Maharashtra Raises Net Metering Cap for Rooftop Solar to 5 MW, Boosting Renewable Energy Growth

22 Nov 2023 CW Team

In a significant move, Maharashtra has increased the net metering cap for rooftop solar installations to 5 MW, marking a substantial stride towards promoting renewable energy within the state. The decision is poised to encourage widespread adoption of rooftop solar systems, fostering sustainable energy practices and reducing dependence on conventional power sources. This revision in the net metering limit aligns with Maharashtra's commitment to meeting its renewable energy targets and addressing environmental concerns. The raised cap signifies a proactive approach towards harnessing solar power's potential and facilitating cleaner and more sustainable energy solutions. This regulatory adjustment is expected to stimulate investments in the solar sector, driving economic growth while contributing to the state's renewable energy portfolio. Key stakeholders, including solar developers, businesses, and environmentally conscious consumers, stand to benefit from this progressive policy shift.

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..