Govt Forms Gom on Financial Viability Of Discoms

03 Feb 2025 CW Team

The Government has formed a Group of Ministers (GoM), chaired by Minister of State for Power Shripad Yesso Naik, for addressing issues related to viability of distribution utilities.

The first meeting of the GoM was held, in which it was decided that innovative and out-of-the-box solutions would be explored to steer the distribution sector on the path of financial viability. Besides, it was agreed to convene further meetings in the member States. The seven-member panel includes the Energy Minister of Uttar Pradesh as the member-cum-convenor. The other members include Energy Ministers of Andhra Pradesh, Rajasthan, Tamil Nadu, Madhya Pradesh and Maharashtra.

The GoM will submit its report in three months. Under its terms of reference (ToR), the panel will analyse debt scenarios in key States and identify parameters that need to be monitored to ensure borrowings are productive.

They will also identify States that are in urgent need for liquidity support and design a fiscal discipline programme to enable them to avoid a debt trap. The GoM will recommend guidelines for investment plan with respect to capital expenditure targeted at overall improvement – ensure adequate technical and financial due-diligence, equity investment by State Government, suitable mechanism for realizsation through tariff.

It will also suggest measures for improvement in the overall health of the distribution sector to attract further investment from private participants in the value chain.

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..