New Delhi: Solar power developers in the country have demanded that the government should hold back the imposition of basic customs duty (BCD) on solar equipment for the time being in the forthcoming budget. They fear that this could derail the government’s ambitious target of having 175GW renewables by 2022, requiring an investment flow […]
Suzlon Group appoints Ashwani Kumar as group CEO
Ashwani Kumar, has over three decades of experience in projects, business development and finance at leading Indian power and infrastructure companies, is an alumnus of IIM Bangalore and The Harvard Business School Mumbai: Suzlon Energy on Friday said it has appointed Ashwani Kumar as its group chief executive officer (CEO) according to a statement filed […]
Suzlon Energy has found a new suitor, says chairman Tulsi Tanti
Development comes after rescue plan involving the purchase of a majority stake by Brookfield faltered Tanti says Suzlon Energy can’t disclose the name as it has signed a confidentiality agreement NEW DELHI : Suzlon Energy Ltd has found a new suitor even as a rescue plan of Canada’s Brookfield Asset Management Inc. faltered, said Tulsi […]
Vibrant Gujarat Summit: Rs 1 lakh cr MoUs signed in renewable power space
MoUs proposing investment of more than Rs 1 lakh crore were signed in the renewable energy space on the final day of the Vibrant Gujarat Summit (VGS) on Sunday. The Memorandums of Understanding would create more than 10,000 jobs upon completion, which is expected by 2020 and 2021, said officials. The Solar Energy Corporation of […]