Top Indian Metal & Energy Industry News & Updates - 27 April 2023,Thursday
Govt. Policy / Industry
📝 Power Min asks states to withdraw any tax on generation of electricity, calls it illegal
📝 Power Min revises framework to supply cheapest power lot first to consumers
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Iron & Steel
📝 Tata Steel Long Products reports Rs 184 cr loss in Q4
📝 Steel industry urges govt to tackle iron ore shortage
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Gold / Silver & Bullion
📝 Jos Alukkas to launch 100 stores with an investment of ₹5,500-cr
📝 Shirpur Gold Refinery to move SAT against Sebi interim order
📝 Gold jumps Rs 590; silver advances Rs 420
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Other Metals
📝 HZL-Vedanta deal: valuation an issue
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Oil & Gas / OMCs
📝 Brakes India launches engine oils in new brand-Revia
📝 ONGC plans to invest INR 1 lakh crore by 2030 to boost capacity
📝 India gorges on discounted Russian crude, enjoys fuel export bonus
📝 Essar to invest Rs 2,000 crore in Bengal's brownfield CBM project
📝 MGL to expand into CBG, LNG & EV segments
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Coal / Mining
📝 Coal supply shortage unlikely at power plants this summer: S&P
📝 Coal Ministry to monetise assets worth over ₹50,000 crore in FY24
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Power
📝 Centre tells States to scrap levies on power generation
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Renewable Energy
📝 Avaada raises USD 1 bn from Brookfield for manufacturing of green hydrogen, solar modules
📝 Green Hydrogen company Ohmium closes $250 Million Series C fundraise led by TPG Rise Climate
📝 No plans to extend ALMM for renewable energy player: Official
📝 India to triple renewables auctions as 2030 green target looms
📝 Central PSU ITI commissions 1 MW solar plant at Palakkad
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International
📝 SGX iron ore rebounds, but Dalian benchmark extends fall on China demand blues
📝 NextEra Energy Q1 results boosted by clean energy push
📝 EU set to put greener aviation fuel in planes
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Economy
📝 Rupee gains 21 paise to close at 81.74 against US dollar
📝 Stock markets rise for 3rd session; Sensex gains 169 points
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