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IRFC, REMC to collaborate on financing of renewable energy projects

Indian Railway Finance Corporation Limited (IRFC), the dedicated financial institution of Indian
Railways, and REMCL, a JV of MOR & RITES, facilitating power procurement for Indian Railways,
have signed a Memorandum of Understanding (MoU) to collaborate on financing Renewable Energy
(RE) projects awarded by REMCL for supply to Indian Railways.

NTPC achieves 326 BU generation upto Q3 of FY 25

NTPC Ltd, India’s largest integrated power utility, recorded a generation 326 BU at the end of third quarter (Q3) of FY 2024-25 registering a growth of 3.82% compared to the corresponding period in the previous financial year.

Amp Energy India appoints Ritesh Singhi as Senior Director – Procurement and SCM as it strengthens its leadership team

Singhi has been previously associated with managing over a GW of renewable energy projects as part of Mahindra Susten and CleanMax Solar.

Cleantech Solar announces CEO Succession; appoints Sanjay Gupta as CEO

Sanjay has held leadership roles at globally renowned organisations such as Keppel Fund Management, Sembcorp Industries, and EnergyAustralia.

Schneider Electric India Recognized by Frost & Sullivan as the Indian Company of the Year 2024

Recognition for boosting customer value with its technologically powered solutions and market-leading position.

Livguard Unveils India’s First & Only Integrated Drivetrain Solutions at EV Expo 2024

Exclusive Launch of Integrated Drivetrain Solutions for Electric Vehicles by Livguard  including critical components such as the motor, controller, battery, and charger, specifically designed for electric two-wheelers, e-rickshaws, and L5 vehicles (e-autos)

India Needs more than 10 Lakhs Additional Engineers by 2050 for RE Vision: CMD, IREDA at 39th Indian Engineering Congress

Currently, India is the 4th largest country in terms of jobs in the Renewable energy sector with ~1 million jobs of the ~16 million jobs globally. By 2050, ~43 million jobs will be needed in the RE sector globally with ~8.5 million jobs in India alone.

ClimateTech Startup Fitsol raises $1 Million in Seed Funding from Transition VC

Fitsol empowers manufacturers to achieve decarbonisation through its AI-driven flagship platform ‘Kyoto’ and sustainability marketplace, actively enabling Scope 1,2, and 3 emissions reduction

Sterlite Power wins green energy transmission project in Rajasthan

Sterlite Power has been awarded the transmission project for evacuation of power from renewable energy zones in Rajasthan under Phase-III Part G.

Waaree Energies Ltd. Joins the United Nations Global Compact, Strengthening Its Commitment to a Sustainable Future

Waaree Energies’ latest move reflects upon the company’s resolve to implement socially responsible policies while supporting global sustainability objectives.

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