Discoms Face Payment Delay Issues for December 2023 Dues

08 Jan 2024 CW Team

A financial challenge looms over distribution companies (discoms) as they grapple with payment delays for dues accrued in December 2023. This predicament raises concerns about the financial health of discoms and their ability to meet financial obligations in a timely manner.

The delayed payments, totaling a substantial amount, underscore the financial stress experienced by discoms in managing their cash flows. This situation can potentially have cascading effects on the entire power supply chain, affecting generators and other stakeholders.

The reasons behind the payment delays are varied, ranging from operational challenges to broader economic factors impacting the financial stability of discoms. The sector is closely watching how these issues unfold, as timely payments are crucial for sustaining the smooth functioning of the power distribution ecosystem.

This development also emphasises the need for comprehensive reforms in the power sector, addressing issues such as financial viability, operational efficiency, and transparency. Stakeholders, including regulators and policymakers, may need to explore strategies to enhance the financial resilience of discoms and ensure the stability of the power sector.

As discoms navigate these challenging financial waters, finding effective and sustainable solutions becomes imperative to safeguard the reliability and efficiency of power distribution across the affected regions.

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..