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Hero Future Energies Signs MoUs for INR 6200 Cr to Develop Future RE Projects

Hero Future Energies has signed two Memorandums of Understanding (MoUs) with REC Limited and PFC Limited for infusion of INR 31100 crores each in HFE over the next five years. The MoUs, were signed on the sidelines of 4th G20 Energy Transition Working Group (ETWG) meetings at Goa. A sum of Rs 6200 crores, gained […]

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As MoUs Worth Lakhs OF Crores Are Announced By PFC, REC, Hopes Rise

The Central government’s power project financing arms, PFC and its subsidiary REC, have made a slew of green funding announcements recently. In total, the NBFCs Power Finance Corporation Ltd (PFC) and REC Ltd have signed agreements worth ₹5 lakh to fund projects of major green energy firms. While the PFC signed pacts worth ₹2.37 lakh […]

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India Power Senior Engineer

The role will be focused on delivering services in the renewable energy sector as either Owner’s Engineer or Independent Engineer which may include: feasibility studies, project design, project development services, technical due diligence, construction monitoring, acceptance testing, performance and operational services, as well as involvement in winning and delivering new projects across the globe. Responsibilities may include:- […]

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Avaada Group in MoU with REC for INR 20,000 Funding  

On the sidelines of the fourth meeting of the G20 Energy Transition Working Group (ETWG), Avaada Group, has announced a partnership with the Rural Electrification Corporation (REC), concretized through a Memorandum of Understanding (MoU). This agreement ushers in support for Avaada’s energy transition ventures, with the total investment reaching INR 20,000 crores over the next five […]

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Olectra Greentech Awards INR 395.12 Cr Contract to Megha Engineering & Infrastructures Ltd

Hyderabad-based manufacturer of electric buses, Olectra Greentech has awarded a contract for the construction of the greenfield electric vehicle manufacturing facility on 150 acres of the land situated at Seetharampur, Hyderabad, Telangana. The contract has been given to Megha Engineering & Infrastructures Limited (MEIL). MEIL is the ultimate holding company and a related party to […]

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NTPC Issues Tender for 1500 MW Of Solar-Wind Hybrid ISTS Projects

The National Thermal Power Corporation (NTPC) Limited has issued a tender seeking prospective renewable energy developers. As per the mandate of the tender document, the Indian power behemoth has sought bids from players who could develop solar-wind hybrid projects anywhere in the country. The document said that the renewable energy company needed to develop this […]

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Masdar Raises US$750 Million Green Bond

Abu Dhabi Future Energy Company PJSC – Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. Showing positive appetite from regional and international investors, the order book peaked at US$ 4.2 billion, i.e. oversubscription of 5.6x. Pricing tightened 35 bps between launch and final terms, […]

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