Top Indian Metal & Energy Industry News & Updates - 01 Sep 2025,Monday
Govt. Policy / Industry
Bidding for battery storage PLI in final stages, says Pralhad Joshi
Govt plans policy changes to boost domestic demand for SEZ manufacturers
📝 Reliance bets big on green energy with mega solar, hydrogen moves
📝 From oil to green power: Reliance bets on the world’s largest clean energy hub
📝 China drought of rare earths to India in focus for Xi-Modi meet
📝 SBI and AFD sign 100 million euro Line of Credit to boost green financing in India
Read More >>
Iron & Steel
Tata Steel cuts online delivery time from a week to 3 days
Large organisations are often slow to adopt new technologies due to high upfront costs, complexity, compatibility issues, and a deeply ingrained resistance to change rooted in fear of job security. However, Tata Steel seems to be defying the trend. The 118-year-old iconic company is making judicious use of advanced technologies such as artificial intelligence (AI), Internet of Things (IoT), and process automation, to enhance operations across its entire value chain. It has deployed more than 600 AI and machine learning models across the value chain – from mines to mills to markets – powering manufacturing excellence, functional efficiency, and customer experience.
Steel prices slide despite safeguard duty, China glut keeps market under pressure
India’s safeguard duty on steel has proved insufficient to stem the slide in domestic prices this year, with weakness in the Chinese market continuing to weigh heavily on sentiment. The measure has, however, moderated the pace of decline, bolstering expectations that the sector could find firmer footing in the second half of 2025.
📝 Indian steelmakers urge government for minimum import price amid global slump
Read More >>
Aluminium & Copper
NALCO eyes active lithium assets in Australia via KABIL JV, talks underway
State-owned National Aluminium Company Ltd (NALCO) is firming up its overseas critical mineral strategy, with its joint venture entity Khanij Bidesh India Ltd (KABIL) entering into “early-stage talks to acquire stakes in operating lithium assets in Australia”, Brijendra Pratap Singh, Chairman and Managing Director, NALCO told businessline. The proposed Australian entry would mark its first potential acquisition in operating assets, signalling a strategic shift from greenfield exploration to lower-risk brownfield participation.
Read More >>
Gold / Silver & Bullion
📝 Gems and jewellery exporters reel as US tariffs kick in; seek urgent govt relief, Surat jobs in risk
Read More >>
Oil & Gas / OMCs
We will continue buying Russian oil if commercially viable, says ONGC
State-run Oil and Natural Gas Corporation (ONGC) on Friday said that it will continue to buy every drop of Russian oil as long as it is commercially viable.
India's Oil & Gas PSUs' pioneering role in nurturing sporting culture: Hardeep Singh Puri
New Delhi: Union Minister of Petroleum and Natural Gas Hardeep Singh Puri said on Saturday that India has intensified its policy focus and public investment in sports.
PNGRB in talks with states to rationalise VAT on natural gas, CNG
New Delhi: Top officials, including the Chairman of the Petroleum and Natural Gas Regulatory Board (PNGRB), are persuading over a dozen states to rationalise VAT on natural gas and CNG, a measure critical for an inclusive market and affordable access to cleaner fuels.
ONGC overseas energy portfolio spans Russia, Latin America, MEA and Asia
New Delhi: ONGC's overseas energy portfolio spans key regions including Russia, Latin America, the Middle East & Africa (MEA), and Asia, reflecting the company's broad international presence in oil and gas exploration and production, according to the corporate presentation of the Navaratna Central Public Sector Enterprise.
IOC's Project SPRINT starts to show results, company gains retail dominance
New Delhi: Indian Oil Corporation's (IOC) transformative project SPRINT has started to show results with improved operational performance at refineries and the company is regaining leadership position in fuel retail expansion, Chairman Arvindar Singh Sahney said. India's largest oil firm in April unveiled Project SPRINT that looks to make the firm future-ready by fashioning businesses to meet changing global energy landscape and stay relevant and profitable.
Benefits outweigh concerns, not going back to E10 blend petrol: Industry stakeholders on E20 petrol
Mumbai: India’s automobile industry stakeholders, including the oil marketing companies (OMCs) have refuted concerns about the alleged damaging effects of E20 petrol (a blend of 20% ethanol and 80% petrol) on older vehicles, reiterating that there have been no reports of vehicle damage due to this fuel and that any reduction in mileage is minimal, typically between 2% and 6%.
Where can you buy ethanol free petrol in Pune?
India now eyes adding biofuel to diesel
Defending India’s ethanol blending programme: Facts over fiction
India’s ethanol blending programme (EBP) has emerged as a cornerstone of the nation’s energy strategy, yet it continues to face sustained criticism fueled by misconceptions and incomplete information. As misinformation spreads rapidly through digital channels, it becomes essential to examine the program through an evidence-based lens, separating legitimate concerns from unfounded fears that threaten to derail a crucial national initiative.
📝 Automakers assure warranty cover for older vehicles running on E20
📝 Fuel crisis worry as oil tanker drivers, helpers go on strike
📝 Indian Oil lines up Rs 1.66 lakh crore investment over next 5 years
📝 ONGC will continue buying Russian crude oil as long as it’s commercially viable: Chairman
📝 Ethanol blend fuel: E20 trims mileage slightly but boosts farmers, forex savings and green gains
Read More >>
Coal / Mining
Coal India production slump likely to continue for another month
📝 India, Japan to collaborate on defence, critical minerals
📝 Adani, Torrent Power bag Rs 32,614 crore coal-based deals in India
Read More >>
Power
Adani to sell thermal power at ₹6.07 a kWhr
Standalone solar (or wind) is, of course, far cheaper. To illustrate, on August 18, Punjab-based renewable energy company SAEL Industries signed up with the State’s utility to sell solar power from its 800 MW plant for ₹2.97 a kWhr.
📝 Azure group heads for $23m settlement in a US court
📝 Torrent Power to set up 1600 MW Project in MP
📝 Adani Power to develop 800 MW thermal power plant in Madhya Pradesh for Rs 10,500 cr
Read More >>
Renewable Energy
19 NHPC workers trapped as heavy rain triggers landslide, blocks tunnels of Uttarakhand power project
Several National Hydoelectric Power Corporation workers were trapped on Sunday after a landslide blocked tunnels within the Dhauliganga Power Project in Uttarakhand. A rescue operation was subsequently launched in the Pithoragarh area of Uttarakhand — with machines trying to clear the way despite continuous falling of debris.
The Lure of Kutch: Ambani, Adani pledge billions for clean energy in arid heartland
New Delhi: A vast stretch of barren land in Gujarat's Rann of Kutch, within sight of the Pakistan border, has become a centrepiece of India's clean energy ambitions, attracting multi-billion-dollar investments from tycoons Mukesh Ambani and Gautam Adani. Adani Group was the first to unveil mega plans for the dry, arid expanse near the Pakistan border. Its Khavda renewable energy park - spanning 538 square kilometres, roughly five times the size of Paris - is touted as the world's largest green energy project, aiming to generate 30 GW of clean power from abundant solar and wind resources.
📝 Reliance bets big on green energy with mega solar, hydrogen moves
Read More >>