Hitachi Ltd., the diversified Japanese conglomerate, said it’s seeking to double sales in the South Asian region where the company’s “most important project” is India’s first bullet train line.
Renewable energy firm Siemens Gamesa on Monday said it has begged multiple orders totalling 326 megawatt (MW) wind power capacities across India.
By some measures, Mexico and Turkey come out as the most attractive emerging markets for 2018.
Canada Pension Plan Investment Board (CPPIB) on Monday said it is acquiring a 6.3% stake in ReNew Power Ventures Pvt. Ltd from Asian Development Bank for $144 million.
With 187 generation units, the company’s operations are spread across the country, helping meet the base load for India’s power demand.
Prime Minister Narendra Modi will showcase India as one of the key engines of global economic growth and outline the reforms his administration has carried out to make Asia’s third-largest economy a seamless and more investor-friendly market at the World Economic Forum (WEF) annual meetings beginning in Davos on Tuesday
Union minister for road transport and highways Nitin Gadkari said the government’s electric vehicle (EV) policy has been drafted by NITI Aayog, the country’s apex planning body, and is currently pending approval by the Cabinet.
State-owned RITES has filed draft papers with markets regulator Sebi to raise an estimated Rs600 crore through an initial share sale.
India’s first auction of oil and gas blocks under a new liberal licensing regime on Thursday is set to test investor appetite at a time when renewable sources of energy are threatening the dominance of fossil fuels.
The Tata group has hired EY to explore the sale of Tata Petrodyne Ltd (TPL), its oil and gas exploration and production business, two people aware of the development said.