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Bharti, Soft Bank plan renewable energy foray

Bharti, Soft Bank plan renewable energy foray
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Telecom major Bharti has tied up with Japan´s Soft Bank and JBIC for foraying into renewable energy.

Bharti Enterprise Chairman Sunil Bharti Mittal, Soft Bank Chairman Masayoshi Son and JBIC Senior MD Tadashi Maeda called on PM Narendra Modi and expressed keenness to invest in the renewable energy sector in India as part of the ¨Make in India¨ initiative.

Modi has set a target of stepping up of India´s solar power capacity target by five times to 100 gigawatt by 2022 at an estimated investment of Rs 6 lakh crore.

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