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With 90% Growth In PAT In Q1 FY23, Tata Power Rides 48% Jump In Revenues

One of India’s largest integrated power companies, Tata Power has today announced its results for Q1FY23 reporting a 90% YoY increase in consolidated quarterly PAT as compared to Q1FY22, registering its 11th consecutive year-on-year quarterly growth in PAT. Quarterly Highlights – Q1FY23 Tata Power’s consolidated PAT before Exceptional Items is up by 90% at ₹884 crore […]

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India’s RE Capacity Stands At 114 GW Till June, 61 GW Short Of 2022 Target

The Members of Parliament were separately informed by the Ministers of New and Renewable Energy in the Parliament on July 19 that India’s renewable energy capacity (excluding large hydro) stood at 114.07 GW till June-end this year, while 60.66 GW of projects are under various stages of development. India has set a target of having […]

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CEEW & Villgro Join Hands to Foster SHSPs In Villages

A USD 3 million initiative introduction by Council On Energy, Environment & Water (CEEW) and Villgro, one of the world’s largest social enterprise, Powering Livelihoods is paving the way to bring clean energy-based solutions to the rural economy in a gender-inclusive manner. Powering Livelihoods works with enterprises developing innovative appliances, such as Sub-HP solar pumps, […]

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At Tata Power AGM, 30 GW Capacity Target For 2027 Firmly in Sight

On the back of a strong set of results in FY 22, Tata Power Chairman Natarajan Chandrasekaran, iterated the firm’s focus on renewables at the Annual general Meeting of shareholders. Capex of Rs 75,000 crores over the next 5 years in renewables is expected the take the share of renewables to over 60% during the […]

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MNRE Calls For Proposals To Fund Under RE-RTD Program for 2022

The Ministry of New and Renewable Energy runs the Renewable Energy Research and Technology Development program (RE-RTD), with an aim to promote indigenous technology development for wide spread deployment of new and renewable energy in an efficient and cost effective manner across the country. Applications for the cohort seeking support will open from June 1, […]

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Tata Power Renewables to get Rs 4,000 crore Investment from BlackRock, Mubadala

Tata Power Renewable Energy Ltd has raised Rs 4,000 crore to build a comprehensive platform to achieve its renewable sector ambitions in India. In a statement filed with exchanges, it has shared that a binding agreement has been signed by Tata Power and the BlackRock Real Assets-led consortium under which BlackRock will invest in Tata […]

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The Top 5: India’s Listed Renewable Energy Firms Enjoy A Fine Run At Bourses

As India girds up for one of the biggest renewable energy transitions in the world, private sector participation as been a critical pillar of this transition. With ever widening scope and ambitious targets, led and announced by Prime Minister Modi himself, no one has any doubts on the potential growth and future of the renewable […]

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Solution Architect – Access to Energy

Main overview of what the job entails and aim towards Manage technical-commercial tenders and quotations for Access to Energy business in APAC region. Propose architecture solutions suitable for Access to Energy market. Ensure and coordinate commissioning and troubleshooting Microgrid installed base Responsibilities:- Coordinate with sale, business develop team and customers to understand requirement and design […]

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MNRE Issues Framework to Promote Decentralised RE Livelihood App

The Ministry of New & Renewable Energy (MNRE) has issued a ‘Framework for Promotion of Decentralised Renewable Energy (DRE) Livelihood Applications’. DRE technologies are basically solutions, systems or products powered by renewable energy that help people to make a living. Solar looms, solar pumps, biomass powered cold storage and so on are some of the […]

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