Saudi Energy Minister Khalid al-Falih addresses the gathering during India Energy Forum in New Delhi on October 15, 2018. “We discussed with Indian leadership the opportunities to synergise our vision with India,” said Khalid A. Al-Falih, Saudi Arabia’s energy, industry and mineral resources minister at the India Energy Forum by CERAWeek on Monday. Saudi Arabia is a crucial source of energy for India and hosts a number of expatriate Indians. BP Plc owns a 43% stake in Lightsource BP, that has invested $3 billion across 2 GW of solar projects globally. By 2030, India plans to meet 40% of its electricity needs from non-fossil fuel sources.

Source: Mint October 16, 2018 02:26 UTC