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CERC Notice To Power Trading Firms For Failing to Maintain Net Worth

For National Energy Trading Services Limited, and Atria Energy Services Private Limited, a weak balance sheet submitted to the  Central Electricity Regulatory Commission (CERC) for downgrading their energy trading licenses has landed both in a hot soup. In both cases, the Central Regulator, after going though the documents  on record,  has seen a fit case […]

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Senior Manager Sourcing

The Senior Supply Chain Manager will be part of strategic Sourcing team which is part of NEXTracker Supply Chain team at large. General responsibilities will include supplier qualification & onboarding, scouting & benchmarking suppliers, landed cost analysis, managing supplier escalations, contract negotiations, preparation of reports, presentations & correspondence, market/data research & analysis and data tracking. […]

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Azure Power’s Petition for GST Compensation Dismissed by MERC

The Maharashtra Electricity Regulatory Commission (MERC) recently heard a petition filed by Azure Power Thirty Four Private Limited (APTFPL), which sought INR 22,52,61,708 in compensation for “increase in costs” due to a change in the rate of Goods & Services Tax (GST) following a notification issued by the Ministry of Finance in December 2018. APTFPL tried […]

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Business Development Analyst II

The First Solar Technology Sales & Origination team manages sales and relationships with buyers of First Solar PV module technology across customer groups of Developers, IPPs, Utilities, and EPCs. As the leading supplier of utility-scale solar projects in the U.S. market, First Solar is growing this fast-paced team to engage across the national utility-scale solar […]

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40% on Modules & 25% on Cells, MNRE to Impose BCD From April 1, 2022

The Ministry of New and Renewable Energy (MNRE) has finally finalised the new Basic Customs Duty (BCD) on solar PV cells and modules. As per an office memorandum, the Ministry is going to impose a 25 percent BCD on solar PV cells and 40 percent duty on solar modules without grandfathering of bid-out projects. However, […]

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Captive Cogeneration Plants To Meet RPO Obligations Out Now, Says MERC

In a ruling that will await final judgement on a challenge in the Mumbai High Court, the Maharashtra Electricity Regulatory Commission (MERC) has ruled to  eject a petition from JSW Steel to consider power produced from its fossil fuel based co-generation plant as a set off for its Renewable Purchase Obligations (RPO) in the state. […]

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Missing. A Public Presence for Renewable Firms in India

Back in March 1999, when Infosys Limited, the software firm that was just beginning to get noticed listed on the Nasdaq stock market in the US, it was a seminal moment for the firm and the Indian IT sector in general. Not only did the firm become the first Indian firm to list on NASDAQ, […]

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EDFR Acquires California-Based EV Charging Firm PowerFlex

EDFR has announced that it has acquired Los Altos, California-based PowerFlex Systems, a pioneer in managed EV charging technology EDF Renewables (EDFR) has announced that it has acquired Los Altos, California-based PowerFlex Systems (PowerFlex), a pioneer in managed electric vehicle (EV) charging technology through its subsidiary EDFR North America. The investment is part of EDF Renewables’ continued […]

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Naidu Attacks Reddy Govt for Renegotiating RE PPAs

TDP Chief N Chandrababu Naidu has attacked the Reddy government for its decision to renegotiate the PPAs for renewable projects signed during his tenure TDP Chief N Chandrababu Naidu has attacked the Jaganmohan Reddy government for its decision to renegotiate the power purchase agreements (PPAs) for solar and wind projects signed during the five-year tenure […]

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