Construction of world’s largest integrated RE storage kicks off

18 May 2022 CW Team

The world’s largest and first of its kind, single location, co-located renewable energy storage project has been slated to be set up by Greenko Group in Andhra Pradesh. The construction has taken off with the first concrete pour by YS Jagan Mohan Reddy Chief Minister, Andra Pradesh.

The 5,230 MW renewable energy generation project with a pumped storage capacity of 10,800 MWh per day requiring about six hours per day of hydel power pumping and storage, is coming up by 2023, at an investment of $3 billion. This reportedly includes $1 billion investment in the storage capacity and $2 billion in setting up 3,000 MW of solar power generation, 550 MW of wind energy generation and 1,680 MW of hydel power generation capacity. Greenko believes the project will play a key role in helping India achieve energy security and enabling a global energy transition.

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

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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..