SETC and Torrent Gas Commission CNG Station at Nagapattinam

06 Mar 2026 CW Team

The State Express Transport Corporation (SETC), in partnership with Torrent Gas, commissioned a compressed natural gas refuelling station at the Nagapattinam depot as part of efforts to promote green mobility in the State. The station was inaugurated by SETC managing director R Mohan and was attended by Torrent Gas executive directors Prakash Sajnani and KSR Prasad.

The new facility will streamline refuelling for buses, help reduce vehicular emissions and support efforts to improve air quality in the State. The station will also cater to private vehicles, commercial vehicles and public transport services, providing a convenient source of cleaner fuel for multiple user groups.

Under the agreement with the State Express Transport Corporation, public transport buses will gradually shift from diesel to CNG and this transition is expected to improve fuel efficiency, reduce operating costs and cut carbon emissions. In the first phase, around 70 SETC buses will be operated using CNG, with further roll out planned as infrastructure and supply scale up.

Torrent Gas is authorised by the Petroleum and Natural Gas Regulatory Board to supply compressed natural gas and piped natural gas services in Karaikal and in the Nagapattinam district. Compressed natural gas is primarily composed of methane with small amounts of other hydrocarbons and it is stored at high pressure, enabling efficient onboard storage for vehicles.

The initiative forms part of a broader push by SETC and Torrent Gas to expand the use of cleaner fuels and strengthen green energy adoption across Tamil Nadu. The development is intended to support long term operational savings for the transport corporation and contribute to public health improvements through significantly lower emissions.

Resources

11 May 2026

JSW One Elevates Mayank Gupta as CFO

JSW One Platforms has elevated Mayank Gupta as Chief Financial Officer as the company strengthens its leadership team to support its next phase of growth and institutional expansion.Gupta, who earlier served as Chief Operating Officer, has played a key role in scaling the company’s integrated commerce, supply chain and finance ecosystem. In his new role, he will oversee strategic finance, treasury, governance, capital allocation and financial planning.Gaurav Sachdeva, Joint Managing Director and CEO, JSW One Platforms, said Gupta’s operational understanding and financial expertise make him..

India and EU Launch 15.2 Million Euro EV Battery Recycling Initiative

India and the European Union launched a third coordinated call for proposals on the recycling of electric vehicle batteries under the India-EU Trade and Technology Council Working Group two on five May 2026, with submissions due on 15 September 2026. The initiative is aimed at securing critical raw materials and accelerating the transition to a circular economy while deepening bilateral relations. The announcement was made by officials from the Office of the Principal Scientific Adviser and the European Commission. The call has a combined funding pool of 15.2 million euros (15.2 mn euros) and ..

Aptus Value Posts Strong FY26 Results And Asset Quality

Aptus Value Housing Finance India Limited on six May 2026 reported results for the quarter and year ended 31 March 2026. Assets under management (AUM) stood at Rs 131.07 bn, up 21 per cent year on year. The company said improved field execution and sustained demand supported the growth. Disbursements in the fourth quarter were Rs 12.42 bn, up 17 per cent year on year, and full year disbursements were Rs 40.09 bn, up 11 per cent. Total income for FY26 was Rs 22.46 bn, up 25 per cent, and net profit for the year was Rs 9.43 bn, a rise of 26 per cent. Quarterly net profit was Rs 2.61 bn. For the ..