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India

Russia captures 46% of India’s crude oil basket as June imports hit record 2.6 million bpd
SupplementAL
India’s crude oil sourcing map underwent another significant shift in June, with Russian barrels accounting for nearly half of the country’s total imports. Purchases from Russia climbed 17 per cent month-on-month to a record 2.6 million barrels per day (bpd), lifting Moscow’s share of India’s crude import basket to 46 per cent. The scale of the change is particularly striking when viewed against the pre-2022 trade pattern. Before February 2022, Russian crude typically represented less than 1 ...
From innovation to industry standard: How Dhanvanti Enginnering’s game-changing revolution is powering the future of non-ferrous metal recycling industry
Recycled AL
During the Last Couple of years, Dhanvanti Engineering has successfully executed highest turnkey non-ferrous metal recycling projects by an Indian company across both domestic and international markets. Company's engineering expertise and commitment to quality have enabled to deliver high-performance industrial solutions throughout India as well as in the Middle-east and African region. Each project reflects company's ability to understand diverse operational requirements, deliver customised e ...

Primary AL
The memorandum of understanding (MoU) between India’s Adani Enterprises Limited (AEL) and the United Arab Emirates-based Abu International Resources Holding (IRH), through 2PointZero, to establish the USD 11.5 billion aluminium complex in Odisha has received a tentative project timeline of approximately 4-5 years. The project has been broken down into phases, viz., Phase 1 and Phase 2. The first would involve an investment worth INR 660 billion (USD 6.9 billion), and the latter, INR 440 billi ...
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