Top Indian Metal & Energy Industry News & Updates - 13 March 2026,Friday
Govt. Policy / Industry
📝 LPG shortage: PM Modi warns black marketers, unveils energy strategy
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Iron & Steel
Stainless steel industry to push for separate policy in meeting with govt
Jindal Steel declared preferred bidder for Rengalaberha North-East Extension and Nuagan west iron ore block in Odisha
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Aluminium & Copper
Novelis to raise $225 million through municipal bond issuance
Aluminium industry seeks exemption from 50% RoDTEP rate cut on exports
📝 PESB recommends Anupam Misra as CMD of Hindustan Copper Limited
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Gold / Silver & Bullion
Gold price falls ₹10 to ₹1,62,210; silver down ₹100, trades at ₹2,79,900
📝 Mandatory gold hallmarking expanded to 7 more districts
📝 Silver price gains Rs 1,500 to Rs 2.76 lakh/kg amid firm global trend
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Oil & Gas / OMCs
Oil reserve release had 'strong impact' on energy markets: IEA head
The IEA's decision to release 400 million barrels of oil from global strategic reserves has already had a "strong impact" on energy markets, which are in an "extremely critical period" after the closure of the Strait of Hormuz, its Executive Director Fatih Birol said on Thursday.
Oil near $100 again: How India is bracing for impact of the Hormuz crisis
Crude prices have seen a fresh spike as the tension continues to escalate across West Asia. The Brent oil futures, the global benchmark for oil, once again breached the $100/bbl mark in early Asian trade while the US benchmark, West Texas Intermediate, is trading near the $95/bbl level.
Asian crude scramble pushes up India’s oil bill
CNG vehicle owners in Delhi go into panic-buying mode
India dials Iran for safe transit of its vessels through Strait of Hormuz
If crude remains near USD 100/bbl, each month of crisis to add Rs 30,000 cr additional cost for centre: Report
India's crude supply secure, LPG production increased: Hardeep Puri
India examining requests from neighbours for energy supplies: MEA
📝 Gulf crisis: GAIL halts gas supply to Yelahanka power plant; generation may be hit
📝 Crude spikes on Middle East fears; Brent at $100, WTI jumps nearly 9%
📝 India explores strategic LNG storage to boost energy security amid supply shocks
📝 Brent crude oil tops $100 a barrel as Iran attacks on shipping raise supply fears
📝 India urges calm on LPG supply as Iran war disrupts imports and energy shipping
📝 Iran threatens to 'set region's oil and gas on fire' if energy infrastructure attacked
📝 India pumps up Russia oil buy by 45% in March
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Coal / Mining
Higher coal prices, demand are near-term positives for Coal India
📝 Coal India faces heat from renewables despite near-term pricing uptick
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Power
War fuels power stocks: BSE Power records highest closing level in 14 months
While the US-Iran war has been causing tremors across the board in the Indian equity market, there are a few players reaping the benefits. Shares of several utility and power companies, for instance, went over the roof and were the top performers on Thursday in an otherwise weak market.
📝 'Alternate sources in play to meet peak power demand this summer'
📝 Capital’s peak power demand set to cross 9,000 MW: SLDC
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Renewable Energy
ACME Solar secures 25-year PPA with SJVN for renewable energy, expands battery storage in Rajasthan
Solar energy sector company ACME Solar has signed multiple power purchase agreements (PPA) with public sector company SJVN. In an exchange filing, Acme Solar stated that it will deliver 450 MW/1800 MWh of power under a Firm and Dispatchable Renewable Energy (FDRE) project.
Wind equipment manufacturers body urges Oil Ministry for reliable LPG supply
📝 Centre reviews 1-GW offshore wind tender timing
📝 India with its strong push toward urbanisation, green energy plays to our strengths, says La Caisse CEO Emond
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Nuclear Energy
📝 About 6,600 MW nuclear capacity under construction in the country
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International
📝 Iron ore climbs as Hebei mills resume output; auto weakness caps upside
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