SUBSCRIBE NEWS LETTER

Gujarat plant

C&I Segment: Group Captive Mode to Drive Installations in FY24-FY25-CareEdge Ratings

A new report from CARE Ratings predicts sunny times for solar power through Group captive mode in India’s C&I segment. Commercial & Industrial (C&I) consumers in India have the option to purchase power either through a third-party power plant or through a captive/group captive power plant besides procuring power from the designated utility in their region. […]

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Waaree Energies Raises INR 1000 Crore in Second Round of Funding Led by ValueQuest

Waaree Energies Limited (WEL), India’s largest solar module maker right now, has successfully raised a round of equity funding, amounting to approximately INR 1000 crore. The investment round was led by ValueQuest, an investment focused on sustainable and progressive ventures. Waaree Energies Ltd. had earlier raised a primary round of ~INR 1040 crore from a […]

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NTPC Gung Ho On Renewables Targets, Sees Bigger Opportunities Open Up

National Power Utility NTPC Limited has been in the news for all the right reasons recently. A soaring stock price has been driven by rising power demand, which has meant higher utilisation of NTPC’s coal power fleet, even as NTPC itself has extracted almost 65% higher coal during the year gone by. That, plus a […]

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The market’s evolution should not solely rely on subsidies: Manish Chugh, Co-founder & Director of Aponyx Electric Vehicles

Aponyx, an electric vehicle manufacturer, was founded in 2017 at IME Manesar, Gurugram, Haryana. The founders focused on  embracing the opportunity to demonstrate innovations in the electronics and electrical sectors. As technology advanced and various electrical appliances were introduced to the market, the company manufactured and serviced various electronic equipment and appliances including all reputed […]

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Senior Manager – Materials and Resources

As a member of Plant Management, ensure a safe working environment, a high level of quality in products and processes, a high level of productivity, and employee well-being by managing all internal logistics activities of the plant, end to end material flow (supplier to customer), including procurement (direct and indirect), production planning, reception of materials, […]

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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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NLC India in Talks with Andaman for 20 MWh Storage System

NLC India  is in discussions with the Andaman and Nicobar authorities  for the establishment of a 20 MWh storage battery system. The islands are currently dependent on diesel generators, with the systems helping meet 95% of the energy requirement and the remaining 5% from hydropower. “South Andaman has a 20 MW solar plant and an 8 […]

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