Power sector’s dues to Coal India rise 10% to Rs 152. 52 bn

Covestro Acquires Former Vencorex Sites in US and Thailand

Covestro, the German materials manufacturer, has signed an agreement with Vencorex Holding SAS, a subsidiary of Thai chemical company PTT Global Chemical Public Company, to acquire two stand-alone production sites for Hexamethylene Diisocyanate (HDI) derivatives in Rayong, Thailand, and Freeport, USA. These entities, previously part of the French aliphatics specialist Vencorex, will enhance Covestro’s global aliphatics production network.The acquisition supports Covestro’s “Sustainable Future” corporate strategy by driving growth in profitable and innovative segments, particularly coat..

Powerscreen Marks 25 Years of Partnership with Voltas in India

Powerscreen, a global leader in mobile crushing, screening, and conveying equipment, has celebrated 25 years of partnership with Voltas, its first official distributor in India.The appointment of Voltas (a Tata enterprise) in 2000 came at a crucial time for India’s mining and construction industry, when demand for mobile track-mounted plants was growing rapidly. Prior to this, most projects relied on stationary setups that required long installation times and presented logistical challenges.“Voltas recognised the opportunity early and introduced Powerscreen’s track mobile plants to India..

Alpex Solar to Set Up 1.2 GW Module Plant in Mathura

Alpex Solar has announced plans to establish a 1.2-gigawatt (GW) solar module manufacturing facility in Mathura, Uttar Pradesh, taking its overall capacity to 3.6 GW.The new plant, estimated at Rs 1.10 billion, is expected to commence operations in FY27 and will be financed through internal accruals and credit facilities, the company said.The expansion comes on the back of strong quarterly results. Alpex posted a consolidated net profit of Rs 422.9 million in Q1 FY26, compared with Rs 10.6 million in the year-ago quarter. Revenue rose 396 per cent to Rs 3.83 billion, while EBITDA surged to Rs ..