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NEW ENERGY DEVELOPMENT AGENCY
Resonia wins Telangana transmission project to boost renewable energy connectivityResonia, formerly Sterlite Power's transmission arm, has secured a significant project in Telangana from Power Finance Corporation. This in...
Iran war triggers global race to build oil reservesVulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push f...
RBI overhauls Lead Bank Scheme after review, issues new guidelinesThe Reserve Bank of India has revamped the Lead Bank Scheme to boost district-level credit planning and financial inclusion. New guidelines...
ONGC rebrands itself as ‘gas and oil’ firm as natural gas output overtakes crudeState-run ONGC is shifting its focus, now prioritizing natural gas over crude oil. Chairman Arun Kumar Singh announced that gas production ...
India remains ADB's largest private sector market; lender eyes USD 1 bn direct support in 2026India stands at the forefront of the Asian Development Bank's investment strategies as the lender aims to deploy roughly USD 1 billion in d...
Northeast India poised to be next growth engine via sustainable agriculture and organic produce: Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman highlighted Northeast India's potential as a growth engine, emphasizing sustainable agriculture a...
Gentlemen's agreement: Did the US cut secret side deals with Iran?Behind the public 14-point MoU, secret negotiations between the US and Iran are reportedly delving into sensitive nuclear program details. ...
Mizoram CM Lalduhoma highlights role of externally aided projects in Northeast development at Shillong seminarMizoram Chief Minister Lalduhoma said externally aided projects not only provide financial assistance but also bring valuable technical exp...
US-Iran peace talks in Geneva called off, clouding prospects for lasting truceTalks between the US and Iran to end the Middle East conflict have been postponed. Vice President JD Vance has cancelled his trip to Geneva...
Reliance New Energy prepares battery-swapping rollout for EV two-wheelers in logistics, delivery segmentReliance New Energy is set to launch battery-swapping services for electric two-wheelers. This move targets the delivery and logistics sect...
Federal regulators back Trump's plan to speed power to energy-hungry AI data centersFederal regulators are speeding up power grid connections for big energy users like AI data centers. This move aims to boost America's comp...
Global Market: China Resources New Energy's Shenzhen IPO set to rewrite listing recordsChina Resources New Energy has priced its Shenzhen IPO at 10.11 yuan per share and could raise up to 24.5 billion yuan, making it the large...
I Squared, US DFC to set up $3 billion energy infrastructure platform in AsiaI Squared Capital and the US International Development Finance Corporation are partnering. They will create a three billion dollar investme...
Iran will reopen Strait of Hormuz and can sell oil freely under deal with US, according to leaksA tentative deal between Iran and the U.S. will reopen the Strait of Hormuz, a vital oil passage. Iran will be allowed to sell its oil with...
India adds 4.6 GWh of energy storage capacity in first quarter of 2026: ReportIndia saw a massive surge in battery energy storage capacity in early 2026. The country added 4.6 gigawatt-hours in the first three months,...
Avaada targets 17.7 GW renewable energy capacity within two yearsAvaada Group is set to significantly expand its renewable energy capacity. The company plans to add 10.5 gigawatts over the next two years....
IEA says 'unconditionally' re-opening Hormuz vital to end energy crisisThe head of the International Energy Agency stressed that fully reopening the Strait of Hormuz is crucial for global economic stability. Re...
Iran war is a 'wake-up call' for Southeast Asia's energy sector, report saysA war in Iran has highlighted significant energy risks for Southeast Asia. The region faces a potential tripling of its energy import bill ...
India eyes global bio-energy leadership with unified push on capital, missions and SAF exportsIndia is poised to become a major bio-energy exporter and bolster its energy security. Industry leaders at the India Bio-Energy Conference ...
Indian firms raise $3.76 bn via ECBs in April; Reliance, Air India among prominent borrowersIndian companies raised $3.76 billion through external commercial borrowings (ECBs) in April 2026, up from $2.91 billion a year earlier, RB...