AGP Executive Report
Last update: 12 hours agoWest Asia Energy Shock: Trump’s “ceasefire over” call and renewed Strait of Hormuz disruption fears sent oil back near $80, rattling India’s rupee, bonds and stocks, while India urged restraint and dialogue to protect energy flows. India Power & Industry: NLC India and NALCO signed a JV for a 1,080 MW captive coal thermal plant in Odisha to secure smelter expansion power and boost industrial self-reliance. Renewables Build-Out: KP Energy commissioned a 50.4 MW wind project for NTPC REL in Gujarat with Suzlon turbines, adding to India’s clean capacity pipeline. Biofuels Backlash: India’s mandatory E20 rollout is reigniting consumer and political pushback over vehicle compatibility and performance concerns. Macro Pressure: ADB cut India’s FY27 growth forecast to 6.6% citing elevated energy prices, while China’s June PPI rose 4.1% as factory-gate costs stay firm despite crude easing. Nuclear Momentum: BloombergNEF projects global nuclear capacity up 44% by 2036, with China leading the build and India expanding for energy security.
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