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IREDA To Raise Rs 4,500 Crore Via QIP

IREDA (Indian Renewable Energy Development Agency), recently received approval to raise Rs 4,500 Crore Fundraise Via qualified institutional placement (QIP). The public limited government company in principle received approval from the Board of Directors of IREDA to raise funds in one or more tranches. The Department of Investment and Public Asset Management (DIPAM), conveyed the […]

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Disponent – Prompt Response Team

1st level troubleshooting of locomotive technical / operation issues in coordination with Helpline, maintenance planning & operations. Prompt mobilization (within 01 Hr.) after incident reporting for rectification of issues at field location coordinated with operations. Coordination with operations for obtaining PTW. Onsite support to Loco Pilots for prompt resolution of technical issue during locomotive operation. […]

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Green Stocks Sep 18: Weather Another Volatile Market Session

On a day when the only news the stock market are waiting for is the US fed move on interest rates, our green pack reflected the market movements, more or less. Of course, what’s a day without a stock hitting the upper circuit? It was Waaree RTL yet again doing the needful for the third […]

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MNRE Wants Discoms To Make Rooftop Solar Payments Online

In order to further streamline the implementation of the PM Surya Ghar scheme, the Ministry of New and Renewable Energy (MNRE) has urged the states to alter the functioning of discoms. Discoms are the key offices which regulate the rooftop solar affairs in their jurisdiction. In a latest communication of the MNRE to the states, […]

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RE Project Delays Can Halt Global 2030 Targets: IEA

Globally, the recent shift in solar PV and wind demand highlights the urgent need for timely integration of these technologies. Such integration is crucial for achieving global decarbonization goals and can significantly contribute to meeting growing electricity demands by 2030. The International Energy Agency (IEA), in its recent report titled “Integrating Solar and Wind: Global […]

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Sep 18 Int’l Briefs- Ib Vogt, USTR Section 301 Tariffs, Al Ajban Project

ib vogt and NextEnergy Capital agree on 110 MWp Solar Project acquisition for their NextPower V ESG fund International solar developer ib vogt and NextPower V ESG have successfully agreed on a deal for the sale and purchase of a 110 MWp solar photovoltaic project,  respectively. The project, located in Segovia, Spain, is to be […]

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Jindal India RE Targets BESS Market With 5 GWh Capacity

Jindal India Renewable Energy, a part of the BC Jindal Group, announced its foray into the Battery Energy Storage Systems (BESS). The company plans to build 1 GWh battery pack assembly line with LFP chemistry by 2025 and will foray into battery cell manufacturing with 5 GWh capacity by 2027. To achieve this, the company […]

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Torrent Power Wins 1,500 MW/12,000 Energy Storage Bid From MSEDCL

Torrent Power Limited recently secured a 1,500 MW pumped hydro storage project from the Maharashtra State Electricity Distribution Co. Limited (MSEDCL). Under this mutually agreement provisions, Torrent Power will procure 1,500 MW/12,000 MWh of energy storage capacity from the pumped hydro storage (PSP) project. MSEDCL will provide a detailed Letter of Award (LOI) after obtaining […]

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IGREL Renewables Raises Rs 300cr Equity Capital From Marquee Investors

INOXGFL Group, one of India’s business groups operating in the renewable sector announced that its privately held renewable power generation platform, IGREL Renewables Ltd., has raised Rs 300 crore equity capital, eventually resulting into a single digit dilution. The capital raise witnessed participation by marquee investors, including Akash Bhansali, Rohit Kothari, and Madhusudan Kela, through […]

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