Page 6 - Saket Kumar

India faces copper crunch from energy transition, infra growth: CSEP report

The report by the Centre for Social and Economic Progress warns that India's copper imports could rise sharply unless mining, processing, and recycling capacity is scaled up

Power Ministry teams up with IMD to develop weather tools for renewables

The Power Ministry is collaborating with the IMD to develop advanced forecasting tools aimed at improving electricity demand predictions and supporting the integration of renewable energy

BS Infra Summit: 'Fossil fuels to remain vital as renewables face hurdles'

At the Business Standard Infrastructure Summit 2025, experts said fossil fuels will remain critical to India's energy mix due to gaps in storage, transmission and foreign tech reliance

India-West Asia undersea cable allows large trade: ISA DG Ashish Khanna

Khanna stressed that OSOWOG would help countries diversify their energy mix, particularly smaller economies that remain dependent on diesel

Lack of green H2 infra key issue in expanding clean transport: Gadkari

Gadkari underlined the need to shift away from private vehicles by offering airline-like facilities in public transport at lower costs

India awards 862,000 TPA green hydrogen capacity, eyes 10% of global demand

India awards 862,000 TPA green hydrogen capacity to 19 companies, aiming to capture 10% of global green hydrogen demand by 2030, says Union Minister Shripad Naik at FICCI Green Hydrogen Summit

Cabinet clears ₹9,814 cr projects for Kota-Bundi airport, Odisha ring road

Union Cabinet approves Rs 9,814 crore for new greenfield airport in Kota-Bundi and six-lane ring road connecting Cuttack and Bhubaneswar in Odisha, boosting infrastructure in Rajasthan and Odisha

JSW, Posco sign agreement to set up 6 MTPA steel plant in Odisha

Odisha being considered as a potential site; final terms of the agreement are subject to feasibility and approvals

Self sufficiency in critical minerals a work in progress, says PM Modi

Highlighting government efforts, PM Modi said the National Critical Minerals Mission (NCMM) has already been launched, with exploration work underway at more than 1,200 locations

MMDR Bill proposes mine expansion, relief on critical mineral charges

Bill allows easier lease expansion for deep-seated minerals, waives charges for critical minerals, removes captive sale cap, and sets up mineral exchanges to boost mining output

Govt targets 1K patents in critical minerals by 2031 under national mission

National Critical Mineral Mission to support innovation in exploration, processing, and recycling of key minerals to boost domestic tech and reduce import dependence

Coal India opens power market access for TPPs using linkage coal

The new rule applies to all existing and future FSAs and extends to all power generators, including central and state Gencos and independent power plants

Only nominated firms to mine offshore uranium, thorium under new norms

The new rules notified under the Offshore Areas Mineral (Development and Regulation) Act, 2002, are aimed at unlocking India's offshore atomic mineral potential

Ministry of coal awards 7 coal blocks in 12th round of commercial auction

Blocks expected to fetch Rs 720 crore in annual revenue, attract Rs 787.5 crore investment, and generate over 7,000 jobs, says Coal Ministry

Steel quality control order duplicative and hurts MSMEs, says GTRI

The report also flagged potential market distortion, citing exemptions for finished products like welded pipes, which appear to favour value-added imports over domestic manufacturing

Coal India Q1 net falls 20% to ₹8,743 crore on weak operating performance

Revenue drops 4.4% to Rs 35,842 crore; EBITDA margin down to 39.8% from 43.5%; EPS slips to Rs 14.19 in June quarter

Govt may mandate public procurement of 25% sustainable green steel

Ashwini Kumar, economic advisor to the Ministry of Steel, confirmed that public procurement would play a key role in creating a market for low-emission steel

Cabinet approves ₹7,000 crore NLCIL investment in renewables push

Centre eases investment restrictions for NLCIL, enabling 10 GW renewable energy target by 2030 and transfer of existing assets to new clean energy subsidiary NIRL

ICRA forecasts muted growth for mining and construction industry in FY26

ICRA predicts 2-5% growth for mining and construction in FY26 due to factors like erratic monsoons, delayed project awards, and rising equipment costs after regulatory changes

Govt proposes to align avg sale price of rock phosphate with global rates

Facing a DAP shortage, the Centre plans to link rock phosphate prices to global rates to encourage domestic production and reduce dependence on imports from Jordan, Morocco, and others