P Govt Signs MoU With NaBFID for Amaravati Infrastructure Advisory

11 Jul 2025 CW Team

The Andhra Pradesh Capital Region Development Authority (APCRDA) has signed a Memorandum of Understanding (MoU) with the National Bank for Financing Infrastructure and Development (NaBFID) for Transaction Advisory Services. The agreement was signed in the presence of Hon’ble Chief Minister Shri N. Chandrababu Naidu.

As per the MoU, NaBFID will support APCRDA in designing a financial strategy and evaluating implementation models including Public-Private Partnerships (PPP) for infrastructure projects in Amaravati. It will also assist in identifying revenue sources and land monetisation opportunities.

The partnership aims to deliver a structured financial plan aligned with Amaravati’s long-term development goals.

“We aim to unlock innovative financing models for key infrastructure in the capital region,” said Rajkiran Rai G., MD, NaBFID.

K. Kannababu, Commissioner, APCRDA, added, “The MoU strengthens the financial ecosystem for Amaravati’s growth and ensures optimal capital deployment through structured development.”

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..