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BUSINESS AND ECONOMY - November 2026

Nov 2026

Nov 05, 2026

India showcases energy sector capabilities at ADIPEC 2026

India presented its expanding oil and gas capabilities at ADIPEC 2026 in Abu Dhabi, highlighting deepwater exploration, clean energy, domestic manufacturing and international partnerships. Held from 2 to 5 November at the ADNEC Centre, the event gathered governments, national and international oil companies, technology providers and investors. The India Pavilion, organized by FIPI, CII and ICC, showcased upstream, midstream and downstream strengths, along with new energy technologies. Secretaries Neeraj Mittal and Deepak Mittal inaugurated sections. Two initiatives relevant to India’s participation include Samudra Manthan deepwater exploration and Waste-to-Wealth projects converting organic waste to compressed biogas. The aim is to attract FDI and position India as a manufacturing hub for energy sectors.
  • ADIPEC 2026 run dates: 2–5 November; location: Abu Dhabi.
  • India Pavilion highlights upstream, midstream, downstream capabilities.
  • Initiatives: Samudra Manthan and Waste-to-Wealth (CBG).
  • Delegations focus on investments, technology transfer and partnerships.
  • Event underscores Make in India in the energy sector.

Nov 04, 2026

Five Singareni mines win national five-star rating for 2024–25

Five Singareni Collieries Company Limited (SCCL) mines have won the Ministry of Coal Five‑Star Rating for 2024–25, announced 2 November 2026 in Raipur, Chhattisgarh. The mines RKNT, RK‑6 Incline (Srirampur), JVR OC‑2 (Sattupalli), Khairigura OC (Bellampalli) and RGOC‑1 (Ramagundam‑3) scored above 91 out of 100 on 84 parameters covering safety, management, infrastructure, environment and worker welfare. SCCL also won first prize in the underground category at the Annual Star Rating Awards 2024–25. Union Minister of State for Coal and Mines Satish Chandra Dubey presented the awards, with officials receiving praise for strong safety practices.
  • SCCL mines awarded Five‑Star Rating for 2024–25
  • mines: RKNT, RK‑6 Incline, JVR OC‑2, Khairigura OC, RGOC‑1
  • score above 91/100 on 84 parameters
  • recognition for safety, environment, welfare and governance
  • first prize in underground category at Star Rating Awards

Nov 02, 2026

Jatin Kumar Nayak appointed CMD of IREDA

Jatin Kumar Nayak assumed charge as Chairman and Managing Director of the Indian Renewable Energy Development Agency (IREDA) on 30 October 2026. Nayak previously served as Executive Director (Finance) at REC Limited and has over 34 years of experience in the power and industrial sectors. IREDA is a Navratna Central Public Sector Enterprise under the Ministry of New and Renewable Energy, financing renewable-energy and sustainable-development projects across India. His appointment signals governance continuity and strengthened capacity to fund growth in renewable energy, including wind, solar, and hydro projects.
  • Date of assumption: 30 October 2026.
  • New CMD: Jatin Kumar Nayak; former ED (Finance) at REC Limited.
  • IREDA status: Navratna CPSE under MNRE.
  • Role: Financing renewable energy and sustainable development.
  • Expected impact: governance, finance, and project-growth acceleration.
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