Mahindra, Canada’s Manulife to invest Rs 7,200 crore in life insurance JV
According to the stock exchange filing, the total capital commitment for the venture will be Rs 7,200 crore, with each company investing Rs 3,600 crore. T
According to the stock exchange filing, the total capital commitment for the venture will be Rs 7,200 crore, with each company investing Rs 3,600 crore. T
Debasish Nanda, Director (Business Development) CIL and Shri. R K Singhal, Director (Business Development) GAIL inked the JVA on behalf of CIL and GAIL respectively.
The planned JVs aim to enable India’s transition from a grey hydrogen economy to a greener economy that increasingly manufactures hydrogen via electrolysis powered by renewable energy.