Oil major Repsol said on Wednesday it had bought the electricity assets of fellow Spanish firm Viesgo for 750 million euros ($868.73 million) as part of a bid to diversify into low-emissions business.
India will get technical cooperation from Spain to design and execute Rapid Rail Transit System (RRTS)—a first-of-its-kind project in the country with a designated speed of 180 kmph.
An Indo-Spanish technical cooperation agreement was signed between the National Capital Region Transport Corporation (NCRTC) and the Administrador de Infraestructuras Ferroviarias (ADIF), Spain.
The MoU, signed on 30th May, 2017 at Spain, will help in strengthening bilateral cooperation between the two countries with the exchange of expertise and networking of information.
The Union Cabinet chaired by the Prime Minister Narendra Modi was apprised of the recent Memorandum of Understanding (MoU) signed between India and Spain on India-Spain Cooperation in renewable energy.
India leads Spain, UK in wind energy generation; affordable solar panels could cause a clean energy boom
Renewable energy is an area that is expected to take off in India, thanks to the ambitious mission stated by the Ministry of New and Renewable energy.
Modi stands for Making of Developed India: Naidu Projects of $7 billion on the offer in Round One of Smart Cities
The Indian urban juggernaut has begun rolling showcasing projects worth $7 billion as its first offering in the twenty lighthouse