Versuchen GOLD - Frei

Rlys to run more coal rakes to avert summer power crisis

Mint Hyderabad

|

April 03, 2025

Average number of rakes deployed is expected to rise to 470 a day from 440 rakes last year

- Rituraj Baruah

As India braces for a hotter-than-normal summer, the railway ministry is set to increase the availability of rail rakes for coal transportation in FY26.

The average number of rakes deployed is expected to rise to 470 daily from last year's 440, said two people in the know of the matter. One rake, comprising several wagons, can transport around 4,000 tonnes of coal. Railways serves as the primary mode of transportation for the fuel.

"Currently, around 415 rakes are transporting coal daily for power generation. With projections of high demand going ahead, there is largely a consensus that 469-470 rakes would be required in FY26, which the Indian Railways would provide," said one of the two people mentioned above.

The ministries of power, coal and railways have been discussing the availability of coal and the logistics required to meet the anticipated surge in demand. The Central Electricity Authority (CEA) has projected peak power demand to reach 270GW this summer—significantly higher than last year's record 250GW.

WEITERE GESCHICHTEN VON Mint Hyderabad

Mint Hyderabad

Marico’s margin on slippery slope despite healthy demand

The Marico Ltd stock hit a new 52-week high of ₹764.65 on the NSE on Monday after its consolidated revenue surged 31% year-on-year to ₹3,482 crore in the September quarter (Q2FY26), led by broad-based growth across product categories.

time to read

1 mins

November 18, 2025

Mint Hyderabad

Mint Hyderabad

'Many blitzscaling startups don't transition to discipline'

overthe last decade havescaled much more than anyone anticipated.

time to read

1 mins

November 18, 2025

Mint Hyderabad

India ships jet fuel to US West Coast

India has exported its first-ever jet fuel cargo to the US West Coast for energy major Chevron, according to traders and shipping data, seizing upon a rare arbitrage opportunity to fill supply shortfalls in Los Angeles.

time to read

1 min

November 18, 2025

Mint Hyderabad

Mint Hyderabad

Gold spike, Trump tariffs lift goods trade deficit to all-time high

Overall merchandise exports slipped to $34.38 billion from $36.38 billion in September and $38.98 billion a year earlier. Agarwal said India maintained steady export growth in the first seven months of FY25, even as global demand softened.

time to read

2 mins

November 18, 2025

Mint Hyderabad

Mint Hyderabad

Blockbuster year in sight for IPO street as issuers queue up

A decade-high number of filings for initial public offers, or IPOs, in 2025 has brought India within sighting distance of the highest ever amount of money raised in such share sales in a single year, data analysed by Mint showed.

time to read

1 min

November 18, 2025

Mint Hyderabad

Mint Hyderabad

Govt keen on timely payments to MSMEs

The Union government is considering a new set of measures—including charging interest and imposing a substantial levy on defaulters—to address the longstanding issue of delayed payments to micro, small, and medium enterprises (MSMEs), said two people close to the matter.

time to read

2 mins

November 18, 2025

Mint Hyderabad

Blockbuster year in sight for IPO street

capital markets, Avendus Capital, a Mumbai-based investment bank.

time to read

2 mins

November 18, 2025

Mint Hyderabad

Mint Hyderabad

Do pre-IPO gains get long-term tax status?

I live in Australia and I own shares in a Indian company which got recently listed. I invested about 1.5 years back when it was not listed. When I sell the shares now, will it be considered as shortor long-term gains? —Name withheld on request

time to read

1 mins

November 18, 2025

Mint Hyderabad

Bezos takes on first ops role since Amazon

Jeff Bezos will serve as co-chief executive officer of a new artificial intelligence (AI) startup that focuses on AI for engineering and manufacturing of computers, automobiles and spacecraft, The New York Times reported on Monday.

time to read

1 min

November 18, 2025

Mint Hyderabad

Meity clears projects worth ₹7,172-crore

The ministry of electronics and information technology (MeitY) on Monday cleared 17 projects, with a cumulative investment of ₹7,172 crore, in the second tranche of approvals under a scheme that aims to boost the production of electronic goods within the country.

time to read

1 min

November 18, 2025

Listen

Translate

Share

-
+

Change font size