Evonith Steel Acquires 85 MW Maharashtra Power Plant

15 Jun 2026 CW Team

The facility will provide dedicated internal power generation to meet manufacturing needs and is expected to ensure a more consistent energy supply for continuous operations. Integration of the plant into the existing asset base should support production schedules and maintenance planning. The company indicated that owning generation capacity will help manage energy costs and operational risks.

The acquisition bolsters the company's regional presence in Maharashtra and integrates vital energy resources into its operational framework. The move aligns with broader corporate efforts to secure inputs that underpin steel production and to reduce reliance on external suppliers. Prioritising owned energy capacity forms part of the firm's longer term resilience planning.

Operationally, the integration of the plant is designed to reduce dependence on the public grid and to provide a buffer during peak demand periods. The added 85 MW capacity will be managed alongside existing generation and distribution assets to optimise availability and reliability. The acquisition therefore contributes to the company's strategic aim of strengthening energy security and supporting sustained manufacturing output.

The company anticipates that owning the plant will enable more effective scheduling of production runs and reduce interruptions from external supply variability. Integration work will focus on synchronising control systems and maintenance regimes to align with existing operational standards. Over time the asset is intended to support cost efficiencies and sustainability objectives across the manufacturing footprint.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Evonith Steel (Evonith) has completed the acquisition of an 85 megawatt (MW) power plant in Maharashtra as part of a drive to strengthen its energy capacity and support industrial operations. The transaction gives the company direct control over additional generation capacity and aligns with its strategy to secure energy assets for steel production. The acquisition was described as intended to bolster operational resilience and reduce exposure to external supply disruptions. The facility will provide dedicated internal power generation to meet manufacturing needs and is expected to ensure a more consistent energy supply for continuous operations. Integration of the plant into the existing asset base should support production schedules and maintenance planning. The company indicated that owning generation capacity will help manage energy costs and operational risks. The acquisition bolsters the company's regional presence in Maharashtra and integrates vital energy resources into its operational framework. The move aligns with broader corporate efforts to secure inputs that underpin steel production and to reduce reliance on external suppliers. Prioritising owned energy capacity forms part of the firm's longer term resilience planning. Operationally, the integration of the plant is designed to reduce dependence on the public grid and to provide a buffer during peak demand periods. The added 85 MW capacity will be managed alongside existing generation and distribution assets to optimise availability and reliability. The acquisition therefore contributes to the company's strategic aim of strengthening energy security and supporting sustained manufacturing output. The company anticipates that owning the plant will enable more effective scheduling of production runs and reduce interruptions from external supply variability. Integration work will focus on synchronising control systems and maintenance regimes to align with existing operational standards. Over time the asset is intended to support cost efficiencies and sustainability objectives across the manufacturing footprint.

Infrastructure Transport

15 Jul 2026

Railways To Operate Over 300 Special Trains For Rath Yatra

Union Railway Minister Ashwini Vaishnaw announced that Indian Railways (IR) will operate more than 300 special trains for the annual Jagannath Rath Yatra in Odisha and over 100 special trains during the Onam festival in Keralam. He flagged off the Nanded–Mumbai and Tanakpur–Nanded Express trains and inaugurated the extension of the Tanakpur–Pilibhit service up to Shahjahanpur via video conference from Rail Sadan in Bhubaneswar. He noted that the summer season, which concluded on 30 June, had seen a record 15,000 special trains. Vaishnaw stated that the newly launched services are intende..

Infrastructure Transport

15 Jul 2026

Vande Bharat Express To Start From Tripura Soon

Tripura Chief Minister Manik Saha said the Vande Bharat Express will commence operations from Tripura in the coming days after he flagged off the Agartala–Karimganj MEMU service at Agartala Railway Station. He recalled the rail history of the state, noting that a metre-gauge service first arrived in 1964 and that broad gauge reached Agartala in 2008 following national projects and later upgrades under the Act East policy. The event was described as a milestone for regional connectivity and the MEMU was presented as the first electric passenger train to originate from Tripura.\n\nSaha said he..

Infrastructure Urban

15 Jul 2026

MEMU Suspension Disrupts Commuters Between Vadodara And Dahod

The Vadodara–Dahod Mainline Electric Multiple Unit (MEMU) service has been temporarily suspended for 26 days after its rake was diverted to Odisha to manage the surge in passenger traffic during the annual Rath Yatra in Puri. Indian Railways redeployed several MEMU rakes from different zones to meet the additional travel demand for the festival scheduled from the seventh of July to the second of August. As a result, train numbers 69233 and 69234 operating between Vadodara and Dahod will remain cancelled for the duration. Railway authorities advised passengers to use alternative train service..