Top Indian Metal & Energy Industry News & Updates - 16 Oct 2025,Thursday

Govt. Policy / Industry

Hitachi Energy to invest ₹2,000 crore and create 3,000 jobs in the next 5 years in Chennai
Chennai: Hitachi Energy plans to invest about ₹2,000 crore and create 3,000 new jobs in the high-tech sector in the next five years in Chennai. On Wednesday, senior company officials met Chief Minister MK Stalin to finalise the next phase of expansion in the city, says a government release.
📝  Greater wall of China throws shadow on Indian manufacturing
Read More >>

Iron & Steel

India to log ‘highest growth’ in steel demand in 2025 & 2026, says World Steel Association
New Delhi: India is likely to log the highest growth in steel demand, around 9 per cent, among the world’s major consuming nations in both 2025 and 2026, driven by continued growth in steel-using sectors such as construction and automobiles, according to the World Steel Association (WSA). India is the world’s second-largest producer and consumer of steel. “Our projections suggest Indian steel demand will continue to charge ahead with around 9% growth in its steel demand over 2025 and 2026, driven by continued growth in all steel-using sectors. In 2026, steel demand in India is projected to be almost 75 million tonnes (MT) higher than in 2020,” WSA said in its short-range outlook for global steel demand.
📝  Tata Steel says will deploy female staff in all three shifts in Jamshedpur plant
📝  Met coke shortages hit India's steel mills in first half of 2025
📝  Jindal Stainless announces $150 million investment for slag processing unit
Read More >>

Aluminium & Copper

Vedanta-Balco smelter hits new milestone in aluminium production
 
Read More >>

Gold / Silver & Bullion

Tanishq champions gold exchange initiative and unveils 'Mriganka' collection for this festive season
Step into Tanishq this festive season to explore ‘Mriganka’ and exchange gold for self-reliant India Bangalore, Karnataka, India (NewsVoir) As the festive season draws near, Tanishq, India’s largest jewellery retail brand from the House of Tata, introduces its festive highlight of the season, ‘Mriganka,’ a collection inspired by mythical worlds and imaginative realms. The latest collection is a gateway into the mystical lands and a realm where floating palaces, celestial gardens, and ethereal creatures come alive in gold. Inspired by India’s age-old love for storytelling and symbolism, each piece in Mriganka is a poetic tribute to the festive spirit. Bringing this world to life is former Miss World and actor Manushi Chhillar, who perfectly embodies the spirit of Mriganka — bold, imaginative, and strikingly otherworldly.
Mumbai’s Zaveri Bazar stops accepting silver orders
Severe shortage of silver in the spot market, along with a premium of Rs 30,000/kg has forced jewellers to stop accepting fresh orders in Mumbai’s Zaveri Bazar.
Gold surges to record ₹1.27 lakh/10g, tops $4,200/oz on US Fed rate cut optimism
New Delhi: Gold prices on Wednesday surged by Rs 1,244, reaching a new all-time high of Rs 1,27,500 per 10 grams in domestic futures trade, while the yellow metal breached the USD 4,200 per ounce level in global markets, fuelled by strong safe-haven demand.
Silver shines brighter than gold this Diwali: Prices double in 10 months, check new rates; Should you invest on Dhanteras?
 
CaratLane deepens metro presence with larger format stores; Bengaluru contributes 12% to sales
Omni-channel jewellery brand CaratLane says Bengaluru is its second-largest market after Delhi, contributing about 11–12% to the brand’s national turnover. The Titan-backed jeweller is now betting on larger, high-street stores, such as its newly opened MG Road outlet, to strengthen its presence in key metros while expanding selectively into smaller towns.
📝  Silver shortage grips Zaveri Bazar as jewellers stop taking new orders
📝  ‘Old’ is gold this wedding season
Read More >>

Oil & Gas / OMCs

📝  India spent 2.5 bn euro on Russian oil buy in Sept
📝  GAIL seeks LNG cargo for November delivery, say sources
📝  Oil falls more than 2% on US-China trade tensions and IEA report
📝  U.K. sanctions Gujarat’s Nayara Refinery
Read More >>

Power

Power Mech Projects bags ₹2,500 crore order from BHEL
 
📝  NTPC invites bids to set up 1,800 tonne SAF plant in Andhra Pradesh
Read More >>

Renewable Energy

Mint Explainer: Why does India plan to spend ₹6.42 trillion to tap Brahmaputra's hydro potential?
India plans to set up 208 hydropower plants on the Brahmaputra with 64.9GW of power generation capacity and 11.1GW of pump storage capacity by 2047 to establish its downstream rights on the river.
Thermal power capex up
Even as India’s private-sector capital expenditure in the current fiscal is estimated to be 37% higher than the average of the previous three years, the power sector will see a much sharper increase, reports Saikat Neogi. 
Inox Wind to invest ₹400 crore in new manufacturing facility in Karnataka
Bengaluru: Manufacturer of wind turbine generators and components Inox Wind plans to invest ₹400 crore to set up a new manufacturing facility at the Kyadigoppa Industrial Area in Kushtagi taluk of Koppal district.
Sunfraa Green Energy leads the charge with Adani Solar to advance PM’s ‘Har Ghar Solar’ mission in Gujarat

Ahmedabad: A significant milestone in Gujarat’s renewable energy landscape was achieved today as Sunfraa Green Energy Pvt. Ltd. officially became an Authorised Channel Partner of Adani Solar, one of India’s largest and most trusted solar module manufacturers. The partnership was announced during a Channel Partner Launch Program hosted at Praveg Eulogia, Sindhubhavan, Ahmedabad, in the presence of senior representatives from Adani Solar and leading solar entrepreneurs from across the state. This collaboration represents a major step forward in advancing the adoption of clean and sustainable solar energy solutions across Gujarat. It aligns closely with Hon’ble Prime Minister Shri Narendra Modi’s vision of “Har Ghar Solar” and supports the PM Surya Ghar Yojana (PMSGY)—an initiative empowering millions of Indian households to embrace solar energy for a sustainable and energy-independent future.
📝  Saatvik Green Energy, its arm bag orders worth Rs 689.47 cr
📝  Wind energy sector pioneer Inox Wind to invest Rs 400 crore in Karnataka's Kushtagi to manufacture blades, towers
Read More >>


Corporate Office

405, TSL Corner
Local Shopping Complex
Sector G Mayur Vihar Phase III
Delhi - 110096, India

Contact

contact@nurcmedianext.com
nurcmnx@gmail.com
nurcmedianext@gmail.com
+91-11-49849324, +91-9958949710