US may ask India for substantial market access in ethanol: Report

The United States (US) is expected to request more market access from India in sectors such as agriculture and dairy products, ethanol, and medical devices as part of the proposed bilateral trade agreement (BTA) that both countries aim to finalize within the next eight months. In 2024 National Trade Estimate Report on Foreign Trade Barriers, the US Trade

India’s natural gas demand to rise 60% by 2030: IEA

India’s natural gas demand is forecast to increase by nearly 60% by 2030 putting the country’s projected gas demand on a par with some of the world’s largest consumers, the International Energy Agency (IEA) said. The agency released its report on India gas market outlook to 2030 during the India Energy Week here. According to

India’s oil demand to peak later than in other major economies: Report

India’s refined crude demand will peak later than in other major economies, placing the country in the spotlight driving this demand. According to S&P Global Commodity Insight in a note, said while alternative fuels are gradually shifting energy consumption patterns away from fossil fuels, the fossil fuel usage will remain significant in the foreseeable future.

Fuel demand in January rises 3.2% to 20.49 million tonnes

India’s January fuel consumption hit its lowest monthly level since October, but was up 3.2 per cent year-on-year at 20.49 million metric tonnes, according to oil ministry data. India is the world’s third-largest consumer and importer of oil. The data is a proxy for the country’s oil demand. On a monthly basis, January fuel demand was

India allocates $647 mn for strategic oil reserves

India has allocated 55.97 billion rupees ($646.78 million) to purchase oil for its strategic petroleum reserves (SPRs) for the fiscal years 2025-26, amid global supply uncertainties. The Indian Strategic Petroleum Reserve Ltd (ISPRL), which manages the federal oil inventories, currently operates three SPRs in southern India with a combined capacity of approximately 5 million tons.

India’s EV sector looks promising despite obstacles: Report

India’s adoption rate of electric vehicles (EVs) is still low at 2.5 percent, far below the 30% target set for 2030. According to Moody’s assessment, legislative initiatives including extending domestic lithium-ion production and granting import tariff exemptions for essential battery components are essential for growth. India’s passenger car sector is showing indications of resurgence despite

New India Sustainable Aviation Fuel (SAF) alliance for launch

The India SAF (Sustainable Aviation Fuel) Alliance will be launched at India Climate Week (ICW) 2025 (taking place from February 3-7, 2025) at Le Meridien, New Delhi. The India SAF Alliance initiated by Carbon Market Association of India (CMAI) aims to accelerate the adoption of sustainable aviation fuels across the country and to foster collaborative

Pakistan likely to approve ethanol blending programme

In an effort to reduce fossil fuel reliance, cut carbon emissions, and boost the use of renewable energy, Pakistan is following India’s footsteps and considering a plan to blend 5% ethanol with petrol. The government is expected to approve an Ethanol Blending Programme (EBP) to achieve these goals. The significant progress India has made in

Tata Steel becomes India’s first to develop hydrogen transport pipes

Tata Steel claimed that it has become India’s first steel company to develop pipes for hydrogen transportation, marking a significant milestone in the country’s hydrogen mission. The pipes, processed at Tata Steel’s Khopoli plant using steel manufactured at its Kalinganagar plant, have successfully met all the critical properties required for hydrogen transportation, the company said

Exicom and ChargeZone join forces expand EV charging in India

Exicom and ChargeZone have joined forces to deploy 500+ high-power EV charging stations, accelerating India’s transition to sustainable mobility. In a significant step towards bolstering India’s EV infrastructure, Exicom, a leading manufacturer of EV charging and critical power solutions, has partnered with ChargeZone, India’s fastest-growing integrated e-mobility company. The collaboration aims to develop and deploy