Top Indian Metal & Energy Industry News & Updates - 13 Nov 2025,Thursday

Govt. Policy / Industry

GSH India signs MoA with IIIT Manipur for skill development in energy sector
Chennai: GSH India Private Ltd , the Indian subsidiary of US-based energy facilities management company GSH Group UK, has signed a Memorandum of Agreement with IIIT Manipur to collaborate across facility management, IoT, sustainability and smart building systems.  The partnership will focus on joint research, internships, training and skill development programs to bridge the industry-academy gap, share resources, co-develop projects and promote innovation in sustainable technology-driven facility management.   The MoA was signed at the fifth GSH Sustainable Energy Forum here on Wednesday. The biennial event aims to foster dialogue, innovation and actionable strategies for a cleaner, greener and sustainable future. 
Cabinet rationalises royalty on Graphite, Caesium, Rubidium and Zirconium
The Tribune
https://www.tribuneindia.com/news/business/cabinet-approves-rationalisation-of-royalty-rates-of-graphite-caesium-rubidium-and-zirconium-minerals-to-boost-green-energy-supply-of-critical-minerals/
India to be the world's largest driver of energy-demand growth by 2035: IEA
 
Govt issues framework to settle compensation for cancelled coal mines
 
Govt approves rationalisation of royalty rates for four critical minerals
The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the rationalisation of royalty rates for four critical minerals — graphite, caesium, rubidium and zirconium — to boost domestic production and facilitate their auction.
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Iron & Steel

Tata Steel Q2 Results: Cons PAT surges 272% YoY to Rs 3,102 crore, revenue rises 9%
Tata Steel Q2 FY26 results: Profit jumps to Rs 3,183 crore, total income at Rs 59,052 crore 
The Financial Express
📝  Tata Steel says monitoring EU, UK policy developments to prioritise, optimise decarbonisation capex
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Gold / Silver & Bullion

Inside the Muthoot money machine: How a Kerala family turned gold loans into a billion-dollar empire
Any morning in Kochi, you are likely to catch the red-and-white signage of a Muthoot Finance branch shining bright in the sunlight. And probably, see a steady stream of people carrying small packets of jewellery queuing up.
Gold rallies Rs 2,000 to Rs 1,27,900/10g in Delhi markets
 
📝  Gold gains to Rs 1.24 lakh/10grams on Fed rate cut hopes, shutdown relief
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Oil & Gas / OMCs

ONGC's lower realisations, slow production ramp-up keep brokerages cautious
 
📝  Force majeure on ONGC Mozambique project lifted
📝  Crude demand likely to zoom 37% by 2035: IEA
📝  Panel backs fair pricing, trading of unused capacity at LNG terminals
📝  Adani Gas wing issues clarification on group's plans for battery storage plant in Gujarat
📝  India to lead Global oil demand growth, surpassing China, southeast Asia by 2035: IEA
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Coal / Mining

📝  Royalty rates on 4 key minerals rationalised
📝  NCLT reserves order on Vedanta demerger matter
📝  Coal production slips 8.5% in October following prolonged monsoons
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Power

📝  NTPC plans 5-10 mt coal-to-synthetic natural gas facility
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Renewable Energy

‘We can take over stressed discoms and turn them around,’ Praveer Sinha CEO Tata Power
Tata Power is stepping up its clean energy play — from acquiring a 40% stake in a hydropower project in Bhutan to setting up a 10 GW wafers and ingots facility in India to strengthen the domestic solar manufacturing ecosystem. In a conversation with Raghavendra Kamath, managing director and CEO Praveer Sinha explains the rationale behind these initiatives, the company’s growth strategy, and its plans to expand its power distribution footprint. Excerpts:
ACME Solar’s Rajasthan project secures AA- rating from ICRA
Mumbai: The shares of ACME Solar Holdings Limited ended on the NSE today at ₹255.65 up by ₹3.85 or 1.53 per cent. ICRA has assigned an ‘ICRA AA-/Stable’ rating to the ₹990 crore term loan facility of ACME Dhaulpur Powertech Private Limited, a wholly owned subsidiary of ACME Solar Holdings Limited. The rating covers a 300 MW solar power project in Jaisalmer, Rajasthan, financed by the Indian Renewable Energy Development Agency Limited.
Niveshaay leads ₹325 crore funding in Waaree Energy Storage to boost battery manufacturing
Mumbai: Investment firm Niveshaay on Tuesday said it has led a Rs 325 crore funding round in Waaree Energy Storage Systems to expand the Waaree Group's battery arm. The fund will be used to enhance cell and pack manufacturing capacity, strengthen engineering and validation capabilities, and scale containerised Battery Energy Storage Systems (BESS) across India and select global markets.
📝  India's power grid struggles to absorb soaring solar supply
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Nuclear Energy

📝  NTPC scouting for land for N-plant in 16 states
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