Coal India To Enable Open Market Power Sales
Coal India Ltd has taken steps to facilitate the sale of electricity in the open market and through power exchanges, aiming to improve utilisation of its captive power generation capacity. The initiative will enable the company to monetise surplus power and enhance revenue streams.Officials said this move aligns with government reforms to promote market-based electricity trading and improve efficiency in the power sector. It will also give Coal India flexibility to respond to demand fluctuations and optimise resource use.The company is working on necessary regulatory clearances and operational..
Rs 16.65 Billion AMRUT 2.0 Funds Approved For J&K, Minimal Spend
Union Minister Hardeep Singh Puri has revealed that under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) 2.0 scheme, the Union Territory of Jammu & Kashmir was allocated Rs 16.65 billion. However, only Rs 110 million has been spent so far.The Minister said the scheme aims to improve water supply, sewerage, and green spaces in urban areas. He stressed the importance of timely project implementation to ensure that residents benefit from the infrastructure upgrades.Officials attributed the slow utilisation to delays in tendering, administrative approvals, and project plann..
Visaka Industries Q1 Profit Rises 23 Per Cent To Rs 388 Million
Visaka Industries Ltd has reported a consolidated net profit of Rs 388 million for the quarter ended June 2025, up 23 per cent from Rs 315 million a year earlier. Consolidated revenue from operations rose 11 per cent year-on-year to Rs 5.56 billion from Rs 5.01 billion.The company said growth was driven by higher sales in its building materials segment, supported by increased demand from both rural and urban markets. The textiles division also contributed positively to the topline.Visaka Industries continues to focus on product innovation, operational efficiencies, and expanding its market rea..
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