The Masayoshi Son-led SoftBank group has proposed offering free power from its solar plants in India, after 25 years of service period under power purchase agreements. Recently, the Union government had cancelled a bid by SB Energy, a unit of Japanese conglomerate SoftBank, for a solar power project, saying it was “too high’’.
Speaking at the second Re-Invest conference on Wednesday, Son, SoftBank CEO, announced that SB Energy’s solar power plants would extend the free-power offer to all member countries of the International Solar Alliance (ISA).
“As long as you have the land, and sunshine, as long as you have