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May Core Sector Growth Slumps To 0.5%, Lowest In Seven Months
The slowdown was led by a sharp decline in coal production, which contracted 9.3% year-on-year during the month.
Asian Energy Services wins EPC project of Rs 187.62 cr from Gujarat State Electricity Corporation
Asian Energy Services has secured a Rs 187.62 crore EPC contract (including GST) from Gujarat State Electricity Corporation (GSECL) for enhancement of a coal handling plant in Ukai Gujarat.
BHEL, Coal India investing Rs 25,000 crore in Odisha coal gasification project: G Kishan Reddy
A significant Rs 25,000 crore investment by BHEL and Coal India Limited is set to transform Odisha's coal sector. This ambitious project will explore coal gasification, moving beyond traditional power generation to unlock new opportunities in fertilizer production and boost downstream industries.
NTPC installs 5 GWh battery storage at coal plants in Rs 5,000 crore push to cut renewable curtailment
NTPC is installing 5 gigawatt-hours of battery storage at its coal power plants. This initiative aims to reduce renewable energy that goes unused. The investment is around 5,000 crore rupees. These battery systems will absorb excess solar and wind power. The Central Electricity Regulatory Commission has approved a tariff structure for these projects.
India's thermal coal imports sink to a 4-year low as green energy reshapes demand
India's thermal coal imports have reached a four-year low. This decline is attributed to higher domestic coal output and a significant rise in renewable energy generation. The country is actively reducing its dependence on imported coal for power. Increased local production and growing green energy sources are reshaping India's energy landscape.
Bharat Coking Coal shares jump 10% after monetising Dugda Coal Washery to JSW Steel
BCCL said this initiative will strengthen coal beneficiation, improve the availability of quality washed coking coal and support the objectives of Mission Coking Coal by reducing import dependence.
Hindalco, Coal India: UBS turns selectively bullish on Indian metal sector
Aluminium remains is UBS' preferred sub-sector, that offers a mix of earnings growth (cyclical tailwinds), valuation support, and potential to deleverage.
Government's Q1 Disinvestment Receipts Set To Cross Rs 15,000 Crore, Supporting FY27 Fiscal Deficit Target
OFS in Coal India, NHPC, NLC India, Central Bank and GIC Re have helped the government raise nearly Rs 14,000 crore through stake sales so far.
GIC shares in focus as OFS opens for non-retail investors today — Check issue size, discount
With this OFS, the Centre's divestment collections are set to cross ₹15,000 crore within a month. Prior to this, the government's disinvestment drive included Coal India, Central Bank of India, NLC India and NHPC.
JSW Energy gains on acquiring Chhattisgarh-based thermal power plant operator
JSW Energy added 1.32% to Rs 567 after the company said that it has signed a definitive agreement with Kolahai Infotech and SFI Parcel Services to acquire 100% equity shares of Maruti Clean Coal & Power (MCCPL).
Why Coal India Could Become One of the Market’s Most Watched Stocks This Week - Investing.com India
Why Coal India Could Become One of the Market’s Most Watched Stocks This WeekInvesting.com India
Hindalco Over Tata Steel, NMDC: UBS Chooses Its Metal Of The Moment; Check Top Picks
The brokerage launched coverage on eight companies with Buy ratings on Hindalco, NALCO and Coal India, Neutral ratings on Tata Steel, JSW Steel and Jindal Steel, and Sell ratings on SAIL and NMDC.