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REC

REC Signs € 200 mn Loan Agreement with Germany’s KfW Bank

This is REC’s fourth line of credit under Indo-German Development Cooperation which will be utilized to fund green energy projects in India. State-run entity responsible for financing rural infrastructural projects, Rural Electrification Corporation (REC) has signed a loan agreement with German bank KfW worth euro 200 million for funding renewable energy projects. This is REC’s fourth line […]

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PFC Appoints PK Singh as Director-Commercial

Praveen had been placed as Executive Director- Projects and has worked in multiple units of the Projects division of the firm for over 24 years. State-run power sector lender, Power Finance Corporation (PFC) has appointed Praveen Kumar Singh as Director-Commercial of the company with effect from August 10. Before the director-commercial, Praveen had been placed […]

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PetersenDean Steps Aboard SEIA’s Board of Directors

Gary Liardon, president of Consumer Group Nationwide at PetersenDean, will serve as a director on the SEIA board of directors. The Solar Energy Industries Association (SEIA), the national trade association for the U.S. solar energy industry states that PetersenDean, a leading U.S. roofing and solar power contractor, has joined SEIA’s board of directors. Gary Liardon, […]

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DGTR Recommends Safeguard Duty of 25% on Solar Panel Imports for First Year

The Directorate General of Trade Restrictions (DGTR) has recommended imposing a safeguard duty on solar panels and modules imported from China and Malaysia for two years – 25% for the first year, 20% for the next six months and 15% in the last phase, citing injury to domestic industry. This follows seven months of intense […]

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Adani Solar Recognized Globally for its Durability and Reliability

Developers and investors should be aware that not all manufacturers have their modules tested for quality and reliability to vouch for their product lifetime. In a recent report released by DNV GL, the solar manufacturing arm of Adgroup, Mundra Solar PV Limited has emerged as the only Indian company to feature in the fourth annual […]

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TMEIC India Exceeds 100 MVA in UPS Orders Bagged in Record 2 Yrs

TMUPS, our patented innovative multi-level circuit concept and unique power module technology help our UPS systems to deliver superior performance, says Anurag Mathur. TMEIC Industrial Systems India (TMEIC India) has exceeded 100 MVA in Uninterruptible Power Supply (UPS) orders received in a record time of two years. Now, it became a highly preferred player in […]

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TechnipFMC India CSR Initiative Seed of Hope Wins Special Recognition From UN Global Compact Network India (GCNI)

TechnipFMC (NYSE: FTI) (PARIS: FTI) has received a special recognition award for their flagship community development initiative in India, ‘Seed of Hope’, at the 13th National Convention 2018 held by Global Compact Network India on 8th June 2018 at Shangri-La, Bengaluru. Over 65 entities from private sector, public sector, NGOs and academic institutes contested in […]

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REC Pledges $1 Million Contribution Towards International Solar Alliance

In presence of the Power Minister R K Singh, REC’s Director (Technical) S K Gupta and other senior officials from the two organizations, the REC Chairman and Managing Director P V Ramesh handed over the cheque to Interim Director General of ISA Upendra Tripathy. Rural Electrification Corporation, (REC) a state-run power sector financier has announced […]

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