India-U.K. Offshore Wind Task Force Launched

23 Feb 2026 CW Team

The task force will focus on assessing resource potential, de risking projects for financiers and expanding domestic manufacturing capacity for turbines and components. It will work to harmonise standards, expedite permitting and develop skills through targeted training programmes to support project construction and operation. The task force is also expected to explore export opportunities for domestically manufactured components and to support local supply chain linkages.

India has crossed 272 gigawatts (GW) of non-fossil fuel power capacity, marking a significant milestone in its energy transition and expanding the share of renewables and low carbon sources in the power mix. The milestone reflects growth in solar, onshore wind, hydroelectric and nuclear capacity and underlines the challenge of integrating variable generation into the grid. Policy makers noted that stronger transmission planning and storage solutions will be important to ensure system stability and efficient utilisation.

The new bilateral workstream is expected to complement domestic efforts to scale renewable manufacturing, stimulate job creation and enable technology transfer. Stakeholders will monitor progress and pursue measures to mobilise both public and private finance while addressing environmental and social safeguards. The collaboration is positioned as a step towards meeting long term climate and energy security objectives. Governments will review interim recommendations periodically.

The Government of India and the United Kingdom have launched an offshore wind task force to accelerate development of marine wind projects and bolster investment in India's renewable sector. The initiative is intended to identify commercial opportunities, align regulatory frameworks and support supply chain development for large scale deployment. Officials framed the move as part of broader bilateral cooperation on clean energy and technology exchange. It will include technical experts, industry representatives and policy officials to facilitate practical solutions and project delivery. The task force will focus on assessing resource potential, de risking projects for financiers and expanding domestic manufacturing capacity for turbines and components. It will work to harmonise standards, expedite permitting and develop skills through targeted training programmes to support project construction and operation. The task force is also expected to explore export opportunities for domestically manufactured components and to support local supply chain linkages. India has crossed 272 gigawatts (GW) of non-fossil fuel power capacity, marking a significant milestone in its energy transition and expanding the share of renewables and low carbon sources in the power mix. The milestone reflects growth in solar, onshore wind, hydroelectric and nuclear capacity and underlines the challenge of integrating variable generation into the grid. Policy makers noted that stronger transmission planning and storage solutions will be important to ensure system stability and efficient utilisation. The new bilateral workstream is expected to complement domestic efforts to scale renewable manufacturing, stimulate job creation and enable technology transfer. Stakeholders will monitor progress and pursue measures to mobilise both public and private finance while addressing environmental and social safeguards. The collaboration is positioned as a step towards meeting long term climate and energy security objectives. Governments will review interim recommendations periodically.

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..

Infrastructure Transport

30 May 2026

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..

Infrastructure Urban

30 May 2026

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..