Centre Reviews Lakshadweep Power Sector and Focuses on Renewable Energy

26 Dec 2024 CW Team

The Union government has proposed measures to strengthen Lakshadweep’s power sector, focusing on a transition from diesel-based electricity generation to renewable energy sources, as stated by Union Power Minister Manohar Lal during a review meeting in Kavaratti.

The review, which was attended by Lakshadweep Administrator Praful Patel along with senior officials from the Union Territory administration, Government of India, and Power Finance Corporation (PFC), discussed the performance of the electricity department, the demand-supply balance, and on-going renewable energy projects, including ground-mounted and floating solar power installations.

Patel requested central approval for a proposed submarine cable project to interconnect the islands and ensure a reliable power supply, noting that a detailed project proposal would be submitted soon. He also sought support for modernizing the transmission and distribution system under the Revamped Distribution Sector Scheme (RDSS).

The Union Minister highlighted the importance of reducing electricity costs by increasing renewable energy capacity, which would be supported by battery energy storage systems to maintain grid stability. He suggested that islands such as Agatti-Bangaram, Minicoy, and Kadmat be developed as pilot projects for greening, with necessary support from the Ministry of Power.

The discussion also covered potential pilot projects for solar-based electric vehicle charging stations and the conversion of diesel-powered boats to cleaner alternatives. The Centre reiterated its commitment to supporting the development of Lakshadweep’s power sector and facilitating the transition to sustainable energy solutions.

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..