Gujarat invites bids for 150 MW solar projects

Coal India and NMDC eye lithium mines

Coal India and NMDC, two of India's foremost mining companies, are actively exploring opportunities to delve into the lithium mining sector overseas. With the increasing global demand for lithium, driven primarily by the surge in electric vehicles and renewable energy storage solutions, the move signifies a strategic shift in the companies' focus towards emerging minerals crucial for the future of clean energy. As traditional mining commodities face fluctuating demand and environmental scrutiny, diversifying into lithium presents a forward-looking approach for sustainable growth.

Lithi..

Unlocking India's Critical Minerals Potential

India's Ministry of Mines is poised to host a landmark event, the Critical Minerals Summit, in New Delhi, signalling a pivotal moment in the nation's pursuit of self-sufficiency in mineral resources. This strategic initiative aims to bolster India's domestic supply chain of critical minerals, essential for various industries including energy, electronics, and defence. With a focus on reducing dependency on imports and fostering indigenous production, the summit convenes stakeholders from government, industry, and academia to explore avenues for sustainable mining practices, technology innovati..

India to Auction 20 Critical Mineral Blocks

India is set to enhance its mineral sector with the upcoming auction of approximately 20 critical mineral blocks by the end of June. This initiative, spearheaded by the Mines Ministry, aims to accelerate the country's mining industry and reduce dependency on imports for crucial minerals. The move aligns with India's broader strategy to enhance self-sufficiency in key sectors and bolster domestic production.

The auction of these mineral blocks signifies a significant step towards unlocking India's vast mineral potential. With increasing demand for minerals across various industries incl..

Jindal Steel & Power's Q4 Profit After Tax Doubles to Rs 9.33 Bn

Jindal Steel & Power Limited (JSPL) has reported a remarkable achievement in its financial performance for the fourth quarter, with its profit after tax (PAT) doubling to Rs 9.33 billion. This significant growth underscores the company's robust operational performance and strategic initiatives, reflecting its resilience and adaptability in the competitive steel and power sectors.

The doubled PAT for the fourth quarter is a testament to JSPL's effective management strategies and operational efficiency. It signifies the successful execution of the company's growth plans and its ability to..

India's Peak Power Demand to Surge

India is bracing for a substantial increase in peak power demand this May, with the Power Ministry forecasting a daytime peak of 235 GW and an evening peak of 225 GW. This surge underscores the country's escalating energy needs amid rising temperatures and economic activities.

The anticipated peak demand is significantly higher than previous records, reflecting the growing consumption patterns driven by urbanisation, industrial activities, and increased usage of air conditioning. The Ministry's projections are based on data from the Central Electricity Authority (CEA), which monitors a..