Prime Minister Narendra Modi‘s dream to attract foreign players to invest in India's renewable energy space is only getting clearer. ENGIE is in advance talks to acquire 80 percent stake in Kiran Energy from 3 private equity investors who are looking to exit completely.
CNBC-TV18 learns that the company is likely to have conducted an initial round of inspection at the plant which is one of the assets GMR is trying to monetize to pare it Rs 40000 crore debt.
State-owned gas utility GAIL India Ltd has signed a contract with French energy giant GDF Suez to import 0.8 million tonnes of liquefied natural gas (LNG) from 2013 to 2014.
GAIL India has signed pact with GDF Suez to build floating LNG terminal, reports CNBC-TV18, quoting DowJones.
Suzlon Group- subsidiary, REpower Systems SE, has signed a framework contract with Maïa Eolis, a subsidiary of Maïa Group and GDF Suez, for the supply of up to 250 megawatts (MW) for onshore wind farms in France.
Wind Turbine maker Suzlon Energy’s arm REpower has signed a contract with La Compagnie du Vent of GDF Suez Group to deliver 23 wind turbines.