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Sembcorp buys remaining stake in Sembcorp Energy India for Rs 406 crore
By : Sustainability ..., Dec 5, 2019
Singapore-based Sembcorp Industries said on Wednesday that it is taking over complete ownership of its India business unit, Sembcorp Energy India (SEIL), by acquiring its remaining 5.95% stake from Gayatri Projects (GPL) for Rs 406 crore. SEIL has more than 4,300 MW of...Read more..
India: Shell joins the solar boom with acquisition of Orb Energy
By : Sustainability ..., Oct 10, 2019
Global oil major Shell has taken another step towards India’s growing renewable energy market by purchasing a 20% stake in Bangalore-based Orb Energy, a company that provides credit to small and medium-sized enterprises (SMEs) to install rooftop PV. Founded in 2006, Orb...Read more..