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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