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Adani Green Reports 55% Spike In Revenue From Power Supply In Q1 Fy24

Adani Green Energy Limited, the green energy developer arm of the Adani Group, has reported it’s results for the June quarter (Q1) of Fy-23-24. Revenue from Power Supply up by 55% YoY to Rs. 2,059 Cr in Q1 Fy24, versus Rs 1328 crores in Q1 Fy23. Operational Capacity increases by 43% YoY to 8,316 MW […]

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80% Of India’s Solar Projects Planned In Only 5 States

The latest data from the Ministry of New and Renewable Energy (MNRE) claimed that around 80 percent of the ongoing mega solar projects are confined to only five renewable-rich states of the country. Moreover, around ten states do not have any ongoing solar projects in hand. MNRE Minister RK Singh shared the latest data before […]

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RDSS: UP, Andhra Biggest Beneficiaries of Discom Infra Revival Funds

The latest data from the Ministry of Power claimed that Uttar Pradesh and Andhra Pradesh emerged as the biggest beneficiary of the Revamped Distribution Sector Scheme (RDSS). This scheme is meant to revive the discoms’ health by taking corrective measures with financial aid from the Union government. The data suggested that out of all the […]

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Discoms Have Total Unpaid Dues of Rs 29,136cr, R.K.Singh tells Rajya Sabha

Union Power Minister RK Singh informed Rajya Sabha today that the electricity distribution companies (Discoms) had a total unpaid dues of Rs 29,136 crore as of July 24, 2023. These payments were to be made to the country’s power-generating companies (gencos). It was in addition to the balance legacy dues of Rs 61,025 crore. The […]

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Hydraulic Design Engineer

Perform hose / tube design, coupling selection, bracket design (creating complex design in Creo); Understand and apply knowledge of hydraulic schematic diagram of machines; Create complex Hose and tube lines routing in order to accommodate machine layout; Actively support a prototype, pilot, or production build and on-machine hydraulic lines test; Perform failure analysis, identify root […]

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Adani Green Wins Battle At TNERC With Tangedco On Tariff Applicability

In an order dated July 20, the Tamil Nadu Electricity Regulatory Commission (TNERC) has ruled in favour of Kamuthi Renewable Energy Ltd., a subsidiary of Adani Green Energy Limited  in a case involving a dispute with TANGEDCO on the applicable tariff for a 75 MW project at Kamuthi.  Tangedco, in an order September 2016, had […]

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As MoUs Worth Lakhs OF Crores Are Announced By PFC, REC, Hopes Rise

The Central government’s power project financing arms, PFC and its subsidiary REC, have made a slew of green funding announcements recently. In total, the NBFCs Power Finance Corporation Ltd (PFC) and REC Ltd have signed agreements worth ₹5 lakh to fund projects of major green energy firms. While the PFC signed pacts worth ₹2.37 lakh […]

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ACME Group Achieves Financial Closure of INR 4,000 Cr Debt for Green Hydrogen & Ammonia

Diversified renewable energy company ACME Group announced securing INR 4,000 crore loan from one of the India’s largest green infrastructure financial institutions Rural Electrification (REC) Limited for its green hydrogen and green ammonia project in Oman. The loan will be utilized to commence the first phase of the pioneering green hydrogen and green ammonia project, […]

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