RECPDCL Transfers Rajasthan IV 4A Transmission Project to Power Grid

02 Jan 2025 CW Team

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the Ministry of Power, has transferred a project-specific Special Purpose Vehicle (SPV), namely Rajasthan IV 4A Power Transmission Limited, to Power Grid Corporation of India Limited on 30th December 2024 in Gurugram.

Power Grid Corporation of India Limited was selected as the Transmission Service Provider (TSP) through the Tariff-Based Competitive Bidding (TBCB) process conducted by RECPDCL, acting as the Bid Process Coordinator, for the development of the transmission project on a Build, Own, Operate & Transfer (BOOT) basis.

The transmission scheme is designed to facilitate the evacuation of 3.5 GW of renewable energy from Rajasthan's Renewable Energy Zone. It includes the establishment of a 765/400 kV, 2x1500 MVA substation near Ghiror (Uttar Pradesh), the augmentation of the Barmer-I Pooling Station, 283.05 km of 765 kV transmission lines, and 43.28 km of 400 kV lines, along with associated works. The project is valued at an estimated ₹5,378.03 crore and is slated for completion within 24 months.

The SPV was formally handed over by Shri T.S.C. Bosh, CEO of RECPDCL, to Shri Satyaprakash Dash, Company Secretary of Power Grid Corporation of India Limited, in the presence of senior officials from RECPDCL, Power Grid Corporation of India Limited, and Central Transmission Utility of India Limited.

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..