Kumar Mangalam Birla-controlled Aditya Birla Nuvo Ltd will sell 49% stake in its wholly owned subsidiary Aditya Birla Renewables Ltd to a unit of international private equity firm Abraaj Group to build a renewable energy platform focused on developing solar power plants in India. The...
Category "Renewable Energy"
Renewable Energy Opportunity in India
As a part of India’s energy supply, Prime Minister Narendra Modi is focusing more on renewable energy. The focus is basically on solar projects which can be known from the 2014-15 budget declared by Finance minister Arun Jaitley. There is a plan to build 100,000...