Torrent Power Q1 Hit by Low Demand, Gas Prices

06 Aug 2025 CW Team

Torrent Power Limited has announced its financial results for the quarter ended 30 June 2025. While the company’s core operations remain robust, performance this quarter was adversely affected by reduced power demand following the early arrival of the monsoon and high gas prices, which curtailed merchant earnings from gas-based generation.

Adjusted for these headwinds, Torrent’s total comprehensive income (TCI) remained largely in line with the same quarter last year.

Key contributors to the performance included:

Higher contribution from the renewable energy segment, driven by new solar capacity and improved wind conditions, which enhanced plant load factors (PLF).
In the distribution business, profitability rose due to improved operational metrics, even after adjusting for one-time tariff order income recorded in the previous year.

The company stated it remains well-positioned to manage cyclical volatility owing to its diversified operations across generation, distribution, and renewables.

Infrastructure Urban

07 Oct 2025

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..