ONGC charts new course, eyes distinct unit for green ventures

13 Dec 2023 CW Team

India's Oil and Natural Gas Corporation (ONGC) is set to establish a dedicated business entity specifically for green energy projects. This strategic move reflects ONGC's commitment to expanding its footprint in the renewable energy sector. The decision to create a separate unit underscores the company's recognition of the growing significance of clean energy sources and the need to focus on sustainability. By establishing a distinct entity for green ventures, ONGC aims to streamline its efforts, enhance efficiency, and drive innovation in the rapidly evolving renewable energy landscape.

This initiative aligns with India's broader push towards cleaner and sustainable energy solutions. ONGC, a major player in the traditional energy sector, is adapting to changing market dynamics and global trends by diversifying its portfolio. The move also positions ONGC to leverage emerging opportunities in the green energy market while contributing to the country's renewable energy goals. The establishment of a dedicated business entity for green energy projects reflects ONGC's proactive approach to balancing traditional and renewable energy sources in its overall business strategy. As the world transitions towards a more sustainable energy future, ONGC's strategic decision signals a forward-thinking approach and a commitment to environmental stewardship in the energy sector.

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..