Express Computer
Home  »  News  »  SANY Group to invest USD 3 Billion in renewable energy for Make in India

SANY Group to invest USD 3 Billion in renewable energy for Make in India

0 415

Sany will establish efficient technologies for Off-Shore Wind Power Generation. Sany Group will bring in its relevant expertise, operational excellence and global best practices for development of Renewable Energy in India.

Sany Group,a manufacturing companies of construction equipment, has announced the signing and handover of Green Energy Commitment to the Prime Minister of India towards development of 2000 Mega Watt of Renewable Energy Projects with investments of USD 3 Billion (Rs. 20,000 Crores) for the period 2016-20.

Besides generating 4.8 TWh of green and clean power annually these projects will generate 1000 Jobs and prevent carbon emissions of around 3.6 million tons per year. Sany will establish efficient technologies for Off-Shore Wind Power Generation. Sany Group will bring in its relevant expertise, operational excellence and global best practices for development of Renewable Energy in India.

Currently, the company employs about 30000 people globally and 269 people across India. Sany Group entered India market in 2002 and established a manufacturing plant in 2009 in Chakan, Pune. In India, the company operates in Excavator, Cranes, Concrete Machinery, Port Machinery, Road and Renewable Energy businesses.

“We are keen on seeing China investing more in India, especially in the manufacturing sector and partnering with India to make India a world class manufacturing base for production. This initiative is yet another step towards the ‘Make in India’ drive launched by our Prime Minister and we welcome SANY and the delegation and look forward to working closely with them to strengthen the bond between the two countries,” said Amitabh Kant, Secretary, Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce & Industry, Government of India.

Get real time updates directly on you device, subscribe now.

Leave A Reply

Your email address will not be published.

LIVE Webinar

Digitize your HR practice with extensions to success factors

Join us for a virtual meeting on how organizations can use these extensions to not just provide a better experience to its’ employees, but also to significantly improve the efficiency of the HR processes
REGISTER NOW 

Stay updated with News, Trending Stories & Conferences with Express Computer
Follow us on Linkedin
India's Leading e-Governance Summit is here!!! Attend and Know more.
Register Now!
close-image
Attend Webinar & Enhance Your Organisation's Digital Experience.
Register Now
close-image
Enable A Truly Seamless & Secure Workplace.
Register Now
close-image
Attend Inida's Largest BFSI Technology Conclave!
Register Now
close-image
Know how to protect your company in digital era.
Register Now
close-image
Protect Your Critical Assets From Well-Organized Hackers
Register Now
close-image
Find Solutions to Maintain Productivity
Register Now
close-image
Live Webinar : Improve customer experience with Voice Bots
Register Now
close-image
Live Event: Technology Day- Kerala, E- Governance Champions Awards
Register Now
close-image
Virtual Conference : Learn to Automate complex Business Processes
Register Now
close-image