RECPDCL Invites Bids for Transmission System

23 Sep 2024 CW Team

REC Power Development and Consultancy (RECPDCL) has officially invited bids to establish an Inter-State Transmission (ISTS) System aimed at evacuating up to 3.5 GW of renewable energy from Lakadia, Gujarat. Interested bidders must submit their proposals by November 11, 2024, with the opening of bids occurring on the same day.

The project must be completed within an 18-month timeframe, encompassing the development of a Transmission System for augmenting transformation capacity at the 765/400 kV Lakadia substation (WRSS XXI (A) TRANSCO LTD). This initiative is crucial for integrating 2.5 GW of power beyond the existing 1 GW capacity from various renewable energy projects located in the Lakadia Renewable Energy Zone (REZ).

Key components of the project include the implementation of a 22 kV line bay for several renewable energy companies, such as Juniper Green Energy, TEQ Green Power, and Arcelor Mittal Nippon Steel India. Additionally, the installation of a 1×330 MVAr 765 kV Bus Reactor (2nd) and augmenting the transformation capacity at Lakadia PS with a 1×1500 MVA, 765/400 kV ICT (3rd) is also part of the scope.

Bidders must meet specific criteria, including experience in developing infrastructure projects with an aggregate capital expenditure of at least ?5.1 billion ($60.91 million) and a net worth of no less than ?2.5 billion ($29.85 million).

Recent activities in the sector include PGCIL securing an ISTS project for 5.5 GW of renewable energy evacuation from Rajasthan and Adani Energy being awarded transmission works for 7 GW of renewable energy, underscoring the growing demand for efficient transmission solutions in India’s renewable energy landscape.

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..