Greenko Energy to buy TAQA´s hydro power unit
Greenko Energy is set to acquire an Indian hydro power unit from Abu Dhabi´s TAQA for Rs 650 crore. Abu Dhabi National Energy Company, popularly known as TAQA (´energy´ in Arabic), operates the near-complete 100 MW Sorang project in Himachal Pradesh.
TÜV Rheinland awarded ADGAS Certificate of Recognition
TÜV Rheinland Middle East recently received a certificate of recognition from the Abu Dhabi Gas Liquefaction Company Limited for their consistent engineering support and excellent customer service during 2015.
Abu Dhabi Sovereign Fund ADIA eyes $200 million investment in Greenko
Six months after making its first bet on India´s fast growing renewable energy sector, sovereign wealth fund (SWF) Abu Dhabi Investment Authority (ADIA) is in advance negotiations with Hyderabad-based Greenko Group to invest between $170-$200 million for a minority stake, sources informed.
Renew Power raises $265 million through equity
Renew Power, has raised $265 million in new equity from a subsidiary of Abu Dhabi Investment Authority, Goldman Sachs and Global Environment Fund, to increase its electricity generating capacity from clean sources.
UAE open to meeting Indian oil demand: Minister
The United Arab Emirates is open to meeting any demand for oil from India, the Gulf OPEC member´s economy minister Sultan bin Saeed al-Mansouri told the media after his meeting with PM Modi.
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