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Matrix Gas & Renewables Raises Rs 350 Crore In Pre-IPO Round

Gensol Group Company, Matrix Gas & Renewables Limited, has raised Rs 350 crore in the pre-IPO round. With the current capital raise, Matrix is now well positioned to accelerate its growth initiatives towards expanding market share for the gas aggregation business, acquiring City Gas Distribution (CGD) assets, and funding the ongoing capital expenditure plan. This […]

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The Return of Reverse Auctions For Wind Energy- Bad News Or Normalcy ?

Following reports that the government has instructed leading PSU energy developers to return to the reverse auction mechanism for wind energy tenders, SaurEnergy tried to check the veracity of the claim. Without coming on record, it appears that a communication has been sent to that effect, to NTPC, SJVN, NHPC and of course SECI, which […]

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Jindal Stainless Plans Rs 700 Crore Investment In Renewable Projects: Report

Stainless steel company Jindal Stainless Ltd (JSL) will invest Rs 700 crore over the course of the next three years regarding renewable energy projects. According to media reports, this will be done to reduce its carbon footprint, including the embedded emissions across its offerings. Media reports quoting Abhyuday Jindal, Managing Director, JSL, stated that investments […]

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Finolex, Hinduja Sign PPA For 8.36 MW Power For 25 Years

Finolex Industries Limited (FIL) a PVC pipes manufacturing company in India entered into a share purchase agreement for 8.36 MW renewable energy with Mumbai-based Hinduja Renewables (HREPL) and Hinduja Renewables Energy Private Limited (HROPL). This agreement was undertaken between power project developers engaged in the development, construction, operation, and maintenance of renewable energy-based power plants […]

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L&T Commissions First Indigenously Build Hydrogen Electrolyser At Hazira

Larsen & Toubro (L&T) an Indian multinational engaged in EPC Projects, commissioned its first indigenously manufactured electrolyser at the Green Hydrogen Plant. The plant is located at AM Naik Heavy Engineering Complex in Hazira, Gujarat. This accomplishment signifies L&T Electrolysers Limited’s foray into domestic electrolyser manufacturing, underscoring the company’s steadfast dedication to propelling sustainable energy […]

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Polysilicon Manufacturers Shift To Vietnam, Chinese Import Hits Record Low

Germany based Bernreuter Research in its report on Polysilicon shipment found a drop in Polysilicon imports into China. The report stated, this fall has led to the lowest level since 2011. According to the report the Chinese customs statistics, imports of the feedstock for solar cells and semiconductors slumped by 28.5% i.e., from 88,093 metric […]

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Rolls-Royce To Supply Large-Scale Battery Storage To Latvian National Grid

Rolls-Royce has received an order from the Latvian transmission system operator Augstsprieguma tikls (AST) to supply an mtu large-scale battery storage system to secure the Latvian power grid. In 2025, Latvia, together with the other Baltic states, will synchronize its energy supply system with the continental European power grid. Following the order, Rolls-Royce will supply […]

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EV Charging Firm TelioEV Ventures Abroad In Five Countries

EV charging management solutions company TelioEV has announced that it has expanded its network into five new countries including Sri Lanka, Nepal, Malaysia, Saudi Arabia, and Oman. The company commenced its operations in these regions in December 2023 and is currently engaging with various stakeholders, including charge point operators, OEMs, EV users, electric vehicle merchants, […]

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Assistant Manager – Process Excellence

Responsibilities:- Experience writing user stories. Preparation of Process flow diagrams, BRDs, SOP Communicates changes, enhancements of business requirements to cross-functional teams so that issues and solutions are understood. Ability to review test cases. Performing user acceptance testing Research and analyze all aspects of existing business practices and procedures. Must be a self-starter, a team player, […]

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