Sunsure Energy to invest Rs 31.5 bn in 500 MW RE projects across TN

11 Jan 2024 CW Team

Sunsure Energy has committed to investing Rs 31.5 billion in renewable energy initiatives in Tamil Nadu over the next three years. The company, in collaboration with the state government, is set to establish four new renewable energy projects totalling 500 Megawatts (MW), according to a statement released.

Under the Memorandum of Understanding (MoU) with Tamil Nadu, Sunsure Energy is entering into a strategic partnership for a substantial investment of Rs 31.5 billion in enhancing the state's renewable energy capacity within the next three years. This collaborative effort aims to bolster Tamil Nadu's green energy capabilities through the implementation of four new projects with a combined capacity of 500 MW.

The forthcoming projects will be strategically located in various areas, including Tuticorin & Tirunelveli, Theni, and Tiruchirappalli, as outlined by the company.

These initiatives have the potential to generate over 1,200 employment opportunities within the state.

Sunsure Energy's plan includes the establishment of three solar power plants, each with a capacity of 100 MW, along with a wind power plant boasting a capacity of 200 MW, strategically positioned across Tamil Nadu.

Shashank Sharma, the Founder, Chairman, and CEO of Sunsure Energy, expressed the company's commitment, stating, "We will leverage our expertise in the renewable energy sector to play a role in enhancing the state's renewable energy generation capacity and supporting its socio-economic and development objectives."

Notably, Sunsure Energy stands out as one of India's leading renewable energy power producers, focusing on the commercial and industrial (C&I) sector.

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..