Saudi Arabia, BP eye major Indian solar play


Saudi Arabia is interested in partnering with India for developing complementary supply chains as well as deploying finance and new technologies

Saudi Arabia, BP eye major Indian solar play

In what may further reduce India’s solar power tariffs, Saudi Arabia is interested in partnering with India for developing complementary supply chains as well as deploying finance and new technologies here.

Also, Lightsource BP is betting big for developing solar power projects here through its partnership with the National Investment and Infrastructure Fund of India (NIIF).

“We discussed with Indian leadership the opportunities to synergise our vision with India,” said Khalid A. Al-Falih, Saudi Arabia’s energy, industry and mineral resources minister at the India Energy Forum by CERAWeek on Monday.

He added that the idea was to develop solar supply chains that complement each other as well as investing here in the space. Read more

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