Gains for NTPC hinge on faster project execution to recover losses
NTPC reported Q3FY25 operating profit (standalone) in line with consensus but adjusted net profit was below consensus. Generation was up 2 per cent year-on-year (Y-o-Y) in Q3FY25. Under-recovery in coal-based plants stood at Rs 470 crore in 9MFY25 and is likely to decline to Rs 300 crore by FY25 end, according to management.

JSW Steel provides ₹445 cr to surrender coal, iron ore mines
Mumbai: After bidding aggressively for iron ore and coal mines, Sajjan Jindal-led JSW Steel is now spending money to surrender them. One of the largest steel producing company, JSW Steel has written off ₹445 crore to surrender a coal and iron ore mine this quarter.

Tata Steel Q3 net down 43% on lower realisation

Gold’s yearly return at 8% since 1971: WGC
Chennai: Gold prices have increased by 8 per cent on an annualised basis since 1971, comparable with that of equities but higher than that of bonds. The precious metal has outperformed many other asset classes over the past three, five, 10 and 20 years besides 2024, the World Gold Council (WGC) said in a research note “Gold as a strategic asset”.

Oil falls as Trump repeats call for OPEC to cut prices
Oil prices slipped on Monday after U.S. President Trump called on OPEC to reduce prices following the announcement of wide-ranging measures to boost U.S. oil and gas output in his first week in office.

Adani Total Gas added 28 new CNG stations, PNG connections by 28,677 households in December quarter
It expanded PNG home connections to 9.22 lakh, by adding 28,677 new households. Also, it has increased industrial and commercial connections to 8,913 with 167 new consumers added.
 

Adani Total Gas Q3 Results: Profit declines by 19.40% to Rs 142.38 crore, revenue up 12.61% YoY on higher volume
Adani Total Gas Ltd (ATGL) on Monday reported a profit decline of 19.40 per cent for the third quarter of FY25 to Rs 142.38 crore, in comparison to Rs 176.64 crore recorded during the corresponding quarter of FY24. The profit decline was attributed to increased depreciation due to expanding asset base. It posted revenue from operations at Rs 1400.88 crore, up 12.61 per cent as against Rs 1244 crore recorded during the third quarter of previous financial year, on account of higher volume. 

Exicom and ChargeZone partner to deploy 500+ high-power EV charging stations
What does it indicate?

HPCL partners with Delhivery for widespread distribution of lubricants
A step to boost supply chain

Petronet LNG net profit down 27% at ₹867 ccr in Q3
 

IndianOil Q3 profit plunges 77% to ₹2,147 crore on forex, inventory losses
 

Battery swapping industry needs incentives
The recently released “Guidelines for Installation and Operation of Battery Swapping and Charging Stations” by the Ministry of Power is a commendable step. They are designed to put in place a regulatory framework governing all battery swapping and charging stations.

IoCL gets five bids for setting up green hydrogen plant at Panipat: Chairman
Indian oil Corporation (IoCL) has received five bids to set up a 10,000-tonne-per-annum green hydrogen plant at its Panipat refinery, which will be India’s largest plant producing the commodity termed as the climate friendly fuel alternative for hard-to-abate sectors such as refineries, steel plans and heavy-duty logistics. This is the third tender by the state-run oil marketing company (OMC) for setting up the plant. The earlier two tenders were cancelled.

Coal India announces Rs 5.60 interim dividend; record date fixed on Jan 31
Coal India has announced second interim dividend of Rs 5.60 per share and the record date has been fixed on January 31. Payment of the second Interim Dividend for FY25 shall be made by February 26.

JSW Group to invest Rs 2,600 cr to develop 2 copper mines, concentrator plant in Jharkhand
JSW Group to invest Rs 2,600 crore in copper mines, plant in Jharkhand
The Financial Express

Coal India Q3 net falls 17.5% to ₹8,491 crore
 

NTPC Pakri Barwadih Coal Mining project organises exhibition of hand made products made by project affected villagers

The project organized an exhibition at its Sikri site office, where handmade products like lac bangles, mushrooms, various spices, different types of soaps, and beautiful Sohrai paintings were sold through stalls. The stalls were run by people from the project-affected villages, proudly offering their products to employees and others. The project is providing both quality training and full financial support to these villagers, enabling them to produce handmade items such as soaps, spices, lac bangles, and Sohrai paintings, as well as cultivate mushrooms. This initiative is making the villagers more empowered and self-reliant, improving their livelihoods. With the support of the project, they will now be able to sell their products in nearby markets, allowing them to better support their families.

Larsen & Toubro (L&T) on Monday announced that its renewables business vertical has been selected by Masdar, as one of the preferred Engineering, Procurement and Construction (EPC) contractors for the
Larsen & Toubro (L&T) on Monday announced that its renewables business vertical has been selected by Masdar, as one of the preferred Engineering, Procurement and Construction (EPC) contractors for the north site of the world’s first 24/7 solar PV and battery storage gigascale project which will be built in Abu Dhabi. 

With recent dWith recent deals, JSW Energy looks to raise capacity targetseals, JSW Energy looks to raise capacity targets
After its recent acquisitions, JSW Energy plans to increase capacity targets and aims to achieve them earlier than it planned, especially in the renewable energy (RE) segment.