{"id":362138,"date":"2020-07-10T10:06:33","date_gmt":"2020-07-10T04:36:33","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=362138"},"modified":"2020-07-10T10:06:33","modified_gmt":"2020-07-10T04:36:33","slug":"eesl-shell-in-talks-for-rs-40000-crore-jv","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/eesl-shell-in-talks-for-rs-40000-crore-jv\/","title":{"rendered":"EESL, Shell in talks for Rs 40,000 crore JV"},"content":{"rendered":"<p>New Delhi: State-run Energy Efficiency Services Ltd (EESL) is in talks with oil major Royal Dutch Shell for a joint venture to invest over Rs 40,000 crore in setting up 5,000 MW decentralised solar plants with storage for low-cost electricity in rural India.<\/p>\n<p>EESL is also in talks with at least two other companies for a stake in the venture. Going by a regular debt:equity ratio of 80:20, the joint venture (JV) would invest about \u20b98,000 crore. Sources said EESL can hold 51% in the JV. They said Shell is keen on the partnership as it is eyeing opportunities in India\u2019s renewable energy space.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: State-run Energy Efficiency Services Ltd (EESL) is in talks with oil major Royal Dutch Shell for a joint venture to invest over Rs 40,000 crore in setting up 5,000 MW decentralised solar plants with storage for low-cost electricity in rural India. EESL is also in talks with at least two other companies for a stake in the venture. Going by a regular debt:equity ratio of 80:20, the joint venture (JV) would invest about \u20b98,000 crore. Sources said EESL can hold 51% in the JV. They said Shell is keen on the partnership as it is eyeing opportunities in [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-362138","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/362138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=362138"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/362138\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=362138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=362138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=362138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}