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Naveen Jindal weighs bid for EU firm CelsaNaveen Jindal, chairman of Jindal Steel, is considering a 5-billion bid for European steelmaker Celsa to enhance his operations. The discus...- SAIL flies in Mongolian coking coal as it seeks new supplies, sources saySteel Authority of India has airlifted a 1-metric-ton sample of coking coal from Mongolia for testing. This trial was initiated as part of ...
- TERI study finds CNG has lower lifecycle environmental burden than EVs under India's current power mixAs India steps up efforts to accelerate electric mobility and reduce its dependence on imported crude oil, a new study by The Energy and Re...
- Ellenbarrie Industrial Gases shares rise 5% after securing Rs 481 crore order from BHELEllenbarrie Industrial Gases shares rallied 5.10% after the company secured a Rs 481-crore contract from BHEL to build a 1,200 TPD cryogeni...
- China is building a new rulebook for dealing with the US — tariffs are only the beginning of a much broader resetChina and the United States have established a reciprocal framework for tariff reductions on approximately $30 billion of goods from each s...
- Natural gas defies energy shock as strong supply keeps prices in checkDespite crude oil volatility from West Asian geopolitical tensions, natural gas prices remain contained around $2.50-$3.50/MMBtu. Record US...
- The most uncertain sector also pays the most to wait. Watchlist for patient investors: 5 stocks with upside potential of up to 25%There are some interesting contrarian bets in the market. But going contrarian, or buying what everyone else is running away from, is not t...
- Captive coal plants asked to maximise output amid high power demandIndia has invoked Section 11 of the Electricity Act to enhance power generation from captive coal-based power plants. The directive require...
- China has kept its promise to stop funding overseas coal, but loopholes are helping coal expandChinese President Xi Jinping's 2021 pledge to halt overseas coal financing is being challenged by ongoing energy demands. While China has c...
- Uttarakhand, where Ganga and Yamuna originate, runs short of river water; state power grid announces power cuts up to 15 hrs due to lower monsoon rainfallUttarakhand, the source state of the Ganga and Yamuna, is facing power cuts of up to 15 hours after weak monsoon rainfall cut river flows a...
- India weighs mandatory blending of imported coal at power plants, sources sayIndia is considering asking thermal power plants to blend up to 5% imported coal with domestic coal to ease a supply crunch that has pushed...
- Coal to supply half of India’s power through 2035-36 as demand surgesIndia expects coal to generate half of its electricity by 2035-36 due to rising power demand. The Ministry of Power emphasizes the need for...
- Steel prices to stay firm as tight supply, duties fuel dealer inventory build-up: Centrum reportDomestic steel prices are forecasted to remain strong in the coming months due to tight supply constraints. Dealers are actively building i...
- Steel prices at 4-year high; trend to continue in H2: ReportDomestic steel prices have reached a four-year high, driven by costlier raw materials. Hot rolled and cold rolled coil prices have signific...
- Mundra Power Plant likely to run at full capacity till DecemberThe power ministry is considering extending specific provisions to the Mundra power plant, allowing it to function at maximum capacity unti...
- August core sector growth hits 3-month low as energy sectors lose steamIndia's core sector output growth slowed to 4.8 percent in August. This easing was due to contractions in energy sectors and an unfavorable...
- India can do without US steel exports, says Naveen Jindal; flags domestic demand as key growth driverNaveen Jindal, chairman of Jindal Steel, said India can sustain its steel industry without depending on exports to the US, as domestic dema...
- Nearly 40% of India's coal power plants running critically low on fuel, data showNearly 40% of India’s coal-fired power plants are operating with critically low coal stocks as high power demand and weather disruptions af...
- IEX power prices hit ₹20/unit ceiling as strong demand and tight supply pressure the marketIndia’s electricity market has seen prices surge in September as strong power demand and tighter supply pushed the High Price Day-Ahead Mar...
- India’s scorching summer sends coal imports to 15-month high in AugustIndian power sector coal imports reached a 15-month peak in August. This surge occurred as electricity demand rose significantly due to a h...
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