Power Minister RK Singh urges Saudi businesses to invest in India RK Singh (File photo)
News Updates

Power Minister RK Singh urges Saudi businesses to invest in India

Union Minister RK Singh has urged investors in Saudi Arabia to invest in the domestic new and renewable energy industry

PTI

New Delhi: Union Minister RK Singh has urged investors in Saudi Arabia to invest in the domestic new and renewable energy industry, an official statement said on Tuesday.

The Minister sought the investment while addressing a gathering of Saudi business personalities and investors in Saudi Arabia on Monday, Ministry of New and Renewable Energy (MNRE) said.

"India and Saudi Arabia have agreed to promote investments in each other's country in the new and renewable energy sector. Singh has invited them (Saudi business personalities and investors) to invest in India in the new and renewable energy sectors like solar energy, wind power, green hydrogen etc," it said.

Earlier in the day, the Union Minister for Power, and New and Renewable Energy held bilateral discussions with Saudi Minister of Investment HE Khalid Al-Falih.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Odisha demands Rs 3,069 crore from Centre under RDSS

NTPC profit rises 11% to Rs 6,108.46 crore in April-June

GSL launches 6th Fast Patrol Vessel ‘ICGS Atal’

Massive delays in commercialisation of railway land by RLDA, says PAC report

PSAs pending for 43.92 GW of renewable energy capacity: Minister tells RS