STEL secures power infra project in TN

04 Dec 2023 CW Team

Salasar Techno Engineering (STEL), a provider of customised steel fabrication and infrastructure solutions, has secured a Rs 364 crore power infrastructure project in Tamil Nadu.

The work order has been awarded by Tamil Nadu Generation and Distribution Corporation (TANGEDCO) ? an electrical power generation and distribution public sector undertaking owned by the Government of Tamil Nadu.

The contract focuses on the execution of loss reduction work in turnkey mode and enhancing the power infrastructure in the Erode district of Tamil Nadu.

?Under the contract, STEL is entrusted with the supply, erection, and installation of feeder segregation, high voltage distribution system, separation of double distribution transformer, and augmentation of 33KV Lines,? the company said.

The above contract strengthens the order book of the company and is expected to be completed within 36 months in a phased manner, it said.

New Delhi-based STEL is a steel structure manufacturer and EPC infrastructure company, providing services across telecom, energy and railways.

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..