Punjab Minister Seeks Funding for Biomass Plants

08 Nov 2023 CW Team

Harbhajan Singh, Punjab's Power Minister, has requested Viable Gap Funding (VGF) from the central government to promote biomass-based power plants and address stubble burning by farmers. He noted that the cost of conventional power, including Renewable Energy Certificates for Renewable Purchase Obligation (RPO) compliance, is significantly lower than the tariff of biomass power plants, which is approximately Rs 8 per kilowatt-hour. To enhance the competitiveness of power procurement from biomass power plants for distribution companies (DISCOMs), Singh emphasised the need for VGF from the Government of India.

Additionally, he urged permission to use coal from the Pachhwara coal mine by private thermal plants in Punjab, to alleviate the cost burden on state consumers. Harbhajan Singh also highlighted the need to extend the 30% subsidy for solar pumps to those with 15 HP and above, as they are commonly used for irrigation in Punjab.

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..