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Renewable Energy Joint Venture by Oil India and Rajasthan Rajya Vidyut Utpadan Nigam

Sector: Oil and Gas • Location: Rajasthan, India

Source: Mercomindia.com

Project
Approved

Oil India's board approved the formation of a 50:50 joint venture with Rajasthan Rajya Vidyut Utpadan Nigam to develop renewable energy projects. The board also approved transferring renewable energy assets to its subsidiary OIL Green Energy at book value as per business transfer agreement provisions.

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The project “Renewable Energy Joint Venture by Oil India and Rajasthan Rajya Vidyut Utpadan Nigam” is an infrastructure initiative in the Oil and Gas sector, located in Rajasthan, India. Taiyo aggregates data on it from Mercomindia.com.

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Participants

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Status

Original status

approved

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Description

Description

Oil India's board approved the formation of a 50:50 joint venture with Rajasthan Rajya Vidyut Utpadan Nigam to develop renewable energy projects. The board also approved transferring renewable energy assets to its subsidiary OIL Green Energy at book value as per business transfer agreement provisions.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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