Top Indian Metal & Energy Industry News & Updates - 25 March 2026,Wednesday
Govt. Policy / Industry
NCLAT declines Vedanta's plea to stay Adani Group's bid to acquire JAL
The ripple effect: Metal SMEs stall as fuel, freight shocks bite
At a small coating unit in Pune, half-finished steel coils have been lying idle for days after production stopped mid-cycle. What would typically be a continuous process has been interrupted by something as basic as fuel availability, leaving both machinery and orders in limbo. Across the country’s metal MSME clusters, similar disruptions are playing out as a shortage of LPG and propane, which are key fuels for reheating, annealing and coating, forces units to shut or scale down operations. The crunch, triggered by the ongoing conflict in West Asia, has sharply increased fuel costs and made supplies erratic, hitting smaller downstream manufacturers the hardest.
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Iron & Steel
Steel companies gear up for further hike in prices
Mumbai: Steel companies are gearing up for substantial increase in prices with the recent spike in key raw material and logistics costs on the back of the ongoing war in West Asia.
Jindal Stainless commissions Indonesia melt shop, plans ₹900 cr capex
West Asia crisis: Jindal Steel doubles Angul complex capacity to 12 MTPA
📝 India's iron ore imports set to hit 7-year high in 2025-2026
📝 Godawari Power & Ispat to set up ₹7,000 crore steel plant in Chhattisgarh
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Aluminium & Copper
Aluminium extrusion industry grappling with LPG, PNG crisis amid Iran war
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Gold / Silver & Bullion
5 reasons why gold & silver may lose their glitter this year
Gold and silver had a dazzling run in 2024 and 2025, rising by over 25 per cent in 2024 and over 60 per cent in 2025.
Gold futures fall Rs 2,260 to Rs 1.37 lakh/10g amid West Asia tensions
On the Multi Commodity Exchange (MCX), the yellow metal for April delivery decreased by Rs 2,260, or 1.62 per cent, to Rs 1,37,000 per 10 grams.
Govt extends India-UAE CEPA gold import license validity till June 30
Gold rebounds ₹1,200 to ₹1.44 lakh/10g in Delhi; silver stays flat
📝 Silver futures slide Rs 9,467 to Rs 2.15 lakh per kg; extends 10-day rout amid volatility
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Oil & Gas / OMCs
Sufficient stocks of Petrol, Diesel available; No need for panic buying: Government
New Delhi: The country has sufficient stocks available with sufficient supply of petrol and diesel, a senior official confirmed on Tuesday. Speaking at an Inter-Ministerial Briefing on Recent Developments in West Asia, Sujata Sharma, Joint Secretary, Ministry of Petroleum and Natural Gas, stated that all refineries currently operate at high capacity with adequate crude inventories.
Crude futures jump ₹204 to ₹8,549/barrel amid geopolitical uncertainty in West Asia
New Delhi: Crude oil prices rebounded in futures trade on Tuesday, rising by ₹204 to ₹8,549 per barrel amid uncertainty over geopolitical developments in West Asia.
BPCL–Sembcorp JV wins India's lowest green hydrogen supply contract
NeuEN Green Energy, a joint venture between BPCL and a unit of Singapore’s Sembcorp Industries will supply 10,000 tonnes per annum green hydrogen to Numaligarh Refinery, the companies said, at a record low price.
ONGC needs more than higher crude oil prices
Markets have been unforgiving this month, with the benchmark Nifty50 index down almost 10%. But Oil and Natural Gas Corp. Ltd (ONGC) has held up far better, slipping just 3.5%.
Bharat Petroleum appoints Trade Director Manoj Heda to lead Singapore unit
India's state-run Bharat Petroleum Corp has appointed its international trade head, Manoj Heda to lead its Singapore-based trading unit, company sources said.
Mahanagar Gas offers free fuel, bill adjustment for PNG customers
📝 AIDA urges govt for commercial rollout of flex-fuel vehicles amid soaring global crude oil prices
📝 Nayara's 35-day halt may shave 8% off India refining capacity amid Iran war
📝 ONGC floats $20 billion global tender for deepwater rigs
📝 Reliance buys 5 million barrels of Iranian oil after US waiver, sources say
📝 Oil rebounds sharply as Iran denies talks, markets refocus on supply risks
📝 How India keeps petrol, diesel prices stable despite surge in crude price
📝 QatarEnergy declares force majeure on long-term LNG supply contracts
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Coal / Mining
Coal India’s Central Mine IPO sails through on final day led by QIBs demand
Coal India falls 3% as board approves SECL, Mahanadi Coalfields divestment
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Power
Tata Power Mundra plant inks supplementary PPA with GUVNL
Tata Power on Tuesday said its arm Coastal Gujarat Power Ltd (CGPL), which operates Mundra plant has signed supplementary power purchase agreements (PPA) with GUVNL (Gujarat).
Adani Power’s supply to Gujarat falls 15% in 2025 even as demand rises in the State
Power supply by Adani Power to the Gujarat government declined by about 15 per cent in calendar year 2025, even as overall electricity consumption in the State inched higher, while surplus power sales dropped sharply.
Hindustan Power secures LoI for platinum exploration block in MP
📝 Sterlite Electric names Frederic Trefois as Group CEO amid grid push
📝 Kalpataru Projects International secures orders worth Rs 4,439 crore; transmission projects span Africa, India, Sweden
📝 PFC names consultants for merger with REC
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Renewable Energy
NTPC Green Energy inks MoU with Nxtra Data for RE power supply
NTPC Green Energy Ltd (NGEL) signed a Memorandum of Understanding with Nxtra Data Ltd on Tuesday to develop renewable energy projects for supplying round-the-clock (RTC) power to Nxtra’s data centres across India.
Suzlon bags 100 MW wind energy project from GAIL
New Delhi:Suzlon Group on Tuesday on Tuesday said it has secured a wind energy project of 100 MW from Gas Authority of India Ltd (GAIL).
ACME Solar commissions 155 MW / 470 MWh of battery storage in Rajasthan
ACME Solar Holdings Limited on Tuesday commissioned an additional 155 MW / 470.25 MWh of Battery Energy Storage System (BESS) capacity in Rajasthan, taking its total commissioned BESS to 297.67 MW / 951.74 MWh.
📝 KPI Green Energy's total energised capacity reaches 965 MWp
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International
📝 Copper falls after Iran denies talks to end war
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