2 Chinese companies to invest $5 bn in renewable power sector

16-Oct-2015 #MakeInIndia Source: The Times of India

Two Chinese companies, Sany Group and Chint Group have announced to invest around $5 billion in the country’s renewable power sector in lines with PM Narendra Modi’s ‘Make in India’ project. As per the announcement, Chint, which specializes in industrial equipment and energy, will invest around $2 billion in solar projects of the country while Sany, one of China’s leading manufacturers of construction equipment will invest around $3 billion in five years for setting up wind turbines.

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