IDBI sanctions fresh line of credit to Vemagiri project
The Industrial Development Bank of India has sanctioned a $46.51 million foreign currency loan to the Ispat-SP Lohia-promoted Vemagiri Power Generation Ltd.

Tuticorin port likely to receive mainline vessels by year-end
The Tuticorin port is likely to receive mainline vessels from Colombo and other international ports when the current dredging operations to deepen the harbour basin will be completed by the year-end.

RSEB to be trifurcated into separate arms
Generation, transmission and distribution functions of the Rajasthan State Electricity Board (RSEB) are to be segregated and will now be managed by separate autonomous companies.

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