

Torrent Power Acquires Stake in Newzone Firms for Rs 2.11 B
Torrent Power Limited has acquired shares in Newzone India Private Limited (NZIPL) and Newzone Power Projects Private Limited (NZPPPL) for a total consideration of Rs 2.11 billion. The company will take 1,195,510 shares of NZIPL, representing 49 per cent equity, and 3,000,000 shares of NZPPPL, equivalent to 100 per cent ownership from the Sarawagi family and related HUFs, making Torrent Power the effective owner of both firms.NZIPL holds around 922 acres of private and government-leased land in Annupur district, Madhya Pradesh, intended for a thermal power project. The acquisition, confirmed t..

AP Govt Rolls Out Rs 5.5 Billion Power Projects
To meet growing electricity needs across households, industries, and agriculture, the Andhra Pradesh government has launched development works worth Rs 5.5 billion across 68 locations under APTRANSCO, Energy Minister Gottipati Ravi Kumar informed the Legislative Council on Tuesday.The minister noted that these projects will help reduce network overload and low-voltage issues, as the state’s power consumption rises at 6–8 per cent annually. To meet future demand, construction has already begun on 14 new substations.Currently, Andhra Pradesh has 18 substations of 400 kV, 113 substations of 2..

Indian Railways Launches Time-Tabled Freight Services
Indian Railways has strengthened freight logistics with the launch of scheduled, commodity-specific cargo services connecting key production and consumption centres across northern India. These services are designed to improve customer satisfaction, ensure reliable transit times, and provide industry-aligned logistics solutions.The newly introduced services include:Annapurna Service: Ludhiana to Varanasi, transporting foodgrains in an average of 17 hours.Gati-Vahan Service: Farrukhnagar to Lucknow, transporting automobiles in 28 hours.Niryaat Cargo Service: Garhi to Mundra Port, transporting c..