This endeavour marks a significant leap in sustainable maritime transport and comes as part of Samskip Group s vision to lead the way in eco-conscious logistics.
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Shell PLC (NYSE: SHEL) is reportedly on the hunt for partners to invest in renewable assets, which are developed and managed by its Indian subsidiary, Sprng Energy, a move aligned with CEO Wael Sawan's strategy
Set up in 2017 by sustainable infrastructure investor Actis, Pune based Sprng Energy supplies solar and wind power to electricity distribution companies in India.
Actis may place these road assets under an infrastructure investment trust (InvIT) that will also house the six operating highway toll road projects that it bought from Welspun Enterprises Ltd last year