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Last Updated : Oct 03, 2018 01:13 PM IST | Source: Reuters

SoftBank proposes to offer free power to solar alliance countries

SoftBank said in 2015 that it would foray into India's solar energy market, and invest up to $20 billion along with Foxconn Technology and Bharti Enterprises, aiming a capacity of up to 20 gigawatts.

Japan's SoftBank Group Corp has proposed to offer free electricity, after 25 years, to International Solar Alliance member-countries that sign power purchase agreements, Chief Executive Masayoshi Son said at a renewable energy conference in New Delhi on Wednesday.

SoftBank said in 2015 that it would foray into India's solar energy market, and invest up to $20 billion along with Foxconn Technology and Bharti Enterprises, aiming a capacity of up to 20 gigawatts.
First Published on Oct 3, 2018 12:57 pm
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