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BUDGET: FM Announces Support For RTS, Offshore Wind and EV Manufacturing

Union Finance Minister Nirmala Sitharaman announced the Union Budget 2024 today. Speaking in Lok Sabha, the finance minister discussed the recently announced Pradhan Mantri (PM) Suryodaya Scheme. On January 22, PM Narendra Modi announced the connection of one crore households with rooftop solar. In her budget speech, the finance minister talked about the savings of […]

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GUVNL Invites Bids For Power Procurement From Khavda Solar Park

Gujarat Urja Vikas Nigam Limited (GUVNL) has invited bids for the procurement of renewable power through a competitive bidding process (followed by an e-reverse auction) from its 1,125 MW grid-connected solar photovoltaic power projects to be set up in Gujarat State Electricity Corporation Limited (GSECL) renewable energy (RE) Park at Khavda (GSECL Stage-3). The project […]

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BUDGET: EV Sector Pins Hopes On FAME-3, Tax Revisions

With the expected culmination of the FAME-II scheme, Electric Vehicle (EV) manufacturers, battery makers and charging infrastructure developers have pinned hopes on the Union Budget 2024. The most awaited decision is on the likely announcement of the rollout of FAME-III with revised norms. The grapevine had it that the budget could turn the focus on […]

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BUDGET: Solar Industry Wants Funds For RTS, Lower GST On Equipment

As Union Finance Minister Nirmala Sitharaman is all set to announce the Union Budget today in Lok Sabha, the solar industry is anticipating several announcements for the sector. Several industry experts anticipate announcements that could support the industry. However, most of the solar industry experts who spoke on the issue talked about reduced taxes for […]

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Servotech Bags 120 Cr Order Of 1800 DC Fast EV Chargers From BPCL

Servotech Power Systems, an EV Charger manufacturer in India, bagged an order for 1800 DC Fast EV chargers from Bharat Petroleum Corporation Limited (BPCL). The project, valued at 120 crores, is expected to involve Servotech manufacturing, supplying, installing, and deploying these 1800 EV chargers across the nation. It particularly included Bharat Petroleum Corporation Limited (BPCL) […]

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Karnataka Proposes Peer-To-Peer Energy Trading, Issues Draft Norms

A latest draft notification released by the Karnataka Energy Regulatory Commission (KERC) proposed Peer-to-Peer (P2P) system for energy transaction, through block chain-based platform between consumers and the discoms. The notification stated, “The regulation is applicable to all the distribution licensees and eligible consumers of the state of Karnataka.” It defined blockchain as, “A digitally distributed […]

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TagEnergy, Vestas Join Forces To Develop 220-MW Spanish Wind Portfolio

Global clean energy enterprise TagEnergy and wind energy major Vestas have come together to develop 220-MW wind portfolio in Spain. The joint venture will see Vestas acting as lead developer and TagEnergy will draw on its experience developing wind farms to determine and shape the most cost-efficient model. The new wind energy project will come […]

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NTPC Green, Maharashtra Govt Collaborate To Develop 5 GW RE Projects

NTPC Green Energy Limited (NGEL) recently announced the development of Green Hydrogen project and its derivatives (Green Ammonia, Green Methanol) with the Maharashtra government. The project is expected to generate up to 1 million ton capacity per annum. Some other projects that have been planned to develop include Pump Hydro Projects (PHP) of 2 GW […]

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Analyst- Commercial Operations

This position as Analyst Commercial Operations is supporting First Solar Commercial Operations in India region in closing sales contracts by supporting closing of PV module supply agreements as well framework agreements. Supporting or taking the responsibility in contract negotiations with customer particularly in respect of terms and conditions, contract creation and contract execution as well as collaboration […]

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