Top Indian Metal & Energy Industry News & Updates - 05 May 2023,Friday
Govt. Policy / Industry
📝 India may amend power policy draft to halt new coal-fired capacity
📝 Central Electricity Authority revises down FY30 peak power demand projection a tad
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Iron & Steel
📝 AMNS India to invest $7.4 billion on capacity expansion, value addition
📝 ArcelorMittal Q1 Results: Net income falls over 73% to $1,096 million
📝 Steel prices drop first time since January on weak global cues, slowdown in domestic buying
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Aluminium & Copper
📝 Sterlite copper unit: SC directs Tamil Nadu to take decisions by June 1 in pursuance of its April 10 order
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Gold / Silver & Bullion
📝 Gold rallies Rs 940 to record high of Rs 62,020; silver zooms Rs 660
📝 Malabar Gold & Diamonds to open the world’s biggest jewellery showroom in Kozhikode
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Oil & Gas / OMCs
📝 Charging infrastructure important for transition to EVs
📝 India's oil imports from Russia seen peaking in May amid China competition
📝 Chargeup opens 35 new EV stations in Mathura district
📝 Charging infrastructure important for transition to EVs, says BEE Director General
📝 Auditor named in Hindenburg report resigns from Adani company
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Coal / Mining
📝 Coal India to pump in Rs 91,000 crore on diversification, other projects by FY26: P M Prasad
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Power
📝 Tata Power’s March quarter PAT jumps 55%
📝 Power exchange prices up 3% m-o-m in April
📝 PFC plans bond issues to raise Rs 6,000 crore
📝 Govt amends power policy draft to halt new coal-fired capacity: Report
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Renewable Energy
📝 Mitsui, Osaka Gas bid for ReNew C&I
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Nuclear Energy
📝 Does nuclear power have a role in our climate change strategy?
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International
📝 Iron ore continues downtrend on weak China factory activity data, demand worries
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