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Softbank, Bharti, Foxconn to invest US$20b in India solar projects

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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.

    SoftBankFoxconn

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