AGP Executive Report
Last update: 18 minutes agoOil Shock Hits Markets: Brent stayed above $101 as Iran expanded a no-go zone around the Strait of Hormuz after attacks on vessels, keeping inflation and rate-hike fears front and center across Asia. Grid & Storage Push: India added 8.2 GWh of battery energy storage in 1H 2026, lifting cumulative capacity to 9.3 GWh, with standalone storage dominating as utilities chase grid balancing and renewables integration. Hydrogen Race: The Hydrogen Council said global clean hydrogen investment topped $130bn, while WRI India flagged Gujarat as India’s top green hydrogen hub candidate thanks to renewables, transmission, water and industrial off-takers. Energy Security Politics: Asean leaders are reframing “hedging” into broader option-building as BRICS engagement grows, with the Philippines’ Marcos set to attend the New Delhi summit. India Supply Moves: India plans to drill about 600 exploration wells in four years (including 240 deepwater) under a risk-sharing push to strengthen domestic oil and gas. Renewables for Industry: LR Energy signed a PPA for a 6 MWp captive solar project in Haryana to cut a steelmaker’s reliance on conventional power. BioCNG Buildout: KIS Group and Paras Dairy plan 10 BioCNG plants across multiple states with ~INR 1,000 crore investment, targeting first operations by Q4 2027.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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