Thermal Power May Draw Rs 770 Billion Private Investment
India’s thermal power sector is projected to attract Rs 770 billion in private sector investment between FY26 and FY28, driven by renewed interest from major players such as Adani Power, Tata Power, JSW Energy, and Vedanta Power. According to Crisil Ratings, total thermal investments—including those by public sector undertakings—are expected to double to Rs 2.3 trillion during the same period.Private firms, which previously contributed only 7–8 per cent of thermal capacity funding, will now account for nearly a third, reflecting a shift in sentiment as long-term viability improves.For ..
SEBI Upholds Ban on Gensol and Founders Over Fund Misuse
The Securities and Exchange Board of India (SEBI) has upheld its ban on Gensol Engineering and its former key executives, Anmol Singh Jaggi and Puneet Singh Jaggi, over alleged fund diversion and corporate governance lapses. The Jaggi brothers, co-founders of the electric vehicle ride-hailing firm BluSmart Mobility, are barred from accessing the securities markets or holding any directorial or senior managerial positions in Gensol.This decision comes amid ongoing insolvency proceedings at Gensol, now under the supervision of a court-appointed resolution professional. SEBI’s confirmatory orde..
Mizoram Pushes for Rail Link Via Thenzawl Peace City Plan
Mizoram Chief Minister Lalduhoma held a meeting on Thursday with Northeast Frontier Railway (Construction) General Manager A.K. Chaudhary and senior railway officials to discuss the proposed extension of railway tracks to the southern regions of the state and finalise plans for the inauguration of the Bairabi–Sairang railway line and Sairang station.Lalduhoma suggested that the planned railway line to Lawngtlai district pass through Thenzawl in Serchhip district, which has been designated as the site for a proposed "peace city" expected to accommodate 10 to 15 million people. He also recomme..
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