JSW Energy Wins Creditor Approval To Acquire RCR Infra

25 Nov 2025 CW Team

JSW Energy has secured creditor approval for its proposal to acquire Raigarh Champa Rail Infrastructure, a debt-laden company currently undergoing insolvency proceedings.

Earlier this year, in March, JSW Energy acquired KSK Mahanadi Power Company Ltd (KMPCL)—a 3,600 MW thermal power plant in Chhattisgarh—for Rs 160.84 billion through the insolvency process.

Following that acquisition, the company obtained significant indirect ownership in Raigarh Champa Rail Infrastructure Private Limited (RCRIPL), which provides the sole rail infrastructure for coal transportation to KMPCL.

In an exchange filing on Thursday, JSW Energy stated: “We wish to inform that the resolution plan submitted by the company for RCRIPL under the corporate insolvency resolution process has been approved by the Committee of Creditors.” The company added that it received a Letter of Intent from the Resolution Professional on Wednesday.

The closure of the transaction remains subject to approval from the National Company Law Tribunal.

Infrastructure Urban

16 Jan 2026

Rosatom Delivers Nuclear Fuel for Kudankulam Unit 3

Rosatom has recently supplied nuclear fuel for the initial loading of the VVER-1000 reactor core at Unit 3 of the Kudankulam Nuclear Power Plant, marking a key milestone in the second stage of the Russian-designed nuclear power project in southern India.The fuel was supplied by Rosatom’s Nuclear Fuel Division, managed by TVEL, and manufactured at the Novosibirsk Chemical Concentrates Plant. The delivery includes the initial reactor load along with reserve fuel assemblies and is part of a long-term contract covering the entire operational life of Units 3 and 4.Building on operational experien..

CBL International Enables First LNG Bunkering at Xiaomo Port

CBL International recently completed the first-ever LNG bunkering operation at Xiaomo Port, supplying liquefied natural gas to vessels operated by BYD in support of its maritime decarbonisation strategy. The operation was facilitated through a physical supplier in collaboration with China National Offshore Oil Corporation (CNOOC), which supported the port’s inaugural LNG bunkering activity. The milestone represents a strategic expansion of CBL International's sustainable fuel offerings beyond biofuels, while also diversifying revenue streams. As global shipping intensifies efforts to cut em..

Aimtron, Aurassure Partner for IoT Weather Systems

Aimtron Electronics has recently entered into an OEM manufacturing engagement with Aurassure to produce new-age, IoT-enabled weather and environmental monitoring systems in India. The collaboration supports the growing demand for real-time environmental intelligence across urban, industrial and infrastructure applications. The engagement comes as global focus on climate-risk management and data-driven planning accelerates. The global weather monitoring systems market, valued at around USD 2.1 billion in 2024, is projected to reach nearly USD 4.8 billion by 2034, driven by the rapid adoption o..