Top Indian Metal & Energy Industry News & Updates - 10 July 2025,Thursday
Govt. Policy / Industry
📝 Storage system must to meet clean energy targets, says Manohar Lal
📝 India may meet non-fossil fuel power capacity target by year-end, says Manohar Lal
📝 India plan to boost rare earth goals draws Vedanta, JSW interest
📝 China’s rare earth chokehold may open some doors for India
📝 Draft guidelines to incentivise domestic production of rare earth minerals on anvil
📝 India plans tariffs to counter US steel & aluminium duties
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Iron & Steel
JSW Steel output grows 14% to 7.26 MnT in Q1
However, on a quarter-on-quarter (q-o-q) basis, the production was lower by 5 per cent compared to 7.63 MnT during January-March or last quarter of FY25, primarily due to planned maintenance shutdowns of blast furnaces, JSW Steel said in a filing.
India's iron ore pellet makers seek curbs on Iranian imports via Oman
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Aluminium & Copper
No impact of 50% copper tariffs by US on Indian companies, says industry
The proposed 50 per cent import tariff on copper announced by US President Donald Trump will not have any impact on Indian companies as the country is copper-deficient, according to an industry official.
Copper imports skyrocket, net forex outflows $8.3 billion in FY25
India’s copper production has dropped from 843 kilo tonne (KT) in FY18 to 573 KT in FY25, even as demand for the metal has risen at scorching pace due to new uses in sunrise industrise, reports Saikat Neogi.
Copper shock: Hindustan Copper slides as Trump’s 50% tariff sparks investor concerns
Hindustan Copper share price is in focus and the share price has slipped nearly 3% intra-day as US President Donald Trump said that he would announce a 50% tariff on copper. US Commerce Secretary Howard Lutnick said shortly afterwards the copper tariffs would likely be in place by the end of July or August 1.
H&H Aluminium Pvt Ltd inaugurates india's largest solar panel frame plant in Rajkot, Gujarat
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Oil & Gas / OMCs
Govt unveils more safeguards for investors in oil & gas sector
The ministry of petroleum and natural gas has introduced of an investor-friendly stabilisation clause in its recent draft Petroleum & Natural Gas Rules, 2025, under which holders of exploration and production rights will be be protected from adverse impacts of future legal or fiscal changes, such as increases in taxes, royalties or other levies, via compensation or deductions.
Draft PNG Rules introduced aimed at modernising India's upstream oil-gas framework
The Minister urged all stakeholders, industry leaders, experts, and citizens to share their feedback on the Draft, the revised Model Revenue Sharing Contract (MRSC) and the updated Petroleum Lease format by July 17, 2025, at png-rules@dghindia.gov.in.
GAIL inks long-term gas sale & purchase agreement with OIL
The agreement is to supply up to 900,000 standard cubic meters per day (SCMD) of natural gas from OIL’s Bakhri Tibba Block of Rajasthan covering Dandewala, Tanot and Bagi Tibba fields.
📝 India to explore oil in 2.5 l sq km
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Coal / Mining
📝 India gets serious about stone-tainted coal in its supply chain
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Power
📝 Over 27 lakh power sector workers participated in general strike on Wednesday
📝 Over 27 lakh power sector workers participated in general strike on Wednesday
📝 Around 12,500 MW BESS projects under tendering
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Renewable Energy
Waaree Energies account for 13.9% share of total module shipments in FY 25
Ahmedabad: Waaree Energies Limited, has reinforced its position as the nation’s top solar module supplier, capturing a commanding 13.9 per cent share of total module shipments in FY2025, stated the company quoting the JMK Research & Analytics Annual India Solar Report Card.
India to have 472 GW RE capacity by FY26 end
IVCA Renewable Energy Summit 2025 Set to Spark India's Green Investment Push
📝 June renewable capacity addition zooms to 7.3 GW
📝 MCD likely to install rooftop solar panels on 989 buildings to cut power costs
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