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Ola Electric Recorded Sales of Rs 373 Cr in Fy22, Even as Losses Rose 4X

Market leader Ola Electric has finally filed its Fy22 numbers a year behind schedule. And the numbers don’t make for pleasant reading, if you are an accountant. However, with it’s leadership in the 2 wheeler segment well entrenched for now, the firm will be expected to report a stronger set of numbers for FY23, as […]

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Tata Power-DDL Achieves RPO Compliance Third Time in a Row

Tata Power Delhi Distribution Limited (Tata Power-DDL), a power utility that supplies electricity to a populace of 7 million in North Delhi and Northwest Delhi, has announced that it has fulfilled Renewable Purchase Obligation (RPO) for the third consecutive year. The company sourced 2600 million units of green power in FY 2022-23 from various sources […]

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Tata Power Reports 29% Growth In PAT In Q1 YoY

Tata Power today announced its financial results for Q1 of FY24. The Indian power company reported a 29 percent growth in its consolidated Profit After Tax (PAT). Its net profit stood at Rs 884 crore during Q1 of FY 23, which notched up to Rs 1,141 crore during the Q1 of FY24, registering a 29 […]

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Adani’s 5.2 MW Onshore Wind Turbine A Step Closer To Launch

The Adani group’s much anticipated 5.2 MW wind turbine being built at Mundhra, Gujarat, is close to a formal unveiling. Touted as  the country’s largest wind turbine and one of the largest on-shore machines in the world when ready, the machine is being built with technology from W2E Wind to Energy GmbH of Germany. Till […]

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LOHUM & Vecmocon Partner to Power 100,000 LIB-Enabled EVs

Producer of sustainable energy transition materials and Vecmocon, an Indian EV intelligence company backed by Tiger Global & Blume Ventures, have partnered to accelerate EV battery adoption and enable easy financing. The partnership aims to accelerate second-life battery use and power 100,000 LIB-enabled EVs over two years with AI-powered Battery Management System (BMS) by determining […]

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Tata Power Signs MoU With Maharashtra For 2800 MW of PSP

Tata Power has signed a Memorandum of Understanding (MoU) with the Maharashtra government to develop Pumped Hydro Storage Projects (PSP) with a combined capacity of 2800 MW. The power firm said these projects will likely see an investment of around Rs 1300 crore.  The company shared the information in its latest filing before the Bombay Stock Exchange […]

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Electronica Finance Limited Signs US$15 Mn Deal with ResponsAbility Investments AG

Electronica Finance Limited (EFL), a Pune-based Non-Banking Financial Company (NBFC) specialising in financing MSMEs with a focus on financial inclusion and energy efficient machine financing, has signed a US$15 million deal from Global Climate Partnership Fund (GCPF), managed by responsAbility Investments AG. The finance provided under the deal will be for six years and the […]

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Manager – Project Management

Provides technical and commercial support for NEXTracker customers worldwide, ensuring a best in class customer experience and providing product and systems expertise to maximize customer value Supports all activities that drive Customer Satisfaction and order fulfilment Have strong customer care experience and be able to effectively communicate resolutions for customer concerns Support NEXTracker product procurement […]

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Airtouch In Key Deal With ReNew For Its Panel Cleaning Equipment

Israel based robotic cleaning solutions firm Airtouch Solar continues to make inroads into the Indian market. In it’s latest deal announcement, the firm has announced the closure of its fifth and largest agreement with ReNew  worth $8.5 million for supply of Airtouch’s advanced robot model –  Airtouch AT 4.0 for ReNews solar projects in India. […]

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