escalation of the West Asia conflict, disrupting the movement of oil, LNG and other commodities. The waterway previously handled nearly 20% of global oil and LNG exports, making the prolonged disruption a major concern for global energy security.
Power Grid Corporation of India has emerged as the successful bidder for an Inter-State Transmission System project in Gujarat under Tariff Based Competitive Bidding. The project will facilitate the evacuation of renewable power from the 5,500 MW Jam Khambhaliya REZ Phase II and 1,000 MW Jamnagar Phase-I projects.
KP Group has signed a Non-Binding Letter of Intent with Saudi Arabia-based Raz Holding Group for a proposed strategic investment and/or collaboration with KP Group or one or more of its operating entities.
A key Iranian parliamentary committee has reportedly approved proposed transit fees for vessels passing through the Strait of Hormuz, along with restrictions on certain ships and countries.
GAIL India has appointed Rupa Saikia as an independent director on its board. Saikia brings more than 14 years of professional experience in education and human resource management.
The manufacturers have adopted larger G12R N-type TOPCon cells, with changes in cell dimensions, busbar configurations, wattage and efficiency under the revised ALMM-II.
The PESB panel has recommended Chacko Mazhuvanchery Jose for the post of Director (Refineries) at BPCL. He currently serves as Executive Director at Kochi Refinery and has over three decades of experience in petroleum refining.
India and Mauritius have exchanged a G2G MoU on oil and gas cooperation, alongside a five-year agreement under which IOCL will supply Mauritius’ entire import requirement of MS, HSD and ATF.
Indian Railways is targeting 35 hydrogen-powered trains for heritage routes in hilly areas where railway electrification is challenging.
Vikas Poddar joins Torrent Power as Chief Financial Officer with over 25 years of international experience across India, the UK and Southeast Asia.
India’s clean energy capacity has surpassed fossil-fuel capacity for the first time, prompting Anand Mahindra to highlight its implications for energy security.
India and Mauritius have strengthened energy cooperation through agreements covering petroleum product supplies and a five-year commitment for Mauritius’ fuel imports.
