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Avaada Closes Financing For 9 of Its Diverse RE Projects In Q3FY25

Avaada Group, a company operating in India’s renewable energy landscape, has successfully completed financing/refinancing of nine of its projects across the business divisions totaling for an amount of INR 8500 Crs (~USD 1 Bn). The transactions include a mix of Utility scale IPP projects, large-scale Agri Photovoltaic projects, Merchant power generation projects, C&I projects and […]

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ACME Solar Commissions 90 MW Solar Project In Rajasthan

ACME Solar Holding (ASHL) has now commissioned an additional aggregate capacity of 90 MW of solar power projects in Rajasthan. The company secured this project through its subsidiaries, viz. ACME Dhaulpur Powertech Private Limited and ACME Raisar Solar Energy Private Limited, to commission the remaining capacity of 62 MW and 28 MW, respectively. These two […]

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ACME Solar Commissions 1 GW Solar Projects In Rajasthan

Haryana-based ACME Solar Holdings Limited (ASHL), has now commissioned its four ISTS-connected SECI projects. These solar projects aggregated to 1.02 GW are located in Jaisalmer, Rajasthan. They are part of a 1200 MW cluster spread over 4 projects. This achievement marks the commissioning of one of the largest single-location projects in India. The remaining capacity […]

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Maharashtra Discom Issues Tender For 1 GW RTC Power Supply

Maharashtra State Electricity Distribution Company (MSEDCL) recently released a tender to procure 1 GW of electricity from a power generating station, irrespective of the fuel type. This is applicable for renewable projects too. The Maharashtra discom now wants to procure the power under a Round-The-Clock (RTC) arrangement. The firm has planned to procure power for […]

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QA/QC Manager – Wind Towers

Ensure and continuously improve quality of suppliers and their deliveries. Support and drive cross-functional cooperation with Procurement, Quality Management, Manufacturing and Logistics, R&D or/and Project Management (PM). Ensure compliance of SQM with applicable regulatory and quality requirements. A passion for renewable energy and a sense for the importance to lead the change. We are also […]

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Sr Manager – Sales

The successful candidate will be responsible for Sales in Odisha region and various Cities location, he/she should take care of sales of  Schneider all  product basket   (Power Systems predominantly along with ,Industry, Partner Projects, Eco, H&D & DE ) Role: Will be responsible for working closely with major Contractors, End Users – Industry and Building  & Panel Builders. […]

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REC Steps Up On Green Financing With 37.3% Growth In Renewable Energy Funding

REC Limited, a maharatna CPSE under the Ministry of Power and a leading NBFC, has disbursed loans worth ₹90,955 crore, up 20.10% year-on-year for the half year ended September 30, 2024. The quantum of renewable energy loans grew 92.68% year-on-year to ₹11,297 crore. Notably, the firm raised the largest ever tranche of green binds from […]

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Tata Power-DDL, Nissin Electric Launch Micro Substation Demonstration

Tata Power Delhi Distribution Limited (Tata Power-DDL) and Nissin Electric, based in Kyoto (Japan), will kick-start a demonstration project to supply electricity from India’s first Micro Substation with a Power Voltage Transformer (PVT) to ensure stable power for areas without a power grid. Tata Power-DDL, a power utility, and Nissin Electric, a Japan-based electric equipment […]

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SBI Caps Report Sees Avenues For Banks In Indian Solar Manufacturing Sector

A recent report by SBI Caps has indicated new avenues for the formal banks in the country for financing solar module manufacturing projects. Bolstered with the expected rise in the production of solar cells, solar modules and other backward integration by domestic players, the report talked about a likely chance of increased participation of banks […]

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