critical-minerals

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Budget 2025 Focuses on Clean Energy Manufacturing, Halves Solar Module Duty to 20%

Finance Minister Nirmala Sitharaman reaffirmed the government’s commitment to strengthening domestic value addition and enhancing India’s manufacturing...

February 1, 2025

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Arjun Joshi

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Finance and M&A

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Renewable Energy
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Cabinet Approves ₹163 Billion National Critical Mineral Mission

The Union Cabinet has approved the National Critical Mineral Mission with an expenditure of ₹163 billion (~$1.88 billion) and an expected investment of ₹180 billion (~$2....

January 29, 2025

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Arjun Joshi

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Other

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Renewable Energy
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Mines Ministry Auctions Two New Critical Mineral Blocks, Completes Tranche IV

The Ministry of Mines has concluded the e-auction of two more mineral blocks under Tranche IV to secure critical and strategic minerals essential for India’s industrial...

November 28, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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Daily News Wrap-Up: Rajasthan Invites Bids for 500 MW/1,000 MWh BESS

Rajasthan Rajya Vidyut Utpadan Nigam (RRUVNL) has invited bids to set up 500 MW/1,000 MWh standalone Battery Energy Storage Systems (BESS) with a greenshoe option of 500...

November 8, 2024

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Mercom Staff

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Daily Wrap-up
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Government Cancels Auction of 14 Critical Minerals, Launches Fourth Tranche

The Ministry of Mines has launched the fourth tranche of e-auction for critical and strategic minerals, offering concessions for 21 mineral blocks, even as it canceled...

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Ministry Launches Third Tranche of Auction for Seven Critical Mineral Blocks

The Ministry of Mines has unveiled the third tranche of e-auction for critical and strategic minerals. The auction will grant concessions for seven critical mineral...

March 15, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Battery Materials Recycler LOHUM Secures ₹4.5 Billion in Series B Funding

India-based battery materials producer LOHUM has raised ₹4.5 billion (~$54 million) in a series B funding from Singularity Growth, Baring Private Equity, Cactus Venture...

March 13, 2024

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Mercom Staff

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Energy Storage

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Finance and M&A
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Karnataka, Rajasthan Launch Auction of Exploration Licenses for Critical Minerals

In a first for India, Karnataka and Rajasthan have launched an auction of exploration licenses for critical and deep-seated minerals, which play a critical role in the...

March 11, 2024

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Staff

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Other

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Renewable Energy
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India Launches Second Tranche of Auction for Critical and Strategic Mineral Blocks

The Ministry of Mines has issued the second tranche of the auction for the grant of concessions for 18 critical and strategic mineral blocks across eight states, with 17...

March 1, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Daily News Wrap-Up: GUVNL’s 500 MW Solar Auction Results

SJVN Green Energy, Hinduja Renewables Energy, Avaada Energy, and Solarcraft Power India 5 (Blupine Energy) won Gujarat Urja Vikas Nigam’s auction to purchase power from...

December 28, 2023

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Arjun Joshi

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Daily Wrap-up
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Government to Cap Performance Security Payments for Critical Mineral Auctions

The Ministry of Mines has proposed changes to the Mineral (Auction) Rules, 2015, to cap the amount of performance security and upfront payments payable after winning the...

December 27, 2023

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Arjun Joshi

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Other

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Renewable Energy
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China Bans Export of Rare Earths Extraction and Processing Technology

In yet another move to protect its control over clean energy supply chains, China has banned the export of technology to extract and process some rare earth metals. The...

December 26, 2023

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B.S. Nagaraj

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Other

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Renewable Energy
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Month in a Minute: Top Headlines from the Indian Renewable Sector in November 2023

Here is a recap of important headlines from November 2023: In the first nine months of 2023, India has installed 5.6 GW of solar power capacity, marking a ~47%...

December 5, 2023

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Satish Shetty

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Other

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Renewable Energy
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Daily News Wrap-Up: India Adds 1.3 GW of Rooftop Solar Capacity in 9M 2023

India installed over 1.3 GW of rooftop solar capacity in the first nine months of the calendar year 2023, an increase of 12% year-over-year (YoY), according to Mercom...

December 1, 2023

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Mercom Staff

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Daily Wrap-up
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Ministry of Mines Issues Tender for 20 Critical Minerals Blocks

The Ministry of Mines has invited bids for the grant of concessions for 20 critical mineral blocks across seven states and one union territory. The selection of eligible...

November 30, 2023

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Gautamee Hazarika

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Other

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Renewable Energy

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