NTPC Group Reaches 350 BU Mark in 295 Days, 11 Days Before FY24
India to Form Consortium, Launch Bharat Shipping Line to Boost Trade Ties
India plans to establish a consortium involving equity participation by public sector enterprises to bid for operating overseas port asset. The stakeholders in this entity, tentatively named Bharat Global, will include the Indian Port Rail & Ropeway Corporation, Sagarmala Development Company, and the Shipping Corporation of India (SCI). A senior official remarked, “The consortium will replicate the Chabahar port model in other strategic locations.” India also plans to operationalise Bharat Container Shipping Line as a vertical within SCI to mitigate global trade disruptions. The move ali..
ISTS-TBCB Projects Award Rs1 Trillion in 9MFY25
India Ratings and Research (Ind-Ra) has maintained a Stable rating outlook for transmission projects for FY26, supported by consistent regulations and expectations of steady operational performance. The agency highlighted significant capital expenditure plans and project awards during the first nine months of FY25 as major positives for the sector. Among 58 commissioned projects, only eight were completed on schedule, while the rest experienced an average delay of nine months. The Central Electricity Regulatory Commission (CERC) has been granting time extensions for delays caused by force ma..