The government is enhancing coordination with states to ensure critical supplies, diversify energy sources, and combat disinformation, while maintaining stable domestic LPG prices and monitoring food commodity rates.
The restart follows new power purchase agreements, particularly with Gujarat. This significant coal-fired facility, one of India's largest, supplies electricity to several northern and western states, bolstering their energy security.
This led to reduced use of cooling appliances and a delayed onset of summer, impacting overall electricity demand. Experts anticipate continued subdued growth in April as well.
Petroleum Secretary Neeraj Mittal said that the number continues to rise, with PNG-connected consumers surrendering LPG cylinders to make them available for others who lack access.
OMCs had raised jet fuel prices by over 100% under the monthly revision, briefly pushing rates above βΉ2 lakh/kl, before the Centre limited the increase to βΉ15/litre to shield domestic flyers.
The ministry said OMCs are currently incurring an under-recovery of βΉ380 per 14.2-kg cylinder, even as domestic LPG prices remain unchanged at βΉ913 per cylinder and βΉ613 for PMUY beneficiaries
India has also provided support to Bangladesh and Sri Lanka. Efforts to boost domestic crude oil production are ongoing. Diversified sourcing and temporary price hikes are anticipated.
This significant development, spearheaded by Anushakti Vidyut Nigam Limited, marks a crucial step in expanding India's nuclear energy capacity. The project, involving two 700 MWe pressurised heavy water reactors, is a substantial national endeavor.
This follows a recent 30-day US sanctions waiver for oil already at sea. Indian refiners are looking to secure these cargoes amid tightening inventories. This marks a potential revival of Indo-Iranian oil trade after a significant gap.
India also agreed to stop buying Russian oil. It will increase purchases from the United States and potentially Venezuela. This agreement aims to foster better trade relations between the two nations.
Future allocations will continue through a participative bidding process, with the Telangana government's proposal for the Tadicherla block to be examined based on its unique reasons and legal provisions.
While the national average biogas blend is low, some regions may see higher impacts. The budget also allocated funds for Ujjwala connections but deferred a diesel duty increase.
According to Expenditure Budget documents, the total allocation for the demand in RE 2025-26 stands at βΉ1,240 crore and in BE 2026-27 at βΉ4,390 crore.
In her Union Budget 2026 speech, FM Sitharaman proposes government support to boost mining, processing, research and manufacturing of critical minerals across mineral-rich coastal states
In the Union Budget 2026, FM Sitharaman extends duty exemptions for energy storage systems, solar glass, nuclear power projects and critical minerals, while offering excise relief for biogas-blended CNG
Key demands include incentives for green hydrogen, energy storage, transmission modernisation, and domestic manufacturing to enhance energy security and project viability.
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