Softbank has proposed to supply electricity free of cost in India once the power purchase agreement completes a period of 25 years, the Japanese conglomerate’s founder and CEO Masayoshi Son said.
“Money is not an issue. Technology is not an issue anymore,” Son said. “I will have recouped my investment during the PPA period. I have to pay back to the society after that,” he said.
Son said that solar panels can be potentially maintained for a period of 80 years. Son was addressing the second edition of government’s flagship renewable energy event Re-invest on Wednesday. Read More
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