Top Indian Metal & Energy Industry News & Updates - 20 Jan 2026,Tuesday
Govt. Policy / Industry
Centre sets up taskforce to accelerate wind power projects, align states and grid agencies
With India’s installed wind power capacity at around 55 GW, the Union government has constituted a Taskforce on Wind Power Projects to address regulatory, land, grid connectivity and execution-related issues, as it looks to scale capacity to 108 GW by 2030.
📝 WEF 2026: Union Minister Pralhad Joshi discusses renewable energy plans with MP govt
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Iron & Steel
📝 Steel companies' profits may dip despite volumes as prices stay weak
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Aluminium & Copper
Aluminium sector is not yet ready for green transition: NALCO CMD
Bhubaneswar : Against the backdrop of the European Union’s imposition of the Carbon Border Adjustment Mechanism, India’s aluminium sector is not yet ready for green aluminium, BRIJENDRA PRATAP SINGH, chairman and managing director, National Aluminium Company Ltd (NALCO) said in an interview with The Indian Express.
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Gold / Silver & Bullion
India's new Diamond rule: only a natural Diamond can be called a Diamond
Source Credit: PTI, The Tribune
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Other Metals
Hindustan Zinc Q3 results: net profit jumps 46% to ₹3,916 crore on strong base metal prices
Hindustan Zinc reported a 46.2 per cent jump in third-quarter profit on Monday, driven by record-high silver prices, as well as higher zinc prices, amid resilient demand. India’s top refined zinc producer said its consolidated net profit rose to ₹3,916 crore in the quarter ended December 31 from ₹2,678 crore a year earlier.
📝 Hindustan Zinc strikes gold on silver rally
📝 How to differentiate natural and lab-grown diamonds
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Oil & Gas / OMCs
RIL’s timeline on earnings visibility from new energy business unclear
Mumbai/Hyderabad: Reliance Industries Ltd (RIL), which is now focused on its new energy business, is being cautious about disclosing any earnings visibility from the projects, with no timeline specified.
HPCL inks long-term LNG sale and purchase agreement with ADNOC Gas
ALNG is a subsidiary of ADNOC Gas, which is a large-scale integrated gas processing and sales company operating across the gas value chain.
📝 Chain reaction: Rosneft on radar, new Russian oil suppliers pop up for India
📝 Mangalore Refinery & Petrochem scouts for Venezuelan oil as it halts Russian imports
📝 India’s retreat from Russian oil sends China’s Urals imports to a nearly three-year high
📝 India's MRPL scouts for Venezuelan oil as it halts Russian imports
📝 Gulf Oil Lubricants ties up with ACE, Ammann India and XCMG to expand infra play
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Coal / Mining
📝 Nalco eyes foray into rare earths, magnesium, chromite amid critical minerals push
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Power
BHEL Q3FY26: Profit jumps 190%, revenue rises 16%; Labour code impact not factored in
Maharatna PSU, Bharat Heavy Electricals (BHEL) has reported a 189.83% year-on-year (YoY) increase in its consolidated net profit to Rs 390.40 crore in Q3FY26, from Rs 134.70 crore in Q3FY25.
📝 Electricity Amendment Bill will be introduced in Budget Session: Manohar Lal
📝 Thermal power’s share in India’s generation to fall below 70% next fiscal: Crisil
📝 NCLAT upholds Adani Power's Rs 4k-cr acquisition of Vidarbha Industries Power
📝 Union Budget 2026: Electricity amendment bill likely in February session
📝 Thermal power share in generation to fall below 70 pc next fiscal: Crisil
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Renewable Energy
Vikram Solar leads the shift to G12R; benchmarks with 100% portfolio transition
Kolkata: Vikram Solar Limited, a leading Indian solar manufacturer focused on high-efficiency PV solutions, today announced a strategic transition to a fully G12R-based module portfolio, reinforcing its commitment to next-generation solar technology.
ABB accelerates renewable energy focus with wind power converter dispatch in India
LNK Energy launches integrated clean energy platform; to invest ₹10,000 crore
📝 Acme Solar commences operations of 68-MW capacity of 100-MW wind project in Gujarat
📝 Suzlon Group appoints Paulo Soares as President of Europe business
📝 World Economic Forum: Indian founders launch Rs 10,000 crore clean-energy platform LNK Energy
📝 ReNew lines up $500-million dollar bond issue
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Nuclear Energy
DAE’s nuclear pivot: Light water push to tap global markets, retain heavy water edge
📝 Power Ministry seeks to oversee civil nuclear energy development
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International
📝 Renewables push China's fossil‑fuelled power into first annual drop in 10 years
📝 Iron ore hits two-week low on China property woes
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