Power Sector Sees 9% Hiring Growth
POWER & RENEWABLE ENERGY

Power Sector Sees 9% Hiring Growth

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.

The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

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.

Next Story
Real Estate

Inorbit Malls acquires retail property in Hubballi

Inorbit Malls has made a significant move by acquiring a ready-to-launch retail property spanning 6.5 lakh square feet in Hubballi, Karnataka. This strategic acquisition marks the company's first venture into the Karnataka market, enhancing its portfolio and presence in the region. The new property, located in a bustling area, is expected to attract various national and international brands, providing a boost to local retail. Inorbit's CEO expressed enthusiasm about the expansion, emphasising the potential for growth in Hubballi, which is emerging as a key retail destination. The development..

Next Story
Real Estate

Phoenix Mills’ arm Casper Realty wins bid for prime plots in Mohali

Casper Realty, a subsidiary of Phoenix Mills, has successfully secured two prime plots in Mohali for Rs 891 crore. This acquisition marks a significant addition to the company’s real estate portfolio and reflects its ongoing commitment to expanding its footprint in key markets. The two plots are strategically located and are expected to support the development of commercial and retail spaces. This investment aligns with Casper Realty's long-term vision to enhance urban landscapes and provide high-quality spaces for businesses and consumers alike. Phoenix Mills continues to focus on growth ..

Next Story
Infrastructure Urban

Jindal plans Rs 1,500 cr investment to expand production capacity

Jindal India is set to invest Rs1,500 crore to enhance its production capacity. This investment is aimed at meeting the growing demand for its products and strengthening its market position. The expansion will focus on increasing efficiency and output across various facilities. The company’s strategy includes upgrading technology and processes, which is expected to boost productivity and reduce operational costs. Jindal India is confident that this investment will support its long-term growth objectives and help maintain a competitive edge in the industry. The move comes as part of Jindal ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000