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DERC Proposes Rs 150cr Limit For New Intra State Power Projects

Delhi Electricity Regulatory Commission (DERC) in its latest notification has proposed a threshold limit to develop Intra-State Transmission Projects under its proposed Draft Tariff Based Competitive Bidding) Regulations, 2024. The draft laid down certain criteria for setting the threshold limit. For instance, the notification stated, “The threshold limit of above Rs. 150 crores excluding land […]

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Lead Project Engineer

Responsibilities:- Develop business concepts into defined projects Prepare project feasibility reports, cost estimates & execution plans Detailed understanding and working as per Project Execution documents Project completion on time, with in the budget Ensure availability on time, the Engineering deliverables and materials for construction Ensure implementation of uniform procedures and methods Review periodically the work processes, […]

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As Chinese Solar Firms Raise Silicon Wafer Prices, Will Transmission Happen To Cells and Modules?

With the recent increase in silicon wafer prices by certain Chinese solar companies including Longi, the firms hope that this will also impact the cost of solar cells exported from China to other countries. Given China’s dominant position in solar cell exports, higher wafer prices could influence global solar module costs in destination markets. Prices, […]

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L&T Carves Out Renewable Energy Vertical In Its Infrastructure Segment

Effective from 1st September 2024, Larsen & Toubro (L&T) carved out a separate business vertical for renewable EPC out of its Power Transmission and Distribution (PT&D) business, within its Infrastructure Projects segment. L&T has created the Renewable EPC business, as an addition to its construction verticals. The move comes at a time when the division […]

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Lead Design Engineer Mech HVAC-Pkg

Responsibilities:- Review and approval of project engineering specifications and design basis Review and approval of various deliverable contents and formats To review and improve engineering processes Detail engineering activities and site support Checking and approval of deliverables Heat load, P&I, Utility flow diagram, utility estimation, ducting, piping drawings, equipment data sheet, Insulation specifications & thickness, reflected ceiling plan and […]

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MingYang Defies Skeptics With Successful Installtion of 20 MW Offshore Turbine

Proof if ever was needed, on the next frontier for Chinese renewable equipment majors, is here. Offshore wind turbines, probably the last big segment that Chinese firms turned their attention to, has a new record holder for turbine size at 20 GW, in the form of Chinese renewable energy equipment manufacturer Mingyang Smart Energy. Mingyang […]

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Inox Wind’s EPC Arm Resco Global To Raise 350cr Equity

Indian wind energy company Inox Wind Limited (IWL) today announced that the board of its subsidiary, Resco Global Wind Services Pvt. Ltd. (Resco Global), an EPC Projects company, has approved Rs 350 crore equity raise from marquee investors for a single digit stake. The funds will be utilized to scale up the business offerings and […]

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Adani, Sterlite Power Complete Acquisition of Transmission Networks For 7 GW Evacuation from Khavda

Adani Energy Solutions Ltd (AESL), the transmission and distribution company of the Adani group, has completed the acquisition of the Special Purpose Vehicle (SPV) of the Khavda Phase IV Part-A transmission project, after receiving a letter of intent (LOI) from REC Power Development and Consultancy Ltd. Khavda IVA Power Transmission Ltd, a special purpose vehicle […]

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Renewables Contribute Only 4% To NTPC’s Turnover in FY24

According to the latest numbers from India’s power giant NTPC, renewable energy assets contribute a mere 1.23% to the company’s turnover. When hydro projects are included, this figure increases to just 4%. NTPC Limited’s Business Responsibility and Sustainability Report indicates that power generation accounts for 94.19% of the company’s total turnover. The report reveals that […]

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