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
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