SUBSCRIBE NEWS LETTER

india

Accountant

Analyze financial information Prepare financial reports to determine Maintain record of assets, liabilities, profit and loss, tax liability, or other financial activities within organization. Responsibilities and Duties:- Examining bank statements and reconciling them with general ledger entries. Examining expenses submitted by employees. Creating company financial reports with the above information included. Analyzing data collected in […]

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Power Grid Raises Rs 2736 Crore Through its PGInvIT

Power Grid has received Rs 2,736.02 crore through the sale of 27.41 crore units in the PGInvIT OFS which was created to monetise its assets. The Power Grid Corporation of India (PGCIL) has announced that it has received Rs 2,736.02 crore through the sale of 27.41 crore units in the PowerGrid Infrastructure Investment Trust (PGInvIT) offer […]

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Power Consumption up Nearly 20 Percent in May

Power consumption in the country grew by nearly 20 percent in the first fortnight of May to 51.67 BU over the same period last year. Power consumption in the country grew by nearly 20 percent in the first fortnight of May to 51.67 billion units (BU) over the same period last year, showing recovery in commercial and […]

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IEX Q4 FY21 Results: ‘Unprecedented Performance’; Rs 100 Cr Revenues

The Indian Energy Exchange (IEX) released its audited consolidated financial results for the fourth quarter ended March 31, 2021, today, announcing an “unprecedented performance” in the last fiscal year. The New Delhi-headquartered power trading exchange, which is regulated by Central Electricity Regulatory Commission (CERC), reported 37.3% YoY growth in electricity volumes in the last year. In […]

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Hyundai Motor Group to Invest $7.4 billion in U.S. EV industry by 2025

In a press release yesterday, Hyundai Motor Group (HMG), comprising Hyundai Motor Company and Kia Corporation, announced its plan to invest $7.4 billion in the U.S. by 2025 to produce future EVs, enhance production facilities and further its investments in smart mobility solutions. The group’s investment will enhance overall product competitiveness by prioritising future mobility technologies, […]

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TATA Power’s Q4 FY21 Results: Revenues Jump 50%

Mumbai-based electric utility company Tata Power Limited released its financial results for the fourth quarter of FY21 ended March 31, 2021, announcing a marginal rise of one per cent in consolidated net profit at Rs 481.21 crore (Rs 474.70 crore in the year-ago period), due to saving in finance cost offset by an exceptional gain […]

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Canadian Solar Partners with AI Energy Storage Optimisation Firm Habitat Energy

Canadian Solar has partnered with Habitat Energy, a market leader in power trading and asset optimisation services for battery storage assets Canadian Solar has announced that it has executed a strategic partnership and investment with Habitat Energy, a UK-based market leader in power trading and asset optimisation services for battery storage assets that uses artificial […]

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Another Deadline for OE Services Related to Solar & Storage Project in Chhattisgarh

The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for the selection of consultancy firms for Owners Engineer (OE) services for the 100 MW (AC) solar PV project (160 MWp DC capacity) along with 40 MW/120 MWh Battery Energy Storage System (BESS) at district Rajnandgaon, Chhattisgarh during the design, construction, commissioning and preparations […]

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Industry Welcomes Cabinet Approval for PLI Scheme for ACC Battery Storage

IESA and its member companies have welcomed the Cabinet’s approval of the PLI Scheme on Advanced Chemistry Cell (ACC) Battery Storage India Energy Storage Alliance (IESA), India’s leading alliance on energy storage & e-mobility and its member companies have welcomed the Cabinet’s approval on the proposal by the Department of Heavy Industry for implementation of […]

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