Top Indian Metal & Energy Industry News & Updates - 13 May 2023,Saturday
Govt. Policy / Industry
📝 Green Hydrogen adoption in India – Opportunities, challenges and the way ahead
📝 Arunachal to ink pacts with four PSUs for 13 hydro projects
📝 Board of Ratnamani Metals declares 600% dividend, net profit up 73% YoY in Q4
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Iron & Steel
📝 Tata Steel Mining inks pact to get LNG for Odisha plant from BPCL
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Gold / Silver & Bullion
📝 Gold tumbles Rs 710; silver plummets Rs 2,690
📝 Diamond trade bleeding as demand from US, China plummets
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Oil & Gas / OMCs
📝 HPCL Q4 results: Net profit jumps 79% to ₹3,608 crore on declining crude oil prices
📝 Indraprastha Gas Q4 PAT declines 9%, revenue rises over 50%
📝 Oil prices fall, set for 4th weekly drop, as demand fears weigh
📝 Castrol India launches new range of vehicle care products
📝 Indraprastha Gas reports 8% decline in Q4 net profit at ₹398 crore
📝 NDMC to add new EV charging stations, battery swapping points in New Delhi
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Coal / Mining
📝 Vedanta Q4 net profit down 57% on lower realisation
📝 Vedanta Q4 Results: Net profit plunges 68% YoY to Rs 1,881 crore
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Power
📝 KKR's two InvITs - IndiGrid and Virescent - merge in first-of-a-kind deal
📝 Torrent Power incorporates wholly-owned subsidiary TU14 to carry biz in power sector
📝 Tata Power’s TPSL to add 200 MW of solar power to Rajasthan grid by 2024
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Renewable Energy
📝 IndiGrid to acquire Virescent Renewable Energy Trust for up to Rs 4,000 cr
📝 ADNOC Distribution to install solar panels on service stations
📝 TP Saurya, Tata Power Trading Company ink pact to set up 200 MW solar project in Rajasthan
📝 IREDA engages with stakeholders, discusses future plans for renewable energy sector development
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Economy
📝 Rupee likely to struggle at open on weak Asia peers
📝 Sensex rises 123 points to close above 62,000-mark on gains in banking, auto shares
📝 Markets fall in early trade on weak global trends
📝 Finance Minister meets IMF MD Georgieva on sidelines of G7 meeting
📝 India's forex reserves jump by $7.2 billion to $595.98 billion
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