Top Indian Metal & Energy Industry News & Updates - 03 May 2023,Wednesday

Govt. Policy / Industry

📝  India's NMDC in talks with Australia's Hancock for lithium mining
📝  India, China propose 'multiple pathways' on cutting use of fossil fuels-sources
📝  India will achieve 20% ethanol-blended petrol target by 2025; maize to play important role, says Piyush Goyal
📝  India to auction J&K lithium reserves this year
📝  Centre in talks with states for 'pre-embedded' clearance of mines; to enact offshore mineral rule
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Iron & Steel

📝  NMDC iron ore output rises 11.42 pc to 3.51 MT in April
📝  Tata Steel Q4 Results: Profit falls 82% YoY to Rs 1,705 crore; revenue drops 9%
📝  Tata Steel Q4 net dips 84% on lower realisation
📝  ArcelorMittal Nippon Steel India ties up with BITS Pilani’s WILP
📝  Adani Total Gas FY23 standalone net up 5% on higher gas costs
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Gold / Silver & Bullion

📝  Gold declines Rs 225; silver plunges Rs 380
📝  Silver imports in 2023 expected to fall a third to 6,000 tonnes as high prices hit demand
📝  Titan Q4 preview: PAT may rise up to 29-33% on broad-based growth across segment
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Other Metals

📝  Hindustan Zinc's all-cash bid for Vedanta's assets lapses: sources
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Oil & Gas / OMCs

📝  CPCL MD Arvind Kumar among 10 in race for IOC top job
📝  Adani Total Gas Q4FY23 net profit up 21% at Rs 98 crore, revenue at Rs 1,197.31 crore
📝  Reliance-BP to e-auction more gas from KG-D6
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Coal / Mining

📝  Coal India output rises 7.7% in April
📝  NTPC coal production from captives jumps to 2.75 mt in April
📝  Monsoon management plan in works to ensure coal at power plants
📝  NMDC in talks with Australia's Hancock for lithium mining: report
📝  Coal stocks comfortable for thermal plants: CIL
📝  Govt. amends offshore mining law to encourage private mining
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Power

📝  Reliance, Adani, Vedanta among companies in race for Bhadreshwar Vidyut
📝  NTPC coal output from captive mines rises over two fold to 2.75 MMT in April
📝  Adani Green Energy shares jump 5 pc after earnings announcement
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Renewable Energy

📝  Suzlon bags 69.3MW wind energy project from Juniper Green Energy
📝  SECI, NTPC and NHPC to examine stuck solar projects for time extension on case to case-basis
Read More >>


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