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Lower CUF: MERC Declines ACME’s Plea For Penalty Exemption

The Maharashtra Electricity Regulatory Commission (MERC), in its latest judgment, declined to grant ACME any relief for its shortfall in meeting the committed Capacity Utilisation Factor (CUF) from its 300 MW solar project at Bhadla in Rajasthan. ACME had signed a Power Purchase Agreement (PPA) with the Maharashtra State Electricity Distribution Co Ltd (MSEDCL) to […]

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MERC Offers Compensation To SJVNL On Delayed Payment From MSEDCL

Maharashtra Electricity Regulatory Commission (MERC) released an order in response to a petition filed by SJVNL, seeking payment of outstanding dues from its wind energy projects in Maharashtra. SJVNL also urged the state power regulator to penalise MSEDCL for their alleged delay in payments. The State Commisson, after hearing the arguments of the petitioner and […]

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Commercial Project Manager

Organizational Project Set-Up:- Active Customer Relationship Management Checking that the overall project’s contractual structure has been correctly created in the respective commercial tools Set-up of the cross-company controlling and reporting system Determination of the cross-company exchange of balance-sheet information Cross-Company coordination:- Assurance of the correctness, consistency and transparency of the overall project’s financial status Coordination […]

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Buyer – Techno Commercial (Solar)

RESPONSIBILITIES:- Market Analysis for Procurement of Services & Goods Interaction with Engineering, Production and other departments. Preparation of internal documents for approval. Approval of billing break-up. Knowledge of Conditions of Contract. Manage the procurement activities for large size capex for different project Dealing with bank guarantees and advance payments. Database of Vendors for all types […]

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GIB Row: MERC Allows Compensation To Azure Power Subsidiary

The Maharashtra Electricity Regulatory Commission (MERC) in its latest order ordered compensation to a subsidiary of Azure Power in the light of judgement of the Supreme Court on the issue of Great Indian Bustards (GIB). This comes after the Azure Power Thirty Four Private Limited (APTFPL) moved the State Commission, seeking compensation. The petitioner had […]

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e-Zinc Secures USD $31M in Series A2 Funding to Advance Commercialization

e-Zinc, the Toronto-based company enabling sustainable, long-duration energy storage with its zinc-air battery, has announced it has raised an additional USD $31 million in follow-on funding to its $25 million Series A round. This oversubscribed Series A2 round was led by Evok Innovations, with additional investments from Mitsubishi Heavy Industries, Export Development Canada (EDC), and Ultratech Capital Partners. e-Zinc’s […]

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Assistant Commercial Manager

Purpose:- Manage complete commercial process associated with global Integrity Management & Digital Solutions (IMDS) business. Provide leadership to commercial team and support project delivery & operations teams. Manage all the processes and procedures that support the Commercial Management of the business. Duties & Responsibilities:- Functions:- ESSENTIAL:- Promote the company; support the development of Business Unit […]

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Customer Use Case By Growatt For Maximising Profits in Commercial Solar Projects

In today’s competitive solar energy landscape, optimizing the performance of your commercial solar project is essential for maximizing profits. One of the key components that can significantly impact profitability is the inverter. Both manufacturers and investors are exploring strategies to leverage inverters to enhance solar project’s earnings. A prime example of a company successfully leveraging […]

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Delhi Gets First Commercial Utility-Scale BESS Project After DERC Approval, Backed By GEAPP

In a significant step, the Delhi Electricity Regulatory Commission (DERC) has granted regulatory approval of India’s first commercial standalone Battery Energy Storage System (BESS) project. This groundbreaking initiative is supported by The Global Energy Alliance for People and Planet (GEAPP’s) concessional loan amounting to 70% of the total project cost and is in partnership with IndiGrid and BSES Rajdhani […]

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