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Govt may shift 40 GW green capacity to FDRE

Govt may shift 40 GW green capacity to FDRE

Govt may shift 40 GW of uncontracted green capacity to Firm and Dispatchable Renewable Energy (FDRE) projects, combining wind, solar, and battery storage. This addresses 45.34 GW awaiting PPAs, ensuring 24x7 power.
NLC India: Reinvention via clean energy, mining, storage push

NLC India: Reinvention via clean energy, mining, storage push

NLC India commits `1.17 lakh crore` for a major energy shift, targeting 10GW thermal and 10GW renewable capacity by 2030. `41,000 crore` is for green energy, `50,000 crore` for thermal, and `14,000 crore` for mining expansion.
Nymwag opens freight wagon building plant in India

Nymwag opens freight wagon building plant in India

Czech Nymwag opened a freight wagon plant in Kolkata, a JV with Texmaco Rail. It targets 2,500 cars annually, becoming India's first foreign wagon builder in a market needing 540,000 wagons by 2031.
Blaze Contained at Assam's BVFCL Urea Plant

Blaze Contained at Assam's BVFCL Urea Plant

A fire, likely from a gas leak, erupted at Assam's BVFCL urea plant in Dibrugarh. It was controlled within an hour by multiple fire tenders, with no injuries reported. Damage assessment is underway.
India to pause coal power expansion beyond 2035 amid grid stress

India to pause coal power expansion beyond 2035 amid grid stress

India aims for 307 GW coal capacity by 2035, pausing further expansion due to grid stress and clean energy integration. A decision on post-2035 coal additions will be made after three years, assessing demand and integration speed.
EU trade team to meet Piyush Goyal tomorrow over FTA talks

EU trade team to meet Piyush Goyal tomorrow over FTA talks

EU trade team meets Piyush Goyal over FTA talks, aiming for a year-end deadline. Differences remain on steel, carbon tax, and autos. Bilateral trade reached USD 136.53 billion in 2024-25.
Mysuru-Kushalnagar National Highway 275: Green nod for Package 2; work to begin tomorrow

Mysuru-Kushalnagar National Highway 275: Green nod for Package 2; work to begin tomorrow

Green nod received for Package 2 (22.7-km) of the Rs. 4,126-crore Mysuru-Kushalnagar NH-275 project, with work starting tomorrow. This 92.3-km, 4-lane highway aims to ease travel and boost regional development.
CMD BCCL Issues Key Directives to Officials During Review Meeting on Coal Quality Strategy

CMD BCCL Issues Key Directives to Officials During Review Meeting on Coal Quality Strategy

BCCL CMD Manoj Kumar Agarwal chaired a review on coal quality strategy, emphasizing zero tolerance, accountability, and technology. He directed officials to ensure consumer satisfaction and prompt resolution, aiming to set new benchmarks in quality and reinforce trust.
MNRE refutes reports of advising lenders to pause funding for renewable energy

MNRE refutes reports of advising lenders to pause funding for renewable energy

MNRE denied advising lenders to pause renewable energy funding, instead encouraging calibrated financing for solar manufacturing. It shared data to expand lending beyond modules to upstream components, supporting India's 500 GW non-fossil fuel capacity by 2030.
Al Jouf Cement inks SAR 24.8M export contract to Syria, Palestine

Al Jouf Cement inks SAR 24.8M export contract to Syria, Palestine

Al Jouf Cement secured a SAR 24.75M contract with Al-Inma National to export cement to Syria and Palestine. Valued over 9% of revenues, the one-year deal, signed Dec 7, runs until Dec 2026, positively impacting financials from Q4 2025.

Mild Steel Prices

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