Adani Energy Bags Rs 16.60 Bn Inter-state Power Project in Maharashtra

02 Jun 2025 CW Team

Adani Energy Solutions (AESL) has secured an inter-state transmission project worth Rs 16.60 billion in Maharashtra. The project entails the development of transmission infrastructure, including 3,000 Mega Volt-Amperes (MVA) of substation capacity. With this addition, AESL’s total transmission network has expanded to 26,696 circuit kilometres (ckm) and 93,236 MVA of transformation capacity. The company aims to commission the project by January 2028.

The project is being implemented through a Special Purpose Vehicle (SPV), WRNES Talegaon Power Transmission, and is expected to facilitate the evacuation of 1.5 GW of green energy from upcoming hydro pumped storage projects in the region. It is also expected to cater to the growing power demand of Mumbai and its surrounding areas. The SPV was officially transferred to AESL earlier today.

AESL won the Inter-State Transmission System (ISTS) project through the Tariff-Based Competitive Bidding (TBCB) process, with REC Power Development and Consultancy Ltd (RECPDCL) serving as the bid process coordinator.

With this development, AESL’s transmission order book has reached approximately Rs 616 billion.

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..