INTERVIEW-UPDATE 1-Bharat Forge bets on renewable energy, rail

Newswire

(Adds quotes, details and share price) By Aniruddha Basu and Ketan Bondre MUMBAI, Feb 22 (Reuters) - Bharat Forge Ltd is betting on renewable energy space such as solar and biomass energy as it diversifies from its auto parts manufacturing core, a top official said on Monday. "Solar is becoming increasingly viable. Over a 3-4 year period we will target to do 100 MW," Executive Director Amit Kalyani told Reuters, adding it expects to start with 20-30 MW capacity initially. The ...

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