OPEC+ negotiations on August production levels will pick up in earnest on June 29, with a meeting of the delegate-level advisory Joint Technical Committee, before the nine-country Joint Ministerial Monitoring Committee co-chaired by Saudi Arabia and Russia convene on June 30.

India is the world's third largest consumer of crude and a key market for many OPEC members.

In 2020, India’s electricity production declined by 2.5% at 1,557 TWh. The country has an installed capacity of 412 GW (end-2020).

Roughly a quarter (10.5GW) of India’s 39.2GW of installed wind capacity was commissioned with wind turbine sizes of under 1 megawatt (MW),

Reliance Industries and Chart Industries launched the India H2 Alliance (IH2A) to build the hydrogen economy and supply chain in India.

The Solar Energy Corporation of India (SECI) has initiated a tender for 1,200 MW of grid-connected wind projects.

Asia's spot LNG market is being supported by unprecedented LNG demand from North Asia, especially China, where economic activity has been relatively robust in 2021 on the back of recovery from the pandemic.

Thermal coal imports in April were at 16.239 million t, a growth of 40.10% over the 11.591 million t imported last April 2020 and a 26.31% growth over the 12.856 million t imported in March 2021.

Karachi unit 3 - which like unit 2 is also an 1100 MW Hualong One unit supplied by China National Nuclear Corporation (CNNC) - is expected to generate electricity early next year,

SB Energy India has a total renewable portfolio of 4,954 MW across four states in India

The last national electricity plan of 2018 predicts a renewable energy capacity of 275GW by 2027, with plans for significant coal capacity additions (to the order of 50GW) during 2017-2022 as well as 2022-27.

The development follows the Indian and French governments signing the Industrial Way Forward Agreement on 10 March 2018 to enable cooperation between the two countries, thereby improving the energy sector and economies through knowledge and technology sharing.

The civil works contract is worth US$355m and full commissioning is scheduled in mid-2024.

Currently, renewables form 10% of India’s total power generation and that share will increase to 31% by 2030 with 450GW coming online.

India's power demand was heavily impacted during the Q1FY21 lockdown (bringing all economic activity to a standstill), falling 15.5% Y-o-Y during Q1FY21 and 7.8% Y-o-Y during 1HFY21.