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Chile offers India critical minerals play as CEPA talks near finish line

Chile offers India critical minerals play as CEPA talks near finish line

Chile offers India critical minerals like copper (20% reserves) and lithium (30% reserves) for green transition, alongside semiconductor talent. CEPA talks aim for Q3/Q4 completion, securing India's supply chains.
Power Ministry eyes recovery of ₹800 cr dues from West Bengal

Power Ministry eyes recovery of ₹800 cr dues from West Bengal

Power Ministry aims to recover ₹800 crore dues from West Bengal and address ₹15,000 crore losses. Smart Meter Programme for 20 million consumers starts in July, focusing on efficiency and financial sustainability.
Chinese stock draws cap spot crude rally

Chinese stock draws cap spot crude rally

China began drawing down its massive onshore crude inventories from the week of May 5, following over two months of sustained builds during the initial Hormuz blockade phase.
Oil markets are betting on a swift end to the Iran war. Investors may regret it

Oil markets are betting on a swift end to the Iran war. Investors may regret it

Oil markets are betting on a swift end to the Iran war, with futures pricing a quick resolution. However, analysts warn that investors and consumers are likely to face disappointment.
HC orders interim stay on TNGECL letter stalling wind, solar projects in TN

HC orders interim stay on TNGECL letter stalling wind, solar projects in TN

Madras HC ordered an interim stay on TNGECL's letter stalling 226 solar (736.5MW) and 7 wind (400MW) projects in TN, citing irregularities. SunPro Renewable Energy's petition highlighted investments and bank guarantees.
Refiners adjust to new crude mix as Hormuz crisis tightens supply

Refiners adjust to new crude mix as Hormuz crisis tightens supply

Indian refiners are adapting plants to new crude mixes due to the Hormuz crisis, seeking alternative sources and optimising operations. Lummus Technology aids this shift, noting strong interest in new projects like gas-to-chemicals and refinery expansions, creating opportunities despite regional conflicts.
Modi Tells India To Save Fuel, Stop Buying Gold, Cut Overseas Travel

Modi Tells India To Save Fuel, Stop Buying Gold, Cut Overseas Travel

PM Modi appealed to citizens to conserve fuel, cut gold buying, and reduce foreign travel to save foreign exchange. He also pushed for WFH, domestic tourism, and 50% less chemical fertilizer.
APSPDCL launches prepaid smart metering for govt electricity services

APSPDCL launches prepaid smart metering for govt electricity services

APSPDCL launched prepaid smart metering for 34,496 government electricity services across 9 districts, effective June 1. Rs 15 crore pre-charged aims to boost financial transparency, eliminate arrears, and strengthen power distribution.
Centre targets nearly 300 GW power generation capacity by next year: Manohar Lal Khattar

Centre targets nearly 300 GW power generation capacity by next year: Manohar Lal Khattar

India aims for nearly 300 GW power capacity next year, emphasizing nuclear energy to reach 100 GW by 2047. Urban infrastructure projects worth Rs 1,200 crore are slated for Tripura, alongside significant solar power expansion.
Coal India Rules Out Coal Shortage Amid Peak Summer Power Demand

Coal India Rules Out Coal Shortage Amid Peak Summer Power Demand

Coal India confirms no shortage, with 168 MT coal available to meet peak summer demand, supporting 19 days of consumption. Stocks at mine heads increased 10% year-on-year, ensuring adequate supply for power plants.

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