Indian Metal & Energy Industry News & Updates - April 2024
Govt to auction another 20 critical mineral blocks soon
New Delhi: The government plans to put up another 20-odd critical mineral blocks for auction in the next round by the end of June, Secretary of the Ministry of Mines VL Kantha Rao said on Monday.
India's gems & jewellery exports decline to a three-year low in FY24
Amid govt's renewables push, coal-fired power plants hold their own
New Delhi : As India embarks on its ambitious energy transition goals, the government's heading in the opposite direction to meet the country's ravenous energy needs, with plans to set up six thermal power generation hubs with a cumulative capacity of 30 GW.
Indian power plants on full steam riding crash in global coal prices
New Delhi : If there could be some degree of respite for the common folk during this year’s overheated summer, it might be fewer electricity outages. And they might want to thank China for that.
India’s natural gas consumption to surpass 64 BCM in 2024
New Delhi: Natural gas consumption in India is expected to grow by 7 per cent y-o-y to 64.35 billion cubic meters (BCM) in the current calendar year aided by lower prices and rising demand from power and industrial sectors. According to the International Energy Agency (IEA), India is expected to see an increase in LNG imports due to the decline in spot LNG prices in 2024. However, this growth could be tempered by the increase in domestic gas production from ONGC’s Krishna-Godavari field.
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