Top Indian Metal & Energy Industry News & Updates - 16 Jun 2025,Monday
Govt. Policy / Industry
India's biofuel sector transitioning from promise to partial implementation: Report
India's biofuel sector is slowly moving from a stage of promise to partial implementation, supported by strong government policies, rising need for decarbonization, and the push for rural value creation, according to a report by YES Securities.
📝 India has achieved 51.5 GW wind capacity, 150% growth in a decade: Union Minister Pralhad Joshi
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Iron & Steel
SAIL's Burnpur project rolls: Rs 45000 crore boost for IISCO Steel Plant to spur growth, jobs
Tata Steel aims 15 MT production via recycling in 10-15 years: CEO T V Narendran
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Gold / Silver & Bullion
Yellow metal volatility hits Amritsar traders, customers
📝 Gold price above Rs 1 lakh. Will Quant MF prediction come true?
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Oil & Gas / OMCs
ONGC takes control of Rudrasagar Well in Assam to control gas blowout
New Delhi: Oil and Natural Gas Corporation (ONGC) has taken operational control of Well RDS 147 in its Rudrasagar field in Sivasagar, Assam, to control gas blowout, the state-owned energy PSU said on Saturday.
Oil jumps to $75.19/b after Israeli strikes on Iran, Israeli gas exports to Egypt and Jordan suspended
New Delhi: Israel’s airstrikes on Iranian nuclear sites have pushed Brent crude oil prices to a two-month high of $75.19 per barrel and disrupted regional natural gas exports, raising concerns over energy market volatility and potential supply disruption.
Crude jitters, not crisis: Oil firms eye margin hit, but rule out supply shock amid Israel-Iran tensions
According to a statement by the Iranian government, the country’s refineries and fuel depots under the National Iranian Oil Refining and Distribution Company have not sustained any damage and are operating normally.
Grainspan invests ₹520 cr on grain-based ethanol plants
📝 Ujjwala scheme boosts LPG use in Andaman & Nicobar
📝 Petrol, diesel price hikes in India highly possible. Blame it Israel-Iran conflict
📝 Uno Minda launches dual-port USB charging accessory for motorcycles
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Coal / Mining
Coal stocks at thermal plants up 27% on year
Coal stocks at the country’s thermal power plants stood at 60.9 million tonnes on June 12, registering an year-on-year rise of 26.7%. This allays the fears of power outages or supply deficits amid rising mercury levels. The improvement in fuel stocks can be attributed to higher production and dispatches of coal from both public and private companies.
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Power
Jindal Power mulls discom entry, in advanced talks for Jhajjar Power Ltd acquisition
📝 Nepal to export 40 MW electricity to Bangladesh via India from Saturday midnight
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Renewable Energy
Adani Green Energy leads NSE’s ESG ratings in power sector
Adani Green Energy scored highly on the ESG ratings released by the National Stock Exchange this month — ranking first in the utilities/power sector. The company was also among the top five entities in the ratings assessed from the top 100 listed companies by revenue across the NSE. Data shared on the stock exchange website indicated an ESG rating of 74 for the company founded by Gautam Adani.
📝 Karnataka placed first in country for highest wind power capacity
📝 Wind energy centre of Atma Nirbhar Bharat: India becomes 3rd largest maker of renewable energy; wind capacity hits 51.5 GW in a decade
📝 Dharan Infra pivots to green energy; sets up solar-focused subsidiary; aims end-to-end presence in renewables
📝 'India set to meet 500 GW renewable energy target by 2030'
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Nuclear Energy
📝 Union Minister Khattar reviews progress of Fatehabad nuclear power project
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