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West Asia Crisis: Indian paper industry faces rising energy cost, export disruption
India's paper sector confronts rising energy expenses and potential export market disruptions. West Asia is a significant buyer of Indian paper and paperboard. Geopolitical tensions in the region are impacting energy supplies and chemical imports. Export-oriented nations like China and Indonesia may divert surplus paper to India, creating price pressure on domestic manufacturers.
Renewable Ministry looks to charge up ancillary firms for better grid
India's Ministry of New and Renewable Energy will soon create opportunities for ancillary market players in the clean energy sector. This initiative aims to improve grid management through services like frequency control and voltage support. The Central Electricity Authority is developing a paper on this subject. This move will help integrate more renewable energy into the grid.