Puri Stays in Petroleum, Khattar Takes Charge of Power Ministry

11 Jun 2024 CW Team

The allocation of portfolios in the Modi Cabinet has been finalized, with Hardeep Singh Puri retaining the Ministry of Petroleum and Natural Gas. Additionally, Manohar Lal Khattar has been appointed as the Minister for Power, ushering in new leadership to oversee critical sectors of India's energy landscape.

Hardeep Singh Puri's continuation in the Petroleum Ministry is expected to provide stability and continuity in policies aimed at enhancing domestic oil and gas production, ensuring energy security, and attracting investments in the sector. His experience and strategic approach are crucial as India navigates through challenges and opportunities in the global energy market.

Manohar Lal Khattar, known for his administrative acumen, assumes leadership of the Power Ministry at a time when India is striving to strengthen its electricity infrastructure, promote renewable energy adoption, and achieve universal electricity access. His tenure is anticipated to focus on accelerating reforms in the power sector to improve efficiency and reliability of electricity supply across the country.

The Cabinet reshuffle underscores Prime Minister Narendra Modi's commitment to effective governance and aligning ministerial responsibilities with national priorities. It reflects the government's intent to leverage experienced leadership and fresh perspectives to propel India's energy sector towards sustainability and self-sufficiency.

Stakeholders and industry observers view these appointments positively, anticipating proactive initiatives and policy interventions to drive growth, innovation, and resilience in the petroleum and power sectors under the leadership of Hardeep Singh Puri and Manohar Lal Khattar. As India continues its journey towards energy security and sustainability, these ministries are pivotal in shaping the country's energy future.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..