KSL Cleantech forms JV with China’s Huaihai

Date posted: Thursday 1 August 2019

Kolkata-based KSL Cleantech Ltd (formerly Kirti Solar Ltd), a company engaged in renewable energy and electric vehicles, has entered into a 50:50 joint venture with Chinese firm Huaihai Holding Group. The JV will invest ₹200 crore over the next three years on manufacturing and development EVs in India. The company will also launch other cleantech products such as air purifiers and water purifiers.

(Business Line)