Need to bring startups to boost green hydrogen: Pralhad Joshi
New and Renewable Energy Minister Pralhad Joshi on Wednesday stressed on the need to bring startups into the green hydrogen sector to bring new ideas and involve youth. Addressing a curtain raiser of the second International Conference on Green Hydrogen India 2024, Joshi said that there will be over 120 exhibitors in the event which is scheduled on September 11-13, 2024 in Delhi.

SBL Energy sets up TNT plant in Nagpur

Growing demand

Govt mulls import duty hike on steel to counter Chinese ‘dumping’
New Delhi: The Steel Ministry has backed industry’s demand for an import duty hike on the metal offerings coming in, particularly from China and other South-East Asian nations. The pitch – to the PMO and Finance Ministry – would be to raise tariffs to 10-12 per cent, from the existing 7.5 per cent, Steel Minister HD Kumaraswamy said.

Steel firms may ward off import threat with higher tariffs; Minister says will ask finance ministry to raise duties to 10-12%
India’s primary steel manufacturers including Tata Steel, JSW, AM/NS and state-run SAIL may get a reprieve from the prospect of “unsustainable prices’ wiping off their margins, in the form of higher import tariffs on their key products like hot rolled coil (HRC).

Copper futures approaching a support
Copper futures on the Multi Commodity Exchange (MCX) fell off the resistance at ₹820 last week. It dropped below the support at ₹800 and closed at ₹785.35 on Tuesday. While the inclination appears bearish, the copper futures (September) has a support at ₹774. The bears are likely to drag the price below this level to establish another downtrend. If the support at ₹774 is breached, the contract can decline to ₹740-750, a strong base. Subsequent support is at ₹720. But if there is a recovery from the current level, the copper futures will again face a barrier at ₹820. Only a breakout beyond this can turn the outlook positive.

Silver futures decline to ₹82,801 per kg after reduced bets
New Delhi: Silver prices on Wednesday plunged ₹451 to ₹82,801 per kilogram as participants reduced their bets. On the Multi Commodity Exchange, silver contracts for December delivery declined by ₹451 or 0.18 per cent to ₹82,801 per kg in a business turnover of 32,686 lots.

The dawn of a new Nickel era
In a bold and visionary move, Finance Minister Nirmala Sitharaman has ushered in a transformative era for India’s industrial landscape in the latest Union Budget 2024- 2025 (FY 25). By totally exempting 25 critical minerals, including nickel, from basic customs duties (BCD), the Indian government has set the stage for a significant leap towards self-sufficiency in key natural resources. This decision is not just a policy recalibration; it is a strategic move aimed at positioning nickel as a cornerstone of India’s economic development and technological advancement.

Indian Oil hits impressive biodiesel blending ratio, sets new benchmark by blending 23.24 crore litres of biodiesel
Indian Oil has achieved a notable industry milestone by blending 23.24 crore liters of biodiesel with regular diesel, reaching a 0.49 % blending ratio, surpassing the 0.43 % blending ratio of other oil marketing companies, data showed on September 4. This achievement is part of Indian Oil's broader efforts to promote sustainable energy.

Indian Oil hits impressive biodiesel blending ratio, sets new benchmark by blending 23.24 crore litres of biodiesel
Indian Oil has achieved a notable industry milestone by blending 23.24 crore liters of biodiesel with regular diesel, reaching a 0.49 % blending ratio, surpassing the 0.43 % blending ratio of other oil marketing companies, data showed on September 4. This achievement is part of Indian Oil's broader efforts to promote sustainable energy.

India’s top oil explorer may set up refinery in Uttar Pradesh
India’s Oil and Natural Gas Corp. is considering setting up a multibillion dollar refinery and petrochemical project in the nation’s most populous state to bolster its business as fuel demand expands.

Govt conducting feasibility study to transport green hydrogen through pipelines
The Central Electricity Authority in collaboration with state-owned energy and power companies including GAIL, IOCL, and NTPC is conducting a feasibility study to explore possibilities and cost dynamics of transporting green hydrogen through pipelines from renewable energy zones to ports to meet domestic demand as well as exports.

Govt studying feasibility of pan-India pipeline for transporting green hydrogen
The government has launched a study to ascertain the cost dynamics and reliability of transporting green hydrogen through pipelines from renewable energy zones to ports for domestic consumption and exports.

Plan afoot to put out approved list of cos & models for solar cells: Pralhad Joshi
Solar cells production to come under approved list
The Financial Express
https://www.financialexpress.com/business/industry-solar-cells-production-to-come-under-approved-list-3601782/

Half Of gen Z Prefer Solar Energy: Survey