01-01-1970 12:00 AM | Source: Reuters
Shell to buy Indian renewable power platform for $1.55 billion
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Shell Plc on Friday agreed to acquire India-based renewable power platform Sprng Energy group for $1.55 billion, as the global oil and gas major looks to expand its a low-carbon power generation portfolio in the country.
Shell said its unit, Shell Overseas Investment, would buy 100% of Solenergi Power Private Limited, the flagship company of Sprng Energy group, from UK-based investor Actis.
Latest News
Buy Apollo Pipes Ltd or Target Rs. 276 By Yes Secur...
Renowned Musician Avadhoot Gupte Acquires Rs. 7.7 Cr...
C/D Ratio Nudges Downwards as Credit Offtake Moderat...
US Elections 2024: Limited Impact Expected on Indian...
Buy Godawari Power & Ispat Ltd or Target Rs. 276 By...
Views on Effect of US Elections on Indian Markets by...
HCLFoundation and UP Government Sign MoU to enhance ...
Quote on Markets By Vikram Kasat, Head - Advisory, P...
Qlik Opens Registration for Qlik Connect 2025, Its A...
Dr Reddy's Laboratories Ltd. Q2FY25 Result First Cut...
