Vedanta to raise upto ₹5,000 crore via unsecured bond issue for refinancing
 

Green push: Jindal Stainless boosts renewable energy footprint with Rs 132 crore investment, targets net zero by 2050
Jindal Stainless is expanding its renewable energy footprint. The company has invested Rs 132 crore to generate 282 MW of renewable energy from solar and wind projects. It aims to reduce reliance upon fossil fuels and coal-based energy sources. 

ArcelorMittal Nippon Steel bets on AP as Odisha project slows on land acquisition delays
 

NMDC hits record iron ore output and sales in May
 

Oil rises on Iran, Russia and Canada supply concerns
Oil prices rose in early Asia trade on Tuesday on concerns about supply, with Iran set to reject a US nuclear deal proposal that would be key to easing sanctions on the major oil producer, and with production in Canada hit by wildfires.

Chennai Petroleum to set up retail fuel outlets; commits ₹400 cr capex
IndianOil Group company Chennai Petroleum Corporation Ltd coinciding with its Diamond Jubilee year has embarked on a journey to set up retail outlets to sell petrol and diesel, a top official said on Tuesday.

Gail offers LNG cargo diverted abruptly from India
Gail India Ltd. is seeking to sell its contractual cargo of liquefied natural gas that’s already on the water, a rare move that signals ample inventories and easing demand in the South Asia nation.

India's imports of Russian oil hit 10-month high in May
India’s imports of Russian oil hit 10-month high in May

Industry body IESA pushes for green reuse of EV batteries

The industry body said in a release that this partnership should focus on establishing clear norms for the reuse of used batteries, including necessary licensing and procedures.

CIL draws up Rs 16,000-crore capex plan for FY26, bets big on RE, thermal power
State-owned Coal India has charted out a Rs 16,000 crore capex plan for the fiscal 2025-26 spread across coal production, renewable energy (RE), and thermal power projects. With a coal production target of 875 million tonnes in FY26, the company is also advancing its diversification into solar, coal gasification, thermal power, and critical minerals, chairman -cum-managing director P M Prasad told Arunima Bharadwaj in an interview. The company aims at installing 3 giga watts (GW) of RE capacity by 2028 and is keen on pumped storage power projects.

Vikram Solar gets SEBI nod for IPO
Vikram Solar, a solar photovoltaic module manufacturer, has received approval from the Securities and Exchange Board of India (SEBI) for an Initial Public Offering. The company will issue fresh shares of Rs 1500 crore and offer for sale (OFS) of up to 17.45 million equity shares by the promoter and promoter group selling shareholders.

French energy giant TotalEnergies reaffirms support for Adani Green's expansion in India
TotalEnergies is "committed to continue to support the expansion of Adani Green," Patrick Pouyanne, Chairman and CEO of the French energy giant, said on Monday.

CERC floats draft guidelines for Virtual PPAs for better RCO compliance
 

Waaree Renewable Technologies secures ₹345 crore solar EPC order in Rajasthan