KPI Green Energy, SAEL and NLC India Win GUVNL Solar Auction

05 Jul 2023 CW Team

Guiarat Urja Vikas Nigam's (GUVNL) auction for the development of 800 MW of grid-connected solar power projects (Phase XX at the Khavda Solar Park in Gujarat) was won by KPI Green Energy, SAEL Industries, and NLC India.

The developers have access to an additional 800 MW greenshoe option. KPI Energy won 100 MW by offering a quote of $2.70 (or $0.033)/kWh. 400 MW and 300 MW, respectively, were won by SAEL Industries and NLC India at quotes of 2.71 (around $0.033)/kWh.

This year's tender was floated in May.

With the chosen bidders, GUVNL will sign a power purchase agreement (PPA) that will last 25 years starting on the project's anticipated commercial operation date.

The undertaking need to be planned to offer energy to GETCO (Gujarat Energy Transmission Corporation)'s surroundings. The winning bidder oversees establishing grid connectivity with GETCO or the primary transmission utility.

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..