AG&P Pratham and THINK Gas have announced the merger of brand identities under a single brand, THINK Gas. The merged entity will now operate in 50 districts across 10 states, covering around 10 per cent of the country’s land mass. Additionally, it plans to invest $1 billion over the next eight years. The merger will mark the largest foreign direct investment in the greenfield city gas distribution industry.
Speeding Up: Key developments in the railway sector
Over the past few years, Indian Railways (IR) has made significant strides in rail safety, modernisation and technological innovation. With strong budgetary support, IR aims to achieve its objective of higher speed, better passenger amenities […]
EEDL signs SPA to acquire 100 per cent stake distribution company in Chandigarh
Eminent Electricity Distribution Limited (EEDL), a wholly owned subsidiary of CESC Limited, has signed an SPA with Chandigarh Power Distribution Limited (CPDL) for the acquisition of 100 per cent equity in the distribution company for […]