SUBSCRIBE NEWS LETTER

REC

Director(Technical)

I.  COMPANY PROFILE:- National Fertilizers Limited (NFL) was incorporated under the Indian Companies Act, 1956 with the objective of producing and marketing of fertilizers and by-products efficiently and economically. It is a schedule ‘A’ / Miniratna PSE with the administrative jurisdiction of Ministry of Chemicals and Fertilizers (Department of Fertilizers). The company employed 3213 regular […]

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Inverter Major Sungrow Hits 10 GW Shipment Record In India

Sungrow, the global leading inverter solution supplier for renewables, has breached a new milestone for PV inverter shipments in India – 10 GW. Gratifyingly for the firm, it has not been even one year since the last 7 GW record, announced in January 2021. The company has clearly done well from the sharp recovery of […]

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Despite more RE invt, global eco recovery is ‘Uneven’, ‘Unsustainable’: IEA

Spending on clean energy amounts to 3% of the USD 16.9 trillion that governments have so far mobilised to bolster their economies from the recession triggered by the Covid-19 pandemic, according to the latest update from IEA (International Energy Agency). The share is up from around 2% in July but still leaves global carbon dioxide (CO2) […]

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Director(Marketing)

I.  COMPANY PROFILE:- Bharat Petroleum Corporation Limited (BPCL) came into existence in 1976, by virtue of Burmah- Shell (Acquisition of Undertaking in India) Act, 1976 when the right, title and interest of Burmah- Shell Oil Storage & Distribution Company of India Ltd. was taken over by Government of India. Its main objective is to undertake […]

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MoP Notifies Rules for Timely Recovery of Costs due to ‘Change in Law’

The Ministry of Power (MoP) has notified a new rule for the sustainability of the electricity sector and promotion of clean energy to meet the India’s commitment towards climate change, states a press release. MoP said that investors and other stakeholders in the power sector were concerned about the timely recovery of the cost due […]

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REC Raises 5 Year Loan Of $75 million From SMBC

In a first for any NBFC in India, REC Limited has successfully raised a USD 75 million, 5-year Secured Overnight Financing Rate (“SOFR”) linked Syndicated Term Loan on October 7, 2021, with Sumitomo Mitsui Banking Corporation (SMBC), Singapore Branch appointed as the sole Mandated Lead Arranger and Bookrunner. Along with the loan, REC has also […]

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Financial Analyst – Accounts Receivables

This is a Financial Analyst – Accounts Receivables (AR) role, reporting to the Finance Team Lead – AR in Global Business Services (GBS) located in Bangalore. In this role you will be responsible for Providing defined services to the internal customers with best quality in most efficient way. Responsibilities:- Research and provide fundamental analysis and […]

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MYSUN Receives 140 MW Solar Order from UPPTCL

Rooftop solar firm MYSUN has bagged 140-megawatt (MW) open-access solar power projects from the Uttar Pradesh Power Transmission Corp Ltd (UPPTCL), according to a company statement. “MYSUN, has been allocated 140-MW solar projects under the captive/open access mode by the Uttar Pradesh Power Transmission Corporation Ltd (UPPTCL),” the company said in a statement. The allocation […]

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Reliance Acquires REC Group in $771 Million Buy Out

In a stock exchange filing today, Reliance Industries Limited (RIL) today acquired Norway-headquartered solar module maker REC Solar Holdings (REC Group) for an enterprise value of US$ 771 million (around Rs 5,800 crore) from China National Bluestar. The acquisition was done through its fully owned subsidiary, Reliance New Energy Solar Limited. “Reliance New Energy Solar […]

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