Five Takeaways From CERC’s Short-Term Power Market Report Updated On Thu, Nov 7th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) has published its annual report on the short-term electricity market for 2023-24. The report sheds light on the growth of the short-term market in the country, the rise of power transactions through power exchanges, and other topics. Following are the five main takeaways from the report- Short-term market is […] Read more
IFC Invests $400Mn To Support Bajaj Finance Climate Fundraising Updated On Thu, Nov 7th, 2024 by Saurenergy The International Finance Corporation (IFC), the World Bank’s private sector focused entity that offers investment, advisory, and asset-management services recently partnered with NBFC Bajaj Finance Limited (BFL) to invest $400 million. This is part of a $1 billion fundraising initiative by BFL. BFL raised IFC’s $400 million loan to expand financing options for customers buying […] Read more
APTEL Order Adds Clarity On Treating Open Access Demand By Grid Operators Updated On Thu, Nov 7th, 2024 by Saurenergy In an order last week that will add a dash of clarity on how discoms treat demand from open access customers, the APTEL bench has ruled to set aside an order from MSEDCL where it had denied the open access quantum to a group of customers of Sai Wardha Power Generation Limited. MSEDCL had lost […] Read more
MOOEV Secures Rs. 40 Million Seed Funding Led By Bizdateup Updated On Wed, Nov 6th, 2024 by Saurenergy MOOEV Technologies, an electric vehicle (EV) startup focusing on heavy-duty transportation sector, raised Rs. 40 million in a seed funding round led by Mumbai-based Bizdateup. This funding round included investors like Inflection Point Ventures and Spectrum Impact (Aarti Industries Family Office), to accelerate the electric heavy-duty trucks deployment across India and aims to establish charging […] Read more
Vajram Electric Mobility Appoints Chandra Mouli As Its New CEO Updated On Wed, Nov 6th, 2024 by Saurenergy Vajram Electric Mobility Ltd, a company in the electric vehicle (EV) sector today announced the appointment of Chandra Mouli as its new Chief Executive Officer (CEO), effective with immediate effect. Chandra Mouli’s appointment comes at a pivotal time for Vajram Electric, as the company sets its sights on expanding its growth. With the new leadership, […] Read more
TCMS Engineer Updated On Wed, Nov 6th, 2024 by Saurenergy In this role, you will have the opportunity to act as a design authority for an engineering discipline with low to medium complexity. Each day, you will complete assignments on small projects or portions of larger projects in a cost-effective manner. You will also showcase your expertise by applying basic design thinking/design for excellence concepts […] Read more
Senior R&D Engineer (Control & Optimization) Updated On Wed, Nov 6th, 2024 by Saurenergy Responsibilities:- Identifying, evaluating and executing research and development plans for advanced process control and process optimization solutions portfolio within PI Digital Business line for global process industries customers Working directly on development tasks; providing technical leadership, coordinating with other resources and creating high quality products within the defined schedules and budgets Working with product portfolio […] Read more
Green Stocks Nov 6: Trump Bad for Climate, But Good For Green Stocks? Updated On Wed, Nov 6th, 2024 by Saurenergy Perhaps it was just the relief of putting the event behind them, or a genuine hope that a Trump presidency would broadly be good for growth, but there was little doubt that Indian market seem to consider a Trump presidency better. That explains the sharp jump seen in the markets today, with our green pack […] Read more
Can India See Large Wind Turbines Beyond 6 MW? Updated On Wed, Nov 6th, 2024 by Saurenergy The upper ceiling of large wind turbines in India is on the rise. Irrespective of the deployment of the same in capacities upto 8 MW to 10 MW in foreign countries like China, India’s tryst with these large structures is limited by costs for now. Going by the government numbers, there are more than eight […] Read more
