{"id":456254,"date":"2021-12-15T12:05:03","date_gmt":"2021-12-15T06:35:03","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=456254"},"modified":"2021-12-15T13:12:34","modified_gmt":"2021-12-15T07:42:34","slug":"shell-to-invest-1-6-billion-in-jv-with-eki-energy-services","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/shell-to-invest-1-6-billion-in-jv-with-eki-energy-services\/","title":{"rendered":"Shell to invest $1.6 billion in JV with EKI Energy Services"},"content":{"rendered":"<p>Indore-based green consultancy EKI Energy Services will float a joint venture with oil major Royal Dutch Shell that will invest $1.6 billion over a five-year period to provide &#8220;nature-based solutions&#8221; to industries in India, people familiar with the matter said.<\/p>\n<p>The joint venture will target production of 115 million carbon credits in five years, as part of Shell&#8217;s plan to expand in India&#8217;s renewables space, these people told ET.<\/p>\n<p>EKI Energy will hold 51% in the joint venture, while Shell will own the remaining 49%. <\/p>\n<p>The companies did not comment on the development. A formal announcement is likely to be made this week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indore-based green consultancy EKI Energy Services will float a joint venture with oil major Royal Dutch Shell that will invest $1.6 billion over a five-year period to provide &#8220;nature-based solutions&#8221; to industries in India, people familiar with the matter said. The joint venture will target production of 115 million carbon credits in five years, as part of Shell&#8217;s plan to expand in India&#8217;s renewables space, these people told ET. EKI Energy will hold 51% in the joint venture, while Shell will own the remaining 49%. The companies did not comment on the development. A formal announcement is likely to be [&hellip;]<\/p>\n","protected":false},"author":40,"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-456254","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\/456254","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=456254"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/456254\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=456254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=456254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=456254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}