Ambani, Adani, others to invest $3-4 billion into solar
19 firms bid for setting up solar equipment manufacturing units under the PLI scheme.
19 firms bid for setting up solar equipment manufacturing units under the PLI scheme.
Solar Industries blasted its way to the top of India’s little-known explosives sector. It is now betting on an ambitious defence play to break into the big time.
Bazmi Husain returned to India just as the slowdown was beginning to bite. ABB’s core business of conventional power was in the doldrums. He needed fresh ideas. Looking within, he discovered that he could make a play for the alternative energy space without spending a penny. And thus began ABB’s foray into solar.
Why the future looks bright for India’s leading power producer and trader’s solar venture.
Much of the thrust for industry to become energy efficient will require huge financing from banks. But it seems they are reluctant to fund the efforts.