Himachal Pradesh Commission Approves Power Purchase Agreement

18 Jul 2024 CW Team

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has sanctioned a pivotal Power Purchase Agreement (PPA) aimed at bolstering the state's energy infrastructure. This agreement marks a significant milestone in Himachal Pradesh's efforts to secure reliable and sustainable electricity supply for its residents and industries.

The approved PPA involves the procurement of power from a renewable energy project, contributing to Himachal Pradesh's ambitious renewable energy targets. This initiative is part of the state government's broader strategy to enhance energy security, reduce dependency on conventional power sources, and promote eco-friendly energy solutions.

HPERC's approval underscores its commitment to fostering a conducive environment for renewable energy investments and ensuring regulatory support for sustainable development. The PPA's endorsement is expected to facilitate the timely execution of the renewable energy project, thereby boosting electricity generation capacity and meeting growing energy demands in the state.

With the regulatory clearance in place, Himachal Pradesh is poised to accelerate its renewable energy transition, harnessing clean and green power sources to achieve energy sustainability goals. The approved PPA not only strengthens the state's renewable energy portfolio but also reinforces its position as a proactive contributor to India's renewable energy trajectory.

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..