Manohar Lal visit to DVC: renewable energy expansion

18 Jul 2024 CW Team

In a significant development aimed at bolstering India's energy sector, Union minister of power and housing and urban affairs Manohar Lal, made his first official visit to the headquarters of Damodar Valley Corporation (DVC) in Kolkata. The visit was focused on assessing the performance and addressing the challenges faced by one of the country?s vital power entities. During his visit, Manohar Lal engaged in comprehensive discussions with DVC's management on various issues, including the operational challenges and financial hurdles that are impeding the corporation's growth. Highlighting the critical role of DVC in the nation's energy security and economic development, the Minister assured full governmental support in overcoming these obstacles. A major point of discussion was the need for DVC to expand its renewable energy portfolio?a move that aligns with the country?s ambitious goals for sustainable energy. Shri Manohar Lal advised DVC to consider the equity market as a viable option for fundraising to support its future growth plans and infrastructural developments. Expressing gratitude towards the Union Minister, the DVC management team acknowledged his guidance and pledged to accelerate efforts towards enhancing operational efficiencies and integrating more renewable energy projects into their portfolio.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

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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..