Oil and Natural Gas Corporation (ONGC) and the Russian gas giant, Gazprom, on Friday agreed to expand mutual cooperation in hydrocarbon and power sectors during the second meeting of their Joint Working Group (JWG). The Managing Director of ONGC Videsh, R. S. Butola, and the Deputy Chairman of the Board of Gazprom, A. I. Medvedev, signed the protocol document.
GERMANY: Suzlon places bid for German firm
Domestic wind energy major Suzlon Energy on Friday placed a 126 euro per share bid to acquire German wind turbine manufacturer RE Power Systems.
The company will acquire REpower Systems jointly with PorMartifer SGPS of Portugal. French company Areva has already made a 105 euro per share bid for acquiring the company.
GERMANY: Suzlon places bid for German firm
Domestic wind energy major Suzlon Energy on Friday placed a 126 euro per share bid to acquire German wind turbine manufacturer RE Power Systems.
The company will acquire REpower Systems jointly with PorMartifer SGPS of Portugal. French company Areva has already made a 105 euro per share bid for acquiring the company.
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