Patel Engineering and RVNL inks MoU on infra projects

02 Sep 2024 CW Team

Patel Engineering Limited and Rail Vikas Nigam Limited (RVNL) have reportedly signed an initial agreement to collaborate on hydropower and other infrastructure projects both in India and internationally. According to a statement from Patel Engineering, the agreement outlines a framework for collaboration between the company and RVNL, allowing them to leverage each other?s strengths and capabilities in pursuing hydro and other infrastructure projects. Under this Memorandum of Understanding (MoU), both parties will explore opportunities to work together in various capacities.

As part of the agreement, Patel Engineering and RVNL will collaborate on specific hydropower projects as well as other infrastructure initiatives as opportunities present themselves. The partnership aims to combine RVNL's expertise in rail and transport infrastructure with Patel Engineering's extensive experience in the broader infrastructure sector.

The agreement provides the flexibility for the parties to submit joint or independent bids for projects and to participate in tenders. For joint bids, Patel Engineering and RVNL will agree on the terms of cooperation, bidding strategy, and project structure to ensure a unified approach to project execution.

The MoU places significant emphasis on creating a framework that enables synergies in the hydropower and infrastructure sectors, reflecting both parties' shared commitment to maintaining high standards in project delivery and quality.

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..