Category Archives: energy

agriculture, commodities, economy, energy, markets

Corn Posts Gains on Wednesday as Ethanol Output Rebounds

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The corn market closed with gains across most contracts on Wednesday, with contracts 1 to 2 rising 14 cents higher on the day. The CmdtyView national average Cash Corn price was up 2 3/4 cents at $3.80 1/2. So far this month, the average close for December futures has been $4.20.

Data from the Energy Information Administration (EIA) released this morning showed total ethanol production at 1.071 million barrels per day for the week ending October 3. This marked a weekly rebound of 76,000 barrels per day. However, ethanol stocks continued to tighten, declining by 44,000 barrels to 22.72 million barrels.

Ethanol exports increased by 50,000 barrels, reaching 138,000 barrels per day. Meanwhile, refiner inputs of ethanol decreased by 13,000 barrels per day to 892,000 barrels per day.

Please note, Export Sales data will not be reported on Thursday due to the government shutdown. Nevertheless, traders surveyed by Reuters anticipate corn sales between 1.2 and 2 million metric tons (MMT) for the week of October 2.

Looking at Brazil, the National Association of Grain Exporters (ANEC) estimates corn exports at 6 MMT for October, which would be an increase compared to the 5.67 MMT exported in October 2023.

Regarding futures pricing, December 2025 corn closed at $4.22, up 2 1/4 cents. Nearby Cash Corn was $3.80 1/2, up 2 3/4 cents. March 2026 corn closed at $4.37 3/4, up 1 1/2 cents, while May 2026 corn closed at $4.46 1/4, gaining 1 cent.

*Don’t miss a day:* From crude oil to coffee, sign up for Barchart’s best-in-class commodity analysis for free.

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On the date of publication, Austin Schroeder did not hold any positions, directly or indirectly, in the securities mentioned in this article. All information and data presented are solely for informational purposes.

For more details, please view the [Barchart Disclosure Policy](#).

The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
https://www.nasdaq.com/articles/corn-posts-gains-wednesday-ethanol-output-rebounds

automotive, business, energy, environment, technology

Nissan Bets on All-New Leaf to Drive Its Corporate Revival

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“The new Leaf has evolved in every aspect—performance, comfort, and efficiency,” said Nissan Japan Marketing Chief Zen Sugimoto.

The most notable feature is its extended driving range: over 700 kilometers on a single charge, roughly 40% longer than the previous model. Charging time has also been significantly reduced, allowing the car to travel up to 250 kilometers after just 15 minutes of charging. With government subsidies applied, the price will be around 3.5 million yen.

For Nissan, the Leaf is a symbolic vehicle. As the world’s first mass-produced electric car, it once shocked the global automotive industry. Former Prime Minister Junichiro Koizumi commented at the time, “I’m confident it will spread as we move toward a society free from oil dependence.” Former CEO Carlos Ghosn also declared, “As a zero-emission leader, Nissan Leaf marks the first step toward a new era.”

However, the early bet on EVs faced challenges—charging infrastructure lagged behind, and the driving range fell short of consumer expectations. During that time, Tesla rapidly expanded with innovative production methods and cutting-edge technology, rising to dominance in the EV market.

Now that electric vehicles are gradually becoming mainstream in Japan, competition has intensified. Honda recently introduced a mini EV, Suzuki plans to enter the market with a compact EV, and China’s BYD is set to launch its own mini electric model in Japan next year.

Meanwhile, Nissan has been struggling financially, reporting massive net losses, closing seven factories, and cutting 20,000 jobs as part of restructuring measures. The Leaf now represents the company’s hope for revival.

“We take pride in leading Nissan’s brand through electric vehicles,” Sugimoto said. “With this Leaf, we aim to create a world that embodies Re: Nissan.”

Whether the new Leaf can become the symbol of Nissan’s resurgence remains to be seen.
https://newsonjapan.com/article/147200.php

energy, environment, government, poverty reduction, technology

Maharashtra Rolls Out Rooftop Solar Scheme For Low Users, 90–95% Subsidy To Help Slash Electricity Bills To Zero

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**Maharashtra Government Launches Major Rooftop Solar Subsidy Scheme for Low-Income Households**

Mumbai: In a significant move to promote clean energy and reduce electricity costs for disadvantaged families, the Maharashtra government has introduced the Swayampurna Maharashtra Residential Roof Top (SMART) Solar Scheme. This ambitious initiative aims to provide a substantial subsidy of 90 to 95 percent for eligible consumers to install rooftop solar panels, helping them cut their power bills to nearly zero by harnessing solar energy.

### Who Will Benefit from the Scheme?

The SMART Solar Scheme primarily targets Below Poverty Line (BPL), Scheduled Caste (SC), and Scheduled Tribe (ST) households that consume less than 100 units of electricity per month. Under this program, these families will pay only a small fraction of the installation cost, with the central and state governments covering the rest.

For instance, the cost of a 1KW solar system is approximately Rs 50,000. Here’s how the subsidy breaks down:

– **BPL Households:** Central government subsidy of Rs 30,000 + State government subsidy of Rs 17,500, with the consumer paying just Rs 2,500.
– **SC/ST Households:** Total subsidy of Rs 45,000, leaving the consumer responsible for Rs 5,000.
– **Other Low-Usage Consumers (below 100 units, not BPL/SC/ST):** Subsidy of Rs 40,000, with a consumer contribution of Rs 10,000.

### Budget and Implementation Plans

The Maharashtra government has allocated Rs 330 crore for the financial year 2025–26 and Rs 325 crore for 2026–27 to support this scheme. Implementation will be handled by the Maharashtra State Electricity Distribution Company Limited (MSEDCL), funded through the state budget.

Officials expect the scheme to benefit at least 5 lakh families, including approximately 1.5 lakh BPL users and 3.5 lakh other low-usage households. After installation, the solar system supplier will manage maintenance for a period of five years, ensuring hassle-free operation for beneficiaries.

### Priority for Remote and Needy Areas

Special emphasis will be placed on remote and tribal regions such as Melghat, Nandurbar, and Gadchiroli, where affordable electricity access remains a challenge. The government hopes that by promoting rooftop solar power in these areas, not only will families receive inexpensive and reliable electricity, but they may also generate additional income by selling surplus solar energy back to the grid.

This initiative marks a critical step toward sustainable energy adoption and economic upliftment for some of Maharashtra’s most vulnerable communities.
https://www.freepressjournal.in/business/maharashtra-rolls-out-rooftop-solar-scheme-for-low-users-9095-subsidy-to-help-slash-electricity-bills-to-zero

business, economy, energy, india, mining

Arunachal Pradesh’s first commercial coal mine starts operations tomorrow

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**Arunachal Pradesh’s First Commercial Coal Mine to Begin Operations Tomorrow**

*By Dwaipayan Roy | October 5, 2025, 6:41 PM*

Arunachal Pradesh is set to enter the coal mining industry with the inauguration of its first commercial coal mine at the Namchik-Namphuk coal block in Changlang district tomorrow. The ceremony will be led by Union Coal Minister G Kishan Reddy, who will perform the Bhoomi Poojan and officially hand over the mining lease.

As part of the event, Minister Reddy will also flag off machinery for Coal Projects Private Limited (CPPL), the company that will commence operations at the site. In a move towards environmental sustainability, he will plant 100 trees to support a green initiative.

### The Journey of Namchik-Namphuk Coal Block

The Namchik-Namphuk coal block holds significant reserves estimated at 1.5 crore tons. Originally allocated in 2003, the project faced numerous delays and operational hurdles over the years. However, in 2022, the coal block was revived through a transparent auction process, marking a new era of private sector participation in Arunachal Pradesh’s mining sector.

This marks a milestone not only for the state but also for India, which currently ranks as the world’s second-largest coal producer. Arunachal Pradesh is now poised to contribute to this status through its maiden commercial coal mining activity.

### Economic Impact and Employment

The commercial mining launch is expected to generate over ₹100 crore in annual revenue for Arunachal Pradesh. Beyond revenue generation, the project is anticipated to create substantial employment opportunities for the local youth, boosting the state’s socio-economic development.

This initiative aligns with Prime Minister Narendra Modi’s vision of EAST – Empower, Act, Strengthen, Transform – which guides development efforts across India’s Northeast region.

### Promoting Responsible Resource Management

By formalizing coal mining operations, the state aims to eradicate illegal mining activities that have previously led to resource exploitation and wastage. This move is expected to introduce transparency and accountability in managing Arunachal Pradesh’s precious natural resources.

Moreover, the government has announced plans to auction two critical mineral blocks in Arunachal Pradesh and five additional blocks in Assam. This highlights the growing importance of the Northeast region within India’s strategic and technological mineral landscape.

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The inauguration of the Namchik-Namphuk coal mine marks a new chapter for Arunachal Pradesh, setting the stage for sustainable development while contributing to India’s overall energy and mineral production goals.
https://www.newsbytesapp.com/news/business/arunachal-pradesh-to-start-commercial-coal-mining-on-october-6/story

business, economy, energy, india, mining

Arunachal Pradesh’s first commercial coal mine starts operations tomorrow

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**Arunachal Pradesh’s First Commercial Coal Mine to Start Operations Tomorrow**

*By Dwaipayan Roy | October 5, 2025, 6:41 PM*

Arunachal Pradesh is set to inaugurate its first commercial coal mine at the Namchik-Namphuk coal block in Changlang district tomorrow. The ceremony will be led by Union Coal Minister G Kishan Reddy, who will perform the Bhoomi Poojan and officially hand over the mining lease. Additionally, he will flag off machinery for Coal Projects Private Limited (CPPL) to begin operations at the site and plant 100 trees as part of a green initiative.

**Namchik-Namphuk Coal Block: A Historical Overview**

The Namchik-Namphuk coal block, which holds reserves of approximately 1.5 crore tons, was initially allocated in 2003. However, the project faced several delays and stoppages due to operational challenges over the years. In 2022, the block was revived through a transparent auction process, facilitating private sector participation in Arunachal Pradesh’s mining industry.

This marks a significant milestone for Arunachal Pradesh as it embarks on its coal mining journey, positioning itself within India’s coal sector — India being the world’s second-largest coal producer.

**Economic Impact: Revenue and Employment**

The commencement of commercial coal mining in Arunachal Pradesh is expected to generate over ₹100 crore annually in revenue for the state. More importantly, it will create valuable employment opportunities for local youth, contributing to the region’s economic development.

This initiative aligns with Prime Minister Narendra Modi’s vision of EAST (Empower, Act, Strengthen, Transform), a guiding philosophy aimed at uplifting the Northeast region of India through sustainable growth and development.

**Sustainable Resource Management and Future Plans**

The launch of formal commercial mining will help curb illegal mining, exploitation, and wastage of the state’s natural resources. It is anticipated to bring greater transparency and accountability to the management of Arunachal Pradesh’s rich mineral wealth.

Furthermore, the government has announced plans to auction two critical mineral blocks in Arunachal Pradesh and five in Assam. These moves underscore the growing strategic importance of the Northeast region in India’s technological and mineral landscape.

With these developments, Arunachal Pradesh is poised to play a vital role in India’s broader mining sector while promoting sustainable economic growth.
https://www.newsbytesapp.com/news/business/arunachal-pradesh-to-start-commercial-coal-mining-on-october-6/story

business, economy, energy, india, mining

Arunachal Pradesh’s first commercial coal mine starts operations tomorrow

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**Arunachal Pradesh’s First Commercial Coal Mine to Commence Operations Tomorrow**

*By Dwaipayan Roy | October 5, 2025, 6:41 PM*

Arunachal Pradesh is set to make a significant leap in its mining sector with the inauguration of its first commercial coal mine at the Namchik-Namphuk coal block in Changlang district tomorrow. The ceremony will be led by Union Coal Minister G Kishan Reddy, who will perform the Bhoomi Poojan and officially hand over the mining lease.

During the event, Minister Reddy will also flag off the machinery for Coal Projects Private Limited (CPPL) to commence operations at the site. As a part of a green initiative, he will plant 100 trees, underscoring the commitment to environmentally responsible mining practices.

**A Long-Awaited Milestone: The Namchik-Namphuk Coal Block**

The Namchik-Namphuk coal block, which holds an estimated reserve of 1.5 crore tons of coal, was initially allocated in 2003. However, the project faced numerous delays and operational challenges over the years. It was in 2022 that the block was revived through a transparent auction process, opening the door for private sector participation and marking Arunachal Pradesh’s formal entry into the coal mining industry.

This development is particularly significant as India currently ranks as the world’s second-largest coal producer, and Arunachal Pradesh’s new role will contribute to bolstering the country’s coal output.

**Economic Benefits and Employment Opportunities**

The launch of commercial coal mining in Arunachal Pradesh is expected to generate an annual revenue of over ₹100 crore for the state government. Additionally, it will create numerous employment opportunities for local youth, providing a boost to the region’s economy.

This initiative aligns closely with Prime Minister Narendra Modi’s vision for the Northeast region, encapsulated in the EAST framework—Empower, Act, Strengthen, Transform—which guides development projects throughout the area.

**Promoting Transparency and Sustainable Resource Management**

One of the key benefits of the commercial mining operation is the anticipated end of illegal mining activities and resource exploitation that have previously plagued the region. The government aims to bring transparency and accountability to the management of Arunachal Pradesh’s natural resources through this official and regulated mining operation.

Furthermore, plans are underway to auction additional critical mineral blocks—two in Arunachal Pradesh and five in neighboring Assam—highlighting the Northeast’s growing importance in India’s strategic minerals and technology sectors.

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The inauguration of the Namchik-Namphuk coal mine marks a new chapter in Arunachal Pradesh’s economic development, promising growth, sustainability, and prosperity for the region.
https://www.newsbytesapp.com/news/business/arunachal-pradesh-to-start-commercial-coal-mining-on-october-6/story

business, energy, environment, infrastructure, technology

Aboitiz-Vivant-Vena JV to build Northern Samar transmission assets

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MANILA, Philippines — Lihangin Wind Energy Corp. (LWEC) will build point-to-point transmission facilities to directly connect its wind park in Northern Samar to the power grid.

LWEC secured approval from the Energy Regulatory Commission (ERC) on Thursday for its proposed project. The project involves the development of its own point-to-point transmission facilities for its 206.25-megawatt San Isidro Wind Power Plant.
https://business.inquirer.net/550606/aboitiz-vivant-vena-jv-to-build-northern-samar-transmission-assets

economy, energy, global, manufacturing, markets

Asia shares, gold rise on US shutdown watch

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Oil prices declined recently amid expectations of an increase in OPEC production. Market participants anticipate that the organization will boost output, putting downward pressure on crude prices.

Meanwhile, China’s manufacturing activity has contracted for the sixth consecutive month, highlighting ongoing challenges in the sector. This persistent slowdown contributes to concerns about the broader economic recovery in the region.

In European markets, Euro Stoxx 50 futures dipped during early trading, reflecting investor caution amid these global economic developments. Traders are closely monitoring how these factors will influence market sentiment moving forward.
https://thewest.com.au/business/asia-shares-gold-rise-on-us-shutdown-watch-c-20187675

business, energy, environment, policy, technology

India’s first deep-sea mineral auction indefinitely postponed: Here’s why

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**India’s First Deep-Sea Mineral Auction Indefinitely Postponed: Here’s Why**

*By Mudit Dube | Sep 29, 2025, 05:20 PM*

India’s inaugural auction of deep-sea mineral blocks, rich in critical minerals, has been indefinitely postponed. According to government officials who spoke to Moneycontrol, the decision comes following a lukewarm response from potential bidders.

### Initial Launch and Auction Blocks

The auction was launched in November, offering 13 mineral blocks for bidding. These included three lime mud blocks, three construction sand blocks, and seven polymetallic nodule blocks. These blocks are spread across a vast region from the Arabian Sea in the west to the Andaman Sea in the east.

### Multiple Deadline Extensions and Postponement

Initially, the bidding deadline was set for February 27, but it was extended multiple times—to April 2, May 1, and then August 22. Despite these extensions, the auction did not take place on August 22 as planned. An official confirmed to Moneycontrol that the government decided to postpone the auction to encourage broader participation. A new date for the event is yet to be announced.

### Importance of Mineral Deposits

The blocks on offer are rich in critical minerals such as cobalt, copper, manganese, and nickel. These minerals are essential for manufacturing electric vehicles (EVs), defense equipment, and renewable energy technologies—industries that are crucial for India’s strategic growth and technological advancement.

### Environmental Concerns and Local Opposition

Despite the strategic significance, the auction has met with resistance from political parties in Kerala and local fishing communities, who have raised concerns about the environmental risks linked to undersea mineral exploration.

### Technological Challenges

Experts highlight that technology poses a significant challenge for India’s deep-sea mineral exploration. Arvind Virmani, a member of NITI Aayog, noted at the India Mining Summit on September 18, “Basically, the entire supply chain, including technology, has become concentrated. Now the whole world is scrambling to create new technologies.”

### Strategic Context: Reducing Dependence on China

China dominates the production of critical minerals, including rare earth elements utilized in electronics, EV batteries, and defense sectors. This dominance has global implications, especially following Beijing’s export restrictions on certain essential minerals.

In response, India launched the National Critical Mineral Mission earlier this year in January. The initiative aims to boost domestic exploration, enhance processing capabilities, and promote recycling of critical minerals to reduce reliance on imports and improve supply chain resilience.

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India’s postponement of the deep-sea mineral auction underscores the complexities involved—from technological hurdles and environmental concerns to the need for wider stakeholder participation. The government’s strategic focus remains on harnessing critical mineral resources essential for the country’s future, while balancing ecological and socio-economic factors.
https://www.newsbytesapp.com/news/business/india-s-first-deep-sea-mineral-auction-postponed-amid-poor-response/story

business, energy, environment, policy, technology

India’s first deep-sea mineral auction indefinitely postponed: Here’s why

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**India’s First Deep-Sea Mineral Auction Indefinitely Postponed: Here’s Why**

*By Mudit Dube | Sep 29, 2025, 05:20 PM*

India’s maiden auction of deep-sea mineral blocks, which are rich in critical minerals, has been indefinitely postponed. The decision follows a lukewarm response from potential bidders, according to government officials who spoke to Moneycontrol.

### Initial Auction and Response

The auction was launched in November, offering 13 mineral blocks, which included three lime mud blocks, three construction sand blocks, and seven polymetallic nodule blocks. As this was India’s first attempt at such an auction, some companies submitted numerous queries, highlighting the novelty and complexity of deep-sea mineral exploration.

### Schedule Changes and Extensions

Originally, the bidding deadline was set for February 27. However, the deadline was extended multiple times—to April 2, May 1, and then August 22. Despite these extensions, the auction did not take place on August 22 as planned. A government official confirmed that the postponement aims to attract wider participation in the auction. Currently, a new date for the event has yet to be finalized.

### Strategic Importance of the Mineral Deposits

The auctioned mineral blocks cover a vast area stretching from the Arabian Sea in the west to the Andaman Sea in the east. These blocks are rich in critical minerals such as cobalt, copper, manganese, and nickel. Such resources are essential components for electric vehicles (EVs), defense equipment, and renewable energy technologies.

### Environmental and Local Concerns

Despite the strategic importance, political parties in Kerala and local fishing communities have voiced concerns regarding the environmental risks of undersea mineral exploration. These apprehensions have added complexity to the auction process.

### Technological Challenges

Experts have highlighted technology as the biggest hurdle in India’s deep-sea mineral exploration efforts. Arvind Virmani, a member of NITI Aayog, noted during the India Mining Summit on September 18 that the entire global supply chain, including technology, is highly concentrated, with countries worldwide racing to develop new technologies to access these resources.

### Addressing China’s Dominance

China remains the world’s largest producer of critical minerals, including rare earth elements vital for electronics, EV batteries, and defense systems. Beijing’s export restrictions on certain critical minerals have raised global concerns over supply security.

In response, India launched the National Critical Mineral Mission in January. This strategic initiative aims to boost exploration activities, enhance domestic processing capabilities, and promote recycling of critical minerals to reduce dependency on imports and strengthen India’s position in the global supply chain.

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India’s deep-sea mineral auction marks an important step towards securing essential resources for future technologies. However, challenges related to bidder participation, technology, and environmental concerns must be addressed to move forward successfully.
https://www.newsbytesapp.com/news/business/india-s-first-deep-sea-mineral-auction-postponed-amid-poor-response/story