Crown LNG, PIL Ink Deal for Kakinada Gas Pipeline Link

18 Jul 2025 CW Team

Pipeline Infrastructure Ltd (PIL) and Crown LNG Holdings Ltd have signed a Memorandum of Understanding (MoU) to establish pipeline connectivity between Crown LNG’s proposed 7.2 million tonnes per annum gravity-based LNG terminal in Kakinada, Andhra Pradesh, and PIL’s existing natural gas pipeline network.

The agreement, signed on 10 July by PIL MD Akhil Mehrotra and Crown LNG CEO Swapan Kataria, aims to link the regasification unit (GBSRU) with PIL’s injection point in Kakinada. This connection is expected to facilitate the evacuation of around 25 million standard cubic metres per day of gas to major demand centres across western and northern India.

PIL, a special-purpose vehicle backed by Energy Infrastructure Trust, operates a 1,400-km pipeline from Kakinada to Bharuch, Gujarat, used by companies like Reliance Industries to transport offshore gas. The MoU would enable Crown LNG to transport imported natural gas through this network, enhancing its utilisation and providing an efficient delivery route.

Construction of the terminal is scheduled to begin in 2026, with completion expected within four years. Crown LNG operates in India via its fully owned subsidiary, Krishna Godavari LNG Terminal Pvt Ltd.

Both parties will work jointly to align the pipeline connectivity with the terminal’s development timeline, ensuring synchronised execution and operational readiness.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..