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NLC India gives up on plans to set up project plans in Rajasthan

NLC India Ltd. has cast aside its plans to set up solar projects in Rajasthan as the state’s power distribution companies have turn down to purchase the power generated at the rate NLC had estimated. NLC, earlier called Neyveli Lignite Corporation, had in January invited global tenders to set up four blocks of solar projects […]

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India’s Rooftop Solar Capacity Crossed 14 GW, Guj Remains Leader

India’s rooftop solar capacity has touched 14.44 GW by the end of October 2024. The latest data from the Ministry of New and Renewable Energy (MNRE) indicate the growth of the sector. This comes after MNRE’s flagship scheme-PM Surya Ghar was launched, earlier this year. The new scheme aims at boosting the growth of residential […]

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GPES Strengthens Board With Key Leadership Inductions

GP Eco Solutions, the Noida-based solar and storage solutions firm that listed on the SME Exchange earlier this year, has moved to strengthen its board with the induction of three industry stalwarts in the form of KS Popli, AK Jain and UN Tripathi. Popli retired as Chairman and Managing Director at IREDA in 2019, after […]

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SECI’s Plea For Extra Trading Margin In BESS Deal Fails To Cut Ice With CERC

In an interesting take on what constitutes fair margins, the Central Electricity Regulatory Commission (CERC) considered a plea by SECI on an additional margin of Rs. 0.07/kWh for facilitating the sale/ purchase, scheduling, accounting, charging, and discharging of BESS for Grid Ancillary Services (150 MW) portion through IDAM/ RTM/TAM/Bilateral mode on behalf of the National […]

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KPI Green Plans To Go Global After Its Beyond-Gujarat Success

Gujarat-based renewable energy company KPI Green Energy has now hinted at its likely plan to go international. However, it has refrained from shedding more light on its plan, citing ongoing talks on the matter. The top management of the firm, buoyed by its increased penetration in states beyond Gujarat said told its investors in a […]

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ACME Sun Power Secures Rs.3,753 Crore Loan From REC For FDRE Projects

ACME Solar Holdings’ subsidiary, ACME Sun Power Private Limited, has secured a Rs. 3,753 crore term loan from REC Limited. This financing is extended to support the development and construction of a 320 MW Firm and Dispatchable Renewable Energy (FDRE) project in collaboration with SJVN. The Gurugram-based company’s recent project are planned to be located […]

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NLC India Plans To Go For IPO For Its Renewable Arm In FY26

Power Generation PSU NLC India Limited (NLCIL) is gearing up to launch the Initial Public Offering (IPO) of its green energy arm in the next financial year. In its latest investor call, the top management revealed that the company plans to proceed with the IPO of its renewable energy division within a specific time period. […]

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Chief Manager- Contracts

We are seeking an experienced Contract and Commercial Manager to join our team at Serentica, a leading renewable power developer. The successful candidate will have a strong background in contracts and commercial management, with expertise in wind contracting, strategic commercial planning, and contract negotiation. Responsibilities:- The role will be responsible for managing the contract lifecycle, […]

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