Maharashtra to establish Green Integrated Data Centre Parks at an outlay of Rs.1.60 trillion

05 Nov 2024 CW Team

In a significant move to boost the state’s digital infrastructure, the Maharashtra government has approved the establishment of Green Integrated Data Centre Parks, with an expected investment of Rs.1.60 trillion. Maharashtra will become the first State in India to introduce a special policy for Green Integrated Data Centre Parks, a sector that is attracting multinational corporations.

The project is expected to solidify the State’s position as a key player in the data centre industry. The initiative will not only strengthen Maharashtra’s data infrastructure but also generate long-term revenue through direct and indirect taxes, following the completion of the promotion period.

Furthermore, the project is set to create approximately 500 high-skilled jobs directly and 3,000 indirect jobs, especially in high-tech sectors. With the rapid rise of Artificial Intelligence (AI), the demand for data storage and processing has surged, leading to increased energy consumption by data centres, raising concerns over global warming.

In light of India’s goal to achieve carbon neutrality by 2070, green technology has become crucial for the future. Maharashtra’s Green Integrated Data Centre Park will address these concerns by promoting eco-friendly practices in the sector. The parks will have a minimum capacity of 500 MW each, with a capital investment of at least `300 billion over a 10-year period. The incentive period for these projects will extend up to 20 years.

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..