Solar PLI Tranche 2 Allocations Released, 48 GW Of Domestic Manufacturing Capacity By 2025-26 Updated On Tue, Mar 28th, 2023 by Saurenergy The government of India has allocated 39600 MW of domestic Solar PV module manufacturing capacity under PLI (Tranche-II), or the Solar PLI scheme to incentivise domestic manufacturing. The PLI or Performance Linked Incentive scheme offers financial incentives to manufacturers for meeting specific milestones in sales, linked indirectly to capacity creation. The PLI (Tranche-II) is expected […] Read more
Avaada Plea on Waiver of Charges Due To Supply Disruptions Fails To Work With CERC Updated On Wed, Sep 14th, 2022 by Saurenergy In an order last week, the Central Electricity Regulatory Commission (CERC) has ruled against a plea by Avaada Energy on charging of transmission charges for a 240 MW project during the period of delay. Avaada Energy had made a plea asking for extension of the start date of Medium Term Open Access by the Central […] Read more
Bharti Airtel Collaborates on Fuel Cell Technology with Bloom Energy Updated On Tue, Sep 13th, 2022 by Saurenergy Recently, Bharti Airtel announced that its subsidiary Nxtra Data Limited had teamed up with Bloom Energy to install low-environmental impact fuel cell systems at its data centers in Karnataka. This will help reduce carbon emissions by providing a cleaner, hydrogen-ready fuel source and reduce energy consumption. According to a statement from Bharti Airtel, Nxtra will […] Read more
Budget 2022. Domestic Manufacturers Smile, Rest Stay With Wait And Watch Updated On Tue, Feb 1st, 2022 by Saurenergy Finance Minister Nirmala Sitharaman’s Budget 2022 announcements for the renewable sector might have seemed relatively few beyond the key announcement of an additional Rs 19500 crore the PLI scheme, but industry players have focused on the many positives beyond that. Vineet Mittal, Chairman, Avaada Group, besides highlighting the PLI move and the announcement of green […] Read more
Airtel Sets Up Its Largest Captive Solar Plant, 21 MW with Avaada Updated On Tue, Jan 25th, 2022 by Saurenergy Telecom operator Bharti Airtel on Tuesday has announced the commissioning of a new 21-megawatt solar power plant in Buldhana district of Maharashtra. The solar plant, spread over 80 acres, has been set up by Airtel in partnership with Avaada to supply clean energy to Airtel’s Nxtra data centres and switching centres in Maharashtra, the company […] Read more
SECI Gets Bids Over 10 GW for Rajasthan 1785 MW Tender Updated On Thu, Jul 22nd, 2021 by Saurenergy Continuing the strong trend observed across all significant tenders since the last quarter, a source at SECI confirms that they have seen a very strong response to the tender for 1785 MW solar projects in Rajasthan. Without confirming the final list, the source tells us that bids have been received for almost 10 GW, and […] Read more
Social Expert Updated On Fri, Jun 4th, 2021 by Saurenergy The Social Expert will oversee the strengthening of social risk- and impact management practices within Avaada, with particular focus on land, migrant labour, indigenous peoples, community consultation, stakeholder engagement and implementation of CSR Plan in general. The Specific Tasks Cover the Following:- 1. Work with Avaada’s operational teams on daily project development activities; Correctly applying […] Read more
Cs- Asst Manager/Manager (only female) Updated On Mon, Apr 19th, 2021 by Saurenergy To ensure good corporate governance practice within the organisation, compliance with statutory and regulatory requirements under various corporate laws and timely reporting to all stakeholders; and to ensure that decisions of the Board of Directors are implemented. Key Result Areas:- Design & Implement Corporate Governance policies of over 25 Indian companies and foreign companies Assisting […] Read more
Asst. Manager/ Manager Treasury Updated On Mon, Apr 19th, 2021 by Saurenergy The candidate will be responsible to develop and manage strategies, operations and policies related to the treasury function, including cash forecasting and cash management, borrowing and payment processing. Professional Experience /Qualifications:- CA/ MBA /CFA with 10 years of experience in finance and treasury (CTP or CFA a plus) with a minimum of 4 years in […] Read more
