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BPCL Profit Falls 22.5% Amid Crude Oil Volatility

By Uniquetimesorg October 24, 2026 0

India’s Bharat Petroleum Corporation Limited (BPCL), the country’s third-largest refiner by capacity, reported a 22.5% decline in standalone net profit for the second quarter ended September 30, 2026. Net profit fell to ₹4,993 crore from ₹6,442 crore in the same period last year, largely due to volatile crude oil prices. Global Brent crude oil prices […]Continue Reading

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Rubio Urges Reliance to Expand Venezuelan Oil Refining and Production

By Uniquetimesorg October 21, 2026 0

US Secretary of State Marco Rubio said he would encourage India’s Reliance Industries to refine more Venezuelan crude oil at its Indian refineries and explore opportunities to resume oil production in Venezuela. Speaking to reporters in Mumbai on October 20, Rubio said the discussions would focus on the company’s substantial refining capabilities and potential Continue Reading

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El Niño Threatens India’s Hydropower Output as Electricity Demand Remains High

By Uniquetimesorg September 2, 2026 0

India’s power sector is facing increased pressure as strengthening El Niño conditions and a weak monsoon reduce hydropower generation. Hydroelectric output fell nearly 12% year-on-year through August 29, according to power ministry data, while rainfall in August was more than 16% below the long-term average. Lower rainfall has reduced reservoir and river levels, while Continue Reading

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India Considers Low-Cost Loans for Renewable Projects Hit by Power Curbs

By Uniquetimesorg August 20, 2026 0

India is considering offering low-cost, long-term loans to renewable energy producers to compensate for losses caused by inadequate transmission infrastructure, four industry sources said. The power ministry is discussing loans with tenures of seven to eight years as renewable projects in states such as Rajasthan and Gujarat face restrictions on sending electricity to the Continue Reading

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Torrent Gas Plans Updated Draft Papers for Up to $418 Million IPO

By Uniquetimesorg August 18, 2026 0

India’s Torrent Gas is expected to file updated draft papers for an initial public offering of up to 40 billion rupees ($418.09 million) as early as this week, according to two sources familiar with the matter. The company supplies piped natural gas (PNG) to households and industries across eight states and one union territory and […]Continue Reading

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Chennai Petroleum Plans 33% Refinery Capacity Expansion to 280,000 Barrels Per Day

By Uniquetimesorg August 3, 2026 0

Chennai Petroleum Corporation Ltd (CPCL), a state-run Indian oil company, has announced plans to expand its refining capacity by nearly one-third to 280,000 barrels per day. The company revealed the expansion strategy in its 2025-26 annual report, aiming to strengthen its position in India’s growing energy sector. CPCL currently operates the 210,000 barrels-per-day Manali Continue Reading

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India Tightens Grid Rules for Renewable Energy Firms

By Uniquetimesorg July 13, 2026 0

India has introduced new rules requiring renewable energy companies to either begin generating electricity, surrender unused transmission rights, or provide higher bank guarantees. The move is aimed at freeing up valuable grid capacity currently held by projects that have not started producing power. According to an order issued by the Central Electricity Regulatory Continue Reading

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India’s Coal-Fired Power Generation Climbs to Highest Level Since November 2023

By Uniquetimesorg July 3, 2026 0

India’s coal-fired power generation rose sharply in June, reaching its highest level since November 2023 as an extended heatwave and below-average monsoon rainfall pushed electricity demand higher. According to government data, total electricity generation increased 10.4% year-on-year to 178.31 billion kilowatt-hours, while coal-based power output jumped nearly 14% Continue Reading

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India Reduces Export Duties on Petrol, Diesel and Aviation Fuel from June 1

By Uniquetimesorg June 1, 2026 0

India has announced a reduction in export duties on petrol, diesel, and aviation turbine fuel (ATF) for the fortnight beginning June 1, 2026. The revised rates are part of the government’s regular review mechanism, which adjusts duties based on global fuel and crude oil prices. Under the new structure, the export duty on petrol has […]Continue Reading

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Hitachi Energy India Targets Bigger Share of Booming Data Centre Market

By Uniquetimesorg May 29, 2026 0

Hitachi Energy India has significantly expanded its ambitions in the country’s rapidly growing data centre sector, aiming to capture up to 30% of the industry’s overall spending through its comprehensive “grid-to-rack” power solutions. Managing Director and CEO Venu Nuguri told Reuters that the company’s earlier target of addressing 10–15% of data centre investments has Continue Reading