Top Indian Metal & Energy Industry News & Updates - 19 Sep 2025,Friday
Govt. Policy / Industry
Vedanta aligns 70% of revenue to transition metals as it powers India’s green growth Journey
New Delhi: Vedanta Group, a global leader in critical minerals, energy transition metals, energy, and technology, announced a comprehensive expansion across its transition metals, oil & gas, and critical minerals portfolio to accelerate India’s energy transition and industrial growth. Nearly 70% of Vedanta’s top-line comes from transition metals, underscoring its pivotal role in building the industries of tomorrow.
Vedanta confident of completing demerger process by year-end: Arun Misra
Vedanta Ltd is confident of completing its proposed demerger by the end of this year, with the company dismissing speculation about government objections to its restructuring plans.
NITI Aayog raises concern on China's monopoly over critical minerals supply
Government think tank NITI Aayog member Arvind Virmani on Thursday emphasised the importance of addressing the concentration of critical mineral supply largely controlled by one country, leading to concerns about monopolies and the need for a competitive supply chain.
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Iron & Steel
Skill training and regular engagement with Govt on policy issues vital for Steel Industry: T V Narendran Tata Steel
New Delhi: Skill development, capability building and continuous engagement with the government on policy matters are crucial for the future of India's steel industry, said Tata Steel Managing Director and CEO T V Narendran.
Jindal Stainless expects anti-dumping duty on imports in 4-5 months
Abhyuday Jindal, MD, Jindal Stainless Steel said the DGTR (Directorate General of Trade Remedies) and Ministries were quite busy with all the BTAs (bilateral trade agreements), FTAs (free trade agreements) that the Indian government has been engaged in, and were not getting enough time to look into the anti-dumping plea.
📝 Stainless-steel manufacturer Mangalam Worldwide migrates to NSE mainboard
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Aluminium & Copper
Vedanta unveils multi-billion-dollar expansion across transition metals, energy and renewables
Vedanta Group announced a comprehensive expansion across its transition metals, oil & gas, and critical minerals portfolio. While nearly 70 per cent of the company’s top-line comes from transition metals, it is also doubling down on critical minerals as well.
Copper futures at a support
Copper futures has lost 1 per cent so far this week and is currently trading at ₹905 (per kg). Nevertheless, the broader trend remains bullish. The September contract broke out of the resistance at ₹910 last week. It rose to hit a high of ₹921.50 on Monday before moderating to the current level.
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Gold / Silver & Bullion
📝 India's first large pvt gold mine in Andhra Pradesh to soon begin full-scale production: DGML MD
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Oil & Gas / OMCs
Oil India expects full recovery of investments from Russia by FY27
State-run oil and gas exploration and production company Oil India has so far received dividends amounting to $942 million from its Russian assets representing over 91% of its original investment in Vankorneft and Taas Yuryakh and expects full recovery in the coming year, the company’s chairman and managing director (CMD) Ranjit Rath said on Thursday.
Oil India receives $942 mn dividend from Russian assets, nears full investment recovery
Oil India Limited (OIL) announced on Thursday that it has received $942 million in dividends from its Russian assets — Vankorneft and Taas Yuryakh. While speaking at the 66th Annual General Meeting (AGM), Ranjit Rath, Chairman and Managing Director of Oil India Limited, also said that the dividend payout represents over 91% of OIL’s original investment in the two projects, and the company expects to fully recover its investment in the coming year.
Oil India to acquire seismic data for 40,000 sq km in Mahandi, KG Basin in FY26
New Delhi: State-run Oil India (OIL) will acquire seismic data for 40,000 sq km of area spread over Mahanadi and KG Basin in the current financial year. The oil and gas exploration & production (E&P) company, after establishing prospects in these regions, will go for drilling of wells in the coming years. “Our focus on cost optimisation is to how to enhance production. In FY26, we will carry out seismic data acquisition for this 40,000 sq km. After we establish prospects, we will go for drilling in deep and ultra-deep water by engaging drill ships in one or two years down the line,” Ranjit Rath, Chairman & Managing Director, OIL, told businessline.
If insurance denies claim, come to us: Oil Minister on E20 fuel
Emphasising that E20 fuel is “safe” for vehicles, Oil Minister Hardeep Singh Puri said that if insurance companies deny claims on vehicles due to the use of ethanol-blended petrol, the vehicle owner should approach the government. The issue relates to public concerns over denial of insurance claims on vehicle damage due to the use of petrol blended with 20 per cent ethanol.
Indian oil firms’ dividends stuck in Russia rise further to around $1.4 bn as repatriation efforts drag on
📝 Ethanol blended petrol programme boosts sugar industry revenues, but challenges remain
📝 Oil prices little changed after Fed rate cut
📝 Oil India eyes cost optimisation as crude outlook darkens
📝 GAIL to supply natural gas to Tata Steel's Combi-Mill plant in Jamshedpur
📝 Indian Oil Corp changes track, to buy 10 crude carriers from Shipping Corp JV
📝 Oil India sees restart of Mozambique LNG project by year's end
📝 India's MRPL issues expression of interest for Q4 jet fuel term deliveries, document shows
📝 No impact on production, exploration ambitions: OIL India CMD on latest Ukraine attacks in Russia
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Coal / Mining
Rajasthan govt plans new strategy to further raise mining
📝 Niti Aayog raises concern on China's monopoly over critical minerals supply
📝 NCLT defers final hearing on Vedanta demerger to Oct 8
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Power
📝 JSW Neo buys Statkraft hydro power unit in Himachal for ₹ 1,727 cr
📝 India's power sector CO2 emissions fall for only 2nd time in 50 years: Study
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Renewable Energy
‘We want to create globally competitive manufacturing eco-system’, says Gyanesh Chaudhary
Vikram Solar, which recently went public, has seen its order book grow to 10.96 GW — double its current rated capacity — during the June quarter. To meet surging demand, the company is scaling up manufacturing capacity four-fold to 17.5 GW by FY2027. Chairman and Managing Director Gyanesh Chaudhary speaks to Raghavendra Kamath about the company’s funding strategy, integration plans, and market outlook.
Renewables could account for 13% of India's energy mix by 2050 in green scenario: S&P Global Commodity Insights
New Delhi: India's renewable energy share could expand to 13 per cent of the primary energy mix by 2050 if there is strong policy implementation and resolution of structural bottlenecks, according to Gauri Jauhar, Consulting Executive Director, Energy Transition at S&P Global Commodity Insights.
📝 Serentica signs PPA with SECI for 100 MW round the clock clean energy project
📝 India's solar sector at an inflection point as risks of oversupply, trade disruptions looming over the industry: Report
📝 GK Energy raises Rs 139 crore from anchor investors ahead of IPO
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