Power sector financier, REC, has reported a robust profit after tax of Rs.157.13 billion for the financial year ended March 31, 2025, driven by strong growth across all verticals, recalibration of interest rates on loan assets, and effective financial cost management. Earnings per share rose to Rs.59.55, up from Rs.53.11 in the previous year. The...
Author: admin (Infratructure Today)
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GAIL Reports Record Profit Surge
India’s largest natural gas company, GAIL (India), has reported its highest-ever financial performance in FY2025, achieving record EBITDA, PBT, and PAT despite global economic challenges. Sandeep Kumar Gupta, Chairman & Managing Director, attributed the robust results to strong operational and financial performance across all major segments. The company’s revenue from operations rose to Rs.1.37 trillion...
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India Calls for Inclusive Energy Governance at BRICS Meet
Inviting BRICS nations to participate in the 2026 BRICS Energy Gathering in India, Manohar Lal Khattar, Union Minister for Power, highlighted energy security as one of the most pressing global challenges. Speaking at the BRICS Energy Ministers’ Meeting in Brasília on May 19, he emphasised the need to strengthen BRICS cooperation to ensure economic stability,...
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Mumbai-Ahmedabad Bullet Train’s 300 km Viaduct Milestone
India’s first bullet train corridor between Mumbai and Ahmedabad has reached a significant milestone with the completion of 300 km of viaducts. This achievement was marked by the launch of a 40-metre-long full-span box girder near Surat, Gujarat. The project has leveraged indigenously designed and manufactured equipment, including straddle carriers, launching gantries, bridge gantries, and...
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India Revokes Security Clearance to Turkish Firm Çelebi
India’s aviation security regulator, the Bureau of Civil Aviation Security (BCAS), has revoked the security clearance of Turkish firm Çelebi Aviation Holding on national security grounds. The decision follows concerns raised by Indian authorities regarding the firm’s alleged ties to Turkiye’s ruling Erdogan family. The move comes in the wake of heightened tensions between India...
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Major Ports Handle Record Cargo Throughput in FY2025
As India expands its global trade footprint and modernises its logistics infrastructure, the country’s major ports have recorded an impressive 4.3 per cent annual growth in cargo handling, increasing from 819 million tonnes (MT) in FY 2023-24 to 855 MT in FY 2024-25. This growth was driven by higher container throughput (10 per cent), fertiliser...
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India Committed to Unlocking Energy Potential: Puri
With an economy reliant on imports for 80 per cent of its crude oil and 50 per cent of its natural gas, India is focused on building a resilient, future-ready energy ecosystem, Hardeep Singh Puri, Union Minister for Oil & Natural Gas, has said. Launching the Open Acreage Licensing Policy (OALP) Round-IX and Special Discovered...
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Gaganyaan Scheduled for 2027 Launch
India’s first crewed spaceflight programme, Gaganyaan, has entered its final phase, with the maiden human spaceflight now scheduled for the first quarter of 2027, according to Jitendra Singh, Minister of State, Department of Space. Singh said the successful test vehicle earlier this year laid a strong foundation for the next trial in 2025, followed by...
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Defence Budget Set for Rs.500 Billion Top-up
Following successful missile strikes on nine major terror camps in Pakistan, India is reportedly considering an additional Rs.500 billion defence allocation this fiscal, according to government sources. The military operation, which began on 7 May, was later extended to 11 air bases, crippling Pakistan’s air defence infrastructure. The neighbouring country has long been accused of...
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Operation Sindoor: The Indigenous Edge
India’s aerial strikes on terror infrastructure inside Pakistan under Operation Sindoor have been more than a tactical success. They are also a defining moment for India’s indigenous defence manufacturing. The first phase of the operation, running from May 7-10, saw homegrown technologies in air defence systems to precision-strike capabilities outperform foreign alternatives, proving India’s strategic...