Copper prices expected to peak at USD 10,050/t in August: Goldman Sachs
Source Credit: ANI, The Tribune

GIA to enter jewellery certification business in August

Indian diamond industry faces continued struggles amid demand slump and tariff woes: ICRA
Source Credit: ANI, The Tribune

Indian refiners' May crude processing edges up 0.4% from a year earlier
Indian refiners' throughput in May rose 0.4 per cent year-on-year to 5.47 million barrels per day (23.11 million metric tons), provisional government data showed on Thursday.

From shortage to surplus: India pours record rice crop into ethanol
India is allocating record rice volumes for ethanol production as it struggles with unprecedented inventories that are likely to swell further with the arrival of the new season crop, a reversal from earlier shortages that led to export curbs.

Inside Gulf Oil India's EV push, R&D drive and future roadmap
In a candid and wide-ranging conversation, Mr. Ravi Chawla, Managing Director of Gulf Oil Lubricants India, provided valuable insights into the company's evolving strategy. The discussion delved into Gulf Oil's initiatives in the electric mobility space, innovations in lubricants, strategic partnerships with OEMs, and the company's future growth prospects in India. Below is a comprehensive overview of the key takeaways from the interaction.

Coal stock hits record high of 58.25 million tonnes, bolstering energy security through monsoon
Source Credit: The Telegraph

The coal stock at all thermal power plants has reached an all-time high of 58.25 million tonnes (mt), sufficient to meet 25 days of consumption.

Hitachi Energy India secures bulk transformer order from PGCIL
Hitachi Energy India said, on Thursday, that it has received a bulk order from Power Grid Corporation of India (PGCIL) to supply 30 units of 765-kilovolt (kV) 500 megavolt-ampere (MVA) single-phase transformers.

Private sector firms can now become Renewable Energy Implementing Agency
So far, four PSUs — NTPC, SJVN, Solar Energy Corporation of India (SECI) and NHPC — have been designated as REIAs.

JSW, Serentica, Actis, Blackstone, Brookfield in the fray to buy Vibrant Energy
Financial and strategic investors, including JSW Group, Vedanta Group’s Serentica, Blackstone, Brookfield, Sembcorp, and Actis, are looking at acquiring Vibrant Energy, a renewable energy company owned by Macquarie Group. Three people with direct knowledge of the deal said non-binding bids will come in by early next month.

L&T bets big on solar power, battery play
Engineering and construction major L&T is seeing significant opportunities in solar power projects and battery storage both in India and abroad, particularly in Central Asia. 

ACME Solar bags NHPC’s 275 MW battery storage deal in Andhra Pradesh
ACME Solar Holdings has won NHPC’s tender for two standalone Battery Energy Storage System (BESS) projects in Andhra Pradesh. The projects, with a combined capacity of 275 MW / 550 MWh, are located in Kuppam and Ghani.

Reliance Industries building one of world’s largest green energy hubs: Mukesh Ambani