Ministers Urge Eastern States To Fast-Track Power Upgrades

26 Jun 2025 CW Team

Resource adequacy and nuclear push

The centre urged States to finalise resource-adequacy plans to FY 2035, insisting on balanced fuel mixes that include at least one nuclear station per State. Peak demand could climb to 446 GW by 2034-35, requiring timely capacity tie-ups and concerted Centre-State co-ordination to meet the Viksit Bharat 2047 goal.

Transmission finance

States were asked to fast-track intra-State transmission works and resolve right-of-way delays. Funding options include listing utilities, tapping multilateral lenders and using the Rs 1 500 billion interest-free, 50-year loans announced in Budget 2025-26.

Renewables, storage and smart grids

Renewables have risen from 32 per cent in 2014 to 49 per cent in April 2025; the Power Ministry wants stricter enforcement of Renewable Purchase Obligations and dedicated State-level planning teams. With a national target of 100 GW of nuclear capacity by 2047, Ministers also pressed for storage projects to keep supply reliable as green generation expands.

Distribution reform

Distribution companies, facing cumulative investment needs of around Rs 42 000 billion by 2032, must cut aggregate technical and commercial losses and narrow the gap between average cost of supply and revenue. States were told to secure cost-reflective tariffs and accelerate works under the Revamped Distribution Sector Scheme, including universal pre-paid smart meters for Government premises by August 2025 and for large commercial users by November 2025.

Cyber-resilience and islanding

With grids increasingly digital, the conference highlighted the need for robust cyber-security protocols and islanding schemes to limit blackout risks.

The ministers pledged continuous central support, reaffirming the ambition of ‘Power for All, at All Times’ across eastern India.

A regional conference of eastern States and Union Territories, chaired in Patna by Union Power and Housing Minister Manohar Lal, called for accelerated action to keep India’s electricity system ahead of soaring demand. Joined by Railways and IT Minister Ashwini Vaishnaw, Minister of State Shripad Yesso Naik, Odisha Deputy Chief Minister Kanak Vardhan Singh Deo, Bihar Energy Minister Bijendra Prasad Yadav and Jharkhand Urban Development Minister Sudivya Kumar, the gathering reviewed generation, transmission and distribution challenges as peak load edges towards 270 GW later this year.Resource adequacy and nuclear pushThe centre urged States to finalise resource-adequacy plans to FY 2035, insisting on balanced fuel mixes that include at least one nuclear station per State. Peak demand could climb to 446 GW by 2034-35, requiring timely capacity tie-ups and concerted Centre-State co-ordination to meet the Viksit Bharat 2047 goal.Transmission financeStates were asked to fast-track intra-State transmission works and resolve right-of-way delays. Funding options include listing utilities, tapping multilateral lenders and using the Rs 1 500 billion interest-free, 50-year loans announced in Budget 2025-26.Renewables, storage and smart gridsRenewables have risen from 32 per cent in 2014 to 49 per cent in April 2025; the Power Ministry wants stricter enforcement of Renewable Purchase Obligations and dedicated State-level planning teams. With a national target of 100 GW of nuclear capacity by 2047, Ministers also pressed for storage projects to keep supply reliable as green generation expands.Distribution reformDistribution companies, facing cumulative investment needs of around Rs 42 000 billion by 2032, must cut aggregate technical and commercial losses and narrow the gap between average cost of supply and revenue. States were told to secure cost-reflective tariffs and accelerate works under the Revamped Distribution Sector Scheme, including universal pre-paid smart meters for Government premises by August 2025 and for large commercial users by November 2025.Cyber-resilience and islandingWith grids increasingly digital, the conference highlighted the need for robust cyber-security protocols and islanding schemes to limit blackout risks.The ministers pledged continuous central support, reaffirming the ambition of ‘Power for All, at All Times’ across eastern India.

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..