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News Digest Item
02 Sep 2016

ā€œGerman energy utility Uniper and India Power form 50:50 joint venture in power plant servicesā€

Uniper / Reuters

The German and Indian utilities Uniper and India Power Corporation Limited have agreed to set up a 50:50 service company joint venture, India Uniper Power Services, to offer services including the operation and maintenance of power stations. The venture ā€œwill also provide software to increase plant efficiency, banking on India's reliance on coal and gas power generation, which accounts for nearly 70 percent of its installed capacity,ā€ writes Reuters in an article.

Find the press release in English and the Reuters article in English .

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