Top Indian Metal & Energy Industry News & Updates - 16 Jan 2026,Friday

Govt. Policy / Industry

Coal ministry signs development agreements with DVC for three blocks
New Delhi: The coal ministry on Thursday announced that it has executed Coal Mine Development and Production Agreements (CMDPAs) with Damodar Valley Corporation (DVC) for three commercial coal blocks—Dhulia North, Mandakini B and Pirpainti Barahat. These blocks were successfully auctioned under the 13th round of commercial coal mining auctions, and the agreements represent a significant milestone in India’s journey towards self-reliance in the coal sector, the ministry said.
📝  India's clean energy industry opposes revocation of connectivity over delays
📝  Coal India eyes rare earth pacts with Russia, Australia
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Iron & Steel

📝  Seamless tube makers urge govt not to retain curbs on Chinese imports
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Gold / Silver & Bullion

Parijat Industries' unit 2, Ambala receives gold award at the 23rd Greentech Workplace Safety, Fire & Security Awards 2025
 
📝  Silver scales new peak at Rs 2.89 lakh/kg; gold strengthens to record Rs 1.47 lakh/10g in Delhi
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Other Metals

📝  An exploration of India’s minerals diplomacy
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Oil & Gas / OMCs

Global clean fuel needs to quadruple investment by 2030: WEF
Global clean fuel investment will need to quadruple from nearly $25 billion at present to over $100 billion annually by 2030 to meet clean energy targets, a new  study said on Thursday. Clean fuels can strengthen energy security and economic development goals, stimulating two to three times more jobs than conventional fuel sectors while diversifying national energy supplies, the World Economic Forum report said.
BPCL leads nationwide push to expand PNG and CNG adoption
Source Credit: PTI, The Tribune
📝  Budget 2026: Oil industry seeks abolition or review of OID cess on pre-NELP and nomination blocks
📝  India’s Russia oil trade may dip again, stranding cargoes at sea
📝  Crude oil price sinks 5% after Trump eases Iran concerns
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Coal / Mining

Indian metals sector to gain momentum in 2026, amid price hike and policy support: Report
 
📝  Budget 2026 should back processing, recycling of critical minerals: Deloitte India report
📝  Domestic coal production accelerates 3.6% in December, although year-to-date production slips marginally
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Power

Electrifying: Peak power demand this winter outpaces last summer’s
 
📝  Power sector can fetch $450 billion investment by 2032
📝  India's power sector has half a trillion dollar investment potential in next 7 years: Power Secretary
📝  Power sector has investment potential of over Rs 40 lakh crore: Khattar
📝  PFC launches third public NCD issue, plans to raise ₹5,000 crore
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Renewable Energy

Waaree Renewable Technologies Q3 results: Net profit more than doubles to ₹120 cr
New Delhi: Waaree Renewable Technologies Ltd (WRTL) net profit more than doubled to ₹120.19 crore in December quarter compared to a year ago mainly on the back of higher revenues. The company had a net profit of ₹53.48 crore in the quarter ended on December 31, 2024, a statement said.
Juniper Green commissions 72 MWp solar capacity in Maharashtra
New Delhi: Juniper Green Energy on Thursday said it began power generation at a 72-MWp solar component of its 133-MWp hybrid power project in Solapur district of Maharashtra. The additional capacity was commissioned on January 10, Juniper Green Energy said in a statement.
Sterling and Wilson posts consolidated net loss of ₹437.38 crore in 9 months ended December 31, 2025 on subsidiary impairment
Mumbai: Sterling and Wilson Renewable Energy Ltd reported a consolidated net loss of ₹437.38 crore for the nine months ended December 31, 2025, compared to a profit of ₹30.54 crore in the corresponding period last year. The company announced these results at a board meeting held on January 15, 2026. The loss was primarily driven by exceptional items totalling ₹610.94 crore during the nine-month period. This includes ₹30.84 crore charged during the December quarter, following an arbitral tribunal’s final order granting additional legal costs to a subcontractor in a terminated contract dispute.
📝  NTPC Green Energy to form 50:50 JV with GAIL for setting up RE projects
📝  NTPC Renewable Energy begins 300 MW commercial supply from 500 MW Bhadla solar project
📝  Hinduja Renewables to expand capacity 3X to 10 GW, invest $4 billion
📝  BluPine raises Rs 5,400 cr loan underwritten by Axis Bank
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Nuclear Energy

NPCIL to revise existing tender for nuclear reactors under SHANTI regime
 
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