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With the electrification of two key routes, the northeastern state of Meghalaya will see the operation of electric trains for the first time, the Railways said in a statement. The Northeast Frontier Railway has achieved the milestone by commissioning a 22.823 track kilometre single-line stretch of Dudhnai-Mendipathar and 34.59 track kilometre between the Abhayapuri-Pancharatna double-line section on March 15. In a statement, the Railways said that presently Mendipathar is the only railway station in the north-eastern state of Meghalaya which is in operation since 2014 after being inaugurated by the prime minister. After the commissioning of electric traction, trains hauled by electric locomotive will now be able to operate directly from Mendipathar in Meghalaya which will increase the average speed. "More passenger and freight carrying trains will be able to operate through these sections with full sectional speeds. Punctuality will also increase in this section. Parcel and freight
Electrification and automation major ABB India can utilise around Rs 1,800 crore of its cash balance for inorganic growth or acquisitions apart from organic expansion plans, a top company official said. The company has identified high-growth potential segments, including transportation, data centres, electronics, warehousing and logistics, water, renewable, food and beverage, pharma and healthcare, automotive, etc. "We have a robust cash balance of Rs 3,616 crore, which can support (it) to take part in the bolt-on acquisition strategies to the extent of 50 per cent of cash available, apart from organic expansion plans," Sanjeev Sharma, Country Head and Managing Director, ABB India told reporters. Sharma stated that its electronics, railways & metro, data centres, warehouse & logistics and renewables segments are growing at a high rate of 15 per cent and above. Food & beverage, pharma & healthcare, water & wastewater and automotive segments are growing at a moderate