Top Indian Metal & Energy Industry News & Updates - 17 July 2025,Thursday
Govt. Policy / Industry
📝 Schneider said to be in talks to buy Temasek’s stake in Indian JV Schneider Electric
📝 Cabinet approves higher green investment limits for NTPC and NLC India
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Iron & Steel
Safeguard duty boosts pricing power of Indian steel-makers
The imposition of safeguard duty on steel imports in April has reined in inward shipments of the alloy rather suddenly, and enhanced the pricing powers of the domestic primary steel-makers.
Tata Steel eyes hydrogen-ready steelmaking at Netherlands plant in green push
📝 AM/NS India expanding capacity for downstream products by more than 51% by this year-end: Dilip Oommen
📝 ArcelorMittal Nippon Steel India commissions new line at Hazira plant to produce high-strength steel
📝 Steel firms to see profit growth amid price hikes, cheaper coking coal
📝 AM/NS India adds 0.5 mtpa of automotive steel output
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Gold / Silver & Bullion
India’s gold imports plunge 40 per cent in June to 21 tons amid record prices, lowest in 2 years
Gold likely to be range-bound in H2 of 2025, says WGC analysis
📝 Gold declines Rs 500 to Rs 98,870/10 g; silver falls Rs 1,000 to Rs 1.11 lakh/kg
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Oil & Gas / OMCs
ISMA urges govt to ban ethanol imports, flags risk
The Indian Sugar and Bio-energy Manufacturers Association (ISMA) has opposed the proposed discussion on allowing ethanol imports under the India-US trade framework, citing that such a move would disrupt the payment of fair and remunerative prices (FRP) to sugarcane farmers and lead to underutilisation of domestic ethanol production capacity.
Assam set to become India’s first state to be a direct oil producer
In a historic first, Assam is set to become the inaugural Indian state whose government will directly produce and financially benefit from crude oil. This development follows a notable hydrocarbon discovery in the Namrup Borhat-1 well, which is located within the state.
Oil breakthrough: Assam to become the first state government in India to produce and profit from crude
Assam is set to become the first state government in India to take a direct role in oil production, marking a significant turning point in the country’s energy sector. The move follows a hydrocarbon discovery in the Namrup Borhat-1 well, located in the Dibrugarh district, a project in which the Assam government holds a “significant stake” alongside Oil India Limited (OIL).
Subhankar Sen takes over as director (Marketing) at Bharat Petroleum Corporation Limited
Source Credit: PTI, The Tribune
Trump’s tariff threats to Russia’s trade partners: What’s next for India’s Russian oil imports
Here are 4 locations where Tesla’s charging stations will come up in Delhi-NCR
📝 Mahanagar Gas to invest Rs 1,500 crore in battery, biogas ventures to diversify beyond CNG
📝 India's Russian oil imports up slightly in January-June, data shows
📝 PNGRB directs city gas companies to stop volume-based differential pricing
📝 GAIL said to be in early talks to buy LNG from Trump-backed Alaska project
📝 Manali Petrochemicals expands Propylene Glycol capacity to back 'Make in India'
📝 Oil rises as demand hopes and economic data lift sentiment
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Coal / Mining
📝 Waiting for Sebi response to queries on Vedanta, says US-based short seller Viceroy Research
📝 Hindustan Zinc bags potash block in Rajasthan
📝 BofA Global Research remains positive on Vedanta on improving credit profile, attractive valuation
📝 Viceroy aftermath: Govt nominees on Hindustan Zinc board may quiz management on Vedanta on July 18
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Power
Investments in thermal to double in three years, says Crisil
Investments in thermal power capacities are expected to double to Rs 2.3 lakh crore in next three years compared to preceding three years, Crisil Ratings said on Wednesday. The rating firm said the doubling will happen because of renewed focus on the segment to help meet India’s growing demand for energy and base load power requirement.
📝 Thermal power investments to double to Rs 2.3 lakh crore in 3 years
📝 SC upholds Himachal's demand for 18% free electricity from JSW Hydro Energy’s Karcham Wangtoo plant
📝 Thermal power segment to attract Rs 2.3 lakh cr investments over three fiscals: Crisil Ratings
📝 Reliance Power board approves Rs 6,000 crore fundraising plan via QIP
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Renewable Energy
NTPC, NLCIL get ₹27,000-cr green push as India hits 50% non-fossil power milestone
In a major boost to India’s clean energy ambitions, the Centre has cleared a ₹27,000-crore equity infusion into two state-run power majors — NTPC Ltd and NLC India Ltd (NLCIL) — for scaling up renewable energy investments. While NTPC was granted an “enhanced delegation” to the tune of ₹20,000 crore; a special exemption was given to NLCIL to the tune of ₹7,000 crore.
India’s ‘green’ power capacity overtakes thermal: Why it matters, the challenges posed, and what’s next
New Delhi:- India has reached a key climate milestone five years ahead of schedule — as of June 30, non-fossil fuel sources account for 50.1 per cent of the country’s installed electricity capacity. These sources — which include nuclear, large hydro, and renewables — made up just 30 per cent of installed capacity in 2015 and 38 per cent in 2020, before rising sharply over the last five years, on the back of solar and wind power.
📝 Delhi updates Solar Energy policy, trebles subsidy
📝 Juniper Green Cosmic, NHPC sign agreement to develop 250 MW FDRE project
📝 Renewable energy push sees NTPC get nod to invest Rs 20,000 crore in green arms
📝 Share of clean energy in electricity still below 30%
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