Cabinet okay India's entry into international energy efficiency hub

08 Oct 2024 CW Team

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved India’s entry into the International Energy Efficiency Hub (the Hub) by signing a 'Letter of Intent.' This decision reflects India’s growing commitment to advancing global energy efficiency and supporting sustainable development goals.

The Hub, established in 2020 as a successor to the International Partnership for Energy Efficiency Cooperation (IPEEC), serves as a platform for governments, international organisations, and private entities to collaborate, exchange knowledge, and promote energy efficiency worldwide. India was previously a member of IPEEC and will now re-engage with global partners through the Hub.

Joining the Hub will provide India access to a vast network of experts, resources, and innovative solutions to further enhance its domestic energy efficiency programs. As of July 2024, the Hub has 16 member countries, including Argentina, Australia, Brazil, Canada, China, Denmark, the European Commission, France, Germany, Japan, Korea, Luxembourg, Russia, Saudi Arabia, the United States, and the United Kingdom.

As a member, India will benefit from international collaboration, sharing its expertise, and adopting best practices to promote energy-efficient technologies and reduce greenhouse gas emissions, thereby contributing to global climate action. (ET)

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..