Top Indian Metal & Energy Industry News & Updates - 15 April 2025,Tuesday

Govt. Policy / Industry

📝  Vedanta's Rs 50,000 cr investment in Assam: CM Himanta holds talks to prepare detailed plan
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Iron & Steel

Tata Steel Europe revival hinges on gains from Netherlands’ reorganization
When the going gets tough, the tough get going, and that’s what Tata Steel Ltd is doing. Last week, Tata Steel Nederland announced a crucial transformation programme aimed mainly at reducing costs in the backdrop of tightening spreads in the European steel market.
UK bullish on British Steel after seizing control from Chinese owners
Britain expressed confidence on Monday that it could secure enough raw materials to keep the blast furnaces burning at its last maker of virgin steel, after the government seized operational control from its Chinese owners.
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Gold / Silver & Bullion

India’s gold demand stalls as prices spike, futures trade at discount amid volatility
Hobbled by surging prices in the past week, Indian gold jewellery buyers have tightened their purse-strings in the hope that prices will ease in the coming weeks ahead of auspicious gold buying occasions. This has come at a time of unbridled volatility in global financial markets, with questions being raised over the dollar’s pre-eminence as a safe-haven asset.
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Oil & Gas / OMCs

Opec trims oil demand forecast for the first time since December amid trade tensions
The cartel of world’s largest oil producers Opec has cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the impact of data received for the first quarter and the tariff measures announced by the United States.
Oil glut, EV surge, focus on renewable energy: India’s energy titans reveal what’s next for Oil & Gas industry
New Delhi: Global oil demand is flattening, diesel growth in India is stagnating, and the world is sitting on a 9 million barrels/day surplus—these were some of the key signals from India’s top oil and gas executives at a high-powered panel marking the 24th Foundation Day of Petroleum Planning & Analysis Cell (PPAC).
Driving change – Flex fuels and grain ethanol to power India’s green future
India’s transition to cleaner energy sources has entered a pivotal phase with the Ethanol Blended Petrol (EBP) Programme, a key pillar of the nation’s strategy to cut crude oil imports, lower carbon emissions and uplift rural economies. At the core of this programme lies grain-based ethanol—a domestic, renewable and scalable solution that has the potential to revolutionise both the agriculture and energy sectors. The future of this revolution, however, hinges on more significant adoption of flex-fuel technologies and sustained support for maize and other grain production.
EV adoption poses a financial risk for India’s leading automakers, power grid needs a reboot: Imperial College study
 
📝  Amid tariff brawl, oil prices may not fall to 2015-16 level: BPCL
📝  Diesel demand growth falls to lowest since pandemic
📝  Bioenergy summit to be held in Delhi on May 8-9
📝  Govt to set fresh target of 30% ethanol blending in petrol by 2030
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Opec

OPEC slashes 2025 global demand growth forecast on Trump tariff-impact: Where is crude oil headed now?
 
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Coal / Mining

Coal exchange likely to be set up by FY27
The government is likely to set up the proposed coal exchange, which will provide a platform for purchase and sale of domestically produced coal by the next financial year, official sources told FE. The need for a coal exchange comes amid the rising domestic production of coal. which crossed 1 billion tonnes in FY25. 
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Power

GMR Power to sell stressed assets to deleverage balance sheet by Rs 4,400 crore
Mumbai: In its effort to reduce debt levels, GMR Group firm - GMR Power and Urban Infra Ltd (GPUIL) -  is deleveraging stakes worth close to Rs 4,400 crore in non-operating assets by spinning off the gas plants and stressed assets.
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Renewable Energy

Gensol Engineering declares stock split in 1:10 ratio. Details here
Stock Split 2025: Gensol Engineering will remain in focus on Tuesday, April 15, as the company has declared a stock split in the 1:10 ratio.
India’s power capacity addition hits 9-year high in FY25

📝  Jupiter International secures Rs 500 cr investment
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International

📝  Back to Russian gas? Trump-wary EU has energy security dilemma
📝  Copper gains 13% in a week on tariff exemptions and China stimulus hopes
📝  British Steel appoints long term employees as interim CEO, CCO
📝  Cyient bags contract in Norway’s hydrogen project
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