Top Indian Metal & Energy Industry News & Updates - 22 Dec 2025,Monday

Govt. Policy / Industry

Renewable energy capacity addition on the fast track; grid bottlenecks
India made further headway in the renewable energy (RE) sector in the past year, with total RE capacity reaching 262.7 gigawatt (GW) as of November in the current fiscal year 2025-26. That is more than half of the total installed electricity generation capacity.
📝  Electricity bill seeks cost-reflective tariffs, more power for regulators
📝  India and Russia push JVs in critical minerals, rare earths
📝  Funding boost for IREL: Parliamentary Panel calls for tech tie-ups in rare earth mining
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Iron & Steel

Kumaraswamy invites global partners to Bharat Steel 2026
New Delhi: Union Minister for Steel & Heavy Industries H D Kumaraswamy on Friday held an interactive meeting with ambassadors and representatives of key partner countries, inviting them to actively participate in Bharat Steel 2026, the Ministry of Steel’s flagship global conference-cum-exhibition scheduled for April 2026. The meeting saw strong participation from diplomatic representatives of countries integral to the global steel value chain and formed part of the Ministry’s outreach to deepen international cooperation with major steel-producing and steel-consuming nations. Welcoming the participants, Kumaraswamy said their presence underscored the importance India places on trusted international partnerships. He noted that India’s steel sector reflects the country’s broader economic transformation and has emerged as a key pillar of growth, resilience and global integration. The minister highlighted that India is currently the world’s second-largest steel producer, a position achieved through sustained reforms, steady investments and a long-term vision focused on modernisation, self-reliance and sustainability. The sector contributes about 2.5 per cent to GDP and supports nearly 2.8 million livelihoods, with demand driven by infrastructure expansion, manufacturing growth and strategic sectors such as defence and mobility.
📝  Odisha steel output rises 19% as Centre pushes green steel measures
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Oil & Gas / OMCs

Cheap oil-linked LNG supply to India trumps US gas amid trade talks
 
📝  Year in review: Oil makes a comeback in 2025 amid transition hype, with India at the centre of action
📝  Oil prices climb as US blocks Venezuelan tankers, eyes on Russia-Ukraine talks
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Coal / Mining

Coal’s share in India's energy mix to decline to 30-35% by 2047, experts say
New Delhi: The share of coal in India's energy mix will shrink to 30-35 per cent by 2047, and responsible use of the fossil fuel is key to future development, experts said.
📝  Share of coal in India's energy mix to shrink to 30-35 pc by 2047, say experts
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Power

Power demand to rise 1.5-2% in FY26
 
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