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Mercedes to Invest on Large Scale in Electric Vehicle Plants

German automotive giant Mercedes has said that it is setting sights on investing billions of dollars towards the modernisation of its electric vehicle plants in China, Germany and Hungary. In order to cut emissions, the automaker will be shifting to electric vehicles. The European Union will be looking to cut down CO2 emissions per passenger […]

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Manager – Commercial & Industrial Sales (Secure power)

Responsibilities:- Leverage resources within National Sales & Central Team Organization to convert opportunities Draw a business plan to work closely with the Pipes ( ED , IAD , Contractor & Panel Builder , OEM & Industrial SI ) to gain market share in Non IT Segments in the assigned territory Work with Top accounts as […]

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MERC Rejects Textile Firm’s Plea for CUF Waiver, PPA Amendment

MERC (Maharashtra State Regulatory Commission) has quashed a petition filed by Sarla Performance Fibers Ltd. (SPFL) looking for removal of a penalty of Rs.1,14,00,000 (for FY 2019-2020 and 2020-2021) on it on a Power Purchase Agreement (PPA) on a wind power project with the state electric power distribution company MSEDCL. The firm was also hoping […]

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Mercedes-Benz Energy & Lohum Partner for 50 MWh of Second Use Li-ion Battery Modules

Mercedes-Benz Energy and Lohum have entered into a strategic partnership for second-life batteries. The agreement is a multi-year supply contract agreement, under which Mercedes-Benz Energy and Lohum have committed to a minimum offtake schedule of 50 MWh per annum across multiple second life module variants. Lohum is Mercedes-Benz Energy’s first partner in Asia. The agreement […]

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Government Plans to Resume Providing Commercial EV Permits Without Any Cost

The policy of giving free commercial EV permits will be reinstated by the government two years after it was done away with. Over the previous two years, the Center had abandoned the practice to promote the use of green automobiles. However, it has now decided to go back to the previous procedure for granting such […]

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Commercial Advisor – Gas JV

This role reports into the Chief Commercial Officer (CCO) – IGS and will be seconded into IGS. This role is accountable for: marketing of gas procured by IGS to various customers leading the customer relationship and developing in-depth understanding of the customer needs developing innovative solutions for portfolio optimization developing options for sourcing of domestic […]

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Sr.Engineer – Purchase (Standard electrical commercial parts)

Key responsibilities:- Drive supplier sourcing activities for the sub-category (assessments, selection, resourcing, RFQs, effective sourcing analysis …) Act as a Vendor Account Owner for the scope: of negotiation, and business review, … Own execution of supplier panel transformation initiatives: resourcing, consolidation, risk mitigation Develop a pipeline of cost reduction initiatives and opportunities across all Sourcing […]

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MERC Directs MSEDCL to Pay Late Payment Surcharge to Wind Generator

In an order that highlighted both the dire straights of MSEDCL and it’s impact on payments to generators, the Maharashtra Electricity Regulatory Commission (MERC) has ordered the state discom MSEDCL to pay late payment charges on its outstandings to a wind power generator TCIL. The discom, in its response to the petitioner had tried to […]

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