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Saudi Arabia’s Alfanar to Invest $100 Million in India Wind Turbine Maker Senvion

Summary by bhaskarlive.in
Digital Desk | New Delhi, Sep 7 (IANS) Saudi Arabia-based Alfanar Group is set to invest $100 million in its Indian wind turbine manufacturing subsidiary Senvion, in a move aimed at strengthening the company’s product development and accelerating its global expansion, a report has said. Senvion said the first tranche of $34 million was released this month, while the remaining amount is expected to be transferred within the next few weeks, acco…
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New Delhi, Sep 7 (IANS) Saudi Arabia's leading energy and infrastructure company, Alfanar Group, is investing $100 million (approximately Rs 830 crore) in its India-based wind turbine manufacturing company, Senvion. The investment aims to strengthen the company's product development, accelerate work on new technologies, and accelerate expansion into international markets. According to Arabian Gulf Business Insight, the first tranche of the inve…

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bhaskarlive.in broke the news on Monday, September 7, 2026.
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