Top Indian Metal & Energy Industry News & Updates - 26 April 2023,Wednesday
Govt. Policy / Industry
📝 Govt prepared to meet summer demand with assured and affordable electricity: Power Minister R K Singh
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Iron & Steel
📝 Steel sector PLI may include capital goods
📝 Steel imports surge 45% to 7 mt in FY23
📝 JSW is 1st steel company to bag Goa mineral block
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Gold / Silver & Bullion
📝 Titan likely to break out of 18-mth range
📝 Gold jumps ₹440; silver declines ₹360
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Oil & Gas / OMCs
📝 India's GAIL to get 4 LNG cargoes from Germany's Sefe in May
📝 Oil prices stable as investors ponder China demand, rate hikes
📝 Lenders May halt funding over 'Sin' tag: ONGC Chief
📝 ONGC plans to invest Rs 1 lakh crore by 2030 to boost capacity
📝 Oil prices, El Nino key risks to inflation, growth outlook: FinMin
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Coal / Mining
📝 Vedanta very comfortable, concerns over its debt situation misplaced: Anil Agarwal
📝 CIL’s Talcher contract workers strike results in 1-million-ton coal output loss
📝 Coal stock at power plants 64% higher
📝 Domestic coal production to continue to rise in FY24: CareEdge
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Renewable Energy
📝 Finnish company Fortum plans to sell 185 MW solar projects
📝 Brookfield expands green footprint, buys 51% stake in CleanMax Enviro
📝 Renewable energy projects: SECI, NTPC to float RE bids of 15 GW each in FY24; NHPC, SJVN for 10 GW each
📝 IREDA reports all-time high net profit of Rs865 crore in FY23
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International
📝 Energy firms in Germany join up for sea-to-inland hydrogen route
📝 Copper muted as traders weigh China demand, eye data before Fed meeting
📝 LME copper edges higher as softer dollar lends support
📝 Delfin to sell LNG to Hartree from proposed Louisiana export plant
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Economy
📝 Rupee settles flat at 81.92 against US dollar
📝 Equity markets log gains for second day: power shares advance
📝 India’s growth more stable on healthy macros: Finance ministry
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