SUBSCRIBERS
Softbank, Bharti, Foxconn to invest US$20b in India solar projects
Published Mon, Jun 22, 2015 · 09:50 PM
New Delhi
JAPAN'S Softbank Corp, together with Bharti Enterprises and Taiwan's Foxconn, will invest about US$20 billion in solar projects in India, in one of the biggest investment pledges to date in the country's renewable energy sector.
Softbank, which previously said it would invest US$10 billion in India over time, said on Monday the companies had agreed on a minimum commitment of generating 20 gigawatts of energy.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
IBM plots US$730 million expansion of Canadian semiconductor site
Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early
Yeo Guat Kwang, John Chen retiring from corporate boards
US: Wall St opens higher
Air China orders homegrown C919s in challenge to jet duopoly
HCA beats first-quarter profit estimates on higher patient admissions