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The Indian government is set to begin the auction of critical mineral mines in the coming weeks. The blocks that will be up for auction include nickel, lithium, cobalt, platinum, and rare earths. The tender seeking bids is expected to be released in December, with auctions starting three months later. These reforms are aimed at boosting exploration and securing critical mineral assets. State-run enterprises and energy giants are actively seeking these valuable mineral resources, with India's focus on regions like Australia and South America.

NTPC: The company achieved a coal production of 16.05 million metric tonnes (MMT) during H1 FY24, as compared to 8.76 MMT in H1 FY23 (April-September 2022).

State-run power company NTPC has reported an 83% increase in coal production in the April-September period of this financial year compared to the same period last year. The company achieved a coal production of 16.05 million metric tonnes during this period, compared to 8.76 million metric tonnes in the previous year.

The Indian government is working on finalizing procedures to pool tariffs of renewable energy capacities, aiming to make electricity tariffs uniform for power distribution companies. This plan involves creating separate pools for different types of renewable energy projects, such as solar, wind, and hybrid, based on their technologies. The weighted average of tariffs from these pools will be determined and could be revised monthly.

Renewables Growth: The promising renewables market in India could be stifled by the high cost of power storage, which will become an essential component of the transition away from fossil fuels, Robert Piconi, chief executive officer of the company, said in a interview.