Modi government push Indian steelmakers for overseas raw material deals
The Centre has exhorted Indian steelmakers to acquire coking coal and iron ore assets abroad to ensure raw material security for the country.

Steel Ministry mandates sector-wide data reporting under new policy push, penalties for non-compliance
The directive targets a broad swath of informants—producers, traders, exporters, importers, and industry associations—tasking them with providing detailed statistics on prices, production, installed capacity, inventory, input consumption, exports, imports, sales, logistics, infrastructure, and even the social and environmental impacts of steel production. 

Oil posts weekly fall on tariff worry and rising supplies
Oil prices edged higher on Friday but posted a weekly decline, under pressure from market expectations of oversupply and uncertainty around tariff talks between the US and China.

Coal India introduces a dress code for its workforce
Use of dress code in mines, exploration sites, refineries, fuel stations is common, but at the executive level is something which has been attempted but tough to implement. Though for special occassion most of the entities have their own colour code to be worn.

How transition credits can aid early phaseout of coal-fired power plants
Early closure of coal-powered energy plants will hasten the achievement of global climate targets — namely net zero emissions to contain rising temperatures to 1.5-2 degree C higher than pre-industrialisation averages. But cutting the lifespan of a plant is a costly affair. Enter ‘transition credits’ as a potential solution.

Bridging the electricity demand-supply gap
 

Fortum exits India renewables market with sale to I Squared's Hexa Climate
New Delhi : Finland's state-run energy utility Fortum Oyj is exiting India's renewable energy market by selling its platform Fortum India Pvt Ltd (FIPL) to New York-based I Squared Capital-backed Hexa Climate Solutions, in a deal that includes its management company and carbon credits, two people aware of the development said.

Solar imports fall
In FY 2021-22, import of solar PV cells and modules was valued at around $4.5 billion. This has fallen to $2.5 billion in FY 2024-25 until December 2024. Thus, various policy measures taken by the government have resulted in reduction of imports of solar PV cells and modules; the exemption from customs duty on the specified goods for manufacturing solar cells and modules could further help reduce imports, the Ministry of New and Renewable Energy told Parliament recently.

India adds 25.3 GW solar module, 11.6 GW cell capacity in 2024
 

India should keep all its nuclear power options in play
India has a proposal under consideration to allow foreign direct investment (FDI) up to 49% of equity—subject to government approval—in nuclear power plants, as reported. This would be a helpful move. Like the rest of the world, we need fresh sources of clean energy. 

Nuclear plants may get 49% FDI nod
India could allow foreign companies to take a stake of up to 49% in its nuclear power plants, three government sources said, as New Delhi draws up plans to open up its most-guarded sector to help achieve goals to cut carbon emissions. The government has considered changing its nuclear foreign investment framework since 2023. The need to increase nuclear capacity, however, has become pressing as India seeks to replace carbon-intensive coal with cleaner sources of energy.