DFC, Norfund, and Others Infuse $1 Billion into Sael Industries

27 Jan 2024 CW Team

This financing agreement underscores the confidence of international investors in Sael Industries and its contributions to the renewable energy landscape. The funding, led by DFC and Norfund, is expected to catalyze Sael Industries' expansion plans and reinforce its position in the global renewable energy market.

The $1 billion investment is intended to support Sael Industries' ongoing and upcoming projects, fostering innovation and sustainability in the renewable energy sector. This financial backing aligns with the company's commitment to driving positive change in the energy industry, particularly in the development and implementation of clean and efficient energy solutions.

As the world continues to prioritize renewable energy sources, partnerships and investments like these play a crucial role in accelerating the transition to a sustainable energy future. Sael Industries' collaboration with DFC, Norfund, and others not only signifies the company's growth trajectory but also highlights the global community's recognition of the importance of investing in renewable energy for a more sustainable and eco-friendly world.

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..