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renewable energy

Tata Power, AlJomaih Winners in RUMSL’s 500 MW Neemuch Solar Park Auction

RUMSL’s third 500 MW auction continued to attract ever lower bids, as TP Saurya (Tata Power), and Saudi firm AlJomaih Energy and Water Company, pocketed the Neemuch park bids. While Tata Power won two parcels of 170 MW and 160 MW at Rs 2.14 and 2.149 respectively, Aljomaih won the remaining 170 MW with a […]

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Joe Biden Sets About Correcting Trump Largesse For ICE Auto Firms

US President Joe Biden’s recent order aimed at making half of all new vehicles sold in the US in 2030 electric is expected to make a dent in the country’s consumption and emission levels, even though it’s a non-binding deal with the country’s biggest automakers. The administration has also proposed new vehicle emissions standards that […]

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IPO Time For India Solar Equipment Manufacturers In 2021

After a long wait, initial reports are finally coming out regarding plans by major Indian solar equipment manufacturers planning Initial Public Offers. We refer to a long wait simply  because the markets have been buoyant for a while now, and have duly been followed by an IPO wave the likes of which has rarely been […]

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CERC Rules With NTPC in Dispute Involving Solar Firm at Bhadla

In a petition filed by Solaire Surya Urja Private Limited, the Central Electricity Regulatory Commission (CERC) has ruled in favour of NTPC. At issue was a plea to condone delays in the commissioning of these (70×2) 140 MW solar projects or which NTPC had enforced liquidated damages of over Rs 7 crores. Filed under Section […]

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Tata Power Q1 Results Strong, Key Highlights

Tata Power announced its Q1 results on Friday. Consolidated net profit jumped nearly 74 per cent to ₹ 465.69 crore in the June 2021 quarter, as compared to ₹ 268.10 crore in the corresponding quarter of the last financial year. Total income during April-June 2021 increased to ₹10,145.89 crore, compared with ₹ 6,540.42 crore in […]

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Group Projects – Programme Management

Roles and Responsibilities:- Monitoring of projects using tools like Primavera or MS Projects for Cost & Time. Flagging of critical Issues for de-bottlenecking. Coordination with various internal departments for decision making. Management appraisal regarding exceptions. Qualifications:- Mandatory: BE Civil / Mechanical (Premier institutions). Sound knowledge of Project Panning Tools like MS Projects, Primavera, MS Excel, […]

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Finance Controller

1. Financial Closing of Books of Accounts and Audit there of:- Compliance of Indian Accounting Standard and GAAP. Timely closure of Accounts as per schedule. Resolution of issues with Statutory Auditors and ensure no adverse remarks in Audit Report etc. 2. Accounts Receivable Management & payable management:- Ensuring no revenue leakage with proper monitoring and […]

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Enel, Fincantieri Will Develop Green H2’s Use in Ports, Sea Transport

Enel Green Power Italia, a subsidiary of Europe’s biggest utility Enel, and Fincantieri, an Italian shipbuilder, have signed a Memorandum of Understanding (MoU) to develop an integrated solution for the production, supply, management and use of green hydrogen for port areas and long-range maritime transport. “The signing of this agreement,” commented Carlo Zorzoli, Head of Business […]

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These 5 Firms Moved To Solar in 2021. How Many Will Follow?

Indian corporates across energy-intensive sectors are increasingly adopting solar for captive use, the latter comprising a solar power plant that is deployed by a company for its own consumption. That is, power generated by such a solar power plant is consumed entirely by the developing company itself. For instance, Mumbai-headquartered auto major Mahindra & Mahindra Ltd. […]

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