Bondada Engineering to Invest Rs 4.5 Bn in 100 MW Plant

29 Jan 2025 CW Team

Bondada Engineering Ltd announced that it has agreed upon a Memorandum of Understanding towards the establishment of a 100 MW hybrid renewable energy plant in Assam. The investment at Rs 4.5 billion under the UNNATI Scheme marks the company’s stake in the future for Indian renewable energy development.

Dr. Bondada Raghavendra Rao, Chairman & Managing Director, Bondada Engineering Ltd. & Ranoj Pegu, Assam Minister for Education, Welfare of Plain Tribe & Backward Classes MoU Assam Advantage Assam 2.0 Summit 2025 Hyderabad. The MoU was signed on the occasion of Advantage Assam 2.0 Summit 2025 held at Hyderabad. One of the premier platforms that work for investment as well as for industrial development of Assam.

The company, in its regulatory filing, said it was eager to support Assam’s plans for renewable energy. The statement added that the hybrid renewable energy plant would be a combination of solar and wind power, a huge step forward in the green energy infrastructure in the region.

The project is headed by Bondada Renewable Energy Ltd, a wholly owned subsidiary of Bondada Engineering Ltd. This in itself speaks to the company’s specific specialisation in renewable energy solutions.

The 100 MW plant combining solar and wind power will enhance the reliability and sustainability of Assam’s energy generation but remain in tune with the overall renewable energy targets of India. Investment of ?450 crore will add to the state’s renewable energy infrastructure and further create employment opportunities as well as stimulate economic development in the state.

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..