Japan’s Orix Buys 873 Megawatts Of Wind Capacity In Indian Stressed Asset Sale
The spiraling liquidity crunch and ‘bad loans’ problem in India has forced one of the companies to sell its wind energy assets.
The spiraling liquidity crunch and ‘bad loans’ problem in India has forced one of the companies to sell its wind energy assets.
Japan-based financial services company Orix Corporation is reportedly planning to acquire 100% stake in a wind energy investment is already has in India.
Global energy behemoth ExxonMobil is reportedly in talks with an Indian company to initiate a partnership in the clean energy sector. The US-based company seems to have been attracted by the pro-clean energy policies in India and an increase interaction between Indian and American businesses over the last few years.