RHPCL, MEIL signs pact to execute 850 MW Ratle power project

14 Apr 2022 CW Team

Ratle Hydroelectric Power Corporation Limited (RHPCL) and Megha Engineering and Infrastructure Limited (MEIL) signed an agreement for the turnkey execution of the 850 MW Ratle hydel project.

CEO of RHPCL, Deepak Saigal and Vice President, MEIL, Umamaheswara Reddy, signed the contract agreement at the Convention Centre in the presence of Lieutenant Governor Manoj Sinha.

Sinha told the media that the signing was a historic move to realise the goal of making Jammu and Kashmir self-sufficient in the power sector.

He said a large-scale capacity augmentation programme had been undertaken in the power sector resulting in a huge leap in power transmission and distribution capacity. The new power generation projects like Ratle, Pakal Dul, Kiru etc., will bridge the gap in the Union Territories (UT’s) electricity requirements.

The 850 MW Ratle hydel power project will provide massive direct and indirect employment opportunities to the local population. Sinha directed the concerned agencies to lay down a comprehensive mechanism for the skill of the local people, which will provide them opportunities in executing the project.

Sinha said that despite having the capacity to generate 20,000 MW of hydropower, just 3,500 MW of electricity was harnessed in 70 years. The generation capacity will be doubled in the next four years.

Image Source

Also read: MEIL acquires 15 city gas distribution projects in 9 states

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..