New player enters renewable energy sector

The renewable energy sector has got a new player now, in the form of Avyan Renewable Solar Pvt Ltd.

The new company has been formed by Pashupathy Shankar Gopalan, who used to head the Indian operations of the renewable energy company, SunEdison, till the company collapsed in April last year.

Papers have been filed with the Registrar of Companies, and they say Avyan Renewable Solar Pvt Ltd is into “steam and hot water supply”, said a report in Business Line.

It is learnt that the company has been formed with an authorised capital of Rs 10 lakh and is headquartered in Chennai.

Research Desk

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Apollo Tyres to invest Rs 525 cr in AP greenfield facility

Mon Mar 20 , 2017
Apollo Tyres will invest Rs 525 crore in the greenfield facility it would establish in Andhra Pradesh. Recently, the tyre major entered into an agreement with the Andhra Pradesh government for a greenfield manufacturing plant. As part of it, Apollo Tyres will get a host of concessions, including VAT/CST/SGST and […]
Apollo Tyres to invest Rs 525 cr in AP greenfield facility

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