Power Sector Sees 9% Hiring Growth

31 Jul 2024 CW Team

India's power and energy sector has experienced a notable 9% increase in hiring during the first half of fiscal year 2024-25 (H1 FY25), according to a recent report. This growth reflects a robust demand for skilled professionals and highlights the sector's ongoing expansion and development.

The increase in hiring is attributed to several factors, including the government's focus on enhancing energy infrastructure, a surge in renewable energy projects, and the need for modernization in traditional power generation facilities. The sector's growth is driven by ambitious targets for renewable energy capacity, such as the expansion of solar and wind projects, and investments in smart grid technologies and energy efficiency initiatives.

Companies in the power sector are ramping up recruitment to support these initiatives, aiming to address the growing need for technical expertise and project management skills. The hiring surge also indicates a positive outlook for the sector's future, with increased opportunities for job seekers and a heightened emphasis on innovation and sustainability.

This growth in employment aligns with India's broader energy transition goals and its commitment to enhancing the reliability and sustainability of its power supply. It underscores the sector's role in supporting the country's economic development and the drive towards a greener energy future.

Overall, the 9% increase in hiring in the power and energy sector signifies a period of growth and opportunity, reflecting the sector's critical role in meeting India's energy needs and advancing its sustainability objectives.

Building Material

12 Sep 2025

Trishakti Industries Secures Major Tata Steel Order

Trishakti Industries Limited has secured a significant order from Tata Steel Ltd for the deployment of advanced machinery and skilled manpower at one of the steel major’s flagship project sites.The contract, awarded domestically, involves the hiring of machines along with manpower, with execution set to be completed by 20th September 2025. The initial contract period is 12 months. The total fresh capital expenditure for the project is approximately Rs 1.5 million, while the overall contract value is expected to exceed Rs 5 million inclusive of taxes.This order marks a reinforcement of top-ti..

Kalpataru Projects Secures Rs 27.2 Billion in New Orders

Kalpataru Projects International Limited (KPIL), a leading EPC player in the power transmission and distribution (T&D) and civil infrastructure sector, along with its international subsidiaries, has received new orders and notifications for projects worth approximately Rs 27.2 billion.The projects include:Power Transmission & Distribution (T&D) initiatives in India and overseas.Buildings and Factories (B&F) projects in India.Manish Mohnot, MD & CEO of KPIL, said, “We are delighted with the strong ordering momentum in our T&D and B&F businesses. The orders include ..

ACME Solar Secures Rs 38.92 Billion Financing for Barmer Project

ACME Solar Holdings rose 2.05 per cent to Rs 308.50 after its wholly owned subsidiary, ACME Venus Urja, secured long-term project financing of Rs 38.92 billion from the State Bank of India (SBI).The funds will be utilised for the development and construction of a 400 MW Firm and Dispatchable Renewable Energy (FDRE) project in Barmer, Rajasthan. The loan repayment is structured over 19 years.The Barmer-based FDRE project is contracted with NHPC at a tariff of Rs 4.64 per unit. It will integrate solar power generation with a Battery Energy Storage System (BESS) to ensure higher reliability and d..