Global tie-ups soon to push geo-thermal energy: Govt
The government is exploring international technology collaborations for the development of geothermal energy projects in the country with several foreign players — including those from the US, Norway, and Iceland — already initiating pilot studies, according to Santosh Sarangi, secretary, ministry of new and renewable energy. 

KABIL eyeing global assets in critical minerals: Kishan Reddy
 

Stainless steel maker Mangalam Worldwide set to migrate to NSE mainboard
The company has already received approval from NSE.

Steely ambition
Recent new reports about a plan to impose 30% export duty on low-grade iron ore (<58% Fe content) effective October evoke a sense of déjà vu. In May 2022, a 50% duty was put on outward shipments of such powdery minerals, which are not fit for direct use by domestic blast-furnace (BF) plants, but the levy had to be withdrawn in less than six months. The revocation of the levy in November 2022 followed reports of large-scale job losses, a strong reaction from potential bidders for mines put up for auction, and a piling up of sub-grade fines at mining sites. The viability of mining operations was threatened, with potentially irretrievable loss of exports markets and forex earnings.

Iron ore: 50% premium cap plan raises concerns over auction process
New Delhi: India is considering overhauling the way iron ore mining rights are auctioned, proposing a cap of 50 per cent on premiums and awarding blocks based on the highest upfront payment. The plan, discussed in a September consultation meeting, was convened by one of the line ministries. An advisory committee had been formed in August to take up the issue of increasing iron ore production in India and reduce prices while steelmakers were asked to tap into the export markets.

Jindal Steel bids for Germany-based thyssenkrupp Steel
 

SAIL powers landmark railway connectivity in Northeast India with Bairabi-Sairang Project
 

Steel ministry clears ₹5,000 cr scheme to boost low-emission operations
“We are launching a scheme to help the steel industry, especially the secondary steel sector, to produce low-emission steel,” Sandeep Poundrik, secretary, ministry of steel, said at an industry event.

Gold takes a breather on profit booking, falls by Rs 1,300/10g
Source Credit: New Indian Express

Mumbai: Gold prices have retreated from the peak it scaled on Tuesday falling Rs 1,300 to Rs 1,13,800/10 grams in the Capital on Wednesday, as investors have rushed into book profit from the recent rally hitting many new highs, ahead of the US Federal Reserve's policy decision late Wednesday wherein it’s widely expected a 25 bps reduction in the Federal funds rate.

India’s Russian oil imports robust in Sept so far, crude loadings from ports stable
New Delhi: Russian oil deliveries at Indian ports for the first half of September were robust, and slightly higher than the past couple of months, suggesting that the growing US rhetoric in July against New Delhi’s hefty oil imports from Moscow did not have any meaningful impact on Indian refiners’ crude sourcing behaviour at the time. Crude loadings at Russian ports so far in September, although slightly lower than pre-August levels, are also evidently stable even as the situation remains fluid, according to preliminary tanker data and industry insiders.

Coal India, HCL offer free ₹1 cr accident cover, hike mine fatality ex gratia
New Delhi: The government on Tuesday announced personal accidental insurance coverage of Rs 1 crore for regular employees of Coal India and Rs 40 lakh for its contract workers. The insurance coverage was announced as part of the new corporate salary package, which was launched by Coal and Mines Minister G Kishan Reddy on Tuesday. The government has also increased the ex gratia amount for mine accident fatalities from Rs 15 lakh to Rs 25 lakh, according to a statement. "The Corporate Salary Package...marks a significant advance in financial security for Coal India's employees.

L&T wins multiple power grid infrastructure order worth Rs 2,500-5,000 crore
Larsen & Toubro’s (L&T) Power Transmission & Distribution (PT&D) business has secured multiple grid infrastructure orders in India and overseas, worth between Rs 2,500 – 5,000 crore.

Power sector CO2 emissions down for only second time in half a century

India’s devastating monsoons have had an unexpected silver lining this year, much like the Covid-19 pandemic did in 2020. Carbon dioxide (CO2) emissions from the country’s power sector declined for the first time in the first half (H1) of 2025 in nearly half a century — excluding the pandemic period — according to a new research. Record additions of renewable energy also helped reverse emissions growth.

Tata Group chief visits Solar Group’s Nagpur facility
Nagpur: Tata Group Chairman N Chandrasekaran visited a private explosives and ammunition facility in Nagpur district on Tuesday.

Govt clears 5 projects under new geothermal energy policy, eyes subsidies
 

PM to lay foundation stone of NTPC's 2,800 MW nuclear project in Rajasthan