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UPERC Amends Rules To Expedite Rooftop Solar Installations

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has now amended its existing rooftop solar rules of 2019 to pave the way for faster installations of rooftop solar systems. As per the revised rules, the state commission has mandated the state discoms to complete the process of Technical Feasibility Reports (TFRs) within 15 days. The Commission […]

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NSE Ignites EV Investment With Debut Of Electric Vehicle Index

National Stock Exchange of India (NSE’s) index services subsidiary, NSE Indices Limited recently launched a new thematic index – the Nifty electric vehicle (EV) and automotive index. The nifty electric vehicle (EV) automotive index aims to track the performance of companies that form a part of the EV ecosystem. It includes companies that are involved […]

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BHEL Invites Bids For 300MW NHPC Floating Solar Project In Odisha

Bharat Heavy Electricals Limited (BHEL) has released a tender for conducting civil works for the proposed 300MW Rengali floating solar project at Odisha for NHPC. It invited tender for civil works for the 300MW Rengali floating solar project at Odisha for NHPC.   The tender mentioned that the estimated value of the contract – Rs. 2,33,29,072.00 […]

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Suzlon Secures 81.9 MW Order for 3 MW Series from Oyster Green

Suzlon Group has announced a new order win for the development of an 81.9 MW wind energy project for Oyster Green Hybrid One Private Limited. Suzlon will install 26 Wind Turbine Generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3.15 MW each at the client’s site in Agar, Madhya […]

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India’s Peak Power Demand Smashes 2023 Peak, Touches 250 GW

The Indian power sector met a record maximum power demand of 250 GW on 30th May’24 whereas, the non-solar demand touched an all-time high of 234.3 GW on 29th May This spike in power demand reflects the combined impact of weather-related loads and growing industrial and residential power consumption in these areas. On 30th May, […]

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Climate Risk for Renewable Energy Projects & Parametric Insurance

Amidst the global conversation on climate change, the renewable energy sector finds itself at a critical juncture. As we grapple with shifting weather patterns and rising temperatures, the sector faces significant challenges in maintaining its infrastructure and ensuring operational efficiency. Research suggests a 12% reduction in wind turbine capacity by the century’s end, and a […]

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EV Maker Euler Motors Raises Rs 200 crore

The manufacturer of commercial electric vehicles, Euler Motors, announced that it has closed its Series C round, having raised approximately Rs 200 crore. The business had previously obtained over $60 million in new financing in October 2022 and approximately $14.5 million in November 2023. This round’s investors include Blume Ventures, a domestic venture capital firm, […]

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Engineer – Mechanical HVAC

The selected candidate will be responsible for:- Model building and drawings of building services elements. Basic design calculations. Duct & pipe sizing. Knowledge of LODs & BSRIA standards. Quantities take off based design drawings. Carrying out checking of drawings. Coordination between other MEP disciplines, such as Electrical, Plumbing services. Work within time limits to complete […]

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Green Stocks May 30: Waaree Renewable Stock Price Jumps

On May 30th, three companies’ stock prices went for a rise. On the other hand, other green companies witnessed a decline in their stock prices. Waaree Renewable registered a 5% rise in their stock prices while Shakti Pumps saw a 2.65% rise in its stock price. Whereas, SJVN witnessed a major dip of 4.26% followed […]

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