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Actis Backed Blupine Energy Raises 1,787 Crore from NaBFID

BluPine Energy, a leading renewable energy services company established in India by global infrastructure investor Actis, has successfully closed a structured financing deal of 1,787 crore with the National Bank for Financing Infrastructure and Development (NaBFID). This deal is designed to optimize financial structuring, enhance operational efficiency, and fuel portfolio expansion. The transaction was structured []

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IREDA Raises 910.37cr Through Privately Placed Tier-II Bonds

Indian Renewable Energy Development Agency Limited (IREDA) has raised 910.37 crore through the issuance of Privately Placed Subordinated Tier-II Bonds for a 10-year tenure at an annual coupon rate of 7.74%. The raising of Tier-II Bonds aims to tap liquidity in the current financial market and support the borrowing plan of the company. The funds []

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BattRE Surpasses 100 Cr Revenue, Maintains Profitability

Electric two-wheeler manufacturer BattRE is back on a growth trajectory, reporting an 18% increase in FY24, compared to a 6% decline in FY23. However, its profit remained unchanged during the last fiscal year. BattREs revenue from operations increased to Rs 102.5 crore in FY24 from Rs 87 crore in FY23, according to its financial statement []

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PURE Enters ESS Market With The Launch Of PuREPower

PURE, an electric mobility and clean energy company, has introduced PuREPower, an energy storage product line catering to homes, businesses, and the grid. The product range includes PuREPower Home, PuREPower Commercial, and the upcoming PuREPower Grid, aimed at addressing Indias growing energy storage needs. PuREPower Grid, set for release in 2026, is designed to support []

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ADB & Shriram Finance Sign Deal To Boost EV Financing in India

The Asian Development Bank (ADB) and Shriram Finance Limited have signed a loan agreement for $150 million to boost access to finance for micro, small, and medium-sized enterprises (MSMEs) in India. The agreement will focus on granting business loans for financing electric vehicles (EVs) and low-emission commercial vehicles for business purposes. The loan will particularly []

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Manufacturing Process Engineer

Responsibilities:- Execute NPD (New Product Development) Feasibility study, Feasibility Provider, Proto-Pre series development of parts, Co-coordinating & supporting with various agencies to achieve scheduled target, MBOM Creation & Change Matrix for Panel Assembly and Mining Products Executing Green/Brown field Projects MBOM Planning, Validation & Routing production version in ERP Subject Matter Expertise (SME) to lead []

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Control Systems Engineer

You will be the part of FLsmidth s Products Business Line team who is responsible for designing a Product Control Systems for all FLSmidth products. As a Control System Engineer/Specialist- Product Sub Control System Engineering, the candidate will be responsible for design, development and testing of Product Control System for various products supplied to mining []

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Green Stocks March 25: Stocks Swoon With Broader Market

With reasons as varied as a run-up that was too fast, too soon, to the Trump deadline on April 2 for tariffs, the markets, and our green energy packs took a breath today, correcting after the sharp run-up since last week. Among the big losers was Solar Pump maker Shakti Pumps, besides developers NTPC Green, []

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RBI Extends Priority Sector Lending For RE Projects Upto Rs 35cr

The Reserve Bank of India (RBI) has now extended funding for renewable projects in the country up to 35 crore under the Priority Sector Lending. The central bank regulator has issued revised guidelines on Priority Sector Lending (PSL) after a comprehensive review of existing provisions, incorporating feedback from stakeholders. The revised funding is cover the []

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