NTPC signs pact to install 325 MW solar power projects

10 Dec 2021 CW Team

National Thermal Power Corporation (NTPC) told the media that its arm NTPC Renewable Energy Limited (REL) had signed a Power Purchase Agreement (PPA) and other agreements with the Indian Railways, MP Power Management Company Ltd (MPPMCL) and Rewa Ultra Mega Solar Limited (RUMSL).

NTPC said that NTPC REL had signed a PPA with Indian Railways, MPPMCL and RUMSL for 325 MW solar power projects installed in RUMSL at Shajapur Solar Park in Madhya Pradesh.

This year on 25 November, the PPA was signed in the presence of the Chief Minister of Madhya Pradesh, Shivraj Singh Chauhan and Minister of Power and New and Renewable Energy (MNRE), R K Singh.

NTPC REL has won a capacity of 105 MW quoted Rs 2.35 per kWh, and 220 MW capacity quoted Rs 2.33 per kWh for 450 MW solar power projects at Shajapur Solar Park in Madhya Pradesh in RUMSL's auction, which was held on 19 July.

NTPC won six more bids for renewable energy capacity through competitive biddings. NTPC REL was floated to develop renewable energy projects.

Image Source

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..