India plans new incentive scheme to power local solar manufacturing
New Delhi: The government is working on a new incentive scheme to boost production of wafers and ingots, key sub-components that go into making solar photovoltaic (PV) modules, amid choked supplies from China, three people with knowledge of the matter said.

Sonani Jewels opens world's largest lab-grown diamond jewelry showroom in Surat

Surat: The world's largest lab-grown diamond jewellery showroom, Sonani Jewels, was inaugurated by Union Jal Shakti Minister CR Patil today. Gujarat Legislative Assembly Speaker Shankar Chaudhari was the Chief guest on the occasion, with Surat Mayor Daxesh Mavani, Surat Police Commissioner Anupam Singh Gahlaut, Surat District Collector Dr Sourabh Pardhi, and Venus Group Chairman Sevanti Shah as the Guests of Honour.

Hindustan Zinc Ltd eyes metal recovery from waste of mined ores
 

India to increase oil purchases from US: Goyal
Commerce and industry minister Piyush Goyal, who is in the US for taking forward the trade talks, has said that India would increase purchase of oil and gas from the US as India continues to engage with the Donald Trump Administration to eke out a favourable trade deal.

Relux Electric joins TNGECL to deploy 500 EV charging stations across Tamil Nadu
Chennai: Relux Electric Pvt Ltd, an EV charging infrastructure provider, has joined hands with the Tamil Nadu Green Energy Corporation Ltd (TNGECL), to set up 500 EV Charging stations across the state to drive the State’s transition to an electric mobility hub.

Vedanta asked to respond to SEBI till October 8
On the same date, the company has also been directed to reply to the Ministry of Petroleum and Natural Gas (MoPNG), which in the previous hearing on September 17 alleged that Vedanta’s demerger scheme failed to disclose financial risks and misrepresented ownership of certain hydrocarbon assets.

Imported coal may feature on proposed coal exchange for trading, says CIL
 

Solarworld Energy’s Rs 490-crore IPO attracts 4 times subscription on day 2
The initial public offer of Solarworld Energy Solutions Ltd received four times the subscription on the second day of the share sale on Wednesday.The IPO received bids for 3,23,49,282 shares against 80,93,092 shares on offer, according to details available with the NSE.

NTPC considers bulk purchase of nuclear reactors
NTPC Ltd, India’s largest power producer, has sought the government’s approval to bulk purchase nuclear reactors, part of a wider national effort to expand atomic energy capacity as the country seeks to reduce dependence on fossil fuels. The state-run company aims to buy large units ranging from 700 megawatts to about 1,730 megawatts each, but hasn’t yet finalised the size of the tender, according to people with knowledge of the matter. By purchasing in bulk, NTPC hopes to lower the overall cost, the people said, asking not to be named as the talks are still private.