You are here: Home » Current Affairs » News » National
Business Standard

Softbank expected to invest up to $100 bn in India's solar power project

SoftBank and the Indian government are expected to make an announcement soon

Reuters  |  Tokyo 

SoftBank Group Corp has decided to invest $60 billion-$100 billion in a solar power project in India, Japanese public broadcaster NHK reported on Friday. SoftBank and the Indian government are expected to make an announcement soon after final arrangements and made, the report said. The company is expected to make the investment through a fund backed by Saudi Arabia's government, NHK said. SoftBank was not immediately available for comment. ALSO READ: Paytm receives final tranche from $445 mn funding from SoftBank, Alibaba SoftBank said in March its Vision ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Fri, June 15 2018. 07:53 IST
RECOMMENDED FOR YOU