IFC Invests $400Mn To Support Bajaj Finance Climate Fundraising Updated On Thu, Nov 7th, 2024 by Saurenergy The International Finance Corporation (IFC), the World Bank’s private sector focused entity that offers investment, advisory, and asset-management services recently partnered with NBFC Bajaj Finance Limited (BFL) to invest $400 million. This is part of a $1 billion fundraising initiative by BFL. BFL raised IFC’s $400 million loan to expand financing options for customers buying […] Read more
APTEL Order Adds Clarity On Treating Open Access Demand By Grid Operators Updated On Thu, Nov 7th, 2024 by Saurenergy In an order last week that will add a dash of clarity on how discoms treat demand from open access customers, the APTEL bench has ruled to set aside an order from MSEDCL where it had denied the open access quantum to a group of customers of Sai Wardha Power Generation Limited. MSEDCL had lost […] Read more
Vajram Electric Mobility Appoints Chandra Mouli As Its New CEO Updated On Wed, Nov 6th, 2024 by Saurenergy Vajram Electric Mobility Ltd, a company in the electric vehicle (EV) sector today announced the appointment of Chandra Mouli as its new Chief Executive Officer (CEO), effective with immediate effect. Chandra Mouli’s appointment comes at a pivotal time for Vajram Electric, as the company sets its sights on expanding its growth. With the new leadership, […] Read more
TCMS Engineer Updated On Wed, Nov 6th, 2024 by Saurenergy In this role, you will have the opportunity to act as a design authority for an engineering discipline with low to medium complexity. Each day, you will complete assignments on small projects or portions of larger projects in a cost-effective manner. You will also showcase your expertise by applying basic design thinking/design for excellence concepts […] Read more
Senior R&D Engineer (Control & Optimization) Updated On Wed, Nov 6th, 2024 by Saurenergy Responsibilities:- Identifying, evaluating and executing research and development plans for advanced process control and process optimization solutions portfolio within PI Digital Business line for global process industries customers Working directly on development tasks; providing technical leadership, coordinating with other resources and creating high quality products within the defined schedules and budgets Working with product portfolio […] Read more
Can India See Large Wind Turbines Beyond 6 MW? Updated On Wed, Nov 6th, 2024 by Saurenergy The upper ceiling of large wind turbines in India is on the rise. Irrespective of the deployment of the same in capacities upto 8 MW to 10 MW in foreign countries like China, India’s tryst with these large structures is limited by costs for now. Going by the government numbers, there are more than eight […] Read more
KPI Green Q2 Results- Revenues Up 67% YoY, PAT Up 99% Updated On Wed, Nov 6th, 2024 by Saurenergy Gujarat based KPI Green Energy, part of the KP Group with interests across the energy chain, has declared results for the September quarter , Q2 FY25. As expected revenues are up sharply over the corresponding quarter last year for the EPC firm, at Rs 361 crores versus Rs 216 crores last year. Thanks to the […] Read more
IEX October Power Market Updates- Soft Demand Leads to Lower Prices Updated On Wed, Nov 6th, 2024 by Saurenergy Indian Energy Exchange, India’s premier electricity exchange, achieved electricity traded volume of 9,642 MU in October’24, marking a 4% year on year increase. During the month, IEX traded 4.44 lakh renewable energy certificates recording a 105% year on year increase. According to government data published in October 2024, the country’s energy consumption reached 140.4 BUs, […] Read more
Inox Wind Q2 Earnings Call: Five Takeaways Updated On Wed, Nov 6th, 2024 by Saurenergy Wind turbine manufacturing company Inox Wind after delivering optimistic Q2 results discussed several issues related to its earnings and futuristic plans besides the challenges in the sector. Following are some of the key takeaways from the discussions with the management of the firm in the latest Q2 earnings call with the investors. Buoyed by net-cash […] Read more
