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Energy Transition

BENY Emerges From the Shadows To Power 7 GW Solar Project with 1500V DC T& D Solution

China-based BENY, which has been making big strides in the energy transition space with its power electronics has added a major feather in its cap with the stable performance of the world’s largest 7 GW solar PV power station in Qinghai Province’s upper reaches of the Yellow River. A prestigious project where China National Energy Investment […]

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Hero Future Energies Signs MoUs for INR 6200 Cr to Develop Future RE Projects

Hero Future Energies has signed two Memorandums of Understanding (MoUs) with REC Limited and PFC Limited for infusion of INR 31100 crores each in HFE over the next five years. The MoUs, were signed on the sidelines of 4th G20 Energy Transition Working Group (ETWG) meetings at Goa. A sum of Rs 6200 crores, gained […]

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As MoUs Worth Lakhs OF Crores Are Announced By PFC, REC, Hopes Rise

The Central government’s power project financing arms, PFC and its subsidiary REC, have made a slew of green funding announcements recently. In total, the NBFCs Power Finance Corporation Ltd (PFC) and REC Ltd have signed agreements worth ₹5 lakh to fund projects of major green energy firms. While the PFC signed pacts worth ₹2.37 lakh […]

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ACME Group Achieves Financial Closure of INR 4,000 Cr Debt for Green Hydrogen & Ammonia

Diversified renewable energy company ACME Group announced securing INR 4,000 crore loan from one of the India’s largest green infrastructure financial institutions Rural Electrification (REC) Limited for its green hydrogen and green ammonia project in Oman. The loan will be utilized to commence the first phase of the pioneering green hydrogen and green ammonia project, […]

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G20 Countries Should Strengthen Mainstreaming Of DRE: CEEW

A recent report released by the Council on Energy, Environment and Water (CEEW) exhorted the G20 countries to take steps towards mainstreaming distributed renewable energy (DRE). The report was released on the sidelines of the 14th Clean Ministerial (CEM) in Goa. The report identified and collated the emerging good practices to mainstream DRE solutions. The […]

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Four G20 Countries Have Higher GHC Emissions: Report 

The NITI Aayog recently released a report on decarbonizing transport among the G20 countries. The report attributed the rise of transportation emissions to the surge in motorization across these countries.  The report also claimed that four G20 countries have the higher GreenHouse Gases (GHG) emissions per KwH. Describing growth in grid emission among the G20 […]

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ISA announces Twenty Winners of SolarX Startup Challenge

At a side-event of the G20 Energy Transitions Working Group meeting in Goa, the International Solar Alliance (ISA), announced the 20 winners of its SolarX Startup Challenge. 20 companies from 10 African countries were declared winners, who will work to increase solar deployment in the Africa Region. Out of the 20 winning companies, seven are […]

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Avaada Group in MoU with REC for INR 20,000 Funding  

On the sidelines of the fourth meeting of the G20 Energy Transition Working Group (ETWG), Avaada Group, has announced a partnership with the Rural Electrification Corporation (REC), concretized through a Memorandum of Understanding (MoU). This agreement ushers in support for Avaada’s energy transition ventures, with the total investment reaching INR 20,000 crores over the next five […]

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Project Controller – Power Transformers

Main Accountabilities:- 1. Tender stage Supports the tender manager on financial aspects. Provides input to negotiations on commercial issues. Provides input in local risk review process. 2. Business planning and forecasting Translates strategy into business plans and establishes measurable targets. Oversees the business planning and forecasting process for the area of responsibility and serves as the […]

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