Top Indian Metal & Energy Industry News & Updates - 21 April 2026,Tuesday

Govt. Policy / Industry

Vedanta sets May 1 record date for demerger; investors to get four stocks
Metals and mining giant Vedanta Limited on Monday said it has fixed May 1, 2026, as both the effective date and record date for its long-awaited demerger, marking a key step in the group’s plan to split its diversified businesses into separate listed entities.
Vedanta revised JAL bid after learning evaluation standing: Lenders
In the insolvency proceedings of Jaiprakash Associates Ltd (JAL), the Committee of Creditors on Monday told the National Company Law Appellate Tribunal that Vedanta Ltd may have revised its bid after gaining access to its evaluation standing during the process.
📝  Reliance, Essar top bidders for coal-based methane gas exploration blocks
📝  India is making a big move to outflank China in Sri Lanka
📝  PM Modi to inaugurate India's 1st greenfield integrated refinery-cum-petrochem complex in Rajasthan
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Iron & Steel

Asit Tripathy elected President of Odisha Steel Producers' Association (OSPA)
Bhubaneshwar: The Odisha Steel Producers' Association (OSPA) has unanimously elected Mr Asit Tripathy, former Chief Secretary of Odisha and Advisor to Jindal Steel, as its President at a meeting of its members.
Jindal Stainless enters retail, expands into construction value chain
 
JSW Steel, POSCO sign pact for 6 mtpa steel plant in Odisha
 
📝  Core sector output fell 0.4% in March, lowest in 19 months
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Gold / Silver & Bullion

Licence renewal inertia squeezes dore gold imports, tightens supply
The domestic bullion industry fears the government may be considering curbs on gold imports. For the past few months, it has not renewed the licences of several refineries whose dore gold import quotas have been exhausted or whose licence tenures have expired.
Niti pitches for reforms to boost jewellery exports
Given India’s long-standing strength in diamonds and gold jewellery gives it a natural edge, a Niti Aayog report has urged value addition, design-led manufacturing, cluster use, branding, consignment exports in free trade agreements (FTAs), finance access and interest support to make India a global hub.
Gold at record levels: Buy or wait? High prices put investors in a dilemma
 
Gold jewellery sales estimated at 20 tonnes on Akshaya Tritiya
 
📝  Gold, silver prices today, April 21, 2026: Check city-wise rates in Delhi, Mumbai, Chennai, Kolkata and more
📝  Gold futures drop ₹1,310 to ₹1,53,299/10g
📝  Silver futures fall ₹5,175 to ₹2,51,967/kg
📝  Silver jumps Rs 4,300, gold gains Rs 800 in Delhi
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Other Metals

📝  Hindustan Zinc launches Rajasthan’s first large-scale EV bus fleet in Udaipur
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Oil & Gas / OMCs

BPCL resumes LPG supply to HOCL; Kochi plant restart underway
Hindustan Organic Chemicals (HOCL) has stated that Bharat Petroleum Corporation (BPCL) has resumed the supply of liquefied petroleum gas (LPG), enabling the company to initiate restart activities at its Kochi-based plants, as per the company’s filing with the exchanges. 
📝  Rajasthan's Mangala oilfield boosts output by 2000 barrels per day amid global uncertainties
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Alternative Fuels

📝  Govt to issue draft E85 fuel policy soon as energy security concerns rise
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Coal / Mining

Why spatial optimisation of critical mineral value chains is important
The global energy transition is paradoxically a material-intensive undertaking. As the world shifts from hydrocarbons to clean technologies, the demand for critical minerals — lithium, cobalt, nickel, copper, and rare earth elements (REEs) — is projected to surge by up to 500 per cent by 2050. For India, a nation aiming to secure energy sovereignty while meeting aggressive climate commitments, these minerals serve as the essential connective tissue for decarbonisation. However, a significant challenge remains: while green technologies eliminate point-source combustion emissions during operation, their upstream supply chains harbour substantial embodied carbon.
India's core sector output hits 19-month low, contracts 0.4% in March
Growth in India's eight core industries hit a 19-month low in March, with the combined Index of Eight Core Industries (ICI) declining 0.4 per cent, compared to a 2.8 per cent uptick in February, thus reflecting a sobering end to the financial year (FY26), in which cumulative growth slid to 2.6 per cent, the weakest in five years.
Rajasthan mining department targets ₹14,000 crore revenue in FY27
 
📝  CBM licensing round draws few bidders
📝  MCX gets SEBI nod to set up coal exchange subsidiary
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Power

India's power transmission sector to see ₹9 lakh crore capex push by 2032: Report
New Delhi: India's transmission and distribution sector is set for a sustained growth cycle, backed by an estimated capital expenditure of around ₹9 lakh crore through 2032, even as ordering activity remained weak in FY26 due to temporary constraints, according to a report by Motilal Oswal Financial Services.
📝  CERC proposes Grid India as market coupling operator
📝  'Grid bottlenecks, execution risks slow power expansion': Report
📝  Adani Power eclipses Adani Ports to becomes Group’s most valuable stock with m-cap Rs 3.99 lakh crore
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Renewable Energy

Suzlon in initial RE pact with Korean firmGS E&C
 
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