PM Suryaghar, PM Kusum beneficiaries are ambassadors of India’s RE journey: MNRE

“Had the opportunity to welcome 750 special guests, who are also the beneficiaries of the PM Kusum and PM SuryaGhar Yojana. Thanked them for joining us from all parts of the country. Appreciated how they are leading the charge in India’s RE journey,” Joshi said. Common people are now at the heart of India’s renewable energy revolution. Their work, dedication, and success are proof of what India can accomplish as a nation. They are also the ambassadors of India’s RE movement, he emphasised.

Deep Dive. Steel sector faces a test of resilience
Pune: As the world’s second-largest steel producer, the steel sector in India is a force multiplier for economic progress, yet the journey ahead demands bold action. With sluggish demand, gaps in capacity utilisation, and ambitious targets for 2030-31, the industry faces a test of resilience and an opportunity to redefine its global standing.

Will take action to protect Indian steel industry from dumping; Engaging with Europe for fair trading environment : HD Kumaraswamy
New Delhi: India could explore policy measures such as anti-dumping duties, safeguard measures apart from stricter quality control measures to curb rising imports, says HD Kumaraswamy, the Union Minister for Steel and Heavy Industries. Speeding up PLI investments towards driving speciality steel-making, tapping into new export markets to counter trade barriers being mulled by Europe, while ensuring raw material and supply chain security for domestic-steel makers feature prominently on the Ministry’s radar. Kumaraswamy is also keen to push and incentivise green steel-making in the country.

Any increase in import duty in Budget may have adverse effect: World Gold Council

In an apparent request not to raise import duties on the precious metal ahead of the 2025-26 Budget, Sachin Jain, Regional CEO, India, WGC, said, "Any increase in import duties in the upcoming budget may have adverse effects, potentially leading to an increase in smuggling, higher domestic gold prices, and pushing the industry backwards."
 

Hindustan Zinc likely to turn net debt-free by FY'26: Report
https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/hindustan-zinc-likely-to-turn-net-debt-free-by-fy26-report/articleshow/117577046.cms

India’s natural gas import bill up 20% in Apr-Dec
India’s natural gas import bill surged by 19.4% to $11.7 billion during April–December of the current fiscal, compared with $9.8 billion in the same period last year, driven by rising consumption, according to data from the Petroleum Planning and Analysis Cell (PPAC). In December, the import bill increased by approximately 9% to $1.2 billion, compared to December 2023.

Easing crude oil prices: What does it mean for India?

Mumbai: Nearly a week since Donald Trump assumed office as the 47th President of the US, and declared a national energy emergency while promising to increase oil production in America, Brent crude oil prices have softened by around 3 per cent.

SCCL to look for opportunities overseas for mining critical minerals
Hyderabad: Singareni Collieries Company Ltd (SCCL) has decided to look for critical mineral mining opportunities overseas. SCCL, which is jointly owned by the Telangana government and Government of India, has been asked to diversify its portfolio while it continues to remain focused on domestic coal production.

Govt may hike cess levied on coal production to boost pension corpus
 

Power producers may face Rs 1,000-cr loss after CERC bars payment till plants begin operation
The Association of Power Producers has expressed strong opposition to the Central Electricity Regulatory Commission’s (CERC) recent regulation that eliminates payments for power supplied to the grid before the start of commercial production. In a letter dated January 23, the association called for a review of the norm, stating that it could lead to financial losses for power producers.

NTPC Q3 Results: Net profit rises 3% YoY to Rs 4,711 crore, dividend declared at Rs 2.5 per share
NTPC Q3: 3.1% growth in net profit, declares Rs 25 interim dividend
The Financial Express

Partners Group-backed Sunsure Energy signs 300MW power deal with SECI
The Partners Group-backed independent power producer Sunsure Energy has signed its first utility-scale solar power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) to supply 300 megawatts of renewable energy.

Waaree Energies's solar dreams and the Trump policy conundrum
After a blockbuster debut on the BSE in October 2024, when its shares listed at a 69.66% premium, Waaree Energies has seen its performance falter dramatically. The stock has plunged 37% from its peak of ₹3,743, closing at ₹2,355.95 on 23 January, 2025. The sharpest blow came on 22 January, when the stock plummeted by 10% in a single trading session triggered by the expiration of a shareholder lock-in period, which escalated its selling pressure.

Global majors to power Tamil Nadu's Rs 42K crore green hydrogen hub