Engineers express opposition to Amarkantak power project JV in MP

13 Jun 2023 CW Team

The All India Power Engineers Federation (AIPEF), an organisation representing engineers working with state utilities, has expressed opposition to the decision made by the Madhya Pradesh Power Generating Company (MPPGCL) to construct replacement units for the Amarkantak power project in collaboration with the South Eastern Coalfields. They cited previous unsuccessful joint ventures as the basis for their objection.

In a letter addressed to Shivraj Singh Chauhan, Chief Minister and Shailendra Dubey, Chairman of the federation, stated that the responsibility for building the two 660 megawatt coal-fired units should be given to the state generation company, as recommended by a committee formed by the state government.

Dubey highlighted that the memorandum of understanding (MoU) fails to address crucial aspects such as the operation and maintenance of the thermal unit, as well as the working conditions of employees and engineers. He expressed the disappointment of MP power employees who feel deceived by the actions of the state government.

V K Gupta, the spokesperson for the federation, questioned the financial viability of the joint venture. He pointed out that 70% of the project's cost, amounting to Rs 4,665 crore, will be financed through loans obtained from financial institutions. The remaining 30% will be split equally between MPPGCL and SECL.

Gupta further argued that instead of granting SECL a 50% stake in the project, the state generation company could secure 15% equity from lenders. This would allow them to seek the required funds without compromising their ownership.

The federation also emphasised that constructing the new units within the state sector would facilitate the procurement of personnel and spare parts from similar units at Singaji and Satpura thermal projects.

Also read:
WIPPA urges government action for wind energy growth
Tata Power subsidiary wins 966 MW hybrid project for Tata Steel

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..