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IEX December Power Trading Update

India’s premier energy exchange, The Indian Energy Exchange, has achieved 8452 MU total volume in December 2022, including Green Power trade of 377 MU, and 4.87 lac RECs (equivalent to 487 MU). The total electricity volume on the Exchange in December ’22 was 7964 MU, an increase of 8% on MoM and 4% on YoY […]

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Bihar (BERC) Gives Green Signal to 600 MW Solar Purchases From SECI

The Bihar Electricity Regulatory Commission (BERC) has given nod to procurement of 600 MW of solar power from Solar Energy Corporation of India (SECI) in Tranche-VIII by the distribution companies (DISCOMS). BERC has allowed the procurement at a tariff of Rs 2.50/kWh. The trading margin has been kept by the regulator at Rs 0.07 for […]

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Pakistan PM Announces Solarisation of All Govt Buildings by Coming April

Pakistan Prime Minister Shehbaz Sharif has said that the federal government has decided to install solar power panels on all government buildings in the country to harness green energy and reduce dependency on imported fossil-fuel based power. At first, the federal government buildings of Pakistan will be solarised and they will run entirely on Solar […]

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Senior Engineer Procurement

Responsibilities:- Review of received technical compliance/PR and align with PM to meet project requirement Prepare QTS as per offer received and Get approval for final prices Prepare PO and send to suppliers Coordinate with Projects and Supplier for Drawing/Data Sheet approval or any technical issues to resolved. Follow up with suppliers for timely delivery to […]

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How Lithium Batteries Can Reduce The Rates of EV & Its Impact In 2023

By Ankit Mittal, Co-Founder & CEO, Sheru For an electric vehicle, the battery is its most crucial as well as its most expensive component. In 2015, they made up more than 57% of the cost of an electric car in the US. Advances in technology, improved manufacturing processes, and efficiency gains have all meant that […]

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Solar Inverter Firm GoodWe Signs Deal for 50 MW RE Project in Pakistan

Chinese firms are showing a fresh deal of commitment for the development of renewable energy projects as the South Asian country is facing its economic hardships and acute power generation challenges. According to reports, GoodWe, which claims to be leading smart energy solution providers based out of China, is bullish about boosting renewable energy in […]

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IEX Establishes Fully-Owned Subsidiary to Explore Carbon Market

International Carbon Exchange Private Limited (“ICX”), a wholly-owned subsidiary of Indian Energy Exchange (IEX), the country’s leading energy market platform, was established recently to investigate the commercial potential in the voluntary carbon market. Through its platform, ICX will make it possible for participants to purchase and sell voluntary carbon credits at reasonable prices and will […]

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India’s EV Charging Roll Out, ‘Patla Pin’ Magic, And More Challenges

For a nation that embraced the mobile phone with breakneck speed, pricey prices notwithstanding, the heyday of Nokia phones in the late 90s and through early 2000s became synonymous with the thin-pin charger, which was very popular and ubiquitous at the time. Such was its ubiquity that it was assumed that everyone or every home […]

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