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REC

Director(Marketing)

I.  COMPANY PROFILE:- Bharat Petroleum Corporation Limited (BPCL) came into existence in 1976, by virtue of Burmah- Shell (Acquisition of Undertaking in India) Act, 1976 when the right, title and interest of Burmah- Shell Oil Storage & Distribution Company of India Ltd. was taken over by Government of India. Its main objective is to undertake […]

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MoP Notifies Rules for Timely Recovery of Costs due to ‘Change in Law’

The Ministry of Power (MoP) has notified a new rule for the sustainability of the electricity sector and promotion of clean energy to meet the India’s commitment towards climate change, states a press release. MoP said that investors and other stakeholders in the power sector were concerned about the timely recovery of the cost due […]

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REC Raises 5 Year Loan Of $75 million From SMBC

In a first for any NBFC in India, REC Limited has successfully raised a USD 75 million, 5-year Secured Overnight Financing Rate (“SOFR”) linked Syndicated Term Loan on October 7, 2021, with Sumitomo Mitsui Banking Corporation (SMBC), Singapore Branch appointed as the sole Mandated Lead Arranger and Bookrunner. Along with the loan, REC has also […]

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Financial Analyst – Accounts Receivables

This is a Financial Analyst – Accounts Receivables (AR) role, reporting to the Finance Team Lead – AR in Global Business Services (GBS) located in Bangalore. In this role you will be responsible for Providing defined services to the internal customers with best quality in most efficient way. Responsibilities:- Research and provide fundamental analysis and […]

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MYSUN Receives 140 MW Solar Order from UPPTCL

Rooftop solar firm MYSUN has bagged 140-megawatt (MW) open-access solar power projects from the Uttar Pradesh Power Transmission Corp Ltd (UPPTCL), according to a company statement. “MYSUN, has been allocated 140-MW solar projects under the captive/open access mode by the Uttar Pradesh Power Transmission Corporation Ltd (UPPTCL),” the company said in a statement. The allocation […]

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Reliance Acquires REC Group in $771 Million Buy Out

In a stock exchange filing today, Reliance Industries Limited (RIL) today acquired Norway-headquartered solar module maker REC Solar Holdings (REC Group) for an enterprise value of US$ 771 million (around Rs 5,800 crore) from China National Bluestar. The acquisition was done through its fully owned subsidiary, Reliance New Energy Solar Limited. “Reliance New Energy Solar […]

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REI 2021 | Conversation with Shravil Aggarwal, Director at Floatex Solar Pvt. Ltd.

Floatex Solar, the partnership between Prabh Dayal Om Parkash Group (PDOP) and Purshottam Profiles Pvt. LTD, to manufacture and develop Floating Solar has met with some early and promising success in India. The firm has been involved as the EPC contractor on some of the earliest, and biggest floating solar projects in India. With the […]

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Rooftop Solar Sets New Gen Record on Australian Grid Amid RE Boom

With generation capacity peaking at 9,104 MW at midday on October 6, 2021, and contributing to more than one-third of the total generation mix on the National Energy Market, rooftop solar has established yet another record in Australia. At midday on Wednesday rooftop solar was supplying 34.6% of the total generation mix on the NEM, […]

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Director (Operations)

I.   COMPANY PROFILE:- Power Grid Corporation of India Limited (POWERGRID) was incorporated under the India Companies Act. 1956 with the mission of “Establishment and Operation of Regional and National Power Grids to facilitate transfer of electric power within and across the regions with reliability, security and economy on sound commercial principles”. POWERGRID is a Maharatna […]

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