Tata Power Wins 400 MW Hybrid Project

23 Sep 2024 CW Team

Tata Power Renewable Energy (TPREL) has secured a contract to develop a 400 MW wind-solar hybrid project for the Maharashtra State Electricity Distribution Company (MSEDCL). This initiative represents TPREL’s largest renewable energy project in Maharashtra, comprising an initial contracted capacity of 200 MW, along with a greenshoe option for an additional 200 MW.

The hybrid power project is set to be completed within 24 months following the signing of the power purchase agreement between TPREL and MSEDCL. Once operational, the generated electricity will directly supply MSEDCL, contributing to the state's Renewable Purchase Obligation targets and strengthening its renewable energy portfolio.

With this new addition, TPREL's total renewable energy capacity reaches 10.5 GW, including an operational capacity of 4.8 GW. This comprises 3.8 GW from solar and 1 GW from wind energy projects. TPREL also boasts a solar EPC portfolio exceeding 15 GW in ground-mounted utility-scale projects and over 2 GW in rooftop and distributed ground-mounted systems.

Recently, TPREL was recognized as one of the winners in REMC Limited’s auction for supplying 750 MW of round-the-clock power from grid-connected renewable sources for 25 years, with a winning bid of ?4.43 (~$0.053)/kWh for 50 MW.

Earlier this month, the Delhi Electricity Regulatory Commission approved TPREL's request to extend the scheduled commercial operation date for its 510 MW wind-solar hybrid project in Karnataka. Additionally, TP Solar, a subsidiary of TPREL, commenced commercial production at its 2 GW solar cell line in Tirunelveli, Tamil Nadu, aimed at meeting the growing demand for domestically produced solar components. The company also operates a solar manufacturing plant in Bengaluru, with capacities of 530 MW for solar cells and 682 MW for modules.

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..