Ministry Revamps Solar Bidding Guidelines for Transparency

08 Aug 2023 CW Team

The Ministry of Power has introduced new guidelines for bidding on grid-connected power projects. Designed to ensure transparency and fairness, they cover bid capacity limits, power procurement procedures, and penalties for delays, aiming to bolster energy sector stability and reduce risks. This encourages long-term power transactions between states. Apraava Energy has won two projects, facilitating a 40 GW energy transmission. This was achieved through the transfer of interstate transmission projects from PFC Consulting. Consequently, energy zones in Rajasthan will expand. The Gujarat Electricity Regulatory Commission's approval of tariffs from bidding underscores the sector's growth. The Q2 2023 successes of Sembcorp Industries, Bloom Energy, Stem, and Daqo New Energy Corporation spotlight the energy sector's evolution. Moreover, MIT's research has unveiled an innovative supercapacitor application, promising for energy source integration.

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..