Energy

LANXESS has entered into a strategic agreement with Hindustan Petroleum Corporation Limited to market aviation and industrial lubricants across India and the SAARC region. The collaboration is designed to strengthen distribution channels and improve access to premium lubricant products in key industrial segments. Under the memorandum of understanding (MoU), both companies will explore short-, medium-, and long-term opportunities for business development and market expansion.

Gautam Adani has urged India to accelerate investments in energy security and artificial intelligence infrastructure, arguing that the next era of geopolitical influence will be shaped by nations capable of controlling strategic digital and energy ecosystems. Speaking at the CII Annual Business Summit 2026, the chairman of the Adani Group warned that the foundations of globalisation are being reshaped by rising geopolitical fragmentation and economic realignment.

Indian consumers may soon face higher prices for everyday essentials as major fast-moving consumer goods (FMCG) companies prepare additional price increases amid mounting input-cost pressures. Products including soaps, detergents, biscuits, packaged foods, and beverages are expected to become more expensive due to rising crude-linked inflation, elevated packaging costs, currency depreciation, and higher transportation expenses triggered by geopolitical instability.

Adani Green Energy Ltd. has announced the incorporation of new step-down subsidiaries aimed at strengthening its renewable energy operations in India. The entities, established through the company’s wholly owned subsidiary Adani Renewable Energy Sixty Four Limited, are expected to focus on clean power generation initiatives across multiple renewable energy segments.

KPI Green Energy Ltd delivered a robust financial performance for the March quarter, reporting a 49 percent year-on-year rise in consolidated net profit to Rs 155.48 crore. The growth was primarily driven by higher revenues, reflecting increasing demand for renewable energy solutions. The company had posted a net profit of Rs 104.18 crore in the same period last year.

The price of Aviation Turbine Fuel (ATF), a critical cost component for airlines, has risen for international carriers by over 5 percent, reflecting the continued impact of global energy market volatility. According to state-owned oil companies, ATF in Delhi has increased to Rs. 1,511.86 per kilolitre (converted from USD), marking the second consecutive monthly hike. Notably, domestic airline fuel prices remain unchanged, indicating a calibrated pricing approach.

Ather Energy reported a significant improvement in financial performance for the January–March quarter, with net losses narrowing 57% year-on-year to Rs 100.23 crore. The Bengaluru-based electric two-wheeler maker had posted a loss of Rs 234.36 crore in the same period last year. Revenue from operations surged 74% to Rs 1,174.66 crore, compared with Rs 676.8 crore in the corresponding quarter of FY25.

India’s power sector is poised for a strategic shift as NTPC Limited explores a significant nuclear energy project in Bihar. The proposed plan involves setting up two 700 MW nuclear reactors in Banka district, with an estimated investment of Rs 25,000 crore. Currently under feasibility assessment, the project reflects a broader push toward energy diversification and low-carbon power generation.

Adani Green Energy Limited is accelerating its transition toward reliable clean power with a major investment in battery storage infrastructure. The company plans to deploy over 10 GWh of energy storage capacity by FY27, backed by an estimated investment of Rs 15,000 crore. This expansion builds on its existing pipeline and aligns with India’s broader push for round-the-clock renewable energy.

India’s renewable energy sector received a significant boost as SAEL Industries commissioned a 600-megawatt solar power plant in Andhra Pradesh’s Kurnool district. The large-scale project, spread across more than 2,400 acres, is backed by a 25-year power purchase agreement with the Solar Energy Corporation of India, ensuring long-term revenue visibility. Developed through two subsidiary units, the facility is expected to contribute substantially to the national grid while reducing carbon emissions by approximately 11 lakh tonnes annually.