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PFC Incorporates 5 SPVs for Evacuating Renewable Energy

State-owned power sector lender Power Finance Corporation Ltd (PFC) has incorporated, via its arm PFC Consulting, five of the project-specific special purpose vehicle (SPV) companies. These SPVs will facilitate the evacuation of renewable energy from the states of Andhra Pradesh and Rajasthan. PFC said that “5 Special Purpose Vehicle (SPV) companies have been incorporated as wholly-owned subsidiaries […]

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EDF, Enbridge & wpd Begin Construction at 500 MW Offshore Wind Farm

EDF Renewables, Enbridge, and wpd have announced the launch of the 500 MW Fécamp offshore wind farm off the coast of northwest France. EDF Renewables, a subsidiary of the EDF Group, Enbridge, a leading energy infrastructure company in North America, and wpd, a European renewable energy company, have announced the launch of the 500 MW Fécamp offshore wind […]

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Risen Energy Reaffirmed as Leading Modules Supplier in India by BTI

Risen Energy has announced that it has been reaffirmed as the leading volume supplier of solar PV modules in India in 2019 by Bridge To India (BTI) Risen Energy has announced that it has been reaffirmed as the leading volume supplier of solar PV modules in India in 2019 by consultancy group Bridge To India […]

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NTPC Looking for CEO to Handle Distribution Business

NTPC Ltd has started scouting for a professional CEO to oversee its power distribution business where the company plans a big foray in the near future. The largest electricity generator in the country, NTPC Ltd has announced that it has started scouting for a professional CEO to oversee its power distribution business where the company plans a big foray […]

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China Plans UHV Grids, EV Chargers to aid Economic Recovery: GlobalData

In order to tackle the economic impact caused by COVID-19, China decided to invest in new infrastructure projects to accelerate economic recovery. In order to tackle the economic impact caused by COVID-19, China decided to invest in new infrastructure projects to accelerate economic recovery. The country identified seven priority areas of which ultra-high voltage (UHV) […]

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Five of the World’s Largest Offshore Wind Energy Farms

A list of five of the world’s largest offshore wind energy farms which are currently in operation, and a few upcoming projects that can disrupt these rankings. Offshore Wind Energy is a technology that just a decade ago was struggling to establish long term viability, even as Onshore wind energy was making giant strides.  There […]

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Ravinder Singh Dhillon Assumes Charge as Chairman & MD, PFC

State-run Power Finance Corporation (PFC) on Monday announced the appointment of Ravinder Singh Dhillon as Chairman and Managing Director (CMD) on the board of PFC effective from June 1, 2020. R.S. Dhillon has been appointed following the superannuation of Rajiv Sharma as Chairman and Managing Director on the PFC’s Board with effect from May 31, […]

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Ajoy Choudhury Appointed as REC’s New Director Finance

State-owned power sector lender REC Ltd said that Ajoy Choudhury has been appointed as Director (Finance) on the company’s Board effective from today i.e. June 1, 2020. Prior to this, Choudhury was handling the post of Executive Director (Finance) REC Ltd. The state-owned lender notified through a regulatory filing that “Ajoy Choudhury… has been appointed as Director […]

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NTPC Provides Learning Opportunities for 19k Staff, Family during Lockdown

With an aim to further enriching employee skills, country’s largest energy conglomerate NTPC on Monday said that it has offered learning opportunities to its more than 19,000 employees and their family members amidst the lockdown period. According to state-owned power giant, NTPC Learning and Development (L&D) strategy has been customised for enriching employees via intensive […]

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