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Andhra government signs MoU with Adani group for Rs 70,000 crore data centre parks

By : editor_2, Jan 10, 2019

The Andhra Pradesh Government on Wednesday signed a memorandum of understanding with the Adani Group to build data center parks in and around Visakhapatnam over the next 20 years. The ambitious...

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Mahindra to invest ₹1,000 crore by 2020 for electric vehicles

By : editor_2, Nov 16, 2018

Mahindra and Mahindra Ltd on Wednesday unveiled plans to invest as much as ₹1,000 crore in Karnataka to build a facility for the development and manufacturing of electric vehicles (EVs)....

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CDPQ to buy 40% stake in CLP India for $365 mn

By : editor_2, Sep 17, 2018

Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) has agreed to acquire a 40% stake in power producer CLP India Pvt. Ltd for Rs 2,640 crore ($365 million) in cash....

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Global power and utilities deals reach all-time high in H1

By : editor_2, Sep 5, 2018

The value of deals in the global power and utilities sector reached an all-time high of $180 billion in the first half of this year, research by accounting firm EY showed on Tuesday...

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