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Torrent Power Q1 FY23: Profit Sees Two-Fold Surge

Leading Ahmedabad-based power player Torrent Power Limited has released its Q1 FY-23 results. For the April to June quarter (Q1) of the current financial year, the company’s consolidated net profit increased by more than 140% to Rs 502.01 crore from Rs 207.78 crore in the equivalent quarter of the previous financial year 2021–22. The revenue […]

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Australia Steps Up New Initiatives Towards Net Zero By 2050

In a significant break from the previous administration, the Australian federal government has proposed legislation that will secure Australia’s pledge to reach net zero by 2050 as well as provide greater monitoring and accountability over climate change progress. The Climate Change Bill 2022, as it is known, consists of four essential provisions that the MPs […]

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Toyota-Panasonic Battery JV to Buy Lithium From Nevada Mine of Ioneer

Japanese conglomerates Toyota Motor Corp and Panasonic Corp have announced that their joint battery venture will buy lithium from the Rhyolite Ridge mining project of ioneer Ltd. The resource will then be employed to manufacture electric vehicle batteries in the United States. The new entity is called Prime Planet Energy & Solutions (PPES). Australia based […]

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Convergence Energy Services Expands Charging Stations On Highways Across India

A wholly owned subsidiary of Energy Efficiency Services Limited (EESL) under the Ministry of Power, Convergence Energy Services Limited (CESL) will establish public charging stations on expressways and national highways. CESL will install 810 electric vehicle charging stations (EVCSs) throughout 16 expressways and national highways, traversing10,275 km across the nation. Convergence Energy Services Limited (CESL) […]

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Central Govt Lifts Curbs To Allow CPSEs To Import RE Material From China

NTPC and other such Central Public Sector Enterprises have finally got a level playing field with private sector companies and can now import from China the materials needed in renewable projects. In a major announcement, the Central government has lifted the curbs imposed on them in 2020 to stop procurement of items from countries involved […]

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Chief Manager – Sustainability

Engage with the internal stakeholders and present regular sustainability reports and conduct sustainability assessments. Develop and execute an overall program management and change management strategy related to business ESG initiatives/processes. Ensure ESG materiality assessments and other works related to corporate sustainability/ESG reports in accordance with the requirement of various frameworks and ratings. Collect, validate, calculate, […]

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Gujarat Allots 6000 Ha Land For Renewable Energy Park In Banaskantha

In a key decision, the state government of Gujarat has decided to make an allotment of more than 6,000 hectares of land for the development of a mega size renewable energy park. The large RE facility will come up in Banaskantha district that lies in the Rann of Kutch. This is one of the largest […]

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Continuum Energy Raises $350 Million For C&I Renewable Market In India

Singapore-based Continuum Green Energy Ltd, has announced that it has raised $350 million in debt by issuing senior secured floating rate notes to two international institutional investors. The notes have a tenure of 3.5 years and the proceeds will be partly used to refinance debt and finance project construction. The floating rate is linked to […]

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