Top Indian Metal & Energy Industry News & Updates - 30 March 2026,Monday
Govt. Policy / Industry
Vedanta's Anil Agarwal questions Jaypee Associates bid decision, but analysts back Adani Group's faster recovery plan
New Delhi: Vedanta Chairman Anil Agarwal has taken to social media to criticise lenders after his group failed to secure the Jaiprakash Associates Ltd. assets, despite submitting what he says was a higher offer.
Vedanta set to split into five listed companies next month
India's Vedanta will break up into five listed companies early next month under a years-long restructuring programme aimed at reducing debt, the Financial Times reported on Saturday, citing an interview with Chairman Anil Agarwal.
Indian energy giants in talks with Angola to secure gas supply
Four Indian state-run oil and gas companies are in talks to source cooking and natural gas from Angola's public-sector major Sonangol as the country faces a supply shortage following the closure of the Strait of Hormuz during the Iran war, said two people aware of the developments.
Centre may add battery storage under revamped PM-KUSUM 2.0
Delhi: The centre is considering incorporating a new provision for battery energy storage in the revamped Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (PM KUSUM) scheme, as it works on formulating a new version of the flagship programme, The Indian Express has learnt.
Anil Agarwal calls for consistency in JP Associates resolution
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Iron & Steel
Odisha seeks nod to divert forest land for Tata Steel iron ore block
📝 PSEB recommends Ashok Kumar Panda as SAIL chairman
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Gold / Silver & Bullion
Gold, silver to remain range-bound, Powell speech, West Asia in focus: Analysts
New Delhi: Precious metal prices are expected to remain in a corrective phase next week as investors track geopolitical developments in West Asia and key macroeconomic data from major economies for fresh direction, analysts said.
Gold price falls ₹10 to ₹1,48,080; silver down ₹100, trades at ₹2,44,900
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Oil & Gas / OMCs
Oil prices jump after Yemen's Iran-backed Houthis rebels attack Israel
Oil prices extended gains on Monday after Yemen's Iran-aligned Houthis launched over the weekend their first attacks on Israel since the start of the US-Israel war with Iran, widening the conflict in the Middle East.
Analysts eye Reliance SEZ export duty clarity amid fuel tax rejig
New Delhi: The applicability of newly reimposed export windfall taxes on shipments of diesel and ATF from Reliance Industries' SEZ refinery remains the key uncertainty, following India's fuel duty overhaul, with significant implications for refining margins and government revenues, according to analysts.
'Reliance SEZ export duty clarity key under govt's fuel tax overhaul'
📝 PM backs ethanol blending as key to cutting crude imports
📝 India sends 38,000 MT petroleum to Sri Lanka amid global energy crisis
📝 Fuel supply across India stable, no shortage of petrol, diesel, LPG: HPCL
📝 West Asia conflict: CII proposes working with Centre to build strategic fuel, mineral reserves
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Coal / Mining
Coal India e-auction premium at 35% over notified prices in February
📝 Coal India to set up 8 new coking coal washeries spending ₹3,300 crore
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Power
📝 West Asia crisis: Energy price surge poses new challenges for India’s real estate sector
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Renewable Energy
ALMM II rollout may create solar cell shortage, spur investments: Fujiyama
📝 Some PM KUSUM projects get extension till March 2027
📝 Centre may add battery storage under revamped PM-KUSUM 2.0
📝 Uttarakhand CM Dhami approves over ₹500 crores allocation for infrastructure, ganga corridor, hydropower projects
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International
Germany to review restarting coal plants as Iran conflict hits energy costs
Germany will review whether to reactivate standby coal-fired power plants in an effort to reduce energy prices that have been elevated since the war in the Middle East.
📝 LME aluminium nears four year peak after Iran attacks on Gulf smelters
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