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Acme Solar board clears fundraising of Rs 3,000 crore
Acme Solar Holdings Limited has approved a proposal to raise up to Rs 3,000 crore. The matter will be placed before shareholders at the company’s annual general meeting on 29 September 2025. The fundraising plan enables the company to raise an aggregate amount of up to Rs 3,000 crore in one or more tranches. The…
Hinduja Group to invest Rs 20,000 crore in Andhra Pradesh for energy and EV projects
The Hinduja Group has committed to invest Rs 20,000 crore in Andhra Pradesh in multiple phases after discussions with Chief Minister N. Chandrababu Naidu in London. The investment will focus on expanding power generation, renewable energy capacity, and electric vehicle manufacturing in the state. Naidu met Ashok Hinduja, Chairman of Hinduja Group India; Prakash Hinduja,…
NTPC and Indian Army to establish solar hydrogen microgrid in Ladakh
NTPC, in partnership with the Indian Army, is set to deploy a solar hydrogen-based microgrid at Chushul, Ladakh, aimed at providing stable, renewable power to off-grid Army locations. The 200 kW microgrid system will use hydrogen as an energy storage medium, replacing diesel generators currently operating at the remote site, situated at an altitude of…
India | Leadership | NewsBajaj Electricals appoints Ashween Anand as CFO
Bajaj Electricals Limited has appointed Ashween Anand as Chief Financial Officer (CFO), effective May 16, 2026. In her new role, Anand will lead the company’s finance function and oversee financial strategy, capital allocation, governance, compliance, and transformation initiatives. Anand brings more than 16 years of experience across finance, strategy, and governance. During her career, she…
TERI unveiled policy brief for India’s green hydrogen roadmap towards decarbonization
The Energy and Resources Institute (TERI) has unveiled a policy brief, Green Hydrogen – Path to Decarbonization, thoroughly analysing India’s green hydrogen initiatives.  India’s targets under the Green Hydrogen Mission include 5 million tons of green hydrogen annually by 2030, potentially increasing to 10 million tons as demand grows. The government has allocated Rs 197.44…
Refex Green sets up three CBG SPVs for waste-to-gas projects
Refex Green Power Limited, a wholly owned subsidiary of Refex Industries Limited, has incorporated three new step-down subsidiaries to develop municipal solid waste-based bio-compressed natural gas (CBG) plants. The new entities are Refex CBG SPV Limited, Refex CBG SPV (Salem) Limited, and Refex CBG SPV (Madurai) Limited. Each of them has been established with a…
