Top Indian Metal & Energy Industry News & Updates - 22 May 2023,Monday
Govt. Policy / Industry
📝 Govt to introduce amendment bill for offshore minerals
📝 ArcelorMittal starts digital consulting biz in India
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Iron & Steel
📝 Very strong India story will play out going ahead: JSW Steel Joint MD & CEO
📝 JSW Steel to use entire Rs 18,000 crore fundraise to refinance debt in FY24
📝 Market expansion. India wants steel mills to increase exports to Tanzania
📝 JSW Steel on track to expand capacity to 37 MTPA, then to 50 MTPA: Jayant Acharya
📝 ‘India’s steel consumption to grow 7-8% on govt spending’
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Gold / Silver & Bullion
📝 Jewellers getting more inquiries for gold after RBI withdraws Rs 2,000 notes
📝 Blackstone acquires International Gemological Institute at enterprise value of USD 525 million
📝 Jewellers getting more inquiries for gold after RBI withdraws Rs 2,000 notes; no panic buying
📝 Malabar Gold and Diamonds gets TRQ licence
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Oil & Gas / OMCs
📝 BPCL agrees to match Brazilian companies' bids for two VOVL Oil assets
📝 IOC, ONGC arm call off Kenya field stake talks
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Coal / Mining
📝 SECL's Gevra mine to be largest coal producing mine in Asia: Coal secretary
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Power
📝 Discoms' dues down by a third to Rs 93,000 crore in less than a year of enforcing Late Payment Surcharge Rule
📝 Adani Power, officials flouted Companies Act: Registrar of Companies
📝 Reliance Power proposes settlement of Rs 1,200 crore to Vidarbha Inds lenders
📝 Hydropower mega-merger proposal likely next month
📝 NTPC FY23 power generation rises 11%, profit up 5.62%
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Renewable Energy
📝 Stree Nidhi revolutionising rooftops in rural Telangana
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International
📝 LG Energy invests in Australian mining firm for lithium supply
📝 Gulf oil giants turn to start-ups in carbon-capture bid
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