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Abtak.com - Business - News Image
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BusinessApr 08, 2026 08:34 AM

Andhra SIPB clears 31 investment proposals worth Rs 39,436 cr

Amaravati, Apr 7 (PTI) The 16th State Investment Promotion Board meeting held under the chairmanship of Chief Minister N Chandrababu Naidu here on Tuesday approved 31 projects involving a total investment of over Rs 39,436 crore. The Chief Minister directed officials to fully utilise the state's potential in solar power generation, particularly in Rayalaseema, and align transmission infrastructure with future requirements. "The 16th State Investment Promotion Board (SIPB) meeting held under th ...Read More >

Economic Times - Business - News Image
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BusinessApr 07, 2026 10:21 PM

GAIL signs long-term LNG carrier charter with Alpha Gas

New Delhi: GAIL (India) Ltd has signed a long-term charter agreement with Greece-based Alpha Gas for the liquefied natural gas (LNG) carrier Energy Fidelity, the state-run firm said on Tuesday. The agreement was executed with Pantheon Maritime Services, a Singapore-based affiliate of Alpha Gas, and was signed in Athens by senior officials from both companies, GAIL said in a statement. Also Read: Iran war: Natural gas pool set to release 7 mmscmd to priority sectors amid supply crunch The vess ...Read More >

@businessline - Business - News Image
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BusinessApr 07, 2026 08:06 PM

AP's SIPB clears investment projects worth ₹39,436 crore

Andhra Pradesh State Investment Promotion Board (SIPB) has approved 31 new investment proposals involving a total investment of ₹39,436 crore with a potential to generate 1,11,278 direct jobs across various industries. The 16th SIPB, chaired by Chief Minister N Chandrababu Naidu, met in the State secretariat in Amaravati on Tuesday. The approved proposals also included investments for three companies in Amaravati Quantum Valley and other projects for utilising agriculture, horticulture, and aqu ...Read More >

Abtak.com - Business - News Image
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34
BusinessApr 07, 2026 07:29 PM

Govt mulling options to retain 51% stake in PFC post merger with REC

Finance Minister Nirmala Sitharaman had in FY27 Budget announced restructuring of PFC and REC to help achieve scale and improve efficiency in the public sector NBFC space The government is looking at options, including issuance of preference shares or fresh equity, to maintain 51 per cent stake in the state-owned Power Finance Corporation post its merger with REC, a senior official said. Finance Minister Nirmala Sitharaman had in FY27 Budget announced restructuring of Power Finance Corporation ...Read More >

NewsDrum - Business - News Image
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BusinessApr 07, 2026 06:18 PM

GAIL signs long-term LNG carrier charter with Alpha Gas

New Delhi, Apr 7 (PTI) GAIL (India) Ltd has signed a long-term charter agreement with Greece-based Alpha Gas for the liquefied natural gas (LNG) carrier Energy Fidelity, the state-run firm said on Tuesday. The agreement was executed with Pantheon Maritime Services, a Singapore-based affiliate of Alpha Gas, and was signed in Athens by senior officials from both companies, GAIL said in a statement. The vessel, with a capacity of 174,000 cubic metres, is equipped with advanced propulsion and fuel ...Read More >

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BusinessApr 07, 2026 06:05 PM

AP SIPB approves thirty-one projects worth Rs 39,436 Cr

Vijayawada, April 7 (UNI) Andhra Pradesh Chief Minister N Chandrababu Naidu directed officials to fully utilise the State's vast potential in solar power generation, with a special focus on developing Rayalaseema region as a major renewable energy hub. Presiding the 16th State Investment Promotion Board (SIPB) meeting at Secretariat at Amaravati near here on Tuesday, the Chief Minister emphasised the need to attract large-scale investments in solar energy projects, particularly in Rayalaseema d ...Read More >

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33
BusinessApr 07, 2026 08:34 AM

Railways approves Rs 398 cr Optical Fibre Project to boost communication network

New Delhi [India], April 5 (ANI): Indian Railways has sanctioned an important project for strengthening its communication infrastructure in Western Railway with the approval of the provision of 4×48 Optical Fibre Cable (OFC) Backbone in Ahmedabad and Ratlam Divisions at a total cost of Rs. 398.36 crore. The project has been approved under the umbrella work titled "Provision of Kavach with communication backbone of Long Term Evolution (LTE) on balance routes of Indian Railways (Umbrella Work 202 ...Read More >

Free Press Journal - Business - News Image
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BusinessApr 06, 2026 07:01 PM

IRFC Disburses ₹1,000 Crore Loan To MAHAGENCO To Kick Off FY2026 Growth

New Delhi: Starting the year on a strong note, IRFC has already deployed capital into the power sector -- signaling both momentum and a broader strategic shift beyond railways. Opening With Disbursal IRFC kicked off FY2026 with a Rs 1,000 crore loan disbursal to MAHAGENCO, completing both sanction and payout in one move. This early deployment reflects execution readiness and sets the tone for the year. The transaction follows closely after a much larger Rs 12,842 crore loan agreement with Hind ...Read More >

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BusinessApr 06, 2026 06:44 PM

India achieves highest-ever annual wind energy capacity addition of 6.05 GW in 2025-26

New Delhi, Apr 6 (PTI) India has achieved the highest-ever annual wind energy capacity addition of 6.05 GW in 2025-26, taking cumulative installed capacity to over 56 GW, the Ministry of New & Renewable Energy said on Monday. According to a ministry statement, India achieved its highest-ever annual wind capacity addition of 6.05 GW during FY26, crossing the landmark of 5.5 GW capacity addition in FY 2016-17. With this addition, India's cumulative installed wind power capacity has crossed 56 GW ...Read More >

Social News XYZ - Business - News Image
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BusinessApr 06, 2026 06:11 PM

India adds highest-ever 6.05 GW wind energy in FY26, 46 pc jump from FY25

New Delhi, April 6 (SocialNews.XYZ) The government on Monday said that the country has achieved its highest-ever annual wind capacity addition of 6.05 GW in FY26, crossing the landmark of 5.5 GW capacity addition in FY 2016-17. This represents an increase of nearly 46 per cent over the capacity added in FY25, marking a decisive acceleration in India's onshore wind deployment trajectory. "With this addition, India's cumulative installed wind power capacity has crossed 56 GW. This milestone refl ...Read More >

Economic Times - Business - News Image
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BusinessApr 06, 2026 04:37 PM

RBI MPC 2026: Rate-setting panel starts deliberations amid West Asia crisis; decision on Wednesday

Mumbai: The Reserve Bank's rate-setting panel on Monday started its three-day brainstorming session on the first bi-monthly monetary policy of the fiscal amid expectations of a status quo on the benchmark lending rate in view of apprehensions of a spike in inflation due to ongoing West Asia crisis. The decision of the six-member Monetary Policy Committee (MPC), headed by Reserve Bank Governor Sanjay Malhotra, will be announced on Wednesday. Also read: RBI expected to hold rates steady in first ...Read More >

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BusinessApr 06, 2026 03:07 PM

RBI rate-setting panel starts deliberations amid West Asia crisis; decision on Wednesday

Mumbai, Apr 6 (PTI) The Reserve Bank's rate-setting panel on Monday started its three-day brainstorming session on the first bi-monthly monetary policy of the fiscal amid expectations of a status quo on the benchmark lending rate in view of apprehensions of a spike in inflation due to ongoing West Asia crisis. The decision of the six-member Monetary Policy Committee (MPC), headed by Reserve Bank Governor Sanjay Malhotra, will be announced on Wednesday. The RBI has cut rates by a total of 125 b ...Read More >

Abtak.com - Business - News Image
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BusinessApr 06, 2026 11:34 AM

Union power secy flags grid stability as solar mix rises

Jaipur: Union power secretary Pankaj Agarwal Saturday directed power utilities to accelerate projects based on a diversified energy mix to meet the long-term electricity requirements.He emphasised that bundling renewable and non-renewable energy sources would enable better management of the rising demand for power.Chairing a review meeting at Vidyut Bhawan, Agarwal took feedback from senior officials of the state's energy department and power corporations on key issues. He noted that Rajasthan h ...Read More >

LatestLY - Business - News Image
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BusinessApr 05, 2026 06:55 PM

India News | Upgradation of Next-Generation Amrit Bharat Coaches, Sample Coach Ready | LatestLY

New Delhi [India], April 5 (ANI): The Minister of Railways, Ashwini Vaishnaw, on Saturday inspected sample coaches developed with proposed interior design and colour schemes for the next-generation Amrit Bharat coaches on April 4 at New Delhi station. These sample coaches have been thoughtfully designed to enhance passenger comfort, aesthetics, and overall travel experience. The coaches have been furnished with distinct interior colour themes, incorporating coordinated shades across key compone ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessApr 05, 2026 06:35 PM

Upgradation of Next-Generation Amrit Bharat coaches, sample coach ready

New Delhi [India], April 5 (ANI): The Minister of Railways, Ashwini Vaishnaw, on Saturday inspected sample coaches developed with proposed interior design and colour schemes for the next-generation Amrit Bharat coaches on April 4 at New Delhi station. These sample coaches have been thoughtfully designed to enhance passenger comfort, aesthetics, and overall travel experience. The coaches have been furnished with distinct interior colour themes, incorporating coordinated shades across key compone ...Read More >

Abtak.com - Business - News Image
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32
BusinessApr 04, 2026 02:26 AM

Shri Rajesh Kumar Assumes Charge as Director (Finance) of REC Limited

Shri Rajesh Kumar has assumed charge as Director (Finance) at REC Limited on 2nd April 2026. On 25th March 2026, the Appointments Committee of the Cabinet (ACC) approved the proposal from the Ministry of Power for the appointment of Shri Rajesh Kumar as Director (Finance) at REC Limited for a period of five years. Rajesh Kumar is a seasoned finance professional who brings over 30 years of extensive experience in the public sector, specifically in the power and infrastructure financing domains. ...Read More >

LatestLY - Other - News Image
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OtherApr 03, 2026 09:02 PM

India News | Wet Spell, Snowfall, Hailstorm Likely Across Himachal Till April 6; Orange Alert Issued...

Shimla (Himachal Pradesh) [India], April 3 (ANI): A widespread wet spell accompanied by rainfall, snowfall and hailstorm activity is expected to affect Himachal Pradesh from April 3 to April 6, the India Meteorological Department (IMD) said on Friday. According to the Meteorological Centre in Shimla, the weather disturbance is being driven by an active western disturbance and favourable atmospheric conditions. Also Read | Global Food Prices Set to Surge Further if West Asia Conflict Persists B ...Read More >

The Hans India - Business - News Image
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BusinessApr 03, 2026 09:18 AM

Vamsi Rama Mohan Burra takes charge as POWERGRID CMD

Hyderabad/New Delhi: Vamsi Rama Mohan Burra has assumed charge as Chairman and Managing Director of Power Grid Corporation of India Limited (POWERGRID), a Maharatna PSU under the Ministry of Power. He previously served as Director (Projects) in the organisation. An engineering graduate with advanced qualifications in project management and management studies, he has also undergone leadership programmes at Indian School of Business and MDI, Gurugram. A member of POWERGRID's first batch of execu ...Read More >

Abtak.com - Other - News Image
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OtherApr 03, 2026 07:34 AM

Unseasonal rain, thunderstorm disrupt power supply across Pune

Pune: Unseasonal heavy rain accompanied by thunder and strong winds on Thursday afternoon disrupted power supply in several parts of the city after trees fell and waterlogging affected electricity infrastructure, Maharashtra State Electricity Distribution Company Limited (MSEDCL) officials said. According to MSEDCL, multiple extra high voltage (EHV) and high voltage lines tripped due to the storm, impacting supply across Pune and nearby areas. Power restoration work is underway on a war footing ...Read More >

Deccan Chronicle - Business - News Image
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BusinessApr 02, 2026 10:10 PM

Vamsi Rama Mohan Burra Assumes CMD of Powergrid Corporation of India Ltd

HYDERABAD: Vamsi Rama Mohan Burra has taken charge as chairman and managing director of the Power Grid Corporation of India Limited, a maharatna under the Union power ministry. He was previously director (projects). Burra, with over 33 years of experience in power transmission and telecom, will serve as CMD until July 31, 2030, the date of his superannuation, or until further orders. Burra was born and brought up in Hyderabad and his early education here, his father having served in the BHEL. B ...Read More >

NewsDrum - Politics - News Image
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PoliticsApr 02, 2026 08:26 PM

Extension WTO e-comm duty moratorium for longer period to give certainty to biz: Goyal

New Delhi, Apr 2 (PTI) Extending moratorium in the WTO on import duties for cross-border electronics transmission for longer period will bring more certainty and predictability to businesses, Commerce and Industry Minister Piyush Goyal said on Thursday. The 14th ministerial conference, which concluded in the early hours on March 30 in Yaounde, the capital city of Cameroon, failed to reach a consensus on the moratorium. "We discussed it amongst the ministers, and we were generally of the opinio ...Read More >

LatestLY - Business - News Image
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BusinessApr 02, 2026 06:40 PM

Business News | Rajesh Kumar Assumes Charge as Director (Finance) of REC Limited | LatestLY

New Delhi [India], April 2 (ANI): Rajesh Kumar has assumed charge as Director (Finance) at REC Limited on April 2. On March 25, the Appointments Committee of the Cabinet (ACC) approved the proposal from the Ministry of Power for the appointment of Rajesh Kumar as Director (Finance) at REC Limited for a period of five years. Also Read | Mock Drill on Hostile Attack in Delhi at 8 PM Today? Here's the Fact Check of the Viral Notice. Rajesh Kumar is a seasoned finance professional who brings over ...Read More >

The Hindu - Business - News Image
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BusinessApr 02, 2026 08:11 AM

Skoda Kushaq 1.0 TSI Automatic: A thoughtful evolution

Jaipur is a city of contrasts. Smooth arterial roads open into fast-moving stretches on the outskirts, only to funnel back into dense, chaotic inner streets where patience is as important as precision. It is in this constantly shifting environment that the updated Skoda Kushaq 1.0 TSI automatic begins to make real sense. What Skoda has done here is not a headline-grabbing overhaul -- it is something far more intelligent. They have taken a fundamentally strong product and quietly addressed the a ...Read More >

Abtak.com - Business - News Image
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5
BusinessApr 01, 2026 03:34 PM

Burra Vamsi Rama Mohan Named New CMD of Power Grid Corporation of India | Headlines

The Power Grid Corporation of India has appointed Burra Vamsi Rama Mohan as the new Chairman and Managing Director, effective April 1. With an extensive background in power transmission and telecom, Vamsi's term will last until 2030, reflecting his robust expertise and commitment to leading the corporation. The Power Grid Corporation of India has announced the appointment of Burra Vamsi Rama Mohan as the new Chairman and Managing Director (CMD), starting April 1. This decision was greenlit duri ...Read More >

Abtak.com - Business - News Image
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BusinessApr 01, 2026 01:34 AM

Bihar Govt plans market debut for transmission firm BSPTCL: State Energy Secretary

The Bihar government is preparing to list its power transmission company on the stock market in a move aimed at enhancing public participation in the state's growth, a senior official said. The Bihar government is preparing to list its power transmission company on the stock market in a move aimed at enhancing public participation in the state's growth, a senior official said. In a video interview with PTI, Bihar Energy Secretary Manoj Kumar Singh said, "We are planning to list our transmissio ...Read More >

Trade Brains - Business - News Image
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BusinessMar 31, 2026 03:09 PM

3 Stocks Likely to Benefit from India's PNG Expansion and Green Hydrogen Blending

Synopsis: India's push to expand PNG infrastructure and blend green hydrogen signals a structural shift in energy. Supported by policy incentives and cost advantages, it creates long-term demand for gas and hydrogen players. Companies across production, transmission, and distribution stand to benefit, with early movers likely gaining the most from this transition. India is stepping up the shift towards cleaner sources of energy by investing in PNG infrastructure and launching green hydrogen ble ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessMar 31, 2026 08:31 AM

"India's economy will double every 7-8 years," says Union Minister Gajendra Singh Shekhawat

New Delhi [India], March 31 (ANI): Union Minister Gajendra Singh Shekhawat has stated that India's economy is projected to reach nearly 30 trillion dollars by the year 2047, marking its transformation into a developed nation. Union Minister Gajendra Singh Shekhawat, while speaking to ANI, said, "...The path India is on, the speed at which India is advancing, the foundation that PM Modi has laid for a developed India--the entire world is acknowledging that in the coming times, India's economy wi ...Read More >

Deccan Chronicle - Business - News Image
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5
BusinessMar 30, 2026 08:59 PM

India Should Build Coalitions To Defend Consensus-Based Decision-Making at WTO: Interview

Chennai: The WTO's 14th Ministerial Conference (MC14) held in Cameroon ended without agreement on key issues, including e-commerce moratorium and expiry of safeguards against non-violation complaints against intellectual property policies. MC14 was one of the most inconclusive ministerial conferences in recent years. Despite WTO remaining ineffective in mitigating trade uncertainties, India to build coalitions to defend consensus-based decision-making at WTO, which is under threat due to growing ...Read More >

SolarQuarter - Business - News Image
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BusinessMar 30, 2026 11:37 AM

Assam Keeps Power Tariffs Unchanged For FY 2026-27, Ensuring Consumer Relief

The Assam Electricity Regulatory Commission (AERC) has announced the approved power tariffs for Assam's key utility companies, confirming that there will be no increase in electricity rates for the financial year 2026-27. According to a press release issued on March 6, 2026, the revised tariffs will come into effect from April 1, 2026, offering relief to consumers across the state. The decision follows a detailed regulatory process that began in November 2025, when major utilities -- Assam Powe ...Read More >

Social News XYZ - Business - News Image
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BusinessDec 16, 2025 04:00 PM

India likely to touch 5 million metric tonnes of green hydrogen capacity by 2030

New Delhi, Dec 16 (SocialNews.XYZ) India's green hydrogen production capacity is likely to reach 5 million metric tonnes per annum by 2030, the Parliament was informed on Tuesday. The National Green Hydrogen Mission (NGHM) aims to make India a global hub for production, usage and export of green hydrogen and its derivatives, Minister of State for New and Renewable Energy, Shripad Yesso Naik, told the Rajya Sabha in a written reply. The minister also listed the incentives and manufacturing init ...Read More >

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