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REC Limited Faces Higher Expectations With Maharatna Status

REC Limited was accorded the status of Maharatna Central Public Sector Enterprise on Wednesday, September 21, giving REC greater operational and financial autonomy. With this, REC joins the previous 11 PSU firms in the elite list as the 12th member. An order to this effect was issued today by the Department of Public Enterprises, under […]

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Lead Engineer- Control Firmware

We are looking for a control firmware engineer with 5 to 8 years of experience in embedded power control firmware development with expertise in Control Engineering and Power Electronics, for the application of Grid-tied Solar Inverter and Li-ion based Storage solutions. Essential Functions:- Architecting embedded control strategy, formulating specifications and implementation control firmware for PFC, Chargers, DC/DC […]

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GUVNL Invites RFP For Procurement of 500 MW Power

Gujarat Urja Vikas Nigam Limited (GUVNL) has invited request for proposals for 500 MW of power supply on a short-term basis through tariff based competitive bidding process.  The last date for submitting the online bid is September 01, 2022, till 06:00 pm. Bids will be opened on September 02, 2022, at 11:00 am. For participating […]

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Power Finance Corp Signs Loan Agreement With Japan Bank For JPY 30 Billion

An Indian financial institution under the ownership of the Ministry of Power, Power Finance Corp (PFC) has signed a loan agreement with Japan Bank for International Cooperation (JBIC). Through this loan agreement, Power Finance Corp will seek JPY 30 billion as loan amount from JBIC. As part of its “Global action for Reconciling Economic growth […]

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ReNew Analyst Call Highlights- Module Mfg Hiked To 6 GW, Corporate PPA Market, More Backward Integration

Nasdaq listed ReNew Energy Global (ReNew Power), which announced its Q4 results for FY 22 yesterday (June 15), hosted its analyst call later in the evening. We bring you some of the key highlights from the call, where Founder, Chairman and CEO Sumant Sinha Spoke, along with new CFO Kedar Upadhye, Chief Sustainability Officer Vaishali […]

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Senior Power Electronics Engineer

The successful candidate will join Ametek – Intellipower global R&D team and embark on an exciting journey towards the design and implementation of the next generation of Intellipower UPS systems. He/ She should be an expert on Digital/Analog power electronics circuits design and have hands on experience. He/ She should be well familiar with different […]

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India-Ra Report Predicts Rs 59,000 Crore Losses At Discoms in Fy 21-22

India Ratings Research (Ind-Ra) has released a ready reckoner on financial health of discoms for 2021-22. Ind-Ra has used the data from Power Finance Corporation Limited’s (PFC) report on Performance of State Power Utilities 2019-20, tariff orders from state electricity regulatory commissions and annual reports to carry out the analysis and make FY22 estimates. In […]

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CERC Allows Petition Of Karur Transmission Ltd

The Central Electricity Regulatory Commission (CERC) allowed on May 17 the petition of Karur Transmission Ltd that the transmission charges for the project should be adopted because it was selected through a competitive bidding process. Karur Transmission Ltd had moved the CERC to examine whether the process as per provisions of the guidelines has been […]

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