Sumitomo Corporation has announced the formation of a joint venture with India’s AMPIN Energy Transition Private Limited, to develop renewable energy sources and expand the corporate Power Purchase Agreement (PPA) business in India.
This collaboration marks Sumitomo Corporation’s entry into India’s corporate power purchase agreement market…
Sumitomo, which holds 49% in the JV with AMPIN Energy Transition having the rest, said the two planned to supply energy from solar and wind to clients in India and to make 100 billion yen ($710 million) in total investments in the project
Tokyo-based Sumitomo Corporation will invest $710 million to build renewable energy (RE) projects in India, in collaboration with New Delhi-based AMPIN Energy Transition.
Japanese trading house, Sumitomo Corporation, will invest over Rs 5900 crore (100 billion yen) to set up a…
Under the agreement, AMPIN will hold a 51% majority in the JV, with Sumitomo Corporation holding the remaining 49%. The allocated fun…
