NMDC cuts rates of iron ore lump by ₹550 per tonne, fines by ₹500/tonne
New Delhi: State-owned NMDC on Wednesday said it has slashed prices of iron ore lump and its fines by ₹550 and ₹500 per tonne, respectively, with immediate effect. It has fixed the price of lump ore at ₹5,550 per tonne and fines at ₹4,750 a tonne, the country's largest iron ore miner said in a regulatory filing. Lump ores or high-grade iron ores contain 65.5 per cent iron content, while fines are inferior-grade ores with 64 per cent or less iron content.

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Vikram Solar to commission 11 GW module manufacturing facilities in Tamil Nadu by FY26-end
Vikram Solar, one of the leading Indian solar module manufacturers, is planning to commission a total of 11 GW module manufacturing facilities in Tamil Nadu by this fiscal-end, raising its installed module manufacturing capacity to 15.5 GW. The Kolkata-based company is looking to commission 5 GW and 6 GW module manufacturing units at Vallam and Gangaikondan in Tamil Nadu in the third quarter and fourth quarter, respectively.

India-led solar project lights up 10 Pacific island nations
India, in collaboration with the United Nations, has extended green energy solutions to 10 Pacific island nations by providing solar power to 12 public buildings, the Indian mission to the UN has said.

Swelect’s new CEO shelves cell project, plans BESS foray
Dr Arul Shanmugasundaram, the new CEO of Swelect Energy Systems Ltd, has charted a new course for the company, a major feature of which is shelving the proposed solar cell project. The company will not put up a cell plant but will instead enter into a long-term supply contract with a domestic cell manufacturer, Shanmugasundaram told businessline recently.