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With 90% Growth In PAT In Q1 FY23, Tata Power Rides 48% Jump In Revenues

One of India’s largest integrated power companies, Tata Power has today announced its results for Q1FY23 reporting a 90% YoY increase in consolidated quarterly PAT as compared to Q1FY22, registering its 11th consecutive year-on-year quarterly growth in PAT. Quarterly Highlights – Q1FY23 Tata Power’s consolidated PAT before Exceptional Items is up by 90% at ₹884 crore […]

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APTEL Relief For Avaada From Transmission Charges Till Final decision From CERC

In an interesting order, the Appellate Tribunal For Electricity (APTEL) has chosen to provide Avaada Energy relief from charges being claimed from transmission utilities for a project where it has been using Medium Term Open Access, instead of Long Term Open Access as mandated. The Issue Avaada had made both CERC (Central Electricity Regulatory Commission) […]

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Azure Power Becomes First Indian RE Company To Get SA8000

Azure Power has become the first renewable energy company in India to win the award of SA8000:2014. It is a leading sustainable energy solutions provider and renewable power producer in India. SA8000 is the world’s leading social certification programme for factories and organizations across the globe. This is an auditable standard that requires organizations to […]

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Biocon, Hindalco Declare Investments In Renewable Energy

The investments in the renewable energy sector by the corporate sector continue to pick up pace on the back of lower energy costs from renewables and ESG led actions. Biocon – a biotechnology major – has announced that it has acquired 26 per cent stake in AMPYR Renewable Energy Resources Eleven Private Ltd for Rs […]

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Consultant – Market Operations

As a Consultant – Market Operations, you’ll report to Head of Operations and following tasks would be a part of your job profile: Daily operational activities such as bidding on power exchanges, generation schedule optimization, scheduling of bilateral transactions at the SLDC and SLDC, scheduling in Real Time market. Co-ordination with clients and resolution of customer […]

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HPCL Tender For Feasibility Study Of 100-150 MW Wind-Solar Hybrid BESS

Hindustan Petroleum Corporation has invited bids from consultants to conduct a feasibility study for development of a 100-150 MW hybrid battery energy storage system on vacant land at Anantapuram Solar Park for captive use in Andhra Pradesh. HPCL had floated a similar tender in July 2022 for selection of a project management consultant to supervise […]

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Senior Manager/Manager – Market Operations

As Senior Manager/Manager – Market Operations, you’ll report to Head of Operations and following tasks would be a part of your job profile: Manage round the clock Operations team and overall market operations activities for Power exchange & Bilateral Trading. Co-ordination with State utilities, SLDC’s, RPC’s and RLDC’s for corridor booking, open access approvals and energy settlement. Support […]

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Airports To Become Carbon Neutral By December 2024

The government is aiming to make Most Indian airports carbon neutral by December 2024 and achieve Net Zero emissions by 2030. Rubina Ali, joint secretary, Ministry of Civil Aviation, recently wrote to the CEOs of the private airports and the Airports Authority of India (AAI) to submit a plan to achieve net zero. Her letter […]

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