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investment

ReNew Signs MoU with RackBank to Power India’s First Hyper-scale Data Center

Gurgaon-headquartered renewable energy company, ReNew Power today announced the signing of a Memorandum of Understanding (MoU) with RackBank Datacenters Limited (RackBank) to provide power through 100% renewable energy. RackBank is a data center platform providing data center services including but not limited to dedicated servers, managed servers, and colocation services. ReNew will supply power generated […]

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Kajaria To Invest Rs. 264 Lakhs For Captive Solar Power Consumption

India’s ceramic wall and floor tile manufacturing company, Kajaria Ceramics Ltd. has announced to invest Rs. 264 Lakhs in an SPV for solar power captive consumption. In a meeting today, the Board of Directors (BoD) of Kajaria Ceramics Ltd. have approved investing up to Rs. 264 Lakhs in an SPV (Special Purpose Vehicle) for solar […]

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Corporates Almost Match Utilities As Solar Installs Hit New High In the US

A report by the American Clean Power Association (ACPA) highlights the key role played by corporate demand in solar power, with the 2020 numbers as reference. Residential rooftop continues to provide a strong support to the market on the back of state subsidies. In 2020, the amount of solar installed in the US was 4000% […]

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Omega Seiki To Invest Rs. 100 Crore for EV Manufacturing Unit in UP

A member of the Anglian Omega Group, Omega Seiki Mobility (OSM), has signed a Memorandum of Understanding (MoU) with Youth Rural Entrepreneur Foundation (YREF) to set up an electric vehicle (EV) manufacturing facility in Ghazipur, Uttar Pradesh. The Indian OEM has also announced to invest Rs 100 crore for the EV manufacturing unit in the […]

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JSW Energy Partners with Australian Firm To Develop Green Hydrogen Projects

JSW Energy’s wholly-owned subsidiary, JSW Future Energy Ltd. has partnered with an Australian firm Fortescue Future Industries (FFI), to explore opportunities to develop green hydrogen projects in India. Under the agreement, FFI and JSW Energy will collaborate and work on potential projects for the production of green hydrogen and explore opportunities to utilize it for […]

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Key Policy Challenges To a Thriving C&I Market for Solar In India

The Solar Energy sector has emerged as a potential green technology to address climate change issues by reducing dependence on conventional fossil fuel-based energy. India has a target to install 100 GW of solar energy capacity with a commitment to increase the renewable sources-based energy capacity to 175 GW by 2022. Under this, 40 GW […]

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OMERS Infrastructure to Pay $219 M for 19.4% Stake in Azure Power

Canada-based OMERS Infrastructure recently announced that it has signed a Stock Purchase Agreement to acquire from International Finance Corporation and IFC GIF Investment Company I an approximately 19.4% stake in Azure Power Global Limited, for a total consideration of approximately US$219 million. Founded in 2008, Azure Power is a leading independent renewable power producer located […]

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Senior Engineer – Procurement

Candidate should familiar with Substation and Transmission Line materials Candidate should have handled Transformers, Cables, GIS, CRP/SCADA etc. Candidate should have the vendor base for Transmission Line Business Good in oral and written communication SAP MM Module Hands on experience MS office Hands on experience Problem solving and exposure to materials costing Floating enquiries, preparation […]

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Technician/ Modeller MEP(Aecosim)

Responsibilities – will include, but not be limited to:- Primarily working on Bentley AECOsim/ Open buildings undertake drawing/modelling of MEP services. Proficient in creating multiple families in AECOSIM library and modelling cable tray using Bentley Raceway and Cable Management V8i (BRCM). Producing high quality and complex 3D models and drawings using Bentley AECO sim which […]

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