Top Indian Metal & Energy Industry News & Updates - 10 Nov 2025,Monday
Govt. Policy / Industry
📝 Rajasthan govt eyes industrial and renewable boom by 2047
📝 Decision on environmental clearance deferred for ArcelorMittal Nippon Steel's plant in Andhra Pradesh
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Iron & Steel
The second coming of steel: New tycoons rise where the ‘dirty dozen’ fell
Mumbai: At the beginning of 2025, Maharashtra-based mining company Lloyds Metals and Energy Ltd made headlines for granting stock options to its blue-collar workers, including some former Maoists, as it sought to foster a sense of ownership in its workforce.
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Gold / Silver & Bullion
70% of India’s silver demand in bars; ETF investments surge over 50%
After rallying more than 50% in the last six months, Silver seems to be taking a breather. The pause in the rise of silver was witnessed after the price made a new all-time high of US$54.48 per ounce on October 17, 2025.
Gold price forecast 2026: Navigating unprecedented market dynamics
Weekly Review: Gold cools off post-festive rush, consolidates below Rs 1.22 lakh mark
📝 Gold to remain in corrective phase ahead of crucial US, China macrodata: Analysts
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Oil & Gas / OMCs
DTC to expand EV charging infrastructure
The Delhi Transport Corporation (DTC) is set to boost its electric vehicle (EV) charging network by installing facilities for heavy commercial vehicles at nine depots across the Capital. This initiative is part of the Delhi government’s broader plan to fully transition the public transport fleet to electric vehicles within the next year and a half. According to a transport department official, the DTC has begun establishing new charging infrastructure at its depots in Rohini Sector 37, Keshopur, Nangloi, Kalkaji, Sukhdev Vihar, Nand Nagri, Ghazipur, and Hasanpur. The estimated cost of the project exceeds Rs 31 crore.
Petronet LNG reports 4% QoQ growth in volume throughput
📝 HPCL Rajasthan refinery project to be completed next month: Official
📝 India among world's top 5 oil refining countries: Hardeep Puri
📝 Biofuel pledge at climate summit highlights India's ethanol blending debate
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Coal / Mining
India to produce 500 tonnes of neodymium in FY27: Indian Rare Earths
Thermal coal imports hit four-month high in October
India’s import of thermal coal, which is largely consumed by the Power sector, rose by almost 3 per cent year-on-year (y-o-y) to 12.95 million tonnes (mt) in October this year due to lower production last month.
📝 Coal India Ltd will aspire to meet 875 MT coal production target in FY26: CMD Sanoj Kumar Jha
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Power
CIL, DVC form Joint Venture for 1,600 MW Chandrapura thermal power expansion
State-owned Coal India Limited (CIL), the country’s major coal producer on Friday signed a strategic joint venture agreement with Damodar Valley Corporation (DVC) to undertake brownfield expansion of 1600 MW capacity thermal power project at the existing site of DVC’s Chandrapura TPS, Jharkhand.
NTPC eyes 149 GW installed generation capacity by 2032
New Delhi: State-run power giant NTPC has raised its installed generation capacity target from 130 GW to 149 GW by 2032 and 244 GW by 2037, a senior official said.
Reliance Power denies any link with Amar Nath Dutta, arrested by ED, in bogus bank guarantee case
New Delhi: Reliance Power Limited on Saturday said that Amar Nath Dutta, who was arrested by Enforcement Directorate (ED) in bogus bank guarantee case, is no way connected with the Company.
Power companies hopeful of non-fossil fuel goal but experts flag need for more
As the UN Climate Change Conference (COP30) begins in Belém (Brazil) on Monday, top executives of Indian power companies are hopeful of meeting the country’s target of 500 GW of non-fossil fuel energy capacity by 2030. Sector experts, though, feel the country needs to resolve issues related to signing power purchase agreements (PPAs), transmission capacity and so on.
Regulators' body told to create tariff plan for power transmission projects
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Renewable Energy
Solar & battery storage a challenge for Suzlon in near future: Analysts
Rising competition from solar and battery energy storage systems (BESS) could pose challenges for renewable energy solutions provider Suzlon’s execution in the next couple years, according to analysts said.
Full indigenisation of solar value chain in 5-6 years; 500GW by 2030 within reach: ReNew CEO
ReNew Energy Global is evaluating an opportunity to enter into the wafer and ingot segment, after the government’s push to indigenise the domestic solar chain, CEO Sumant Sinha told Arunima Bharadwaj in an interview. Sinha believes that complete indigenisation of the whole solar value chain will take up to 5-6 years. The company also plans to enter the green fuel segment while expanding its backward integration in manufacturing. The imposition of US tariffs, Sinha says, has resulted in excess capacity of solar modules which poses challenges especially to the smaller players.
ReNew secures $477 million financial package from ADB
📝 Will Emmvee Photovoltaic IPO deliver gains for long-term investors?
📝 Suzlon to sharply grow EPC business for better margin, starts acquiring land
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International
📝 China's October rare earth exports rise 9% from September
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