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With 90% Growth In PAT In Q1 FY23, Tata Power Rides 48% Jump In Revenues

One of India’s largest integrated power companies, Tata Power has today announced its results for Q1FY23 reporting a 90% YoY increase in consolidated quarterly PAT as compared to Q1FY22, registering its 11th consecutive year-on-year quarterly growth in PAT. Quarterly Highlights – Q1FY23 Tata Power’s consolidated PAT before Exceptional Items is up by 90% at ₹884 crore […]

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Iberdrola Secures €550 Million Loan For Renewable Projects In Spain

Iberdrola, the Spanish multinational utility company, has said that it has forged an agreement with the European Investment Bank (EIB) to expedite Spain’s energy transition by establishing new renewable energy capacity. Under the agreement, the EU bank will provide a €550 million green loan for the construction of a portfolio of projects with a total […]

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MasTec to Acquire Infrastructure and Energy Alternatives (IEA)

MasTec and Infrastructure and Energy Alternatives (IEA) have announced signing an agreement under which MasTec will acquire all of the outstanding shares of IEA in a cash-and-stock transaction. Each IEA share is valued at $14.00. The official statement of MasTec said that the transaction has been unanimously approved by the Boards of Directors of both […]

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Solar Energy Corporation Extends Deadline For One EV Captive Charging Station

Recently, Solar Energy Corporation of India (SECI) has extended its Deadline for the bid submission deadlines for its one EV Captive Charging Station on the premises of NCRTC, by a further period to August 10, 2022.  The tender had first been released on June 24, 2022. This EV Captive Charging Station tenders include Supply, Erection, […]

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eBikeGo To Establish Manufacturing Plant For Domestic, Global Market

The electric two-wheeler mobility platform eBikeGo has announced its plans to expand footprint beyond the shores. Popular brands like Muvi and Velocipedo of eBikeGo will make their presence felt in a new market outside of India when the new manufacturing plant begins to produce electric bikes through subsidiary arm, Vajram Electric. Not just powertrain, but […]

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Project Engineer-I for NS(S&CS) SBU

Bharat Electronics Limited, a Navratna Company and India’s Premier Professional Electronics Company under Ministry of Defence, requires the following personnel on contract basis for its Naval Systems SBU, Bengaluru Complex.  1.    REQUIREMENT OF PROJECT ENGINEERS:-    Post & Post Code   Qualification   No. of Posts Minimum Post Qualification Experience as on 01.07.2022   […]

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Project Engineers for Water Front Support Locations

Bharat Electronics Limited, a Navratna Company and India’s Premier Professional Electronics Company under Ministry of Defence, its Hyderabad Unit requires the following personnel on temporary basis as Project Engineer-I for deployment at Water Front Support Locations. 1.  REQUIREMENT OF ENGINEERS:-   Post   Place of Posting Number of Posts Upper Age Limit as on 01.07.2022 […]

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AAI Decarbonises 14 Airports With 100% Renewable Energy

14 airports out of 125 airports, falling under the Airport Authority of India, have achieved decarbonisation with 100% renewable energy. Running on renewable energy to meet the operational requirements, the list of carbon free airports includes Tezu airport, Kangra airport, Kullu airport, Shimla airport, Jammu airport, Srinagar airport, Leh airport, and Imphal airport, Dimapur airport, Puducherry […]

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93% of MSEDCL Tender For 535 MW Solar Power Goes To Railways Firm

In an interesting development, Braithwaite India and Co. Limited, a firm under the Ministry of Railways, has got an allotment of 500 MW out of a 535 MW of bids  accepted by MSEDCL (Maharashtra State Electricity Distribution Company Limited),  under the ‘Mukhyamantri Saur Krishi Vahini Yojana’ from 2 to 10 MW capacity projects. For the […]

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