Top Indian Metal & Energy Industry News & Updates - 05 Sep 2025,Friday

Govt. Policy / Industry

GST rate rationalisation incentivising shift towards clean energy alternatives
New Delhi: Government’s move to rationalise GST rates on energy products and services underscores India’s commitment to check climate change, decarbonise the economy and eventually move towards net zero carbon emissions. On one hand, rationalisation in GST rates for solar PV cells and wind equipment helps boost clean energy economy, while higher tax on crude oil and gas exploration services and higherGST on coal will make fossil fuel production costlier.
📝  Government cuts GST on solar and wind energy, boosting green tech adoption
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Iron & Steel

Cement and steel GST rate cuts to boost real estate, as it accounts for nearly 40% of construction cost: Industry experts
 
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Aluminium & Copper

Hindalco to produce Apple-grade aluminium products in AP
 
📝  Aluminium extrusion industry body seeks review of import duties, FTAs to offset US tariff impact
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Gold / Silver & Bullion

GST rate cuts won’t touch gold and silver—why precious metals stay at 3%
The GST Council has rationalised tax rates for a range of goods, moving toward reducing the four-slab structure to just two. Several items earlier taxed at 12% and 28% have now been shifted into the 5% and 18% slabs.
📝  Government introduces voluntary silver jewellery hallmarking with digital traceability
📝  GST rate for jewellery unchanged at 3% , but industry sees indirect gains
📝  Gold drops Rs 1,000 to Rs 1.06 lakh/10 g on profit booking, global jitters
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Oil & Gas / OMCs

Jio‑bp pulse to offer charging infra for VECV
VE Commercial Vehicles Limited (VECV), a joint venture between the Volvo Group and Eicher Motors, signed a Memorandum of Understanding (MoU) with Jio‑bp pulse to expand and streamline charging access for VECV’s electric commercial vehicle customers.
📝  Oil prices extend losses on OPEC+ considers another output hike
📝  GST reforms: Oil & gas margins to compress as GST on exploration hiked to 18%
📝  India's diesel shipments to Europe surge 137% in August
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Coal / Mining

📝  Tax tweak on coal yields net positive for discoms
📝  Indian coal prices to be lower after tax revision, industry officials say
📝  System soon to spot hurdles in starting production at mines
📝  Explained: Why India wants to mine its own waste for the minerals of the future
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Power

📝  Race for investment in JP Power ahead of parent auction today
📝  NTPC discontinues operation of 440-MW Stage-I of Tanda thermal project
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Renewable Energy

Inox Wind may find margin tailwinds, but execution clouds linger
Inox Wind Ltd’s shares have risen about 4% since its June quarter earnings call (Q1FY26) on Monday. Management has raised FY26 Ebitda margin guidance to 18–19% from 17–18%. The Q1FY26 Ebitda margin was 22%.
GST revamp: Generation cost of solar plants may drop by 10 paise per unit
 
📝  Renewable energy industry veteran Jeff Tolnar joins hylenr’s board of directors
📝  Clean energy projects installations to get cheaper due to lower tax on devices
📝  GST 2.0 can renew promise of renewables biz, cut power bills
📝  India's tax cut on solar and wind devices to lower clean energy tariff, experts say
📝  Green energy transition gets turbo-charged
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