ADIA eyes India's burgeoning renewables sector
A supportive regulatory regime for renewables in India - and the country's strong growth - has put the South Asian giant firmly in the sights of the UAE's sovereign wealth fund.
The sovereign wealth fund of the United Arab Emirates (UAE), Abu Dhabi Investment Authority (ADIA), is seeing strong potential in India's renewable energy sector as the South Asian country seeks to power economic growth.
“ADIA will continue to invest in Indian renewables as the country's electricity demand is likely to grow more than in any other major economy in the coming decades,” Karim Mourad, global head of infrastructure, at the sovereign wealth fund told AsianInvestor.
De…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.