Nepal Parliament Ratifies Solar Alliance Agreement

Power Minister Vows Rajabala Relief by August

Power Minister AT Mondal on Thursday addressed the ongoing electricity crisis in the plain regions of Garo Hills—particularly Rajabala—citing infrastructure limitations and right-of-way disputes as major hurdles.His comments follow criticism from the Trinamool Congress (TMC), which has warned of a public demonstration outside his residence unless swift action is taken.Rajabala TMC MLA, Mizanur Rahman Kazi, accused the state of neglecting repeated pleas, claiming several rural areas are experiencing prolonged outages, with blackouts lasting up to six days.Acknowledging the gravity of the is..

UP, Railways Partner to Boost Logistics Infra

In a bid to strengthen Uttar Pradesh’s industrial and logistics ecosystem, Invest UP and the Lucknow Division of Northern Railway signed a memorandum of understanding (MoU) on Wednesday at Lok Bhawan.The agreement, signed by Invest UP CEO Vijay Kiran Anand and Rajneesh Kumar Srivastava, Senior Divisional Operations Manager of Northern Railway, aims to offer railway land to investors at a concessional lease rate of 1.5 per cent of the prevailing industrial or circle rate for a period of 35 years.According to the official statement, this initiative will allow investors to develop warehousing a..

Jindal Family Trust to Sell Rs 12 Bn in JSW Infra Shares

The Sajjan Jindal Family Trust is reportedly preparing to divest shares worth up to Rs 12 billion in JSW Infrastructure via a block deal, as part of efforts to meet regulatory requirements on public shareholding.The floor price for the sale has been fixed at Rs 288 per share, with as many as 42 million shares on offer.According to the latest exchange filings, the Trust currently holds an 80.72 per cent stake in the company, while total promoter ownership stands at 85.62 per cent.In an earlier regulatory disclosure, JSW Infrastructure confirmed that the Sajjan Jindal Family Trust, through its t..