AP Genco, APMDC join forces to secure coal supply for states

07 Nov 2023 CW Team

In response to the rising demand for coal in thermal power plants, AP Genco and AP Mineral Development Corporation (APMDC) have taken a proactive step by forming a joint venture firm and participating in open tenders for coal blocks. This decision aims to bolster the state's public sector power generation stations, utilising the expertise of the Mineral Development Corporation.

The thermal power plants in the state have faced challenges in maintaining coal stocks due to the absence of captive mines. Unlike neighbouring Telangana, which receives continuous supplies from Singareni Collieries, AP's power stations have been dependent on stocks from Mahanandi Coal Fields in Odisha. During peak demand periods, the allocation and transportation of coal by the Centre have been delayed, leading to crises, especially in summer when hydel stations are not generating power and power exchange prices skyrocket.

Energy Minister Peddireddy Ramachandra Reddy expressed the government's determination to make power utilities self-reliant in the long run. Their strategy involves acquiring coal blocks through open tenders initiated by the Centre to strengthen the energy sector and enhance self-sufficiency. Additionally, APMDC has been directed to explore the transportation of coal stocks from Suliyari block in Madhya Pradesh to AP thermal power plants, emphasising the government's commitment to finding sustainable solutions.

Furthermore, the state government is considering establishing new thermal power plants near coal mines, ensuring a steady energy supply through the grid. These initiatives mark significant progress in ensuring reliable and sustainable power generation for the region.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..