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NLC India Moving Towards Hybrid RE Projects: Prasanna Kumar, CMD

Saur: What are the significant works NLCIL undertook in the past few years to boost its renewable portfolio? CMD: NLC India Limited (NLCIL) was an early bird central PSU to venture into the renewable sector. Our first renewable energy project was awarded in 2013 with a 51 MW wind power project. Later, we shifted towards […]

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ReNew Energy Q1 Analyst Meet- Focus On Derisking, Valuations

On the second anniversary of its NASDAQ listing, ReNew Energy Global had a very positive outlook to share with analysts. Be it the growth in portfolio by almost 3 GW, almost all of it comitted through PPAs, or the drop in average collection period from over 200 to 114 days, or a clear growth path […]

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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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Discoms Have Total Unpaid Dues of Rs 29,136cr, R.K.Singh tells Rajya Sabha

Union Power Minister RK Singh informed Rajya Sabha today that the electricity distribution companies (Discoms) had a total unpaid dues of Rs 29,136 crore as of July 24, 2023. These payments were to be made to the country’s power-generating companies (gencos). It was in addition to the balance legacy dues of Rs 61,025 crore. The […]

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CEA Revises Methodology To Calculate AT&C Losses

The Central Electricity Agency (CEA) has issued a notification seeking a revision in the methodology adopted for calculating Aggregate Technical and Commercial (AT&C) Losses. Earlier, The central authority issued its guidelines on calculation methodology for the computation of AT&C losses on June 2, 2017.   The addendum of the methodology specified that the collection efficiency of subsidy received and realization […]

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Funding New Thermal Power Plants May Create Stranded Assets: IEEFA Report

A latest report by the Institute for Energy Efficiency and Financial Analysis (IEEFA) claimed that new investments in thermal power plants could potentially lead to new stranded assets. The report said it is due to the economic benefits of renewable energy. The report titled ‘Cleaning up the last pile of India’s power sector Non-Performing Assets (NPAs)’ discusses […]

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Power Electronics – Firmware Developer

As a Firmware Developer for Power Electronics Products, specializing in 3-Phase UPS Systems, she/he will be responsible for developing and maintaining the UPS firmware that governs the operation of the UPS system. Her/his primary focus will be on designing, implementing, testing, and debugging firmware solutions to ensure the reliable and efficient performance of the UPS […]

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Power Electronics Hardware Engineer

The Power Electronics Engineer will be part of the growing European Power Electronics Team located in Pune. We are developing Drives (Frequency Converters) as part of our compression technology for the heating, ventilation, air conditioning and refrigeration (HVACR) industry. Together with us, you will shape the drive technology of tomorrow and help us with your motivation and […]

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Vibrant Energy Places Order for c.149 MW Wind Energy with Envision Energy

Corporate renewable energy solutions provider Vibrant Energy (Vibrant) has placed an order totalling c.149 MW with Envision Energy (Envision). The order consists of 45 wind turbines with a capacity of 3.3 MW each, with delivery expected to commence from Q3FY24 onwards. Envision Energy delves into energy solutions and is headquartered in Shanghai. Srinivasan Viswanathan, CEO, […]

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