Top Indian Metal & Energy Industry News & Updates - 11 Aug 2025,Monday
Govt. Policy / Industry
📝 GAIL, Hindustan Copper signs MoU to jointly explore and develop critical mineral resources
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Iron & Steel
India ramps up steel capacity plans despite global surplus, eyes 300mt by 2031
Indian steel makers are pressing ahead with plans to add new capacity, betting on the strategic imperative of maintaining domestic primary steel production outweighing concerns over global overcapacity, amid mounting trade frictions and geopolitical uncertainty.
📝 Tata Steel eyes Rs 7,000-crore gross merchandise value from 'Aashiyana' in FY'26
📝 Stainless steel industry seeks anti-dumping duties on cheap imports to protect local players
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Gold / Silver & Bullion
📝 Gold may rally further amid macro uncertainty, global tariff tensions: Analysts
📝 Indian diamantaires likely to shift cutting, polishing work to Dubai
📝 Gold or silver or both?
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Oil & Gas / OMCs
‘Ethanol blending will lower petrol prices’, NITI Aayog’s 2021 report surfaces
The Indian government has sparked outrage after implementing 20% ethanol blending in petrol — marking a nearly 13x increase over the past 11 years. The move has been met with sharp resistance from vehicle owners, with many expressing concern about its impact on car performance. Pricing of ethanol-blended fuel also remains a key flashpoint as it maintains parity and even exceeds petrol in many areas despite lower production costs. It is pertinent to note that the NITI Aayog had recommended a reduction in price as early as 2021, as well as urging the government to implement tax breaks for those using E20 fuel.
Govt is prepping to conquer the biggest fear among EV buyers
New Delhi: The government is finalizing the operational guidelines for installing electric vehicle public charging stations in the country under the ₹10,900 crore PM E-drive scheme based on aggregated demand from state-owned companies to reduce the upfront costs, according to two people aware of the development.
Indian Oil Corporation confirms adding 20% Ethanol blending in premium XP95 and Motor Spirit variants in Kolkata
An RTI query to Indian Oil Corporation (IOC) has confirmed that petrol sold in Kolkata — both XP95 premium fuel and normal Motor Spirit — contains 20% ethanol by volume. The reply, dated July 3, 2025, was signed and issued by IOC’s Public Information Officer in response to an application filed on June 7, 2025.
Gujarat Gas to foray into sale of propane gas; targets ceramic cluster in Morbi
Ahmedabad: Gujarat Gas Ltd -- one of the biggest City Gas Distribution (CGD) companies in India providing Piped Natural Gas (PNG) to over 4,430 industrial customers -- has decided to foray into sourcing and sale of propane gas. The state-run company will first sell to the ceramic units in Morbi in Gujarat, where industries are increasingly using “cheaper” propane as fuel.
Govt to review petrol pump licensing norms
Centre forms panel to review petrol pump licensing norms
The Financial Express
India's US crude imports surge in 2025; Russian supplies remain steady
India has increasingly turned to the United States to meet its crude oil needs since January 2025, with imports rising sharply, according to data from Kpler.
Mileage woes, engine damage worries: As E20 fuel blend sparks off backlash, Brazil’s calibrated approach offers a template
India has billed its ambitious push for E20 petrol — 20 per cent ethanol blended fuel — and a progressive move towards E27 to be a green leap forward. For car owners, especially those driving older models, the transition is proving to be a leap of faith instead, amid growing concerns around falling mileage and potential engine damage. Sections of increasingly vocal vehicle owners are now saying they weren’t given a choice in this fuel transition or made aware of the potential ramifications of increased blending. A decades-long push for blended fuel in Brazil may have a template for how India could move forward.
Kolkata motorists flag E20 petrol issues after Gadkari says ‘show a single instance’ of damage
India should consider whether cheap Russian oil beneficial after US imposes tariffs: Nobel laureate Banerjee
📝 Industry body ISMA backs ethanol-blending programme, dismisses misinformation
📝 E20 rollout achieved ahead of schedule; govt eyes higher ethanol blends, SAF adoption: Puri
📝 Nagpur expands electric vehicle infrastructure with 11 new charging stations
📝 Indian refiners can do without Russian oil, but with trade-offs
📝 Saudi Aramco likely to have 20% stake in BPCL’s Ramayapatnam refinery
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Power
Spot power prices down 16% in July: IEX
Electricity prices in the spot market declined by 16% year-on-year during July despite the increase in demand, owing to higher supply side liquidity on the exchange platform, according to data from the Indian Energy Exchange (IEX).
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Renewable Energy
ReNew gets ready for India IPO, picks advisers
ReNew, which had listed on Nasdaq at an enterprise value of $8 billion through a merger with Riverside Management Group’s acquisition vehicle (SPAC), is ready for an initial public offering (IPO) in India, and simultaneous delisting from the US, said sources. It has picked investment bankers for its India listing and is finalising valuation, they added.
The Adani Green deep dive: Why its hybrid plan has investors excited
Adani Green Energy Ltd (AGE) is trying something most energy companies in India haven’t mastered yet: it’s combining solar, wind, and batteries in a way that makes clean energy accessible even when the sun isn’t shining or the wind isn’t blowing.
NTPC willing to invest ₹80,000 cr in solar and wind power projects in Telangana
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