Top Indian Metal & Energy Industry News & Updates - 24 Dec 2025,Wednesday

Govt. Policy / Industry

📝  China files complaint in WTO against India's measures for solar, IT sectorgoods
📝  Ministry of Coal opens bids for 14th commercial coal auction round, 49 bids received
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Iron & Steel

Vardhman Special Steel announces Rs 475 crore steel facility in Ludhiana
 
📝  Tata Steel plan to buy BlueScope gets CCI nod
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Gold / Silver & Bullion

Deccan Gold Mines invests in Spanish tungsten project, expands critical minerals footprint
Mumbai: Deccan Gold Mines has announced a strategic investment in a tungsten exploration project in Spain, marking the company's entry into a critical minerals asset in Europe amid tightening global supply conditions.
Gold hits record Rs1.40 lakh as Global price nears $4500
The Tribune
https://www.tribuneindia.com/news/business/gold-scales-new-peak-of-rs-1-4-lakh-10g-in-delhi-markets-as-global-prices-hit-records/
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Other Metals

Samadhan CSR initiative touches 1.4 lakh farmers, says Hindustan Zinc
 
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Oil & Gas / OMCs

CAQM notice to six thermal power plants over lapses
New Delhi: The Commission for Air Quality Management (CAQM) has issued show-cause notices to six coal-based thermal power plants located within a 300-km radius of Delhi for failing to comply with mandatory biomass co-firing norms, proposing environmental compensation of about Rs 61.85 crore, officials said on Tuesday.
HMEL to invest ₹2,600 crore at Guru Gobind Singh Refinery
New Delhi: HPCL Mittal Energy (HMEL) said on Tuesday that it will invest Rs 2,600 crore in the Guru Gobind Singh Refinery at Bathinda in Punjab for setting up polypropylene downstream industries and fine chemical projects. Prabh Das, MD & CEO, HMEL, stated that due to the Guru Gobind Singh Refinery, the state has emerged as a major hub for polypropylene manufacturing in India. He informed that nearly 14 per cent of the country’s total polypropylene demand is met by this refinery. He further emphasised that the refinery has been operating continuously without interruption for several years. Das added that apart from producing fuels such as petrol, diesel and gas, HMEL is now planning to further expand industrial activities through fine chemical projects in Bathinda.
Zipbolt unveils ZeFlash.App: AI-powered EV battery diagnostics at CharjKaro’s 100+ EV charging network, supported by MeiTY startups RIIDL SVU–SAMRIDH deeptech AI IoT fund.
New Delhi: As India’s electric vehicle (EV) market scales at an unprecedented rate, Gurugram-based deeptech startup Zipbolt Innovations has announced the launch of ZeFlash.App. This AI-powered EV battery diagnostics and safe-charging application is now live across 100+ CharjKaro-operated fast-charging stations in Delhi and Chandigarh, with active expansion underway in Dehradun, Agra, and other emerging EV hubs.
'No PUC, No Fuel' policy to continue even after GRAP-IV ends: Delhi government
 
📝  CESC inaugurates fast charging unit for EVs in Mysuru
📝  Fuel consumption rises 3% in November; crude output grows 2.6%
📝  L&T onshore vertical bags 'major' order from BPCL to build India's largest flexible petrochemical plant
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Coal / Mining

Is Coal India arm, Bharat Coking Coal IPO likely soon? What we know so far
The IPO market may see an early high-profile entry in 2026. The company in focus here is Bharat Coking Coal (BCCL). It is a subsidiary of Coal India, and is reportedly preparing to hit Dalal Street soon. Though there is no confirmation or official announcement from the company, the buzz indicates that the IPO may see an early 2026 launch.
Coal India board approves listing of two more subsidiaries, Mahanadi Coalfields and South Eastern Coalfields
Kolkata: The board of State-run Coal India has accorded in–principle approvals for listing of two more of its subsidiaries - Mahanadi Coalfields and South Eastern Coalfields - after the Coal Ministry directed the company to take concrete steps to ensure listing of these two coal producing arms.
📝  Round 14: 49 bids for 24 coal blocks
📝  Axis Energy, Reliance Industries emerge as key bidders in coal gasification mine auctions
📝  Coal India shares rise 3.5% as subsidiary Bharat Coking Coal plans Rs 1,300 crore IPO
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Power

NTPC NETRA to launch new waste-to-hydrogen plant in Greater Noida
 
📝  Waaree Transpower bags Rs 100 crore transformer supply order
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Renewable Energy

India reclaims third place in global wind market in 2025: BNEF report data
 
UTL Solar Strengthens industrial solar offering with up to 136kw three phase commercial grid-tied inverters
 
Waaree Transpower bags Rs 100 crore transformer order for 1.27 GW solar projects
 
Growth potential and earnings factored into GE Vernova's valuations
 
📝  Adani clean energy arms see milestone year with scale-up in solar, wind, green hydrogen
📝  Inox Green issues clarification on acquisition of Macquarie's Renewable Platform Vibrant
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Nuclear Energy

Ready to forge nuclear R&D alliance with India: US
Washington is willing to participate in India’s nuclear energy sector and partner in joint innovation and research and development, the US embassy said in a post on X on Monday.
📝  Investors seek independent advisory body for nuclear power
📝  US seeks role in India’s nuclear energy sector on liability law change
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International

📝  Copper scales new peak as zero-fee smelter processing highlights shortages
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Economy

Rupee ends flat at 89.65 on RBI intervention, soft dollar lend support
The Indian rupee on Tuesday ended flat at 89.65 against the US dollar, unchanged from Monday’s close. In the afternoon session, the currency inched up slightly and was trading at 89.83 against the greenback. Analysts said the rupee has been holding ground since the central bank’s intervention, as state-run banks sold dollars aggressively.
Markets end flat: Nifty slips below 26,200, Sensex down 40 points; Infosys, Tech Mahindra in red
Indian equity markets ended the day on a muted note. The Sensex ended the session at 85,531.67, down 0.05%. On similar lines, the Nifty 50 closed at 26,177.15, up 0.02%. The broader banking space also saw mild pressure, with the Nifty Bank ending the day 0.04% lower.
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