Economy
Energy Sector
The Energy Sector forms the bedrock of any modern economy, serving as the primary driver for industrial growth, agricultural productivity, and societal well-being. It encompasses the entire value chain from the exploration
41 articles in this topic
Articles on Energy Sector
Expansion of PM JI-VAN Yojana To Accelerate Advanced Biofuel Production
Context Recently, the Union Government has expanded the scope and timeline of the Pradhan Mantri Jaiv Indhan–Vatavaran Anukool Fasal Awashesh Nivaran (JI-VAN) Yojana, reaffirming its commitment to sustainable development and energy security. About PM JI-VAN Its 2024 Upgrades It was launched in 2019 under the Ministry of Petroleum and Natural Gas (MoPNG). It is implemented by the Centre for High Technology (CHT) that operated under the MoPNG.
3rd International Conference on Green Hydrogen (ICGH 2025)
In News At the 3rd International Conference on Green Hydrogen,the Union Minister for New Renewable Energy highlighted the National Green Hydrogen Mission (NGHM) as a catalyst for India’s clean energy transition, job creation, and global leadership in green hydrogen. The National Green Hydrogen Mission It was launched by the Government of India in January 2023 and spearheaded by the Ministry of New and Renewable Energy (MNRE). It is a cornerstone of India’s strategy to achieve energy independence
India Targets Record 6 GW Wind Energy Addition by FY 2026
Context The Union Minister for New and Renewable Energy (MNRE) announced that 6 gigawatts (GW) of new wind capacity is expected to be added by the end of financial year 2025–26. Wind Energy in India India currently has the fourth highest wind installed capacity in the world with total installed capacity of 51.67 GW (as of August 12, 2025) of which 4.15 GW was added during FY 2024-25. Wind power generated 78.21 billion units of electricity during April 2024 to February 2025, contributing 4.69% of
The ‘Critical Factor’ in India’s Clean Energy Ambitions
Context As India targets 500 GW of renewable energy capacity by 2030 and net-zero emissions by 2070, securing access to critical minerals has become a national priority. What are Critical Minerals? Different countries have their own unique lists of critical minerals based on their specific circumstances and priorities.
Achieving Centre’s Rooftop Solar Targets to Remain a Challenge: Study
Context A report on the performance of PM Surya Ghar Yojana has been jointly published by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research Analytics. Major Highlights Target Achieved: Despite a near four-fold increase in applications between 2024 and 2025, only 13.1% of the target 1 crore solar rooftop installations, has been achieved. In this scenario, the FY2027 target [of 1 crore installations] continues to be viewed as a considerable challenge.
Natural Gas Discovery in Andaman Basin
In News Oil India Ltd (OIL) has reported a significant natural gas discovery off the Andaman Islands, marking the first confirmed hydrocarbon occurrence in the region. Hydrocarbon Potential of Andaman Basin Hydrocarbon Resource Assessment Study (HRAS): Estimates 371 MMTOE (Million Metric Tons of Oil Equivalent) in the AN Basin. It is part of the Bengal-Arakan sedimentary system.
Growing Interconnections Between Energy and AI Worldwide
Context In a 2024 report, the International Energy Agency (IEA) highlighted the growing interconnections between energy and AI worldwide. Global Data Centre Energy Outlook Rising Demand: Data centre electricity demand projected to more than double by 2030 to 945 TWh. AI-optimised data centres demand to quadruple by 2030.
Unleashing Power Sector of India: To Help India’s Economy
India’s power sector is grappling with technical and administrative hurdles, compounded by macroeconomic constraints that could shape the nation’s economic trajectory.
India Requires $50 Billion New Investment in Storage by 2032: Report
In Context India has crossed 50% installed power capacity from non-fossil sources five years early. The next challenge is rapidly scaling up Energy Storage Systems (ESS) to meet rising demand, cut costs, and keep power affordable. Why is ESS Crucial for India?
Renewable Consumption Obligation Framework
Context The Union Ministry of Power, under the Energy Conservation Act (2001), has released a revised draft notification introducing the Renewable Consumption Obligation (RCO). Significance of the RCO Framework Shift from Procurement to Consumption: Ensures actual renewable energy use rather than symbolic compliance. Distributed Energy Emphasis: Targets for rooftop solar and small-scale projects to rise from 1.5% in 2024-25 to 4.5% by 2029-30, potentially democratising energy production by invol
First-Ever Auction for Procurement of Green Ammonia Under National Green Hydrogen Mission
In News The Solar Energy Corporation of India Limited (SECI) has conducted its first-ever auction for Green Ammonia procurement via SIGHT Scheme (Mode-2A) under National Green Hydrogen Mission. Hydrogen It is the lightest and most abundant element in the universe and rarely found in nature in its elemental form and must always be extracted from other hydrogen-containing compounds. It is categorised into three categories, namely, Grey, Blue and Green.
Decoding India’s Energy Transition
Recently, the World Economic Forum (WEF) revealed that India secured 71st position in 2025, down from 63rd in 2024 and 67th in 2023 because of several ‘structural challenges’.
Critical Mineral As Strategic Asset For India
India needs to accelerate its efforts in the global supply chain, as critical minerals are emerging as the defining geoeconomic axis of the 21st century.
India’s Power Sector: Navigating Energy Needs and Environmental Responsibility
Indias power sector, long characterized by fragmented regulation, mounting debts, and inefficient distribution, is undergoing vital reforms to meet modern energy needs and ensure sustainable, reliable access for all.
PNGRB Approves Reforms to Natural Gas Pipeline Tariff Regulations
In News The Petroleum and Natural Gas Regulatory Board (PNGRB) has approved significant amendments to the Natural Gas Pipeline Tariff Regulations, 2025, aimed at simplifying tariffs, improving access, and supporting the government’s vision of One Nation, One Grid, One Tariff. Key Amendments Reduction of Unified Tariff Zones: The number of unified tariff zones is reduced from three to two. This will simplify the tariff structure and streamline the natural gas transportation network.
MNRE Revises Biomass Guidelines to Boost Bio Energy
Context The Ministry of New and Renewable Energy (MNRE) has issued revised guidelines for the Biomass Programme under Phase-I of the National Bioenergy Programme, applicable for the period FY 2021–22 to 2025–26. What is Biomass? Biomass refers to organic material derived from plants and animals, and it includes: forestry waste, residue from agricultural operation, processed waste from industry, municipal/urban solid waste.
Coal Sector in India: A Strategic Engine for Sustainable Growth and Global Leadership
Context Coal has long been the backbone of Indias energy sector, fueling industries, power plants, and economic growth. However, the global shift towards sustainability has necessitated a transformation in how coal is utilized. Future Vision: Viksit Bharat 2047 From 1.10 MWh per capita electricity consumption today to matching or exceeding global averages.
The New Oil Conflict
Context A new oil war is unfolding through production and pricing strategies rather than armed conflict, with far-reaching global economic implications. Background Recently OPEC+ decided to increase crude oil output by 411,000 barrels per day (bpd) from June 2025. This marks the third consecutive month of production increase, reversing part of the 2.2 million bpd voluntary cuts taken in 2023.
Port Economy to Drive India’s Growth
Context PM Modi said that Coastal States and port cities will become key growth centres for a developed India, during the commissioning of the Vizhinjam International Seaport in Kerala. What is the Port Economy? The port economy refers to the economic activities and value generated through the functioning and development of ports, which serve as vital nodes in global trade and logistics networks.
India’s Coal Boom
India achieved a historic milestone as it crossed one billion tonnes (BT) of coal production in March in 2024-25, surpassing last fiscal years 997.83 million tonnes (MT).