SAIL achieves best sales turnover of over Rs 1 trillion during FY24
 

British Petroleum holds meeting in India, reflects growing presence
 

NMDC eyes lithium block acquisition in Australia & Africa
New Delhi: India’s largest merchant iron-ore miner, NMDC Ltd is eyeing “strategic acquisition” of lithium blocks in Australia and Africa, and is carrying out “due diligence” of potential assets in these countries, the company’s Chairman-cum-Managing Director (Additional Charge) and Director of Finance, Amitava Mukherjee, told businessline.

Indian steelmakers seek higher tariffs as Chinese imports surge
India's steelmakers have called on the government to double tariffs on steel imports to curb a surge in cheaper steel shipments from China, according to a letter from an industry association seen by Reuters.

Anant Ambani, Murray Auchincloss inaugurate Jio-bp’s 500th EV-charging station in Mumbai
Reliance Industries Limited (RIL) Director Anant Ambani and Murray Auchincloss, bp CEO, on Thursday inaugurated the 500th Jio-bp pulse EV-charging station at the Jio World Convention Centre in Bandra Kurla Complex (BKC), Mumbai.

Argentina eyes LNG megadeal: YPF CEO’s bold move to secure India’s energy future
In a bold bid to secure Argentina’s place in the global energy market, YPF, the leading energy company in Argentina, has set its sights on India for a long-term liquefied natural gas (LNG) deal. YPF officials, including CEO Horacio Marin, recently visited India, engaging with energy companies such as Petronet LNG Ltd. to lay the groundwork for Argentina’s future as a key LNG exporter. As Marin revealed in an exclusive interaction with Financial express Online, India is seen as a critical market for Argentina’s ambitious plans to develop its Vaca Muerta shale gas reserves.

Boosting EV infra! Bharat Petroleum extends partnership with Ionage
Bharat Petroleum has announced to extend its partnership with Ionage with the aim to enhance the accessibility and convenience of electric vehicle (EV) charging infrastructure across the country. The launch of BPCL’s BPC eDrive initiative, in 2022, led to the extension of the partnership, to integrate the company’s EV chargers into Ionage’s unified platform.

Headroom to cut petrol, diesel prices by INR 2-3/ltr: ICRA
A reduction in crude oil prices in recent weeks has improved margins on retail auto fuels, providing state-owned firms a headroom to cut petrol and diesel prices by INR 2-3 per litre, rating agency Icra said on Thursday. The price of a basket of crude oil India imports averaged USD 74 per barrel in September, down from about USD 83-84 a barrel in March when petrol and diesel prices were last cut by INR 2 per litre.

Domestic coal production up, imports still necessary
There is a “critical need” for coal imports, and the country has reported a marginal rise of 0.9 per cent to 90.51 mt in the April-July period of FY25, according to an official statement.

RPower arm prepays Rs 850-crore debt to Varde Partners
Reliance Power on Wednesday said its subsidiary Rosa Power has prepaid Rs 850 crore of its debt to Singapore-based lender Varde Partners. With this repayment, Rosa Power is on track to become debt-free, it said.

‘Want to double our business in Southeast, West Asia’: MD & CEO Ashish Bhandari , Thermax
Pune-based Thermax is looking to boost its energy transition play. The company recently entered into a tie-up with UK-based Ceres Power for electrolyser manufacturing and is eyeing a market share of 10-20% by 2030. Managing director and CEO Ashish Bhandari shares the company’s plans and strategy during an interview with Raghavendra Kamath. Excerpts:

NTPC Green, Mahapreit in JV to develop 10 GW green capacity
NTPC Green Energy Ltd (NGEL), which is preparing for a public listing, has entered into a joint venture with Mahatma Phule Renewable Energy and Infrastructure Technology Ltd (Mahapreit) to develop renewable energy parks and projects with a cumulative capacity of 10 GW across Maharashtra and other states.

Zetwerk secures solar PV module manufacturing order worth about ₹2,500 crore from NTPC
New Delhi: Zetwerk Manufacturing won an order for 1,515-megawatt peak (MWp) of solar photovoltaic (PV) modules from state-run NTPC, the company said on Thursday.

IPO bound NTPC green energy inks JV pact for 10 GW RE projects
IPO bound NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Ltd has entered into a Joint Venture Agreement (JVA) with Maharashtra’s state-run Mahatma Phule Renewable Energy and Infrastructure Technology Ltd to undertake development of renewable energy parks in the country.

Zetwerk bags second contract for solar PV manufacturing from NTPC for ₹2,500 crore
Bengaluru: Zetwerk Manufacturing, a managed marketplace for contract manufacturing, secured a second order from NTPC to manufacture and supply 1,515 megawatt peak (MWp) of solar photovoltaic (PV) modules, including spares from NTPC for the 1,200 MW Khavda solar project. The contract is valued at ₹2,500 crore, as per sources.

Trade barriers with China will adversely impact us: NTPC Green Energy
 

Saatvik Solar seeks PE funds, eyes IPO
 

Himachal Pradesh: Solar power project cloud over snow leopard habitat in Spiti