Sumant Sinha led ReNew Power Ventures Pvt Ltd, a Goldman Sachs backed clean energy company -- is in active discussions with Orange Renewable to acquire its portfolio of a little over 600 MW of predominantly wind and a smattering of solar assets for Rs 6175 crore ($950 million) of enterprise valuation, according to multiple officials in the know.
Events and opinions
'No evidence could be produced to contradict the version of the accused'
A new trial of Kazakh businessman Tokhtar Tuleshov began on July 13, in which he is charged with a number of offenses including attempting to overthrow the government, extremism, and illegal weapon possession. Eight co-defendants are also being charged with tax evasion, financial fraud, and bribery in the trial.
Implausible as it might seem, a day will come when Kazakhstan will have a president other than the one now in power.
After operations at its headquarters were suspended last week, Jehovah’s Witnesses in Kazakhstan fear their country’s government is going down the same path as neighboring Russia, where the Christian group was effectively banned earlier this year.
A former business associate of President Donald Trump has agreed to cooperate in an international money laundering investigation targeting a Kazakh family whom he helped make real estate deals with Trump, the Financial Times reported Thursday.
This month, Kazakhstan kicked off Astana Expo 2017, the first international exposition to be held in the former Soviet Union. The theme of Astana’s Expo is “Future Energy.” Heads of Asian and European powers, including President Xi Jinping, Indian Premier Narendra Modi, and King of Spain Felipe VI, among others, opened the Expo together with Kazakh President Nursultan Nazarbayev.
Recycling trashcans are everywhere you look at the Future Energy EXPO in Kazakhstan’s capital. For a region in which sprawling, smoldering, methane-emitting landfill sites are the norm, the message is a clear one: the future is green.
Teodoro Nguema Obiang Mangue, whose father is president of Equatorial Guinea, went on trial Monday in France for embezzling more than US$ 112 million of state money to fund a lavish lifestyle in Paris.
After a quarter century of independence, the fragmentation of Central Asia is evident to all. A senior official there might justifiably complain about how each country “[is] pursuing its own limited objectives and dissipating its meager resources in the overlapping or even conflicting endeavors of sister states.”