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IEX October Power Market Updates- Soft Demand Leads to Lower Prices

Indian Energy Exchange, India’s premier electricity exchange, achieved electricity traded volume of 9,642 MU in October’24, marking a 4% year on year increase. During the month, IEX traded 4.44 lakh renewable energy certificates recording a 105% year on year increase. According to government data published in October 2024, the country’s energy consumption reached 140.4 BUs, […]

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Associate Manager – Engineering Services

Responsibilities:- Strategic:- To assist Head MEP for  Electrical & ELV design engineering, planning & estimation for real estate & construction projects in Mumbai Region. Position shall be based at HO. Operational:- To plan Electrical Design Calculations for HV/ MV/LV , Lighting Design Calculations, System Design, Equipment Selections, etc. To execute Electrical BOQ, Technical Specifications, Cost […]

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Asset Management O&M (Solar)

Responsibilities:- Test or evaluate photovoltaic (PV) cells or modules. Review specifications and recommend engineering or manufacturing changes to achieve solar design objectives. Perform thermal, stress, or cost reduction analyses for solar systems. Develop standard operation procedures and quality or safety standards for solar park. Provide technical direction or support to installation teams during installation, start-up,testing, […]

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NTPC Arm Floats Tender For Evacuation Of 755 MW Of Green Power

In a bid to supply clean energy to Green Valley Renewable Energy Limited (GVREL), NTPC renewable energy arm NTPC Green Energy Limited (NGEL) on behalf the company, invited bids for power evacuation package -II as a part of 755 MW GVREL Solar Park at Tilaiya and Panchet Reservoir. The Green Valley Renewable Energy Limited (GVREL) […]

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Waaree RTL Q2 Results- Revenue Up 250%, PAT Up 160% YoY

BSE Listed Waaree Renewable Technologies Limited (Waaree RTL), the EPC arm of the Waaree group, has released its Q2, FY25 results. Keeping up with the trend for the past few quarters, the firm has declared yet another strong set of numbers, with operational revenues coming in at Rs 524.4 cr for the quarter, as compared […]

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Green Tariffs, Budget Crucial For RE Growth in Rajasthan, Gujarat: Report

The Institute for Energy Economics and Financial Analysis (IEEFA), in a briefing note, recommended a multifaceted approach to accelerate the renewable energy transition in two renewable-rich states namely, Gujarat and Rajasthan. This involves implementing strategic measures to enhance financial resources, improve market dynamics, and support effective governance.  The note recommends the use of integrated green […]

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Global RE Growth Hits New Highs Amid Falling Costs: IEA Report

Globally, renewable energy shows no signs of slowing down. In the first half of 2024, solar PV additions rose by 36%, electric vehicle sales increased by 25%, and wind power capacity additions kept pace with last year’s deployment, said report. International Energy Agency (IEA) recent report on Clean Energy Market Monitoring indicated that clean energy […]

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Why NTPC Is Showing Lesser Interest In RTC & FDRE Tenders?

India’s public sector power giant NTPC Limited has now explained why it is shy when it comes to Round-The-Clock (RTC) and Firm and Despatacble Renewable Energy (FDRE) tenders. The response from the NTPC management came to the fore when a query was raised regarding the lesser participation of the group in renewable tenders. The NTPC […]

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