Tata Realty and Tabreed Announce First Alliance for CaaS Transaction

01 Jun 2023 CW Team

Tata Realty and Tabreed, a leading global cooling solutions provider, have announced their first alliance for a Cooling as a Service (CaaS) transaction in India. The deal, which is expected to be completed in the coming months, will see Tabreed acquire Intellion Park's existing cooling infrastructure and undertake Greenfield expansion to increase cooling capacity.

The CaaS model allows real estate developers to outsource the operation and maintenance of their cooling systems to a third-party provider. This can help to reduce costs, improve efficiency, and free up resources to focus on other aspects of the business.

Tata Realty is a leading real estate developer in India with a strong focus on sustainability. The company has set a target of achieving net-zero carbon emissions by 2050. The CaaS transaction with Tabreed is a significant step towards achieving this goal.

The deal is also expected to benefit Tabreed, which is looking to expand its presence in India. The company currently operates in 13 countries and has a cooling capacity of over 20 million tons of refrigeration.

The CaaS transaction is a win-win for both Tata Realty and Tabreed. It is a sign of the growing importance of sustainability in the real estate sector and the increasing demand for innovative cooling solutions.

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..