Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.
Singapore’s CapitaLand mulls foray into renewable energy sector in India
Singapore-headquartered CapitaLand is considering the renewable energy sector as an industry where it can operate and grow in India. The global real estate investment and management firm’s proposed push towards renewable energy space is aimed at meeting its own clean energy requirements and also emerging as a third-party supplier in the future. Solar is expected to account for about 80% of the renewable assets.CapitaLand, previously known as Ascendas, has a well-diversified portfolio in India with assets across business parks, logistics, and industrial infrastructure and serviced apartments and data centres in seven cities in India. With over three decades of operations in India, its total assets under management are about INR 31,000 crore.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.