NLC India in Talks With Russia for Lithium Block in Africa

15 Jul 2025 CW Team

State-owned NLC India is in advanced discussions with a Russian public sector enterprise for equity participation in a lithium block located in Mali, Africa. The move comes as India ramps up efforts to secure a stable supply of lithium—an essential mineral for electric vehicle batteries and clean energy technologies.

According to sources familiar with the matter, the partnership is expected to support India’s strategic ambitions to source lithium from overseas while also developing domestic reserves. The growing demand for lithium in the transition to renewable energy has pushed public sector companies like NLC India to explore international collaborations.

NLC India, traditionally involved in lignite and coal mining and power generation, has diversified into renewable energy and mineral exploration. It recently secured two strategic blocks—phosphorite and limestone—in Chhattisgarh during the fifth round of mineral auctions.

The company also posted a strong financial performance for the March 2025 quarter, with consolidated profit rising over fourfold to Rs 4.68 billion, compared to Rs 1.14 billion in the same period last year.

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..