Top Indian Metal & Energy Industry News & Updates - 01 July 2025,Tuesday
Govt. Policy / Industry
Rare earth elements found in Telangana coal mines, search expands nationwide: Report
India is stepping up efforts to extract more rare earth elements (REEs) from mining waste, especially from coal mine overburden (byproducts and waste), government sources told CNBC TV18. The expanded exploration is aimed at making better use of resources in open-cast mines. These enhanced exploration, the report added, will cover not just overburden from existing mineral-rich areas but also include coal mines and petroleum sector.
Vedanta Metal Bazaar achieves total sales of ₹40,000 crore
📝 A third of India's 307 city gas distribution areas without pipe connectivity
📝 Steel is the backbone of rising India, says PM Modi
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Iron & Steel
📝 Jindal Steel commissions new line to increase coated products offerings for various sectors
📝 Gujarat-based German Green Steel and Power files DRHP with Sebi for Rs 450 crore IPO
📝 Tata Steel aims to have 20% diversity workforce by 2028
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Aluminium & Copper
📝 Hindustan Copper, Coal India sign MoU for critical minerals
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Gold / Silver & Bullion
📝 Gold prices dip Rs 200 to Rs 97,470 per 10 gram
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Oil & Gas / OMCs
Servotech renewable to install EV charging hub at Bengaluru airport
Servotech Renewable Power System Limited has secured an order from Bengaluru International Airport Limited (BIAL) to install an electric vehicle (EV) charging station at Kempegowda International Airport. The facility will consist of 10 direct current (DC) chargers, each with a capacity of 240 kW, supporting airside EV operations.
S&P Global warns geopolitical tensions may hit global oil demand
Source Credit: ANI, The Tribune
Ban order: Lack of equipment fuels concern
New Delhi: From his elevated office platform at the petrol pump near Anand Vihar railway station, Nischal Singhania observes incoming vehicles while contemplating what it would be like on Tuesday, when restrictions on refuelling by end-oflife vehicles (ELVs) kick in. Although he has briefed his staff about the process, he remains concerned, particularly because the required gear, including speakers, hasn’t been installed yet.
📝 July local natural gas price hits $6.75/MMBtu ceiling
📝 APM gas price hits ceiling of $6.75 per mmBtu
📝 Russia's Rosneft Oil Company in early talks with Reliance to sell stake in India unit
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Coal / Mining
📝 Maithan Alloys to shut down Byrnihat unit in Meghalaya from August 31
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Power
📝 Kalpataru Projects International Limited bags new orders worth Rs 989 crore
📝 DVC inks long-term pact to supply 300 MW power to Karnataka DISCOMs
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Renewable Energy
Adani Green Energy surpasses 15 GW operational capacity
Adani Green crosses 15 GW milestone
The Financial Express
Saatvik Green Energy wins 'brand of the year'; CEO Prashant Mathur named 'CEO of the Year' at outlook business leadership awards 2025
Source Credit: ANI, The Tribune
NTPC Green Energy begins operation of 64.7 MW solar unit in Gujarat
📝 SJVN Green Energy begins commercial electricity supply of additional 100 MW from Bikaner plant
📝 Greenko founders buy Orix Corp's 20% in Greenko Energy for $1.3 bn
📝 Inox Neo Energies acquires Skypower Solar India
📝 AIIB invests ₹1,301 crore in Aditya Birla Capital for green infrastructure
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Nuclear Energy
India may repurpose retired coal plants to generate nuclear power
New Delhi: The Centre is exploring the option of converting retired coal-based power plants to nuclear plants, said two people in the know of the developments.
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