New Delhi-headquartered Indian Gas Exchange (IGX), a digital trading platform for imported natural gas, and Gurugram-based ACME Group that offers solutions for green hydrogen, ammonia, solar power and sustainable food using renewable energy, signed an agreement to develop India's green hydrogen and ammonia market. The MOU was signed during India...
Brookfield to Invest Close to $1 Billion in India’s Avaada Group
Canadian investor Brookfield is in advanced discussions to invest up to $1 billion through multiple tranches in Avaada Ventures Pvt Ltd (AVPL), parent entity of Avaada Group. The first tranche of $400 million has been paid out. As programs scale up, the remaining $600 million will be allocated depending on performance-related milestones. Upon completion...