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Virescent Renewable Raises Rs 650 crore Through Domestic Bond Issue

Virescent Renewable Energy Trust (VRET) and Infrastructure Investment trust (InvIT) has raised a capital of Rs. 650 crore through a domestic bond issue. The issue is meant for two tenors – one is 7.33-year for Rs 150 crore and the other being a 10-year one for Rs 500 crore. Virescent is backed by global investment […]

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Assistant Manager – Techno Commercial

Responsible for Procurement of MRO – Maintenance, Repair & Operation related Material & Services for solar cell manufacturing unit. Responsible for purchasing of Services /spares /consumables, identification/negotiation/issue/renewal/closure of contracts, developing and implementing best purchasing practices in procurement. Maintain the 100% availability of Services/spares/consumables at optimal cost. Roles and Responsibilities:- Strategic Roles & Responsibilities:- The incumbent […]

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SES completes merger with ‘Ivanhoe’ to complete SPAC listing at NYSE

Liquid metal battery firm SES AI Corporation or ‘SES’ has declared that it has closed the business combination of SES Holdings and Ivanhoe Capital Acquisition Corp or ‘Ivanhoe’, a Special Purpose Acquisition Vehicle(SPAC). The quest for this acquisition was announced previously and now it stands complete. With this, SES is listed on the New York […]

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Audi looks to manufacture EVs in India to Increase volumes

Leading auto brand Audi is weighing the feasibility of manufacturing its electric vehicles locally in India. A senior company official has said that the said decision is being mulled to step up the volume of cars. The German based automaker had already made its intentions public about going all-electric by year 2033. The company says […]

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APAC Senior Supply Planner

The APAC Senior Supply Planner will be based in Hyderabad. Onboarding will be virtual for the time being with occasional socially distanced meetings at a Nextracker office. In this position, you will report to Senior Manager, Materials Planning. We are looking for a dynamic supply chain professional to manage our increasing supplier base in APAC […]

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Senior Electrical Design Engineer

Candidates only with prior Engineering Design experience in Power Sector (preferably Solar PV) and meeting the following criteria should apply. Must Have Requirements:- Hands-on design and optimization experience in cable sizing, switchgear design, transformer sizing, earthing and protection systems, transmission systems, plant monitoring systems, and associated utilities Experience in Bill of Material preparation and optimization […]

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Union Budget Raises Combined Expenditure of IREDA and SECI by 143%

The 2022 Union Budget has increased the expenditure budget of the two of its premiere agencies that are mandated with enabling a thriving renewable sector – Renewable Energy Development Agency (IREDA) and Solar Energy Corporation of India (SECI). The budget for the two central firms has been proposed to be raised by a whopping 143 […]

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Senior Engineer_Dry Utilities

1.   Key Accountabilities:- Operations:- Provide design solutions to civil engineering projects. Design HV and LV networks for masterplan, transportation and highway projects Carry out load demand calculations for masterplans, public realm and buildings Design Street lighting and telecommunications networks Design right of way cross sections for all utilities Propose off-grid renewable energy solutions including PV […]

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ReNew Announces $250 Million Share Buyback and Preliminary Results for Q3 FY’22

Nasdaq listed ReNew Energy Global plc has announced that its Board of Directors has authorized a new $250 million share repurchase program to buy back Class A Ordinary Shares (“Share Repurchase Program”) in the capital of the Company.  In addition, the Company is providing updates on certain financial metrics for the quarter and nine months ended December 31, […]

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