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World Bank

Public and NBFCs commits investment of Rs 3.82 lakh crore for 76,352 MW Capacity – Piyush Goyal

The indigenous renewable sectors have turned heads recently. With active participation from investors and integrators, India seems to lorry its promising solar mission. At the ongoing budget session of Parliament, New and Renewable Energy Minister Piyush Goyal elatedly states that public as well as private banks and non-banking finance companies (NBFCs) have committed for financing […]

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Dreams of Solar Power Park in Himachal Pradesh

State Govt. of Himachal Pradesh plan to establish a 1,000-MW solar park in the Spiti Valley is facing perennial hassles. Given the intense terrain of Spiti, the state government is looking for assistance from all corners for transmitting power produced at the solar park. The project has sought for the support of Power Grid Corp. […]

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IFC, MP Govt to Build the Largest Single-site Power Project in Rewa

A member of the World Bank Group share intends to partner with Madhya Pradesh government for a massive solar project. IFC and state govt. aims to setup the largest single-site power project of 750-Mw in Rewa. IFC will put its expertise to structure and propose the transaction through private investments of about $750 million. “Successful […]

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$1.5 Billion International Aid for India’s Rooftop Solar Projects

To uplift India’s rooftop solar initiative, the World Bank, Asian Development Bank and the New Development Bank formed by the BRICS Nations are opening loans for the Ministry of New and Renewable Energy. Upendra Tripathy, secretary at the MNRE said, “We are getting $500 million (Rs. 3,345 crore) from each of them to fund rooftop […]

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JBM Ecolife Mobility Bags Rs. 1,800 Cr E-Bus Order From Ahmedabad

Haryana-based JBM Ecolife Mobility Private Limited, a JBM Auto Limited subsidiary, has announced a contract as a bus operator for the Procurement, Operation, and Maintenance of 343 Electric Buses for Ahmedabad BRTS, Ahmedabad Municipal Transport Service (AMTS) under Gross Cost Contracting (GCC). The order value is approximately Rs. 1,800 crore. JBM Auto is expected to […]

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Indian Renewable Energy Lending Up By 60%, Says CFA Report

The latest report from the Centre for Financial Accountability (CFA) said that lending for renewable energy projects in India has increased. CFA released its seventh annual Coal Versus Renewables Investment report today, shedding the light on the issue. The report, which traditionally looked at project finance lending to coal, solar, and wind, increased its scope […]

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Team Lead – ECMS- Traditional & Hybrid Renewable Power Generation

You will be responsible for complete Project Life Cycle i.e. starting from inputs analysis, Design & Engineering, Testing & Factory Acceptance Test (FAT) followed by commissioning as per requirement. Project Engineering:- Collection and review of project inputs from the Front Office or from the customer site through e-mail, kick off meeting, site survey Leading and […]

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Territory Sales Manager

The position is for handling Equipment Financing business for Mid-Market customers in Chennai and spoke’s location. The candidate to have minimum 4-5 years’ experience in similar Line or an exposure in Business Banking Group of Banking sector / Equipment financing experience from SFSPL Competitors or Leasing companies. The person should have good knowledge about customers […]

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GUEST COLUMN: Understanding Ground-Mount Solar Systems

By-Shreyas Gowda A ground-mount project is a solar system installed on land rather than a rooftop, such as a concrete floor or a metal sheet. It comprises an array of photovoltaic modules supported by a module mounting structure (MMS). The panels convert sunlight into direct current (DC), the current is transferred to the inverter through […]

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