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Ofgem proposes £5-8 billion fund to accelerate UK energy transmission projects
Ofgem has launched a consultation on a proposed Advanced Procurement Mechanism (APM) that aims to invest between £5 billion and £8 billion to help Britain’s energy transmission owners reduce delays, control costs, and attract global investment in the transition to net zero. The consultation runs until December 18, 2024. The APM will allow transmission owners…
ACME Solar wins 130 MW RTC project from REMC
ACME Solar Holdings Limited today announced that it has received a Letter of Award (LOA) from REMC Limited for a 130 MW renewable energy round-the-clock power project. The project has been awarded to a domestic entity at a tariff of Rs. 4.35 per kWh. The tariff will remain fixed for the entire 25-year project period….
Avina Clean Hydrogen completes FEED of ammonia plant in Texas
Avina Clean Hydrogen (Avina) has completed the Front-End Engineering Design (FEED) and Front-End-Loading (FEL-3) for its 2,200 metric tons per day (MTPD) clean ammonia facility on the Texas Gulf Coast. The final investment decision (FID) for the facility is targeted for 2025. The facility is expected to produce up to 600,000 metric tonnes per annum…
Oswal Pumps posts strong revenue growth in 9M FY26
Oswal Pumps Limited reported strong financial performance for the third quarter and the first nine months of FY26. For the nine-month period ended FY26, total income rose to Rs 15,692 million, reflecting a 47.0% increase compared to the same period last year. Profit after tax (PAT) stood at Rs 2,837 million, translating into a margin…
Exide Industries invests Rs 100 crore more in EESL
Exide Industries Limited has infused a further Rs 100 crore into its wholly owned subsidiary, Exide Energy Solutions Limited (EESL), through a rights issue subscription. The investment was announced on February 24, 2026, taking the parent company’s total contribution to the lithium-ion battery venture to Rs 4,352.23 crore while retaining a 100 % stake. The…
- India | Generation | News
Ministry of Coal begins scientific mining in Meghalaya
The Ministry of Coal has started scientific coal mining in Meghalaya with production commencing at two blocks: Saryngkham A in East Jaintia Hills and Pyndengshahlang in West Khasi Hills. Saryngkham A received mining permission on March 10, 2025, and production began on June 3, 2025. Pyndengshahlang was approved on May 2, 2025, with operations starting…
